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  • #1,077,661
  • Oct 11, 2016 7:47pm Oct 11, 2016 7:47pm
Bear might be looking @1016 area before fomc..stay side line till Tuesday if u can't handle volatility..

I can see many accounts are going to wipeout in next 1-2 weeks...be care full....
When Scalpers win, I lose and Vice varsa...
  • #1,077,662
  • Oct 11, 2016 7:52pm Oct 11, 2016 7:52pm
These slow dragging one sided movements usually end up in big spikes.
  • #1,077,663
  • Oct 11, 2016 7:56pm Oct 11, 2016 7:56pm
Look at 10 pip brick Renko chart.
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  • #1,077,664
  • Oct 11, 2016 8:01pm Oct 11, 2016 8:01pm
Quoting Nabz
Look at 10 pip brick Renko chart.
wow. this is seriously oversold. but looks like no sign of retracement yet
  • #1,077,665
  • Oct 11, 2016 10:26pm Oct 11, 2016 10:26pm
Quoting pipfarm
My daily view Third leg of corrective swing with a falling wedge break out on the third of the third. Target lower trend line area. niiche {image}

Its worked out very nicely indeed,so far.
Follow The Markets Structure - Patience and Discipline
  • #1,077,666
  • Oct 11, 2016 10:51pm Oct 11, 2016 10:51pm
still waiting after FOMC coming
onorebate
  • #1,077,667
  • Oct 11, 2016 11:19pm Oct 11, 2016 11:19pm
Good Morning !

Today's SR levels on MT4 Templates for EURO, CABLE, DAX, USDJPY & EURGBP
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,077,668
  • Oct 12, 2016 12:27am Oct 12, 2016 12:27am
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  • #1,077,669
  • Oct 12, 2016 12:41am Oct 12, 2016 12:41am
Quoting Nabz
{quote} I'm long for 1.17 , 1.14 is nothing, maybe broken tomorrow.
Are you still holding your long to 1.17 or even 1.14?
  • #1,077,670
  • Oct 12, 2016 1:01am Oct 12, 2016 1:01am
is there anyone still holding long on this pathetic thing? Now I regret, I should have cut this when it was at 1.1060 range. Now it seems so far away..
  • #1,077,671
  • Oct 12, 2016 1:06am Oct 12, 2016 1:06am
it is time to arise from the ashes! I'm still holding my long trades. will dump them if I get a small retrace.
  • #1,077,672
  • Oct 12, 2016 1:06am Oct 12, 2016 1:06am
Nothing on oil front.Sold AU 7583(5 hours ago)
Sometimes it's better to be wrong,to learn..
  • #1,077,673
  • Oct 12, 2016 1:07am Oct 12, 2016 1:07am
My Intraday View

All the USD counterparts recovered a little something on the way but E/U wants down;
E/U broke all possible key support levels, heading now to the next one 1.1010;
I dont care why it's happening like that (although I'm betting on US presidentials)

...keeping shorts today, long SLs

Good trading you all!
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  • #1,077,674
  • Oct 12, 2016 1:14am Oct 12, 2016 1:14am
Quoting JBrownACU
it is time to arise from the ashes! I'm still holding my long trades. will dump them if I get a small retrace.
same here! What retracement do you aim for? I wonder if it could retrace back to at least 1.1050 ish again. I really want to cut this soon before fomc.
  • #1,077,675
  • Oct 12, 2016 1:20am Oct 12, 2016 1:20am
Quoting Nagy Attila
{quote} This look's like a huge bet on a rate hike confirmation tomorow
That massive fall ...hm, I'm not betting on the FOMC anticipation.
One of the most important reasons those days for a stronger dollar was/is the US presidentials
Once as Trump is bleeding votes hard... "apocalypse" fades a bit, and USdollar strength becomes kind of a refuge (not really a safe heaven)
...see the Gold lowing lately as a confirmation of the consensus that "apocalypse"(the bad economic news all over the world) is starts to fading somehow.
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  • #1,077,676
  • Oct 12, 2016 1:27am Oct 12, 2016 1:27am
Quoting Nabz
{quote} GBPUSD spiked up because of news. http://www.forexfactory.com/news.php?do=news&id=610731 EURUSD may not move much until London open. But it still is slowly going up.
Seems like currency value blackmailing to me.. lol
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,077,677
  • Oct 12, 2016 1:27am Oct 12, 2016 1:27am
EUR will go up on these UK news?

http://www.bloomberg.com/news/articl...r-brexit-terms
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #1,077,678
  • Oct 12, 2016 1:31am Oct 12, 2016 1:31am
no peace with the teachers . Point.
  • #1,077,679
  • Oct 12, 2016 1:31am Oct 12, 2016 1:31am
Quoting Shelika
{quote} same here! What retracement do you aim for? I wonder if it could retrace back to at least 1.1050 ish again. I really want to cut this soon before fomc.
there's your 1050. I'm not sure what my plans are. I trade on ema's and this has just been riding the 40ema. if we can bust through it, maybe retrace to 1070-80.
  • #1,077,680
  • Oct 12, 2016 1:45am Oct 12, 2016 1:45am
As far as we are concerned about the FOMC today they should confirm just 8.3% probability for the hike at 2 November
...ok, if they will have a rise in Nov. will be surprising ...but I dont think E/U is falling now anticipating that surprise
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