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07-01-2010, 08:28 AM #41161
rt, just spotting things out.. higher to 1.5010 this can go another 70 pips...
waiting for the US data and may bail out on it accordingly...
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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07-01-2010, 08:31 AM #41162 Eur/Usd:
Now what was that I said.. ?
"Slow-sluggish, side-ways / down"
Well maybe I got the range element right... thats if 1.24 holds... 
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Attaching Eur/Usd 1 hr chart
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Last edited by Colly; 01-21-2011 at 08:29 PM.
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07-01-2010, 08:37 AM #41163  Originally Posted by Colly  Eur/Usd:
Now what was that I said.. ?
"Slow-sluggish, side-ways / down"
Well maybe I got the range element right... thats if 1.24 holds...
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Attaching Eur/Usd 1 hr chart
--- 170+ pips in a matter of 4+ hours. Whooaaaa, IT'S THE UChf!!! It broke down again.
Go ahead switch the style up' And if they hate then let them hate and watch the money pile up.'
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07-01-2010, 08:45 AM #41164  usd index level key 85.00 for new leg down
Attachment 60707
we are close of the break ?
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07-01-2010, 08:46 AM #41165
yep.. took a 31 pip loss and im out... I guess i stick with euro only.. suits me..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
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07-01-2010, 08:50 AM #41166
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07-01-2010, 08:55 AM #41167 Originally Posted by AyoBro 170+ pips in a matter of 4+ hours. Whooaaaa, IT'S THE UChf!!! It broke down again. 1.06, as suggested a little earlier, just happens to be 61.8 retraction off the Novembers low last year.
6 months to get to the peak and 1 month to fall 61% back again.
Thats quite a move!
1.24 just got broken again on Eur/Usd. Next target is 1.2439 and is highly likely.
Heres the 3 hr chart with the targets established from the B-1.23-1.22 in broad terms...
Targets in blue ( 4th if relevant is in the uppermost part of the chart )
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Attaching Eur/Usd 3 hr
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Last edited by Colly; 01-21-2011 at 08:29 PM.
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07-01-2010, 09:01 AM #41168  watch for the break
Attachment 60713
is there a chance for the break ?
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07-01-2010, 09:04 AM #41169
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07-01-2010, 09:04 AM #41170 Originally Posted by Colly 1.06, as suggested a little earlier, just happens to be 61.8 retraction off the Novembers low last year.
6 months to get to the peak and 1 month to fall 61% back again.
Thats quite a move!
1.24 just got broken again on Eur/Usd. Next target is 1.2439 and is highly likely.
Heres the 3 hr chart with the targets established from the B-1.23-1.22 in broad terms...
Targets in blue ( 4th if relevant is in the uppermost part of the chart )
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Attaching Eur/Usd 3 hr
--- (mouth wide open)Woooowwww.
Go ahead switch the style up' And if they hate then let them hate and watch the money pile up.'
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07-01-2010, 09:16 AM #41171
Wow, what a bounce! Kudos to you that saw it coming. I'm glad I moved my stops before heading off to bed, still got 37 pips out of the deal.
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07-01-2010, 09:18 AM #41172
Calling Ayo!!
What do you think is happening here?
I'm still pretty much down with an "e" to complete the whole of B to follow this and then bingo personally.
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07-01-2010, 09:20 AM #41173
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07-01-2010, 09:21 AM #41174 Originally Posted by Grin Wow, what a bounce! Kudos to you that saw it coming. I'm glad I moved my stops before heading off to bed, still got 37 pips out of the deal. Well done Grin.... I lost 30 pips on calling a top ( despite my words of 'wait for a lower high' earlier ) and got stopped out at where things are at in the moment by 2 lousy pips. I'll get it back and that'll teach me for going against my own words which included that I wasn't going to be trading until next week but hey ho I did it and such is.
When I said "bounce" I wasn't expected that blast I must say.
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07-01-2010, 09:31 AM #41175 Originally Posted by Colly Well done Grin.... I lost 30 pips on calling a top ( despite my words of 'wait for a lower high' earlier ) and got stopped out at where things are at in the moment by 2 lousy pips. I'll get it back and that'll teach me for going against my own words which included that I wasn't going to be trading until next week but hey ho I did it and such is.
When I said "bounce" I wasn't expected that blast I must say. Lol. WoooooooW. I still get stuck on stupid when I see impulsive waves of this nature. This move is someone's 'c', little c of an expanding triangle leg(w(d) like you suggested) or Big C(as in 24xx-26xx here we come), but which 'c' is the question though? Calling Stan!. TA was looking for another bottom to complete w(e) of B of a skewed triangle but may have finished early@2192, meaning up, up we go.
A-Yooooooooo
Last edited by AyoBro; 07-01-2010 at 09:48 AM.
Go ahead switch the style up' And if they hate then let them hate and watch the money pile up.'
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