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05-25-2012, 05:26 AM #75796
yes and yes and yes - nasty gap - there must be a reason for it to occour we`ll know soon
Originally Posted by Clivewaverider
BUT - When trasuries make a turn there is not always an immediate follow through in FX market - fx laggs behind bonds - sometime a few weeks are needed for fx to catch up bonds
edit: bunds and others did not react that strongly - this is US only weakness - soo risk could very well be still off, but USTs could be too expesnsive "safeheaven" at theese levels - or maybe whales are shuffling their positions ???
Last edited by fazi; 05-25-2012 at 05:33 AM.
05-25-2012, 05:28 AM #75797
Originally Posted by turmaz
EDIT: sorry the next down number if we close under 2521 would be 2479
05-25-2012, 05:48 AM #75798
turmaz, your huge Fonts sucks. What's the point? We all read your posts so you don't need the added attention.
05-25-2012, 05:52 AM #75799
Hey, Patryk. Would that be only because of a bad quote by your chart broker? I checked both TOS and MT4 charts for 30-yr and 10-yr, there is no gap down.
Originally Posted by fazi
05-25-2012, 05:55 AM #75800
lol i just wanted it to sure that you read this apologies mate!
Originally Posted by SharonSS
05-25-2012, 06:03 AM #75801
im still a bull for the short term. we stay above the daily pivot and we break daily R1 which lies at 1.26... a move back down to 1.2550 and a break below will expose new lows.
the 200ma on 1 min will give support for the pair.
05-25-2012, 06:09 AM #75802
why only 1% ppl are successful and 99% are not, its the hard word in their profession and keep doing it no matter what,
here is the you tube video watch and listen carefully
The Best Motivation For Anything And Everything - YouTube
05-25-2012, 06:13 AM #75803
The price action has tried the 15 min upper band resistances again and has pulled back. The pullback is relatively shallow as the price is basing near the recent highs for the breakout.
The 4Hour upper BB20 (probable lower high) is the upside target followed by a return trip to the lower bands.
Last edited by rcopadilla; 05-25-2012 at 06:25 AM.
Reason: more info
05-25-2012, 06:15 AM #75804
wow that's pompous even by your standards Paul. the only thing normal about the market is it's unpredictability, if you know how it should/will act then why are you here with us mere mortals trying to figure this out and along the way help each other. your posts seem to insinuate that you have some omniscient knowledge about the market, well good luck with that.
Originally Posted by Paul Chin
05-25-2012, 06:22 AM #75805
Thank you - that explains why other markets didn`t react
Originally Posted by Franosh
05-25-2012, 06:39 AM #75806
The price is basing near the 15min resistances. A quick drop to the BB20 midline should mark the start of the breakout.
Originally Posted by rcopadilla
The highest target level is at today's Daily R3 which is not likely. Maybe it gets tagged the next day, over the holiday weekend when no one is watching.
05-25-2012, 06:53 AM #75807
the market may range for another hour or so..
Originally Posted by turmaz
so i want to share some thing of my experience, when i started trading alot of ppl said "trading is not difficult its not rocket science". so what i did that i took trading as easy and what happened next i kept losing and losing and one day i met a very senior trader and asked him what to do he asked what happened i quoted this that i heard "trading is not difficult its not rocket science" and in returned he lol and said rephrase the quote as " trading is difficult and rocket science is not" because in rocket science you have nothing changed same formulas same mathematical calculation not a difference of a nano number but in trading you are contineously dealing with human emotions and changing number every nano second so you need to understand this trading is not easy...
and alot of advices he gave me and i remember one very imp advice that was, " making money is imp but how not to lose it more imp". means in every trade dont think how much you gonna make think of it how not to lose what you already made.
trade safe mates!
05-25-2012, 07:12 AM #75808
Depending on how the current strength in euro, cable and aussie would hold or not, things might be changing.
05-25-2012, 07:27 AM #75809
(as long as we stay above 200MA on 5 min), momentum is still up on shorter term and i expect price to hit new high. stuck some wave counts which looks doable i guess.
Originally Posted by jogold18
price might just sig-zag for a litle bit before going back up, but 1.2555 is key in my view for a move higher.
need a rest from trading.
good luck and good week all
hope u all reap many pips
05-25-2012, 07:33 AM #75810
I'm waiting for a bear with some serious diarrhea, which is flushing this whole mess down, and hopefully today :-)
Money does make you happy, only sad that you can't buy health.
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