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johnnyrei replied Sep 21, 2011Oh sure - that is the case with h1 now - agree. But I usually imply the ''squeeze'' and ''widening'' to higher time frames - like daily or weekly. For example: on weekly, you can see widening Bollinger bands - it usually means that market is ...
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johnnyrei replied Sep 21, 2011Yes - it's possible that once price move above bb - it can shoot back down. Nevertheless - we are under it at the moment and it's only 4% of any given time we can stay under them. Bigger time frame, bigger Bollinger band precision. url
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johnnyrei replied Sep 21, 2011And this confirms to me that market is highly oversold at the moment. Yes, you can see nice bear set ups - especially on 2h and 4 chart ( they look like topped and ready to fall), but if you look at bigger picture - we are under Bollinger bands on ...
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johnnyrei replied Sep 21, 2011Market playing nicely within levels - bounced right off 1.3648. I see rejection candle on 15m followed by mighty upward candle which pierced downward channel:
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johnnyrei replied Sep 21, 2011If we close hourly below 1.3648 and take my long @ 1.3615, I will start looking for new longs only, no shorting.
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johnnyrei replied Sep 21, 2011God Morning everybody. Glad I went to sleep early last night - Pa sucks
. Anyways - my position @ 1.3615 still safe, here is my 1h chart - market still holding on the upper blue channel. Will do more analysis, but I just woke up literally 2 ...EURUSD
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johnnyrei replied Sep 20, 2011Alrite Guys - going to sleep - left only 1 position opened - long @ 1.3615 - sl at be+1. Hopefully will wake up to 1.39 - 1.40 area in 8 hours. Anyways - if you have selling appetite - I recommend selling only if we get below 1.3648 and also at ...
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johnnyrei replied Sep 20, 2011usst fecking with ya
- bored because of slow pa - btw - if anyone took it seriously - please - never trust someone who trades off tick chart, oukay?EURUSD