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- Pegasus54 replied Sep 22, 2011
You could be right but why do you think it wont get there? because I think there is a good chance it will get there.
EURUSD
- Pegasus54 replied Sep 22, 2011
I will exit if price closes below the trendline I displayed earlier on the 5 minute but below 3426 and shorts are back in play.
EURUSD
- Pegasus54 replied Sep 22, 2011
entry is 3397 and looking for 3516-33 or even 3610. I will set alerts at those levels and then I can evaluate it if/when it gets there.
EURUSD
- Pegasus54 replied Sep 22, 2011
The dow has some issues but it will probably bounce and close as a pin.
EURUSD
- Pegasus54 replied Sep 22, 2011
Im still in this trade unless price closes below the current 5 minute trendline.
EURUSD
- Pegasus54 replied Sep 22, 2011
see what I mean about the 50% retracement and the 5 minute trendline? I will set sl at be and scale and let it go.
EURUSD
- Pegasus54 replied Sep 22, 2011
Most of my analysis at the moment is built on this weekly chart. The eurusd typically bounces off the 50% retracement.plus the dx is nearing a major resistance at 79.54. I try to keep it simple.we know there is a possibility of spiking thru that ...
EURUSD
- Pegasus54 replied Sep 22, 2011
No problem andy. this is an emotional and sometimes irritating business.
EURUSD
- Pegasus54 replied Sep 22, 2011
I may be wrong and this is not a buy or sell recommendation by any means but I think we are in for a decent bounce again only a lot bigger than the last one.As long as the 36-40 area holds then a bounce is very likely.
EURUSD
- Pegasus54 replied Sep 22, 2011
im done for the day but if I wanted to be risky and look for another buy it would be the 40s area
EURUSD
- Pegasus54 replied Sep 22, 2011
covered with +40. About 130 odd pips between overnight and this morning. break time. No real need to trade anymore today less I want to run the risk of giving it back.Life is waiting out there.
EURUSD
- Pegasus54 replied Sep 22, 2011
You have a point there on the 3650 then back to break the weekly support but first in order to get to 3650, price needs to close the 4 hour chart above 3535. Otherwise, this little move north is just a minor retracement. So I wont go getting my ...
EURUSD