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- Pegasus54 replied Sep 22, 2011
this could bounce to 3500 from here so I took all profits with +102
EURUSD
- Pegasus54 replied Sep 22, 2011
could be wrong but my thought process is when the dx reaches 79.54 is when the eu will bounce for some long pips up to the 3550-60 area then head back down. Will have to wait and see the price action at that time.
EURUSD
- Pegasus54 replied Sep 22, 2011
My thoughts are for this possibility. Spike thru 3426 then form a pin for a decent bounce maybe to 3550.Then back down to 3284
EURUSD
- Pegasus54 replied Sep 22, 2011
Not all of my entries are based on tests. I have several ways to enter a trade. This particular trade was based on the test of 3610. Price only made it to 3590 which was good enough for me.
EURUSD
- Pegasus54 replied Sep 22, 2011
This has been a nice trade so far but I am not so sure it will make it to 3426.Of course I have scaled out to protect profits but we will have to wait and see.It does appear that the 5 minute chart is setting up to take a stab at 3426 tho.
EURUSD
- Pegasus54 replied Sep 21, 2011
Stepping out for a bit. Company coming to visit. uggg but I will be checking the charts for an exit of the long around the previous mentioned areas and possibly a short at that point. Nothing set in stone at this point.
EURUSD
- Pegasus54 replied Sep 21, 2011
I am not an elliott trader but I take note when someone points it out to me. ty
EURUSD
- Pegasus54 replied Sep 21, 2011
This one hour trendline. As I mentioned before that it is typical to test the support turned resistance before it continues south.
EURUSD
- Pegasus54 replied Sep 21, 2011
Im thinking this long I am in isnt going to last long. I think its just a retracement to test some levels before it continues south.
EURUSD
- Pegasus54 replied Sep 21, 2011
If this dip to 80 holds then price should get to the 3610/25 target, Otherwise it will hit my break even stop loss.
EURUSD
- Pegasus54 replied Sep 21, 2011
I was wondering what you were meaning when I saw your last chart. haha.Thanks for clearing that up.
EURUSD
- Pegasus54 replied Sep 21, 2011
You can read my recent post on the eurusd and my personal thoughts about what is llikely to occur. By no means consider them a buy or sell recommendation. They are strictly my thoughts according to my personal TA.
EURUSD
- Pegasus54 replied Sep 21, 2011
The overall one hour trend is down and has been pretty flat for the last three days. Price broke thru the support this afternoon and continued down thru it. It is common for price to retrace to the support that was broken especially with a quick ...
EURUSD
- Pegasus54 replied Sep 21, 2011
price may have to dip to 3580 to gain a little steam to get to 3610/25
EURUSD
- Pegasus54 replied Sep 21, 2011
ok are we done fighting now? Can we get back to trading? We have some good opportunities coming our way if we pay attention and dont let them slip by with this silliness.
EURUSD