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fxswing replied May 19, 2010You can't talk about a trend without giving the time frame... Market is trending up in 5 minutes but trending down in 1H right now, so what's the trend ? If you take the most followed time frames 1H / 4H / 1D they are all still down.
EURUSD
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fxswing replied May 19, 2010What was hard to try to short a former long term low (more than 1 year old) below 1.2333 ? On the premise that former support would become resistance. Discipline, patience and a plan is the key. Trading is easy if you don't transform it into rocket ...
EURUSD
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fxswing replied May 19, 2010I'll repeat one more time (for fun
): In bull market, one is supposed to be long or flat ONLY. In bear market, one is supposed to be short or flat ONLY. Where're clearly in H1 and higher time frames in BEAR market (below the 200sma), so please ...EURUSD
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fxswing replied May 19, 2010Failure to push through former low 1.2333 ? Shorted 1.2325 Stop: 30 pips Target: A new low after fomc minutes release
EURUSD
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fxswing replied May 17, 2010Yep, we need to see capitulation, and it looks like we haven't seen it yet...
EURUSD
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fxswing replied May 17, 2010To me EUR/GBP still bearish in 20M/1H/4H, and the session was well balanced around 0.8553. No signal there for my taste.
EURUSD
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fxswing replied May 17, 2010Took a short here @ 1.2399 on 1H tf signal and possible double top (1.2414 to monitor) Stop: 30 pips. Target: A New low...
EURUSD
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fxswing replied May 17, 2010Looks like we could consolidate in the 1.2345-1.2280 zone for today...
EURUSD
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fxswing replied May 17, 20104H / 8H charts confirming short signal as long as we stay below 1.2366.
EURUSD
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fxswing replied May 17, 2010Lots of EUR and GBP data tomorrow morning for the European session. Perhaps we'll see some more short covering, let's not forget that possibility. If we break 1.2366 before the end of this 4H candle, they could try to push to 1.2523, where this area ...
EURUSD
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fxswing replied May 17, 2010Market will play with us, teasing us to leave our positions, it wouldn't be fun if it weren't that way...

EURUSD
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fxswing replied May 17, 20101.2311 is a support from European open range, now they'll try to get the 1.2333 / 1.2366 before the 4H candle close in 30 minutes... If they can push and close past 1.2366, then a reversal could be possible for tomorrow and should have the shorts on ...
EURUSD