yeah i was def not sure, the strength of the move up niggled at me. might try a cheeky one on a retest of that 61.8 with crazy tight stop. edit - i am guessing you want to see price below Monthly S1 to confirm the hourly ABC is back into the AB.

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i like them tight, as they say.

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sorely tempted, sorely, just the parabolic H1 move up troubles me. ugggggh might have to wait for a bit of a drop then a pullback.

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@Max please post when you go short so I can stock up on some easter presents lol.

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cut it for -9.0 pips grrr

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short 16.1 under that H1 fib cluster, tight stop

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maybe these different figures are to do with yesterday's high figure being recorded as a different level on different feed servers. UJ did move a lot around midnight so this could explain. S1 = (2 x price pivot) - yesterday high.

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wonder if there will be any magnetism on that 1.2850 NY option expiry.

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yes it's certainly a case of different factors pointing in opposing directions. I am tempted to take a long of these 2 H1 fibs if I get a good entry BUT that will be against this Daily down trend. ugggh. I have decided to walk away and leave it for ...

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I got 93.51 here on my autopivot. livecharts.co.uk reports 93.59, damn 24 hour markets lol

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good info Max. I note also 58% of retail traders are position long 42% short as shown by Oanda's live book. I wonder if this increases the chance of a smackdown.

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well looks that way, I would like to see it correct to 1.2820 and then take a long into the R1 with a super tight stop.

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I hear what you are saying, keep it simple is best.

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forgive me if I am mistaken but I cant see an grain of positive news here, and we have had a strong bull thrust last H1 bar. So it is fair to say there is orchestrated short squeeze occurring. I remain flat.

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doh yes max the correction hasn't failed yet as there is no HH.

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so we have a failed a confirmed failed ABC correction and 1.2820 has 2 H1 fibs clustered on it a 23.6 and a 50.0. might be tempted if both fibs break and are retested to go long.

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made me chuckly even though I dont know who murky is. I am guessing it is some multi nic troll.

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afternoon peeps. nice summary below courtesy of reuters IFR. Cyprus and Italy pressuring the EUR Thursday, March 28 2013 Market Briefs Cyprus imposes cap controls ahead of bk opens Italy borrowing costs on the rise again Spurious rating talk adding ...

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good luck, hopefully it can hit that target for you.

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well you seem to have nailed a good long here...........

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