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- skozyuk replied Jan 5, 2011
Looks like many are reloading shorts, we will see another steep sell-off shortly.
EURUSD
- skozyuk replied Jan 5, 2011
Last chance to reload shorts, train is departing to south pole now....
EURUSD
- skozyuk replied Jan 5, 2011
I been riding shorts since Dec 31 spike. The profit has hit 4 digits, and I know we are not done yet
EURUSD
- skozyuk replied Jan 5, 2011
Target hit — Target #1 took TP going for #2, hopefully my prognosis works out.... url
EURUSD
- skozyuk replied Jan 4, 2011
Here is what I see.................. M double top, if we break support, the downward leg will extend further to next periods support level.
EURUSD
- skozyuk replied Jan 4, 2011
You know the funny looking "do-hickies" some traders attach to otherwise naked PA chart. Used to justify their entry/exit based on lagging history calculations.
EURUSD
- skozyuk replied Jan 4, 2011
MACD, RSI, etc all lagging indicators. Look at the chart not blingy boxy indicators. They only tell the truth when its over...
EURUSD
- skozyuk replied Jan 4, 2011
Thats the example of ideal setup. Basically bear flag occurs when sharp sell-off followed by ranging consolidation for some time. It can be sloped up or down to some extent. Bull flags are the same except they occur following sharp bull runs.
EURUSD
- skozyuk replied Jan 4, 2011
I beg to differ url They should take off one vouch off you for failure to read basic technical patterns. ;-)
EURUSD
- skozyuk replied Jan 4, 2011
Watch the retracement on M1, someone is got to be loading up on longs right now. More liquidity and SL levels to break for bear spike at London open, followed by sell-off on NY
EURUSD
- skozyuk replied Jan 4, 2011
Tomorrow we likely see further dollar strength that will drive down gold, oil, etc and will hammer a nail in to bulls casket. Watch for long SL being hit and further runs with wild retracements, the bears will roar this week.
EURUSD