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SmoothTrader replied Jan 29, 2009BIG round number — 13000 is looming large again. It will be interesting how the market reacts. Covered 1/2 my shorts and watching the action.
EURUSD
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SmoothTrader replied Jan 29, 2009A few more Germans unemployed than anticipated. Not good for EUR.
EURUSD
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SmoothTrader replied Jan 29, 2009Dreeded 13060 — Is 13060 finally resistance since it was broken to the downside? Watching and waiting for confirmation.
EURUSD
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SmoothTrader replied Jan 28, 2009It was approved by the House of Representatives. It still must be approved by the Senate and that will be tomorrow or Friday.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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SmoothTrader replied Jan 28, 2009The battle at 13100 is almost upon us. Good place for a rest.
EURUSD
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SmoothTrader replied Jan 28, 2009Here we are back up for another run at 13300. Is this the time it breaks through and above 13330?
EURUSD
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SmoothTrader replied Jan 28, 2009Beauty is in the eye of the beholder. It kind of looks like it might be better classified as a "Humpback H&S"
Well it's still valid even if she won't win any beauty contests.EURUSD
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SmoothTrader replied Jan 28, 2009Battle lines — It looks like they want to attack the 13300 level again. Is the third tike a charm or will it be rejected???
EURUSD
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SmoothTrader replied Jan 28, 2009Only BUY High if you can sell HIGHER Only SELL Low if you can buy LOWER

EURUSD
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SmoothTrader replied Jan 28, 2009Will it hold or will it break — image Will the trend line hold or is it too tempting to break?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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SmoothTrader replied Jan 28, 2009I guess my pit trading is coming back to me. I know I always liked to run the stops, so I assumed that the "big boys' would like to do it too.

Auslanco - GBP/JPY and GBP/USD (newstrade)
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SmoothTrader replied Jan 28, 2009Sure looks like they were stop hunting and painting the chart for us.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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SmoothTrader replied Jan 28, 2009From what you have here, it would make sense to enter ONLY one pending order @ 38.2 with a SL at the 61.8 plus 100 pips. The way you have it written your original short order would be closed with a SL at the 61.8 and a brand new order would be ...
Fib 4Hour MTF Moving Average
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SmoothTrader replied Jan 28, 2009From your first post, I assume that you meant to add the GREEN and delete the RED. Then it makes sense. The way you had it written, a person would enter the trade at the 38.2 fib line and if the market should move to the 61.8 fib line then their SL ...
Fib 4Hour MTF Moving Average
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SmoothTrader replied Jan 27, 2009I thought it might be and I believe it is valid. Of course we would always like to see the neckline more horizontal, but this is still a clean setup. I'll be watching it to see if it materializes. Thanks,
Cable Update (GBPUSD)
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SmoothTrader replied Jan 27, 2009I'm looking at the E/G daily and I am having a hard time seeing the H&S you speak of. Can you post your chart showing the soulders and head. Thanks
Cable Update (GBPUSD)
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SmoothTrader replied Jan 27, 2009This portion is a bit confusing. Please clarify? Thank you and green pips to all.
Fib 4Hour MTF Moving Average