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OnlineAddict commented Aug 11, 2014Too many people waiting for 1.7, so it can go either to 6920-70 before more down or 7050 or higher. When too many people wait for the same number, its always tricky.

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OnlineAddict replied Aug 11, 2014It is not bullish, but I have this feeling it will go up a little before down. But if I'm in a short before EU session and in profit, I will probably use a tight SL and leave it open. Depends what happens during asian session. When I said "buying ...
EURUSD
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OnlineAddict replied Aug 11, 2014I expected a bigger retrace than this, so getting out during early asian session. Looking into shorts then and buying again, but lower.
EURUSD
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OnlineAddict replied Aug 11, 2014I only want long to go short from higher.
I can see this go to 3450, 3467, 3499, maximum 3567, but thats too high of a target for this week, so I will see what it does above 3400 and if tomorrow's news are positive, which may move it above 3450 ...EURUSD
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OnlineAddict replied Aug 11, 2014We already have a triple bottom, which might be enough to take this above 3450, before another attempt to break 3330, tomorrow will tell.
EURUSD
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OnlineAddict replied Aug 11, 2014Ah, I know what you mean. If that happened during the first US hour or the first EU hour, I would probably get out right away. But it happened during a lower volume hour, so I knew that worst case, it would come back for me to close the trade at a ...
EURUSD
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OnlineAddict replied Aug 11, 2014Yes, all I need is one more hourly close like all the past ones and I will stay long. If it closes below 3383, I will get out on the next pullback.
EURUSD
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OnlineAddict replied Aug 11, 2014If a move like that was going to scare me, I wouldn't trade forex. Hourly close is more important than these spikes. And we closed above 3383 again.
EURUSD
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OnlineAddict replied Aug 11, 2014PA seems to want to go higher, once my EU long is in safe profit, I will probably set a pending long for cable above today's high.
Cable Update (GBPUSD)
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OnlineAddict replied Aug 11, 2014I'm. If this H4 closes at current levels, around 3386, it can only fall further. But for me, intraday, the last hour close is enough, thats the hour with the most volume, most of the time. Thats why I'm inclined to a long scalp from 3383+-.
EURUSD
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OnlineAddict replied Aug 11, 2014Bulls are not trying yet...they let bears do the work, but so far nothing. I give them one more hour to break 3383, then I go long.
EURUSD
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OnlineAddict replied Aug 11, 2014Yes, today it looks like it wants to go above 6800 instead of below 6770.
Cable Update (GBPUSD)
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OnlineAddict replied Aug 11, 20143383 seems to be a very strong support. If it doesn't break, might shoot this above 3450 this week.
EURUSD
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OnlineAddict replied Aug 11, 2014If euro breaks below 3383, it might take cable down, but cable has been bullish since later asian session, not sure it wants to break lower today.
Cable Update (GBPUSD)
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OnlineAddict replied Aug 11, 20143383 very close...if it doesn't break, might be a good long. If it does, I will long 3350 or below.
EURUSD
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OnlineAddict replied Aug 11, 2014Don't worry, 2 busy hours coming up, something will definitely happen.

EURUSD