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- Pegasus54 replied Oct 19, 2011
Ohhhhhhhh sorry to hear that
But depending on US news, the 1 hour chart had a very good sell signal and we may not visit the hi again today. Actually the target on this short is 3606 but who is to say. These days we must protect profits as soon ...EurAnalysis
- Pegasus54 replied Oct 19, 2011
Sl is at break even. If it is triggered, I will wait until after US news before placing another trade. ADD: Scaled out at +18
EurAnalysis
- Pegasus54 replied Oct 19, 2011
Micro managing the short: Appears to be a head and shoulders forming on this 5 minute chart. As long as price remains under the possible right shoulder, I will remain in the trade. Above that and I may "consider" exiting the trade around the break ...
EurAnalysis
- Pegasus54 replied Oct 19, 2011
LOL..Mine occasionally malfunctions also. Wonder if there is a fix for that?
EurAnalysis
- Pegasus54 replied Oct 19, 2011
Good morning traders, I took a short position at 3848. Reason being: The previous 1 hour candle tells me the bulls are getting a little tired, the price closed under the 78.6 fib of the last swing hi to low. Now this could be a risky trade as the ...
EurAnalysis
- Pegasus54 replied Oct 18, 2011
If the 80 area on the 5 minute holds then we have a double headed inverse on the 5 min which should take the price back to the 15 minute 61.8 or 78.6 for another possible leg down. I dont really want to short it at these levels. If it doesnt get to ...
EurAnalysis
- Pegasus54 replied Oct 18, 2011
I think around the 78.6 or 61.8 on the 15 minute chart would create some bearish hidden divergence and test the 1 hour neckline. But if we dont get that and price falls from here, we can just look for the same thing on a 5 min chart for an entry.
EurAnalysis
- Pegasus54 replied Oct 18, 2011
Hello foto and welcome to the best FF thread
For me personally, using the fibs and trendlines are key on the smaller timeframes. I dont always trade the smaller time frames but lately in these markets, its necessary.EurAnalysis
- Pegasus54 replied Oct 18, 2011
This may be as high as she goes but testing the 61.8 (or even the 78.6 ) on the 15 minute chart which lines up with the 1 hour neckline isnt out of the question before further decline.
EurAnalysis
- Pegasus54 replied Oct 18, 2011
Good morning
5 minute and 1 hour charts: If the 3708 area holds then there is a possibility of 3638 area being tested. There is a double bottom formation on the 5 min.Above 3708 could take price to 3757 which is just above the 1 hour head and ...EurAnalysis
- Pegasus54 replied Oct 15, 2011
Hey PT, I went back and read post #2 again. You were spot on with your analysis there
It is definitely long term but I also like to keep the whole picture in mind when trading on a daily basis. These longer term levels do come into play and are ...EurAnalysis
- Pegasus54 replied Oct 15, 2011
I like your thinking Blobik. Longs certainly are not out of the question and reading several of the other members posts, the analogies seem to agree that this current rally may not be over, BUT....with the weekly chart sitting only a few pips off of ...
EurAnalysis
- Pegasus54 replied Oct 15, 2011
No, I am not gay buma. I am a woman and married to a man.

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- Pegasus54 replied Oct 15, 2011
One thing that remains in the back of my mind Aaron is this giant bull flag on the monthly, so I try not to get my panties in a twist when we have a sell off. Im definitely not thinking a sell off would be the end of the euro.
EurAnalysis