Guys, I'm trying to get some feedback on the attached USD/CHF chart and WHY you wouldn't have taken the trade? The USD/CHF's daily looks like quite a bit of chop to me and the level selected was not necessarily backed by any solid past or present ...

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Yep, just did the fibs and saw that...nice. Bed time yet RC? Or do you normally trade the entire NYC?

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Looking at the EUR/USD now, 1.333-1.3365 looks to be a nice area of resistance. I'm unsure of what equities will be doing the rest of the week...daily uptrend has broken and this 1.3365 resistance provides a way for the broken trend to retrace back ...

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Yeah, RC's call was spot on...I'm curious as to if BRV was calling the general range between those two daily supports (1.3125-1.317)...really, that entire area was loaded and looked good for some sort of bounce. Opinions RC?

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EUR/USD finally coming into range...

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Agree with you on TL, certainly just for reference. I'm curious as to what price will do in the coming UK session...

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What I'm watching on the EUR/USD...much of the same. Nice action the last 24 hours. I still prefer to see US equities rally to support bull EUR so that I can short from 1.375 range. 1.31 also looks nice although to hit that price, we're looking at ...

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I'm scaling into some USD/CAD... image

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Ahh, I bet! AW = Sick. Just came back from your city last weekend...was gorgeous, 70ish, sunny...light breeze...LA girls everywhere...pshhh

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Yep yep. How's the E46 running libb?

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That being said, it looks like we came within about 30points of that line and then retraced 200 points so I would be careful about playing this line a second time, especially if we continue to have a US equities rally/USD weakness this week. image

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I've had this on my alert call for awhile now, certainly looks to be a No Brainer.

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Watching G/U for a short @ 1.5 image E/U is ways off but keeping an eye on the 1.375 figure... image

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Understood. I wasn't aware of the news until the postings here...just looked liked a standard wedge breakout of 1.45 on up to knock sellers at 1.46. I'll need to keep that handy...but I'm almost more inclined to short a big news spike, especially of ...

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It comes with time, keep at it. Like I said, you had the 1.45 level, just not quite the entry. 1.46 was good...watching 1.34 on the EUR/USD now.

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Well, I did. Playing around with Camtasia a bit too and captured my 15point short from 1.4594. I'm still trying to figure out how to upload HighDef but you can make out part of the trade...no making fun of trade or account size guys video

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I have no idea about the hourly closing, just that I played this exact trade and could not see re-entering after the first touch, which indeed offered up SOME points before being blown out of the water. You had the price area right but re-entering ...

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Did you not play (short) the initial shot up to 1.4515? That's where the original entry should have been or close to it...by the time you entered at 1.4496, price had already retraced some 20 points...then moved further down to 1.4475-8, allowing a ...

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Quality pick on that level Siam. I've always started at daily charts but will note to start at weekly to see what levels may be standing out before moving down to the daily & 4hr.

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Good call Siam and I do believe 1.33-1.333 range will provide some bounce but I look to see the 1.34 figure provide a stronger resistance. More so, 1.34 gives the EUR a little more room to breath and possibly and *if* it reaches that price, I would ...

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