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- Rgali1 replied May 4, 2010
next target according to gators chart 1.2983 question is will we have a sizable bounce at that level or will be just keep going down?
EURUSD
- Rgali1 replied May 4, 2010
it has some more room to drop...i'm not buying into this retrace just yet
EURUSD
- Rgali1 replied May 4, 2010
No i'm not in any trade right now. just watching...going to get some pop corn.
EURUSD
- Rgali1 replied May 4, 2010
1.30 just about hit...and i'm to scared to do anything....where is MAL? we need him to provide some insight on why it will fly up!
EURUSD
- Rgali1 replied May 4, 2010
Gator I agree with you 110% but what I think he ment was that every trend has its up moves and down moves it is bound to retrace a bit. You are better then anybody else here to call a temp bottom. Are you eyeing 1.2982 from your chart or think it ...
EURUSD
- Rgali1 replied May 4, 2010
I am still holding out for 1.3000 or lower before I will attempt a long on the retrace...and thats not an ideal trade let alone those of you that are longing now where are you placing your SL? 1.2980's is still in the realm of possibilities today.
EURUSD
- Rgali1 replied May 4, 2010
they like rounded numbers maybe 1.30 will be the temp floor for now.
EURUSD
- Rgali1 replied May 4, 2010
Mal I know you are a good trader. It's just that VSA lately seems to be going against the trend, which normally imo isnt a good method as calling a bottom is very tough.
EURUSD
- Rgali1 replied May 4, 2010
Longing this pair is dangerous the trend is def down. Sharp knife it is!
EURUSD
- Rgali1 replied May 3, 2010
I see at least another down day before we reach the upper limits of this weeks high. I am not going long till then.
EURUSD
- Rgali1 replied May 3, 2010
back down it goes looks like we may be just ranging for the rest of us session.
EURUSD
- Rgali1 replied May 3, 2010
We should see some resistance around 32 if we go a bit higher may be a good place to add some shorts for tonights actions
EURUSD
- Rgali1 replied May 3, 2010
If this pair is to move up in the next euro session then surely Asia wont disappoint and move it even lower before hand.
EURUSD
- Rgali1 replied May 3, 2010
They may indeed push it that low before we go back up....unless ofcource they just decide to finally crash it.
EURUSD
- Rgali1 replied May 3, 2010
Seems like the guy with the hammer doesnt want to pass it on to the next guy just yet.
EURUSD
- Rgali1 replied May 3, 2010
Trend is your friend guys....it's much easier to trade then to call bottoms!
EURUSD