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- Z3iz3i replied Oct 20, 2010
This bull really needs to a bit calm down to get a robust buy, 1 min tf dip at the top is not so convincing.
EURUSD
- Z3iz3i replied Oct 20, 2010
Can short later but not yet
Stocks picking up speed, likely last hour gives an opportunity short.EURUSD
- Z3iz3i replied Oct 20, 2010
Yup
This long hourly candle will make it hard for bears to gain control. I really did not predict anything, just doing things on fly but would not have believed this kind of recovery rally.EURUSD
- Z3iz3i replied Oct 20, 2010
1 HR tf is good to watch. Pair is kind of on a verge of collapse or shoot up
At the moment of writing RSI > 54 Swing index < 0 Stochs = 63EURUSD
- Z3iz3i replied Oct 20, 2010
Some sold bunch of gold and some crude exactly starting at the moment eur/usd was on top on that second up hill. Might want to take a look another decline if eur/usd behaviour today correlates with it.
EURUSD
- Z3iz3i replied Oct 20, 2010
Interesting, bull constantly failing setup at 1.3840/50....took long at 1.3851 on reload but had to close it with some minimal profit. Maybe need to wait a bit for push towards 1.39
EURUSD
- Z3iz3i replied Oct 20, 2010
Yea. It does not actually need much to get rally going on, just a little help with NY and London markets united and we go up and fast. Index futures are on + so going to be interesting.
EURUSD
- Z3iz3i replied Oct 20, 2010
Evident trendline breakout either direction is nicely scheduled same time as GBP news (spending review) is released.
That will surely move this pair.EURUSD
- Z3iz3i replied Oct 20, 2010
Yea....overnight happened something else than just a retrace. EUR is not even close to drop yet. So, something is cooking.
EURUSD
- Z3iz3i replied Oct 20, 2010
Pretty careful have to be when scalping, short tf trendlines get violated all the time.
EURUSD
- Z3iz3i replied Oct 20, 2010
1.3775 should bounce if not.....well, down we go because then more likely using this order (not visiting 1.3830) 1.3750 does not hold either.
EURUSD