Traders are made when they learn to call a turn when everyone else is screaming go the other direction. Fortune favors the bold...

EURUSD

I understand what your saying. I've been long for a bit now because of it and for a few other reasons I've posted earlier. Let's see what happens! :-)

EURUSD

Exactly. That is the goal. A real Trend doesn't change that quick. Not intraday, but slowly over days sometimes weeks. That's where many newbies get trapped. Thinking a reaction against the Primary Trend is a new trend and they wonder why they keep ...

EURUSD

Since we are getting technical. Magee and classic technical analysis says: the trend isn't over until there has been at least 1% CLOSING break above the daily trend line. But who cares...as long as we got what we want. Right?

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No buyers, no HH...

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Now if it will hold when we get a reaction.

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Adding new position if we can reach 1.2539

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Price rejection at 1.251 Bulls ran the price back up quickly to close positive.

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Thanks. watching that volume. that was my tip off.

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Long EUR Entry: 1.2531 Stop: 1.2476 Let's see what happens!

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Long EUR Entry: 1.2531 Stop: 1.2476

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Short EUR Entry:1.26 Stop: 1.266

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chart shows the resistance level we are bumping up against. hard to squeeze the whole picture to date in and have it make sense

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Never give up! Getting closer every day to that tiki bar in the caribbean :-)

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EUR Short Entry: 1.2572 Stop: 1.2622 this is why i like it. double bottom with weeks of clear air between. nice resistance level

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Yes. Shorting more every time it hits it.

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EUR Short Entry: 1.2572 Stop: 1.2622

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EUR Short Entry: 1.2572 Stop: 1.2622

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buy signal

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did you consult your magic eight ball too? ;-)

EURUSD