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- BFSGcapital replied Jun 5, 2012
it just amazes me how we can go through support with absolutely no bounce whatsoever. seriously, whats the reason for this? perhaps euro data was leaked and its horrible of course .... this is just so insane i knew we had 4hr evening star but i ...
EURUSD
- BFSGcapital replied Jun 5, 2012
talk about a sell off, look at how horrible that 5m looks, and no bounces at all, lets see if 2572 can squeak out a bounce.... this is ridiculous
EURUSD
- BFSGcapital replied Jun 5, 2012
closed at 85, amazing how channel support holds so well (although this is barely support, because its the bear channel and of course we are probably going to re enter it. will re enter if we get back into primary bear channel from 1.328 although ...
EURUSD
- BFSGcapital replied Jun 5, 2012
and we fail to hold. i love watching price action during minute before large TF close
EURUSD
- BFSGcapital replied Jun 5, 2012
risky, but we are due for a slight bounce here it seems being under 1.25 makes it kind of hard to want to go long even for a scalp here
EURUSD
- BFSGcapital replied Jun 5, 2012
I wish I could trade that long term. IMO its hard to make that kind of call with all this support still holding. I mean how do you know it won't bounce off support levels, how do you know its down to 1.2278? I like to take it step by step. Will look ...
EURUSD
- BFSGcapital replied Jun 5, 2012
watching this area (primary channel, now might act as support + daily pivot is there)
EURUSD
- BFSGcapital replied Jun 5, 2012
closed half at 1.25 for +20 (0.2%) at 1.25, rest is running till BE. i might scale back in half if we get a nice bounce here, but look to continue downward i know its probably going more, but i like to book profits for the day, so if it runs against ...
EURUSD
- BFSGcapital replied Jun 5, 2012
lets hope we break 1.2510 (i really n eed to change the color of support levels, they look like entries)
EURUSD
- BFSGcapital replied Jun 5, 2012
Definitely looking like a good short now, entered a 2x at 2524
EURUSD
- BFSGcapital replied Jun 5, 2012
They love to stop hunt the peak +3-5 pips, would be a shame to see it stopped out
I would put it at 50 or 52 or something like that But I don't see why we would get more buying today, this market needs a pullback or it will have to consolidate ...EURUSD
- BFSGcapital replied Jun 5, 2012
Not sure, and even if it was longs today, this isn't a great spot to enter ( i wouldn't think) I would wait for the Euro data later, that might set the direction for the day
EURUSD
- BFSGcapital replied Jun 5, 2012
Lol, I don't pay attention
I forgot about all this. Hard to see much of a hammer time without London
but i still expect price to fall a bit, not too much, maybe 50 pipsEURUSD
- BFSGcapital replied Jun 5, 2012
15m hammer, im not doing anything until london wants to cross to the downside, and im thinking it will eventually if it doesn't right now
EURUSD
- BFSGcapital replied Jun 5, 2012
hes too lazy to type 2. it confused me too
2510 (1.2510) which i have as a minor support level as wellEURUSD
- BFSGcapital replied Jun 5, 2012
You never know if the mini bull is over, but the trend is your friend. I'm expecting we need a pull back to 1.25 or 1.247 before any more buying. Green lines are minor support areas not entries
EURUSD
- BFSGcapital replied Jun 5, 2012
I think today will be a bears day. at least we retest 1.25 and below that 1.247 You just never know when the bears are going to come back but when they do it's vicious. Green dotted lines are minor support areas not entries
EurAnalysis