Maybe, but I think it will just go short to about 1.2244 or so first. It never met up against the lower bull channel trendline, created by the last two short moves on 1H 4H

EURUSD

Your feeling is way late, we've already moved about +100 pips long. Now we're going to at least get a nice retrace, if not a complete reversal short again. Because at the top is where all the noobs jump in after it's gone long and exhausted and get ...

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I like your sig.......hey quit exploiting my incompetence!

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Nice. I'm hoping for a bounce around 1.2300 to put me back in profit and create a short move.

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Well I hope you were able to get out with the quick 20 or so pips, I didn't

EURUSD

Na, still in short. 10 pips underwater now. I should have got out with +20 or so pips when I had it though and just reloaded higher up. If it goes short again I would have made more pips that way. I still think it will head south though. My stop is ...

EURUSD

Cmon Asia you know you want those stops at 1.2240!!!!!!!!!!!!!!!

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BURN THE WITCH!!!!!!!!!!!!!!!!!!!!!!!!! P.S. Ya it bugs me a bit when somone posts a chart with absolutely no explanation.

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Ya me too, I'm hoping it can penetrate 1.2250 again and continue on to 1.2200

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No reason to get but hurt. I wanted to know his reasoning, not your guess at what his reasoning was that's all. Nothing wrong with discussion. I just wanted to know because I'm in a short and it's at about that price point he mentioned that's all.

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Care to share a chart and tell me the time frame please?

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I was aksing for his reasons.

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What leads you to believe those prices are critical?

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Short again from 1.22887 , almost exactly where I got out from my short friday with +14 pips before it stalled out for the weekend. It's been teasing the 1.22595 level. I believe it will get to at least there tonight and pehaps slide further down. ...

EURUSD

Well, guess I'll just close my last short for 14 pips before Oanda closes for the weekend and I end up getting stopped out as the spread widens to 10 pips over the weekend. Have a nice weekend everyone, hope everyone had a good trading week too.

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Source? Or, you just hoping, to save a long that's underwater?

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Ya I wouldn't expect it to go that far short, if it goes, today either. Best possibility for shorts today would be where the long move started at 1.2240. But, it would be nice.

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One more minute and we'll have a 15M close below 1.2300

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Not nessascarily, as long as there are stops there to trip it's always a possibility. Price has been there before, no reason it can't return.

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My vote goes for south, still short from 1.2308 with +1 locked in. I'll let it ride either way. Have my +30 for the day already.

EURUSD