When I get home within 2 hours from now I will post a chart that (IMO) clearly identifies the trend. Can't post chart from the office where I work, but @ 3 PM PST I'll be heading home. Shamu

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I have a small long from 1.3770, but following closely and ready to pull the trigger anytime. Probably will go down in Asia session. I thought the trend was your ennemy, not your friend? Shamu

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And why does he have to dive to 1.3540 first? In order to what?

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Probably consolidation time. I still see a possibility that we will reach 1.3850 but I'm flat at the moment.

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Normally I would agree with you, but not today. With upcoming FOMC minutes, if that is dollar friendly it will blast through the support.

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Thank you, same to you. You're on the west coast too?

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Time to get some sleep. That's the bad part of living in paradise ...... My time to sleep is always the London session. (San Diego, CA) Shamu

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Yes, but I agree, it was not a real smart move.

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Mission accomplished!

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I'm short 1.3592, Target 1.3585, stop/loss 1.6500. Can't go wrong with that.

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Do you really think that anyone is interested in this kind of postings?

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Closed shorts for a tiny profit. Its going nowhere for now.

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Of course we are heading back. That's what we are supposed to do.

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This played out perfectly. I just opened shorts @ 1.3540, 1.3548 and 1.3562. First target 1.3430, second target 1.3300 Shamu

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Going to sleep Shamu

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The only problem is that the upward trend is breached.

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How is that possible? We are nowhere near 1.3650. Typo?

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Why? Please give reasoning, or post a chart.

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LOL, Without my background I probably would not be trading at all.

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Don't worry, I'm very close to CPA (can't get licensed because i only have AS) but I am a Sr. Treasury Analyst (CTP, EA) for a Fort. 500 fin. inst. and I've been in Risk Management assessment for some years before that. I know what you are talking ...

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