i agree, it's still bearish in the short-medium term, but intra-day wise we are bullish until 1.282 at least.

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accurate call! cheers.

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hehe it's very true. the art of BO trading.

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steve, there's also momentum in the market, what's high might go even higher...

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the price action is starting to feel like yesterday's before the spike.

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Be careful of rocket...news release

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Long @ 1.27541, target 1.27939

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I'm short based on my strategy, but if it goes beyond 1.27541, i'm switching over to the long side target: 1.26970 for now.

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could go either way from here, if we see a bear close here on the 60min chart it's falling!

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I think asia sessions shld see continue downward movement, then london we will have breakout to higher prices as momentum rolls over... Will have to see asia to get a better idea.

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Uncle Ben played a joke on the banksters, included the word quantitative 7 times but not referring to QE. hahaha good one there, killed those algorithms.

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the problem with limit orders is that you seldom catch the momentum moves...

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doesn't work like this... anyway market coming to a close so liquidity is drying up after that huge move... we might see a retracement back to 1.2709 levels during asia session, but london move tmr should be worth trading

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well at least you knew, i didn't know what was going to happen, just placed stop-buy and stop-sell orders at both side (dumb trader method hahha)... once market moved it got triggered and I saw +20 pips instantly...

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I agree that 1.29 is a reasonable target for this up move, because it's 50% retrace of the down-move...

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I was quite sad that I couldn't close my long trade at the top because my computer lagged..... oh well BUT you know what, we can never get it correct all the time, there's always next time!

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yeah but I weighed the factors, and bailed out at BE+2 pips LOL. didn't want to risk losing sleep at night, much safer to wait for london open tmr to join in the trend.

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im still sticking with the long view because of pattern on daily chart, bullish pinbar classic reversal pattern, tomorrow traders will jump in...

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how this goes depends a lot on the next one and half hours and if the 4 hr bar manages to close beyond the weekly pivot...

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what are you saying... ?

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