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shellsnail replied Nov 9, 2012if this retraces back to 1.27512, the short-term bias will be long :/
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shellsnail replied Nov 9, 2012(I actually opened a buy order to hedge the losses from the long-term position here) if we don't see some significant up move soon I might be wrong
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shellsnail replied Nov 9, 2012LOL i got distracted and put the same T/P and entry for my trade, so just entered and exited lolol... just missed a 10 pip move, D: 100$ I am only recently profitable so I can't tell yet... but thus far I am keeping my R:R at about 1:1 ~ 1:2, my win ...
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shellsnail replied Nov 9, 2012My trades are profit of 100-150$ each, keeps me in the game by having small consistent wins. ofcourse I have a longer term position trade open

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shellsnail replied Nov 9, 2012BOOM time to take some cash off the table soon
and wait for retrace to joinTrading EURUSD only
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shellsnail replied Nov 9, 2012judging from price action so far, don't think will reject. sellers have been keeping the pressure on...
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shellsnail replied Nov 9, 2012
I think just watch 3min chart you can tell it's bad for bulls since yesterday morning. the best chance for reversal was during the interest rate meeting, because charts had a triangle formation and a falsebreak out to the downside, which went ...Trading EURUSD only
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shellsnail replied Nov 9, 2012but the market is always right, so if we see prices changing momentum then we want to get long. sellers seem to be letting go some pressure here, might have a reversal coming. bulls lost their chance... losing ground fast. watch for continuation ...
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shellsnail replied Nov 9, 2012yup. you call it H&S, I call it intermediate top. and guess what this drop completes? It makes the previous triangle formation that price broke out upwards become a false breakout, so now we should see a true breakdown of prices soon...
so we ...Trading EURUSD only
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shellsnail replied Nov 9, 2012Price is telling me to be stay short for now though...
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shellsnail replied Nov 9, 2012This might be a 100 pip move that last till noon... watch out.
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shellsnail replied Nov 9, 2012market topping in shorter time frames, in 1HR you see pinbar too.
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shellsnail replied Nov 9, 2012But I guess we all have different views and that's why we have a market.

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shellsnail replied Nov 9, 2012Fib levels fail all the time. Besides this one has been consolidating for ages, normally we will see a clean bounce off a level, not this. Anyway, information overload, I am looking at 3 minute charts and 4HR charts for trades so right now it seems ...
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shellsnail replied Nov 9, 2012Price just got to the other side of the uptrend line, let's see what happen here, last chance for bulls.
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shellsnail replied Nov 9, 2012Last chance for longs to get out I think.. 'breakout' traders are buying the pullback.
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shellsnail replied Nov 8, 2012Indeed price action shows no buying power at all, tiny /no upper wicks.
Trading EURUSD only