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- Dazzer replied Apr 30, 2010
We have another "effort to move up" bar on that previous M30. Thats the pros pushing it up for whatever reason. Its always significant IMHO. Dazzer
- Dazzer replied Apr 29, 2010
This is what I'm seeing, clear weakness at the green thin line which happens to be 38 fib from Monday's high. We'll soon find out Dazzer
- Dazzer replied Apr 29, 2010
Careful with the shorts if we break R1. The last H4 closed very bullish and the attached s&r lines are still in play (unlike the aforementioned H&S). Dazzer
- Dazzer replied Apr 29, 2010
Agreed Malcolm. I think we'll go up to the upper res line and then maybe a revisit of the lows. Dazzer
- Dazzer replied Apr 29, 2010
Good morning traders, Thought I'd post an H4 chart. It looks like we could be at some strong support (or not). Just had a little try to break the line and then an aggressive bounce back up. Could be testing. Good luck to all, Dazzer
- Dazzer replied Apr 27, 2010
H4 — The PA has been wallowing at the support level which can be best shown on the H4. We may see a run up to yesterday's low at around 1.5370. Dazzer
- Dazzer replied Apr 27, 2010
If I was long, I'd cash in if the volume stays where it is. Low volume on wide spreads indicates that the smart money is not participating. If in 7 mins time the volume increases, I may consider buying. Dazzer
- Dazzer replied Mar 8, 2010
Not before it hits MR1. I got a long still running from Friday morning and I'll short at the high traffic area at MR1. But lets see, we all know anything can happen. Dazzer
- Dazzer replied Oct 14, 2009
Hayseed, Thanks a lot for your reply. I will try to clarify the following points: I always have 2 trades running on the same pair at the same entry price. I always place orders and wait for them to be hit. I hardly ever use instant execution do you ...
- Dazzer replied Aug 26, 2009
An interesting point you have. Look at the possible resistance here.
- Dazzer replied Aug 20, 2009
The last 4 hour bar is a shooting star with high of the week, so it looks bearish again. However, it seems we've broken that upper trendline, so I'll just manage open positions until something happens. Anything can happen on friday as trades get ...
- Dazzer replied Aug 18, 2009
Also resistance here. Forget thursdays/fridays highs due to the news. If PA was meant to be there, then it still would be, or perhaps even higher. I think we've hit some resistance and we'll head back down shortly, or maybe thats just hope after I ...
- Dazzer replied Aug 18, 2009
Price bounced off that 200sma this morning and at the moment its trying to break again. Next resistance level is around 1.42 Dazzer
- Dazzer replied Aug 17, 2009
Dailies — Trend line finally broken if we range at these levels. We need to close below 1.4010 and then she'll drop like a stone right the way down to 1.3850 which is logically the next support level. Dazzer
- Dazzer replied Aug 14, 2009
H4 — Just an hour left till the close of this bar. Looks like we're still trapped. Maybe the big spike up was to suck in the bulls. Just about ready for a run back down. Dazzer
- Dazzer replied Aug 14, 2009
Also fib H4 — Look at this one.. I added the fib, see pa at 61.8. I expect a breakout soon. Dazzer
- Dazzer replied Aug 14, 2009
H4 — This next bar should decide the direction for the rest of the day. Watch the news in 2 and a half hours time. Anyone else noticed this pattern? Dazzer
- Dazzer replied Aug 12, 2009
Possibly. Hammer just closed on the H4 at 11:00 GMT..
- Dazzer replied Jun 30, 2009
EURGBP — Unbelievable. TP1 (at the green line) missed by HALF A PIP!!!! Then price bounced back up.
- Dazzer replied Jun 29, 2009
EURGBP orders filled — Sell orders filled this morning at friday's low 0.85028. This is by the red arrow by point A. SL at red dashed line and TP1 at green line. Very pleased with the way things have been over the last month. This pair has ...