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  #61530  
Old Apr 22, 2010 5:00am
g_j_hook@yah's Avatar
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i was watching both gb/chf and the eu/gb which was printing a nice BUOB untill the news, lol, i wasnt aware of it untill the spike happened...i was like ...WTF!! lol

why, with the bad numbers, did /does price drop!?? eu/gb dropped 19 pips in 3 seconds!??

jon

would stil like that buob though...??
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  #61533  
Old Apr 22, 2010 5:22am
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Quote:
Originally Posted by jarroo View Post
Why did Price drop? Because everyone thought they would rise? Who knows? lol
lol....maybe they thought there were gonna be even worse!!???

bah...hum bug!! lol

jon
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  #61534  
Old Apr 22, 2010 5:23am
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new lows, the bears are def. in comand here???
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  #61628  
Old Apr 23, 2010 5:05am
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au/us just printad a decent pin, 4h TF . PPZ 50%fib RN....


jon
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  #61783  
Old Apr 25, 2010 8:55am
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Quote:
Originally Posted by Oskar View Post
It's my first post, I'm newbie, have been following the thread for 6 months. I would like to thank to all of you for your contribution to the thread. J16 group clearly opened my eyes. I do what you told me to do, hoping that I will not blow another real account again (demo now).
I'm confused about trading away from PPZ and taking the trade using PA at PPZ, it seems opposite to me, would you please clarify that. Thanks again.
hi Oskar, and welcome to the thread. What is meant by that if i understand the question properly?? is that we are looking for PA at a PPZ to trade away from it, so if price is trending up but comes to a strong PPZ we would be looking for PA to shows a reversal/retrace at that price level. What we dont want is PA that sets up a trade running INTO the PPZ from a price nearby. or another method is to look for PA on a retrace after price has broken through a strong PPZ and prints a pin or beob or whatever to show that price is gonna contiunue in the direction of the break.
hope this clears it up a little.

jon
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