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    • shiko replied Jul 3, 2009

      Guys, I cannot attach images from my PC cause they are too big. I am trying to Insert image from Imageshack. But cannot do it either. How are you making images small enough to post or may be you use another way?

      No Brainer Trades
    • shiko replied Jul 3, 2009

      It has been said that the longer the price channel, the stronger the breakout will be.///// Cause people get bored ;-) Notice, even with US closed, price already crossed 1.3980 down... I wonder, does it mean that market getting bullish on USD...

      No Brainer Trades
    • shiko replied Jul 3, 2009

      Due to the time spent within the channel, I was expecting the breakout should be large. Nevertheless, today is US holiday and this fact can really explain the weakness of the breakout. cheers./// Yeah, if time did matter ;-) I spent the whole day ...

      No Brainer Trades
    • shiko replied Jul 3, 2009

      kk007, I think it was some minor support around 1.6305-1.6310. If you open 3-4 hours chart, you will see it for yourself. I think, today is Independence day, so, not enough cash flow to break through. I also was waiting it to go in 1.6228-1.6200 ...

      No Brainer Trades
    • shiko replied Jul 3, 2009

      from133.68 with a target of135.32.///// Tori, I understand taking position at 1.33.68. Good support, but why 135.32 is a target? I see there is heavy resistance along 134.90-135.15. Wouldn't it better to set target a little bit lower before this ...

      No Brainer Trades
    • shiko replied Jul 3, 2009

      It looks like there is such a thing like overwaiting. I was looking to go long on E/U at 1.3980. Later, I decided since price was playing around too close for too long, I set order on the next level I was thinking was good. 1.4065. ok. It seems ...

      No Brainer Trades
    • shiko replied Jul 1, 2009

      Ironman, do weekly and monthly lows highs have significance in itself for this strategy without seeing it repeated in the past? There is not much history actually, but there is monthly repeat of one of those resistances in 1994.

      No Brainer Trades
    • shiko replied Jul 1, 2009

      I want to short E/Y too. 1.3686-1.3700 seems like a good candidate if price reaches there, but it is only after news pass. It looks like last summer/ fall volatility is back. so, it is better to be careful.

      No Brainer Trades
    • shiko replied Jul 1, 2009

      Had an order on Eur/Jpy at 1.3597. It probably again missed 1 pip. I got up to check noticed it and the price moved already to 1.3587. I canceled the order. What people think of going short on Eur/ Jpy at 136.86-137.00?

      No Brainer Trades