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plan-b replied Apr 1, 2010It's only academic for me now as my targets are much higher Stay close to your screen, small failure/retrace will be around 1.3625 before it heads to 1.38, 1.43, 1.48 (with retraces) .
EURUSD
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plan-b replied Apr 1, 2010Good place to buy Enter small here and another one at 1.34(if it goes that far) stop below 1.338 target 1.36 .
EURUSD
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plan-b replied Apr 1, 2010Might rally for a failure at 1.3625 area After that a fall might bounce at 1.34-1.3440 area and takes it towards 1.38 image
EURUSD
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plan-b replied Apr 1, 2010I don't have a crystal ball but that stop might be hit before the targets on this one.....or not I think if 1.338-1.345 area holds as support eyes should be set on how it will react around 1.3620-1.3650 area A break out there and it's hello 1.38 IMO ...
EURUSD
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plan-b replied Apr 1, 2010Well, March closed above 1.35 This thing can go back to mid 1.32 and it won't matter I will still buy it .
EURUSD
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plan-b replied Mar 31, 2010I would be surprised if a week closed below 1.3350 looks like it's heading to 1.38(and maybe beyond) but the month candle would inspire more confidence if it closed around 1.36 image
EURUSD
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plan-b replied Mar 31, 2010I know it would give me a semi for sure A close above 1.3840(in near future) would be the wet dream .
EURUSD
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plan-b replied Mar 30, 2010Don't know about dojis but any close above 1.362 will suit me just fine Check out nov 2008 and feb 2009
EURUSD
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plan-b replied Mar 30, 2010The month still has a few sessions to go And the distance between here and a very bullish close is less than a 100 points which is less than the ATR
EURUSD
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plan-b replied Mar 30, 2010It may not happen soon but if that upper falling tl holds i may take a small short at around 1.07-1.08 targeting parity against 1.09-1.1 risk The only problem with that scenario is SNB image
EURUSD
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plan-b replied Mar 30, 2010I don't follow that pair but barring SNB intervention a daily close below that level is more proof that dollar is due for a very big smack down
EURUSD
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plan-b replied Mar 30, 2010It doesn't travel in one direction, especially in lower charts. Short term longs would have booked profit on failure at resistance It might go back down a bit, before 1.36 then down, 1.38 then down etc When in doubt open a monthly chart, anything ...
EURUSD
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plan-b replied Mar 30, 2010Buy dips Sell rallies Better yet trade in one direction on a larger TF I have longs between 1.33-1.34, average now at 1.335 targeting 1.38 and above Weekly chart starts in the lower left corner(mine is from Jan 2006) and seems to be heading towards ...
EURUSD
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plan-b replied Mar 30, 2010It might unwind a bit towards 1.34-1.345 area before the push up or not.. It's a cycle in the lower charts but in the higher TF's 1.38 is almost certain and that is the horse i'm backing
EURUSD
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plan-b replied Mar 30, 2010Done. Focus now shifts to the march candle, if it closes above 1.3620 there will be between 500-1000 pips north in April
EURUSD