It was too tight - got busted.

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I'm probably early here but I'm long here: image

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Me too!

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Hey do you know the TF for that? Personally I'm not buying into the doom and gloom stuff this time around - burned too many times.

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I just wanted to say thank you to all who post their thoughts because there are so many different trading plans based on time - 15 min up to weekly. It's just refreshing to see trading discussions and no bickering/crap. Have a great day/weekend for ...

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image I've been on the wrong side of EU for the past week - I've been expecting the Bulls to run up but alas.... Taking a very small long here at 1.1767 for a short retracement up to the 1.820 level (38% fib on the hourly).

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Just wondering why you think that would have any effect on EU?

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Nicely done!

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It looks like 1.1850 is where EU will stop for the day - after that....

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When you mentioned you were buying the dips I'm curious as to how many pips you consider a "dip"? As I write EU is at 1.197X. Would you have buy orders at 1.1942 or do you just watch and purchase manually? I'm curious and forgive me if I'm asking to ...

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I understand what you did and frankly you got lucky. I've done that in the past with FXCM and the fills were terrible and I lost so much $ trying to get in ahead of the crowd. Discipline yourself NOT to do that in the future it just triggers a ...

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Of course they are - it WAS expected! This is nothing more than a buy the dip opportunity. EU will likely be range-bound between 1.1920 and 1.1980 until the FOMC. I am currently long and playing the range. image Edited: 3:30 pm I was wrong! Lost ...

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Tony, pretty colors but please excuse my ignorance - what am I looking at?

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Does anyone know when the time changes for Europe? It springs forward here in USA this Sunday night.

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It would "seem" that the market is just consolidating before breaking out and maybe Powell's speech will be the spark that lights the fire - However, I don't believe that he has anything to say that would move the market in either direction. Powell ...

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REALLY? Please tell me why the USD should increase in value? It's a risk on situation and EUR/USD is a proxy for risk on.

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Exactly! That's what happened with QE1 et. al., China is currently on the outs with the USA and it's cut back on buying US bonds. Other of the BRIC countries can do the same. Without the FED to step in and purchase the bonds the yields have to rise ...

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image I was able to get some profit on the earlier shorts. Now it's time to go long as indicated on the hourly. I believe we are in wave 3 and the pitchfork is working well image

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So as the London session closes I feel that EU is at a crossroads for the day/week. I want to short (I've got a small one on) for a fall to 1.2150 level but I can make a case for long on a break above 1.2240.... image So it's time to just pack it ...

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I guess this is what you are looking for at 1.2119? image

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