I got this on actionforex.com whilst viewing some pivot charts.

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There you go mate. Long from 94.24.

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I dunno mate, either way suits me, just waiting for the US consumer confidence data release to see if that triggers anything.

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Heads up, UJ potential breakout imminent.

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Does anyone use EW analysis as part of their trading strategy? Just wondering what the analysis would be on a daily chart from the low of 1.2041 on July 24 2012. I suppose my question really is would you consider we are on W4 of a larger bull move ...

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Well, my short is now in profit and it looks like it may be about to test the weekly support once more. Looking for that final break below 1.2950.

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My current medium term trading plan for this pair, although I am currently short from 1.2995 but with no real conviction. On the weekly chart, price has hit the LTL of the rising trend channel and has failed to penetrate the weekly support level and ...

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Closed my earlier long trades after another failure to break the daily PP. Betcha it goes and makes me look stupid now.

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Long @ 1.2995 from Friday when it bounced off previous weekly support level. Further upswing has been rejected several times @ daily PP on 30 min chart. Holding to see if there is another attempt at this level.

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Hi BV, I consider myself to be unqualified to make any trade recommendations in this forum. However, having read all your recent posts, I felt I had to respond to some of your comments. As a newcomer to forex trading, I think it is unfair to class ...

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Taken profits on my long positions pre-nfp. The pair has risen over 400 pips on this last bull leg and over 650 pips since 4th Jan without a significant retracement: thinking it needs to let off some steam now.

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Still holding medium-term long stance and waiting for the possible test of the previous resistance levels at 1.3485/90. These are key levels above current price on my daily chart: 1.3485 = Feb 2012 high. 1.3490 = 50% fib retracement of the major ...

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Cheeky bugger. Anyway, there's not much to say about this pair, really. Except maybe dull, uninteresting, long periods of consolidation (take past 2 weeks for example). Other than that, 6 green months. Happy pips to all.

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So, Friday before Christmas, for most of the working classes this is it, last day of work, office parties, pissups etc. My guess is funs over 'til new year. Adios.

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Well, like I said earlier I closed my longs, glad I did now cos I did not like the look of that Tuesday daily bar, like a nail up the ass. Still primarily looking to the upside though, 1.3385 on my radar first.

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Tidy.

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Under 1.32 then where you think?

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S from 3225, hope this goes some.

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What I see chartwise, retest of ltl on 30 min.

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Maybe they see that unusual star suddenly appeared in the east...

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