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BillyRayVal replied May 23, 2008I know I've scalped that resistance line twice now and was waiting for the break. Obstacles annoy me
. Frustrating day so far. Nothing major going on.No Brainer Trades
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BillyRayVal replied May 23, 2008I know ex the news I'm looking for a long dollar day but this pullback is still on across the board so I'm waiting for now.
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BillyRayVal replied May 23, 2008Nope, none. Anything is possible. Its selling hard though so I just closed my trade for only a couple pips. Could be premature but I dont like how its acting. I dont want to be part of a bloodbath today. Its Friday.
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BillyRayVal replied May 23, 2008Yeah JPY just bounced on the lower level at 103.45....oh well. I actually missed that mark. So I got in a little too early but still in profit. Sometimes you have to just go for it, and if you get a push just get rid of it (but not too early, ...
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BillyRayVal replied May 23, 2008Looking to buy USDJPY at 103.63 to 103.55. Not an official post here but I'm just bored.
Maybe EUR/JPY at 163.00 - 162.90 for a scalp long. USD/CAD looks like its about to close above solid resistance for a long. Watch out for the diagonal ...No Brainer Trades
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BillyRayVal replied May 23, 2008By the way I was looking to go long EUR/CHF at those lows to form a double-bottom around 1.6165. I think it should stretch down there. Any thoughts?
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BillyRayVal replied May 23, 2008There was actually more s/r around 0.9579. Got an hourly close above it, go long. Catch the reversal sign at 0.9616. Go short. Its like playing pong all day long.
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BillyRayVal replied May 23, 2008Yeah I'm actually shorting it right now off that level. Looking for .9512 or so. Good catch.
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BillyRayVal replied May 23, 2008So here's what I came up with short term. You're right, 1.9736 should see some sort of reaction. In a perfect world, I'm looking for a pullback to that zone and then up to 1.9879 to 1.9890 before a bigger-sized selloff. But, we'll see. Its in a ...
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BillyRayVal replied May 23, 2008I'll be honest my GBP chart is a total mess right now. So many levels around there, trying to filter out the best ones. Keep you posted.
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BillyRayVal replied May 23, 2008Also, due to yesterday's correction, my hopes are mixed on the size of the move on this trade, if it swings back at all. My conviction decreased a little because of this. On the move up for this trade, please also keep you eyes on 1.5895 to 1.5903. ...
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BillyRayVal replied May 23, 2008Short USD/CHF 1.0424 - 1.0431 Here's a good one. Historically strong both up and down, and would coincide with a .50 retracement if price can get up there. Everyone looking at a daily chart will be able to see this. By the way in case you haven't ...
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BillyRayVal replied May 22, 2008Thats okay......short at 164.70 - 164.90 I said that it was just bouncing off of the 163.85 right now. If you take a look at the posted chart it might clear things up. Sorry for the typo good catch Money-RX.
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BillyRayVal replied May 22, 2008Yeah I agree....I'm looking for a close above 100.04 and a push into that 100.40 area for a sell. Stepping out for 1hr be back soon.
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BillyRayVal replied May 22, 2008Short EUR/JPY 164.70 - 164.90 This is a wider range, but typically in situations like this price tends to bounce off of the lower level. Dont ask me why, that's just the way it goes. Note that the higher one has shown more significance long term. ...
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BillyRayVal replied May 22, 2008If it goes any higher looks for sells around 104.66 area. On the way back down there might be some buying pressure at 103.60. Its going to need a good push to get it down there though. Market is mixed for today, and its coming Friday, so the session ...
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BillyRayVal replied May 22, 2008This thing has been going for days with +390 pips on it if you were looking for the move up. We're gonna start calling you the "Bottom Catcher" pamelomarcos.
Nice call.No Brainer Trades