PA, S/R, ZL, EXTREMES & MOMO

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StillFX
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Postby StillFX » Thu Feb 24, 2011 10:18 am

Why long @93 ?

I see nothing. No MOMO no Zline/MZ only an old old Resistance line from 01.02.2011 ?

Maybe u can post an Chart with ur entry ?

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FXfreak
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Postby FXfreak » Thu Feb 24, 2011 10:32 am

long at 93 because 87 was support, i was late. the idea was to get price over 00. look to the left and you will see supply-area. i think this is the target for the price. we reached that area and now i look for short.

FXfreak
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Postby FXfreak » Thu Feb 24, 2011 11:21 am

m5 demand-area. anybody interested in longs? :-)

we have zline d1 and mightyzones on lower timeframes above 38. but on the other side we had a strong move to that region with a lot of momentum. right now i have no idea where market wants to go to.

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ajaymein
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Postby ajaymein » Thu Feb 24, 2011 1:22 pm

There is a nice long setup if you have that guts/stomach to handle the crazy news movements that's about to happen...

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ajaymein
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Postby ajaymein » Thu Feb 24, 2011 1:24 pm

A good target would be say 3850 maybe?

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ajaymein
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Postby ajaymein » Thu Feb 24, 2011 1:35 pm

Noope, US data was too good!

FXfreak
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Postby FXfreak » Thu Feb 24, 2011 1:38 pm

long 67

FXfreak
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Postby FXfreak » Thu Feb 24, 2011 1:39 pm

very bad entry...

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ajaymein
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Postby ajaymein » Thu Feb 24, 2011 1:54 pm

Looks good actually now with that semi pin bar on 15m and this could be momo 15m bar.

Man if EUR keeps gaining this session, USD is in huge trouble bc that would be 2 days in a row that good US data didn't do s**t for the dollar.

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Postby FXfreak » Thu Feb 24, 2011 1:54 pm

market orders with metatrader is not the best idea. it takes a lot of time before the order goes through the system. i costed me some pips...

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