Comment by Peter jcp on October 11, 2012 at 8:38pm

Hi Vitor  - I can you have sold the EU and got in near the top for today. On your chart you have marked the new fib levels from this latest up rally and also drawn a new up trend line from the low to the HL.  A few questions -

1. What are your targets ?

2. Are you expecting any fall to break under the 50% Fib and the trend line? 

3. If not do you think the 38% and the 2900-06 are might hold?

4. Wheres you stop - 10 pips above your red down trend line - or over 2980?

i am with you scalping but see many supports still above 2900 - so only carry on selling if they are broken.

Good luck with your trade

Regards 

Peter

Comment by Vitor Barbosa on October 11, 2012 at 9:03pm

Hi Peter - when i start this trade i see one oportunity to sclap short, after the rejection (1.2951).

First i´m tinking it could touch, my TP 1.2909. I Start the trade with a SL at 2955 changed to 2942 (where i sell it). But at this moment i´m not sure it could go for my TP. I will wait, to see how Asia will react !!   

Comment by Vitor Barbosa on October 11, 2012 at 11:56pm

Closed Short on AUD from 1.0280 at 1.0250 for 30 pips Closed short on EUR from 1.2942 at 1.2930 for 12 pips.

 

Comment by paul chijioke okeke on October 12, 2012 at 3:25am

Hi SIR P, currently now on AUD do you think it will 0310?thx

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