Under 3520-35 longs are shaky..

Using 8 hrs and if for today we are not closing higher to 3520-30 I think we in for a deeper retrace lower.. 8 hrs not at all preferring longs atleast not from around here and I have small 3466 kicked in.. Not gonna wait too long on them, but if we head higher to 3510-15 would be willing to try shorts out.. Various lvl of correction point ending but 3190-3200 seems to be the best highlighted here..
Will find out..

Gl...

1 member likes this

Comment by Tahir Khan on February 5, 2013 at 7:47am: quick to bank 12 pips and loner stop now -2.. EJ showing a move down to 123.74-75 and I think euro will decline some more.....

GL...

Comment by Tahir Khan on February 5, 2013 at 9:03am: Missed EJ but went long 124.66, hoping to see a 125.66 print..and possibly reversing there.
EURO 30 mins 3515-16 test done.. 4 hrs to 3532-36 and EJ can print that 125.66 hopefully..
EURO re-longed after been stopped out.. will short regardless into 3530ish... hedge more likely..
EJ 4hrs though coming up on supp at 125.40-42 inline with 3530ish on euro..

GL..

Comment by Tahir Khan on February 5, 2013 at 9:57am: EUR possible top around 3566

With 4 hr 3533-35 vaulted we can retrace down to 3512-15 b4 next leg up to 3566.. Extreme north 3590ish..
Under to 3507-10 back to where we started in the EU session..
Inshort T4 touch then possibly higher to T6..

GL..

Comment by Tahir Khan on February 5, 2013 at 12:00pm: EJ - 126.95-99 / EU 3595 attractive lvls

BOJ to drop the bomb later on..
I think EJ can easily extend the range higher to closer to 127...
EUro could be pulled higher due to EJ surge..
T6 on EJ or 126.97-127.03 is Xtreme north range on my charts..
For some reasons my 30 mins is playing rather better than bigger time frames... Also it seems to be hitting back at the exact breakout lvls it has taken on the way down and the same to climb back higher..

Take it as a food for thought............
Last post and done for the day.. Immensely good days thnx to EJ longs.. Well euro did it's part as well..

GL..

Comment by Tahir Khan on February 5, 2013 at 5:43pm: Game Set Match.. Best Day so far for this yr.. I missed my EJ shorts by 2 pips but I ain't complaining. Euro longs 3466 and 3515 added went all the way.. Just closing 3517 out.. EJ 124.66 and added 125.41 rode it with later meeting limit at 126.81 ..124.66 on hold.. G short 5798 and 150+ on it so far, though I had a long hedge on it from 5772 stopped out for 45 pips.. I figure either this way or the other way.. No complaints and I only wish if every other day if not everyday could be like this.. GL...

Comment