We would wait than short now !! More upside still there !!
YaKa
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Possible and Random.
If you wait, you may have a better trade or you may misse. that is the tradeoff. No black and white answer to that one.
your 50d ma is great there.
AnbHfund
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Well yup no black & white answer !! But last time it just shot through many key levels ..therefore this time better to wait !! And indicators are still not overbought !!
Euro might just pullback a little and then again go down !! so waiting for eurusd to complete abc correction !!
YaKa
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when it is not black and white, there is no "better":) there is taking a decision and understanding the implications. Last time is last time. Now is now:)
You may be right. I think it has a chance to fall from here. That is it.
YaKa
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To be safe, let's say that the short zone is 11,850/12,50 with a stop on close at 12150.
that is 300pts away stop.. reasonable with this animal moving 250pts a day.
AnbHfund
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lol...euro is moving sharply and so is dax !! Leaks & QE & Not QE - everything going on !!!
YaKa
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brianhimmelstrupnielsen
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coincide with my next target at around 11.111...problem though, that going through that, could open up for 10.000 level.....but i definately see this chart as a possibilty.....good work YaKa.
Brisvegaxe
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break below 11200 opens up test 10000 imo , even under 11300 will be a near thing
We would wait than short now !! More upside still there !!