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Only margin call may stop me.
Next week XAUUSD trading setup.
for 1285 target, and 1282 reverse.
at 1.3350 we will have a reversal price for 1.3650 retracement.
Long term bull trend starts at 15th of October.
Do not miss it.
I'm going to follow this downtrend channel to short EURUSD this week, trying to short, when the price is higher than this channel.
This trend target is 1.34 for me.
When this trend is broken with reversal pattern, i'm going long.
Serious bear volume tells me, that this baby has a lot of space to rise!
This really looks like a new age currency, doin' some research would be nice.
All genious is simple :)
I have just bought 1.5 lots of USDCHF as two separate positions: 1.0 and 0.5
Buying price: 0.8915 and 0.8916
First target for 1.0 is 1.0000
Second target for 0.5 is 1.1195
Best wishes to those, who agree.
Wish me good luck :-)
Short 1325, expecting gap at monday.
Mid-term target is still 1500, expecting it on 1st of January
Short at 1.3700 for 1.3450 target, 1.3759 is the stop - closed loss (smaller stop)
23 october edition: 1.3788 shorted, 1.38 stop, 1.3400 target
Setup is still in play for me, despite a major up move.
Long: 1.33 - 1.34
Despite many opinions, USDJPY triangle is broken long time ago already, and the 98.60 was the retracement to test it's borders. If this setup is correct, then the best time to sell is NOW at 98.50 price with the target of (holy shit) 90.50!
850 pips are waiting for you right here.
No matter how much is the dive, it is going to be back up.
Forget your losses and take this opportunity to enter a mid-term long position at XAUUSD.
Target: January 2014. Around 1500.
It's a good trade, worth the try even if i am wrong - it looks good.