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ES traders have no idea what is coming next. They are at a point where they lost their orientation. For the men who know better, it may be time to start the slaugther of the herd.

Have considered that you might be wrong about your prediction about the dollar, and what effects would that have on your plans?

ES traders have no idea what is coming next.

7:25AM: EUR/USD touched 1.3225. 120PIPS in the green! Asia session traders got the shaft. Thanks for the best wishes guys. I won this battle. Nailing the top: priceless :p

http://www.elitetrader.com/vb/showthread.php?s=&threadid=162775

Buyers at 1.3312 did indeed run the price. Pair should stop its run up at around 1.3331. I sold. I am looking for trouble :-)

Thanks. I think you are an expert. You got the right prices to watch for. Not everyone knows what you know. I think you will win. I am taking the risk so that people like you make the easier money :p Cheers!

Slacker: If you use 15-minutes lower highs, how do you deal with buyers who may push price to retest todays' high? they may get you out of your position if youystop is below the high of today? My models tell me to expect them at around 1.3312. R U in now? 12:10AM: it is now at 1.3313...

Thanks. Reason is that I have a propriety model telling me that a top is imminent on that pair. I could have waited for the last entry, but it needed presence in order not to miss. I was lucky to be watching on second visit to top, because I have refined models that tell me when a top is a...

Thanks guys for all the info. Here is the update: EUR/USD is now at 1.3322. Since I added on second visit of the top, I will take that off, and bring back the position to where I first added on first visit to today's top. I have therefore takeN 20ish pips profitS (on half), and my cost...

I started an experiment this year with $29. It is now close to $100. What they write is bullshit, as it depends on minimum size you can trade. Once it reaches $100, I plan to possibly start a thread so to show progress for people as people can afford to start with $100 to learn. If you never...

11:22PM: it is revisiting the top. I decided to add more, with a tight stop on what I am adding.

Thanks for the info. As always, you have great insight!

That is what I did so far.

How sure are you that it will test 1.34?

What if it does not go there?

11:04PM: I just added to position. EUR/USD is now at 1.3346. I complete half of normal size. The second half is planned for higher if it goes up. 1.3434 is the point of complete size. If it goes higher than 1.3434, I will either add more, or stop and wait for it to stop rising.

9:29PM: eur/usd just touched 1.330. I am starting the selling. Why you do not write what you think? Do not be scared. There is no problem to cast your point of view.

I am about to start the selling. EUR/USD is in 1.3330 area. Who is on the other side? EUR/USD: Down Leg (May 3, 2009) 9:13PM. See you at the bottom. What do you think?

bullshit