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e/u at 1.4695. I am trying short side using reduced reduced size. Update: e/u at 1.4689. taking some profits to cover for cost of stops and make a small profit on remaining.

Yes you can call me TJ, and even shorter than that if it can save you time.:) Thanks for the very detailed analysis. You and Viper seem to be very patient. I have to work on the patience part. Best to you and to Viper, and I plan to keep an eye on this thread.

Tried my luck on short side at 14682. I hate losses, so I plan to put a stop (maybe one pip) in the green. update: stopped at 14681. +1pip. I would hate it if it later goes down after stopping me.

If it is going to sell, is it going to do it before kissing 1.47ish? I find it hard to wait for it to reach decision levels. It is now at 1.4682, and my finger is itching to sell, but I am afraid that they hit the stops, and it heads higher. I am also concerned that it goes down without me.

Does any one know if there is scheduled news coming later today or tomorrow? What the chances of a revisit to 1.45 in next 24 hours or so?

Net: +546pips Cumulative gains: 569pips. Cumulative losses: 23pips Number of trades:19 Number of trades with gain:18 Number of trades with loss: 1

I am tired of waiting for these buyers to go away or to make their move. I wanted to sell at 1.4699, but the idiots stopped pushing it up as soon it was 6 pips away from 1.4699-- the top so far is 1.4693. It is now at 1.4677. I wonder whether I should just starting playing the short side, and...

it was a good upmove overnight. I am out of long. e/u now at 1.4680. I was to try the short side, but I want it to go higher if i does and I do not have the appetite yet to take risk. Maybe I need an appetizer.

You are patient with gains- a quality. If there is a rise to 1.47ish, then a "deep" retreat to the 1.4330 area, would you hold through it?

Thanks for the response. I went long. I was not expecting much (around 25 pips before Asia). I am however not patient, will just take some of the profits (between 15 and 20 current). If asia brings it down, and if an upmove is detected, then I might go back in. My guess is that some people...

I did not follow your journal, but from a quick glance isn't your position flat/box? If yes, what is the aim (arb/etc?)?

e/u at 1.4560. What would be your opinion about it for next 12 to 24 hours?

Is (2*SQRT(2)-1) the correct answer?

I wish you well. Which forex pair/pairs do you trade?

Could one ask if there is a way to charge advertisers who post on this thread?

The 1-minute bar at 11:35AM is 10 pips tall (low is 1.4615 and high 1.4625): could the traders be asking something like: is the bar a fingerlike sign to those who may have bought at the top of it, or is it a bullish sign?:)

Hi SM. Let me try it again. Let me assume that a hypothetical trader expects a pair to make a move of a certain number of pips in 4 days. So s/he may ask: what is the maximum s/he can expect to make (in comparision to trading the 4 days) if s/he tries to capture the move of the first 2 days, the...

e/u at 1.4619: could the earlier bulls thinking now be: the area of 1.4620 to 1.4625 was a resistance a couple hours go, so could they be asking something like whether it would be sensible to take their profits and wait to see whether Mr. price would clear the hurdle?

E/U: could now the thinking of the earlier bulls be something like: "now that it has risen, it may be sensible to move the stops higher such that to secure profits and give it some little room to mvoe around?

Now E/U at 1.4607. Could the thinking of the bulls who entered at 1.4596 be something like: if we take 11 pips profit on half the position and keep stops on rest as initially planned, is there a risk to the overall trade? Update: by the time the post was finished being typed, E/U is at...