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PokerPlayer Feb 26, 2012 6:05am | Post# 600046

Next week will probably be one of the most crucial weeks in last few months for E/U...Even for scalpers like me, this is a place where you should seriously consider opening a medium-long term position. We are heading towards a few super-dooper important levels (as for Monday):

1) 1.3525 - this is a level where PA meets a TL connecting two major lows, Jun 2010 and Oct 2011, it acted as support before being broken south, now it could do the same service as a powerful resistance

2) 1.3550 - this is a level where PA meets the top of its rising channel...
Cracking Analysis

mohan76 Feb 26, 2012 6:16am | Post# 600047

Updated with Dollar Index overview

Monthly Chart - BULLISH

1) We have a primary uptrend from 01.02.2002 wich was recently confirmed at 01.01.2012 (3rd trendline touch and reverse).

2) We also have a hammer candle in a good spot, at the bottom of the range from 1.4607 - 1.2662 and it was confirmed by a higher monthly close,
this means buy.

3) The current correction (1.2635 - 1.3486) is a intermediary trend (30+ days) and is impulsive for the 2002 primary uptrend and corrective for the latest primary downtrend (1.6038 - 1.4548) trend...
but you have posted this before any specific reason to post again after 18 hours ?.

Forex Jesus Feb 26, 2012 6:25am | Post# 600048

there are no problem..jsut combine it to be FATA(fundies+technical)..hehehe
But it's my serious problem really , I think Fund. analysis are better suit to long term trades rather than daily ones. it seems that your are skilled in fundamental , Am i right in your view?

andrehughes Feb 26, 2012 6:30am | Post# 600049

but you have posted this before any specific reason to post again after 18 hours ?.
Updated the whole analysis with Dollar Index and a few other things in the text.

KillerWhale Feb 26, 2012 6:58am | Post# 600050

I rely on geppy myself to earn me some pippers, where are you heading?

I reckon .272 area?
You'll find everything here

http://www.forexfactory.com/showthre...=1#post5420185

andrehughes Feb 26, 2012 7:00am | Post# 600051

Dollar Index H1 27.02.2011
 
1 Attachment(s)
H1
Fibo 50 of this wave down is the neckline on the Daily/H4 H&S.
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krunfx Feb 26, 2012 7:04am | Post# 600052

But it's my serious problem really , I think Fund. analysis are better suit to long term trades rather than daily ones. it seems that your are skilled in fundamental , Am i right in your view?
in forex we must master MARKET MOVE (with FATA) BASE ON INTERMARKET ANALYSIS++INVESTOR & MARKET BEHAVIOR !!!!!

hehehehe

halkins Feb 26, 2012 7:21am | Post# 600053

Updated with Dollar Index overview (...)
Very nice, thorough and professional analysis
Think, I need to add you to my "buddy list"...
Cheersssss

Forex Jesus Feb 26, 2012 7:29am | Post# 600054

in forex we must master MARKET MOVE (with FATA) BASE ON INTERMARKET ANALYSIS++INVESTOR & MARKET BEHAVIOR !!!!!

hehehehe
You r right , but in daily trading , traders look forward about ~100pips , when the Fund. approves some pairs to soar , more than 100pip upward move for that is not a unusual move, that's the reason i told about Fund is more suit to long terms trading with more than 300,400pip move expect.
i'll be grateful to know your ideas.

leo1286 Feb 26, 2012 8:12am | Post# 600055

2 Attachment(s)
In my opinion, i hope EUR/ USD would reach the 61.8 level or higher at the end of this weekend.
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Forex-novice Feb 26, 2012 8:20am | Post# 600056

we have people saying bull, we have people saying bear. Everyone wants the market to go their direction so they can profit .


This will be a very interesting week

robert7 Feb 26, 2012 8:26am | Post# 600057

Ok, I got kicked off my 3474 short on BE on Friday because of one last stupid spike...Whatever, shit happens. Nasty weather outside, so I put together this simple weekend analysis especially for noobs here, pros are well aware of these simple facts.

Next week will probably be one of the most crucial weeks in last few months for E/U...Even for scalpers like me, this is a place where you should seriously consider opening a medium-long term position. We are heading towards a few super-dooper important levels (as for Monday):

1) 1.3525 - this is a...
"Ok, I got kicked off my 3474 short on BE on Friday because of one last stupid spike...Whatever, shit happens....."


I am most impressed and made me to calm down for the highlighted fact, rest of things I don't understand. even the most experienced trader can't escape from bad trap. therefore the more the mistakes are shared by experienced traders, we noob will get motivated, confident, even after many silly mistakes we do commit.

KillerWhale Feb 26, 2012 9:04am | Post# 600058

This week, looking for a bit of pull back (1.3380 would be nice)
Then: maybe 1.36x

But at the same time I'm keeping in mind: big drop is coming, sooner or later!

leo1286 Feb 26, 2012 9:13am | Post# 600059

This week, looking for a bit of pull back (1.3380 would be nice)
Then: maybe 1.36x

But at the same time I'm keeping in mind: big drop is coming, sooner or later!
I totally agree with you

Light Yagami Feb 26, 2012 9:15am | Post# 600060

In my opinion, i hope EUR/ USD would reach the 61.8 level or higher at the end of this weekend.
Which indicators are you using in your second mt4 chart?
I would like to check them out


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