Home
Search Forums
Keywords:
Search Titles Only
User Name:
Exact Match
Show Results As:
Advanced Options
Reply
 
Thread Tools Search this Thread
  #206746  
Old Nov 3, 2009 3:54pm
rgitt05's Avatar
KABOOM SEEKER
 
Member Since Oct 2005
Default

It sure ranging 146.40< X < 148.50

Downside is my TP now at 146.40 unless something change



Quote:
Originally Posted by malcolmb14 View Post
1 hr is moving 2 octaves of MML...

147 to upper limit 148.60

seems we have bear volume divergence on this last up move ...

NOT predicting anything as market has been ranging . but look interesting for move to bottom of range channel at 147

Attachment 353619
Attached Thumbnails
Click image for larger version

Name:	ranging.gif
Views:	35
Size:	27.6 KB
ID:	353627    
__________________
It's Not WHAT You Think, it's what on the charts. "Simplicity is the key to becoming a successful forex trader - not complicated trading systems"
Reply With Quote
Strong Conviction Gold
 
  #206747  
Old Nov 3, 2009 3:54pm
Member
 
Member Since May 2009
Default

Quote:
Originally Posted by No Stress View Post
Volume divergence also In 1Hr EU. Strange. An other descent of EU will bring to limit daily support. Are we going to bearish? Difficult to say it when daily support is concerned!
well, I'm done bearish for EU.. if you look at daily, we are currently in a range. Currently, I am neutral however I might take long position at the support.. If that support break, I might be bearish again until then I will test my luck (this is because no confirmation yet as it being bullish)
Reply With Quote
  #206748  
Old Nov 3, 2009 4:17pm
Trader
 
Member Since Nov 2006
Default

Quote:
Originally Posted by mktjong View Post
Looks like a sell at 148.50 area .. is it ???
But the chart still bullish
__________________
Follow the trend is The Key -
Reply With Quote
  #206749  
Old Nov 3, 2009 4:43pm
pino2's Avatar
Trend is not my friend
 
Member Since Jun 2006
Default

Quote:
Originally Posted by mktjong View Post
But the chart still bullish
It is still bullshit
Reply With Quote
  #206750  
Old Nov 3, 2009 4:47pm
naatha's Avatar
Member
 
Member Since Jan 2008
3 Vouchers  336 Posts
Default gj30m

BOOM, BOOM, KABOOM!
Attached Images
 

Last edited by naatha, Nov 3, 2009 4:49pm Reason: LoooL
Reply With Quote
  #206751  
Old Nov 3, 2009 4:54pm
Eulogy's Avatar
R.I.P. Dearest Grandfather
 
Member Since Jun 2008
Default

Quote:
Originally Posted by naatha View Post
BOOM, BOOM, KABOOM!
you have an automatic mirror on your computer or something? Why is every one of your pictures back to front, and now additionally, upside down as well????
__________________
I'm not promoting US financial Armageddon.
I'm predicting US financial reality
Reply With Quote
Strong Conviction GBP/JPY
Strong Conviction EUR/JPY
 
  #206752  
Old Nov 3, 2009 5:12pm
Member
 
Member Since May 2009
Default

Quote:
Originally Posted by Eulogy View Post
you have an automatic mirror on your computer or something? Why is every one of your pictures back to front, and now additionally, upside down as well????
I think he solved the problem on how price should be going. Now, if you have a bias, let's say a DT, and price keep moving up.. what you should do? Just turn your monitor upside down or have the computer turn the image upside down and wallaa.. you have a kaboom.. See.. how simple..
Reply With Quote
  #206753  
Old Nov 3, 2009 5:20pm
Eulogy's Avatar
R.I.P. Dearest Grandfather
 
Member Since Jun 2008
Default

Quote:
Originally Posted by A-speculator View Post
I think he solved the problem on how price should be going. Now, if you have a bias, let's say a DT, and price keep moving up.. what you should do? Just turn your monitor upside down or have the computer turn the image upside down and wallaa.. you have a kaboom.. See.. how simple..
still doesn't explain why his charts are back to front though
__________________
I'm not promoting US financial Armageddon.
I'm predicting US financial reality
Reply With Quote
Strong Conviction GBP/JPY
Strong Conviction EUR/JPY
 
  #206754  
Old Nov 3, 2009 5:27pm
rgitt05's Avatar
KABOOM SEEKER
 
Member Since Oct 2005
Default

This should help..



Quote:
Originally Posted by Eulogy View Post
still doesn't explain why his charts are back to front though
Attached Images
 
__________________
It's Not WHAT You Think, it's what on the charts. "Simplicity is the key to becoming a successful forex trader - not complicated trading systems"
Reply With Quote
Strong Conviction Gold
 
  #206755  
Old Nov 3, 2009 5:28pm
Member
 
Member Since May 2009
Default

Quote:
Originally Posted by Eulogy View Post
still doesn't explain why his charts are back to front though
well, that's is the da' vincci style of trading..

Just kidding bro.. waiting for my GCAD short order to get filled..
Reply With Quote
  #206756  
Old Nov 3, 2009 5:31pm
The Milky Bar Kid
 
Member Since Apr 2007
Default daily

daily possible pin setting up for break out of 149 tomorrow , seems sellers off bottom of candle this morning.

We are however still under resistance level on daily charts ... really odd .

Tomorrow is news heavy day in the US session and hopefully will give some better overall direction to the market
__________________
Chief Janitor Idiot of charitable society "No Pip Left Behind"
Reply With Quote
  #206757  
Old Nov 3, 2009 6:51pm
sinner-'s Avatar
Member
 
Member Since Apr 2009
Default

Quote:
Originally Posted by malcolmb14 View Post
daily possible pin setting up for break out of 149 tomorrow , seems sellers off bottom of candle this morning.

We are however still under resistance level on daily charts ... really odd .

Tomorrow is news heavy day in the US session and hopefully will give some better overall direction to the market
Long from 148.42, standard 20 pip SL. It doesn't want to go up, but it will
Reply With Quote
  #206758  
Old Nov 3, 2009 6:52pm
Member
 
Member Since Dec 2008
Default Bullish

Looked like a lot of buying at 146.6 this morning and 4hr candle volumes look to have set a base for bullish run.

If we break Weekly Pivot at 149.2, there is scale for great upside. Bears however have a lot of wood to cut;

4hr Gann bullish.
4hr QQE looking like turning bullish.
4hr QQE near 50 line.
4hr 200 ema at 148.11.
DPP at 147.75.
MPP at 147.04.

Next target for upside is the 4hr 50ema at 148.80. Let's see what the next day has in store for us.
Reply With Quote
  #206759  
Old Nov 3, 2009 7:24pm
Eulogy's Avatar
R.I.P. Dearest Grandfather
 
Member Since Jun 2008
Default

Selling pressure at .50-.60 though. Also very noticable declining volume during the climb up from 146.80
__________________
I'm not promoting US financial Armageddon.
I'm predicting US financial reality
Reply With Quote
Strong Conviction GBP/JPY
Strong Conviction EUR/JPY
 
  #206760  
Old Nov 3, 2009 7:26pm
Member
 
Member Since Aug 2009
Talking

did you no see with me in the screenshot a H&S in 1H in GJ ( is traced in pic) ? what do you see
Attached Thumbnails
Click image for larger version

Name:	des.gif
Views:	8
Size:	12.7 KB
ID:	353829    
Reply With Quote
Reply

10 Traders Viewing This Thread (3 are members)
Fusion, Invisible, felbi
Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
My GBP/JPY and GBP/USD trades fxmechanic Trading Journals 1 Nov 13, 2009 1:23pm
Auslanco-GBP/JPY Strength Indicator strategy auslanco Trading Systems 341 Oct 28, 2009 1:42pm
Auslanco 15min GBP/JPY startegy auslanco Trading Systems 609 Oct 25, 2009 3:11pm
Sycho - Volume Based Trade (Gbp/Jpy&Usd/JPY) sycho Trading Journals 171 Sep 26, 2009 10:05pm
GBP/USD, GBP/JPY trading, my journey forexpert310 Trading Journals 34 Jul 3, 2009 1:59am