Dislikedaudusd has broken through the weekly trend line support and currently it is retracing towards possible rejection zone. Poc comes at 0.7680-90 ( h3, 61.8, trend line, near term sellers ) but we also need to pay attention to any close below the level. The pair has closed "retail gap" after the weekend volatility caused by greece/euzone negotiations and it has reached 0.7585 where it has made a spinning top/master candle rejecting the support for further retracement to the upside. Poc zone could reject the price towards next support - 0.7620 while...Ignored
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- Jun 29, 2015 1:31pm Jun 29, 2015 1:31pm
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- Jun 30, 2015 4:13am Jun 30, 2015 4:13am
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- Jun 30, 2015 5:09am Jun 30, 2015 5:09am
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- Jun 30, 2015 6:58am Jun 30, 2015 6:58am
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- Jul 1, 2015 3:37am Jul 1, 2015 3:37am
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Monday retail sales in Japan expanded by 1.7 % vs forecast of 1 % increase. Yen also strengthened due to Greece uncertainty and safe heaven flows.
Technically the pair reached weekly L5 which marks strong support and pullback towards POC could give us an opportunity to short it again. POC comes at 123.20-30 zone ( L3, 61.8, previous swing ) and it should provide shorting opportunities towards 121.50, next level if L5 breaks. For the pair to remain bearish 124.05 should hold as we have 2 trend line cross , and previous swing high as a resistance.
Technically the pair reached weekly L5 which marks strong support and pullback towards POC could give us an opportunity to short it again. POC comes at 123.20-30 zone ( L3, 61.8, previous swing ) and it should provide shorting opportunities towards 121.50, next level if L5 breaks. For the pair to remain bearish 124.05 should hold as we have 2 trend line cross , and previous swing high as a resistance.
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- Jul 1, 2015 10:40am Jul 1, 2015 10:40am
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- Edited 1:25pm Jul 1, 2015 1:07pm | Edited 1:25pm
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Hy Tarantula, may I kindly ask you to share ATR indicator. I see that is a little extended in relation to the standard version, which is located in MT4. It also saves some space on the platform. Very grateful !
It is integrated into my customized CAM indicator- if you dont have it yet, just send me an email I will send it to you.
P.S. I attached it here
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- Jul 1, 2015 2:44pm Jul 1, 2015 2:44pm
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- Jul 1, 2015 5:56pm Jul 1, 2015 5:56pm
- | Commercial Member | Joined Feb 2010 | 14,361 Posts
Thank you T. Appreciate !
{quote} where can i download your CAM indicator?
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- Jul 1, 2015 6:12pm Jul 1, 2015 6:12pm
- Joined Sep 2014 | Status: Don't make me use this! | 1,214 Posts
{quote} You are welcome
or our capital controls include links as well... (to make the atmosphere more funny ;-) )
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- Jul 2, 2015 3:41am Jul 2, 2015 3:41am
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- Jul 2, 2015 3:49am Jul 2, 2015 3:49am
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EURUSD accurate pivot points ( GMT+3 time)
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- Jul 2, 2015 4:49am Jul 2, 2015 4:49am
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- Jul 2, 2015 7:57am Jul 2, 2015 7:57am
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hello i am new to this forum seems good, i am short gbp/usd 50 pip profit till now should i close the trade before nfp ? or take the chance chance to boost the profits if nfp is higher than expected ?