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  • #15,201
  • Jun 27, 2012 7:08am Jun 27, 2012 7:08am
Quoting jaylovin
eyeing 2455 for long
i took the long at 2456.. stops at BE.. would like to 1.2512 at least or get stopped out at BE

interestingly haven't heard of any interventions on euro lately.. i remember a couple of years back we had one right here taking us up to 1.2670 ish... made a perfect head and shoulder on h1
  • #15,202
  • Jun 27, 2012 7:19am Jun 27, 2012 7:19am
Quoting Pandamonium
as I told you today...
"everytime I open a EURUSD trade I remember how aussie is so good"
Exactly...haha, indeed these days EU is very slow.
  • #15,203
  • Jun 27, 2012 7:20am Jun 27, 2012 7:20am
Quoting jaylovin
i took the long at 2456.. stops at BE.. would like to 1.2512 at least or get stopped out at BE

interestingly haven't heard of any interventions on euro lately.. i remember a couple of years back we had one right here taking us up to 1.2670 ish... made a perfect head and shoulder on h1
Its not very low yet, besides we are getting close to holidays.
  • #15,204
  • Jun 27, 2012 7:24am Jun 27, 2012 7:24am
Quoting T@rantula
Its not very low yet, besides we are getting close to holidays.
we had two on euro at the time... one higher up but can't remember where and the other somewhere here at i remember it made a 200 pip jump...

whats considered low for someone to intervene? because its pretty low accourding to history... though i would like to see euro much lower
  • #15,205
  • Jun 27, 2012 7:30am Jun 27, 2012 7:30am
i expect euro is buying like crazy right now... i will be wrong is 1.2453 is taken out... h4 could be in a big triangle so perhaps the bottom temporarily is in and the previous h1 chart with a target of the 1.2369 is not happening... could go either way
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  • #15,206
  • Jun 27, 2012 2:41pm Jun 27, 2012 2:41pm
i'm such an idiot... ok so 1.2480 should hold this puppy from the upside otherwise say hello back to 1.2507... otherwise below 1.2445 we will see 1.2419 extending down to 1.2408 - 1.2384 and final target 1.2369..
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  • #15,207
  • Jun 27, 2012 2:42pm Jun 27, 2012 2:42pm
Quoting Pandamonium
2460 is Cam L3

2450 is S1

problably I will be with you on this trade

was good for a scalp... thank god for SL
  • #15,208
  • Jun 28, 2012 3:35am Jun 28, 2012 3:35am
Good day all, I have skipped London session, but still I can see that we had a retest of 2530 ( 2525 here), remember the level I told yo about yesterday and then it was a strong sell off.

Basically it was a one-way sell off so lets go with the flow. I had 2407 as LPL so techically intraday level has been reached but as you know NY can print out new level if it breaks.

IN that case, watch the action around 12 GMT ( remember London is GMT+1 now) and sell into retracement. If the level is breached new low should be 2377
  • #15,209
  • Jun 28, 2012 4:43am Jun 28, 2012 4:43am
eu.. long 2444
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  • #15,210
  • Jun 28, 2012 5:07am Jun 28, 2012 5:07am
Quoting danc
eu.. long 2444
Minus 20
  • #15,211
  • Jun 28, 2012 6:24am Jun 28, 2012 6:24am
Quoting jaylovin
i'm such an idiot... ok so 1.2480 should hold this puppy from the upside otherwise say hello back to 1.2507... otherwise below 1.2445 we will see 1.2419 extending down to 1.2408 - 1.2384 and final target 1.2369..

ok so both analysis came true... i didn't trade as i was in bed but my final target to the downside before moving up is at 1.2369 - bear in mind 1.2407 is a significant level so we need to break this to see 1.2369... flat atm - looking for longs lower down
  • #15,212
  • Jun 28, 2012 7:13am Jun 28, 2012 7:13am
Be careful guys, follow the trend , told you to sell retracements. Its always the best option to follow the trend even if it means staying flat. Dont make any revenge trades.
  • #15,213
  • Jun 28, 2012 7:43am Jun 28, 2012 7:43am
Quoting T@rantula
Be careful guys, follow the trend , told you to sell retracements. Its always the best option to follow the trend even if it means staying flat. Dont make any revenge trades.
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This is...TREND FOLLOWING. Read the analysis, adapt it t your own system and b rational.
  • #15,214
  • Jun 28, 2012 8:15am Jun 28, 2012 8:15am
Erm well I went long at 1.2422.. Stops at be so free trade. Will get stopped or close towards the end of the day of we are still low.

Also ambitiously I am aiming for 1.2542. Free trade and highly ambitious people with a small lot so no risk involved now.
  • #15,215
  • Jun 28, 2012 8:21am Jun 28, 2012 8:21am
Quoting jaylovin
Erm well I went long at 1.2422.. Stops at be so free trade. Will get stopped or close towards the end of the day of we are still low
Its closing time for markets so there will be some profit taking, that can be exploited as counter trade.
  • #15,216
  • Jun 28, 2012 8:29am Jun 28, 2012 8:29am
Quoting T@rantula
Its closing time for markets so there will be some profit taking, that can be exploited as counter trade.
Yup. We still have 2447, 2461 and 2472 to break so I am mainly seeing if my analysis is rIght more than anything. Overall trend still down but 2542 is waiting. I expect this level will break 2400 down to 2369 or less. Let's see f analysis is right or not.
  • #15,217
  • Edited 12:52pm Jun 28, 2012 11:27am | Edited 12:52pm
analysis was wrong... we also are below 1.2417 so 1.2390, 2369.. perhaps more...


EDIT: God damn it!!! If 1.2457 breaks then we might close back at 1.2492... Damn it again!
  • #15,218
  • Jun 29, 2012 2:18am Jun 29, 2012 2:18am
Hello guys,

Overnight news moved EU to highs. What could we expect. Technically it can retest 2620 again and imminent support is 2550. Remember, its Friday and we will see some profit taking later.

I havent seen such dispersed levels for long time as move has happened during accumulation cycle in Asia.

Watch this:

MEDIAN 2573

BULLS 2627 2670 2696 2738 2781 2807

BEARS 2515 2473 2446 2404 2361 2335

IN case something unexpected happens ( intervention, spike, covering) those will be key levels.
  • #15,219
  • Jun 29, 2012 2:54am Jun 29, 2012 2:54am
short 1.25885... SL at BE... TP: pending...calculating now


EDIT

TP1: 2569
TP2: 2546
  • #15,220
  • Jun 29, 2012 2:56am Jun 29, 2012 2:56am
Quoting jaylovin
short 1.25885... SL at BE... TP: pending...calculating now


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