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  • #60,981
  • Feb 3, 2009 3:02am Feb 3, 2009 3:02am
Quoting CAnthonyMVE
YOU GUYS SHOULD CHECK OUT WWW.FXSTREET.COM
Thanks! Had done 3 refreshes and the trend index went from Bullish to Neutral to Bearish... I may refresh again. *Kidding*
  • #60,982
  • Feb 3, 2009 3:43am Feb 3, 2009 3:43am
targets 1.2700, 1.2620

http://s49.radikal.ru/i126/0902/0d/5f1fbfeb604e.jpg
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  • #60,983
  • Feb 3, 2009 3:48am Feb 3, 2009 3:48am
Quoting ak4x
Well, there's pivots and then there's pivots and mine are apparently quite different from yours... as I show it BOUNCED off the DP at 2815, and is still shy of R1 at 2924 by at least 10 pips... see my earlier posts a'rd 5pm or so for pivots. It helps to give a value for the ones that you're using to avoid confusion, as there are many ways to calculate them.

The reverse H&S you refer to not is very clear, ((at least to me)) maybe post a chart showing us all what you're looking at...?
My daily pivot shows 1.2805. So it looks like we're using different time zones or something. What do you use?
  • #60,984
  • Feb 3, 2009 3:50am Feb 3, 2009 3:50am
Quoting dimitrius
My daily pivot shows 1.2805. So it looks like we're using different time zones or something. What do you use?
Daily Pivot is 1.2815, according to me.
Probability Professor
  • #60,985
  • Feb 3, 2009 4:05am Feb 3, 2009 4:05am
Quoting Galation
Daily Pivot is 1.2815, according to me.
1.2790/1.2810 supports
targets 1.2700, 1.2620/40, 1.2560/80, 1.2380/1.2420.
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  • #60,986
  • Feb 3, 2009 4:16am Feb 3, 2009 4:16am
Daily pivot is acting as a good support at the moment.
Probability Professor
  • #60,987
  • Feb 3, 2009 4:23am Feb 3, 2009 4:23am
Went in at 1.2182 a positive divergence to price, a 123 bottom. A change in trend? This is 5min btw.
Attached Image (click to enlarge)
Click to Enlarge Name: buy 1.2812 5min.gif Size: 19 KB
Forex Price Action Hacked - Price Action Rockstar
  • #60,988
  • Feb 3, 2009 4:25am Feb 3, 2009 4:25am
Morning / Evening @ all
The best thing that can happen to you is to find out where you're wrong.
  • #60,989
  • Feb 3, 2009 4:28am Feb 3, 2009 4:28am
morning bro...
what's your trades for today?

Quoting Driver55
Morning / Evening @ all
Money management is good for your health...
  • #60,990
  • Feb 3, 2009 4:32am Feb 3, 2009 4:32am
A descending triangle formation, suggesting the bears are tightning their grip on the bulls. Volume is lower: a break out possible: bias to the downside. There is also a close to double top thrown in there as well.
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd.gif Size: 33 KB
Probability Professor
  • #60,991
  • Feb 3, 2009 4:38am Feb 3, 2009 4:38am
Do anyone think that market volatility is back to normal?? Means like we're having experience of market movement like before the market crashed(before august 2008)??

Anyone??

  • #60,992
  • Feb 3, 2009 4:40am Feb 3, 2009 4:40am
Quoting Galation
A descending triangle formation, suggesting the bears are tightning their grip on the bulls. Volume is lower: a break out possible: bias to the downside. There is also a close to double top thrown in there as well.
Hi I notice you use pivots as well do you know how it is used??
Forex Price Action Hacked - Price Action Rockstar
  • #60,993
  • Feb 3, 2009 4:41am Feb 3, 2009 4:41am
Quoting moewenger
Do anyone think that market volatility is back to normal?? Means like we're having experience of market movement like before the market crashed(before august 2008)??

Anyone??

I don't think it will be back to normal (as in, how it was befor August) until the United States declare they are out of the recession. When the US declares the recession is weakening, peoples risk appetite will increase, and they will look to invest in more exotic currencies and markets.

Volatility may not be as extreme as it has been, but I don't think it will be 'normal'.
Probability Professor
  • #60,994
  • Feb 3, 2009 4:41am Feb 3, 2009 4:41am
I recised ny earlier prediction of a retrace to 1.3018. I think the up move is exausted now and in minutes we will see a retrace to 1.2850 befor the real dip down
not much time to go
Riding the Dragon....
  • #60,995
  • Feb 3, 2009 4:44am Feb 3, 2009 4:44am
Quoting david_akc
Hi I notice you use pivots as well do you know how it is used??
Are you asking me if I know how pivot points work?
Probability Professor
  • #60,996
  • Feb 3, 2009 4:45am Feb 3, 2009 4:45am
Quoting Farstrider
I recised ny earlier prediction of a retrace to 1.3018. I think the up move is exausted now and in minutes we will see a retrace to 1.2850 befor the real dip down
not much time to go

do you have an idea of how low it will dip??
  • #60,997
  • Feb 3, 2009 4:47am Feb 3, 2009 4:47am
Quoting Galation
A descending triangle formation, suggesting the bears are tightning their grip on the bulls. Volume is lower: a break out possible: bias to the downside. There is also a close to double top thrown in there as well.
Nice job on the prediction.
Forex Price Action Hacked - Price Action Rockstar
  • #60,998
  • Feb 3, 2009 4:54am Feb 3, 2009 4:54am
Quoting david_akc
Nice job on the prediction.
Thanks matey.
Probability Professor
  • #60,999
  • Edited 5:23am Feb 3, 2009 4:57am | Edited 5:23am
Quoting 13thheaven
morning bro...
what's your trades for today?

Sorry I read too late.
Well ... what I say is true only up to 08.00h NY Time:


Long EURUSD at 1.2745
USDCHF Short 1.1716 at


after 08.00h:
Long EURUSD at 1.2573 OR Short 1.3049
USDCHF Short 1.1761 OR Long 1.1431


EDIT :
Well ... what I say is true only up to 08.00h NY Time:


Long EURUSD at 1.2745 and short 1,2959
USDCHF Short 1.1716 and Long 1,1528


I understand that the levels are broad ... but it avoids doing unnecessary operations.

The best thing that can happen to you is to find out where you're wrong.
  • #61,000
  • Feb 3, 2009 4:58am Feb 3, 2009 4:58am
Quoting Galation
I don't think it will be back to normal (as in, how it was befor August) until the United States declare they are out of the recession. When the US declares the recession is weakening, peoples risk appetite will increase, and they will look to invest in more exotic currencies and markets.

Volatility may not be as extreme as it has been, but I don't think it will be 'normal'.
ok, then today i bet it must be one of those ranging days. means for me a NO TRADE day.
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