Attachments: EURUSD

EURUSD

#107,461
Jun 8, 2009 10:49am Jun 8, 2009 10:49am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts

I see 2 bearish patterns , one d point already reached 1.3919 & the other 1.3962 but it can go up from ab=cd to bat to butterfly pattern.From ab=cd there can be retracement of 50% to 1.3878 now before up perhaps .
fontu

Not understand?better not follow my analyses!doubt clearer first, risks ++

#107,462
Jun 8, 2009 10:49am Jun 8, 2009 10:49am

BoredToLoose
Joined Apr 2007 | Status: Trader | 2,303 Posts

Quoting eaglestar

Disliked

please please please share a chart. i want to be on your fans list ok

Ignored

I have not any naked chart updated to share.
I am following now one M30 chart and this M30 Candle it is to short.
The top for this one could be done already or not, if next do not close red, time to get out here of new shorts.

I have entered now a short scalp for only 30 pips and other less % to 110 pips or -30SL.

My other shorts are above 1.4230.

#107,463
Jun 8, 2009 10:54am Jun 8, 2009 10:54am

Instinct
| Joined Oct 2008 | Status: C.S Student | 51 Posts

Any ideas as to why are we encountering such strong ressistance at 3910?

#107,464
Jun 8, 2009 10:55am Jun 8, 2009 10:55am

SeerEye
Joined Oct 2007 | Status: Pip Seer | 1,299 Posts

Quoting Instinct

Disliked

Any ideas as to why are we encountering such strong ressistance at 3910?

Ignored

23.6% fib line of down move from 1.4266 to 1.3803

at least that's what I'm using

Pip what you see; See what you pip!

#107,465
Edited 11:14am Jun 8, 2009 10:56am | Edited 11:14am

Duce
| Joined Jan 2009 | Status: Snr. Director | 1,158 Posts

i have 1.3910 as today's r2 pivot. 1.3940 is r1

EDITED: S1...not r1.

Si vis pacem, para bellum.

#107,466
Edited 11:42am Jun 8, 2009 11:00am | Edited 11:42am

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,202 Posts

might pull back to 3918/20 area. a good place to...

Posted 9 hr ago
might pull back to 3918/20 area. a good place to reload

change new number 3925 and maybe 5156 but doubtful imfuo

http://www.forexfactory.com/images/icons/icon1.gif s/r 4151 28 4093 64 36 3998 62 18 3831 48 3780/92...

Posted 8 hr ago
s/r 4151 28 4093 64 36 3998 62 18 3831 48 3780/92 3780 3607 3433 3310 3223 2880 + r - 15 predicted s/r 3702 3551 3364 3067... depends if we test 3918/20 or not..

predicted numbers are slightly lower now

http://www.forexfactory.com/images/icons/icon1.gif 3790 area is support.. but were gonna bust it...

Posted 8 hr ago
3790 area is support.. but were gonna bust it after a bounce..imfuo... if gu breaks its support it will be better for eu bears

be nibble.. but bounce was expected. gu never held below support. 1.6017. check what you got..trade what you see not what i post. unless it agrees..

added later..i overlooked this number earlier 3831.. we need a close below it for bear move to continue.. i dont think this will be a problem

those who can, do. those who cant, talk about those who can

#107,467
Jun 8, 2009 11:05am Jun 8, 2009 11:05am

Atlast
Joined Apr 2009 | Status: Trader | 4,214 Posts

Quoting Instinct

Disliked

Any ideas as to why are we encountering such strong ressistance at 3910?

Ignored

It is a pivot point 3919 which is S1.

#107,468
Jun 8, 2009 11:13am Jun 8, 2009 11:13am

BoredToLoose
Joined Apr 2007 | Status: Trader | 2,303 Posts

1.3915 TP 1.3893

Other BE or 1.3870 area.

The Timing to do this safe short was there, now I do not know where this and next 2 M30 candles will close, but I was almost sure to have this scalp secure.

For trades +100 pips this is the worst area to enter short or long.
Remember my levels.

Bye and GL all

#107,469
Jun 8, 2009 11:21am Jun 8, 2009 11:21am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts

Quoting BoredToLoose

Disliked

1.3915 TP 1.3893

Other BE or 1.3870 area.

The Timing to do this safe short was there, now I do not know where this and next 2 M30 candles will close, but I was almost sure to have this scalp secure.

For trades +100 pips this is the worst area to enter short or long.
Remember my levels.

Bye and GL all

Ignored

Done exactly & waiting for tp now .
fontu

Not understand?better not follow my analyses!doubt clearer first, risks ++

#107,470
Jun 8, 2009 11:29am Jun 8, 2009 11:29am

TrooperCoope
| Joined Feb 2009 | Status: where did my "R" go? :p | 443 Posts

My god... I got kicked out of that bear move by 0.1 pips.

#107,471
Edited 11:48am Jun 8, 2009 11:38am | Edited 11:48am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts

Reloading long tp 1.3950 bear still not over though .Nah it seems too much risky, open trade against 3 bear patterns in already acyion ,tp reduced to 1.3929 & wait & see if price reverse from the exact point expected before .

fontu

Not understand?better not follow my analyses!doubt clearer first, risks ++

#107,472
Jun 8, 2009 11:52am Jun 8, 2009 11:52am

BoredToLoose
Joined Apr 2007 | Status: Trader | 2,303 Posts

1.3870.

Done for today.

Looks good for new low soon.

I have picked the top at 1.3915/18.

So, some may ask, why did he closed new shorts at 1.3893/1.3870?
Because the scalp was 2x the size of my best short open and the other short was for 110 pips but I closed for 40 pips, because in spite looking good this M30 can see a reverse and 1.3915 will be there again.
I would not close if last M30 closed below 1.3877.

Not good area to enter trades here, only for scalps.

Time to go
bye

#107,473
Jun 8, 2009 11:58am Jun 8, 2009 11:58am

Forex ATM
| Joined May 2009 | Status: Trader | 128 Posts

great tennis match on the YEN quite boring on the EURO

#107,474
Jun 8, 2009 11:58am Jun 8, 2009 11:58am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts

Quoting BoredToLoose

Disliked

1.3870.

Done for today.

Looks good for new low soon.

I have picked the top at 1.3915/18.

So, some may ask, why did he closed new shorts at 1.3893/1.3870?
Because the scalp was 2x the size of my best short open and the other short was for 110 pips but I closed for 40 pips, because in spite looking good this M30 can see a reverse and 1.3915 will be there again.
I would not close if last M30 closed below 1.3877.

Not good area to enter trades here, only for scalps.

Time to go
bye

Ignored

Good pipping then , well done. yes this area for scalping but safe because it will be back soon or later .me too done just doing some before sleep and today is so good without much news interference & exact movements .
thanks,
fontu

Not understand?better not follow my analyses!doubt clearer first, risks ++