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  • #115,281
  • Jun 26, 2009 2:08am Jun 26, 2009 2:08am
Apparently, there is some pretty big resistance above 4050. Price has made many attempts to sustain above this level but has yet been unable to. Maybe we will have to go down a little further to pick up more buyers... but maybe 4060 is the top for a while. It is only 20 pips above Notch's PH for the day.
  • #115,282
  • Jun 26, 2009 2:09am Jun 26, 2009 2:09am
Atlast and Notch,

How are you guys looking at this EU?.....I was LONG at 1.4032 and got stopped out after it hit the 1.4060 area and retraced back...Not sure if this is reving up to go LONG or if it will drop?...It is just up and down...
  • #115,283
  • Jun 26, 2009 2:15am Jun 26, 2009 2:15am
Quoting avi
predict no. for today 1.4042-1.4032-1.40550 predict no. for week 1.3940-1.3880
the no. returun until now 4 times .the predict for today
  • #115,284
  • Jun 26, 2009 2:15am Jun 26, 2009 2:15am
Quoting avi
predict no. for today 1.4042-1.4032-1.40550 predict no. for week 1.3940-1.3880


AVI, what do these three number mean 1.4042-1.4032-1.40550 ? OLC, CLH???





Well will the pitchfork median line provide any resistence?
  • #115,285
  • Jun 26, 2009 2:19am Jun 26, 2009 2:19am
Quoting F.x.
Good morning all.

The long I opened last night is still in play. Currently at +80 pips. The original half of that position is sitting at +98 pips but as you'll recall I doubled the position which raised my average a bit. I wanted to add some more at the next test of 4020 but unfortunately I had to sleep and couldn't be at my computer when that retest occured, though it would have been nice... We could see some more upward movement so I'm keeping this trade open w/ SL still at BE.

EDIT: I've closed this trade for +80 pips.

Nice!
  • #115,286
  • Jun 26, 2009 2:21am Jun 26, 2009 2:21am
Quoting notch
AVI, what do these three number mean 1.4042-1.4032-1.40550 ? OLC, CLH???





Well will the pitchfork median line provide any resistence?
Always does, and if it doesn't you know what to do. London early morning book trading to get easy money on the stops.
  • #115,287
  • Jun 26, 2009 2:22am Jun 26, 2009 2:22am
Level to short 1.4064.
  • #115,288
  • Jun 26, 2009 2:27am Jun 26, 2009 2:27am
Quoting Atlast
Level to short 1.4064.
Atlast - why 4064?
  • #115,289
  • Jun 26, 2009 2:28am Jun 26, 2009 2:28am
Quoting IMARICH1
Atlast and Notch,

How are you guys looking at this EU?.....I was LONG at 1.4032 and got stopped out after it hit the 1.4060 area and retraced back...Not sure if this is reving up to go LONG or if it will drop?...It is just up and down...

Market Profile Analysis (I don't trade this): Below 1.4067 then expect 1.3987 mometum will slow at this point and price will makes it way to 1.3977. At this point there should be a quick bounce back to 1.3987. If 1.3977 holds expect 1.4027 after which point price should move lower again to retest the 1.3987-77 area. If price can penetrate 3977 and remain below it for 2 15 min bars then 3977 becomes the new pivot point.

Below 1.3977 price enter scalper alley. Expect price to touch and rebound off 1.3957 a few times before continuing to 1.3937 - again I expect price to rebound off this area a few time before pushing onto 1.3897. Although this area may hold upto the initial onslaught it will not hold for long the price lusts after the 1.3867-57 range. At this point MP analysis becomes before difficult. If the price pass this area with conviction then 1.3776 should be within reach. The only downside is as soon as you have realise that 3867-57 have been breached with conviction the price is already like to be at 3776.


Above 1.4067:
  • #115,290
  • Jun 26, 2009 2:33am Jun 26, 2009 2:33am
Quoting notch
AVI, what do these three number mean 1.4042-1.4032-1.40550 ? OLC, CLH???





Well will the pitchfork median line provide any resistence?
now . the system find no. which will return few times aday. 70% even the no. far for 50p or more it will return to one of the no. up=buy down sell. the corect no. for today 1.4050 and not 1.40550 .have good pips today. until now you got good pips
  • #115,291
  • Jun 26, 2009 2:33am Jun 26, 2009 2:33am
Quoting stewrigh
Atlast - why 4064?
PA and median line, plus clearing short stops above high.
  • #115,292
  • Jun 26, 2009 2:34am Jun 26, 2009 2:34am
Quoting Paupau MX
potential h&s in 4H tf, sorry about the kindergarden charts
You're right, but there is an even bigger H&S if you zoom out a bit. I've been short for a couple days now, just playing the waiting game.

If you look on the 4Hr- daily charts on many pairs, you will see a H&S right now. DOW and S&P are even showing evidence of being overbought. So I am holding shorts in several of these dollar pairs. We'll see what happens, good luck.

I apologize if my chart size screws up the thread.

Scotty B
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.GIF Size: 174 KB
  • #115,293
  • Jun 26, 2009 2:34am Jun 26, 2009 2:34am
Quoting notch
Market Profile Analysis (I don't trade this): Below 1.4067 then expect 1.3987 mometum will slow at this point and price will makes it way to 1.3977. At this point there should be a quick bounce back to 1.3987. If 1.3977 holds expect 1.4027 after which point price should move lower again to retest the 1.3987-77 area. If price can penetrate 3977 and remain below it for 2 15 min bars then 3977 becomes the new pivot point.

Below 1.3977 price enter scalper alley. Expect price to touch and rebound off 1.3957 a few times before continuing to 1.3937...
Well, now we all know what to do
Don't be a hero. Don't have an ego. Always question yourself
  • #115,294
  • Jun 26, 2009 2:37am Jun 26, 2009 2:37am
Quoting USD-Bear
Well, now we all know what to do

Look buddy! This has been spot on practically everytime I posted it so lighten up with your laconic statements. And reading your past posts you must be one broke MF.
  • #115,295
  • Jun 26, 2009 2:38am Jun 26, 2009 2:38am
Hi $s.

Reload Analysis :
Determent Line : Broken.
Tiny Support Line : Support The Position of Market.
Result : Swing Expected.

Resistance Area : Broken
Result : New Direction and Dicision Expected.

Be Happy.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd1.gif Size: 25 KB
  • #115,296
  • Jun 26, 2009 2:39am Jun 26, 2009 2:39am
Quoting Atlast
Always does, and if it doesn't you know what to do. London early morning book trading to get easy money on the stops.
evry day i will send 3 no. predict for 1 day. the no. returun few times aday. up=buy down= sell. look how many times the no. returun today, look olso for yesterday
  • #115,297
  • Jun 26, 2009 2:41am Jun 26, 2009 2:41am
Quoting notch
Look buddy! This has been spot on practically everytime I posted it so lighten up with your laconic statements. And reading your past posts you must be one broke MF.
Sorry to offense you Notch, appreciate your views very much, but could'nt resist this time.
No I'm doing extreemly well last few weeks, although have little background so have to see.....
Don't be a hero. Don't have an ego. Always question yourself
  • #115,298
  • Jun 26, 2009 2:43am Jun 26, 2009 2:43am
I still aim for 1.41-43.
  • #115,299
  • Jun 26, 2009 2:46am Jun 26, 2009 2:46am
Quoting USD-Bear
Sorry to offense you Notch, appreciate your views very much, but could'nt resist this time.
No I'm doing extreemly well last few weeks, although have little background so have to see.....

No problem...forgive my lack of patience.
  • #115,300
  • Jun 26, 2009 2:46am Jun 26, 2009 2:46am
Quoting Xaron
I still aim for 1.41-43.

Good. Competing views makes this thread.
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