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  • #203,061
  • Feb 25, 2010 9:51pm Feb 25, 2010 9:51pm
Quoting IMARICH1
After getting out of my LONG for +4...I'm back in.....I played a Short down to this TL and got out as PA isnt convincing that we are going down yet.......

This channel I drew changed my opinion as well....

Long at 3578 with tight SL
Thanks for the prompt, I just looked @ my 4, 8, & D charts and they are ripe to the up side. PA is heading towards 368, I'm long TP 3655 until something else takes place.
Make money or go broke... its the Forex way.
  • #203,062
  • Feb 25, 2010 9:51pm Feb 25, 2010 9:51pm
usually the standard deviation is 20 period and 2 deviation any one use something different like a 14-2? I was wondering because it really brings the line in closer.
  • #203,063
  • Feb 25, 2010 9:53pm Feb 25, 2010 9:53pm
Quoting IMARICH1
After getting out of my LONG for +4...I'm back in.....I played a Short down to this TL and got out as PA isnt convincing that we are going down yet.......

This channel I drew changed my opinion as well....

Long at 3578 with tight SL

u might wanna waitz till london is about to open... volume really low...and im bored too... oh, and don't forget itz friday...
  • #203,064
  • Feb 25, 2010 9:57pm Feb 25, 2010 9:57pm
Quoting tradedragon
Dollar index at its peak.


Stock market is bound to rally now.

LONG EURO.

We should see 1.37 very soon.
I predict EURO to hit 1.4 as the DOW is set to rally to 11200.
wow your crystal ball must be good.

I watch the charts....and worry about today before tomorrow
  • #203,065
  • Feb 25, 2010 10:00pm Feb 25, 2010 10:00pm
in saying that we are at critical levels in the US dollar, and I am looking for it to reverse up.

Which means i am sort of targeting EUR Short soon at 1.3615 - 3625 ish.

will be interesting to see what happens there, if we get to thse levels above i might add.
  • #203,066
  • Feb 25, 2010 10:07pm Feb 25, 2010 10:07pm
Quoting jesterx
in saying that we are at critical levels in the US dollar, and I am looking for it to reverse up.

Which means i am sort of targeting EUR Short soon at 1.3615 - 3625 ish.

will be interesting to see what happens there, if we get to thse levels above i might add.
A retrace off that level will happen anyway, so should be able to lock it and hopefully ride it down for a while.
  • #203,067
  • Feb 25, 2010 10:08pm Feb 25, 2010 10:08pm
Anybody have an idea according to there charts where London may take this pair to?
  • #203,068
  • Feb 25, 2010 10:09pm Feb 25, 2010 10:09pm
I'm tempted to go long
  • #203,069
  • Feb 25, 2010 10:09pm Feb 25, 2010 10:09pm
Quoting petehnm
Anybody have an idea according to there charts where London may take this pair to?
dude too early to say man.

just gotta be patience ....lots of stuff coming out today as you are probably well aware of.
  • #203,070
  • Edited 10:16pm Feb 25, 2010 10:13pm | Edited 10:16pm
Quoting jesterx
in saying that we are at critical levels in the US dollar, and I am looking for it to reverse up.

Which means i am sort of targeting EUR Short soon at 1.3615 - 3625 ish.

will be interesting to see what happens there, if we get to thse levels above i might add.
We've started a new candle on the 4h, if we hit 3615-20 first, we will see a pull back to 3570-60... from there I expect to see 3655 (+).
Make money or go broke... its the Forex way.
  • #203,071
  • Feb 25, 2010 10:14pm Feb 25, 2010 10:14pm
very good for me......I think I came here to learn about wave personalities and sentiment
  • #203,072
  • Feb 25, 2010 10:14pm Feb 25, 2010 10:14pm
It seems like when the USD rallies the only currency beating it is the JPY and when the USD is going down accross the board it is up only with the JPY can you all please explain?
  • #203,073
  • Feb 25, 2010 10:15pm Feb 25, 2010 10:15pm
long target
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  • #203,074
  • Feb 25, 2010 10:15pm Feb 25, 2010 10:15pm
whos got a good meta volume indi?
those who can, do. those who cant, talk about those who can
  • #203,075
  • Feb 25, 2010 10:16pm Feb 25, 2010 10:16pm
These are 2 different channels.....One can only be the right one....I tend to think the way they intersect may give us the 3604 and be done.....if not.....then that means CHF breaks a major TL

3604 is my prediction based on charts......but the other view of 3620 to 3650 can be valid too....Gator's number in past that makes this more solid for a top is 3622....
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  • #203,076
  • Feb 25, 2010 10:16pm Feb 25, 2010 10:16pm
I have no idea you will get good answers both ways.
Personally I do not care. I do not trade that way.
I trade when I get the set up I need could b long or short makes no difference if with trend or counter trend as long as I have a valid set up I trade.

It really pays more ways than one to have yourself a good trading system and concept. It's so much nicer not to have to look at charts all the time to see what the market may do. You just look for the set-up
Dean

Quoting petehnm
Anybody have an idea according to there charts where London may take this pair to?
  • #203,077
  • Feb 25, 2010 10:17pm Feb 25, 2010 10:17pm
Quoting gatorinla
whos got a good meta volume indi?
try this one, i use it...it's not as good as that TG stuff like Malcolm has but better for MT4 cuz the bars tell you by color a lil what's goin on..


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  • #203,078
  • Feb 25, 2010 10:17pm Feb 25, 2010 10:17pm
it is the right way to go short 3593...
  • #203,079
  • Feb 25, 2010 10:20pm Feb 25, 2010 10:20pm
Quoting jesterx
wow your crystal ball must be good.

I watch the charts....and worry about today before tomorrow

Several pairs are ranging into a triangle shape, EurUsd, UsdChf, UsdNok, Gold, so a big breakout should be expected.
  • #203,080
  • Feb 25, 2010 10:21pm Feb 25, 2010 10:21pm
Chf is breaking thru its re-test and major lower tl support......hmmmmm

its holding but peirced thru....maybe is waiting on EU to get to 3604...If CHF break this on a 4HR TL....this could change things a little.....
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