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  • #220,401
  • Apr 5, 2010 8:19am Apr 5, 2010 8:19am
hopefully, 50% retracement at 3499 holds. not looking good right now for my short.
  • #220,402
  • Apr 5, 2010 8:20am Apr 5, 2010 8:20am
perhaps waiting having wrong observation , gu,gold & gj have filled the gap ( apprently so as benefit of doubt) & why not continue trades as usual. thought close them now .Already longs in eu, gj aj, & gold activated , short ea. still to see it eu can break 1.3507 level.

fontu
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #220,403
  • Apr 5, 2010 8:21am Apr 5, 2010 8:21am
Quoting Mr Hatch
i'm quite uncertain now, what does the current rejection from 3466 tell us?
Testing the TL it broke today. Quite normal. Lets hope it holds.
  • #220,404
  • Apr 5, 2010 8:25am Apr 5, 2010 8:25am
This is a classic expansion scenario, get prepared for a good size buy. The rebound has to clear the upper trendline in blue as I have shown.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.GIF Size: 13 KB
  • #220,405
  • Apr 5, 2010 8:26am Apr 5, 2010 8:26am
May hit the Daily Pivot and reverse
Disclaimer: Check your 1m charts
  • #220,406
  • Apr 5, 2010 8:26am Apr 5, 2010 8:26am
Quoting Trading Cat
we are in the process of either building a triple bottom (very rare) or breaking a double bottom 3462. Short from 3458 to 3440 long from 3488 to 3507. whatever comes first.
Tcat
3507 reached and more....
Trade on your own risk Plan your trade&trade your plan dont be a
  • #220,407
  • Apr 5, 2010 8:28am Apr 5, 2010 8:28am
channel please hold...short positions maybe?
  • #220,408
  • Apr 5, 2010 8:28am Apr 5, 2010 8:28am
Darkwband.....If you are in a EU trade then this may be of value:

http://www.algforex.com/images/stories/videos/0405.wmv
  • #220,409
  • Apr 5, 2010 8:29am Apr 5, 2010 8:29am
pullback at 3517
  • #220,410
  • Apr 5, 2010 8:31am Apr 5, 2010 8:31am
my strategy>
news within 30min. if it will be bad for dollar and h1 closes above DP I am bullish,

or we close below DP, news good, market will close below upward trendline I am bear

otherwise I stand aside
  • #220,411
  • Apr 5, 2010 8:32am Apr 5, 2010 8:32am
Quoting IMARICH1
Darkwband.....If you are in a EU trade then this may be of value:

http://www.algforex.com/images/stories/videos/0405.wmv

Lol
  • #220,412
  • Apr 5, 2010 8:34am Apr 5, 2010 8:34am
Quoting IMARICH1
Darkwband.....If you are in a EU trade then this may be of value:

http://www.algforex.com/images/stories/videos/0405.wmv
funky voice:0
  • #220,413
  • Edited 8:35am Apr 5, 2010 8:35am | Edited 8:35am
pleaaaase hold
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 62 KB
  • #220,414
  • Apr 5, 2010 8:35am Apr 5, 2010 8:35am
Quoting enterfx
Testing the TL it broke today. Quite normal. Lets hope it holds.
It broke through. Not the first time us traders ruin nice trades
  • #220,415
  • Apr 5, 2010 8:36am Apr 5, 2010 8:36am
free fall of the trendline...my stochastic never seen such a set up...:0
  • #220,416
  • Apr 5, 2010 8:36am Apr 5, 2010 8:36am
Probably ran it up to drive it down

Quoting enterfx
It broke through. Not the first time us traders ruin nice trades
Disclaimer: Check your 1m charts
  • #220,417
  • Apr 5, 2010 8:38am Apr 5, 2010 8:38am
Quoting enterfx
It broke through. Not the first time us traders ruin nice trades

it's nearly on the falling tl that was build since the april 02, now it should go down to 1,3380
Pecunia non olet
  • #220,418
  • Apr 5, 2010 8:39am Apr 5, 2010 8:39am
abnormally large head, maybe not even a head n shoulder formation but sure looks like one
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd large head n shoulder.gif Size: 31 KB
  • #220,419
  • Apr 5, 2010 8:40am Apr 5, 2010 8:40am
Quoting scurt
my strategy>
h1 closes above DP
what do you mean?
  • #220,420
  • Apr 5, 2010 8:41am Apr 5, 2010 8:41am
Ok so my mind was changed for me. Gone long at 3500 and keeping it tight.
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