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EURUSD

  • #225,081
  • Apr 13, 2010 3:50pm Apr 13, 2010 3:50pm
Quoting suthmo
If I identified a new pattern can I name it?
Haha, I had the same pattern come up a few months ago and asked about it in this forum. Someone said it was called "the alligator"
  • #225,082
  • Apr 13, 2010 3:51pm Apr 13, 2010 3:51pm
Quoting mmccormac
Warning time... Check your EURX charts and remember THIS (Click Me).

It's testing now.
Yeah baby....hunt those stops.
  • #225,083
  • Apr 13, 2010 3:52pm Apr 13, 2010 3:52pm
Quoting Protogenos
Haha, I had the same pattern come up a few months ago and asked about it in this forum. Someone said it was called "the alligator"
Seriously, google "megaphone pattern".
  • #225,084
  • Apr 13, 2010 3:53pm Apr 13, 2010 3:53pm
Gator, do you not see a possibility of USD's sudden fall to 76? It's already trading below March open, that's not good news for EUR bears.
Prices oscillate, trends persist. Trend is your friend.
  • #225,085
  • Apr 13, 2010 3:58pm Apr 13, 2010 3:58pm
Quoting PriceVolume
Look up a megaphone pattern.
Ok now you can earn extra points for calling the break direction.
Founder of Sutherland Wave Principle
  • #225,086
  • Apr 13, 2010 3:58pm Apr 13, 2010 3:58pm
Quoting ma_cowburn
just call it the voodoo pattern
looks like a voodoo patern developing on the aud/usd....
Attached Image (click to enlarge)
Click to Enlarge Name: voodoo.gif Size: 19 KB
  • #225,087
  • Apr 13, 2010 4:01pm Apr 13, 2010 4:01pm
Quoting PriceVolume
Seriously, google "megaphone pattern".
No need to google it even, mikey already nailed it a couple years ago...
FUBAR...
  • #225,088
  • Apr 13, 2010 4:02pm Apr 13, 2010 4:02pm
Quoting suthmo
Ok now you can earn extra points for calling the break direction.
Only my humble opinion, but I'll be watching for it to break downward.
  • #225,089
  • Apr 13, 2010 4:02pm Apr 13, 2010 4:02pm
Quoting TheLastCoke
Please let me celebrate!!! #511

Attachment
We have maybe to wait until 4th of July. eurusd stuck until then in 1.3550-1.3620.

Anyways. Its at pp from today now and tomorrow it will be above pp. Some hope for any change. Whatever direction.
Sometimes I lose. Sometimes the others win.
  • #225,090
  • Apr 13, 2010 4:03pm Apr 13, 2010 4:03pm
Quoting suthmo
Ok now you can earn extra points for calling the break direction.
I was just reading that it is supposed to be opposite of the prevailing trend
  • #225,091
  • Apr 13, 2010 4:03pm Apr 13, 2010 4:03pm


I think that pretty much describes what was happening with many traders today.....

Quoting ak4x
No need to google it even, mikey already nailed it a couple years ago...
  • #225,092
  • Apr 13, 2010 4:05pm Apr 13, 2010 4:05pm
Quoting Protogenos
I was just reading that it is supposed to be opposite of the prevailing trend
Yes - if at a top, downward break. If at a bottom, upward break. We'll see.
  • #225,093
  • Apr 13, 2010 4:05pm Apr 13, 2010 4:05pm
Quoting TheLastCoke
Honestly I don't care I just took my 70!!!
Congrats Coke!
  • #225,094
  • Edited 4:07pm Apr 13, 2010 4:05pm | Edited 4:07pm
OK remember I said back to .3555 this candle then off to the moon. And I said 10pm would be the last low candle.
Founder of Sutherland Wave Principle
  • #225,095
  • Apr 13, 2010 4:06pm Apr 13, 2010 4:06pm
Pandora posted this way back when but I had to figure out which thread it was on... this reply is serious but I still like mikey's answer better.

Since I have no humour, I have to take it where I can find it.

http://www.forexfactory.com/showthread.php?p=2755078

Malcomb gets a couple points for his definition as well...

Quoting malcolmb14
I google megaphone formation and all i got was this definition

Megaphone .. trader called sky on forex factory screaming USD IS GOING TO CRASH AND GOLD TO $5000

FUBAR...
  • #225,096
  • Apr 13, 2010 4:08pm Apr 13, 2010 4:08pm
Quoting TheLastCoke
Honestly I don't care I just took my 70!!!
I am happy with you!

I am in the dark zone now. Risk still not high.

Looks like it will become a loser.

@ak4x: That was a question, not an assumption. Time will tell (and heals all wounds they say (which is wrong I guess (which is my opinion (...)))).
Sometimes I lose. Sometimes the others win.
  • #225,097
  • Apr 13, 2010 4:11pm Apr 13, 2010 4:11pm
Quoting ak4x
Pandora posted this way back when but I had to figure out which thread it was on... this reply is serious but I still like mikey's answer better.

Since I have no humour, I have to take it where I can find it.

http://www.forexfactory.com/showthread.php?p=2755078
Hey Ak...you watching these after hours hijinks? Nuts....
  • #225,098
  • Apr 13, 2010 4:12pm Apr 13, 2010 4:12pm
Malcomb gets a couple points for his definition as well...

Quoting malcolmb14
I google megaphone formation and all i got was this definition

Megaphone .. trader called sky on forex factory screaming USD IS GOING TO CRASH AND GOLD TO $5000

Priceless...
FUBAR...
  • #225,099
  • Apr 13, 2010 4:17pm Apr 13, 2010 4:17pm
short eu at 3613
  • #225,100
  • Apr 13, 2010 4:23pm Apr 13, 2010 4:23pm
Pivots from 5pm EST

Attached Image
FUBAR...
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