EURUSD

3513 will be red tl price
3513 is 38.2 Fib of 3678, April 14th high

Well eur/usd has been a little bland to say the least this last while. If you are so inclined have a look at the possibilities of oil. Takes a while to get a read of the market and I only scalp usually. Very rarely holding over a day or 2. Looking for reversals mainly trying to go with the overall trend or if ranging play the range.

AK4X quick question for you as I am really liking your pivot stuff. I us the auto SDXT2 pivot indicator. Just can't seem to get it in tune with the NY close. I read that you do yours manually, but just thought I would inquire about if you knew the correct setting for the indicator at all. Tried +5 GMT just didn't seem to work correctly.

Thanks

I use the NY midnight to midnight and they seem to work fine

OK thanks will giv'er a go and see if I can get them the same as AK posted.

OK so last night I posted that I had data that showed we would go to .3496 between 8-12 tonight but I thought it was phantom data and now here we are. Today's on the fly 1H prediction of drop to .3295 didn't show we gonna get this high first. But did show it gonna kick off at 11pm. And I was just gonna say "screw it another voodoo party canceled". But now here's this rising wedge break out at 11pm. All my data, on all time frames from yesterday to the one I did today show we going down at least .3355 hopefully .3295. Wish me luck. Fu$k the bozos.

Not manually set, but my pivot tool in accucharts is set to start the calcs as of 5pm EST (or 4pm CST where I currently am). Today for instance that produced the HLC data below and the Pivots I just posted. I can set my own time and/or prices in there if need be with no trouble or go back a'rd 30 days if I need to. Actually I can go as far back as I have 1h bars loaded up otherwise I have to go to higher TF like Daily chart.

Just convert 5pm to GMT and that would be your value to try, I forget now with the Daylight savings thing but it's either 2100 or 2200 GMT...

Thanks thinks me gott'er know.

The problem is that, shorts left about 80 pips on EU, 100 pips

on EJ, 120 pips on Cable today and so on.. Don't have to be cocky, yes

longer term trends probably down, but today was great dollar short

day.. After all I did short EU/EJ at the end of the day, but still,

EU could go higher tomorrow.. YEN and Dollar getting hammered still.

My view on this.. EU perhaps set back to 1.3448 area and then over 1.3525

tomorrow (above pivot). If that works out, next target 1.3760 (R2) +-

(Higher Low/Higher High)

Euro should be under pressure on Wednesday & Thursday as media will focus on the nationwide strikes in Greece. Unions organising the strikes are expecting more than a million people on the streets on those days.

Greece's civil servants umbrella union, Adedy, plans to stage a 24-hour strike on April 22 to protest the government's recent austerity measures. The Communist-backed PAME labor union has also declared a 48-hour strike for April 21 and April 22.

I just shorted EUR/USD @ 1.3490, SL 1.3550, TP 1.3320.

Good luck which ever direction you trade.

Regards
Nectarios

I'm on FXCM.. since the update a couple of weekends ago, my 4H is now at 9am-1pm etc... was 8am to 12pm (noon) which I think is right. does anyone else have this problem? I can't figure out how to fix it.. been all over the settings looking for a fix..

The biggest drop was in the euro, 22,901 contracts, and the pound, 10,643


Legend: Net Long Net Short Position Change
Overview: COT Report through 04 13,2010 Total open interest (OI) esd doen by 38,304 contracts during the period. The biggest drop was in the euro, 22,901 contracts, and the pound, 10,643. Both of these futures markets had a big spec short interest. There was also a 6200 contrast in the C$. The total long dollar position decreased during the period, and is down to only 34,609 contracts down from last week's 46,935 contracts. The aggregate number hid the big spec longs in the Aussie, and the C$, both of which are over 100,000, by default, short the USD. The late week market action favored the USD. The largest spec short is now in the yen.

The largest big spec positions did not change much. They are long 78.5% of the NZ$,69% of the DI, 56.2% of the A$ and 54.6% of the C$. The biggest short by the big spec remains in the pound 52.7%, followed by a 47.3% position short the yen.The small specs have their biggest long positions in the SF 34.4%, followed by a 29.9% in the C$ and a 25.4% in the A$. Specs have their biggest short positions in the SF 34.3% followed by a 29.4% short in the yen. The spec selling in the yen is fairly recent, and the late week strength in the yen may have thinned their ranks.

I'm now long EURUSD...up pips entered at: 1.3450

Tomorrow Most European Airspace going to be open, OIL/commodities

going up.

DST. Daylight Saving Time

thanks.. but I don't see anywhere in the settings I can change/fix this..

SkyzerFX You got the experience, I take what you say very seriously. I got loads to learn. I appreciate the wisdom of yourself and others to gauge the likelihood of my predictions playing out. When the two line up it is awesome. I appreciate your advice. And I need to be careful throwing my own analysis around because it's highly unstable. But when you catch it right It's pure gold. I cant wait for it to come off right so I can demonstrate. Consequently I get a bit hyper active with it. Hard for newbie traders to admit to their selves that they might be wrong. I like gotta contact the creator of this and find out more.

Nectarios I like what your saying because it fits my analysis I did sunday afternoon that says we going down hard around Wednesday. I'll be looking for confirmation of this.

My technique has a price and time expiration and I think we blown through both now.

Voodoo facts: The inventor is actually British but moved to Japan when 18 and became #1 trader in the firm with this secret. He's not famous or published.

I cannot ignore the double wicks of the lower red candles of the same price range indicated with the red line.
Short entry 1.3503 stop 1.3540 TP 1.3388
Their is a lot of confluence in these area's form what I see.

strong support. imagine what will happen once we break through

[quote=enterfx;3651777]strong support. imagine what will happen once we break through

I have been waiting for weeks for the big move down until then we have to play what we see, I am tired of watching this paint dry It is time for a new coat imo.