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  • #236,321
  • May 5, 2010 4:25am May 5, 2010 4:25am
If 2965 holds on the pull back, i have a sneeky feeling i may get mt TP in the US session
Just my 2 cents worth
  • #236,322
  • Edited 4:44am May 5, 2010 4:26am | Edited 4:44am
Quoting jackdan
This pair is very much under pressure from everywhere. And ruled more by rumours than anything. So whatever predicted is valid, just tight SL are needed.

Fontu, My greatest respect to your comments. Your comments always very much apreciated!

rgds
Thanks , Anyway 1.2934 level to me a demand/registance area & so i think it will not hold & ultimately break hard again. Placed shorts again at 85 & pending at the top above to 1.3038 ,not think they will reach though ultimately .
see you all in the evening session my time.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #236,323
  • May 5, 2010 4:27am May 5, 2010 4:27am
Quoting Rgali1
We may trend sideways but i wouldnt long...only shorting tops!
and i wouldn't short at this price, but that's how buyers and sellers unite
  • #236,324
  • May 5, 2010 4:37am May 5, 2010 4:37am
any chance to touch the Daily Pivot at 1.30475? let's see..
  • #236,325
  • May 5, 2010 4:39am May 5, 2010 4:39am
Quoting Martingale
any chance to touch the Daily Pivot at 1.30475? let's see..
WOuld be nice if it did as my TP is just below that
Just my 2 cents worth
  • #236,326
  • May 5, 2010 4:39am May 5, 2010 4:39am
Quoting T@rantula
Reverse divergence on H1. The PA can go up but will drop again, as there is no sign of Bullish convergence

Attachment

What are you talking about? When price makes lower lows & the indicator shows higher highs you call this is a bearish divergence? Elaborate please.
"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #236,327
  • May 5, 2010 4:43am May 5, 2010 4:43am
Quoting Guy Mann
WOuld be nice if it did as my TP is just below that
would be a minor miracle given the current conditions, still it does not seem to be obeying any strategy so anything can happen
  • #236,328
  • May 5, 2010 4:47am May 5, 2010 4:47am
Quoting increase
would be a minor miracle given the current conditions, still it does not seem to be obeying any strategy so anything can happen
There's a strategy?
I operate with clear definite rules, if I break them I lose BIG!
  • #236,329
  • May 5, 2010 4:47am May 5, 2010 4:47am
Quoting increase
would be a minor miracle given the current conditions, still it does not seem to be obeying any strategy so anything can happen
When people talk like this, I start to expect an "unexpected" move to give everyone the finger.
  • #236,330
  • May 5, 2010 4:50am May 5, 2010 4:50am
Quoting Mr J
When people talk like this, I start to expect an "unexpected" move to give everyone the finger.
Lol I agree.
I operate with clear definite rules, if I break them I lose BIG!
  • #236,331
  • May 5, 2010 4:51am May 5, 2010 4:51am
EURO-DOLLAR: From reports we have received the semi official name has
been seen on both sides of the current $1.2980/90 consolidation range of
the last 15-20 minutes or so. Stronger offers have been suggested in
place from earlier highs at $1.2996 through to $1.3000, with stops
reported on a break above.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #236,332
  • May 5, 2010 4:53am May 5, 2010 4:53am
I don't think it will respond to what I am saying, or what anybody else is saying, I need to respond to what it is saying
  • #236,333
  • May 5, 2010 4:54am May 5, 2010 4:54am
railway tracks on the 15M chart, I'll go short again.
  • #236,334
  • May 5, 2010 4:55am May 5, 2010 4:55am
and down it goes...
Former Trader Of the Year of the 95% losing club! Retired
  • #236,335
  • May 5, 2010 4:55am May 5, 2010 4:55am
Quoting personalme
Lot of divergence coming after sharp fall/ rise. It is just a common as it is since volume starts back to its normal condition. Thus, this kind of divergence is very weak even just for confirmation only (apart which way price will go today).

I still believe more down comes but not today. Seems we're gonna have sideways or minor correction.

Just my opinion.
I dont rule out operations from central banks. But as you can see from my chart that kind of divergence is reverse/hidden. The price is making a lower high, and the oscillator is making a higher high. That should give us the sign of continuing main trend
  • #236,336
  • May 5, 2010 4:56am May 5, 2010 4:56am
Quoting increase
I don't think it will respond to what I am saying, or what anybody else is saying, I need to respond to what it is saying
it saying, today (short or long), nobody will make much money.. i expect an upmove but limited at least for this 24 hour period, as it may be in reversal mode, which doesn't always happen in 1 day.
  • #236,337
  • May 5, 2010 4:57am May 5, 2010 4:57am
Quoting AMuharram
What are you talking about? When price makes lower lows & the indicator shows higher highs you call this is a bearish divergence? Elaborate please.
Go and learn something http://www.babypips.com/school/hidden_divergence.html
  • #236,338
  • May 5, 2010 5:00am May 5, 2010 5:00am
Strong resistance at EMA 200 @ TF 5M
  • #236,339
  • May 5, 2010 5:01am May 5, 2010 5:01am
wow
T@rantula http://cdn.forexfactory.com/images/s...ser_online.gif
packs a wallop of a sting
  • #236,340
  • May 5, 2010 5:03am May 5, 2010 5:03am
if the price managed to break 1.2990 - 1.3000 area it will go up more to 1.3050 then 1.3130 if it managed to break 1.3050 lets see what will happen .
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minu