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  • #621
  • Aug 26, 2010 6:28am Aug 26, 2010 6:28am
Excuse my manners. Good day traders. Lets print money. :nerd:
A. Finesse Williams Making Millions One Pip At A Time!
  • #622
  • Aug 26, 2010 6:28am Aug 26, 2010 6:28am
Our third breach level triggered and we are now on top of our fourth breach. Agreeing with you on that watch area Aswilled, 1.5480-90. May take profits here.
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Hero Traders Live to see their Accounts Die!
  • #623
  • Aug 26, 2010 6:45am Aug 26, 2010 6:45am
Quoting Podolian
Hi, all.
Simone, can you explain the deal with sell GU from 1.55831?
Hi Podolian, I had posted some explanations earlier. This level was our daily bull target#2, previous swing resistance and h4 breach level. Also we had an ABCD from yesterday that terminated at that price. I will work on a video review of the setup this weekend.
Hero Traders Live to see their Accounts Die!
  • #624
  • Aug 26, 2010 6:46am Aug 26, 2010 6:46am
Quoting aswilled
Excuse my manners. Good day traders. Lets print money. :nerd:
Good Day aswilled!
Hero Traders Live to see their Accounts Die!
  • #625
  • Aug 26, 2010 8:41am Aug 26, 2010 8:41am
Quoting simoneg
Good Day aswilled!

I am yet to read anywhere the cause of the spike on GU between 4.15 and 5.00 GMT today.

The Asian session gave us 120 pips. The reason for that spike could be helpful in determining GU's direction in the next 3 hours
  • #626
  • Aug 26, 2010 9:07am Aug 26, 2010 9:07am
Wow! all this whilst in transit?!? hmmm, Lets see how 1.5580 holds, for sure now we are bullish and any downward move is simply retracement. To 1.5460 at most.
Hero Traders Live to see their Accounts Die!
  • #627
  • Aug 26, 2010 10:17am Aug 26, 2010 10:17am
Quoting simoneg
Wow! all this whilst in transit?!? hmmm, Lets see how 1.5580 holds, for sure now we are bullish and any downward move is simply retracement. To 1.5460 at most.
Yes I profited also with my market order @08 while in transit. Today is providing some real good set ups. Since we are so good at making predictions, do you think you can do 2000 pips a month? I think we can do this with ease. That's only 100 a day for 20 days.
A. Finesse Williams Making Millions One Pip At A Time!
  • #628
  • Aug 26, 2010 10:21am Aug 26, 2010 10:21am
Quoting simoneg
Wow! all this whilst in transit?!? hmmm, Lets see how 1.5580 holds, for sure now we are bullish and any downward move is simply retracement. To 1.5460 at most.
I second this analysis... :nerd:
A. Finesse Williams Making Millions One Pip At A Time!
  • #629
  • Aug 26, 2010 10:49am Aug 26, 2010 10:49am
Quoting aswilled
Yes I profited also with my market order @08 while in transit. Today is providing some real good set ups. Since we are so good at making predictions, do you think you can do 2000 pips a month? I think we can do this with ease. That's only 100 a day for 20 days.

Good Going Aswilled! I am still in my Beach Shorts.... Well, we are listening, predicting can be dangerous. 2000 Pips, hmmm I'll take the challenge.

Now my previous ABCD is no longer valid, however, it appears this buy could just be a test of that resistance for selling. Notice we are back below H4 breach at 1.5560. And also below crucial intraday 50 at 1.5547. We could be looking down to 1.5480 - 60. Lets see whether any waves develop to clear up the picture.
Hero Traders Live to see their Accounts Die!
  • #630
  • Aug 26, 2010 11:17am Aug 26, 2010 11:17am
Good day,evening and night all......

In my view ....

rgds,iqyu
Attached Image
not euphoria follower
  • #631
  • Aug 26, 2010 1:56pm Aug 26, 2010 1:56pm
Well I am out of my shorts +100.9pips and through for the week. You all have a wonderful rest of week and great weekend!

Many Blessings!
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Hero Traders Live to see their Accounts Die!
  • #632
  • Aug 26, 2010 5:13pm Aug 26, 2010 5:13pm
At the daily candle close and open....

Happy Friday all ......

Rgds, Iqyu
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not euphoria follower
  • #633
  • Aug 26, 2010 5:48pm Aug 26, 2010 5:48pm
Hi Simone,

Well no sadly that short didnt quite go, missed target by 15, so got taken out at my generous stop and 2 contracts at 5575! So not a good day yesterday but today will be better i hope!

I noticed price stalled with 3 hits around 1.5509 area which was weekly 19.1 and also prev day bull target 134.

Im seeing the wisdom of not putting all your eggs in one basket ;-)
  • #634
  • Edited 7:59am Aug 27, 2010 5:41am | Edited 7:59am
Good Morning Everyone,

We retraced to our breach at 1.5480, also a swing high, also today's bear target #1, also backside of H1 trendline hit for the 3rd time. Sellers, be ye careful, we are looking rather bullish. A dip lower to 1.5450/1.5430 is possible, 1.5480 decision zone. Resistance at 1.5520. Over and out!
Hero Traders Live to see their Accounts Die!
  • #635
  • Aug 27, 2010 5:42am Aug 27, 2010 5:42am
Quoting Jazznos
Hi Simone,

Well no sadly that short didnt quite go, missed target by 15, so got taken out at my generous stop and 2 contracts at 5575! So not a good day yesterday but today will be better i hope!

I noticed price stalled with 3 hits around 1.5509 area which was weekly 19.1 and also prev day bull target 134.

Im seeing the wisdom of not putting all your eggs in one basket ;-)
Hey Jazznos, talk you over the weekend.
Hero Traders Live to see their Accounts Die!
  • #636
  • Aug 27, 2010 7:52am Aug 27, 2010 7:52am
If GU ends in a 1hr pinbar I would say it is in a very nice position to buy. However, Bernanke speaks....
  • #637
  • Edited 9:48am Aug 28, 2010 9:29am | Edited 9:48am
Hi SFM family....

Based on weekly candle, imo....it looks that price is rejected by 61 monthly and 50 of fibo january - june 2010. does it show us that this is the bottom of correction for bull continuation ?
Happy weekend all....

Rgds,iqyu

http://www.forexfactory.com/showpost...&postcount=580
http://www.forexfactory.com/showpost...&postcount=632
http://www.forexfactory.com/showpost...&postcount=554

Quoting iqyu5an
Hi all ...

This week, price has already broken psycho level, and close weekly at 553x after bounched from 5463.


Overall our daily and weekly is closed below last week's low and IF...
Attached Image(s) (click to enlarge)
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not euphoria follower
  • #638
  • Aug 28, 2010 10:17am Aug 28, 2010 10:17am
Quoting iqyu5an
Hi SFM family....

Based on weekly candle, imo....it looks that price is rejected by 61 monthly and 50 of fibo january - june 2010. does it show us that this is the bottom of correction for bull continuation ?
Happy weekend all....

Rgds,iqyu

http://www.forexfactory.com/showpost...&postcount=580
http://www.forexfactory.com/showpost...&postcount=632
http://www.forexfactory.com/showpost...&postcount=554
Hi iqyu5an,

Good to see you posting charts with commentary. Yes, we have rejection to the downside off, monthly 61.8 are are currently looking for the 80.9 of that big swing at 1.5880. Will there be bullish continuation? Not sure, but most likely a good period of buying from here. Keep up the good work, and continue to post with explanation.

Blessings!
Hero Traders Live to see their Accounts Die!
  • #639
  • Edited Aug 29, 2010 5:11am Aug 28, 2010 10:57pm | Edited Aug 29, 2010 5:11am
My imo....after rejection by 19.1 monthly fibo , we could see possibily that the price heading up to re test 5800-5900 and 6200-6300 only if she breaks the resistant area at 57xx - 58xx first .Based on 4H and daily candle : we could see that we will see many resistant zones at this level. And based on 4H candle, if this level (57xx - 58xx) stop the bull and push the price down ( without support around 5500-5550 ) then...stay below 543x-547x again ...we could see bearish continuation to re test 50 - year at 527x-528x



Happy weekend

Rgds, iqyu

other note

If we look back : 6200-6300 is our bull tP#2 of our quarter fibo of hi - low of april-june period = http://www.forexfactory.com/showpost...&postcount=284

There is 2 trading days left to close monthly candle, where will the price close monthly candle ?

Time will tell....
Attached Image(s) (click to enlarge)
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Attached Image
not euphoria follower
  • #640
  • Aug 28, 2010 11:00pm Aug 28, 2010 11:00pm
Thank you guru... i'll try ....

Quoting simoneg
Hi iqyu5an,

Good to see you posting charts with commentary. Yes, we have rejection to the downside off, monthly 61.8 are are currently looking for the 80.9 of that big swing at 1.5880. Will there be bullish continuation? Not sure, but most likely a good period of buying from here. Keep up the good work, and continue to post with explanation.

Blessings!
not euphoria follower
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