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EURUSD

  • #288,741
  • Sep 3, 2010 11:07am Sep 3, 2010 11:07am
Quoting sisse
I see your trading style but may I ask why so many S/R lines? especially if you said that there are based on a weekly chart.

sisse
my weekly chart in this platform show chart from 2008. all major wick and tail of candle are taken and horizontal lines drawn.......
The lines are colloborated with pivots and weekly/daily open and close line price( use a indicator for that) .
peace
  • #288,742
  • Sep 3, 2010 11:08am Sep 3, 2010 11:08am
i have a couple of trendlines at that area, a Resistance and it has the power of the round figure, yet no one talking about that as a possible R...

after that i have 922 and that would make atr around average levels...

would appreciate your comments on these levels.

thanks

hapipipin
dreams do come true.
  • #288,743
  • Sep 3, 2010 11:10am Sep 3, 2010 11:10am
Quoting Srikanth
my god....now it's 1000% confirmed that it will test 1.2984 and once it breaks we'll see 1.3210

my advice to shorters to close the positions here itself.
rejected so far...
  • #288,744
  • Sep 3, 2010 11:11am Sep 3, 2010 11:11am
Quoting Srikanth
my god....now it's 1000% confirmed that it will test 1.2984 and once it breaks we'll see 1.3210

my advice to shorters to close the positions here itself.
Looks more like a double top at the moment.

Daily R1 at 1.2888

Weekly R2 at 1.2901
  • #288,745
  • Sep 3, 2010 11:16am Sep 3, 2010 11:16am
Quoting Srikanth
my god....now it's 1000% confirmed that it will test 1.2984 and once it breaks we'll see 1.3210

my advice to shorters to close the positions here itself.
Well me see it is going down to give the closing below 2849..and if so then i think can be dangerous for long too..anyway i will take another short opportunity if it hits 2891
  • #288,746
  • Sep 3, 2010 11:20am Sep 3, 2010 11:20am
Quoting gatorinla
measure it with a fib
hi gator..had a quick look at the daily and monthly fibs.

is this what u mean? the first chart is the daily fib with next fib at 23.6% 1.2990

2nd chart i see significance level at 38.2% fib around 1.3043

pls advise... thanks!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: fib.png Size: 102 KB
Click to Enlarge Name: monthlyfib.png Size: 112 KB
  • #288,747
  • Sep 3, 2010 11:22am Sep 3, 2010 11:22am
Quoting egkid
Make u r move dear Market
http://www.youtube.com/watch?v=mnqj3...layer_embedded
DA DA DA, I enjoy Playing chess
My view and could b wrong
IF today close above 29 that prove bull in control for Next week.
  • #288,748
  • Sep 3, 2010 11:28am Sep 3, 2010 11:28am
Quoting Shah22
Well me see it is going down to give the closing below 2849..and if so then i think can be dangerous for long too..anyway i will take another short opportunity if it hits 2891
love your trading style and mostly your short are correct.......think you could have made more pips by flowing with the momentum.
Peace
  • #288,749
  • Sep 3, 2010 11:30am Sep 3, 2010 11:30am
Quoting mokonni
Looks more like a double top at the moment.

Daily R1 at 1.2888

Weekly R2 at 1.2901

1.2910/1.2930/1.2960 ahead....just wait and see....
  • #288,750
  • Sep 3, 2010 11:32am Sep 3, 2010 11:32am
We're due for a correction. I went short on R2
  • #288,751
  • Sep 3, 2010 11:38am Sep 3, 2010 11:38am
http://chart.ly/mv4x7fg (chart) - Price has been caught inside of this bullish wedge (H4), I think a huge short may be in the works
  • #288,752
  • Sep 3, 2010 11:38am Sep 3, 2010 11:38am
Quoting Srikanth
my god....now it's 1000% confirmed that it will test 1.2984 and once it breaks we'll see 1.3210

my advice to shorters to close the positions here itself.
with low liquidity everything can happen, no banks on Monday, I doubt it'll break.
  • #288,753
  • Sep 3, 2010 11:39am Sep 3, 2010 11:39am
Quoting kitiara
hi gator, could u please give me a quick explanation of how you came to that conclusion? that 2871 has a meaning? i looked at monthly candle chart but could not really derive it myself..thanks alot..
maybe 2871 it is that meaning too!
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-09-03_eur-usd.jpg Size: 261 KB
  • #288,754
  • Sep 3, 2010 11:39am Sep 3, 2010 11:39am
Quoting manojsai
love your trading style and mostly your short are correct.......think you could have made more pips by flowing with the momentum.
Peace
so nice of you brother mostly all the day i do scalping for 5-10 pips only..after that me calculate my pips if i m in profit and feel that have a capability to loose 20-25 pips in a single trade.. then me trade for some more pips.. According to me if we know well how to manage our money and also do like that then we are not a looser in this market.. Wish you good luck in everything
  • #288,755
  • Sep 3, 2010 11:42am Sep 3, 2010 11:42am
EURUSD has proved too strong today. Holding a short from 1.2860.
  • #288,756
  • Sep 3, 2010 11:45am Sep 3, 2010 11:45am
anyone seeing a bearish divergence in MACD? I think a big short is coming next week... Any thoughts?
  • #288,757
  • Sep 3, 2010 11:46am Sep 3, 2010 11:46am
Quoting Atlast
EURUSD has proved too strong today. Holding a short from 1.2860.
i did the same
  • #288,758
  • Sep 3, 2010 12:00pm Sep 3, 2010 12:00pm
What is the experience on Monday holidays in USA? Does London and Tokyo trade pretty normally from 7 - 10 GMT even though Monday is a US holiday?
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #288,759
  • Sep 3, 2010 12:04pm Sep 3, 2010 12:04pm
Quoting LarianVonLich
i did the same
it looks to be going higher.
  • #288,760
  • Sep 3, 2010 12:11pm Sep 3, 2010 12:11pm
Quoting Atlast
it looks to be going higher.
I am also short and it seems to be stalled at 1.2888.

Possibly it will not get past there. I do not have that as a resistance on my chart but it may be.
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