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Triple taps

  • #461
  • Sep 30, 2010 7:29am Sep 30, 2010 7:29am
Quoting cugir321
I will Malc....

It's all you today!!! Come thru big man!!!
I am watching hard now......
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  • #462
  • Sep 30, 2010 8:06am Sep 30, 2010 8:06am
Quoting malcolmb14
watch tomorrow 10:15 est to 11 est is pomo Expect eu to RIP 100 pip min
Do u mean u expect it to drop 100pips?
  • #463
  • Sep 30, 2010 8:24am Sep 30, 2010 8:24am
Quoting Ph22
Do u mean u expect it to drop 100pips?
up oiff 5800 .... long 100 pip plus

this is INDENTICAL move to Tuesday of this week
down move before POMO .... then pomo happens ( feds put 27 billion out there)

This drove gu 120 pip back off the lows on tuesday
Blogging daily now at www.volume.zone
  • #464
  • Sep 30, 2010 9:03am Sep 30, 2010 9:03am
Quoting malcolmb14
up oiff 5800 .... long 100 pip plus

this is INDENTICAL move to Tuesday of this week
down move before POMO .... then pomo happens ( feds put 27 billion out there)

This drove gu 120 pip back off the lows on tuesday
Still going down???
  • #465
  • Sep 30, 2010 9:05am Sep 30, 2010 9:05am
Quoting JGforex7780
Still going down???
stopped outo n the shake out.

long eu 3620 and au 9700 though , leaving gu for now it is one of the weakest pairs out there
Blogging daily now at www.volume.zone
  • #466
  • Sep 30, 2010 10:29am Sep 30, 2010 10:29am
MALC,

I'm waiting on the e/u long...won't enter until comfirmed by blinking green money sign.....it looks too much like death and destruction.

I don't like free falling without a parachute.
  • #467
  • Edited 6:36pm Sep 30, 2010 5:44pm | Edited 6:36pm
Here's the 1 hr chart...possible good short. Go slow entering....it could go up.

1. 3 taps on top line....it's a channel in a big channel.
2. 25 pips above yesterdays high
3. 1 hr close to turning over down, 4 hr may soon
4. watch 4 hr TDI....if the indicators starts to turn over....then good short
5. Looks like a doji may be forming at top line
6. This is one to watch. If price action starts down and price breaks back down over the line then this should be a decent short.
7. It broke back down right now....watching it a bit
8. Below .9808 or maybe .9800 should mean it's going short,
9. the trend on 1hr, 4hr, d are all up so must be more careful!!! Long term trend is down.
10. The dollar is hurting.....


After looking again....I'll watch U/CHf the least....watch the others E/CHF, GU, G/J....all look very good.
-------------------

E/CHF....looks similiar but med term trend is up. Long term is down. Must be careful because it's 100 pips up to main downward trend line. Three taps right now on top of channel. Price is stopped and tapping a good resistance line.

_________________

G/U looks pretty much up..changing to up is probably a better phrase.....indicators on 1 hr and 4 hr look pretty good. Tapping a bottom line.
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  • #468
  • Sep 30, 2010 6:26pm Sep 30, 2010 6:26pm
This chart is interesting.... 1hr there... 4hr getting there. Looks like a long. Probably tonight. G/j has been passive lately. Maybe tonight we'll get a rocket ship!!!

long to 131.90 a possibility. Triple tap 30 pips ago...with a doji.

7:32 pm eastern USA time...seems to be starting a short term down....should reverse soon.
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  • #469
  • Sep 30, 2010 6:37pm Sep 30, 2010 6:37pm
After looking again....I'll watch U/CHf the least....watch the others

These two

E/CHF - short

G/J - long

...look very good.
  • #470
  • Sep 30, 2010 7:35pm Sep 30, 2010 7:35pm
Quoting cugir321
....I'll watch U/CHf the least....

last night swissy (uc) did 3 taps.. this morning another 3 taps..

will watch GU 3 taps support.. at 15670 area

.
  • #471
  • Sep 30, 2010 7:41pm Sep 30, 2010 7:41pm
Yes been watching them all.....G/U looks to have bottomed out. TDI is bending up on all but daily.

G/J has a triple baby tap on the 30 min. Bottom line.
  • #472
  • Sep 30, 2010 7:55pm Sep 30, 2010 7:55pm
current..
3 taps on EA perhaps? hmm..

..could be a bad idea.. going counter trend
  • #473
  • Sep 30, 2010 8:24pm Sep 30, 2010 8:24pm
Quoting forex3e
current..
3 taps on EA perhaps? hmm..

..could be a bad idea.. going counter trend
You called the baby tap!!! Good one.

All the indicators are looking like that could be a long run. Maybe to 1.4050 or 1.4060
  • #474
  • Oct 1, 2010 8:06am Oct 1, 2010 8:06am
cugir321
current highlights..
counter trend ..
not asking anyone to pick tops but just the way it is right now ..
EU 3 taps 1.3763, AU 3 taps 0.9745
maybe its not worth a mention.. previous EA counter trend not working well

.
  • #475
  • Oct 1, 2010 9:15am Oct 1, 2010 9:15am
Thanks....hope you did well last night.

Yesterday was a mixed bag....E/CHF got me a little....G/J was good but slow...

G/U ended good.

Total -6 for day.

+ 106 pips for week....tough week.

Quoting forex3e
cugir321
current highlights..
counter trend ..
not asking anyone to pick tops but just the way it is right now ..
EU 3 taps 1.3763, AU 3 taps 0.9745
maybe its not worth a mention.. previous EA counter trend not working well

.
  • #476
  • Oct 1, 2010 10:15am Oct 1, 2010 10:15am
You're very good at this. Nice job!!!

Looked at A/U Good call!!! Wish I saw it sooner.

Quoting forex3e
cugir321
current highlights..
counter trend ..
not asking anyone to pick tops but just the way it is right now ..
EU 3 taps 1.3763, AU 3 taps 0.9745
maybe its not worth a mention.. previous EA counter trend not working well

.
  • #477
  • Oct 1, 2010 11:22pm Oct 1, 2010 11:22pm
Been in E/CAD for a bit.

All tf trends up. Indicators all say up. Channel up. Looks like up!

It should be a nice Sunday! I've got a good deep SL in case of a spike and a nice comfortable chair for the ride up.
  • #478
  • Edited Oct 3, 2010 8:28am Oct 2, 2010 10:25pm | Edited Oct 3, 2010 8:28am
Thanks cugir321.. i try my best to spot them as they come when i have the time.. some failures (accord them to counter trend).. some success (accord them to range market).. maybe higher time frame can be offered here rather then just 1hr and 30 minutes..

good luck with your e/cad trade.. price at resistence zone
.
AU
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  • #479
  • Edited 11:14am Oct 3, 2010 9:40am | Edited 11:14am
You can post whatever you like....just post the time frame and let the reader decide.

You are right...counter trends are more dangerous. If they're not monitored you can lose a bit. I will get out early if it goes bad. Or wait for a retrace and do a few creative things.

I will post how I did with the trade I took...if i remember to. There's a lot of threads here that don't.

E/CAD is tapping the bottom line a lot. The overall trend on the 1hr, 4hr, daily was up when I entered. I'll probably win the trade on open today. I'd be surprised if it goes below the bottom channel line.

A/U could be a good one with a few downward candles and some price action. It certainly is a counter trend. One to be very careful with...

Quoting forex3e
Thanks cugir321.. i try my best to spot them as they come when i have the time.. some failures (accord them to counter trend).. some success (accord them to range market).. maybe higher time frame can be offered here rather then just 1hr and 30 minutes..

good luck with your e/cad trade.. price at resistence zone


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AU
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  • #480
  • Oct 3, 2010 7:14pm Oct 3, 2010 7:14pm
The impossible has become possible.. some people laughed at this projection.. position accomplished..

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