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  • #305,501
  • Oct 13, 2010 2:41am Oct 13, 2010 2:41am
  •  jet4x
  • | Joined Aug 2010 | Status: slow & steady turtle wins the race | 168 Posts
Quoting almubashir
morning all,
I think I see flat top on the 1hr TF. any opinion anyone, what is the implication of this....trying to get the hang of things.
im long since 3910....looking for 4010.....will put another long now....
  • #305,502
  • Oct 13, 2010 2:42am Oct 13, 2010 2:42am
A bad situation for bulls is that london is unable to make new high or a new high hourly close.
New high and there is a high probability of going back to 1,4020
COT: The precious data ignored
  • #305,503
  • Oct 13, 2010 2:43am Oct 13, 2010 2:43am
Quoting FibbinArchie
Why 4030? Ignoring the technicals for a second, and if you're up there, why not go for stops?
4030 is a 6/8 MM extension ( strong reverse point). Also my swing trade @ h4 gets a good projection up there. Currently i am 120 pips in profit on that trade. I If u had entered long around 3940 when I posted the last message u would have been around 30 pips in plus atm
  • #305,504
  • Oct 13, 2010 2:43am Oct 13, 2010 2:43am
Hi folks, it is me again (fell out of my bed with this thought),

to keep the leading diagonal alive, we do not need to respect the trendline drawn from the top of 1.4029 and wave 2 at 1.4010

Only condition is, that we stay under the top of 1.4029
  • #305,505
  • Oct 13, 2010 2:46am Oct 13, 2010 2:46am
Bullshit again ! ok ,usdx likely fall to the bottom again before any bounce or continue bear to 76.88 m now 77.11 & hence eu may to go up 3999 or litle up before retracement chance perhaps or continue bull .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx1.gif Size: 11 KB
Click to Enlarge Name: eu2.gif Size: 8 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #305,506
  • Oct 13, 2010 2:46am Oct 13, 2010 2:46am
Almost pulled the trigger on a long there, but I held off, I'll wait for a little more positive PA. That last bar didnt sell me.
Look Sharp/Trade Tight
  • #305,507
  • Oct 13, 2010 2:46am Oct 13, 2010 2:46am
Guys 3980 is a very strong prior resistance once it breaks that we should have a free north expressway. Besides we havn't had any retracement from the uptrend yesterday..hmm. we should expect one as well

Good luck
  • #305,508
  • Oct 13, 2010 2:47am Oct 13, 2010 2:47am
thinking to go short around 1,4015 and 1,4025 what you think of that guys?
  • #305,509
  • Oct 13, 2010 2:47am Oct 13, 2010 2:47am
Quoting mercy seat
Congrats ... I am long since yesterday too ... although unwinded in the time between ... but we will re-load long again ...

Good Luck!



Congratulations to u too and ty
  • #305,510
  • Oct 13, 2010 2:50am Oct 13, 2010 2:50am
Wonder what/who lurkes at even this time....strong hourly close in the works
Look Sharp/Trade Tight
  • #305,511
  • Oct 13, 2010 2:52am Oct 13, 2010 2:52am
Quoting PayTheLimit
Wonder what/who lurkes at even this time....strong hourly close in the works
It's a matter of time before it goes higher...london cleared the upside....i'm ready
COT: The precious data ignored
  • #305,512
  • Oct 13, 2010 2:53am Oct 13, 2010 2:53am
I'm sure he'll feel better....
Attached Image
"If The Fool persists in his Folly he will become wise." - William Blake
  • #305,513
  • Oct 13, 2010 2:53am Oct 13, 2010 2:53am
Quoting T@rantula
4030 is a 6/8 MM extension ( strong reverse point). Also my swing trade @ h4 gets a good projection up there. Currently i am 120 pips in profit on that trade. I If u had entered long around 3940 when I posted the last message u would have been around 30 pips in plus atm

hello tarantula,
did you see my PM? would appreciate if you could reply sir/ma
thanks..... whats our projection for the day, think this Northern choo choo will continue till 4038?
  • #305,514
  • Oct 13, 2010 2:54am Oct 13, 2010 2:54am
seems like were all ready
Look Sharp/Trade Tight
  • #305,515
  • Oct 13, 2010 2:55am Oct 13, 2010 2:55am
After that candle close i am going in long
  • #305,516
  • Oct 13, 2010 2:55am Oct 13, 2010 2:55am
The aussies and asians were bullish.
hopefully londoners bullish and if we lucky the americans.
making green pips large and red pips small this is my goal.
  • #305,517
  • Oct 13, 2010 2:55am Oct 13, 2010 2:55am
Damn, that is more exciting than nearly everything

Will the top hold?
  • #305,518
  • Oct 13, 2010 2:55am Oct 13, 2010 2:55am
Quoting Pipwanderer
After that candle close i am going in long

might be too late then
  • #305,519
  • Oct 13, 2010 2:57am Oct 13, 2010 2:57am
Name of the game after London open is:

"Hey, lets climb this up around 1.3990 and then shoot 20 pips candle uphill, none expects that i am sure"

Look for long 5/15 min candle starting close to 1.3990, crossing and closing at least 1.4005/10 and then likely continuation.
They think they are smarter than I am.
  • #305,520
  • Oct 13, 2010 2:57am Oct 13, 2010 2:57am
Quoting Larseg
might be too late then
from experience i try to be conservative 15 minute candle tho
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