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  • #311,581
  • Oct 21, 2010 9:17am Oct 21, 2010 9:17am
Quoting T@rantula
3965-4049. We have a master candle now. As I have stated earlier today a breakout MOMENTUM of ascending bottom triangle has pushed EU to 4049 ( t/p 4050 was hit due to spread). Now if u look at m30 ( most intraday traders take trades on m30 for intraday trading) we have a master candle. It acts as a support and resistance. It needs to retrace a bit. I have a fibo confluence around round number 3950 ( between 50-61.8 fib) and it 5/8 of MM level. Possible retrace there.
this has been validated. Now above 4049 look for 4120 with a round number resistance at 4100
  • #311,582
  • Oct 21, 2010 9:17am Oct 21, 2010 9:17am
Wait before shorting guys....it might shot up hard from there.
I'd wait for reversal candle before shorting...otherwise a new daily high should trigger some new longs
COT: The precious data ignored
  • #311,583
  • Oct 21, 2010 9:17am Oct 21, 2010 9:17am
Yeah - 1.4050 will be a little Speed bump. If we make it, TP is at 1.4185 area.
"As Kids we believe Anything is Possible; the Trick is to never forget it!"
  • #311,584
  • Oct 21, 2010 9:18am Oct 21, 2010 9:18am
do not fight against that beast....it wants to go up...and it will go.....
  • #311,585
  • Oct 21, 2010 9:18am Oct 21, 2010 9:18am
Big boys are much stronger than baby Fed
You cannot learn better without losing
  • #311,586
  • Oct 21, 2010 9:23am Oct 21, 2010 9:23am
Quoting forexings
Big boys are much stronger than baby Fed
Yup... hah
  • #311,587
  • Oct 21, 2010 9:27am Oct 21, 2010 9:27am
Quoting kuroro001
otherwise a new daily high should trigger some new longs
Ofcourse.
  • #311,588
  • Oct 21, 2010 9:28am Oct 21, 2010 9:28am
Quoting reg
do not fight against that beast....it wants to go up...and it will go.....


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Attached Image
  • #311,589
  • Oct 21, 2010 9:29am Oct 21, 2010 9:29am
I sure hope we don't start stalling in this area again... breakit or bounce south... but please, pick a direction!! zzZZZZzzz
  • #311,590
  • Oct 21, 2010 9:29am Oct 21, 2010 9:29am
Quoting reg
do not fight against that beast....it wants to go up...and it will go.....
may be but too much shaky .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 10 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #311,591
  • Oct 21, 2010 9:33am Oct 21, 2010 9:33am
gold looks ready to fall off a cliff
  • #311,592
  • Oct 21, 2010 9:33am Oct 21, 2010 9:33am
The correction ABC point long nice stop1.44~1.45..before major selling coming from that area,might seem pretty far major selling that area... just hold my long until 1.41 area ...
  • #311,593
  • Oct 21, 2010 9:35am Oct 21, 2010 9:35am
The recent upmove since 3965 does not clearly look impulsive. So I suspect that out of this move a new high above 4050 will result. I think it is part of a wave 4 action (where we have concluded wave A down, now wave B up and wave C down to go. But I am not sure. Different meanings on different TF
  • #311,594
  • Oct 21, 2010 9:37am Oct 21, 2010 9:37am
maybe this time..
  • #311,595
  • Oct 21, 2010 9:41am Oct 21, 2010 9:41am
one more push up and im short
  • #311,596
  • Oct 21, 2010 9:43am Oct 21, 2010 9:43am
Quoting mfoste1
one more push up and im short

Don't Hesitate !

Just Draw The Drain !

  • #311,597
  • Oct 21, 2010 9:44am Oct 21, 2010 9:44am
Quoting mfoste1
one more push up and im short
im short at 1.4010 ..
  • #311,598
  • Oct 21, 2010 9:44am Oct 21, 2010 9:44am
no need for fib tool today 100% then 100% down and again and again etc.

dont need a tool for that I'am a big enough tool lol
making green pips large and red pips small this is my goal.
  • #311,599
  • Oct 21, 2010 9:45am Oct 21, 2010 9:45am
Quoting infinitus
The recent upmove since 3965 does not clearly look impulsive. So I suspect that out of this move a new high above 4050 will result. I think it is part of a wave 4 action (where we have concluded wave A down, now wave B up and wave C down to go. But I am not sure. Different meanings on different TF
what timeframe you use?
  • #311,600
  • Oct 21, 2010 9:45am Oct 21, 2010 9:45am
Brazil buying USD right now. May be that's why bull calm
You cannot learn better without losing
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