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  • #339,981
  • Dec 6, 2010 6:29am Dec 6, 2010 6:29am
Quoting T@rantula
hey lady,

As i stated many times on previous posts. 3300 needs to hold. Either we are in positive reversal or in a continuation decline.

No need to guess. PA will reveal its intention
Hi T@rantula, thanks for your answer. I was typing my question as you posted...
  • #339,982
  • Dec 6, 2010 6:33am Dec 6, 2010 6:33am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Mr Hatch
same situation as thurday... move down with pressure, retest and rise.
Clear break of 1.3300 on Thursday however, this only rose to 1.3300 because of moderate support on 1.3260.

With that in mind, I think it will now drop and break through 1.3260 with said resistance at 1.3300.

Yet, NY open could break for a northerly run if investors feel like prodding at the USD.

This is only my opinion though, I'm currently short with an SL at 1.3320 and TP @ 1.3206.
  • #339,983
  • Dec 6, 2010 6:34am Dec 6, 2010 6:34am
Quoting traderjai_inhi
Nice try!

Also like how you are selling a pack of indicators that you didnt even write for $100 on ebay. Not to mention your systems you are selling.
Too much competition for ff factory lol.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #339,984
  • Dec 6, 2010 6:35am Dec 6, 2010 6:35am
Quoting BrunargarFx
Hi T@rantula, thanks for your answer. I was typing my question as you posted...
No problem...
dont predict. Lets react
  • #339,985
  • Dec 6, 2010 6:36am Dec 6, 2010 6:36am
Quoting PayTheLimit
I'll be watching 3301 on the hourly and 3308 on the 15min on any bounce here.
both tested, now to see the reaction...
Look Sharp/Trade Tight
  • #339,986
  • Dec 6, 2010 6:36am Dec 6, 2010 6:36am
i entered shor on eurusd at the 50% fibo retracement frum the second impulse, there i saw also a confluence with the trendline rejection the candle pattern and the stochastic oscilator which us under 80 level
Attached Image (click to enlarge)
Click to Enlarge Name: shorteurusd.gif Size: 46 KB
  • #339,987
  • Dec 6, 2010 6:39am Dec 6, 2010 6:39am
Quoting PayTheLimit
both tested, now to see the reaction...
Looks closer to go down that a retest of highs. US forex open can kick price up to suck some bulls and confirm the move down when US markets open later. As T mentioned, nothing to do right now, just wait and see.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #339,988
  • Dec 6, 2010 6:39am Dec 6, 2010 6:39am
Quoting PayTheLimit
both tested, now to see the reaction...
I went short at 1.3305
  • #339,989
  • Dec 6, 2010 6:40am Dec 6, 2010 6:40am
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #339,990
  • Dec 6, 2010 6:40am Dec 6, 2010 6:40am
Quoting sisse
Looks closer to go down that a retest of highs. US forex open can kick price up to suck some bulls and confirm the move down when US markets open later. As T mentioned, nothing to do right now, just wait and see.

sisse
I'm still looking for a short setup...
Look Sharp/Trade Tight
  • #339,991
  • Dec 6, 2010 6:41am Dec 6, 2010 6:41am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting apt
Clear break of 1.3300 on Thursday however, this only rose to 1.3300 because of moderate support on 1.3260.

With that in mind, I think it will now drop and break through 1.3260 with said resistance at 1.3300.

Yet, NY open could break for a northerly run if investors feel like prodding at the USD.

This is only my opinion though, I'm currently short with an SL at 1.3320 and TP @ 1.3206.
1.3300 appears to have rejected the movement, this drop should be a clear break of 1.3260.

Let's see, only my opinion
  • #339,992
  • Dec 6, 2010 6:46am Dec 6, 2010 6:46am
Quoting realjumper
Yeap the daily TL was very tempting for a blind entry. I stop trading like that when size made normal drawdowns too much for my stomach to handle.

Well done, are you holding to the daily S and beyond? & good luck managing that short.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #339,993
  • Dec 6, 2010 6:46am Dec 6, 2010 6:46am
the ecb is reported to be buying portuguese bonds atm. www.forexlive.com

this could confirm the inverted h&s you can see on lower tf. no mention as to what extent they're buying.
  • #339,994
  • Dec 6, 2010 6:48am Dec 6, 2010 6:48am
hatch, whats your current view? see any chance of 3186/3195?
Look Sharp/Trade Tight
  • #339,995
  • Dec 6, 2010 6:48am Dec 6, 2010 6:48am
Quoting Mr Hatch
the ecb is reported to be buying portuguese bonds atm. www.forexlive.com

this could confirm the inverted h&s you can see on lower tf. no mention as to what extent they're buying.


Garrrrr!!!! I hate that, I was looking at micro price and I saw that also the inverted h&s, I jump on here and what do I read, I read you posting about the inverted h&s lol

however 1.33 = failure also (so far)
Know when to hold em, Know when to fold em!
  • #339,996
  • Dec 6, 2010 6:52am Dec 6, 2010 6:52am
Quoting PayTheLimit
hatch, whats your current view? see any chance of 3186/3195?
i just added a short at 3305 with sl at be, but before i did, i took partial profit on one and closed another one. i don't know what they're up to right now, there are too many conflicting things and statements floating around.

as i said, a daily close below 319x makes it a whole lot easier.

Quoting goods
Garrrrr!!!! I hate that, I was looking at micro price and I saw that also the inverted h&s, I jump on here and what do I read, I read you posting about the inverted h&s lol

however 1.33 = failure also (so far)
the inverted H&S is something that I see... keep in mind that my vision might be blurred.
  • #339,997
  • Dec 6, 2010 6:52am Dec 6, 2010 6:52am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting goods
Garrrrr!!!! I hate that, I was looking at micro price and I saw that also the inverted h&s, I jump on here and what do I read, I read you posting about the inverted h&s lol

however 1.33 = failure also (so far)
The first 30 minutes of the NY open will tell us a lot.

We will either see a barrier breach of 1.3300 or one of 1.3260.
  • #339,998
  • Dec 6, 2010 6:53am Dec 6, 2010 6:53am
Quoting sisse
Yeap the daily TL was very tempting for a blind entry. I stop trading like that when size made normal drawdowns too much for my stomach to handle.

Well done, are you holding to the daily S and beyond? & good luck managing that short.

sisse
I didn't enter until the DP was broken (3330). SL is at BE....first target will be 3100 (+ or -) and perhaps more depending on pa when (if) we get there.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #339,999
  • Dec 6, 2010 6:53am Dec 6, 2010 6:53am
Quoting apt
The first 30 minutes of the NY open will tell us a lot.

We will either see a barrier breach of 1.3300 or one of 1.3260.
Looking at the longer time frames I wonder whether the EUR could drop much further than just that.
  • #340,000
  • Dec 6, 2010 6:56am Dec 6, 2010 6:56am
Quoting pawpaw1000
Good entry on U/CHF! I'm also wanting to short but need a bit of PA confirmation 1st...
Yap,

Below 0.95 would make a nice pay day.
Mind over matter..I don't mind and you don't matter.
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