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  • #377,681
  • Feb 2, 2011 3:23am Feb 2, 2011 3:23am
Quoting cloggie
Why is everyone here ignoring the bearish butt on the H1? We are looking at 3738 based on that and I will just be selling the rallies. All TF's sub H4 are pointing down right now.

A trend is only a trend until it isn't
agree
Verily, in every difficulties there is relief
  • #377,682
  • Feb 2, 2011 3:27am Feb 2, 2011 3:27am
AGREED

Quoting cloggie
Why is everyone here ignoring the bearish butt on the H1? We are looking at 3738 based on that and I will just be selling the rallies. All TF's sub H4 are pointing down right now.

A trend is only a trend until it isn't
Trade what you see, Not what you think.
  • #377,683
  • Feb 2, 2011 3:31am Feb 2, 2011 3:31am
Thats Forex..
Nothing Is Clear
Every thing base on probablities...

Quoting brtnspain
What do you think do we have a clear way to test .379 now?
Trade what you see, Not what you think.
  • #377,684
  • Feb 2, 2011 3:32am Feb 2, 2011 3:32am
Hi Cloggie,
I agree, I have 1.379 as target no.1 for today. If it goes below, 1.374 should follow.

On what basis will you set up a long trend from there? Will you buy the dip? Or are you still undecided?


Quoting cloggie
Why is everyone here ignoring the bearish butt on the H1? We are looking at 3738 based on that and I will just be selling the rallies. All TF's sub H4 are pointing down right now.

A trend is only a trend until it isn't
  • #377,685
  • Feb 2, 2011 3:33am Feb 2, 2011 3:33am
Khizer you are spot on. It is all about probabilities. It is just about trying to tip the probabilities in your favour.
Trade price action
  • #377,686
  • Feb 2, 2011 3:33am Feb 2, 2011 3:33am
On H4 i m waiting the close below 3807 then the next will be 3777, 3743 and 3709..

On short term expecting a bounce towards 3833-35 area..
  • #377,687
  • Feb 2, 2011 3:33am Feb 2, 2011 3:33am
Quoting khizer
Thats Forex..
Nothing Is Clear
Every thing base on probablities...
well said.

thats the trickie thing with this business
Hero calls followed by margin calls...
  • #377,688
  • Feb 2, 2011 3:34am Feb 2, 2011 3:34am
Quoting Shah22
On H4 i m waiting the close below 3807 then the next will be 3777, 3743 and 3709..

On short term expecting a bounce towards 3833-35 area..
hmm dont like h4 closes cause we do all have different ones ^^

h1 better
Hero calls followed by margin calls...
  • #377,689
  • Feb 2, 2011 3:34am Feb 2, 2011 3:34am
cable just killed 6200.

sick sick
Hero calls followed by margin calls...
  • #377,690
  • Feb 2, 2011 3:35am Feb 2, 2011 3:35am
Quoting PayTheLimit
Keeping an eye on 3818, hourly close below there may bring a better correction...
still, might take a long against it...
Look Sharp/Trade Tight
  • #377,691
  • Feb 2, 2011 3:35am Feb 2, 2011 3:35am
Quoting PhAnTi'
Infiiiii, you damn elliot fanatic

could clarify with a chart? that would be pretty kind
Hi Phanti,

LOL, sorry can not provide a chart yet. Sitting in a lecture on a congress and have only my XDA available. No charting with it :-(

In the last swing up last night up to 3862 there was a 5 wave move. Wave 3 reached 3835, the following wave 4 3813. Then up for wave 5 to end at 3862.

This 5 wave move was wave 3 of one degree higher. Waves are fractal. The following wave 4 (the wave we are building right now) will correct the advance of wave 3 to a certain degree. Oftentimes it goes back to the end of a previous wave 4 (that would be the mentioned 3813), but sometimes it will go back into the heart of the previous wave 3 to the point of reckognition. That could be the area between 3770 and 3800 (hard to say, because all the impulses up since days do look more corrective than impulses - but that is "normal" in impulses that are part of a correction - all looks a little bit muddy).

Hope this helps. Maybe Fontu can provide a chart of that what I mean :-)
  • #377,692
  • Feb 2, 2011 3:36am Feb 2, 2011 3:36am
Quoting PhAnTi'
cable just killed 6200.

sick sick
yep, watched the news take that out without a breath
  • #377,693
  • Feb 2, 2011 3:38am Feb 2, 2011 3:38am
i am short... keep an eye on that up TL; if broken further entry points.. if it holds go long
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  • #377,694
  • Feb 2, 2011 3:39am Feb 2, 2011 3:39am
long 3819
  • #377,695
  • Feb 2, 2011 3:40am Feb 2, 2011 3:40am
Quoting infinitus
Hi Phanti,

LOL, sorry can not provide a chart yet. Sitting in a lecture on a congress and have only my XDA available. No charting with it...
thank you for this statement
so 3792 might good point for reversal again.

lets see

anyway....keep listen to the congreess' words

Phanti
Hero calls followed by margin calls...
  • #377,696
  • Feb 2, 2011 3:41am Feb 2, 2011 3:41am
Quoting snatch
i am short... keep an eye on that up TL; if broken further entry points.. if it holds go long
anna did you buy eurusd once this year?

im sidelined...
Hero calls followed by margin calls...
  • #377,697
  • Feb 2, 2011 3:41am Feb 2, 2011 3:41am
Be Carefull Dear!

Quoting fx111
long 3819
Trade what you see, Not what you think.
  • #377,698
  • Feb 2, 2011 3:42am Feb 2, 2011 3:42am
Quoting PhAnTi'
anna did you buy eurusd once this year?

im sidelined...
i told you to go long last night from 3815!
  • #377,699
  • Feb 2, 2011 3:42am Feb 2, 2011 3:42am
I think we could just range until ADP Non-Farm Employment Change.
  • #377,700
  • Feb 2, 2011 3:43am Feb 2, 2011 3:43am
Bounce
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