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  • #381,261
  • Feb 7, 2011 12:40pm Feb 7, 2011 12:40pm
Hope everyone is doing well today...
I collect over 200 PIPS
hate to go short now ....look like the trend is up...
  • #381,262
  • Feb 7, 2011 12:40pm Feb 7, 2011 12:40pm
Quoting gatorinla
Y? its resistance now. bulls will try to close above.. bears will not like that idea... they should be digging in. 3561 is a minor s/r level..
Daily roll is a Major S/R level...3561/3562

Hourly close above turns the day around and then expect the bulls to be kicking...

As of current, this level is just a short load op....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #381,263
  • Feb 7, 2011 12:41pm Feb 7, 2011 12:41pm
right...


Quoting gatorinla
Y? its resistance now. bulls will try to close above.. bears will not like that idea... they should be digging in. 3561 is a minor s/r level..
Trade what you see, Not what you think.
  • #381,264
  • Feb 7, 2011 12:43pm Feb 7, 2011 12:43pm
Quoting disegnosys
I wish I could but sometimes you just don't know what the hell is going on.
SOMETIMES???

Dude, half the time at my trade station I sit blowing bubbles in my spit...

I don't wanna give nothing away here, but the smart trader will find the iggy button and attach it to my handle...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #381,265
  • Feb 7, 2011 12:46pm Feb 7, 2011 12:46pm
Quoting Sunsi
Expecting that, this hour?

May I ask why? Why would it break trough 1.3572.
i expect to be fooled. indications is it will go a little lower maybe 55 before 81.. .. i look for the entry if or when it gets there with confirmation, that it will turn. it may or may get there. but it will do it on its time. not mine. im just a parasite looking for a easy meal. i just wait. its cheaper then chasing.
those who can, do. those who cant, talk about those who can
  • #381,266
  • Feb 7, 2011 12:46pm Feb 7, 2011 12:46pm
Short now
1.3567
SL 1.3580
TP 1.3540
  • #381,267
  • Feb 7, 2011 12:47pm Feb 7, 2011 12:47pm
inverted H&S on 15min... waiting for confirmation
  • #381,268
  • Feb 7, 2011 12:48pm Feb 7, 2011 12:48pm
Quoting prezd
Looks like an inverted H&S on m15.
so technicaly it should build to at least 3583.

still i don;t think we got the volume for that.
hmm, i'm having targets as 3605/3665..much possible figures now. some action is pending for london session. Now it's gonna range.
  • #381,269
  • Feb 7, 2011 12:48pm Feb 7, 2011 12:48pm
Quoting PriceVolume
Let's see if the algos can supply us with a vapor ramp job to get us there...
i think 73 is a minor trigger. trying to figure it out. 23 and 73
those who can, do. those who cant, talk about those who can
  • #381,270
  • Edited 11:29pm Feb 7, 2011 12:50pm | Edited 11:29pm
http://gyazo.com/44321a1820b6096bb86e6914e83edca4.png
  • #381,271
  • Feb 7, 2011 12:50pm Feb 7, 2011 12:50pm
Quoting gatorinla
i expect to be fooled. indications is it will go a little lower maybe 55 before 81.. .. i look for the entry if or when it gets there with confirmation, that it will turn. it may or may get there. but it will do it on its time. not mine. im just a parasite looking for a easy meal. i just wait. its cheaper then chasing.
Thanks for answer!

But I don`t understand why 1.3581 now is the target, while 1.3572 seems to be a strong resistance.

As I view it, it is likely to range some between 1.3572, and 1.3552 for some time now.
What are your view on my view ?
  • #381,272
  • Feb 7, 2011 12:52pm Feb 7, 2011 12:52pm
Quoting fxcg
hmm, i'm having targets as 3605/3665..much possible figures now. some action is pending for london session. Now it's gonna range.
mine are 3607 and 3646, but with a little speed might reach 3670 :-)
  • #381,273
  • Feb 7, 2011 12:53pm Feb 7, 2011 12:53pm
Quoting Magix
Another excellent question...To which I will answer with words vs dropping down a couple charts...

The movements since the open of NY session haven't just been about the strengths and weakness of the Euro vs the USD but also the strength of Euro vs GBP and GBP vs USD...

Get ready to cross your eyes, cuz without a visual, my description will prolly confuse the hell outa ya...

Where Cable has refused to close an hourly candle below daily roll over, Fiber has refused to close above....
monkey wrench... uk has 5% inflation.. they will be forced to raise sooner then triciet who sees no evil speaks no evil. eg may be a better bet.
those who can, do. those who cant, talk about those who can
  • #381,274
  • Feb 7, 2011 12:54pm Feb 7, 2011 12:54pm
Quoting Magix
Daily roll is a Major S/R level...3561/3562

Hourly close above turns the day around and then expect the bulls to be kicking...

As of current, this level is just a short load op....

hey

u roll is at 4est or 5 est wise man mine 87
  • #381,275
  • Feb 7, 2011 12:55pm Feb 7, 2011 12:55pm
Quoting fxcg
hmm, i'm having targets as 3605/3665..much possible figures now. some action is pending for london session. Now it's gonna range.

i capped it with the upper TL @ 3583
and taken in consideration low volume after London close.
  • #381,276
  • Feb 7, 2011 12:56pm Feb 7, 2011 12:56pm
Quoting kill56
hey

u roll is at 4est or 5 est wise man mine 87
5est.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #381,277
  • Feb 7, 2011 12:56pm Feb 7, 2011 12:56pm
Quoting Magix
Daily roll is a Major S/R level...3561/3562

Hourly close above turns the day around and then expect the bulls to be kicking...

As of current, this level is just a short load op....
depends on your rollover time.. thats how they fool us.. we all have different brokers spitting out different candles at different times.
those who can, do. those who cant, talk about those who can
  • #381,278
  • Feb 7, 2011 12:57pm Feb 7, 2011 12:57pm
Quoting prezd
i capped it with the upper TL
and taken in consideration low volume after London close.
Algos are active and haven't given up yet. We're likely going to get at least a decent headfake North. We'll see...
  • #381,279
  • Feb 7, 2011 12:59pm Feb 7, 2011 12:59pm
Quoting infinitus
mine are 3607 and 3646, but with a little speed might reach 3670 :-)
hmm, 3640 is also an interesting level to watchout but i don't think it's gonna stop the momentum. 3670 is the key level now for me atleast.
  • #381,280
  • Feb 7, 2011 1:00pm Feb 7, 2011 1:00pm
Well for me its been all about 3552/87 since friday, and its given some good clues so I'm sticking with it. We are entering in from the bottom now, so I would need to see a 30min/1hr close above 3587 to turn shorterm bullish/neutral.
Look Sharp/Trade Tight
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