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  • #390,441
  • Feb 18, 2011 6:01am Feb 18, 2011 6:01am
Many of you are very sure about future PA. This confidence is going to cloud your judgement and make it hard to adopt to the current PA.

Sometimes it's good to open a new, clear chart, forget about history, and take a fresh look at it - how does PA look now, what it's doing now, in this moment.

And change 'PA is going to this or that level' to 'it looks like PA is going....'.
  • #390,442
  • Feb 18, 2011 6:01am Feb 18, 2011 6:01am
Quoting SirMcPip
Viva Las Vegas!
Hero calls followed by margin calls...
  • #390,443
  • Feb 18, 2011 6:02am Feb 18, 2011 6:02am
Quoting essenza
yes but trendline has been broken, hope it just intraday players massive profit taking...though some says that the PA this week is driven by fundamental but it seems the technical play out perfectly until this break.
yes trendline broken & holding so far but yet it can enough retrace here like 3500 without harming bull & at the same time can mimic a false breakout .
this last very fast spike up may retrace enough before further up leavung a big wick there in h1 candle likely .
lets see what happen .now the development may be interesting continue up without almost any retracement or enough of it , double /tripple now top may hold .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 7 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #390,444
  • Feb 18, 2011 6:02am Feb 18, 2011 6:02am
Momentum fades away. Believe 3649 is all we see.

Closed one long @ 3646
  • #390,445
  • Feb 18, 2011 6:05am Feb 18, 2011 6:05am
Quoting T.E.Lawrence
My 1h euro chart:

Attachment
Btw, the above chart is still working.
  • #390,446
  • Feb 18, 2011 6:05am Feb 18, 2011 6:05am
Quoting fontu
yes trendline broken & holding so far but yet it can enough retrace here like 3500 without harming bull & at the same time can mimic a false breakout .
this last very fast spike up may retrace enough before further up leavung a big wick there in h1 candle likely .
lets see what happen .now the development may be interesting continue up without almost any retracement or enough of it , double /tripple now top may hold .
fontu


Very good, Fontu, very good
  • #390,447
  • Feb 18, 2011 6:05am Feb 18, 2011 6:05am
Quoting SirMcPip
Viva Las Vegas!
  • #390,448
  • Feb 18, 2011 6:05am Feb 18, 2011 6:05am
Quoting infinitus
Momentum fades away. Believe 3649 is all we see.

Closed one long @ 3646
lol, maybe, but go back in history and see how many pips EUR moves when ever someone announce rate hikes...

if [when] we cross 3640, then 3720 is a place to park for this week..

cheers..
  • #390,449
  • Feb 18, 2011 6:06am Feb 18, 2011 6:06am
another half an hour to be sucked in...waiting game
  • #390,450
  • Feb 18, 2011 6:06am Feb 18, 2011 6:06am
Quoting infinitus
Momentum fades away. Believe 3649 is all we see.

Closed one long @ 3646
we will see, check my sig
  • #390,451
  • Feb 18, 2011 6:08am Feb 18, 2011 6:08am
rate hike will kill european contry, it wont come for years.
The winner take it all
  • #390,452
  • Feb 18, 2011 6:08am Feb 18, 2011 6:08am
short at 3644.. sl 13 pips.. target 3605
  • #390,453
  • Feb 18, 2011 6:08am Feb 18, 2011 6:08am
Quoting fontu
yes trendline broken & holding so far but yet it can enough retrace here like 3500 without harming bull & at the same time can mimic a false breakout .
this last very fast spike up may retrace enough before further up leavung a big wick there in h1 candle likely .
lets see what happen .now the development may be interesting continue up without almost any retracement or enough of it , double /tripple now top may hold .
fontu
probably, just hope it works out we certainy need news from irish, greece or else at the moment but probably not today.
  • #390,454
  • Feb 18, 2011 6:09am Feb 18, 2011 6:09am
looks like the line in the sand has been drawn and 13650 is not goinh to be allowed.....
  • #390,455
  • Feb 18, 2011 6:09am Feb 18, 2011 6:09am
Nice one, this flag looks nice on M15

Quoting Shah22
short at 3644.. sl 13 pips.. target 3605
  • #390,456
  • Feb 18, 2011 6:09am Feb 18, 2011 6:09am
Quoting infinitus
Momentum fades away. Believe 3649 is all we see.

Closed one long @ 3646
Closed 2nd long @ 3643
  • #390,457
  • Feb 18, 2011 6:10am Feb 18, 2011 6:10am
My charts:

1h:
Attached Image (click to enlarge)
Click to Enlarge Name: h1.png Size: 51 KB


m1:
Attached Image (click to enlarge)
Click to Enlarge Name: m1.png Size: 46 KB
  • #390,458
  • Feb 18, 2011 6:10am Feb 18, 2011 6:10am
ops broke
Quoting hkkhanus
Nice one, this flag looks nice on M15
  • #390,459
  • Feb 18, 2011 6:11am Feb 18, 2011 6:11am
Quoting infinitus
Closed 2nd long @ 3643
wise.
Hero calls followed by margin calls...
  • #390,460
  • Feb 18, 2011 6:11am Feb 18, 2011 6:11am
Quoting PhAnTi'
hope you refer to cable? ^^
yes.
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