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  • #410,701
  • Mar 21, 2011 6:16am Mar 21, 2011 6:16am
Quoting sisse

In any case, well done. In my case, it never reached any buying level to load so...

sisse
Yes thats exactly the case when we have a waterfall and reverse waterfall pattern. In that case the only thing is to go with the trend as PA may give a false correction signals.

That was the case for 4065 short entry on Friday. Reverse waterfall.
  • #410,702
  • Mar 21, 2011 6:16am Mar 21, 2011 6:16am
Quoting T@rantula
4173 first and 2nd entry was exactly 4162. I made an entry early London mate and put s/l 4039 ( 4040 + spread).

Now I am aiming for 4209>4225 levels intraday
Thats what I thought. Those few 20 ticks to H1 support killed any intention to even consider longs .... Nice if it break up and best of luck managing those longs.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #410,703
  • Mar 21, 2011 6:18am Mar 21, 2011 6:18am
Quoting gatorinla
reloaded s 4194
short?
  • #410,704
  • Mar 21, 2011 6:18am Mar 21, 2011 6:18am
Quoting T@rantula
4173 first and 2nd entry was exactly 4162. I made an entry early London mate and put s/l 4039 ( 4040 + spread).

Now I am aiming for 4209>4225 levels intraday
Almost at the same level, 1st buy 4160 & 2nd one 4175
1st PT 4223
Lets see
  • #410,705
  • Mar 21, 2011 6:18am Mar 21, 2011 6:18am
Quoting gatorinla
these 2 are close to chicky's and clogg's also. lets c what happens from now till months close. ill throw out 4195.1 as a important one .. and as a good place for a battle rejection at 42026.. all contained in this tight little area.
?
those who can, do. those who cant, talk about those who can
  • #410,706
  • Mar 21, 2011 6:18am Mar 21, 2011 6:18am
Quoting sisse
Thats what I thought. Those few 20 ticks to H1 support killed any intention to even consider longs .... Nice if it break up and best of luck managing those longs.

sisse
thanks mate.
  • #410,707
  • Mar 21, 2011 6:19am Mar 21, 2011 6:19am
follow my signature for targets 4260 / 4272 ; if breaks 4300 then 4564 r higher to 1.5000

19 March the moon was closest to earth, its pulling euro up with it now. [J/k]
  • #410,708
  • Mar 21, 2011 6:19am Mar 21, 2011 6:19am
Quoting Jagdev
how far do u think will eur/usd go?
14282 first stop. could get very volatile if it goes straight through that.

14282
14333
14362
14449
14582

these are all reversal points where its reversed in the past

we are no scraping the bottom of the barrel going long remember this is way over sold now in the higher timeframes but pairs can remain oversold for ages so those upper levels can be reached
rat
  • #410,709
  • Mar 21, 2011 6:20am Mar 21, 2011 6:20am
Quoting gatorinla
reloaded s 4194
Target & s/l ?

I'm short too (180), targetting 125 s/l 220
  • #410,710
  • Mar 21, 2011 6:20am Mar 21, 2011 6:20am
Quoting T@rantula
short?
yep
those who can, do. those who cant, talk about those who can
  • #410,711
  • Mar 21, 2011 6:21am Mar 21, 2011 6:21am
Usually characterized by direct rise ( reverse watrefall ) or direct fall ( waterfall).

The common mistake is to counter these PA as it may lead to a significant loss. Ill try to explain that later today.
  • #410,712
  • Mar 21, 2011 6:22am Mar 21, 2011 6:22am
I got deja vue
didnt trichet speak causing the fast move to 4280 followed by an immediate 200 pip drop ,that was the first time i ever saw this pair move about 100 pips up then 200pips down in a matter of minutes.
I will never forget that .

A few traders explained at the time why but i cant remember ,anyhow lets see what happens .
Very interested in the reaction in 30 minutes.

How long can his repeated comments pump this up.
Without actual rate rise.?
making green pips large and red pips small this is my goal.
  • #410,713
  • Mar 21, 2011 6:23am Mar 21, 2011 6:23am
Quoting hindustani
follow my signature for targets 4260 / 4272 ; if breaks 4300 then 4564 r higher to 1.5000

19 March the moon was closest to earth, its pulling euro up with it now. [J/k]
Eur Index is 2 pips from last week high, break and we zoom
  • #410,714
  • Mar 21, 2011 6:23am Mar 21, 2011 6:23am
Quoting profx
Target & s/l ?

I'm short too (180), targetting 125 s/l 220
my sl.. im playing it by ear. 1.2
those who can, do. those who cant, talk about those who can
  • #410,715
  • Mar 21, 2011 6:25am Mar 21, 2011 6:25am
Quoting rattyo
14282 first stop. could get very volatile if it goes straight through that.

14282
14333
14362
14449
14582

these are all reversal points where its reversed in the past

we are no scraping the bottom of the barrel going long remember this is way over sold now in the higher timeframes but pairs can remain oversold for ages so those upper levels can be reached
i see..
thanks buddy
  • #410,716
  • Mar 21, 2011 6:26am Mar 21, 2011 6:26am
$ index is trading well below 2010 low and is looking as if it wants to achieve 2009 low.

considering that i have doubts of a move to 1.5000 in march this year.
  • #410,717
  • Mar 21, 2011 6:26am Mar 21, 2011 6:26am
Quoting gatorinla
my sl.. im playing it by ear. 1.2
ok.
  • #410,718
  • Mar 21, 2011 6:28am Mar 21, 2011 6:28am
Quoting T@rantula
Easy trading today. Stops should be around 4038. Buying on dips. Level to watch 4209>4225.

On weekly basis 4281. EU is bound to retest it.
how did you come up with these numbers?

tnx!
Everyone has a plan 'till they get punched in the mouth.
  • #410,719
  • Mar 21, 2011 6:30am Mar 21, 2011 6:30am
for me the bulls need a good close above 4203 still, otherwise a drift back to towards 4163/67 or so does't surprise me...in any even, going out for bit, good luck PTL...
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  • #410,720
  • Mar 21, 2011 6:31am Mar 21, 2011 6:31am
...nice one gator...
Look Sharp/Trade Tight
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