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  • #417,761
  • Apr 5, 2011 2:23am Apr 5, 2011 2:23am
Scalping the cable down now... atm is at maximum resistance for the daily pivots... 1.62360 R3

with nearly 1600 pips range !!!
  • #417,762
  • Apr 5, 2011 2:25am Apr 5, 2011 2:25am
Quoting FibbinArchie
no weekly, that's a multi-year trend line... and look at the bars on the up moves compared to the down moves, impulse or corrective?
On which TF? Yeah you're right it is weekly chart: What's the exact point you have EU weekly trend? Hard to tell on big weekly chart to hit the top of the candles... but mine is ~1.429.... but yeah, makes perfect sense why market is stalling.....
  • #417,763
  • Apr 5, 2011 2:26am Apr 5, 2011 2:26am
Quoting FibbinArchie
what has caused this mass exodus, aside from the bickering that is nothing new on this thread?
Well I guess they got tired from one reason or the other. Posts like the one above (the last answer to my post) are self explanatory ...you scratch the surface to have a decent discussion and either the bickering starts or they go to the tangent....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #417,764
  • Apr 5, 2011 2:29am Apr 5, 2011 2:29am
Quoting TradeBugger
On which TF? Yeah you're right it is weekly chart: What's the exact point you have EU weekly trend? Hard to tell on big weekly chart to hit the top of the candles... but mine is ~1.429.... but yeah, makes perfect sense why market is stalling.....
daily, weekly or monthly, for the past three years when it comes down it means business...

fundamentally euro is very weak, this rally is being supported by dollar side quantitative easing, if the fed pull the rug on it, then hold on to yer hats...
  • #417,765
  • Apr 5, 2011 2:30am Apr 5, 2011 2:30am
Quoting sisse
Well I guess they got tired from one reason or the other. Posts like the one above (the last answer to my post) are self explanatory ...you scratch the surface to have a decent discussion and either the bickering starts or they go to the tangent....

sisse
that is a great shame sisse...
  • #417,766
  • Apr 5, 2011 2:33am Apr 5, 2011 2:33am
Quoting FibbinArchie
what has caused this mass exodus, aside from the bickering that is nothing new on this thread?
And who is starting all this bickering, you smartaliks. If you dont like a post, just ignore it. I am not interested being part of your nonsensical fanclubs.
  • #417,767
  • Apr 5, 2011 2:35am Apr 5, 2011 2:35am
Quoting SirMcPip
And who is starting all this bickering, you smartaliks. If you dont like a post, just ignore it. I am not interested being part of your nonsensical fanclubs.
since when have I ever gotten involved in it?
  • #417,768
  • Apr 5, 2011 2:35am Apr 5, 2011 2:35am
Quoting SirMcPip
What should i discuss with you buddy . You are way too smart ..Cheers!
And ignored, 1+
  • #417,769
  • Apr 5, 2011 2:37am Apr 5, 2011 2:37am
Top of the descending Channel.......................

Might make sense ..................
Attached Image (click to enlarge)
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  • #417,770
  • Apr 5, 2011 2:37am Apr 5, 2011 2:37am
hi all still the same shitt no break no shake

market is waiting for feds

cable is so sweet today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1d eur.gif Size: 22 KB
Click to Enlarge Name: 1d dixy.gif Size: 20 KB
  • #417,771
  • Apr 5, 2011 2:38am Apr 5, 2011 2:38am
Quoting FibbinArchie
since when have I ever gotten involved in it?
Sorry buddy, i quoted the wrong text...i actually meant the other guy, dont know how to correct it though, my apologies!
  • #417,772
  • Apr 5, 2011 2:39am Apr 5, 2011 2:39am
Quoting Munal
Top of the Bearish Channel.......................

Might make sense ..................
still waiting for hard shakeout, soft reversal is unlikely imo, especially with ecb rates out on thursday, reckon market is waiting for the reaction...
  • #417,773
  • Apr 5, 2011 2:39am Apr 5, 2011 2:39am
Quoting Munal
Top of the descending Channel.......................

Might make sense ..................
It might break up from the descending channel first....then only head back down after a few weeks.....

who knows...
  • #417,774
  • Apr 5, 2011 2:40am Apr 5, 2011 2:40am
Quoting SirMcPip
Sorry buddy, i quoted the wrong text...i actually meant the other guy, dont know how to correct it though, my apologies!
no need to apologise...
  • #417,775
  • Apr 5, 2011 2:42am Apr 5, 2011 2:42am
Quoting FibbinArchie
still waiting for hard shakeout, soft reversal is unlikely imo, especially with ecb rates out on thursday, reckon market is waiting for the reaction...

you reckon we will get a hard spike up on euro?
rat
  • #417,776
  • Apr 5, 2011 2:44am Apr 5, 2011 2:44am
Gotta say Fibb I've been watching the same weekly trendline for a couple of weeks now. I'm hoping we're right and that trendline proves to be a nice brick wall, if so, then time to make money on the down slope.

Most of my lower time frame indications are beginning to line up to show a drop coming up, but I'm too new into this game to say for absolutely certain.
I operate with clear definite rules, if I break them I lose BIG!
  • #417,777
  • Apr 5, 2011 2:45am Apr 5, 2011 2:45am
Quoting rattyo
you reckon we will get a hard spike up on euro?
well if history is anything to go by, just thinking back to 4th nov and subsequent sell off and that was on a qe announcement if I remember correctly...
  • #417,778
  • Apr 5, 2011 2:47am Apr 5, 2011 2:47am
GBP is playing it behind EU;s back.

GU and EG having fun today
  • #417,779
  • Apr 5, 2011 2:48am Apr 5, 2011 2:48am
one more chart to go
Attached Image (click to enlarge)
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  • #417,780
  • Apr 5, 2011 2:49am Apr 5, 2011 2:49am
Quoting FibbinArchie
well if history is anything to go by, just thinking back to 4th nov and subsequent sell off and that was on a qe announcement if I remember correctly...
thats why its a mugs game picking top and bottoms so many tricks are played to take people out.
Crude is one of the best for spiking you out.
rat
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