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  • #439,701
  • May 11, 2011 8:01am May 11, 2011 8:01am
Quoting Tania
That's true It's different but you care about your broker at the time of opening 4 hour Candle ,cause if the direction be strong enough no matter 5 or 10 Min. differences and it keeps on that way to touch next level as i said that level
Ok, Tania

thanks for your insight
  • #439,702
  • May 11, 2011 8:03am May 11, 2011 8:03am
4387 long
  • #439,703
  • May 11, 2011 8:04am May 11, 2011 8:04am
Quoting aizazk
haha
Not really. The USD is complicated. On a larger scale the US is a reflection of global health. It is also still a safe haven currency for many. So, if BAD news comes out for the US Economy, investors bail on their stock and put there money "safely" into the USD (CHF and Gold as well). This is Risk Aversion, and creates a high demand for USD. Sell EURUSD

Conversely, if the US Economy is doing well according to the News, then the USD loses value as it is being traded for stocks and other investments, increasing Supply of USD. Buy EURUSD

Now, if it were that simple, I would already have my mil.

My advice ... Wait at least 5-10 minutes after the news and see what the banks decided to do. Then take the ride.

Sam
  • #439,704
  • May 11, 2011 8:05am May 11, 2011 8:05am
Quoting Tania
Hi forthy
As i suggested before "Sell signals" around 1.44 when pair heading up
You can see it got back that level i said, and then toward my T/P1 and now very close to T/P2
but right now it is not a good level for sell position and you have to wait for 4 hour Candle to open under 1.4371 then decide for opening Short position otherwise you are facing with ranging between 1.4380-1.4435
Very very good signal, Tania ! Who do you consult - Nostradamus ?

Keep it up ! Good Luck and Cheers !
  • #439,705
  • May 11, 2011 8:10am May 11, 2011 8:10am
Quoting Shadip
Teach me

Or write a book. I'm using the 20 pip gaps with 10 pip midlines atm, its good for my strat, but I can't put them in till you post the actuall lines
Start with a 15M chart and manually draw your sup/res lines , switch to 5M chart and do the same.

Now look for price patterns on 5M chart around levels you may have missed or that may not be that obvious.

Look for a 20 pip spacing between the lines and don`t worry if the lines cut of 2-4 pips of wicks, it is NOT crucial.

There is no special trick, all it takes is some screentime and a bit of work.

Once you have the lines on the chart, leave them on or save a template.
Often the levels from 2-3 days ago will be valid today.
" Never let the past hold the future to ransom "
  • #439,706
  • May 11, 2011 8:10am May 11, 2011 8:10am
Censorship at its extreme:

http://www.forexfactory.com/showthre...=1#post4609834
  • #439,707
  • May 11, 2011 8:14am May 11, 2011 8:14am
Quoting Fmfx
Censorship at its extreme:

http://www.forexfactory.com/showthre...=1#post4609834
this is extreme
Inserted Video
  • #439,708
  • May 11, 2011 8:14am May 11, 2011 8:14am
expecting at least a bit of a speed hump around 431x...
  • #439,709
  • May 11, 2011 8:16am May 11, 2011 8:16am
Quoting Gleneagles
Start with a 15M chart and manually draw your sup/res lines , switch to 5M chart and do the same.

Now look for price patterns on 5M chart around levels you may have missed or that may not be that obvious.

Look for a 20 pip spacing between the lines and don`t worry if the lines cut of 2-4 pips of wicks, it is NOT crucial.

There is no special trick, all it takes is some screentime and a bit of work.

Once you have the lines on the chart, leave them on or save a template.
Often the levels from 2-3 days ago will be valid today.
Thanks a lot, I'll try and get them on before the bell.

Thanks again, I'll post a chart, if you could glance at it and tell me where I'm wrong/right I'd be very grateful.
  • #439,710
  • May 11, 2011 8:17am May 11, 2011 8:17am
Quoting FibbinArchie
expecting at least a bit of a speed hump around 431x...
me too. but first I got 4328. being tested now.

oil needs to clear 102.35 as well..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 48 KB
  • #439,711
  • May 11, 2011 8:22am May 11, 2011 8:22am
Quoting darimik
me too. but first I got 4328. being tested now.

oil needs to clear 102.35 as well..
Attachment
  • #439,712
  • May 11, 2011 8:23am May 11, 2011 8:23am
Quoting needpips
still holding my 4410 short...looking for 30 pips

Well, I got 20 pips in the green and put a stop on this trade and went off to bed....woke up up with a SL and small prfit, yet a profit. Why is it whenever one does that, the fikin trade screams in your direction, only after uve been stopped....LOL. Ill see if there is a trade at NY open, if not I might just wait till Asia.
  • #439,713
  • May 11, 2011 8:26am May 11, 2011 8:26am
Quoting FibbinArchie
expecting at least a bit of a speed hump around 431x...

Just closed it, word on the street is 4150 but who knows. We had the direction right at least

wasn't expecting a solid sellout this early so Im glad we had a pullback
  • #439,714
  • May 11, 2011 8:27am May 11, 2011 8:27am
Quoting vilas
Very very good signal, Tania ! Who do you consult - Nostradamus ?

Keep it up ! Good Luck and Cheers !
TKs
But if you follow me then like so many people who call me ...!
You say such things cause i know Psycho of trade and i am sure you can do better. if you know how to trade and sometimes some people say i work with Brokers
Hope you have a great day
Just check my signals with your experience then decide, please,
  • #439,715
  • May 11, 2011 8:29am May 11, 2011 8:29am
Done perfect , it comes hit my sl 4443 in dream though. gold accumulation were there at the same time .next chance if the Camel back to counteract.lets see
fontu
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #439,716
  • May 11, 2011 8:31am May 11, 2011 8:31am
before and after
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Chart_EUR_USD_Hourly_snapshot bef.png Size: 16 KB
Make it rain baby
  • #439,717
  • May 11, 2011 8:31am May 11, 2011 8:31am
Attached Image (click to enlarge)
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  • #439,718
  • May 11, 2011 8:33am May 11, 2011 8:33am
Quoting RamsesII
rising wedge right in to our resistance
wedge update

am expecting much much lower
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Don't have an ego. Always question yourself and your ability.
  • #439,719
  • May 11, 2011 8:33am May 11, 2011 8:33am
There we go,

Looking for a bounce here, or a break,w/e as long as I'm on the right side.


Got those lines up Glen, they actually confluence really well.
Attached Image (click to enlarge)
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  • #439,720
  • May 11, 2011 8:33am May 11, 2011 8:33am
Quoting gatorinla
we closed below 4389.. beyond 4332 is 4314 4297.. 4287.5 4254.7
sos... except 4363 is a s/r now.
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
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