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  • #449,341
  • May 26, 2011 3:17am May 26, 2011 3:17am
short 1.4170, looking for 1.4110
Trade Like a Robot make money Like a Bank
  • #449,342
  • May 26, 2011 3:18am May 26, 2011 3:18am
Quoting blue_z_zz
mybe he's still trying to find reasons that his trade is correct
I guess everyone has some. I posted the chart to show bearish gartleys, not to discuss my orders.
  • #449,343
  • May 26, 2011 3:19am May 26, 2011 3:19am
Quoting fontu
where leading ? uncertain should be at this time . Forget this time what analysis lead me post range 1533-1505 before , as it gets very complex . anyway 1532 stapmed , now if price stays above 1519 then more can up again , if breaks then the lower range may come true , 1513,1o,07 .
so go towartds 1520/19 now to see what next .
fontu
thanks for your explanation fontu...my question might be misleading here..
my account is bit too small to trade gold and silver...since volatile
but since eurusd has correlation with gold silver oil and stock market..
just wondering what this fall is telling us...

also i agreed that situation is very complex atm
Patience, Emotion Control and Discipline.
  • #449,344
  • May 26, 2011 3:20am May 26, 2011 3:20am
Quoting Piters
just be careful, fibo 61 = 4220, but PA even after 122p today still in Bull mode. Can easy cross that level..

thanks. I try to be careful. there is money to be made both ways I am putting this @ BE now and closing half for fifteen.
  • #449,345
  • May 26, 2011 3:23am May 26, 2011 3:23am
If this was a penant (smaller semetric triangle) breakout (pink triangle in chart), then we should see 1.4315 before heading down again. This being the same distance as the start of the penant triangle roughly 2300 pips. However we might still be in the larger semetrical triangle with top line starting at 6 May, which means that there could be heavy resistance around 1.4240-1.4250'ish. At the moment however there are still a few resistance levels to go through before getting to the trendlines. 1.4190-1.42 are one of these resistance areas being the 23.6% fib level of the big drop from 5 May and 61.8 fib level of the last drop on 20 May. I think we might see 1.4240-1.4250 being tested later the day which is the upper "possible semetric triangle formation". a Substantial bounce from this level will confirm the triangle and we will head back down to 1.4060'is (lower triangle line). If it does substantially continue through 1.4250, we will see resistance at 1.4315. Fundamentally I don't see why the Euro should be supported beyond this level with the debt risk as high as it is. Here is my charts and please feel free to coment!!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusd240.jpg Size: 226 KB
  • #449,346
  • May 26, 2011 3:23am May 26, 2011 3:23am
Quoting Piters
that "gartley" is actually ABC retracement and can easily extend to 4300 [FE1618].. even from your chart you can read the same,

You Just missed the train..

http://www.youtube.com/watch?v=X3vF9fdYYWQ

I see, anyway it means something
  • #449,347
  • May 26, 2011 3:23am May 26, 2011 3:23am
Hi to everybody,

as you should do ... if you have got some manners... i would like to introduce myself to this thread.

I've been checking back on this thread for quite some time. There are a lot of interesting (and not so interesting) people in here I have to say. Let's see if i can contribute a bit to it. My input will primarily based on fibs, pivots, correlations.

I hope i will be of some help for somebody and have a few good conversations... or cocktails... (after London close)

First round of cappuccino or espresso macchiato is on me.

Buona giornata!
yoursong
  • #449,348
  • May 26, 2011 3:25am May 26, 2011 3:25am
Quoting mercy seat
Genau ... at lest there is a few word needed only thats all ...

Charts we do have all ...

Btw ... try out NetDania ...

You must not have downloded a platform from internet ...

And it is free for everyone ...

Just sign in with your e-mail address and create a password thats all ...

You can use it nearly with every simple computer station ...

No demo contractuals needed nothing ... no bla bla bla ... and they are fine and ok so far ...


http://www.netdania.com/Products/liv...rtStation.aspx...
Hi Mercy,

thanks for the link. But I am on Smartphone right now and charting on smartphones sucks big time :-)
  • #449,349
  • May 26, 2011 3:30am May 26, 2011 3:30am
Quoting infinitus
Hi Seb,

hope all is well with you :-)

Will update my count later because I am not at my trading desk and have no access to my charting prog.

Now would be a good turning point. Many good fib confluences right now as well as building divergences on various TF's.

But corrective moves are hard to judge. Might go higher......

Further good turning points would be between 4270 and 4350

And one more point about the current situation ...

No no ... I do not think we go that far today ...

Not towards 1.4270 or even 1.4350 ...

Should be capped ... and remain below 1.4245 (which is my ultimate stop level on a daily closing basis - also nicht etwa auf Verlaufsbasis) ...

Highest has been 1.4197 aprox. until now ...

Lowest has been 1.4068 aprox. until now ...

So all you fellow traders - who have not been long since these early Tokyo Session when prices came down towards around central pivot line - have to do ... is just wait for a good opportunity and then take a trade to the downside when major move energy has come to an end.

And it will ... as this is still seen as being a "corrective upmove" ...

It has not turned bullish ... not unless we really cross significantly above that mentioned area 1.4245 ...


To be found in last rollover TABLE survey at column J and row 14 !




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #449,350
  • May 26, 2011 3:31am May 26, 2011 3:31am
Quoting infinitus
Hi Mercy,

thanks for the link. But I am on Smartphone right now and charting on smartphones sucks big time :-)
Ach sooo! Sorry ... verstehe ...

Ich hab so'n Spielzeug gar nicht. Bin auch gar nicht so richtig scharf drauf. Will ja letzlich bloß telefonieren. Brauch ich nicht. War nicht - iss nicht - und wird nie sein!


2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #449,351
  • May 26, 2011 3:32am May 26, 2011 3:32am
Quoting mercy seat
And one more point about the current situation ...

No no ... I do not think we go that far today ...

Not towards 1.4270 or even 1.4350 ...

Should be capped ... and remain below 1.4245 (which is my ultimate stop level on a daily closing basis - also nicht etwa auf Verlaufsbasis) ...

Highest has been 1.4197 aprox. until now ...

Lowest has been 1.4068 aprox. until now ...

So all you fellow traders - who have not been long since these early Tokyo Session when prices came down towards around central pivot line -...
seems like we agree about 4245. thats my ultimate level as well
  • #449,352
  • May 26, 2011 3:34am May 26, 2011 3:34am
The market is in bull hands not so strong but we will go gradually up today and probably tomorrow. Buy deeps - should payoff today...

Quoting 1stECN
Short Target 1.409X could even drop further to 1.4076
Discomfort and profit often stand side by side
  • #449,353
  • May 26, 2011 3:34am May 26, 2011 3:34am
Quoting johncen
thanks for your explanation fontu...my question might be misleading here..
my account is bit too small to trade gold and silver...since volatile
but since eurusd has correlation with gold silver oil and stock market..
just wondering what this fall is telling us...

also i agreed that situation is very complex atm
Ok , most time what we see & do are misleading mostly in such great mofu & hence doing now -a-days very limited though volalities great for scalpers who can take without loss. Not know about dow or other stocks , force selling them should lead to eu bull under pressure also and co-relation may not work for some time though .

Anyway still feel market waiting for something , laden to start , gaddafi to continue if soon or failure sustain even with all forces & manipulation & eu defaults any to resume the trend again . just my idea only , no political issue .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #449,354
  • Edited 3:38am May 26, 2011 3:35am | Edited 3:38am
.

Dustbinners note my levels at 75 and 72!
Attached Image (click to enlarge)
Click to Enlarge Name: pa.jpg Size: 42 KB
  • #449,355
  • May 26, 2011 3:38am May 26, 2011 3:38am
Quoting mercy seat
And one more point about the current situation ...

No no ... I do not think we go that far today ...

Not towards 1.4270 or even 1.4350 ...

Should be capped ... and remain below 1.4245 (which is my ultimate stop level on a daily closing basis - also nicht etwa auf Verlaufsbasis) ...

Highest has been 1.4197 aprox. until now ...

Lowest has been 1.4068 aprox. until now ...

So all you fellow traders - who have not been long since these early Tokyo Session when prices came down towards around central...


Hi Mercy,

thanks for your input. Well appreciated. Made me look again:

Have a 162% fib extension at around 4240. That could cap the move up for the time beeing. Maybe then bounce down and after that a further attempt to the upside. Not sure right now........
  • #449,356
  • May 26, 2011 3:38am May 26, 2011 3:38am
Quoting DaClan
If this was a penant (smaller semetric triangle) breakout (pink triangle in chart), then we should see 1.4315 before heading down again. This being the same distance as the start of the penant triangle roughly 2300 pips. However we might still be in the larger semetrical triangle with top line starting at 6 May, which means that there could be heavy resistance around 1.4240-1.4250'ish. At the moment however there are still a few resistance levels to go through before getting to the trendlines. 1.4190-1.42 are one of these resistance areas being...
I like your analysis, nice, however your charts gave me a headache
If only I knew then what I know now...
  • #449,357
  • May 26, 2011 3:40am May 26, 2011 3:40am
Quoting Magix
Hrmmmmmmm....

Tokyo filling back to their spike lows and sells last week...then maybe give London a chance to short this area back to their spike high yesterday?

I agree

1.4116-ish has:

mid line of hourly trend

yesterday's high [for London brokers]

and pivot for weekly average range
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 29 KB
  • #449,358
  • May 26, 2011 3:45am May 26, 2011 3:45am
Quoting Alexgee
I like your analysis, nice, however your charts gave me a headache


HAHAHA... sorry about that. I had one for weeks, now I understand why
  • #449,359
  • May 26, 2011 3:45am May 26, 2011 3:45am
Quoting infinitus
Hi Mercy,

thanks for your input. Well appreciated. Made me look again:

Have a 162% fib extension at around 4240. That could cap the move up for the time beeing. Maybe then bounce down and after that a further attempt to the upside. Not sure right now........
But I am sure ziemlich ...

Sorry - das mußte heute mal einfach so gesagt sein ...

Ansonsten bin ich ja eher damit zurückhaltend ...

Hier hängen die Handwerker heute ohne Ende um mich herum. Das nervt unglaublich ... von Keller bis oben ... und immer mit viel Lärm und Tamtam natürlich!
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #449,360
  • May 26, 2011 3:46am May 26, 2011 3:46am
Quoting OICNow
I agree

1.4116-ish has:

mid line of hourly trend

yesterday's high [for London brokers]

and pivot for weekly average range


Now we just gotta get there....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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