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  • #451,441
  • May 29, 2011 2:01pm May 29, 2011 2:01pm
Quoting fontu
price just below H4 resistance 4332

We saw 4332 a bit earlier today, given us a nice rejection so far.

Quoting cloggie

Price now 4315, seen 4332 earlier.
  • #451,442
  • May 29, 2011 2:01pm May 29, 2011 2:01pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Price testing the ascending triangle and Fibonacci resistance.

http://i56.tinypic.com/2wohvtz.png
  • #451,443
  • May 29, 2011 2:02pm May 29, 2011 2:02pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting apt
Price testing the ascending triangle and Fibonacci resistance.

http://i56.tinypic.com/2wohvtz.png
http://i54.tinypic.com/2dv4ohw.png
  • #451,444
  • May 29, 2011 2:04pm May 29, 2011 2:04pm
so far have not seen any reason why it will grow upward..from what i studied. this should be a down trend and pretty down especially on tuesday. lets see
  • #451,445
  • May 29, 2011 2:04pm May 29, 2011 2:04pm
Quoting apt
http://i54.tinypic.com/2dv4ohw.png
Don't go posting that Apt, no fun if we show the muppets that gaps don't exist, way too much fun seeing them trade something that only exists in their imagination. Next thing you gonna tell them that the tooth fairy and Santa Claus don't exist either? How bout little green men from Mars?
  • #451,446
  • May 29, 2011 2:06pm May 29, 2011 2:06pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting cloggie
Don't go posting that Apt, no fun if we show the muppets that gaps don't exist, way too much fun seeing them trade something that only exists in their imagination. Next thing you gonna tell them that the tooth fairy and Santa Claus don't exist either?
http://synapticlight.com/wp-content/...d-facepalm.jpg
  • #451,447
  • May 29, 2011 2:06pm May 29, 2011 2:06pm
Quoting Kambooj
H1
On this time frame we see a very powerfull sqeeze between 2 supporting curves....

Interesting, as always. I'll play devil's advocate and wonder what are the
chance's of this happening ...
Attached Image (click to enlarge)
Click to Enlarge Name: Kambooj_EURUSD_M1_Shifted.jpg Size: 87 KB
  • #451,448
  • May 29, 2011 2:11pm May 29, 2011 2:11pm
Quoting cloggie


Price now 4315, seen 4332 earlier.
4330 now.

I'll step aside again, so the next few pages can have some more silly posts by muppet gap traders here. Gotta get my dose of Sunday evening entertainment here.
  • #451,449
  • May 29, 2011 2:16pm May 29, 2011 2:16pm
Quoting cloggie
We saw 4332 a bit earlier today, given us a nice rejection so far.
Not knew if it already reached today , may be brokers like oanda or online quotes , apparently not following most market participation & not give any emphasis in the prices & so if all open below it may test again or nearer .

Anyway too insisting the bull so direct may trap in an another bear down before 4390 penetration .
will see me only next morning though .

wish good trading to you & all before that .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 14 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #451,450
  • May 29, 2011 2:19pm May 29, 2011 2:19pm
Quoting cloggie
Don't go posting that Apt, no fun if we show the muppets that gaps don't exist, way too much fun seeing them trade something that only exists in their imagination. Next thing you gonna tell them that the tooth fairy and Santa Claus don't exist either? How bout little green men from Mars?
wtf...
  • #451,451
  • May 29, 2011 2:23pm May 29, 2011 2:23pm
Quoting Mr Hatch
wtf...
I must say I am rather upset now too.
  • #451,452
  • May 29, 2011 2:29pm May 29, 2011 2:29pm
Quoting Venice
I must say I am rather upset now too.
first I got the news about the Dutch not selling dope to foreign people any more, now that... what has become of this world?
  • #451,453
  • May 29, 2011 2:32pm May 29, 2011 2:32pm
Quoting Venice
I must say I am rather upset now too.
About what ? gap matter ? exist or not does not matter , if price open at a difference in most traders open market time they will manipulate commonly to close it as soon as possible for most time without giving any extra to traders unneccesarily . so why not people try for it respective to their shop keeper close & open gap only , most week they exist & mostly filled too .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #451,454
  • May 29, 2011 2:33pm May 29, 2011 2:33pm
Quoting gatorinla
the 1m 5m 15m 30m 45m 60m 180m 240m 480m, day, week, all bullish with daily b/o
but, there is a damn red box on my chart. some asshole put it there. it all looks bullish.. im curious if we gap down below the upper mofu 4314.3, what will happen. i got the close at 4317.5.. just above.....
I checked the three I am using for charting. They are varying: 4312.6, 4315.2, 4299 (that one puts me off)... with data like that, I stand no chance.
  • #451,455
  • May 29, 2011 2:36pm May 29, 2011 2:36pm
Quoting Kanunsuz
Hi welcome infitus ,

Dou you have any idea and graph. for the next days, can you send it?

Best Regards,

Kanunsuz...
Hi Kanunsuz,

will post a chart later. But to put it short:

out of my EW analysis we might have finished the up-move (which was corrective) or extend it up to 4378, or even 4450 (depends, where I placed the end of the wave 1 (down). Those targets are very good fib extensions.

The overall direction for next week should be down. If we break 4450 dynamically I will seriously question my EW count.

On weekly chart 4441 is the critical point. If 4441 is breached to the upper side the immediate bearish case is lost and we will see a new high above 4939

But be remembered: trade what you see, not what you predict :-)

Catch ya later,

Markus
  • #451,456
  • May 29, 2011 2:46pm May 29, 2011 2:46pm
Quoting infinitus
Hi Kanunsuz,

will post a chart later. But to put it short:

out of my EW analysis we might have finished the up-move (which was corrective) or extend it up to 4378, or even 4450 (depends, where I placed the end of the wave 1 (down). Those targets are very good fib extensions.

The overall direction for next week should be down. If we break 4450 dynamically I will seriously question my EW count.

On weekly chart 4441 is the critical point. If 4441 is breached to the upper side the immediate bearish case is lost and we will see a new high...
Thanx alot markus for nice idea's i will use it i took short positions from 1.4300 in friday i am holding them we will see it cya around
  • #451,457
  • May 29, 2011 2:48pm May 29, 2011 2:48pm
Quoting Kanunsuz
İn which sites we can see gap first? My forex platform is showing numbers too late can you give a one site for seeing gaps ?

Thanx Alot;

Good Green Pips ALL FOR ALL TRADERS, Take a short , and don't cry

www.xe.com
  • #451,458
  • May 29, 2011 2:55pm May 29, 2011 2:55pm
WellingtonMon 07:55.

Look Sharp/Trade Tight
  • #451,459
  • May 29, 2011 2:56pm May 29, 2011 2:56pm
The reason that I dont think it would drop to 4042, is because of this observation that I have made:

1. Price always moves from Trendline to Trendline before switching around
2. Price moves to a trendline where the gravitatinal pull (for the lack of a better word) is stronger. What I mean by a gravitational pull is the strength of a trendline (curved Or Straigh) where it has a lot of points lined up on it.

Reason that it wont move to 4116 or 4042 is because of the following observation on my M15 chart.

There are 2 green circles on the chart, the lower one encompasses almost 3 major points:
3975,4012, and 4175.

The shape the 2 green lines is like a Arabian Sword, but the congestion of price is the most important thing. The congestiong AND THEN the move upwards is not typical of a tendency of price to do a retracement.

The congestion tells me that price has hit its limits at 4275, but now it should move downwards and put itself on a downward curve/line, but it doesnt. It chooses another path to go upwards,

Why?

Nobody knows, but whats important is that now it has to hit a trendline (curved or straight) to bounce back. There are no major circles or lines at 4330, the only one is higher up.

It decided to leave the option of pursuing lower prices than 4275, and even if it hits 4330 and rebounds back it will be bound by the support at 4260-80, until a major curve or line on the H1/H4 will be hit, only then it will reverse.

I dont like to call it a GAP, but I dont know any other words where you have 2 lines and there is not any major intersecting lines in between them.

Lets call it empty space,

But out my own observation, when price hits such zones, it will travel fast and far until it reaches a important trendline before reversing.


Quoting fontu
Not know how this works but perhaps round bottom, top formula works .
here also a possibility of a round bottom , price just below H4 resistance 4332 & why not then fall to 4116 to 4042 before up ok in it smooth .
anyway interesting analysis .
fontu
  • #451,460
  • May 29, 2011 2:57pm May 29, 2011 2:57pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Kambooj
The reason that I dont think it would drop to 4042, is because of this observation that I have made:

1. Price always moves from Trendline to Trendline before switching around
Wrong.

I guess we can just ignore further posts from you.
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