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  • #454,981
  • Jun 3, 2011 11:52am Jun 3, 2011 11:52am
Quoting Venice
Gotcha. Good luck with um.
u 2 buddy! grreeeen pips
  • #454,982
  • Jun 3, 2011 11:52am Jun 3, 2011 11:52am
if I get this right the big picture for a week or two is a small pullback to 1.44x and up again to climax at 1.47? aftrr that hard down below 1.40?
  • #454,983
  • Jun 3, 2011 11:52am Jun 3, 2011 11:52am
4675 is a great shorting opportunity, but we havent reached that yet, and the price right now is slightly above 4630, 4639 to be exact.


For now I would just sit on the sideline for 2 reasons


1. If 4675 is reached today, then that will nullify my "Best Shorting Spot". Usually I look for the 10:15-12:00 PM time slot for the "Best Opportunity". Opportunities that fall on a Friday evening are 90% fake setups, even if its a calculated setup. Something else is happening behind the sleeves of the price thats making you think you got the best opportunity on a Friday evening

2. The cascading bubbles of support that I see on the M1 time frame are not good signs for shorting. They imply the strength of the upward thrust is increasing, this might be because the price wants to get away as much as possible from 4480 zone. If it was a short opportunity it wouldnt get away from that zone this much.

If 4675 is reached by end of closing session, I wouldnt short it, rather I would wait for a nice setup to go long, because there is enough strong support centers at 4480 - 4530 region that would hold their stance quite well for some time and give us real good pump upwards again.


Quoting egkid
Now Show me what the hell will do with 1.4636
Depends on same technique as i said 1.4820 reverse point, Now 1.4636
should b reverse point But at the end market do what ever it LIKE.

Let's c what TF can close above 4636
Egkid
http://www.youtube.com/watch?v=dmkrP...eature=related
  • #454,984
  • Jun 3, 2011 11:53am Jun 3, 2011 11:53am
SL 1.4677

We will close today around 1.4611

GL all
  • #454,985
  • Jun 3, 2011 11:54am Jun 3, 2011 11:54am
Alright. This is boring me, closing the Aussie trade for +150 pips. Good enough for me for a Friday. Good luck all, good trades and all that.

I need to focus on work for the rest of the day. Cheers and have a good one!
  • #454,986
  • Jun 3, 2011 11:55am Jun 3, 2011 11:55am
.
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  • #454,987
  • Jun 3, 2011 11:55am Jun 3, 2011 11:55am
Quoting gatorinla
just found an old tl channel.. s @ 4638
Don't have 4638, but the way price behaves there should be one.
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The Thief of Wall Street
  • #454,988
  • Jun 3, 2011 11:56am Jun 3, 2011 11:56am
Quoting pipper
Hi Sisse. Hope trading is good. Think we have Year 2010 R1 @ 1.4667. Found it on an old chart here
What do you mean with 2010 R1, last 2010 yearly pivot?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #454,989
  • Jun 3, 2011 11:56am Jun 3, 2011 11:56am
Quoting gatorinla
just found an old tl channel.. s @ 4638
41 is in the scope.. but im at b.e. now anyway.. rsi is oversold area on all my tf below day
those who can, do. those who cant, talk about those who can
  • #454,990
  • Jun 3, 2011 11:57am Jun 3, 2011 11:57am
USD Looser........
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  • #454,991
  • Jun 3, 2011 11:57am Jun 3, 2011 11:57am
Yes, last year's R1 Pivot

Quoting sisse
What do you mean with 2010 R1, last 2010 yearly pivot?

sisse
Disclaimer: Check your 1m charts
  • #454,992
  • Jun 3, 2011 11:57am Jun 3, 2011 11:57am
seems like typical scenario of pump it then dumpit after few days,or no one else knows
  • #454,993
  • Jun 3, 2011 12:00pm Jun 3, 2011 12:00pm
FE 161.8 may stop it @ 41 for today but i wouldn't bet on it.

Quoting pipper
H4 Chart
Disclaimer: Check your 1m charts
  • #454,994
  • Jun 3, 2011 12:00pm Jun 3, 2011 12:00pm
Clanos,

You have my respect and great call today! I will be watching you. Thanks for sharing.

Kambooj,

Good stuff and I am in agreement with your calls and strategy. My fork indicates 468x....I wish I was more confident in my forks....

Fontu and Gator.....always look forward to you post. I actually took a SHORT at 4637 due to time of day, DIV and profit taking....but who knows....
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  • #454,995
  • Jun 3, 2011 12:04pm Jun 3, 2011 12:04pm
Quoting Kambooj

If 4675 is reached by end of closing session, I wouldnt short it, rather I would wait for a nice setup to go long, because there is enough strong support centers at 4480 - 4530 region that would hold their stance quite well for some time and give us real good pump upwards again.
You are one of very few traders I really enjoy your posts
Also my set up will not valid if that happen.

So far not even 30 min TF close above my point
  • #454,996
  • Edited 1:05pm Jun 3, 2011 12:05pm | Edited 1:05pm
So no stop at 4618 where my tp was . 4647 not hit also ok , may retrace this time if breaks below 4605 again . waiting for it .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #454,997
  • Jun 3, 2011 12:06pm Jun 3, 2011 12:06pm
Quoting AllyB
you too gleneagles. i think i am done also.

5 x 12 (one not shown from asia session last night)
1 -9

+58

i also played around on a demo account and got +94
well done missed most haven't been in trading mode today

Take care to you and gleneagles
  • #454,998
  • Jun 3, 2011 12:06pm Jun 3, 2011 12:06pm
Quoting T@rantula
Those are the levels for EU. I wont trade pre NFP. PAy close attention to these levels.

We need to see the volatility the movement and the action.

Attachment
10h ago
  • #454,999
  • Jun 3, 2011 12:07pm Jun 3, 2011 12:07pm
Quoting Chicky
Don't have 4638, but the way price behaves there should be one.
i got too much crap on my chart to post. but here is the channel
multiples of .5.. similar to a Andrews pitchfork.
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those who can, do. those who cant, talk about those who can
  • #455,000
  • Jun 3, 2011 12:07pm Jun 3, 2011 12:07pm
Move seems over and done for now ...

I would tend to say ... cash your dreams ...



;-|
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