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Circular Trendlines

  • #141
  • Jun 13, 2011 7:27am Jun 13, 2011 7:27am
4420-4430 region is the best sell
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_M5.jpg Size: 69 KB
  • #142
  • Jun 13, 2011 7:37am Jun 13, 2011 7:37am
Quoting Kambooj
4420-4430 region is the best sell
There a good chance with G/U

I'm@ my work can't trade G/U But i c chance to
[email protected] because R:R Very good

This post for the recored and will quote it when the Target on my view Hit
but remember everyone trade depends on his own chart and MM, If u c what i c go swim ur own race.
  • #143
  • Jun 13, 2011 8:15am Jun 13, 2011 8:15am
egkid,

I did a FIB projection on 15m chart using 80ma...and it shows 6351, so I would concur this would be a good area to target......
  • #144
  • Jun 13, 2011 8:59am Jun 13, 2011 8:59am
A different view of the same sell setup in the lows of 4400
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_M15.jpg Size: 72 KB
  • #145
  • Jun 13, 2011 9:49am Jun 13, 2011 9:49am
Hi Kambooj, your analysis with circular trends, helped me to improve my trades, thanks and continue with your good analysis...


Quoting Kambooj
A different view of the same sell setup in the lows of 4400
  • #146
  • Jun 13, 2011 10:08am Jun 13, 2011 10:08am
Quoting Kambooj
A different view of the same sell setup in the lows of 4400
Kambooj,

Thanks! So far your analysis is holding up, I am also with a view that something terrible is hanging on the head of EUR, any pop today is a signal of a bigger fall; its like a last fight of a dying person!

Good job!!
There is always a price for promises you don't keep!
  • #147
  • Jun 13, 2011 10:51am Jun 13, 2011 10:51am
Here is a couple indicators that may relate
Attached File(s)
File Type: mq4 Fib_Circle.mq4   23 KB | 1,611 downloads
File Type: mq4 FX5_FiboSpiral_v1.0.mq4   7 KB | 1,346 downloads
  • #148
  • Jun 13, 2011 11:00am Jun 13, 2011 11:00am
Quoting egkid
i'M@ work PA reach 1.4391 missed my limit order by 9 pip
but i think it will go back to up and will hit my order
we will c
Just back home
My sell limit @1.44 for e/u Hit
will eat something an b back soon
  • #149
  • Jun 13, 2011 11:37am Jun 13, 2011 11:37am
Quoting Kambooj
A different view of the same sell setup in the lows of 4400
Exactly
We can't predict the future but we are very good reading our own chart
Hope to catch u on skype
  • #150
  • Jun 13, 2011 12:44pm Jun 13, 2011 12:44pm
Yes, I do agree.

It is dying to hit 4425, and then we are going more south

Quoting DragonFire
Kambooj,

Thanks! So far your analysis is holding up, I am also with a view that something terrible is hanging on the head of EUR, any pop today is a signal of a bigger fall; its like a last fight of a dying person!

Good job!!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_M10.jpg Size: 103 KB
  • #151
  • Jun 13, 2011 1:00pm Jun 13, 2011 1:00pm
For me can't go break it . and Next PA @4250
What do u think?
Attached Image
  • #152
  • Jun 13, 2011 1:16pm Jun 13, 2011 1:16pm
I was just checking the market to answer your question, and I guess it did go to 4425. Its a dying cry as our friend put it.

Quoting egkid
For me can't go break it . and Next PA @4250
What do u think?
  • #153
  • Jun 13, 2011 1:22pm Jun 13, 2011 1:22pm
Like the title says. I have learned more regarding trends and predicting them in the couple of days this thread has been open than months of following other threads on this site. Thank you!!!
  • #154
  • Jun 13, 2011 1:26pm Jun 13, 2011 1:26pm
Quoting Kambooj
I was just checking the market to answer your question, and I guess it did go to 4425. Its a dying cry as our friend put it.
Still no close above it , i trade 4h Will b back later when my 4h close,

Of course position Still in play
  • #155
  • Jun 13, 2011 1:27pm Jun 13, 2011 1:27pm
Quoting Kambooj
I was just checking the market to answer your question, and I guess it did go to 4425. Its a dying cry as our friend put it.
Do you think it can possibly get to the 4460 area. The 61.8% retrace of the 1 HR down Fib from 4550 to 4320. There is more resistance there than 4425 area. I see even more previous resistance around 4480 if it can get there.
  • #156
  • Edited 1:53pm Jun 13, 2011 1:40pm | Edited 1:53pm
Not at the moment, it has to spend quite a bit of time between 4400-4425 to do that

Considering that it came from the outside perimeter of the following circle:
http://www.forexfactory.com/showthre...05#post4687305

all the way from 4650 and decided to go to the other extreme of its perimeter, this alone to me makes think this circle is quite strong and is not easy to break.

Also the manner in which it broke the top of the circle indicates to me that this was a tough one for price action to go through it, and once its outside of it, it will be equally tough to get through it.

If its deciding to penetrate, it needs more time to spend above 4400 level.


Quoting DaveXXXX
Do you think it can possibly get to the 4460 area. The 61.8% retrace of the 1 HR down Fib from 4550 to 4320. There is more resistance there than 4425 area. I see even more previous resistance around 4480 if it can get there.
  • #157
  • Jun 13, 2011 2:00pm Jun 13, 2011 2:00pm
The other reason that I dont think it will go to the levels that you have mentioned, is that:

Going above 4425-30 region will not be easy considering it will be almost equal to going through the south pole of the outer red circle in this post:

http://www.forexfactory.com/showthre...11#post4686711

Still a strong region to go through.

Is not easily broken with one touch.


Quoting DaveXXXX
Do you think it can possibly get to the 4460 area. The 61.8% retrace of the 1 HR down Fib from 4550 to 4320. There is more resistance there than 4425 area. I see even more previous resistance around 4480 if it can get there.
  • #158
  • Jun 13, 2011 2:13pm Jun 13, 2011 2:13pm
Quoting Kambooj
The other reason that I dont think it will go to the levels that you have mentioned, is that:

Going above 4425-30 region will not be easy considering it will be almost equal to going through the south pole of the outer red circle in this post:

http://www.forexfactory.com/showthre...11#post4686711

Still a strong region to go through.

Is not easily broken with one touch.
Going through my analysis and bench-mark scenarios, EUR may attempt 1.4460 but this could be a short live event, as Kambooj pointed, it is going for a melt down..
There is always a price for promises you don't keep!
  • #159
  • Jun 13, 2011 3:05pm Jun 13, 2011 3:05pm
Quoting egkid
For me can't go break it . and Next PA @4250
What do u think?
1-I was wrong here and break 1h circle "but only for info i trade weekly- daily and 4h and this post was wrong but not try give excuse i don't trade less than 4h"

2-My position still in play " sell @1.44 "

3-Tomorrow will know if my own plan is right or wrong
Till then Relax and MM is the key

C U Later
  • #160
  • Edited 7:54pm Jun 13, 2011 7:36pm | Edited 7:54pm
Kambooj,

Hi.
Thanks for the fascinating charts: Lots of studying for me to be done yet, on curves with charts.

I added on some lines and words of my own, so I could begin to grasp what you're saying.

Momentum (and midlines) in some of your charts is clearly shown, so I made an initial guess as to the foundation of most of the circles:
That of connecting two opposing momentums
within the context of larger momentums (the A,B,C's in charts).

(The pictures are from posts # 44, 72, and 124, respectively.)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_M1 Kambooj adjusted 2.jpg Size: 128 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_M1 img2 Kambooj adjusted.jpg Size: 102 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Weekly Kambooj adjusted.jpg Size: 217 KB

(Note that on each chart's projection is not intended for real use.)
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