I received a few email about the daily candle and the opening of the daily candle, My daily candle open and close @ 8PM not 5PM, i am not sure about you guys, i think it depends on you broker.
- #5,922
- Jun 25, 2011 8:45am Jun 25, 2011 8:45am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
uk oil down to $103.63, doing a pullback after breaking the low of $105.70. $98 area is the target.
- #5,923
- Edited 4:54pm Jun 25, 2011 10:15am | Edited 4:54pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/AUD
Monthly/Weekly shows that the price action has broken out of the downtrend, it has been in a range from 1.3928 to 1.3236. Once we come out of this range we will also need to break 1.4334/1.4372 to the topside and 1.2926 to the low side.
Daily shows the price has moved out of the downtrend and currently moving sideways within the A/B (1.2930/1.3877). We have retraced initially to the 61.8 before reaching the 1.414, after which time we retreated back to the 61.8. Current price action is just under the 38.2 (1.3516) and just under monthly support. Watch for the open of the new candle. I see a lot of indication in the current downswing pointing toward the daily 78.6 (1.3133)
Until this one says I'm going above the A or below the B, I think I'll look for another currency. If you're going to work the range, watch your levels.
Charts are posted weekly, daily, 240
Dan
- #5,924
- Jun 25, 2011 11:07am Jun 25, 2011 11:07am
- | Commercial User | Joined Jan 2010 | 5,509 Posts
All analysis will be posted before tomorrow's opening. Good luck to Us all. EUR/AUD - analysis is at the Mme's website.
Charts are posted weekly, daily, 240
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Dan
- #5,925
- Jun 25, 2011 4:57pm Jun 25, 2011 4:57pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/CAD
Daily is showing an uptrend with the price sitting just above the 1.3979 Monthly support. Watch your larger time frame levels and any trned lines that are broke. Trade these areas level by level in the smaller time frame.
Respect the larger time frame levels when your working the small time frames (480 and 240). In these smaller time frames we have been trying to come out of retracement sitting just above the 50% (1.4001).
Dan
- #5,926
- Edited 3:14pm Jun 26, 2011 12:39pm | Edited 3:14pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
eur/chf
Weekly, Monthly, daily, 240, etc....the Eur/Chf has been in a steady decline moving into new levels. Use fib ext, and fib exp. for new levels as they come up. How long could the Chf go without intervention? dunno.
- #5,927
- Edited 3:16pm Jun 26, 2011 12:48pm | Edited 3:16pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/GBP
Working another new downtrend off the daily trendline after hitting .8951. Work this target by target, level by level.
Dan
Working another new downtrend off the daily trendline after hitting .8951. Work this target by target, level by level.
Dan
- #5,928
- Jun 26, 2011 1:03pm Jun 26, 2011 1:03pm
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #5,929
- Jun 26, 2011 1:22pm Jun 26, 2011 1:22pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
you are not wrong.
- #5,930
- Jun 26, 2011 2:46pm Jun 26, 2011 2:46pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
EUR/JPY
Staying below 114.88 is a good indication it will work down level by level, included in the charts.
Dan
- #5,931
- Jun 26, 2011 2:56pm Jun 26, 2011 2:56pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
Is..........your.........market......open...... yet? Mine is
- #5,932
- Jun 26, 2011 3:16pm Jun 26, 2011 3:16pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
GBP/CHF AND EUR/CHF NICE GAP SNIPER, ALL YOU NEED IS AN ORALB TOOTH BRUSH.LOL
- #5,934
- Jun 26, 2011 5:26pm Jun 26, 2011 5:26pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
eur/usd as high as 1.4221............lol , if you see this in your platform you have the wrong broker.
this is what you should have
- #5,935
- Jun 26, 2011 5:31pm Jun 26, 2011 5:31pm
- | Commercial User | Joined Jan 2010 | 5,509 Posts
here you go dan, 15m eur/usd
- #5,940
- Jun 26, 2011 6:24pm Jun 26, 2011 6:24pm
- | Joined Sep 2010 | Status: Trader | 1,892 Posts
Dan, What time is the big BAM BAM? Do you know? Thanks man... Later MME see you soon
BAM!