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  • #481,681
  • Jul 6, 2011 10:13am Jul 6, 2011 10:13am
Quoting kaushal4444
I want to know what support level you see in EUR/USD.....

You don't want to know, he trades the daily and weekly, it would scare the beheesus out of you.
  • #481,682
  • Jul 6, 2011 10:14am Jul 6, 2011 10:14am
PtL/Sis
  • #481,683
  • Jul 6, 2011 10:15am Jul 6, 2011 10:15am
Quoting kaushal4444
yes these are support levels according to my view...

I want to know what support level you see in EUR/USD.....
Well, I trade zones (demand and supply), not specific levels, and look for reactions out of the zones. Just one of the gazillion ways to skin this kitty cat.

I also trade the daily charts and beyond, so I don't think you would like what I have to say
  • #481,684
  • Jul 6, 2011 10:15am Jul 6, 2011 10:15am
Quoting cloggie
You don't want to know, he trades the daily and weekly, it would scare the beheesus out of you.
ok...

$ $ $ $
  • #481,685
  • Jul 6, 2011 10:16am Jul 6, 2011 10:16am
Quoting Venice
Well, I trade zones (demand and supply), not specific levels, and look for reactions out of the zones. Just one of the gazillion ways to skin this kitty cat.

Cruelty to animals, tut-tut-tut. I am cruel to muppets, at least that is socially acceptable.
  • #481,686
  • Jul 6, 2011 10:16am Jul 6, 2011 10:16am
Quoting Venice
Well, I trade zones (demand and supply), not specific levels, and look for reactions out of the zones. Just one of the gazillion ways to skin this kitty cat.

I also trade the daily charts and beyond, so I don't think you would like what I have to say
can you show me yours chart having zones of demand and supply?
  • #481,687
  • Jul 6, 2011 10:19am Jul 6, 2011 10:19am
Quoting Venice
Ingenious. Just because you switch currencies and the current intermediate trend is down, doesn't automatically make it a long play.

What's with everyone always trying to pick bottoms?
Not trying to picks bottoms Venice but that little beauty have already earned me 40 pips and the rest are at b/e. Have been looking to buy G/CHF for awhile now to add to my long term portfolio.
  • #481,688
  • Jul 6, 2011 10:20am Jul 6, 2011 10:20am
Quoting kaushal4444
can you show me yours chart having zones of demand and supply?
I am at work right now (obviously not doing a very good job at it right now... hah). But, I don't think you would find my charts very useful either... they are pretty plain... I just eyeball the zones.

Check out redswords thread, it's where I learned it from.

http://www.forexfactory.com/showthread.php?t=230888
  • #481,689
  • Jul 6, 2011 10:21am Jul 6, 2011 10:21am
Quoting cloggie
PtL/Sis
yea, looks good too with last hours close in that weekly mofu...if I had to guess, it might work its way up to 47/53 on short covering...
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Look Sharp/Trade Tight
  • #481,690
  • Jul 6, 2011 10:22am Jul 6, 2011 10:22am
Quoting kiwidoc
Not trying to picks bottoms Venice but that little beauty have already earned me 40 pips and the rest are at b/e. Have been looking to buy G/CHF for awhile now to add to my long term portfolio.
Cool... enjoy them. I'm still showing a bit more downside here, but it's all on that WS1 for now...
  • #481,691
  • Jul 6, 2011 10:23am Jul 6, 2011 10:23am
at any rate, I'm off to work on this...
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Look Sharp/Trade Tight
  • #481,692
  • Jul 6, 2011 10:23am Jul 6, 2011 10:23am
  •  ajdb
  • | Joined May 2011 | Status: stick to your trade plan | 32 Posts
Quoting kaushal4444
yes these are support levels according to my view...

I want to know what support level you see in EUR/USD.....
Not long in this business..... however the support levels that seem to be in place for EUR/USD are:
1.447
1.445
1.44
1.433x
1.431x
1.427x
1.424x
  • #481,693
  • Jul 6, 2011 10:23am Jul 6, 2011 10:23am
Quoting Venice
Cool... enjoy them. I'm still showing a bit more downside here, but it's all on that WS1 for now...
What's WS1? Not up with the lingo
  • #481,694
  • Jul 6, 2011 10:24am Jul 6, 2011 10:24am
Quoting cloggie
Cruelty to animals, tut-tut-tut. I am cruel to muppets, at least that is socially acceptable.
I'm sure u've checked out the elmo burning vids on yourtube ;-)
  • #481,695
  • Jul 6, 2011 10:24am Jul 6, 2011 10:24am
Quoting Venice
I am at work right now (obviously not doing a very good job at it right now... hah). But, I don't think you would find my charts very useful either... they are pretty plain... I just eyeball the zones.

Check out redswords thread, it's where I learned it from.

http://www.forexfactory.com/showthread.php?t=230888
hmmm really yours charts are too simple.... because it is yours chart so it will work for you and you only...
  • #481,696
  • Jul 6, 2011 10:25am Jul 6, 2011 10:25am
On my FXCM trading station work only SELL button

Bus will drive down the hill

Easy money!

TP 1.4295 again
Once scalper always scalper
  • #481,697
  • Jul 6, 2011 10:26am Jul 6, 2011 10:26am
waiting it does , breaks 4324 , 40 & 50 where 4350 is most important & first confirmation retracement starts before final confirmation at 4374, mofu line 4378.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #481,698
  • Jul 6, 2011 10:26am Jul 6, 2011 10:26am
Quoting PayTheLimit
yea, looks good too with last hours close in that weekly mofu...if I had to guess, it might work its way up to 47/53 on short covering...
Are you using a special indicator on this charte ? If yes, can you give me te name
  • #481,699
  • Jul 6, 2011 10:26am Jul 6, 2011 10:26am
Quoting hkkhanus
G/U is very tempting right now in the bigger picture .. no sure but i ll read it tonight sometime to make a decision. It might be about the time to buy the dips or nearly the time
What you think?
hk
Dunno bout that dude...It seems to have fallen out of the good graces of the daily support....check the trend, break and test of now resistance...

Crazy fawking market, anything can happen, but until the DX starts to show a little more weakness...the daily isn't saying buy time yet...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #481,700
  • Jul 6, 2011 10:27am Jul 6, 2011 10:27am
Quoting kiwidoc
What's WS1? Not up with the lingo
Weekly Support level 1 Pivot.

I have it at 1.3366. Got a nice boost as the Daily S2 was sitting right on top of it as well. Hell of a good demand zone though created on 6/30/11.
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