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  • #482,061
  • Jul 6, 2011 3:34pm Jul 6, 2011 3:34pm
Quoting swano
1.43 is a strong resistance level?

U mean 4380 not 43
  • #482,062
  • Jul 6, 2011 3:34pm Jul 6, 2011 3:34pm
Quoting swano
we re going to rise to 1.44? really ?
or 4230..... LOL.

so why would that be a surprise? 1.44 I mean. What's 80 pips these days?LOL

Joking aside... If we go up watch these levels. Similarly if we go down watch those levels.

These lines have been on my chart for at least 3 months now.
  • #482,063
  • Jul 6, 2011 3:35pm Jul 6, 2011 3:35pm
Yes. we are still in the daily triangle so i think i will sit out the ECB rate announcement tomorrow as things will be volatile

Quoting egkid
Very BUSY And too many things I'm thinking about....
I c 2 big moves in both direction next 2 days
Disclaimer: Check your 1m charts
  • #482,064
  • Jul 6, 2011 3:40pm Jul 6, 2011 3:40pm
Quoting pipper
Is that an inverted Cup & Handle on the 4Hr
i see the inverted cup what does it mean again is it a continuation or reversal?
  • #482,065
  • Jul 6, 2011 3:43pm Jul 6, 2011 3:43pm
Quoting pipper
Is that an inverted Cup & Handle on the 4Hr
i.e small rise up then a continuation sell?
  • #482,066
  • Jul 6, 2011 3:46pm Jul 6, 2011 3:46pm
Quoting egkid

U mean 4380 not 43
stand corrected sir sorry about that
  • #482,067
  • Jul 6, 2011 3:47pm Jul 6, 2011 3:47pm
Generally yes, but may get small rise up and sideways action before rate decision

Quoting swano
i.e small rise up then a continuation sell?
Disclaimer: Check your 1m charts
  • #482,068
  • Jul 6, 2011 3:54pm Jul 6, 2011 3:54pm
in my experience cups are pretty useless as an indicator.

looks more like a double bottom and ready to rise again.

my 2c.

Mitch
  • #482,069
  • Jul 6, 2011 3:57pm Jul 6, 2011 3:57pm
Quoting Mitchoss
in my experience cups are pretty useless as an indicator.

looks more like a double bottom and ready to rise again.

my 2c.

Mitch
nobody trades cup n hand.....
Hero calls followed by margin calls...
  • #482,070
  • Jul 6, 2011 3:57pm Jul 6, 2011 3:57pm
Quoting attila
or 4230..... LOL.

so why would that be a surprise? 1.44 I mean. What's 80 pips these days?LOL

Joking aside... If we go up watch these levels. Similarly if we go down watch those levels.

These lines have been on my chart for at least 3 months now.
was just looking more into this inverted cup handle chart pattern doesnt seem that the handle surpasses the cup

i saw a cup shape and the handle near enough to the base of the cup and some how doubt the rise up to 1.44 level

it a buy position with tight stoploss
thou
  • #482,071
  • Jul 6, 2011 4:03pm Jul 6, 2011 4:03pm
Quoting attila
or 4230..... LOL.

so why would that be a surprise? 1.44 I mean. What's 80 pips these days?LOL

Joking aside... If we go up watch these levels. Similarly if we go down watch those levels.

These lines have been on my chart for at least 3 months now.
chart patterns do fail time to time

and there is a climb from 1.4290

so i believe in you

go on 1.44

lol in an up trend
so.. so far so good
  • #482,072
  • Jul 6, 2011 4:03pm Jul 6, 2011 4:03pm
amen.

some do though *shiver*

Quoting PhAnTi'
nobody trades cup n hand.....
  • #482,073
  • Jul 6, 2011 4:06pm Jul 6, 2011 4:06pm
Quoting pipper
Generally yes, but may get small rise up and sideways action before rate decision
yeah the asian market to
seems to either make slow moves up and down normally

but then can go crazy if the western side is slow?

just generalising
you might seen differently
?
  • #482,074
  • Jul 6, 2011 4:07pm Jul 6, 2011 4:07pm
thou assumption is the mother of all fxxk ups
  • #482,075
  • Jul 6, 2011 4:09pm Jul 6, 2011 4:09pm
Quoting Mitchoss
amen.

some do though *shiver*
untradeable pattern.... imho
Hero calls followed by margin calls...
  • #482,076
  • Jul 6, 2011 4:09pm Jul 6, 2011 4:09pm
Quoting swano
thou assumption is the mother of all fxxk ups
solid post : p
Hero calls followed by margin calls...
  • #482,077
  • Jul 6, 2011 4:09pm Jul 6, 2011 4:09pm
ok out, see ya at london open

Jonas
Hero calls followed by margin calls...
  • #482,078
  • Jul 6, 2011 4:12pm Jul 6, 2011 4:12pm
Quoting PhAnTi'
untradeable pattern.... imho
Now watch the chart paint cups and handles all the way up to 1.7
  • #482,079
  • Jul 6, 2011 4:12pm Jul 6, 2011 4:12pm
Quoting PhAnTi'
solid post : p
why thank you do try to impress
  • #482,080
  • Jul 6, 2011 4:15pm Jul 6, 2011 4:15pm
Quoting SerpentDove
Now watch the chart paint cups and handles all the way up to 1.7
if that happened tonight id eat me shoes and buy a very nice pair indeed afterwards

or not maybe just go for a fancy big mac meal instead
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