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  • #821
  • Edited 10:30am Jul 21, 2011 10:16am | Edited 10:30am
Quoting wannaberich
i see Brunagar's 34 but not your 45... MMath?

anyway i guess my 1.4295 is too greedy, isn't it?

let's see how it behaves...
Murrey math reversal pivot.

Dont go for too much. Its basically EOD ( End Of Day) trading. Put stops at BE.
  • #822
  • Jul 21, 2011 10:21am Jul 21, 2011 10:21am
I have 1.4345 as former S/R on 28/06 and 07/07 and 08/07 if this can help.


[quote=wannaberich;4799695]i see Brunagar's 34 but not your 45... MMath?

anyway i guess my 1.4295 is too greedy, isn't it?

let's see how it behaves...
  • #823
  • Jul 21, 2011 10:21am Jul 21, 2011 10:21am
i see your point. and agree. it's a bad habit i have (that i would love to loose) to leave trades running overnight and then not sleeping very well like these last 3 nights

was thinking of adding on a 15m close below 1.43777 'cause below 1.4350 is very lightly on the next 3 hours IMHO but better to close the day happy as these last few have been psychologically damaging...

[quote=T@rantula;4799715]
Quoting wannaberich
i see Brunagar's 34 but not your 45... MMath?

anyway i guess my 1.4295 is too greedy, isn't it?

let's see how it behaves...



Murrey math reversal pivot.

Dont go for too much. Its basically EOD ( End Of Day) trading. Put stops at BE.
dreams do come true.
  • #824
  • Jul 21, 2011 10:28am Jul 21, 2011 10:28am


[quote=BrunargarFx;4799744]I have 1.4345 as former S/R on 28/06 and 07/07 and 08/07 if this can help.


Quoting wannaberich
i see Brunagar's 34 but not your 45... MMath?

anyway i guess my 1.4295 is too greedy, isn't it?

let's see how it behaves...
dreams do come true.
  • #825
  • Jul 21, 2011 10:33am Jul 21, 2011 10:33am
.... and the frog asked the spider:
- why did you sting me? now we'll both gonna drown and die!
and the spider replied:
- it's stronger than me. it's in my nature

LOL

just added short. higher one in on BE so i am taking the same risk here.

reason: tip and cluster formation on the 5m. cycle invalidation on the 15m.

while i write this i am green already
dreams do come true.
  • #826
  • Edited 11:26am Jul 21, 2011 11:02am | Edited 11:26am
Not much profit taking atm
Looks like a bull flag forming on M5. Out at 1.4374.
4389 is 161.8% fib extension of today's range.
It may consolidate between R2 (1.436) and 1.4389.
I'm done for the day, see u all
  • #827
  • Jul 21, 2011 11:39am Jul 21, 2011 11:39am
i need at hourly close below 58 to have a failed break of the upper boundary of the pitchfork and give room for some downer.

till then...

Quoting BrunargarFx
Not much profit taking atm
Looks like a bull flag forming on M5. Out at 1.4374.
4389 is 161.8% fib extension of today's range.
It may consolidate between R2 (1.436) and 1.4389.
I'm done for the day, see u all
dreams do come true.
  • #828
  • Jul 21, 2011 12:01pm Jul 21, 2011 12:01pm
! One of the biggest shake outs I've ever seen. Was looking back at past example of this move and the shakeout in this situation usually 10 to 30 pips. But damn 60 pip shakout here had me give up on the upside move. My target north was 4380 tomorrow but we there in only 4 hours!!!!!!!
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Founder of Sutherland Wave Principle
  • #829
  • Jul 21, 2011 12:10pm Jul 21, 2011 12:10pm
Quoting suthmo
! One of the biggest shake outs I've ever seen. Was looking back at past example of this move and the shakeout in this situation usually 10 to 30 pips. But damn 60 pip shakout here had me give up on the upside move. My target north was 4380 tomorrow but we there in only 4 hours!!!!!!!
welcome to Forex.

You are now officially pimped. ^^
Hero calls followed by margin calls...
  • #830
  • Jul 21, 2011 12:29pm Jul 21, 2011 12:29pm
Opened a short on Cable...

Counter trend trade, rejection of R4.

TP looking for some levels that could stop the retrace like 38,2 and 61,8 of fibo as you can see in the chart.

SL 35 pips.
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I'm indeed a talking panda. How are you?
  • #831
  • Jul 21, 2011 12:35pm Jul 21, 2011 12:35pm
Quoting PhAnTi'
welcome to Forex.

You are now officially pimped. ^^
Yes today I am the markets Bitch. Is ok cause I use protection. Some days I get to go on top.
Founder of Sutherland Wave Principle
  • #832
  • Jul 21, 2011 3:32pm Jul 21, 2011 3:32pm
Quoting Pandamonium
Opened a short on Cable...

Counter trend trade, rejection of R4.

TP looking for some levels that could stop the retrace like 38,2 and 61,8 of fibo as you can see in the chart.

SL 35 pips.
later or tomorrow we talk about MM mate, dont worry.
  • #833
  • Jul 21, 2011 3:33pm Jul 21, 2011 3:33pm
Quoting suthmo
! One of the biggest shake outs I've ever seen. Was looking back at past example of this move and the shakeout in this situation usually 10 to 30 pips. But damn 60 pip shakout here had me give up on the upside move. My target north was 4380 tomorrow but we there in only 4 hours!!!!!!!
Yes, and all after stop hunting/sell the rumor facts. Well thats it.
  • #834
  • Jul 21, 2011 4:11pm Jul 21, 2011 4:11pm
Because of the range mentionned before (1.4366 - 1.439) and a fake and shake, waited for close of H4 to see any reversal pattern, then set up an order for long at 1.4392 with trailing 5 ticks stop after 8pm (SL 1.4388)
Got triggered and closed at +35.
Waiting 1.4445 (major UTL) to open a sneaky short with tight SL, Will be manually managing it.
  • #835
  • Jul 21, 2011 4:29pm Jul 21, 2011 4:29pm
Short Order got triggered at 1.4438 because of broker's spread... My mistake.
Sticking with it anyway because of:
- Time of the day (past 22:00 GMT
- major UTL (nearly reached),
- all my systems showing signs of OB in H4 and below.

SO very likely to be top of today's range, well worth a try. Manually managing it on M5
  • #836
  • Jul 21, 2011 5:01pm Jul 21, 2011 5:01pm
Shooting star candle on H1 close at 23:00 GMT
  • #837
  • Jul 21, 2011 11:40pm Jul 21, 2011 11:40pm
trendline or multi support...........

will look to buy EU on this level......
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  • #838
  • Jul 22, 2011 12:18am Jul 22, 2011 12:18am
Quoting mercy seat
Good morning !


Did not find much time ...

As you can see ... we where busy both ways ...

Details as shown in Survey ...

http://www.forexfactory.com/attachme...1&d=1311311797


Some will get additional info via selectional conversation mode ...



;-|

Good morning fellow traders!



http://www.forexfactory.com/attachme...1&d=1311311797




;-|
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Click to Enlarge Name: 2011-07-21_23h45 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-29.PNG Size: 121 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #839
  • Jul 22, 2011 12:55am Jul 22, 2011 12:55am
730 AM GMT pull back to 4400
11 AM pull back to 4411

Target 4656 ETA 4PM GMT
Founder of Sutherland Wave Principle
  • #840
  • Jul 22, 2011 1:26am Jul 22, 2011 1:26am
Levels to watch for are 4465 as I say, that could be a turning/continuation point and 4340 where support lies.
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