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  • #1,381
  • Aug 3, 2011 3:44am Aug 3, 2011 3:44am
Quoting mercy seat
Nun ja ... Gold is not really down ...

It is off from it' higher highs ... yes ...



;-|
Might just getting positioned for better new long entries before widely expected bad adp estimate?
I would go long at yesterdays high around 1660. Spread doesn't allow for any scalping attempts.
Don't get mad, get even!
  • #1,382
  • Aug 3, 2011 4:03am Aug 3, 2011 4:03am
Quoting Flynchenberg
The market is extremly harmonic: H4 Bullish Gartley just pop out. Ideal level to buy is 1.4124-1.4130
Pattern would be invalid if price break through 1.4089 within next 2h I guess.

Seb

EDIT: Euro sell of across the board, most pairs have reached their daily ATR, so I would watch this developments very closley.
EDIT2: 9.40 we have a new daily LL. More downside? Gartley says buy.
This is me 27h ago: H4 Bullish Gartley.

This is again spot on trading setup , 22 pips Potential reversal Zone:
ab=cd leg of latest swings was 1.4146 ( the lowest here is 1.4143)
ad=0.786xa @ 1.4124
I do not know why this is happening and I do not understand that but this is another example of harmonic trading that turned out to be absolutley spot on, before the Swiss interwention/comments.

Nevertheless, there is another harmonic pattern on H4:5-0 Bearish, and that is a reversal pattern. According to this pattern you can go short from levels:
1.4347 is the first level, very aggressive.
1.4366 is ideal level to go short
1.4390 is line in the sand.

Will see what will happen then,
Green pips,
Seb
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h4.jpg Size: 159 KB
  • #1,383
  • Aug 3, 2011 4:24am Aug 3, 2011 4:24am
Hi Flynch,
May be because it is holiday time, there are less players and harmonic patterns play better.
i like your level of 14366. I have 1.437x as ultimate on my charts before another plunge.


Quoting Flynchenberg
This is me 27h ago: H4 Bullish Gartley.

This is again spot on trading setup , 22 pips Potential reversal Zone:
ab=cd leg of latest swings was 1.4146 ( the lowest here is 1.4143)
ad=0.786xa @ 1.4124
I do not know why this is happening and I do not understand that but this is another example of harmonic trading that turned out to be absolutley spot on, before the Swiss interwention/comments.

Nevertheless, there is another harmonic pattern on H4:5-0 Bearish, and that is a reversal pattern. According to this pattern you can go short from levels:
1.4347...
  • #1,384
  • Aug 3, 2011 4:25am Aug 3, 2011 4:25am
Quoting stulic
Might just getting positioned for better new long entries before widely expected bad adp estimate?
I would go long at yesterdays high around 1660. Spread doesn't allow for any scalping attempts.

I don't trade gold ... I even don't like golden watches ... oder Goldkettchen gar ...

Not my instrument ...

Technically still well bid ... maybe in a retracement phase today ...



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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,385
  • Aug 3, 2011 5:10am Aug 3, 2011 5:10am
Started one short from 1.43165 ...

No stop ... maybe above 1.4337 / 45

TGT open ... maybe re-test 1.4283 / 61 ...



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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,386
  • Aug 3, 2011 5:29am Aug 3, 2011 5:29am
Quoting mercy seat
Started one short from 1.43165 ...

No stop ... maybe above 1.4337 / 45

TGT open ... maybe re-test 1.4283 / 61 ...



;-|

ADP 114k ...

Better than expected ... but bad anyway ...

Could have been better ... not a big deal ... so re-test of break points ... as mentioned ...



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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,387
  • Aug 3, 2011 5:59am Aug 3, 2011 5:59am
Im back guys, today i was absent most of the day needed to take care of some personal stuff.

Hope all is well. need some time to rescan the charts
  • #1,388
  • Aug 3, 2011 6:06am Aug 3, 2011 6:06am
DOW opens in 25 mins. Due to good ADP numbers it should be positive, that could lift EU pair to weekly pivot and beyond. (4375)

Until then 4340 remains interim resistance
  • #1,389
  • Aug 3, 2011 6:19am Aug 3, 2011 6:19am
Quoting T@rantula
DOW opens in 25 mins. Due to good ADP numbers it should be positive, that could lift EU pair to weekly pivot and beyond. (4375)

Until then 4340 remains interim resistance
Jawohl ...

I re-loaded at 1.43411 ...

Manually ... at market ...

Stops at 1.4353 ... with dynamic trailing ...

Same procedure as before ... the positions from previous entry has been covered as well near figure ... 66% of previous entry amount ...

Adjustment at 1.43222 ...



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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,390
  • Aug 3, 2011 6:20am Aug 3, 2011 6:20am

but I don't know beyond 1.4375, that's going to be tough to break.

Quoting T@rantula
DOW opens in 25 mins. Due to good ADP numbers it should be positive, that could lift EU pair to weekly pivot and beyond. (4375)

Until then 4340 remains interim resistance
  • #1,391
  • Aug 3, 2011 6:22am Aug 3, 2011 6:22am
Although the real bear territory will start with a cut below previous breakout zone ...

That has been 1.4283 ...



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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,392
  • Aug 3, 2011 6:35am Aug 3, 2011 6:35am
Covered again partials at 1.43063 ...

Reason ... it is a sytem key-point on my enhanced survey ...



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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,393
  • Aug 3, 2011 6:36am Aug 3, 2011 6:36am
Well it has been a good ride for me today and although I still have numbers of 1.437, my main target remains 1.40xx atm. I don't see hat could propel Eur up (unless bad US data and Trichet) so I don't want to enter a long right now or pick a top and then get caught - so I'll just remian flat for the rest of the day.
Green pips to all
  • #1,394
  • Aug 3, 2011 6:38am Aug 3, 2011 6:38am
double tops on 15mtf seems gr8
  • #1,395
  • Aug 3, 2011 6:53am Aug 3, 2011 6:53am
1.4283 is a hard nut ...

As expected ...

Covered at 1.42863 therefore ...




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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,396
  • Aug 3, 2011 7:06am Aug 3, 2011 7:06am
Quoting BrunargarFx

but I don't know beyond 1.4375, that's going to be tough to break.
double top on h1. and bearish engulfer on h1. 4250 could be next
  • #1,397
  • Aug 3, 2011 7:30am Aug 3, 2011 7:30am
Two times rejected ...

Enough for today ... der Rest ist mir LATTE ...

Was not a boring day ... I must say ...





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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,398
  • Aug 3, 2011 7:32am Aug 3, 2011 7:32am
... 4212 could be in play. DP is just below...

i am currently looking at 4263 (monthly pivot among other reasons) to resume up and break 4340 to 4363.

would like to close my short there and long but that would be a too big sl to put it below 4212...

well, guess i'll have to wait for mr. market to tell me what to do...
dreams do come true.
  • #1,399
  • Aug 3, 2011 7:36am Aug 3, 2011 7:36am
Quoting T@rantula
double top on h1. and bearish engulfer on h1. 4250 could be next
Validated. Now either a jump or 4220.
  • #1,400
  • Aug 3, 2011 7:45am Aug 3, 2011 7:45am
Tokyo open pivotal point at 1.4261 did hold so far ...

Genug ...

London will close soon ... from timing prospective we get less quality then ...



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Attached Image (click to enlarge)
Click to Enlarge Name: 2011-08-03_16h40_ EURUSD _ min005 _ (120) candle + Pivots + MA.PNG Size: 37 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
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