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  • #1,941
  • Aug 16, 2011 5:05am Aug 16, 2011 5:05am
EURUSD multiple Cycle_Swing divergences:

Blue line 3 bearish divergences
Purple line one big bearish divergence
Green line hidden bullish divergence.

Quite bearish overall if You consider that UTL holds so far.
1.4350 the most important level for more down move.
If Merkel/Sarkozy will not deliver, expect sharp move downward as FA&TA combo.
Short @ 1.4410
SL @ 1.4420 due to August.
TP open
I will sell more if price goes higher like 1.4435 - 1.4460

Cheers,
Seb
Attached Image (click to enlarge)
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  • #1,942
  • Aug 16, 2011 5:38am Aug 16, 2011 5:38am
Hi All,
Again, no chart but here's my view. I couldn't explain why why would not go below c 1.4368 and I figured out that this corresponds to the 50% level of yesterday upmove at 1.4368.

There has been strong buys each time we've approached this level today.
On the upside, 1.44 has remained a strong res.

So if 1.4368 is holding, we could see further upmove at 1.452. if not... well back to 1.428 ?
I suspect it will all depend on merkel and sarko's meeting of today at the end...
  • #1,943
  • Aug 16, 2011 6:04am Aug 16, 2011 6:04am
The market is waiting for a decision. Main direction still down.

4365 broken.
  • #1,944
  • Aug 16, 2011 6:10am Aug 16, 2011 6:10am
If 1.4368 breaks, next support is at 1.4343, which is also 61% fibo of retracement. Possibly the level to watch out but 1.4368 has been the main level so far today...
  • #1,945
  • Aug 16, 2011 7:42am Aug 16, 2011 7:42am
Ill sell as close as to 4430 +/-5 that is S/L

Ill take a long scalp at 4330. 15 points stop, may add at 4320 if momentum is not too high.
  • #1,946
  • Aug 16, 2011 8:11am Aug 16, 2011 8:11am
we broke the UTL from this morning to the upside... let see if we pass 1.44
  • #1,947
  • Aug 16, 2011 9:08am Aug 16, 2011 9:08am
USDCHF scalp.
Price goes beyond center of gravity and reach the Pivot.

Trade good for fast 10/15 pips. But I will hold with stop on BE and tp open

lets see...
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf01.jpg Size: 184 KB
I'm indeed a talking panda. How are you?
  • #1,948
  • Aug 16, 2011 9:10am Aug 16, 2011 9:10am
Quoting Pandamonium
USDCHF scalp.
Price goes beyond center of gravity and reach the Pivot.

Trade good for fast 10/15 pips. But I will hold with stop on BE and tp open

lets see...
Hey mate, good to hav u back after some time.

Yes sometimes scalps can turn into intradays
  • #1,949
  • Aug 16, 2011 9:32am Aug 16, 2011 9:32am
Hi - back to the computer.

Still within the bullflag of late yesterday.
No clean break of 1.4368. If we break 1.4422 there should be a very good move north: I am still eyeballing 1.452 but we'll need an agreement made in Paris to see that today.
  • #1,950
  • Aug 16, 2011 9:35am Aug 16, 2011 9:35am
Quoting Pandamonium
USDCHF scalp.
Price goes beyond center of gravity and reach the Pivot.

Trade good for fast 10/15 pips. But I will hold with stop on BE and tp open

lets see...

stoped on BE
too greedy

should close with 10/15
I'm indeed a talking panda. How are you?
  • #1,951
  • Aug 16, 2011 9:37am Aug 16, 2011 9:37am
Quoting Pandamonium
stoped on BE
too greedy

should close with 10/15
careful now, very boring market today, no action

Typical summer trading
  • #1,952
  • Aug 16, 2011 9:45am Aug 16, 2011 9:45am
5M Chart attached.
You can see the bullflag between the 2 continuous black lines
Also the red UTL I referred to earlier on as well as the (50% retracement @ 1.4368).



Quoting BrunargarFx
Hi - back to the computer.

Still within the bullflag of late yesterday.
No clean break of 1.4368. If we break 1.4422 there should be a very good move north: I am still eyeballing 1.452 but we'll need an agreement made in Paris to see that today.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD - Rolling Spot.jpg Size: 291 KB
  • #1,953
  • Aug 16, 2011 11:19am Aug 16, 2011 11:19am
Quoting jaylovin
hi spidermen... hope everything is well.. sorry not been around much these days... my analysis for EU... looking for bull setups...

invalidation of this pattern is at 1.4054.. yellow and blue lines are profit targets...
covered at 1.4450... me thinks we revisit 1.4250
  • #1,954
  • Aug 16, 2011 12:39pm Aug 16, 2011 12:39pm
My Fiber and Cable PF's followed nicely. One short filled while I was asleep,
4456, SL: 4482, TP:4227
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Don't get mad, get even!
  • #1,955
  • Aug 16, 2011 12:58pm Aug 16, 2011 12:58pm
Quoting mercy seat
EURO survey ...


http://www.forexfactory.com/attachme...4&d=1313485863



We played it first down since Tokyo ...

Now up from 1.4368 since 09:31 CET during European session ...

With possible TGTs as shown in TABLE ...

A REVERSO between 1.4461 - 1.4530 area ...

Stop down levels at or below 1.4330/27 limits ...




;-|
Quoting mercy seat
Fine ... a few times up and down with it ... and of course with our special kind of techniques ... in order to optimize our results ...

We did add ten times bigger amounts at 1.43586 .... and now unwinded biggest parts at 1.44121 (aprox. 70% of previous entries amount) ...

Sadly looks as if capped soon ...

But we do have some rest-runners still ... with appropriate orders environment ...

So we will look forward for further results impassively ...

Ha ... this has been 17:49 CET...
So we will look forward for further results impassively ...

Ha ... this has been 17:49 CET ...

And then we had our major fun at first ...

Anyway ... now we did A REVERSO again ... with additional manual orders besides our limit orders at super fine levels ...

Our short and REVERSO break even is at 1.44665 exactly atm ...



;-|

Quoting mercy seat
And long again since 1.4383 exactly ...

We did it A REVERSO again ...



;-|
RECAP :

Overall we can be content with the day ...

Just now I closed all positions for ther rest of the day ...

At 1.44023 ...

Aus ... Ende ... Stöpsel raus ...

Next value date is looming ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-08-16_19h58_ EURUSD _ min005 _ (200) candle + Pivots + MA.PNG Size: 41 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,956
  • Aug 16, 2011 1:02pm Aug 16, 2011 1:02pm
I may surprise you but long again @1.44
Target 1.445 min
SL: 1.4375
  • #1,957
  • Aug 16, 2011 1:07pm Aug 16, 2011 1:07pm
Quoting BrunargarFx
I may surprise you but long again @1.44
Target 1.445 min
SL: 1.4375
Yes ...

Fine ... can easily happen ...

But I am fed up now ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,958
  • Aug 16, 2011 1:12pm Aug 16, 2011 1:12pm
Quoting mercy seat
Yes ...

Fine ... can easily happen ...

But I am fed up now ...



;-|
Be aware ... that 1.4425/26 is our 50% retrace from drift down re-action 1.4473 towards 1.4377 ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,959
  • Aug 16, 2011 2:32pm Aug 16, 2011 2:32pm
Thanks mercy
Will keep it in mind
I have moved my SL to 1.4398 now (LTL)

Quoting mercy seat
Be aware ... that 1.4425/26 is our 50% retrace from drift down re-action 1.4473 towards 1.4377 ...



;-|
  • #1,960
  • Aug 16, 2011 2:49pm Aug 16, 2011 2:49pm
closed: +10

dont like the move on Dow


Quoting BrunargarFx
Thanks mercy
Will keep it in mind
I have moved my SL to 1.4398 now (LTL)
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