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  • #2,781
  • Sep 9, 2011 10:54am Sep 9, 2011 10:54am
Quoting egkid
Here we Go
closed@3650
+++
Hope u got ur green
Green here mate, good call


Seb
  • #2,782
  • Sep 9, 2011 11:00am Sep 9, 2011 11:00am
Quoting Flynchenberg
Green here mate, good call


Seb
cool
Wanna more?
Then next week
  • #2,783
  • Sep 9, 2011 11:02am Sep 9, 2011 11:02am
Quoting egkid
cool
Wanna more?
Then next week
Always want more


Seb
  • #2,784
  • Sep 9, 2011 11:21am Sep 9, 2011 11:21am
Quoting egkid
cool
Wanna more?
Then next week
great work.. great analysis... hence my vouch to you

1.3855 was my last hope on this.. once broken then its short... target: 1.3535.. break below then we can possibly say hello to 1.28... let see how the structure unfolds... happy weekend to everyone..
  • #2,785
  • Sep 9, 2011 3:15pm Sep 9, 2011 3:15pm
Where is Mercy today?

Maybe he is buried under an avalanche of pips today?

Shall I call the mountain rescue service? :-)
  • #2,786
  • Sep 9, 2011 3:32pm Sep 9, 2011 3:32pm
maybe this:
Attached Image (click to enlarge)
Click to Enlarge Name: 09092011b 4h evening main count bearish eurusd.gif Size: 33 KB
  • #2,787
  • Sep 9, 2011 5:09pm Sep 9, 2011 5:09pm
Quoting infinitus
maybe this:

hola... good to see you back here... how is life buddy?
  • #2,788
  • Sep 9, 2011 5:32pm Sep 9, 2011 5:32pm
Quoting jaylovin
hola... good to see you back here... how is life buddy?
Hey Jaylovin,


how are things going? Wonderful day, wasn't it? :-)


Have been a little bit busy lately, but better busy than without a job :-)


What is your take on the EW side?

Wish you a nice weekend,


Markus
  • #2,789
  • Edited Sep 10, 2011 8:42am Sep 9, 2011 6:15pm | Edited Sep 10, 2011 8:42am
Quoting infinitus
Hey Jaylovin,
how are things going? Wonderful day, wasn't it? :-)
Have been a little bit busy lately, but better busy than without a job :-)
What is your take on the EW side?
Wish you a nice weekend,

Markus

Hi Markus,

more bear next week... i had 1.3630 as a bounce area which happened... but i'm looking at 1.3535 as a target... if that breaks... 1.3380... i said in a previous post 1.28 is possible too... it all depends on how the structure unfolds... at the moment this can be either wave 3 or a wave X.. we're at the bottom TL of the flag on daily and it looks almost certain to break down further...

looking for a swing trade myself...

take care
  • #2,790
  • Sep 10, 2011 7:52am Sep 10, 2011 7:52am
Quoting jaylovin
great work.. great analysis... hence my vouch to you

1.3855 was my last hope on this.. once broken then its short... target: 1.3535.. break below then we can possibly say hello to 1.28... let see how the structure unfolds... happy weekend to everyone..
Thanks brother for the compliment
Trading is fun and i try to enjoy it

U are one of few best Traders in FF and I really consider ur analysis While I'm trading
Hope u can post some more here
  • #2,791
  • Sep 10, 2011 8:40am Sep 10, 2011 8:40am
Quoting egkid
Thanks brother for the compliment
Trading is fun and i try to enjoy it

U are one of few best Traders in FF and I really consider ur analysis While I'm trading
Hope u can post some more here
i am a nobody.. though i have been taught by a trader who gets entries pretty much to the pip... don't know anyone that is as accurate as him... so i try to follow in his path and am most grateful for it

dollar short cycles aren't yet over.. well unless they are over early and we are in the downtrend for the euro... 1.3535-25 i have on my chart then 1.3370..

below that well... i will have to do another analysis - but i won't even consider buying the euro thats for sure...
  • #2,792
  • Sep 11, 2011 5:42pm Sep 11, 2011 5:42pm
EU is in full bearish mode. These are my targets and view.

Attached Image (click to enlarge)
Click to Enlarge Name: eu1.jpg Size: 127 KB


3450 first good support and afterwards we dip to 1.3000 possible. RE-Test of TL? We will see...
  • #2,793
  • Sep 11, 2011 5:51pm Sep 11, 2011 5:51pm
Hi T.
nice chart

I missed most of the move down to 1.3625 on Friday. You had a nice call there. what made you decide to go with the trend? I had 1.382 - 1.384 as good area for profit taking. I wasn't behind the comp most of Friday so I did not place any trade (got lucky on that one coz I wanted to put a scalp long but I would not have been able to manage it) except a short when I saw that there was no retrace beyond 1.373 at the end of the day.

We have now broken the LTL of the downtrend channel on daily. This biatch is going to tank further now. My next area for potential profit taking is more toward the 1.338 - 1.342 area.
If that's the case, I would see 1.382 - 1.384 as capping the retrace and a good place to reload s, what do you think?
Sorry - just realized the line you wrote below your chart - fits perfectly with what I was thinking (c. 1.345 for retrace) but what would be the cap according to you?



Quoting T@rantula
EU is in full bearish mode. These are my targets and view.

Attachment

3450 first good support and afterwards we dip to 1.3000 possible. RE-Test of TL? We will see...
  • #2,794
  • Sep 12, 2011 1:11am Sep 12, 2011 1:11am
Quoting BrunargarFx
Hi T.
nice chart

I missed most of the move down to 1.3625 on Friday. You had a nice call there. what made you decide to go with the trend? I had 1.382 - 1.384 as good area for profit taking. I wasn't behind the comp most of Friday so I did not place any trade (got lucky on that one coz I wanted to put a scalp long but I would not have been able to manage it) except a short when I saw that there was no retrace beyond 1.373 at the end of the day.

We have now broken the LTL of the downtrend channel on daily. This biatch is going to tank further...
On intraday basis I expect drop followed by another drop and retrace. We could also experience a greater retrace but not reversal. This is trending market. I expect 1.3250>1.3000 then we will see what next.

First objective is 1.3500 then 1.3450.
  • #2,795
  • Sep 12, 2011 1:35am Sep 12, 2011 1:35am
Yes
Same here. it will be just a retrace from profit taking. I don't see any reversal taking place at these levels. It's a very steep trendline, similar to what happened in early May of this year, except that this one has some legs. To be honest I'm surprised that we haven't seen a bounce at 1.362X...

So yes, expectig much lower levels atm.

Quoting T@rantula
On intraday basis I expect drop followed by another drop and retrace. We could also experience a greater retrace but not reversal. This is trending market. I expect 1.3250>1.3000 then we will see what next.

First objective is 1.3500 then 1.3450.
  • #2,796
  • Sep 12, 2011 1:38am Sep 12, 2011 1:38am
Quoting BrunargarFx
Yes
Same here. it will be just a retrace from profit taking. I don't see any reversal taking place at these levels. It's a very steep trendline, similar to what happened in early May of this year, except that this one has some legs. To be honest I'm surprised that we haven't seen a bounce at 1.362X...

So yes, expectig much lower levels atm.
3610-3620 are stops for shorts on an intraday basis, Would like an entry as close as possible.
  • #2,797
  • Sep 12, 2011 2:08am Sep 12, 2011 2:08am
Quoting T@rantula
3610-3620 are stops for shorts on an intraday basis, Would like an entry as close as possible.
Good morning fellow traders,

hope you all had a nice weekend :-)


Out of my EW view, we are working on a subwave 5 (ending diagonal) of wave 3 of a wave 3.

In this subwave 5 we are probably in a subwave 4 (up), so I expect a further push down to around 3489 to 3428.

After that we should see upward pressure to around minimum 3610 to ideally around 3730


After that further downside should evolve to around 3180


Sorry for no charts - maybe later in the day
  • #2,798
  • Sep 12, 2011 2:47am Sep 12, 2011 2:47am
I have 1.3625
Closed my shorts earlier but wasn't behind so I did not maximize the profits

Quoting T@rantula
3610-3620 are stops for shorts on an intraday basis, Would like an entry as close as possible.
  • #2,799
  • Sep 12, 2011 3:20am Sep 12, 2011 3:20am
Quoting BrunargarFx
I have 1.3625
Closed my shorts earlier but wasn't behind so I did not maximize the profits
If 3610 is broken 3625 is the maximum sl for technical trading being 3 pips above HH of the day. 3607 Monthly resistance add 5 pips ( 3612 )
  • #2,800
  • Sep 12, 2011 3:45am Sep 12, 2011 3:45am
Quoting T@rantula
If 3610 is broken 3625 is the maximum sl for technical trading being 3 pips above HH of the day. 3607 Monthly resistance add 5 pips ( 3612 )
Closed at 3589 , waiting for further confirmation of possible shorts /intraday trend change.

Patience is needed
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