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  • #2,901
  • Sep 14, 2011 2:40am Sep 14, 2011 2:40am
Quoting T@rantula
Technicals says we should go down. First stop for shorts is 3632 and final stop 3655. Possible target levels are 3560 > 3520>3480

If 3595 isnt touched in next few hours 3720 could be seen again.


Attachment

Jawohl ...

As long as 1.3579 / 1.3571 may hold for this morning ... we can expect one more attempt to print further upside rates at around 1.3725 - 1.3739 (yesterdays high) or even a test at 1.3759 in case of an extention ...

We have still got a possible Elliott TGT at around 1.3799 and 1.3839 in our surveys ...

Yesterday we traveled the whole session upwards with some positions on board from below 1.3570 area ... up to 1.3733xx area ...

Then we played it A REVERSO until now at 1.36092 roughly ...

Now we are long again ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,902
  • Sep 14, 2011 2:42am Sep 14, 2011 2:42am
Quoting T@rantula
We are experiencing momentum switch.

Buy as close as to 3630-20. Stops around 3595. Targets 3720+
Yes thanx ... we did already ...


2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,903
  • Sep 14, 2011 2:48am Sep 14, 2011 2:48am
Quoting stulic
Yeah it's pretty doom and gloom again fundamentally too. Merkel/Sarkozy meeting again, conference call with Papandreu, French bank downgrades, China not keen on stepping in on bond purchases...
I'll be looking to short E/U around 1.37 and Aussie around 1.03
Yes 3700-3720, but we also have a good resistance around 3670 80 levels. Only IF they are not taken out ( stops close to 95) we might see 3600 again.
  • #2,904
  • Sep 14, 2011 2:48am Sep 14, 2011 2:48am
Quoting mercy seat
Yes thanx ... we did already ...


Was a bit late into this move. Missed it completely. I was waiting for a retrace and retest of 3630.
  • #2,905
  • Sep 14, 2011 5:04am Sep 14, 2011 5:04am
Filled at 3697 SL 3736 but will definitely stock up on more shorts around yesterday's high if we get there, would not be shorting higher above though.
Attached Image (click to enlarge)
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Don't get mad, get even!
  • #2,906
  • Sep 14, 2011 5:23am Sep 14, 2011 5:23am
Quoting stulic
Filled at 3697 SL 3736 but will definitely stock up on more shorts around yesterday's high if we get there, would not be shorting higher above though.
I am waiting to see if we have a close above 3710. Would like to short it also with same stop, eventually 3745.
  • #2,907
  • Sep 14, 2011 6:45am Sep 14, 2011 6:45am
Quoting T@rantula
I am waiting to see if we have a close above 3710. Would like to short it also with same stop, eventually 3745.
Okey-dokey ...

No ... I don't do that ...

My nose tells me it is set for further upside ...

But some scalps you can try from higher levels ...

Next challenge will be 1.3749 - 1.3759 ... and as mentioned earlier, before 1.3822/ 3840 (major DPR+2 zone) which has been considered as an extention - we still do have some Elliott TGTs which has not been taken out until now close to 1.3782/ 99 ...

Miss Merkel Ferkel will have some phone call conference later with Sarkozy and Papandreou ... this is sheduled at late afternoon / early evening hours CENTRAL EUROPEAN TIME ...

And I expect major spikes from that time ...

Until that point of time we will be set for those levels as mentioned already ...

Overall ... limited recovery games ... that is the name we give these strutures ...

If liked we can do the scalping gigolo both sides way within 1.3709/ 1.3695 and 1.3732/ 1.3749 band until it breaks ... hehe ^^



Faites vos jeux!



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,908
  • Sep 14, 2011 7:35am Sep 14, 2011 7:35am
3745 proved support. Lets see the retrace. ideal buy i see it 3660.
  • #2,909
  • Sep 14, 2011 7:36am Sep 14, 2011 7:36am
Quoting mercy seat
Okey-dokey ...

No ... I don't do that ...

My nose tells me it is set for further upside ...

But some scalps you can try from higher levels ...

Next challenge will be 1.3749 - 1.3759 ... and as mentioned earlier, before 1.3822/ 3840 (major DPR+2 zone) which has been considered as an extention - we still do have some Elliott TGTs which has not been taken out until now close to 1.3782/ 99 ...

Miss Merkel Ferkel will have some phone call conference later with Sarkozy and Papandreou ... this...
Yes. SHort from 3735 is indeed a good one.
  • #2,910
  • Sep 14, 2011 8:30am Sep 14, 2011 8:30am
Highest been 1.37480 BID ...

Lowest afterwards been 1.36919 ASK ...

Still further upside possible ...

Maybe capped then ...

As limited recovery still the name of these games ... unless 1.3840 has not been broken ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-14_15h29_ EURUSD _ min005 _ (150) candle + Pivots + MA.PNG Size: 38 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,911
  • Sep 14, 2011 8:40am Sep 14, 2011 8:40am
Quoting mercy seat
Highest been 1.37480 BID ...

Lowest afterwards been 1.36919 ASK ...

Still further upside possible ...

Maybe capped then ...

As limited recovery still the name of these games ... unless 1.3840 has not been broken ...



;-|
I see longs only above 3750. Ofcourse scalping on 1m 5m is different. Higher TFs, only above 3750 where 3750 must be retested.
  • #2,912
  • Sep 14, 2011 10:43am Sep 14, 2011 10:43am
Hi guys,
My harmonics indicator works again.
I have missed a great buy opportunity in green harmonic support level. As you can see, projected level was giving IDEAL ABCD formation buy signal 42 pips sooner @ 1.3533 ( low here was 1.3491).

Nevertheless, there was One2One bearish formation with IDEAL sell signal @ 1.4559 (high here was 1.4550).

This means that dropping through 1.3670 - 1.3400 ABCD harmonic support green rectangle zone will open mire downside rick up to 127%AB Fib Extension of bullish ABCD @ 1.3151.

Hope it helps,

Seb
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  • #2,913
  • Sep 14, 2011 1:17pm Sep 14, 2011 1:17pm
Quoting T@rantula
I see longs only above 3750. Ofcourse scalping on 1m 5m is different. Higher TFs, only above 3750 where 3750 must be retested.
Yes thank you T@ra for your well meant hints ...

And we did hit that area as well ... and I did expect that ...

Now we closed our positions from early morning ... loaded with a reversal order at 1.36092 zone...

At 1.37641 ... here and now prior to rollover ...



Quoting mercy seat
Okey-dokey ...

No ... I don't do that ...

My nose tells me it is set for further upside ...

But some scalps you can try from higher levels ...

Next challenge will be 1.3749 - 1.3759 ... and as mentioned earlier, before 1.3822/ 3840 (major DPR+2 zone) which has been considered as an extention - we still do have some Elliott TGTs which has not been taken out until now close to 1.3782/ 99 ...

Miss Merkel Ferkel will have some phone call conference later with Sarkozy and Papandreou ... this is sheduled...

And again we did cash some nice long pip-move of more than 150 pips with a nice and convenient load on board ...

And yes ... we do not trade 1 or 5 min TFs ... as you know that since a longer time ... we are trading with our system ... which is much more efficient ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-14_20h00_ EURUSD _ min020 _ (150) candle + Pivots + MA.PNG Size: 25 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,914
  • Sep 14, 2011 1:28pm Sep 14, 2011 1:28pm
I was not trading, as the target profit has been reached but analysis is valid.

A daily close above or close to 3750 and hello to 3850
  • #2,915
  • Sep 14, 2011 4:06pm Sep 14, 2011 4:06pm
Yes ... higher move is possible ...

Did play some little short pos. from 1.37736 ...

Highest been close to 1.3784 afterwards ...

Therefore our estimated Elliott zone has been touched as well ...

Now all shorts been covered as well ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,916
  • Sep 14, 2011 4:17pm Sep 14, 2011 4:17pm
Hello Killers
Have no much trading last couple of days just scalping
Time to get some nice +++
  • #2,917
  • Sep 14, 2011 4:31pm Sep 14, 2011 4:31pm
next level is 1.3840... 1.3905 then 1.4054... expecting to short at one of these areas down to 1.3280
  • #2,918
  • Sep 14, 2011 4:41pm Sep 14, 2011 4:41pm
Quoting jaylovin
next level is 1.3840... 1.3905 then 1.4054... expecting to short at one of these areas down to 1.3280
1-It's all about ur entry point
2- ECB President Trichet Speaks Tomorrow ++

I finished my Plan TP , SL And my entry point
Will post more when my daily Close
  • #2,919
  • Sep 14, 2011 5:22pm Sep 14, 2011 5:22pm
Quoting egkid
1-It's all about ur entry point
completely agree with your point there... these are levels i am looking for potential entries... not necessarily to take...

at the moment we are going to hit 1.3840 imo... trade your plan brother
  • #2,920
  • Sep 14, 2011 5:37pm Sep 14, 2011 5:37pm
Quoting jaylovin
completely agree with your point there... these are levels i am looking for potential entries... not necessarily to take...

at the moment we are going to hit 1.3840 imo... trade your plan brother
When looking to ur points "Very good understanding S , R "
In my view smart money Just Start to get IN above 3750
Will check my daily close later , Time to get some sleep
Catch u tomorrow dear brother
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