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  • #241
  • Sep 15, 2011 11:46pm Sep 15, 2011 11:46pm
Riko that is true, however HTF USDX tells a different story.

http://img809.imageshack.us/img809/6...ks16092011.png
  • #242
  • Edited Sep 16, 2011 1:02am Sep 15, 2011 11:50pm | Edited Sep 16, 2011 1:02am
Game plan today on EU long @ 3957 SL 40 TP 4063. (actually LONG @ 3917 instead of 3957)

GU long @ 5907 SL 40 TP 6043.

AUD long @ 0385 SL 40 TP 0517.

GBP CAD long @ 5563 SL 5517 TP 5656
  • #243
  • Sep 16, 2011 12:07am Sep 16, 2011 12:07am
http://img593.imageshack.us/img593/7...rx16092011.png

Also consider IEURX chart, which stands for euro index. It's above WP and above MS1. Next is is MP. So can't really go short now. Also PA hasn't reached the upper band of the channel yet, and it will reach it for sure.
  • #244
  • Sep 16, 2011 12:19am Sep 16, 2011 12:19am
Quoting ruffryders
Game plan today on EU long @ 3957 SL 40 TP 4063.

GU long @ 5907 SL 40 TP 6043.

AUD long @ 0385 SL 40 TP 0517.

GBP CAD long @ 5563 SL 5517 TP 5656


thanks
  • #245
  • Sep 16, 2011 12:24am Sep 16, 2011 12:24am
GBP CAD looks very solid, built a consolidation zone in the 30-60 area, I bought already with SL @ 17 and TP + 125. However, better to wait for the line break.
  • #246
  • Sep 16, 2011 12:39am Sep 16, 2011 12:39am
Quoting ruffryders
GBP CAD looks very solid, built a consolidation zone in the 30-60 area, I bought already with SL @ 17 and TP + 125. However, better to wait for the line break.
in fact I'm so confident that GBP CAD will do 100+ on the upside, I will add lots prolly once we clear first 20 and then 40 pips from the buying level.
  • #247
  • Sep 16, 2011 2:08am Sep 16, 2011 2:08am
now would be a good time for euro to start reversing, see if H7 reversal game is on today.
  • #248
  • Sep 16, 2011 3:14am Sep 16, 2011 3:14am
http://img262.imageshack.us/img262/7...h416092011.png

Ok so now this sucks, the USDX H4, seems as though PA found support on the ML of the fork and at monthly mid pivot, this really really sucks and means that maybe I'll have to adjust the gameplan today to cover the downside scenario on EU and GU as well.
  • #249
  • Sep 16, 2011 3:18am Sep 16, 2011 3:18am
http://img90.imageshack.us/img90/647...fx16092011.png

GBP index is in pretty bad shape, looking @ H4 chart, below MP and WP and below weekly S1 level. Now 5690-5715 area on GU holds the key. If that fails, then surely 5500 will be next up.

Oh well, gotta be sure to cover both scenarios then.
  • #250
  • Sep 16, 2011 3:23am Sep 16, 2011 3:23am
Quoting ruffryders
http://img90.imageshack.us/img90/647...fx16092011.png

GBP index is in pretty bad shape, looking @ H4 chart, below MP and WP and below weekly S1 level. Now 5690-5715 area on GU holds the key. If that fails, then surely 5500 will be next up.

Oh well, gotta be sure to cover both scenarios then.
awaiting H4 candle close, which comes in 40 minutes now.
  • #251
  • Sep 16, 2011 3:29am Sep 16, 2011 3:29am
http://img717.imageshack.us/img717/3629/gbplfxh8.png

Looking at GBP index H8 chart, it's fairly obvious that PA is at a very important level now, so all eyes on the H4 close.
  • #252
  • Sep 16, 2011 4:13am Sep 16, 2011 4:13am
GBP index H4 candle had a good close with a very tall wick, so that should place GBP CAD long in good shape overall.

http://img254.imageshack.us/img254/9...xh41609pt2.png
  • #253
  • Sep 16, 2011 4:14am Sep 16, 2011 4:14am
the suggested gameplan for longs on EU, GU, GCAD is officialy ON.
  • #254
  • Sep 16, 2011 4:19am Sep 16, 2011 4:19am
EJ long at current SL 20 TP 150 current is 105.92
  • #255
  • Sep 16, 2011 4:37am Sep 16, 2011 4:37am
sold USD CHF @ 8742 TP 8653 SL 40
  • #256
  • Sep 16, 2011 4:40am Sep 16, 2011 4:40am
Bought EU now @ 3795 TP is 4067 SL is 25 points now. This is agressive and I recommend to wait for the levels I posted earlier on EU and GU.
  • #257
  • Sep 16, 2011 4:47am Sep 16, 2011 4:47am
http://img259.imageshack.us/img259/5...3016092011.png

Here's USDX reasoning for EJ/EU long and USDCHF short then. It's not random walk as you can see. Going for sup turn res here.
  • #258
  • Sep 16, 2011 4:49am Sep 16, 2011 4:49am
fellas be prepared for AUD USD long it's ON soon time.
  • #259
  • Sep 16, 2011 4:53am Sep 16, 2011 4:53am
patience game is ON now.
  • #260
  • Sep 16, 2011 8:43am Sep 16, 2011 8:43am
http://img90.imageshack.us/img90/411...te16092011.png

quick USDX M30 update. Patience is truly a virtue. However this + brent strong H4 close does reinforce longs on EU/AUD.

http://img856.imageshack.us/img856/5...th4new1609.png

that's BRENT H4.
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