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  • #542,341
  • Sep 22, 2011 11:21am Sep 22, 2011 11:21am
Quoting key4success
wont go beyond 3419..how you can say with so much confidence.??...?
u must mistaken wat i said..it supposed to be " i wont put my TP beyond 3419"..but the market can go wherever it wants..sorry for the misconception
  • #542,342
  • Sep 22, 2011 11:21am Sep 22, 2011 11:21am
Quoting mrbandwidth
And how are you saying 3350 with the same confidence??

Daily support stands at 1.3330...So I think I may go down to 1.3350-1.3330
  • #542,343
  • Sep 22, 2011 11:23am Sep 22, 2011 11:23am
Quoting egkid
I posted this when e/u was @ 1.48xx 30 April "I keep selling since it"
while all calling for 1.50 i said

My TP Hit 1.3385
BTW I Found nice chart i made before some weeks when PA 1.45
Good call, I agree. I arrive at the same conclusions via Elliot Waves. The Euro has a long way left to fall, and I'll be adding positions as it goes. Also going long on the dollar index atm. In Euro, I'll be looking to hold short positions over time, and add positions with every major correction. It'll hit 1:30 soon enough, but has lots of further downside potential...
Attached Image (click to enlarge)
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Channeling profits from the fractal universe.
  • #542,344
  • Sep 22, 2011 11:24am Sep 22, 2011 11:24am
Quoting key4success
Daily support stands at 1.3330...So I think I may go down to 1.3350-1.3330
You would need another 300 points down on the Dow to get that IMHO, don't see that happening, I think the market will rally this afternoon, but you never know, maybe when everyone on Wall St. gets back from lunch they'll sell the market down more.
Yay! Pips for everyone!
  • #542,345
  • Sep 22, 2011 11:29am Sep 22, 2011 11:29am
Seems it's UP (for now), guys. I think the same as Pipsforall.

But tomorrow if we get 1.3565...
Use me as a contrarian indicator
  • #542,346
  • Sep 22, 2011 11:33am Sep 22, 2011 11:33am
Hello guys, i'd like to share something with you. This is simply beautifull picture ...


I'm going to cry !!


Attached Image (click to enlarge)
Click to Enlarge Name: edek.gif Size: 26 KB
  • #542,347
  • Sep 22, 2011 11:33am Sep 22, 2011 11:33am
Quoting Pipwanderer
m5

impulsive bear candles on h4...i think a reversal is due sometime
stop loss hit a be still mixed bag
  • #542,348
  • Sep 22, 2011 11:34am Sep 22, 2011 11:34am
Quoting mrbandwidth
Seems it's UP (for now), guys. I think the same as Pipsforall.

But tomorrow if we get 1.3565...
May be you're right if we see this level there will be swing low after small consolidation, but such massive selfoff of Dow is no good buying signal, I think will close this week below 1.35
  • #542,349
  • Sep 22, 2011 11:37am Sep 22, 2011 11:37am
..
Quoting kuroro001
1,342x is the key in my opinion as well...

Daily close above 1,3500 should kill the bears...but market is pretty dead right now
look to enter later.. which ever direction. looks good for the bull atm too much demand at the bottom
  • #542,350
  • Sep 22, 2011 11:37am Sep 22, 2011 11:37am
Quoting mrbandwidth
Very nice chart, but with what target down?

Thanks in advance
It's actually a question of what target up? above the shadowed area in the chart i posted a few ago there's also a consolidation range, if it happens and we break to that area then i doubt any "strong" moves to the downside, however, you can use fibo. expantions to determine the downside target but a more reliable method is a high volume down bar with wide spread and perhaps closing well of its lows with the next bar level or higher would indicate that buyers stepped into the market and that further movements to the downward is now impossible UNLESS BUYING DISAPPEARS AGAIN, the following chart is a great example of what im talking about but in case of up bars

here's a chart i posted a week ago for the same moments but on M15
Attached Image (click to enlarge)
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I recommend you read something else as this sentence is now concluded.
  • #542,351
  • Sep 22, 2011 11:38am Sep 22, 2011 11:38am
Quoting Black Hole
Hello guys, i'd like to share something with you. This is simply beautifull picture ...


I'm going to cry !!


Attachment
yeah two beautiful trend continual formations
  • #542,352
  • Sep 22, 2011 11:40am Sep 22, 2011 11:40am
Quoting mrbandwidth
Seems it's UP (for now), guys. I think the same as Pipsforall.

But tomorrow if we get 1.3565...
short 3480 sl 3505...im still believing resistance .3480 still strong..but who knows right..we only can assume
  • #542,353
  • Sep 22, 2011 11:41am Sep 22, 2011 11:41am
dont be fooled guys u know this game its all up & down play
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  • #542,354
  • Sep 22, 2011 11:42am Sep 22, 2011 11:42am
3457 price to watch for bull continuation or bears are in charge again
  • #542,355
  • Sep 22, 2011 11:45am Sep 22, 2011 11:45am
Quoting Pipwanderer
3457 price to watch for bull continuation or bears are in charge again
1.35 is not taken i'm a bear and i will go short
  • #542,356
  • Sep 22, 2011 11:49am Sep 22, 2011 11:49am
Quoting Pipwanderer
1.35 is not taken i'm a bear and i will go short
1,351x and i'll clear my long
COT: The precious data ignored
  • #542,357
  • Sep 22, 2011 11:49am Sep 22, 2011 11:49am
Quoting Pipwanderer
1.35 is not taken i'm a bear and i will go short
I'm with you two guys just opened short with small stop TP 1.3415
  • #542,358
  • Sep 22, 2011 11:52am Sep 22, 2011 11:52am
this is awesome!!! go chicago bulls!! the bulls are charging just like on the video below!!

Inserted Video
  • #542,359
  • Sep 22, 2011 11:53am Sep 22, 2011 11:53am
Back into earlier channel it seems.. Conf after breaking out on S2

http://img171.imageshack.us/img171/1696/piprange.gif
  • #542,360
  • Sep 22, 2011 11:53am Sep 22, 2011 11:53am
Quoting Pipwanderer
1.35 is not taken i'm a bear and i will go short

Beware: price has touched my bearish Parabolic SAR of 1min (and hasn't be able to do that since 1.3800!!).

Hence, now 1min SAR is in bullish mode for a while. Bears will have their moment again but not now.
Use me as a contrarian indicator
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