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  • #3,201
  • Sep 28, 2011 2:49am Sep 28, 2011 2:49am
EU in buy the dips mode for now. We will have a bigger retracment in the day , lets try to catch it.
  • #3,202
  • Sep 28, 2011 2:51am Sep 28, 2011 2:51am
Quoting Flynchenberg
Good Morning.
I'm waiting for suprise of the day: Finland will NOT pass the amendment to the EFSF framework and Euro will dive down like no tomorrow.
Just a guessing game,
Let's see,

Seb
Good work Seb
  • #3,203
  • Edited 3:18am Sep 28, 2011 3:04am | Edited 3:18am
Quoting T@rantula
Good work Seb
NP
EDIT: Volume chart blue rectangle is awesome LOL.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m15.jpg Size: 164 KB
  • #3,204
  • Sep 28, 2011 3:33am Sep 28, 2011 3:33am
Lets see the reaction at 3610. We may dip from here, but that needs to happen in next 30 mins.
  • #3,205
  • Sep 28, 2011 3:49am Sep 28, 2011 3:49am
Quoting T@rantula
Lets see the reaction at 3610. We may dip from here, but that needs to happen in next 30 mins.
Needs to dip some more this is not enough to call it proper.
  • #3,206
  • Sep 28, 2011 4:09am Sep 28, 2011 4:09am
Quoting T@rantula
Needs to dip some more this is not enough to call it proper.
Valid. 3585 was needed at least. It jumped as presumed.
  • #3,207
  • Sep 28, 2011 4:32am Sep 28, 2011 4:32am
Quoting Forexcube
EURUSD, Daily, 2011 September 28

The CCI Divergence could offer an upside movement (so also Stochastics) with the fine adjustment if 1.3580 could be really one of an entry point (H4 against it), so also 1.3533 (mS1) & 1.3488 (DS1). The Pivotals should be seen as approximate values. Daily MACD up, too. I'll take a look also where silver is going.
See #3192

Exit at 1.3628 (mR1) just now, take the profit out (+48 Pips) and go short @ 1.3628 just now, next shorts around 1.3676 & 1.3720.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M30, 2011 September 28.jpg Size: 127 KB
  • #3,208
  • Sep 28, 2011 5:07am Sep 28, 2011 5:07am
If this 30 min candel closes below or close to 3630 might take a short
  • #3,209
  • Sep 28, 2011 5:15am Sep 28, 2011 5:15am
Hi all,
I am looking at the same levels too.
Today we broke the UTL formed from the highs of the 22/09 and yesterday at 1.3636.

I now have 1372 - 1.374 area on the cards to close my long and revert short. There may be a possible overshoot to 1.38
After that down to 1.30x


Quoting Forexcube
See #3192

Exit at 1.3628 (mR1) just now, take the profit out (+48 Pips) and go short @ 1.3628 just now, next shorts around 1.3676 & 1.3720.
  • #3,210
  • Sep 28, 2011 5:19am Sep 28, 2011 5:19am
Quoting T@rantula
If this 30 min candel closes below or close to 3630 might take a short
Spot a bearish divergence on MACD.

Need to close below 3630 m30, if it doesnt, ill patiently wait for another SHORT setup.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 72 KB


P.S.By the time I wrote this the price has already gone upwards. SO in the case of divergence trading strategy, need to see the close first then I will determine another level for shorts.

3630 is invalidated.
  • #3,211
  • Sep 28, 2011 5:24am Sep 28, 2011 5:24am
Ps: What time is the Finnish vote due at? Is it 12pm GMT?
  • #3,212
  • Sep 28, 2011 5:28am Sep 28, 2011 5:28am
Right now I would say 1.3734 (UTL of bearflag channel).
May be the Fins will vote no and Fiber will revert straight back down...
1.3734 would be a great level to go short
  • #3,213
  • Sep 28, 2011 5:46am Sep 28, 2011 5:46am
Quoting BrunargarFx
Right now I would say 1.3734 (UTL of bearflag channel).
May be the Fins will vote no and Fiber will revert straight back down...
1.3734 would be a great level to go short
I moved my SL to 1.3725 other closed at BE, bastards

Did that out of pure sentiment that this thing will go down today no matter how the Finns vote, but then again, been wrong more then once today already
Don't get mad, get even!
  • #3,214
  • Sep 28, 2011 6:49am Sep 28, 2011 6:49am
Quoting Forexcube
See #3192

Exit at 1.3628 (mR1) just now, take the profit out (+48 Pips) and go short @ 1.3628 just now, next shorts around 1.3676 & 1.3720.
See #3207

Cascading Entries & Exits under controllable risk.

Short was triggered at DR1 1.3677

Exit @ 1.3643

Profit: +34 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2011 September 28.jpg Size: 110 KB
  • #3,215
  • Sep 28, 2011 8:13am Sep 28, 2011 8:13am
As i was telling...

The perfect short setup....and damn I wasnt anywhere near the computer.

I will post revised chart in a minute. Just got back as I try to respect my trading hours.
  • #3,216
  • Sep 28, 2011 8:22am Sep 28, 2011 8:22am
Quoting T@rantula
As i was telling...

The perfect short setup....and damn I wasnt anywhere near the computer.

I will post revised chart in a minute. Just got back as I try to respect my trading hours.
Blue line is the point where the short would have been taken.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 74 KB
  • #3,217
  • Sep 28, 2011 8:26am Sep 28, 2011 8:26am
Quoting T@rantula
As i was telling...

The perfect short setup....and damn I wasnt anywhere near the computer.

I will post revised chart in a minute. Just got back as I try to respect my trading hours.


3585 looks like possible bounce area, or rather the area for me to take some profits from the move.
Attached Image (click to enlarge)
Click to Enlarge Name: eu28093.gif Size: 41 KB
Don't get mad, get even!
  • #3,218
  • Sep 28, 2011 8:39am Sep 28, 2011 8:39am
Quoting Forexcube
See #3207

Cascading Entries & Exits under controllable risk.

Short was triggered at DR1 1.3677

Exit @ 1.3643

Profit: +34 Pips
Nice, and clear explanation.
  • #3,219
  • Sep 28, 2011 8:45am Sep 28, 2011 8:45am
Quoting stulic


3585 looks like possible bounce area, or rather the area for me to take some profits from the move.
Yes or ..maybe we are already going up.

Opened a long at 3620, as a scalp but may turn it to intraday lets see

Attached Image (click to enlarge)
Click to Enlarge Name: euc.jpg Size: 129 KB
  • #3,220
  • Sep 28, 2011 8:52am Sep 28, 2011 8:52am
Quoting T@rantula
Yes or ..maybe we are already going up.

Opened a long at 3620, as a scalp but may turn it to intraday lets see

Attachment
Looks like it, cable already retested daily highs, I closed +50
Don't get mad, get even!
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