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  • #3,801
  • Oct 13, 2011 1:57am Oct 13, 2011 1:57am
Quoting mercy seat
RECAP :

2011-10-12_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-41

This is latest update for EUR/USD as a TABLE survey ...

Pivots and Fibs are fresh ...

ZigZag and Elliott survey is still based on todays intraday moves ...

Das sollte dennoch erst mal genügen ...

I don't think we will see lower than 1.3736/ 33 at first ... as this represents central DPP zone ...





As long as it trades above this supportive...
Lowest pullback has been 1.3752 since new highs ...

During Asian Session the market was not able to find any new direction ... as expected ...

Range has been defined by those two extremes 1.3834 and 1.3752 ...

In the bigger picture a move towards 1.4 is obviosly the next challenge for this pair ... and this remains valid as long as 1.3736 (DPP) - 1.3696 (Dnside-point) may hold ... which seems very likely atm ...

I will post some typical reaction levels and key-turning-points later ... in case of things will have changed.

At the moment there has not much been changed ... and you guys can use those ZigZag surveys (both do have their merits) while the left one shows the range defined by yesterdays HIGH and LOW and the right one shows those last two extremes 1.3834 and 1.3752 ...

It looks to me as if we are still caught in a situation where mkt will tend to buy on any casual dips towards daily pivotal zone (DPP) near 1.3736/ 33 limits or in case of an accidential extention around 1.37 ... as this has been proven to be our last break-point zone ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,802
  • Oct 13, 2011 1:58am Oct 13, 2011 1:58am
Quoting T@rantula
Hello guys,

Here are updated numbers for the day.

3598 acts as a median ( stoploss). To the upside above 3823 we may have a continuation 3836, 3850, 3872. To the downside below 3773 I see 3760, 3742, 3725.

At the moment we may see a false break to the downside as upside is favoured.
Somewhat like this ... yes ...

Agreed ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,803
  • Oct 13, 2011 2:08am Oct 13, 2011 2:08am
Quoting iqyu5an
.
Interesting view...Stochastic bear divergence in progress
  • #3,804
  • Oct 13, 2011 2:12am Oct 13, 2011 2:12am
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,805
  • Edited 2:28am Oct 13, 2011 2:15am | Edited 2:28am
Hidden Bull on Divergence QUAD. Made an entry at 3788 which is already on BE exploiting hidden bull.

HIDDEN divergences or REVERSE divergences usually signal continuation of trend. To some extent on lower TFs usually are good for some 20-30 pips at least so lets see.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 136 KB


FX5 is useful , I have backtested it, just made a slight calibration to parameters. Whoever made it, good job as it saves me time from reading 10+charts
  • #3,806
  • Oct 13, 2011 2:16am Oct 13, 2011 2:16am
Sold some at 1.38055 ...

Ist nicht der Rede wert ...

Covered already at 1.37884 ...


2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,807
  • Oct 13, 2011 2:30am Oct 13, 2011 2:30am
Morning all
The most bad thing when u have many open positions and have no time to follow

Any way some of my sell under water but still hold depends on my plan
today if no drop will close manually with first lose since months

I will try to follow but I'm at my work
  • #3,808
  • Oct 13, 2011 2:31am Oct 13, 2011 2:31am
Quoting T@rantula
Hidden Bull on Divergence QUAD. Made an entry at 3788 which is already on BE exploiting hidden bull.

HIDDEN divergences or REVERSE divergences usually signal continuation of trend. To some extent on lower TFs usually are good for some 20-30 pips at least so lets see.

Attachment

FX5 is useful , I have backtested it, just made a slight calibration to parameters. Whoever made it, good job as it saves me time from reading 10+charts
Currently +30 closed
  • #3,809
  • Oct 13, 2011 2:34am Oct 13, 2011 2:34am
Quoting egkid
Morning all
The most bad thing when u have many open positions and have no time to follow

Any way some of my sell under water but still hold depends on my plan
today if no drop will close manually with first lose since months

I will try to follow but I'm at my work
Just stick to your mm. Id say 3860 culd be next if 3830 is broken. To the downside 3770 needs to be broken then 3730 is next.
  • #3,810
  • Oct 13, 2011 2:38am Oct 13, 2011 2:38am
SL Placed @1.3875 and 1.39
If sl hit then 2 weeks profit are gone
GL All
  • #3,811
  • Oct 13, 2011 2:40am Oct 13, 2011 2:40am
Quoting T@rantula
Hello guys,

Here are updated numbers for the day.

3598 acts as a median ( stoploss). To the upside above 3823 we may have a continuation 3836, 3850, 3872. To the downside below 3773 I see 3760, 3742, 3725.

At the moment we may see a false break to the downside as upside is favoured.
If 3823 DOESNT hold, if it doesnt break to the next level 3836 we may see 3770 and probably that would be the real breakout. So shorts...still have a chance ofcourse.
  • #3,812
  • Oct 13, 2011 2:43am Oct 13, 2011 2:43am
Quoting egkid
SL Placed @1.3875 and 1.39
If sl hit then 2 weeks profit are gone
GL All
3770>3730. Lets see if we get there. Technically you are not endangered yet.

Real continuation only if 3823 holds.
  • #3,813
  • Oct 13, 2011 2:49am Oct 13, 2011 2:49am
We touched 3823 BUT we didnt hold it. 3798 as I said is a median point. If 3823 holds 3798 will be INITIAL stop loss before trailing. If 3773 is broken 3798 again is INITIAL stop loss.

usually if 1st breakout doesnt work 2nd is valid.
  • #3,814
  • Oct 13, 2011 2:57am Oct 13, 2011 2:57am
Hi guys,
I just set a sell limit orders @ 1.0240 and 1.0235 with SL @ 1.0300
TP is 1.000 first
TP2 is .09860.
R/R is 4:1 on first TP and 6:1 on TP2.
My reason is simple: according to wave count we are about to finish correction and a little help from FA like probolems in EZ again or anything really will help us even more.
Second reason is One2One bearish harmonic pattern on H4,Daily and Weekly TF so I GUESS it is very important resistance up there.
If we brake above 1.0308 then my wave count is invalidated as soon as 1.0370 is taken out.

Hope it helps,
Seb
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 41 KB
  • #3,815
  • Oct 13, 2011 3:00am Oct 13, 2011 3:00am
Quoting Flynchenberg
Hi guys,
I just set a sell limit orders @ 1.0240 and 1.0235 with SL @ 1.0300
TP is 1.000 first
TP2 is .09860.
R/R is 4:1 on first TP and 6:1 on TP2.
My reason is simple: according to wave count we are about to finish correction and a little help from FA like probolems in EZ again or anything really will help us even more.
Second reason is One2One bearish harmonic pattern on H4,Daily and Weekly TF so I GUESS it is very important resistance up there.
If we brake above 1.0308 then my wave count is invalidated as soon as 1.0370...

Go for it mate. Been concentrating mostly on EURUSD and CABLE, only did few scalps on AUSSIE yesterday.
  • #3,816
  • Oct 13, 2011 3:01am Oct 13, 2011 3:01am
Ok guys this is getting interesting...3823 failed first time. No continuation yet.
  • #3,817
  • Oct 13, 2011 3:11am Oct 13, 2011 3:11am
Bounce QUAD entry:

E:3785
S:3817
TP:3720

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 101 KB


Stops moves to 3798
  • #3,818
  • Oct 13, 2011 3:16am Oct 13, 2011 3:16am
Quoting T@rantula
Bounce QUAD entry:

E:3785
S:3817
TP:3720

Attachment

Stops moves to 3798
first might consolidate here at 1.3762 a little... but target at 1.3716 as you
  • #3,819
  • Oct 13, 2011 3:18am Oct 13, 2011 3:18am
Quoting egkid
Morning all
The most bad thing when u have many open positions and have no time to follow

Any way some of my sell under water but still hold depends on my plan
today if no drop will close manually with first lose since months

I will try to follow but I'm at my work
Limit-Orders and Stop-Orders are made for that ...

Anyway ... it is always better to make much more use of those facillities ...

Not ... too much baby-sitting ... make use of LIMITS ...

That's why they are made for ...

FOREX is nothing for people who are concerned on other kind of working ...

And I do feel who is really a trader ... or only an occasionally "Plapperhannes" ... but mostly a long-term boring amateur ...

Theoretiker etcetera pp ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,820
  • Oct 13, 2011 3:18am Oct 13, 2011 3:18am
Quoting jaylovin
first might consolidate here at 1.3762 a little... but target at 1.3716 as you
After 30 pips ill put it on BE
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