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  • #5,141
  • Oct 28, 2011 7:14am Oct 28, 2011 7:14am
Gold knocking hard on the daily Pivot........

Lets break it.....
  • #5,142
  • Edited 7:53am Oct 28, 2011 7:37am | Edited 7:53am
EURUSD, Weekly, 2011 October 28

I try to take the risk over with EURUSD for the next one (or two) week(s).

Long @ 1.4160 (1/10)

Target 1.4470 (somewhere at this price level maybe it could be the next CCI(14) Weekly Top)

SL @ 1.4010

and have set some Pending Orders Short ~1.4475/1.45 (3/10)

and have some Shorts AUDCAD @ 1.06323 with a TP Level around 1.030
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, Weekly, 2011 October 28.jpg Size: 122 KB
  • #5,143
  • Oct 28, 2011 7:55am Oct 28, 2011 7:55am
EU is trying to break the range. Remember 4197 is the level which needs to be broken.
  • #5,144
  • Oct 28, 2011 8:01am Oct 28, 2011 8:01am
Quoting Forexcube
EURUSD, Weekly, 2011 October 28

I try to take the risk over with EURUSD for the next one (or two) week(s).

Long @ 1.4160 (1/10)

Target 1.4470 (somewhere at this price level maybe it could be the next CCI(14) Weekly Top)

SL @ 1.4010

and have set some Pending Orders Short ~1.4475/1.45 (3/10)

and have some Shorts AUDCAD @ 1.06323 with a TP Level around 1.030
1/10 indicates 1:1 leverage and is perfectly safe entry no matter if stop loss hits.

However in order do make my daily analysis I need to have a valid daily close, since its Friday I need to wait for Monday to determine next levels. From the aspect of MM its very good.
  • #5,145
  • Oct 28, 2011 8:02am Oct 28, 2011 8:02am
Flat middle BB indicates flat PA.

http://clip2net.com/s/1h4de

Those are m30 candels on BB trend following QUAD.
  • #5,146
  • Oct 28, 2011 8:05am Oct 28, 2011 8:05am
Little update:
Belgium Q3 GDP (Prelim.) 0.0% q/q (Prev: 0.4R 4CAST: 0.4)
Crisis? What crisis?
Another pathetic number from EZ....



Seb
EDIT: US$ Index HH, DAX -0.30, FTSE -0.40
  • #5,147
  • Oct 28, 2011 8:12am Oct 28, 2011 8:12am
Quoting egkid
Are it going to stay here all the day@4160
any way I'm off till next week.
C U
Have a good weekend all!

I am packing up as well.... about 100 pips were enough for this ranging action..and I am in no mood to give any of it back

Take care folks.

Its a month of halloween, Market may show some spookiness on Sunday.
Markets are not Random, they are designed!
  • #5,148
  • Oct 28, 2011 8:25am Oct 28, 2011 8:25am
EW M15 so far
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 101 KB
  • #5,149
  • Oct 28, 2011 8:28am Oct 28, 2011 8:28am
Quoting Raza
Have a good weekend all!
Take care Raza and guys, and bring your pips with u.

I may be here 1 more hour to see the action but basically the levels which I posted today are the same.

bear levels<4173>bull levels

On daily chart, candle is a way too big for my taste. For set and forget daily trading It would be:
E:4150
S:4010
TP:4325 ( r:r 1:1)
TP2: 4500 r:r 2:2

Too much for me, as s/l is big even on daily chart.

Remember we are in bullish zone and its best to zoom into smaller intraday tf/s m5 m15 m30
  • #5,150
  • Edited 9:02am Oct 28, 2011 8:31am | Edited 9:02am
Before I go..here is the 1.4929 level I had mentioned last week, shows up on the chart again... cannot find my own post.

Chart 1 Hr.

Note the extreme down side level remained untested @ 1.4039 (Not shown on the chart)It is also the area of a lot of weekly activity.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 119 KB
Markets are not Random, they are designed!
  • #5,151
  • Oct 28, 2011 8:38am Oct 28, 2011 8:38am
Quoting T@rantula
Take care Raza and guys, and bring your pips with u.

I may be here 1 more hour to see the action but basically the levels which I posted today are the same.

bear levels<4173>bull levels

On daily chart, candle is a way too big for my taste. For set and forget daily trading It would be:
E:4150
S:4010
TP:4325 ( r:r 1:1)
TP2: 4500 r:r 2:2

Too much for me, as s/l is big even on daily chart.

Remember we are in bullish zone and its best to zoom into smaller intraday tf/s m5 m15 m30
I am not leaving any trade for the same reason as you..too big of a stop loss only to get hit...Nah..I rather go to the casino..lol..

It remains Bullish with a 5 wave Impulse structure UP..it does not look like an ABC to me..Best view is 4 hr chart.

Have a good weekend.
Markets are not Random, they are designed!
  • #5,152
  • Oct 28, 2011 8:40am Oct 28, 2011 8:40am
My second attempt of the day: Long @ 4151, SL 413, target 425
  • #5,153
  • Oct 28, 2011 8:45am Oct 28, 2011 8:45am
Every new high is being faded so far...
LH,LH,LH,LH anyway...
#
seb
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 3min.jpg Size: 77 KB
  • #5,154
  • Oct 28, 2011 8:49am Oct 28, 2011 8:49am
Volatility is unbelievable.
  • #5,155
  • Oct 28, 2011 8:50am Oct 28, 2011 8:50am
Quoting Raza
Before I go..here is the 1.4929 level I had mentioned last week, shows up on the chart again... cannot find my own post.

Chart 1 Hr.

Note the extreme down side level remained untested @ 1.4039 (Not shown on the chart)It is the also the area of a lot of weekly activity.
Interesting chart, I must admit.
  • #5,156
  • Oct 28, 2011 8:51am Oct 28, 2011 8:51am
Guys we may see 4133>4122
  • #5,157
  • Oct 28, 2011 8:52am Oct 28, 2011 8:52am
Quoting BrunargarFx
My second attempt of the day: Long @ 4151, SL 413, target 425
4130 is valid s/l as break of it targets 4122>4116
  • #5,158
  • Oct 28, 2011 8:54am Oct 28, 2011 8:54am
You are right, it's pushing down hard
Trying to break 1.414, on the other side, 1.4162 acts as res

Quoting Flynchenberg
Every new high is being faded so far...
LH,LH,LH,LH anyway...
#
seb
  • #5,159
  • Edited 9:06am Oct 28, 2011 8:55am | Edited 9:06am
Quoting T@rantula
Interesting chart, I must admit.
Thanks,

...you have seen nothing yet T@rantula.<img data-emoji="blus...1">..They are not even in my profile attachments.

The one posted was made in 2 minutes.
Markets are not Random, they are designed!
  • #5,160
  • Oct 28, 2011 8:57am Oct 28, 2011 8:57am
Out at BE, can't handle that crap
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