Kill the ego, or it will kill the mission.
- #8,241
- Nov 8, 2011 11:53am Nov 8, 2011 11:53am
- Joined Jun 2011 | Status: Scratching my head. | 3,576 Posts
- #8,242
- Nov 8, 2011 11:55am Nov 8, 2011 11:55am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Well then this must be more up your alley.
Have to admit I am no expert at optimal supply & demand sniffing.
Your thoughts please
.
But when I dont see any any clear direction on Daily - I will try switch to 4H for looking any Point forming in there - and this is might be one of the scenario - Let me know how do you though
Now am eye 1.3930-50 till tomorrow London Session - For now I dont have any position now - For me we are still in the middle range - down 137 up 138 - Not good for swing but might be good for scalp - while am not scalp
Note : Why my post keep show in the Top of the Pages
If there was easy money lying around,no one would be forcing it into your
- #8,244
- Nov 8, 2011 12:05pm Nov 8, 2011 12:05pm
- Joined Jun 2011 | Status: Scratching my head. | 3,576 Posts
Kill the ego, or it will kill the mission.
- #8,245
- Nov 8, 2011 12:07pm Nov 8, 2011 12:07pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I dont see any clear ascending on daily mate - I even dont see any clear pattern so far on my daily - personally I am still believe it might be right shoulder
But when I dont see any any clear direction on Daily - I will try switch to 4H for looking any Point forming in there - and this is might be one of the scenario - Let me know how do you though
Now am eye 1.3930-50 till tomorrow London Session - For now I dont have any position now - For me we are still in the middle range - down 137 up 138 - Not good for swing but might be good for...
Chart 2: D1 Ascending Triangle
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Those who say it cannot be done should not interrupt those who are doing it
- #8,247
- Nov 8, 2011 12:20pm Nov 8, 2011 12:20pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Chart 1: H4 Ascending Triangle
Chart 2: D1 Ascending Triangle
.
Thanks
Attached UJ 4H Chart - The Wave that am try connected and connecting - Long seem not good now
If there was easy money lying around,no one would be forcing it into your
- #8,248
- Nov 8, 2011 12:26pm Nov 8, 2011 12:26pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I see that - Seem we draw differently as am always connected and connecting the higher high of each waves and the lowest low of each wave - for every wave form - Interesting - lets said if this is valid ascending then your 1.39 still valid or more higher
Thanks
Attached UJ 4H Chart - The Wave that am try connected and connecting - Long seem not good now
If price breaks and holds below rising trend line support, then the plan changes.
Those who say it cannot be done should not interrupt those who are doing it
- #8,249
- Nov 8, 2011 12:30pm Nov 8, 2011 12:30pm
Check out this chart. It is the Euro/CAD daily. As you can see, This cross has been basically flat for over a month.
My conclusion is that it is still all about the USD, and Euro is just the USDs little side kick...
...
Since SNB put a floor on CHF it is much harder to tell, if the EURUSD is driven more by EUR or USD. But, USD is the 'forex king', so perhaps it is always to blame.
- #8,251
- Nov 8, 2011 12:39pm Nov 8, 2011 12:39pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Yes 1.39 or higher is still valid... for now.
If price breaks and holds below rising trend line support, then the plan changes.
I am the one extremely believe everything In this life wont be happens Just like that and Its same as Trading - This is am found when drawing each lines - each waves - and Its very amazing - Every Open and Close have the meaning of it - and We will see that everything is connected and connecting - Need hard work for that - Market like our Life - Sometimes Up sometimes Down - and when we are going down - we wont go down forever if wants try hard and take action of it - here a little bit Gift for your kindness for maintain a good thread here - I am believe for this month we might see 73.5 (Max) level for the last Stop - Red trendlines - Unless "Crazy" thing happening again - But again I might be wrong
If there was easy money lying around,no one would be forcing it into your
- #8,252
- Nov 8, 2011 12:58pm Nov 8, 2011 12:58pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #8,254
- Nov 8, 2011 1:03pm Nov 8, 2011 1:03pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
One might think it was the biggest EUR problem looking at the chart
Now that the Berlusconi issue is out of the way, the focus will turn to the European Fictitious Stability Farce.
Also consider that just because he said he would resign after the 2012 austerity budget is passed, does not mean he actually will. Time will tell.
Those who say it cannot be done should not interrupt those who are doing it
- #8,255
- Nov 8, 2011 1:04pm Nov 8, 2011 1:04pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
One might think it was the biggest EUR problem looking at the chart
If there was easy money lying around,no one would be forcing it into your
- #8,256
- Nov 8, 2011 1:06pm Nov 8, 2011 1:06pm
- Joined Sep 2011 | Status: I make Rambo look like a boy scout. | 1,472 Posts
Well I'll be dipped in shellac
Berlusconi agrees to resign after austerity law passes?
Wow!!!
ADD: Risk is back on
Let's see how far this will go or how whippy it will get
.... Or will I be
for opening my big mouth.
I think we will see a Berlusconi resignation followed by a huge bull run and a short squeeze on retail traders high on hopium only to get slammed dunked with reality by big macro bears, banks and big funds waiting for their prey. Remember JP Morgan and City were building short positions up there.
I don't care which way the market is going as long as it's going my way
- #8,260
- Nov 8, 2011 1:37pm Nov 8, 2011 1:37pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
What if austerity doesnt pass? 
"I know one thing, that I know nothing." Sokrates