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  • #6,681
  • Nov 14, 2011 4:24am Nov 14, 2011 4:24am
Back to our main concerns ...

The safest part of the move down might have been done for now ... firstly ...

Lowest been taken (ask) has been 1.3681 roughly ...

2011-11-14 _ (11h18 CET) EUR-USD _ 030min _ 000 Heiken Ashi 240-514-40

Midday soon in good old Europe ...




;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-11-14 _ (11h18 CET) EUR-USD _ 030min _ 000 Heiken Ashi 240-514-40.GIF Size: 79 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,682
  • Nov 14, 2011 4:30am Nov 14, 2011 4:30am
Quoting T@rantula
Good morning traders.

EU levels for London session:

3758 median point/initial stop

Bullish configuration: 3776>3784( bullish continuation)>3797>3810>3824>3832
Bearish configuration: 3741>3733 (bearish continuation)>3719>3706>3693>3685
All London bearish levels have been hit.

Would like to see longs in US session...Why?

Because we had a sell off last week then another RALLY which was even faster. Usually after faster counter direction we have a continuation.

Lets patiently wait until US session.
  • #6,683
  • Nov 14, 2011 4:34am Nov 14, 2011 4:34am
Quoting T@rantula

Would like to see longs in US session...Why?

Because we had a sell off last week then another RALLY which was even faster. Usually after faster counter direction we have a continuation.
great T
something I have been considering aswell.


aligater
born to speculate
  • #6,684
  • Nov 14, 2011 4:37am Nov 14, 2011 4:37am
Quoting T@rantula
All London bearish levels have been hit.

Would like to see longs in US session...Why?

Because we had a sell off last week then another RALLY which was even faster. Usually after faster counter direction we have a continuation.

Lets patiently wait until US session.
Jawohl ... I think as well ... that's the best we can do for now ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,685
  • Edited 4:53am Nov 14, 2011 4:39am | Edited 4:53am
Pivotal levels 1.3710 -1.3670


aligater
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born to speculate
  • #6,686
  • Nov 14, 2011 5:43am Nov 14, 2011 5:43am
Quoting aligater
Pivotal levels 1.3710 -1.3670


aligater
Jawoll ...

And did you see ... that weak rebound from 1.3656 area ... ?

Looks as if many afterwards shitters are awoke in the mkt now ...

Trying to pee a little late in same old direction ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,687
  • Nov 14, 2011 6:07am Nov 14, 2011 6:07am
Quoting Forexcube
EURUSD, Weekly, 2011 November 14
EURUSD, H4, 2011 November 14
EURUSD, H1, 2011 November 14

I've set a Long/Short-Tandem.

Long @ 1.3784 (1/10)
Target @ DR1 1.3839 (DR1)
see also the Fib 50% (1.3847) Daily: 2011.08.29-2011.1004
(Weekly till 1.4050 R3 or Fib 61.8% ~1.4075 all possible)

&

Short @ 1.3781 (1/10)
Target @ indefinite
(H1/H4: CCI14 Top actual)

Be aware H4:
Lastly, we've got hidden bearish divergence. This occurs when price makes a lower high (LH), but the oscillator is making a higher high (HH). By now you've probably guessed that...
See #6655


EURUSD, H4, 2011 November 14
EURUSD, H1, 2011 November 14

H4 CCI(14) is located in the middle area just now. Have the Hidden Bearish Divergence enough power to go more down?

I take an Exit at H1 and will trade at M1/M5 more the downward movements, if so.

Exit @ 1.3659

Profit: +121 Pips

Maybe that the Daily could go till 1.3617 (DS1)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, H4, 2011 November 14.jpg Size: 98 KB
Click to Enlarge Name: EURUSD, H1, 2011 November 14.jpg Size: 96 KB
  • #6,688
  • Nov 14, 2011 6:12am Nov 14, 2011 6:12am
Quoting Forexcube
See #6655


EURUSD, H4, 2011 November 14
EURUSD, H1, 2011 November 14

H4 CCI(14) is located in the middle area just now. Have the Hidden Bearish Divergence enough power to go more down?

I take an Exit at H1 and will trade at M1/M5 more the downward movements, if so.

Exit @ 1.3659

Profit: +121 Pips

Maybe that the Daily could go till 1.3617 (DS1)
Well done mate.

Seb
  • #6,689
  • Nov 14, 2011 6:18am Nov 14, 2011 6:18am
EURUSD, M5, 2011 November 14

CCI(14) Divergence at M5, M15 & M30

I take the risk over at M5 with (1/10) more.

Long @ 1.3656
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2011 November 14.jpg Size: 95 KB
Click to Enlarge Name: EURUSD, M15, 2011 November 14.jpg Size: 96 KB
Click to Enlarge Name: EURUSD, M30, 2011 November 14.jpg Size: 96 KB
  • #6,690
  • Nov 14, 2011 6:24am Nov 14, 2011 6:24am
Quoting Forexcube
EURUSD, M5, 2011 November 14

CCI(14) Divergence at M5, M15 & M30

I take the risk over at M5 with (1/10) more.

Long @ 1.3656
Das wollt' ich sehen ...

Same her ... A REVERSO since 1.36505 ...

Retour mit "MS Vevey" ... hehe^^




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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,691
  • Nov 14, 2011 6:34am Nov 14, 2011 6:34am
Shorts below 3680 are valid. PA is getting back where it was on Friday. Clear profit taking on Friday and US bank holiday. 3650 barrier has been broken. We should dip to 3620>3590 unless 3680 is taken out
  • #6,692
  • Nov 14, 2011 6:36am Nov 14, 2011 6:36am
Quoting Flynchenberg
AUDUSD H1 One2One bearish level @ 1.0295

If You are going short then SL is @ 1.0320.

And there are more levels to go short and on higher TF it loos like some serious Bearish Gartley is Bulding up.
And as we all know, rule no1 is that we do not f@ck around with Bearish Gartley on high TF.

Seb

EDIT: The same pattern @ H4 TF so this is serious.
Hi,
The post was Friday evening after London close.
+80 so far.
Max drawdown:17 pips.
SL @ 1.0320 was never hit.

This is where we are now.

Seb
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  • #6,693
  • Nov 14, 2011 6:40am Nov 14, 2011 6:40am
Quoting Flynchenberg
Bat Bearish @ 1.3807 - 1.3817 on H1.
Very narrow time span for that pattern, about 3h if no reversal then invalidated.

Seb
Hi,
This was Nov 11, 2011 17:24 GMT+2
We never got to 1.3807 or so, high was 1.3794
Price reversed within 2h. Price action indicates that someone is selling to 1.3800 into this last of kind of a Doji candle. Next down candle is confirmation, retracing more than 50% of big bull candle.


This is how it looks now.


Seb
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  • #6,694
  • Nov 14, 2011 6:40am Nov 14, 2011 6:40am
Quoting mercy seat

Looks as if many afterwards shitters are awoke in the mkt now ...

Trying to pee a little late in same old direction ...

;-|
born to speculate
  • #6,695
  • Nov 14, 2011 6:42am Nov 14, 2011 6:42am
Quoting mercy seat
Das wollt' ich sehen ...

Same her ... A REVERSO since 1.36505 ...

Retour mit "MS Vevey" ... hehe^^




;-|
Profitable adjustments done ...

BE long 1.3638 now and afterwards ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,696
  • Nov 14, 2011 6:44am Nov 14, 2011 6:44am
Quoting aligater
great T
something I have been considering aswell.


aligater
No longs setups before 3680 is taken out, direction remains bearish as 3650 has been broken.

3590 possible.
  • #6,697
  • Nov 14, 2011 6:52am Nov 14, 2011 6:52am
Quoting T@rantula
No longs setups before 3680 is taken out, direction remains bearish as 3650 has been broken.

3590 possible.
3650 as not been broken and i think we could have major bounce there since it was broken to the up side on friday without a test...thats my view i am taking long in this zone
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #6,698
  • Nov 14, 2011 6:55am Nov 14, 2011 6:55am
Quoting donfriday
3650 as not been broken and i think we could have major bounce there since it was broken to the up side on friday without a test...thats my view i am taking long in this zone
It has been broken but we still dont have a valid close below as we are in consolidation hours.

If we close below 3630 3650 will tuern into an intraday resistance, and we are on the way to 3590
  • #6,699
  • Nov 14, 2011 6:56am Nov 14, 2011 6:56am
Quoting donfriday
3650 as not been broken and i think we could have major bounce there since it was broken to the up side on friday without a test...thats my view i am taking long in this zone
Yeah,
It could be low of the day as well.
But I would wait for confirmation/second test of the low.


Seb
  • #6,700
  • Nov 14, 2011 7:00am Nov 14, 2011 7:00am
Quoting T@rantula
It has been broken but we still dont have a valid close below as we are in consolidation hours.

If we close below 3630 3650 will tuern into an intraday resistance, and we are on the way to 3590
we often have fake signal before major market open which i have seen many times when trading, base on my manual settings for me to sell it will take another 2hrs candle closing price if not i am buying this support ..look at last 3hrs on cable...
MY OPINION NOT FINANCIAL ADVISE
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