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  • #9,141
  • Dec 15, 2011 1:13am Dec 15, 2011 1:13am
right now we are hovering at the median point of t's level.

expecting bullish bounce up

entered long scout small micro lot
will bail if support broken
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Have I got something on my face, SOLDIER?
  • #9,142
  • Dec 15, 2011 1:13am Dec 15, 2011 1:13am
Quoting T@rantula
Yes. Have u seen the reaction to 3031? It couldnt even retest 3055
Very correct and accurate analysis..was also top of my bear flag...
Good Work Master T
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #9,143
  • Dec 15, 2011 1:18am Dec 15, 2011 1:18am
Quoting BlackWid0w
Very correct and accurate analysis..was also top of my bear flag...
Good Work Master T
  • #9,144
  • Dec 15, 2011 1:32am Dec 15, 2011 1:32am
Bigger Picture......


The target remains the same the low of Jan 2011....
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  • #9,145
  • Dec 15, 2011 1:36am Dec 15, 2011 1:36am
Quoting Munal
Bigger Picture......


The target remains the same the low of Jan 2011....
Yes, 2920 and 2875 on daily TF.
  • #9,146
  • Dec 15, 2011 1:40am Dec 15, 2011 1:40am
Quoting BlackWid0w
Good Morning all,

Morning Tarantula,

I have no trades as of yet but will be watching :

a) LTL
b) Bear flag
c) Various bull levels

Current Trades based on Lower bear flag channel Lines

Have a lovely day all

Regards
BW
Bear Flag Playing out to the T :-)
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #9,147
  • Dec 15, 2011 1:45am Dec 15, 2011 1:45am
Quoting BlackWid0w
Bear Flag Playing out to the T :-)
Indeed, now we are speaking Bearish full throttle.
  • #9,148
  • Dec 15, 2011 1:46am Dec 15, 2011 1:46am
long stopped out -12
Have I got something on my face, SOLDIER?
  • #9,149
  • Dec 15, 2011 1:51am Dec 15, 2011 1:51am
Quoting T@rantula
Yes, 2920 and 2875 on daily TF.
This is some serious stuff.

According to what I know about E/U...and wave structure.

If 1.2940 breaks...It can fall to 1.20xx fast thats a 1000 pip drop from 1.3032...and then Parity.....Regardless of any Oversold indicator.

Move is gonna be fast!

So stop loss is a must and buying every pause is gonna cause a Margin call..
Markets are not Random, they are designed!
  • #9,150
  • Dec 15, 2011 1:52am Dec 15, 2011 1:52am
Quoting Raza
This is some serious stuff.

According to what I know about E/U...and wave structure.

If 1.2940 breaks...It can fall to 1.20xx fast thats a 1000 pip drop from 1.3032...and then Parity.....Regardless of any Oversold indicator.

Move is gonna be fast!

So stop loss is a must and buying every pause is gonna cause a Margin call..

tasty....

how bout a chart to support ur theory/analysis?
Have I got something on my face, SOLDIER?
  • #9,151
  • Dec 15, 2011 1:57am Dec 15, 2011 1:57am
Quoting bumapatria
tasty....

how bout a chart to support ur theory/analysis?
Chart for You.

Even though you learn averything from Volume to Astrology for trading but ELLIOTT!

It may not make sense .
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Markets are not Random, they are designed!
  • #9,152
  • Dec 15, 2011 2:02am Dec 15, 2011 2:02am
Quoting Raza
Chart for You.

Even though you learn averything from Volume to Astrology for trading but ELLIOTT!

It may not make sense .
i get the picture. although is the 61.8 extension not a viable target for the wave end? or is the 161.8 the more reliable one? also the 127.6 isnt that possible for a wave end?
Have I got something on my face, SOLDIER?
  • #9,153
  • Dec 15, 2011 2:02am Dec 15, 2011 2:02am
EUUD.. 5 min..long at cross..2912stop below spike btm
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  • #9,154
  • Dec 15, 2011 2:04am Dec 15, 2011 2:04am
Quoting Raza
This is some serious stuff.

According to what I know about E/U...and wave structure.

If 1.2940 breaks...It can fall to 1.20xx fast thats a 1000 pip drop from 1.3032...and then Parity.....Regardless of any Oversold indicator.

Move is gonna be fast!

So stop loss is a must and buying every pause is gonna cause a Margin call..
Stop loss is always a must and traders need to learn from previous mistakes...That is what happened to those who were longing EUR when it tanked 2y ago...

When we have very strong trend, counter moves must be restricted. Thats when levels come into play and MM.

I see 2600 for mid term, will post the chart later.

And guys..we will see the retracements thats for sure....I dont think it will be a straight drop. SO dont sell the supports until they turn into resistance.
  • #9,155
  • Dec 15, 2011 2:06am Dec 15, 2011 2:06am
Quoting bumapatria
i get the picture. although is the 61.8 extension not a viable target for the wave end? or is the 161.8 the more reliable one? also the 127.6 isnt that possible for a wave end?
If you open your weekly chart....You will see where the supply demand levels are... I am sure you know how to spot thoses levels..

Then you will see it can go to 161.8% or even 261.8% and @ those places there is supply or Demand...

Post your weekly chart in few minutes showing Demand / supply.

I am waiting for your weekly chart.

As for the 61.8% level..market may take a breather there after if it drops 1000 pips.I dont believe in 127.6% levels...or 88.6%.
Markets are not Random, they are designed!
  • #9,156
  • Dec 15, 2011 2:11am Dec 15, 2011 2:11am
USdx will it retest the broken TL first then rise?



raza got any counts on dollar index?
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Have I got something on my face, SOLDIER?
  • #9,157
  • Dec 15, 2011 2:17am Dec 15, 2011 2:17am
Quoting bumapatria
USdx will it retest the broken TL first then rise?



raza got any counts on dollar index?
My broker does not provide DX.
Markets are not Random, they are designed!
  • #9,158
  • Dec 15, 2011 2:31am Dec 15, 2011 2:31am
Lets see if we can see sellers around now........
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  • #9,159
  • Dec 15, 2011 2:34am Dec 15, 2011 2:34am
This rejection off the 2958 could be a sort of profit taking where we may see a consolidation soon (after h1 close)
  • #9,160
  • Dec 15, 2011 2:34am Dec 15, 2011 2:34am
EUUD''5 min out for 22 that will do me..UD index looks to be hard down at mo..1 hr 30 min 15 and 5,,.. all CCIs have turned down at this poin in time..
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