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  • #9,341
  • Dec 21, 2011 7:25am Dec 21, 2011 7:25am
Quoting dbfusion
cant now take any positions , specially when the vacations are starting .
Got ur money? Got ur daily target? Relax
  • #9,342
  • Dec 21, 2011 7:27am Dec 21, 2011 7:27am
Quoting T@rantula
Got ur money? Got ur daily target? Relax
hehehe .

yup and I am now browsing the flight tickets
I SEE YOU !!
  • #9,343
  • Dec 21, 2011 8:13am Dec 21, 2011 8:13am
Quoting dbfusion
hehehe .

yup and I am now browsing the flight tickets
  • #9,344
  • Dec 21, 2011 8:33am Dec 21, 2011 8:33am
Quoting T@rantula
True. Thats why I prefer it, every single timeframe. Also take a look at Mihailo's thread, he uses Renko charts an excellent example of a successful technical trader
  • #9,345
  • Dec 21, 2011 8:41am Dec 21, 2011 8:41am
Quoting dbfusion
I am now neutral on market .

only good trades were when I closed.

longer TF gives conflicting signals .

both short and long .

as long as the Lows hold Shorts would not be targeting too much . just selling at the supply zone hoping for 100 pip or so and run away with it .

and some patters for the Big guys who longed since the lows would make them defenatly take some off table now (thats why you saw the quick drop in all charts ) but still can hold for longer reversal ( I don't have the balls to do that )

cant now take any positions , specially...
Hi bro
Happy to see u and T doing very good
Which TF u see conflict I might spot on it with me view if u like
  • #9,346
  • Dec 21, 2011 9:51am Dec 21, 2011 9:51am
Quoting egkid
Hi bro
Happy to see u and T doing very good
Which TF u see conflict I might spot on it with me view if u like

hey brother ,

ok for the EUR aside from the obvious Down move since 4250

and the bigger Down Channel which we are in the center of it now or little lower.

there is a Bullish crap pattern which has 3 main targets 38fib achieved !! and 61fib @ 3320
and ultimately 161fib @ 39 !! or any other sell pattern that emerge.

so for me (and only IMO ) I don't see good reason to short a position here .

unless I will make strict SL @ 38 fib not to see above it . and aim for 200 -300 pips down !
but this scenario is not comfortable enough for me . I don't like tight Sl and strict ones . I like to see how it behaves before rushing into decisions .
and market most of the time hits above few pips and then drops or vice versa
more over , we have 2 days remaining and it will be no trade almost for 2 weeks or more .

(kinda boring to place a position for month or so , and go travel have fun ..etc)

and even if lows got broken 2800 is strong demand and might bring back to 32 . and even if got smashed 2500 is also very strong and could reverse from there 1000+ pips or more to the up .

that could happen just like the beginning of this year ,just 2-3 days extreme sell and a reverse to shove the pips up whomever was short till the mid of next year

but any how at this moment at current prices I think we can see 33 and as long as lows intact I prefer longing
you could even see 3600



so shorting is not my Ideal position ATM.

moreover I will travel around and go to Egypt and come back , so I cant baby sit any position.


I will wait to better entry or skip trading these hawkish 3 weeks to come.

Remember not trading is trading by itself !.
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I SEE YOU !!
  • #9,347
  • Dec 21, 2011 11:24am Dec 21, 2011 11:24am
Quoting dbfusion
hey brother ,

ok for the EUR aside from the obvious Down move since 4250

and the bigger Down Channel which we are in the center of it now or little lower.

there is a Bullish crap pattern which has 3 main targets 38fib achieved !! and 61fib @ 3320
and ultimately 161fib @ 39 !! or any other sell pattern that emerge.

so for me (and only IMO ) I don't see good reason to short a position here .

unless I will make strict SL @ 38 fib not to see above it . and aim for 200 -300 pips down !
but this scenario is not comfortable enough for me . I don't...

1- U R right about waiting some weeks and trade only when ur comfortable
2-There is bullish Bat on weekly chart

3-But at the same time there is breakout on weekly and down move need to go some more hundred ++ to end bearish cycle which started at end of April.
"When i start to sell there and try to tell others look what happen
http://www.forexfactory.com/showthre...78#post4566778

Will post chart on weekend need to go now.
Hope we can meet when u come back to Egypt.
  • #9,348
  • Dec 21, 2011 11:54am Dec 21, 2011 11:54am
Quoting egkid
2-There is bullish Bat on weekly chart
careful with this pattern

it has been triggered already before @ 3180 and achieved 2 targets rallying till 4250, I traded it two months ago .

now it could be void and instead form a butterfly with buy @ 127fib 2370

any price on longer time frame below 1.24 is accumulation IMO.

and sure mate , Why not meet in Cairo
I SEE YOU !!
  • #9,349
  • Dec 21, 2011 1:35pm Dec 21, 2011 1:35pm
Quoting dbfusion
and sure mate , Why not meet in Cairo
  • #9,350
  • Dec 21, 2011 2:04pm Dec 21, 2011 2:04pm
Quoting dbfusion
and sure mate , Why not meet in Cairo
Will b looking forward to that
Just let me know when u come drop me PM

Quoting T@rantula
T This summer we will "Promise"
  • #9,351
  • Dec 21, 2011 9:25pm Dec 21, 2011 9:25pm
Good Morning, 4:30 GMT+1

EURUSD, Daily, 2011 December 22

Take the risk over

Long @ 1.3043 (1/10)

PO Long @ 1.2980 (1/10)

...and trade interim the downs at M1/M5.

Best wishes from Switzerland
FXcube
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  • #9,352
  • Dec 22, 2011 2:27am Dec 22, 2011 2:27am
Today we have reached 3115, imoportant level for bulls and beats. Above that 3131>3148.

By the way 3114 is the highest calculated level for London ( havent posted the table, I overslept a bit)

3055 is median point and below that we have bears in the game.

Bear levels are: 3041>3035>3024>3014>3003>2996
  • #9,353
  • Dec 22, 2011 2:28am Dec 22, 2011 2:28am
Quoting Forexcube
Good Morning, 4:30 GMT+1

EURUSD, Daily, 2011 December 22

Take the risk over

Long @ 1.3043 (1/10)

PO Long @ 1.2980 (1/10)

...and trade interim the downs at M1/M5.

Best wishes from Switzerland
FXcube

Hmm 5h ago, that was 4.30 my time (gmt+1) in the morning...Huh , deep sleep for me Outside of trading hours....Well done anyway Fcube!
  • #9,354
  • Dec 22, 2011 2:38am Dec 22, 2011 2:38am
EU should stay above 3080 in next 20 mins for the next bullish thrust.
  • #9,355
  • Dec 22, 2011 3:05am Dec 22, 2011 3:05am
EU has a hourly close at 3095. Now 3140 again in play. Remember thou 3115 an important level.
  • #9,356
  • Dec 22, 2011 3:33am Dec 22, 2011 3:33am
There has been a momentum fade. EU sitting at the DPP where it has made a double bottom. ONLY below 3080 intraday bulls are in danger where next stop would be 3065. While above 3080 3115 and even 3140 are in play.
  • #9,357
  • Dec 22, 2011 3:56am Dec 22, 2011 3:56am
EURUSD 15mtf
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  • #9,358
  • Dec 22, 2011 4:03am Dec 22, 2011 4:03am
Quoting Munal
Not impressed with the last candle.........
3105 rejected the push to 3115, still ok to scalp 3195+.

Momentum is trying to push higher.
  • #9,359
  • Dec 22, 2011 4:07am Dec 22, 2011 4:07am
Quoting T@rantula
3105 rejected the push to 3115, still ok to scalp 3195+.

Momentum is trying to push higher.

It has engulf around 4 candles in 4 hr most see some action........ A fack move could be there......
  • #9,360
  • Dec 22, 2011 5:09am Dec 22, 2011 5:09am
Short gu

e: 1.5690
sl: 1.5720
tp: 15644
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