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  • #9,521
  • Jan 12, 2012 8:47am Jan 12, 2012 8:47am
USDCAD

previous top and hanging at 38.2 fib level weekly pivot (though candle yet to be complete)

either harami or hanging man lets see what it develops......
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  • #9,522
  • Jan 12, 2012 8:53am Jan 12, 2012 8:53am
1.2819 on EU
  • #9,523
  • Jan 12, 2012 9:07am Jan 12, 2012 9:07am
e/u
1.2875 will b in play , No sell for me under it
  • #9,524
  • Jan 12, 2012 10:17pm Jan 12, 2012 10:17pm
It's Creating very Interesting Pattern
One of these Pattern U like it T
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  • #9,525
  • Jan 12, 2012 10:21pm Jan 12, 2012 10:21pm
Quoting egkid
It's Creating very Interesting Pattern
One of these Pattern U like it T
Ah have same conclusion
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  • #9,526
  • Jan 12, 2012 10:34pm Jan 12, 2012 10:34pm
Quoting egkid
e/u
1.2875 will b in play , No sell for me under it
PA touched 1.2875
From 2875 to 2925 =Sell zone
Let's c if i read it right or wrong
  • #9,527
  • Jan 12, 2012 11:54pm Jan 12, 2012 11:54pm
Hey guys, hey Egkid

2875 should provide a scalp zone at least before next momentum push. Here are the levels for London session.

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  • #9,528
  • Jan 13, 2012 12:06am Jan 13, 2012 12:06am
Cable range trade

Cable range was broken earlier. BPC pattern could prove useful if any.

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  • #9,529
  • Jan 13, 2012 12:24am Jan 13, 2012 12:24am
Hello Traders.
Markets are not Random, they are designed!
  • #9,530
  • Jan 13, 2012 12:25am Jan 13, 2012 12:25am
Quoting T@rantula
Cable range trade

Cable range was broken earlier. BPC pattern could prove useful if any.

Attachment
Nice rejection of 5360. cable at 5380 currently.
  • #9,531
  • Jan 13, 2012 12:27am Jan 13, 2012 12:27am
Quoting Raza
Hello Traders.
Hey Raza, long time no see. How r u? Whats up? What is your current view of the market?
  • #9,532
  • Jan 13, 2012 12:35am Jan 13, 2012 12:35am
Quoting T@rantula
Hey Raza, long time no see. How r u? Whats up? What is your current view of the market?
Hello Trantula,

I am here where else I can be ... I must admit I am hooked..lol..

Just not posting ...got a busy scheduel with everything else in life and School just started.

This was the View last night and one more chart to support this.

4 hr is overbought ATM..but weekly and daily have Bullish divergence.

Daily usually produces 300 to 400 pips whereas Weekly 600 -900.
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Markets are not Random, they are designed!
  • #9,533
  • Jan 13, 2012 12:44am Jan 13, 2012 12:44am
Quoting Raza
Hello Trantula,

I am here where else I can be ... I must admit I am hooked..lol..

Just not posting ...got a busy scheduel with everything else in life and School just started.

This was the View last night and one more chart to support this.

4 hr is overbought ATM..but weekly and daily have Bullish divergence.

Daily usually produces 300 to 400 pips whereas Weekly 600 -900.
yep 2780 in the game unless new high is taken. As EG said 2875 was the great shorting zone. It was fading the top indeed.
  • #9,534
  • Edited 12:59am Jan 13, 2012 12:46am | Edited 12:59am
Quoting T@rantula
yep 2780 in the game unless new high is taken. As EG said 2875 was the great shorting zone. It was fading the top indeed.
Ya I read that last night...good perception EG!!

below 1.2830-26 I believe is the short trigger and above 1.2869 is Bullish to 1.29xx zone for now.

The ultimate short below 1.2777.. IMO.. to 1.2600

So we may go from 1.2827 to 1.2917- 27 ( 100 pips)first.
Markets are not Random, they are designed!
  • #9,535
  • Jan 13, 2012 1:02am Jan 13, 2012 1:02am
Quoting Raza
Ya I read that last night...good perception EG!!

below 1.2830-26 I believe is the short trigger and above 1.2869 is Bullish to 1.29xx zone for now.

The ultimate short below 1.2777.. IMO.. to 1.2600

So we may go from 1.2827 to 1.2927( 100 pips)first.
We also may see 2875-2780 in case 2830 and especially 2815 gets broken. 2815 is important as it needs to be broken on a way to 2780
  • #9,536
  • Jan 13, 2012 1:05am Jan 13, 2012 1:05am
Quoting T@rantula
We also may see 2875-2780 in case 2830 and especially 2815 gets broken. 2815 is important as it needs to be broken on a way to 2780
yup.

Patience required...

I am going to sleep for a bit..
Markets are not Random, they are designed!
  • #9,537
  • Jan 13, 2012 1:38am Jan 13, 2012 1:38am
2816 now pay attention to levels now. 2816 needs to be broken for bearish level count. Still fading the top 2875 was purely the best option due to a wide Asian range.

We might see a good ATR in case level counts are respected.
  • #9,538
  • Jan 13, 2012 1:49am Jan 13, 2012 1:49am
Notice 2816 reactions..
  • #9,539
  • Jan 13, 2012 1:58am Jan 13, 2012 1:58am
Quoting T@rantula
Notice 2816 reactions..
Important level...Rejection. If u have read my posts carefully U have noticed that Top and Bottom levels are always good for scalping and grabbing fast pips.
  • #9,540
  • Jan 13, 2012 2:27am Jan 13, 2012 2:27am
Quoting T@rantula
We also may see 2875-2780 in case 2830 and especially 2815 gets broken. 2815 is important as it needs to be broken on a way to 2780
2816>2849>2789, almost full projection has been made.
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