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  • #587,021
  • Jan 23, 2012 1:24am Jan 23, 2012 1:24am
Quoting MaxDoom
morning everyone,

just read the last couple of pages, so glad to see everyone getting along and helping each other out


As for this distracting thing called the EURUSD...

No real change from Friday for me, the daily trend is still officially down but could be on the turn having made a higher high and an upper TL break, we need to see a higher low and/or 1.3076 to give out for some confirmation. Otherwise the bear may still be lurking.

At the moment on the H1 chart I still have a valid wave 5 of 5 count with a taraget zone 1.3010-1.3050....

max, see it ranging for a while now between 1.2850-1.2950. a clear break of either would give long/sell signals until then no trade zone.

want to know your opinion on the same?
  • #587,022
  • Jan 23, 2012 1:38am Jan 23, 2012 1:38am
donno know whats on the offering and when the results will come ?
  • #587,023
  • Jan 23, 2012 1:40am Jan 23, 2012 1:40am
Quoting Nachiket
max, see it ranging for a while now between 1.2850-1.2950. a clear break of either would give long/sell signals until then no trade zone.

want to know your opinion on the same?
Hi, if it ranges I think upside could be further at 1.2985 that recent high.
  • #587,024
  • Jan 23, 2012 1:48am Jan 23, 2012 1:48am
any one like this seesaw move
Mohan
  • #587,025
  • Jan 23, 2012 1:49am Jan 23, 2012 1:49am
Quoting screwup
touching my 2nd. tp ...

woww 3rd. tp hit at 2901
  • #587,026
  • Jan 23, 2012 1:54am Jan 23, 2012 1:54am
Quoting mohan76
any one like this seesaw move

nope better to stay out. now its ranging between 10 pips. lol
  • #587,027
  • Jan 23, 2012 1:54am Jan 23, 2012 1:54am
weird move last 5 minutes...VERY seldom. For what's the market waiting for ? Any news coming up ? Very nervous I think.
  • #587,028
  • Jan 23, 2012 2:00am Jan 23, 2012 2:00am
Back at work. Hope everyone has a great week. Green pips to all!
  • #587,029
  • Jan 23, 2012 2:04am Jan 23, 2012 2:04am
Quoting JackintheBox
weird move last 5 minutes...VERY seldom. For what's the market waiting for ? Any news coming up ? Very nervous I think.

there was results news @ 7:45 gmt
  • #587,030
  • Jan 23, 2012 2:10am Jan 23, 2012 2:10am
even if the midchannel doesnt work here, theres a previous high support that is likely to play out
Attached Image (click to enlarge)
Click to Enlarge Name: eu123.png Size: 60 KB
  • #587,031
  • Jan 23, 2012 2:20am Jan 23, 2012 2:20am
I'm not sure we are going higher from here, see the rising wedge in gold on H1
  • #587,032
  • Jan 23, 2012 2:26am Jan 23, 2012 2:26am
may be something cooking ? , both stock market and currency sparked up , i am 6 pip away from daily target , thinking about closing book for the day.
Mohan
  • #587,033
  • Jan 23, 2012 2:33am Jan 23, 2012 2:33am
Wow pretty complex chart!

Quoting Cerber.bf2
even if the midchannel doesnt work here, theres a previous high support that is likely to play out
  • #587,034
  • Jan 23, 2012 2:35am Jan 23, 2012 2:35am
Quoting MaxDoom
morning everyone,

No real change from Friday for me, the daily trend is still officially down but could be on the turn having made a higher high and an upper TL break, we need to see a higher low and/or 1.3076 to give out for some confirmation. Otherwise the bear may still be lurking.

At the moment on the H1 chart I still have a valid wave 5 of 5 count with a taraget zone 1.3010-1.3050.

Long from 88.
so far so good
Attached Image (click to enlarge)
Click to Enlarge Name: a1.gif Size: 21 KB
  • #587,035
  • Jan 23, 2012 2:41am Jan 23, 2012 2:41am
  • #587,036
  • Jan 23, 2012 2:52am Jan 23, 2012 2:52am
My eyes, they see. Gap has earned my respect. I guess now, 80% chance, we be in 15 to 25 pip range for next couple hours, or 20% chance we go up to 2980 area.
  • #587,037
  • Jan 23, 2012 2:53am Jan 23, 2012 2:53am
Quoting MaxDoom
so far so good
did you book it or holding , i don't feel good (dax and eu moving in different direction ), Asian paid me well may be good to take some rest now
Mohan
  • #587,038
  • Jan 23, 2012 3:05am Jan 23, 2012 3:05am
Quoting sonicpunk32
My eyes, they see. Gap has earned my respect. I guess now, 80% chance, we be in 15 to 25 pip range for next couple hours, or 20% chance we go up to 2980 area.
Take my view as a contrarian signal. Guaranteed profit.
  • #587,039
  • Jan 23, 2012 3:06am Jan 23, 2012 3:06am
Quoting mohan76
did you book it or holding , i don't feel good (dax and eu moving in different direction ), Asian paid me well may be good to take some rest now


I am working on a retest of 1.2985 then a new high in the 1.3010-1.3050 zone so holding on until that plan is invalid.
  • #587,040
  • Jan 23, 2012 3:10am Jan 23, 2012 3:10am
buy limit plus long tp 2950 standby sl.
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