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  • #10,561
  • Feb 3, 2012 4:07am Feb 3, 2012 4:07am
Quoting T@rantula
Range bars true pre-NFP range

Attachment
Morning all
Thanks very much for all dear friends contact me and posted nice words.
Things are better now and I do what i can...

Agree T
my view was all the week UP but fail to break 32x till now
Currently on 30 min TF show PA need to go down at least 3125
  • #10,562
  • Feb 3, 2012 4:12am Feb 3, 2012 4:12am
Quoting egkid
Morning all
Thanks very much for all dear friends contact me and posted nice words.
Things are better now and I do what i can...

Agree T
my view was all the week UP but fail to break 32x till now
Currently on 30 min TF show PA need to go down at least 3125
it can test those 1.312 levels again but 1.317 has to be rejected twice or thrice hardly i think it may range between 1.31 to 1.318 before nfp results
finding A M S
  • #10,563
  • Feb 3, 2012 4:14am Feb 3, 2012 4:14am
Quoting prashant7
it can test those 1.312 levels again but 1.317 has to be rejected twice or thrice hardly i think it may range between 1.31 to 1.318 before nfp results
Yes bro i think so also.
  • #10,564
  • Feb 3, 2012 4:18am Feb 3, 2012 4:18am
Quoting egkid
Morning all
Thanks very much for all dear friends contact me and posted nice words.
Things are better now and I do what i can...

Agree T
my view was all the week UP but fail to break 32x till now
Currently on 30 min TF show PA need to go down at least 3125
Hey !!

Im glad ur ok. I knew u will be. And yes 3240 is indeed strong resistance. If it breaks it should be today.
  • #10,565
  • Feb 3, 2012 4:24am Feb 3, 2012 4:24am
T...

could you explain to me (rookie) about the unemployment rate and nfp result...i remember you posted a long time ago the unemployment rate is the result to watch for a temp direction.. cheers
  • #10,566
  • Feb 3, 2012 4:34am Feb 3, 2012 4:34am
Quoting T@rantula
Hey !!

Im glad ur ok. I knew u will be. And yes 3240 is indeed strong resistance. If it breaks it should be today.
Thanks bro
As long as PA above 3025 I'm bullish
b Back after couple of H
  • #10,567
  • Feb 3, 2012 4:40am Feb 3, 2012 4:40am
Quoting jaylovin
T...

could you explain to me (rookie) about the unemployment rate and nfp result...i remember you posted a long time ago the unemployment rate is the result to watch for a temp direction.. cheers
Its connected to DJ index. Usually when NFP numbers are good, there has been a risk on. Same is with Unemployment rate.

I need to see reactions to this NFP so I can tell u more. Market conditions may have changed meanwhile.
  • #10,568
  • Feb 3, 2012 4:55am Feb 3, 2012 4:55am
Quoting T@rantula
Its connected to DJ index. Usually when NFP numbers are good, there has been a risk on. Same is with Unemployment rate.

I need to see reactions to this NFP so I can tell u more. Market conditions may have changed meanwhile.

found it: http://www.forexfactory.com/showthre...20#post4372320
  • #10,569
  • Feb 3, 2012 5:11am Feb 3, 2012 5:11am
Quoting jaylovin
found it: http://www.forexfactory.com/showthre...20#post4372320
Well done! You have found it.

Just pay attention to, as I said market conditions may have changed. Lets see todays numbers.
  • #10,570
  • Feb 3, 2012 6:33am Feb 3, 2012 6:33am
Three charts attatched:

BPC Trade

Entered the trade at 1.3157 stop loss at 1.3133 Target 1.3218

Sl Will be moved to break even shortly

Regards

BW
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Current view.gif Size: 24 KB
Click to Enlarge Name: updateeu15.gif Size: 23 KB
Click to Enlarge Name: updateeu15n.gif Size: 23 KB
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #10,571
  • Feb 3, 2012 7:04am Feb 3, 2012 7:04am
good afternoon every one ,
I SEE YOU !!
  • #10,572
  • Feb 3, 2012 7:33am Feb 3, 2012 7:33am
Quoting BlackWid0w
Three charts attatched:

BPC Trade

Entered the trade at 1.3157 stop loss at 1.3133 Target 1.3218

Sl Will be moved to break even shortly

Regards

BW
out at 200 +43 :-)
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #10,573
  • Feb 3, 2012 7:37am Feb 3, 2012 7:37am
GOOD Nos -> risk on -> EUR/USD should go up...
Quoting BlackWid0w
out at 200 +43 :-)
  • #10,574
  • Feb 3, 2012 7:43am Feb 3, 2012 7:43am
As previously said, those who traded NFP in the direction of main intraweek trend ( long this time) got out positive. Me personally havent traded it now, as Im currently working on NFP trading ruleset.

One thing is clear. ALways go with the main intraweek direction. NFP has a big impact on markets. When numbers come out good, stock markets are jumping higher thus making EU currency pair follow it. The initial spike is good for EUR as it reflects positive stockmarkets stimuli yet the direction may change once the market stabilizes.

We may have a sell off after initial spike in LONG direction and that is what differs CURRENT NFP trading from LAST YEAR NFP trading.
  • #10,575
  • Feb 3, 2012 7:43am Feb 3, 2012 7:43am
Quoting BlackWid0w
out at 200 +43 :-)


Quoting dbfusion
good afternoon every one ,
Hey Dbf good day: )
  • #10,576
  • Feb 3, 2012 7:48am Feb 3, 2012 7:48am
Quoting T@rantula

We may have a sell off after initial spike in LONG direction and that is what differs CURRENT NFP trading from LAST YEAR NFP trading.
Scalped +20 M pattern

Attached Image (click to enlarge)
Click to Enlarge Name: nfp1.jpg Size: 61 KB


Attached Image (click to enlarge)
Click to Enlarge Name: closed.jpg Size: 61 KB
  • #10,577
  • Feb 3, 2012 7:54am Feb 3, 2012 7:54am
Quoting egkid
Morning all
Thanks very much for all dear friends contact me and posted nice words.
Things are better now and I do what i can...

Agree T
my view was all the week UP but fail to break 32x till now
Currently on 30 min TF show PA need to go down at least 3125
3125 reached.
Now the real deal @3080
  • #10,578
  • Feb 3, 2012 7:58am Feb 3, 2012 7:58am
if 3080 is breached, I would see a pullback in the 29 area before another upmove targetting possibly 1.35- 1.37 before Greece default for good.

Quoting egkid
3125 reached.
Now the real deal @3080
  • #10,579
  • Feb 3, 2012 8:00am Feb 3, 2012 8:00am
We are at demand right now: 1.308 - 1.3117...
good place for long (above 3117) or short (below 1.3080)

Quoting BrunargarFx
if 3080 is breached, I would see a pullback in the 29 area before another upmove targetting possibly 1.35- 1.37 before Greece default for good.
  • #10,580
  • Feb 3, 2012 8:04am Feb 3, 2012 8:04am
Buy the dips...........? or sell the break...... confused
Attached Image (click to enlarge)
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