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  • #10,621
  • Feb 3, 2012 2:11pm Feb 3, 2012 2:11pm
@10 November i posted this chart
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My Update chart
If my Sunday candle close above 3080 will long target my XX

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  • #10,622
  • Feb 3, 2012 3:06pm Feb 3, 2012 3:06pm
Quoting BrunargarFx
Well done m8,
especially on taking a position there. I took a long at 1.3080 and thenanother one at 1.3126
Good place for a short now but it's the Weekend so I'll leave it 'til next week.
We're still in the range 308 - 32. Didnt trade nfp but still surprised we didn't break 1.32... what's your take on it?
AS far as nfp and emp change is concerned its too good as economist and offcourse good for markets also ' so in coming weeks euro should move still upwards breaking 1.32 also ' but quite a bit surprised with todays PA ' not quite understood ' have to research again for an answer ' that long retrace upto 1.306 was not needed actually ' let me see if i may get any answer
finding A M S
  • #10,623
  • Feb 3, 2012 3:24pm Feb 3, 2012 3:24pm
HI Egkid,
My current view. I wanted to see 1.324x before a decent pullback (demand zone 1.288 - 1.30, but I'll be neutral below 1.30).
I definitely have the same target as you do, i.e. 1.36 area, possibly more if we break the UTL (in red), but very strong resistance around 1.39 (if we ever get there, but I bet we'll see problems in the PIIGS before that).

Anyway, I was expecting a good move down today in the 1.312 and then 1.314 area, which did not happened. So we are still pretty much in bullish territory still and chances are that you will still be well above 1.3080 on Sunday. So we may see your scenario (i.e. break of 1.3215 area targetting your xx zone), but a decent pullback would be a healthy sign of further continuation.

Really thought the nfp would break the resistance today.
I have pending long at 1.3215. Or I may buy on a low next week.
Break of 1.3080 will bring my scenario back...

PS: hope my chart appears without any problem
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  • #10,624
  • Feb 6, 2012 12:15am Feb 6, 2012 12:15am
Quoting BrunargarFx
HI Egkid,
My current view. I wanted to see 1.324x before a decent pullback (demand zone 1.288 - 1.30, but I'll be neutral below 1.30).
I definitely have the same target as you do, i.e. 1.36 area, possibly more if we break the UTL (in red), but very strong resistance around 1.39 (if we ever get there, but I bet we'll see problems in the PIIGS before that).

Anyway, I was expecting a good move down today in the 1.312 and then 1.314 area, which did not happened. So we are still pretty much in bullish territory still and chances are that you will...
Hi good morning to all ' its a slow day as of now ' normally monday is slow'

we are heading to test 1.306 again ' slowly
finding A M S
  • #10,625
  • Feb 6, 2012 12:19am Feb 6, 2012 12:19am
Quoting prashant7
Hi good morning to all ' its a slow day as of now ' normally monday is slow'

we are heading to test 1.306 again ' slowly
We may test 1.2995 today as markets are in correction mood '

A strong support is waiting for this pair at those levels (1.2985 to 1.3 ) '
hope to see a good PA this week ' not rather worst like last one though
finding A M S
  • #10,626
  • Feb 6, 2012 12:23am Feb 6, 2012 12:23am
Quoting T@rantula
Hey Stulic, indeed long time no see..
Hey I know, been (s)trolling around in other threads, good to see the gang grown bigger

Just checked equity futures, DAX and Eurostoxx are up over 1.5% but FTSE looks to open rather flat.

Fiber at session lows around 3070 and retesting multi-day trendline, charts bearish pre-europe but sentiment could turn bullish and I'll be looking to long just about above 1.30 if Frankfurt indeed opens with 1% gains or more...
Don't get mad, get even!
  • #10,627
  • Feb 6, 2012 12:27am Feb 6, 2012 12:27am
Quoting prashant7
Hi good morning to all ' its a slow day as of now ' normally monday is slow'

we are heading to test 1.306 again ' slowly
Done now some consolidation at 1.305 to 1.307 ' but today there is a chance for momemtum shift ' we should have a to look for it ' i guess may be in london session
finding A M S
  • #10,628
  • Feb 6, 2012 12:53am Feb 6, 2012 12:53am
Quoting prashant7
Done now some consolidation at 1.305 to 1.307 '

Done

now it might be a test of 1.308 ' lets see can that levels get rejected hardly
finding A M S
  • #10,629
  • Feb 6, 2012 12:56am Feb 6, 2012 12:56am
Quoting prashant7

Done

now it might be a test of 1.308 ' lets see can that levels get rejected hardly
if hourly closes above 1.3065 then we may consolidate higher levels
finding A M S
  • #10,630
  • Feb 6, 2012 1:30am Feb 6, 2012 1:30am
Futures reversed, now all set to open lower and commodities are being sold off despite strong gains in Asian equities.
Don't get mad, get even!
  • #10,631
  • Feb 6, 2012 1:37am Feb 6, 2012 1:37am
Quoting stulic
Futures reversed, now all set to open lower and commodities are being sold off despite strong gains in Asian equities.


we are facing tough conditions to predict the market directions ' both on longer term and shorter unless 1.32 is broken on shorter ( h1 to h4 )

tough conditions out there ' ''''''''''''''''''
finding A M S
  • #10,632
  • Feb 6, 2012 1:51am Feb 6, 2012 1:51am
Quoting prashant7

Done

now it might be a test of 1.308 '
tested we might move higher ' hourly candle is buliding with momemtum

if this closes above 1.3085 then we are headed higher today to test 1.313 next
finding A M S
  • #10,633
  • Feb 6, 2012 1:58am Feb 6, 2012 1:58am
Morning
Quoting egkid
In my smaller TF show 3135 as magneto point= will b touch over and over
  • #10,634
  • Feb 6, 2012 2:11am Feb 6, 2012 2:11am
Morning EG and guys, today is NFP Monday, dont overtrade! While below 3135 2980 is possible. Bulls need 3135 to regain intraday control.
  • #10,635
  • Feb 6, 2012 2:11am Feb 6, 2012 2:11am
Quoting egkid
Morning
we may close in on that probably ' but will this be be able to close the gap today ' we have to wait n watch
finding A M S
  • #10,636
  • Feb 6, 2012 2:26am Feb 6, 2012 2:26am
3065 first support then 3050 then 3025. 3095 is 1st resistance to the upside.
  • #10,637
  • Feb 6, 2012 2:31am Feb 6, 2012 2:31am
Quoting T@rantula
Morning EG and guys, today is NFP Monday, dont overtrade! While below 3135 2980 is possible. Bulls need 3135 to regain intraday control.
thanks T ' point accepted ' remembered
finding A M S
  • #10,638
  • Feb 6, 2012 2:33am Feb 6, 2012 2:33am
Quoting prashant7
thanks T ' point accepted ' remembered
If 3060-50 is broken EU main target remains 2980 intraday. I may say even 3070-50. It should be protected if bulls wanna have the control.
  • #10,639
  • Feb 6, 2012 2:37am Feb 6, 2012 2:37am
3070-50 loss of it targets 3025. Main target 2980 then.

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  • #10,640
  • Feb 6, 2012 2:44am Feb 6, 2012 2:44am
To the upside Break of 3095 is needed where 3105 would be a confirmation. 3135 would be a target with 3162 being London's HH.
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