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EURUSD

  • #592,241
  • Feb 6, 2012 5:37pm Feb 6, 2012 5:37pm
Quoting Mr.MaginCole
You don't celebrate that soon... I think he has a point there. The shorts are still on...depending on where you enter of course.
My Whale Fund can handle unlimited amounts of cash.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #592,242
  • Feb 6, 2012 5:38pm Feb 6, 2012 5:38pm
Quoting Liza J
I think the gap will be filled today...what do you think guys?
possible small range market till RBA decision , then it might take direction, l
Mohan
  • #592,243
  • Feb 6, 2012 5:38pm Feb 6, 2012 5:38pm
Quoting Liza J
I think the gap will be filled today...what do you think guys?
of course will be today, the problem is not that, the problem is to where.. down or top?
  • #592,244
  • Feb 6, 2012 5:47pm Feb 6, 2012 5:47pm
Charts showing that after recent consolidation we gonna break the 1.32 level tomorrow. Shorts we careful! 1.3325 upper bollinger is going to be your only friend, for now.
  • #592,245
  • Feb 6, 2012 5:56pm Feb 6, 2012 5:56pm
Quoting tunera
however to me, the upspike of yesterday was a nonsense, the pair did not complete the abc correction, wtf..
ok, other pairs do had a sense on such move (usdchf gbpusd etc.), that's what make this market crazy sometime, let's see what happen today.. will bearish pressure resume? will the abc correction be completed?
I think leopardtrader says it best, so I'll paraphrase him/her:

The price is driven by market sentiment, NOT some imaginary patterns on a chart.
  • #592,246
  • Feb 6, 2012 6:05pm Feb 6, 2012 6:05pm
Quoting tunera
however to me, the upspike of yesterday was a nonsense, the pair did not complete the abc correction, wtf..
ok, other pairs do had a sense on such move (usdchf gbpusd etc.), that's what make this market crazy sometime, let's see what happen today.. will bearish pressure resume? will the abc correction be completed?
Does the market movements of a certain pair has to complete ABC correction first? before a valid signal can be trusted...?
  • #592,247
  • Feb 6, 2012 6:45pm Feb 6, 2012 6:45pm
TABLE with survey for EUR/USD

This is what we have got to work with for today ...




2012-02-06_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-06 xa 2




;-|



http://1.2.3.11/bmi/1.2.3.9/bmi/www....ading_dark.gif

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #592,248
  • Feb 6, 2012 6:55pm Feb 6, 2012 6:55pm
Quoting rustyram
Looks like the bounce from the low is to form 15 min retracement.
Still the fibs looks like still have to go down atleast 1.3000 or 1.2980 area to complete 60 min ABC retracement from the high.

Once the price moves lower than 1.3100, will move my SL to BE
Also will keep an eye on 1.3060 area, if this uptrend is still intact, it should give some bullish signs here, then i will close my shorts at this area....

Good luck everybody
Looks like there is still a possiblilty to push towards 1.3150/90 area.
So closing my shorts for 15 pips profit.

Will look to enter short at 1.3155 or 1.3190 area...
PPP - Patience Pays PIPS
  • #592,249
  • Feb 6, 2012 6:59pm Feb 6, 2012 6:59pm
Quoting mercy seat
TABLE with survey for EUR/USD

This is what we have got to work with for today ...




2012-02-06_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-06 xa 2




;-|




http://1.2.3.11/bmi/1.2.3.9/bmi/www....ading_dark.gif


Looks as if remains capped at first during Asian Session ...

Downside can be re-visited ...

1.3108 ... 1.3094 ... 1.3069 - 1.3045 are the supports that must hold in order to give it one more chance to test the upside again ...

Test of resistances near 1.3162 ... 1.3189 / 92 (DPR 1) should be in the cards then ... and even above 1.3209 in case of an upside extention ...


cu later ...




;-|

http://www.forexfactory.com/images/m...ading_dark.gif

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #592,250
  • Feb 6, 2012 7:21pm Feb 6, 2012 7:21pm
Quoting kibescorp
I think leopardtrader says it best, so I'll paraphrase him/her:

The price is driven by market sentiment, NOT some imaginary patterns on a chart.
that's good
  • #592,251
  • Feb 6, 2012 7:27pm Feb 6, 2012 7:27pm
Quoting sidhujag
won't get below 296x... S&P looking to make new highs, hope you guys are in for the ride, if not just hand your money over to me so I can leverage my profits some more
ooh look at that just made a new high... might be the start of the next leg up
  • #592,252
  • Feb 6, 2012 7:32pm Feb 6, 2012 7:32pm
hang seng rise to 6 month high , pair might spark up
Mohan
  • #592,253
  • Feb 6, 2012 7:36pm Feb 6, 2012 7:36pm
nzd looking for its next fix even though retailers are long
  • #592,254
  • Edited 8:13pm Feb 6, 2012 7:42pm | Edited 8:13pm
Quoting kibescorp
I think leopardtrader says it best, so I'll paraphrase him/her:

The price is driven by market sentiment, NOT some imaginary patterns on a chart.
No disrespect, but your ignorance of those "imaginary patterns" does you and others that come across such a post a huge disservice.

Much as any other system traders may use, they all seek to do one thing, some better than others, when used properly.

Provide a visual interpretation of the Forces of Supply and Demand (or "market sentiment" coursing through the market over any given time frame.

http://www.thepatternsite.com/visualcpindex.html

For a good primer on these patterns.

Let me add, I'm not a huge fan of using Fundamentals or News Trading, but I try not to disparage or disregard the effectiveness these techniques might have for other traders. There are many different ways to "God"
  • #592,255
  • Feb 6, 2012 8:10pm Feb 6, 2012 8:10pm
Quoting todstars2
No disrespect, but your ignorance of those "imaginary patterns" does you and others that come across such a post a huge disservice.

Much as any other system traders may use, they all seek to do one thing, some better than others, when used properly.

Provide a visual interpretation of the Forces of Supply and Demand (or "market sentiment" coursing through the market over any given time frame.

http://www.thepatternsite.com/visualcpindex.html

For a good primer on these patterns.
yeah let's try to keep the quality of this thread above an imaginary support
  • #592,256
  • Feb 6, 2012 8:14pm Feb 6, 2012 8:14pm
Quoting tunera
yeah let's try to keep the quality of this thread above an imaginary support
;-)

Not likely, but worth trying.

At least a high school level....
  • #592,257
  • Feb 6, 2012 8:29pm Feb 6, 2012 8:29pm
Quoting mohan76
hang seng rise to 6 month high , pair might spark up
Do all our trades default as well? The bears will be running down a hill into a black hole, and the bulls will be following them, and then we'll have to trade gbpusd and that would be even more of a nightmare than a default
  • #592,258
  • Feb 6, 2012 8:36pm Feb 6, 2012 8:36pm
What is going on? Or should I say, down?
Time turns trend. - W.D. Gann
  • #592,259
  • Edited 9:01pm Feb 6, 2012 8:47pm | Edited 9:01pm
Quoting ForExtraPips
What is going on? Or should I say, down?
doing range , looks down but i don't think it's good time to trade as RBA rate decision in 40 mins
Mohan
  • #592,260
  • Feb 6, 2012 8:48pm Feb 6, 2012 8:48pm
Quoting mkvy
Do all our trades default as well? The bears will be running down a hill into a black hole, and the bulls will be following them, and then we'll have to trade gbpusd and that would be even more of a nightmare than a default
Cable has been better to trade lately than this turd, is look like I finally have get some action cablehas been long wait
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