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EURUSD

  • #592,281
  • Feb 6, 2012 10:10pm Feb 6, 2012 10:10pm
I'm looking at a projection, If it's correct I think we are heading for upper resistance 9am. Fake out above the TL, then down to support 6PM then we could see a big break north.
Founder of Sutherland Wave Principle
  • #592,282
  • Feb 6, 2012 10:15pm Feb 6, 2012 10:15pm
I also think we are going higher.


Quoting suthmo
I'm looking at a projection, If it's correct I think we are heading for upper resistance 9am. Fake out above the TL, then down to support 6PM then we could see a big break north.
  • #592,283
  • Feb 6, 2012 10:36pm Feb 6, 2012 10:36pm
Sold at weekly pivot 1.3132...
  • #592,284
  • Feb 6, 2012 10:43pm Feb 6, 2012 10:43pm
evening all,
yesterday trying to break daily support last week,now major break S n R base on weekly.market bounce up n down.choose your target,bear or bulls.we at middle range right now. 1.28>1.26 - 1.32.8<1.33


"note: the best way,having party with bear and bulls.uuwammboooweehh uwaammboowweeh"
patient is my attitude, rushing is a dog
  • #592,285
  • Feb 6, 2012 10:44pm Feb 6, 2012 10:44pm
Quoting disegnosys
I also think we are going higher.
So far so good. Be warned 9AM Prolly gonna hit resitance and TURN AROUND short term.
Founder of Sutherland Wave Principle
  • #592,286
  • Feb 6, 2012 10:49pm Feb 6, 2012 10:49pm
Quoting suthmo
So far so good. Be warned 9AM Prolly gonna hit resitance and TURN AROUND short term.
Doubt it, everytime there is good CNY or AUD news it rally's until end of NY. But depends on if retailers keep shorting.
  • #592,287
  • Feb 6, 2012 10:51pm Feb 6, 2012 10:51pm
Thanks and noted. I just taken some scalps and flat now waiting for DAX/London. I had shorts from 1.3122 up to 1.3135. Then long from 1.3096 to 1.3110.

Quoting suthmo
So far so good. Be warned 9AM Prolly gonna hit resitance and TURN AROUND short term.
  • #592,288
  • Feb 6, 2012 11:10pm Feb 6, 2012 11:10pm
Quoting disegnosys
Thanks and noted. I just taken some scalps and flat now waiting for DAX/London. I had shorts from 1.3122 up to 1.3135. Then long from 1.3096 to 1.3110.
Well orders are in and alarm clock set for 1.3150 I'll try and catch some winks before London open. Nice going so far mate, well done.
Founder of Sutherland Wave Principle
  • #592,289
  • Feb 6, 2012 11:21pm Feb 6, 2012 11:21pm
I'm trying... just trying to make my 1% a day. So far up 1.4% for the week.

Thanks and good luck to you.

Quoting suthmo
Well orders are in and alarm clock set for 1.3150 I'll try and catch some winks before London open. Nice going so far mate, well done.
  • #592,290
  • Feb 6, 2012 11:59pm Feb 6, 2012 11:59pm
Hey guys, looking for a re-buy at around 1.3030. If fails, 1.3000 appears to be a major support as an untested yet 0.38 retracement off a recent swing from 2620 to 3230 while also being a major psych level..
Attached Image (click to enlarge)
Click to Enlarge Name: EU27.png Size: 62 KB
  • #592,291
  • Feb 7, 2012 12:31am Feb 7, 2012 12:31am
Quoting tunera
this, actually you know there are always good trendline and channels and fibonacci and bla bla for any scenario, both up and down.
but, if we look for some down scenario, this can be legit

I watching very similar chart, sister cable is very similar, the apex is as good as any zone to defend, although countertrend smaller tf is with trend larger tf 4hr daily is bear flag, so dilema, must be patient bulls not want to concede, bears need to progressive weaken buyers, could be quite a battle = boring, or big scrap, and winner away,
If you are new to Forex? Say Goodbye to your account!!
  • #592,292
  • Feb 7, 2012 12:51am Feb 7, 2012 12:51am
To me it looks like a Long entry at 3080 and watch 3200 for exit. Perhaps further to 3650 by April 1st
Enter Signature
  • #592,293
  • Feb 7, 2012 12:58am Feb 7, 2012 12:58am
Quoting Cerber.bf2
Hey guys, looking for a re-buy at around 1.3030. If fails, 1.3000 appears to be a major support as an untested yet 0.38 retracement off a recent swing from 2620 to 3230 while also being a major psych level..
wtf..

how does one trade with 10,000 lines on a chart?
  • #592,294
  • Feb 7, 2012 12:58am Feb 7, 2012 12:58am
Today's plan:
Attached Image (click to enlarge)
Click to Enlarge Name: 02-07-12 eu h1.gif Size: 42 KB
  • #592,295
  • Feb 7, 2012 1:01am Feb 7, 2012 1:01am
Quoting ChipsnPips
To me it looks like a Long entry at 3080 and watch 3200 for exit. Perhaps further to 3650 by April 1st
here is mine
standard and immediate graph hasn't meet yet but it will....
Attached Image (click to enlarge)
Click to Enlarge Name: 888.jpg Size: 130 KB
  • #592,296
  • Feb 7, 2012 1:02am Feb 7, 2012 1:02am
Good morning to everyone here!

For me the previous broken Bull Trend is still holing to be "Broken" from 1.3117 & also we are in the upside of a Bear channel

==> so I'm in sell mode SL 1.315 TP 1.3 ~ 1.303
Manage probability while following the TREND.
  • #592,297
  • Feb 7, 2012 1:06am Feb 7, 2012 1:06am
Quoting jayjb
wtf..

how does one trade with 10,000 lines on a chart?
hah, yep, frustration understood Sometimes hate it myself.

I draw them to get a better picture. and not to miss something.There are too many here, but I made the ones that are most significant as thick ones. I never trade just on tls though, I need horizontal levels and tl's are only to confirm the signal.

I usually pay much more attention to support and resistance and horizontal levels because trendlines are time-sensitive and thus harder to follow and track bounces. I'll post a clearer pic next time. But hell, if you think this is bad, go check Fontu's charts....
  • #592,298
  • Feb 7, 2012 1:06am Feb 7, 2012 1:06am
Sideways in EU . . .
The market will deceive you. Make your own judgement.
  • #592,299
  • Feb 7, 2012 1:08am Feb 7, 2012 1:08am
but it seems like there was a bullish move during the opening of london session
The market will deceive you. Make your own judgement.
  • #592,300
  • Feb 7, 2012 1:09am Feb 7, 2012 1:09am
A retest of 3025 is still on the cards. Unless positive news on Greece comes out before. I'll offer 3125 with TP of 3025.
We're all stories in the end. Just try to make it a good one.
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Jewel1996