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  • #592,301
  • Edited 11:23pm Feb 6, 2012 11:12pm | Edited 11:23pm
Good morning everyone... back in the trenches.... should be a day filled with fireworks.... strikes and demonstrations in Greece, market wound up like a spring on Greek political leaders meeting today... data releases, Bernanke speaks... lets make some money
  • #592,302
  • Feb 6, 2012 11:13pm Feb 6, 2012 11:13pm
Quoting seanpark
here is mine
standard and immediate graph hasn't meet yet but it will....
when price retrieve more than 61.8 and we call trend changed?
when you see chart in point of 4 hrs it is about to breaks up 1 hrs 38.2 line
my 2 cents opinion( of course on standard graph)
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  • #592,303
  • Feb 6, 2012 11:13pm Feb 6, 2012 11:13pm
Quoting seanpark
here is mine
standard and immediate graph hasn't meet yet but it will....
Suppose I chould have put a graph up...
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusd d.gif Size: 19 KB
Enter Signature
  • #592,304
  • Feb 6, 2012 11:16pm Feb 6, 2012 11:16pm
I was thinking of shorting this pair, but oops...

Have to pause for a while and see what is really going on... :-)
The market will deceive you. Make your own judgement.
  • #592,305
  • Feb 6, 2012 11:17pm Feb 6, 2012 11:17pm
Quoting Cerber.bf2
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,...
hope can see it soon
  • #592,306
  • Feb 6, 2012 11:22pm Feb 6, 2012 11:22pm
Quoting ChipsnPips
Suppose I chould have put a graph up...
good job brother. if it is work for you................
  • #592,307
  • Feb 6, 2012 11:24pm Feb 6, 2012 11:24pm
There shouldn't be bull but some mysterious power driving the bull.
There was no good news yesterday but we had a good spike which broke new H4 channel. Bull was overbought condition since last month but every time bull hunted sellers SL by mysterious power.
Who is driving bull?
You cannot learn better without losing
  • #592,308
  • Feb 6, 2012 11:27pm Feb 6, 2012 11:27pm
Who is going to win this battle?
Attached Image
We trade to live not live to trade................
  • #592,309
  • Feb 6, 2012 11:28pm Feb 6, 2012 11:28pm
Quoting forexings
There shouldn't be bull but some mysterious power driving the bull.
There was no good news yesterday but we had a good spike which broke new H4 channel. Bull was overbought condition since last month but every time bull hunted sellers SL by mysterious power.
Who is driving bull?
if you see chart , it should be bull. just news is holding bull( just my opinion)
it need to go up few hunreds pip before going down(opinion)
  • #592,310
  • Feb 6, 2012 11:30pm Feb 6, 2012 11:30pm
Im Short @ 3126. Let us see where do we go from here. Yesterday's daily pivot seems to be the resistance today.
PRICE ACTION is the only real time indicator.
  • #592,311
  • Feb 6, 2012 11:34pm Feb 6, 2012 11:34pm
/me holding bulls hands climbing the mountain searching bear for tomorrow big day out.
patient is my attitude, rushing is a dog
  • #592,312
  • Feb 6, 2012 11:39pm Feb 6, 2012 11:39pm
Quoting seanpark
hope can see it soon
this is as clear as you can get. safe entries for me given there won't be news spikes. brighter levels are fib confirmed areas. price tags are not to enter right there, just for reference, they all are areas so +/- 10-15 pips or so would be good.
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  • #592,313
  • Feb 6, 2012 11:41pm Feb 6, 2012 11:41pm
Euro - Chart with target if it pans out.
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XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #592,314
  • Feb 6, 2012 11:42pm Feb 6, 2012 11:42pm
Quoting joop
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"
my last 3hours posted,we may see divergece cs on weekly.market may close,lower than daily resistance.but may continue up tomorrow for bull trap"if possible" then drop from high.as we can see we didnt break last week daily S n R,now its major break out is weekly
patient is my attitude, rushing is a dog
  • #592,315
  • Feb 6, 2012 11:47pm Feb 6, 2012 11:47pm
Quoting Cerber.bf2
this is as clear as you can get. safe entries for me given there won't be news spikes. brighter levels are fib confirmed areas. price tags are not to enter right there, just for reference, they all are areas so +/- 10-15 pips or so would be good.
so, is this for scalp only or is it for swing trading also?
what is your bet tonight? long? or short?
  • #592,316
  • Feb 6, 2012 11:51pm Feb 6, 2012 11:51pm
will be going long surely on hourly close if it does not move another 50 pips up. this is bcos all my channels have been broken. this is looking like a sky rocket movement soon but lets see.
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  • #592,317
  • Feb 6, 2012 11:53pm Feb 6, 2012 11:53pm
Is that upward move because of Junker comments or just a bull trap? Take short @1.31535 [email protected].

Nothing in news but it almost touched my upper trend lines
  • #592,318
  • Feb 6, 2012 11:53pm Feb 6, 2012 11:53pm
Quoting seanpark
so, is this for scalp only or is it for swing trading also?
what is your bet tonight? long? or short?
my bet is long....
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  • #592,319
  • Feb 6, 2012 11:55pm Feb 6, 2012 11:55pm
Market has been in consolidation for practically the last two weeks.

Greece outcome is obviously going to determine the direction of the next trend, and the price should move hard and fast.
  • #592,320
  • Feb 6, 2012 11:56pm Feb 6, 2012 11:56pm
went short 1,3158 for 1,3070 as first tp
COT: The precious data ignored
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