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  • #592,301
  • Edited 1:23am Feb 7, 2012 1:12am | Edited 1:23am
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 7, 2012 1:13am Feb 7, 2012 1:13am
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 7, 2012 1:13am Feb 7, 2012 1:13am
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 7, 2012 1:16am Feb 7, 2012 1:16am
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 7, 2012 1:17am Feb 7, 2012 1:17am
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 7, 2012 1:22am Feb 7, 2012 1:22am
Quoting ChipsnPips
Suppose I chould have put a graph up...
good job brother. if it is work for you................
  • #592,307
  • Feb 7, 2012 1:24am Feb 7, 2012 1:24am
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 7, 2012 1:27am Feb 7, 2012 1:27am
Who is going to win this battle?
Attached Image
We trade to live not live to trade................
  • #592,309
  • Feb 7, 2012 1:28am Feb 7, 2012 1:28am
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 7, 2012 1:30am Feb 7, 2012 1:30am
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 7, 2012 1:34am Feb 7, 2012 1:34am
/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 7, 2012 1:39am Feb 7, 2012 1:39am
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 7, 2012 1:41am Feb 7, 2012 1:41am
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 7, 2012 1:42am Feb 7, 2012 1:42am
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 7, 2012 1:47am Feb 7, 2012 1:47am
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 7, 2012 1:51am Feb 7, 2012 1:51am
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 7, 2012 1:53am Feb 7, 2012 1:53am
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 7, 2012 1:53am Feb 7, 2012 1:53am
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 7, 2012 1:55am Feb 7, 2012 1:55am
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 7, 2012 1:56am Feb 7, 2012 1:56am
went short 1,3158 for 1,3070 as first tp
COT: The precious data ignored
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