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  • #11,001
  • Feb 10, 2012 10:21am Feb 10, 2012 10:21am
Quoting Kambooj
Moon Chart View does not point to a ASCENDING Move, its rather quite a powerfull DESCENDING Move...
Something like this may be? Chart from yesterday.

It needs to go below 1.3136 and 1.3099 to be more certain.

Still in impulse Bull territory.( 1.3410)
Attached Image (click to enlarge)
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Markets are not Random, they are designed!
  • #11,002
  • Feb 10, 2012 10:27am Feb 10, 2012 10:27am
ATR is overshot by some 20 points. Not sure if id place short now even with short signals. Its better to wait for a retrace guys.
  • #11,003
  • Feb 10, 2012 10:32am Feb 10, 2012 10:32am
I have been monitoring on the H4 chart a circle that I had mentioned before in my posts:

http://www.forexfactory.com/showthre...72#post5347072
http://www.forexfactory.com/showthre...56#post5359156

Its the black circle which is a hard spot to break, and the upward move above 3100 to 3330 would be a false break. I have been mentioning this since Feb 1.

Also I have other reasons to believe we are going down:
http://www.forexfactory.com/showthre...12#post5370512

I have redrew your chart with labels, and I dont think its necessary to have the upper trendline broken, since you can still have the last move end somewhere in the apex

Quoting Raza
Something like this may be? Chart from yesterday.

It needs to go below 1.3136 and 1.3099 to be more certain.

Still in impulse Bull territory.( 1.3410)
Attached Image (click to enlarge)
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  • #11,004
  • Edited 10:58am Feb 10, 2012 10:44am | Edited 10:58am
Quoting Kambooj
I have been monitoring on the H4 chart a circle that I had mentioned before in my posts:

http://www.forexfactory.com/showthre...72#post5347072
http://www.forexfactory.com/showthre...56#post5359156

Its the black circle which is a hard spot to break, and the upward move above 3100 to 3330 would be a false break. I have been mentioning this since Feb 1.

Also I have other reasons to believe we are going down:
http://www.forexfactory.com/showthre...12#post5370512

I have redrew...
Thanks for Labelling it...thats What I had in mind...

Here is the Calculated Head and shoulder target.

Divergence on 4 hr can take this Up...I have to see a break of 1.3211 to be sure. No Bias.

On the second chart you can see all the fib targets.... If below 1.3144 I would look for lower fibs.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: POSSIBILITY.jpg Size: 179 KB
Markets are not Random, they are designed!
  • #11,005
  • Feb 10, 2012 10:53am Feb 10, 2012 10:53am

Quoting T@rantula
ATR is overshot by some 20 points. Not sure if id place short now even with short signals. Its better to wait for a retrace guys.
  • #11,006
  • Feb 10, 2012 10:54am Feb 10, 2012 10:54am
Quoting T@rantula
ATR is overshot by some 20 points. Not sure if id place short now even with short signals. Its better to wait for a retrace guys.
Today View and my trades
Early chart i posted
Attached Image (click to enlarge)
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Now
Attached Image (click to enlarge)
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  • #11,007
  • Feb 10, 2012 11:05am Feb 10, 2012 11:05am
Less than 30 min for Fed Chairman Bernanke Speaks
  • #11,008
  • Feb 10, 2012 12:49pm Feb 10, 2012 12:49pm
Will not risk at weekend locked 20+
Was nice week for me

Happy weekend to all
Clear ur mind and c u next week
  • #11,009
  • Feb 10, 2012 2:21pm Feb 10, 2012 2:21pm
S/O: -20pips
I'm off.
Enjoy the weekend all
  • #11,010
  • Feb 12, 2012 5:09pm Feb 12, 2012 5:09pm
Quoting egkid
Today View and my trades
Early chart i posted
Attachment

Now
Attachment
LOL
Look to my Chart in previous post
100 pip down as i thought and 100 up =200
My view was right but what i can do if god not agree to let me get green
I waited 5H this drop to happen and when get tired and as soon as turn off pc it happen ,The same now to up move.
We do our best in life but we have no control about our fate more than... smile
Catch u later
  • #11,011
  • Feb 13, 2012 1:55am Feb 13, 2012 1:55am
Quoting egkid
LOL

We do our best in life but we have no control about our fate more than... smile
Good morning EG and all,

This is the typical situation which can happen over the weekend, thats why we are having profit taking from big players during the weekend as they dont want to fall in trap by some unexpected news or event during the weekend. EU has made a move on weekends Greek news.

Attached Image (click to enlarge)
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  • #11,012
  • Feb 13, 2012 2:07am Feb 13, 2012 2:07am
Quoting T@rantula
Good morning EG and all,

This is the typical situation which can happen over the weekend, thats why we are having profit taking from big players during the weekend as they dont want to fall in trap by some unexpected news or event during the weekend. EU has made a move on weekends Greek news.

Attachment


Do you think EU can break 1.333 today ? are will we be in a range today also

your levels shows only upto 1.329 So after that no bears ? 306 is some rr to handle right
finding A M S
  • #11,013
  • Feb 13, 2012 2:08am Feb 13, 2012 2:08am
The reaction to median point 3250 and s/r level was good. 3260 needs to break for continuation. Its been a strong level.
  • #11,014
  • Feb 13, 2012 2:10am Feb 13, 2012 2:10am
Quoting prashant7
Do you think EU can break 1.333 today ? are will we be in a range today also

your levels shows only upto 1.329 So after that no bears ? 306 is some rr to handle right
3290 is the place where EU will react for sure. If we break 3290 3305-15 is next.
However its monday, id opt more for range play but if we break 3290 watch out for 3305-15 first.
  • #11,015
  • Feb 13, 2012 2:21am Feb 13, 2012 2:21am
we should break 1.32 but i think won't happen till NY session... bear divergence atm so i am short from 1.3268.. 10pip SL... TP 1.32 - monitored.. stops will be at BE asap
  • #11,016
  • Feb 13, 2012 2:22am Feb 13, 2012 2:22am
Quoting T@rantula
Good morning EG and all,

This is the typical situation which can happen over the weekend, thats why we are having profit taking from big players during the weekend as they dont want to fall in trap by some unexpected news or event during the weekend. EU has made a move on weekends Greek news.

Attachment
hey T.

Could you tell me why the levels you post are so tightly spaced?

thanks
  • #11,017
  • Feb 13, 2012 2:23am Feb 13, 2012 2:23am
Quoting T@rantula
3290 is the place where EU will react for sure. If we break 3290 3305-15 is next.
However its monday, id opt more for range play but if we break 3290 watch out for 3305-15 first.
ok so you are not looking at new highs for today

but 1.3276 is the previous day RR so PA is reacting to it and rather may respect 1.3284 also in b/w we have 100 ma at 290 so this all together can have some impact

if we reach 1.332 again then that may well be broken i trust making way for 1.3355
finding A M S
  • #11,018
  • Feb 13, 2012 2:24am Feb 13, 2012 2:24am
We should have continuation now 3264
  • #11,019
  • Feb 13, 2012 2:26am Feb 13, 2012 2:26am
and stopped out at BE
  • #11,020
  • Feb 13, 2012 2:34am Feb 13, 2012 2:34am
Quoting FOURX
hey T.

Could you tell me why the levels you post are so tightly spaced?

thanks
Because of narrow range during the peak Asia session and Frankie open. Those numbers are reaction points and are best exploited on intraday trend start or range play.

Look for example. 3264 was continuation on bulls trend.Now look at the chart

You can use my levels on your charts..notice the reaction to it. TL coincided with 3264 which was calculated earlier. When I posted above saying we should have continuation, this was the time when we actually had it as 3264 TL got broken.

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