The H1 chart has a interesting look to it, as if the EUR is being held by its throat 
- #1,542
- Feb 8, 2012 9:31am Feb 8, 2012 9:31am
- Joined Dec 2009 | Status: Trader | 2,319 Posts
A solid break of the circle in the above post would create the "Energy Circle" that I was mentioning before in this post:
http://www.forexfactory.com/showthre...02#post5362602
and will drive the price substantially down. On the other hand if price maintains itself inside the above circle, then we will have a perimeter to perimeter move toward 3370.
http://www.forexfactory.com/showthre...02#post5362602
and will drive the price substantially down. On the other hand if price maintains itself inside the above circle, then we will have a perimeter to perimeter move toward 3370.
The H1 chart has a interesting look to it, as if the EUR is being held by its throat
- #1,549
- Feb 9, 2012 8:08am Feb 9, 2012 8:08am
- Joined Dec 2009 | Status: Trader | 2,319 Posts
You are more than welcomed.
Keeping up with 2 pairs was a bit difficult for me. So I would only do GBP/USD sporadically.
Forecasting on 1 pair and making charts and labeling them and everything else takes roughly around 45 min to 1 hour for me.
Once I get it, then the small updates on lower time frames is not that difficult.
Thats why I only want to concentrate on EUR/USD now.
I am glad it has helped you.
By the way if this thing goes either way, which I highly suspect it will drop, its going to be a good size drop of at least 200 pips.
Keeping up with 2 pairs was a bit difficult for me. So I would only do GBP/USD sporadically.
Forecasting on 1 pair and making charts and labeling them and everything else takes roughly around 45 min to 1 hour for me.
Once I get it, then the small updates on lower time frames is not that difficult.
Thats why I only want to concentrate on EUR/USD now.
I am glad it has helped you.
By the way if this thing goes either way, which I highly suspect it will drop, its going to be a good size drop of at least 200 pips.
============
Hi Kambooj,
Your service to us as a trading community is absolutely invaluable and above reproach. Much appreciate you.
Best regards.
