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  • #11,601
  • Feb 21, 2012 9:42am Feb 21, 2012 9:42am
The logic is simple.

USA banks had a holiday yesterday. London got the price to 3290 then they CLOSED their orders where a strong CB or hedge fund started selling.

The move was well planned. They took the price to 3200, 25 pips above 3175 where main intraday support stand. Why? Because they have lowered the price, they gave better price to USA markets opening today.

And that was it. 3266 in the time of writing. As long as 3175 stands firm 3320 is in play.
  • #11,602
  • Feb 21, 2012 9:44am Feb 21, 2012 9:44am
Quoting BlackWid0w
It got to 60 missed my target by 10 pips so far....
The Charts tell you everything that is going to happen
Greet ur son from me mate. Have a great time together!
  • #11,603
  • Feb 21, 2012 9:47am Feb 21, 2012 9:47am
SL @ BE now
Quoting BrunargarFx
Sorry, forgot to mention my targets: 1.329 (unload 1/2) and 1.3318 (unload the rest unless big momentum)
  • #11,604
  • Feb 21, 2012 9:47am Feb 21, 2012 9:47am
Quoting egkid
Not Convinced about this Sell off
Daily open above Strong Point 3170 =Bullish
But it all depends on MM and Entry point
  • #11,605
  • Feb 21, 2012 9:48am Feb 21, 2012 9:48am

I like the explanation but your Nos even more
Quoting T@rantula
The logic is simple.

USA banks had a holiday yesterday. London got the price to 3290 then they CLOSED their orders where a strong CB or hedge fund started selling.

The move was well planned. They took the price to 3200, 25 pips above 3175 where main intraday support stand. Why? Because they have lowered the price, they gave better price to USA markets opening today.

And that was it. 3266 in the time of writing. As long as 3275 stand firm 3320 is in play.
  • #11,606
  • Feb 21, 2012 9:55am Feb 21, 2012 9:55am
Quoting BrunargarFx

I like the explanation but your Nos even more
Lets see what next hour will give us
  • #11,607
  • Feb 21, 2012 10:11am Feb 21, 2012 10:11am
Quoting BlackWid0w
My whole chart suggests nothing but bullishness...
Broadening Triange : Bullish Pattern
Bullish Wedge: Bullish Pattern

We know what our stops are so lets see it make a high..
Before New york open they 90% of the time drive prices down..for fresh buys..something to be noted..
I will show you some of the trades when they happen
For now Bullish wedge broken so now target 70 ish is on the cards

Sorry for the delay in posting my chart ...always feel free to pm me if I have time will get back to you straight away

Plenty more trades left for the afternoon
Dont...
Just back from my work
Happy to see more posts from u.
Long@3220 SL@BE
I wait this 1h close then i c what can i do
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  • #11,608
  • Feb 21, 2012 10:16am Feb 21, 2012 10:16am
Quoting egkid
Just back from my work
Happy to see more posts from u.
Long@3220 SL@BE
I wait this 1h close then i c what can i do
Hey bro! I hope u will be happy with ur family matters as Im happy to see good pips!

Well done! Stops are presumably at 3175.
  • #11,609
  • Feb 21, 2012 10:22am Feb 21, 2012 10:22am
Quoting T@rantula
Hey bro! I hope u will be happy with ur family matters as Im happy to see good pips!

Well done! Stops are presumably at 3175.
Thank you dear Bro
I'm happy when see very good posts from all Spiders Den
Nothing Taste Like Green +++
  • #11,610
  • Feb 21, 2012 10:28am Feb 21, 2012 10:28am
good evening all ,

I hear there is a birthday going on

happy birthday .

where are the cakes
I SEE YOU !!
  • #11,611
  • Feb 21, 2012 10:29am Feb 21, 2012 10:29am
H1 and M30 shows signs of Price stalling. I hope we close above 1.329 because this is strating to look like a nice H&S pattern on higher TFs (with neckline at 1.32...
  • #11,612
  • Feb 21, 2012 10:33am Feb 21, 2012 10:33am
Quoting dbfusion
good evening all ,

I hear there is a birthday going on

happy birthday .

where are the cakes
Cakes will be long gone till we show up )


Quoting BrunargarFx
H1 and M30 shows signs of Price stalling. I hope we close above 1.329 because this is strating to look like a nice H&S pattern on higher TFs (with neckline at 1.32...
Close above 3290 and 3320 in sight.
  • #11,613
  • Feb 21, 2012 10:33am Feb 21, 2012 10:33am
Quoting BlackWid0w
My sons Birthday today so am going to spends some quality time with him.


Regards
BW
Happy birthday and wish all the happiness to all family members
But i want my share i love chocolate cake
  • #11,614
  • Feb 21, 2012 10:33am Feb 21, 2012 10:33am
keep your longs

just keep swimming , just keep swimming
I SEE YOU !!
  • #11,615
  • Feb 21, 2012 10:37am Feb 21, 2012 10:37am
nice avatar Sun spider

Quoting egkid
Thank you dear Bro
I'm happy when see very good posts from all Spiders Den
Nothing Taste Like Green +++
  • #11,616
  • Feb 21, 2012 10:41am Feb 21, 2012 10:41am
Quoting dbfusion
keep your longs

just keep swimming , just keep swimming
Hey DB mate whats up??

Quoting BrunargarFx
nice avatar Sun spider
I like that. EG aka Sun spider, deadly and venomous!
  • #11,617
  • Feb 21, 2012 10:47am Feb 21, 2012 10:47am
Closed 1.3255. +25 pips per trade, 50 pips in total.
That's all for me today folks
  • #11,618
  • Feb 21, 2012 10:49am Feb 21, 2012 10:49am
Quoting BrunargarFx
Closed 1.3255. +25 pips per trade, 50 pips in total.
That's all for me today folks
Very good ! Keep it up!
  • #11,619
  • Feb 21, 2012 10:51am Feb 21, 2012 10:51am
Quoting T@rantula
Hey DB mate whats up??



I like that. EG aka Sun spider, deadly and venomous!

Time runs ,I guess london going to close...wounder if ranging here
I will go already placed my SL@BE , TP@3320
  • #11,620
  • Feb 21, 2012 10:51am Feb 21, 2012 10:51am
Quoting T@rantula
Hey DB mate whats up??
nothing much .

getting my self drunk
I SEE YOU !!
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