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  • #604,581
  • Mar 6, 2012 8:51am Mar 6, 2012 8:51am
i will not be surprise if we see 1.3086 first and then go back up and break last month high. monthly eur is still bullish
  • #604,582
  • Mar 6, 2012 8:53am Mar 6, 2012 8:53am
If we're looking to the downside, we have a psich number here. Don't think we'll push this down throughout this session.
Please, just slap me around if I'm being silly ...
  • #604,583
  • Mar 6, 2012 8:54am Mar 6, 2012 8:54am
Quoting daemon_delux
If we're looking to the downside, we have a psich number here. Don't think we'll push this down throughout this session.
Do you think its a good time to go long then?
  • #604,584
  • Mar 6, 2012 8:56am Mar 6, 2012 8:56am
Quoting SnaveForex
trades.. we need some advice
I don't think you want to be taking advice from me, haha. This trade just put me in the green this month. However, I did close my scalp for +5.
  • #604,585
  • Mar 6, 2012 8:57am Mar 6, 2012 8:57am
Quoting Fx-gtg
i will not be surprise if we see 1.3086 first and then go back up and break last month high. monthly eur is still bullish
It broke the rising channel line convincingly with a 4 hr close, is that bullish?
Attached Image (click to enlarge)
Click to Enlarge Name: eu daily 03-06.gif Size: 34 KB
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  • #604,586
  • Mar 6, 2012 8:57am Mar 6, 2012 8:57am
Quoting Patternz
Do you think its a good time to go long then?
Mhm, I have 3 open shorts right now. If you would've been watching the thread for a longer while, there's a saying : The trend is your friend. I don't think it's over, and the only way you can gain from a long right now is scalping. I see you've got only 26 posts, dk you, but don't go scalping until you've mastered every other type of trading.

So my bias is still bearish. We'll see if the US of A are strong enough to take us under the 1.31
Please, just slap me around if I'm being silly ...
  • #604,587
  • Mar 6, 2012 9:00am Mar 6, 2012 9:00am
Quoting Fx-gtg
i will not be surprise if we see 1.3086 first and then go back up and break last month high. monthly eur is still bullish
I disagree. Look December candle opened higher than february candle closed. This is bearish signal. Also, last week candle is very much bearish.
  • #604,588
  • Mar 6, 2012 9:03am Mar 6, 2012 9:03am
Quoting ForexRyan
I don't think you want to be taking advice from me, haha. This trade just put me in the green this month. However, I did close my scalp for +5.
regardless it will be nice to post a chart someone will learn something
  • #604,589
  • Mar 6, 2012 9:04am Mar 6, 2012 9:04am
Quoting pipnaija
i will be closing these trades in exactly 4 hours and 30 minutes from now... EU should be selling hopefully till then. trades were opened today and will go down to be opened tommorow if be... someone do a pip count???

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i'm out....
Hi, mind to share this indicators?Looks great.....
  • #604,590
  • Mar 6, 2012 9:07am Mar 6, 2012 9:07am
A bit of resistance 1.3132, see if it holds
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  • #604,591
  • Mar 6, 2012 9:07am Mar 6, 2012 9:07am
All I've been doing is scalping 1minute bars. It's kind of like gambling right now since it keeps wicking up and down. Just trying to follow the trend. Last 10 minutes I've had +3, -5, and just now +7.
  • #604,592
  • Mar 6, 2012 9:07am Mar 6, 2012 9:07am
Waiting 4hr DRPO Buy or DRPO fail.
  • #604,593
  • Mar 6, 2012 9:11am Mar 6, 2012 9:11am
Quoting KillerWhale
A bit of resistance 1.3132, see if it holds
What way will it go if it happens
  • #604,594
  • Mar 6, 2012 9:11am Mar 6, 2012 9:11am
Quoting OttoVonNess
I disagree. Look December candle opened higher than february candle closed. This is bearish signal. Also, last week candle is very much bearish.
look at may and july candles 2010 same scenario. august being retracement and then september a 1000 pips shot to the sky bull candle
  • #604,595
  • Mar 6, 2012 9:11am Mar 6, 2012 9:11am
So, what's so special about this 3110 level? 'Cause I'm clueless here.
  • #604,596
  • Mar 6, 2012 9:12am Mar 6, 2012 9:12am
Quoting KillerWhale
A bit of resistance 1.3132, see if it holds
yeh, possible 1 2 3 pattern form on M5 with 2 leg high at 3132
Attached Image
  • #604,597
  • Mar 6, 2012 9:13am Mar 6, 2012 9:13am
who think it will go to 309x
  • #604,598
  • Mar 6, 2012 9:14am Mar 6, 2012 9:14am
Quoting Alec
So, what's so special about this 3110 level? (I don't have a clue)
It's not 3110, it's 3100. babypips.com, read about psych levels.
Please, just slap me around if I'm being silly ...
  • #604,599
  • Mar 6, 2012 9:16am Mar 6, 2012 9:16am
With some bumps along the way. I think we continue to slide on down.

This follows along the primary and intermediate trends as noted on attached charts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur primary.gif Size: 10 KB
Click to Enlarge Name: eur intermediate.gif Size: 9 KB
  • #604,600
  • Mar 6, 2012 9:16am Mar 6, 2012 9:16am
Quoting Fx-gtg
look at may and july candles 2010 same scenario. august being retracement and then september a 1000 pips shot to the sky bull candle
Yes,
but July candle was big one, it wanted 50% retracement first and then to check what happening on this 50% level. Obviosly there was strong "U-turn" signal, it went up testing that higher level.
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