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  • #611,821
  • Mar 19, 2012 7:50pm Mar 19, 2012 7:50pm
the analysis data probably may help...
tq so much guys for ur kindly comment and view
i wish i could be professional trader soon...
  • #611,822
  • Mar 19, 2012 7:50pm Mar 19, 2012 7:50pm
Quoting mohan76
thanks, traders are only good with numbers
have a good asian session, I am off to bed (00:45)
your 32150 is my 32200
your 33250 is my 33220 and inbetween I got 32800

not too far off
  • #611,823
  • Mar 19, 2012 7:57pm Mar 19, 2012 7:57pm
Quoting nawafasad1
it needs another high to finish w5 from1.3140. that coulod finish the cycle so downtrend resumes
Have a very similar count (your A vs my 1) but I will be looking to short a new high to finish 5 waves into wave C... still have one long left.

http://www.forexfactory.com/attachme...4&d=1332084412
Don't have an ego. Always question yourself and your ability.
  • #611,824
  • Mar 19, 2012 7:59pm Mar 19, 2012 7:59pm
Quoting 2046
have a good asian session, I am off to bed (00:45)
your 32150 is my 32200
your 33250 is my 33220 and inbetween I got 32800

not too far off
yes 1st strong resistant @ 3280/90
Mohan
  • #611,825
  • Mar 19, 2012 8:03pm Mar 19, 2012 8:03pm
What am I gonna do now? Long or short?
  • #611,826
  • Mar 19, 2012 8:09pm Mar 19, 2012 8:09pm
no reason to short untill price reach 1.33
  • #611,827
  • Mar 19, 2012 8:16pm Mar 19, 2012 8:16pm
Quoting tunera
no reason to short untill price reach 1.33
Why is that?
  • #611,828
  • Mar 19, 2012 8:19pm Mar 19, 2012 8:19pm
Pure market geometry, if price is going to find resistance it will find above 1.33, but personally i think it is more probable that it may find a cluster of stop orders that will reinforce the bullish momentum, i would say from 1.33 to 1.35 it may be an easy run.
What will happen after 1.35 is still hard to tell, but still i see 1.35 as another bullish momentum reinforcement, things are changing.. maybe the eur will not stay in downtrend forever.
  • #611,829
  • Mar 19, 2012 8:30pm Mar 19, 2012 8:30pm
Just woke up, good ehhhh .....whatever!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #611,830
  • Edited 8:46pm Mar 19, 2012 8:31pm | Edited 8:46pm
Quoting 2046
have a good asian session, I am off to bed (00:45)
your 32150 is my 32200
your 33250 is my 33220 and inbetween I got 32800

not too far off
Do they still exist lately?
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  • #611,831
  • Mar 19, 2012 8:35pm Mar 19, 2012 8:35pm
Quoting tunera
Pure market geometry
What is that?
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  • #611,832
  • Mar 19, 2012 8:35pm Mar 19, 2012 8:35pm
Quoting mohan76
yes 1st strong resistant @ 3280/90
Hey Mohan, doing okay?
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  • #611,833
  • Mar 19, 2012 8:39pm Mar 19, 2012 8:39pm
I am losing money now!
  • #611,834
  • Mar 19, 2012 8:42pm Mar 19, 2012 8:42pm
either winning or losing ... the way u trade??it's 50/50
There is no royal road to anything.
  • #611,835
  • Mar 19, 2012 8:44pm Mar 19, 2012 8:44pm
I was looking for a long.. but the price went down..
  • #611,836
  • Mar 19, 2012 8:45pm Mar 19, 2012 8:45pm
Quoting srpggamer
I am losing money now!
Someone has to, otherwise others cannot win.
So the community must say "thank you" to you I think.
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  • #611,837
  • Mar 19, 2012 9:09pm Mar 19, 2012 9:09pm
A small retrace is likely but not guaranteed. We might go as low as 1.3200/05. The pivot area is around 1.3175/80, so if we close below there, the bears have retaken control. Once again, this is unlikely in my opinion. I still have a long position and expect EUR/USD to rise for the rest of the week.
  • #611,838
  • Mar 19, 2012 9:15pm Mar 19, 2012 9:15pm
Quoting Kowalczyk
A small retrace is likely but not guaranteed. We might go as low as 1.3200/05. The pivot area is around 1.3175/80, so if we close below there, the bears have retaken control. Once again, this is unlikely in my opinion. I still have a long position and expect EUR/USD to rise for the rest of the week.
The week has just started
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  • #611,839
  • Mar 19, 2012 9:24pm Mar 19, 2012 9:24pm
Quoting KillerWhale
The week has just started
Yes. I have noticed that when ever a new trend starts, it repeats a similar pattern most times. There will be a large move the Thursday and/or Friday the week before. During the Sunday Asian and European session, it will go slightly lower and create the lows for the week (In the case of a trend reversal, it might even make a new low). It will have a large pop during the NY session on Monday and continue up each day until Friday. On Friday, it could go either up or down.

This pattern is obviously not guaranteed and I just started testing but so far it has been occurring right before the start of a new trend. It also usually happens during trend reversals so it is interesting to see how it reacts after a ranging market.

This is obviously nothing I would put major money because it I am still testing it, but so far it looks promising. I am long for other reasons but this pattern just reassures me that much more.
  • #611,840
  • Mar 19, 2012 9:32pm Mar 19, 2012 9:32pm
Quoting Kowalczyk
Yes. I have noticed that when ever a new trend starts, it repeats a similar pattern most times. There will be a large move the Thursday and/or Friday the week before. During the Sunday Asian and European session, it will go slightly lower and create the lows for the week (In the case of a trend reversal, it might even make a new low). It will have a large pop during the NY session on Monday and continue up each day until Friday. On Friday, it could go either up or down.

This pattern is obviously not guaranteed and I just started testing...
Nice explanation thanks, we'll see.
Personally I don't believe it will go past 1.331x but you never know.
I still think you should change your signature but that's also just my opinion.

Happy trading
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