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  • #13,081
  • Mar 20, 2012 10:08am Mar 20, 2012 10:08am
It was a stop hunt. Stops below 3190 were cleared then it was a clear buy, I got confirmation as the break of 3220 and I went with my level count table.

All levels previously said are valid. 3265-75 first but ofcourse valid close above 3242 preferably hourly close will confirm that. Just to be sure scale out close to 3245-50
  • #13,082
  • Mar 20, 2012 2:45pm Mar 20, 2012 2:45pm
I think it will go down or sideways for Asia for a possible buy at the dip at 3170-90. Under it we have 3140-60 and below the Weekly pivot.

Because we stopped at Weekly R1 today, this gives some good value of the R1.
If Asia blows the R1 or if we do tomorrow i see it well above current value.

I prefer the test of the Weekly pivot as u can read, so i dont expect it to go lower than that...
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  • #13,083
  • Mar 20, 2012 3:36pm Mar 20, 2012 3:36pm
To me just glance raw charts.. USD index 1 hr setting to go hier..Euroud at clear resistance .. EuX at resistance again again,,trend line and week fibo pivots..look later for possible short
  • #13,084
  • Mar 20, 2012 5:03pm Mar 20, 2012 5:03pm
If 3242-50 breaks 3275 3305 is inevitable. Look at the bully h1 candle patterns. Still indicates strong buying. Bears must break 3170, if not, there will be more short covering.
  • #13,085
  • Mar 20, 2012 7:53pm Mar 20, 2012 7:53pm
Quoting T@rantula
It was a stop hunt. Stops below 3190 were cleared then it was a clear buy, I got confirmation as the break of 3220 and I went with my level count table.

All levels previously said are valid. 3265-75 first but ofcourse valid close above 3242 preferably hourly close will confirm that. Just to be sure scale out close to 3245-50
Quoting T@rantula
If 3242-50 breaks 3275 3305 is inevitable. Look at the bully h1 candle patterns. Still indicates strong buying. Bears must break 3170, if not, there will be more short covering.
Quick update. Target almost hit Good night.

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  • #13,086
  • Mar 20, 2012 7:59pm Mar 20, 2012 7:59pm
Quoting T@rantula
If 3242-50 breaks 3275 3305 is inevitable. Look at the bully h1 candle patterns. Still indicates strong buying. Bears must break 3170, if not, there will be more short covering.
Yes...POINT Taken..bllsh orite..been out wish id stayed home..
  • #13,087
  • Mar 21, 2012 2:44am Mar 21, 2012 2:44am
EUUD 5 min short 3256.. stop 3273
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  • #13,088
  • Mar 21, 2012 2:48am Mar 21, 2012 2:48am
Good morning guys, 3275 has been hit as planned. Nice 50 points trade.

Now today I have 3299 as London projected top, and a very strong confluence around 3290-99, which may be good for short trades/scalps. If 329x fails 3305 is next and 3320 and I cannot see EU past that number.

ID look for short trades close to 329x with small stops first.

Levels are:

3235<3240<3248<3254<3259<3270(median)>3277>3282>3290>3295>3299
  • #13,089
  • Mar 21, 2012 3:11am Mar 21, 2012 3:11am
Morning all
Can we see 31 today?
We will see if bears still here or Not next 8h
  • #13,090
  • Mar 21, 2012 3:20am Mar 21, 2012 3:20am
Quoting danc
EUUD 5 min short 3256.. stop 3273
Out minus 10
  • #13,091
  • Mar 21, 2012 3:21am Mar 21, 2012 3:21am
Quoting egkid
Morning all
Can we see 31 today?
We will see if bears still here or Not next 8h
We can mate. Id like to see 329x rejection. Strong rejection off the projected top could lead us to 3170 . Overshooting to 3305 or 3320 could negate the reversal, but its still possible as ADX has slowed down and turned negative.

Id really look for reversal signs up there.
  • #13,092
  • Mar 21, 2012 3:26am Mar 21, 2012 3:26am
Hi Egkid,
That's what I am looking at too.

Quoting egkid
Morning all
Can we see 31 today?
We will see if bears still here or Not next 8h
  • #13,093
  • Mar 21, 2012 3:40am Mar 21, 2012 3:40am
Quoting danc
Out minus 10
That was rejection off 3250, still on 1m it was good for 7 pip scalp.
  • #13,094
  • Mar 21, 2012 3:47am Mar 21, 2012 3:47am
Nice rise from yesterday.

3291 a sell point for a scalp and then a range on 4h if we get back up there..

1h looks like a range forming..
  • #13,095
  • Mar 21, 2012 3:50am Mar 21, 2012 3:50am
Quoting T@rantula
That was rejection off 3250, still on 1m it was good for 7 pip scalp.
Yeah i am not focusing.. missed or stuffed up 3 in a row..have a rest come bach later.. gotta lower my expectations..the last one up was so clear.. trying to be 2 smart..
  • #13,096
  • Mar 21, 2012 3:55am Mar 21, 2012 3:55am
Took a S @ 1.328, SL: 1.333 (I can't manage this trade)
TP: open
REason sepecified in my last chart on Monday
  • #13,097
  • Mar 21, 2012 4:04am Mar 21, 2012 4:04am
Quoting BrunargarFx
Took a S @ 1.328, SL: 1.333 (I can't manage this trade)
TP: open
REason sepecified in my last chart on Monday
Good level for shorts as it is close to first major resistance 3290. If u havent entered too strong you could add if it jumps higher then 3305. 3330 should be final SL as 3320 is indeed final resistance for today ( LO projected top is 3299).
  • #13,098
  • Mar 21, 2012 4:06am Mar 21, 2012 4:06am
short 3273 10 stoploss
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  • #13,099
  • Mar 21, 2012 4:07am Mar 21, 2012 4:07am
Quoting T@rantula
Good level for shorts as it is close to first major resistance 3290. If u havent entered too strong you could add if it jumps higher 3330 being final SL as 3320 is indeed final resistance for today ( LO projected top is 3299)
i have 1.3304... above 1.3320 - we go to 1.3370-84... if this doesn't hold then 1.3415, 1.35+ but need to do more maths..

i will look at loading shorts at 1.3370-84.. btw previous trade was closed with -8 pips...
  • #13,100
  • Mar 21, 2012 4:11am Mar 21, 2012 4:11am
Hi T.
That's it, 1.333 final SL
I didn't entere too strong indeed but won't be able to add as I'm gonna be away at meetings.
PS: 1.3253 level to watch for further shorts
Will catch up later.
Safe trading all

Quoting T@rantula
Good level for shorts as it is close to first major resistance 3290. If u havent entered too strong you could add if it jumps higher then 3305. 3330 should be final SL as 3320 is indeed final resistance for today ( LO projected top is 3299).
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