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  • #13,761
  • Apr 4, 2012 5:35am Apr 4, 2012 5:35am
Quoting donfriday
i spot div on eu and gu 1hr chart ...
Dont have it plotted on charts atm ....STO or MACD ?
  • #13,762
  • Apr 4, 2012 5:38am Apr 4, 2012 5:38am
Quoting T@rantula
Dont have it plotted on charts atm ....STO or MACD ?
cci
MY OPINION NOT FINANCIAL ADVISE
  • #13,763
  • Apr 4, 2012 5:39am Apr 4, 2012 5:39am
3120 sliced like butter, waiting for next possible level ..3095, 3080..
  • #13,764
  • Apr 4, 2012 5:40am Apr 4, 2012 5:40am
Quoting donfriday
cci
I usually went with TL break on divergence confirmation.
  • #13,765
  • Apr 4, 2012 5:46am Apr 4, 2012 5:46am
Quoting T@rantula
3120 sliced like butter, waiting for next possible level ..3095, 3080..
so they knew they haven't test 3095 and went high like that....this guys suck
MY OPINION NOT FINANCIAL ADVISE
  • #13,766
  • Apr 4, 2012 5:47am Apr 4, 2012 5:47am
Quoting T@rantula
3120 sliced like butter, waiting for next possible level ..3095, 3080..
it going to 3060 bro that what i read it when my daily close@32 but i was in rush to my work and still high risk with AUD
http://www.forexfactory.com/showthre...53#post5540253
  • #13,767
  • Apr 4, 2012 5:49am Apr 4, 2012 5:49am
Quoting donfriday
so they knew they haven't test 3095 and went high like that....this guys suck
They are playing out hunting and fearing mid/long term longs. They cannot hunt us unless we fall prey to our own trap of trading mindlessly or longing w/o confirmation.

Im flat, cannot scalp now also as i need bigger retrace.
  • #13,768
  • Apr 4, 2012 5:50am Apr 4, 2012 5:50am
Quoting egkid
it going to 3060 bro that what i read it when my daily close@32 but i was in rush to my work and still high risk with AUD
http://www.forexfactory.com/showthre...53#post5540253
I have 3080 but surely will look to long at least first rejection if there is no strong and fast movement down. If price grinds slowly 3080 can be good for fast 10 15 pips trade.
  • #13,769
  • Apr 4, 2012 5:50am Apr 4, 2012 5:50am
channel ...break or bouce or false break...
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 13 KB
MY OPINION NOT FINANCIAL ADVISE
  • #13,770
  • Apr 4, 2012 5:53am Apr 4, 2012 5:53am
Why all this change to e/u why big sell
anyone?
  • #13,771
  • Apr 4, 2012 6:04am Apr 4, 2012 6:04am
Quoting egkid
Why all this change to e/u why big sell
anyone?
Dollar strength ( check USDX), Yen weakness due to end year fiscalization, ECB dovish comments.

We are still trapped in a Mid term bigger range ( 3005-3385), so corrections and retracements are normal.
  • #13,772
  • Apr 4, 2012 6:05am Apr 4, 2012 6:05am
Quoting egkid
Why all this change to e/u why big sell
anyone?
it was always there... due for a down move - the previous upmove to 1.3385 was all BS imo but it had to hit that price level

read my previous posts buddy... lingering in the mid to upper 1.33xx levels for a few days threw me off too but eventually fell... we will go up but not yet... chart tells me still bear mode... tomorrow i will hopefully get time for analysis when on better internet connections
  • #13,773
  • Apr 4, 2012 6:06am Apr 4, 2012 6:06am
3115 is an old friend, given the way 315 and 1.313 were broken through, we are heading for 1.3080.
There were no opportunity to load S on pullback...
Don't mnd me asking but going Long at 1.308 or 1.306 would you consider it for scalp until a btter level for short is reached?
  • #13,774
  • Apr 4, 2012 6:10am Apr 4, 2012 6:10am
Quoting T@rantula
Dollar strength ( check USDX), Yen weakness due to end year fiscalization, ECB dovish comments.

We are still trapped in a Mid term bigger range ( 3005-3385), so corrections and retracements are normal.
And forgot 1 more thing- technically important- 3230
  • #13,775
  • Apr 4, 2012 6:11am Apr 4, 2012 6:11am
Thanks for reply and share our view

If u can't figure the technical reason
here it's fundamental reason that's why both are important.
Federal Open Market Committee (FOMC) revealed that additional quantitative easing will likely only be implemented if the economy takes a turn for the worse.

Egkid
Quoting T@rantula
Dollar strength ( check USDX), Yen weakness due to end year fiscalization, ECB dovish comments.

We are still trapped in a Mid term bigger range ( 3005-3385), so corrections and retracements are normal.
Quoting jaylovin
it was always there... due for a down move - the previous upmove to 1.3385 was all BS imo but it had to hit that price level

read my previous posts buddy... lingering in the mid to upper 1.33xx levels for a few days threw me off too but eventually fell... we will go up but not yet... chart tells me still bear mode... tomorrow i will hopefully get time for analysis when on better internet connections
  • #13,776
  • Apr 4, 2012 6:15am Apr 4, 2012 6:15am
Quoting egkid
Thanks for reply and share our view

If u can't figure the technical reason
Break of 3230 definitely was an impulse for sell off. I have stated that many times before. And yet it was supported by fundies
  • #13,777
  • Apr 4, 2012 7:13am Apr 4, 2012 7:13am
no levels posted today
  • #13,778
  • Apr 4, 2012 9:51am Apr 4, 2012 9:51am
Quoting egkid
some guys Long Gold
WELL Maybe I'm Wrong!!!
Edit:I think gold going to 1613 close under it and bye bye Long for while
Exactly 1613 Hit As i said before 24H
  • #13,779
  • Apr 4, 2012 1:19pm Apr 4, 2012 1:19pm
Bears everywhere LOL
Cya tomorrow , No Rush
  • #13,780
  • Apr 5, 2012 12:27am Apr 5, 2012 12:27am
Good morning everyone.

Bear flag on h1 chart. We should have short continuation but also need to take care due to Easter weekend and NFP Friday.

Attached Image (click to enlarge)
Click to Enlarge Name: h1.jpg Size: 66 KB


Entries for shorts should be close to 3170 with stops at 3190 targeting 3115/3095
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