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EURUSD

  • #624,021
  • Apr 12, 2012 5:12am Apr 12, 2012 5:12am
Quoting Flyer373
Awful price action.Worst in last 11 years.Always reversing.
PA is in critical phase, dangerous for some, patient ones will do ok

Ladies squeezed between s&r swissy hover 1 200 SNB floor, etc etc
so now is either scalp the present range prob 30 or 1hr, wait for BO retest then direction, otherwise is time to sit on hands

I will get couple very simple charts of 1 lady aussie, cause I have them all up at the moment, might help explain ping pong pa
If you are new to Forex? Say Goodbye to your account!!
  • #624,022
  • Apr 12, 2012 5:16am Apr 12, 2012 5:16am
Quoting Xxx
we already ve gone to 3030 dont be so precise pip by pip sir 3033 and 3030 is one and the same
You are right. So do you now say that the way down to 3030 is not possible either?

But where is the momentum?
Hunting High and Low
  • #624,023
  • Apr 12, 2012 5:16am Apr 12, 2012 5:16am
In view of this, we are looking to buy euro on dips as the Ichimoku cloud bottom (now at 1.3096) should limit downside. Only break of support at 1.3054 would suggest top is formed and signal the rebound from 1.3033 has ended and bring a retest of this level. Looking ahead, break of this last week’s low is needed to signal recent decline has resumed and extend weakness towards 1.3000-05 (psychological support and recent low) sharp fall below 1.2971 (50% projection of 1.3881-1.3033 measuring from 1.3145) should not be repeated and reckon 1.2950 would hold from here.

New strategy :

Buy at 1.3085, Target: 1.3200, Stop: 1.3050
  • #624,024
  • Apr 12, 2012 5:18am Apr 12, 2012 5:18am
It must be costly to keep € above that level:
Attached Image (click to enlarge)
Click to Enlarge Name: ff_010.jpg Size: 49 KB
  • #624,025
  • Apr 12, 2012 5:20am Apr 12, 2012 5:20am
Quoting Dr.Phoenix
You are right. So do you now say that the way down to 3030 is not possible either?
every thing is possible sir this is forex and that is why we use stops

i managed to get long @ 1.3039 on friday and took some of my profits @ 1.3150-55 and the others im holding with stops just under 1.3015
  • #624,026
  • Apr 12, 2012 5:22am Apr 12, 2012 5:22am
Quoting KiwiTrada
PA is in critical phase, dangerous for some, patient ones will do ok

Ladies squeezed between s&r swissy hover 1 200 SNB floor, etc etc
so now is either scalp the present range prob 30 or 1hr, wait for BO retest then direction, otherwise is time to sit on hands

I will get couple very simple charts of 1 lady aussie, cause I have them all up at the moment, might help explain ping pong pa


Kiwi, happy birthday homie, More green lights for you ! Congratz, keep a smile on your face and everything will be allright
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #624,027
  • Apr 12, 2012 5:23am Apr 12, 2012 5:23am
ya its scalpers world now...there is no scoops to make big trend
Quoting BFSGcapital
I don't know why people don't like this price action... extremely volatile and charts are being painted perfectly. Scalpers paradise.
follow the flow of music $
  • #624,028
  • Apr 12, 2012 5:23am Apr 12, 2012 5:23am
Quoting Dr.Phoenix
You are right. So do you now say that the way down to 3030 is not possible either?

But where is the momentum?
im seeing the momentum slowly building to the upside but u never know when they cheat and that is why we use divergence in momentum
with price action to our favor
thank you
  • #624,029
  • Apr 12, 2012 5:27am Apr 12, 2012 5:27am
Quoting Xxx
every thing is possible sir this is forex and that is why we use stops
The truth is yours.
Hunting High and Low
  • #624,030
  • Apr 12, 2012 5:27am Apr 12, 2012 5:27am
Quoting KiwiTrada
PA is in critical phase, dangerous for some, patient ones will do ok

Ladies squeezed between s&r swissy hover 1 200 SNB floor, etc etc
so now is either scalp the present range prob 30 or 1hr, wait for BO retest then direction, otherwise is time to sit on hands

I will get couple very simple charts of 1 lady aussie, cause I have them all up at the moment, might help explain ping pong pa
Ok AU daily and 4hr can see the battle between the 2 trendlines, you can add fibs, ma,s whatever you want we have different charts for different views, these is nice clean
My bias always is bear, I interest this girl prferred rejection of tl,s but she is squeezed for now, but bias still valid cause for us she still below monthly open and the blue ascending daily tl
If ladies start breaking resistances, we be wait either for next weeks open, or the April Open as on chart
Right now she has form a diamond between the 2 tl,s this is 50/50 so breach retest of either tl should give better direction
I hope is help see why pa is in such confusing mood.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AU 4hr 12 4 2012.png Size: 49 KB
Click to Enlarge Name: AU Daily 12 4 2012.png Size: 46 KB
If you are new to Forex? Say Goodbye to your account!!
  • #624,031
  • Apr 12, 2012 5:31am Apr 12, 2012 5:31am
Quoting KillerWhale
Shoot I just realize that since 1 hour and 47 minutes it is my birthday.

I feel very old right now. Nothing to party about.
Happy Birthday KW!

Hopefully the NY session will provide some birthday pips!
  • #624,032
  • Apr 12, 2012 5:36am Apr 12, 2012 5:36am
Garbage PA
  • #624,033
  • Apr 12, 2012 5:38am Apr 12, 2012 5:38am
wel im expecting good break out to the upside today at any time soon "a good break out"

and let me clear my self its only my intuition and expectations

thank you!
  • #624,034
  • Apr 12, 2012 5:40am Apr 12, 2012 5:40am
I hear about some short a few time before, lucky
Think Different
  • #624,035
  • Apr 12, 2012 5:41am Apr 12, 2012 5:41am
Twinsummit
Attached Image (click to enlarge)
Click to Enlarge Name: my analysis EU2.1.gif Size: 114 KB
Trade what you SEE, don't trade what you FEEL. Be Smart! - (Webadoi)
  • #624,036
  • Apr 12, 2012 5:44am Apr 12, 2012 5:44am
short term resistance between 1.3150-60
check the arrow on my chartX
Attached Image (click to enlarge)
Click to Enlarge Name: usd.gif Size: 18 KB
  • #624,037
  • Apr 12, 2012 5:44am Apr 12, 2012 5:44am
There are many newbie in this thread.
Think Different
  • #624,038
  • Apr 12, 2012 5:46am Apr 12, 2012 5:46am
seems to be again a failure on eu gu...

  • #624,039
  • Apr 12, 2012 5:48am Apr 12, 2012 5:48am
i think set small short on 1.3141 tp 1.3125 ^)
Scalp mode= on
  • #624,040
  • Apr 12, 2012 5:51am Apr 12, 2012 5:51am
Quoting fxkiller
seems to be again a failure on eu gu...

There are many newbies in this thread, i need a vouch
Think Different
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