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Circular Trendlines

  • #1,741
  • Apr 16, 2012 10:35am Apr 16, 2012 10:35am
If the drop from 3073 to 3064, which was a stiff drop continues, then I suspect that 3100 wont get hit
Quoting egkid
there is possibility 3104 as top if 1h fail and drop from it
  • #1,742
  • Apr 16, 2012 11:10am Apr 16, 2012 11:10am
UPDATE
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #1,743
  • Apr 16, 2012 3:13pm Apr 16, 2012 3:13pm
Quoting Kambooj
If the drop from 3073 to 3064, which was a stiff drop continues, then I suspect that 3100 wont get hit
Depends on Asia and daily close
Really don't understand why the aggressive up move in that timing my only explanation Central banks happy with this zone 1.30 -1.35
i will b watching 4h and daily key point 3131 as long as 4h close above W shape will b in play
time to sleep have work early
GL
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  • #1,744
  • Apr 17, 2012 8:12am Apr 17, 2012 8:12am
EUR will be going slightly higher today, but below 3200 as the final destination, afterwhich the journey toward 2900 will begin again.

Best choice for today is to stay out.
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  • #1,745
  • Apr 17, 2012 8:19am Apr 17, 2012 8:19am
Quoting Kambooj
EUR will be going slightly higher today, but below 3200 as the final destination, afterwhich the journey toward 2900 will begin again.

Best choice for today is to stay out.
Not agree with that any way
I do , just watching
PA still bouncing above 3131 Strange the question remain
IS it going to make W shape , will check when back home
  • #1,746
  • Apr 17, 2012 9:25am Apr 17, 2012 9:25am
Still at low of 3106, there is potential for upmove to 3180, or just slightly below 3200 before turn around occurs.

Wont sell in the current market conditions yet.


Quoting egkid
Not agree with that any way
I do , just watching
PA still bouncing above 3131 Strange the question remain
IS it going to make W shape , will check when back home
  • #1,747
  • Apr 17, 2012 10:20am Apr 17, 2012 10:20am
Here is my reasoning for saying motion will go up towards 3190.

And the reason for mentioning to stay out for now.


Quoting Kambooj
EUR will be going slightly higher today, but below 3200 as the final destination, afterwhich the journey toward 2900 will begin again.

Best choice for today is to stay out.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_M15.jpg Size: 111 KB
  • #1,748
  • Apr 17, 2012 10:34am Apr 17, 2012 10:34am
Quoting Kambooj
Here is my reasoning for saying motion will go up towards 3190.

And the reason for mentioning to stay out for now.
My previous post suggest up move but when i said not agree i mean it will go higher than 1.32
i think i will long putting SL@3090
  • #1,749
  • Apr 17, 2012 10:42am Apr 17, 2012 10:42am
I am having trouble matching up the dates at the bottom of your charts with your T periods. What time does T4 correlate to -- today is the 17th? Similarly, the T2 low was on Monday, surely not on Saturday 14th as show.
  • #1,750
  • Apr 17, 2012 10:43am Apr 17, 2012 10:43am
Long@3131 SL 3090 TP No calculated yet will eat and see because just back from work
  • #1,751
  • Apr 17, 2012 10:53am Apr 17, 2012 10:53am
Here is my take of the situation:
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  • #1,752
  • Apr 17, 2012 10:56am Apr 17, 2012 10:56am
The date labels of 17 denote 19:00 hours as I checked on my chart. It must have been because I moved the chart to put the star there.

But it looks like before close of today, whatever high that it might be.

Quoting hipponax
I am having trouble matching up the dates at the bottom of your charts with your T periods. What time does T4 correlate to -- today is the 17th? Similarly, the T2 low was on Monday, surely not on Saturday 14th as show.
  • #1,753
  • Apr 17, 2012 11:00am Apr 17, 2012 11:00am
I redid this on M30 and it looks like close to the end of todays session.
Since there are 2 times that market makes nice moves in New York Session
(ie
10:30 AM - 12:00 AM EST
and
2:30 PM-3:30 PM EST
)
then I would suspect it will be somewhere in between 2:30 and 3:30

Quoting hipponax
I am having trouble matching up the dates at the bottom of your charts with your T periods. What time does T4 correlate to -- today is the 17th? Similarly, the T2 low was on Monday, surely not on Saturday 14th as show.
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  • #1,754
  • Apr 17, 2012 11:20am Apr 17, 2012 11:20am
Thanks. I think I see... So the triangle in the 11.53 chart would target a new T4 on the 19th? And T3 would fall at close of session today on the 12.00 chart?
  • #1,755
  • Apr 17, 2012 3:00pm Apr 17, 2012 3:00pm
Yes you are correct,
Sorry about the late reply.

But right now toward the end of New York Session its making some moves downwards, so lets see how that would go.

On the bigger time frames the tool gives a more longer term pivots.

Quoting hipponax
Thanks. I think I see... So the triangle in the 11.53 chart would target a new T4 on the 19th? And T3 would fall at close of session today on the 12.00 chart?
  • #1,756
  • Apr 17, 2012 10:41pm Apr 17, 2012 10:41pm
Here is a update, the turnaround at the end of new york session today was less than favorable, so here is a update again...
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  • #1,757
  • Apr 17, 2012 10:55pm Apr 17, 2012 10:55pm
Here is the analysis on time...
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  • #1,758
  • Apr 18, 2012 3:15am Apr 18, 2012 3:15am
first i see up then down . like you see Mr.bubble.
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looking for investors . pm me
  • #1,759
  • Apr 18, 2012 3:29am Apr 18, 2012 3:29am
Quoting Kambooj
Here is the analysis on time...
Is that the star of David I see in the circle?
  • #1,760
  • Apr 18, 2012 4:01am Apr 18, 2012 4:01am
Quoting egkid
My previous post suggest up move but when i said not agree i mean it will go higher than 1.32
i think i will long putting SL@3090
Well Ok SL hit and change direction Again, Nuts
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