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  • #629,701
  • Apr 20, 2012 8:16am Apr 20, 2012 8:16am
Quoting sonicdeejay
My vol indication say 1.323x may be the highest for today,,

Sonic
there could be retest of today's high but hard to break 1.3224
Charts are never wrong, but the chart reader often is.
  • #629,702
  • Apr 20, 2012 8:16am Apr 20, 2012 8:16am
Bearish Butterfly now on the H4 & H1
Attached Image (click to enlarge)
Click to Enlarge Name: c1.jpg Size: 168 KB
  • #629,703
  • Apr 20, 2012 8:17am Apr 20, 2012 8:17am
Quoting chess king
yes .. but imo ..
..if break 3225..3229 went to 3250
you need to factor in time of day, europe and london are shutting down for the week and we're approaching the ny lunch hour, if it's gonna pop again then i doubt it will do so before the ny pm session..

could be wrong, let's see..
  • #629,704
  • Apr 20, 2012 8:19am Apr 20, 2012 8:19am
Quoting Z3iz3i
This hour close is 8hr gmt. I think we will see pump and dump.

Just when looking at major resistance and a couple of weak bought hours behind.
gonna be an interesting close today, a close higher would be bullish, but a lower double top on the weekly would be quite a bearish signal in my opinion... let's c...
  • #629,705
  • Apr 20, 2012 8:21am Apr 20, 2012 8:21am
Quoting sonicdeejay
Yea..sideway and that it..
To me 1.323x must be this wk high
dunno, have seen two or 3 more drives late on a friday before, but we are at a critical level for mid term bias...
  • #629,706
  • Apr 20, 2012 8:22am Apr 20, 2012 8:22am
Quoting FibbinArchie
you need to factor in time of day, europe and london are shutting down for the week and we're approaching the ny lunch hour, if it's gonna pop again then i doubt it will do so before the ny pm session..

could be wrong, let's see..
completely agree ... but at the end of the day we must be aware
  • #629,707
  • Apr 20, 2012 8:25am Apr 20, 2012 8:25am
Quoting chess king
completely agree ... but at the end of the day we must be aware
ahh yeah absolutely, anything can happen, someone like fitch ratings might come out of the woodwork with a sovereign downgrade at the last minute and blow your analysis right out of the water...
  • #629,708
  • Apr 20, 2012 8:26am Apr 20, 2012 8:26am
Well folks,

I'm officially starting my weekend.

Trade well and may green pips be had
Learn to see what's there, not what you want to see.
  • #629,709
  • Apr 20, 2012 8:27am Apr 20, 2012 8:27am
Quoting FibbinArchie
dunno, have seen two or 3 more drives late on a friday before, but we are at a critical level for mid term bias...

prices failed to close above 1.3212 for short term; my short term bias turns from bullish to bearish, i have taken profit at 1.3210 prices failed to reach my target at 1.3233, i will try to short only "scalp" around today's high or near high or if highs breaks with bearish divergence this could be a excellent short opportunity targeting 1.3155-60
Charts are never wrong, but the chart reader often is.
  • #629,710
  • Apr 20, 2012 8:28am Apr 20, 2012 8:28am
Bull seem support n strong..
I m watching too,,

Don't like to trade on Fridays,,1.323x still highest for me

Sonic
  • #629,711
  • Apr 20, 2012 8:29am Apr 20, 2012 8:29am
Quoting exit
prices failed to close above 1.3212 for short term; my short term bias turns from bullish to bearish, i have taken profit at 1.3210 prices failed to reach my target at 1.3233, i will try to short only "scalp" around today's high or near high or if highs breaks with bearish divergence this could be a excellent short opportunity targeting 1.3155-60
ok, good luck with the trade buddy....
  • #629,712
  • Apr 20, 2012 8:29am Apr 20, 2012 8:29am
Attached Image (click to enlarge)
Click to Enlarge Name: eu daily.gif Size: 42 KB
  • #629,713
  • Apr 20, 2012 8:30am Apr 20, 2012 8:30am
Quoting sonicdeejay
Bull seem support n strong..
I m watching too,,

Don't like to trade on Fridays,,

Sonic
nothing worse than being stuck in a losing position over the weekend..

been there, seen it, done it, bought the t-shirt, and it will always gap against if you hold and gap in favour if you close, in my experience anyway..
  • #629,714
  • Edited 8:41am Apr 20, 2012 8:31am | Edited 8:41am
London off , cow boy can play there game now

edit : how boys don't have enough power or waiting for 4h close ?
Mohan
  • #629,715
  • Apr 20, 2012 8:34am Apr 20, 2012 8:34am
Quoting FibbinArchie
ahh yeah absolutely, anything can happen, someone like fitch ratings might come out of the woodwork with a sovereign downgrade at the last minute and blow your analysis right out of the water...
..I do not think I'll get more into the market today ... start all over again Monday
  • #629,716
  • Apr 20, 2012 8:37am Apr 20, 2012 8:37am
Quoting chess king
..I do not think I'll get more into the market today ... start all over again Monday
sounds like a good plan, enjoy the weekend.

hey, rain, thunder and hail storm has just shown up right in time for the weekend, damn it's setting off car alarms and all sorts, gotta love the british weather..
  • #629,717
  • Apr 20, 2012 8:42am Apr 20, 2012 8:42am
Quoting FibbinArchie
sounds like a good plan, enjoy the weekend.

hey, rain, thunder and hail storm has just shown up right in time for the weekend, damn it's setting off car alarms and all sorts, gotta love the british weather..
Peace n quiet night over here in Singapore


Sonic
  • #629,718
  • Apr 20, 2012 8:43am Apr 20, 2012 8:43am
Quoting FibbinArchie
sounds like a good plan, enjoy the weekend.

hey, rain, thunder and hail storm has just shown up right in time for the weekend, damn it's setting off car alarms and all sorts, gotta love the british weather..
good weekend for you .. play safe
  • #629,719
  • Apr 20, 2012 8:46am Apr 20, 2012 8:46am
Quoting achai
totaly agree
  • #629,720
  • Apr 20, 2012 8:46am Apr 20, 2012 8:46am
Quoting sonicdeejay
Peace n quiet night over here in Singapore


Sonic
reckon that's me for the day, gonna play a bit of online medal of honour, will check back in a couple of hours to see if it's developed.. have a good weekend if i don't see you then...
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