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EURUSD

  • #638,241
  • May 2, 2012 8:43am May 2, 2012 8:43am
Quoting mohan76
looks its doing range
nah dont uknow its manipulation time on metals hope u shorted
  • #638,242
  • May 2, 2012 8:44am May 2, 2012 8:44am
No



Quoting JollyJoker
i still find see some stream in pound......pound like double top, double bottom.......i am waiting for double top
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #638,243
  • May 2, 2012 8:47am May 2, 2012 8:47am
Quoting stevexyg
Maybe that's not really important. You shouldn't be predicting pa in this game you should be following it. On the 5m chart we have lower lows and lower highs. That's all we need to know. Latest lower high was not as pronounced so could be a turn on the cards now. That's not guaranteed but doesn't have to be. Just follow the price.
I only got 12pips out of that, dissapointed, always getting out too early.
  • #638,244
  • May 2, 2012 8:47am May 2, 2012 8:47am
Down !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp usd.png Size: 33 KB
Click to Enlarge Name: gbp usd h4 2-5.png Size: 31 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #638,245
  • May 2, 2012 8:47am May 2, 2012 8:47am
SPIKE UP!
  • #638,246
  • May 2, 2012 8:49am May 2, 2012 8:49am
Was it this news caused this spike?
Attached Image (click to enlarge)
Click to Enlarge Name: Was it this.JPG Size: 13 KB
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #638,247
  • May 2, 2012 8:49am May 2, 2012 8:49am
[email protected]
  • #638,248
  • May 2, 2012 8:49am May 2, 2012 8:49am
Quoting Esssex
SPIKE UP!
What happened?
  • #638,249
  • May 2, 2012 8:50am May 2, 2012 8:50am
Some other reasons euro weak
- French election will likely put socialist anti austerity govt
Into power weakening current German/French accord ( albeit strained )

- Spanish bond sale tomorrow I think after bad euro numbers

- all euro numbers were bad this week

To be honest this time yesterday I expected the euro to tumble and others commented it seemed high.

Recently US session has been euro bull, if she's lost the love tonight I wouldn't be surprised to see 3070 before us main report on Friday and possibly lower again if French election and Monsieur Normal male the wrong noises

Oh and German inflation a bit wobbly to
  • #638,250
  • May 2, 2012 8:50am May 2, 2012 8:50am
Quoting sidhujag
nah dont uknow its manipulation time on metals hope u shorted
i don't like to touch it
Mohan
  • #638,251
  • May 2, 2012 8:53am May 2, 2012 8:53am
Quoting mohan76
i don't like to touch it
Could even be a leak about the next news in 6min?
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #638,252
  • May 2, 2012 8:54am May 2, 2012 8:54am
Quoting Avir
Was it this news caused this spike?
Don't know don't follow news - anyone? What you can say is after such a sell off there are always plenty on the sides waiting to jump into a swing back and the smallest sign of a turn can bring those on the sides to the table. The smallest sign of a turn can also be what some big sellers are waiting for ofcourse. This type of pa is very dificult to get right - don't risk what you can't afford to loose is the maxim for the day.
  • #638,253
  • May 2, 2012 8:59am May 2, 2012 8:59am
Quoting samdani786
Thats why I wrote it " Possible BAT pattern " That is the beauty of it. Everybody see these pattern once they are complete. I see them way ahead of time and play leg by leg. Look at these charts from 11-11 . I played every leg as I predicted. The market only makes these patterns and nothing else. you just have to see them. They are everywhere. Yes I am little creative and very good at it
You are missing the point completely, but I won't debate further than this. When you draw pattern for both direction, I'm sure one will hit and you'll have a winner, but that wasn't my point. Just it's incorrect to talk harmonic when you don't have the D point. From the D point we have a possible harmonic, not anytime sooner. If from D[also known as PRZ] it reverses, we have a VALID HARMONIC, if not, we have nothing. From your imagination you could call it "possible spaceship" with the same accuracy...
charting the euro...
  • #638,254
  • May 2, 2012 8:59am May 2, 2012 8:59am
Quoting stevexyg
Don't know don't follow news - anyone? What you can say is after such a sell off there are always plenty on the sides waiting to jump into a swing back and the smallest sign of a turn can bring those on the sides to the table. The smallest sign of a turn can also be what some big sellers are waiting for ofcourse. This type of pa is very dificult to get right - don't risk what you can't afford to loose is the maxim for the day.
There was one EUR spike earlier today @ 7:40 GMT. Both have killed my trade fu*k!
  • #638,255
  • May 2, 2012 8:59am May 2, 2012 8:59am
Quoting Avir
Could even be a leak about the next news in 6min?
looks little fast bounced back with little help from new York data & stops , looks pure technical
Mohan
  • #638,256
  • May 2, 2012 9:01am May 2, 2012 9:01am
Quoting mohan76
looks little fast bounced back with little help from new York data & stops , looks pure technical
Can't see any technical reasons at all.
  • #638,257
  • May 2, 2012 9:01am May 2, 2012 9:01am
Quoting mohan76
looks little fast bounced back with little help from new York data & stops , looks pure technical
Thanks
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #638,258
  • May 2, 2012 9:01am May 2, 2012 9:01am
Quoting kk007
There was one EUR spike earlier today @ 7:40 GMT. Both have killed my trade fu*k!
Took me out too but provided another instance for me to short.
  • #638,259
  • May 2, 2012 9:03am May 2, 2012 9:03am
Quoting kk007
There was one EUR spike earlier today @ 7:40 GMT. Both have killed my trade fu*k!
Stop Loss
  • #638,260
  • May 2, 2012 9:03am May 2, 2012 9:03am
Quoting kk007
Can't see any technical reasons at all.
support did not give any sign of give up have to bounce , it might retest ,
Mohan
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