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EURUSD

  • #638,261
  • May 2, 2012 9:09am May 2, 2012 9:09am
expected to bounce to 1.318X then go down again
  • #638,262
  • May 2, 2012 9:10am May 2, 2012 9:10am
Quoting mohan76
support did not give any sign of give up have to bounce , it might retest ,
Its funny only cable and EUR doing this but not AUD
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #638,263
  • May 2, 2012 9:11am May 2, 2012 9:11am
still lube in the air
  • #638,264
  • May 2, 2012 9:11am May 2, 2012 9:11am
Quoting mohan76
support did not give any sign of give up have to bounce , it might retest ,
If we close above 1,3570 I think the signal is still LONG
  • #638,265
  • May 2, 2012 9:11am May 2, 2012 9:11am
Probability of a high spike upwards increasing.

Long EUR/USD with stoploss at 3140 or stay out

Reason for "Should have not happened" is that the pole of the blue circle is a very strong area, and pole breaks usually mean trend change in this case
Attached Image (click to enlarge)
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  • #638,266
  • May 2, 2012 9:14am May 2, 2012 9:14am
Quoting Kambooj
Probability of a high spike upwards increasing.

Long EUR/USD with stoploss at 3140 or stay out
INTERESTING CHART!!!
What kind of study do you use?
  • #638,267
  • May 2, 2012 9:15am May 2, 2012 9:15am
Its up on my thread:

http://www.forexfactory.com/showthread.php?t=297637
Quoting Nick35
INTERESTING CHART!!!
What kind of study do you use?
  • #638,268
  • May 2, 2012 9:20am May 2, 2012 9:20am
Quoting shhhhh
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...
OK you are right and I am wrong. Thanks for correcting me . Good Luck .
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #638,269
  • May 2, 2012 9:23am May 2, 2012 9:23am
Long 1.3150.
Nice little bounce on the 15 m charts. If it can close above the last two 15 m tops, should be a nice little bounce.
  • #638,270
  • May 2, 2012 9:27am May 2, 2012 9:27am
Having huge fun going long Ucad and Ecad
New voice message: Why are you calling me? If I need you, I'll call you!
  • #638,271
  • May 2, 2012 9:27am May 2, 2012 9:27am
Quoting KillerWhale
Having huge fun going long Ucad and Ecad
Never traded EurCad before but it is really worth doing.
Fast and Furious
New voice message: Why are you calling me? If I need you, I'll call you!
  • #638,272
  • May 2, 2012 9:29am May 2, 2012 9:29am
Quoting KillerWhale
Never traded EurCad before but it is really worth doing.
Fast and Furious
I think to go long EU we have to wait till London close, then fade the whole move
New voice message: Why are you calling me? If I need you, I'll call you!
  • #638,273
  • May 2, 2012 9:30am May 2, 2012 9:30am
Quoting KillerWhale
Never traded EurCad before but it is really worth doing.
Fast and Furious
yep it make 150 pip any side at any time , don't bling ur eye
Mohan
  • #638,274
  • May 2, 2012 9:31am May 2, 2012 9:31am
USDCAD 0.99
  • #638,275
  • May 2, 2012 9:36am May 2, 2012 9:36am
Quoting samdani786
OK you are right and I am wrong. Thanks for correcting me . Good Luck .

lube
  • #638,276
  • May 2, 2012 9:37am May 2, 2012 9:37am
i ll add to the shorts at this level 1.3160 which was support now i hope it will be a resistance target 1.3070
  • #638,277
  • May 2, 2012 9:40am May 2, 2012 9:40am
Quoting kill56
lube
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #638,278
  • May 2, 2012 9:45am May 2, 2012 9:45am
Quoting KillerWhale
I think to go long EU we have to wait till London close, then fade the whole move

Been long since 3130... We just need to get through 3160 area and then 3198 and the 3204-3206 area... I don't mind however to close above 32 today. Let's see how 3160 play out
  • #638,279
  • May 2, 2012 9:46am May 2, 2012 9:46am
Seems it has made a Lower High (LH).

(As always a However), However, if it breaks 1.3300 and stays above it, present down trend becomes invalid.
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The Thief of Wall Street
  • #638,280
  • May 2, 2012 9:47am May 2, 2012 9:47am
Quoting Fudomyo
Here's one.
You use Weekly chart to explain a spike in M5 chart?
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