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  • #641,961
  • May 10, 2012 2:30am May 10, 2012 2:30am
Quoting artux786
I can see a very clear Elliott Wave pattern on current EU chart, pls take a look>>>
same view here, but better if we do not try to count in small TF.
Keep Simple...!
  • #641,962
  • May 10, 2012 2:32am May 10, 2012 2:32am
It may ranges here a bit before breaking up
COT: The precious data ignored
  • #641,963
  • May 10, 2012 2:33am May 10, 2012 2:33am
Quoting Ac1d
there ya be
NIce I use CCI but stochastics will do
I've got a bearish one on H1 if price reject it will see our move - patience - thats all we need now.
swing it!
  • #641,964
  • May 10, 2012 2:33am May 10, 2012 2:33am
Quoting artux786
I can see a very clear Elliott Wave pattern on current EU chart, pls take a look>>>
Can you share the scaling in EA u have on ur chart?
Thanks.
  • #641,965
  • May 10, 2012 2:34am May 10, 2012 2:34am
bear might come back


Greek officials on the airwaves - saying that if Greece didn;t receive its June aid tranche it could use money from its bank fund if needed
Mohan
  • #641,966
  • May 10, 2012 2:35am May 10, 2012 2:35am
Quoting tomspin
NIce I use CCI but stochastics will do
I've got a bearish one on H1 if price reject it will see our move - patience - thats all we need now.

Already got my 25 pips out of it, so I'm not worried, I don't trade Higher TF.
Just keep my eye on it to help with my shorter positions.
  • #641,967
  • May 10, 2012 2:35am May 10, 2012 2:35am
Patiently (or not) waiting for the GBP news....if bad this time we could say bye bye to the pound.

I really doubt it can head higher with all these bad news coming up from England
COT: The precious data ignored
  • #641,968
  • May 10, 2012 2:36am May 10, 2012 2:36am
Quoting mohan76
bear might come back


Greek officials on the airwaves - saying that if Greece didn;t receive its June aid tranche it could use money from its bank fund if needed
Aren't those idiots bankrupt?
  • #641,969
  • May 10, 2012 2:38am May 10, 2012 2:38am
Quoting Esssex
Aren't those idiots bankrupt?
they want to make few bankers rich before they go 100% bankrupt
Mohan
  • #641,970
  • May 10, 2012 2:41am May 10, 2012 2:41am
Quoting mohan76
they want to make few bankers rich before they go 100% bankrupt
Once they have "stolen" enough money from us, they'll go bankrupt...classic...and smart
COT: The precious data ignored
  • #641,971
  • May 10, 2012 2:41am May 10, 2012 2:41am
Quoting kuroro001
Patiently (or not) waiting for the GBP news....if bad this time we could say bye bye to the pound.

I really doubt it can head higher with all these bad news coming up from England
same here...but not trusting the bastards on this game view right now
  • #641,972
  • May 10, 2012 2:43am May 10, 2012 2:43am
Quoting kuroro001
Patiently (or not) waiting for the GBP news....if bad this time we could say bye bye to the pound.

I really doubt it can head higher with all these bad news coming up from England
I've posted chart in GBP thread care to have a look and quick comment?
swing it!
  • #641,973
  • May 10, 2012 2:44am May 10, 2012 2:44am
We are in "Sell in May" bear mode.....

Rebound for the Europe markets might be short-lived for today and perhaps only for morning.....

RSI showing -ve divergence on 5min chart.

MACD on 5min trying to go in to sell mode as well.
  • #641,974
  • May 10, 2012 3:02am May 10, 2012 3:02am
Short - I've got my signal TP open for now

http://s7.postimage.org/re79vpja3/eurusd.gif
adult upload image
swing it!
  • #641,975
  • May 10, 2012 3:04am May 10, 2012 3:04am
just closed my short from 64, another 8 pips for mr. piggy
  • #641,976
  • May 10, 2012 3:05am May 10, 2012 3:05am
now she wants to drop down now 2950 will be a hurdle.....she will overcome still have 2874 target greece will have to leave euro zone and then spain and pii.. Germany will have a little
  • #641,977
  • May 10, 2012 3:09am May 10, 2012 3:09am
Short .......
Attached Image (click to enlarge)
Click to Enlarge Name: analyse1.gif Size: 44 KB
  • #641,978
  • May 10, 2012 3:11am May 10, 2012 3:11am
Quoting solsys
We are in "Sell in May" bear mode.....

Rebound for the Europe markets might be short-lived for today and perhaps only for morning.....

RSI showing -ve divergence on 5min chart.

MACD on 5min trying to go in to sell mode as well.
Closed my short after hitting lower Bollinger Bands 20 on 5 min chart for EUR USD.
  • #641,979
  • May 10, 2012 3:11am May 10, 2012 3:11am
Quoting SnaveForex
now she wants to drop down now 2950 will be a hurdle.....she will overcome still have 2874 target greece will have to leave euro zone and then spain and pii.. Germany will have a little
a little more money to spent .for eu space... ...but the greece does not want to leave euro space.....want more money tu start economical engine...
  • #641,980
  • May 10, 2012 3:12am May 10, 2012 3:12am
Quoting SnaveForex
there is a rinse and repeat pattern going on
s @ 2968 will hold until london, if bears are in control, i will keep it till the fix at 10.30 est it may be earlier or later +/- 15min. for quick scalp for 30-40 pips and sell the rally around 1-2 est.

this is obvious in es as well same scenario

until a see a reversal on higher time frame. this will be my view
medium target 1.2878
lets see if they repeat this time. happened for two straight days
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