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  • #14,461
  • May 9, 2012 4:55am May 9, 2012 4:55am
My calculations point to 2865 near term. 3085 is major resistance now so for any trade dead stop should be just above it.. Sell on PBs is advised.

For intraday trades 3000-3010 might be a good PB to try short trades.
  • #14,462
  • May 9, 2012 5:02am May 9, 2012 5:02am
I agree with everything. 3080 is not in sight just right now. I can't post a drawing but my most likely scenario is a resumption of downtrend to 1.288x level before a move back up to 1.3080 probably triggered by covering and SNB. Then down again. Waiting for NY now. but will put a light stake for Shorting on a PB.

I'm not considering to trade EUR/CHF but I keep a close look at it as we are nearing the 1.20 level...

Quoting T@rantula
Hey B, im glad you are back!

As for EU 3002 I have as London projected top while 2942 as London projected low.

The problem is 3080 is not in sight now, 3012 3031 and 3060 are resistance levels now so the pullback may be anchored to 3002 at the moment.

For EURCHF floor is at 1.2000, so its wise to pay attention to the pair.The pair is untradeable having its ATR around 5 pips. CB or SNB Intervention is the only thing that can move the pair.
  • #14,463
  • May 9, 2012 5:55am May 9, 2012 5:55am
Quoting T@rantula
Guys,

Me and Black Widow are looking for ACTIVE TRADERS to join with us and trade together in the team.

For further details please send PM to me or BW.
Well Nesha so far not one trader who has got a track record for 2 years from FF. Will wait till the 18th of May.

Kind regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #14,464
  • May 9, 2012 6:07am May 9, 2012 6:07am
Quoting BlackWid0w
Well Nesha so far not one trader who has got a track record for 2 years from FF. Will wait till the 18th of May.

Kind regards
BW
Guys pls send us 2y statement so we can discuss it with you. We need good traders to trade with us.
  • #14,465
  • May 9, 2012 6:19am May 9, 2012 6:19am
New LL has been made. 2972 is median point now.
  • #14,466
  • May 9, 2012 8:57am May 9, 2012 8:57am
Quoting T@rantula
My calculations point to 2865 near term. 3085 is major resistance now so for any trade dead stop should be just above it.. Sell on PBs is advised.

For intraday trades 3000-3010 might be a good PB to try short trades.
As planned EU @ 2930 atm
  • #14,467
  • May 9, 2012 1:35pm May 9, 2012 1:35pm
Quoting T@rantula
Guys pls send us 2y statement so we can discuss it with you. We need good traders to trade with us.
The Den will stay alive when you set yourselves up I'm hoping?
  • #14,468
  • May 9, 2012 2:44pm May 9, 2012 2:44pm
Quoting jaylovin
The Den will stay alive when you set yourselves up I'm hoping?
Dont worry J.

The Den will be as much alive as it always has been and will always be FREE

Ill provide as much help as I can as I always did
  • #14,469
  • May 9, 2012 2:53pm May 9, 2012 2:53pm
Quoting T@rantula
Dont worry J.

The Den will be as much alive as it always has been and will always be FREE

Ill provide as much help as I can as I always did
lovely... i will never be a full time trader... just to let you guys know... we are starting to see bullish divergence

1.2913 was a strong level - we bounced at 1.2910... below isn't very attractive for bulls... 1.2850, 1.2818 - also some smaller levels above... if 1.2910 holds we could be heading back up though i feel one more push down...

i personally still won't be trading - no time to concentrate with this movie running...
  • #14,470
  • May 9, 2012 3:08pm May 9, 2012 3:08pm
Quoting jaylovin
l

i personally still won't be trading - no time to concentrate with this movie running...
Take your time mate and when u r ready-STRIKE with full force!
  • #14,471
  • May 10, 2012 2:25am May 10, 2012 2:25am
Hello guys!

Today bearish continuation is expected 2985 is intraday resistance, so stops should be placed just above. EU is targeting 2890 and 2865. Invalidation of 2985 will put us in the range.
  • #14,472
  • May 10, 2012 2:48am May 10, 2012 2:48am
I agree! The other two levels I had were 1.2876 and 1.2896.

Watch 1.2818 in case we spike. But bull divergence still glowing - looking for buys once below 1.29
  • #14,473
  • May 10, 2012 3:17am May 10, 2012 3:17am
Quoting T@rantula
Hello guys!

Today bearish continuation is expected 2985 is intraday resistance, so stops should be placed just above. EU is targeting 2890 and 2865. Invalidation of 2985 will put us in the range.
Quick update of the position per analysis: Classic position trading ( scaling out @ 2944 )

Attached Image (click to enlarge)
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  • #14,474
  • May 10, 2012 3:23am May 10, 2012 3:23am
Good job T. I scalped a little on AU and GU, currently holding short on Gold.

About EU - same place for entry like yours, but on M15 - resistance field:
Attached Image (click to enlarge)
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  • #14,475
  • May 10, 2012 3:25am May 10, 2012 3:25am
same setup like eur:
Attached Image (click to enlarge)
Click to Enlarge Name: goldy.gif Size: 15 KB
  • #14,476
  • May 10, 2012 3:29am May 10, 2012 3:29am
Cable had a setup of the day for me, saw this to late, took only small scalp

(i know setup is gone, but it is good to have something like this in "setup library")
Attached Image (click to enlarge)
Click to Enlarge Name: cable3top.gif Size: 18 KB
  • #14,477
  • May 10, 2012 3:33am May 10, 2012 3:33am
Tensions are rising between Greece and Germany. Market is reacting to situation.

If u ask me, I like when technicals are being respected.
  • #14,478
  • May 10, 2012 4:19am May 10, 2012 4:19am
EU looks like its in accumulation phase @ 2945. EU expected to go more down, thats why I have scaled out just in case it spikes.
  • #14,479
  • May 10, 2012 5:05am May 10, 2012 5:05am
EU testing 2930, next level should be 2911 then 2890.
  • #14,480
  • May 10, 2012 6:04am May 10, 2012 6:04am
cable - cant really understand market reaction now... rate unchanged, other news also same as forecast... wtf...
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