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  • #644,841
  • May 18, 2012 1:31pm May 18, 2012 1:31pm
watch 30m, 8EMA as well, it has held the whole move so far and we just bounced off of it. but this seems like the end to me
Attached Image (click to enlarge)
Click to Enlarge Name: eurochart3.jpg Size: 238 KB
An opportunity lost is not a capital cost.
  • #644,842
  • May 18, 2012 1:37pm May 18, 2012 1:37pm
Quoting BFSGcapital
watch 30m, 8EMA as well, it has held the whole move so far and we just bounced off of it. but this seems like the end to me
we still have to wait for the G8 summit news for direction
  • #644,843
  • May 18, 2012 1:55pm May 18, 2012 1:55pm
great push from eu on 1H chart.. omg
  • #644,844
  • May 18, 2012 2:03pm May 18, 2012 2:03pm
bull trap is what it looks like to me on that spike
  • #644,845
  • May 18, 2012 2:06pm May 18, 2012 2:06pm
Quoting kuroro001
It'll break up next week.
There was a reversal at the bottom...and now it's being accumulated at the top.
It may dip below 1,2700 who knows...but next target is 1,279x and maybe 1,284x before doing its next move (up or down)
It broke up earlier than expected...good
COT: The precious data ignored
  • #644,846
  • May 18, 2012 2:06pm May 18, 2012 2:06pm
MAJOR BULL TRAP!
  • #644,847
  • May 18, 2012 2:07pm May 18, 2012 2:07pm
that should clear heaps of shorts SL!
  • #644,848
  • May 18, 2012 2:07pm May 18, 2012 2:07pm
Quoting mv6
sl -20p

e/u sell 2715 sl 2745 tp 2625
sl -30p
More on my Blog...
  • #644,849
  • May 18, 2012 2:09pm May 18, 2012 2:09pm
Quoting mv6
e/u sell 2711 sl 2746 tp 2631
sl -30p

have a nice weekend and see you in next week
More on my Blog...
  • #644,850
  • May 18, 2012 2:09pm May 18, 2012 2:09pm
Shaking out all the weak shorts big time
  • #644,851
  • May 18, 2012 2:10pm May 18, 2012 2:10pm
Now it break out 642 and up 1.3xx for 2 weeks?
  • #644,852
  • May 18, 2012 2:11pm May 18, 2012 2:11pm
dammnn

need some advice here...
why EU suddenly jump up ahead?

i still have my short position floating
  • #644,853
  • May 18, 2012 2:11pm May 18, 2012 2:11pm
Quoting Kidman
Now it break out 642 and up 1.3xx for 2 weeks?
Wouldnt hold breath. Spikes usually best to short opportunity in a down trending market
  • #644,854
  • May 18, 2012 2:12pm May 18, 2012 2:12pm
Quoting todstars2
MAJOR BULL TRAP!
Could be. Very unusual, and a lot of selling on the 5 min. Would like to see where it closes on the 1hr though. Preferred close would be below 2750
  • #644,855
  • May 18, 2012 2:12pm May 18, 2012 2:12pm
Short, why? Orange line exhaustion almost never happens 2778
Attached Image (click to enlarge)
Click to Enlarge Name: eurochart3.jpg Size: 236 KB
An opportunity lost is not a capital cost.
  • #644,856
  • May 18, 2012 2:13pm May 18, 2012 2:13pm
be careful because on the daily we have an outside bar.. maybe it's the signal that some bulls are back?
  • #644,857
  • May 18, 2012 2:13pm May 18, 2012 2:13pm
Quoting BFSGcapital
Short, why? Orange line exhaustion almost never happens 2778

there is obama , merckel, new frensh President meeting in the weekend, a big gap is possible on next week opening
  • #644,858
  • May 18, 2012 2:14pm May 18, 2012 2:14pm
Quoting jajano
dammnn

need some advice here...
why EU suddenly jump up ahead?

i still have my short position floating
covering of shorts positions.
  • #644,859
  • May 18, 2012 2:15pm May 18, 2012 2:15pm
Quoting BFSGcapital
Short, why? Orange line exhaustion almost never happens 2778
Fear is a stronger emotion.
  • #644,860
  • May 18, 2012 2:15pm May 18, 2012 2:15pm
Previous bar on 1HR TF closed above two daily tops, that indicates further north move
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