EURUSD

drop sell buy ,then sell to break major tl

next month bye bye major tl

http://t.co/Owi0AEzu
http://t.co/qzfmtPbp

i am bullish, unless G8 screwed up.

I am not a fan of lines out of nowhere but this is fun....

http://www.forexfactory.com/showthre...29#post5680329

http://s16.postimage.org/mmgm7cjqt/whos_your_daddy.gif
adult image hosting

Is it finally bottomed out?

well the bounce did happen and it took us to the last few hours in friday before it occured . i m very glad as i took only long trades last week and i did lose a bit before it turned in my fever . i m looking for 3 waves correction to the upside next week to take us to 1.3080 area . nothing goes in a straight line buy at support sell resistance .

"Asian Session SETUP SURVEY" ... 23h00 CET daily reopen ...

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"Asian Session SETUP SURVEY" ... final reopen version ... with telegram text ...

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TABLE with ZIGZAG + PIVOT SURVEY for the EUR/USD pair:


1.)


2012-05-18_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-21 # A1 ss Day Ahead


24 hour probabilities ...


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This is an advanced skills ZIGZAG + PIVOT SURVEY for experienced traders and user circles of strategy development who are concerned with suitable methods of successfully trading by the use of appropriate strategies.

(UPDATE 23h00 CET) Ausblick:

This is what we have got to work with for the trading sessions ahead and the period remaining until the end of Monday & Week No. 21 ...

Text and preliminary strategies as shown in the TABLE further hints will be (maybe) mentioned later ...





palim palim





;-|

http://1.bp.blogspot.com/-Ok3QcJLX0B...ly-EURUSD1.JPG

On the weekly time frame we see that EUR/USD closed right at the weekly trendline (respected it). However, it is unclear how strong the support from the weekly trendline (low from June 2010 and January 2012) will be during the next weeks.


http://3.bp.blogspot.com/-nxzqNaADR_...4h-eurusd2.JPG On the 4 hour chart EUR/USD strongly bounced back from the support zone at 1.2641 (EUR/USD Market Update 17.05.12 -A-) and in the following EUR/USD moved up to each resistance level (EUR/USD Market Update 18.05.12), toched it (respected it) and broke each resistance level in the beginning of the succeeding 4-hour candle (Timing) (see also 5 min chart below). Finally, EUR/USD moved up to the weekly trend line (orange line) and found resistance there, also due to the 61.80 % fib retracement of the recent swing down at about 1.2783, daily R2 and the 100 % fib extension from the recent swing up from 1.2641 to b at c at about 1.2790 (see 5 min chart).

http://2.bp.blogspot.com/-DRfdj8XD5c...n-eurusd11.JPG

On the 5 min chart, we see that all three breakout candles occured in the beginning of the succeeding 4 hour candle (12, 4 p.m. 8 p.m. Timing) after each prior 4 hour candle touched the resistance level. The breakout of the breakout candle 2 did not get confirmed on the 5 min chart (EUR/USD Market Update 18.05.12 -A-) so that in the following price moved back in the consolidation. Another nice three wave consolidation took place before the next breakout occured. Finally, EUR/USD closed around the weekly trendline.

http://forex-chartanalysis.blogspot.de/

Now we tend to express it as follows:

http://www.forexfactory.com/images/m...llish_firm.gif

Engulfing pattern (18-05-2012) has been triggered. For now it may try further upside above 1.2786 - 1.2827. Entry keys around 1.2735 / 09 zone. Stops @ below 1.2680 ...

2012-05-18_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-21 # A1 ss Day Ahead

If short lived upside or not, that is too early to say now ...

But looks likely to be capped at the moment ...

Especially while it remains capped below 1.2827 - 1.2838 key-zone at first ...

Major risk is still at the downside then ...





;-|

Closest low point is 1.26251.

using a tandem trade combining the eur/usd with the aud/usd as an average we are in a solid downtrend as noted by the extreme lows recorded over the last 5 days.

-------------- EUR---- AUD
5/14 2.27700 1.28155 .99545
5/15 2.26418 1.27213 .99205
5/16 2.25499 1.26806 .98693
5/17 2.25437 1.26613 .98824
5/18 2.24365 1.26419 .97946

2.24861 is the turning point for the average.

we at bones FX (uk) feel up then down ,over and out

first target passed and i am waiting for second one by moving SL to BE - according to fibo nodes best place for getting short will be 1.2963 that is also last week's pivot otherwise i will wait to see greece 's mad game

so we will start the new week with long .. 1.3150 ?

Don't know if anyone has posted this yet, but it looks potentially very significant to me.

http://www.thedailymash.co.uk/news/i...-2012051527146

it is just about a possible scenario- and for me it is is a good entering point for long tem short again

Reminds me:

http://joke-mfh.kitt.net/spidermoney.gif

I think nothing will happens until June 17th( I meant this for bullish market). We will some downgrades next week and the EURUSD will be under 1.2600 in the end of the week. I cant imagine what kind of fundamental new can turn the markets to north.

Right cheers