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EURUSD

  • #646,381
  • May 23, 2012 3:39am May 23, 2012 3:39am
Quoting saqoli
short 2675 sl 2700 tp 2620
again thanks mataf for this great signal!!!!
  • #646,382
  • May 23, 2012 3:41am May 23, 2012 3:41am
Let it consolidate and form a bottom here then we will be right back in ranging territory.
  • #646,383
  • Edited 4:23am May 23, 2012 3:44am | Edited 4:23am
Quoting FXMajor
16 hours ago, I posted the above. EU went pass 2705. Broke out of the expanding triangle and now back tested it.

Now M1 is forming a reversal pattern.. However, the end of down trend is still no where in sight yet. Euro Bund is still pointing up, USD Index is also pointing up. We may have a last leg of a 5 waves Elliott wave to complete.

Attachment
Found a larger expanding triangle(pink lines) encapsulating the expanding triangle(blue lines) I posted earlier. New target is 2580. Not sure will it stop there this time. Another 50 pips to go or more. DAX and S&P future still have much rooms to move down on daily...Forgot to add: Yesterday daily candle bar on DAX and S&P future are both shooting star..

Attached Image (click to enlarge)
Click to Enlarge Name: EU22-5-2012-5.JPG Size: 103 KB
  • #646,384
  • May 23, 2012 3:49am May 23, 2012 3:49am
ok, now eur is doomed
next stop is 1.25
  • #646,385
  • May 23, 2012 3:50am May 23, 2012 3:50am
Quoting FXMajor
Found a larger expanding triangle(pink lines) encapsulating the expanding triangle(blue lines) I posted earlier. New target is 2580. Not sure will it stop there this time. Another 50 pips to go or more. DAX and S&P future still have much rooms to move down on daily...

Attachment
is it Oanda chart?
  • #646,386
  • May 23, 2012 3:52am May 23, 2012 3:52am
Quoting fxkiller
As I warned.. Never ever beleive in Forex, that we have reached the maximum low or the high or the pair is oversold or overbhougt..

I mentioned, below 2640 we will touch 2600 and my pendings got here and now closing with profit and will wait for break of 2600 or retracement

also Gu gone well, as submitted on my thread..
Great Analysis......

Is there any possibility for retracement to 1.2900 levels if it takes support here in nerar term future because it has given sharp retracement?
The Phoenix Trader....
  • #646,387
  • May 23, 2012 3:54am May 23, 2012 3:54am
trading the bounce from 1.262

Attached Image
  • #646,388
  • May 23, 2012 3:55am May 23, 2012 3:55am
Quoting Julian_Ass
is it Oanda chart?
Yes.
  • #646,389
  • May 23, 2012 4:00am May 23, 2012 4:00am
Quoting Johnny Bravo
a little late...should have long from 26158 until there where u long now...risky alot
no very good price...my signal took that
  • #646,390
  • May 23, 2012 4:01am May 23, 2012 4:01am
Quoting Chicky
Ahhhhhhhhhhhhhhhhhh means I feel being raped. Now I don't know where it will form the bottom. Time to hit the bed.
hit the bed at 5 am est
  • #646,391
  • May 23, 2012 4:02am May 23, 2012 4:02am
H1 closed above yesterday's low...something to take into account.
COT: The precious data ignored
  • #646,392
  • May 23, 2012 4:04am May 23, 2012 4:04am
This past week was more or less an annoying consolidation on the daily charts.

What has now begun should be the next big fall that should last the rest of the week. Looking for new lows here.
  • #646,393
  • May 23, 2012 4:05am May 23, 2012 4:05am
Quoting mv6
e/u sell 2775 sl 2835 tp 2625
closed by tp +150p
More on my Blog...
  • #646,394
  • May 23, 2012 4:08am May 23, 2012 4:08am
Press report: ECB sets up task force to deal with possible worsening of the Greek crisis.
  • #646,395
  • May 23, 2012 4:08am May 23, 2012 4:08am
Quoting kuroro001
H1 closed above yesterday's low...something to take into account.
nice pin bar..

we have set new yearly low....
Patience, Emotion Control and Discipline.
  • #646,396
  • May 23, 2012 4:14am May 23, 2012 4:14am
Quoting johncen
nice pin bar..

we have set new yearly low....
One thing for sure is it won't set a new low without testing it again at some stage soon. I'm looking at 2710 to enter my short and I shall be adding should we track back up to 28 (unlikely)
  • #646,397
  • May 23, 2012 4:21am May 23, 2012 4:21am
Quoting FXConveyor
One thing for sure is it won't set a new low without testing it again at some stage soon. I'm looking at 2710 to enter my short and I shall be adding should we track back up to 28 (unlikely)
the beginning of London seems a prefect entry for now..
all ladies at resists and then rejected n fall...
nicely done...but I stayed sideline...now we set new low...

if we bounce up 2718 may offer some resist
Patience, Emotion Control and Discipline.
  • #646,398
  • May 23, 2012 4:21am May 23, 2012 4:21am
things slowing down a bit
need a drop now to test 15 again
will short below 37
Trade What You See Not What You Want To See
  • #646,399
  • May 23, 2012 4:23am May 23, 2012 4:23am
Quoting johncen
nice pin bar..

we have set new yearly low....
Indeed. It should have triggered loads of stops down there.
I'll closely watch this daily close then.
COT: The precious data ignored
  • #646,400
  • May 23, 2012 4:24am May 23, 2012 4:24am
Hello everyone

long time i havnt been here...

whats up mates?

who is still shorting this pair with me?
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