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  • #647,481
  • May 24, 2012 9:53pm May 24, 2012 9:53pm
Anyone think we'll break the "Friday trend" lately and head south as opposed to mini-rally on Friday??
  • #647,482
  • May 24, 2012 9:55pm May 24, 2012 9:55pm
Looking for an hourly close above 2530. T-5 Minutes.
  • #647,483
  • May 24, 2012 10:00pm May 24, 2012 10:00pm
Not sure if it will ever get there, but that looks like a good spot to reshort
  • #647,484
  • Edited 11:50pm May 24, 2012 10:04pm | Edited 11:50pm
Quoting almo
Not sure if it will ever get there, but that looks like a good spot to reshort
I have 2611 as a target with 2600 a minor. One of us will be right.
  • #647,485
  • May 24, 2012 10:06pm May 24, 2012 10:06pm
Quoting Cerber.bf2
End of the week covering plus a not-yet-tested 1.25 psych "should be" a good reasoning to go for a long. Of course, fear/panic can happen anytime. and of course, I'm not a Zeus!
I hope so but the markets are driven purely by sentiment now. When the techies here were screaming for a rally, fundies were also pointing upwards at least 2 days this week to a mini rally which all didn't happen.

Either sentiment is so great that it is holding the market hostage or some other forces at work.


@almo yeah she was. Way more action than the markets provided the entire day. A bigger prize would have been a big 100-200pip move in the markets. Pips over hoes anytime!
  • #647,486
  • May 24, 2012 10:09pm May 24, 2012 10:09pm
Quoting mercy seat
"Asian Session SETUP SURVEY" ... 23h00 CET daily close ...

###

"Asian Session SETUP SURVEY" ... preliminary daily close version ... with telegram text ...

###

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


1.)


2012-05-24_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-21 # A1 ss End Of Day


24 hour probabilities ...


###



This is an advanced skills ZIGZAG + PIVOT SURVEY for experienced traders and user circles...

Sir, I dont understand your chat.Can U please Explain. I am underwater in my long. Any hope of a retracement?
  • #647,487
  • May 24, 2012 10:11pm May 24, 2012 10:11pm
Quoting GreatNorth
Looking for an hourly close above 2530. T-5 Minutes.
Any hope for the bulls?
  • #647,488
  • May 24, 2012 10:15pm May 24, 2012 10:15pm
Quoting exquisite
Sir, I dont understand your chat.Can U please Explain. I am underwater in my long. Any hope of a retracement?
why u long ??
at what price btw ?
  • #647,489
  • May 24, 2012 10:18pm May 24, 2012 10:18pm
Quoting exquisite
Sir, I dont understand your chat.Can U please Explain. I am underwater in my long. Any hope of a retracement?
How deep are you? Bail if you can.

Market sentiment is too strong to go against this time. We had technical bull setups, fundamental bull setups, risk on sentiment but it all failed to push the EUR/USD beyond 2610.

In fact the moment it hit 2610 all the sell orders triggered, shot it back down to 2582 and the rest is history.
  • #647,490
  • May 24, 2012 10:25pm May 24, 2012 10:25pm
hummmm I see north now. So much inaction, plus tomorow is friday.....
Alternatives are more important than the plan itself
  • #647,491
  • May 24, 2012 10:28pm May 24, 2012 10:28pm
Quoting -Melo-
hummmm I see north now. So much inaction, plus tomorow is friday.....
it's already Friday evening
Mohan
  • #647,492
  • May 24, 2012 10:30pm May 24, 2012 10:30pm
Quoting sidhujag
gold broke patttern made lower low bear time
still bear going into london usdx broke support yet gold struggling to break resistance
  • #647,493
  • May 24, 2012 10:30pm May 24, 2012 10:30pm
Quoting mohan76
it's already Friday evening
Only for us time travelling Aussies/Asians
"Don't Panic..."
  • #647,494
  • May 24, 2012 10:34pm May 24, 2012 10:34pm
Quoting dotless
i've been reading this thread for a few days now to learn from you guys.
DO you know what is the most important lesson that I've learnt from here?
Never follow anyone's prediction, sticking to your own fundamentals is the only way to go which is exactly what I will do.
thank you all
Yes lol Happy you realize it so soon.
  • #647,495
  • May 24, 2012 10:39pm May 24, 2012 10:39pm
Do anyone believes that on the Monthly Chart we have a Inverted Head and Soulders Formation?

IS there anyone watching it? Or recognized it?
  • #647,496
  • May 24, 2012 10:42pm May 24, 2012 10:42pm
Quoting Tools
Do anyone believes that on the Monthly Chart we have a Inverted Head and Soulders Formation?

IS there anyone watching it? Or recognized it?
I advice you to only use head and shoulders to wash your head, in that case you would only spend about 6 dollars per bottle.
  • #647,497
  • May 24, 2012 10:43pm May 24, 2012 10:43pm
shall only consider enter long position once 61.8% broke. which is 25384 15M.
400 pips remaining.
  • #647,498
  • May 24, 2012 10:44pm May 24, 2012 10:44pm
Quoting Tools
Do anyone believes that on the Monthly Chart we have a Inverted Head and Soulders Formation?
I'm not an expert on H&S and I don't use them, but from my limited understanding an inverted H&S pattern comes at the bottom of a trend.

The monthly inverted H&S pattern you are seeing is at the top of the monthly trend so consequently, it be would invalid.
  • #647,499
  • May 24, 2012 10:45pm May 24, 2012 10:45pm
Quoting Tools
Do anyone believes that on the Monthly Chart we have a Inverted Head and Soulders Formation?

IS there anyone watching it? Or recognized it?
I think you are right.. the current shoulder match August 4, 2010 shoulder
  • #647,500
  • May 24, 2012 10:46pm May 24, 2012 10:46pm
Morning , so with breaks one cretical level it continues down towards 1.2222> 1.2150 next halt, important levels to care arounds before the station 2448 & 2315.so continues short without interruption .gu & gold also .

Best of your luck .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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