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  • #654,681
  • Jun 11, 2012 4:04am Jun 11, 2012 4:04am
Quoting Z3iz3i
It is ugly trading right now.

It closed below sell point but other markets are not following yet.

So not sure if this is a dip...waiting game.
agree
  • #654,682
  • Jun 11, 2012 4:05am Jun 11, 2012 4:05am
Quoting Nachiket
i am even not sure whether 1.2625 holds any significance now.

I suppose like a lot of things it depends on the time frame your trading...
  • #654,683
  • Jun 11, 2012 4:08am Jun 11, 2012 4:08am
1st target to fill the gap (red line). I know it is not really a gap but price does have a habit of going back to it and that sets the scene for the momentum move.

2nd Target is 4hr Demand

Hitting a pocket of demand on 5 min chart. Can you see it dance between supply and demand in that area ?

What will be consumed first supply or demand ?
Attached Image (click to enlarge)
Click to Enlarge Name: euro usd targets.gif Size: 24 KB
I need to finish something i started
  • #654,684
  • Jun 11, 2012 4:09am Jun 11, 2012 4:09am
Quoting Z3iz3i
It is ugly trading right now.

It closed below sell point but other markets are not following yet.

So not sure if this is a dip...waiting game.
The "big" sell point to me would be below 75. Still remain bullish until i see it broken for good.

I guess we'll have to wait what NY wants again...
COT: The precious data ignored
  • #654,685
  • Jun 11, 2012 4:16am Jun 11, 2012 4:16am
Quoting kuroro001
The "big" sell point to me would be below 75. Still remain bullish until i see it broken for good.

I guess we'll have to wait what NY wants again...
Yea, can't go wrong with that. But there are no scheduled US news so all crap comes from EU.
They think they are smarter than I am.
  • #654,686
  • Jun 11, 2012 4:16am Jun 11, 2012 4:16am
doesn't look like the market is moving in any direction
  • #654,687
  • Jun 11, 2012 4:18am Jun 11, 2012 4:18am
seems like a dip to me, my both gold and silver positions are closing below the resistance level, lets see whats in store for us.
  • #654,688
  • Jun 11, 2012 4:26am Jun 11, 2012 4:26am
1.2605 attempt second time failed. Lets see third and last attempt.Well 1.2580 is very strong support point anyway.

(not an advice and sorry for grammar)
Its not an advice and sorry for grammar.
  • #654,689
  • Jun 11, 2012 4:27am Jun 11, 2012 4:27am
Quoting undertaker66
doesn't look like the market is moving in any direction
Todays High1.2669
Now 1.2597

no direction? really
  • #654,690
  • Jun 11, 2012 4:31am Jun 11, 2012 4:31am
Quoting Trader88q
Todays High1.2669
Now 1.2597

no direction? really
Lol, love it......thats what i was thinking...... NO DIRECTION !!

Price has to move where the large pockets of buyers or sellers are. It goes from one area to the next or until those buyers or sellers are consumed.
I need to finish something i started
  • #654,691
  • Jun 11, 2012 4:41am Jun 11, 2012 4:41am
smth is happening or just beginning to happen
  • #654,692
  • Jun 11, 2012 4:44am Jun 11, 2012 4:44am
this is my chart man... got a short position... hope its not a false break
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 35 KB
  • #654,693
  • Jun 11, 2012 4:44am Jun 11, 2012 4:44am
Quoting undertaker66
smth is happening Or just beginning to happen
german bond auction results came out.
  • #654,694
  • Jun 11, 2012 4:45am Jun 11, 2012 4:45am
Quoting Nachiket
german bond auction results came out.
this may be a trap.
  • #654,695
  • Jun 11, 2012 4:46am Jun 11, 2012 4:46am
Bounce now, or just die euro!
COT: The precious data ignored
  • #654,696
  • Jun 11, 2012 4:47am Jun 11, 2012 4:47am
Quoting kuroro001
Bounce now, or just die euro!
lets go down now!!!

palim palim~
400 pips remaining.
  • #654,697
  • Jun 11, 2012 4:48am Jun 11, 2012 4:48am
If this week will down to 2400 then next week after elections strong up to 2700.

If this week will unchange in region 2500-2650 then next week after elections strong down to 2400-2300-2200.

If this week wil go up to 2700 then next week will go up to 3000.

3 scenarios. no more i think
  • #654,698
  • Jun 11, 2012 4:48am Jun 11, 2012 4:48am
we can not predict nothing becouse of this morning`s gap.I am like a blind.I want to open position but where! 1.2570 may be. Also european markets are still showing resistance. what happens if they start to fall!

(not an advice sorry for grammar)
Its not an advice and sorry for grammar.
  • #654,699
  • Jun 11, 2012 4:48am Jun 11, 2012 4:48am
It's more blessed to be a bull today than a bear.
  • #654,700
  • Jun 11, 2012 4:48am Jun 11, 2012 4:48am
Looking for 2550 to buy
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