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  • #15,101
  • Edited 4:24am Jun 21, 2012 3:13am | Edited 4:24am
Intraday is down but beware,this looks like part of the retracement.

Generally speaking while 2560-50 holds BULLS are still in charge. Lower intraday support is 2630 and 2635 is LPL. If 2550 is not broken we can still have 2740 and break of 2740 leads to 2800.

MEDIAN: 2675

BULLS: 2686 2992 2997 2707 2716 ( LPH)

BEARS: 2666 2659 2647 2640 2635 ( LPL)
  • #15,102
  • Jun 21, 2012 3:30am Jun 21, 2012 3:30am
If the price closes above 2666 I will possibly go long.
  • #15,103
  • Jun 21, 2012 3:37am Jun 21, 2012 3:37am
There was 100+ pips movement yesterday between 1.2633 to 1.2638 when price fall so some buyers could be active there too...... and just below i have confluence of 61.8 Fib level i am buying this dips if price fall to that level........
Attached Image (click to enlarge)
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  • #15,104
  • Jun 21, 2012 3:54am Jun 21, 2012 3:54am
Look how its struggling to close above 2666.
  • #15,105
  • Jun 21, 2012 3:54am Jun 21, 2012 3:54am
Quoting Munal
There was 100+ pips movement yesterday between 1.2633 to 1.2638 when price fall so some buyers could be active there too...... and just below i have confluence of 61.8 Fib level i am buying this dips if price fall to that level........
yes 2630-40 are IMPORTANT areas.
  • #15,106
  • Jun 21, 2012 4:25am Jun 21, 2012 4:25am
Quoting T@rantula
If the price closes above 2666 I will possibly go long.
Already done.; ) Scalp trade, if intraday trend switches to bullish Ill buy the dip again.
  • #15,107
  • Jun 21, 2012 5:45am Jun 21, 2012 5:45am
While EU is above 2666 buy the dips. Simple as that.
  • #15,108
  • Jun 21, 2012 7:51am Jun 21, 2012 7:51am
Non trading hours for me. Ill wait for 13.30 gmt ( 14.30 London time) and Wall street market open. I dont open any position now as you already know market movements.

For you who dont know I always follow the Market Cycle theory of Price Supply and Demand.

Markup, Distribution, Markdown, Accumulation. That exists only when there is enough liquidity/ momentum. Timing is very important as we trade those cycles during the sessions ( 2 sessions for me- London, NY/LO).
  • #15,109
  • Jun 21, 2012 8:12am Jun 21, 2012 8:12am
This h1 has closed as bearish. Now id like to see a spike up and sell.
  • #15,110
  • Jun 21, 2012 8:31am Jun 21, 2012 8:31am
Quoting T@rantula
This h1 has closed as bearish. Now id like to see a spike up and sell.
Price @ 2648,,,grr.. was waiting for at least 2666 or 70 spike...

Now they will either buy it or continue selling it.
  • #15,111
  • Jun 21, 2012 8:46am Jun 21, 2012 8:46am
Quoting T@rantula
Price @ 2648,,,grr.. was waiting for at least 2666 or 70 spike...

Now they will either buy it or continue selling it.
Well i missed the move....But the analysis was right...
  • #15,112
  • Jun 21, 2012 9:10am Jun 21, 2012 9:10am
2550 will b tested maybe tomorrow. We need to see retrace to continue selling it. 2666 is level to b retested and if is it goes above we can buy.

Spanish news soon, i guess itll provide big volatility.
  • #15,113
  • Jun 22, 2012 12:40am Jun 22, 2012 12:40am
Long 2548.. based mainly on usdx.. 4 hr and year and week pivot at hi and 50% point..also 200% ext rangestop berlow current lo.. 35 from enter actualy
  • #15,114
  • Jun 22, 2012 2:58am Jun 22, 2012 2:58am
Hello guys,

Asian range has been very tight. That indicates BIG accumulation, need to see where it will break out.

I still do not neglect a possibility of UPMOVE, only if 2550 is totally defended.

To the upside 2550 2575 2594 2640

To the downside 2520 2514 2503 2485 2457
  • #15,115
  • Jun 22, 2012 3:10am Jun 22, 2012 3:10am
Morning T.
I was a tourist guide for my relatives yesterday afternoon , so missed the entire move ... Sitting on my hands atm, waiting for setup.
  • #15,116
  • Edited 3:37am Jun 22, 2012 3:26am | Edited 3:37am
Quoting T@rantula
Hello guys,

Asian range has been very tight. That indicates BIG accumulation, need to see where it will break out.

I still do not neglect a possibility of UPMOVE, only if 2550 is totally defended.

To the upside 2550 2575 2594 2640

To the downside 2520 2514 2503 2485 2457
And

1.3032 and 1.3209

What B.S http://www.forexfactory.com/news.php?do=news&id=369746 technically it can go Much higher as well.

It would be an ideal scenario....

Only below 1.2486 would be bearish to 1.22 and even below.
Markets are not Random, they are designed!
  • #15,117
  • Jun 22, 2012 3:39am Jun 22, 2012 3:39am
T.. i know you dont place any belief in volume... but am seeing same patten and volume with euro futur contract..picture 15 mun EUUD
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  • #15,118
  • Jun 22, 2012 3:51am Jun 22, 2012 3:51am
Quoting Raza
And

1.3032 and 1.3209

What B.S http://www.forexfactory.com/news.php?do=news&id=369746 technically it can go Much higher as well.

It would be an ideal scenario....

Only below 1.2486 would be bearish to 1.22 and even below.
I agree Raza, 2485 gives bears real strength, above its pretty fragile.

Quoting danc
T.. i know you dont place any belief in volume... but am seeing same patten and volume with euro futur contract..picture 15 mun EUUD
Futures has volumes and it can b used to get the confirmation of upcoming move.

It looks like it might go up according to that chart...
  • #15,119
  • Edited 4:23am Jun 22, 2012 4:02am | Edited 4:23am
Quoting T@rantula
I agree Raza, 2485 gives bears real strength, above its pretty fragile.



Futures has volumes and it can b used to get the confirmation of upcoming move.

It looks like it might go up according to that chart...
Possibility..

Real support is @ 1.2437 -1.2428

And yet they can confirm Double top.....Who made them Analyst?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: picture#2.png Size: 51 KB
Markets are not Random, they are designed!
  • #15,120
  • Jun 22, 2012 4:23am Jun 22, 2012 4:23am
Quoting Raza
Possibility..

And yet they can confirm Double top.....Who made them Analyst?
Haha, aw well...analysts...what to expect

Good charts, Raza.
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