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EURUSD

  • #660,521
  • Jun 21, 2012 7:32am Jun 21, 2012 7:32am
eu going up slowly now
Sometimes it's better to be wrong,to learn..
  • #660,522
  • Jun 21, 2012 7:33am Jun 21, 2012 7:33am
When market becomes more crazy, I use fibo tools.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #660,523
  • Jun 21, 2012 7:34am Jun 21, 2012 7:34am
Quoting undertaker66
why is that 1 262 point that important?
Because of that.
But it should go down if this H1 closes below 1,2665 to me.

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-06-21_1429.png Size: 52 KB


EDIT : i just forgot there was a US news...it can fuck things up
COT: The precious data ignored
  • #660,524
  • Jun 21, 2012 7:34am Jun 21, 2012 7:34am
Quoting undertaker66
why is that 1 262 point that important?
Its the daily PP
  • #660,525
  • Jun 21, 2012 7:34am Jun 21, 2012 7:34am
Quoting mohan76
can we start new QE hope ?
Please feel free to. I know I have bought. The markets are so delusional about QE that they are going to buy into any bad US news, profit from their illusions and profit from their reality!
  • #660,526
  • Jun 21, 2012 7:36am Jun 21, 2012 7:36am
Quoting Crassius
Its the daily PP
it's what????????????? s1?
  • #660,527
  • Jun 21, 2012 7:37am Jun 21, 2012 7:37am
Quoting undertaker66
it's what????????????? s1?
1.2661 is Daily Pivot Point (Bid)
  • #660,528
  • Jun 21, 2012 7:38am Jun 21, 2012 7:38am
Quoting Crassius
1.2661 is Daily Pivot Point (Bid)
2683 is DP
http://www.forexticket.co.uk/en/tools/03-01-pivot-point

and on my chart it is 2692
  • #660,529
  • Jun 21, 2012 7:40am Jun 21, 2012 7:40am
Scalped 20 pips off the news and leaving the 2nd long to BE+1 for a free trade.
  • #660,530
  • Jun 21, 2012 7:40am Jun 21, 2012 7:40am
Watching the 1H EUR chart... Traders have been undecided for the last two days.
  • #660,531
  • Jun 21, 2012 7:41am Jun 21, 2012 7:41am
Quoting Esssex
Scalped 20 pips off the news and leaving the 2nd long to BE+1 for a free trade.
That's great, am waiting entry scalp long after 3min.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #660,532
  • Jun 21, 2012 7:44am Jun 21, 2012 7:44am
look at 4hr, its like ..

i hope to see 1.28 and 1.2590, so its easier to know a direction. This hours, market can fly up and fly down, in this kind of RSI range. in 1hr and 15-30min later we should see some direction.
  • #660,533
  • Jun 21, 2012 7:46am Jun 21, 2012 7:46am
Quoting 5percent
look at 4hr, its like ..

i hope to see 1.28 and 1.2590, so its easier to know a direction. This hours, market can fly up and fly down, in this kind of RSI range. in 1hr and 15-30min later we should see some direction.
Yes, Daily RSI mixed.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #660,534
  • Jun 21, 2012 7:46am Jun 21, 2012 7:46am
Quoting undertaker66
2683 is DP
http://www.forexticket.co.uk/en/tools/03-01-pivot-point

and on my chart it is 2692
Where the pivot point lies depends on wher you open and close your daily candle.

Most analysts use 5PM to 5PM EST. ON that session template the daily Pivot point s 1.2661 (Bid)...

The pivot point you reference is most likely closing the daily candle at 12 GMT.
  • #660,535
  • Jun 21, 2012 7:47am Jun 21, 2012 7:47am
Freaky tight markets.. are we headed 1.28 or 1.25?

  • #660,536
  • Jun 21, 2012 7:48am Jun 21, 2012 7:48am
Quoting Crassius
Where the pivot point lies depends on wher you open and close your daily candle.

Most analysts use 5PM to 5PM EST. ON that session template the daily Pivot point s 1.2661 (Bid)...

The pivot point you reference is most likely closing the daily candle at 12 GMT.
what? shouldnt there be 0 gmt used for calculations?

http://www.forexticket.co.uk/en/tools/03-01-pivot-point
Calculate pivot points for time zone GMT 0 <-----------
  • #660,537
  • Jun 21, 2012 7:49am Jun 21, 2012 7:49am
took 2 scalps 20 pips each.. but still waiting for 1.2500 like big falling knives..
  • #660,538
  • Jun 21, 2012 7:49am Jun 21, 2012 7:49am
If you can't scalp, my suggestion is sit today out.
  • #660,539
  • Jun 21, 2012 7:50am Jun 21, 2012 7:50am
Quoting Crassius
Where the pivot point lies depends on wher you open and close your daily candle.

Most analysts use 5PM to 5PM EST. ON that session template the daily Pivot point s 1.2661 (Bid)...

The pivot point you reference is most likely closing the daily candle at 12 GMT.
gmt Pivot is 2686 , must be some other close ,


today EU lost sync with dax and bod market
Mohan
  • #660,540
  • Jun 21, 2012 7:51am Jun 21, 2012 7:51am
Quoting kuroro001
It can't H1 close above 1,2690.
Targeting 1,262x and 1,259x
I may have cried out lout too early.
It will depend if H1 close below 1,2665 or not.
COT: The precious data ignored
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