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  • #663,541
  • Jun 29, 2012 3:49pm Jun 29, 2012 3:49pm
This thing REALLY doesn't want to go down lol. Never seen anything like it, usually big moves like this have a fairly big retrace, but this time it just keeps going up!

Going for a small long on the euro to hold over the weekend, see what happens.
  • #663,542
  • Jun 29, 2012 3:56pm Jun 29, 2012 3:56pm
watch out you guys ... so your not gonna blow your demo accounts
StopLoss is for none belivers... Trust the Gurus..
  • #663,543
  • Edited 4:15pm Jun 29, 2012 4:00pm | Edited 4:15pm
Previous support potential resistance.
http://www.forex-fx-4x.com/wp-conten...ekly-chart.png
  • #663,544
  • Jun 29, 2012 4:04pm Jun 29, 2012 4:04pm
Ha dw I used only mini lots.

Looking good though, +24 pip surge right before the close. Not even a hint of profit taking, this suggests strong hands want to hold into the weekend. I'd expect a gap up on monday, maybe profit taking til then.
  • #663,545
  • Jun 29, 2012 4:29pm Jun 29, 2012 4:29pm
Sneaky market........kill all shorts then .... Short it
cya next week
  • #663,546
  • Jun 29, 2012 4:39pm Jun 29, 2012 4:39pm
if current level holds next week, hello 1.29xx.
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 35 KB
As Above, So Below
  • #663,547
  • Jun 29, 2012 4:54pm Jun 29, 2012 4:54pm
Quoting egkid
Sneaky market........kill all shorts then .... Short it
cya next week
Agree %100.
Egyptians all the way
  • #663,548
  • Edited Jun 30, 2012 6:07am Jun 29, 2012 10:20pm | Edited Jun 30, 2012 6:07am
http://wahai.com/bullishweeks.png


D1

http://wahai.com/upaway.png

USD VS EURO

http://wahai.com/eurousdflex.png
Attached File(s)
File Type: zip bndled.zip   355 KB | 275 downloads
Patience Pays
  • #663,549
  • Jun 29, 2012 10:58pm Jun 29, 2012 10:58pm
Quoting fxprocessor
Previous support potential resistance.
http://www.forex-fx-4x.com/wp-conten...ekly-chart.png
Cool, looking on the weekly chart, its calling to build buy on dip on every weekly's low. Euro is still very fundamental, but technical is calling for the upside from my understanding to candlestick patterns.

the weekly touches lower boilinger band@ 1.2400-1.2440 area, and bounced.
  • #663,550
  • Edited 7:49am Jun 30, 2012 7:39am | Edited 7:49am
Quoting 5percent
Cool, looking on the weekly chart, its calling to build buy on dip on every weekly's low. Euro is still very fundamental, but technical is calling for the upside from my understanding to candlestick patterns.

the weekly touches lower boilinger band@ 1.2400-1.2440 area, and bounced.
Wouldn't this be considered a down channel? It looks like one from the peak. If so, and it breaks to the upside, it's going to bounce big

Just read a 12% short increase in the EURO as of Friday according to the CME. Another possible squeeze monday? Even more so if mediocre to good news breaks out this weekend.
  • #663,551
  • Jun 30, 2012 8:58am Jun 30, 2012 8:58am
Quoting mercy seat
2012-06-29_16h00 - ZigZag + Pivot Survey _ EURUSD _ Afternoon _ W-26 # AL49 (Text DE)


Technical survey EUR/USD 16h00 CET ...







;-|
Great job!
  • #663,552
  • Jun 30, 2012 9:37am Jun 30, 2012 9:37am
I'm involved with a online community in facebook related with forex discussion. On that community I've found a guy talking like he found holy grail.. lolz
Let me show you a simple example of how he talks.

Quote
So guys passed a successful week with you.. and also thank you to my creator who gives me the power to rule the forex market......
so what do you think about the coming week.............???
1. profitable or
2.loss......
and also thank you very much indeed who are always supporting me and follow me.......................

What do you think, is he confidence or overconfidence... Actually I think his Honeymoon period isn't over yet... He talks like (Earning 5% a month is a LOL)..
So guys, I want to have your opinion... What to tell him when he talks like this ..
  • #663,553
  • Jun 30, 2012 9:46am Jun 30, 2012 9:46am
Quoting Rasif
I'm involved with a online community in facebook related with forex discussion. On that community I've found a guy talking like he found holy grail.. lolz
Let me show you a simple example of how he talks.



What do you think, is he confidence or overconfidence... Actually I think his Honeymoon period isn't over yet... He talks like (Earning 5% a month is a LOL)..
So guys, I want to have your opinion... What to tell him when he talks like this ..
you are that guy?
  • #663,554
  • Jun 30, 2012 9:47am Jun 30, 2012 9:47am
Quoting Crownprince
you are that guy?
No my dear...
  • #663,555
  • Jun 30, 2012 11:02am Jun 30, 2012 11:02am
Is it mprc stuff ?, well, I am one of the members of the group/ MPRC LIBRARY and I know that he would laugh at 5 or even 25 percents per month...

He uses no indicators, just marking the lines m w d h4 h1. He knows when Big player kicks in to move the market ...

Quoting Rasif
No my dear...
Patience Pays
  • #663,556
  • Jun 30, 2012 11:48am Jun 30, 2012 11:48am
Quoting fdjauzak
Is it mprc stuff ?, well, I am one of the members of the group/ MPRC LIBRARY and I know that he would laugh at 5 or even 25 percents per month...

He uses no indicators, just marking the lines m w d h4 h1. He knows when Big player kicks in to move the market ...
No, this isn't MPRC Library group. Actually a member of our facebook forex's group quote such nonsense type posting. He thinks that he has the ability to rule the forex market... lolz
Anyway, I also don't use much indicator, Just MACD, Trendline, Horizontal support and resistance and some MA if needed.
You can check my trading setup at my blog also
  • #663,557
  • Jun 30, 2012 11:52am Jun 30, 2012 11:52am
Quoting Rasif
Actually a member of our facebook forex's group quote such nonsense type posting. He thinks that he has the ability to rule the forex market... lolz
Then let him produce a live bank statement. Maybe he´s the real deal after all.
  • #663,558
  • Jun 30, 2012 11:54am Jun 30, 2012 11:54am
Quoting Myo
Then let him produce a live bank statement. Maybe he´s the real deal after all.
lolz..
  • #663,559
  • Jun 30, 2012 12:12pm Jun 30, 2012 12:12pm
Good day this is my review for the Friday's action: The EUR/USD soared aggressively on yesterday's session after a prolonged divergence formation and a test on the lower Bollinger Band.

For those who followed the Euro action trade, know we were expecting some reaction and took profits on Thursday, the pair soared on Friday but we were prepared with a stop loss for the rest of position right above the upper trigger channel line, pretty much at break even for those last lots.

Daily chart with my view below:

http://2.bp.blogspot.com/-mgo_wuQiqV...06-29+-+02.gif

For the 4 hourly chart on Friday's ending session, a couple closes above the 200 EMA and a strong break upside the support (red line at 1.2522) indicating a technical uptrend on this time frame.

I believe the 1.2740 is still the closest resistance level and price may find some hard time passing through it.
  • #663,560
  • Jun 30, 2012 12:16pm Jun 30, 2012 12:16pm
Quoting Bosphorus
German parliament passed ESM.
Thats great.. if we get a close above 127.45 than we are heading for a gap fill in 130.75 area..
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