Anybody have the current high for the pre-retail open?
- #668,382
- Jul 15, 2012 11:58am Jul 15, 2012 11:58am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #668,384
- Jul 15, 2012 12:06pm Jul 15, 2012 12:06pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
/thanks
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- #668,392
- Jul 15, 2012 1:02pm Jul 15, 2012 1:02pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
Because we will have to sell immediatelly?
I don't think so ...
First a little bit further up ... then down ...
Immediate range defined by 1.2266 - 1.2277 at the upside ... and 1.2214 - 1.2183 at the downside ...
We can wait and see what the market will give us within some of those precalculated zones at first ...
Market rythm changed a little bit ... overall stance is still bearish on larger time frames ... but some further rebound is anticipated from structures since last "rollover" and end of week no. 28 after last major prices settlemnts ...
Elliottwise it points up on a daily basis ... since last reversal point around 1.2163 ... up towards 1.2268 or even to 1.2323 in case of an extention ...
But on the other hand ... be aware of the old larger structures as well ...
As on those larger structures it is still as follows ...
Elliottwise it points down on a three days basis ... since last weekly reversal point down from around 1.2324 ... down towards 1.2122 or even to below 1.2091 ...
We do always observe from lower time frames structures and do our projections within these observations to the higher time frames ...
Downside might find prop up in 1.2214 - 1.2183 zone for attempts to pop up higher at first ...
Cross of below 1.2158 will dampen the upside again ...
###
In brief ... first up then down (and if hold above 1.2183) then up again ...
That's what we think ...
###
I will post a survey later ...
Meanwhile you can use this one ... as it is based on late Friday rates situation ... in other words not much changed then anymore ...
2012-07-13_21h00 - ZigZag + Pivot Survey _ EURUSD _ Evening _ W-28 # I45 (Text NA)
There is no need to be the first who jump into the market just after Wellington opened ... as well there is never a need to be the last who covers at a FRIDAY prior to week-ends just a few moments before Chicago closes ...
;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #668,393
- Jul 15, 2012 1:05pm Jul 15, 2012 1:05pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #668,396
- Jul 15, 2012 1:12pm Jul 15, 2012 1:12pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #668,398
- Jul 15, 2012 1:57pm Jul 15, 2012 1:57pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
With an ever increasing world population, so many newfound uses for gold, and no access to suprnovae, you'd imagine that gold, free from manipulation, will remain somewhat more in demand than supply
GOLD is "THE Constant". everything else is variable..
- #668,400
- Jul 15, 2012 3:07pm Jul 15, 2012 3:07pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
good morning ,
so quite today let me break the silent
so quite today let me break the silent
Mohan