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EURUSD

  • #678,821
  • Aug 10, 2012 10:27am Aug 10, 2012 10:27am
Quoting pino2
EUR should visit 1.2260 area again, while GBP should visit 1.5605 area - 1hr chart.
yes ... I will not be surprised to see 2260 today .. but London pulled up before the weekend... do not know..now take no position today..
  • #678,822
  • Aug 10, 2012 10:28am Aug 10, 2012 10:28am
wondering if Federal Budget Balance could boost it abit?
How to Win at Sports Betting: DON'T DO IT!
  • #678,823
  • Aug 10, 2012 10:28am Aug 10, 2012 10:28am
I started to loose hope but this surprising move eventually confirmed the end of C correction , i think next week we are bullish, there is also a bullish divergence
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  • #678,824
  • Aug 10, 2012 10:31am Aug 10, 2012 10:31am
Quoting Goldflake
Bears are in control but i feel this will go up with pound for sometime. Trying a small long here at 2250 level.
That is what happened and continue to test upper 1.23XX levels before Monday NY open.
When Scalpers win, I lose and Vice varsa...
  • #678,825
  • Aug 10, 2012 10:33am Aug 10, 2012 10:33am
Quoting Vtmn
wondering if Federal Budget Balance could boost it abit?
You are right...we will get the answer in about 30 min.
  • #678,826
  • Aug 10, 2012 10:37am Aug 10, 2012 10:37am
Quoting PF-Trader
You are right...we will get the answer in about 30 min.
still have my shorts open

3x s @1.2312 & 2x s @1.2302 with tight sl
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  • #678,827
  • Aug 10, 2012 10:41am Aug 10, 2012 10:41am
Short was right
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  • #678,828
  • Aug 10, 2012 10:42am Aug 10, 2012 10:42am
Quoting droox
I started to loose hope but this surprising move eventually confirmed the end of C correction , i think next week we are bullish, there is also a bullish divergence
Until it goes lower and you see it is a 5 wave main trend, not a ABC 3 wave correction.

What divergence, timeframe, indicator - Dtosc?
  • #678,829
  • Aug 10, 2012 10:46am Aug 10, 2012 10:46am
Quoting Vtmn
still have my shorts open

3x s @1.2312 & 2x s @1.2302 with tight sl
I only trade 1M Tframes but looking on the forecast seems that you are moving on the right direction. good luck
  • #678,830
  • Aug 10, 2012 10:47am Aug 10, 2012 10:47am
I don't know about you guys but daily looks bearish to me. I guess we'll have to wait and see!
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A 1 pip gain is better than a 1 pip loss.
  • #678,831
  • Aug 10, 2012 10:50am Aug 10, 2012 10:50am
Quoting Pair-me-up
I am no expert... As I still consider my self a novice at Forex until I am financial wealthy from trading it. Nevertheless. I noticed that on the 15 minute chart, that when it was going down, it kept bouncing of of major support 1.22302 When it finally broke through for a test, it formed a hammer with a big fat head.. Kind of like the hammer Thor uses.. lol Then it just shot back through and seemed to be like.. I am tired of trying to break through 1.22602. Anyways, just my two cents.

On the daily, if there are no fundies to influence it, it looks...
Easy peasy ...

We did plan that move down ...

Move down had been done ... then we were aware that we are in end of downmove situation ... pattern was a falling wedge triangle in a still valid downtrend until that major support ...

When a major move has been done and over and out ... then it doesn't want to go lower ...

What doesn't go down ... that will go up again ...

Pretty normal thing ...

###

WYSIWYG ... over and out ...

Zack Peng ... A REVERSO and green pips again ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #678,832
  • Aug 10, 2012 10:54am Aug 10, 2012 10:54am
Quoting aeternum
I don't know about you guys but daily looks bearish to me. I guess we'll have to wait and see!
The big boys already should be informed about the numbers beeing published in +/- 10 min. since hours. Have a look on the recent, inexpected up-move.

Take care...trading on friday afternoon
  • #678,833
  • Aug 10, 2012 11:03am Aug 10, 2012 11:03am
4:am time to sleep , closed my last trade for +1 pip , pair might move last hour of ny session , looks out of stream now and no one interested

Have a great weekend
Mohan
  • #678,834
  • Aug 10, 2012 11:06am Aug 10, 2012 11:06am
8pm..

getting ready for the weekend
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  • #678,835
  • Aug 10, 2012 11:06am Aug 10, 2012 11:06am
Today, we had a butterfly buy pattern on the 5 min chart, which worked out perfectly.
  • #678,836
  • Aug 10, 2012 11:06am Aug 10, 2012 11:06am
Quoting aeternum
I don't know about you guys but daily looks bearish to me. I guess we'll have to wait and see!
Jooh ... of course ... market will plug out within three hours ...

Nobody who is really taking care for his business with a serious stance will start to take any big deal at this point of time just 180 minutes before the market will see its End of Day and End of Week rates ...

Anyway ... yes ... wait and see for next week is best ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #678,837
  • Aug 10, 2012 11:06am Aug 10, 2012 11:06am
It more like, while we retailers waited for the last 24 hrs this fat fingers just worked their half an hour and went home or else,, bastartts
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #678,838
  • Aug 10, 2012 11:07am Aug 10, 2012 11:07am
Quoting mohan76
4:am time to sleep , closed my last trade for +1 pip , pair might move last hour of ny session , looks out of stream now and no one interested

Have a great weekend
Have a good night m. - I will try to collect my 10p before closing...
  • #678,839
  • Aug 10, 2012 11:10am Aug 10, 2012 11:10am
Hmmmm good info to ponder upon. I need to work on my of my patterns. Also, how do you tell the difference between major and minor support? And What time frame did you see that falling wedge?

I will try to learn some more from your posts.
Luck has no place in trading. Leave that for the poker table.
  • #678,840
  • Aug 10, 2012 11:19am Aug 10, 2012 11:19am
It looks like we reached the bottom of the channel on the daily view, and the candles wasn't left the channel. Maybe we (I) can aim the 1,25-1,255 zone for the next week. Sorry for the poor image.
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Bear the bull's consequence...
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