EURUSD

OK

How much draw-down already?

best one mate, that made my day

Since yesterday aprox. 24 hours ago we did observe this small "diamond rhomb" ...

2012-08-14_12h24 - NetDania _ EURUSD _ 120min _ W-33 _ barchart + TL

Which is most widespread known as being a trendreversal pattern also ...





;-|

Peak happened to be R1 confluent with falling trendline

Of course just bounced off of 2349 confluent with 15m BB bottom

Speculation so far has played out perfectly, now we just need a big down move to test the rising channel confluent with 2240/60 area, which is where we should see serious buying if this "bull" has a good chance of continuing.

The falling trend line it has been rejected by was drawn from 1.3280 (the source of the last big down wave) to the 2nd attempt at 2440, not the 1st attempt.

what??????

now we have 2 new player for forex market , place you bet on one of them

http://2.bp.blogspot.com/-uRyTLiHjYe...cat+vs+dog.jpg

mercy !!

loooooooooong time no see,hear,feel,smell ...

Long Cat. Always falls back on his feet...

this chart is telling what i wanna say

sl adjusted to above 363

Phanti' min Jong ...

USDX shows some weakness of bull..
if we cn get across where the arrow pointing...

EU 1.2325 should be key if bear wants to come back...

Nothing complicated.

POSITION ANALYSIS: Based on Daily Analysis

BUY: 1.2265 SL: 1.2255 T.P.: 1.2380, 1.2439, 1.2691
i) 2R/R = 20/115 = 1 : 5.75
ii) DownTrendline Support 1.2262.
iii) Friday candle is a Doji, we crossed the Downtrend Line Support of Last week and rallied up sharply.

POSITION ACCEPTABLE

BUY: 1.2240 SL: 1.2232 TP.: 1.2290, 1.2380, 1.2439
i) 2R/R = 16/50 = 1 : 3.12
ii) 1.2240 is a major Level.
iii) 1.2240 is the LOW from Last week, acts as a control level for moves down or up.

POSITION ACCEPTABLE

SELL: 1.2231 SL: 1.2269 T.P.: 1.2041, 1.1915, 1.1875
i) 2R/R = 76/190 = 1 : 2.5
ii) 1.2240 is a control Level.
iii) Trend Remains Down if we cross this level.
iv) Doble Top formation.
Note: Even though the RRR is not in-line, we will still accept this position because the reasons are stacked up for this position and the Larger Trend is DOWN, this position is a possible conversion to Weekly/Monthly levels. NOT ADVISED for BEGINNERS, here it will be a MM and partial Profits at correct levels play.

POSITION ACCEPTABLE

SELL: 1.2379 SL: 1.2415 T.P.: 1.2240, 1.2166, 1.2041.
i) 2R/R = 72/139 = 1 : 1.93
ii) 1.2383 is 50 SMA resistance.
iii) 1.2389 is a FIB resistance.

POSITION REJECTED: RR NOT IN FAVOR

SELL: 1.2435 SL: 1.2457 T.P.: 1.2240, 1.2166, 1.2041
i) 2R/R = 44/139 = 1 : 4.43
ii) 1.2440 is a Control Level, forms the top in DOUBLE TOP formation.
iii) 1.2443 is a FIB resistance.

POSITION ACCEPTABLE

BUY: 1.2452 SL: 1.2427 TP.: 1.2600, 1.2691, 1.2725, 1.2855, 1.29
i) 2R/R = 50/148 = 1: 3(2.96 Rounded up)
ii) 1.2240 is a major Level, if crossed we can see an upside.
iii) 1.244x is the HIGH from Last week, acts as a control level for moves down or up.
iv) DOJI formation on Friday.

POSITION ACCEPTABLE

—————————————————————————————————

POSITION ANALYSIS: Based on Week Analysis:

SELL: 1.2411 SL: 1.2454 T.P.: 1.2240, 1.2130, 1.1915, 1.1875
i) 2R/R = 86/171 = 1 : 2
ii) Resistance level 1.2411, Trendline Resistance.
iii) The overall trend remains down, Double Top formation @ 1.2442.

POSITION REJECTED: RR NOT SUPPORTIVE

SELL: 1.2320 SL: 1.2343 T.P.: 1.2242, 1.2130
i) 2R/R = 46/78 = 1 : 1.7
ii) 1.2329 is a FIB resistance.
iii) 1.2323 – 1.2332, was a failure level for Bulls for two weeks before NFP.

POSITION REJECTED: RR NOT SUPPORTIVE

BUY: 1.2210 SL: 1.2194 T.P.: 1.2380, 1.2420, 1.2640
i) 2R/R = 64/170 = 1 : 2.65
ii) We had a reversal sign in the NFP week.
iii) 1.2210 is Down Channel Support.

POSITION REJECTED: RR NOT SUPPORTIVE

—————————————————————————————–
Disclaimer:
These are not suggestions for Live trades.
Any loss/profit from the above are solely your responsibility.
——————————————————————————————


Please note I am not and will never sell any signals.

Agreed 2315/30 is an important area for bulls otherwise its 2240/60 again

Thanks for the chart.

no Bulls V bears anymore ??

Hi Jonas,


Ausbildung fertig?

Hoffe, dass es Dir gut geht :-)



means:


How are you? LOL

Hi guys,


EUR/USD outlook.

Seb

PS< More on my blog.

Need a close below 2349 as attila so astutely pointed out yesterday.

last 15m bounced right before close and we didn't get it

we are going down TP 30