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  • #684,961
  • Aug 28, 2012 5:44am Aug 28, 2012 5:44am
Quoting kibescorp
Price has shot up at an 85 degree angle in the last three hours (at least that's how it looks on hourly).
Yes imo this means potential of follow through is high, but price will take a breather.

Offers at 2590/00
Be hopeful in a winning position, and fearful in a losing position.
  • #684,962
  • Aug 28, 2012 5:44am Aug 28, 2012 5:44am
Quoting mohan76
EU/au @ mayor resistant (last double top) waiting for break , GBP/EURO near double top , ladies have to hold itll break or reject
Gator were talking about euro/aussie in the really useless thread...
I still trying to figure out the relation between it and the direct pairs...
but seems EU/AU near resist...previous low...

market is a bit confusing at the moment...
EU seems the only one looking bullish...n I dnt see why such a strong bull move before touching 2440...

however 2550 remain key for me...
unless we climb above this level..
otherwise bear not dead yet..
Patience, Emotion Control and Discipline.
  • #684,963
  • Aug 28, 2012 5:46am Aug 28, 2012 5:46am
Quoting Vachus
Well i'm still at my opinion, the next logical station is 1.24000 - without it , Euro will not be able to break 1.26XX or 1.25950. News and statements can spike something and can break trend lines - but the higher they go, the weaker the support under their legs becomes. So, what we are seeing is a break of a channel that should not have happened and things has to restore back into this channel ...

Any way, i had a short Limit at 1.26600 and it was activated - with SL 1.25660. I moved the SL at 1.25600 too as i'm expecting a last fight...
u mean 1.25600?
Patience, Emotion Control and Discipline.
  • #684,964
  • Aug 28, 2012 5:47am Aug 28, 2012 5:47am
Quoting johncen
Gator were talking about euro/aussie in the really useless thread...
I still trying to figure out the relation between it and the direct pairs...
but seems EU/AU near resist...previous low...

market is a bit confusing at the moment...
EU seems the only one looking bullish...n I dnt see why such a strong bull move before touching 2440...
Exactly , ...

This is why i see that Bullish movement on Euro is a trap
"It's the Margin, Stupid."
  • #684,965
  • Aug 28, 2012 5:47am Aug 28, 2012 5:47am
Quoting johncen
u mean 1.25600?
yes , sorry i will correct it
"It's the Margin, Stupid."
  • #684,966
  • Aug 28, 2012 5:47am Aug 28, 2012 5:47am
Quoting mohan76
for change took a short
yes
nice sell off from todays open, them back retesting now, maybe 2 bite of cherries

geppy cable and kiwi still below zones eu au above, did you get mail about swissy,
I watching swissy daily, is at critical level, big move either way possible, her tapping ltl of falling channel / bull flag, so I think her will show 1st move, bcause of mail notification
If you are new to Forex? Say Goodbye to your account!!
  • #684,967
  • Aug 28, 2012 5:48am Aug 28, 2012 5:48am
Quoting johncen
Gator were talking about euro/aussie in the really useless thread...
I still trying to figure out the relation between it and the direct pairs...
but seems EU/AU near resist...previous low...

market is a bit confusing at the moment...
EU seems the only one looking bullish...n I dnt see why such a strong bull move before touching 2440...
as per spian 2y looks every one betting on ECB bond buying.
Mohan
  • #684,968
  • Aug 28, 2012 5:51am Aug 28, 2012 5:51am
Quoting Vachus
yes , sorry i will correct it
just to make sure... green pips...

Yes...very strange...
although correlation between euro n the stock market had dropped since June...
Patience, Emotion Control and Discipline.
  • #684,969
  • Aug 28, 2012 5:52am Aug 28, 2012 5:52am
Quoting ThirdMan
I think and my charts shows that yen is very likely to go up to 79 and maybe 79.30
sorry bro am only watching geppy, other pairs is show usd stength / weakness, geppy I need for gbp yen values and her has capped for now, noda and mates lurking and all will go to crap,
If you are new to Forex? Say Goodbye to your account!!
  • #684,970
  • Aug 28, 2012 5:53am Aug 28, 2012 5:53am
Quoting KiwiTrada
yes
nice sell off from todays open, them back retesting now, maybe 2 bite of cherries

geppy cable and kiwi still below zones eu au above, did you get mail about swissy,
I watching swissy daily, is at critical level, big move either way possible, her tapping ltl of falling channel / bull flag, so I think her will show 1st move, bcause of mail notification
yes bro...I am watching swissy as a indication...since its sitting on 100dsma...
might give a clue
Patience, Emotion Control and Discipline.
  • #684,971
  • Aug 28, 2012 5:55am Aug 28, 2012 5:55am
Quoting mahimahi


+1500 pips
bad maths
If you are new to Forex? Say Goodbye to your account!!
  • #684,972
  • Aug 28, 2012 5:56am Aug 28, 2012 5:56am
Quoting KiwiTrada
bad maths
let him dream
"It's the Margin, Stupid."
  • #684,973
  • Aug 28, 2012 5:56am Aug 28, 2012 5:56am
hourly looks good for bear , but closing my short now
Mohan
  • #684,974
  • Aug 28, 2012 5:58am Aug 28, 2012 5:58am
Quoting mohan76
as per spian 2y looks every one betting on ECB bond buying.
that make sense....
forgot about that..
people buying Euro so they can buy bond before ECB taking action...
Patience, Emotion Control and Discipline.
  • #684,975
  • Aug 28, 2012 6:00am Aug 28, 2012 6:00am
Anyone target 1.2510 @ 61,8% down ? Im already target 2530 but hope to let it run
  • #684,976
  • Aug 28, 2012 6:01am Aug 28, 2012 6:01am
can anybody tell me what'S going on with that market behaviour ? Now it goes down for more than 30 minutes, strangest PA I've ever seen which begun in the morning.
  • #684,977
  • Aug 28, 2012 6:04am Aug 28, 2012 6:04am
I have a sell @ 2550
TP @ 2475
SL @ 2595

Which one first? I don't know
  • #684,978
  • Aug 28, 2012 6:04am Aug 28, 2012 6:04am
Quoting Sumit
can u please comment on e/g... looks lik a gud short to me on daily... res from lows of 15-16 may also high of 6-7 jun...

Hi to you,

had a quick look for you and this is what i see.....

Monthly - has made a good ABC 50% correction of the swing up from 0.568x to 0.980x however it could have further to go as the target zone stretches to 0.731x - so monthly direction is open to either way

Daily - It is on wave C of an ABC correction of the swing down from 0.815x to 0.775x and has all but reached the peak of wA.
The target zone for this correction runs from 0.795x through to 0.805x so it is possible that it will top out here but the greater part of the target zone lies above not below.

I do see your point about the low in may which also coincides with the peak of wA, however for me probability lies with upside at the moment but maybe for a better understanding you should look at GBPUSD and EURUSD as it is a tri-product.

So in summary on a daily TF I wouldn't short here I would wait for a higher number.
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  • #684,979
  • Aug 28, 2012 6:05am Aug 28, 2012 6:05am
Quoting JackintheBox
can anybody tell me what'S going on with that market behaviour ? Now it goes down for more than 30 minutes, strangest PA I've ever seen which begun in the morning.
it got a little ahead of itself... now its retracing and we'll see what happens from here
Be hopeful in a winning position, and fearful in a losing position.
  • #684,980
  • Aug 28, 2012 6:08am Aug 28, 2012 6:08am
1.2556 > 1.2535 +21 pips closed cause 38%.

4 pips risk for 21

I try a buy @2540 sl 2536 tp 10 pips or moore depend if there is a move
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