Euro/Dollar

Let's make a quick Market Preview on EU and GU.
(No Fundamentals)
EU: The market created a great support level, so if it is broken, we shall see a great down move. If that support is broken, then I would wait for a retest to see that the support level becomes a resistance and then shoot for more shorts. The other direction; it might be a consolidation zone until ~2580 is breached then actually the story is the same but with longs.

http://i47.tinypic.com/rs99n5.png

GU: (I am a little worried for TT's long entry)
It's quite similar to EU actually, same R&S behaviors, eager to see ~5480 level is breached and crushed. But it can show that the pair retests before it rallies.

http://i48.tinypic.com/30nc65z.png

Aussie continues down, next level would be ~1.02

EJ: Quite a consolidation zone, it still has some strength to drop additional ~80 pips (or not )

Gold: Actually it drives me crazy since the opening of the market Sunday night, though it has classic down move so I am still short, updating the stops.

Cheers all

entirely valid view on eu mikey, yet not sure how strong a downward momentum can build up due to mentioned expectations about the ecb.. but soon reality will kick in again

and for the valued EURO/DOLLAR members:
#686539

I wanted to add some view for the Aussie;

The Aussie has triple equal moves which shows the weakness, a possibly full return and barely visible H&S.

http://i49.tinypic.com/n3uejb.png

Good day to you,

Hehe - no. It is 25% of my normal lot size. Not 25% of equity. That would be just silly.

Anyway - out last night.

Trade well

Regards

locked every pips of profits tighly


Thanks Mr.friday

Good day traders

I was logged on just in time, actually it was during driving, to see double bottoms on EU and EJ, stopped the car and closed my shorts

Though I just returned to the dispay, full charts and see that missed the whole day moves. We'll see how it will go from here, waiting for the next ROEs.

Cheers

Good day traders

I was logged on just in time, actually it was during driving, to see double bottoms on EU and EJ, stopped the car and closed my shorts

Though I just returned to the dispay, full charts and see that missed the whole day moves. We'll see how it will go from here, waiting for the next ROEs.

TT - GU played nice actually, do we have a Gartley now? I'll take a moment to think for the trade because it is a long candle which had 1st target in it and it might be a false call now.

http://i45.tinypic.com/ncdu0j.png

Cheers

Never got lower than 2480,big run up on end of month flows
but came back down to close at that good old pink resistance line.
There is still a very good chance of a pullback from here.
Have a great weekend all.

Looks like my bounce level of 1395 is a little off.
But clearly we can't get above 1417 for now either.
Stuck in range.

hello everybody...

miss all of you.

-skynet

Hey Mates?

Please Visit some of my online posts, I have still valid EURUSD trade set up and recent AUDUSD.
Feel free to comment and +1's.
http://mike-forex.blogspot.com/

Best Regards and
Green pips to ya' all.
-Mike

Dear Fellows,
I have been looking at EJ since I got out on Friday with some nice profit over the last week. (Update) UJ ; currently something is forming for a breakout and it looks bullish. It is going to be Bullish Engulfing Candle 1H close along with RSI divergence, hopefully, and when it does, we go north, I'll post technical at the end of this hour.

EU: Still bearish set-up, I think that we can assume that double top has just been hit and some divergence. We'll see more when R&S's are reached/breached.

More information can be found in the link below.

Killing some time with:

Hell on Wheels - Season 2
http://www.youtube.com/watch?v=oa6tHb6rnGs

Night fellows...

UJ:
Nice Engulfing, tight SLs, went long wit h3 positions, 1st at fib61.8, 2nd previous highs, and third dynamic.

http://i49.tinypic.com/t62oso.png

EJ:

A triangle before a breakthrough.

For a rally, next stop at 101.25
Bearish, next stop at 96.6

http://i48.tinypic.com/oqafjo.png

morning


here is what I see on the daily.....

currently correcting 1.348x to 1.204x swing
correction target zone is 1.278x to 1.294x

it has reached 38% so I would expect some pullback before a greater rise, but the current PA does not support that - maybe some profit taking before Thursday will....
in any case I see potential pullback either from 1.264x to 1.247x or from 1.269x to 1.261x

currently long from 1.2615

Good day, guys.

Back from my holiday, and with a bunch of new ideeas. But first of all, before resuming trading ... do we have a mql programmer in our midst?

Good evening all,
I guess the vacations have made this thread a bit sleepy.

Market updates:

1: EU - Double Top, Bearish Bat Pattern, previous structure resistance levels; currently shorting; full post is here.

2: AU - Bullish Bat Pattern, previous support structure levels, FIB-38.2 level, retesting current 1.0220 level. If this level is not broken, then Up move is garanted, a possibility of a long Trend wave move; full post here.

3: EJ - Bearish Evening star candle pattern, Still in consolidation zone, waiting to see more solid moves to leave the current zone; more info here.

4: UJ - Last night I posted in this thread for a great setup when a triangle was formed and a Bullish Engulfing Candle Pattern made its move up from it, I opened several Long positions: Previous post is here, and more detailed preview is here.

5: GOLD - Reached Fib 127.2 level, reached previous Highs since March 27th, a nice retracement is expected in that level.

Green pips mates.