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  • #9,881
  • Sep 18, 2012 9:02am Sep 18, 2012 9:02am
Quoting Daytrader74
Just 8% more....come on Mr Market push....and give me those pipies
Ya might need to bail out and reverse to get that 8%. Hammer at the H4 50 ma - bounce off bottom bollinger band suggests a zig zag back up to the MAC channel red line @ 10484
Attached Image (click to enlarge)
Click to Enlarge Name: au h4.gif Size: 24 KB
  • #9,882
  • Sep 18, 2012 9:09am Sep 18, 2012 9:09am
Silver just broke out to new high ground.
  • #9,883
  • Sep 18, 2012 9:14am Sep 18, 2012 9:14am
Quoting chiknthief
Silver just broke out to new high ground.
35 is very strong....
  • #9,884
  • Sep 18, 2012 9:17am Sep 18, 2012 9:17am
Quoting bouble
35 is very strong....
Just backtracked 25. Somebody is selling.
  • #9,885
  • Sep 18, 2012 10:35am Sep 18, 2012 10:35am
Quoting gnomoneey
buying here 1.0473 .....
have two long trades open now cost average of 1.0460

still looking at higher grounds


but other trades open yesterday gave me +700..basically xau/usd and the rest broke even....
Wooooohooooo or Boooooohooooo
  • #9,886
  • Sep 18, 2012 10:42am Sep 18, 2012 10:42am
Eve and Adam Double Top (http://www.thepatternsite.com/eadt.html)

Attached Image (click to enlarge)
Click to Enlarge Name: eve-adam.gif Size: 28 KB


  • #9,887
  • Sep 18, 2012 10:42am Sep 18, 2012 10:42am
imo

closing above 1.0440 on this h4 or daily we should see price going towards 1.0493 daily pivot.
Wooooohooooo or Boooooohooooo
  • #9,888
  • Sep 18, 2012 10:47am Sep 18, 2012 10:47am
Quoting doblece
Eve and Adam Double Top (http://www.thepatternsite.com/eadt.html)

Attachment

hey Doblece,

are you saying price needs to go to 1.0166 or 1.0620?
please explain...

thanks,
G
Wooooohooooo or Boooooohooooo
  • #9,889
  • Sep 18, 2012 11:27am Sep 18, 2012 11:27am
Quoting GnarlyPips
I feel this is appropriate.

1.04?
1H AudUsd

Bounced just a few pips away from 1.04. Supply/support now being tested after price bounced from the DTL.
Attached Image (click to enlarge)
Click to Enlarge Name: 1HDaussie.png Size: 33 KB
Play the players, not the cards.
  • #9,890
  • Sep 18, 2012 11:41am Sep 18, 2012 11:41am
Quoting Daytrader74
Fxxx
DT, you have got TWO STRIKES now. One more, you will be deported.
daddybearforex. com
  • #9,891
  • Sep 18, 2012 12:08pm Sep 18, 2012 12:08pm
DB, whats up... I took your advice on when to bail on my trade, and it worked out perfectly! Thanks you!
  • #9,892
  • Sep 18, 2012 12:28pm Sep 18, 2012 12:28pm
Quoting gnomoneey
hey Doblece,

are you saying price needs to go to 1.0166 or 1.0620?
please explain...

thanks,
G
Read the linked definition ...
A break of the valley bottom between both peaks is needed to confirm this pattern. If it does so, the projection downwards is greater than the height from that level to the tops. That would be around 0.9600ish IMO.

But we first would have to break that bottom.
And this is long term, given the time it has taken to form those.
Just noting.
  • #9,893
  • Sep 18, 2012 12:41pm Sep 18, 2012 12:41pm
Quoting doblece
Read the linked definition ...
A break of the valley bottom between both peaks is needed to confirm this pattern. If it does so, the projection downwards is greater than the height from that level to the tops. That would be around 0.9600ish IMO.

But we first would have to break that bottom.
And this is long term, given the time it has taken to form those.
Just noting.
I got a question for you concerning the pattern. If there is a small move up here, say for a couple of days, bringing it back near the top, would that negate the pattern? Or would it stay in effect until the top is broken though?

Thanks in advance
  • #9,894
  • Sep 18, 2012 1:02pm Sep 18, 2012 1:02pm
Quoting Nate04
I got a question for you concerning the pattern. If there is a small move up here, say for a couple of days, bringing it back near the top, would that negate the pattern? Or would it stay in effect until the top is broken though?

Thanks in advance
Although it isn't mentioned in the definition, I think that the retracement shouldn't go further than a 61.8%.

And the pattern is only confirmed when the valley bottom is broken to the downside. By now it is only a potential double top / Eve and Adam style.

If we go back near the top, we could then have a triple top.
  • #9,895
  • Sep 18, 2012 1:07pm Sep 18, 2012 1:07pm
Quoting doblece
Although it isn't mentioned in the definition, I think that the retracement shouldn't go further than a 61.8%.

And the pattern is only confirmed when the valley bottom is broken to the downside. By now it is only a potential double top / Eve and Adam style.

If we go back near the top, we could then have a triple top.
Thanks again. That was very helpful.
  • #9,896
  • Sep 18, 2012 1:28pm Sep 18, 2012 1:28pm
Quoting irfandbl
I think there's a chance for this pair of continuing its way down before going up again to 1.06 or 1.07

Attachment


edit from excel :

1.0478
1.0463
1.0436
1.0408
100% H4 14,3,3 stoch target eventually touched, well not actually to the exact pip (1.0408), but 1.0409

Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 17 KB


no clear direction of where this pair might go in short term as for now
  • #9,897
  • Sep 18, 2012 1:30pm Sep 18, 2012 1:30pm
Quoting chiknthief
The next H4 bar will gap to the right.
it actually did, what a coincidence
  • #9,898
  • Sep 18, 2012 1:45pm Sep 18, 2012 1:45pm
Good night

http://www.youtube.com/watch?v=n1PCW0C1aiM
  • #9,899
  • Sep 18, 2012 1:55pm Sep 18, 2012 1:55pm
Quoting irfandbl
100% H4 14,3,3 stoch target eventually touched, well not actually to the exact pip (1.0408), but 1.0409

Attachment

no clear direction of where this pair might go in short term as for now
Some probable short-term targets:

Attached Image (click to enlarge)
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  • #9,900
  • Sep 18, 2012 2:28pm Sep 18, 2012 2:28pm
Quoting Nate04
DB, whats up... I took your advice on when to bail on my trade, and it worked out perfectly! Thanks you!
You are welcome. Are you talking about this?
Attached Image
daddybearforex. com
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