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EURUSD

  • #695,101
  • Sep 20, 2012 5:15am Sep 20, 2012 5:15am
building another bear flag on m5 and m1?
  • #695,102
  • Sep 20, 2012 5:16am Sep 20, 2012 5:16am
Forming 15m diamond pattern, 2 candles left.

Middle point 56/57.
They think they are smarter than I am.
  • #695,103
  • Sep 20, 2012 5:17am Sep 20, 2012 5:17am
Quoting KillerWhale
eu trying to go higher, but it takes a lot of energy.
Let it rise so we can short it hard..
COT: The precious data ignored
  • #695,104
  • Sep 20, 2012 5:19am Sep 20, 2012 5:19am
Quoting divak
building another bear flag on m5 and m1?
I hope not
New voice message: Why are you calling me? If I need you, I'll call you!
  • #695,105
  • Sep 20, 2012 5:19am Sep 20, 2012 5:19am
Quoting Z3iz3i
Forming 15m diamond pattern, 2 candles left.

Middle point 56/57.
is that more a bullish or bearish sign?
  • #695,106
  • Sep 20, 2012 5:19am Sep 20, 2012 5:19am
Quoting KillerWhale
I hope not
looks like to me... but then im not pattern expert..
  • #695,107
  • Sep 20, 2012 5:20am Sep 20, 2012 5:20am
Quoting KillerWhale
My day starts @ 5 pst = 8pm New York time
Thanks - that explains a little. 8pm NY = 01:00 BST and between midnight and 01:00 it did rise a little before falling. Interesting that that means our DP and calaculated S and R will not correlate. Thanks again.

Regards,
Angus
  • #695,108
  • Sep 20, 2012 5:21am Sep 20, 2012 5:21am
Quoting divak
is that more a bullish or bearish sign?
Can go either way.
They think they are smarter than I am.
  • #695,109
  • Sep 20, 2012 5:21am Sep 20, 2012 5:21am
Quoting kuroro001
Let it rise so we can short it hard..
rrrright!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #695,110
  • Sep 20, 2012 5:22am Sep 20, 2012 5:22am
Quoting divak
is that more a bullish or bearish sign?
Diamond is a continuation sign, but if there is low volume in the diamond, it can fail.
Those who say it cannot be done should not interrupt those who are doing it
  • #695,111
  • Sep 20, 2012 5:24am Sep 20, 2012 5:24am
Quoting PipTrapper
Diamond is a continuation sign, but if there is low volume in the diamond, it can fail.
And we'll have low volume for the next 2 hours
New voice message: Why are you calling me? If I need you, I'll call you!
  • #695,112
  • Sep 20, 2012 5:25am Sep 20, 2012 5:25am
Quoting PipTrapper
Diamond is a continuation sign, but if there is low volume in the diamond, it can fail.
No big bullish setup on higher tf...maybe one on m1...so i'm expecting another leg down, at least test recent low.
COT: The precious data ignored
  • #695,113
  • Sep 20, 2012 5:25am Sep 20, 2012 5:25am
Quoting divak
looks like to me... but then im not pattern expert..
more like a bearish wedge on M1 actually
  • #695,114
  • Sep 20, 2012 5:26am Sep 20, 2012 5:26am
Quoting KillerWhale
And we'll have low volume for the next 2 hours
Exactly. So don't rely on it.
Those who say it cannot be done should not interrupt those who are doing it
  • #695,115
  • Sep 20, 2012 5:26am Sep 20, 2012 5:26am
Quoting chess king
in my view quite possible to see the range .. (2930 .. 3172) this week ..
ummm!? I am currently out of ideas
  • #695,116
  • Sep 20, 2012 5:30am Sep 20, 2012 5:30am
Think about that for a moment : We had positive EUR reports from early in the morning , with a positive auction of Spainish debt plus positive USA data which always boosted Eur ... Why then its moving down ?!

So, this should tell you that Price are not moving down - it's buyers sidelining ..

My opinion is : Don't buy in this short Euphoria that much , a bounce is about to come.

I'm currently flat , and i may have a small bullish baise
"It's the Margin, Stupid."
  • #695,117
  • Sep 20, 2012 5:30am Sep 20, 2012 5:30am
Quoting PipTrapper
If you pay me a million dollars, I'll try to find out for you

If we break 2900 today, then we'll probably be testing the 2650 to 2590 support zone by early next week. If things get really bad, we may even see it tomorrow... but that's just wishful thinking on my part

and... if it rises above 3002 today, it marks the bull flag hahaha
i,m still short at 1,2961 ...
  • #695,118
  • Sep 20, 2012 5:33am Sep 20, 2012 5:33am
Moved sl on my long to be @ 1.2940
New voice message: Why are you calling me? If I need you, I'll call you!
  • #695,119
  • Sep 20, 2012 5:34am Sep 20, 2012 5:34am
Quoting screwup
and... if it rises above 3002 today, it marks the bull flag hahaha
i,m still short at 1,2961 ...
opppps and 2976
  • #695,120
  • Sep 20, 2012 5:40am Sep 20, 2012 5:40am
Quoting screwup
and... if it rises above 3002 today, it marks the bull flag hahaha
i,m still short at 1,2961 ...
correct.
Those who say it cannot be done should not interrupt those who are doing it
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