I don't have a clue what your horizontal lines are but yeah, looks like a bear market alright.
- #700,001
- Sep 29, 2012 12:18pm Sep 29, 2012 12:18pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #700,003
- Sep 29, 2012 12:35pm Sep 29, 2012 12:35pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
Here's the daily view...
2822 was not traded in a down trend.. It'll do it eventually.. That would make a LL on daily and will put us below 2834 depicted here..
http://www.forexfactory.com/showthre...32#post6054132
Once we do that, after the customary mess between 2834 and 2788, it should dip to 2754 and up from there, invalidating 2822 on daily and ready for a pull back on the daily chart (HH/HL etc.)
For immediate resistance we have these on the fast chart.. It should turn around at one of them...
This is the snap shot I have at this point in time.. If it doesn't do this exact workflow, I will have to change it based on what levels are touched or invalidated..
2822 was not traded in a down trend.. It'll do it eventually.. That would make a LL on daily and will put us below 2834 depicted here..
http://www.forexfactory.com/showthre...32#post6054132
Once we do that, after the customary mess between 2834 and 2788, it should dip to 2754 and up from there, invalidating 2822 on daily and ready for a pull back on the daily chart (HH/HL etc.)
For immediate resistance we have these on the fast chart.. It should turn around at one of them...
This is the snap shot I have at this point in time.. If it doesn't do this exact workflow, I will have to change it based on what levels are touched or invalidated..
- #700,004
- Sep 29, 2012 12:45pm Sep 29, 2012 12:45pm
- | Membership Revoked | Joined Jul 2012 | 899 Posts
A rally back to weekly pivot area around 12900 isn't out of the question. If so, we may get the short sell of the year right there. H4 looks like it could just gap lower and T-A-N-K though. Back to the wet finger in the air thing !!! 
The action was quite ugly friday for the bulls. It took 11, 4 hr bars from low close to high close then ERASED the whole rally in two bars. If momentum remains the same, this geometry might look like a TANK !!! 
- #700,007
- Sep 29, 2012 1:02pm Sep 29, 2012 1:02pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
ANSWER THE QUESTION killer whale !!!
New voice message: Why are you calling me? If I need you, I'll call you!
Pure coincidence? I dont know......
But I have a hunch. As I look the daily, it may go geometric, when something is about to happen....the patterns you know....
- #700,010
- Sep 29, 2012 1:14pm Sep 29, 2012 1:14pm
- Joined Jul 2009 | Status: Trader | 4,859 Posts
Disclaimer: Check your 1m charts
- #700,011
- Sep 29, 2012 1:17pm Sep 29, 2012 1:17pm
- | Joined Mar 2011 | Status: I have a member | 674 Posts
Looks like the daily MAC channel rymes right in with your geometry, Whistlepips !!! Another coincidence???
- #700,012
- Sep 29, 2012 1:21pm Sep 29, 2012 1:21pm
- Joined Jul 2009 | Status: Trader | 4,859 Posts
Don't mess with the ichi
Yea you may be right. Dont know much about that MAC & ichimoku stuff, but Id go for Attilas previous analysis on the directions. Great stuff LOL.
Disclaimer: Check your 1m charts
Yea you may be right. Dont know much about that MAC & ichimoku stuff, but Id go for Attilas previous analysis on the directions. Great stuff LOL.
- #700,016
- Sep 29, 2012 1:42pm Sep 29, 2012 1:42pm
- Joined Jul 2009 | Status: Trader | 4,859 Posts
Disclaimer: Check your 1m charts
- #700,017
- Sep 29, 2012 2:01pm Sep 29, 2012 2:01pm
It wasn't a reply to your post and I was just explaining my thoughts.
Don't know why you taking this supperior "tone" ? I don't care who you are and how many vouch you have, I do not like your attitude.
Instead of making fun of people and try to put people down, why don't you go ahead and say/do something that could help new traders ?
The traders that are viewing this thread will not gain/learn anything by reading negative comments. If you are going to say something anyway, try to think about those that are maybe looking up to you....
Don't know why you taking this supperior "tone" ? I don't care who you are and how many vouch you have, I do not like your attitude.
Instead of making fun of people and try to put people down, why don't you go ahead and say/do something that could help new traders ?
The traders that are viewing this thread will not gain/learn anything by reading negative comments. If you are going to say something anyway, try to think about those that are maybe looking up to you....
Oh My God
So now you suddenly agree with me?
- #700,018
- Sep 29, 2012 2:10pm Sep 29, 2012 2:10pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
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