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EURUSD

  • #703,401
  • Oct 5, 2012 7:13am Oct 5, 2012 7:13am
Quoting mok1one
I'm with you. I also see a bullish divergence on 5M and 15M charts. But like you said, NFP could wipe this out.
REQUESTING NO VOUCHES.Vouches are useless.
  • #703,402
  • Oct 5, 2012 7:14am Oct 5, 2012 7:14am
Quoting mohan76
trying to figure out which support and resistant going to be taken by NFP and which going to hold


possible yoyo wave length 3036/45 or 2965/60 or both
4hr only bro nothing under, generally her take off hard one direction then ping pong, then reverse harder opposite direction, most trader I know only trade the 2nd drive, wait retrace then enter, but for me is pop corn and coffee only

waiting for proverbial 'wtf' moment, may the mighty bears have the force tonight
If you are new to Forex? Say Goodbye to your account!!
  • #703,403
  • Oct 5, 2012 7:14am Oct 5, 2012 7:14am
Quoting mohan76
trying to figure out which support and resistant going to be taken by NFP and which going to hold


possible yoyo wave length 3036/45 or 2965/60 or both
Yea, 60 provides strong support 4hr basis. 50 and 75 1hr basis.

If and when reaches and bounces from there, then just add +50/75/100 for next reversing wave
They think they are smarter than I am.
  • #703,404
  • Oct 5, 2012 7:15am Oct 5, 2012 7:15am
Almost time for NFP, be interesting to see what direction it goes once the initial manipulated BS movements are out of the way
  • #703,405
  • Oct 5, 2012 7:16am Oct 5, 2012 7:16am
it's happening ... enjoy it
  • #703,406
  • Oct 5, 2012 7:16am Oct 5, 2012 7:16am
ehhh

I was not %100 wrong about 1 H roll down

but could not trade it smart
  • #703,407
  • Oct 5, 2012 7:18am Oct 5, 2012 7:18am
what is happened on 15 M 2 hours ago is happening with 1 H

poss double botom

Quoting stevewalker
ehhh

I was not %100 wrong about 1 H roll down

but could not trade it smart
  • #703,408
  • Oct 5, 2012 7:19am Oct 5, 2012 7:19am
Here is a 1 hour chart: It would be a nice little setup if we could get a 50 -61.8 retracement in order to kick inthe bullish hidden divergence for a nice long trade. Otherwise, a break above the hi without a 50-61.8 retracement indicates the bullish hidden divergence has already kicked in and should take price pretty high.(up around 3100-3150.)
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_05 Oct. 05 08.15.gif Size: 18 KB
REQUESTING NO VOUCHES.Vouches are useless.
  • #703,409
  • Oct 5, 2012 7:22am Oct 5, 2012 7:22am
Ya think?
Attached Image (click to enlarge)
Click to Enlarge Name: Pre NFP 10.5.12 815am.jpg Size: 340 KB
  • #703,410
  • Oct 5, 2012 7:23am Oct 5, 2012 7:23am
Quoting usernamehere
Ya think?
REQUESTING NO VOUCHES.Vouches are useless.
  • #703,411
  • Oct 5, 2012 7:23am Oct 5, 2012 7:23am
%20 long runner stop out BE


Quoting stevewalker
what is happened on 15 M 2 hours ago is happening with 1 H

poss double botom
  • #703,412
  • Oct 5, 2012 7:23am Oct 5, 2012 7:23am
More upward pressure is expected in the coming hours, here is my view...
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Click to Enlarge Name: EURUSD_H1.jpg Size: 118 KB
  • #703,413
  • Oct 5, 2012 7:24am Oct 5, 2012 7:24am
Quoting bennyblanco
Almost time for NFP, be interesting to see what direction it goes once the initial manipulated BS movements are out of the way
hold your hats..as tight as you can..
  • #703,414
  • Oct 5, 2012 7:24am Oct 5, 2012 7:24am
I will not execute a trade until the major news release. My bias is long. But this can quickly change if somehow USA delivers us a positive data.

But I doubt it. Perfect scenario for me would be higher unemployment rate as expected and euro bursting up to 80 or even 1,300.

In case od a completely different scenario I'll try just to scalp the market for some pips.
  • #703,415
  • Oct 5, 2012 7:27am Oct 5, 2012 7:27am
addition : that touch down can extend to 297x
Quoting stevewalker
my forecast is down to 299x

then up where ever it can

time will tell
  • #703,416
  • Oct 5, 2012 7:29am Oct 5, 2012 7:29am
good luck all


Quoting stevewalker
addition : that touch down can extend to 297x
  • #703,417
  • Oct 5, 2012 7:35am Oct 5, 2012 7:35am
will it go up?
  • #703,418
  • Oct 5, 2012 7:36am Oct 5, 2012 7:36am
Tricky. I can interpret this news as very positive for USA but my opinion counts for nothing. It matters what the big players think...
  • #703,419
  • Oct 5, 2012 7:36am Oct 5, 2012 7:36am
Good luck today
  • #703,420
  • Oct 5, 2012 7:36am Oct 5, 2012 7:36am
Quoting screwup
slow and steady .... fast and furious

wait till clear this rally....
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