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  • #703,741
  • Oct 5, 2012 11:35am Oct 5, 2012 11:35am
Quoting Smokeymar
After 12:00 on a Friday. 99/100 times you will grind your account to bits at this time. Shut it down and make it a liquid lunch.
Agreed

http://shrani.si/f/40/pS/1y5ewOCX/oktoberfest.jpg
  • #703,742
  • Oct 5, 2012 11:36am Oct 5, 2012 11:36am
Quoting screwup
3027
or 305x
  • #703,743
  • Oct 5, 2012 11:36am Oct 5, 2012 11:36am
Quoting Mr.Kruger
Tp @ 525... out - done for today
niceone, now close that f trading machine
  • #703,744
  • Oct 5, 2012 11:36am Oct 5, 2012 11:36am
Quoting BlueGas
I think it may bounce of 6110
Yes, you're right, I haven't seen this demand zone, thank you
  • #703,745
  • Oct 5, 2012 11:37am Oct 5, 2012 11:37am
Quoting Smokeymar
After 12:00 on a Friday. 99/100 times you will grind your account to bits at this time. Shut it down and make it a liquid lunch.
Didn't we have 130 pips drop at 16:00 GMT on NFP day in last Octobor? forgot the reason though...
  • #703,746
  • Oct 5, 2012 11:41am Oct 5, 2012 11:41am
Quoting mikijk3
It will be a retracement or a reverlsal? :think:

Where do you think kiwi will stop? 0.82-81-70 or lower?

This is my view for Cable, what do you think?
Attachment
hey bro I think chart is 4hr - to the left is H&S this candle if close below last low will be bearish encompassing, on daily show little clearer targets, I am seeing major pips from this girl, possibly all of rest month,
same with kiwi, if her can break and hold 8224, looking dailly chart, Fib from present rally /trend start May 2012 will be target s with longer term target 76cents

edit very nice chart
If you are new to Forex? Say Goodbye to your account!!
  • #703,747
  • Oct 5, 2012 11:44am Oct 5, 2012 11:44am
as final destination for my tp2 is 2880, but i do believe we will eventually also see 2670, but we got loads of time to get there, if if
  • #703,748
  • Oct 5, 2012 11:45am Oct 5, 2012 11:45am
for how many days we have no major sell off??

any one knows??? i am expecting sell off today or next week may
Learning Requires Failure
  • #703,749
  • Oct 5, 2012 11:47am Oct 5, 2012 11:47am
Quoting tirmizi
for how many days we have no major sell off??

any one knows??? i am expecting sell off today or next week may
depends, kinda makes suspicious cause the majority expects selloff, that could mean there could be buyoff , which might bring price to 3600
  • #703,750
  • Oct 5, 2012 11:48am Oct 5, 2012 11:48am
Quoting tirmizi
for how many days we have no major sell off??

any one knows??? i am expecting sell off today or next week may
Until people start buying again.
  • #703,751
  • Oct 5, 2012 11:52am Oct 5, 2012 11:52am
Quoting KiwiTrada
hey bro I think chart is 4hr - to the left is H&S this candle if close below last low will be bearish encompassing, on daily show little clearer targets, I am seeing major pips from this girl, possibly all of rest month,
same with kiwi, if her can break and hold 8224, looking dailly chart, Fib from present rally /trend start May 2012 will be target s with longer term target 76cents

edit very nice chart
this my kiwi daily
it is building expanding megaphone ecompassing the 2 previous restence zones, I believe very bearish sign also rejecting the utl of a falling wedge, presently consolidating around my monthly level 8224, yes her has some work to do variuos levels need to be taken out, but if she breachs the ltl of the wedge, her will be bearish for quite awhile
is my plan anyway
Attached Image (click to enlarge)
Click to Enlarge Name: Kiwi Daily 6 10 2012.jpg Size: 99 KB
If you are new to Forex? Say Goodbye to your account!!
  • #703,752
  • Oct 5, 2012 11:56am Oct 5, 2012 11:56am
Quoting mikijk3
It will be a retracement or a reverlsal? :think:

Where do you think kiwi will stop? 0.82-81-70 or lower?

This is my view for Cable, what do you think?
Attachment
maybe, but it still in bull trap
Attached Image (click to enlarge)
Click to Enlarge Name: gbph4.JPG Size: 228 KB
  • #703,753
  • Oct 5, 2012 12:07pm Oct 5, 2012 12:07pm
Quoting KiwiTrada
this my kiwi daily
it is building expanding megaphone ecompassing the 2 previous restence zones, I believe very bearish sign also rejecting the utl of a falling wedge, presently consolidating around my monthly level 8224, yes her has some work to do variuos levels need to be taken out, but if she breachs the ltl of the wedge, her will be bearish for quite awhile
is my plan anyway
i agree with you on kiwi showing pre-bearish sign, perhaps a run down can be expected in the next few weeks. Weekly showing a few dojis already..
  • #703,754
  • Oct 5, 2012 12:09pm Oct 5, 2012 12:09pm
not eu, but usd/zar looks interesting. South Africa dying...
  • #703,755
  • Oct 5, 2012 12:16pm Oct 5, 2012 12:16pm
Quoting tirmizi
for how many days we have no major sell off??

any one knows??? i am expecting sell off today or next week may
technically it can go to 2760 ??? ... but the market looks bullish and can go to 34xx
  • #703,756
  • Oct 5, 2012 12:17pm Oct 5, 2012 12:17pm
Daily and weekly RSI are still positive so it looks like a retest of 1.3150-1.3175 is likely, but I think the EUR/JPY is a safer risk-off Euro pair.
You can always make money tomorrow provided you don't lose it today.
  • #703,757
  • Oct 5, 2012 12:19pm Oct 5, 2012 12:19pm
Quoting mikijk3
It will be a retracement or a reverlsal? :think:

Where do you think kiwi will stop? 0.82-81-70 or lower?

This is my view for Cable, what do you think?
Attachment
bro this one my cable chart 4hr

6300 was always going to be ggod level to defend
please excuse tl,s them messy but what important is again we have H&S at resist / previous high, also the 200 & 50 sma almost repeating picture perfect
There is little problem though, the present falling channel could also be seen as a bull flag, the good thing is the channel is big enough to sell utl and buy ltl and keep doing until we have breakput sort of bull flag, against H&S at resist scenario
this type situation is on 3 of 6 ladies, I think that is why lower tf,s are so screwed up, and out of sync, like right now, bears are feasting ausiie kiwi geppy cable (little bit at this stage "snack) and yet swissy and eu off doing their own thing, so I watch all prs, to see who/ which is going to suddenly decide to rejoin the fold
and why I keep saying it important to watch multiple pairs pa, each one gives little clues, dont have to trade them just keep eyeball them

ah shit too many words, sorry
Attached Image (click to enlarge)
Click to Enlarge Name: Cable 4hr 6 10 2012.jpg Size: 103 KB
If you are new to Forex? Say Goodbye to your account!!
  • #703,758
  • Oct 5, 2012 12:19pm Oct 5, 2012 12:19pm
AUD, NZD, TRY, and ZAR all high interest pairs seem to be falling.... What's going on? Maybe because Gold is falling?

EUR... holding
  • #703,759
  • Oct 5, 2012 12:25pm Oct 5, 2012 12:25pm
Quoting forex_J
AUD, NZD, TRY, and ZAR all high interest pairs seem to be falling.... What's going on? Maybe because Gold is falling?

EUR... holding

Gold is falling on very low to practically no volume
"The market can remain irrational longer than you can remain solvent"
  • #703,760
  • Oct 5, 2012 12:26pm Oct 5, 2012 12:26pm
Quoting forex_J
AUD, NZD, TRY, and ZAR all high interest pairs seem to be falling.... What's going on? Maybe because Gold is falling?

EUR... holding
atm i can see there's a potential of DX meeting it's low. further confirmation is consolidation at about current price with breakout price to the upside. only then i think we can see fiber breaking to the downside.

just wait for it..
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