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  • #704,081
  • Oct 8, 2012 12:14am Oct 8, 2012 12:14am
Quoting stevewalker
still thinking how did this happen

it passed all supports & round value like a sunday walk.
it hasnt.....support and round numbers are not exact...this is not a board game it is a fair value game.

right now at 1.2987 it is still 1.30....at 1.3050ish still 1.30ish
AVT INVENIAM VIAM AVT FACIAM
  • #704,082
  • Oct 8, 2012 12:17am Oct 8, 2012 12:17am
Quoting KillerWhale
That's 2 minutes from now!

yes i know. so will hold till I see 1.2975.
  • #704,083
  • Oct 8, 2012 12:19am Oct 8, 2012 12:19am
but no major up move

yes 5 15 min has bounces but > than those it is all way down

when mkt is liquid TL & supports & channels work with 2-3 pip precision

as you called they work like a "board game."

the main reason can be low liquidity



Quoting the redlion
it hasnt.....support and round numbers are not exact...this is not a board game it is a fair value game.

right now at 1.2987 it is still 1.30....at 1.3050ish still 1.30ish
  • #704,084
  • Oct 8, 2012 12:19am Oct 8, 2012 12:19am
Just to clarify what I was saying. See where the upper trend line meets with the lower trend line, right around the ms3 @ 1.2933, that's what I'm watching for a reversal upward. Please correct me if I'm wrong. Typing under the influence right now. (where price meets time.)
Attached Image (click to enlarge)
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Time turns trend. - W.D. Gann
  • #704,085
  • Oct 8, 2012 12:22am Oct 8, 2012 12:22am
Quoting Nachiket
hehehe. your countdown started. what cues will you get from bond markets today. just wondering.
... and then 2 hours and 30 minutes... countdown again
  • #704,086
  • Oct 8, 2012 12:23am Oct 8, 2012 12:23am
Quoting ForExtraPips
Just to clarify what I was saying. See where the upper trend line meets with the lower trend line, right around the ms3 @ 1.2933, that's what I'm watching for a reversal upward. Please correct me if I'm wrong. Typing under the influence right now. (where price meets time.)
Typing under the influence right now
  • #704,087
  • Oct 8, 2012 12:24am Oct 8, 2012 12:24am
Quoting SnaveForex
Typing under the influence right now
Yep. The charts speak to me while drinking.
Time turns trend. - W.D. Gann
  • #704,088
  • Oct 8, 2012 12:26am Oct 8, 2012 12:26am
So, right now, I'm waiting on price to hit that upper trend line that I just posted, and watch for it to fall, to hit the 100EMA @ around 1.2968
Time turns trend. - W.D. Gann
  • #704,089
  • Oct 8, 2012 12:26am Oct 8, 2012 12:26am
may be Rag2RichesFX has pointed the reason

2 hours ago there was news at bloomberg about metal companys that were all red in asia.

that might triggered something.

but did not corolate at that moment

Quoting Rag2RichesFX
it needs to top out first but then has potential to go down more than 1.28
  • #704,090
  • Edited 12:33am Oct 8, 2012 12:32am | Edited 12:33am
buy limit @ 1.2933
sl @ 1.2927
tp @ 1.3030
Time turns trend. - W.D. Gann
  • #704,091
  • Oct 8, 2012 12:39am Oct 8, 2012 12:39am
Just waiting for the top of the hour, as this rises and then falls.
Time turns trend. - W.D. Gann
  • #704,092
  • Oct 8, 2012 12:40am Oct 8, 2012 12:40am
Quoting s1447
Looks like it's going down. Short 1.3020. TP 1.2880
On the good track :-). Next stop 1.2940
  • #704,093
  • Oct 8, 2012 12:40am Oct 8, 2012 12:40am
Quoting screwup
... and then 2 hours and 30 minutes... countdown again


  • #704,094
  • Oct 8, 2012 12:40am Oct 8, 2012 12:40am
I am short short short
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  • #704,095
  • Oct 8, 2012 12:42am Oct 8, 2012 12:42am
Quoting screwup


Oooops missing
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  • #704,096
  • Oct 8, 2012 12:46am Oct 8, 2012 12:46am
I am actually -2.0%

-2.5% I will book it

Quoting stevewalker
may be Rag2RichesFX has pointed the reason

2 hours ago there was news at bloomberg about metal companys that were all red in asia.

that might triggered something.

but did not corolate at that moment
  • #704,097
  • Oct 8, 2012 12:51am Oct 8, 2012 12:51am
Quoting stevewalker
I am actually -2.0%

-2.5% I will book it
very honest suggestion, u shud get back to tech business, may be this time do some thing which is related to forex, but not trading, some thing related to technology.
  • #704,098
  • Oct 8, 2012 12:53am Oct 8, 2012 12:53am
This may be a pole pattern where the early sell signal may be taken at the 50% retracement, which is 1.2880
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Any thoughts would be appreciated.

Thanks.
  • #704,099
  • Oct 8, 2012 12:53am Oct 8, 2012 12:53am
yes boss

Quoting Hakimi
very honest suggestion, u shud get back to tech business, may be this time do some thing which is related to forex, but not trading, some thing related to technology.
  • #704,100
  • Oct 8, 2012 12:55am Oct 8, 2012 12:55am
euro is pissing me off now ; just no volume here

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