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EURUSD

  • #709,021
  • Oct 17, 2012 10:45pm Oct 17, 2012 10:45pm
Quoting forexhints
Euro will fall for the next 4 hrs, target TP at 1.30800
why exactly at 1.30800 ?
  • #709,022
  • Oct 17, 2012 10:48pm Oct 17, 2012 10:48pm
Quoting ForExtraPips
Uh, oh. Another chart. Where price meets time.
yes definite fall, can you guess at what extend it might go ???

Fib 38 at 1.3050
  • #709,023
  • Oct 17, 2012 10:49pm Oct 17, 2012 10:49pm
Quoting forexhints
yes definite fall, can you guess at what extend it might go ???

Fib 38 at 1.3050
My target was 1.3070, to be on the safe side. But some of my charts are screaming 1.3050 also. GL
Time turns trend. - W.D. Gann
  • #709,024
  • Oct 17, 2012 10:50pm Oct 17, 2012 10:50pm
Now for the stall before the fall. to be continued.....
Attached Image (click to enlarge)
Click to Enlarge Name: thestallbeforethefall.jpg Size: 134 KB
Time turns trend. - W.D. Gann
  • #709,025
  • Oct 17, 2012 10:50pm Oct 17, 2012 10:50pm
Quoting metta87
why exactly at 1.30800 ?
FIB 28 retracement and a strong support, hopefully it will go far more but it will be the first safe step to have your TP
  • #709,026
  • Oct 17, 2012 10:52pm Oct 17, 2012 10:52pm
for wick traders, like me, 1.3035 is screaming at me.
Time turns trend. - W.D. Gann
  • #709,027
  • Oct 17, 2012 10:54pm Oct 17, 2012 10:54pm
if it breaks below the 3080 s its gonna fall down quick
  • #709,028
  • Oct 17, 2012 10:56pm Oct 17, 2012 10:56pm
Quoting ForExtraPips
for wick traders, like me, 1.3035 is screaming at me.
It might go there too, have to wait at least 12 more hrs to go that level, besides spain's auction news...
  • #709,029
  • Oct 17, 2012 10:59pm Oct 17, 2012 10:59pm
Quoting forexhints
It might go there too, have to wait at least 12 more hrs to go that level, besides spain's auction news...
Spot on. I was showing at lunch time tomorrow, U.S. time. Good job.
Time turns trend. - W.D. Gann
  • #709,030
  • Oct 17, 2012 11:00pm Oct 17, 2012 11:00pm
Quoting metta87
if it breaks below the 3080 s its gonna fall down quick
I am guessing Spain's bond auction might take place after 3 hrs, till that time market will fall, no way to go up before that at the same time make some TP as you never no what happens :-)
  • #709,031
  • Oct 17, 2012 11:00pm Oct 17, 2012 11:00pm
I think we are heading south
  • #709,032
  • Oct 17, 2012 11:02pm Oct 17, 2012 11:02pm
See the vertical line there, and how it meets up with the other lines, by connecting tops and bottoms, where price meets time. Works wonders.
Attached Image (click to enlarge)
Click to Enlarge Name: see the vertical line.jpg Size: 147 KB
Time turns trend. - W.D. Gann
  • #709,033
  • Oct 17, 2012 11:03pm Oct 17, 2012 11:03pm
Quoting forexhints
I am guessing Spain's bond auction might take place after 3 hrs, till that time market will fall, no way to go up before that at the same time make some TP as you never no what happens :-)
Just took my tp out of fear. will re-evaluated my next entry before bed. you can never go broke if you take profit what's already on the table.
Time turns trend. - W.D. Gann
  • #709,034
  • Oct 17, 2012 11:07pm Oct 17, 2012 11:07pm
I thought there was a double top and called it while the bulls were squarely against me yesterday...awesome!

(Now if only I made some money on it.........)
  • #709,035
  • Oct 17, 2012 11:07pm Oct 17, 2012 11:07pm
Quoting ForExtraPips
See the vertical line there, and how it meets up with the other lines, by connecting tops and bottoms, where price meets time. Works wonders.
Yes its nice, BTW what is the name of your system/indicator?
  • #709,036
  • Oct 17, 2012 11:10pm Oct 17, 2012 11:10pm
Quoting forexhints
Yes its nice, BTW what is the name of your system/indicator?
I just use trend lines, 3 EMA's 50, 100, and 200 on the H1 then this indi. after drawing up my chart, it just talks to me, then I trade accordingly.
Attached File(s)
File Type: ex4 vS_PivotsD.ex4   45 KB | 247 downloads
Time turns trend. - W.D. Gann
  • #709,037
  • Oct 17, 2012 11:11pm Oct 17, 2012 11:11pm
Quoting d4amenace
I thought there was a double top and called it while the bulls were squarely against me yesterday...awesome!

(Now if only I made some money on it.........)
Don't you hate that. After I see the same situation before, but out of fear, do nothing. Just to see price do exactly what you predicted. Fear is a killer.
Time turns trend. - W.D. Gann
  • #709,038
  • Oct 17, 2012 11:14pm Oct 17, 2012 11:14pm
Opened my metatrader and my sell orders were activated.. xD Would've been nice if I got one on the 3150 line or somewhere near there..

now, the question is.. will it break?
There is nothing in the Universe but mathematical points of force.
  • #709,039
  • Oct 17, 2012 11:14pm Oct 17, 2012 11:14pm
I just put a buy limit in @ 1.3050. Now wondering where to put my sl
Time turns trend. - W.D. Gann
  • #709,040
  • Oct 17, 2012 11:17pm Oct 17, 2012 11:17pm
Quoting ForExtraPips
I just put a buy limit in @ 1.3050. Now wondering where to put my sl
It was lucky that i took profit my EUR/USD at 1.3129. Was having a tough time deciding whether to play through US data. So might as well book profit at 1.3129 yesterday at +14 pips. So now i have 30+ pips to recoup from the previous day lost. I am playing EURJPY for today, to get back my pips fast.
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