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EURUSD

  • #709,561
  • Oct 18, 2012 5:22pm Oct 18, 2012 5:22pm
Quick survey for the EUR/USD based on latest rollover-close ...




2012-10-18_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-42 # E31 (NA)

2012-10-18_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-42 # EY51 (NA)

A "buy on dips mode" is favoured at first ...

We did buy a few positions below current price levels (at 1.30593) and NY-Session lows around 1.30567 (20h57 CET) ...

Afterwards we did cover major parts @ 1.30700 ...

TGTs eyed for are favouring one more move towards 1.3112 or even towards 1.3136 - 1.3157 in case of an extention ...






;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #709,562
  • Oct 18, 2012 5:56pm Oct 18, 2012 5:56pm
My humble opinion.
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Just ignore me. Thanks.
  • #709,563
  • Oct 18, 2012 6:08pm Oct 18, 2012 6:08pm
Quoting kiranitoot
It is bear on the monthly and daily. Bull on H4(still bear at the moment) and hourly. What do you guys think? I'm talking about oversold and overbought instances.

Uppercut again?
nope no uppercut, bull is fuked
If you are new to Forex? Say Goodbye to your account!!
  • #709,564
  • Oct 18, 2012 6:35pm Oct 18, 2012 6:35pm
I see this:
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  • #709,565
  • Oct 18, 2012 7:01pm Oct 18, 2012 7:01pm
If it can't stay above 70, I have 3025 below..
  • #709,566
  • Oct 18, 2012 7:04pm Oct 18, 2012 7:04pm
I am keeping my sell. Look at my chart and the red line. Please let me know what u think...

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.JPG Size: 92 KB
  • #709,567
  • Oct 18, 2012 7:05pm Oct 18, 2012 7:05pm
Quoting HCGroup
I see this:
nice charts

what direction do you see though?

i closed 75 short @ 67

i see another move up before down, fresh daily candle as of 7 mins ago
Be hopeful in a winning position, and fearful in a losing position.
  • #709,568
  • Oct 18, 2012 7:06pm Oct 18, 2012 7:06pm
Quoting KiwiTrada
nope no uppercut, bull is fuked
Nooo.. o.O
And I just closed my positions from 3125-3132.. x.x
Anyhow, daily closed with a good selling entry signal.
There is nothing in the Universe but mathematical points of force.
  • #709,569
  • Oct 18, 2012 7:11pm Oct 18, 2012 7:11pm
Quoting attila
Try an RSI(2) instead of that CCI
i tried it, liking it quite a bit. i think RSI 14 is perfect for tick charts but for time charts, its absolutely horrible, this RSI 2 is much better for time charts
Be hopeful in a winning position, and fearful in a losing position.
  • #709,570
  • Oct 18, 2012 7:11pm Oct 18, 2012 7:11pm
Quoting Rag2RichesFX
nice charts

what direction do you see though?

i closed 75 short @ 67

i see another move up before down, fresh daily candle as of 7 mins ago

up....
  • #709,571
  • Oct 18, 2012 7:16pm Oct 18, 2012 7:16pm
Quoting TRMZXT
up....
okay..........

you cant just post a chart saying "this is what I see" without a call for what direction. all we saw was some indicators so i personally had no idea what direction you were predicting..

but like i said nice chart
Be hopeful in a winning position, and fearful in a losing position.
  • #709,572
  • Oct 18, 2012 7:21pm Oct 18, 2012 7:21pm
Quoting Rag2RichesFX
i tried it, liking it quite a bit. i think RSI 14 is perfect for tick charts but for time charts, its absolutely horrible, this RSI 2 is much better for time charts
14 gives you the overall trend, the 2 gives you the top/bottom of THIS move.
  • #709,573
  • Oct 18, 2012 7:28pm Oct 18, 2012 7:28pm
Quoting attila
14 gives you the overall trend, the 2 gives you the top/bottom of THIS move.
perhaps the rsi 2 is what the scalping algos use your right.. and its kind of like divergence for the tick by tick chart.. you know, the true scalpers, those holding trades for less than 1 minute (its almost too perfect thats how you know its algorithms)

maybe one day when im trading 100 million stuff per day they will give me 0.1 commission along with the 0.0-0.2 raw spreads i already have i can scalp every turn of the market just like the state of the art algos do

seriously i was thinking about the potential of a 0.3 pip cost to trade... would allow for many 3-5 pip scalps throughout the day, only risking 2 pips or so (and there is plenty of 3-5 pip swings in between the 10 pip+ swings)
Be hopeful in a winning position, and fearful in a losing position.
  • #709,574
  • Oct 18, 2012 7:30pm Oct 18, 2012 7:30pm
Quoting Rag2RichesFX
maybe one day when im trading 100 million stuff per day they will give me 0.1 commission along with the 0.0-0.2 spreads and i can scalp every turn of the market just like the state of the art algos do
hmm.. yes... there's still a way to do that though..but it's a different trading style than what most traders use..
  • #709,575
  • Oct 18, 2012 7:33pm Oct 18, 2012 7:33pm
Quoting Rag2RichesFX
okay..........

you cant just post a chart saying "this is what I see" without a call for what direction. all we saw was some indicators so i personally had no idea what direction you were predicting..

but like i said nice chart
sorry i left ff coz i thought everybody went to bed.
i think price is on trend line and after little fall, it will rise again to the channel.
this is what i think and sure it will be wrong
thank you bro for make me hopeful, tnx
  • #709,576
  • Oct 18, 2012 7:47pm Oct 18, 2012 7:47pm
Quoting attila
If it can't stay above 70, I have 3025 below..
make that 3047.
  • #709,577
  • Oct 18, 2012 7:51pm Oct 18, 2012 7:51pm
Quoting KiwiTrada
nope no uppercut, bull is
trying to figure out what really happen last night , i had bearish view but did not expected this much fall specially on cable (macro i left from my 16 pip eu shot now showing 55 pips )
Mohan
  • #709,578
  • Oct 18, 2012 7:56pm Oct 18, 2012 7:56pm
Quoting attila
make that 3047.
100% agree with you. if 1.3070 holds, (as i pointed it on my charts earlier) price will rise again to 1.3128 and after that 1.3171.
but at first 1.3070 should hold.
i think it will goes down a little then it should rise to the channel's R.
bro, share your thought with me, you think is my chart correct?

attached again:
Attached Image (click to enlarge)
Click to Enlarge Name: EUR.PNG Size: 60 KB
  • #709,579
  • Oct 18, 2012 7:57pm Oct 18, 2012 7:57pm
cpl program generated view, discretion is advised on what you see

4h and daily euro
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"Millionaires don't use astrology, billionaires do"
  • #709,580
  • Oct 18, 2012 8:01pm Oct 18, 2012 8:01pm
Quoting HCGroup
100% agree with you. if 1.3070 holds, (as i pointed it on my charts earlier) price will rise again to 1.3128 and after that 1.3171.
but at first 1.3070 should hold.
i think it will goes down a little then it should rise to the channel's R.
bro, share your thought with me, you think is my chart correct?

attached again:
your chart is correct.. Instead of the equidistant channel I would try the linear regression one and try to make it be as close as possible to the last 3 COMPLETED swings.. that should point you to the end of the 4th one... most of the times, lol.

Also, the RSI in the first chart (higher TF) has some ways to go down, the other one is bottomed (so it may bounce), so if it goes up, it'll drop at the end to complete the higher TF cycle. How far? PA will say.
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