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EURUSD

  • #710,141
  • Oct 21, 2012 10:05am Oct 21, 2012 10:05am
Quoting Doc'
... a buy ?!
It can be anything.
To play safe enter both.
  • #710,142
  • Oct 21, 2012 10:08am Oct 21, 2012 10:08am
Quoting DudeSepii
It can be anything.
To play safe enter both.
I think this triangle does not fit in h1 in the current market h1!
  • #710,143
  • Oct 21, 2012 10:14am Oct 21, 2012 10:14am
Quoting Tsar
http://ruforum.mt5.com/images/smilies/bablo.gif http://ruforum.mt5.com/images/smilies/rofl.gif
predicting the market before it shows it arse... definitely a coin toss
  • #710,144
  • Oct 21, 2012 11:40am Oct 21, 2012 11:40am
support at 1.3000 and resistance at 1.3050 will prove they self. daily close above the resistance is bullish while daily close below the support is bearish till oversold. lets wait for PA to determine.
forexpillariscipline & patience Trader
  • #710,145
  • Oct 21, 2012 11:53am Oct 21, 2012 11:53am
Quoting paulyjah
support at 1.3000 and resistance at 1.3050 will prove they self. daily close above the resistance is bullish while daily close below the support is bearish till oversold. lets wait for PA to determine.
4H is already oversold.. so...
A 1 pip gain is better than a 1 pip loss.
  • #710,146
  • Oct 21, 2012 1:51pm Oct 21, 2012 1:51pm
very short term my number is 3085, above that i dont know i will update my numbers in "live" trading tomorrow,

as for prediction if 2991 holds then 3177 is one number and another are 3203/04/05, i have no number above 3205, if breaks above it then i will update again till then just relax and be happy!

note: i will be looking to buy around 1.3001/03 or 2997/98, or we might not dip to 1.3000000.... ISH
Learning Requires Failure
  • #710,147
  • Oct 21, 2012 2:12pm Oct 21, 2012 2:12pm
Quoting tirmizi
very short term my number is 3085, above that i dont know i will update my numbers in "live" trading tomorrow,

as for prediction if 2991 holds then 3177 is one number and another are 3203/04/05, i have no number above 3205, if breaks above it then i will update again till then just relax and be happy!

note: i will be looking...
If it breaks the 1.3000 level the next stop is 1.2850. Its upside momentum is finished for the short term. I suspect we will see 1.2650 before we visit the 1.3171 level again.
  • #710,148
  • Oct 21, 2012 2:14pm Oct 21, 2012 2:14pm
Quoting gustavhunter
If it breaks the 1.3000 level the next stop is 1.2850. Its upside momentum is finished for the short term. I suspect we will see 1.2650 before we visit the 1.3171 level again.
Agreed
  • #710,149
  • Oct 21, 2012 2:14pm Oct 21, 2012 2:14pm
Quoting gustavhunter
If it breaks the 1.3000 level the next stop is 1.2850. Its upside momentum is finished for the short term. I suspect we will see 1.2650 before we visit the 1.3171 level again.
it all depends on PA.
forexpillariscipline & patience Trader
  • #710,150
  • Oct 21, 2012 2:16pm Oct 21, 2012 2:16pm
Quoting paulyjah
it all depends on PA.
right now (thin volumes, pre opening hours) euro trading at about 5 pips down from Friday night 8:15pm London time
  • #710,151
  • Oct 21, 2012 2:34pm Oct 21, 2012 2:34pm
Quoting wiseambition
right now (thin volumes, pre opening hours) euro trading at about 5 pips down from Friday night 8:15pm London time
where ???
  • #710,152
  • Oct 21, 2012 2:36pm Oct 21, 2012 2:36pm
Quoting DudeSepii
where ???
on mt4 brokers and brokers on their own platforms who start earlier than usual, also on
http://www.xe.com/ucc/?r=3#rates

  • #710,153
  • Oct 21, 2012 2:50pm Oct 21, 2012 2:50pm
Quoting wiseambition
on mt4 brokers and brokers on their own platforms who start earlier than usual, also on
http://www.xe.com/ucc/?r=3#rates

Looks like there will be a GAP down......
  • #710,154
  • Oct 21, 2012 2:54pm Oct 21, 2012 2:54pm
Attached Image (click to enlarge)
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Please an experienced trader enlighten me, this time I am confused!

At middle of Sept it was a higher high, than a retracement: a lower high, which is expected.

Than at the end of Sept a lower high, which should be a sign of trend reversal and break the bottom. But the it was formed a double bottom, which is a sich of high probability uptrend. It went up, but couldn't touch the previous high, with good intention I would say a double top? and started to fall.

Technically we are above of the monthly EMA, so we should search for long positions to follow the trend.

If the okt 16,17,18 candles would be green than I would understand whats happening, but now not. Any explanition here or on PM?

thanks in advice!
I want to buy PATIENCE
  • #710,155
  • Oct 21, 2012 3:01pm Oct 21, 2012 3:01pm
area between 23 and 38 fibo will by the key
Attached Image (click to enlarge)
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The market was bullish, turned bearish, and you'are brokish!!!
  • #710,156
  • Oct 21, 2012 3:05pm Oct 21, 2012 3:05pm
and I'm short gold
Attached Image (click to enlarge)
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The market was bullish, turned bearish, and you'are brokish!!!
  • #710,157
  • Oct 21, 2012 3:30pm Oct 21, 2012 3:30pm
There is news on very local channels that Kuwait is having some political unrest and some locals are speaking about a military coupe ... Its speculation and no one knows exactly whats happening , so please don't trade on anything based on that.
"It's the Margin, Stupid."
  • #710,158
  • Oct 21, 2012 4:20pm Oct 21, 2012 4:20pm
Goiler now says go short with TP 1.2971 - the distance is less than normal, presumably it's working out something to do with the ATR from Friday

Enter at own peril, it hasnt been very accurate the last week, however there still seems to be a downward feel to this market, it doesnt seem to want to shoot up quick
  • #710,159
  • Oct 21, 2012 4:24pm Oct 21, 2012 4:24pm
Quoting matheszabi
Attachment

Please an experienced trader enlighten me, this time I am confused!

At middle of Sept it was a higher high, than a retracement: a lower high, which is expected.

Than at the end of Sept a lower high, which should be a sign of trend reversal and break the bottom. But the it was formed a double bottom, which is a sich of high probability uptrend. It went up, but couldn't touch the previous high, with good intention I would say a double top? and started to fall.

Technically we are above of the monthly EMA, so we should...
If tops are abrupt or don't make sense, start looking at the bottoms.

Line of least resistance is seldom unaligned.
The Thief of Wall Street
  • #710,160
  • Oct 21, 2012 4:28pm Oct 21, 2012 4:28pm
bought 19,5

sl 12,5
tp 74

gn
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