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  • #710,501
  • Oct 22, 2012 6:08pm Oct 22, 2012 6:08pm
EU has reacted to the Top of the ICCE channel...and is on track to try for the 61% level...provided it can get through the 3170 high resistances.

Another 170 pips of headroom will make for some nice scalping.

Best,

Eric.
Attached Image (click to enlarge)
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" Be always employed in something useful." - Benjamin Franklin
  • #710,502
  • Oct 22, 2012 6:23pm Oct 22, 2012 6:23pm
Quoting Chicky
What's the exact level it hit?

I am very much fond of such spikes. 9 out of 10 times, market does go there in a couple of days.
hey chicky

how have you been man? long time no talk
AVT INVENIAM VIAM AVT FACIAM
  • #710,503
  • Oct 22, 2012 6:30pm Oct 22, 2012 6:30pm
Quoting sidhujag
NY close registered a bull on gold.. use a trendline and buy
gold bull here atleast until LO
  • #710,504
  • Oct 22, 2012 6:32pm Oct 22, 2012 6:32pm
Quoting cougar73
...and is on track to try for the 61% level...
I'm curious what's a High & Low of the Fib. on your chart ... 'cos this doesn't match somehow to anything what I can find.
  • #710,505
  • Edited 7:05pm Oct 22, 2012 6:46pm | Edited 7:05pm
$yen tapping 80 watch out

edit 80 shown weakness
Mohan
  • #710,506
  • Oct 22, 2012 6:57pm Oct 22, 2012 6:57pm
.eu just broke back into main part of channel... upper rail target at 3107 minimum now

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  • #710,507
  • Oct 22, 2012 7:03pm Oct 22, 2012 7:03pm
Quoting KillerWhale
Why would I study monthly charts?

I'm here for 1 thing only, to get enough pips to pay my expenses and save enough to go for another day.
but your expenses are not monthly?? why you are not studying monthly candles?? or you pay by week??
  • #710,508
  • Oct 22, 2012 7:06pm Oct 22, 2012 7:06pm
Quoting Vachus
Does anyone know where is Almo ?
donīt know, want to vouch him since 2 weeks!!hoppefully in holidays or honeymoon!!inspired by me!! now itīs raining, imagining 3 weeks ago I was at kefalonia beaches, sun, summer...
  • #710,509
  • Oct 22, 2012 7:07pm Oct 22, 2012 7:07pm
Only 39 posts for 6+hrs, EU must have been boring. just kiddin
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #710,510
  • Oct 22, 2012 7:13pm Oct 22, 2012 7:13pm
Quoting Avir
Only 39 posts for 6+hrs, EU must have been boring. just kiddin
Eur is preparing something big...
  • #710,511
  • Oct 22, 2012 7:20pm Oct 22, 2012 7:20pm
Yes, so very true. Wednesday's news looks like the market should move. I hope to be on the right side.

Cheers

Quoting xandi
Eur is preparing something big...
  • #710,512
  • Oct 22, 2012 7:23pm Oct 22, 2012 7:23pm
Quoting QuantumLimit
Well it is my "conspiracy theory", and like I said I think it's closer to the truth than many would think.

But in the end, all that matters, is that I get that TP at 1.3200

Iīm with you, and if you get your conspiracy, even more!!!
  • #710,513
  • Oct 22, 2012 7:26pm Oct 22, 2012 7:26pm
Quoting xandi
Eur is preparing something big...
Thats what im thinking, it Didnt go down even to test the friday low, bounced like a wet cat at 24, now testing the top for the third time and in an hr we might see / may see that top goes too, if it goes above that little trend line next stop is 3116 and if that goes who knows, then again if that hold we need to try 2992 but 1.30 am here hence im gonna hit the bed. GL, will pop in during london some times, i need to have a test drive my new car tomo , laters
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #710,514
  • Oct 22, 2012 7:27pm Oct 22, 2012 7:27pm
Quoting disegnosys
Yes, so very true. Wednesday's news looks like the market should move. I hope to be on the right side.

Cheers
Itīs hard, no? in these cases, we must tight our stops, the moove should be big, and thereīs no room for retracements...
  • #710,515
  • Oct 22, 2012 7:40pm Oct 22, 2012 7:40pm
Good mm needed here. Now in the 4th quarter, year end wrap up for funds, U.S. elections, so a few big moves should come.

I banked %1 so far this week and still have some longs in for 1.3150 and 1.3250 zones.

Cheers

Quoting xandi
Itīs hard, no? in these cases, we must tight our stops, the moove should be big, and thereīs no room for retracements...
  • #710,516
  • Oct 22, 2012 7:56pm Oct 22, 2012 7:56pm
Quoting Avir
Thats what im thinking, it Didnt go down even to test the friday low, bounced like a wet cat at 24, now testing the top for the third time and in an hr we might see / may see that top goes too, if it goes above that little trend line next stop is 3116 and if that goes who knows, then again if that hold we need to try 2992 but 1.30 am here hence im gonna hit the bed. GL, will pop in during london some times, i need to have a test drive my new car tomo , laters
it's all due to yen moment , until yen reach it's target or rejected pa going to play this game
Mohan
  • #710,517
  • Oct 22, 2012 8:02pm Oct 22, 2012 8:02pm
WTF moves. Straight up move from here can be 3135
Founder of Sutherland Wave Principle
  • #710,518
  • Oct 22, 2012 8:08pm Oct 22, 2012 8:08pm
Quoting mohan76
it's all due to yen moment , until yen reach it's target or rejected pa going to play this game
I need to catch up with Yen, which i dont look at at all, but you "Asians" have lot of knloledge of, will try to keep up. just had my late dinner, laters Mohan
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #710,519
  • Edited 8:45pm Oct 22, 2012 8:22pm | Edited 8:45pm
Quoting Avir
I need to catch up with Yen, which i dont look at at all, but you "Asians" have lot of knloledge of, will try to keep up. just had my late dinner, laters Mohan
yen is a safe heven , out flow can affect all pair

80 rejected , 92 broken , next support @ 80/82
Mohan
  • #710,520
  • Oct 22, 2012 8:36pm Oct 22, 2012 8:36pm
Quoting 1candlepower
.eu just broke back into main part of channel... upper rail target at 3107 minimum now

Attachment
dollar index suggests move above 3100 will not be a straight line:

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index is bouncing off lowest tl
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