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  • #37,981
  • Oct 24, 2012 11:24pm Oct 24, 2012 11:24pm
Quoting smikester
Man, don't mention the shorts!
So, what to mention then - again that TL on daily has holded the pair .1. 292.. area given more importance than 2980..
finding A M S
  • #37,982
  • Oct 24, 2012 11:29pm Oct 24, 2012 11:29pm
The 1.300 broken.
All bets are off

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  • #37,983
  • Oct 24, 2012 11:31pm Oct 24, 2012 11:31pm
Quoting prashant7
So, what to mention then - again that TL on daily has holded the pair .1. 292.. area given more importance than 2980..
... personally ...
Chonchy, not lAgo-Chonchy, has taught me quiet a few tricks regarding scalping.
and I welcome his trading views.
  • #37,984
  • Oct 24, 2012 11:33pm Oct 24, 2012 11:33pm
Quoting chonchy
real money or play money?
Freeroll, this means play money but from this tournament I won a ticket to a tournament where I can win real money.
I'm 20 years old and i'm actually not allowed to play poker. You have to be 21 here.
  • #37,985
  • Edited 11:46pm Oct 24, 2012 11:33pm | Edited 11:46pm
Need to find a tutorial on making dashboards with metatrader...
or contact one programmmer. might go for contacting a programmer.
Trading day done. bbl.
  • #37,986
  • Oct 24, 2012 11:49pm Oct 24, 2012 11:49pm
Mornin'

I don't think we will break easily the 3020 zone.
I could be wrong on this one.
But i've ta a short @ 3009 and i'm stop @ 3025

Still looking for sub 1.29
  • #37,987
  • Oct 24, 2012 11:52pm Oct 24, 2012 11:52pm
Quoting prashant7
So, what to mention then - again that TL on daily has holded the pair .1. 292.. area given more importance than 2980..
Hi prashant. It certainly did hold. The big bug for me is that this pair is now on its 5th weekly inside bar. Well the first one was not really an inside bar but you get my drift. Given that IB's are usually traded in the direction of the trend, but sometimes are reversal bars, perhaps the first one is a rejection of the high, as though it were a three week bearish pin bar. Of course, when I pull up a 3 week chart it doesn't choose the 3 weeks which I need, but produces this, which looks like a hikakke. We need baz to cast an eye over it:

Attached Image (click to enlarge)
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Above is a 3 week chart
Gone to a better place
  • #37,988
  • Oct 25, 2012 12:12am Oct 25, 2012 12:12am
Quoting dswk
Mornin'

I don't think we will break easily the 3020 zone.
I could be wrong on this one.
But i've ta a short @ 3009 and i'm stop @ 3025

Still looking for sub 1.29
I'm short off 1.2950, sl 1.32
Gone to a better place
  • #37,989
  • Oct 25, 2012 12:15am Oct 25, 2012 12:15am
Quoting jasakreatif
what is this ?
I'm not sure. Is it a harmonic pattern? Help!
Gone to a better place
  • #37,990
  • Oct 25, 2012 12:22am Oct 25, 2012 12:22am
Quoting smikester
I'm not sure. Is it a harmonic pattern? Help!
No. Nothing liked to harmonic. But i don't know what is it too
  • #37,991
  • Oct 25, 2012 12:35am Oct 25, 2012 12:35am
Quoting smikester
Hi prashant. It certainly did hold. The big bug for me is that this pair is now on its 5th weekly inside bar. Well the first one was not really an inside bar but you get my drift. Given that IB's are usually traded in the direction of the trend, but sometimes are reversal bars, perhaps the first one is a rejection of the high, as though it were a three week bearish pin bar. Of course, when I pull up a 3 week chart it doesn't choose the 3 weeks which I need, but produces this, which looks like a hikakke. We need baz to cast an eye over it:

Attachment

Above...
So if this 3 week candle closes in green then its side ways for next month . But this price action around 1.28.. to 1.34.. goes nowhere and confuses almost every trader with a mid or long term bias - with a focus, range traders are better off with this pair with exemption of some fake breakouts .
finding A M S
  • #37,992
  • Oct 25, 2012 12:43am Oct 25, 2012 12:43am
Commerzbank :

The downside focus is the 1.2890/36 support (200 day ma and uptrend): “The 200 day ma has been the focus of a lot of attention recently and we would allow for this to hold the initial test”, wrote analyst Karen Jones, expecting a negative reaction in case of a failure there. “It should be noted that we are viewing the pattern more negatively it looks more like a potential top than a continuation pattern at this stage”, Jones added, pointing to targets at 1.2738 and 1.2605 (38.2% and 50% retracements) past a break of the 200-day MA. Resistance is at 1.3030/84 ahead of the more important 1.3140/80 zone.


just for info... But BTW, last week they was looking for a uptrend ... So ... take it carefully...
  • #37,993
  • Oct 25, 2012 12:52am Oct 25, 2012 12:52am
SPX testing resistance now:

Attached Image (click to enlarge)
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Gone to a better place
  • #37,994
  • Oct 25, 2012 12:55am Oct 25, 2012 12:55am
.......good morning everyone and every sweet hearts in the thread, LAgo's. logo's and algo's........

jesus this thread is imposible to keep up with.....lately......
The Chonchy
  • #37,995
  • Oct 25, 2012 12:59am Oct 25, 2012 12:59am
Quoting prashant7
So if this 3 week candle closes in green then its side ways for next month . But this price action around 1.28.. to 1.34.. goes nowhere and confuses almost every trader with a mid or long term bias - with a focus, range traders are better off with this pair with exemption of some fake breakouts .
I'm keeping an eye on equities. See above. and Good Morning Chonchy.
Gone to a better place
  • #37,996
  • Oct 25, 2012 1:02am Oct 25, 2012 1:02am
hourly and 4h close solid above yesterday high - eye on 1.306 above
If there was easy money lying around,no one would be forcing it into your
  • #37,997
  • Oct 25, 2012 1:04am Oct 25, 2012 1:04am
Quoting prashant7
So, what to mention then - again that TL on daily has holded the pair .1. 292.. area given more importance than 2980..

..........prashant7, don't mind Sir. smikester, he is just pulling my legs, mention anything you want, here is freedom of speech in this thread we are bound to the constitution........here, ask away bro, ask away......

http://www.incredibleart.org/links/constitution.jpg
The Chonchy
  • #37,998
  • Oct 25, 2012 1:06am Oct 25, 2012 1:06am
......It broke my triangle and my box also, so is up for me, me think, rise and repeat, long from 2980, lock in profits at +1, good luck to all.........

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The Chonchy
  • #37,999
  • Oct 25, 2012 1:11am Oct 25, 2012 1:11am
Quoting smikester
I'm keeping an eye on equities. See above. and Good Morning Chonchy.
.......Good Morning Sir Smikester.......
The Chonchy
  • #38,000
  • Oct 25, 2012 1:21am Oct 25, 2012 1:21am
.....We broke the wedge north, I'm long one more trade here, besides the 2980 /+1.......let see if I get lucky......

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The Chonchy
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