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  • #711,921
  • Oct 28, 2012 10:03am Oct 28, 2012 10:03am
That's basically sums it up on the market and so far I'm playing the long side breakout buying dips. I may change my view and trade the short side once the E/U breaks short of this range, maybe this week or the next, or who knows when.

Cheers

Quoting ForexMGames
EURUSD is currently resisted by another super long term trendline on the daily. Point 3 of the falling channel was touched last week.

http://i46.tinypic.com/30ni4ut.png

Will EURUSD break above this down trendline? To answer that, lets take a closer look. Lets see the price action on the 4hr chart. There are 2 possible ways to analyze the 4hr chart.

For the bullish traders, EURUSD is in a symmetrical triangle. Symmetrical triangles are usually continuation patterns. Since the trend is up, the bullish traders will want to try bring...
  • #711,922
  • Oct 28, 2012 10:18am Oct 28, 2012 10:18am
Quoting paulyjah
my man u'r correct. but the bull is not that kind strong. i close my short position on friday due to the symmetrical triangle. am aside now untill i see a clear entering setup.
The bull is resting. Spain's bailout request should provide the fuel for the bull to continue running.
  • #711,923
  • Oct 28, 2012 10:19am Oct 28, 2012 10:19am
Quoting disegnosys
That's basically sums it up on the market and so far I'm playing the long side breakout buying dips. I may change my view and trade the short side once the E/U breaks short of this range, maybe this week or the next, or who knows when.

Cheers
I am leaning towards buying dips too for this week. In anticipation of the upside breakout above the triangle. As long as double top does not form, that will be my plan.
  • #711,924
  • Oct 28, 2012 11:43am Oct 28, 2012 11:43am
Quoting hindustani
http://img84.imageshack.us/img84/4872/68102007.gif

Hi Hindustani, Hi Everyone! Somebody help me! What are the settings on the Hindustani chart?
Thx guys!
  • #711,925
  • Oct 28, 2012 1:14pm Oct 28, 2012 1:14pm
Quoting -Dagobert-
Hi Hindustani, Hi Everyone! Somebody help me! What are the settings on the Hindustani chart?
Thx guys!

...Sorry and What lines are you using? (line orange, line purple)
settings?

thx!!!!
  • #711,926
  • Oct 28, 2012 2:13pm Oct 28, 2012 2:13pm
Quoting the redlion
mathematically it is possible

1.2996 would be at sigma one

and 1.2883 would be negative sigma one
1.2826 is negative sigma two
Can you please explain how you calculate Sigma and its range in positive or negative ?
"It's the Margin, Stupid."
  • #711,927
  • Oct 28, 2012 2:35pm Oct 28, 2012 2:35pm
Quoting Vachus
Can you please explain how you calculate Sigma and its range in positive or negative ?
I think its a standard normal distribution using the centre of the equidistant channel as a mean
Even the worst trade can close with profit. Just give it time.
  • #711,928
  • Oct 28, 2012 2:35pm Oct 28, 2012 2:35pm
Quoting John Gray
I think its a standard normal distribution using the centre of the equidistant channel as a mean
i dont see the point of it. just use fibs, i mean all the players have entries there anyway, so they work.
Even the worst trade can close with profit. Just give it time.
  • #711,929
  • Oct 28, 2012 4:19pm Oct 28, 2012 4:19pm
I am receiving error "Trade is disable". Is there anyone else? Any Information about this error?
Love for all; Hatred for none.
  • #711,930
  • Oct 28, 2012 4:23pm Oct 28, 2012 4:23pm
Quoting aahmad29
I am receiving error "Trade is disable". Is there anyone else? Any Information about this error?
It means your trader is not on yet. I guess it is still sleeping.
  • #711,931
  • Oct 28, 2012 4:25pm Oct 28, 2012 4:25pm
Quoting ForexMGames
I am leaning towards buying dips too for this week. In anticipation of the upside breakout above the triangle. As long as double top does not form, that will be my plan.
Me too...............
  • #711,932
  • Oct 28, 2012 4:27pm Oct 28, 2012 4:27pm
Quoting DudeSepii
It means your trader is not on yet. I guess it is still sleeping.
I am with Alpari and i never had that issue before. It is UK company so their help support will be available at London market open. I have no idea what to do?
Love for all; Hatred for none.
  • #711,933
  • Oct 28, 2012 4:34pm Oct 28, 2012 4:34pm
Man.....i have a spread of 8 pips at this early hour.
  • #711,934
  • Oct 28, 2012 4:36pm Oct 28, 2012 4:36pm
Quoting aahmad29
I am receiving error "Trade is disable". Is there anyone else? Any Information about this error?
Where's your broker located at? Maybe affected by the time change?
Time turns trend. - W.D. Gann
  • #711,935
  • Oct 28, 2012 4:38pm Oct 28, 2012 4:38pm
UK Broker Alpari. I have spread 2 Pips.
Love for all; Hatred for none.
  • #711,936
  • Oct 28, 2012 4:48pm Oct 28, 2012 4:48pm
Quoting aahmad29
I am with Alpari and i never had that issue before. It is UK company so their help support will be available at London market open. I have no idea what to do?
I had this issue las week. It happen right after the market open. You should wait for a couple of minute and everything will be alright
Alternatives are more important than the plan itself
  • #711,937
  • Oct 28, 2012 4:48pm Oct 28, 2012 4:48pm
Oct 28, 2012 19:14 (3 hr ago)

Highest been aprox. 1.2967 already and this represents daily pivotal RES 1 ...


2012-10-26_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-44 # EY51 (NA)


A sell the rallies situation at first ...


OUTLOOK:

This is our anticipation for the trading sessions ahead ... while prices are at aprox. 1.2935 at the present time ...

"Additional Explanation"

Reason:

Set for another move down to below 1.2916 (door at 1.2911) or to below 1.2893 at first ...

Major support at around 1.2883 might be re-tested as well ...

If mkt reverses there then we might see another upmove ...

Resistances at around 1.2966 - 1.2990 then ...

Neutral position trade bias (±0) at the moment ...

Elliottwise down from last turning point 1.3023 correction down 1.2903 or elongated flat correction down 1.2857 ...

First down - then up again ...

Daily directional stop (End of day stop) at 1.2884 limit (bearish territory) ... or at 1.3034 limit (bullish territory)






;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #711,938
  • Edited 5:11pm Oct 28, 2012 4:52pm | Edited 5:11pm
by the way guys, Last week, I saw on forexfactory news saying that TROIKA will give 2 extra year to Greece to finnish their deal, it that true or there is something else that I missed
Alternatives are more important than the plan itself
  • #711,939
  • Oct 28, 2012 5:01pm Oct 28, 2012 5:01pm
Come on.............

Ill come back in half an hour
Attached Image (click to enlarge)
Click to Enlarge Name: au slippage.PNG Size: 15 KB
Even the worst trade can close with profit. Just give it time.
  • #711,940
  • Oct 28, 2012 5:26pm Oct 28, 2012 5:26pm
just entered long tp 1.296
Attached Image (click to enlarge)
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Even the worst trade can close with profit. Just give it time.
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