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  • #15,701
  • Nov 1, 2012 4:27am Nov 1, 2012 4:27am
Quoting T@rantula
We may see a range until NFP is over. US elections also on Tuesday, right? I presume we wont have a stronger intraweek or the start of intramonth trend before that.
ya.. i see what you are saying T... i decided to block out news from my charts a couple of years ago and have been doing much better since - however i do take into account news and avoid trading around them... for me every price move if done fundamentally has a technical affect/correlation on the charts... i still expect EU to fall before huge bull move...
  • #15,702
  • Nov 1, 2012 7:36am Nov 1, 2012 7:36am
Nice work T.. 66 broken. Bulls aren't gonna let this drop. I came out with 10 pips
  • #15,703
  • Nov 1, 2012 7:57am Nov 1, 2012 7:57am
Quoting jaylovin
Nice work T.. 66 broken. Bulls aren't gonna let this drop. I came out with 10 pips
Well done! For the next long entry wait for a retrace then buy it. Alternatively supply zone for scalp short comes at 3006-3010
  • #15,704
  • Nov 1, 2012 10:26am Nov 1, 2012 10:26am
Sorry for delay I am at work. I took another short at 2979.. I re checked my
Chart and it would be seriously something wrong for 3021 to break before visiting 2860. Now the complete wave I drew ends at 2852. Sorry on phone will explain later again.

I am bearish until 3021 breaks, and 2852 hits at least. ABC down goes below 2800 and the strongest level I have is 2785.
  • #15,705
  • Nov 2, 2012 3:31am Nov 2, 2012 3:31am
Today we have NFP report coming in. Pre NFP setups:

short EURUSD @ 2920 SL 2937 TP 2895

long GBPUSD @ 6112 SL 6095 TP 6135

Go with smaller poundage.

NFP setup: Watch the range IF figures come out better then expected, EURUSD and GBPUSD will spike up, then afterwards dollar should rally pulling the pairs down. Watch the range and try to sell atop of it.

If news come out a lot worse then expected we can expect fiber and cable to spike down then rally up.
  • #15,706
  • Nov 2, 2012 3:37am Nov 2, 2012 3:37am
Quoting T@rantula
Today we have NFP report coming in. Pre NFP setups:

short EURUSD @ 2920 SL 2937 TP 2895

long GBPUSD @ 6112 SL 6095 TP 6135

Go with smaller poundage.

NFP setup: Watch the range IF figures come out better then expected, EURUSD and GBPUSD will spike up, then afterwards dollar should rally pulling the pairs down. Watch the range and try to sell atop of it.

If news come out a lot worse then expected we can expect fiber and cable to spike down then rally up.

Hi T, good price level to sell from. 2852 should hit. I am thinking of a long scalp here.. Weekly indi have a long way down to go but it may be building bearish divergence. Keeping short still from 2979.
  • #15,707
  • Nov 2, 2012 4:12am Nov 2, 2012 4:12am
hi T@rantula,

just a question out of interest:
after the break below to the 1.2860 area: do you still hold to your setup in case it pops back up:
or do you nullify it

Thanks
Ati

Quoting T@rantula
Pre NFP setups:
short EURUSD @ 2920 SL 2937 TP 2895
Money is important, Love is essential.
  • #15,708
  • Nov 2, 2012 6:14am Nov 2, 2012 6:14am
Quoting T@rantula
Today we have NFP report coming in. Pre NFP setups:

short EURUSD @ 2920 SL 2937 TP 2895

long GBPUSD @ 6112 SL 6095 TP 6135

Go with smaller poundage.

NFP setup: Watch the range IF figures come out better then expected, EURUSD and GBPUSD will spike up, then afterwards dollar should rally pulling the pairs down. Watch the range and try to sell atop of it.

If news come out a lot worse then expected we can expect fiber and cable to spike down then rally up.
Thanks T for insight..
  • #15,709
  • Nov 2, 2012 6:56am Nov 2, 2012 6:56am
I am long theEURO fairly much based on resistance area..i see on USDX.. also looking for Scalps.. on 1 min
Attached Image (click to enlarge)
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  • #15,710
  • Nov 2, 2012 8:01am Nov 2, 2012 8:01am
So target hit. A bounce to 1.2920? Lets see. I see 1.2952 broke though so we will probably go lower but I doubt today. Long from 1.2852 - stops at be
  • #15,711
  • Nov 2, 2012 8:51am Nov 2, 2012 8:51am
Quoting jaylovin
So target hit. A bounce to 1.2920? Lets see. I see 1.2952 broke though so we will probably go lower but I doubt today. Long from 1.2852 - stops at be
  • #15,712
  • Nov 2, 2012 9:15am Nov 2, 2012 9:15am
Watch for 2785 to break then 2660 then 23.. Not ruling this out
  • #15,713
  • Nov 2, 2012 9:24am Nov 2, 2012 9:24am
weekly now looks quiet bearish

EMA 21 on weekly at 2790

around that level layers of support

on daily EMA 120 at 2789


further layers of support between 2840 and 2820


good fib targets around 2825



best R:R around 2800 to 2790 for a countertrend trade. May target then either highs around 3122 to 3184 or simply test again the 2876 to 2894 resistance cluster.

When the 2790 support shelf gives way we are open 2695 and deeper
  • #15,714
  • Nov 2, 2012 9:28am Nov 2, 2012 9:28am
Quoting infinitus
weekly now looks quiet bearish

EMA 21 on weekly at 2790

around that level layers of support

on daily EMA 120 at 2789


further layers of support between 2840 and 2820


good fib targets around 2825



best R:R around 2800 to 2790 for a countertrend trade. May target then either highs around 3122 to 3184 or simply test again the 2876 to 2894 resistance cluster.

When the 2790 support shelf gives way we are open 2695 and deeper
I agree with u mate...Only a weekly close above 2960 suggest bullish PA next week and I think it wont happen.
  • #15,715
  • Edited 2:32am Nov 5, 2012 1:39am | Edited 2:32am
Morning early setup.

Short EU 2850-60 SL 2780 TP 2815 TP2: 2790
  • #15,716
  • Nov 5, 2012 1:52am Nov 5, 2012 1:52am
Quoting T@rantula
Morning early setup.

Short EU 2750-60 SL 2780 TP 2815 TP2: 2790
EU presently at 2808, countering possible at 2775.
  • #15,717
  • Nov 5, 2012 2:29am Nov 5, 2012 2:29am
Quoting T@rantula
Morning early setup.

Short EU 2750-60 SL 2780 TP 2815 TP2: 2790
Good morning Mr. T.,


hope your weekend was nice :-)


Please check your numbers - something got wrong, I think
  • #15,718
  • Nov 5, 2012 2:32am Nov 5, 2012 2:32am
Quoting infinitus
Good morning Mr. T.,


hope your weekend was nice :-)


Please check your numbers - something got wrong, I think
Yes corrected, should have been 2850-60 instead of 27xx, thanks.

Yes, a nice weekend, thanx for asking, hope urs went well too.
  • #15,719
  • Nov 5, 2012 2:48am Nov 5, 2012 2:48am
Quoting T@rantula
Yes corrected, should have been 2850-60 instead of 27xx, thanks.

Yes, a nice weekend, thanx for asking, hope urs went well too.
I have the 2850-2860 on my screens too, with a maximum of around 2890


mainly due to EW considerations as well as fib-fans and channels



sorry, am on smartphone and not able to post charts


so my plan:


short the DPP at 2867 SL 2897 TP around 2815, but will watch wave structure to fine tune it
  • #15,720
  • Nov 5, 2012 5:09am Nov 5, 2012 5:09am
Quoting infinitus
I have the 2850-2860 on my screens too, with a maximum of around 2890


mainly due to EW considerations as well as fib-fans and channels



sorry, am on smartphone and not able to post charts


so my plan:


short the DPP at 2867 SL 2897 TP around 2815, but will watch wave structure to fine tune it
2780 got rejected. I agree with ur plan, I will short it too, wanna see PA higher preferably around DPP.( 2867)
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