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  • #9,121
  • Nov 6, 2012 3:39am Nov 6, 2012 3:39am
Quoting smart pivots
i should wait for another candle .
SDP still holds at 1.27889.
H1 bearish TL is completely valid.
===> uptrend is not confirmed yet
(gold is going up.)
after confirmation i just waited for TL to be kissed again by the price in order to decrease risk
Attached Image (click to enlarge)
Click to Enlarge Name: eu3.gif Size: 16 KB
  • #9,122
  • Nov 6, 2012 3:40am Nov 6, 2012 3:40am
A breakout sustained above 1.2805 is bullish correction. Careful shorts. 4 hour fractal forming.
"My 2 cents"
  • #9,123
  • Nov 6, 2012 3:41am Nov 6, 2012 3:41am
as said today we will have many of those
FAKE VOLATIL moves

it is difficoult to determine if it is FAKE ot NOT

Quoting mok1one
Well..didn't see that coming
  • #9,124
  • Nov 6, 2012 3:42am Nov 6, 2012 3:42am
Quoting Stimulus
A breakout sustained above 1.2805 is bullish correction. Careful shorts. 4 hour fractal forming.
2nd attempt above daily pivot. Looks more promising for longs than last attempt.
"My 2 cents"
  • #9,125
  • Nov 6, 2012 3:43am Nov 6, 2012 3:43am
miind that BIGS will hear before us.
& positins will be build before we react
  • #9,126
  • Nov 6, 2012 3:44am Nov 6, 2012 3:44am
2828
oooorrrr
2843

still POSS!!!

Quoting Stimulus
2nd attempt above daily pivot. Looks more promising for longs than last attempt.
  • #9,127
  • Nov 6, 2012 3:46am Nov 6, 2012 3:46am
I prefer
Quoting stevewalker
with actual technical formations;
even if we will be cought by a reverse move, it is better to be cought with Shorts rather then Longs

this I can say only.
  • #9,128
  • Nov 6, 2012 3:46am Nov 6, 2012 3:46am
whats with the sudden spike down n spike up. Btw, the election is all day right? So what time is good to trade with the news?
  • #9,129
  • Nov 6, 2012 3:48am Nov 6, 2012 3:48am
Quoting stevewalker
2828
oooorrrr
2843

still POSS!!!
always bud. but the push for new lows was only 4 pips.

1.2780 should hold for bullish wave count. otherwise look for new lows.
"My 2 cents"
  • #9,130
  • Nov 6, 2012 3:48am Nov 6, 2012 3:48am
better dont trade news
listen news & trade technicals
they match

only an advise

Quoting ckyon1
whats with the sudden spike down n spike up. Btw, the election is all day right? So what time is good to trade with the news?
  • #9,131
  • Nov 6, 2012 3:49am Nov 6, 2012 3:49am
Quoting stevewalker
I prefer
the trend is always your best friend if you can handle the DD.
"My 2 cents"
  • #9,132
  • Nov 6, 2012 3:50am Nov 6, 2012 3:50am
Quoting smart pivots
after confirmation i just waited for TL to be kissed again by the price in order to decrease risk
Attachment
SL===>BE
curent Smart Dynamic Pivot(SDP)=1.27871
  • #9,133
  • Nov 6, 2012 3:51am Nov 6, 2012 3:51am
what I see actually.
for actual situation.

*********
price spiking up with new high every time.
this means it is filling shorts there but then muving up again.
this means short pendings are getting weaken
this means up move getting more POSS



Quoting Stimulus
always bud. but the push for new lows was only 4 pips.

1.2780 should hold for bullish wave count. otherwise look for new lows.
  • #9,134
  • Nov 6, 2012 3:53am Nov 6, 2012 3:53am
Quoting Stimulus
A breakout sustained above 1.2805 is bullish correction. Careful shorts. 4 hour fractal forming.
1 hour open above dpivot very long constructive.
"My 2 cents"
  • #9,135
  • Nov 6, 2012 3:53am Nov 6, 2012 3:53am
the issue is

there may a level that HUGE sell pendings are waiting
if tis correct when/if it touches there it will roll down

Quoting stevewalker
what I see actually.
for actual situation.

*********
price spiking up with new high every time.
this means it is filling shorts there but then muving up again.
this means short pendings are getting weaken
this means up move getting more POSS
  • #9,136
  • Nov 6, 2012 3:55am Nov 6, 2012 3:55am
for me I have 2 levels for that action

2828
2843

Quoting stevewalker
the issue is

there may a level that HUGE sell pendings are waiting
if tis correct when/if it touches there it will roll down
  • #9,137
  • Nov 6, 2012 3:55am Nov 6, 2012 3:55am
but
today moves can go way beyond our imaginations

Quoting stevewalker
for me I have 2 levels for that action

2828
2843
  • #9,138
  • Nov 6, 2012 3:57am Nov 6, 2012 3:57am
Quoting stevewalker
what I see actually.
for actual situation.

*********
price spiking up with new high every time.
this means it is filling shorts there but then muving up again.
this means short pendings are getting weaken
this means up move getting more POSS
i also have the feeling, that we saw a change in the trend.
maybe price is heading to the descending trendline around .3050
in the next 2 weeks.

but is it a fake due to election or is it real?
just do it
  • #9,139
  • Nov 6, 2012 3:58am Nov 6, 2012 3:58am
this we can not know
unfortunatelly
Quoting thodie
i also have the feeling, that we saw a change in the trend.
maybe price is heading to the descending trendline around .3050
in the next 2 weeks.

but is it a fake due to election or is it real?
  • #9,140
  • Nov 6, 2012 4:00am Nov 6, 2012 4:00am
as soon as it moves with waves as MKT usual
many trades can be saved from SL

but it it start making Strong 1 Bar moves this will kill many traders trades.

Quoting stevewalker
this we can not know
unfortunatelly
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