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  • #15,741
  • Nov 7, 2012 10:45am Nov 7, 2012 10:45am
1.2744 was supposed to get hit. Watch 1.2660 as per my previous posts. Will get hit too
  • #15,742
  • Nov 7, 2012 7:26pm Nov 7, 2012 7:26pm
Quoting T@rantula
Im also very surprised about the move as H4 patterns completely failed. I stopped when i saw 2835 level broken.

I will do the analysis later in the day when things settle a bit.

Remember not having a position is sometimes as equal as having it.
T... picture 4 hr..big reverse engulf candle.. with multi time frame clusterd just above current point.. me will be looking for lower ground.. blind freddy trade..?? i suppose??
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  • #15,743
  • Nov 7, 2012 7:31pm Nov 7, 2012 7:31pm
Sorry above day chart.. this pic 4 hr
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  • #15,744
  • Nov 8, 2012 1:36am Nov 8, 2012 1:36am
Quoting danc
T... picture 4 hr..big reverse engulf candle.. with multi time frame clusterd just above current point.. me will be looking for lower ground.. blind freddy trade..?? i suppose??
Hello Danc an everyone,

Judging from PA, 2785 seems to be resistance. Trade setup should be short at rally or mini rally stops at 2790 and targets are 2715 and 2690.
  • #15,745
  • Nov 8, 2012 1:52am Nov 8, 2012 1:52am
Hi Friends,


good morning :-)


Hope anyone was able to profit from my analysis yesterday. I was a bit of lucky to a) get the move from 2820 to 2783 and b) the move down from 2876 right.

Well, today we see a barrier around 2770-2780. If cracked up, we might see a push towards 2820 area again. But I favor a move down from around 2770-2780.

This move down will face some stronger resistance in the following areas:


2710-2720
(2690)
2670-2650


Right now I am not sure if we see a direct drop from here, maybe we will consolidate the losses from yesterday a bit longer in the recent area.

But for me it is clearly sell the bounces around 2770-2780 with a stop behind monthly S1 at 2794

2690 is definitively a target, but out of my sight depends how quickly it is approached. The longer the consolidating in the 2750-2780 area lasts, the higher the chance for a break of 2690 and therefore move to 2670-2650.

Murrey Math gives a good target area between 2695 and 2665
  • #15,746
  • Nov 8, 2012 2:02am Nov 8, 2012 2:02am
Quoting infinitus
Hi Friends,


good morning :-)


Hope anyone was able to profit from my analysis yesterday. I was a bit of lucky to a) get the move from 2820 to 2783 and b) the move down from 2876 right.

Well, today we see a barrier around 2770-2780. If cracked up, we might see a push towards 2820 area again. But I favor a move down from around 2770-2780.

This move down will face some stronger resistance in the following areas:


2710-2720
(2690)
2670-2650


Right now I am not sure if we see a direct drop from here, maybe we will consolidate...
Thats it mate. In sync Well done for catching the move yesterday.
  • #15,747
  • Nov 8, 2012 2:15am Nov 8, 2012 2:15am
Bit more on current situation.. T.. just renforcing what u all ready say.... as per pictute ..Quad with 2 red lines are weekly and three day pivot lines were i will look to short..3 scalps on way up.. fo..r.. 10..9..6.. trying be patient now..
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  • #15,748
  • Nov 8, 2012 2:17am Nov 8, 2012 2:17am
Quoting infinitus
Hi Friends,


good morning :-)


Hope anyone was able to profit from my analysis yesterday. I was a bit of lucky to a) get the move from 2820 to 2783 and b) the move down from 2876 right.

Well, today we see a barrier around 2770-2780. If cracked up, we might see a push towards 2820 area again. But I favor a move down from around 2770-2780.

This move down will face some stronger resistance in the following areas:


2710-2720
(2690)
2670-2650


Right now I am not sure if we see a direct drop from here, maybe we will consolidate...
Yes i did for a nice 40 Thank You
  • #15,749
  • Nov 8, 2012 2:21am Nov 8, 2012 2:21am
Quoting danc
Bit more on current situation.. T.. just renforcing what u all ready say.... as per pictute ..Quad with 2 red lines are weekly and three day pivot lines were i will look to short..3 scalps on way up.. fo..r.. 10..9..6.. trying be patient now..
Thats a supply zone, I will sell it there also. 75 got rejected first time, lets see if it will break it higher or continue below 60. Have in mind todays bid rate.
  • #15,750
  • Nov 8, 2012 3:02am Nov 8, 2012 3:02am
Taken long possie..2767.. stop2760..pickture 5 min.. if it runs i go...
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  • #15,751
  • Nov 8, 2012 3:16am Nov 8, 2012 3:16am
Quoting danc
Taken long possie..2767.. stop2760..pickture 5 min.. if it runs i go...
Stff it i out minus a cple.. will leave abldy lone come back later
  • #15,752
  • Nov 8, 2012 3:31am Nov 8, 2012 3:31am
Quoting infinitus

But for me it is clearly sell the bounces around 2770-2780 with a stop behind monthly S1 at 2794
Quoting T@rantula
Hello Danc an everyone,

Judging from PA, 2785 seems to be resistance. Trade setup should be short at rally or mini rally stops at 2790 and targets are 2715 and 2690.

2740 now, the move has started.
  • #15,753
  • Nov 8, 2012 3:32am Nov 8, 2012 3:32am
Quoting danc
Stff it i out minus a cple.. will leave abldy lone come back later
7 pip....nothing much mate..
  • #15,754
  • Nov 8, 2012 3:36am Nov 8, 2012 3:36am
Quoting T@rantula
7 pip....nothing much mate..
Got back sht 48.. jst closed +22.. I going for dinner..
  • #15,755
  • Nov 8, 2012 3:43am Nov 8, 2012 3:43am
Quoting danc
Got back sht 48.. jst closed +22.. I going for dinner..
Great.

For counter scalp trades I am looking at 2690, lets see.
  • #15,756
  • Nov 8, 2012 4:03am Nov 8, 2012 4:03am
nother short coming up?? pic 1 min
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  • #15,757
  • Nov 8, 2012 4:14am Nov 8, 2012 4:14am
Quoting danc
nother short coming up?? pic 1 min
Yes it was a short dipped to 2722 but Spanish auction helped this mini recovery. If it comes to 2745-50 ill short it again with tight stops.
  • #15,758
  • Nov 8, 2012 4:19am Nov 8, 2012 4:19am
hi T@rantula,

did I read that correct: 1.2945/1.2950 you wait for a short? or was that a typo.

Quoting T@rantula
Yes it was a short dipped to 2722 but Spanish auction helped this mini recovery. If it comes to 2945-50 ill short it again with tight stops.
Money is important, Love is essential.
  • #15,759
  • Nov 8, 2012 4:22am Nov 8, 2012 4:22am
Quoting Ati Baia
hi T@rantula,

did I read that correct: 1.2945/1.2950 you wait for a short? or was that a typo.
Typo, corrected, thanx.
  • #15,760
  • Nov 8, 2012 4:29am Nov 8, 2012 4:29am
Quoting Ati Baia
hi T@rantula,

did I read that correct: 1.2945/1.2950 you wait for a short? or was that a typo.
Thks for tip got out minus 2.. deffinatly dinner tyme 4 me now.. back later
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