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Trading EURUSD only

  • #12,121
  • Nov 12, 2012 5:27pm Nov 12, 2012 5:27pm
Quoting stevewalker
those bars are manuplated bars.
-same size
-same direction linear down.
price is being carried down.

why?
no clue.
2 POSS.
- it break down important levels now free to go down
- it carried down to a level that it can reject better

we will see soon
good observation!

haha never doubted my position for a bit. but this is forex, no one knows what will happen for sure. :/
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  • #12,122
  • Nov 12, 2012 5:27pm Nov 12, 2012 5:27pm
I call those ants on a stick

Quoting stevewalker
those bars are manuplated bars. bars in the white rectangle
-same size
-same direction linear down.
price is being carried down.

why?
no clue.
2 POSS.
- it break down important levels now free to go down
- it carried down to a level that it can reject better

we will see soon
  • #12,123
  • Nov 12, 2012 5:28pm Nov 12, 2012 5:28pm
Quoting stevewalker
I call those ants on a stick
now we just need to see a failed down swing move and this will be perfect!
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  • #12,124
  • Nov 12, 2012 5:29pm Nov 12, 2012 5:29pm
Quoting stevewalker
I call those ants on a stick
sneaky banksters.
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  • #12,125
  • Nov 12, 2012 5:30pm Nov 12, 2012 5:30pm
lol pretty cool, I was 0.5 pips away from my mental stop when this thing turned around. PHEW.
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  • #12,126
  • Nov 12, 2012 5:32pm Nov 12, 2012 5:32pm
Quoting shellsnail
now we just need to see a failed down swing move and this will be perfect!
come on, go for the fractal (failed) low now! and this shld be a protracted upmove.
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  • #12,127
  • Nov 12, 2012 5:33pm Nov 12, 2012 5:33pm
mind that there are shorts also

Quoting shellsnail
come on, go for the fractal (failed) low now! and this shld be a protracted upmove.
  • #12,128
  • Nov 12, 2012 5:38pm Nov 12, 2012 5:38pm
Quoting stevewalker
mind that there are shorts also
yeah sorry, got a bit excited lol...okay, retrace is good chance to cover shorts though...
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  • #12,129
  • Nov 12, 2012 5:38pm Nov 12, 2012 5:38pm

Quoting shellsnail
yeah sorry, got a bit excited lol...okay, retrace is good chance to cover shorts though...
  • #12,130
  • Nov 12, 2012 5:39pm Nov 12, 2012 5:39pm
long move does not guaranteed yet.
IMO
Quoting shellsnail
yeah sorry, got a bit excited lol...okay, retrace is good chance to cover shorts though...
  • #12,131
  • Nov 12, 2012 5:42pm Nov 12, 2012 5:42pm
Quoting stevewalker
long move does not guaranteed yet.
IMO
that's true, we need to see a fractal failed low here to confirm.
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  • #12,132
  • Nov 12, 2012 5:43pm Nov 12, 2012 5:43pm
Quoting shellsnail
that's true, we need to see a fractal failed low here to confirm.
This all fits in very well with the news release coming up in 18 minutes...

GBP/USD chart setting up for move up too.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDLong12Nov30min.png Size: 46 KB
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  • #12,133
  • Nov 12, 2012 5:47pm Nov 12, 2012 5:47pm
Japan open in sight
  • #12,134
  • Nov 12, 2012 5:52pm Nov 12, 2012 5:52pm
if price goes past 1.27088 in 2 minutes.. we have a upmove in place... let's see.
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  • #12,135
  • Nov 12, 2012 5:54pm Nov 12, 2012 5:54pm
Quoting shellsnail
if price goes past 1.27088 in 2 minutes.. we have a upmove in place... let's see.
nope, may reverse now
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  • #12,136
  • Nov 12, 2012 5:56pm Nov 12, 2012 5:56pm
Quoting shellsnail
nope, may reverse now
LOL so once again it boils down to news...

level to watch: 1.27088
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  • #12,137
  • Nov 12, 2012 6:00pm Nov 12, 2012 6:00pm
ok you trade with 3miin chart
but no rush
lets see japan

Quoting shellsnail
LOL so once again it boils down to news...
  • #12,138
  • Nov 12, 2012 6:01pm Nov 12, 2012 6:01pm
Quoting stevewalker
ok you trade with 3miin chart
but no rush
lets see japan
wow -7% beating expectations by 8%...
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  • #12,139
  • Nov 12, 2012 6:05pm Nov 12, 2012 6:05pm
Price seems frozen though... not a good sign for bulls.
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  • #12,140
  • Nov 12, 2012 6:16pm Nov 12, 2012 6:16pm
Inverse H&S seems to be forming on GBP/USD and EUR/USD charts (3 AND 5MIN)
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