Watch for a change in trend on the 19th.11.2012 around 2am GMT,
Next turns 22.11.2012 around 2am GMT
Hopefully we fall in the EURUSD now until the 19th, I was short at 1.28 yesterday evening
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“Watch for a change in trend on the 19th.11.2012 around 2am GMT”，this means the turn should happen at the beginning of the next workingday, the Monday. Wish to know if I get it correctly.
Yes, but usually its london that powers the move, however I am not yet buying the EURUSD just yet, if we get a retrace up over 100-150 pips then becareful. If we get the turn on the 19th then I possted the next turn as the 22nd.
Hi Mike, so on the 15th Nov you sold Euro/Usd at 1.28 looking for 200 pips ish.It is now
20th Nov 1.34 gmt and Euro is 1.2812. So did you take profit when it bottomed out at around 1.27
on the 16th Nov? Bit confused as you didn't report that you did so, all you said was you were expecting
a change in trend around the 19th or 22nd but failed to say whether this change would be up or down.
All a bit quiet on the crystal ball front at the moment innit ! So I think I'll make a prediction based on my technical analysis, which of course I cant reveal exactly what that is and blah blah blah. It will go up then come down again. After monday there will be a trend change where it will go down for a while and then go up a little while later !!
All a bit quiet on the crystal ball front at the moment innit ! So I think I'll make a prediction based on my technical analysis, which of course I cant reveal exactly what that is and blah blah blah. It will go up then come down again. After monday there will be a trend change where it will go down for a while and then go up a little while later !!
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Well Nelly,
you made nice prediction but failed to call a day or a time...now you may annoyed I dont hold you hand and spoon feed you the turn, whatever here is my prediction for this week I made for ths week so even you cant complain because even my cat could trade this.
EURUSD
22~23rd November 2012 I am expecting a down move in excess of 4~5 days perhaps 150~200 pips down
I shorted Friday night late on the R3 level.
you made nice prediction but failed to call a day or a time...now you may annoyed I dont hold you hand and spoon feed you the turn, whatever here is my prediction for this week I made for ths week so even you cant complain because even my cat could trade this.
EURUSD
22~23rd November 2012 I am expecting a down move in excess of 4~5 days perhaps 150~200 pips down
I shorted Friday night late on the R3 level.
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O.K. We'll see what you say when it actually go's up to around 2930 on monday when they announce they've done something about Greece. After that I reckon it will come back down over the week to the low 28's. Im short as well until the announcement.
O.K. We'll see what you say when it actually go's up to around 2930 on monday when they announce they've done something about Greece. After that I reckon it will come back down over the week to the low 28's. Im short as well until the announcement.
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Nelly I am not going to say anythng if it goes up, I was wrong and thats it, my cycle hit on the 23rd,so that was friday, what do I do if it edges up a few pips, I re enter no sweat.
Or I wait for a swing down then a pullback and go short.
This is predictive remember
Mike Haran
Fridays close was 1.2991, so I am expecting that to be the high of next week
If your cycle is off a day, where is your stop placed at? If I've read your posting correctly, you allow 50 pips.
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Confused ? You will be. One minute Mike says hes short late one friday night at 1.2991 then in virtually the same breath he says he expects it to rise to 130-131 !!??!! So why go short, why not long then short, doesnt make sense !
To clarrify, Friday should have been the EURUSD high, but the cycles can be out sometimes a day, hence you have to allow leg room for it to move. I went short at Fridays R3 level 1.298 area. Additional analysis carried out Saturday suggested that a high might form around 1.30-1.31 based upon a different form of analysis which more defines a zone within about 100 pips.
So on this trade allow either Friday or Monday for the high to be in
(Monday is one traded day from Friday)
Either Friday or Monday should set the high, once we move away from it there is where you set your stop, Now the EURUSD is trading at 1.2951 so if I short now its a 40 pip stop. I think the zone is 1.30-1.31 so even if the stop is taken I would get in again on Tuesdayopen with a stop on Mondays high even if the EURUSD went to 1.31.
Nelly don't you get it ? Its time related, either Friday is the high or Monday, its time I am interested in, you can short in the time window at what ever takes your fancy, I like pivots thats me.
My zone is defined as a zone to look for the turn in ie 1.30-1.31
So where was Fridays high 1.29903, is that in the zone....yes
Where did I think the high would form 22nd-23rd is it in the time window...yes
Please call a turn of at least 300 pips to the nearest day and a 100 pip zone, I encourage participation.
