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  • #15,961
  • Nov 26, 2012 1:45am Nov 26, 2012 1:45am
Quoting cdndollar
long 1.29648..

Attachment
Morning dan & T &..
stop @+1.. this one is a scalper..
  • #15,962
  • Nov 26, 2012 2:08am Nov 26, 2012 2:08am
2940 is support. Anywhere around 2940-55 could be good for a scalp trade..but remember we had a big move on Friday. Big moves usually need good pullbacks. So where I see possible longs is 2940-55 ( near term, scalp /swing scalp trade) , 2925 and 2885 as everything below 2885 points to 2830.
  • #15,963
  • Nov 26, 2012 3:30am Nov 26, 2012 3:30am
Quoting T@rantula
2940 is support. Anywhere around 2940-55 could be good for a scalp trade..but remember we had a big move on Friday. Big moves usually need good pullbacks. So where I see possible longs is 2940-55 ( near term, scalp /swing scalp trade) , 2925 and 2885 as everything below 2885 points to 2830.
Here...2945 to 2965 fast, if we break 65 we go for a retest of 80s
  • #15,964
  • Nov 26, 2012 5:54am Nov 26, 2012 5:54am
Quoting T@rantula
Here...2945 to 2965 fast, if we break 65 we go for a retest of 80s
Done.


Next move will probably be executed by a fundie trigger, Greek aid expected.. That will propel the price to 3005, looking for short term scalping opportunities.

If aid deal is not executed today, we may see another dip.
  • #15,965
  • Nov 26, 2012 6:09am Nov 26, 2012 6:09am
Quoting T@rantula
Done.


Next move will probably be executed by a fundie trigger, Greek aid expected.. That will propel the price to 3005, looking for short term scalping opportunities.

If aid deal is not executed today, we may see another dip.

I may well be eating my own words later though it hasn't been the first time but this should not touch 1.30 otherwise it'll be super bullish. I am gonna short heavy at 1.2996 with small stop so same risk. We should over time break 1.2660 low. This is not the low IMO.

Again don't follow my assumption as it is really only my IMO
  • #15,966
  • Nov 26, 2012 6:42am Nov 26, 2012 6:42am
Quoting jaylovin
I may well be eating my own words later though it hasn't been the first time but this should not touch 1.30 otherwise it'll be super bullish. I am gonna short heavy at 1.2996 with small stop so same risk. We should over time break 1.2660 low. This is not the low IMO.

Again don't follow my assumption as it is really only my IMO
If the Greek aid deal gets executed today, we are going to break 3020 and if that happens 3100 is next. But still fundie trigger is needed.
  • #15,967
  • Nov 26, 2012 6:44am Nov 26, 2012 6:44am
Quoting T@rantula
If the Greek aid deal gets executed today, we are going to break 3020 and if that happens 3100 is next. But still fundie trigger is needed.
If we break 1.3020 we will shoot up to 1.34 fast.
  • #15,968
  • Nov 26, 2012 7:10am Nov 26, 2012 7:10am
Quoting jaylovin
If we break 1.3020 we will shoot up to 1.34 fast.
Hmm not sure if it will be fast but buy into dips definitely.
  • #15,969
  • Nov 26, 2012 7:33am Nov 26, 2012 7:33am
http://www.forexfactory.com/showthre...44#post6231144

Hmm, as my main count was, that the upwards move was likely finished, I have to change my count a bit to alow for at least one more wave higher.


Next logical target to the upper side is 3020. After that I expect again test of around 2940. After that, when the 2940 area hold firm, extensions down to around 2900 allowed, we may see final move towards max 3160, extension even towards 3225


Will later on do more precise calculations

from a Murrey Math point of view 3062 is important. Break of this would offer 3184 and 3306. This levels then will offer more bullish potential after an adequate retrace
  • #15,970
  • Nov 26, 2012 7:44am Nov 26, 2012 7:44am
Quoting infinitus
http://www.forexfactory.com/showthre...44#post6231144

Hmm, as my main count was, that the upwards move was likely finished, I have to change my count a bit to alow for at least one more wave higher.


Next logical target to the upper side is 3020. After that I expect again test of around 2940. After that, when the 2940 area hold firm, extensions down to around 2900 allowed, we may see final move towards max 3160, extension even towards 3225


Will later on do more precise calculations

from a Murrey Math point of...

Yes I have a count where 2991 was the end to the pip. So we
May well drop down here. Also 2985 was another bull limit. So we may well drop now and then attack 2996 later along with more highs.

Lets see where it goes I will look to sell only unless 1.3 gets taken out. Regarding fast up move T. I don't mean 1.34 today but will shoot up impulsively
  • #15,971
  • Nov 26, 2012 8:15am Nov 26, 2012 8:15am
Quoting jaylovin
Yes I have a count where 2991 was the end to the pip. So we
May well drop down here. Also 2985 was another bull limit. So we may well drop now and then attack 2996 later along with more highs.

Lets see where it goes I will look to sell only unless 1.3 gets taken out. Regarding fast up move T. I don't mean 1.34 today but will shoot up impulsively
Quoting infinitus
http://www.forexfactory.com/showthre...44#post6231144

Hmm, as my main count was, that the upwards move was likely finished, I have to change my count a bit to alow for at least one more wave higher.


Next logical target to the upper side is 3020.
Yes if the feedback from EU summit is positive 3020 is next, would like to see it for a probable short scalp. Anyway that will be a good opportunity to buy the dips later on.
  • #15,972
  • Nov 26, 2012 5:22pm Nov 26, 2012 5:22pm
pictureUSDX.. seeing lotsa pivot resistance just below were it is at mo.. 4 hr chart
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.gif Size: 29 KB
  • #15,973
  • Nov 26, 2012 5:34pm Nov 26, 2012 5:34pm
This is somthing T showed me some time back.. inside squares.. and trend line.. CCI.. or RSI.. or stochastic DIV.. break and close above trend line will see change in direction.. i will scalp iv it hits below pivot cluster.... but i am especialy interested in the number 7983 which is center pivot of a major range..7995 and 7980 are both week pivot resistance points.. there is also a 3 week and 5 week in that cluster.. so will be VERY surprised if no strong reaction..all just my OPN of course..
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.gif Size: 25 KB
  • #15,974
  • Nov 26, 2012 7:11pm Nov 26, 2012 7:11pm
right now have two estimations:


bearish case: 3022 to 3069 (ideally 3056) (end of a wave 2)


bullish case: 3149 to 3227
  • #15,975
  • Nov 26, 2012 7:21pm Nov 26, 2012 7:21pm
Quoting infinitus
right now have two estimations:


bearish case: 3022 to 3069 (ideally 3056) (end of a wave 2)


bullish case: 3149 to 3227


well, let us look additionally at Murrey Math:


15min and 60min: either capped with 3016 nor will perform octave jump. Pivot at 2970

4h: when 3062 broken, next targets 3123, extension 3184; after 3184 correction due, which then may target 3000 to 2940
  • #15,976
  • Edited 1:58am Nov 27, 2012 1:42am | Edited 1:58am
Hey guys, no chance for me to trade the news even thou I presumed it would be like this. Couldnt wait for that, waited all day on thin volatility...

Everything has been said in analysis yesterday. Most of us gave an opinion that EU will jump above 3000 and that has been the case.

Now we need to see a dip to buy it. 2970 could be good as support is around 2950. Target is 3020, as Infinitus said, thats the strong resistance. Break above and we might see a major trend reversal and first targets are 3070, 3130 afterwards.
  • #15,977
  • Nov 27, 2012 2:49am Nov 27, 2012 2:49am
Quoting T@rantula
Hey guys, no chance for me to trade the news even thou I presumed it would be like this. Couldnt wait for that, waited all day on thin volatility...

Everything has been said in analysis yesterday. Most of us gave an opinion that EU will jump above 3000 and that has been the case.

Now we need to see a dip to buy it. 2970 could be good as support is around 2950. Target is 3020, as Infinitus said, thats the strong resistance. Break above and we might see a major trend reversal and first targets are 3070, 3130 afterwards.
Screwed my charts up last night that pa!! 1.3009 and 1.3049 are next on my
Charts but I see bullish unless we go below 1.29 again. Lets see
  • #15,978
  • Nov 27, 2012 3:14am Nov 27, 2012 3:14am
Quoting jaylovin
Screwed my charts up last night that pa!! 1.3009 and 1.3049 are next on my
Charts but I see bullish unless we go below 1.29 again. Lets see
I agree...as I told you major intraday supports 2970 and 50.
  • #15,979
  • Nov 27, 2012 3:33am Nov 27, 2012 3:33am
Quoting T@rantula
I agree...as I told you major intraday supports 2970 and 50.
We are getting close to 2950..if 2950 is taken out 2939> 2910..that would be a major PB could give a potential 100 pip trade.
  • #15,980
  • Nov 27, 2012 6:20am Nov 27, 2012 6:20am
Quoting T@rantula
We are getting close to 2950..if 2950 is taken out 2939> 2910..that would be a major PB could give a potential 100 pip trade.
multiple closes over 2939, the price went to 2960. For me now, most comfortable trade would be to short it after a new HH has been made or long it around 2910 if we close below 2939.
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