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  • #722,841
  • Nov 27, 2012 2:08am Nov 27, 2012 2:08am
thanks everyone that responded to my question
Maximizing your potentials!
  • #722,842
  • Nov 27, 2012 2:08am Nov 27, 2012 2:08am
Quoting Kanzler
To get to the stops demand has to eat up the pallets of cash waiting at the level first. Every significant level has a bunch of stops above or below, just how it works. Unless the big bankers have a motivation for the uptrend to continue, I don't think we'll see a fast break.
I am banking that we don't see one to the upside at all

and pallets of cash are not always what they seem..... sometimes they are just a carrot and disappear
  • #722,843
  • Nov 27, 2012 2:08am Nov 27, 2012 2:08am
Quoting MaxDoom
morning 21

are you trading UC at the moment?

it has just hit a very interesting level with daily support coinciding with the daily lower TL add to that the ting daily bars for the last 2 days and you have a potential trade there
Hey max,

been waiting for 9924 when was trading 10040...a lot of confluance in this area..

dont know if i want to touch it yet..already on the same side on eu
  • #722,844
  • Nov 27, 2012 2:09am Nov 27, 2012 2:09am
Quoting MaxDoom
I am banking that we don't see one to the upside at all
That would be nice to nail the reversal, but my fortune is rarely that good. Price breaks this level and I'll be looking to go long on a re-test.
  • #722,845
  • Nov 27, 2012 2:10am Nov 27, 2012 2:10am
i think we could first visit 75-80 area
  • #722,846
  • Nov 27, 2012 2:11am Nov 27, 2012 2:11am
freaky frankie tucked away now to some decent trading pa
If you are new to Forex? Say Goodbye to your account!!
  • #722,847
  • Nov 27, 2012 2:11am Nov 27, 2012 2:11am
i have low volume for London opening
Mohan
  • #722,848
  • Nov 27, 2012 2:13am Nov 27, 2012 2:13am
This is what i'm looking for , I know in the back of my mind that this move will not continue without a retrace - hard to reach the next target without a decent convincing retrace But :

Price yesterday on the daily candle closed with a bullish candle on the the 300 MA , early in the next day it retested the break of wedge and printed a new high by a fraction of 2.5 pips. So, right now trading both way is a bit of a gamble - But if the daily close above the 300 MA Blue line on my chart , i would consider that a buy signal - So i will take a long position on today's low with stop just 10 pips under it ...

There is also a possiblity that the retrace support is 1.29440 ( which i really suspected it will hold , but amazingly it did )
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily300MA.png Size: 61 KB
"It's the Margin, Stupid."
  • #722,849
  • Nov 27, 2012 2:15am Nov 27, 2012 2:15am
in 1h and 15m gbp data
  • #722,850
  • Nov 27, 2012 2:15am Nov 27, 2012 2:15am
Decision outside 83/93 price level will show if price visits first 1.2968 or 1.3050.
They think they are smarter than I am.
  • #722,851
  • Nov 27, 2012 2:17am Nov 27, 2012 2:17am
Quoting 21vs7
Hey max,

been waiting for 9924 when was trading 10040...a lot of confluance in this area..

dont know if i want to touch it yet..already on the same side on eu
fair enough, it is not a security that I normally trade, but the chart is screaming at me so I have taken a long @ 26 - see how it goes
  • #722,852
  • Nov 27, 2012 2:18am Nov 27, 2012 2:18am
Quoting MaxDoom
fair enough, it is not a security that I normally trade, but the chart is screaming at me so I have taken a long @ 26 - see how it goes
if pig drops then this is going uphill with ease
  • #722,853
  • Nov 27, 2012 2:19am Nov 27, 2012 2:19am
EU target is 1.3076
Correlated Technical Analyst CTA
  • #722,854
  • Nov 27, 2012 2:19am Nov 27, 2012 2:19am
RANGE TRADERS OVER, BREAKOUT TRADERS IN POSITION....

http://blog.communicaid.com/wp-conte...-Franco_i2.jpg
  • #722,855
  • Nov 27, 2012 2:20am Nov 27, 2012 2:20am
Who says you can't earn in a low range market?
http://www.forexfactory.com/showthre...6958&page=2#51
  • #722,856
  • Nov 27, 2012 2:22am Nov 27, 2012 2:22am
From my analysis we may have peaked at 3007 for the day, but i dont expect a drop below 2940 though anything is possible. Another ranging day i suspect
  • #722,857
  • Nov 27, 2012 2:24am Nov 27, 2012 2:24am
And down we go
2 recipes for forex failures: Greed + Fear
  • #722,858
  • Nov 27, 2012 2:24am Nov 27, 2012 2:24am
Quoting mohan76
i have low volume for London opening
forget vol bro market on the move south
If you are new to Forex? Say Goodbye to your account!!
  • #722,859
  • Nov 27, 2012 2:24am Nov 27, 2012 2:24am
1.2900 and 1.28xx easy today
  • #722,860
  • Nov 27, 2012 2:24am Nov 27, 2012 2:24am
Quoting AmberLynn
Who says you can't earn in a low range market?
http://www.forexfactory.com/showthre...6958&page=2#51
Congrats..
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