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Trading EURUSD only

  • #18,881
  • Nov 28, 2012 3:40am Nov 28, 2012 3:40am
Quoting wiseambition
me almost the same. there is unfinished business much higher up than here
There is also unfinished business down a bit down
  • #18,882
  • Nov 28, 2012 3:43am Nov 28, 2012 3:43am
Quoting mok1one
Hmm...daily target reached with 3 shorts, but the price is in a channel where it hasn't touched the lower channel-line to confirm reversal... hmm..
I think i am not taking it out yet. still has to crawl to 2887-2900 area to touch the fibchannel line.
That's my target as well GL
  • #18,883
  • Nov 28, 2012 3:43am Nov 28, 2012 3:43am
guys it stuck between multi TF TL s
algos get mad.
where ever it touches there is a trigger
it totally get mad.
  • #18,884
  • Nov 28, 2012 3:43am Nov 28, 2012 3:43am
Quoting mok1one
Hmm...daily target reached with 3 shorts, but the price is in a channel where it hasn't touched the lower channel-line to confirm reversal... hmm..
I think i am not taking it out yet. still has to crawl to 2887-2900 area to touch the fibchannel line.
A better chart for the channel

15MIN Chart
Attached Image (click to enlarge)
Click to Enlarge Name: 15.JPG Size: 71 KB
  • #18,885
  • Nov 28, 2012 3:44am Nov 28, 2012 3:44am
I am talking under manuplation of my FL LG. I got the profit can exit anytime.

but shorts be carefull
  • #18,886
  • Nov 28, 2012 3:45am Nov 28, 2012 3:45am
I may be wrong
but for me 4H will spike up

Quoting stevewalker
I am talking under manuplation of my FL LG. I got the profit can exit anytime.

but shorts be carefull
  • #18,887
  • Nov 28, 2012 3:47am Nov 28, 2012 3:47am
Quoting stevewalker
I may be wrong
but for me 4H will spike up
It's very close to weekly pivot @ 2899. You think it will be untouched?
  • #18,888
  • Nov 28, 2012 3:49am Nov 28, 2012 3:49am
do you remember my 2929 TL black friday
it is trading same TL
it is @ 2915
border

Quoting mok1one
It's very close to weekly pivot @ 2899. You think it will be untouched?
  • #18,889
  • Nov 28, 2012 3:50am Nov 28, 2012 3:50am
Quoting stevewalker
I may be wrong
but for me 4H will spike up
possible as the bears do look weak in the 4H chart, almost a falling wedge like pattern developing
  • #18,890
  • Nov 28, 2012 3:51am Nov 28, 2012 3:51am
here
left rectangle friday

Quoting stevewalker
do you remember my 2929 TL black friday
it is trading same TL
it is @ 2915
border
Attached Image (click to enlarge)
Click to Enlarge Name: _3.jpg Size: 314 KB
  • #18,891
  • Nov 28, 2012 3:51am Nov 28, 2012 3:51am
it is bouncing over that old TL

Quoting mrwpc
possible as the bears do look weak in the 4H chart, almost a falling wedge like pattern developing
  • #18,892
  • Nov 28, 2012 3:52am Nov 28, 2012 3:52am
Quoting stevewalker
do you remember my 2929 TL black friday
it is trading same TL
it is @ 2915
border
remember. but i'm still sticking to my channel plan as for now. If wrong then too bad. Can afford a little loss for now (yesterdays +100 is actually my weekly target the past 3 weeks).
  • #18,893
  • Nov 28, 2012 3:54am Nov 28, 2012 3:54am
Quoting stevewalker
it is bouncing over that old TL
also have a 50% Fib @.2915 level
  • #18,894
  • Nov 28, 2012 3:55am Nov 28, 2012 3:55am
4H forming CZ up for last 4 bars.
but huge sell pressure blocked.
it is not trading down.
breaks are leaking
if bulls fails ofcourse it will rol down
but early to say

Quoting mrwpc
possible as the bears do look weak in the 4H chart, almost a falling wedge like pattern developing
  • #18,895
  • Nov 28, 2012 3:58am Nov 28, 2012 3:58am
2 min to 4H new bar
lets see how will react

Quoting stevewalker
4H forming CZ up for last 4 bars.
but huge sell pressure blocked.
it is not trading down.
breaks are leaking
if bulls fails ofcourse it will rol down
but early to say
  • #18,896
  • Nov 28, 2012 4:02am Nov 28, 2012 4:02am
Quoting stevewalker
2 min to 4H new bar
lets see how will react
doji close
  • #18,897
  • Nov 28, 2012 4:04am Nov 28, 2012 4:04am
Quoting mrwpc
doji close
if 0200 GMT closed down at 0600 and the last one closed a doji (indecision) at 1000 maybe next one will finish up
  • #18,898
  • Nov 28, 2012 4:06am Nov 28, 2012 4:06am
Here is another reason why I think it will touch the 99-00 line.

30MIN Chart
Attached Image (click to enlarge)
Click to Enlarge Name: 30.JPG Size: 91 KB
  • #18,899
  • Nov 28, 2012 4:10am Nov 28, 2012 4:10am
180 deg rotated & mirrored 4H CT
what would you do?
Attached Image (click to enlarge)
Click to Enlarge Name: _3.gif Size: 29 KB
  • #18,900
  • Nov 28, 2012 4:12am Nov 28, 2012 4:12am
POSS

Quoting mok1one
Here is another reason why I think it will touch the 99-00 line.

30MIN Chart
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