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  • #724,001
  • Nov 28, 2012 3:56pm Nov 28, 2012 3:56pm
but on the other hand, closing below 43 doesnt make me a happy bull either
  • #724,002
  • Nov 28, 2012 3:57pm Nov 28, 2012 3:57pm
i dont see any downside today im looking for longs all the way up to 1.3075

WENDIGO
  • #724,003
  • Nov 28, 2012 3:58pm Nov 28, 2012 3:58pm
Resistance broken, bulls are back in charge short term. Going to try a buy in at 1.29442.
  • #724,004
  • Nov 28, 2012 4:09pm Nov 28, 2012 4:09pm
message to new york......if you're going to manipulate the market don't make it so obvious.
  • #724,005
  • Nov 28, 2012 4:10pm Nov 28, 2012 4:10pm
Quoting godrich
message to new york......if you're going to manipulate the market don't make it so obvious.
The market is always being manipulated by the big players....just go with the flow.
  • #724,006
  • Nov 28, 2012 4:14pm Nov 28, 2012 4:14pm
Quoting godrich
message to new york......if you're going to manipulate the market don't make it so obvious.
actually make it obvious i like profiting lol

WENDIGO
  • #724,007
  • Nov 28, 2012 4:18pm Nov 28, 2012 4:18pm
Quoting Kanzler
The market is always being manipulated by the big players....just go with the flow.
manipulation is to be expected, on that we agree. for that reason alone i closed my shorts as soon as ny came on line and hopped on the bus going the other way.

i just prefer the manipulation to be a little more subtle or well acted, i guess i'm a connoisseur ha ha !

this is getting to be like a really bad b movie.
  • #724,008
  • Nov 28, 2012 4:25pm Nov 28, 2012 4:25pm
Quoting godrich
manipulation is to be expected, on that we agree. for that reason alone i closed my shorts as soon as ny came on line and hopped on the bus going the other way.

i just prefer the manipulation to be a little more subtle or well acted, i guess i'm a connoisseur ha ha !

this is getting to be like a really bad b movie.
At least you're making some money on it - I lost a small sum on my play thinking resistance would hold. Oh well, now I get to wait for the retracement bus to come back and pick me up. Hopefully that happens before the week closes out. Looking at the last time price broke upwards over this level it took about a day before it came back though.
  • #724,009
  • Nov 28, 2012 4:26pm Nov 28, 2012 4:26pm
Quick survey for the EUR/USD (Nov 28, 2012 23:00) ...


http://images.forexfactory.net/attach/png.gif 2012-11-28_23h00 - ZigZag + Pivot Survey _ EURUSD _ Roll Dn _ W-48 # FC51 (EN Daily, Weekly).PNG (130.1 KB)


Outlook for the sessions ahead (WEEK NO. 48) and latest "Trade Hints" from Wednesday (Nov 28, 2012) ...







;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #724,010
  • Nov 28, 2012 4:34pm Nov 28, 2012 4:34pm
I don't care if it takes six months for the prices to get there. My profit targets for the EUR/USD and USD/JPY are 1.2318 and 83.37. This is the 23% fib level of a long term move for the Euro and 161% move of one up move for the Yen.
  • #724,011
  • Nov 28, 2012 4:40pm Nov 28, 2012 4:40pm
Quoting Kanzler
At least you're making some money on it - I lost a small sum on my play thinking resistance would hold. Oh well, now I get to wait for the retracement bus to come back and pick me up. Hopefully that happens before the week closes out. Looking at the last time price broke upwards over this level it took about a day before it came back though.
I'm holding a long term short so I'm hoping for a fairly quick retrace myself, and looking to add to it, so Ill be waiting for that bus with you.

Best of luck in your trading...
  • #724,012
  • Nov 28, 2012 4:43pm Nov 28, 2012 4:43pm
Quoting godrich
I'm holding a long term short so I'm hoping for a fairly quick retrace myself, and looking to add to it, so Ill be waiting for that bus with you.

Best of luck in your trading...


Just realised, that doesn't sound good
  • #724,013
  • Nov 28, 2012 4:45pm Nov 28, 2012 4:45pm
Quoting godrich
I'm holding a long term short so I'm hoping for a fairly quick retrace myself, and looking to add to it, so Ill be waiting for that bus with you.

Best of luck in your trading...
I think maybe we're on different pages, I was hoping to go long at resistance turned support at the pivot level. I have a feeling the drive north won't last long but I'd see my first target at 1.29675 and if it gets past that, the 76.4% fib level. What do you think?

Attached Image (click to enlarge)
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  • #724,014
  • Nov 28, 2012 4:48pm Nov 28, 2012 4:48pm
I have been adding short positions since .2930 today. I have been trading weekly charts for the last few weeks and my trading has greatly improved, higher sl's to allow the pair to breathe is much more my style. Today is a full moon huh? hmmmm
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  • #724,015
  • Nov 28, 2012 4:52pm Nov 28, 2012 4:52pm
Some people use 78.6% fib level.
  • #724,016
  • Nov 28, 2012 4:56pm Nov 28, 2012 4:56pm
Not really liking the pinbar price action, but will give this a shot anyway if it reaches my limit.
  • #724,017
  • Nov 28, 2012 5:00pm Nov 28, 2012 5:00pm
Quoting clambill
Some people use 78.6% fib level.
Yep. I do. Since it's the square root of 61.8.
Time turns trend. - W.D. Gann
  • #724,018
  • Nov 28, 2012 5:04pm Nov 28, 2012 5:04pm
All 1hr, daily, weekly RSI show overbought. so I'm going to keep short.
  • #724,019
  • Nov 28, 2012 5:06pm Nov 28, 2012 5:06pm
short from 1.2958'6 (10/28) ... but of course, I'll exit earlier if the price stop drifting down
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  • #724,020
  • Nov 28, 2012 5:15pm Nov 28, 2012 5:15pm
good morning ,


i can see euro flying in Gator fly path , we have big fence @ 58/63 , i have support @ 38/39.5 but kiwi said anything below 43 belongs to bear

100h sma 1.2940 , pivot 29
Mohan
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