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  • #725,101
  • Nov 30, 2012 2:00am Nov 30, 2012 2:00am
well, there's the dump
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  • #725,102
  • Nov 30, 2012 2:01am Nov 30, 2012 2:01am
welcome brits fuk off frankfurtians
If you are new to Forex? Say Goodbye to your account!!
  • #725,103
  • Nov 30, 2012 2:02am Nov 30, 2012 2:02am
ouch that spike on London opening surprised me!
  • #725,104
  • Nov 30, 2012 2:02am Nov 30, 2012 2:02am
Quoting KiwiTrada
welcome brits fuk off frankfurtians
Rule Britannia
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  • #725,105
  • Nov 30, 2012 2:05am Nov 30, 2012 2:05am
Quoting KiwiTrada
welcome brits fuk off frankfurtians
you trading eur/jpy. samurai's are trained to take it to 108 now
  • #725,106
  • Nov 30, 2012 2:05am Nov 30, 2012 2:05am
the excellent UKIP (euroskeptic) election result will be colouring attitude to EU from London. That will have had an effect too.
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  • #725,107
  • Nov 30, 2012 2:06am Nov 30, 2012 2:06am
Quoting wiseambition
ouch that spike on London opening surprised me!
there were too many oouches since boehner press conference.
  • #725,108
  • Nov 30, 2012 2:08am Nov 30, 2012 2:08am
Morning all,

Started off with a quick short at 21 and closed for +5
Did some numbers last night:
The clusterfuck area today on the 5M is
3004.9
3008
3016.3
3023
3027.6
3028

Top target 3039
Bottom target 2993.6

Within this range, it's any of these I'll scalp from today.
A pip is only worth it if you know how much you risked to earn it
  • #725,109
  • Nov 30, 2012 2:08am Nov 30, 2012 2:08am
Greek deal frays as IMF threatens walk-out on debt buy-back impasse

here's the latest. The problem is these guys know what shit they are buying.
  • #725,110
  • Nov 30, 2012 2:09am Nov 30, 2012 2:09am
Quoting vlady1974
Morning all,

Started off with a quick short at 21 and closed for +5
Did some numbers last night:
The clusterfuck area today on the 5M is
3004.9
3008
3016.3
3023
3027.6
3028

Top target 3039
Bottom target 2993.6


Within this range, it's any of these I'll scalp from today.

what is clusterfuck?
  • #725,111
  • Nov 30, 2012 2:13am Nov 30, 2012 2:13am
Quoting Nachiket
what is clusterfuck?
A zone with bunch of levels that come rolling out historical data or some sort. That is just a mess and not easy to read the levels correctly. That's my understanding of it. We just had one clusterf*ck area in the aussie above, not easy to read PA (at least for me) around so many levels.
  • #725,112
  • Nov 30, 2012 2:13am Nov 30, 2012 2:13am
Quoting Nachiket
what is clusterfuck?
LOL

it's my Fri sense of humour for the 5M zone we're in now: indecision
Some may wait til we get out of this range (see top and bottom) some may choose to be clusterscrewed.
Who knows.

Oh.. And good morning!
A pip is only worth it if you know how much you risked to earn it
  • #725,113
  • Nov 30, 2012 2:13am Nov 30, 2012 2:13am
Quoting cgldsmth
the excellent UKIP (euroskeptic) election result will be colouring attitude to EU from London.
did they abandon politics?
  • #725,114
  • Nov 30, 2012 2:14am Nov 30, 2012 2:14am
Quoting Stretch
A zone with bunch of levels that come rolling out historical data or some sort. That is just a mess and not easy to read the levels correctly. That's my understanding of it. We just had one clusterf*ck area in the aussie above, not easy to read PA (at least for me) around so many levels.


Dayumm! To da point!
You da ClusterFuk Meister!
A pip is only worth it if you know how much you risked to earn it
  • #725,115
  • Nov 30, 2012 2:14am Nov 30, 2012 2:14am
Quoting chazzle
did they abandon politics?
it'll be a major pressure on the Tories to edge toward a referendum on membership of the EU
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  • #725,116
  • Nov 30, 2012 2:15am Nov 30, 2012 2:15am
Quoting Nachiket
so which number you think we have to pick today
if only it were that simple - those are merely the current main order levels - use them how you choose, they tend to work out pretty well especially if they coincide with your own analysis.

As for today ummm....

I would have to break that out as follows:

The current daily upswing from 1.266x should be considered a correction to the swing down 1.313x to 1.266x and they rarely go beyond 78% and remain a correction that level is 1.303x so getting very close and I would not short above 1.3030 unless it was a random spike from news which could happen today... but it would be high risk to do so.

Stepping out a level I still see that we are in a correction of the up swing 1.204x to 1.317x and from where current price is I would target the low of 1.270x followed by the zone 1.256x to 1.243x (see chart 1) followed by 1.228x with continuance.

The upside danger is that it is still in the previous correction of the swing down 1.348x to 1.204x in which case I would target a double top at 1.317x (see chart 2)

To narrow down todays perspective - looking at the H4 (see chart 3) I see a 5 wave pattern in completion at current levels but with potentially 1.304x and 1.308x as targets - but I would put the later as less likely because of the previous reasons.

So taking all that into account my bias is still to the downside and I will concentrate on shorts below 1.3030 and may look to cautious longs above 1.3050

I trust that makes sense
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  • #725,117
  • Nov 30, 2012 2:17am Nov 30, 2012 2:17am
Quoting vlady1974


Dayumm! To da point!
You da ClusterFuk Meister!
I wish I was a Meister
Forgot that word Indecision, English not the first lang. So your explanation was better haha
  • #725,118
  • Nov 30, 2012 2:18am Nov 30, 2012 2:18am
Quoting gatorinla
1.008 for instance.. then you take that difference and divide by 2.. i wonder how that would work. lets try and look.. (1.6038-37.6%=1.0008) (1.6038-1.0008=.603 difference) (.603/2=.3015) .. .3015+ 1.0008=1.3023.... g i wonder if we have had activity here..i wonder what 1/2 of 37.6 is.. and how close to 19% it is.. trends are not just direction.
i dont know when or if.
current pa. indicates we will pullback at some point soon.. we still have 2432 as a valid target , and now 3379.. both can not be right...

we also may have a reason for a pullback before 3043 to target 2801 min.. we also have a norm move pullback for 2840... for the 3379 target. ... using these both bears and bulls want a pullback.

the ypp is 3588
the only medium term move since 2008 that hasn't done a norm move to 3594..
those who can, do. those who cant, talk about those who can
  • #725,119
  • Nov 30, 2012 2:22am Nov 30, 2012 2:22am
Quoting chazzle
little bullflag
break and retest
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  • #725,120
  • Nov 30, 2012 2:25am Nov 30, 2012 2:25am
Schaueble is here. lets welcome him bears
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