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  • #725,401
  • Nov 30, 2012 6:18am Nov 30, 2012 6:18am
Quoting attila
this wants to go higher I think
whenever u say that it goes. Please don't say today.

also update your signature. I think NY traders are behaving nice with you now since 1 week
  • #725,402
  • Nov 30, 2012 6:20am Nov 30, 2012 6:20am
Quoting attila
this wants to go higher I think
It would be nice if it went lower first
A pip is only worth it if you know how much you risked to earn it
  • #725,403
  • Nov 30, 2012 6:21am Nov 30, 2012 6:21am
Quoting _BBKing_
h4 chart in EU shows a clear possible bottoming patter.
or better: 2 patterns!

1 is the heads n shoulder in 1.27 area.
2 is the cup n hundle.

if and once this actual supply area goes broken we see price at least 1.31 then 1.34 etc.,,...
until no clear sign better wait for med term decisions.

the h4 chart below shows candle closed few minutes ago.
this doesn't matter at all, level still no clearly broken: market will need something with no doubts, so meaning a move to 3090.
personally...
unless a clear breakout, seems like next week shorts...
3090 interesting. it would be a breakout to 1.32 then if that level goes
  • #725,404
  • Nov 30, 2012 6:21am Nov 30, 2012 6:21am
Quoting Nachiket
whenever u say that it goes. Please don't say today.

also update your signature. I think NY traders are behaving nice with you now since 1 week
lolz )
  • #725,405
  • Nov 30, 2012 6:22am Nov 30, 2012 6:22am
Quoting _BBKing_
h4 chart in EU shows a clear possible bottoming patter.
or better: 2 patterns!

1 is the heads n shoulder in 1.27 area.
2 is the cup n hundle.

if and once this actual supply area goes broken we see price at least 1.31 then 1.34 etc.,,...
until no clear sign better wait for med term decisions.

the h4 chart below shows candle closed few minutes ago.
this doesn't matter at all, level still no clearly broken: market will need something with no doubts, so meaning a move to 3090.
personally...
unless a clear breakout, seems like next week...
Just want to add that, if you look at the 5 min chart, you see inverse H&S building, it's a long-term bottom.
Build good relationships with others.
  • #725,406
  • Nov 30, 2012 6:22am Nov 30, 2012 6:22am
Quoting attila
this wants to go higher I think
It would be great if again test 1.3027 region also gbpusd tests 1.6076 region!
  • #725,407
  • Nov 30, 2012 6:24am Nov 30, 2012 6:24am
action starvy day till now. lets see what americans bring.
  • #725,408
  • Nov 30, 2012 6:24am Nov 30, 2012 6:24am
Quoting esemes
It would be great if again test 1.3027 region also gbpusd tests 1.6076 region!
I'm kind of looking at 46 and 71 if it goes up..
  • #725,409
  • Nov 30, 2012 6:24am Nov 30, 2012 6:24am
Quoting attila
this wants to go higher I think
and why you say that?
  • #725,410
  • Nov 30, 2012 6:25am Nov 30, 2012 6:25am
Quoting shellsnail
Just want to add that, if you look at the 5 min chart, you see inverse H&S building, it's a long-term bottom.
well you know when was the last time so many people were bullish on this pair. it was in january i remember and it fell some 300 pips in 3 days
  • #725,411
  • Nov 30, 2012 6:26am Nov 30, 2012 6:26am
Quoting Nachiket
whenever u say that it goes. Please don't say today.

also update your signature. I think NY traders are behaving nice with you now since 1 week

Today's just about all the Euro Data has been bad
German & Greek retail sales
Italy unemployment
Italy, Spain and Euro zone CPI

Still not going down is it
rat
  • #725,412
  • Nov 30, 2012 6:26am Nov 30, 2012 6:26am
Quoting Nachiket
well you know when was the last time so many people were bullish on this pair. it was in january i remember and it fell some 300 pips in 3 days
Not sure what is driving this pair up but I dont see any strong data for this pair
Loosening is not an option
  • #725,413
  • Nov 30, 2012 6:27am Nov 30, 2012 6:27am
Quoting attila
I'm kind of looking at 46 and 71 if it goes up..
lol attila everyday is not sunday. you got lucky yesterday at 1.2950 does not mean you will get lucky today or wait you may as well if boehner comes on wall street shaking hands with obama
  • #725,414
  • Nov 30, 2012 6:27am Nov 30, 2012 6:27am
Quoting Nachiket
well you know when was the last time so many people were bullish on this pair. it was in january i remember and it fell some 300 pips in 3 days
actually I see more bears than bulls.

lots of people playing divergences, double tops, candlestick reversals etc. etc.
Build good relationships with others.
  • #725,415
  • Nov 30, 2012 6:29am Nov 30, 2012 6:29am
Quoting shellsnail
actually I see more bears than bulls.

lots of people playing divergences, double tops, candlestick reversals etc. etc.
equity saying different story
Mohan
  • #725,416
  • Nov 30, 2012 6:29am Nov 30, 2012 6:29am
Quoting Nachiket
well you know when was the last time so many people were bullish on this pair. it was in january i remember and it fell some 300 pips in 3 days
check out forex factory, 56% shorts.
Build good relationships with others.
  • #725,417
  • Nov 30, 2012 6:30am Nov 30, 2012 6:30am
Quoting Nachiket
3090 interesting. it would be a breakout to 1.32 then if that level goes
yes right!
actually i'm out of euro+usd and waiting something more clear for next week... hopefully!
no matter if up or down, will be good both directions for great pips
90% of traders use TA, indicators and prediction
  • #725,418
  • Nov 30, 2012 6:31am Nov 30, 2012 6:31am
Quoting shellsnail
Just want to add that, if you look at the 5 min chart, you see inverse H&S building, it's a long-term bottom.
hello
yes the inverse H&S is a bottoming pattern but .... the m5 chart is not certainly for med term setup. m5 is great for hourly trades for 20-40 pips
90% of traders use TA, indicators and prediction
  • #725,419
  • Nov 30, 2012 6:32am Nov 30, 2012 6:32am
Quoting _BBKing_
hello
yes the inverse H&S is a bottoming pattern but .... the m5 chart is not certainly for med term setup. m5 is great for hourly trades for 20-40 pips
yes... but if you combine that with longer-term outlook, if this breaks out 40 pips... you get what I mean...

actually my actual outlook is that we see weekly R1 (1.3063) today, and a reversal back to 1.26 in the next couple of week.s
Build good relationships with others.
  • #725,420
  • Nov 30, 2012 6:33am Nov 30, 2012 6:33am
Quoting vlady1974
Gonna amend this and say, if the 4H closes above the first 1H candle's open of 3020, then we go higher.
Currently @ 3011 with 15M left.
Lower it is. Looking for a test and break of 1.2997
A pip is only worth it if you know how much you risked to earn it
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