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  • #725,461
  • Nov 30, 2012 7:31am Nov 30, 2012 7:31am
Quoting Luis Carlos
Support 1.2950
hi carlos

4hr scale supp 2986

1hr is 2950 correct?
Wolves don't lose any sleep over the opinion of the sheep.
  • #725,462
  • Nov 30, 2012 7:35am Nov 30, 2012 7:35am
Quoting 5percent
Sharing an intra-day method of getting into quick trend and pushes of prices with trend. Everytime, we are trading in a box of hi and low, breaking each support or resistance will likely to send price higher or lower to another area of new support/resistance.

Using only box and trend line. As mentioned earlier, one only can buy low sell high within a box, out of box there is a likelihood of price action buy high sell low scenario, mini breakout or big breakout we won't know.

Using triangle to identify the selling and buying zone, this is not...
1.2992 was rejected, 1.2983 was broken, another level of S turn R.

62 and 45 in sight soon.
  • #725,463
  • Nov 30, 2012 7:35am Nov 30, 2012 7:35am
Quoting Alexone
...i put my sl at BE at 30158.
298 is here im done i would have stayed longer but i cant watch it anymore.
  • #725,464
  • Nov 30, 2012 7:35am Nov 30, 2012 7:35am
Gosh! About time for this thing to start to move.
So, you think you have rights? LOL
  • #725,465
  • Nov 30, 2012 7:36am Nov 30, 2012 7:36am
Quoting fxnav
Am looking deeper here at 2968

2968
The great majority are rarely capable of thinking independently.
  • #725,466
  • Nov 30, 2012 7:36am Nov 30, 2012 7:36am
Quoting yelena
I do not have algorithms in my head, just eyes. But [Perhaps, the most meaningful support is that cluster (shown in EU chart). Will exit both GJ and EU once EU hits that price.
.5 fib 1.295
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #725,467
  • Nov 30, 2012 7:38am Nov 30, 2012 7:38am
Quoting FX Wolf
hi carlos

4hr scale supp 2986

1hr is 2950 correct?
.5 fib from 1.288 to 1.303
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #725,468
  • Nov 30, 2012 7:38am Nov 30, 2012 7:38am
I see things are moving along in anticipated direction
  • #725,469
  • Nov 30, 2012 7:39am Nov 30, 2012 7:39am
20 more closed...40 for the day and i am done...trade safe brothers and girls
There are two opinions in this world, Mine and the wrong one...
  • #725,470
  • Nov 30, 2012 7:40am Nov 30, 2012 7:40am
Month-End flows today remember

we are starting to see some dollar strength here on
the smaller timeframes
rat
  • #725,471
  • Nov 30, 2012 7:40am Nov 30, 2012 7:40am
Quoting Luis Carlos
.5 fib from 1.288 to 1.303
A pip is only worth it if you know how much you risked to earn it
  • #725,472
  • Nov 30, 2012 7:41am Nov 30, 2012 7:41am
Quoting Sutts
Agreed fxnav, that's just below my second trigger point of 1.2973 if this one fails. BUT....by then I'd have to have my bear scanner on too.

OK, will consider shorts now from 1.2995 up past 1.3005.

Will long from here too given the right PA but with caution.
  • #725,473
  • Nov 30, 2012 7:41am Nov 30, 2012 7:41am
Eur/Usd Swing View Weekly

Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD_Swing_View_Weekly.png Size: 42 KB

This is Up trend?

Going down, party time
My friends are gonna be there too (1:23692 last Hidden Gap)
And I'm going down, all the way down
On the highway to hell (even 1:2040 or lower)

I'm on the highway to hell
On the highway to hell

Inserted Video



No stop signs, speed limit (1:32000)
Nobody's gonna slow me down
Like a wheel, gonna spin it

Highway to hell
I'm on the highway to hell (1:23692)
  • #725,474
  • Nov 30, 2012 7:41am Nov 30, 2012 7:41am
Quoting vlady1974

It gives the feeling of yesterday's set-up...???
  • #725,475
  • Nov 30, 2012 7:42am Nov 30, 2012 7:42am
Long 12971 - tight stop
  • #725,476
  • Nov 30, 2012 7:42am Nov 30, 2012 7:42am
Quoting Sutts
OK, will consider shorts now from 1.2995 up past 1.3005.

Will long from here too given the right PA but with caution.

Now you know why I didn't counter the counter....


I did post my target this morning.......
The great majority are rarely capable of thinking independently.
  • #725,477
  • Nov 30, 2012 7:43am Nov 30, 2012 7:43am
Quoting yelena
I do not have algorithms in my head, just eyes. But [Perhaps, the most meaningful support is that cluster (shown in EU chart). Will exit both GJ and EU once EU hits that price.

addendum: And then I expect to go long from there coz GJ has already reached R4 (relying on text book that once a major pair hits R4, it will never go below R2, and in fact, close above R3 within that trading day)

And that is counter trend trading once again, via text book only (coz I do not yet have the skills of great traders around here!). Tight stop, TP nearest cluster near today's high.

Ofcourse, I am on long, but only 25% of typical exposure, can't be too greedy, it's Friday and it's squaring day
Attached Image
  • #725,478
  • Nov 30, 2012 7:43am Nov 30, 2012 7:43am
At this point we might just see near 40 before we get a rebounce, that is if there will be one
  • #725,479
  • Nov 30, 2012 7:43am Nov 30, 2012 7:43am
overshot 77 a bit.. now let's see..
  • #725,480
  • Nov 30, 2012 7:43am Nov 30, 2012 7:43am
Quoting paulonyx
At this point we might just see near 40 before we get a rebounce, that is if there will be one

No, it HAS to rebound at my 68 first
The great majority are rarely capable of thinking independently.
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