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EURUSD

  • #726,001
  • Dec 2, 2012 9:16am Dec 2, 2012 9:16am
Euro tend to begin a downtrend from tomorrow. December tend to be a bear month if nothing intervenes. Else, we go with the trend.
Money moves the market, not an indicator.
  • #726,002
  • Dec 2, 2012 9:18am Dec 2, 2012 9:18am
Quoting xandi
hope it opens with gap down so I can be long all the week and since the beginning of ride...ohh, forget it, I´ll be long anyway...!

For those who care, we have got all the past month examples of what is going to happen, all the pinbar on 1h/4h/8/daily/etc where followed by huge BULL candle...pointing 1.35 to end the year! and I will be there!
so.... you wanna go long after those long upper wicks?
  • #726,003
  • Dec 2, 2012 9:18am Dec 2, 2012 9:18am
Quoting surajkincity
I will be looking to short EUR/USD..
buying it makes no sense right now!
Me too. You have high chances of success . A bearish week approaching.
Money moves the market, not an indicator.
  • #726,004
  • Dec 2, 2012 9:21am Dec 2, 2012 9:21am
If we don't dip below 1.2935 I will be looking for 1.3049 then 1.3085. And with a break of those levels I don't see why we couldn't hit 1.3150

All based off of daily R levels
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  • #726,005
  • Dec 2, 2012 9:23am Dec 2, 2012 9:23am
Quoting pkimnyc
so.... you wanna go long after those long upper wicks?
no ,my friend, I want to go long after those long LOWER wicks

1st chart daily, 2nd monthly:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Sem Título.jpg Size: 170 KB
Click to Enlarge Name: Sem Título2.jpg Size: 162 KB
  • #726,006
  • Dec 2, 2012 9:27am Dec 2, 2012 9:27am
Quoting xandi
no ,my friend, I want to go long after those long LOWER wicks

1st chart daily, 2nd monthly:
Hope it works out my friend. Thanks for the chart.
  • #726,007
  • Dec 2, 2012 9:37am Dec 2, 2012 9:37am
Quoting pkimnyc
Hope it works out my friend. Thanks for the chart.
I´ll show you another example this month, on 4h, and 8h the same. this moovement reminds me a lot the monthly...hoppefully...
PS: as you can notice, the next candle after pin bar, it has not even low wick, or residual low wick..
Attached Image (click to enlarge)
Click to Enlarge Name: Sem Título.jpg Size: 154 KB
  • #726,008
  • Dec 2, 2012 9:37am Dec 2, 2012 9:37am
http://www.forexfactory.com/attachme...0&d=1354254306
http://www.forexfactory.com/attachme...9&d=1354319341
http://www.forexfactory.com/attachme...2&d=1354351948
http://www.forexfactory.com/attachme...9&d=1353719644

imho
Attached Image (click to enlarge)
Click to Enlarge Name: pvjj1026.gif Size: 27 KB
not euphoria follower
  • #726,009
  • Dec 2, 2012 9:38am Dec 2, 2012 9:38am
Just what I'm seeing for next week... don't mind my poor skills hahah
Attached Image (click to enlarge)
Click to Enlarge Name: chart euro.jpg Size: 217 KB
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  • #726,010
  • Dec 2, 2012 9:44am Dec 2, 2012 9:44am
Quoting iqyu5an
http://www.forexfactory.com/attachme...1&d=1354462617

imho
thanks for that approach..I used to like Joe Dinappoli harmonic patterns, I´m not using them some time ago, but I´ll have that in mind!
  • #726,011
  • Dec 2, 2012 9:46am Dec 2, 2012 9:46am
Quoting attila
Shorts are looking too good... And when everybody is saying it can't go any higher, guess what it does? So I'll just scalp this for a while.

Many thanks for your response and charts posted from last night mate. I am for the first time in months unbiased and want to go with the flow. This cripple ain't going down so easily. Even if it will, we need strong confirmation which begins below 1.2880 even better 1.2800. On the upside I will be on the bulls side above 1.3120. It will be a better week than last week I hope. Have a good one...!
  • #726,012
  • Dec 2, 2012 9:49am Dec 2, 2012 9:49am
Quoting andoseg2
Euro tend to begin a downtrend from tomorrow. December tend to be a bear month if nothing intervenes. Else, we go with the trend.
This December can be a little different with all the fiscal cliff/slope whatever they name it news flowing around... Something to bear in mind...
  • #726,013
  • Dec 2, 2012 9:53am Dec 2, 2012 9:53am
Quoting xandi
I´ll show you another example this month, on 4h, and 8h the same. this moovement reminds me a lot the monthly...hoppefully...
PS: as you can notice, the next candle after pin bar, it has not even low wick, or residual low wick..
fresh new month. fresh new monthly candle. need to collect more buyers at lower level, if we are to go higher, is what i think. not from here. then again, it's just my opinion.
  • #726,014
  • Dec 2, 2012 9:57am Dec 2, 2012 9:57am
Quoting xandi
I´ll show you another example this month, on 4h, and 8h the same. this moovement reminds me a lot the monthly...hoppefully...
PS: as you can notice, the next candle after pin bar, it has not even low wick, or residual low wick..
Xandi, don't you think we need some level to confirm the uptrend... It is still on a shaky ground so far... I see 1.3080-1.3090 as a possible reversal area...
  • #726,015
  • Edited 10:16am Dec 2, 2012 10:05am | Edited 10:16am
Quoting pkimnyc
fresh new month. fresh new monthly candle. need to collect more buyers at lower level, if we are to go higher, is what i think. not from here. then again, it's just my opinion.
I understand you, and if you miss the first buy train, you will have chances above to catch the long side this month, because IMO we will have something equal as you can see in the charts posted, and in those times the next candle didn´t need to collect buyers lower to go up...in the evening I will post my minimum number to enter long, maybe 1.2886/1.2824(last week open/low) if you want(I don´t think so, but it could, at maximum perspective...)
  • #726,016
  • Dec 2, 2012 10:11am Dec 2, 2012 10:11am
Quoting xandi
I understand you, and if you miss the first buy train, you will have chances above to catch the long side this month, because IMO we will have something equal as you can see in the charts posted, and in those times the next candle didn´t need to collect buyers lower to go up...in the evening I will post my minimum number to enter long, maybe 1.2886/1.2824(last week open) if you want(I don´t think so, but it could, at maximum perspective...)
I would have to see how price behaves at that level, if drops that low. Quite possible based on Friday action though.
  • #726,017
  • Dec 2, 2012 10:29am Dec 2, 2012 10:29am
Quoting pkimnyc
I would have to see how price behaves at that level, if drops that low. Quite possible based on Friday action though.
friday action was totally expected because the price wanted to close month near the open..I posted all the week the same (in other thread).
  • #726,018
  • Dec 2, 2012 10:32am Dec 2, 2012 10:32am
Quoting xandi
friday action was totally expected because the price wanted to close month near the open..I posted all the week the same (in other thread).
I look at it as series of rejection. Hence sellers taking positions.
  • #726,019
  • Dec 2, 2012 10:51am Dec 2, 2012 10:51am
December will be bullish Month - hands off- but it may witness near the last ten days major sell off as i expect some profit taking. I will be longing EURUSD from 1.28800 , 1.28500, 1.2800 and 1.27500 with Take profit somewhere near or under 1.31, 1.32 with stop lose under 1.25 ! This is my general plan with many specifican to be continued while the month progress ..

I expect a December high 1.32400 and Low 1.27
"It's the Margin, Stupid."
  • #726,020
  • Dec 2, 2012 12:23pm Dec 2, 2012 12:23pm
Quoting Vachus
December will be bullish Month - hands off- but it may witness near the last ten days major sell off as i expect some profit taking. I will be longing EURUSD from 1.28800 , 1.28500, 1.2800 and 1.27500 with Take profit somewhere near or under 1.31, 1.32 with stop lose under 1.25 ! This is my general plan with many specifican to be continued while the month progress ..

I expect a December high 1.32400 and Low 1.27
Maybe, but this week seems we will go down, 1.2880 coming...
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