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  • #27,601
  • Dec 27, 2012 1:28am Dec 27, 2012 1:28am
Quoting kahyong
opps, 3253 yea, still not broken
Before London this will not be broken Imo.
We might test and re-fuel at daily pivot point 3220.
  • #27,602
  • Dec 27, 2012 1:39am Dec 27, 2012 1:39am
Hi All,

I am new at Forex trading and trying (very hard) to learn how to plot Support and Resistance. Looking at the 4 hour chart, would I be correct in plotting the resistance at 1.3240-60?
  • #27,603
  • Dec 27, 2012 1:48am Dec 27, 2012 1:48am
To anyone who's interested
Attached Image (click to enlarge)
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  • #27,604
  • Dec 27, 2012 2:23am Dec 27, 2012 2:23am
hi all.. looks like we might get a look at 3300 and possible break through..
my sentiment is, we will not get a strong break this year..
you?
  • #27,605
  • Dec 27, 2012 2:26am Dec 27, 2012 2:26am
Quoting Provolone
hi all.. looks like we might get look at 3300 and possible break through..
my sentiment is, we will not get a strong break this year..
you?
I'm looking for 3340 (Daily R3 3339) or 3370 (Weekly R2 3375) if we break 3300-10
  • #27,606
  • Dec 27, 2012 2:28am Dec 27, 2012 2:28am
Quoting mok1one
I'm looking for 3340 (Daily R3 3339) or 3370 (Weekly R2 3375) if we break 3300-10
Daily R1 3262; R2 3297; R3 3339
Weekly R1 3277; R2 3375; R3 3441
Monthly R1 3134; R2 3263; R3 3500
  • #27,607
  • Dec 27, 2012 2:32am Dec 27, 2012 2:32am
Quoting mok1one
I'm looking for 3340 (Daily R3 3339) or 3370 (Weekly R2 3375) if we break 3300-10
as of now looks good to make the push to get to those levels.. if it was not the end of the year my TP would have been around 3360.. i hope it breaks and take off for everyone sake who is bullishly riding, lol.. its been a good ride.
  • #27,608
  • Dec 27, 2012 2:36am Dec 27, 2012 2:36am
Quoting Provolone
as of now looks good to make the push to get to those levels.. if it was not the end of the year my TP would have been around 3360.. i hope it breaks and take off for everyone sake who is bullishly riding, lol.. its been a good ride.
It has been a hell of a good ride for me. Have been trading only longs for 3 weeks now. All green. Watched my trade history and only 1 short in these 3 weeks.
  • #27,609
  • Dec 27, 2012 2:41am Dec 27, 2012 2:41am
Quoting mok1one
It has been a hell of a good ride for me. Have been trading only longs for 3 weeks now. All green. Watched my trade history and only 1 short in these 3 weeks.
nice one for you bro.

Overall it seems bullish, but i cant trigger my long man, everyday it just hit a high then drop back down after the break. Cant seems to get a good entry.
  • #27,610
  • Dec 27, 2012 2:47am Dec 27, 2012 2:47am
Quoting mok1one
It has been a hell of a good ride for me. Have been trading only longs for 3 weeks now. All green. Watched my trade history and only 1 short in these 3 weeks.
good man.. same here, have not gone short since Nov15th all long since.
  • #27,611
  • Dec 27, 2012 2:48am Dec 27, 2012 2:48am
Quoting kahyong
nice one for you bro.

Overall it seems bullish, but i cant trigger my long man, everyday it just hit a high then drop back down after the break. Cant seems to get a good entry.
These 3 weeks i have noticed that the best entry would be in the first H of Frankfurt open and London Open. have got my entrys there and have added on breaks etc.
  • #27,612
  • Dec 27, 2012 2:50am Dec 27, 2012 2:50am
11:00 GMT+3 EUR Italian Business Confidence F: 88.8 Prev: 88.5

In 10 MIN.
Not listed on FF Cal.
  • #27,613
  • Dec 27, 2012 3:01am Dec 27, 2012 3:01am
Quoting mok1one
11:00 GMT+3 EUR Italian Business Confidence F: 88.8 Prev: 88.5

In 10 MIN.
Not listed on FF Cal.
Actual 88.9
  • #27,614
  • Dec 27, 2012 3:07am Dec 27, 2012 3:07am
In it something is. I agree with you, thanks for the help in this question. As always all ingenious is simple.
  • #27,615
  • Dec 27, 2012 3:16am Dec 27, 2012 3:16am
Hello

Whats happening with this pair

been waiting for some retrace

Holding longs

confused with these waves an dips

Anybody know
  • #27,616
  • Dec 27, 2012 3:16am Dec 27, 2012 3:16am
Good Day everyone hope everyone had a great X Mas
  • #27,617
  • Dec 27, 2012 3:26am Dec 27, 2012 3:26am
Quoting eliteincome
Hello

Whats happening with this pair

been waiting for some retrace

Holding longs

confused with these waves an dips

Anybody know
It seems to be waiting something.But what?
Fiscal Cliff meeting? US Data release?
I hope this PA won't stay like this for the next 3,5H
  • #27,618
  • Dec 27, 2012 4:00am Dec 27, 2012 4:00am
ok, iīm tired of waiting...shorted here eurJpy, it canīt go up to infinite, or can it?
  • #27,619
  • Dec 27, 2012 4:01am Dec 27, 2012 4:01am
Quoting xandi
ok, iīm tired of waiting...shorted here eurJpy, it canīt go up to infinite, or can it?
Well.. up it might go infinite, downside is restricted up to 0 .
  • #27,620
  • Dec 27, 2012 4:09am Dec 27, 2012 4:09am
Quoting mok1one
UPDATE

Veeeeery close to breaking point.
http://www.forexfactory.com/showthre...55#post6323055

UPDATE
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