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  • #754,121
  • Feb 5, 2013 12:07am Feb 5, 2013 12:07am
Quoting Kanzler
Hey attila, for all practical purposes I have the same levels but I was curious as to how you came up with 1.3408. Is that a close time? I have the last strong rejection of that level as bottoming out at 1.34132.
pull a fib from 1.49ish high to 1876
  • #754,122
  • Feb 5, 2013 12:09am Feb 5, 2013 12:09am
Morning...!
  • #754,123
  • Feb 5, 2013 12:09am Feb 5, 2013 12:09am
Quoting attila
pull a fib from 1.49ish high to 1876
and then one from 1.49ish to the last low and you'll get 3490.. that's why it could get messy.
  • #754,124
  • Edited 5:16am Feb 5, 2013 12:13am | Edited 5:16am
Quoting Willow
bought a seiko, ej started to fall sorry, longs...
i'll buy more

Quoting Ken A
Royal Oak Offshore, sorry

But agree with you, E/J to 124.02 is a free way.



@Willow, hope you hold that short. Can get yourself a Lady ROO Limited Edition instead of a Seiko
  • #754,125
  • Feb 5, 2013 12:14am Feb 5, 2013 12:14am
+27
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looking for investors . pm me
  • #754,126
  • Feb 5, 2013 12:15am Feb 5, 2013 12:15am
trying more
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looking for investors . pm me
  • #754,127
  • Feb 5, 2013 12:17am Feb 5, 2013 12:17am
1.3495-1.3500 line in the sand for another move up to 1.3525 or a move back down
  • #754,128
  • Feb 5, 2013 12:20am Feb 5, 2013 12:20am
Still in @1.3490, long of course. I liked how it bounced just before 1.3450, looking for 1.3540 and 1.3575 above.
  • #754,129
  • Feb 5, 2013 12:22am Feb 5, 2013 12:22am
we could be looking Gartley AB=CD
50% retrace so far but it could go as deep as 78.6 by 88.6 it could become full fledged retreat.
key confluence is 618 and 78.6
Its notable to see how PA bounced right on 50% exactly
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In trading, you have to be defensive and aggressive at the same time
  • #754,130
  • Feb 5, 2013 12:23am Feb 5, 2013 12:23am
Quoting attila
pull a fib from 1.49ish high to 1876
Ah thanks, I hadn't been looking at fibs lately. Pretty good level then since we get some confluence.
  • #754,131
  • Feb 5, 2013 12:25am Feb 5, 2013 12:25am
Quoting attila
I really don't like where we are. This can get messy, or better said scalpy.
I guess the retrace is over, don't you agree mate? Strong bounce just before 1.3450???
  • #754,132
  • Feb 5, 2013 12:27am Feb 5, 2013 12:27am
Quoting math_GB
Still in @1.3490, long of course. I liked how it bounced just before 1.3450, looking for 1.3540 and 1.3575 above.
Careful Math, nothing suggests positive EUR so far. Have learnt a bit how they play with Yen. When they want strong Yen for import purposes we can see all sort of drama on wires. I think Europe is not having less skill than Asia
  • #754,133
  • Feb 5, 2013 12:28am Feb 5, 2013 12:28am
Quoting math_GB
I guess the retrace is over, don't you agree mate? Strong bounce just before 1.3450???
too early to tell.I am on sidelines.3540 is key number for me to watch.It clears out up move.
In trading, you have to be defensive and aggressive at the same time
  • #754,134
  • Feb 5, 2013 12:34am Feb 5, 2013 12:34am
Crushing 1.3495-1.3500 without a small retrace makes me think we'll go back there later in the day...maybe once we hit 1.3525

5mn chart is a tricky one.
Hard to spot level of resistances.
  • #754,135
  • Feb 5, 2013 12:34am Feb 5, 2013 12:34am
Quoting Ken A
Careful Math, nothing suggests positive EUR so far. Have learnt a bit how they play with Yen. When they want strong Yen for import purposes we can see all sort of drama on wires. I think Europe is not having less skill than Asia

Hmmmm...
  • #754,136
  • Feb 5, 2013 12:35am Feb 5, 2013 12:35am
Quoting Davit
too early to tell.I am on sidelines.3540 is key number for me to watch.It clears out up move.

True, 1.3540 that is my I. TP...
  • #754,137
  • Feb 5, 2013 12:40am Feb 5, 2013 12:40am
Quoting math_GB
True, 1.3540 that is my I. TP...
Maybe if it finds support at 1.35 again there's more chance that we get our uptrend back. I'm still hoping for lower where stronger bulls are waiting but who knows.
  • #754,138
  • Feb 5, 2013 12:43am Feb 5, 2013 12:43am
Out @1.3510... 20+ is not bad FTB, sidelines...
  • #754,139
  • Feb 5, 2013 12:44am Feb 5, 2013 12:44am
Quoting math_GB
Out @1.3510... 20+ is not bad FTB, sidelines...
Yes safe choice. I'm looking at 1.3525 or 1.3470...in between i'll just look
  • #754,140
  • Feb 5, 2013 12:46am Feb 5, 2013 12:46am
Quoting math_GB
Hmmmm...

I am on sidelines from yesterday. Not worried about missing the pips. Once confirmation is there easier to gain 2x or even 10x of pips.
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