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  • #16,641
  • Feb 14, 2013 4:03am Feb 14, 2013 4:03am
Quoting egkid
where is 333 in your view brother
  • #16,642
  • Feb 14, 2013 4:25am Feb 14, 2013 4:25am
Quoting infinitus
Market profile perspective


above current price we have a whole battery of POC resistance @

3447
3449
3452
3454
3456


Vah is 3479
VaL is 3437


Strategy:

Long:

break of 3447 may result in 3479
break of 3479 may result in 3532, 3539; extended move to 3564 possible


Short

break of 3437 may result in 3408
break of 3408 may result in 3384 with speed bump @ 3397
break of 3384 will target 3362

ups calculated too short LOL


next target 3312, then 3289, then 3263
  • #16,643
  • Feb 14, 2013 6:30am Feb 14, 2013 6:30am
As we can see EURUSD breached 3350 and sell off extended to 3315. Loss of 3310 targets 3284 and 3260 subsequently. Unfortunately I wasnt here to traded it but i would short 3296 to 3270 and trade the breakout of 3350.

Now we need to wait for a retracement to enter the 2nd swing.
  • #16,644
  • Feb 14, 2013 6:32am Feb 14, 2013 6:32am
Quoting egkid
3370-50 was projected ATR. Only the break of 3350, but today i wasnt expecting that. Surely if i had been here Id have post it, but I was away from my trading platform.

This scenario was mentioned on 8th of FEB HERE on this post..
  • #16,645
  • Feb 14, 2013 6:45am Feb 14, 2013 6:45am
Quoting infinitus
ups calculated too short LOL


next target 3312, then 3289, then 3263
Yes would like to see a retest of 3350 for a potential swing entry and then on next leg 3310 which is very important. Only the loss of 3310 aims for 3284 and 3262 WPP.
  • #16,646
  • Feb 14, 2013 7:15am Feb 14, 2013 7:15am
Quoting T@rantula
Yes would like to see a retest of 3350 for a potential swing entry and then on next leg 3310 which is very important. Only the loss of 3310 aims for 3284 and 3262 WPP.
absolutely same view my friend
  • #16,647
  • Feb 14, 2013 7:18am Feb 14, 2013 7:18am
3160 to 3130 is a very interesting area market profile wise


This area was hardly traded and a retest seems to be in the works
  • #16,648
  • Feb 14, 2013 7:29am Feb 14, 2013 7:29am
Quoting infinitus
3160 to 3130 is a very interesting area market profile wise


This area was hardly traded and a retest seems to be in the works
Maybe, lets go step by step 3310 needs to fall then 3260 WPP.
  • #16,649
  • Feb 14, 2013 8:23am Feb 14, 2013 8:23am
Quoting T@rantula
Maybe, lets go step by step 3310 needs to fall then 3260 WPP.
hehe, right, Rome wasn't build in one day


was meant more middle term, it popped suddenly in my eyes
  • #16,650
  • Feb 14, 2013 9:36am Feb 14, 2013 9:36am
Quoting T@rantula
Yes would like to see a retest of 3350 for a potential swing entry and then on next leg 3310 which is very important. Only the loss of 3310 aims for 3284 and 3262 WPP.
3350-3320 , I closed at 3329 thats +21. There is a room for next swing or retest.
  • #16,651
  • Feb 14, 2013 11:03am Feb 14, 2013 11:03am
Scholastic example of 3350-20 swing

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 106 KB
  • #16,652
  • Feb 15, 2013 12:14am Feb 15, 2013 12:14am
Levels for today

Attachment
  • #16,653
  • Feb 15, 2013 2:48am Feb 15, 2013 2:48am
Quoting infinitus
Levels for today

Attachment
Thanks mate.
  • #16,654
  • Edited 3:08am Feb 15, 2013 2:48am | Edited 3:08am
I think target might be 3255 for today. If u take a look at the chart we can see that 1 4h candle ATE app.26 h4 candles to the left. It was 6 days of trading eaten by a single h4 candle! That means the upward move was probably a retrace on higher TFs and actually we are in downtrend. We also have a sort of non perfect Head and shoulders on h4.

Technically we should see 3255 today if everything is respected, thou G20 meetings may turn it upside down. Just be careful.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 127 KB
  • #16,655
  • Feb 15, 2013 3:08am Feb 15, 2013 3:08am
Good morning,

Haven't been here for a while.

How is everyone at T's den? Hope you all cool and happy.

Just placed a short here. Either it goes to sl or I'll l3ave it running for 4 hours or so.

Take care.
dreams do come true.
  • #16,656
  • Feb 15, 2013 3:11am Feb 15, 2013 3:11am
Due to the black channels one would expect a channel touch between 3260 and 3250

Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_12 Hours_snapshot.jpg Size: 221 KB
  • #16,657
  • Feb 15, 2013 3:16am Feb 15, 2013 3:16am
Quoting T@rantula
Thanks mate.
Hi T.,


recently I do show not only Murrey levels but also market profile levels


Most of the time the Murrey levels are more precise



Here are the virgin POC's which have high attraction


Attached Image
  • #16,658
  • Feb 15, 2013 3:38am Feb 15, 2013 3:38am
Quoting infinitus
Due to the black channels one would expect a channel touch between 3260 and 3250

Attachment
Yes that should be touched, maybe between 3270-50 but thats it.
  • #16,659
  • Feb 15, 2013 3:40am Feb 15, 2013 3:40am
Quoting wannaberich
Good morning,

Haven't been here for a while.

How is everyone at T's den? Hope you all cool and happy.

Just placed a short here. Either it goes to sl or I'll l3ave it running for 4 hours or so.

Take care.
Hey WB, we are all good. Lets see what market would give us. How r u, havent seen u in a while?
  • #16,660
  • Feb 15, 2013 3:41am Feb 15, 2013 3:41am
Quoting infinitus
Hi T.,


recently I do show not only Murrey levels but also market profile levels


Most of the time the Murrey levels are more precise



Here are the virgin POC's which have high attraction


Attachment
Those virgin POC's..are they a sort of a "magnetic" levels? Acting a magnet for the price?
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