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Circular Trendlines

  • #2,341
  • Feb 15, 2013 8:10am Feb 15, 2013 8:10am
EUR/USD Outlook

Still down with better sell opportunity at the highs of 3300
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H1.jpg Size: 148 KB
  • #2,342
  • Feb 15, 2013 8:41am Feb 15, 2013 8:41am
US Dollar Index

US Dollar Index is poised to rise, this will have a effect on the EUR bringing it down. Here are the details:
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Click to Enlarge Name: USDIndex_Weekly.jpg Size: 113 KB
  • #2,343
  • Edited 12:53pm Feb 18, 2013 11:48am | Edited 12:53pm
EURUSD is confined to the two blue trendlines, and at the half way line of the black circle, on the one hour chart.

Could breakout from the lower trendline and reach the bottom of the circle, 1.3225 area. This is going down with the pitchfork.

Also, from this 8 hour chart :- http://www.forexfactory.com/showthre...65#post6446865 its the break of the red trendline and upper green circle to reach the black major trendline, also around the 1.3225 area.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 1 hour circle4.jpg Size: 242 KB
  • #2,344
  • Feb 19, 2013 11:10am Feb 19, 2013 11:10am
Quoting egkid
[email protected]
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  • #2,345
  • Feb 19, 2013 2:38pm Feb 19, 2013 2:38pm
my view for tomorrow and till end of the week
Time to go get some sleep
PS:Remember i could b wrong I just share my own view
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Click to Enlarge Name: tomorrow.gif Size: 14 KB
  • #2,346
  • Feb 20, 2013 6:25am Feb 20, 2013 6:25am
Quoting egkid
my view for tomorrow and till end of the week
Time to go get some sleep
PS:Remember i could b wrong I just share my own view
3368 Hit again as i was waiting and add Last Long for me
Attached Image (click to enlarge)
Click to Enlarge Name: 3368.gif Size: 18 KB
  • #2,347
  • Feb 20, 2013 6:26am Feb 20, 2013 6:26am
Quoting egkid
3368 Hit again as i was waiting and add Last Long for me
Now i suppose we see 34 Fast
well Let's Watch
  • #2,348
  • Feb 20, 2013 7:10am Feb 20, 2013 7:10am
Quoting egkid
Now i suppose we see 34 Fast
well Let's Watch
HI, egkid, I agree with you, this is buying time..

you can see the usd entered the fresh supply zone

http://primuspersada.com/images/suppyentered.png
Patience Pays
  • #2,349
  • Feb 20, 2013 7:16am Feb 20, 2013 7:16am
Quoting Kambooj
EUR/USD Outlook

Still down with better sell opportunity at the highs of 3300
Dear Kambooj, you will be remindeed like Gann or Dow, a pioneer of a technical analysis....
  • #2,350
  • Feb 20, 2013 8:38am Feb 20, 2013 8:38am
EUR/USD Outlook

Triple lows to be formed along the T1 line, with strong potential of a breakout downwards towards the 3050 region. Expanding region towards a territory lower than 3300 is in the works.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H4.jpg Size: 120 KB
  • #2,351
  • Feb 20, 2013 8:40am Feb 20, 2013 8:40am
Thanks,
Trying to fix my mistakes and improve on my accuracy of forecasts. From January onwards, some of the ones were not that great, and trying to find new methods to help in my quest for a better picture of the market.


Quoting BlackShark
Dear Kambooj, you will be remindeed like Gann or Dow, a pioneer of a technical analysis....
  • #2,352
  • Feb 20, 2013 9:30am Feb 20, 2013 9:30am
Quoting Kambooj
Thanks,
Trying to fix my mistakes and improve on my accuracy of forecasts. From January onwards, some of the ones were not that great, and trying to find new methods to help in my quest for a better picture of the market.
I post my view but no comment from u bro even we had diffrence view
seems i better stop annoying you
  • #2,353
  • Feb 20, 2013 10:22am Feb 20, 2013 10:22am
No annoyment brother,
Your views are awesome, but sometimes I have a hard time seeing them.

Will try to comment more


Quoting egkid
I post my view but no comment from u bro

even we had diffrence view
seems i better stop annoying you
  • #2,354
  • Feb 20, 2013 10:26am Feb 20, 2013 10:26am
My overall perspective on the daily has not changed,
Its still down till the 3160 level, but seem to be missing some resistance spots for higher up retracements.

Sorry for lack of comments

Quoting egkid
I post my view but no comment from u bro even we had diffrence view
seems i better stop annoying you
  • #2,355
  • Feb 20, 2013 11:04am Feb 20, 2013 11:04am
Quoting cspip
EURUSD is confined to the two blue trendlines, and at the half way line of the black circle, on the one hour chart.

Could breakout from the lower trendline and reach the bottom of the circle, 1.3225 area. This is going down with the pitchfork.

Also, from this 8 hour chart :- http://www.forexfactory.com/showthre...65#post6446865 its the break of the red trendline and upper green circle to reach the black major trendline, also around the 1.3225 area.
So it broke from the upper blue trendline to reach middle black circle, bigger red circle, from where it came back down to the black half way line of the black circle. EURUSD has been making lower highs and lower lows, so downwards again. Might have decided it will now travel down on the other pitchfork channel. If it does break the black line, it may drop 60 pips to reach the half way of the red circles.

Direction will depend on what the data coming out is good or bad, or what Draghi, Japanese PM and co will say next, but whos to know that...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd one hour red circle.jpg Size: 305 KB
  • #2,356
  • Feb 20, 2013 1:23pm Feb 20, 2013 1:23pm
Quoting cspip
So it broke from the upper blue trendline to reach middle black circle, bigger red circle, from where it came back down to the black half way line of the black circle. EURUSD has been making lower highs and lower lows, so downwards again. Might have decided it will now travel down on the other pitchfork channel. If it does break the black line, it may drop 60 pips to reach the half way of the red circles.

Direction will depend on what the data coming out is good or bad, or what Draghi, Japanese PM and co will say next, but whos to know that...
And there we have the 60 - 70 pip drop to the centre of red circle. Take your profits time. Was sooner than expected, thought it would be overnight during Asian session. Another new lower low.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd red circle.jpg Size: 312 KB
  • #2,357
  • Feb 20, 2013 2:52pm Feb 20, 2013 2:52pm
agitation will start around the center of the circle.

The center will either cause a catalytic effect in speeding the move further down or create agitation or hinderence towards further progress.

Anyhow I am selling on first retracement or touch at 3300

Quoting cspip
And there we have the 60 - 70 pip drop to the centre of red circle. Take your profits time. Was sooner than expected, thought it would be overnight during Asian session. Another new lower low.
  • #2,358
  • Feb 21, 2013 1:55am Feb 21, 2013 1:55am
Quoting egkid
my view for tomorrow and till end of the week
Time to go get some sleep
PS:Remember i could b wrong I just share my own view
i just dont know why i have eye for 3150 but it seems that place was untested since it got broken i am still waiting for it to be tested again...
MY OPINION NOT FINANCIAL ADVISE
  • #2,359
  • Feb 21, 2013 2:34am Feb 21, 2013 2:34am
Quoting donfriday
i just dont know why i have eye for 3150 but it seems that place was untested since it got broken i am still waiting for it to be tested again...
Market Clean it self filtering as long as i know where i will SL and good MM not worry
I'm still Long
  • #2,360
  • Feb 21, 2013 3:03am Feb 21, 2013 3:03am
Quoting egkid
Market Clean it self filtering as long as i know where i will SL and good MM not worry
I'm still Long
my eyes on gu for now while eu still take a last push into 1.31xx zone ...buyers are coming and both gu and eu going up..
MY OPINION NOT FINANCIAL ADVISE
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