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Trading EURUSD only

  • #36,441
  • Mar 3, 2013 2:41pm Mar 3, 2013 2:41pm
this is a general level to determine the d,rection
2000 is the bottom . if it does not break he he

Quoting John Gray
1.20, Gosh i have been saying that since 1.26 last year
  • #36,442
  • Mar 3, 2013 2:42pm Mar 3, 2013 2:42pm
Quoting stevewalker
yes
but.......
oversold can be used 2 ways
1 - oversold in a Bear Trend
1 - oversold in a Bull Trend

we were in a BULL tend & its over sold.
now
it can retract up to equlibrum level
or
create a Bearish trend
Fair enough, depends on the timeframe. Good thing to remember.
Even the worst trade can close with profit. Just give it time.
  • #36,443
  • Mar 3, 2013 2:43pm Mar 3, 2013 2:43pm
according to my calculation

4H is over^3 sold he he


D1 is just beggining
  • #36,444
  • Mar 3, 2013 2:43pm Mar 3, 2013 2:43pm
Quoting stevewalker
this is a general level to determine the d,rection
2000 is the bottom . if it does not break he he
Now that, will be a funny story to tell my trading partner.
Even the worst trade can close with profit. Just give it time.
  • #36,445
  • Mar 3, 2013 2:44pm Mar 3, 2013 2:44pm
even %50.1 is enough

Quoting John Gray
True,

whatever your prediction is, it either works or it doesn't.

successfull trader is 51% right, well, on average increases equity 51% of the time
  • #36,446
  • Mar 3, 2013 2:48pm Mar 3, 2013 2:48pm
D1 is way away from building a new structure. ( a new cycle. ) to create a new equlibrum level.
my guess it will move the last equlibrum level. at least will give a try @ 3190
  • #36,447
  • Mar 3, 2013 2:51pm Mar 3, 2013 2:51pm
believe it or not.
D1 Macro cycle Equlibrum level is 0.9347 ( long term. )

the ones I have posted was main cycle levels. which is good for short/medium term.
  • #36,448
  • Mar 3, 2013 2:53pm Mar 3, 2013 2:53pm
Quoting stevewalker
guys
my guess
it will move up to 3250 zone
making mıore then one prediction is useless. ( means next step )
IF it breaks 3170 it will reach the sky.
  • #36,449
  • Mar 3, 2013 2:54pm Mar 3, 2013 2:54pm
friday I have posted a FB level chart.
I said 3050 is the gate for BULL/BEAR.

now
D1 chart Macro cycle reject level is 3060
it fits with FB levels.

I advise you to watch 3050/60 zone for reject up or down.
  • #36,450
  • Mar 3, 2013 2:56pm Mar 3, 2013 2:56pm
I was telling that for 3485
it reached sky @ 3700 for 1 min then deep under the ocean

Quoting Qayas
IF it breaks 3170 it will reach the sky.
  • #36,451
  • Mar 3, 2013 2:57pm Mar 3, 2013 2:57pm
.
Quoting stevewalker
a very simple equation
>3050 BULL
<3050 BEAR
  • #36,452
  • Mar 3, 2013 2:57pm Mar 3, 2013 2:57pm
Quoting Qayas
IF it breaks 3170 it will reach the sky.
Based on what?
Mind you, my first name is Bad. ..."Nunc Id Vides, Nunc Ne Vides"...
  • #36,453
  • Mar 3, 2013 3:10pm Mar 3, 2013 3:10pm
1st week of month.
there will be important news & events.

be carefull trading for every 1st week of month.
  • #36,454
  • Mar 3, 2013 4:04pm Mar 3, 2013 4:04pm
a small gap

ok will wait untill UK session.
  • #36,455
  • Mar 3, 2013 6:27pm Mar 3, 2013 6:27pm
Nothing special. expected more. same here. will be waiting till London open.
  • #36,456
  • Mar 4, 2013 12:17am Mar 4, 2013 12:17am
I am expecting this week a further sell off in the EURUSD. Here my analysis in the daily chart:
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 40 KB
  • #36,457
  • Mar 4, 2013 1:34am Mar 4, 2013 1:34am
EU
It's clear that right now the trend is toward support but during the day we face with up and down for day traders
This may gives a picture of trend and important level 1.3040/48 and 1.2878/85
Attached Image
Don’t follow someone else’s trading advice blindly
  • #36,458
  • Edited 2:31am Mar 4, 2013 2:08am | Edited 2:31am
New interesting week with a lot of opportunities.
Right now I am just observing the EUR/USD, will do so untill I see some interesting formations in the chart.
Good trading to you all.
  • #36,459
  • Mar 4, 2013 2:47am Mar 4, 2013 2:47am
It's narrowing range. I am looking for break below 1.2985 to go short. long is a bit murkier.
  • #36,460
  • Mar 4, 2013 3:08am Mar 4, 2013 3:08am
The symmetrical triangle indicate we will keep going down, so a break of the bottom line will make me go short.
Quoting shiko
It's narrowing range. I am looking for break below 1.2985 to go short. long is a bit murkier.
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