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  • #770,921
  • Mar 13, 2013 5:55am Mar 13, 2013 5:55am
EJ is stuck at the H4 Tenkan Sen...doesn't look like it wants to go lower. If it breaks through my next target is 123.30ish.
  • #770,922
  • Mar 13, 2013 5:56am Mar 13, 2013 5:56am
Depending how this 15 minute candle closes, we could retrace to 2994.
REQUESTING NO VOUCHES.Vouches are useless.
  • #770,923
  • Mar 13, 2013 5:57am Mar 13, 2013 5:57am
Quoting Pegasus54
If 2938 would happen to give then 2893 would be possible but it is struggling with 2963 at the moment.
not struggling, after initial drop there is usual pullback, test 2990 and if fail to go up you got your targets on the plate, we have just witnessed typical move between weekly mid pivots combined with intraday middle points, got 2916 as my weekly which would be good support to end todays session but such a swing would require a big push from bears,
good luck
swing it!
  • #770,924
  • Mar 13, 2013 5:57am Mar 13, 2013 5:57am
Quoting halkins
Yes, yes... I know.
This happened to me few times this month that my profits were "eaten"...
But this was horribly and badly ranging market for nearly two weeks.
I hope it won't happen this time
chat to you tomorrow good luck buddy
Trade What You See Not What You Want To See
  • #770,925
  • Mar 13, 2013 5:58am Mar 13, 2013 5:58am
Quoting pipsallday
chat to you tomorrow good luck buddy
Yes, struggling at 2963
Sorry, that was a reply to tomspin
REQUESTING NO VOUCHES.Vouches are useless.
  • #770,926
  • Mar 13, 2013 5:58am Mar 13, 2013 5:58am
Quoting Kambooj
Expect a strong thrust upwards towards the T1 trendline. The lower black circle will continue to hold motion back and repel it upwards. The drop from 3060 to 2970 is very close to the pole of the black circle. A second attempt will be made towards 3150 soon, that will have support at the inner perimeter of the blue circle
nice view
  • #770,927
  • Mar 13, 2013 5:58am Mar 13, 2013 5:58am
Quoting ec_creep
hmm.. 2941 on mine is exactly between your 2 numbers.

I went long at 2967, mate. I remember there was this low previously, when at that time, I went long at 2974.
... and I'm sure someone else has 2946

I'm leaving EU for the minute - and going in on EA for a tech bounce here - good luck
  • #770,928
  • Mar 13, 2013 6:00am Mar 13, 2013 6:00am
Quoting Pegasus54
Yes, struggling at 2963
Sorry, that was a reply to tomspin
Trade What You See Not What You Want To See
  • #770,929
  • Mar 13, 2013 6:02am Mar 13, 2013 6:02am
Quoting Kambooj
Expect a strong thrust upwards towards the T1 trendline. The lower black circle will continue to hold motion back and repel it upwards. The drop from 3060 to 2970 is very close to the pole of the black circle. A second attempt will be made towards 3150 soon, that will have support at the inner perimeter of the blue circle
voodoo.... your analysis right on point..i expect a push to about 3150 3180 ish lets see if it works
  • #770,930
  • Mar 13, 2013 6:02am Mar 13, 2013 6:02am
Quoting chazzle
... and I'm sure someone else has 2946

I'm leaving EU for the minute - and going in on EA for a tech bounce here - good luck
lol!

thx, good luck w/ yours
  • #770,931
  • Mar 13, 2013 6:04am Mar 13, 2013 6:04am
Quoting 4exNinja
EJ is stuck at the H4 Tenkan Sen...doesn't look like it wants to go lower. If it breaks through my next target is 123.30ish.

you think its going to retest trendline break again ?
  • #770,932
  • Mar 13, 2013 6:05am Mar 13, 2013 6:05am
Quoting Kambooj
Expect a strong thrust upwards towards the T1 trendline. The lower black circle will continue to hold motion back and repel it upwards. The drop from 3060 to 2970 is very close to the pole of the black circle. A second attempt will be made towards 3150 soon, that will have support at the inner perimeter of the blue circle
Out of interest...how do you decide where to draw those circles? Because if you did the same just a little earlier it would have clearly broken through it, invalidating your circle analysis.
  • #770,933
  • Mar 13, 2013 6:06am Mar 13, 2013 6:06am
Quoting SnaveForex
the ecb is protecting it from dipping.... they would like euro to be 1.3 and 1.34...it will surely take some balls to drive it further below
I agree on the first part. But that dollar is destined to get stronger - there doesnt seem to be a bad bit of data, relatively speaking of course.. As a pair the Euro will fall lower, but not greatly.. 12700s possibly.. It should be onwards and upwards from then if you look at a monthly chart.

The ECB wont move those rates any lower. Surely??!!
Don't over egg the cake.
  • #770,934
  • Mar 13, 2013 6:06am Mar 13, 2013 6:06am
Quoting SnaveForex
voodoo.... your analysis right on point..i expect a push to about 3150 3180 ish lets see if it works
I also have this view. I will only change to bearish view if it breaks 1.28
  • #770,935
  • Mar 13, 2013 6:06am Mar 13, 2013 6:06am
Quoting spartanforex
you think its going to retest trendline break again ?
I don't have a bias at the moment, all I know is that right now shorting would be too early and I'm not getting a long signal...so staying on the sidelines.
  • #770,936
  • Mar 13, 2013 6:10am Mar 13, 2013 6:10am
another shot at that 2963 may break it and head for 2938. Otherwise, 2994.
REQUESTING NO VOUCHES.Vouches are useless.
  • #770,937
  • Mar 13, 2013 6:11am Mar 13, 2013 6:11am
Quoting Testit
I agree on the first part. But that dollar is destined to get stronger - there doesnt seem to be a bad bit of data, relatively speaking of course.. As a pair the Euro will fall lower, but not greatly.. 12700s possibly.. It should be onwards and upwards from then if you look at a monthly chart.

The ECB wont move those rates any lower. Surely??!!
on the monthly...its looking like it has found support or is finding support...i push to 1.31 may be 1.32 to push it back to the lows...
  • #770,938
  • Mar 13, 2013 6:12am Mar 13, 2013 6:12am
Quoting 4exNinja
I don't have a bias at the moment, all I know is that right now shorting would be too early and I'm not getting a long signal...so staying on the sidelines.
me too. ill be intereested at 123.85 though to see if it gives support if not probably will head towards that trendline
  • #770,939
  • Mar 13, 2013 6:12am Mar 13, 2013 6:12am
Quoting Pegasus54
another shot at that 2963 may break it and head for 2938. Otherwise, 2994.
i wouldnt short there..never!! it might spike up if it has to
  • #770,940
  • Mar 13, 2013 6:12am Mar 13, 2013 6:12am
Quoting Pegasus54
another shot at that 2963 may break it and head for 2938. Otherwise, 2994.
good analysis mate - vouched!
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