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  • #771,721
  • Mar 14, 2013 6:06pm Mar 14, 2013 6:06pm
Quoting Vectamart
Problem right now is, UJ is dropping and thus undoing the good work of EU
And I read some posts that E/U bullish was due to dollar weakness and confirmed by U/J
  • #771,722
  • Mar 14, 2013 6:16pm Mar 14, 2013 6:16pm
hi all , The first Posting .

Pentagon chart

Attached Image (click to enlarge)
Click to Enlarge Name: pentagon.jpg Size: 157 KB
  • #771,723
  • Mar 14, 2013 6:39pm Mar 14, 2013 6:39pm
Quoting Dollarvish
hi all , The first Posting .

Pentagon chart

Attachment

Interesting, suggests more bearish ahead.

Got to agree, same with GBP. Today just a correction, still trending down IMO
Money never sleeps...
  • #771,724
  • Mar 14, 2013 7:02pm Mar 14, 2013 7:02pm
Quoting Dollarvish
hi all , The first Posting .

Pentagon chart

Attachment
I post 1 chart well done bro, very nice start to join our muppet club welcome

Nice clean neat chart, dont understand it, but looks good and shows some similar levels to mine, 1 question, how long have you been charting like this, cause would be interested to see if past pentagons either as shown or inverted for bottom reversals have been printing.
If you are new to Forex? Say Goodbye to your account!!
  • #771,725
  • Mar 14, 2013 7:05pm Mar 14, 2013 7:05pm
morning, fellas
  • #771,726
  • Mar 14, 2013 7:10pm Mar 14, 2013 7:10pm
I have a rather embarassing short on from 1.295. The stop is now at 1.305.

I hope this upsurge in EURUSD is related to profit taking in the Dollar Index and that we will soon continue our march downwards.
  • #771,727
  • Mar 14, 2013 7:21pm Mar 14, 2013 7:21pm
morning everyone....enter swing on eu, set TP for 3026 and 3028
  • #771,728
  • Mar 14, 2013 7:28pm Mar 14, 2013 7:28pm
Looks like dollar/yen are going to cycle again.
When the facts change I change my mind, what do you do sir
  • #771,729
  • Mar 14, 2013 8:13pm Mar 14, 2013 8:13pm
Quoting LeeNoa
morning everyone....enter swing on eu, set TP for 3026 and 3028
didn't you go long at yesterday's low, ms. heartily?

not against yours today. I prefer it gets to 3042. 3052 is much preferred though. 3122, then I'll have all these lines redrawn. have a short running from 3014, if the moves are the same, 2928 should be seen again.

have fun, everyone. off to work
  • #771,730
  • Mar 14, 2013 8:53pm Mar 14, 2013 8:53pm
There is GU buying going on similar to london when it shot up.
  • #771,731
  • Mar 14, 2013 9:07pm Mar 14, 2013 9:07pm
Quoting Vectamart
Hello C Ken,

Welcome to the forum!

You might find it useful and instructive to look back at some of the recent postings on this site and refer to the relevant charts with the benefit of hindsight to compare people's predictions with what actually occurred.
Thanks you for leading me, JW
  • #771,732
  • Mar 14, 2013 9:22pm Mar 14, 2013 9:22pm
Quoting Vectamart
Clearly therefore, if both UJ & EU are bullish, then EJ is bound to also be bullish - and vice versa. That's the trouble with these triangulated cross pairs - the two pairs can sometimes either compromise a move or cancel it out completely. However, if both pairs are bullish, you're on to a safe bet.
Watching 3 charts only good to give sense of direction of the 3 pairs as best time for entry and to exit. The rest are pure gambling in lower TF's. Cross pairs are not easy to predict if 1 of 3 is out of sync moving in opposite direction. The easy part is when 3 of them are moving in one direction either up or down
  • #771,733
  • Mar 14, 2013 9:27pm Mar 14, 2013 9:27pm
what you think of my chart. im a newbie, doing what i understand. 1.3055 to look for shorts and 1.2960 for longs , also depending on how the daily candle closes.
Attached Image (click to enlarge)
Click to Enlarge Name: aa.gif Size: 85 KB
  • #771,734
  • Mar 14, 2013 9:29pm Mar 14, 2013 9:29pm
Quoting ultra_knight
UJ parabolic rally might end ...

EU bears got a last chance today to exit near 2920...

EU trying to regain momentum 3020 crossed...
  • #771,735
  • Mar 14, 2013 9:35pm Mar 14, 2013 9:35pm
Quoting Vectamart
As I've previously stated, generally, I tend not to trade the crosses but today I decided to make an exception and try longing EJ. I have come to the conclusion that this has to be one of the most frustrating pairs that I have traded to date. There are so many self-cancelling strengths and weaknesses amongst the component currencies of USD, EUR and JPY that the only time you get a decent move is when the two component.pairs, i.e. EU and UJ are both pulling in the same direction simultaneously.

Math - I will probably...
Not if you enter when there's a direct selling/buying for E/J - you entered when the move was over. It's impossible to trade noises in any currency pairs
  • #771,736
  • Mar 14, 2013 9:38pm Mar 14, 2013 9:38pm
Quoting Ken A
It's impossible to trade noises in any currency pairs

thank you
  • #771,737
  • Mar 14, 2013 9:49pm Mar 14, 2013 9:49pm
Quoting pipsallday
it was had 3 trades this morning @ $50 a pip + 10.6 pips
im up £353.59 STG so its time for me to walk away
heading out on the bike for a 50 mile run at 3pm
here are my trades
chat to you tomorrow
I know this is an old post but in the process of catching up from last night, the first time I read this in the context of escorts and sex workers I read that last line as "cheat with you tomorrow "!

  • #771,738
  • Mar 14, 2013 9:52pm Mar 14, 2013 9:52pm
anyone can advise how long more for the daily candle to close ? if it doesnt break soon enough, i will be shorting it .
  • #771,739
  • Mar 14, 2013 10:00pm Mar 14, 2013 10:00pm
Quoting ec_creep
didn't you go long at yesterday's low, ms. heartily?

not against yours today. I prefer it gets to 3042. 3052 is much preferred though. 3122, then I'll have all these lines redrawn. have a short running from 3014, if the moves are the same, 2928 should be seen again.

have fun, everyone. off to work
yep..ive done long yesterday (only for 15 pips-20pips big lot)
today its the same...looking for 15-20pips bull ....
ms heartily?
  • #771,740
  • Mar 14, 2013 10:09pm Mar 14, 2013 10:09pm
Quoting LeeNoa
yep..ive done long yesterday (only for 15 pips-20pips big lot)
today its the same...looking for 15-20pips bull ....
ms heartily?
nice wish u gd luck
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