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  • #39,221
  • Mar 21, 2013 9:42pm Mar 21, 2013 9:42pm
We will see how much pressure down the gap gives us we might not even make it to .3075. Who knows with this mess very hard to read. I would have expected more movement downward by now so this wave C up and the gap makes me believe we will fill.
  • #39,222
  • Mar 21, 2013 9:42pm Mar 21, 2013 9:42pm
Quoting stevewalker
what a
great
massive
total
absolute

MESS
http://www.chartpatterns.com/invtdhe...lderschrts.htm

where did he mention his NL (Neckline) was?
  • #39,223
  • Mar 21, 2013 9:44pm Mar 21, 2013 9:44pm
ı was expecting the same
more down move before WE

but actually MKT waiting for cyprus case.
actually they are waiting if cyprus will be fired or leave or stay

Quoting MeInGraySuit
We will see how much pressure down the gap gives us we might not even make it to .3075. Who knows with this mess very hard to read. I would have expected more movement downward by now so this wave C up and the gap makes me believe we will fill.
  • #39,224
  • Mar 21, 2013 9:45pm Mar 21, 2013 9:45pm
Quoting stevewalker
everything now counts on cyprus.

if we will have no news from cyprus today UK most prıobably will short it. ( this may be done also with short fill means up move )
& US most robably will try to close the gap after UK close

everything now counts on cyprus.
Every short attempt bounces back up pretty strong. The past 4 hours has been nothing but accumulation and market rising with no attempt to short. Lets see what happens. Yes I agree short fill will push it up pretty quick as well. As long as we can extract from the market is what matters.

I recall these types of moves though it just is so similiar to a short term reversal. I stayed in a trade for a week and a half like this trade until it finlly reversed and went bullish 500 + pips before it continued the downtrend.

Anyhow cheers lets see what happens
Know when to hold em, Know when to fold em!
  • #39,225
  • Mar 21, 2013 9:45pm Mar 21, 2013 9:45pm
I did not mention any NL
you asked for one & I hve no clue what it is

Quoting TraderPablo
http://www.chartpatterns.com/invtdhe...lderschrts.htm

where did he mention his NL (Neckline) was?
  • #39,226
  • Mar 21, 2013 9:46pm Mar 21, 2013 9:46pm
.
Quoting TraderPablo
neckln
  • #39,227
  • Mar 21, 2013 9:46pm Mar 21, 2013 9:46pm
.
Quoting TraderPablo
where is ur nl?
  • #39,228
  • Mar 21, 2013 9:47pm Mar 21, 2013 9:47pm
.
Quoting stevewalker
nl?
  • #39,229
  • Mar 21, 2013 9:47pm Mar 21, 2013 9:47pm
Quoting MeInGraySuit
Should have some resistance at .3075 after gap is filled.
Never say what should happen. Actually Resistance is 1.3081. Psych levels such as 8o and 5o are not much meaning full except for scalpers, when it comes to the 00 levels this is where counts and 1.29 is holding. Price never always goes straight down.
Know when to hold em, Know when to fold em!
  • #39,230
  • Mar 21, 2013 9:48pm Mar 21, 2013 9:48pm
ok
he did not asked for a neckline
he did ask if itcan be called as reversed SHS?

Quoting stevewalker
I did not mention any NL
you asked for one & I hve no clue what it is
  • #39,231
  • Mar 21, 2013 9:50pm Mar 21, 2013 9:50pm
Quoting stevewalker
ı was expecting the same
more down move before WE

but actually MKT waiting for cyprus case.
actually they are waiting if cyprus will be fired or leave or stay
My personal belief will be we will go up on "hopium" but I think Cyprus might leave the EU. Just my opinion. They say they are leaving it up to the people, if my gov't would take my money something would hit the fan. It is bad enough US is 16+ trillion in debt that is about 35k for each citizen in the US, then if they were to take money from my accounts to pay that would put Americans over the top. I think it would lead to civil war....citizens vs govt. Not good!
  • #39,232
  • Mar 21, 2013 9:51pm Mar 21, 2013 9:51pm
1st SHS should be determined to talk about NL
means first he should decide if its a SHS or not
if yes then we can discuss NL

Quoting hadleyma
is that an inverted head and shoulder pattern on the 4hr and 1hr? neckline at 1.295?
  • #39,233
  • Mar 21, 2013 9:51pm Mar 21, 2013 9:51pm
Quoting stevewalker
ok
he did not asked for a neckline
he did ask if itcan be called as reversed SHS?
SHS according to wikipedia

http://en.wikipedia.org/wiki/SHS

lol couldnt resist
Know when to hold em, Know when to fold em!
  • #39,234
  • Mar 21, 2013 9:52pm Mar 21, 2013 9:52pm
Quoting stevewalker
ok
he did not asked for a neckline
he did ask if itcan be called as reversed SHS?
This one?
Attached Image (click to enlarge)
Click to Enlarge Name: eurh4.jpg Size: 88 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #39,235
  • Mar 21, 2013 9:53pm Mar 21, 2013 9:53pm
Quoting TraderPablo
http://www.chartpatterns.com/invtdhe...lderschrts.htm

where did he mention his NL (Neckline) was?
looks like NL is at 2975/2990 area...word of caution this market is heavily oversold and came to rest in the 50% retracement area measured from the 1.2040 low to the 1.3710 high if it does not tank from here it will try to close the gap and maybe more..my 5cnts.
  • #39,236
  • Mar 21, 2013 9:54pm Mar 21, 2013 9:54pm
Quoting goods
Never say what should happen. Actually Resistance is 1.3081. Psych levels such as 8o and 5o are not much meaning full except for scalpers, when it comes to the 00 levels this is where counts and 1.29 is holding. Price never always goes straight down.
Sorry, my opinion is that there could be resistance at .3075 which is around .3081. Everything posted I believe should be considered an opinion. I thought that was understood...
  • #39,237
  • Mar 21, 2013 9:55pm Mar 21, 2013 9:55pm
my guess merkel is trying to get rid of cyprus
but she does not want to fire
she wants to make they leave by their own

or

she really wants to get some of russian money

ok
normally russian goverment does not give a hell of those russians money haircut. due they run away from tax. paying tax to russian goverment.
but what russia wants to do is by givng money, getting militery base @ cyprus. tihs what they intersted in. other issues are detail for them

Quoting MeInGraySuit
My personal belief will be we will go up on "hopium" but I think Cyprus might leave the EU. Just my opinion. They say they are leaving it up to the people, if my gov't would take my money something would hit the fan. It is bad enough US is 16+ trillion in debt that is about 35k for each citizen in the US, then if they were to take money from my accounts to pay that would put Americans over the top. I think it would lead to civil war....citizens vs govt. Not good!
  • #39,238
  • Mar 21, 2013 9:56pm Mar 21, 2013 9:56pm
H&S according to wikipedia

http://en.wikipedia.org/wiki/H&S
Quoting goods
SHS according to wikipedia

http://en.wikipedia.org/wiki/SHS

lol couldnt resist
  • #39,239
  • Mar 21, 2013 9:57pm Mar 21, 2013 9:57pm
Quoting MeInGraySuit
Sorry, my opinion is that there could be resistance at .3075 which is around .3081. Everything posted I believe should be considered an opinion. I thought that was understood...
Sorry let me clarify, instead of should, make it a belief . Stick with your gut and you will win.
Know when to hold em, Know when to fold em!
  • #39,240
  • Mar 21, 2013 9:57pm Mar 21, 2013 9:57pm
yes

Quoting Mr. Scott
This one?
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