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  • #17,121
  • Apr 25, 2013 6:32am Apr 25, 2013 6:32am
Quoting T@rantula
Today Chris and I will be holding a completely FREE WEBINAR about divergence and how to trade divergence so everyone interested in it ARE FREE to JOIN. We will share the knowledge with you. YOU CAN SIGN UP HERE.
One of the reasons I like the divergence and where I base my analysis is the example of 3030 retest continuation pattern.

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  • #17,122
  • Apr 25, 2013 8:37am Apr 25, 2013 8:37am
HIDDEN BEARISH DIVERGENCE @ H4 TF, reversed the price completely..thats why we need to always pay attention to it.


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  • #17,123
  • Apr 25, 2013 9:08am Apr 25, 2013 9:08am
Right to the pip. 3000.


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  • #17,124
  • Apr 26, 2013 4:34am Apr 26, 2013 4:34am
Hey guys, today I wont trade, Ill be waiting for London Noon then Ill update my analysis on EURUSD. Today is a profit taking day, so Id like to wait..The thing is we should get to 2940-20 region as MOMENTUM to the downside is more powerful then upside momentum and its still a range bound trading. 3060 is interim resistance but still we need to wait for PA to develop in a better way.
  • #17,125
  • Apr 26, 2013 6:33am Apr 26, 2013 6:33am
BEARISH FLAG on H1 timeframe pulls the pair lower. 3030 is interim resistance with 3050 being intraday resistance. Sell the rallies is recommended and we can see that the flag of the pole gives us 2950 and the break of it aims for 2920.

However today is Friday and a profit taking day so pay attention to those levels and careful with risk management.

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  • #17,126
  • Edited 6:03am Apr 29, 2013 5:52am | Edited 6:03am
Analysis for EURUSD 29.April.2013.

EURUSD is trading in the channel and we can notice both bullish and bearish patterns. We need to watch the levels. 3030 is important as break of 3030 aims for 3000 and 2985. While above 3030 targets are 3075 and 3115. Break of 3110 aims for 3115.

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You can also read the analysis on my Forex Blog.
  • #17,127
  • Apr 29, 2013 6:08am Apr 29, 2013 6:08am
Pay attention to Price Action. EURUSD might be bullish next few days. THURSDAY is the most important day for this pair as ECB will be deciding about bid rate.
  • #17,128
  • Apr 29, 2013 7:39am Apr 29, 2013 7:39am
Quoting T@rantula
Analysis for EURUSD 29.April.2013. EURUSD is trading in the channel and we can notice both bullish and bearish patterns. We need to watch the levels. 3030 is important as break of 3030 aims for 3000 and 2985. While above 3030 targets are 3075 and 3115. Break of 3110 aims for 3115. {image} You can also read the analysis on my Forex Blog.
3115 pipped out, everything goes as planned, buying the dips towards 3075 works good.
  • #17,129
  • Apr 30, 2013 4:11am Apr 30, 2013 4:11am
EURUSD, same action every day until Thursday - Friday ( bid rate decision/NFP) where we will have next trend setting. Until then price is expected to range with bullish tone but bigger range.


Supports are: 3050 and 3030 Resistances are: 3100 3120
  • #17,130
  • Apr 30, 2013 6:12am Apr 30, 2013 6:12am
So far this pullback seems corrective to me. 50.0 fib and trendline should stop the further fall of the pair. 3050 is crucial level. If it holds the pair aims for another 3100-3120 where the break could lead to 3150. If it drops below 3050..3030 then 3000 is favoured.

I buy into dips above 3050 level keeping the stops tight.

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  • #17,131
  • Apr 30, 2013 8:16am Apr 30, 2013 8:16am
You see how dips towards 3050 are being bought...
  • #17,132
  • Apr 30, 2013 8:42am Apr 30, 2013 8:42am
Quoting T@rantula
So far this pullback seems corrective to me. 50.0 fib and trendline should stop the further fall of the pair. 3050 is crucial level. If it holds the pair aims for another 3100-3120 where the break could lead to 3150. If it drops below 3050..3030 then 3000 is favoured. I buy into dips above 3050 level keeping the stops tight. {image}
Here we go 3150 10 pips away.
  • #17,133
  • Apr 30, 2013 9:04am Apr 30, 2013 9:04am
3150 reached. Im done for the day.
  • #17,134
  • Apr 30, 2013 10:02am Apr 30, 2013 10:02am
Quoting T@rantula
{quote} Here we go 3150 10 pips away.
I hunted buy@3070 early now 3180
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  • #17,135
  • May 1, 2013 12:00am May 1, 2013 12:00am
Quoting egkid
{quote} I hunted buy@3070 early now 3180 {image}
Morning
3262 possible today
  • #17,136
  • May 1, 2013 4:23am May 1, 2013 4:23am
Quoting egkid
{quote} I hunted buy@3070 early now 3180 {image}
Quoting egkid
{quote} Morning 3262 possible today
Morning EG, excellent trading. You went with the trend and there are the results . Yes 3240-3260 possible.
  • #17,137
  • May 1, 2013 4:33am May 1, 2013 4:33am
Quoting T@rantula
{quote} {quote} Morning EG, excellent trading. You went with the trend and there are the results . Yes 3240-3260 possible.
Yep waiting the level u mention to lock my profit
  • #17,138
  • May 1, 2013 10:39am May 1, 2013 10:39am
Quoting egkid
{quote} Yep waiting the level u mention to lock my profit
40+ closed
cya tomorrow
  • #17,139
  • May 2, 2013 4:30am May 2, 2013 4:30am
Hello guys,

We can see that EURUSD has made Head and Shoulders pattern and Flat bottom descending triangle that puts 3185 INTRADAY resistance and bullish continuation level. While EURUSD is capped by 3180 it targets 3120 then 3090 and 3050, while ONLY above 3185 targets are 3210 and 3240.

If 3240 breaks 3280 is next. At the moment how things are looking just below 3180 EURUSD looks good to sell short. Today ECB conference after bid rate decision along with trade balance data release will be main mover of the market.

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  • #17,140
  • May 2, 2013 6:49am May 2, 2013 6:49am
Quoting T@rantula
Hello guys, We can see that EURUSD has made Head and Shoulders pattern and Flat bottom descending triangle that puts 3185 INTRADAY resistance and bullish continuation level. While EURUSD is capped by 3180 it targets 3120 then 3090 and 3050, while ONLY above 3185 targets are 3210 and 3240. If 3240 breaks 3280 is next. At the moment how things are looking just below 3180 EURUSD looks good to sell short. Today ECB conference after bid rate decision along with trade balance data release will be main mover of the market. {image}


God - you mentioned it right fred - this was a typical move and it stalled around 3180 - 3185 and even down side levels also were good enough - 3120 ...... yep T wins
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