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  • #803,641
  • May 31, 2013 3:27am May 31, 2013 3:27am
eu 1hr

31st May Todays open held well, nice entry, but I didnt take as busy elsewhere bull flag failure, pa dropped out bottom, also through rising tl, also through 23.6 fib of present rally, also through 1 3000 & 2988 and lastly through rising 50sma, right now held by 38 fib and bugger all else, pretty strong move considering is Friday, where is she going now who knows, but if 38 fib fails my guess is 50 fib is next station just below there is cluster daily opens Monday Tuesday and Thursday and 200sma tucked in at bottom, upwards is same supports she just smashed on her way down,

Well done bears, have finished week and month off nicely
Attached Image (click to enlarge)
Click to Enlarge Name: eu 1hr 31 may.png Size: 49 KB
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  • #803,642
  • May 31, 2013 3:31am May 31, 2013 3:31am
planning to short 1.2996 - stop 1.3010... 83 was area initially lookingt but 15 minute stochs makes me think as its turning we can get to 95 .. could go 130 but think 95 is sweet stop and stop 1.3010
  • #803,643
  • May 31, 2013 3:32am May 31, 2013 3:32am
I want 1,3003 or 1,3016 to see what's next
See if bulls take over or short it there
COT: The precious data ignored
  • #803,644
  • May 31, 2013 3:33am May 31, 2013 3:33am
Quoting PIP Guru
{quote} As i told earlier a touch is confirmed now.. lets see if 2967 hold any close above 2967 in 1 hr charts will make the pair move north.

if it gets to 96 it will get slammed down to 50.. the retrace then will be upto 83 and again slammed harder down although 70 was my planned target today and was looking to long there
  • #803,645
  • May 31, 2013 3:33am May 31, 2013 3:33am
Quoting kuroro001
I want 1,3003 or 1,3016 to see what's next See if bulls take over or short it there

Don't think it gets that high... am hopeful it gets too 1.2996.. if it break 1.2907 bulls take over
  • #803,646
  • May 31, 2013 3:37am May 31, 2013 3:37am
Hey guys, could you please tell me what was the reason behind the surge of the eur around the 2 white areas? It's really confusing because no solid fundamentals for the eur could be the reason for that
Attached Image (click to enlarge)
Click to Enlarge Name: eur.usd.surge.jpg Size: 188 KB
  • #803,647
  • May 31, 2013 3:38am May 31, 2013 3:38am
http://media.merchantcircle.com/1311...bull_full.jpeg

We wait...
  • #803,648
  • May 31, 2013 3:45am May 31, 2013 3:45am
all going lower.. cable wantshigher but wil go lower as euro weighing on it.... think cable though at1.41 is a good scalp for 45 pips
  • #803,649
  • May 31, 2013 3:51am May 31, 2013 3:51am
shorted 129.96.... stop 130.10.. now just prayer and hope lol.. don't like stochastic 15 min against me and hourly and my plan said where we landed was bottom and I didn't analyyse just how I view it see it, I mean eyeball it so hope am correct with 1.2890 but 1.2996 was the analysis spot for reload
  • #803,650
  • May 31, 2013 3:54am May 31, 2013 3:54am
Quoting Valid90
Hey guys, could you please tell me what was the reason behind the surge of the eur around the 2 white areas? It's really confusing because no solid fundamentals for the eur could be the reason for that {image}

Technicals expect higher as well but maybe not today, next week expect higher unless my initial plan holds out and we do go higher from 70 which I will be disappointed for changing the plan
  • #803,651
  • May 31, 2013 3:54am May 31, 2013 3:54am
Daily support seems to hold at 1.2975.
I might turn into bull.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #803,652
  • May 31, 2013 4:01am May 31, 2013 4:01am
bull run confirmed... enjoy the ride north.
Wait for the market to come to you.. then take the green pips..
  • #803,653
  • May 31, 2013 4:04am May 31, 2013 4:04am
who's thinking 128.90 who's thinking 1.3103... think I should have stuck to original plan which predicted 1.3103.. looking for a break of 1.3007 to confirm this and will re enter longs and exit short at 85,,, at bottom of previous trap break perfect place to long 68 and was my target area and my long area until changed mine.. and top of another trap is 1.3105 and the previous move on 4 hour from the bottom of today makes 1.3105 as well.. could go anyway
  • #803,654
  • May 31, 2013 4:05am May 31, 2013 4:05am
Quoting RussJ
who's thinking 128.90 who's thinking 1.3103... think I should have stuck to original plan which predicted 1.3103.. looking for a break of 1.3007 to confirm this and will re enter longs and exit short at 85,,, at bottom of previous trap break perfect place to long 68 and was my target area and my long area until changed mine.. and top of another trap is 1.3105 and the previous move on 4 hour from the bottom of today makes 1.3105 as well.. could go anyway
Get in the ride north before its too late. By the way i got in at 70 at BE now.
Wait for the market to come to you.. then take the green pips..
  • #803,655
  • May 31, 2013 4:08am May 31, 2013 4:08am
Quoting PIP Guru
bull run confirmed... enjoy the ride north.
Havent broken 1.30 yet!

Hi all
Even the worst trade can close with profit. Just give it time.
  • #803,656
  • May 31, 2013 4:08am May 31, 2013 4:08am
Quoting KillerWhale
Daily support seems to hold at 1.2975. I might turn into bull.
hey bro thats a big call for you because you been strong bear for most of week month , I have attach swissy 4hr

orange zone worthy of consideration
been resistance far left and then beakout up 10th may, and retest and continue up, she now retesting as support, general rules of R&S this retest could should hold, do have 200sma cruising up underneath also , wether it hold or not is not so important, but projected medium term move is very very nice pips up or down, she is contrarian to eu worth an eyeball
Attached Image (click to enlarge)
Click to Enlarge Name: swissy 4hr 31 May.png Size: 38 KB
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  • #803,657
  • May 31, 2013 4:11am May 31, 2013 4:11am
A 4hr close above 1.3000 should happen in the next two hrs.. to make the north move faster...
Wait for the market to come to you.. then take the green pips..
  • #803,658
  • May 31, 2013 4:13am May 31, 2013 4:13am
Quoting PIP Guru
bull run confirmed... enjoy the ride north.
We had almoast 100 pip drop, it's normal we should see some sort of correction and...after that, south again
  • #803,659
  • May 31, 2013 4:13am May 31, 2013 4:13am
Quoting PIP Guru
A 4hr close above 1.3000 should happen in the next two hrs.. to make the north move faster...
u will be left up there with your pants down ...
  • #803,660
  • May 31, 2013 4:14am May 31, 2013 4:14am
Quoting The_Roman
{quote} We had almoast 100 pip drop, it's normal we should see some sort of correction and...after that, south again
agree
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