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  • #805,261
  • Jun 6, 2013 2:25am Jun 6, 2013 2:25am
Seems it's going away from previous resistance at 3100/10 which looks like support now. If I were short, I would cover now.
Simplicity is the Ultimate Sophistication.
  • #805,262
  • Jun 6, 2013 2:38am Jun 6, 2013 2:38am
Anyone see a bear flag on daily ?
  • #805,263
  • Jun 6, 2013 2:44am Jun 6, 2013 2:44am
Anyone shorting? I see a bearish crab. RSI confirms. I am short! @1.311 SL @
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 235 KB
1.315
  • #805,264
  • Jun 6, 2013 2:45am Jun 6, 2013 2:45am
and we are back at 1.31 again. perfect
"You're solid gold, see you in hell"
  • #805,265
  • Jun 6, 2013 2:49am Jun 6, 2013 2:49am
Quoting Corral
Anyone see a bear flag on daily ?
Difficult to interpret. It could be but there is no zig-zags drawing the flag, only bull candles.
Simplicity is the Ultimate Sophistication.
  • #805,266
  • Jun 6, 2013 2:52am Jun 6, 2013 2:52am
Quoting namitak007
Anyone shorting? I see a bearish crab. RSI confirms. I am short! @1.311 SL @ {image}1.315
A box has just been broken to the upside and you are shorting ? Good luck!
Simplicity is the Ultimate Sophistication.
  • #805,267
  • Jun 6, 2013 2:59am Jun 6, 2013 2:59am
Quoting broketrader
{quote} A box has just been broken to the upside and you are shorting ? Good luck!

okay thanks! I trust my charts! Can afford loss!
  • #805,268
  • Jun 6, 2013 3:00am Jun 6, 2013 3:00am
Quoting broketrader
{quote} Difficult to interpret. It could be but there is no zig-zags drawing the flag, only bull candles.
Yup, you're right
  • #805,269
  • Jun 6, 2013 3:10am Jun 6, 2013 3:10am
Quoting namitak007
Anyone shorting? I see a bearish crab. RSI confirms. I am short! @1.311 SL @ {image}1.315
from : http://www.fx360.com/techAnalysis/ch...y-pattern.aspx

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 35 KB


See point 4 !
Simplicity is the Ultimate Sophistication.
  • #805,270
  • Jun 6, 2013 3:11am Jun 6, 2013 3:11am
Quoting yelena
{quote} i think there will be no rate cut on GU today so my bet is that it will sky rocket to weekly r3 or monthly r1, then i will start to look at a short (assuming the words would be the same a RBA, open to possibility of cutting rates within 2013) kiwi is hard leave that to you! {image}

good call both eu and cable r are violated, and popped through the resist quite hard

kiwi 4hr s holding for now she back tapping todays open which is also close to Monday and monthly open so will be interesting

some big data tonigh going to be some good moves
Attached Image (click to enlarge)
Click to Enlarge Name: kiwi 4hr 6 6 2013.png Size: 29 KB
If you are new to Forex? Say Goodbye to your account!!
  • #805,271
  • Jun 6, 2013 3:15am Jun 6, 2013 3:15am
Quoting broketrader
{quote} from : http://www.fx360.com/techAnalysis/ch...y-pattern.aspx {image} See point 4 !
hmm thanks. But RSI made me to enter.
  • #805,272
  • Jun 6, 2013 3:16am Jun 6, 2013 3:16am
Could this be a false break out?
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  • #805,273
  • Jun 6, 2013 3:20am Jun 6, 2013 3:20am
Quoting namitak007
{quote} hmm thanks. But RSI made me to enter.
You'are welcome, if you allow me a last word, I traded in the past with RSI, stochastics and other oscillators and sometimes they are OB/OS and price continues in the same direction for long, but I will not disturb you anymore with that.
Simplicity is the Ultimate Sophistication.
  • #805,274
  • Jun 6, 2013 3:22am Jun 6, 2013 3:22am
Quoting namitak007
{quote} hmm thanks. But RSI made me to enter.

And most important It's Crab pattern. How I missed your comment! Butterfly even looks similar, but Crab pattern have some differences! PA exceeding 1.618 is Normal!!!
  • #805,275
  • Jun 6, 2013 3:27am Jun 6, 2013 3:27am
Market is consolidating at highs.

It could break upside (1.3141 and 60) but i dont see any interest to do it yet not saying it needs to wait BOE and ECB news though.

Anyway, if pair gets hourly close below 1.3115/17, i see immediate threat to break upside before the news not likely and ranged behaviour.
They think they are smarter than I am.
  • #805,276
  • Jun 6, 2013 3:29am Jun 6, 2013 3:29am
Quoting Kingscalp
Could this be a false break out? {image}
it could be false B.O
it could be real B.O
if there is something you should keep secret,simply just save it,, so, just
  • #805,277
  • Jun 6, 2013 3:40am Jun 6, 2013 3:40am
see ya at 1.32 it`s first resistance and pretty strong i think it`s good place for sell, but only then if it`s come till ~ 1 or 2pm
  • #805,278
  • Jun 6, 2013 3:40am Jun 6, 2013 3:40am
Quoting sandycarrot
{quote} it could be false B.O it could be real B.O
yes, they are all very cautious, technically it seems due to reverse tough (my perception) in the 4h.

My view in my TF (5) is still up and I will enter at a better price if PA permitted.
  • #805,279
  • Jun 6, 2013 3:43am Jun 6, 2013 3:43am
To be fair I called this 3120 top all the way back in 2010. My longest prediction ever, lol. But seriously, what is it with this level? It's very creepy and today is 6.6. 2+1+3 =6 be afraid be very afraid. Check this out!
Attached Image (click to enlarge)
Click to Enlarge Name: Creepy3120.png Size: 71 KB
Founder of Sutherland Wave Principle
  • #805,280
  • Jun 6, 2013 3:46am Jun 6, 2013 3:46am
Quoting suthmo
To be fair I called this 3120 top all the way back in 2010. My longest prediction ever, lol. But seriously, what is it with this level? It's very creepy and today is 6.6. 2+1+3 =6 be afraid be very afraid. Check this out! {image}
Hahaha impressive. Quick show of hands. Who's shorting/longing? I'm short.
Never let success get to your head because the market will punish you
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