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  • #840,601
  • Oct 4, 2013 12:19am Oct 4, 2013 12:19am
Dollar down.. pound down... next euro will. Just wish a stock market crash now. :-p
  • #840,602
  • Oct 4, 2013 12:31am Oct 4, 2013 12:31am
EU and AU
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  • #840,603
  • Oct 4, 2013 12:34am Oct 4, 2013 12:34am
top scalping started with bull target on the top though but the top may act like a limit level & a correction before any more strong bull hit that level or not at all , once for all bull formula . so scalping short goes on top with or without limit/target breaks for now or then both .
lets see .
fontu
http://www.forexfactory.com/showthre...73#post7005973
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #840,604
  • Oct 4, 2013 12:37am Oct 4, 2013 12:37am
i am long at 1.6133 gbp-usd


TP 6163


SL 6113
  • #840,605
  • Oct 4, 2013 12:37am Oct 4, 2013 12:37am
Quoting gatorinla
{quote} just asking {image}
Interesting... any game-changers?
  • #840,606
  • Oct 4, 2013 12:45am Oct 4, 2013 12:45am
Quoting P.Action
i am long at 1.6133 gbp-usd TP 6163 SL 6113
any particular reason ?
Don't be a hero. Don't have an ego. Always question yourself
  • #840,607
  • Oct 4, 2013 1:07am Oct 4, 2013 1:07am
First friday of the month but no NFP. Feels weird, odd, strange..... kind of like wife gone to her parents, leaving you to relax and get bored (in a good way) lol
In other news: A ranger was trapped between a bull and a bear
  • #840,608
  • Oct 4, 2013 1:08am Oct 4, 2013 1:08am
Eurusd should stay between 601 - 625 until 12:00 BST London.

After that need to calculate again.

Sudden news may change game plan at any point.


Btw, looked like my daily close prediction yesterday was pretty accurate and that audusd leaps upside
They think they are smarter than I am.
  • #840,609
  • Oct 4, 2013 1:12am Oct 4, 2013 1:12am
Quoting digiff
First friday of the month but no NFP. Feels weird, odd, strange..... kind of like wife gone to her parents, leaving you to relax and get bored (in a good way) lol
So that means no wild 100 pip spikes in both directions seconds apart then?
  • #840,610
  • Oct 4, 2013 1:18am Oct 4, 2013 1:18am
Quoting 2012mysterio
{quote} So that means no wild 100 pip spikes in both directions seconds apart then?
+100 pip swings in seconds during NFP seldom happens these days. Gone are those years when it was more common.
In other news: A ranger was trapped between a bull and a bear
  • #840,611
  • Oct 4, 2013 1:21am Oct 4, 2013 1:21am
Quoting USD-Bear
{quote} any particular reason ?

definetly yes. G-U support zone and E-G resistence zone. it was worth to try

by the way i am stopped out

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  • #840,612
  • Oct 4, 2013 1:28am Oct 4, 2013 1:28am
Quoting P.Action
{quote} definetly yes. G-U support zone and E-G resistence zone. it was worth to try by the way i am stopped out {image} {image}
i really appreciate traders who explain their entries evern after getting stopped out

your reasons where quite convincing to take the long but as they always say, do not try picking a falling knife! for me i ignore all my trade entry signals when a pair PA is rocketing or falling quickly until a decent resistance is clear on a higher time frame.

Good luck bro
  • #840,613
  • Edited 7:44am Oct 4, 2013 1:33am | Edited 7:44am
Quoting P.Action
{quote} definetly yes. G-U support zone and E-G resistence zone. it was worth to try by the way i am stopped out {image} {image}
waiting for a bounce right now. my pa-target at 61023 is reached, gator has an extension towards 6094.something. 6181.3 what I'm looking at from a hipshot for a reload.
  • #840,614
  • Oct 4, 2013 1:36am Oct 4, 2013 1:36am
If anyone is there who is expert in PA please tell me if this is correct ?

This is AUDJPY 1HR chart.
White box has rejection 3 times.
and the white line acts as support.
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-milkeyway
  • #840,615
  • Oct 4, 2013 1:36am Oct 4, 2013 1:36am
Quoting hadox
{quote} euro going nowhere.. oh well.. cable going the right way atm, 1.623x/5x is a pretty strong area, as always it's hard to say something about targets, IF the weekly turns south (a close under 1.613x) I would look for 1.600x as the 1. target, the next targets are to uncertain if PA turns etc etc.. but next levels would be 1.593x/1.587x zone, 1.580x and final target at 1.563x... the scenario is valid as long as tuesday hi doesn't get broken.. lets see what happens..
cable is getting hammered, not bad.. 1.613x is still key for today, but atm it looks pretty good for bears..

at any rate enjoy the weekend
Patience is a virtue...
  • #840,616
  • Oct 4, 2013 1:45am Oct 4, 2013 1:45am
Quoting kumaramy
If anyone is there who is expert in PA please tell me if this is correct ? This is AUDJPY 1HR chart. White box has rejection 3 times. and the white line acts as support. {image}
yes, but the latest LH might indicate a break of the white line, not a pattern I would like for a potential long
Don't be a hero. Don't have an ego. Always question yourself
  • #840,617
  • Oct 4, 2013 1:47am Oct 4, 2013 1:47am
Minor Resistance at 1.3626. Major at 1.3641.
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  • #840,618
  • Oct 4, 2013 1:51am Oct 4, 2013 1:51am
Is it suposed to be NFP today?? I can't see the event in the FF news nor DailyFx Calendar
  • #840,619
  • Oct 4, 2013 1:54am Oct 4, 2013 1:54am
Quoting kumaramy
If anyone is there who is expert in PA please tell me if this is correct ? This is AUDJPY 1HR chart. White box has rejection 3 times. and the white line acts as support. {image}
i know you hate me hahaha, but let me give you my analysis:

if you would like to go long, keep your SL below the red tredline which means almost 50 pips, so at least RR has to be 1:1 and you will look for tp around 92.30 which is almost the top of the yellow line.

Good Luck!
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  • #840,620
  • Oct 4, 2013 1:58am Oct 4, 2013 1:58am
Quoting kumaramy
If anyone is there who is expert in PA please tell me if this is correct ? This is AUDJPY 1HR chart. White box has rejection 3 times. and the white line acts as support. {image}
It is indeed a minor support which may or may not hold.

Reasons:

AUD/USD is at resistance.
USD/JPY is under pressure 97.00 may break.
It's not known if there's direct selling pressure of A/J itself before the facts.
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