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EURUSD

  • #841,301
  • Oct 8, 2013 12:43am Oct 8, 2013 12:43am
Quoting chazzle
{quote} yes it is - classic double top mate
Yes, with a certain breakout (in?) and a possible breakout pull back..
Wherever you go, there you are.
  • #841,302
  • Oct 8, 2013 12:49am Oct 8, 2013 12:49am
Quoting mercy seat
{quote} Possible ... but sideways for a while at the present time ... and therefore we can play it in ping-pong mode ... ;-|
a little surprised it rolled back over after this 12hr rising wedge tbh - if I had to bet at the time - I probably would have gone for the mid
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  • #841,303
  • Oct 8, 2013 12:53am Oct 8, 2013 12:53am
Quoting fxmasterdxb
considering longing EUR/USD ill wait for the 1H close and then decide {image}
Did you try to look at it in following way?
Attached Image
  • #841,304
  • Oct 8, 2013 12:53am Oct 8, 2013 12:53am
keep on guessing, up, down, up, down, up down................. you did some sin so bad that forex has been imposed upon you.

Guys, we are in consolidation.......... the best way is to wait until Franky and London open, see where it wants to go and simply follow............... easier said than done.
The Thief of Wall Street
  • #841,305
  • Oct 8, 2013 12:58am Oct 8, 2013 12:58am
Quoting milam
{quote} Yes, with a certain breakout
no certainties in this game ...

... or that game - unfortunately

feel like a King on a winning run ... until Miss Market shows you who's boss
Attached Image
  • #841,306
  • Oct 8, 2013 1:01am Oct 8, 2013 1:01am
Quoting Chicky
keep on guessing, up, down, up, down, up down................. you did some sin so bad that forex has been imposed upon you. Guys, we are in consolidation.......... the best way is to wait until Franky and London open, see where it wants to go and simply follow............... easier said than done.
I had a buy signal on GJ, did not take it, it might run....well I am not perfect...
Wherever you go, there you are.
  • #841,307
  • Oct 8, 2013 1:09am Oct 8, 2013 1:09am
It looks like the euro back to 1.3650
  • #841,308
  • Oct 8, 2013 1:09am Oct 8, 2013 1:09am
Quoting milam
{quote} I had a buy signal on GJ
GJ H1

also looking, and tempted ... however, thinking a short after p/b has better odds
Attached Image (click to enlarge)
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  • #841,309
  • Oct 8, 2013 1:10am Oct 8, 2013 1:10am
Quoting chazzle
{quote} no certainties in this game ... ... or that game - unfortunately feel like a King on a winning run ... until Miss Market shows you who's boss {image}
you see, they both like to dance and they are very generous to whom are able to keep the pace with them, skill is not really required despite their appearence, but being able to feel them it is.
Wherever you go, there you are.
  • #841,310
  • Oct 8, 2013 1:14am Oct 8, 2013 1:14am
Quoting chazzle
{quote} GJ H1 also looking, and tempted ... however, thinking a short after p/b has better odds {image}
what is the grey line in the middle?
Wherever you go, there you are.
  • #841,311
  • Oct 8, 2013 1:26am Oct 8, 2013 1:26am
Quoting chazzle
{quote} a little surprised it rolled back over after this 12hr rising wedge tbh - if I had to bet at the time - I probably would have gone for the mid {image}

GBP/USD:

Although it looks set for a bounce towards above 1.6126 - 50 zone ... I would like to see some deeper cut below 1.6060 at first ...

Not willing to take a trade from here ...


;-|
Attached Image (click to enlarge)
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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #841,312
  • Oct 8, 2013 1:31am Oct 8, 2013 1:31am
Quoting ali-bhai
{quote} yes in the morning i suggest buy with stop 0.9380 and ctp 0.9500ish {quote}
yep, looks good atm..

still waiting for 1.352x for the euro and 1.613x/6x for cable, lets see what happens today..
Patience is a virtue...
  • #841,313
  • Oct 8, 2013 1:40am Oct 8, 2013 1:40am
Quoting Mr Hatch
{quote} Did you try to look at it in following way? {image}
Well if you would refer to the chart I posted with the post you quoted from, you would see a falling edge "in yellow" and my target would have been in 1.3575/80 area which does not go against your chart

by the way I did not take the trade, might enter with this hour close.
  • #841,314
  • Oct 8, 2013 1:52am Oct 8, 2013 1:52am
Quoting Chicky
keep on guessing, up, down, up, down, up down................. you did some sin so bad that forex has been imposed upon you. Guys, we are in consolidation.......... the best way is to wait until Franky and London open, see where it wants to go and simply follow............... easier said than done.
Hmm, i ve been wondering, what is franky mean?
Don't blame the tools. Blame the carpenter.
  • #841,315
  • Oct 8, 2013 1:52am Oct 8, 2013 1:52am
ICYMI BarCap Asian spot desk report :

EUR

With little in the news, the USD remains suppressed as the shutdown is prolonged. Feels like people have the short USD position on but EURUSD continues to carve out a 1.3500/1.3650 range and can play either side. The topside is vulnerable as the longer the US troubles drag on, but orderbook has some RM profit taking around 1.3600 and the gamma supply into 1.3650. Would expect RM demand on any pullback to 1.3510/20 type area. Happy to be playing either side of this for now with bias to buy a dip. German trade data and factory orders later on today.
  • #841,316
  • Oct 8, 2013 1:55am Oct 8, 2013 1:55am
EU H1

short - stop above my dodgy channel line ...
Attached Image (click to enlarge)
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  • #841,317
  • Oct 8, 2013 1:57am Oct 8, 2013 1:57am
Quoting KecoaKecil
{quote} Hmm, i ve been wondering, what is franky mean?
frankfurt open - 1hr prior to london open - 7am uk time
  • #841,318
  • Oct 8, 2013 2:06am Oct 8, 2013 2:06am
Quoting chazzle
EU H1 short - stop above my dodgy channel line ... {image}

Wherever you go, there you are.
  • #841,319
  • Oct 8, 2013 2:14am Oct 8, 2013 2:14am
swissy data in 1min watchout
If you are new to Forex? Say Goodbye to your account!!
  • #841,320
  • Oct 8, 2013 2:20am Oct 8, 2013 2:20am
Quoting milam
{quote}
don't do that - you'll go bald before your time, mate
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