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  • #842,741
  • Oct 11, 2013 3:51am Oct 11, 2013 3:51am
Don't be scared to post a chart of your thoughts. I just looked at a chart on this thread (no names mentioned) and it gave me the idea to post this one.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd131011h1.JPG Size: 132 KB


Anyway, the clues add up. We are at previous pivot point (blue boxes), We are at the top of a new channel. We are at the 61.8 fibonacci retracement of the last swing. And we are at the 100hma.

Now to look for a change of direction, followed by a pull back (maybe New York) to enter short with stop loss above the channel? Just an idea.
Gone to a better place
  • #842,742
  • Oct 11, 2013 3:52am Oct 11, 2013 3:52am
Quoting FXMastermind
S EU .3558, giving 8 pips ...and building short cable, S 1.60, giving 25
cable is a true darling...
Quant Hedge Fund CEO
  • #842,743
  • Oct 11, 2013 3:53am Oct 11, 2013 3:53am
Quoting GDR3k
{quote} the 3575 area looks good to short this baby
Don't know, i'll wait for the PA to show me some weaknesses first, but i'm ready for it
COT: The precious data ignored
  • #842,744
  • Oct 11, 2013 3:53am Oct 11, 2013 3:53am
Quoting chazzle
long EU - for the simple reason, it went up and stayed here for the last hour (and there's probably some sell orders a little higher)
I hear ya and agree...But I still think we might want to revisit 45 before we go further up.
Quant Hedge Fund CEO
  • #842,745
  • Oct 11, 2013 3:54am Oct 11, 2013 3:54am
Quoting icantmilk
{quote} I dont know now...if you are trying to convince yourself about this coz you are already in short or really dont see it....anyway it is your point of view, I respect it
Quoting okanemici
{quote} 1.3562 coming......exit longs and look for shorts there !!!
No I longed it yesterday to exit at 1.3562 and reverse from here.I know what I am doing.
  • #842,746
  • Oct 11, 2013 3:55am Oct 11, 2013 3:55am
Quoting chazzle
long EU - for the simple reason, it went up and stayed here for the last hour (and there's probably some sell orders a little higher)

the best analysis ever!!!
I don't want a job, i want money!
  • #842,747
  • Oct 11, 2013 3:57am Oct 11, 2013 3:57am
Quoting smikester
Don't be scared to post a chart of your thoughts. I just looked at a chart on this thread (no names mentioned) and it gave me the idea to post this one. {image} Anyway, the clues add up. We are at previous pivot point (blue boxes), We are at the top of a new channel. We are at the 61.8 fibonacci retracement of the last swing. And we are at the 100hma. Now to look for a change of direction, followed by a pull back (maybe New York) to enter short with stop loss above the channel? Just an idea.
I agree.I was waiting to exit my yesterday longs exactly to exit at 1.3562 and reverse from there.And allready short now.It will go down.
  • #842,748
  • Oct 11, 2013 3:57am Oct 11, 2013 3:57am
Quoting KiwiTrada
{quote} yup should be expected, yen S/R always go into mini ping pong, until decision is made, lower the time frame the bigger the ping pong looks, so I am looking 4hr, ping pong barely register (is easy on nerves) this is geppy 4hr my long as posted is doing nice, but I want to add a little cover for this particular resistance zone ( as can see to left I have green line as resist and easy see the multiple pierces ie (mini ping pong) theory is I want to keep my long, but have entered short which negates the trade win nothing lose nothing, I have...
looks like bears getting into gear, moving short sl to BE Long trade been clipped
If you are new to Forex? Say Goodbye to your account!!
  • #842,749
  • Oct 11, 2013 3:58am Oct 11, 2013 3:58am
thats a clear break for the new highs....
Come tomorrow, I'll wake up new
  • #842,750
  • Oct 11, 2013 3:58am Oct 11, 2013 3:58am
Quoting icantmilk
{quote} I dont know now...if you are trying to convince yourself about this coz you are already in short or really dont see it....anyway it is your point of view, I respect it
If people were paying attention at the real PA more than levels there would be less less losing trades..or less drawdown at least if the stop is big
COT: The precious data ignored
  • #842,751
  • Oct 11, 2013 3:59am Oct 11, 2013 3:59am
Quoting icantmilk
{quote} I dont know now...if you are trying to convince yourself about this coz you are already in short or really dont see it....anyway it is your point of view, I respect it
he we go
do whatever the fuck you want to do !
  • #842,752
  • Oct 11, 2013 3:59am Oct 11, 2013 3:59am
Quoting chazzle
long EU - for the simple reason, it went up and stayed here for the last hour (and there's probably some sell orders a little higher)
Quoting chazzle
I'm eyeing 13569 (SEP high) as the swing point
scalped
  • #842,753
  • Oct 11, 2013 3:59am Oct 11, 2013 3:59am
Quoting dario1002
{quote} the best analysis ever!!!
sometimes simple is best
  • #842,754
  • Oct 11, 2013 4:00am Oct 11, 2013 4:00am
Quoting FXMastermind
S EU .3558, giving 8 pips ...and building short cable, S 1.60, giving 25
out -8. Chazzle went long and moved the market, bugger...
Quant Hedge Fund CEO
  • #842,755
  • Oct 11, 2013 4:01am Oct 11, 2013 4:01am
GJ H1

bought a bit of GJ
Attached Image (click to enlarge)
Click to Enlarge Name: GJH1.PNG Size: 33 KB
  • #842,756
  • Oct 11, 2013 4:03am Oct 11, 2013 4:03am
Quoting chazzle
GJ H1 bought a bit of GJ {image}
small scalp - will re-enter if another dip
  • #842,757
  • Oct 11, 2013 4:04am Oct 11, 2013 4:04am
Quoting chazzle
{quote} sometimes simple is best
Way to go, do you think it will stay high? or will just turn back near US session? probably of "scary shadow weekend deals between obama and boehner" like last friady?
Don't blame the tools. Blame the carpenter.
  • #842,758
  • Oct 11, 2013 4:04am Oct 11, 2013 4:04am
Quoting FXMastermind
{quote} out -8. Chazzle went long and moved the market, bugger...
no , they just followed me
  • #842,759
  • Oct 11, 2013 4:08am Oct 11, 2013 4:08am
Quoting chazzle
long EU - for the simple reason, it went up and stayed here for the last hour (and there's probably some sell orders a little higher)
3566 has something to say but 3596 looks near
Wherever you go, there you are.
  • #842,760
  • Oct 11, 2013 4:12am Oct 11, 2013 4:12am
Quoting KecoaKecil
{quote} Way to go, do you think it will stay high? or will just turn back near US session? probably of "scary shadow weekend deals between obama and boehner" like last friady?
thanks - short answer .... can you guess what it is?

"I don't know"

key levels I'm watching for PA : 490 / 530 / 570 / 600 / 630 ( levels rounded up/down a couple of pips )

still room for an H&S looking at Daily ( which obviously means we are still in an uptrend )

my dollar chart still saying "a continuation of the bounce" (EU south)
Attached Image (click to enlarge)
Click to Enlarge Name: eud1.PNG Size: 23 KB
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