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  • #17,961
  • Nov 29, 2013 5:58am Nov 29, 2013 5:58am
What now fall u bad puppy... 1H looks good for short..
  • #17,962
  • Nov 29, 2013 6:03am Nov 29, 2013 6:03am
As I promised from Monday on, i will be posting intraday scalp, scalp swing levels for EURUSD and GBPUSD along with standard EURUSD analysis and updates.
  • #17,963
  • Nov 29, 2013 7:18am Nov 29, 2013 7:18am
Quoting T@rantula
If you follow PA trading and analysis, you know that the more rejections a level ( trendline, PP all s/r levels) have, the weaker it becomes.
Most definitely, my general rule is 2 strikes then out.
  • #17,964
  • Nov 29, 2013 8:24am Nov 29, 2013 8:24am
Quoting GDR3k
{quote} Most definitely, my general rule is 2 strikes then out.
You are right GD,

I usually call that "second chance". This time I went for 3rd attack ( shorted 3614 ) only because of weakness in volatility. I presumed that 3625 wont be breached due absence of big money.
  • #17,965
  • Nov 29, 2013 2:55pm Nov 29, 2013 2:55pm
Stupid euro with this slow motion Weekly still the same picture ether up or down, riding this tl atm.
Still have a bad feeling that this is going to top or more... Next week will tell.
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  • #17,966
  • Edited Nov 30, 2013 8:02am Nov 29, 2013 3:27pm | Edited Nov 30, 2013 8:02am
Is this it for dollar index?
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  • #17,967
  • Dec 2, 2013 1:11am Dec 2, 2013 1:11am
Good morning guys,

Here is the LEVELS table for today. The levels are used for scalping, scalp swing purposes and are valid through LO session.


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  • #17,968
  • Dec 2, 2013 1:27am Dec 2, 2013 1:27am
As we can see EURUSD has dropped after a Head and Shoulders / Bearish divergence pattern. That was a double confluence. EURUSD targets 3562 and break of that levels aims for 3550-3544.

Have in mind that we use the analysis for intraday setups and above mentioned levels just for scalping purposes.

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  • #17,969
  • Dec 2, 2013 1:38am Dec 2, 2013 1:38am
Quoting T@rantula
As we can see EURUSD has dropped after a Head and Shoulders / Bearish divergence pattern. That was a double confluence. EURUSD targets 3562 and break of that levels aims for 3550-3544. Have in mind that we use the analysis for intraday setups and above mentioned levels just for scalping purposes. {image}
While i was writing the analysis PRICE was around 3570 ( check the chart). 10 minutes have passed and the target has been hit.

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  • #17,970
  • Dec 2, 2013 1:46am Dec 2, 2013 1:46am
That is double confluence strength. One of strongest patterns is Head and Shoulders, when coupled with a divergence at the top of the right shoulder its a sure hit.
  • #17,971
  • Dec 2, 2013 4:48am Dec 2, 2013 4:48am
Quoting T@rantula
As we can see EURUSD has been sold 2 times at 3620 today. Use scalp swings to take profit or try to position with trail stops. The chart shows 2 wedges. Last one and present one. Yesterday my analysis showed right 3620 spot to try some shorts. So far 40+ pips could have been made shorting it twice. If 3rd time it goes there and got rejected I hope we will reach 3570 and 3540 , where only a drop off 3540 aims for 3515-10. I think that 3540 is a strong zone. We dont want to go to far with retracement as this pair is up trending. Have in mind that...
This was the analysis from Friday.

We might possibly have a potentially long trade around 3530-15
  • #17,972
  • Dec 2, 2013 4:53am Dec 2, 2013 4:53am
For all of you who are interested.I will be hosting Session Recap today as I do each Monday. JOIN UP. Last session yielded up more then 100 pips. I will be analyzing EURUSD GBPUSD AUDUSD and EURJPY with potential entries and stops.
  • #17,973
  • Dec 2, 2013 6:28am Dec 2, 2013 6:28am
On hourly this looks like a dip for now. 4H the same, 15 min making bottom?
I am in for a small long since 4h supply needs to be tested, i think
  • #17,974
  • Dec 2, 2013 7:04am Dec 2, 2013 7:04am
Quoting Vladimir1987
On hourly this looks like a dip for now. 4H the same, 15 min making bottom? I am in for a small long since 4h supply needs to be tested, i think
Where was ur entry?
  • #17,975
  • Dec 2, 2013 7:15am Dec 2, 2013 7:15am
Quoting T@rantula
{quote} Where was ur entry?

3540. Will hold for 15 min if it will rise... Otherwise sl under the low.
  • #17,976
  • Dec 2, 2013 7:27am Dec 2, 2013 7:27am
Quoting Vladimir1987
{quote} 3540. Will hold for 15 min if it will rise... Otherwise sl under the low.
Its going up
  • #17,977
  • Dec 2, 2013 7:31am Dec 2, 2013 7:31am
Quoting T@rantula
{quote} This was the analysis from Friday. We might possibly have a potentially long trade around 3530-15
You could have longed at 3530 The price went to 3527.
  • #17,978
  • Dec 2, 2013 7:46am Dec 2, 2013 7:46am
Quoting T@rantula
{quote} You could have longed at 3530 The price went to 3527.
Didnt even thought about news just decided to buy it here.
Just dont know if this is a keeper? 3558 a line in hour chart and wonder if we go further above it? But certainly looks like a dip more or like

What is your target?
  • #17,979
  • Dec 2, 2013 8:02am Dec 2, 2013 8:02am
Quoting Vladimir1987
{quote} Didnt even thought about news just decided to buy it here. Just dont know if this is a keeper? 3558 a line in hour chart and wonder if we go further above it? But certainly looks like a dip more or like What is your target?
Got 3560 as first resistance. Already got out some. Possibly 3640 if 3485 holds but that is H4 ( maximum 2 days valid setups ). Join the webinar today, I will explain. We have an Inverted Triangle on H4.

If u are long trail the stop. As i see you already got some 20 pips of profit for that m15 trade.
  • #17,980
  • Dec 3, 2013 2:07am Dec 3, 2013 2:07am
All those who attended yesterday's webinar knew that I was talking about bullish setups on EURUSD currency pair. All of you who got into trade as suggested ( look at the slide below) can easily start to take profit or scale out.

I have marked with a red arrow, candle which was Live during the webinar.

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