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  • #882,541
  • Mar 12, 2014 3:13am Mar 12, 2014 3:13am
I'm sitting on my hands anyway...PA is crap, level is crap..pair is crap!
COT: The precious data ignored
  • #882,542
  • Mar 12, 2014 3:18am Mar 12, 2014 3:18am
Quoting chazzle
{quote} Nope ! - Current week is week 6 ... and it can still close red having hit 935 - so , I can actually be right with only 5 in a row closing bull
well yes, OK... actually you are right, but lets agree that for bears it would be a BS closing weekly candle .. we can still see higher quotes above 1.39 but not probably this week imo
K.I.S.S.
  • #882,543
  • Mar 12, 2014 3:20am Mar 12, 2014 3:20am
Quoting kuroro001
I'm sitting on my hands anyway...PA is crap, level is crap..pair is crap!
Easy my friend, in times like this we need to embrace our trading psychology 101 techniques.. make your analysis, place your orders, lean back, stick to your plan and let the price flow
K.I.S.S.
  • #882,544
  • Mar 12, 2014 3:20am Mar 12, 2014 3:20am
Quoting kuroro001
I'm sitting on my hands anyway...PA is crap, level is crap..pair is crap!
ye, also watching gu
less is more
  • #882,545
  • Mar 12, 2014 3:27am Mar 12, 2014 3:27am
Quoting Leijenberg
but lets agree that for bears it would be a BS closing weekly candle ..
if it happened then a contrarian could look for 895/915 to hold for more downside

for me ... we cracked a 2+yr high last week , with a retest of OCT high and bounce ... exactly what I would look for on a lower timeframe chart - nothing bearish on the weekly imo - gl
  • #882,546
  • Mar 12, 2014 3:28am Mar 12, 2014 3:28am
Quoting Matts Micro
{quote} Just another point-of-view with weekly fib. {image}
yea, possible the triple correction will be fully retraced. assuming the last segment is flat. but i don't acknowledge zigzag as a single correction move.
is it zigzag from 1.60 till 1.23?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #882,547
  • Mar 12, 2014 3:33am Mar 12, 2014 3:33am
Looks like its all based on EG..weird
COT: The precious data ignored
  • #882,548
  • Mar 12, 2014 4:04am Mar 12, 2014 4:04am
Quoting ffleo
{quote} FX is not dead for swing traders. i can tell that you are a scapler. you stay out when there is large movements, but when it is time the market stalls you feel the range too small for scalping
BIG SWINGS TODAY LOL
rat
  • #882,549
  • Mar 12, 2014 4:06am Mar 12, 2014 4:06am
Quoting archun
scalping all the way to 3865, 15 pip move..
Hit the target
Winning in forex comes with good habits.
  • #882,550
  • Mar 12, 2014 4:06am Mar 12, 2014 4:06am
EUR/NZD breakout on the cards. keeping a close eye on this. Contemplating longs above 1.64...
  • #882,551
  • Mar 12, 2014 4:06am Mar 12, 2014 4:06am
Tested a downward trend formed in the last 4 days in the daytrading (what I usually do). After the 11 p.m (GTM+1) industrial prod. data in Europe (expected a new high in the day) I see a new possible down to .3810 during the day.
Tomorrow completely different stage, so much information that, coming from the U.S could put upward pressure on the pair.
*My view*
  • #882,552
  • Mar 12, 2014 4:09am Mar 12, 2014 4:09am
Quoting kuroro001
Looks like its all based on EG..weird
We hit the target at EG which is also WR2 btw, now bounce should be normal.
After we hit mid at 3860 nearest target from the mini swing in Eur/Usd lays at 3889 which is midR2 we started move today from midS1, makes perfect sense.
swing it!
  • #882,553
  • Mar 12, 2014 4:13am Mar 12, 2014 4:13am
Quoting tomspin
{quote} We hit the target at EG which is also WR2 btw, now bounce should be normal. After we hit mid at 3860 nearest target from the mini swing in Eur/Usd lays at 3889 which is midR2 we started move today from midS1, makes perfect sense.
With all the sellers on EU i'm still surprised we don't go down....instead GU goes down lol

EU should soon fall in a fast and furious mode, well i hope

You are right about EG, but its in a serious rise mode
COT: The precious data ignored
  • #882,554
  • Mar 12, 2014 4:17am Mar 12, 2014 4:17am
Quoting kuroro001
{quote} With all the sellers on EU i'm still surprised we don't go down....instead GU goes down lol EU should soon fall in a fast and furious mode, well i hope You are right about EG, but its in a serious rise mode
Falling sterling does not helping here, and fall could go to 1,6470 curently trying to lift from WS2 lets see who's got bigger gunz here
swing it!
  • #882,555
  • Mar 12, 2014 4:18am Mar 12, 2014 4:18am
Quoting ud1nh0
{quote} yea, possible the triple correction will be fully retraced. assuming the last segment is flat. but i don't acknowledge zigzag as a single correction move. is it zigzag from 1.60 till 1.23?
This is a larger view but if I saw this on a smaller tf I'd be inclined to look for confirmations to trade. To accommodate we have a daily (90 day) TL broken on the 28/2, a (57 and 19) weekly TL's broken last week (it's currently trading at longer term weekly TL too) and it has broken the top monthly TL, though it is early in the month and can easily create a wick instead. It is at critical levels imo which is why I think there is so much sideways happening atm with the real battle for up or down being fought.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd #17.png Size: 54 KB
As the lights go by so too do the shadows move
  • #882,556
  • Mar 12, 2014 4:19am Mar 12, 2014 4:19am
Quoting maximinus
{quote} 3840/30 is it enough for you ? If you want more, it will be more difficult.
We got the minimum, not more. 3860 to 3890 is a no trade zone. Above 3890 bull.
Don't be smart. Be rich.
  • #882,557
  • Mar 12, 2014 4:19am Mar 12, 2014 4:19am
Attached Image (click to enlarge)
Click to Enlarge Name: 0116_euro_630x420.jpg Size: 44 KB
In the end its just a stupid numbers game
  • #882,558
  • Mar 12, 2014 4:22am Mar 12, 2014 4:22am
Quoting tomspin
{quote} Falling sterling does not helping here, and fall could go to 1,6470 curently trying to lift from WS2 lets see who's got bigger gunz here
Indeed it does not, but i'm looking for buys on it....

I'm just soooo surprised by this late strength of the Euro...i want to load a fat short lol, i only see sellers...but better sit and watch for now
COT: The precious data ignored
  • #882,559
  • Mar 12, 2014 4:26am Mar 12, 2014 4:26am
need to VC 8750 in M30, if done, then fall to 8666 usdchf
Don't be smart. Be rich.
  • #882,560
  • Mar 12, 2014 4:26am Mar 12, 2014 4:26am
Quoting kuroro001
{quote} Indeed it does not, but i'm looking for buys on it.... I'm just soooo surprised by this late strength of the Euro...i want to load a fat short lol, i only see sellers...but better sit and watch for now
3849/50 could offer scalp long, 10 pips risk for 3902 target,
I dont think this is time to sell it, to many levels pointing at magic 1,40 area and above, speculative side still buying futures in favour of euro.
swing it!
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