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  • #884,041
  • Mar 18, 2014 11:11am Mar 18, 2014 11:11am
Quoting matheszabi
Soon Greece hysteria: Unemployment in Greece has reached a new record http://translate.google.com/translat...ecord-12273984 I see 1.30
after 4146/48 is better for my shorts
those who can, do. those who cant, talk about those who can
  • #884,042
  • Mar 18, 2014 11:12am Mar 18, 2014 11:12am
Quoting gatorinla
{quote} its true... it dont mean it will not be a red doji then continue north after
It should be 2-3 red weekly candle now
I want to buy PATIENCE
  • #884,043
  • Mar 18, 2014 11:14am Mar 18, 2014 11:14am
just to be safe i closed my Longs. after the b/o i will try to L or S back here at 3912 or more with trade direction.. and target 4015 or 3809... 4015 is good for the 4146 target
those who can, do. those who cant, talk about those who can
  • #884,044
  • Mar 18, 2014 11:17am Mar 18, 2014 11:17am
Quoting gatorinla
{quote} its true... it dont mean it will not be a red doji then continue north after
I agree, but at least you can have a little more certainty about 'that' week (based on the theory).
K.I.S.S.
  • #884,045
  • Mar 18, 2014 11:27am Mar 18, 2014 11:27am
Quoting Leijenberg
{quote} LOL.. .. its the "not more than 7 EURUSD uptrend weeks in a row" theory. I want to see if it holds to be true.
When does your week closes?
KEEP CALM AND CARRY ON SHORTING
  • #884,046
  • Mar 18, 2014 11:30am Mar 18, 2014 11:30am
Quoting Leijenberg
{quote} I agree, but at least you can have a little more certainty about 'that' week (based on the theory).
week close under 3907 and u get a red week..
if we dont touch 3877, we will go higher. atm going back to 3896 is normal... after that will tell the story
those who can, do. those who cant, talk about those who can
  • #884,047
  • Mar 18, 2014 11:34am Mar 18, 2014 11:34am
Quoting Thirsty
{quote} When does your week closes?
My client (MT4) closes it @monday 0 hrs (my timezone is GMT -6). But now that I've watched it more closely, I was a little bit confuss lol .. week #7 is the one that is currently running, so it might close uptrend as well but the probability is low. I have no time to calculate the odds and get a probability distribution so its just observation.
K.I.S.S.
  • #884,048
  • Mar 18, 2014 11:40am Mar 18, 2014 11:40am
Quoting gatorinla
{quote} week close under 3907 and u get a red week.

agreed
KEEP CALM AND CARRY ON SHORTING
  • #884,049
  • Mar 18, 2014 11:40am Mar 18, 2014 11:40am
Quoting Leijenberg
{quote} My client (MT4) closes it @monday 0 hrs (my timezone is GMT -6). But now that I've watched it more closely, I was a little bit confuss lol .. week #7 is the one that is currently running, so it might close uptrend as well but the probability is low. I have no time to calculate the odds and get a probability distribution so its just observation.
its a legitimate trading strategy. 7 same color candles on any tf, is time to look for a retrace sign.
those who can, do. those who cant, talk about those who can
  • #884,050
  • Mar 18, 2014 11:42am Mar 18, 2014 11:42am
Quoting ruffryders
{quote} EJ providing support, price entered very strong SUP zone. need to chill for now I guess.
if beaten then 139.85 comes to play
  • #884,051
  • Mar 18, 2014 11:44am Mar 18, 2014 11:44am
Quoting Leijenberg
{quote} My client (MT4) closes it @monday 0 hrs (my timezone is GMT -6). But now that I've watched it more closely, I was a little bit confuss lol .. week #7 is the one that is currently running, so it might close uptrend as well but the probability is low. I have no time to calculate the odds and get a probability distribution so its just observation.
Just to put into perspective... How often does a 68 month old TL get broken?
As the lights go by so too do the shadows move
  • #884,052
  • Mar 18, 2014 11:47am Mar 18, 2014 11:47am
Quoting gatorinla
{quote} its a legitimate trading strategy. 7 same color candles on any tf, is time to look for a retrace sign.
It would be nice to have a prob distribution of 'same color candles' for several pairs and timeframes :nerd:. I'm gonna see if I can do that later.
K.I.S.S.
  • #884,053
  • Mar 18, 2014 11:49am Mar 18, 2014 11:49am
Quoting MiG123
markets are utterly insane these days, pathetic zew and 2 days of sh1t inflation data (cpi/wpi) and eur climbs against most of its counterparts. putin escalating tensions by formally stealing the sovereignty of another country, stock markets soar
U GOTTA REALISE EU almost always get pumped in the NY session, especially london fixing, traders will almost always pumped it sky high to get a good fix for the corporates who will be buying eu...
  • #884,054
  • Mar 18, 2014 11:51am Mar 18, 2014 11:51am
Quoting matheszabi
Soon Greece hysteria: Unemployment in Greece has reached a new record http://translate.google.com/translat...ecord-12273984 I see 1.30
i think after touch 1.40XX
  • #884,055
  • Mar 18, 2014 11:52am Mar 18, 2014 11:52am
Quoting Matts Micro
{quote} Just to put into perspective... How often does a 68 month old TL get broken?
In saying that, it's not that I don't believe there wont be a pullback week sometime soon (maybe this week) but the expression of "normal" (if there is one in forex) goes out the window imo.
As the lights go by so too do the shadows move
  • #884,056
  • Mar 18, 2014 11:54am Mar 18, 2014 11:54am
Quoting Matts Micro
{quote} In saying that, it's not that I don't believe there wont be a pullback week sometime soon (maybe this week) but the expression of "normal" (if there is one in forex) goes out the window imo.

no pull back, only pumping action for 1.41.. to 1.45...

inflation is well anchored in the eurozone..
  • #884,057
  • Mar 18, 2014 11:56am Mar 18, 2014 11:56am
Te ECB may hold the euro around this level while Putin is playing macho man. If the euro falls it may be seeing as a sign of weakness.
So, you think you have rights? LOL
  • #884,058
  • Mar 18, 2014 11:58am Mar 18, 2014 11:58am
EU has demonstrated a very strong demand @ 13880 today, unless 13880 is broken, we might potentially continue to see strong EU in the day to come....

Wed/Thurs, we have the Fed tapering an expected amount of 10 bio USD, which is already factored in by the markets, we might see USDJPY spiking up towards the final hour as well as some weakness in EU...

That being said, whether tapering 10b or 20 b, EJ should continue to spike as long as 1.41 holds...
  • #884,059
  • Mar 18, 2014 11:59am Mar 18, 2014 11:59am
Quoting johnsmith78
{quote} no pull back, only pumping action for 1.41.. to 1.45... inflation is well anchored in the eurozone..
It's where I stand too, full-bulls-ahead, I am covered though. The real give away imo will be the battle of the fibs. PA currently between monthly resistance and weekly support.
As the lights go by so too do the shadows move
  • #884,060
  • Mar 18, 2014 11:59am Mar 18, 2014 11:59am
Quoting ForexOracle
Te ECB may hold the euro around this level while Putin is playing macho man. If the euro falls it may be seeing as a sign of weakness.
yup, for now, EU is very strong ard current levels, london fix is over, mkts not likely to move much with london out of the picture...
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