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  • #902,241
  • Jun 3, 2014 10:25am Jun 3, 2014 10:25am
Bear pulled back from last noisy TL resistance.
I don't think bull will give a try to kick this bear before ECB decision. It might linger here to take revenge or give up.
You cannot learn better without losing
  • #902,242
  • Jun 3, 2014 10:25am Jun 3, 2014 10:25am
is history repeating itself?

Look at the daily chart in EUR/USD, on 25th Oct 2013 we had a top followed with a false push higher on 27th Dec 2013 and eventually price dropped down before bottoming and continuing up. this is illustrated with the red circles.

Now look at the current market, on 17th March 2014 we had a top followed with the a false push higher on 8th May 2014 and then priced dropped like a hard rock! this is illustrated with the yellow circles.

Coincident? i dont think so!
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  • #902,243
  • Jun 3, 2014 10:25am Jun 3, 2014 10:25am
Guys i think EURUSD Today disappointment for all of us EMOTIONS FREE FOREX I AM ALMOST IN HALF JEJEJEJE
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  • #902,244
  • Jun 3, 2014 10:30am Jun 3, 2014 10:30am
possible pattern formation guys
http://i.gyazo.com/df9c2c2702fc3d5306bc632d71d597c3.png
  • #902,245
  • Jun 3, 2014 10:37am Jun 3, 2014 10:37am
Quoting fxmasterdxb
is history repeating itself? Look at the daily chart in EUR/USD, on 25th Oct 2013 we had a top followed with a false push higher on 27th Dec 2013 and eventually price dropped down before bottoming and continuing up. this is illustrated with the red circles. Now look at the current market, on 17th March 2014 we had a top followed with the a false push higher on 8th May 2014 and then priced dropped like a hard rock! this is illustrated with the yellow circles. Coincident? i dont think so! {image}
Hard to say with EURUSD so much going on especially EURO being what it is, very complex currency. USD index a bit different story as we are still making higher highs and high lows as USD has been outperforming on fundamentals this year with the weather exception first quarter. However long term speaking 6month-2 years I think you have something. I need this range to break before I can see bull continuation and the ECB meeting this Thursday will decide.
All posts are my personal opinion
  • #902,246
  • Jun 3, 2014 10:49am Jun 3, 2014 10:49am
Bulls will get breathing space if 4H close above 3628
  • #902,247
  • Jun 3, 2014 11:00am Jun 3, 2014 11:00am
any news out there about GB leaving the EU?
those who can, do. those who cant, talk about those who can
  • #902,248
  • Jun 3, 2014 11:01am Jun 3, 2014 11:01am
Quoting gatorinla
any news out there about GB leaving the EU?
only unquantified speculation.... won't know about that until 2017
  • #902,249
  • Jun 3, 2014 11:04am Jun 3, 2014 11:04am
Quoting MaxDoom
{quote} only unquantified speculation.... won't know about that until 2017
are the people electing "pro leaving" politicians mostly?
those who can, do. those who cant, talk about those who can
  • #902,250
  • Jun 3, 2014 11:13am Jun 3, 2014 11:13am
on the daily....see diversion..... up movement... this week.... Oracle has spoken. https://charts.mql5.com/4/877/eurusd...extime-ltd.png
  • #902,251
  • Jun 3, 2014 11:13am Jun 3, 2014 11:13am
Quoting gatorinla
{quote} are the people electing "pro leaving" politicians mostly?
more complicated than that

our majority of MEP (European politicians) are now right wing anti-EU, but it was a protest vote and whilst they will cause some disruption they have no say over domestic politics and no say over staying or going..... if you look at the domestic side it is split all over the places including inside the parties so no clear decision there, but if Conservative get in again next term they will do a public in/out vote 2017 but I am sure that it will be bias worded to trick most punters.
the complication issue is if Scotland go independent then without political reform conservative are all but guaranteed to keep getting elected due to the boundaries and voting rules.

it's a stupid mess
  • #902,252
  • Jun 3, 2014 11:16am Jun 3, 2014 11:16am
taking a break.. pendings at the low and the highs. sos. we made a LL into support. waiting for a bounce to s.. but will place pendings near 49 because we made that LL after a db with 49 as the high between lows.
those who can, do. those who cant, talk about those who can
  • #902,253
  • Jun 3, 2014 11:22am Jun 3, 2014 11:22am
Quoting gatorinla
taking a break.. pendings at the low and the highs. sos. we made a LL into support. waiting for a bounce to s.. but will place pendings near 49 because we made that LL after a db with 49 as the high between lows.

sos...db...

??
fokyou forexfactory
  • #902,254
  • Jun 3, 2014 11:22am Jun 3, 2014 11:22am
Quoting MaxDoom
{quote} more complicated than that our majority of MEP (European politicians) are now right wing anti-EU, but it was a protest vote and whilst they will cause some disruption they have no say over domestic politics and no say over staying or going..... if you look at the domestic side it is split all over the places including inside the parties so no clear decision there, but if Conservative get in again next term they will do a public in/out vote 2017 but I am sure that it will be bias worded to trick most punters. the complication issue is if...
sounds constipated. have a good day.. bbl
those who can, do. those who cant, talk about those who can
  • #902,255
  • Jun 3, 2014 11:34am Jun 3, 2014 11:34am
Quoting DNTme
{quote} sos...db... ??
db double bottom. it was broken with the LL.. it was into support.. but it is a LL.. it has to be respected below 3650. as long it holds 3649x.. now if we break todays high, 364x. then a shot at 3649 looks in the cards. if so a L after in the same area as the atm low is where i will look to Long.. 3620/15 w/o a LL of todays low. we are in a range before news...so i prefer to enter these at/near HL. although i see the possibility of entering L 3615/3620, my stops would be wider then i like, so my position size would be smaller. i prefer entering near H/L for the greater reward and less risk
those who can, do. those who cant, talk about those who can
  • #902,256
  • Jun 3, 2014 12:24pm Jun 3, 2014 12:24pm
Short euro @ 3630 sl 3668 tp 3500
  • #902,257
  • Jun 3, 2014 12:29pm Jun 3, 2014 12:29pm
Quoting gatorinla
any news out there about GB leaving the EU?
Nope... but, does he have any choice left? Not that I object his threat, because Juncker is anything we (read: human beings) cannot want.
  • #902,258
  • Jun 3, 2014 12:30pm Jun 3, 2014 12:30pm
Quoting gatorinla
{quote} are the people electing "pro leaving" politicians mostly?
Not here. Same bullshit as ever, because the majority is afraid change the status quo in the slightest way. And then there are the "not-knowing"...
  • #902,259
  • Jun 3, 2014 12:52pm Jun 3, 2014 12:52pm
My pending long position is active and just missed T.P

SL=BE
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Love for all; Hatred for none.
  • #902,260
  • Jun 3, 2014 1:50pm Jun 3, 2014 1:50pm
Quoting gatorinla
{quote} db double bottom. it was broken with the LL.. it was into support.. but it is a LL.. it has to be respected below 3650. as long it holds 3649x.. now if we break todays high, 364x. then a shot at 3649 looks in the cards. if so a L after in the same area as the atm low is where i will look to Long.. 3620/15 w/o a LL of todays low. we are in a range before news...so i prefer to enter these at/near HL. although i see the possibility of entering L 3615/3620, my stops would be wider then i like, so my position size would be smaller. i prefer entering...
cheers!
fokyou forexfactory
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