Wherever you go, there you are.
- #905,021
- Jun 18, 2014 5:46am Jun 18, 2014 5:46am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
- #905,022
- Jun 18, 2014 5:47am Jun 18, 2014 5:47am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} I was positions for long euro today but sold m mine at the target for stoploss 1,3670 short. I am hoping for some down siden for more euro longs. waiting I have found it very diffecult now with the direction long/ short the last days but at the moment I think it is long but as above I am out at the moment. This will of course depend of the Fed desicion today.
If you are new to Forex? Say Goodbye to your account!!
- #905,023
- Jun 18, 2014 5:50am Jun 18, 2014 5:50am
Detected price pattern in favor of the bulls. H1 is saying that we could see a dip down bellow and then long. M30 is giving me a very strong bullish signal. Both M30 and H1 is strongly bullish on EURJPY. H4 hasn't changed from yesterday. I will be looking to take a long on CCI H1/H4 oversold levels for EURUSD and EURJPY. I will update if anything changes. It will be interesting to see what my algorithm will say at 13:00 before the news comes out
Green pips today to everyone!
Green pips today to everyone!
Focus, Patience, Determination & Order in chaos
- #905,026
- Jun 18, 2014 6:00am Jun 18, 2014 6:00am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #905,028
- Jun 18, 2014 6:05am Jun 18, 2014 6:05am
Hi guys, I'm new here in Forum, still learning ... i just use Volume for my strategy and only M30. Here is my prediction for today ... i think we will cross to the top 1.3585 (red line)... then after FMOC it could be that we will go down cross to the low level (red line). It is just my prediction as newbie and off course it could be wrong. {image}
plan the trade and trade the plan my friend.. hehe 
Focus, Patience, Determination & Order in chaos
Detected price pattern in favor of the bulls. H1 is saying that we could see a dip down bellow and then long. M30 is giving me a very strong bullish signal. Both M30 and H1 is strongly bullish on EURJPY. H4 hasn't changed from yesterday. I will be looking to take a long on CCI H1/H4 oversold levels for EURUSD and EURJPY. I will update if anything changes. It will be interesting to see what my algorithm will say at 13:00 before the news comes out
- #905,031
- Jun 18, 2014 6:13am Jun 18, 2014 6:13am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
rounded bottom on eur/usd H4. the most powefull reversal pattern. first target previous level of volatility : 1,365.. then pullback as stop hunting and another leg up. upside 1,358 confirm this view
nope not for EU, this is 4hr chart too, from august last year, note the "rounded bottom" you talking about there is only one other similar the other day and it failed miserably, as per chart, reversals have been more often than not "flailed bear flags" having said that I too like rounded bottoms or scallop shells, just not with EU especially 4hr
this does not mean it wont bounce from the recent lows, for me the recent low are buy levels albeit we are in a bear train, buy with condom on
If you are new to Forex? Say Goodbye to your account!!
{quote}
{image}- #905,034
- Jun 18, 2014 6:23am Jun 18, 2014 6:23am
{quote} Thanks Saver ... actually i'm also have the same prediction with you that EU still has strong bull signal but i think we will see a spike down movement on FMOC news to remove supply on the base. After FMOC could be go up again or in the next day after all supply removed. The Volume will show us after FMOC.
Focus, Patience, Determination & Order in chaos
- #905,037
- Jun 18, 2014 6:31am Jun 18, 2014 6:31am
- | Membership Revoked | Joined Aug 2012 | 8,502 Posts
{quote} Yea, I think you could be proven correct. I did a bit of VSA myself. Looks like we already had the high volume bottom couple of days ago (stopping volume).. so a run back down before crossing the creek up is very probable. FMOC, spike down and then a push back up. Like the way that would look.. I will be looking to pick up some longs on this spike down. Let's see how it plays out
On daily here i marked a possible target up movement and down movement. Just my prediction as newbie
