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  • #19,781
  • Aug 21, 2014 7:28pm Aug 21, 2014 7:28pm
"EURUSD Monthly August Candle" could push the price more downside. I expect something around 1.3150. If so the downside trend shouldn't be over.
Maybe some retracements, but why? The downside trend seems to strong by the international sell power.
FXcube
  • #19,782
  • Aug 22, 2014 2:26am Aug 22, 2014 2:26am
Quoting T@rantula
{quote} We might even drop from 3295 on next retracement. SO eyeing 3295 zone.
+18 currently, pending was activated
  • #19,783
  • Aug 22, 2014 2:31am Aug 22, 2014 2:31am
Quoting T@rantula
{quote} +18 currently, pending was activated
You are a Boss! Unbelievable. Good job.
  • #19,784
  • Aug 22, 2014 2:34am Aug 22, 2014 2:34am
Quoting Forexcube
"EURUSD Monthly August Candle" could push the price more downside. I expect something around 1.3150. If so the downside trend shouldn't be over. Maybe some retracements, but why? The downside trend seems to strong by the international sell power. FXcube
Now lets watch 3325 if 3295 fails. Retracements are needed as correction, to sell higher and they always happen when traders start to close their positions. Low volatility August market is preparing for new momentum and volatility surge in September
  • #19,785
  • Aug 22, 2014 2:35am Aug 22, 2014 2:35am
Quoting x46x
{quote} You are a Boss! Unbelievable. Good job.
manage the trade accordingly. i will publish new analysis with 3325 POC soon. Get your profits or move SL to BE or trail the stop.
  • #19,786
  • Aug 22, 2014 2:54am Aug 22, 2014 2:54am
As suggested 3295 has been a good level to watch for selling opportunities. If 3300 breaks 3325-30 is POC zone where we might start looking for new shorts with targets around 3270 and 3225 at the break of 3250. 3325-30 is the important zone as we can spot double FIB confluence, both intraweek and intraday and also ex buyers now probably turned sellers. History of buying/ selling is ALWAYS important when you decide to enter at a particular level. That would be also a sort of 3325-30 retest.

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  • #19,787
  • Edited Aug 23, 2014 6:57am Aug 22, 2014 11:01am | Edited Aug 23, 2014 6:57am
Quoting T@rantula
{quote} Now lets watch 3325 if 3295 fails. Retracements are needed as correction, to sell higher and they always happen when traders start to close their positions. Low volatility August market is preparing for new momentum and volatility surge in September


Oh yes, sure, ... & 1.3324 has reached today (also extremely short the 3295 -like stop hunting-, before all it's going down).
FXcube
  • #19,788
  • Aug 25, 2014 8:25am Aug 25, 2014 8:25am
Quoting Forexcube
{quote} Oh yes, sure, ... & 1.3324 has reached today (also extremely short the 3295 -like stop hunting-, before all it's going down). FXcube
Now we see a retail gap on EURUSD. It seems 3325 is thing of the past for the time being. Now 3220 could give us some next sell opportunity. Will post a chart.
  • #19,789
  • Aug 25, 2014 8:46am Aug 25, 2014 8:46am
From intraday perspective we can see that EURUSD has been trying to retest 3220 level and we can also see a retail gap that has been formed on the chart. 3220 re test would give us another short opportunities towards 3175-65 zone where next targets are. Now technically if EURUSD doesnt retrace to POC we might see a direct touch of 3175-65 zone but its always better to sell higher and wait for a pullback to exploit trend trade properly.

There is also HIDDEN BEARISH DIVERGENCE FORMING as price has been dropping while MACD has been making highs.

Hidden bearish divergence hints to the charts going down again but ( trend following type ) but as always for short trend trades SELLING higher into the retracement is the only proper way to do it.

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  • #19,790
  • Aug 25, 2014 12:58pm Aug 25, 2014 12:58pm
Quoting T@rantula
From intraday perspective we can see that EURUSD has been trying to retest 3220 level and we can also see a retail gap that has been formed on the chart. 3220 re test would give us another short opportunities towards 3175-65 zone where next targets are. Now technically if EURUSD doesnt retrace to POC we might see a direct touch of 3175-65 zone but its always better to sell higher and wait for a pullback to exploit trend trade properly. There is also HIDDEN BEARISH DIVERGENCE FORMING as price has been dropping while MACD has been making highs. Hidden...

  • #19,791
  • Aug 25, 2014 12:59pm Aug 25, 2014 12:59pm
Quoting T@rantula
From intraday perspective we can see that EURUSD has been trying to retest 3220 level and we can also see a retail gap that has been formed on the chart. 3220 re test would give us another short opportunities towards 3175-65 zone where next targets are. Now technically if EURUSD doesnt retrace to POC we might see a direct touch of 3175-65 zone but its always better to sell higher and wait for a pullback to exploit trend trade properly. There is also HIDDEN BEARISH DIVERGENCE FORMING as price has been dropping while MACD has been making highs. Hidden...

Excellent arguments about the odds!
FXcube
  • #19,792
  • Aug 26, 2014 3:05am Aug 26, 2014 3:05am
Quoting Forexcube
{quote} Excellent arguments about the odds! FXcube
Quoting infinitus
{quote}
Thanks a lot guys!
  • #19,793
  • Aug 26, 2014 3:07am Aug 26, 2014 3:07am
fail to breakout(camarilla levels) + gravestone reversal bar + macd divergence leading to a perfect setup
moving SL to BE and monitoring for exit
E/U 15M
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  • #19,794
  • Aug 26, 2014 4:03am Aug 26, 2014 4:03am
Quoting ampburner
fail to breakout(camarilla levels) + gravestone reversal bar + macd divergence leading to a perfect setup moving SL to BE and monitoring for exit E/U 15M {image}
Nice one AMP.
  • #19,795
  • Aug 26, 2014 7:35am Aug 26, 2014 7:35am
Im still looking to short into 3220 zone.
  • #19,796
  • Aug 27, 2014 3:28am Aug 27, 2014 3:28am
@T@rantula - your "recap's" short trade on AUDUSD is active
  • #19,797
  • Edited 6:56am Aug 27, 2014 6:39am | Edited 6:56am
Quoting adamjot
@T@rantula - your "recap's" short trade on AUDUSD is active
Yep +25 on EURUSD and + 50 on GBPUSD so far
  • #19,798
  • Aug 27, 2014 6:47am Aug 27, 2014 6:47am
GBPAUD is in downtrend and important intraday level has been broken - 7765 which is 23.6 of the last bearish intraday swing. POC comes close to DPP, H3 and 50.0 fib and we also see that this level provided some near term history of selling after the successful breakout of the level. 7795-7800 could give us short opportunities towards 7715 initially.

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  • #19,799
  • Aug 27, 2014 9:52am Aug 27, 2014 9:52am
Quoting adamjot
@T@rantula - your "recap's" short trade on AUDUSD is active
Closing it at BE.
  • #19,800
  • Aug 27, 2014 4:13pm Aug 27, 2014 4:13pm
Quoting T@rantula
{quote} Closing it at BE.
I closing it, too (with -1 pips)
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