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  • #932,141
  • Oct 28, 2014 12:05pm Oct 28, 2014 12:05pm
Quoting egkid
{quote} I do the reason behind my post real good trader will search and try to find out and that is my aim fake one will not care and maybe even attack my post any way ig list is big enough


Ok,I can see a lot m5 at 2747,trying to find some old candles at this level but can't...is it a ridle or you gona tell us?
  • #932,142
  • Oct 28, 2014 12:11pm Oct 28, 2014 12:11pm
Quoting pedro319
{quote} EURUSD We can see now more clearly how the inner ABCD is shaping inside the BFly Sell. daily chart. 1.3000 doesn't seem that awkward now. We should have some retracement before that, I will be looking at the hourly chart for confluence levels even with the 15 Mins and pivots, daily and 4 hrs for adding longs. If the Fed meeting produces dovish comments, that could trigger some acceleration towards these targets. Manage your risk and use invalidation points to exit trades {image}

the issue i get is lately on a flash of a millisecond we are moving from overbought to oversold and vice versa

thats why although i see the ABCD having an "option" for upwards (maybe 1.3 but i dont believe it since the enormous -successful resistance we had last time at 1.29X) i dont believe for now that this will materialise...unless we have the fundamentals backing it up of course
  • #932,143
  • Oct 28, 2014 12:12pm Oct 28, 2014 12:12pm
Quoting gatorinla
{quote} enlightening, the closest one cane to saying something w/o saying anything. nice trade. i guess it meant long w/o saying. last Wednesday, the old "i know where its going but cant say trade" the rest is mostly attacks
Sorry I didn't think you should be reminded to take your purse. What was wrong with what I said, unlike you I do not want to sound too confident as if I know what the market will do. After the CPI data market went only one way, so what was wrong with it?
  • #932,144
  • Oct 28, 2014 12:12pm Oct 28, 2014 12:12pm
Quoting egkid
{quote} Next hours till London will b nice one
Market will struggle with 1.2780-1.28 because there is a lot of stuff there but even if we move to 1.30 is still a bear market and my long term target is still 1.2180.
We watch the charts from every angle so you don't have to!!
  • #932,145
  • Oct 28, 2014 12:15pm Oct 28, 2014 12:15pm
Quoting Beli
{quote} Ok,I can see a lot m5 at 2747,trying to find some old candles at this level but can't...is it a ridle or you gona tell us?

1.2747 historically is a key area to the direction (at least the trend) according to what i know of course from the past havent searched it yet for further info (if there is) and egkid is not talking about out of the blue he has made a good point .... as to who cares to find out (incl. me) thats another story
  • #932,146
  • Oct 28, 2014 12:15pm Oct 28, 2014 12:15pm
Quoting Kgp
{quote} the issue i get is lately on a flash of a millisecond we are moving from overbought to oversold and vice versa thats why although i see the ABCD having an "option" for upwards (maybe 1.3 but i dont believe it since the enormous -successful resistance we had last time at 1.29X) i dont believe for now that this will materialise...unless we have the fundamentals backing it up of course
The techs always materialize on the back of fundamentals, whatever they may be...
Plus, for me Resistance and support are exact numbers and can be broken anytime.
We watch the charts from every angle so you don't have to!!
  • #932,147
  • Oct 28, 2014 12:19pm Oct 28, 2014 12:19pm
Quoting pedro319
{quote} The techs always materialize on the back of fundamentals, whatever they may be...

agreed... although as you might have understand so far i am more of FA (in proportion) and as i read your previous comment regarding long term we are close regarding the outcome (expect to drop a little bit more than that)
  • #932,148
  • Oct 28, 2014 12:24pm Oct 28, 2014 12:24pm
chicky, did u leave a thirsty camel>
those who can, do. those who cant, talk about those who can
  • #932,149
  • Oct 28, 2014 12:25pm Oct 28, 2014 12:25pm
Quoting gatorinla
{quote} just putting some light on the roaches with always something to say, after the fact. looking through your post i see a pattern. i honestly dont care if u make 100% a day. if your motive is to just harass people here, then your in the wrong place.
I have no business with harrassing anyone yet alone any traders here, it just pisses me off to see non-stop bragging even when it absolutely makes no sense. That's all.

And no, I don't make 100% per day. I recovered from my losses of a heavy long trade this year around 1.3580s entry - I know how stupid this now sounds yes - after a long term fight recently and running a tiny bit of profit for the year.

Actually I don't want to argue with anyone here, so I zip it. Trade well & safe & profitable mate..
  • #932,150
  • Oct 28, 2014 12:26pm Oct 28, 2014 12:26pm
Quoting Kgp
{quote} agreed... although as you might have understand so far i am more of FA (in proportion) and as i read your previous comment regarding long term we are close regarding the outcome (expect to drop a little bit more than that)
I expect it to drop more than that too, that is my first long term target (1.2190) and I know fundamentals back that one up, but now my mission is to find where the second leg down daily chart is going to start.
We watch the charts from every angle so you don't have to!!
  • #932,151
  • Oct 28, 2014 12:27pm Oct 28, 2014 12:27pm
Quoting Chicky
Closed short term shorts. Now long. Time for nap. It doesn't mean it cannot go to 1.2680
wake up, i had a question
those who can, do. those who cant, talk about those who can
  • #932,152
  • Oct 28, 2014 12:32pm Oct 28, 2014 12:32pm
Quoting P.technique
{quote} I have no business with harrassing anyone yet alone any traders here, it just pisses me off to see non-stop bragging even when it absolutely makes no sense. That's all. And no, I don't make 100% per day. I recovered from my losses of a heavy long trade this year around 1.3580s entry - I know how stupid this now sounds yes - after a long term fight recently and running a tiny bit of profit for the year. Actually I don't want to argue with anyone here, so I zip it. Trade well & safe & profitable mate..
Who told you long from 1.3580 was stupid? It didn't go your way. 1.35 was my favorite level for longs but I knew that below that there was little chance. I appreciate your honesty.
We watch the charts from every angle so you don't have to!!
  • #932,153
  • Oct 28, 2014 12:38pm Oct 28, 2014 12:38pm
Quoting pedro319
{quote} Who told you long from 1.3580 was stupid? It didn't go your way. 1.35 was my favorite level for longs but I knew that below that there was little chance. I appreciate your honesty.
Now it looks damn stupid to be honest, there were all signs of we were in a deep bearish trend. It cost me very sad few months. No worries, all is back on track now, wasted the whole year that is bad but this doesn't happen the first time
  • #932,154
  • Oct 28, 2014 12:40pm Oct 28, 2014 12:40pm
12750 is strong., 3rd attempt now.
  • #932,155
  • Oct 28, 2014 12:41pm Oct 28, 2014 12:41pm
Quoting pedro319
{quote} EURUSD We can see now more clearly how the inner ABCD is shaping inside the BFly Sell. daily chart. 1.3000 doesn't seem that awkward now. We should have some retracement before that, I will be looking at the hourly chart for confluence levels even with the 15 Mins and pivots, daily and 4 hrs for adding longs. If the Fed meeting produces dovish comments, that could trigger some acceleration towards these targets. Manage your risk and use invalidation points to exit trades {image}
I love your analysis which is just like mine. I did my measurements from the Weekly chart and got a target level around the 1.31 area of this large multi-week retracement leg that has been climbing upwards for the past several weeks.

The way that I spotted this setup was because on both the Monthly and the Weekly charts, the price was so-called "oversold" on the Fast Stochastics [settings = 5,3,3] and I "knew" {had a strong conviction} that price must retrace in order to "equalize" it's market value.

I also used the Fibonacci Retracement Tool + horizontal S&R lines at Fractal Levels which truly does open ones eyes to the wave structure

I think that if it truly does continue to head higher up near 1.29-1.31 that is when the big sell-off down towards 1.20, 1.18 or even 1.14 will occur!

Let's just be ready so we can bank these pips on both directions going up and coming down.

Below is your image but I will try and post my chart as soon as I get a good chance to. Don't have the time at the moment!

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 56 KB
It's time we stop entertaining ourselves and start realizing ourselves!
  • #932,156
  • Oct 28, 2014 12:42pm Oct 28, 2014 12:42pm
Quoting pedro319
{quote} USDCAD Retracement continues. Price currently challenging 38.2 Ret 1 hour chart + pivot point. On the 4 hrs chart price already touched 61.8 Ret (that is the risk of adding here) but if if breaks I expect to see this ABCD targeting initially 1.1156 and then even 1.1070, this last is 50 % Ret daily chart. {image}
USDCAD
Target wasn't reached by 10pips, (we may still go lower) now we have to keep a close look on this pair before it turns back up, price touched .447 Ret daily chart + WS1. If you see big reversal candles 4 hrs or daily chart, that might indicate that retracement down is over and it's time to reload longs. Meanwhile if I see something interesting will post here.
We watch the charts from every angle so you don't have to!!
  • #932,157
  • Oct 28, 2014 12:47pm Oct 28, 2014 12:47pm
I believe that we're looking at another 24 hrs before any major change will develop. Before close Friday the pair (eur/usd) should be hovering around 1.26 area. Profitable trading everyone!
  • #932,158
  • Oct 28, 2014 12:48pm Oct 28, 2014 12:48pm
Quoting P.technique
{quote} Now it looks damn stupid to be honest, there were all signs of we were in a deep bearish trend. It cost me very sad few months. No worries, all is back on track now, wasted the whole year that is bad but this doesn't happen the first time
Allow me to disagree. The only big and absolutely solid sign that the trend had turned down was taking out the lows of 1.3474, until then it could have been anything else and by then we were still waiting for confirmation from the ECB that further measures were to be taken on the monetary front, otherwise it could have gone all the way up to touch yearly R1 like it did on Pound.
Cheers.
We watch the charts from every angle so you don't have to!!
  • #932,159
  • Edited 1:05pm Oct 28, 2014 12:52pm | Edited 1:05pm
Quoting moneyflow21
{quote} I love your analysis which is just like mine. I did my measurements from the Weekly chart and got a target level around the 1.31 area of this large multi-week retracement leg that has been climbing upwards for the past several weeks. The way that I spotted this setup was because on both the Monthly and the Weekly charts, the price was so-called "Oversold" on the Fast Stochastics [settings = 5,3,3] and I "knew" {had a strong conviction} that price must retrace in order to "equalize" it's market value. I also used the Fibonacci Retracement...
Well done!
If you put the fib on your weekly chart you will see that 1.25 is .786 Ret from the swing 1.2058 to top, that was my early sign, though I didn't take long from there.
I just checked that 1.31 area, which swing are you using, just tell me the high and the low please.
We watch the charts from every angle so you don't have to!!
  • #932,160
  • Oct 28, 2014 12:55pm Oct 28, 2014 12:55pm
where the price will go now? maybe the MFI will tell us
Attached Image (click to enlarge)
Click to Enlarge Name: MFI50 can tell us.jpg Size: 431 KB
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
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