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  • #938,681
  • Nov 25, 2014 10:22am Nov 25, 2014 10:22am
Bear will face much difficulty to close next H4 below 2465
You cannot learn better without losing
  • #938,682
  • Nov 25, 2014 10:23am Nov 25, 2014 10:23am
Quoting victoriajen
EUR/USD really did form a double bottom at the support at the 1.2350, which proved to be quite strong, and is now headed for 1.2570. Between that double bottom and the strong support I am starting to wonder whether this is not the beginning of a more long-term correction.
Since 1.2487 wasnt broken i still think we will see a new try at the bottom. I am short 1.5 here Gogo USD!
  • #938,683
  • Nov 25, 2014 10:24am Nov 25, 2014 10:24am
Quoting victoriajen
EUR/USD really did form a double bottom at the support at the 1.2350, which proved to be quite strong, and is now headed for 1.2570. Between that double bottom and the strong support I am starting to wonder whether this is not the beginning of a more long-term correction.
I'm leaning slightly more towards a intraday correction up to 1.255. We may also briefly scratch 1.2560/70, but we're likely not going beyond 1.2600 today. Not unless we have some heavyweight surprise news coming (which could happen, but likely to not happen)
  • #938,684
  • Nov 25, 2014 10:31am Nov 25, 2014 10:31am
Quoting Ken A
{quote} Watching and waiting to short again
Looks like 1.4640 is last chance.
Fix up, trade sharp ...
  • #938,685
  • Nov 25, 2014 10:33am Nov 25, 2014 10:33am
Quoting Hickson
{quote} Looks like 1.4640 is last chance.

walked 206 pips hi/lo today so far... anyway as mentioned earlier, EUR/AUD is a real beast^^

Lets c.... giving it room to 4770, reloading 4650
Hero calls followed by margin calls...
  • #938,686
  • Nov 25, 2014 10:36am Nov 25, 2014 10:36am
Quoting Seraphan
{quote} Since 1.2487 wasnt broken i still think we will see a new try at the bottom. I am short 1.5 here Gogo USD!
my high is 2486, did your broker off 1.2500?!?
Hero calls followed by margin calls...
  • #938,687
  • Nov 25, 2014 10:44am Nov 25, 2014 10:44am
Quoting Hickson
{quote} Looks like 1.4640 is last chance.
One Final Spike UP to pick up my ORDER then DOWN BIG DOWN

Quoting ill_be_back
{quote} Pending SHORT EA 1.46520
A good trader follows his rules, but great trader knows when to break them
  • #938,688
  • Nov 25, 2014 10:46am Nov 25, 2014 10:46am
Price action is only going to start tapering off now and into tomorrow as Thanksgiving starts to come into play. I expect sideways price action and look to next week for price to re test lows. Dollar Index remains strong and I believe is in a corrective phase. The move off the lows in Euro doesn't appear to be impulsive so still bearish whilst price is below 1.25000
  • #938,689
  • Nov 25, 2014 10:48am Nov 25, 2014 10:48am
Quoting PhAnTi'
{quote} walked 206 pips hi/lo today so far... anyway as mentioned earlier, EUR/AUD is a real beast^^ Lets c.... giving it room to 4770, reloading 4650
If EUR retains a little of this current resilience, EUR/AUD may just continue up. Check out the daily on this.
  • #938,690
  • Nov 25, 2014 10:50am Nov 25, 2014 10:50am
Quoting ill_be_back
{quote} One Final Spike UP to pick up my ORDER then DOWN BIG DOWN {quote}
I'm waiting to see price move down a little more freely, without getting 'tangled up'
  • #938,691
  • Nov 25, 2014 10:52am Nov 25, 2014 10:52am
Quoting ill_be_back
{quote} One Final Spike UP to pick up my ORDER then DOWN BIG DOWN {quote}
Damn ... forgot that the whole market was waiting to pick up YOUR ORDER before BIG DOWN!!!!
Fix up, trade sharp ...
  • #938,692
  • Nov 25, 2014 10:54am Nov 25, 2014 10:54am
Quoting Didgeridoo
{quote} If EUR retains a little of this current resilience, EUR/AUD may just continue up. Check out the daily on this.

If and may, thats the problem in this business...

And thats why I sell high and buy low, to get the edge to be profitable in the long run.

In the end, price/market proves me to be wrong, no one else.

Take care,

J
Hero calls followed by margin calls...
  • #938,693
  • Nov 25, 2014 10:55am Nov 25, 2014 10:55am
Quoting ill_be_back
{quote} One Final Spike UP to pick up my ORDER then DOWN BIG DOWN {quote}
interestingly, I have an important Fib level at your number... let's see if this will turn from there.
Fix up, trade sharp ...
  • #938,694
  • Nov 25, 2014 10:55am Nov 25, 2014 10:55am
Quoting Hickson
{quote} Damn ... forgot that the whole market was waiting to pick up YOUR ORDER before BIG DOWN!!!!
A good trader follows his rules, but great trader knows when to break them
  • #938,695
  • Nov 25, 2014 10:57am Nov 25, 2014 10:57am
Quoting PhAnTi'
{quote} my high is 2486, did your broker off 1.2500?!?
Haha my bad. I meant 1,5 Lot from 1.24820
  • #938,696
  • Nov 25, 2014 11:19am Nov 25, 2014 11:19am
Quoting PhAnTi'
{quote} If and may, thats the problem in this business... And thats why I sell high and buy low, to get the edge to be profitable in the long run. In the end, price/market proves me to be wrong, no one else. Take care, J
Yes, true - the market.

  • #938,697
  • Nov 25, 2014 11:38am Nov 25, 2014 11:38am
Seems like another wave is coming. 3th waves usually beat that 61.8% let's wait and see.
Attached Image (click to enlarge)
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  • #938,698
  • Nov 25, 2014 11:39am Nov 25, 2014 11:39am
Quoting TheNoob
{quote} from what i see now, it seems we are starting another uping range... the 2400 break has ruined nearly every chance to see 2250 without breaking the July 2014 rules...so the last 2250 hope must probably be Draghi who is trying to break the logic and build a new down trend?, nothing is clear yet...
as i told you this morning, the July 2014 Logic is still valid, so as expected draghi speech = useless...Gator was true when he said we will go back at old support turned resistance (2480-85)... i hope you didn't sold it in 2340-2420 area cuz sorry for you but the Trap machine is still intact...
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #938,699
  • Nov 25, 2014 11:42am Nov 25, 2014 11:42am
Quoting ottmnslap
Seems like another wave is coming. 3th waves usually beat that 61.8% let's wait and see. {image}
This was good analysis, thank you.
  • #938,700
  • Nov 25, 2014 11:44am Nov 25, 2014 11:44am
Quoting Abdul2012
{quote} This was good analysis, thank you.
thanks already, but we have to wait and see
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