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  • #944,201
  • Dec 16, 2014 3:40pm Dec 16, 2014 3:40pm
Quoting YardiFX
look at GU trying to close above 1.5756...will it make it...if it does, down go EU and GU...
One more upmove from EU and it should be enough for GU to reach 5850.
Everyone can see the chart, but only a few can actually read it.
  • #944,202
  • Dec 16, 2014 3:43pm Dec 16, 2014 3:43pm
Hi I don't see 1.288, 1.26xx is the highest I see...and that's on a weekly chart...

Quoting CandleStar
{quote} Some speak of 1.288x, but we will not get there in one stroke if this ever happens. So there will be time enough to take advantage of the move until then. There are more than one ways to skin the cat. The trick is to be open minded. Donīt be fixed to S and L.
Peace & Pips
  • #944,203
  • Dec 16, 2014 3:45pm Dec 16, 2014 3:45pm
OA...GU has a little date with 1.55xx then there will be a big divergence from EU...damn it may return to 1.69xx

Quoting OnlineAddict
{quote} One more upmove from EU and it should be enough for GU to reach 5850.
Peace & Pips
  • #944,204
  • Dec 16, 2014 3:51pm Dec 16, 2014 3:51pm
Quoting YardiFX
OA...GU has a little date with 1.55xx then there will be a big divergence from EU...damn it may return to 1.69xx {quote}
Might be...for me, 5850-5900 will come first, then down to 5250-5350, but it might be the other way around. The same I am trading on EU...first above 2600, then down to 2280, maybe lower.
Everyone can see the chart, but only a few can actually read it.
  • #944,205
  • Dec 16, 2014 4:02pm Dec 16, 2014 4:02pm
ohh missed close by 6 pips...haha... more up for GU and EU...you may just get your wish OA
Quoting OnlineAddict
{quote} Might be...for me, 5850-5900 will come first, then down to 5250-5350, but it might be the other way around. The same I am trading on EU...first above 2600, then down to 2280, maybe lower.
Peace & Pips
  • #944,206
  • Dec 16, 2014 4:06pm Dec 16, 2014 4:06pm
The FOMC go "Dove" tomorrow when the RUB is being smashed. Think!
  • #944,207
  • Dec 16, 2014 4:20pm Dec 16, 2014 4:20pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Continued upside to the 141 extension which lies at confluence of the psyche level 1.26xx is likely. The 200 SMA has acted as dynamic resistance the past few months. Now that we've broken & closed above the 200 SMA any moves down could treat the 200 as support.
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  • #944,208
  • Dec 16, 2014 4:24pm Dec 16, 2014 4:24pm
Quoting IrishMist
Short €... this game is over gentlemen.
Its ok if you think this........ I will be making money on the other side of your trade
  • #944,209
  • Dec 16, 2014 4:28pm Dec 16, 2014 4:28pm
Quoting eggs
Continued upside to the 141 extension which lies at confluence of the psyche level 1.26xx is likely. The 200 SMA has acted as dynamic resistance the past few months. Now that we've broken & closed above the 200 SMA any moves down could treat the 200 as support. {image}
I have a pending short at 2645, if we don't get as high, I will short manually from above 2600.
Everyone can see the chart, but only a few can actually read it.
  • #944,210
  • Dec 16, 2014 4:37pm Dec 16, 2014 4:37pm
Quoting OnlineAddict
{quote} I have a pending short at 2645, if we don't get as high, I will short manually from above 2600.
Daily charts are heavily Overbought at the moment though so we should see Daily hit down to maybe 24700 level before heading back up? no?
  • #944,211
  • Dec 16, 2014 4:42pm Dec 16, 2014 4:42pm
Quoting zack.trader
{quote} Daily charts are heavily Overbought at the moment though so we should see Daily hit down to maybe 24700 level before heading back up? no?
Maybe...or market just wants to kill all shorts before heading further down...in that case, it will just keep going up and killing accounts.
Everyone can see the chart, but only a few can actually read it.
  • #944,212
  • Dec 16, 2014 5:30pm Dec 16, 2014 5:30pm
If tomorrow we have a very settle statement and rate hike in Q1 2015... maybe there will be a 1.200 by the end of this week??
  • #944,213
  • Dec 16, 2014 6:04pm Dec 16, 2014 6:04pm
Quoting babybullface
If tomorrow we have a very settle statement and rate hike in Q1 2015... maybe there will be a 1.200 by the end of this week??
I hope you are not trading towards 1.2 within 3 days.
Everyone can see the chart, but only a few can actually read it.
  • #944,214
  • Dec 16, 2014 8:13pm Dec 16, 2014 8:13pm
EURUSD was one of my strong picks last week when as it was approaching a MAJOR MONTHLY support of the 200MA. I had missed the entry on it that caused me not wanting to get into the move until this past Sunday. From Top-Down analysis, EURUSD will be rising in price for a number of months from here on out. In correlation to this pair, you can begin shorting USDCHF.

Monthly: As stated on the Monthly you can see a nice solid Bottoming Tail standing tall after bouncing off of that 200MA. The 200MA doesn't get any stronger than the Monthly. The month is not quite over yet so anything can happen, but the likelihood of price breaking below is unlikely. Keep it mind the Bears try to take control before two times, but loss.

Weekly: What is currently rounding up is what I was taught, is the "Cone Trade". This occurs when price breaks the 8MA to be retraced towards the 20MA. That break happen earlier today. Cone Trade is never valid until price has officially closed above the 8MA which we may see by the end of this trading week.

Daily: We got a nice solid Green bar(Bull 180) to the upside to sit right on top of that flat 20MA. Once price breaks above the 50MA is all clear skies from there.

4H: We currently have a buy entry forming as I type this after a nice pullback right into the 8MA to form a nice size Bottoming Tail rejecting right off.

Yes I have four positions on this! It's a unique adding skill I consider "Elevator Adding".

Happy Trading Everyone!

PS: Anyone playing short positions on this...be smart. Bulls are 99% in control at this point. I wouldn't even play pullbacks for small gains. Play accordingly to your trading plan.
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  • #944,215
  • Dec 16, 2014 8:34pm Dec 16, 2014 8:34pm
Quoting janpec1000
{quote} No talk it has been already passed by congress. List: https://www.congress.gov/bill/113th-...nate-bill/2828 Now important one is "banking transactions" for all foreign persons. Does this translate as Swift ban for all outside Russian transactions? Could be.
Russian banks unable to borrow from coalition countries banks.
those who can, do. those who cant, talk about those who can
  • #944,216
  • Dec 16, 2014 8:39pm Dec 16, 2014 8:39pm
Quoting gatorinla
ea + 1000 today {image}
Excellente .....

Trying to grab few pips off key level risking few ..........

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Edit:

Out and flip to long - that was quick

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  • #944,217
  • Dec 16, 2014 8:46pm Dec 16, 2014 8:46pm
do us all a favor, if your new to trading. try not posting any trading advice. sit back and watch, listen and learn, a few months or more. if you do this it will cost u less. at least till your consistently making demo money.
those who can, do. those who cant, talk about those who can
  • #944,218
  • Dec 16, 2014 8:54pm Dec 16, 2014 8:54pm
Quoting Ken A
{quote} Excellente ..... Trying to grab few pips off key level risking few .......... {image} Edit: Out and flip to long - that was quick {image}
sorry, it was just a little add.
those who can, do. those who cant, talk about those who can
  • #944,219
  • Dec 16, 2014 8:55pm Dec 16, 2014 8:55pm
Quoting gatorinla
{quote} sorry, it was just a little add.
Watching AUDNZD ....
  • #944,220
  • Dec 16, 2014 8:57pm Dec 16, 2014 8:57pm
Quoting Ken A
{quote} Watching AUDNZD ....
i missed it.. was waiting for 0489/05025
those who can, do. those who cant, talk about those who can
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Jewel1996