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  • #20,481
  • Jan 7, 2015 2:14pm Jan 7, 2015 2:14pm
Quoting T@rantula
Today FOMC meeting minutes may give some counter trend opportunities on EURUSD. My opinion is that possible QE measures and possible Grexit are strongly priced in so less then expected hawkish statement on FOMC will give some relief to EU currency pair. Also we must not forget that strong depreciation of EUR currency pair is actually good for exporters (!) so what can happen is that the decision on QE will be postponed. Anyway 1800-1810 zone is a support also on equidistant channel and L4 camarilla so it does give potential chance for counter trend...
+50 so far. 1850 needs to break for a continuation
  • #20,482
  • Jan 7, 2015 2:15pm Jan 7, 2015 2:15pm
Quoting jajaja
{quote} TP1, TP2 hit, final target is 115,5 I'm waiting for a new entry.
Quoting kalyan
{quote} yes...finally.. taken @7790 and closed for +50.
Well done guys!
  • #20,483
  • Jan 7, 2015 2:16pm Jan 7, 2015 2:16pm
Quoting c49
Still a dollarbull , but Dollarindex is nearing some important levels. Monthly DX chart , {image} The Monthly levels of 92,40 and 94.40 coincide with the weekly Innertrendline or the pitchfork and the 94.30 level also being the 1.27 Fib extension from the march 2009 high to the may 2011 low ( not shown on the chart) {image}
Good analysis. We might see a correction soon! USD should correct itself
  • #20,484
  • Jan 8, 2015 2:10am Jan 8, 2015 2:10am
Quoting T@rantula
{quote} {quote} Well done guys!
Hi guys!
New NZD/USD potential short entry 0,7845, SL: 0,788, TP1: 0,7755, TP2: 0,773
Enter Signature
  • #20,485
  • Jan 8, 2015 2:39am Jan 8, 2015 2:39am
Quoting jajaja
{quote} Hi guys! New NZD/USD potential short entry 0,7845, SL: 0,788, TP1: 0,7755, TP2: 0,773
Same level here.

for exact numbers I look for either 7838 or 7852.
  • #20,486
  • Jan 8, 2015 3:39am Jan 8, 2015 3:39am
EURUSD still no strength to break 1850 for a further continuation to the upside. We need to wait for NFP which could give us a relief rally or new low.
  • #20,487
  • Jan 8, 2015 4:11am Jan 8, 2015 4:11am
USDJPY 119.55 and 119.20 region could give us bounces and long setups. 119.55 is the first level to watch for as it is a confluence of H3,23.6 and Inner trendline and because of H3 level retest I expect 119.55 to provide bounces/ scalp swings in first few touches towards 120.30. In the case of further drop 119.20 region is the POC with stops at 118.70 just below L4 towards 120.30 target.

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-01-08_10-58-57.png Size: 71 KB
  • #20,488
  • Jan 8, 2015 10:11am Jan 8, 2015 10:11am
Quoting T@rantula
USDJPY 119.55 and 119.20 region could give us bounces and long setups. 119.55 is the first level to watch for as it is a confluence of H3,23.6 and Inner trendline and because of H3 level retest I expect 119.55 to provide bounces/ scalp swings in first few touches towards 120.30. In the case of further drop 119.20 region is the POC with stops at 118.70 just below L4 towards 120.30 target. {image}
Scalping off 119.50 pretty much successful so far.
  • #20,489
  • Jan 8, 2015 12:48pm Jan 8, 2015 12:48pm
T. can I ask you how do you find your inner trendlines ? I can't seem to be able to make sense of it

thanks again
  • #20,490
  • Jan 8, 2015 7:17pm Jan 8, 2015 7:17pm
Quoting EternalNewB
T. can I ask you how do you find your inner trendlines ? I can't seem to be able to make sense of it thanks again
Inner TL s are very useful in identifying the next move. Little practice required.But if you find tough you can take the help of fractals.
Practice to draw from fractal to fractal. That's what I did.
  • #20,491
  • Jan 8, 2015 7:26pm Jan 8, 2015 7:26pm
Aud looks like this to me. 4H divergence also confirms this. SL moved to BE. lets c
Attached Image (click to enlarge)
Click to Enlarge Name: aud.JPG Size: 85 KB
  • #20,492
  • Jan 9, 2015 2:40am Jan 9, 2015 2:40am
Quoting EternalNewB
T. can I ask you how do you find your inner trendlines ? I can't seem to be able to make sense of it thanks again
Quoting kalyan
{quote} Inner TL s are very useful in identifying the next move. Little practice required.But if you find tough you can take the help of fractals. Practice to draw from fractal to fractal. That's what I did.
Start with this what Kalyan said. The inner trend lines are trend lines which previously served as s/r but are now broken. Refer to my chart showing inner trendlines.
  • #20,493
  • Jan 9, 2015 4:08am Jan 9, 2015 4:08am
Quoting kalyan
{quote} Same level here. for exact numbers I look for either 7838 or 7852.
Hi!
Now +30. Be careful, NFP is coming. Stop at BE.
Enter Signature
  • #20,494
  • Jan 9, 2015 4:26am Jan 9, 2015 4:26am
Quoting jajaja
{quote} Hi! Now +30. Be careful, NFP is coming. Stop at BE.
Thanks mate,but I dint take it. I am long on audusd.
  • #20,495
  • Jan 9, 2015 4:53am Jan 9, 2015 4:53am
Quoting kalyan
{quote} Thanks mate,but I dint take it. I am long on audusd.
Hello Kalyan!
I see in the pair a bullish divergence. Breakout point is 0,814 (61,8 fib + descending trendline 4h TF)
Enter Signature
  • #20,496
  • Jan 9, 2015 7:13am Jan 9, 2015 7:13am
Quoting kalyan
Aud looks like this to me. 4H divergence also confirms this. SL moved to BE. lets c {image}
Quoting jajaja
{quote} Hello Kalyan! I see in the pair a bullish divergence. Breakout point is 0,814 (61,8 fib + descending trendline 4h TF)
+40 locked. But I still expect atleast 8180.
  • #20,497
  • Jan 9, 2015 7:52am Jan 9, 2015 7:52am
NFP showed better then expected results vs earnings which took a hit. We may see new lows on USD pairs. GBPUSD could test 1.5000. and EURUSD 1720. Will need to see the daily close.
  • #20,498
  • Jan 9, 2015 8:13am Jan 9, 2015 8:13am
Hi T. & Kalyan

any reason why AUDUSD is going up ATM ? do you see it as just a correction ?
  • #20,499
  • Jan 9, 2015 8:34am Jan 9, 2015 8:34am
Quoting EternalNewB
Hi T. & Kalyan any reason why AUDUSD is going up ATM ? do you see it as just a correction ?
This could look like a deeper correction. We might see bullish setups next week . I wouldnt sell AUDUSD on intraday basis. Its buy into dips.
  • #20,500
  • Jan 9, 2015 10:09am Jan 9, 2015 10:09am
Quoting jajaja
{quote} Hello Kalyan! I see in the pair a bullish divergence. Breakout point is 0,814 (61,8 fib + descending trendline 4h TF)
Nice. 0,821 double top, and W pattern. Buy into dips, as Tarantula said. Maybe next week.
Enter Signature
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