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EURUSD

  • #962,601
  • Feb 20, 2015 9:51pm Feb 20, 2015 9:51pm
Quoting Ken A
{quote} What correlation are you looking for? GBPAUD also hit multi-year high back to 2009 level so the pressure could push AU up from correlated pair as you said but no clear BO for AU...... I am in from 2.0007x looking at 1.9000 {image}
GA has probably the weakest signal of them all. AU still has a bit of catching up before it hits the 4hr falling TL/200ma to consider the BO but imo there is a possibility that the LL has been made for a while. There is a resistance level like the one of AN and also ACad that I will be looking for a pullback from. The trade is still in the aggressive stages and is yet to find the confirmation as it may end up on the FO side of things. It was a good st trade to take though.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpaud #1.png Size: 51 KB
Click to Enlarge Name: audcad #2.png Size: 73 KB
As the lights go by so too do the shadows move
  • #962,602
  • Feb 20, 2015 10:01pm Feb 20, 2015 10:01pm
Divergence analysis for EUR/USD
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.jpg Size: 397 KB
All Praise The King of kings and Lord of lords Cuong V Truong
  • #962,603
  • Feb 20, 2015 10:06pm Feb 20, 2015 10:06pm
Quoting Ken A
{quote} What correlation are you looking for? GBPAUD also hit multi-year high back to 2009 level so the pressure could push AU up from correlated pair as you said but no clear BO for AU...... I am in from 2.0007x looking at 1.9000 {image}
I have also being watching the pound via the geppy too. The double top was of interest but it is now in doubt with the last few hours of trade as it may now continue on the BO topside, it's a wait and see level for me.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy #2.png Size: 78 KB
As the lights go by so too do the shadows move
  • #962,604
  • Feb 21, 2015 12:23am Feb 21, 2015 12:23am
Very strange activity in the EUR/USD market.
Pin bar usually signal a trend reversal. But, it didn't work in this case.
I added the arrows in this chart to show you the arrows.

Another sign of strange activity in the EUR/USD market is the candles have very long tails.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd pinbar.jpg Size: 201 KB
All Praise The King of kings and Lord of lords Cuong V Truong
  • #962,605
  • Feb 21, 2015 12:49am Feb 21, 2015 12:49am
First one - invalid, should be bigger than previous candle
Second - invalid, this is trend continuation pattern
Third - valid, bigger, and it hit major support, trend revesed
Fourth - trend continuation
  • #962,606
  • Feb 21, 2015 1:14am Feb 21, 2015 1:14am
Quoting KzX
First one - invalid, should be bigger than previous candle Second - invalid, this is trend continuation pattern Third - valid, bigger, and it hit major support, trend revesed Fourth - trend continuation
So, in order for it to consider to be a valid pin bar it has to hit support or resistance level?

Could this pin bar consider to be a valid pin bar, a sign of trend reversal because it is near the resistance line?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd pinbar 2.jpg Size: 193 KB
All Praise The King of kings and Lord of lords Cuong V Truong
  • #962,607
  • Feb 21, 2015 2:39am Feb 21, 2015 2:39am
Quoting Kingofkings
{quote} So, in order for it to consider to be a valid pin bar it has to hit support or resistance level? Could this pin bar consider to be a valid pin bar, a sign of trend reversal because it is near the resistance line? {image}
Yes and no, for me it's not clear. It hit resistance zone 20-50 but it's not bigger than the previous candle - it pulled back a bit.Good pin bars usually reverse market and set it for a bigger move, mixed ones are good for pull backs to the nearest S/R but may also be false.
  • #962,608
  • Feb 21, 2015 2:57am Feb 21, 2015 2:57am
Quoting DrAliHamza
{quote} one who claims to be god is holding wrong positions, now I know market dont care any one this guy has flood whole internet with useless and false claims check out his profile. typing his name on google brings number of weird threads. {image}
Wow, what a great comedian! Where is his next show? Oh wait ... he is for real?!

I thought the times where people were claiming to be the next Messiah have been over for 300, 400 years or so but ok ... you live and learn lol
Fix up, trade sharp ...
  • #962,609
  • Feb 21, 2015 3:10am Feb 21, 2015 3:10am
Stop losses have been taken away, now it is time to move euro down.
  • #962,610
  • Feb 21, 2015 3:54am Feb 21, 2015 3:54am
Will eurusd Monday Reach 1460 Provided 1460 Sell opportunity?

Sorry My English is not good
  • #962,611
  • Feb 21, 2015 3:59am Feb 21, 2015 3:59am
Quoting OnlineAddict
{quote} Why people with the most "profits" always use the weirdest brokers nobody ever heard about, I don't get. Or wait...
This is the Best broker in Poland ☺
Enter Signature
  • #962,612
  • Feb 21, 2015 4:20am Feb 21, 2015 4:20am
Quoting Hkr-wck
{quote} This is the Best broker in Poland ☺
Poland lol
  • #962,613
  • Feb 21, 2015 4:53am Feb 21, 2015 4:53am
Quoting pedro319
GBPUSD I still believe this pair will go lower, 1.5450 seems like a good R:R situation, D1 Negative MACD divergence and confluence WR1 and MR1 area + H4 ABCD. {image}
GBPUSD
This is cable H4 chart, last Monday good chance to sell straight from MR1 and then later from WR1 but price returned to the upside, so reversal or bounce?
At first sight it looked like market could come to support at 1.5280 area but it stopped at .5 Ret level and went back up, so .5 + WPP were able to sustain the fall which indicates that move to 1.5540 D1 Fib level and overbought is possible and R:R is very good for a sell position.
This PA looks like a 3 Bear Drives (we had a few last year) on H4 1.618 Ext + D1 .707 Ret level.
If you have short position from the top stops should be BE and move below the yellow circle will confirm downward move as the H1 chart looks like at least it could fall a bit more, however I will be waiting for confluence to sell, divergence of MACD on D1 is also pronounced.
Attached Image (click to enlarge)
Click to Enlarge Name: Cable H4.png Size: 45 KB
We watch the charts from every angle so you don't have to!!
  • #962,614
  • Feb 21, 2015 5:37am Feb 21, 2015 5:37am
Quoting pedro319
{quote} AUDUSD Forecast hit. Medium to long term view. I am not interested in selling this pair until we break the lows due to harmonic completion 1.618 Weekly chart , I will be looking for setups to buy with small risk and small positions to start with. As you know by now part of my strategy is based on harmonic values on higher timeframes followed by reversal patterns on Daily or even 4 hours chart plus clear MACD Divergence same Tfs which we don't have any yet. Fundamentals are not in line with reversal yet so I will be very cautious and wait...
AUDUSD
W almost completed H4.
I will be looking at 0.7865, .382 Ret D1 + Neckline W, a test of the MPP at 0.7923 + .5 Ret D1 Last swing can't be excluded, ultimately the target for the Double bottom coincides with .786 Ret D1 + MR1 at 0.8125. Rejection of any of these areas by reversal candles H4 or D1 will make me rethink whether I should sell. These levels can be used for profit taking and for scalp short positions.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD H4 W.png Size: 32 KB
We watch the charts from every angle so you don't have to!!
  • #962,615
  • Feb 21, 2015 6:05am Feb 21, 2015 6:05am
Greece Deal Reached

http://www.bloomberg.com/news/articl...h-looms​
  • #962,616
  • Feb 21, 2015 6:59am Feb 21, 2015 6:59am
Quoting Grimace
{quote} Poland lol
????
Enter Signature
  • #962,617
  • Feb 21, 2015 7:39am Feb 21, 2015 7:39am
Quoting Kingofkings
{quote} So, in order for it to consider to be a valid pin bar it has to hit support or resistance level? Could this pin bar consider to be a valid pin bar, a sign of trend reversal because it is near the resistance line? {image}
Here you go, not sure if this answers your question....
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd pinbar 2.jpg Size: 256 KB
  • #962,618
  • Feb 21, 2015 8:13am Feb 21, 2015 8:13am
Forex is not a system I think.

Ore am I wrong.
  • #962,619
  • Feb 21, 2015 8:15am Feb 21, 2015 8:15am
Every time , people were saying that the reversal is coming the down trend is done , eurusd made new fresh lows , I will go with the trend , if any new up trend get starts will loose maybe 2 percent of what i earned from down trend doesen't matter I will stay with trend
  • #962,620
  • Feb 21, 2015 8:15am Feb 21, 2015 8:15am
Quoting 3Davy
Forex is not a system I think. Ore am I wrong.
Everyting is based on systems, even your heart pumping. You need to read what others think..
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