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  • #21,281
  • Apr 8, 2015 4:05am Apr 8, 2015 4:05am
Hi T@rantula , how could i give you a cookie. Cuz not bad, i was thinking GBPUSD going down.
  • #21,282
  • Apr 8, 2015 4:19am Apr 8, 2015 4:19am
I was thinking GBPUSD GOING going down until 1.4761 because of consolidation and then turn around up until somewhere.
Could you tell me what i missing ?
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  • #21,283
  • Apr 8, 2015 5:00am Apr 8, 2015 5:00am
Quoting Arturke
I was thinking GBPUSD GOING going down until 1.4761 because of consolidation and then turn around up until somewhere. Could you tell me what i missing ? {image}
GBPUSD has shown intraday momentum to the upside, as you could read , it was obvious - above 1.4830 and 1.4875. its also the most resilient vs USD strenght. We also need to pay special attention to FOMC 2day , as that will be a probable catalyst for the next move.
  • #21,284
  • Apr 9, 2015 1:09am Apr 9, 2015 1:09am
EURGBP is showing a trend zigzag pattern and we can see that currently we have a chance to retrace upwards as MACD is < 0 but in retracement mode. POC comes at 0.7270-80 zone ( H3, 61.8, trend line , previous swing ) and the price might reject from there. 0.7225 and 0.7200 are targets, due to low ATR. Official bank rate decision (BOE) for GBP will be released today so the pair might get another surge of volatility breaking it eventually to 0.7150 zone.

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  • #21,285
  • Apr 9, 2015 4:35am Apr 9, 2015 4:35am
Quoting T@rantula
EURGBP is showing a trend zigzag pattern and we can see that currently we have a chance to retrace upwards as MACD is < 0 but in retracement mode. POC comes at 0.7270-80 zone ( H3, 61.8, trend line , previous swing ) and the price might reject from there. 0.7225 and 0.7200 are targets, due to low ATR. Official bank rate decision (BOE) for GBP will be released today so the pair might get another surge of volatility breaking it eventually to 0.7150 zone. {image}
Rejecting as planned. Pip value is 14.8 per 1 standard lot.
  • #21,286
  • Apr 9, 2015 10:36am Apr 9, 2015 10:36am
Quoting kalyan
{quote} Possibly a small halt at 0710.
0710 worked more than expected. Now as it is been cleared we are heading to 0590. I may look for longs there.
  • #21,287
  • Apr 10, 2015 2:24am Apr 10, 2015 2:24am
EUR tracking down... Dax tracking up and breaking ATHs!
  • #21,288
  • Apr 10, 2015 2:37am Apr 10, 2015 2:37am
Its Friday , as we all know there will b profit taking. So, i will wait for Monday for new analysis and setups.
  • #21,289
  • Apr 10, 2015 3:19am Apr 10, 2015 3:19am
Quoting PariCovek
EUR tracking down... Dax tracking up and breaking ATHs!
Friday Dont get into unnecessary trades
  • #21,290
  • Apr 10, 2015 3:56am Apr 10, 2015 3:56am
Quoting T@rantula
{quote} Friday Dont get into unnecessary trades
Lost money taking short trades today, considering its a Friday... Long positions all the way with the Dax - stick to that strategy for now.
  • #21,291
  • Apr 13, 2015 12:49am Apr 13, 2015 12:49am
EURUSD has been consolidating in an narrow rectangle on H1 chart since Friday drop and break of 1.0660. The price is showing a strong confluence at 1.0635 region ( H3, 61.8, intra week trend line, previous swing ). The price should reject towards 1.0570 and if 1.0565 is broken then 1.0545 and 1.0500 region. H4 which is 1.0685 should not be broken for the test of new lows.

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  • #21,292
  • Apr 13, 2015 3:46am Apr 13, 2015 3:46am
Quoting T@rantula
EURUSD has been consolidating in an narrow rectangle on H1 chart since Friday drop and break of 1.0660. The price is showing a strong confluence at 1.0635 region ( H3, 61.8, intra week trend line, previous swing ). The price should reject towards 1.0570 and if 1.0565 is broken then 1.0545 and 1.0500 region. H4 which is 1.0685 should not be broken for the test of new lows. {image}
And its going as it should 1.0520 may break soon.
  • #21,293
  • Apr 14, 2015 1:46am Apr 14, 2015 1:46am
thank´s fpr the green pibs as allways
the radio is saying day 20 is the limit for greece to take a posicion becouse they have no money for salaries for nothing .
be careful ; )
Scalping
  • #21,294
  • Apr 14, 2015 4:26am Apr 14, 2015 4:26am
Yes we need to be careful. I am glad u made money!
  • #21,295
  • Apr 14, 2015 6:08am Apr 14, 2015 6:08am
As i said BE careful. This is how STOP GRAB/HUNT looks like. Each close of a sell position is an automatic buy into the market.

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  • #21,296
  • Apr 14, 2015 6:50am Apr 14, 2015 6:50am
Quoting T@rantula
As i said BE careful. This is how STOP GRAB/HUNT looks like. Each close of a sell position is an automatic buy into the market. {image} {image} {image}
the big guy algorithm so intelligent?
  • #21,297
  • Apr 14, 2015 7:25am Apr 14, 2015 7:25am
Quoting bolehbah69
{quote} the big guy algorithm so intelligent?
It will correct. But still it will provide us with clear levels where to base our trades on.
  • #21,298
  • Apr 15, 2015 12:48am Apr 15, 2015 12:48am
NZDJPY is showing a form of ascending scallop pattern and it is getting close to the region it might reject ( around 89.70 ). If it rejects we could see so called "handle" formed that will lead to anoher leg of buying towards 90.30 and 90.75. Ascending scallop handle should have a confluence at 89.70 region with DPP, 50.0 and previous breakout point. If the pair stays above 89.50 handle will be confirmed else the pair might break out to the downside.

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  • #21,299
  • Apr 15, 2015 6:41am Apr 15, 2015 6:41am
Quoting T@rantula
NZDJPY is showing a form of ascending scallop pattern and it is getting close to the region it might reject ( around 89.70 ). If it rejects we could see so called "handle" formed that will lead to anoher leg of buying towards 90.30 and 90.75. Ascending scallop handle should have a confluence at 89.70 region with DPP, 50.0 and previous breakout point. If the pair stays above 89.50 handle will be confirmed else the pair might break out to the downside. {image}
Depending on the entry +30 to +50 now
  • #21,300
  • Apr 15, 2015 11:16am Apr 15, 2015 11:16am
Targets have been met. Ascending scallop successful.
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