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EURUSD

  • #988,921
  • May 13, 2015 11:37am May 13, 2015 11:37am
Quoting KzX
{quote} Can you guess level extensions..? 1320-1350-1380
350 and bounce, small long for additional few pips, these levels work like a charm
  • #988,922
  • May 13, 2015 11:40am May 13, 2015 11:40am
Quoting deylon
{quote} Ar you sure evening star? {image}
thx deylon ... anyway sl is @ breakeven ... GL
Om Namah Shivaayae
  • #988,923
  • May 13, 2015 11:42am May 13, 2015 11:42am
All I see on the one hour right now is a double top.... the pattern down from the first top to the bottom, mirrors the pattern from the bottom back up to the second top.
  • #988,924
  • May 13, 2015 11:43am May 13, 2015 11:43am
Quoting zapiron
any one thinking in shorting know??
Took a short at 1.1370, looking for it to drop to the 1.132x range.
  • #988,925
  • May 13, 2015 11:43am May 13, 2015 11:43am
Quoting deylon
{quote} Ar you sure evening star? {image}
That is the textbook explanation.. but it is still an evening star since there is a doji which is even better.. the psychology is still the same.. more sellers come in..

....even Peter Sellers would come in from his grave if he would see this pattern.. but of course we need confirmation (a close below 1.1355 on 1H chart would do)

Happy Trades
Focus only on what truly matters!
  • #988,926
  • May 13, 2015 11:49am May 13, 2015 11:49am
Shorted of the third weekly resistance. Lets see how this goes.
  • #988,927
  • May 13, 2015 11:49am May 13, 2015 11:49am
Out, done for today.
Gl all!
  • #988,928
  • May 13, 2015 11:50am May 13, 2015 11:50am
The EUR/USD reaches 1.1382 as the highest and fell after that but still above the 1.1280 resistance level, I think there is a chance for more up trend.
  • #988,929
  • May 13, 2015 11:55am May 13, 2015 11:55am
Quoting deylon
{quote} do you use a cycle identifier to know that we have reached the top?
No, I simply trade PA. Candlestick, bb, ma (no crossovers) and S/R. That's it.
The price will go where it has to go.
  • #988,930
  • May 13, 2015 11:56am May 13, 2015 11:56am
Quoting Abdul2012
The EUR/USD reaches 1.1382 as the highest and fell after that but still above the 1.1280 resistance level, I think there is a chance for more up trend.
Most definitely more room for sure.... if it drops below 1.1280 then could drop further...
  • #988,931
  • May 13, 2015 11:57am May 13, 2015 11:57am
all i see right now is a double top on the EURUSD daily
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MetaTrader - EXNESS.jpg Size: 60 KB
Click to Enlarge Name: FireShot Capture - Double Top Definition I Inve_ - http___www.investopedia.com_terms_d_doubletop.png Size: 69 KB
Whenever i buy the price goes up & whenever i sell the the price goes down!
  • #988,932
  • May 13, 2015 11:58am May 13, 2015 11:58am
More retracement to come in Tokyo.
Intraday only.
  • #988,933
  • May 13, 2015 12:03pm May 13, 2015 12:03pm
Quoting deylon
all i see right now is a double top on the EURUSD daily {image} {image}
Yes. So good time to short for a few pips. Before it breaks it when people will start finding wave, and then maybe it will recede to form a h/s only to be broken again. Who knows where it will go. Think short term in trading and it becomes simpler.
The price will go where it has to go.
  • #988,934
  • May 13, 2015 12:05pm May 13, 2015 12:05pm
Quoting deylon
all i see right now is a double top on the EURUSD daily {image} {image}
It is not a double top before we can see that the CLOSE of today's daily candle is LOWER than CLOSING price of the previous candles..

Happy Trades
Focus only on what truly matters!
  • #988,935
  • May 13, 2015 12:44pm May 13, 2015 12:44pm
Quoting Ata-Turkoglu
{quote} It is not a double top before we can see that the CLOSE of today's daily candle is LOWER than CLOSING price of the previous candles.. Happy Trades
perhaps it goes higher tomorro, so how do we know?
money ain't shit,i'm the shit..
  • #988,936
  • May 13, 2015 12:48pm May 13, 2015 12:48pm
Quoting Ata-Turkoglu
{quote} It is not a double top before we can see that the CLOSE of today's daily candle is LOWER than CLOSING price of the previous candles.. Happy Trades
working on it
  • #988,937
  • May 13, 2015 12:48pm May 13, 2015 12:48pm
Quoting stryjek
{quote} as i said this morning , it will be 160 pips away from your sell position, and here we go . Looks like all best traders up here are being bashed up lately
I don't think a person who has trading bias should be crowned "best traders".
Leading by "Being an example" is hard to find then actual examples.
  • #988,938
  • May 13, 2015 12:49pm May 13, 2015 12:49pm
Quoting deylon
{quote} Ar you sure evening star? {image}
yes it did not breach 1.1400 interesting day ahead
  • #988,939
  • May 13, 2015 12:49pm May 13, 2015 12:49pm
Quoting roadtogo
{quote} perhaps it goes higher tomorro, so how do we know?
Wicks can lie, closes cant.
  • #988,940
  • May 13, 2015 12:53pm May 13, 2015 12:53pm
Quoting Pharm0r
{quote} Wicks can lie, closes cant.
I have not yet been able to develop an observable case verifying the significance of this.
The coincidental success is more dangerous than the expected failure
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