{quote} {quote} MJ and Tah, I think nothing much will happen until FOMC. MMs are collecting liquidity both ways and preparing for a bigger move tomorow.. Considering the prices are high at the moment.....
PVSRA (Price, Volume, S&R Analysis)
{quote} EURUSD I think that in the shorter term, because this is basing at the half Level area, it quite possibly will go bullish: Trend flat and price currently in tight range. The longer range is more difficult - indeterminate for me - but with the Greek soap opera coming nearer to a head, maybe the MMs want to get all the altitude possible before something might go wrong. Getting altitude might not be easy, so a bullish move might not amount to much. Frankly, it is "middle of the road" right now. I am biased bullish only because I see that maybe...
{quote} EU comment: Dear TAH, I do agree if we read it base on H1 TF. But, I have a different story on the bigger picture H4. There is a nice consolidation area (H4 TF Marked - D) above key SR 1.13000 - 1.13500. And i think that area is a very strong resistance. On May 15th, market fell from B to C, and then consolidated in C for a while before the rise. My hypothesis : if this is a reversal from C, I think it need a a fairly strong support with a nice consolidatioan on the lower side below the key SR, and point C as the lows point of the previous...
- #1,464
- Jun 16, 2015 6:33am Jun 16, 2015 6:33am
{quote} EURUSD I think that in the shorter term, because this is basing at the half Level area, it quite possibly will go bullish: Trend flat and price currently in tight range. The longer range is more difficult - indeterminate for me - but with the Greek soap opera coming nearer to a head, maybe the MMs want to get all the altitude possible before something might go wrong..... {image}
Thanks for the comment TAH,It means so much to me, so I could to think objectively with different views for consideration; and not affected with my shorts position which I still hold for now. Thus, I must start to re-plan my exit plan in order to land safely.
My thanks..
-MJ
"Bulls make money, Bears make money, but hogs get slaughtered"
- #1,465
- Jun 16, 2015 6:35am Jun 16, 2015 6:35am
- Joined Aug 2014 | Status: The Fool | 1,635 Posts
EURCAD short:
as per Price that react with the 50 level and 00 level before
as per Price that react with the 50 level and 00 level before
Do it like a Fool
- #1,466
- Jun 16, 2015 6:42am Jun 16, 2015 6:42am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
EURUSD Alert!
Okay, less than one hour now to today's USD high impact release. It might cause a tremor, or maybe a quake,.....or maybe a non-event.
My suggestion is this: If the sun is over the yardarm now where you are, go get a stiff drink. You might need the fortitude.
tah
Okay, less than one hour now to today's USD high impact release. It might cause a tremor, or maybe a quake,.....or maybe a non-event.
My suggestion is this: If the sun is over the yardarm now where you are, go get a stiff drink. You might need the fortitude.
tah
- #1,467
- Jun 16, 2015 6:50am Jun 16, 2015 6:50am
{quote} {quote} MJ and Tah, I think nothing much will happen until FOMC. MMs are collecting liquidity both ways and preparing for a bigger move tomorow.. Considering the prices are high at the moment..... {image}
"Bulls make money, Bears make money, but hogs get slaughtered"
- #1,468
- Jun 16, 2015 6:57am Jun 16, 2015 6:57am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} It could be, but sometimes, before the great momentum such as FOMC, MMS tend to make preparations as warming up to reach certain areas where there is a pile of their order queue; meanwhile, they will also intensify the robbery to create more liquiditis. I think, this week is the week that will be filled with surprises. There are many great momentum (high impact news) that will be used by MMS to rob others, well before it was released, or at the time of release, or after the release. They are sly, they do not like it when we can reap the...
It is highly unlikely (but not impossible) that EUR will be bullish before the end of the month...
PVSRA
{quote} MMs are cca 50 pips bearish, then cca 50 pips bullish (bullish a bit more than bearish, they had to bring the price high for the next bear swing). It is highly unlikely (but not impossible) that EUR will be bullish before the end of the month...
- #1,471
- Jun 16, 2015 7:07am Jun 16, 2015 7:07am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
Happy that my EUR trades were closed before this upcoming US news {image} {image} {image}
We are talking and you are TRADING!
PVSRA
- #1,472
- Jun 16, 2015 7:11am Jun 16, 2015 7:11am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #1,473
- Jun 16, 2015 7:18am Jun 16, 2015 7:18am
- Joined Sep 2013 | Status: OTM AI IntelliWave™ Trader | 1,107 Posts
Better safe then sorry. Decided to tp at daily S1 now before the news. Another averaging down trade bringing in some nice pips.
Trading in the shadow of SM
- #1,474
- Jun 16, 2015 7:18am Jun 16, 2015 7:18am
Better safe then sorry. Decided to tp at daily S1 now before the news. Another averaging down trade bringing in some nice pips. {image}
"Bulls make money, Bears make money, but hogs get slaughtered"
- #1,476
- Jun 16, 2015 7:26am Jun 16, 2015 7:26am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
{quote} iscalp, ET All, Please....... The way we do things here is to help others,....readers now and long into the future. So, when referencing a trade, post a proper chart of it. And if you have closed a trade, post the trade closed chart and include the "go-back" link to the trade open post. Use our Trade Levels indicator on all charts of trades, please. Try to make every post count towards making this thread a good text book for PVSRA and a good learning process for readers. Don't just "say" you did something. Show it with our template! That...
Thank you sir..
You are so kind..