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  • #1,091,981
  • Feb 17, 2017 6:08am Feb 17, 2017 6:08am
H4 Chart Update..

Price might go towards 1.0690 and 1.0770 if RED and BLUE trendlines would give up.. (Seems difficult with low vola of Friday..)

Or, it might go back down to retest 1.0620 and then maybe even lower to retest 1.0550 area where another RED trendline probably will reverse the potential bearish move.. this scenario sounds more achievable to me for today but again low vola makes everything boring.. trapped inside a wedge right now..

Stay Green
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #1,091,982
  • Feb 17, 2017 6:14am Feb 17, 2017 6:14am
Quoting Don96
Soaking up of orders here... reloading taking place - im looking for a break down below 1.0640 for weekly close into 1.060x
Or not - seems like daily on dollar and EU chart has loads of pressure for weaker dollar - the candle close yesterdsy and day before was strong bull
  • #1,091,983
  • Edited 6:34am Feb 17, 2017 6:20am | Edited 6:34am
Quoting Teek
OH I GOT IT! I know what it does! It's an elefant pattern {image}
It looks like EU need a "fat finger" to start the PA, mate
...it's about time when the first US yanks seem to log on and move the things out
...whach out stepping in the Slaughering House, yanks!
Member
  • #1,091,984
  • Feb 17, 2017 6:26am Feb 17, 2017 6:26am
Looks like a long signal could fire on my systems.. but has not yet. Probably will fire in the next 3 hours.

Happy because I was short yesterday and at one point drawn down by close to 12%, but I held the short signal last night and now I lost 0%. Seems like a victory, I will take it when I have a bad series and lose 0%.
  • #1,091,985
  • Feb 17, 2017 6:28am Feb 17, 2017 6:28am
Scalping at 1.0643
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  • #1,091,986
  • Feb 17, 2017 6:34am Feb 17, 2017 6:34am
Quoting TudorIoan
{quote} It looks like EU need a "fat finger" to start the PA, mate ...it's about time when the first US yanks seem to log on and move the things out ...whach out stepping in the Slaughering House, yanks!
According to the revolutionary elefant pattern, the little movement above the 1.065 is what elefent experts call a "bending upward trumpet roar".
In other words: fail! US boys be like "oh shit it's an elefant! And Trump farts to the left this morning!" And that causes some noise.
Best trade: invest in a good meal, maybe an icecream. It's friday.
And that's the elefant, folks
you are not expected to understand this
  • #1,091,987
  • Feb 17, 2017 6:42am Feb 17, 2017 6:42am
Quoting Teek
{quote} According to the revolutionary elefant pattern, the little movement above the 1.065 is what elefent experts call a "bending upward trumpet roar". In other words: fail! US boys be like "oh shit it's an elefant! And Trump farts to the left this morning!" And that causes some noise. Best trade: invest in a good meal, ..........maybe an icecream?????. It's friday. And that's the elefant, folks
I'll invest in ...Jack (have anyone seen my glass for Mr. Daniels proper treat?)
Member
  • #1,091,988
  • Feb 17, 2017 6:51am Feb 17, 2017 6:51am
Quoting TudorIoan
Guys, it looks like 1.0641 it's a strong support ! Confluence: - as 23.6% from the last 2 days momentum - as 38.2% from 2017 bullish momentum {image}
Guys - if you still pulling hard to make your buck today - I'm so sorry being such a calamity howler today.
I wish my prediction was wrong........but... don't hate me, it's not my fault

Quoting Teek
{quote} Yes! Godzilla pattern on the USDJPY all the time
Quoting FlowCycler
{quote} lol.. didnt know elephant pattern exists. Do we also have godzilla pattern?
Add Slaughterhouse pattern
Member
  • #1,091,989
  • Feb 17, 2017 6:59am Feb 17, 2017 6:59am
Quoting TudorIoan
{quote} Guys - if you still pulling hard to make your buck today - I'm so sorry being such a calamity howler today. I wish my prediction was wrong........but... don't hate me, it's not my fault
Same
Sorry for joking around.
I myself am on a loss this week.
But I hope my adventures into the wild (elefant patterns) made you smile.
A good laugh is more important than anything else, and an honest smile can make anyones day.
I wish you a happy weekend, green pips as always, and I call it a week.
Stay cool, always
you are not expected to understand this
  • #1,091,990
  • Feb 17, 2017 7:03am Feb 17, 2017 7:03am
Let's see what happens @1.0618
means: first a little bit down
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  • #1,091,991
  • Feb 17, 2017 7:06am Feb 17, 2017 7:06am
Shorted out of boredom, first short in 2017 I think. Would take it out even at arrow (1.0580). X is where I wait to long.
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  • #1,091,992
  • Feb 17, 2017 7:08am Feb 17, 2017 7:08am
Quoting Teek
{quote} Yes! Godzilla pattern on the USDJPY all the time
Interesting....!
Follow the Flow and Grow
  • #1,091,993
  • Feb 17, 2017 7:09am Feb 17, 2017 7:09am
its starting to get really boring bulls and bears one of them must let go now.
100% KENYAN.
  • #1,091,994
  • Feb 17, 2017 7:10am Feb 17, 2017 7:10am
dears kindly advise you expect eur will back
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  • #1,091,995
  • Feb 17, 2017 7:10am Feb 17, 2017 7:10am
Quoting Teek
{quote} Yes! Godzilla pattern on the USDJPY all the time
Interesting...!
Follow the Flow and Grow
  • #1,091,996
  • Feb 17, 2017 7:12am Feb 17, 2017 7:12am
Quoting ihaggag
dears kindly advise you expect eur will back {image}
Possible.

Quoting Isabella_D
Let's see what happens @1.0618 means: first a little bit down {image}
@1.0618 it's about 38.2% from the last 2 days bullish momentum, yes, a reasonable support.

But 1.0641 was a joint of 23.6% the current bullish retr. with the year's bullish retracement 38.2% ...miouuu!
Member
  • #1,091,997
  • Feb 17, 2017 7:19am Feb 17, 2017 7:19am
Draw a TL from the low of the day to the point we are at now along the ascending bottom of this wedge... I wonder if it will hold or not
  • #1,091,998
  • Feb 17, 2017 7:21am Feb 17, 2017 7:21am
Quoting sakisf
Shorted out of boredom, first short in 2017 I think. Would take it out even at arrow (1.0580). X is where I wait to long. {image} {image}
Hey m8! If you are bored, you know enough to stay out of trading. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #1,091,999
  • Feb 17, 2017 7:22am Feb 17, 2017 7:22am
Quoting Don96
Draw a TL from the low of the day to the point we are at now along the ascending bottom of this wedge... I wonder if it will hold or not
It bounced right of TL - that m5 candle is not good good friend a break south... it'll break in either direction - it's tried both ways so far
  • #1,092,000
  • Feb 17, 2017 7:23am Feb 17, 2017 7:23am
I like the retracement to 1.0620-ish this morning - a bit of Friday profit taking - but patiently waiting for that 08:00-09:00 EST hourly to print below the 233 at 1.0650 for a fifth consecutive hour is the plan.
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