Here is the org 8 hrs I did some time back.. Blue break so far is in fill effect and if so seems to continue to 2740-44 for today / tomorrow presuming we are heading lower to 2810..
If we break 2807-10 clean expecting next resting spot at 2784 and finally a break lower to 2780 clean for a move to 2744-46 and expecting a decent bounce off there...
USD i have to redo it on the 8 hrs and finding 2 aspect..
1.. Spotting an ascending triangle which given the time span of the candle makes USD very bullish on a break higher else we are at around the resis of this USD rally...
2.. Spotting an ascending wedge and a break higher of the first scenario means we are automatically heading higher for a move rt around 10100 lvl..
Combining this 2 however, we can make an assumption that the ascending triangle breaking higher is combined with the rejection of the ascending wedge break earlier on the USD and a move back up and finding footing within means that this intends to break higher of the ascending wedge as well or to go well beyond 10100 mark..
In short we either to fall from here at the earliest or we heading to around 10094-98 from here onwards...
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
The Euro may have found a temporary bottom at 1.2800-15. I'm sure there are option-related barriers nearby to hold prices for now. I'm looking for a true corrective bounce towards 1.3300 for the next couple of sessions or weeks. However, I would not be surprised to see the Euro pivot back around 1.3600 for month-end business flows. The 1.3600 zone is inline with the May and August 2011 highs, respectively. Remember, most U.S. companies have much of their revenues overseas, and depend on a depreciated dollar to inflate profits, and push their respective stock prices higher. If prices fall towards the strong support around 1.2620-25, I'd look for a double bottom there. Long-term trend remains bearish, so be patient.
i see a test back up to the weekly pivot (1.2966 area) found supp on the monthly S3.
usd: a move back down to 9985 is possible.....
GL
Perhaps chart later but 2907 is the key lvl im eying prior to NA session.. Once NA is in than 2897.....
6139-41 but most likely 6152 on GU
What I need is to find a setup on DJ to get back into
Biggest blunder of the day......... nicked a 1548.3 longs on gold and plenty of them.. just bailed the last one at 1558.1 and thought I couold re enter the dip.. and now having my doubts.. chk the setup on gold i did on the gold forum.. if the bugger proceeds to 1608 as im expecting i be pissed as hell and would surely be breaking few plates out........... Oh... wait.. that's my wife's fav past time .. Last I saw she was yelling at me while I was not even in the room and I heard a plate getting smashed at the wall.......... She was merely practicing at my picture over the wall...... I think she was correcting her aim...... Nah........... I'm just joking cuz I hit a nice one on gold for a 100 pipoer almsot and euro longs off the base are treating me well.. offcourse cashed some out as usual....
Seriously guys, I was joking about my wife.... that happened only once and no them stitches are not cuz of that incident... lol ...
I'm happy cuz I made more in first 2 hrs today then I made in last 2 days............. I think im done for the day... unless offcourse I wanna get back on slow gains on the past 2 days..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Perhaps chart later but 2907 is the key lvl im eying prior to NA session.. Once NA is in than 2897.....
6139-41 but most likely 6152 on GU
What I need is to find a setup on DJ to get back into
Biggest blunder of the day......... nicked a 1548.3 longs on gold and plenty of them.. just bailed the last one at 1558.1 and thought I couold re enter the dip.. and now having my doubts.. chk the setup on gold i did on the gold forum.. if the bugger proceeds to 1608 as im expecting i be pissed as hell and would surely be breaking few plates out........... Oh... wait.. that's my wife's fav past time .. Last I saw she was yelling at me while I was not even in the room and I heard a plate getting smashed at the wall.......... She was merely practicing at my picture over the wall...... I think she was correcting her aim...... Nah........... I'm just joking cuz I hit a nice one on gold for a 100 pipoer almsot and euro longs off the base are treating me well.. offcourse cashed some out as usual....
Seriously guys, I was joking about my wife.... that happened only once and no them stitches are not cuz of that incident... lol ...
I'm happy cuz I made more in first 2 hrs today then I made in last 2 days............. I think im done for the day... unless offcourse I wanna get back on slow gains on the past 2 days..
GL...
lol good for you man, hope u got no more plates smashed lol. i have shorter term resis at 1.2885 & 1.29. we break those, and 1.2960/1.30 is possible......
gold still going up, seems like its making a 5 wave move on 5 min. 1565.00 and above is likely............ some poss diverg forming. any pull backs are good for shorts mom is still down, trend is still down, and save haven everyone is running too which does not include gold rather then USD green worthless papers that everyone runs too.
GL.......
...
I'm happy cuz I made more in first 2 hrs today then I made in last 2 days............. I think im done for the day... unless offcourse I wanna get back on slow gains on the past 2 days..
GL...
There's no better setup than oversold markets and good German data. Same here, better results this morning than the whole week. I bought DAX and Euro and I'll just TPs soon and that's it for the day. Euro - R1 is my target.
lol good for you man, hope u got no more plates smashed lol. i have shorter term resis at 1.2885 & 1.29. we break those, and 1.2960/1.30 is possible......
gold still going up, seems like its making a 5 wave move on 5 min. 1565.00 and above is likely............
GL.......
I'm trying to talk her out on disposal plates and glasses...
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Gotta love this one..............
Every Breath You Take ............ Well a Parody................... But everything to do with what we do...
Columbia Business School's Dean Glenn Hubbard sings about wanting Alan Greenspan's job that went instead to New Fed Chair Ben Bernanke.
Parody created by Columbia Business School students.
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Originally Posted by banison 
lol. i have shorter term resis at 1.2885 & 1.29. we break those, and 1.2960/1.30 is possible...... 
