Here is a modified 8 hrs on the USD which now I prefer as compared to the one posted on the doc file..
Plus added a DX index future as well..
9940-43 now resis as compared to 9937 but still 9955 top and imp lvl whereby break here sets USD free for a higher move...
therefore going forward would be expecting 3060-63 holding and a move back higher..
Indices soon to rise as well and FX and comm along with it..
These are just my view and my only bias is to make money.. Apart form dying to see a range break for a bigger moves to come, I at the present can care less if euro goes higher or lower... For all I know this is heading for a 2870 move but till that is happening, I to stick to my guns...
GL...
same view here
i have been bullish for the passed 3-4 months and am expecting a break top side.
we made a few "higher lows" which are really important. by the look of it, we are making the next one which should pay off for the bulls real soon. monthly pivot @ 9,900. stay above it, good buy bears.....
once we break (and stay above) 10,000 on a "monthly", i believe the dollar will break up even harder for the month like the case we had back in 09/2011, then u can really say good buy bears.
love the chats mate......
SIDE NOT: we just hit 1.3 or real close, there could be a small bounce from here but i expect it to break and when it does, we should be shorting the thing like never before.
good luck everyone and happy week filled with tons of pips
O.K. I'm short at 1.3250 and will short again at 1.33 if we reach it. Place 1/2 SL at 1.3350 with remaining 1/2 SL at 1.34. Initial target is 1.2950, then 1.2850.
Charts says it all.............
Stick to the plan....
was lookin for a double century on ma 3254 short, guess im lucky again 285+ pips not greedy just gimme tripple century lol,
lost 30 pips on tryin to hit hedge longs from 3021, now again hedge longs r in from 2963,
was lookin for a 2940 or monthly S2 touch n some bounce back to 3000-15 area,
Just lovin it......
Gudluck all
n Happy Trading.....
~Chaudhry~
Last edited by chaudhry; 05-06-2012 at 07:20 PM.
Reason: typo...
Older I told you about when it would be a good opportunity for shorting EUR. The huge losses of 2 major parties and the great rise of 2 parties that are opposed in the European policy of austerity will be the beginning of change in European politics. The people now forces them all to put water into wine and make arrangements. Otherwise, there are no deadlocks. If they are not able to make the decisions needed by the country, the people will soon get back ...
Final tally:
New Democrats 110 seats (60 for their vote share + 50 first-place bonus)
Pasok 41 (New Dems + Pasok make the 1-vote slim majority that Venizelos says he won't go for without another party agreeing)
Syriza 51 (gives them the second right to make coalition if New Dems fail)
Independents 32 (generally rightist but won't agree with New Dems if they don't modify the euro agreement)
Communists 26 (generally unwilling to enter coalitions with the non-Marxist left but may make exceptions given situation)
Golden Dawn 21 (ouch!)
Democratic Left 19 (Rally, Greens, and Democratic Alliance fell just short)
Dx Daily:
Price is at the major resistance weekly R1 n also the upper t.l of the triangle right at 0.9977 a dip down to pivot then rise is wht i see,
with Stoch pointin Up a break higher n R2 or 10,011 n R3 10,130 is possible.
4hr: Same upper t.l can be seein on 4 hr as well right at 9977, a dip down to R2 or 9954 is possible before any up move,
some bearish div is formin on stoch, once confirmed a dip down to R1 n even pivot can be seen,
as long as 9977 holds stay Short,
The N wave is a structured wave count I developed that gives possible momentum areas and trend direction. This is a one minute chart and I am looking for this wave structure to short.
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