Forum - EUR (Topic)

cat0nip

Frankfurt, Germany

Posts: 1632

13 years ago

Jun 17, 2011 6:10

FDIC warns Ezone banks hold too many PIGS sov debt are undercapitalized and boom! the bullish hammer is hammered. Hehe. And boom he target USDx 76.5 is reached again.
How does this all work without 175 year DMA tunnel ...funnel... fib retracements? Must be magick. Or hit rate of technical analysis is at most as good as flipping coin.

jacek

Melbourne, Australia

Posts: 2579

13 years ago

Jun 17, 2011 5:47

maybe 4h to long to wait for 1h looks rather precarious..

jacek

Melbourne, Australia

Posts: 2579

13 years ago

Jun 17, 2011 5:42

ok.. so it looks like market trying to shake out weak longs here.. be or not to be?.. heres a dilemma of flexible stops.. perhaps will wait for next 4h candle to tell.. hard stop just below asian low/support at 4130

chloethebull

halifax, Canada

Posts: 1183

13 years ago

Jun 17, 2011 3:47

lol do u mean cause im only using s/r levels?im trying to figure out the symetry and when to apply the expansion tool as well as the cci indicator but will take time i guess to pull it all together..im just happy to see somthing working instead of losss lol..thanks gl:)

subway90

Posts: 1078

13 years ago

Jun 17, 2011 3:30

nice... one liner... maybe you could've added some more lines....

chloethebull

halifax, Canada

Posts: 1183

13 years ago

Jun 17, 2011 3:27

thanks subzz:)..ya i only had 14110=78.6 as solid support but i see otheres had 14075-80 are..im trying to figure out how to balance all the fib levels on all the charts lol..soo many lines being drawn im going stir crazy lol all i see is over laping fib levels:) looking for key levels to trade off lol..thats my main system now is look for overlappin higher fib levels 78.6-127.2 once i get thos levels overlapping i know theres a good chance thats its going to hold..plus i look at the data and try to apply value to it.and lately the eur news is the same old same deffin not strong enought to push us lower through 14100 or to get us above 14720 both are my 78.6% fibs.cant wait for dave to get back need to ask him about symetry+triggers:)..over all i see eur moving higher prob making a new high fed steps in with qe3,greek ges bailout,ecb raises rates=eur taking out 14720 then moving onto 15180=127.2 just my 2cents :) ok thanks gl:)

chloethebull

halifax, Canada

Posts: 1183

13 years ago

Jun 17, 2011 3:26

thanks subzz:)..ya i only had 14110=78.6 as solid support but i see otheres had 14075-80 are..im trying to figure out how to balance all the fib levels on all the charts lol..soo many lines being drawn im going stir crazy lol all i see is over laping fib levels:) looking for key levels to trade off lol..thats my main system now is look for overlappin higher fib levels 78.6-127.2 once i get thos levels overlapping i know theres a good chance thats its going to hold..plus i look at the data and try to apply value to it.and lately the eur news is the same old same deffin not strong enought to push us lower through 14100 or to get us above 14720 both are my 78.6% fibs.cant wait for dave to get back need to ask him about symetry+triggers:)..over all i see eur moving higher prob making a new high fed steps in with qe3,greek ges bailout,ecb raises rates=eur taking out 14720 then moving onto 15180=127.2 just my 2cents :) ok thanks gl:)

digi

toro, Canada

Posts: 1040

13 years ago

Jun 17, 2011 3:18

http://www.global-view.com/forums/chart.php?f=1&id=905160

how do u like my swissy chart KitKat?

subway90

Posts: 1078

13 years ago

Jun 17, 2011 2:57

digi...

now you're looking at the bigger picture.... need a weekly close below that important line(running thru 4120/30 area now)... then we see 39xx then more likely 37xx...

even on shorter time frame now 4130/40 now acting as important support...

digi

toro, Canada

Posts: 1040

13 years ago

Jun 17, 2011 2:33

http://www.efixpuls.pl/cotton2/dokumenty/analizy/tygodniowe/efixRT1_20110612.sxw-PIC-1000000000000582000002E0C15FC0AA.png