EUR/USD (GENERAL)

This is a 15 min EU chart showing an ABC long pattern where the target when/if reached resides at 1.4270

PipChick wrote:This is a 15 min EU chart showing an ABC long pattern where the target when/if reached resides at 1.4270

Yes, your target is in line with my Monthly trend line.

The H1 has now formed an abc with bullish hidden divergence. This suggests an upmove but it can be a little tricky with it being the eve before NFP

good analisis .........congrats kate on your new forum........this gift is for you........

Hey everyone, its good to see some great traders here from FF. As most of you may know, I rarely visit the factory anymore, largely due to hackers that roam there and the dreaded trolls. I do plan on posting here frequently and I hope we can get a positive forum going with participation from a good number of traders .


My take on the market right now is that tonight's London session will probably be primarily backing and filling with tomorrow morning NFP report. Dollar is still in a very bearish trend right now until it isn't, so given that I prefer selling dollar rallies. Mentionable levels on Eur/Usd include strong hourly support just above 4100-4120 and below that 4050,4043(mnth pivot,21 DMA). My strategy for the London session will be long attempts near 4100 with 25-30 pip stop. Initial target 2:1.

mfoste1 wrote:Hey everyone, its good to see some great traders here from FF. As most of you may know, I rarely visit the factory anymore, largely due to hackers that roam there and the dreaded trolls. I do plan on posting here frequently and I hope we can get a positive forum going with participation from a good number of traders .


My take on the market right now is that tonight's London session will probably be primarily backing and filling with tomorrow morning NFP report. Dollar is still in a very bearish trend right now until it isn't, so given that I prefer selling dollar rallies. Mentionable levels on Eur/Usd include strong hourly support just above 4100-4120 and below that 4050,4043(mnth pivot,21 DMA). My strategy for the London session will be long attempts near 4100 with 25-30 pip stop. Initial target 2:1.

welcome mfoste1 and thanks for coming to this forum, is going to be great having you man, and invite your friends that you know are going to make a nice contribution to our never ending learning curve......welcome again.....and god bless you man, nice to see you again in deed........my take on the e/u is long also.........buying deeps under 4100.........

nice chart mfoste1...........

Glad to see you here. Hope the experience is a much better experience the the other place! On EU. I see this possible H and S forming on the 1 hour. I am buying all dips down to 4030 and selling all rallies up to 4250.

Hello PC, hello friends,I am glad to got the invitation for this nice place here.

Wish you all a lot of green pips. Be careful today.

Have a huge workload today in my day-job. Hope I am able to contribute later.


Have a good day,

Markus

infinitus wrote:Hello PC, hello friends,I am glad to got the invitation for this nice place here.

Wish you all a lot of green pips. Be careful today.

Have a huge workload today in my day-job. Hope I am able to contribute later.


Have a good day,

Markus

infinitus thanks for coming.........welcome, like tony say, hope the expirience here is a great one........green pips to you too my friend........

tonyo524 wrote:Glad to see you here. Hope the experience is a much better experience the the other place! On EU. I see this possible H and S forming on the 1 hour. I am buying all dips down to 4030 and selling all rallies up to 4250.

nice chart tony, following you every step of the way.......

Greetings to all, old and new. Pip Chick, good luck with the new site. Hope I might be able to contribute in some capacity, PTL.

PayTheLimit wrote:Greetings to all, old and new. Pip Chick, good luck with the new site. Hope I might be able to contribute in some capacity, PTL.

welcome PayTheLimit, I'm sure your contribution will allow us to learn a bit more, I had being a follower of your posts in the e/u tread even tho I had to leave for obvius reasons, so welcome my friend and green pips to you..........

PayTheLimit wrote:Greetings to all, old and new. Pip Chick, good luck with the new site. Hope I might be able to contribute in some capacity, PTL.

No, you won't You're a confirmed clown.

Hey ladies and gentlemen, let's rock this place.

And... don't ask, I have a legal invitation.

Cheers, Hatch-

If it wasn't for NFP, I would be looking to take a long at 4135-40. Chart to follow.....



There is also bullish HD, which would support a long from support.

Mr Hatch wrote:

PayTheLimit wrote:Greetings to all, old and new. Pip Chick, good luck with the new site. Hope I might be able to contribute in some capacity, PTL.

No, you won't You're a confirmed clown.

Hey ladies and gentlemen, let's rock this place.

And... don't ask, I have a legal invitation.

Cheers, Hatch-

Well I am not going to vouch for you, thats for damn sure, lol. What up bud, all well I hope. I am nursing a major hangover. I think that it will take at least till monday to get over it. Well I'm 40 now, time to quit the clowning around.

What a pity...

Nothing as of yet... just woke up. Levels to take care of for today.

PayTheLimit wrote:

Mr Hatch wrote:

PayTheLimit wrote:Greetings to all, old and new. Pip Chick, good luck with the new site. Hope I might be able to contribute in some capacity, PTL.

No, you won't You're a confirmed clown.

Hey ladies and gentlemen, let's rock this place.

And... don't ask, I have a legal invitation.

Cheers, Hatch-

Well I am not going to vouch for you, thats for damn sure, lol. What up bud, all well I hope. I am nursing a major hangover. I think that it will take at least till monday to get over it. Well I'm 40 now, time to quit the clowning around.

Still frankie?

Yes, they're setting the path for the day. I just eliminated the non-fib numbers, as they are not relevant.

btw: 4141 is target + slip, bounce and so on. got that since yesterday, takes an awesome amount of time to crawl...

I went short @ 56. Just a scalp. Looking for 37-40 before taking a long.

Mr Hatch wrote:Yes, they're setting the path for the day. I just eliminated the non-fib numbers, as they are not relevant.

btw: 4141 is target + slip, bounce and so on. got that since yesterday, takes an awesome amount of time to crawl...

which non fibs did you eliminate?

PayTheLimit wrote:

Mr Hatch wrote:Yes, they're setting the path for the day. I just eliminated the non-fib numbers, as they are not relevant.

btw: 4141 is target + slip, bounce and so on. got that since yesterday, takes an awesome amount of time to crawl...

which non fibs did you eliminate?

4,6,7,9... and I'm measuring on M1... much better than m5.

Right. You had mentioned that a while back. Makes sense too now that I think about it. I mean it should be harder to reach say level 5 and 8, than levels 1,2,3. Do you find the outer levels to be any more significant?

PayTheLimit wrote:Right. You had mentioned that a while back. Makes sense too now that I think about it. I mean it should be harder to reach say level 5 and 8, than levels 1,2,3. Do you find the outer levels to be any more significant?

no, not really. they're more or less defining daily range, if price moves in one direction only. they're rarely exceeded.

red chart...new can of worms, lol