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traderathome replied Oct 23, 2008Don't you mean...."1.2815" and "....here comes 1.2920 () for this last move low to high"....??????
EURUSD
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traderathome replied Oct 23, 2008All I am saying is this.....once again the Asian session institutional traders have slammed it down and loaded up so they could benefit by the following upswing into the Euro and US sessions. This has been ranging. It is a 300 pip range now. A bull ...
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — The extension study on the 30min chart, which was posted hours ago, pegged this last low to the very pip! Anyway, for something more constructive... It appears the Asian session takedown is complete with the low of 1.2757 ...
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — There, the Asian session traders did it! I thought the takedown would be to around 1.2792, but they went down to 1.2761. The last 60 pips or so was a time of consistently over average relative volume, having me think they ...
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — Here is how I see it....just my hypothesis. At this point, the Asian session traders are taking it down 100 pips from the last high, to the 1.2794 area. Here we will see heavy volume come in as they take on long positions ...
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — The last high was 1.2894 and the price is coming down. If it makes it to the half number and reverses, I say we are in bull mode. But, if it does not reverse, then I say they are taking down 100 pips to the 1.2794 ...
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — If they can manage another trip down to the half number (1.2850 area) then I should not be surprised if we get a bullish run. And it could be significant one in the remainder of this week's final session. But if it ...
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — The long term trend is down. So why are we talking possible long trades? It is because hard runs frequently result in nice pullbacks. And so far, all we have is a sideways consolidation.....currently defined as a range ...
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — See attached 1hr chart for some fib extensions.....possible targets. Asian session traders will either join in on the upside, or slam it back down. My contention is that if the Big Money Boys have it in mind to manipulate ...
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — Attached 30min chart shows breakout strengthening.....
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — The current 4hr chart shows pinch forming up on inner Bollinger band....current candle white, but below the basis line = indeterminant direction. But the high relative volume spikes (yellow) indicate big trading interest ...
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — At this point my hypothesis is that the Asian session institutional traders will give us a clue as to what the "Big Boys" have in mind for this currency pair. For the previous two sessions, the Asian traders slammed it ...
EURUSD
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traderathome replied Oct 23, 2008HOD = 1.2891, LOD = 1.2728, MidRange = 1.2809. If they take it down, break it below 1.2800, I think 1.2790-1.2795 is too high for a bottom after the effort.
EURUSD
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traderathome replied Oct 23, 2008If so, then maybe they are going to once again take it down to the bottom of the range....LOD being 1.2728
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — In those charts you see a blue standard Bollinger band (period 20, deviation 20) and a green inner Bollinger band (period 10, deviation 1.5). The fibonacci extension was measured across the pinch of the green Bollinger ...
EURUSD
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traderathome replied Oct 23, 2008Bollinger Breakout — The attached 4hr. chart shows pinching in-process on inner Bollinger band, which will require some more timeframes to complete and show a breakout. Note the run down resulted in nice candle base at the 838% extension ...
EURUSD
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traderathome replied Oct 22, 2008The yen pairs all look like they are trying to catch up to the EuroDollar takedown, in which the Asian session quickly dropped it, then let it up, then took it back down. The lazy yen pairs woke up and finally went down too....
EURUSD
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traderathome replied Oct 22, 2008Bollinger Breakout — This 15 minute chart has the breakout targets for the Asian session range. Note the MACD is poised for a cross down.....
EURUSD
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traderathome replied Oct 22, 2008In day trading it is the best to trade what you see and don’t worry about all the other stuff, faking news included -Cobraforex Truer words were never said.
EURUSD
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traderathome replied Oct 22, 2008The day I have evolved from survivor to trader I am now a bull with sharp horns and equally sharp bear teeth - psiholog Sounds like you are trying to "straddle".....just a pun. I realize, as should all, that there are many battles in forex. In each, ...
EURUSD