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z3r0 replied Oct 27, 2010On oanda charts where the candles have slightly different timings, the trendline seems to be getting respected nicely. I'm still holding that long.
AUD/USD
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z3r0 replied Oct 26, 2010Just placed a long with a tight stop. Even with the bad news there is a possibility this can go up to 98.50
AUD/USD
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z3r0 replied Oct 26, 2010Taking in account the H4 analysis, we could be facing a bull scenario but when we analyse the H1 chart we can see a symmetrical triangle. We also have a descending channel that's being held and the sell-out area mentioned earlier worked out ...
EUR/JPY Anytime!
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z3r0 replied Oct 25, 2010The reason why I thought about 60 hours is because I would expect the price to accelerate more upon breaking that 23.6% fib line @ around 111.88 to 112.00 Moreover on the H4 chart is clear it is reversing at a slower pace and IF it does break for ...
EUR/JPY Anytime!
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z3r0 replied Oct 24, 2010this is how im looking at this pair. H1 & H4 charts, I'll be placing a short right now with a stop @ 114.20. I think that this pair might drop around 400 pips in a period of about 60 hours. I'm looking at an initial target slightly lower of the 50% ...
EUR/JPY Anytime!
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z3r0 replied Oct 20, 2010the rising wedge was held. Its quite possible the downward move will have to wait a little more. 1.36 is a nice short-term target option for now. Beljevina the problem is that the momentum didn't follow the bear signal we've had on this chart.
EUR/CHF
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z3r0 replied Oct 19, 2010Are we forming a rising wedge before falling down? Seems like it's an option.
EUR/CHF
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z3r0 replied Oct 13, 2010I see where you get your idea from. However trading with COT doesn't necessarily mean that the price wont be doing any corrections. Based on the COT figures you posted, should we expect the price on EU to keep on skyrocketing to 1.45 without falling ...
EUR/CHF
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z3r0 replied Oct 13, 2010I decided to upload the weekly view of the indexes as well.. so you say that latest bottom from the euro is the reversal point? I'm still completely not convinced... Could you post your chart with the new leg up?
EUR/CHF
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z3r0 replied Oct 13, 2010chill out.. we're still in belt trading. this spike was very predictable and expected. EMA 50 and Ichimoku backs up this move. This pair is still biased to the downside. Let's wait and see how it keeps performing. I have my stop loss at 1.3525
EUR/CHF
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z3r0 replied Oct 12, 2010Well. I have as a conservative target near the previous low @ 1.28 at which point I will monitor price action to see if it can make it to 1.256 where AB=CD
EUR/CHF
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z3r0 replied Oct 12, 2010look up Gold... There's your answer!
Aftermath: CHF has a direct correlation with goldUSD/CHF
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z3r0 replied Oct 8, 2010basically treating a trend, or 2 highs/2lows as a vector force and add the vectors to find the resulting "forces/vectors" that would be used as top/bottom finder or entry points. Here's on wikipedia how to add vectors. But let's keep to the topic on ...
USD/JPY Discussion