EU WP will be retested for sure, we might go down after that, but still room on upside is available.

The WoRmHoLe

Dario I'm already long, currently any more upside this month on dollar is not sustainable, monthly range is out already, R:R shifted to the upside on majors, I was short from asian open on sunday and looking for more downside, however right now I ...

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Three inside up on EJ H4 its not ideal but its OK in my book. image

The WoRmHoLe

USDX is going down apparently, the deal here is that monthly range is out already and we got a week to go still. WP is next up on USDX. Im flipping over on majors now. GU, EU, EJ, GJ are going higher now.

The WoRmHoLe

does anyone else feel we are about to spike up on GU? like 6206 (WP).

The WoRmHoLe

USDX H4 chart dispatch. That does look like USDX hit the upper band of downwards sloping channel and PA is getting rejected. Azim would be great if you share your opinion on USDX, thanks! image

The WoRmHoLe

GJ PA looks very weak at current levels and prepping to accelerate downwards, very weak zone 130.80-131.20, currently trading below MP & WP, however need to keep in mind that 130.44 is quarterly pivot, so will offer some resistance. Quarterly S1 is ...

The WoRmHoLe

Charles a question for you there if you don't mind, when does the earnings season end for UK companies? Same as EU?

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Man Dario so you are saying you can still handle the bunga bunga party Silvio-style?

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7th hour reversal on EU anyone?

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EURX PB on D1 @ 786 bankers level still not sure if that's enough for any decent correction, EURX price action slided down with a serious gap after the weekend. here's the chart, the channel acted as good support in the past image

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Man that's the wrong attitude right there! I'd recommend you drop that thinking. Focus on making profits even small-time, rather than losses, slowly build up and you will make your way to the top in no time, however if you focus on losses that's ...

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image Here's the H4 footsie chart, not a direct corr with GU, however does tend to guide the PA on GU as well, obviously below MP and midpivot, so will likely arrive @ MS2 and MS3. MS3 @ 5672 looks as a nice near-term target and will act as ...

The WoRmHoLe

Hey man Dario, yeah that was a nice feat, but Silvio is cool too, at least not gay :lol: http://www.youtube.com/embed/E4vdY-F20uk

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sailor, here's one more tip, which kinda helps me with the GJ, it's the three inside down three inside up on HTF, works very well lately especially combined with natural PPZ. I'd look for them on H1-H4 and D1

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silver looks like an upside break might be an option, could have some effect on GU, however LTF and previously price came from the above, so not sure if that can be counted as a valid bullish flag there. here it is anyway. image

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star, 5960 is quarterly pivot for the 2nd quarter, that's serving as a magnet on GU, I posted that chart a while back, so I'd say before any further upside/downside decision is made we will test the QP fairly soon. image

The WoRmHoLe

I generally don't waste time reading mainstream news, however this deal @ bloomberg is a good summary of what's been up on FX markets lately and some outlook for the near term, check it out! ...

High velocity trading

next stop @ 5940-5960?

The WoRmHoLe

Azim, I think more like this one here: image

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