excellent... thanks for the link! amazing 1.27 didn't break for that reason... dang! happy new year! even more amazing... last week the london spike up to 1.3894... did anyone spot this? it hit and turned 47pip target of T103... precisely spiked ...

Are support and resistance levels predetermined?

hollowhead... to your knowledge - when we spoke about multiplying T103 to 103 pip range, 1030 pip range, 10300 etc etc... do the targets and break levels also multiply respectively? for example... T103 has a 47 pip target on break and a 7 pip break ...

Are support and resistance levels predetermined?

agree.. best system ever... Thanks Bobi not just for templates but showing another perspective of how markets work...

Are support and resistance levels predetermined?

last one for the year

Spider's Den

all the best for 2014 everyone... i hope we all make lots of pips great thread Markus... keep it alive for sure

The Club!

levels will change next week.... are you thinking it still will shoot up? template 3 on EU worked at 1.3860... but we've gone higher for sure... so 1.3975 is likely....

Are support and resistance levels predetermined?

ya but 3832 was never the top... i said that when it was hit... i am interested in seeing this EJ pair... its gone mad too... 1.3975 is what i am looking for... possibly might happen by next week...

The Club!

sure it can go to 1.3936 and even higher... question is why would it climb this high at year end... over tokyo! - and not want to make new highs?

The Club!

longing should have been at 3680... stops at BE as we shouldn't break it to maintain an upside move... or long now with small position and SL... I am not trading as i have widthdrawn my account for xmas holidays... but charts say upwards and looking ...

Spider's Den

Hi Magnat... which broker is that chart from? trading view has no such thing... along with netdania.. nor my broker IG or FXCM... 3716 which happened on the 23rd... thanks

Are support and resistance levels predetermined?

no high at 3723 in the last 48hrs? 3703 is what i have a a high...

Are support and resistance levels predetermined?

You know its actually really unfortunate I got introduced to trading.. its a major addiction and I can't get rid of it... truth be told, I don't need it... I am extremely busy in my day job.. which is my career - and my preferred choice in life but ...

Spider's Den

ya no trading... I have withdrawn my account as of today and will spend it on other things over xmas... I don't know when I will resume trading - I am leaving the country again for a 3 month project early Jan... willl keep an eye out for any ...

Spider's Den

bigger picture:

Spider's Den

Yup... 3620 is a good support now I have one scenario that says 3617 must hit but another one that says low already in place and we move higher. End of year soon. New techs and moves will come into place in the new year. It's still bullish. I. Agree ...

Spider's Den

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Spider's Den

indeed 3620 is a helluva support.. i have 3617 +- 2 pips... so we might dip a little but i think to preserve a STRONG upmove, we should not break 3615-20... otherwise we can look for a 3520 area...

Spider's Den

i say don't buy till 800 dollar mark... 3620 next support on Euro... this 3650 was when euro flew sky high to 1.38... so its now resting here though it had lower target... overall trend still up - 3832 not the top still

Spider's Den

nice T.. very nice analysis - even during the bs market movements... I am still bullish... i have a support at 3512 - this is probably the bear gate... perhaps if you have time.. hold an fomc webinar tomorrow live

Spider's Den

i have another question... how can you know that the 3522 T103 is still valid when we are 2 phases away from it? thanks

Are support and resistance levels predetermined?