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  • #3,921
  • Mar 18, 2014 5:09am Mar 18, 2014 5:09am
Quoting namaus
With not good news from Euro, and possible good news from US we could see 1350.
Putin talks at 11:00 GMT also.

Major support sits between 1353-1354 from upward TL from beginning of Feb.

There should be support there but solid or not only PA will tell.

1363 resistance is first hurdle upwards then 1367 breakout will confirm today's low is mild support for continuation north.
To live a successful life, we must lose our fear of being wrong
  • #3,922
  • Mar 18, 2014 5:22am Mar 18, 2014 5:22am
With some correction down at a top , consistent with the targets at top yet untested ! price around buy areas , 1354 now & next 1337 next ok ok for to 1380+ both cases. so scalping buy to take action for me.Remember daily bear hammer in daily tf !! &bear set up in gold while taking any buy action !!
Take care .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #3,923
  • Mar 18, 2014 5:36am Mar 18, 2014 5:36am
weekly pivot 1366 and Daily pivot 1374, h4 candle open above 1360 we ca re test these pivots.
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  • #3,924
  • Mar 18, 2014 5:39am Mar 18, 2014 5:39am
my chart says, not so soon bulls, but i've been wrong before
A trade should be based on an assumption based on facts
  • #3,925
  • Edited 6:07am Mar 18, 2014 5:57am | Edited 6:07am
Quoting Mave
my chart says, not so soon bulls, but i've been wrong before
ok.in daily with bear hammer there is a very good chance break 1354.79 and in weekly chart , if so then weekly bear hammer may also develop ,price as low as 1327.so if immediate target to reach at tops to do above 1354.79 with confirmations 1366.73 & 1368.02 breaks up or fall for 1327 & risk goes more to breakout there .lets see.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #3,926
  • Mar 18, 2014 6:00am Mar 18, 2014 6:00am
Quoting hamidshah.pk
{quote} I closed my short at 1365, of course in good profit. Now waiting to get in Buy position and wait till London session opening. The sentiment of market is very bearish. Good Luck and stay blessed.
u too sir.. cheers
  • #3,927
  • Mar 18, 2014 6:28am Mar 18, 2014 6:28am
Quoting fontu
{quote} ok.in daily with bear hammer there is a very good chance break 1354.79 and in weekly chart , if so then weekly bear hammer may also develop ,price as low as 1327.so if immediate target to reach at tops to do above 1354.79 with confirmations 1366.73 & 1368.02 breaks up or fall for 1327 & risk goes more to breakout there .lets see. fontu {image}

http://prntscr.com/31vsbt
Purple line has attracted a lot of action
1354.79 is a good target

edit - just as i was posting.. few seconds later it happens again !
A trade should be based on an assumption based on facts
  • #3,928
  • Mar 18, 2014 6:32am Mar 18, 2014 6:32am
Quoting VonBoyan
{quote} u too sir.. cheers
Dear Sir,

I have been following your trades and specially trades of Mr. Nitsan, they are very accurate.
Dear Sir, I have lost more than 60% of earnings) and your calls have been on the spot. I am currently stuck in Crude Oil (Buy) and Silver (Buy). Could you pls guide where do you see these markets? I will be really thankful.

Also I had Long Gold from 1362. What do you suggest?

Thanks
  • #3,929
  • Mar 18, 2014 6:32am Mar 18, 2014 6:32am
my 2 cents worth on the likely scenario..
1) market is currently in a prep for NY session..
2) it may retest today's low as 2nd dive occured in the asian session to 1357 (SMa200) on the 30 mins chart.. and that SMa300 still hold ground..
3) a stronger support would be around 1345(SMa200) on the 1hr chart and/or 1350 area (SMA300)..
4) on the upper side.. there are: daily pivot (1373 area) and SMA55 1 hr chart at 1366 area to test for, breaking it would see testing again the high of 1385/1390 area..

like myself who trades "open space areas", price is currently "in the middle" and can go both ways.. i am currently out of shorts and building my longs "lightly"..

should i have shorts from yesterday's high.. i would likely to close half and move the other half to break even or do a trailing because the possibility of price diving again is there but it should be limited for today..(i hope)..hehehe

should i have longs positions from today, should take note of SL.."make it tight".. and should target for daily pivot area to close half and set the other half to BE or trailing..

at least thats what i would do for today if i am trading short term.. so sorry if opinion differs from anyone or anyone know this likely scenario already.. just my 2 cents worth of opinion only.. cheers.. good luck and good trades to all..
  • #3,930
  • Mar 18, 2014 7:14am Mar 18, 2014 7:14am
Quoting VonBoyan
my 2 cents worth on the likely scenario.. 1) market is currently in a prep for NY session.. 2) it may retest today's low as 2nd dive occured in the asian session to 1357 (SMa200) on the 30 mins chart.. and that SMa300 still hold ground.. 3) a stronger support would be around 1345(SMa200) on the 1hr chart and/or 1350 area (SMA300).. 4) on the upper side.. there are: daily pivot (1373 area) and SMA55 1 hr chart at 1366 area to test for, breaking it would see testing again the high of 1385/1390 area.. like myself who trades "open space areas", price...

1345 is a very likely/likable/tradeable/longable price to 1385 But we have to break 1353.87 first !
A trade should be based on an assumption based on facts
  • #3,931
  • Mar 18, 2014 7:18am Mar 18, 2014 7:18am
Quoting elbert3
{image} 50/50 i think best wait to see the next candle or short sl over the doji
my long was stopped so i went with my first thought short same thing sl on the doji and pp asap
  • #3,932
  • Mar 18, 2014 7:30am Mar 18, 2014 7:30am
Please try as much as possible not to predict the market...just follow where it leads and you would be surprised how well both of you can get along!
Less is more...
  • #3,933
  • Mar 18, 2014 7:38am Mar 18, 2014 7:38am
hmmm.. anyone cant get along past few days?.. i thought eveything is good in here..did i miss out on anything?..
  • #3,934
  • Mar 18, 2014 7:40am Mar 18, 2014 7:40am
Quoting namaus
With not good news from Euro, and possible good news from US we could see 1350.
Yes, we see 1350. 61.8 Fibo retracement. Up from there mean bullish. Lower mean more bearish. 132x
  • #3,935
  • Mar 18, 2014 7:41am Mar 18, 2014 7:41am
Quoting VonBoyan
hmmm.. anyone cant get along past few days?.. i thought eveything is good in here..did i miss out on anything?..
I am actually holding on a short from 1372... but it's just a 0.01 lot so it does not hurt much.
  • #3,936
  • Mar 18, 2014 7:48am Mar 18, 2014 7:48am
Quoting ajantala
Please try as much as possible not to predict the market...just follow where it leads and you would be surprised how well both of you can get along!
you've surprised me more than the market has ever managed to
A trade should be based on an assumption based on facts
  • #3,937
  • Mar 18, 2014 7:48am Mar 18, 2014 7:48am
Quoting VonBoyan
hmmm.. anyone cant get along past few days?.. i thought eveything is good in here..did i miss out on anything?..

should we hug it out in public.. will the admins ban us?
A trade should be based on an assumption based on facts
  • #3,938
  • Mar 18, 2014 7:50am Mar 18, 2014 7:50am
Quoting Mave
{quote} should we hug it out in public.. will the admins ban us?
mave dude.. wa it us who cant get along?.. and when was that?.. when did it happen dude?
  • #3,939
  • Mar 18, 2014 7:53am Mar 18, 2014 7:53am
Quoting VonBoyan
{quote} mave dude.. wa it us who cant get along?.. and when was that?.. when did it happen dude?

nono.. its all good.. i thought you get the joke
A trade should be based on an assumption based on facts
  • #3,940
  • Mar 18, 2014 7:54am Mar 18, 2014 7:54am
Quoting Jason Rogers
{quote} {quote} {quote} {quote} {quote} {quote} Hi Everyone, It's possible the discrepancy you see has to do with comparing New York Close charts with non-New York Close charts: http://www.forexfactory.com/showthre...33#post7215433 New York Close charts have the daily candles begin and end at 5pm New York Time to correspond with the close of the New York trading session. Non-New York Close charts have daily candles that begin at a different time such as midnight GMT which corresponds to 8pm New York Time. This 3-hour shift...
Thank you Jason, all clear now.
regards lapras
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