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  • #7,601
  • Apr 25, 2014 6:37am Apr 25, 2014 6:37am
Quoting Ramii
{quote} Will it be going toward 1310?
Well depends...

The push up was considerable on the daily chart; and it seems like a bullish hammer is in; so this could be the start of a new trend up and if that is the case then yes definitely 1310 will be taken out, but i would keep an eye out for 1330 to be tested first and if the ukraine situation escalalates then i wouldn't be surprised seeing prices touch 1394 again too...

Although to confirm all of this there is a trend line from 1394 all the way down which coincidently hits 1309/10 level; which could mean major resistance.. and hence a break of that level will confirm a further bull run to 1330 etc...

Cheers and GL!
  • #7,602
  • Apr 25, 2014 6:42am Apr 25, 2014 6:42am
Quoting elbert3
{quote} hi yes it is in a tight area now,, i would not like to say where i think it could go because i dont want to tell you one thing and you follow and it goes wrong,, i am like you we trade probability ,,, good luck,, dont put to much on then you can feel your way into the trade .. regards
Good suggestion! Trade light and smooth into positions especially when the market is trying to establish a new trend! GL to you!
  • #7,603
  • Apr 25, 2014 6:50am Apr 25, 2014 6:50am
Quoting waleed.khan
{quote} Good suggestion! Trade light and smooth into positions especially when the market is trying to establish a new trend! GL to you!
1302 is trying to kill the up ..
  • #7,604
  • Apr 25, 2014 6:55am Apr 25, 2014 6:55am
Quoting elbert3
{quote} 1302 is trying to kill the up ..
Exactly! and very crucial that it does soon too.. because that area is the 50% fib retracement level from the 1328 recent top level which only means the down trend will continue...

Its tough..trading these days! bullish hammer on the daily is making things very confusing for the time being! Soon enough the market will give direction!
  • #7,605
  • Apr 25, 2014 6:56am Apr 25, 2014 6:56am
Quoting waleed.khan
{quote} Good suggestion! Trade light and smooth into positions especially when the market is trying to establish a new trend! GL to you!
my tecs are saying short at this time but there are tight together on the day, so it could cross back, might look to 1308??but on the 4 hour they have crossed to go long, so depending on the 4 hour candle now??/ how do you see it
  • #7,606
  • Apr 25, 2014 6:57am Apr 25, 2014 6:57am
Im agree broke 1302 is difficult actually
But if it break maybe we can see an important up
Its "my point of view"
But we can see a small retracement on 1296 before up
What do you think all?
  • #7,607
  • Apr 25, 2014 6:58am Apr 25, 2014 6:58am
Quoting waleed.khan
{quote} Exactly! and very crucial that it does soon too.. because that area is the 50% fib retracement level from the 1328 recent top level which only means the down trend will continue... Its tough..trading these days! bullish hammer on the daily is making things very confusing for the time being! Soon enough the market will give direction!
see if we get bounce on the 5 min chart at 1229
  • #7,608
  • Apr 25, 2014 7:00am Apr 25, 2014 7:00am
Quoting elbert3
{quote} my tecs are saying short at this time but there are tight together on the day, so it could cross back, might look to 1308??but on the 4 hour they have crossed to go long, so depending on the 4 hour candle now??/ how do you see it
As I said in the last post its tough to see...as we are on the crossroads right now! but as long as we don't see a long wick on the 1hrly and 4hr chart I think the bull run should continue today!
  • #7,609
  • Apr 25, 2014 7:00am Apr 25, 2014 7:00am
Quoting sasastephe
Im agree broke 1302 is difficult actually But if it break maybe we can see an important up Its "my point of view" But we can see a small retracement on 1296 before up What do you think all?
need to pass 1300 now or were going down to 1298.30 then could go short
  • #7,610
  • Apr 25, 2014 7:04am Apr 25, 2014 7:04am
Quoting elbert3
{quote} need to pass 1300 now or were going down to 1298.30 then could go short
SHorting right now would not be good... Wait till it breaks 1286 atleast! Otherwise you will be going short or long by the minute!
  • #7,611
  • Apr 25, 2014 7:05am Apr 25, 2014 7:05am
take it easy guys. tchs wont work when things get tough out there with wmd arseholes.
  • #7,612
  • Apr 25, 2014 7:06am Apr 25, 2014 7:06am
Quoting elbert3
{quote} need to pass 1300 now or were going down to 1298.30 then could go short
Hi elbert, according to my 1H chart, we will see 1296 again. Maybe 1293. My 4H says we will definitely see 1296 again. Probably never see 1281 anymore. Daily wants 1312.5. After which it depends on the previous highs at 1325 - 1330.
A 1 pip gain is better than a 1 pip loss.
  • #7,613
  • Apr 25, 2014 7:08am Apr 25, 2014 7:08am
Quoting sasastephe
Im agree broke 1302 is difficult actually But if it break maybe we can see an important up Its "my point of view" But we can see a small retracement on 1296 before up What do you think all?
You are right! a retracement is long over due... I have been waiting since yesterday (the reason I had taken a short) but now if it is too retrace then I think it would first retrace too 1291/2 level and if further then 1384 (which is a 50%) healthy retrace!
  • #7,614
  • Apr 25, 2014 7:20am Apr 25, 2014 7:20am
No stopping FXRAT's longs today
rat
  • #7,615
  • Apr 25, 2014 7:29am Apr 25, 2014 7:29am
Reasons why the trend is changing...

Usd index is at 50% retracement level!

S&P has a hammer and we might have a risk off day due to the ukraine situation plus on friday nobody likes to go long! so we will go south!

Lastly the usd/jpy looks like its going to fall big! which should help in the usd index going down!

Cheers & Gl!
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  • #7,616
  • Apr 25, 2014 7:42am Apr 25, 2014 7:42am
Quoting goldfinger
take it easy guys. tchs wont work when things get tough out there with wmd arseholes.
hi i cant work out what wmd means lol regards
  • #7,617
  • Apr 25, 2014 7:47am Apr 25, 2014 7:47am
Quoting elbert3
{quote} hi i cant work out what wmd means lol regards
Yes i was thinking the same.. WMD? "World media?, World Mass D****, War mass destruction?? I give up? hehe
  • #7,618
  • Apr 25, 2014 7:52am Apr 25, 2014 7:52am
I hate this day havent mouvement.
Raaaaaaa!!!!
  • #7,619
  • Apr 25, 2014 7:53am Apr 25, 2014 7:53am
Quoting elbert3
{quote} need to pass 1300 now or were going down to 1298.30 then could go short
We might be getting a wick on the 1hrly chart!
  • #7,620
  • Apr 25, 2014 7:56am Apr 25, 2014 7:56am
GOLD: Pattern AB=CD completed plus SMA200, 300 e 400.
In my opinion, price should go down @1286

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