FOREX PRO Weekly June 25-29, 2012

[minimax]

hehe,

this is the beauty and magic of trading and what makes price going up and down but for sure - right.

At the moment everything is under control, BE set, and I think critical point or for retrace down to last low on 1H or taking 1,2550 (my opinion is taking 1,2550).

 

[antonisk]

did Sell at 1.2518 and looking for a bearish trend for the week or at least for the day

 

[seedof]

coupled with the butterfly at 1.27 shown by lolly on 4hr i see a bullish divergence also on 4hrs Dosc and my stoch. so i favor bullish retracement only could not tell how far it could be

 

[Venelin]

View attachment 5828View attachment 5829Hi Sive and all,
Firstly thank you for your as always great analysis! I have a problem with relying on Daily SG. The reason behind is that on a Daily charts from different broker(FXCM Mt4) trend is already bearish and daily on Alpari UK bullish still and SG looks very probable! What a difference a time setting on MT4 brings-(one is set @GMT and other+3hours time shift)!Any way-thanks again for your time! Here is charts :

 

[minimax]

Hi, Venelin,

I think the number of periods and included candles is the problem. As I can see, one of brokers has Sundays and other not, correct? Be so kind and inform us.

 

[minimax]

coupled with the butterfly at 1.27 shown by lolly on 4hr i see a bullish divergence also on 4hrs Dosc and my stoch. so i favor bullish retracement only could not tell how far it could be

Agree, Seedof,

and I even see hidden one, but the crucial point is just 45/50 pips away so I do not rely on it.

For my analysis this is also the point where 4 and 6 H TF got lower fractal so for me attractive to go long with stop at 1,2467.

 

[Lolly Tripathy]

we are very close to the "MAKE OR BREAK" area..
But as per sive sir dont take any risk today or 2moro
GOODLUCK ALL

 

[Louis123321]

My analysis for today is... Sparta!

 

[Venelin]

Hi, Venelin,

I think the number of periods and included candles is the problem. As I can see, one of brokers has Sundays and other not, correct? Be so kind and inform us.

One broker(alpari) time is set +3h ahead of the other, so I guess we may say that is not using Sundays. The feed is the same-only time shift is different.The macd forecaster has the same settings for both brokers.So on TF bigger than 4h visual difference is big and that is a problem! Also pivot points indicators also would be different!

 

[Louis123321]

Possible STOPGRABBER forming guys look out for it.