Butterfly will morph into? (Or not?)
Sive or anyone, does bullish butterfly tend to morph into H/S, assuming the head has formed with today's (Wed 09/01) impulse up on the hourly chart?
Asia testing top of the range for more upside London?
Asia as choppy pullback to .2700 key pivot after testing .2730 pivot. .2700 probably pretty decisive Wed trade action.
Basing during Asia Tue and might be upside London Wed?
Watching for a test of .2650 or even .2620 into Asia, which might be the pullback long. So, .2640 as the area of interest.
Sive's weekly resistance upside TP, and runner remote chance to .2830
Otherwise, below .25 by Fri?
Tues Wedge to downside looks like bullish resolution soon
Sive, the Gartley set up might need an extra day? Mon Asia Hourly looks like a bullish resolution due soon for downside wedge. Watching to see if another sell opportunity occurs from .2750 area sometime Tues to .2600 and/or lower, for...
Less Choppy this next week?
Sive or anyone, this was a very choppy week.
This next week would be a little less chop as Gartley now completes and retraces to upside fibos, or is it still summer chop?
If it remains light volume and choppy, would be curious to see retrace to see scalp sell...
Interesting trades past week for Pipstack
From 7/27/10 to 8/13/10 my Pipstack demo, as set up by tech support for $49 extra fee, has lost $13,274.80 on the fully automatic settings for the demo. I had it professionally set up by tech support, with +4 time offset for EST US, am tempted to reset...
Sive, thanks for the very good video. Interesting chart patterns to watch. Joe D and 3 drives, so I can see how I confuse the H/S on hourly for those. Every other newbie out there Fri. afternoon EST has reverse H/S pegged on the hourly as top choice for next week to get long.
Newbie...
Retrace Thurs London?
Good video Sive, weekly pivots worked well. My freebie EA filled a sell order right at your weekly pivot sell.
I am watching for a retrace, perhaps London buy thurs? If so, Sive or anyone venture an opinion on how high the retrace?
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Here is my...
Opinions wanted on W&R possibilities after FOMC to .3374 as Sun video resistance then fast down as USD/Japanese Yen makes impulse move up which would be contrary move to Euro/Usd?
Or is some sort of ranging likely .3167 - .3127 Euro/Usd into FOMC and then gradual move up into end of week to .35?
If W &R occurs, will be watching to see if equities sell sharply too, for dip to be bought across the board.
Otherwise, watching .3230 support for bullish continuation to .35....
Interesting to see if .3080 level appears today.
Interested in watching London session, for upside to .35 or top in NY thurs under .33 for a sell much lower than the .35 -.37 area bulls had in mind.
Trend trade or scalps this coming week?
Sive or anyone:
IF the .2880 to .3130 range prevails, any idea if scalp set ups are more likely this coming week, or still typical trending move up to .31(Mon/Tues/Wed/Thur) with idea of sell set up there, to be on completed and then on sidelines 1...
H/S on 5 min for retest at .2950 or Break Out to .31**
Notice what could form Head and Shoulders 5 min chart for reversal down before testing .31.
Yes, .2950 might have Bull/Bear contest too if tested.
I'll have to find "XOP" in the glossary.
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