FOREX PRO Weekly June 04-08, 2012

Pragmatic, unfortunately no image.

 

We will get BullisEngulfing on 1hr,4hr and Daily tf after closing.... :0

 

Go Go 1.2620 area !

 

In my humble opinion, price action ALONE, suggests continuation to 1.2620 area, this seems like almost a sure bet with everything taken into account, unless something huge happens say Greece leaves the euro zone tomorrow ... I Shall rather enjoy closing these buys.

 

i think its about time to search for sell entry. price is now getting near our target

 

I will be searching for reversal sell around 1.2620 level, depending on how price action will be, but for now Buy is favorite still.

 

Hello Traders

Long time no post. I hope your all doing well and enjoying many green pips!

Personally I see alot of moments that point at reversal coming in around 1.2650-2660 area so this is where I plan on taking profit and adding to my sell positions. Oddly enough I am actually Buying and Selling this market right now My Selling trades are looking at longer monthly goals and are longer term trades but my buys are for our daily short term trades and targets.

Sive my good man, once again many many thanks for all you do! I've noticed on your charts lately you have shown us oversold and overbought levels plotted on your MT4 charts. I'm wondering if you can help me get this indicator that you are using. Where may I find it? Thanks again and sorry if this was posted somewhere already. Haven't had much time for reading with my work schedule.

Take care and Happy Pip'N!

~Markus

 

Hi Markus,
Unfortunately it is forbidden to distribute it, but you may easily derive it's formula from DOSC and programm it. If you look at DOSC formula with details and if you have light math skills - you'll find decision fast.

 

Thanks again Sive. Yes I can program MT4 Just wasn't sure where to look and now I know

 

Thanks for the info 1.25719 and going up