FOREX PRO WEEKLY November 25-29, 2013

[minimax]

Lolly made her points of view, I made mine, close to Sive´s insight: we stick to intraday charts & patterns.

I still think we should get low below 20131107 @1,3294 in the beginning of December or very close to FED meeting on 15/16th but do not know how we should come there. We might go below also in this last week of November but we should go in new low again in December and then we should not go above 1,3831 from Oct 25th before January, considering Monthly swings..
On first sight picture might look more bullish than bearish but until we get daily high, just a tick above Friday´s high, I am 100% short term bear, high above 19th @1,35788 would change me just into small bull. I expect we will spend next 10-15 days in this range 1,33-1,36 and contracting triangle would be the best construction because it can be turn either North either South, depends on start point. If 19th high is point a we should go down if same peak is point a of Flat, as I labeled, than we should go up…triangle could form also on bigger TF in range between 1,3831 and 1,3294…will see..

About COT: Longs are closed, shorts are added and we go North? I hate this information because it is 3 days old!
Same about rumors and statements: I hate them!

Have a great & successful week!!

 

[Barbara IT]

Grazie per la tua analisi Minimax! Sempre molto utile!!

 

[Ghandi1]

Morning

I shorted at 3550 and will close the position if weekly candle close above 3577. TP 1.30-1.31.
If the PA is OK I will scalp long around WPP, However, my bias is short term bearish

 

[minimax]

Hello Barbara

hehe, you forgot 300 pips?

i think situation on cable is similar as on euro; i expect monthly low swing before higher and then is main question direction in which this big monthly (and higher TFs) triangle (?) is headed...

I can not say about DiNapoli but I just assume there could be signs of B&BBuy Daily&Weekly...if this low I expect appears

Good luck and suggest to lower your tolerance because open trade in loss is very bad for tradingm worse than a lost one..my opinion..

 

[minimax]

Morning

I shorted at 3550 and will close the position if weekly candle close above 3577. TP 1.30-1.31.
If the PA is OK I will scalp long around WPP, However, my bias is short term bearish

hey mahatma, weekly candle - you mean end of this week? better to set BE asap
you set very far target zone, not impossible but too far for my opinion...

 

[Barbara IT]

Hello Barbara

hehe, you forgot 300 pips?

i think situation on cable is similar as on euro; i expect monthly low swing before higher and then is main question direction in which this big monthly (and higher TFs) triangle (?) is headed...

I can not say about DiNapoli but I just assume there could be signs of B&BBuy Daily&Weekly...if this low I expect appears

Good luck and suggest to lower your tolerance because open trade in loss is very bad for tradingm worse than a lost one..my opinion..

Ciao Minimax, grazie per il tempo che mi hai dedicata... sono felice! sei stato molto gentile e ti ringrazio di cuore....

smak.... smak... smak !!!

baby

 

[Ghandi1]

hey mahatma, weekly candle - you mean end of this week? better to set BE asap
you set very far target zone, not impossible but too far for my opinion...

When in time is not critical for me, A weekly close above 3577 is what counts. We are below 3594, still in a range play in my book. We can spend some times in this range. 5 more weeks to go before we close this year, I don't think we will start 2014 too far away from the 2014 YPP

 

[Venelin]

Hello Barbara

hehe, you forgot 300 pips?

i think situation on cable is similar as on euro; i expect monthly low swing before higher and then is main question direction in which this big monthly (and higher TFs) triangle (?) is headed...

I can not say about DiNapoli but I just assume there could be signs of B&BBuy Daily&Weekly...if this low I expect appears

Good luck and suggest to lower your tolerance because open trade in loss is very bad for tradingm worse than a lost one..my opinion..

Hey guys,
I'll be monitoring cable weekly for DRPO sell. Good luck!
View attachment 12214

 

[Barbara IT]

Hey guys,
I'll be monitoring cable weekly for DRPO sell. Good luck!
View attachment 12214

Grazie Venelin !!!!!!!

 

[minimax]

you might be right Venelin and we really could go much lower on cable

Barbara you entered in really crucial zone and now is important how this move down should&could develop..

I expect monthly swing low and I see 2 possible options to go down

If any questions regarding chart dont hesitate to ask