FOREX PRO Weekly October 01-05, 2012

D.R.&Quinch

Sergeant
Messages
661
huskins.PNG
US dollar index closing above 21sma at 9.00 am

this bullish for dollar says huskins
 

D.R.&Quinch

Sergeant
Messages
661
Looking at PRZ price action, I know crney would say reversal good if terminal price bar low is broken to downside. on m5 this is a 1.30195
terminal.jpg
i have marked this with red circle on chart
 

D.R.&Quinch

Sergeant
Messages
661
this is odd. good nfp results for the USdollar, yet the whole prz gets violated pretty cleanly.
weeird.jpg
perhaps the R3 point is acting as a magnet to be touched first? its at 1.3064
 

D.R.&Quinch

Sergeant
Messages
661
now its at the r3 pivot, any bets on what next? im totally out of ideas if it does not reverse within next 10 pips!
 

Triantus Shango

Sergeant Major
Messages
1,372
ok well... i like huskins but i think he needs to reassess a little. the DXY is so heavily weighted towards EUR that the cause-effect relationship seems to be more eur/usd --> dxy rather than dxy --> eur/usd.

US dollar index closing above 21sma at 9.00 am

this bullish for dollar says huskins
 

rashidin5178

Sergeant
Messages
244
Relax guys, if price do not show any respect to 1.3080, then we may say goodbye for bears:(
Thanks and Best Regards
 

Triantus Shango

Sergeant Major
Messages
1,372
right. actually i'm willing to bet that 3084 will be the max this week. also, 3020 is the first TP for the initial pullback. however, don't have a confirmed signal for that yet, real close though but not yet confirmed.

*** sorry: confirmed on M5 and M15 not on H1.

BTW, 1.618 expansion from AB-CD on H4 is around 1.3140.
 

D.R.&Quinch

Sergeant
Messages
661
i find his postings very opaque, almost deliberately lacking in clear and consice instructions that confuse more than clarify. sorry huskin, its cos im stupid and a beginner, what with this being an education forum
, could you read what you write and ask , "would someone with far less understanding and experience than myself have issues accessing what i have written"
 
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