FOREX PRO WEEKLY September 23-27, 2013

[FreddyFX]

Why mess up this EU thread with stuff about other instruments??

 

[minimax]

Bad luck yesterday, did not make low as expected; today have been waited for the set up and think this one is not bad...

H12



Good trading!

 

[minimax]

Same behaviour as yesterday: bad USA GDP and first move down = dollar stronger and immediatelly back up; looks like market is confused - safe heaven or not? Think will go up so added long position...

M5

 

[Ghandi1]

Same behaviour as yesterday: bad USA GDP and first move down = dollar stronger and immediatelly back up; looks like market is confused - safe heaven or not? Think will go up so added long position...

M5

View attachment 11378

Still prefer if we visit yesterdays posted numbers before going higher. Going back to 353X w/o a HH was a normal bear action before 3447
Going to 3451 before higher is also a normal bullish move

 

[minimax]

I have observed this 161,8 expansion for a while and already thought it would leave it untouched but came down and tested it; I have not changed my opinion: still believe in forming top, maybe HH, before low, that is why 3rd long entry ...

H2

 

[Ghandi1]

I have observed this 161,8 expansion for a while and already thought it would leave it untouched but came down and tested it; I have not changed my opinion: still believe in forming top, maybe HH, before low, that is why 3rd long entry ...

H2

View attachment 11380

Your R/R for a long entry is nice from current area, with a SL just below 3460 for +115 pips reward.

 

[minimax]

Well, was early but nothing has changed so far; lots of potential targets ahead...

H1




Good trading!

 

[minimax]

Left only best position to run...this could work but do not know how high...lets see..

H1




Good trading!


ps: current high should not allow to go down to my position IF really intends to make what I have in mind...

 

[Lolly Tripathy]

i edit my chart like this

 

[Lolly Tripathy]

hi sive sir, can you please take a look at this chart if you have free time..
as per this we broke the trendline..
and we got macd negative divergence on dayly tf is that true of false ...???