Mp | Intermediate Term Points E/U
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Mp -- 6.7.2012
0217 ZULU -- presently looking at 4650(will have reversal up) -- 48 and prob a reversal at 1030 edst -- 44(strong support) - 33 -- 26 -- 19 for bottom, 14 will happen after a reversal up and we should end at 5999 will try to stay on top of the dropping market
UPSIDE PRESENTLY SHOWS 4722
2010 ZULU -- present DAILY upside shows 4725 rite now with 4745, 4756
DOWNSIDE ------ 4694 (prior close and today open), 4649 for pivot and PRESENT bottom at 4620 ON TREND ---
[B]HEADING for 4753 and 4796 but would imagine we go down first before we go up, cause thats logical in the forex world, sorta kinda ![/B]
0217 ZULU -- presently looking at 4650(will have reversal up) -- 48 and prob a reversal at 1030 edst -- 44(strong support) - 33 -- 26 -- 19 for bottom, 14 will happen after a reversal up and we should end at 5999 will try to stay on top of the dropping market
UPSIDE PRESENTLY SHOWS 4722
2010 ZULU -- present DAILY upside shows 4725 rite now with 4745, 4756
DOWNSIDE ------ 4694 (prior close and today open), 4649 for pivot and PRESENT bottom at 4620 ON TREND ---
[B]HEADING for 4753 and 4796 but would imagine we go down first before we go up, cause thats logical in the forex world, sorta kinda ![/B]
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mp6140
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9am EDST normal reversal to upside --- will come back down again in an hour and a bit or by noon at the latest
4605 PRESENT BOTTOM UNLESS BROKEN OF COURSE, THEN WE SEE 4601, 4600, 4598 (A GOOD ONE) AND THEN 4593, 4589 AND 4582 WHERE I HAVE A TRADE WAITING
4604 IS A REVERSAL POINT
4596 good and being pressed for more downside although we "should" reverse at that point --- if we dont, then watch for a reversal at approximately noon, edst
4579 is showing as next downside BUT we should wait for anticipated reversal first or suffer the drawdown until we get there tonite
reversing off the 4580 to prob 91 presently (can go higher as we normally have 1/2 hour for this trade and then we should continue down after noon edst and showing 4562 presently and i believe more bottom should appear, but will have to have retraces before then and bottom may not happen until later tonite when we switch over to the 30 min chart
4562 seems to be it before the noon reversal which presently shows 4801 topside
should continue DOWNSIDE later today or after rollover.
4598 would appear to be topside for this move with 4591 a "speed bump" and 4592 or 93 as a reversal ---
4600 now showing for topside on 15 min chart
4605 PRESENT BOTTOM UNLESS BROKEN OF COURSE, THEN WE SEE 4601, 4600, 4598 (A GOOD ONE) AND THEN 4593, 4589 AND 4582 WHERE I HAVE A TRADE WAITING
4604 IS A REVERSAL POINT
4596 good and being pressed for more downside although we "should" reverse at that point --- if we dont, then watch for a reversal at approximately noon, edst
4579 is showing as next downside BUT we should wait for anticipated reversal first or suffer the drawdown until we get there tonite
reversing off the 4580 to prob 91 presently (can go higher as we normally have 1/2 hour for this trade and then we should continue down after noon edst and showing 4562 presently and i believe more bottom should appear, but will have to have retraces before then and bottom may not happen until later tonite when we switch over to the 30 min chart
4562 seems to be it before the noon reversal which presently shows 4801 topside
should continue DOWNSIDE later today or after rollover.
4598 would appear to be topside for this move with 4591 a "speed bump" and 4592 or 93 as a reversal ---
4600 now showing for topside on 15 min chart
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mp6140
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mp --- 6.7.2011
419 pm edst --- in case no ones noticed, since noonish we have gone in one BIG FAT CIRCLE and are right back to 4563 for a change --- for reasons known to the pros, they simply do not want to move it very fast, likely waiting for thursdays news, which is kinda the heavy hitter type and should move stuff around --- i'll work on it later, but we just may go UP on thursday, considering the banks are keeping us low at the moment --- of course, if we shoot up HIGH overnite, then we know we should go DOWN more on the news -- gotta look, so check tonite to see if ive made up my alleged mind yet.
223pm EDST --- 4661 shows on the 5 min chart -- strongly possible for an upside retrace at that point
4562 hooves into view, with 61, 58, 55, 53 below that and thats the 15 min chart
1212 EDST --- 4606, 4615, 4616, 4620 PRESENTLY show upside on the 15 min chart
be VERY VERY CAREFUL as there has to be some nice reverses in there before it happens --- for right now use the 4597-98 TOP and we should reverse --- save the over 4600 figures for later tonite UNLESS the world goes nuts to the upside again shortly
understand that the massive slowness and strange price movements are due to the pros selling (shorting) their lots to the dumb money who still thinks there is a rally happening
those of you holding longs based on the higher numbers relax --- we are in a very large range, although major trend is DOWN, we are prepping now to hit those numbers soon
1248 EDST -- by way of explanation --- normally Im giving numbers based on the 30 second, 1 min, 2 min, 3 min and 5 min charts, which tend to be accurate --- when i quote the 15 min chart as we near the end of a run, we have to have a reversal before that chart kicks in and the higher numbers i posted are on the 15 min chart --- once we use up the 15 min chart, we go to the 30, although that tends to usually be at nite, before and during the asian session --- so dont get too scared when the 5 min takes its reversal and 15 min numbers have been posted --- you can either leave on the 5 min, wait, and then enter again on the 15 or hold your 15 TP point and take the drawdown and then the thing comes back up again.
419 pm edst --- in case no ones noticed, since noonish we have gone in one BIG FAT CIRCLE and are right back to 4563 for a change --- for reasons known to the pros, they simply do not want to move it very fast, likely waiting for thursdays news, which is kinda the heavy hitter type and should move stuff around --- i'll work on it later, but we just may go UP on thursday, considering the banks are keeping us low at the moment --- of course, if we shoot up HIGH overnite, then we know we should go DOWN more on the news -- gotta look, so check tonite to see if ive made up my alleged mind yet.
223pm EDST --- 4661 shows on the 5 min chart -- strongly possible for an upside retrace at that point
4562 hooves into view, with 61, 58, 55, 53 below that and thats the 15 min chart
1212 EDST --- 4606, 4615, 4616, 4620 PRESENTLY show upside on the 15 min chart
be VERY VERY CAREFUL as there has to be some nice reverses in there before it happens --- for right now use the 4597-98 TOP and we should reverse --- save the over 4600 figures for later tonite UNLESS the world goes nuts to the upside again shortly
understand that the massive slowness and strange price movements are due to the pros selling (shorting) their lots to the dumb money who still thinks there is a rally happening
those of you holding longs based on the higher numbers relax --- we are in a very large range, although major trend is DOWN, we are prepping now to hit those numbers soon
1248 EDST -- by way of explanation --- normally Im giving numbers based on the 30 second, 1 min, 2 min, 3 min and 5 min charts, which tend to be accurate --- when i quote the 15 min chart as we near the end of a run, we have to have a reversal before that chart kicks in and the higher numbers i posted are on the 15 min chart --- once we use up the 15 min chart, we go to the 30, although that tends to usually be at nite, before and during the asian session --- so dont get too scared when the 5 min takes its reversal and 15 min numbers have been posted --- you can either leave on the 5 min, wait, and then enter again on the 15 or hold your 15 TP point and take the drawdown and then the thing comes back up again.
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mp6140
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Mp -- 6.8.2011 Evening
1054 edst --- VERY PRELIMINARY OVERNITES and trend is UP
UPSIDE 4661, 4718 AND up there is 4825 and 4859 and im not ready for that high just yet
DOWNSIDE ----- 4566 which is the prior low and if not violated downward, would mean we head up at this point, although 4536 is also showing
NEXT SET OF CHARTS SHOW
UPSIDE ---------- 4666 with 4684 showing and 4718 after a while
DOWNSIDE ------- 4592, 4567, 4522
if this confuses you, imagine that i still have the black box for later
1046 edst --- a study in PURE frustration -- 71 trades closed since this am and nothing for the past hour --- they definitely trying to get nowhere as slowly as possible
938 EDST --- ALL timeframes are in UP mode and downside modes are simply to gain more lots at a lower price, at least until we top when the downside move will be a mama short.
PRESENT SHORT TERM UPSIDE shows 4634 on the 15 min which is the previous high, an impt point to either break or bounce back down from, and looks like it may get broken
oooops -- watch out at 4627 for a short reversa -- boo ! was nothing
4631 next resist point of meritl and now showing 4644
1054 edst --- VERY PRELIMINARY OVERNITES and trend is UP
UPSIDE 4661, 4718 AND up there is 4825 and 4859 and im not ready for that high just yet
DOWNSIDE ----- 4566 which is the prior low and if not violated downward, would mean we head up at this point, although 4536 is also showing
NEXT SET OF CHARTS SHOW
UPSIDE ---------- 4666 with 4684 showing and 4718 after a while
DOWNSIDE ------- 4592, 4567, 4522
if this confuses you, imagine that i still have the black box for later
1046 edst --- a study in PURE frustration -- 71 trades closed since this am and nothing for the past hour --- they definitely trying to get nowhere as slowly as possible
938 EDST --- ALL timeframes are in UP mode and downside modes are simply to gain more lots at a lower price, at least until we top when the downside move will be a mama short.
PRESENT SHORT TERM UPSIDE shows 4634 on the 15 min which is the previous high, an impt point to either break or bounce back down from, and looks like it may get broken
oooops -- watch out at 4627 for a short reversa -- boo ! was nothing
4631 next resist point of meritl and now showing 4644
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mp6140
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Mp -- Overnites And Tomorrows
1155 EDST --- present bottom could be 4613 which is the pivot point, of course and thats on the 5 minute need to get thru 15, and 14
15 min chart shows pivot and 4611 below (prob will be a retrace at midnite --- shall we continue, we find 4609 and 4608 on the 30 minute and below lies 4609 and 4608 on the 30 chart and 4605 with 4853. both prob after the midnite retrace[
BLACK BOX FIGURES
DOWNSIDE -------- 4617, 4612, 4607, 4598, 4590, 4583, 4576, 4574 (IF 4606 is broken) and 4427-25 if 4563 is broken.
UPSIDE ----------- 4613, 4622, 4626, 4647, 4642 4650, 4652, 4658, 4664, 4682, 4699, 4701, 4708 (not so sure about the higher upside stuff above 4545 until news released tomorrow --- seems we continue down so we have upside room for news. - --- 4852 shows on daily in time
TREND IS UP BUT PRICE DIRECTION IS DOWN
1155 EDST --- present bottom could be 4613 which is the pivot point, of course and thats on the 5 minute need to get thru 15, and 14
15 min chart shows pivot and 4611 below (prob will be a retrace at midnite --- shall we continue, we find 4609 and 4608 on the 30 minute and below lies 4609 and 4608 on the 30 chart and 4605 with 4853. both prob after the midnite retrace[
BLACK BOX FIGURES
DOWNSIDE -------- 4617, 4612, 4607, 4598, 4590, 4583, 4576, 4574 (IF 4606 is broken) and 4427-25 if 4563 is broken.
UPSIDE ----------- 4613, 4622, 4626, 4647, 4642 4650, 4652, 4658, 4664, 4682, 4699, 4701, 4708 (not so sure about the higher upside stuff above 4545 until news released tomorrow --- seems we continue down so we have upside room for news. - --- 4852 shows on daily in time
TREND IS UP BUT PRICE DIRECTION IS DOWN
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