Mp | Intermediate Term Points E/U

[mp6140]

Mp == 6.12.2011

oh me oh my oh golly !

presently 4327 was a wonderful reversal point BUT after any ascent, i believe we will then go back down to 4179 (well, the black box says so anyway and the charts agree, so unless my ferret disagrees VERY strongly, I shall hold with those figures.)

Now I gotta admit I do look at Sieve's column, (he's a good guy afterall) just to see what he is saying and today he spoke of 1.2700 area and if anyone remembers, way back when I started this, I stated that point HAD NOT BEEN HIT and should have been ---I cant say it will happen, but the thought has been with me for a long time and I just wonder, especially if he is taking note of the possibility.

So anyway we are presently at a half way point (4413) that is ALWAYS interesting (and dangerous, btw) --- the present range at this halfway point is 4483 to the UPSIDE and 4179 to the DOWNSIDE.(which is almost a perfect 100 pips so absolutely normal for EU) --- presently appearing is 4250 (H4)

the "NORMAL" scenerio for activity at this point on the chart is very ragged trading , both up and down with a final move (often after a week or so) of BREAKING DOWN to the 4179 TP point --- other words, we get a lot of wide range trading going on which is also consolidation (and fun for the scalpers and short term traders and utter frustration for the long termers)

OK, so we have the overall scenerio and now one has to give a little time to figure the sunday/monday activity which should also follow its normal routine --- believe it or not, theres a LOT of normal routine in forex, at least up to the point where it isnt and fools the living heck out of one.

SO I get back as soon as I put on the WIZARD outfit, spin around a dozen times, and sharpen the magic wand.

SEE YA SOON !

enjoy and trade well

mp

 

[mp6140]

Mp -- 6.12.2011 Intradays

1232 pm edst --- no radical changes from below --- presently trending to 4301 4236 (4221 very possible) with upside still showing 4375 as long as we break 4349 (fridays close)

DAILY CHARTING
UPSIDE ---------- 44032
DOWNSIDE ----- 4301


SUPPORT AND RESISTANCE INTRADAY
ONE MINUTE CHART
UPSIDE ---------- 4342, 4349
DOWNSIDE ----- 4333


5 MINUTE CHART
UPSIDE --------- 4346 with reverse possible at 4345
DOWNSIDE ------ 4330, 4327 and possible 4325

15 MINUTE CHART
UPSIDE ---------- 4351 with a possible 53, 55, 56
DOWNSIDE ------ 4306

30 MINUTE CHART
UPSIDE ----------- 4369 with reversal at 4356 likely
DOWNSIDE ------ 4285

60 MINUTE CHART
UPSIDE ----------- 4360 and if broken 4387
DOWNSIDE ------ 4285

H4
UPSIDE ----------- 4346, 4357 NO AGREEMENT here and i havent a clue why.
DOWNSIDE ------- 3940

I LIKE THE 15 MIN CHART TO THE DOWNSIDE then upside on the 15 and 30 and downside on the 30




1118 PM EDST --- was enough momentum to break the reversal point -- watching 4330 for reversal on 15 min chart --- 4336 possible small reversal on 5 min chart

anticipate upside moves at midnite, edst


1102 pm edst --- caution below 4243 - 41 watching for reversal here



1030pm edst --- probable reversal down at 4369 - 70 unless well broken as trend is still UP at the moment on the 5 min chart

BOTTOM presently and still showing 4238



B]
916 pm edst --- 9pm reversal should last until 1030pm at which time we should continue back up to 4362 (15 min chart) again as market trend is presently UP on the 15 and DOWN on the 30

DOWNSIDE 4329, 27, 24, 21, 19 AT THE MOMENT [/B]




832pm edst

presently showing 4371 TOPSIDE AND 4310, 4256, 4239 DOWNSIDE with DOWNSIDE TREND IN PLACE

4326 is a bounce point after going up and coming down again as a SAFE position although i do believe we go lower

on the DAILY, a "possible 4047 when the dust clears but dont bet the farm just yet

given time to go down and then come back up again, perhaps tomorrow, we should see the pivot at 4403 hit and then another downside move to 4308 (there's that 100 pip thing again)



1251 edst

normal forex is open UP which does not last, and then continue down later

if we can break the present resistances at 47, 49, 50, 52 we "should" top at 4355-56 on the 15 min chart then back down to 4327

 

[mp6140]

Mp -- 6.13.2011

518 PM edst --- 4458 SHOWING NICELY with 4493 waiting in the wings but be prepared for downside reversal after the rollover

201 EDST

sorry folks, but I couldnt get on the site since this am, but what the heck, you got all the figures anyway and they seem to be working OK

PIVOT at 4406 with 4454 presently showing with a possible 4497

DOWNSIDE ----------- 4344 which is previous days close

DAILY CHART
UPSIDE ----------- 4462 with 4491 showing
DOWNSIDE ------ 4304

 

[mp6140]

Mp -- 6.13.2011 -- Overnites And Tomorrows


Remember, I told ya this half way point could be either mass frustration or a lot of fun, depending on your choice of chemicals !

so the quickie version tonite cause i feel like a quickie - - - -

PRESENT SHORTER TERM TRENDING CHART

UPSIDE ------------- 4445 (nice safe trade), 4455, 4465, 4475,
4495 PRESENTLY SHOW AS CONSERVATIVE TRADES
4505, 4561(30 min chart), 4572(60 min chart) SHOWING, BUT A TOUCH SCARY METHINKS --- tomorrow will show just how chicken I really am !

DOWNSIDE -------- 4422, 4412, 4405, AFTER THIS I GET LEERY UNTIL LATER
4397, 4391, 4369, 4320, 4295,

 

[mp6140]

Mp -- 6.14.2011

couldnt get onto the site again this am --- anyone else have that problem ?

anyhow, present trend chart says

UPSIDE --------------- 4519
DOWNSIDE ---------- 4480, 4458, 4431(a reversal point),

looks like we entering the area I was too chicken to place last nite

 

[mp6140]

Mp -- 6.14.2011 -- Overnites And Tomorrows


1204 edst --- DAILY trend presently showing only 4452 for topside 4404 shows REVERSAL point


PRELIMINARY overnites

DOWNSIDE ------------ 4405, 4401,4381, 4377, 4371 --- a "possible" 4369, 4356 and REVERSAL at 4349 is showing but 4377 appears "safe"

UPSIDE ---------------- 4416, 4420, 4425, 4427, 4430, 4435 (PIVOT), 4438, 4443 (prior days close and todays open) 4456 if we break 4444 and 4507 showing as a very nice final if we stretch that far (which "could" be tomorrow) --- PIVOT at 4438

BLACK BOX TRADES
DOWNSIDE --------- 4377(H4), 4306, 4301, 4298, 4306, 4305,
UPSIDE ------------- , 4404, 4416, 4412, 4410, 4431, 4695 (H4)

SELECTED NUMBERS (different color in an upside or downside range of numbers) is what is showing as PRESENTLY safe ---- as the nite goes on, the "safe" numbers change depending on the direction the price is moving but are not necessarily the FINAL numbers that will show in 8 hours. For that, I depend on the trend, DAILY and black box numbers and seek agreement, which is usually where we go

 

[kmf1414]

thanks again for taking the time to put together these numbers for us..

 

[mp6140]

Mp -- 6.15.2011

if we reverse at noon, anticipate 4228, 4235, 36 but looking like downside continuation


1133am edst ---- 4199 shows on 15 and 30 min



1136am, edst ----- IMPOSSIBLE to give you every point thru this medium but for a trader THIS IS THE GREATEST FUN POSSIBLE !
watch out at noon for another "possible" reversal although momentum is very heavy now that europe is still trading --- at noon, they stop and things usually get different.




1044 am edst
upside movement showing reversal at 4291 with continued upside movement

FOREX or any other trading instrument has certain IF/THEN rules --- (IF the price goes up 1/2 hour before 1030am, THEN it should go down after 1030)
In this case the price went DOWN on the news at 1000am and before 1030, so we expect the price to reverse after 1030 --- now this can be altered by momentum, which will overpower the silly rules, but only by stalling the movement to another time, which is usually the european session.



950 am, edst

DOWNSIDE ------ 4236
UPSIDE ---------- 4280 WITH strongly probable 4305, 4311, 4314, 4339

WATCH OUT FOR NEXT NEWS AT 10AM which may go to the downside immediately or at 1030 am

 

[mp6140]

Mp -- 6.15.2011 == Afternoon

154 pm edst --- although i think i gave the downside numbers a few posts down, PRESENTLY short term trend chart shows 4132, 4123, 4097 and i bet theres more after that, although we due to go up for a while after the rollover, i would imagine




while i wouldnt take the trade this instant, 3662 IS showing

1229pm edst, presently making for 05

1234 pm edst --- anticipate violent downturn soon

 

[mp6140]

Mp --- Xtremely Important

due to the flagrant screwing the new regulations have caused, even the Swiss are being forced to comply, which is one heck of a surprise to me

as of July 16, 2011 all present customers will be forced to use USA rules EXCEPT for a specific few.

towards that end I will be assuming the title of "Commodities Advisor" and charging for my services, but HOLD ON A MINUTE.

I do all of this to help others as part of my "pay back" to the world for all the wonders it has given me over the years and so, while I HAVE to charge, no one says WHAT that amount must be - - - - -

I was thinking of a figure, perhaps a DIME a week or should we round it off to 50 cents a month (hey, I may as well make a profit here)

I dont want to, but the federal regulators have MADE me do this, but it doesnt mean you have to suffer for it

any feedback ??

mp