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Mp | Intermediate Term Points E/U

Discussion in 'Market Predictions and Reports' started by mp6140, Dec 23, 2010.

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September started way of trading - anyone ahead at this point after the new regs ?

Poll closed Jan 17, 2012.
  1. Its never been easier

    0 vote(s)
    0.0%
  2. Who do I shoot ?

    2 vote(s)
    66.7%
  3. Money, whats that ?

    1 vote(s)
    33.3%
  4. I havent a clue as to whats happening out there

    1 vote(s)
    33.3%
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  1. mp6140

    mp6140 Recruit

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    mp -- 5.9.2011

    1300 ZULU -- HANGING MAN CANDLE appears on USD Index, forecasting reversal pattern which would be end of present price direction on EU and return to an upside move.

    have reached previous close and previous low on todays price movement with price now retracing to a possible 4336 and then downside continuation


    1826 ZULU -- present range for the 15 min chart shows UPSIDE -- 4346 and DOWNSIDE --- 4314 which is below the pivot and ends at the previous days low we then face a continuation UP which will hop on the 30 min chart later, which shows more upside AND downside, but Im kinda careful about downsides at this point

    2115 ZULU -- upside continues to include the pivot and prior close at 4371 with downside rising up at 4350 presently and indicators pointing UP

    Dollar Index has turned NEGATIVE fully so EU should react by moving back up again


    0230 ZULU -- present RANGE showing on daily chart
    UPSIDE --- 4381 (covers pivot nicely
    DOWNSIDE --- 4303 (how many times we hit this one you think ?)


    now i gotta put out some thoughts here --- 4383 represents a strong trend line that (under normal conditions) should cause a bounce back down to (in a few days) 4129 but the change in the dollar index has me worried about a downward continuation unless the index itself shifts which places this short trade as one I must be very careful about (roughly translated, it scares the living - - - - - out of me !

    although the RANGE goes down to 4302, little black boxes have been known to have electronic hiccups before, and a super dooper little indicator is presently indicating the downside to be no more than 43372, which is where we have had support for the past week so I ADVISE NOT TAKING A TRADE BELOW THE 43372 at this moment.



    0349 ZULU --- PRESENT RANGE CHANGING

    upside 4417
    downside 4265 followed by 4159 possible upside reversal at 0400 ZULU moving to pivot at 43533
     
    #51 mp6140, May 9, 2011
    Last edited: May 9, 2011
  2. mp6140

    mp6140 Recruit

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    from the fundamental side, and i aint no fundie, but the price is being pushed down HARD to be low when news is announced later today (tues), which "usually" means, after some playing for half an hour to an hour, the price REVERSES from this present move --- thats "normal" so lets see what happens


    0500 zulu -- present DAILY downside showing 4322 with a possible 4257 and should we continue down, 4165, 4147 and 4128 UPSIDE to 4365

    should we actually visit 4240 that would prove an excellent upside reversal point



    15 min chart
    downside -- 4306, 4289
    upside ----- 4325

    30 min chart
    downside ----4290
    upside 4327

    60 min chart
    downside ----4288
    upside -------4346

    H4 chart
    downside -----4284, 4280
    upside -------- 4370
     
    #52 mp6140, May 10, 2011
    Last edited: May 10, 2011
  3. mp6140

    mp6140 Recruit

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    5.10.2011

    1430 Zulu -- I Loves It When A Plan Comes Together !

    1713 ZULU --- at the present time Im sticking with the numbers below --- what is always interesting in forex is whatever movement is generated by news, the price will RETURN to exactly where it was, and the direction it was moving, after the profit taking is over --- take a look on a 5 or 15 minute chart and see for yourself.

    1902 ZULU --- present upside showing 4428 with a possible 4442 (prior days high) and in a stretch, 45214 (but keep the mortgage money safe on this one)

    DOWNSIDE shows pretty much what weve said for a while with 4271 strong support and 4187 presently --- presently holding 4271 TP point


    0136 ZULU -- present range showing 4449 upside and 4306 downside with 4378 (pivot point--43633) as midpoint in range
     
    #53 mp6140, May 10, 2011
    Last edited: May 10, 2011
  4. mp6140

    mp6140 Recruit

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    Mp -- 5.11.2011

    0423 ZULU
    upside -- 4432, 4440, 4443 ---- 4513 if we break 4443, but I expect reversal at 4443 area
    downside very limited at this moment --- 4398 although the black box lists 4375 as middle point of range (very probable) and 4305 as bottom, which I wouldnt go for at the moment

    next resistance areas are 4499 and a probable large scale reversal point at 4566 which I wouldnt worry about today, at the least.


    enjoy and trade well,

    mp
     
    #54 mp6140, May 11, 2011
    Last edited: May 11, 2011
  5. mp6140

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    5.11.2011.

    1402 ZULU -- presently holding all positions as below -- nothing really changed


    1625 ZULU ---- WHEEEEEEEEEEEEEEEEEEEEE !


    4178 HIGHLY POSSIBLE WITH 4234 AND 4204 AS SUPPORTS

    ALSO SHOWING 4166


    1720 ZULU --- for those curious as to why things get so stupid after the Brits leave, while we in the USA are trading against anyone left around over there, we are trading even more with California and Chicago (and if you take the time difference you will see when this fun ends and the Asian world starts their fun.

    2034 ZULU --- downside presently showing 4159 with a possible 4135 before up reversal

    2300 ZULU -- DAILY chart shows 4206, 4175, 4117 and pointing to 4012 at the moment --- going downstairs always requires some caution and remember, as long as we go down, dont trade counter to the trend unless you REALLY know what you be doing

    we are presently TRENDING DOWN, with price moving UP to its topside which can be 4225 --- will return to down price direction later tonite, perhaps as early as asian session

    0200 ZULU -- uptrend continued looking at 4232 area presently, with possible reversal in 11 minutes (1030 edst)
     
    #55 mp6140, May 11, 2011
    Last edited: May 11, 2011
  6. mp6140

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    mp -- 5.12.2011 PRELIMINARY OVERNITES/NEXT DAY

    0300 ZULU -- upside tonite beginning to look like 4249 safe on 60 min chart

    4237 with probable reverseal on 15 min chart to 4215 and possible 4206 and 4237 upside on 30 min chart agrees with 15 with 4206 - 4200 showing on downside

    4248 shows on H4 with reversal down to 4171 also showing, although presently only showing 4198 (prior days close)

    PIVOT at 4261 is a strong possible


    based on absolutely nothing at all, I believe once we top on the 30 min we should head down to 4225 and reverse back up to top on 60 min and then drop to bottom ----- we do that with the 15 also, but usually move from top to bottom and then reverse --- its part of my high wire no net act that ive been practicing
     
    #56 mp6140, May 11, 2011
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  7. mp6140

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    0440 ZULU -- present downside showing solid 41637 with upside presently at 42196 (prior days close) and appears to want the pivot at 42617 and continue slightly up to 42827. There is a slight chance of seeing 4333, but if it should happen we should be able to grab it after dawning in the US.

    :D

    enjoy and trade well

    mp


    Book of Armaments (Chapter 2, verses 9-21)
    ...And Saint Attila raised the sprinkler valve up on high, saying, "O Lord, bless this Thy sprinkler valve that with it Thou mayest blow Thine enemies to tiny bits in Thy Infinite mercy." And the Lord spake, saying, "First shalt thou remove thy solenoid and epoxy the pilot hole, then remove the guide rod, then thread your pilot valve directly to the body of thy sprinkler, lest thou increase thy pilot volume by a single iota, then lobbest thou thy nerfs towards thy foe, who being naughty in my sight, shall procedeth to the gates of reinsertion."
     
    #57 mp6140, May 12, 2011
    Last edited: May 12, 2011
  8. mp6140

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    Mp -- 5.12.2011

    0945 ZULU ---- oh my, oh my, oh my ----- lookie that thing move !

    4100 is showing on daily by gosh ! and 4086 is not impossible, and lets see where the day takes us


    USD INDEX still rising, which means euro falls against the dolla

    1200 ZULU --- DOWNSIDE supports on 15 min chart --- 4160 MUST BE BROKEN FOR REST TO SMILE --- 4150, 4140, 4131 (STRONG REVERSAL POINT), 4128, 4121(also strong), 4120, 4116 ----- remainder shows 4105 but need a large reversal for that one and sitting there, quacking like a duck, is 4090 and it just may not be so far off as it looks

    present 15 min UPSIDE shows 4181 with 4191 highly possible (yesterdays closing price) --- break and we could see 4208 or bounce back down if not broken

    1523 ZULU -- the upside of the program --- 4424 shows a reversal point, but trend is certainly up at the moment with 4240 showing on the 15 min, which usually leads to a reversal --- next time it goes up, 4257 is there and 4299 laughing also --- ON UPSIDE, PIVOT COMING INTO VIEW AT 42617

    2000 ZULU --- all over the place like a swarm of ants "they" sure make it hard for most, dont they ?
     
    #58 mp6140, May 12, 2011
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  9. mp6140

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    MP -- 5.12.2011 -- afternoon

    2000 ZULU --- presently showing upside to 4242 on 5 min chart with 4230 bottom followed by 4238------ REVERSAL anticipated 2100 ZULU area

    0149 ZULU -- PRELIMINARY glance shows UPSIDE 4252 and DOWNSIDE 41957

    these are early returns from the polling headquarters and are definitely subject to change later as trends get more established


    4022 ZULU --- presently showing range of - - -
    UPSIDE ----- 4255 with 4265 strong
    DOWN ----- 4197 (gut feeling says closer to 4179, with 72 and 69 showing nicely) (looking at the charts, we should bounce up from the 4197 area head up to the 55/65 area and come down again to the 4119 area, although not so sure that will happen by tomorrow afternoon (friday)


    one of the reasons i give differing tops and bottoms on the overnites is because of the use of different charting techniques --- the individual timeframe charts are more accurate, but for fast idea of range, there's a particular chart i use and it doesnt react as quickly as do the individual timeframes.
     
    #59 mp6140, May 12, 2011
    Last edited: May 13, 2011
  10. mp6140

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    Mp -- 5.13.2011

    1610 zulu --- what the heck is not to love ?
    \
    4072 shows on the 15 min presently with 4030 showing on the DAILY and 39987 showing on ALL TIMEFRAMES OVER 15 MIN.

    1724 ZULU -- estimated upside points 4116, 4119, 4123 but as always, will be drops in there also

    ITS GETTING HARD TO KEEP UP WITH THE FALL --- as of the present time, the daily chart has placed a bearish engulfing candle signalling yet more downside which is in agreement with the upside DJI and the upside DOLLAR INDEX, but i would advise closing trades before the weekend, just like the smart money, and watching on sunday/monday for an upside move that the smart money will use to cover shorts and prepare for the next downside -- presently 4023 is showing as DAILY downside but should be a lot of profit taking before todays close.

    for those who love to live in the future, the WEEKLY chart is showing a strong 3994 at this moment ---- but the weekly is like trading the H4 --- MANY a move up and down before you can sit down to that bowl of ice cream and to push REALLY into the future, returning to the DAILY chart we see a very likely 3560 but not one to aim for just yet as there's much activity ahead !

    But I've been waiting for this to happen for a while now, and its great to see it finally happening as we were heavily OVERBOUGHT on EU and needed to shift some ballast for a while.


    enjoy and trade well
    mp

    see ya'll on sunday


    "THE OBJECT OF LIFE IS NOT TO BE ON THE SIDE OF THE MAJORITY, BUT TO ESCAPE FINDING ONESELF IN THE RANKS OF THE INSANE." M. Aurelius
     
    #60 mp6140, May 13, 2011
    Last edited: May 13, 2011

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