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Old Feb 12th, 2012, 02:01 PM   #265
Xspurt
 
 
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Location: Togo
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Quote:
Quote from cornixforex:

Here is how I see the tone for the next week based on how EURUSD closed on Friday:

http://www.cornixforex.com/2012/02/d...the-trendline/
Here's where I will start my analysis for Monday's open...
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Old Feb 12th, 2012, 10:29 PM   #266
cornix
 
 
Join Date: Jan 2011
Location: Siberia
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Quote:
Quote from Xspurt:

Here's where I will start my analysis for Monday's open...
News from Greece confirmed the technical picture so far. But of course early to tell the real game plan yet, until European traders wake up to trade and then guys across the pond join them.

http://www.cornixforex.com/2012/02/e...usterity-bill/
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Old Feb 13th, 2012, 01:07 PM   #267
LEAPup
 
 
Join Date: Aug 2008
Posts: 6,904
Xspurt, here's some food for thought re one of you earlier posts:

http://johngaltfla.com/wordpress/201...s-in-one-hour/
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Old Feb 14th, 2012, 01:56 AM   #268
Xspurt
 
 
Join Date: Jun 2009
Location: Togo
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Eur wedge
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Old Feb 19th, 2012, 11:51 AM   #269
Xspurt
 
 
Join Date: Jun 2009
Location: Togo
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Quote:
Quote from Xspurt:

Here's where I will start my analysis for Monday's open...
The Eur performs as expected if you have been following this thread. Very simple TA: a Rising Wedge break down and pull back.

The weekend PA allowed me to expect the move down and knowing this pattern usually reverses allowed me to call for a 200 pip move up from the lows as soon as long was signaled on the lower time frames.

Same thing happened in the Dow except it was a little more complex as intraday PA formed a double bottom on clear 60m support pushing PA a bit higher.

All very simple: see the pattern develop, look for the signal, take the trade.
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Old Feb 26th, 2012, 11:26 PM   #270
Xspurt
 
 
Join Date: Jun 2009
Location: Togo
Posts: 1,781
Daily has no sell yet so still hold long. The timing and position of this Doji needs watching as we near the end of the month
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