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- fontu replied Jul 28, 2009
Yes , if it break 1.4120 successfully then again about 170pips down can happen & fail then bounce considerably up. fontu
EURUSD
- fontu replied Jul 28, 2009
Breakout below 1.4120 should continue down movement otherwise all up .news is approaching 4 min, carefull everybody.
EURUSD
- fontu replied Jul 28, 2009
Reaction low to apparent breakout below line still pointing UP for the main breakout .21 min left for the news . fontu
EURUSD
- fontu replied Jul 28, 2009
Breakout of the diamond should be after 53 min , expected downside but experience say UP . fontu
EURUSD
- fontu replied Jul 28, 2009
Which side breakout it can be ? I prefer up as seen most time but pattern reversal. fontu
EURUSD
- fontu replied Jul 27, 2009
Morning all. Surprised see my shorts still in play ,now target chanced to 1.42 and the diamond also working properly. should burst by 3hrs or so with frankfort & london open perhaps . fontu
EURUSD
- fontu replied Jul 27, 2009
I will wait for some time before going to bed . My view now is the diamond that will break up few hundreds pips nextday & in the mean time it will simply move arround the centre line of 1.4225.Big up may be followed by big down if bull totally fail ...
EURUSD
- fontu replied Jul 27, 2009
No patience at all ,busy with other works & running free trades without tension . Otherwise I could pocket much more pips by this time it go up & down ,simply can't tolerate any more tension & follow my signature. fontu
EURUSD
- fontu replied Jul 27, 2009
Continue shorts for this last leg down perhaps & will tp/close at desired level & at the same time gj& gu are doing better now. fontu
EURUSD
- fontu replied Jul 27, 2009
Hope so & it will move arround the center 1.4225 it will reach my target 1.4181 now.next bouncing up should 1.42 fontu
EURUSD
- fontu replied Jul 27, 2009
my shorts still on ,tp 1.4175 though expecting it will bounce to 1.4239 from 1.42. fontu
EURUSD
- fontu replied Jul 27, 2009
imn 1m chart & 5pips sl you can't get much pips except by chance & by luck if it move big in a moment.. fontu
EURUSD
- fontu replied Jul 27, 2009
Perhaps not going much before "New Home Sales" news today 6pm my time & next day same time "CB Consumer Confidence" and hope the diamond be intact. Better do relax by this time. fontu
EURUSD
- fontu replied Jul 27, 2009
sell off & bull fail again & so going down to 1.4180 level I think now . shorted.prices can 1.42>1.4248>1.4180 fontu
EURUSD
- fontu replied Jul 27, 2009
May be & now lets see if this bull can break up 1.4267 succesfully . fontu
EURUSD
- fontu replied Jul 27, 2009
Price duely break again below 1.4270 but still there a bullish set up in M5 tf & perhaps try again at 1.4236 /25 with london open otherwise break below to 1.4176 area. . fontu
EURUSD
- fontu replied Jul 27, 2009
still to come that level & fail & in that case it should go much down not mere 1.40.you are risking your shorts ,should wait it happen first. longs doing well ,I will observe 1.4260/80 level now . fontu
EURUSD
- fontu replied Jul 27, 2009
so support 1.4140 have already near meet & resistant 1.4250 be possibly break soon, what next ? the 2nd resistant 1.4380. hope it come true this time , first to break & hold 1.4270/80 area. fontu
EURUSD
- fontu replied Jul 27, 2009
Yes , diamond is more common & expanding triangle very rare . Now it seems developing a diamond but we will see if it breaks up 1.4270 & hold then triangle hypothesis may stand otherwise back to 1.4187 area again. the centre of the pendulum should ...
EURUSD