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- fontu replied May 21, 2009
5/8 level ? then chance to reach 4/8 for strong support .But bull may at level though . will check MM now . fontu There is a bullish gartley in M5 & chances bounce from 5/8MM & MK's filter also in favour of bounce .
EURUSD
- fontu replied May 21, 2009
Is there a double top in H1 chart for bear till 1.3660? or 1.3706? fontu
EURUSD
- fontu replied May 21, 2009
It seems retest 1.3741 or actually it should 1,3722 for another up if or can start at this level too. so shorts seem risky now . fontu may be a turning point.
EURUSD
- fontu replied May 21, 2009
Still not so convincing from higher chart of H4 &D1 & if ther started down move persist from lower chart then my tp will be min 50% retracement of gartley in h4 as 1.3361, but it will not happen so easily I know . Lower tf bearish butterflies ...
EURUSD
- fontu replied May 21, 2009
Now new development of butterfly bearish in M5,M15 . M30 already & also H4,D1 . and seems last bull movement in action specially H1 & also other TF ,m30 . will close my longs at the top ,1.3841 perhaps now and to start for shorts ,if no other ...
EURUSD
- fontu replied May 21, 2009
Come back after 24 hrs due internet connection problem.There are very big gartley in H4 & D1 with max. D point can be 1.4323 even can be a butterfly later . Also bearish gartley in M30 already payed out and there is bull gartley to be paying now in ...
EURUSD
- fontu replied May 20, 2009
Yes not taking any care of but nothing special here , so it should calm down again to start from reliable support below with proper timing too.still shorts . fontu
EURUSD
- fontu replied May 20, 2009
Weldone . I am still trapped in bear & so no longs .Will wait how far it can go , fast move up will followed fast move down followed by plateau.just waiting & seeing . perhaps it ignores the bear pattern /demand in smaller tf .small lots so I can ...
EURUSD
- fontu replied May 20, 2009
That's true but if 50%fib retracement then 1.3611 & if 61.8% then 1.3605 & even many times it goes beyond. They both seem most possible & safe tp area.but working in small time frame of M5 may be unreliable . It now seems up again to 1.3638 to have ...
EURUSD
- fontu replied May 20, 2009
Thanks for the information & also forexer83, I see some to & fro movements but will wait till the bearish pattern vanish /ignored totally to close my shorts . Yes in M15tf candle close with clear sign that it bounces back , lets see if Mk's sign ...
EURUSD
- fontu replied May 20, 2009
Yes to me it is a bullish set up in H1 but I am looking for some retracement again before it active in the direction , just scalping with risk. So H1 candle close will be decision making here . fontu Yes I see some sign as per MK's filter of ...
EURUSD
- fontu replied May 20, 2009
Taking very risky shorts tp1 1.3605 at this time of london opening shortly though set up lower tf may be totally ignored.price may go upto 1.3647. fontu
EURUSD
- fontu replied May 20, 2009
Bear butterfly again in M5 tf new & so close all longs for now with good profit .
EURUSD
- fontu replied May 20, 2009
Now I see chances of bounce as per MK's filter .Longs build up . fontu
EURUSD
- fontu replied May 20, 2009
here it is active for last few days and new today morning in M30 & M15 .and now bearish one in M5 still active . fontu
EURUSD
- fontu replied May 20, 2009
My short target 1.3589 ( 1.3586 as is 100% fib retracement) of the bearish gartley and may close anytime risky shorts .may change further down though .Below 61.8% fib 1.3604 I will start buy again. Bullish gartley already in action in M15 to H4 tf . ...
EURUSD
- fontu replied May 19, 2009
MK's filter worked very fine at the most cretical moment last night & now I see another but there are bullish gartley in all tf below H1 , D point 1.3585 may be much lower but perhaps want to go up hurriedly. Anyway closed most shorts with profit . ...
EURUSD
- fontu replied May 19, 2009
May be price may bounce from the resistant area now to some extent at least . now see some hope , bearish butterfies .
EURUSD