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- Z3iz3i replied Aug 26, 2010
Heh.....i really cant play this as a bear flag even though its slowly drifting down. I wonder if there are pending buy orders around 1.2690-98...
EURUSD
- Z3iz3i replied Aug 26, 2010
Hard to say, EUR crosses are well up and EG too, i based my view on that. Crude as well, not seeing much downside now....
EURUSD
- Z3iz3i replied Aug 26, 2010
Big wedge forming (for upside i suppose) approx 30 pips....at 5min tf
EURUSD
- Z3iz3i replied Aug 26, 2010
If this bear flag cracks down in 1min tf at 1.2685-90 it will be a journey to 1.2660 and revaluation. Edit: turned to bull
EURUSD
- Z3iz3i replied Aug 26, 2010
Hey, look at the investopedia or google ASI. Its better you read yourself than me explaining, i should be busy right now
It has nothing to do with overbought/oversold, thats for Stochastic.EURUSD
- Z3iz3i replied Aug 26, 2010
I use it to pick up bottoms and tops. If it sentiment changes i have plenty of time get away from a trade with profit. It is extremely accurate when there a difference with price and indicator compared previous significant tops/bottoms. You can kind ...
EURUSD
- Z3iz3i replied Aug 26, 2010
It was going up when i wrote, it turned sharply though. And EU is trying to accumulate again for another go north...
EURUSD
- Z3iz3i replied Aug 26, 2010
In 30min timeframe. Use ASI (accumulation swing index) just for breakouts, fake breakouts and possible reversal points. Its usually available on any platforms. It saves a lot of headache....if you just remember to use it

EURUSD
- Z3iz3i replied Aug 26, 2010
Was way too sloppy and did not check out bigger timeframe to see accumulation in 30min.....well, i wrote in the paper now beside my desk on the wall.

EURUSD