Astronomy Trading "Trading with the Stars"

[Fmfx]

We need to make all the pips we can now :D

[fxtechnicalstudies]

Hahaha. EUR WEEKLY

Edited September 14, 2012 by fxtechnicalstudies

[fxtechnicalstudies]

Target price 1.31 should be 18th september 2012, 2000hrs to 2359hrs (in my 4hr chart). New York Time(I think), just following my mt4's system time(cos it free!)

[manu1713006157]

FxTech

 

You are saying that after Hitting 1.3150 nearby... we will decline till 1.2480

[Fmfx]

We should see some retracement from eu next week till start of october, then the real fall will start by mid October.

 

Regards

[fxtechnicalstudies]

Not really 1.315 per say. Prob it might wana test the red line first. If there is a failure then target the green line.

Just my opinion.

 

[fxtechnicalstudies]

Prob 1.322 levels. That i would be very comfortable selling.

For this week, if it doesn't break the bollingerband, it would go back to 1.29 levels first.

Anyway this is weekly chart.

Edited September 14, 2012 by fxtechnicalstudies

[fxtechnicalstudies]

looks like price in a hurry to reach there(1.322) in order to form a channel.

[Raveman]

if we choose balance point where trendline broke : (i know we need correct date because of saturdays) ( http://i.imgur.com/lY83z.gif )

http://i.imgur.com/lY83z.gif

[Fmfx]

Nice chart Raveman.

 

I also think eu will fall from mid October.

 

If i may ask what strategy is your analysis based on, or any recomended book ?

 

Thanks in ad.

regards

[fxtechnicalstudies]

Hi Raveman, i have been testing balance points recently and i found out that it often exceeds the end point alot.

[Raveman]

Hi,

thx

Michael Parsons - Balance dynamics

very good technic he have.

Regards

[Raveman]

Hi Raveman, i have been testing balance points recently and i found out that it often exceeds the end point alot.

Hi,

Yes if bigger volume price may go up more but not above 1.33 so we have nice sell areas now :)

[Raveman]

Could anyone answer to my question :

03.2013 will be bottom or top on euro?

what you think?

Could we calculate A-B-C pattern from low to 03.2013 high?

Edited September 15, 2012 by Raveman

[Arsen71]

KorHarmonics show bearish crab on weekly chart up to 1.3220-80,eur should fall apart soon to test 1.2 Edited September 15, 2012 by Arsen71

[Fmfx]

Could anyone answer to my question :

03.2013 will be bottom or top on euro?

what you think?

Could we calculate A-B-C pattern from low to 03.2013 high?

 

actually i cant say, that date is way too far (for me) to forecast, now i can only say eu will buttom on December.

 

Regards

[Raveman]

KorHarmonics show bearish crab on weekly chart up to 1.3220-80,eur should fall apart soon to test 1.2

Could you make a picture? thx ,ampzone down? or where can i get this version of korharmonics i use oldest harmonic patter finder what not draw anything on weekly thx

[Arsen71]

Raven,I use version v6.7.13 and it showed before bullish weekly reversal too, you can download from their site .

[fxtechnicalstudies]

Users of KorHarmonics seem to like S@m Seiden alot. Do you use his supply and demand, Arsen71?

[Raveman]

I think harmonic patterns supply and demand very nice not always for forecast but because of risk reward.

[fxtechnicalstudies]

BTW, has anyone played with ellipse shape before? Was just playing around with it in monthly chart. Saw something interesting. Price for EUR could go back to 1.4 levels. Think price trying to reach 1.333 doji bar in March 2012 for now.

 

Was think mid October 2012 could very possibily start to slightly retrace. But now could be full force to the way up.

[fxtechnicalstudies]

Was playing around with ellipse and 1.333 popped up. Remembered from SQ9, price 1.333 at 45degrees of SQ9. Might be interesting. Just fooling around.

 

Edited September 16, 2012 by fxtechnicalstudies

[Arsen71]

"Users of KorHarmonics seem to like S@m Seiden alot. Do you use his supply and demand, Arsen71?"

No,I don't.

[Arsen71]

BTW, has anyone played with ellipse shape before? Was just playing around with it in monthly chart. Saw something interesting. Price for EUR could go back to 1.4 levels. Think price trying to reach 1.333 doji bar in March 2012 for now.

 

Was think mid October 2012 could very possibily start to slightly retrace. But now could be full force to the way up.

 

Daily RSI is highest for 2 years,watch RSI drop to 20%,then I exit shorts)).

[⭐ Unclepips]

Hi,

 

Wave59's perspective on EURO Daily chart.

 

http://i.imgur.com/5hEJF.png

 

http://i.imgur.com/5hEJF.png

 

So then it looks like EURO daily is concurring with weekly chart on the bullish at the moment!

 

http://i.imgur.com/k87lr.png

 

http://i.imgur.com/k87lr.png

 

We'll see!

 

Bests,

Unclepips