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- Kambooj replied Jul 25, 2013
1st Choice Lot size small: Sell @ 3225-3250 region Stop loss 3310 Target 3050 2nd Choice Tighter trade Can be with bigger lot size. Sell @ 3225-3250 region stoploss 3270 target #1 3160 Target #2 3050-3070 region Wait till after 11:00 AM, another ...
- Kambooj replied Jul 25, 2013
EUR The angle shift being maintained here on the daily chart still is a warning of hidden impulsive intentions downwards. Previously on July 11 and July 22nd the angle shift was respecting the T1 trendline, but it has shifted slightly. Its still an ...
- Kambooj replied Jul 25, 2013
Its still worth it in my opinion to do the same thing you did before.
- Kambooj replied Jul 25, 2013
EUR/USD Outlook This pair has been stuck in almost a 70-90 pip range for too long. The only times where this happens is around christmas times. Even after 2 days of waiting for this pair to make a move, there has not been any substantial progress. ...
- Kambooj replied Jul 23, 2013
EUR/USD Outlook We should see a break downwards within the next 24 hours. We are within the Grey region of the blue circle and price action has showed a decrease in progress upwards as its spending more time in that region. This behaviour is further ...
- Kambooj replied Jul 22, 2013
No comments yet, I am just watching the 3205-(3215 / 3220) Zone for now
- Kambooj replied Jul 22, 2013
You are on track so far
- Kambooj replied Jul 22, 2013
I dont think it would even go that far. I am waiting to see the high of 3205 get broken. If it does get broken my perspective is only that it is allowed to do that by 10-20 pips, if it does more than that, I will definetly stay out of the market for ...
- Kambooj replied Jul 22, 2013
EUR Still believing a turn around on the hourly chart will happen. Here are the reasons:
- Kambooj replied Jul 22, 2013
EUR Update Here is my take, still risky to go long, but lets see what happens. Today is the super full moon, so there will be a nice reaction either way.
- Kambooj replied Jul 19, 2013
EUR Update Here is my comments on both currencies: I am waiting to see how 3205 will get broken on the EUR/USD. If the last wave of whatever formation that is heading that direction slightly falls below 3205 even by 1 pip, then the size of the drop ...
- Kambooj replied Jul 18, 2013
Thanks for sharing, and best of luck on your trades. Would be interesting to see both of these pairs what they are going to do in the coming week.
- Kambooj replied Jul 18, 2013
Thats a lot of movement upwards. Its hard to tell for me right now to say which way its heading, because its hitting on the south pole of a huge circle that has been successful in the past in rejecting motion downwards. If its gonna go that high, we ...
- Kambooj replied Jul 17, 2013
Hesitation around a trendline usually means that that particular trendline will be broken. Its only 1 day of hesitation that has past. If we have 2 or 3 days then your upward scenario is going to work. Right now because of the angle shift on the ...
- Kambooj replied Jul 16, 2013
More than welcomed
- Kambooj replied Jul 16, 2013
Yes, 2807 will be a minimum reach, and also the region where there will be a lot of doubt and hesitation as to whether lower lows are expected. I suspect that if it gets there it will be rangebound for a while, but then dipping lower to hit either ...
- Kambooj replied Jul 16, 2013
From a quick look at USD/CAD I see a upward movement to 1.06, but havent look at more details to be more specific. Thanks for pointing it out.
- Kambooj replied Jul 16, 2013
Great, thanks, sorry for the late reply, didnt see the post few hours back.
- Kambooj replied Jul 16, 2013
EUR Expecting a rather strong spike downwards. The shifting of angles as shown in the chart below is only reinforcing a faster spike down.
- Kambooj replied Jul 16, 2013
EUR Update Here is additional information taking into consideration the daily chart: