Don't overlook the link below:
http://forums.dynamictrend.com/showthrea...4#post2374
- a small triple top has aborted on very short TF.
- They will retrace & regroup likely at 1.3140 to attempt the triple on larger degree.
- Energy,is going up having closed its retracement suported strongly in ime & price at 58$.
- Gold has the identical behave
- This could suggest that the triple Top will be broken. Triple tops are made to be broken...-
))
on a higher degree quadruple top broken, almost Double top to the max.. Its a really hot point 1.3215 as said.
DONE, 1.3250, here is propelled towards nice highs. As some clues were suggesting at the very end
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fabrizio Wrote:DONE, 1.3250, here is propelled towards nice highs. As some clues were suggesting at the very end
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AT THE PRESENT TIME THERE IS JUST A MAX UP ONLY TO 1.3280, little above the sensible level from the highest high of 2005.
Now is seated right on that sensible level: 1.3215-1.3225 is obviously the resistance area.And supporting now.
Has been a good week for bulls, Smart Money might have harbored some profits to close the month, pushing usd to long time lows.
Don't stick just to TA:
- will Europe be able to tolerate an expensive Euro ? Could help in paiyng energy tickets and boost energy sector end of year already huge profits. But say goodbye to Euro Export. Expecially in US.
- Something is going to happen since this move is Totally speculative and not structural.
keep crawling up, new max @1.335 and ranging
Ecb announcements will likely confirm the strenght of Euro.
All the rest will follow, although a little weaker GB could not be as much attuned to the north as should
AMOF, technically, nightwise came out from from the swamps of sideway but unable to take away 1.9710 Double Top. whilst Euro virtually did it ( 1.3319) but pushed slightly back again.
Bias is north
Seems like there will be no hike (thanks God) in ECB so no strenght in EURO.
now back on old supports 1.3275, 1.3255
fabrizio Wrote:Seems like there will be no hike (thanks God) in ECB so no strenght in EURO.
now back on old supports 1.3275, 1.3255
Unfortunately the constant incompetence of ECB bankers is once more evident.
25 BP up.
Good afternoon
nice triple top on spike @1.3322, than rejected back to the maginot line @ 1.3286 - 1.3280 level.
Nice intra currency spread : Short in hefty profit on GBAUD and long on GB in loss. Perfectly Neutral (spike apart)
Nice trade: it came little late but the reaction was technically due.
The GBPAUD was the main trade suggested by a perfect setup from DT.
The spread with GBP was almost mandatory: no increase from UK on pound , and +25 BP from ECB on EURO. GBP follows EURO so was a double...macro point of strenght for GBP .
PS:yesterday in the below linked thread
Quote: Off the records: just via simple charting:
- tgt up 1.9765
- tgt down 1.9585 (another AB=BC or 3drv bottom)
if broken :
- up: double top at previous high 1.9855 via various resistances
- down: double bottom previous low 1.9431 via various supports
http://forums.dynamictrend.com/showthread.php?t=364
1.tgt low reached @ 1.9529 so far
2.tgt high reached @1.9728 so far
---------------------------
Quote:so Far The Level Ahs Been Respected But We Are Just On The Brink!! Now They Will Decide To Give The Final Thrust Or....keep It In Range.before Watch At The Double Top Action. At The Triple There Will Likely Be A Pretty Strong Impulsive Break Up.
complicated.
AMOF various setups don't show acceptable RRR .
Up
This Shows How With Charting And A Proper Use Of Constant Monitoring Of Dt, Structure Can Be Likely Defined.
Once Known The "what If" Levels, Than Trades Are Even Safer And/or More Rewarding.
Good Day
Ok
- stay within the topic of the thread. So if EUR A0-FX talk only of that or correlated items.
- Thus , open a new thread in STOCKS or in FUTURES if topic is that
- Kindly do not jump into the occasion & strategies and into the EU at the open: no ego it is simply because there is a fil rouge which could be verified and used (for good and bad, indeed )by the bystanders.....or at least this is the intention
- opening different own threads is useful for everyone: will rev up the discussion and each can use them as a future reference for improvements.
- post isn't difficullt just save charts in .png and manage them through the attachements... manager.
- follow the guidelines , have a strict and repetitive mental structure/approach: top bottom, top bottom.
- Define YOUR TF!!!!!!!!!!!!!!!!! aka what rooms are you more available to trade!!!!!!!! D or S ?
- DO NOT OVERTRADE: DO NOT JUMP ON TOO MANY INSTRUMENTS. It will drain your emotional stock and will outfocus your vision.
- Do not jump from matrix to trade: use the reverse fashion. Ubderstand the structure and direction( Bias) find the candidate sectors, and use the matrix/es for quick stock picking consisytent with the premises(bias) ; indeed for the time being.
- As a basic reference use Marc step by step procedure or ...(humbly)mine exposed into the post number of EU occasions and strat thread ; you can find it herebelow, but what counts more are the charts of DT .
good night
Quote:01-04-2007, 02:48 PM #13 fabrizio vbmenu_register("postmenu_2709", true);
Dynamic Trend Member
Join Date: Dec 2005
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1 Hr. Before Us Open
Top Bottom Analisys:
Before The Us Open
- assess The Es Globex Trend
- verify The Rotation Daily
- verify The Rotation Shorter Period
- verify The Groups Canditates To A Long Setup
- verify The Dax And Et Trend ( Which Will Be 8 Out Of 10 Consitent With The Es Direction)
- verify If In The Groups Candidates There Are Setup Stocks in rooms from SA TO SD (use Trade Balance)
- For th time being use TOUGH Criteria . Not less than RF14/STARS 4/RRR 1.6-1.4/ RI 1. ( send them to watch window as a future reference)
- Verify charts and risks + structure.
Keith, I am really sorry, I was trying to move your post to a better location and I think I accidently deleted it by mistake. Could you repost it again but in the stock location where it is called European stocks. I promise to answer those questions as soon as possible.
Fabrizio, my friend I am extremely sorry but I accidently deleted some of your posts when I tried to copy that Euro/USD Forex thread to here and make two threads. I am trying hard to remedy the situation but it looks like some of those posts I cannot reproduce. Again, I am extremely, extremely sorry.
- Marc
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Marc, Fabrizio - Appreciate the feedback. Digesting and would like to post some charts - so I guess I have to read the FAQ to learn how to do so. I do a lot of confuser things but I am not familiar wiht the .png format.
We are looking to increase our assessment now of EUStocks - so the comments in this area are indeed most welcome.
Currently looking at some recent plays including:
LONG:
nl;REN - PB- Reed Elseiver Long (bit concerned as no strength in the trade hat but the rest seems to look OK)
gb;IHG - SC and SD - Intercon Hotels (looks good and might jump in on already started trade - as we retraced to below the trigger for the SC.
gb;MAB - Mitchells and Butler - PA already triggered but oscillating ± trigger area.
We liked and took the USDCAD play this AM - as good Canadians - and if the FED speakers can just be a little less vocal - things might be a bit less volatile.
3 Questions:
1- When a Trade Triggered??: Do we know when these plays were triggered in terms of time - can we just take the number of squares filled and figure that 1 of the 4 squares equals 25 percent of the eg 2 weeks...
Guess once the arrow is in the bulls eye - then it has started - but it seems to take some time sometimes.
2- Retracing to the downside of Trigger Positions: We are not clear about getting in after a trade has reached its trigger price and then retraced. We might choose and be pleased to get in at a retraced level if the support and trend are still good overall or else - should we just not bother and move on??
Seems to us that the logic of getting into a triggered trade holds if you believe in the overall trade momentum and you are just following up to secure an improved or for example, doubling up on the entry position.
3. Asterisks - I read the FAQ - is there any way we can only look at non-asterisk situations?? Seems to me that we are not understanding the point of the asterisks if we are to ignore them. Are they supposed to be like warnings - and - do they ever disappear quickly??
Thanks and I will look into the .png format.
as per YSTD conversation with keith abouT euro PA:
- 1.3031 was a critical point: if broken would fetch euro up to the relative max
- if rejected would have push it down to 1.29 area
as a matter of fact went up to 1.3027 than rejected to the first logical support at 1.2976
CVD
[ TRADING ISN'T ROCKET SCIENCE....: WITH DT IS EASIER TO ACCOMPLISH YOUR TGTS WITH MINIMAL RISK]
Now, without triyng to devine the future let me tell you were would be likely headed EURO.
Disclaimer: always probability, never certainity.
We have likely 2 steps ahead: a retracemebt to 1.2960 (may have been the one we have seen already) and an impulse to : 1.3075.
Step by step.
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