Eurusd/gbpusd - page 385

 
firscall:
It's interesting that the FV value model has produced a number which is very close to the forecast weekly high!

I'm starting to see how this week may develop.

I see the weekly forecast high been hit first. After which I see a continuation of the recent sell off. The weekly high has to be hit first, contain price then there has to be a test of the weekly low area to confirm the continuation. If the price action plays out like the above then it should be safe to hold the position until the end of next week.

after hit 4265-80 drop down around 4010?

 
firscall:
It's interesting that the FV value model has produced a number which is very close to the forecast weekly high!

I'm starting to see how this week may develop.

I see the weekly forecast high been hit first. After which I see a continuation of the recent sell off. The weekly high has to be hit first, contain price then there has to be a test of the weekly low area to confirm the continuation. If the price action plays out like the above then it should be safe to hold the position until the end of next week.

from where?

 

1.4304 1.4173 0.0131 14:25:00

1.4312 1.4167 0.0145 14:30:00

1.4305 1.4165 0.0140 14:35:00

1.4300 1.4164 0.0137 14:40:00

1.4295 1.4166 0.0129 14:45:00

1.4294 1.4167 0.0127 14:50:00

1.4290 1.4156 0.0134 14:55:00

1.4300 1.4162 0.0138 15:00:00

1.4300 1.4151 0.0150 15:05:00

1.4321 1.4150 0.0171 15:10:00

1.4326 1.4146 0.0180 15:15:00

This is a good area to go long. If there is an inside bar on the 5min I'll be pulling the trigger with a SL at 4125.

I'm still waiting for the inside bar.

 
avi1:
after hit 4265-80 drop down around 4010?

Yes that is what my models suggest.

 
avi1:
from where?

4280-4310....

I've entered my long. There was no inside bar so more risk.

 
avi1:
good morning all my week no.gu 6141 6081 eu 4191 4131

eu 4191 long short tp1 35p , tp1 37p

 
avi1:
eu 4191 long short tp1 35p , tp1 37p

bug ! only 50p

 
firscall:
4280-4310.... I've entered my long. There was no inside bar so more risk.

m8

very nice enter!

 
avi1:
m8 very nice enter!

Thanks. Let's hope it goes up 100 pips...

Your numbers are working very well!

 
firscall:
Thanks. Let's hope it goes up 100 pips... Your numbers are working very well!

4131-4191 (its around today range) xb r-4253 ,s-4021

Reason: