CME Euro FX Futures 6E


  • 5
  • koolblue
  • 28-Jan-2011 at 8:47 AM
  • Rep: 48.6k
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Red, sorry ,i was already asleep when you posted!.. I haven't had much time to look at it, but the daily chart indicates 1.3826 coming. Cycles are not very clear.... here's a real short term peak (10 min chart).. id be buying anywhere around the lower prc band...
Click image for original size
1116
  • 0
  • CharterJoe
  • 24-Feb-2011 at 8:15 AM
  • Rep: 4,475
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I think I use them different that most do, take the Eur/Usd for example trading above the PP but below R1 thats slightly bullish to me.
  • 2
  • redsixspeed
  • 24-Feb-2011 at 9:04 AM
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Originally posted by CharterJoe

Red its ez, Take yesterdays range divide by two add that to the high and low and then find the 50% price thats the pivot point...the price added to the high is Resistance #1 and do it again is R2 subtract from the low it is S1 and S2 been using them for years. Used to be only pit traders that did these numbers.

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Yes I have done that. I didn't call it pivot, I didn't call
it anything I don't guess .. LOL ..
  • 0
  • CharterJoe
  • 24-Feb-2011 at 9:54 AM
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dbl top? Nice reversal on the 30min. scalping shorts till we get too targeting 3727. After the 10pm news that is....
  • 2
  • redsixspeed
  • 24-Feb-2011 at 11:26 AM
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Click image for original size
chart2


up volume looks bull .. chart looks weak
  • 0
  • redsixspeed
  • 24-Feb-2011 at 11:31 AM
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sorry bout that .. click on the chart and you can see what I
was trying to show which is the up/down volume
  • 0
  • CharterJoe
  • 24-Feb-2011 at 12:02 PM
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Plenty of good scalp trades since 10:00. 7 x 30min overlapping gonna break out soon.
  • 3
  • Lorn
  • 24-Feb-2011 at 12:12 PM
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Red, here is a cumulative delta chart on the 6E set to 30 min time frame. Definitely showing selling pressure but prices not budging.


Click image for original size
eurocd02242011
  • 0
  • redsixspeed
  • 24-Feb-2011 at 12:25 PM
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as long as we are above 1.3781 that is bullish to me
  • 0
  • koolblue
  • 24-Feb-2011 at 12:28 PM
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  • Posts: 16k
1.3845, then eventually 1.3858, the test of the recent high
  • 0
  • CharterJoe
  • 24-Feb-2011 at 12:28 PM
  • Rep: 4,475
  • Posts: 2,352
Originally posted by redsixspeed

as long as we are above 1.3781 that is bullish to me


LOL ....are you long at 781??
  • 0
  • redsixspeed
  • 5-Apr-2013 at 11:17 AM
  • Rep: 4,111
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At $85 billion/month, it cost Bernanke a little over $1 million for each job created last month. Well done, professor. -Tim Knight
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