- Post #1,000
- Quote
- Feb 16, 2012 6:03pm Feb 16, 2012 6:03pm
- | Commercial Member | Joined Feb 2008 | 4,633 Posts
JPY Group - Best Group to Trade 58 replies
Your experience with Forex.com [GAIN Capital Group, LLC] 37 replies
Forex Techniques Development Group 24 replies
FOREX, Robert Gray, FXLQ, and Nfa/ctfc... PLEASE REPOST IN EVERY GROUP 0 replies
DislikedNot many good setups on my radar this week...
Just for sake of sharing:
I burnt my hands a bit playing this EURUSD h1 buob (hoped for gap fill) today and took half loss on it. USDCHF simple and well defined BO & pullback made it a lot better start to the weekIgnored
DislikedWhile everybody waits for Eurchf barrier to be tested there is something interesting going on elsewhere Hong Kong Dollar USD peg band being aproached @ 7.750. I was surprised seeing my broker provide more then reasonable spread on this pair. What could make it break after over 6 years of price respecting it.Ignored
DislikedPrice has reacted, but it missed my orders by the few pips, it happens, time to delete and move on to the next.Ignored
DislikedA simple price action trade - in this case:
(a) noting the SNB scheduled speech,
(b) knowing the positional bias on this pair,
(c) understanding the herd mentality,
(d) thus forming a good probability opinion as to how price should move ahead of the speech - and acting on it.Ignored
DislikedGood one!
I wanted to sell it after the rumors about peg move to 1.22 went to toilet but talked out myself of it.
Got this one short just couple of minutes ago (D1 PB &EU @ support UCHF @ resistance and most important of all "send USD down the drain" Bernanke speach in 1 hour)Ignored
DislikedSome Technical setups on the watchlist:
UCHF - Technical confluence @ 0.9095
GJ - FTB @ 119.05
AJ - FTB @ 80.15 (a short @ 81.40 is a possibility too)
ANZD - Technical confluence @ 1.2833
CADCHF - technical confluence @ 0.9005
Watching the EAUD wedgeIgnored
DislikedThe power of technical confluence....daily S/R, 50% fib off a major daily swing, chances of price falling through - very low.Ignored
DislikedCurrent active setups looking at are:
1. GNZD daily breakout of support - looking for a retrace entry to 1.8895 area.
2. CADCHF - daily breakout of resistance - looking for a retrace entry to 0.9175 area
3. CADJPY - daily BUOB and breakout - retrace to 78.10 area.
4. UJ - daily BUOB - looking for a retrace tomorrow to 78.20 area - at last my long bias is playing out (it seems) after the shock of FOMC was absorbed - clear weekly break of the long-standing TL last week was a good bullish sign for this week.
Have a few other things on the...Ignored
DislikedSL was hit on remaining CJ position, still in UJ long.
These charts look very interesting to me - both are similar to the UCAD daily setup from yesterday which was a great trade setup if you know how to look at price action properly.Ignored