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Attachments: Spider's Den
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Spider's Den

Quoting EdY95
okay thank you
You see now why i insist on that. U made money by closing shots in profit
EURUSD H4 chart. Pay attention to levels. Dont rush in.

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So, We should wait for break up confirmation or until test support or resistance level? considering latest price action, it was repeatedly jump or spike for killing shorts before gently down hundred pips. what do you think for this time, Sir?
Quoting [email protected]
EURUSD H4 chart. Pay attention to levels. Dont rush in. {image}
sir can u tell me plz about dollar data make dollar strong or weak???
Quoting Red Alert
So, We should wait for break up confirmation or until test support or resistance level? considering latest price action, it was repeatedly jump or spike for killing shorts before gently down hundred pips. what do you think for this time, Sir?
Yes it is best to wait for confirmation. Just do it with lower risk and ull b safe.

Quoting jone3
{quote} sir can u tell me plz about dollar data make dollar strong or weak???
Compared to which currency and which timeframe? Dont forget that NFP result is not bad its just lower then forecast while unemployment claims is better.
Will quote madame Barbara Rockeweller:

"Yesterday the ADP private sector forecast was 237,000. The NYT notes we had 221,000 in April and 280,000 in May. Economists do not expect June’s total to be that strong — the consensus calls for a 233,000 increase — but anything above 200,000 is considered healthy. So here we are again, defining the tipping point as 200,000. A number under that is dollar-negative and a good number over 230,000 is dollar-positive"
thank´s for the info T tha´t all a can say thank´s those coments make my life easy on this keep on the good work
be calm be patient and logic
Quoting guguxpto
thanks for the info T that all a can say thanks those coments make my life easy on this keep on the good work
You are welcome
Hey Tarantula, what do you think of the bonus? are you trading with one? I have found a few attractive offers here http://forexbonuslab.com, but I am not sure if I should switch a broker because of the bonus. What's your opinion on it?
Quoting nolimitz
Hey Tarantula, what do you think of the bonus? are you trading with one? I have found a few attractive offers here http://forexbonuslab.com, but I am not sure if I should switch a broker because of the bonus. What's your opinion on it?
yes, the bonus is a;ways a good thing. You can always try to get the bonus but with a REGULATED broker. I prefer ECN. Which broker are u with atm?
Due to impending Greek referendum and recent developments with Greece vs EU negotiations, there is a possibility of huge market volatility and thin liquidity which will cause abnormal spread widening and gaps. Also brokers should protect themselves by raising the margin requirements which should be applied on both pre-existing positions and on new orders.

Greek referendum should take place on Sunday, July 5th. Please review all trading positions and insure that your account is funded sufficiently in order to avoid, stop outs or margin calls.
EURUSD has dropped after Greek "No" vote on referendum which was held on Sunday. After a bailout proposal has been rejected EURUSD gapped down on early market open by 200 pips dragging EUR basket with itself. Technically selling into rallies towards 1.1100 ( DPP, 38.2, descending 3-touch trend line ) is the option as stops are presumably located just above 1.1130. Targets should be 1.0920 ,1.0880 and 1.0820. Have in mind that trading EUR pairs should be done with lower risk as any news about Greece and EU could get the price into a whipsaw mode.

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hello, what do you guys think, time to go short gbpcad ?
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Quoting [email protected]
EURUSD has dropped after Greek "No" vote on referendum which was held on Sunday. After a bailout proposal has been rejected EURUSD gapped down on early market open by 200 pips dragging EUR basket with itself. Technically selling into rallies towards 1.1100 ( DPP, 38.2, descending 3-touch trend line ) is the option as stops are presumably located just above 1.1130. Targets should be 1.0920 ,1.0880 and 1.0820. Have in mind that trading EUR pairs should be done with lower risk as any news about Greece and EU could get the price into a whipsaw mode....
AFTER: 80 pips ++

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Quoting EdY95
hello, what do you guys think, time to go short gbpcad ? {image}
Hi, did u short it? Any specific rules or for your method or just a rejection from the channel top?
Rejection from chanel top didnt short yet, stil new in forex trying to learn by tradimo and forexfactory
Quoting EdY95
Rejection from chanel top didnt short yet, stil new in forex trying to learn by tradimo and forexfactory
Ok, step by step. If you need anything just ask.
Accurate PP, AM broker- LO open PP - 24h validity

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Perfect touch of EURUSD support 1.0947
  • Post #21,620
  • Quote
  • Edited Jul 8, 2015 3:15am Jul 7, 2015 9:44am | Edited Jul 8, 2015 3:15am
Japanese Yen surged after safe heaven flows confirmed a move to USD and YEN. BOJ governor Kuroda also implied that the economy is recovering at the moderate pace, so the interest in safe heaven JPY has sparkled again.
CHFJPY is in downtrend following the bearish equidistant channel. Pullbacks towards 130.55-80 could be used for short entries as we could see a confluence point (POC) which consists of DPP, 50.0 and the top of equidistant channel line. Additionally this is a bearish zig zag inside the equidistant channel.
H4 ( 4 hour ) close below L4 support -128.80 would target 128.00 and the break below 128.00 will target -127.50 which corresponds to rounded number support and L5.

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