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Spider's Den

  • #3,441
  • Oct 5, 2011 3:38am Oct 5, 2011 3:38am
Quoting Forexcube
Before I make some market entries at M1/M5 (scalping) I stay at the sideline most of the time and wait, today in the hope gathering some pips here and there from these ups and downs.
Exactly. Same mind.

Its always bette to be patient and wait then to enter mindlessly. Market is here, we are stalkers.
  • #3,442
  • Oct 5, 2011 3:51am Oct 5, 2011 3:51am
Because
1-It take much time than i thought to reach 34
2-Keep showing mixed signal

I closed half and lock some profit and half still in play as my chart show
Attached Image (click to enlarge)
Click to Enlarge Name: egkid.gif Size: 17 KB
  • #3,443
  • Oct 5, 2011 3:58am Oct 5, 2011 3:58am
Quoting egkid
Because
1-It take much time than i thought to reach 34
2-Keep showing mixed signal

I closed half and lock some profit and half still in play as my chart show
Good entries and you closed half. Very good
  • #3,444
  • Oct 5, 2011 4:02am Oct 5, 2011 4:02am
It seems divergences are playing out well. I closed my positions already.
  • #3,445
  • Oct 5, 2011 4:10am Oct 5, 2011 4:10am
A break off 3332 will give higher levels.

Those are:

3348 then 3363 3388 Final 3303 is the initial stop loss. Break below 3303 targets 3275. Only below it we see 3255 3240 3220.

React.
  • #3,446
  • Oct 5, 2011 5:11am Oct 5, 2011 5:11am
Looks like we are within a "bullflag channel", break of 1.3329 would give further upside.
Below 1.3381 downside...

AS indicated earlier, I am still tempted to go long on the break.
Quoting T@rantula
A break off 3332 will give higher levels.

Those are:

3348 then 3363 3388 Final 3303 is the initial stop loss. Break below 3303 targets 3275. Only below it we see 3255 3240 3220.

React.
  • #3,447
  • Oct 5, 2011 5:22am Oct 5, 2011 5:22am
Quoting BrunargarFx
Looks like we are within a "bullflag channel", break of 1.3329 would give further upside.
Below 1.3381 downside...

AS indicated earlier, I am still tempted to go long on the break.
Yep, bullflag, triangle you name it, it's looking like a breakout.
Attached Image (click to enlarge)
Click to Enlarge Name: eu05101.gif Size: 42 KB
Don't get mad, get even!
  • #3,448
  • Oct 5, 2011 7:28am Oct 5, 2011 7:28am
All levels have been respected. May see a retest of 3302 3280.
  • #3,449
  • Oct 5, 2011 7:31am Oct 5, 2011 7:31am
Quoting T@rantula
All levels have been respected. May see a retest of 3302 3280.
Chart in a sec, managing position.

Closed 1/2 for 20 stops on BE, final target 3280.

Attached Image (click to enlarge)
Click to Enlarge Name: eud2.jpg Size: 82 KB


Break of BB + MA confirmation
  • #3,450
  • Oct 5, 2011 7:59am Oct 5, 2011 7:59am
Quoting T@rantula
All levels have been respected. May see a retest of 3302 3280.
  • #3,451
  • Oct 5, 2011 8:09am Oct 5, 2011 8:09am
E/U rejected at 3307, bullish intraday still intact.

Holding onto Aussie long 9553 SL/BE
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu06101.gif Size: 40 KB
Click to Enlarge Name: au06101.gif Size: 32 KB
Don't get mad, get even!
  • #3,452
  • Oct 5, 2011 8:49am Oct 5, 2011 8:49am
We should go up, h1 candles show that
  • #3,453
  • Oct 5, 2011 9:25am Oct 5, 2011 9:25am
Quoting T@rantula
We should go up, h1 candles show that
Exactly...

Gonna show u the pattern
  • #3,454
  • Oct 5, 2011 9:28am Oct 5, 2011 9:28am
Quoting T@rantula
Exactly...

Gonna show u the pattern
Attached Image


Its called Rising 3 methods it indicates bullish continuation. It is very reliable.
  • #3,455
  • Oct 5, 2011 9:44am Oct 5, 2011 9:44am
3350 is definitely resistance today. If NY gives 3275 3303 would be stop for shorts.

H1 crossed to downtrend h4 still uptrend lower tfs mixed.
  • #3,456
  • Oct 5, 2011 9:54am Oct 5, 2011 9:54am
Quoting T@rantula
3350 is definitely resistance today. If NY gives 3275 3303 would be stop for shorts.

H1 crossed to downtrend h4 still uptrend lower tfs mixed.
I Think if this 1h close under 3290 could test 3250 , 3190
  • #3,457
  • Oct 5, 2011 9:58am Oct 5, 2011 9:58am
Quoting T@rantula
3350 is definitely resistance today. If NY gives 3275 3303 would be stop for shorts.

H1 crossed to downtrend h4 still uptrend lower tfs mixed.
3275 hasnt been reached. I love myself for being soo precise; )
  • #3,458
  • Oct 5, 2011 10:07am Oct 5, 2011 10:07am
Quoting T@rantula
3275 hasnt been reached. I love myself for being soo precise; )
U doing very well today but market insist to b silly but i'm sure at the end we will get our ++
I think next few H will b interesting
  • #3,459
  • Oct 5, 2011 10:34am Oct 5, 2011 10:34am
Still running some longs, here. SL 3275
All european indices up today, gold down, USDX unable to breach and hold 80 (so far). 'd really like to see 1.34 but may be not today.




Quoting egkid
U doing very well today but market insist to b silly but i'm sure at the end we will get our ++
I think next few H will b interesting
  • #3,460
  • Oct 5, 2011 11:20am Oct 5, 2011 11:20am
Quoting egkid
U doing very well today but market insist to b silly but i'm sure at the end we will get our ++
I think next few H will b interesting
Thanx bro. I was trading with smaller lot size today, overall ok. I made 1,50% of profit
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