• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 1:43am
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 1:43am
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

AUDNZD 1,090 replies

AUDNZD system 26 replies

Gbpjpy/gbpusd charts and setups-> [Piters Method] 158 replies

EURUSD setups 17 replies

audnzd 2 replies

  • Interactive Trading
  • /
  • Reply to Thread
  • Subscribe
  • 40
Attachments: AUDNZD, GBPJPY, EURUSD - H4/D1/W1 Setups
Exit Attachments
Tags: AUDNZD, GBPJPY, EURUSD - H4/D1/W1 Setups
Cancel

AUDNZD, GBPJPY, EURUSD - H4/D1/W1 Setups

  • Last Post
  •  
  • Page 1 234 5
  • Page 1 234 5
  •  
  • Post #1
  • Quote
  • First Post: Edited 1:45pm Dec 11, 2013 1:34pm | Edited 1:45pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
My 3 favorite pairs as they are all not correlated to each other whatsoever.

AUDNZD - weekly bottom incoming --- long. 2014 quick correction then bear continue

GBPJPY - weekly top incoming -- neutral looking for shorts. 2014 still a bull

EURUSD - insane demand trying to go for 1.42 --- long. 2014 still a bull

We should see a multi year bear move in USD soon.

Your fundamental catalyst (for all in short) will be the announcement of crude oil futures priced in yuan.
That will be far more drastic than anything the FED could do.

Please only AUDNZD, GBPJPY, EURUSD
Please post only H4, D1 and W1 charts.
Please call targets, potential drawdown before continuing into profit , and estimated time to reach target.

I don't expect this thread to be active at all as we trade the major swings only.
Ill get some charts up later when I'm not on mobile.
Be hopeful in a winning position, and fearful in a losing position.
  • Post #2
  • Quote
  • Dec 11, 2013 3:02pm Dec 11, 2013 3:02pm
  •  Owl
  • | Joined Dec 2012 | Status: FX Siphoner Of Symphonies | 435 Posts
I'm signed up.....

AUDNZD couldn't reach it's 20 Day Average(white ma) so it

looks to be heading further back south now at least to the

last swing low...
Attached Image (click to enlarge)
Click to Enlarge

Name: audnzdh4.png
Size: 75 KB
One Must Use A Noble Rapier To Pierce The Veil Of Mystery
 
 
  • Post #3
  • Quote
  • Dec 11, 2013 5:18pm Dec 11, 2013 5:18pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting Owl
Disliked
I'm signed up..... AUDNZD couldn't reach it's 20 Day Average(white ma) so it looks to be heading further back south now at least to the last swing low... {image}
Ignored
good call there

i was long from 1.0955 from monday


should be time to get long again soon

240

target 1.1060 and if break convincingly go for 1.1210
buy some here and more in low 1.09s
Attached Image (click to enlarge)
Click to Enlarge

Name: audnzd4hrsetup.jpg
Size: 165 KB
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #4
  • Quote
  • Dec 11, 2013 5:23pm Dec 11, 2013 5:23pm
  •  JeremyWS
  • Joined Oct 2010 | Status: Member | 1,654 Posts
Crude being mainly traded in yuan wouldn't cause a multiyear bear move for the USD. Not to mention that the futures won't be priced in Yuan in at least 50 years (bare in mind - they are traded in Chicago)
 
 
  • Post #5
  • Quote
  • Dec 11, 2013 6:15pm Dec 11, 2013 6:15pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
ENTRY 1st long position

AUDNZD

1.0935

Target: 1.1040, 1.1210

Potential drawdown: 30-50 pips before it screams buy and rallies hard
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #6
  • Quote
  • Dec 11, 2013 6:17pm Dec 11, 2013 6:17pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting JeremyWS
Disliked
Crude being mainly traded in yuan wouldn't cause a multiyear bear move for the USD. Not to mention that the futures won't be priced in Yuan in at least 50 years (bare in mind - they are traded in Chicago)
Ignored
Really, so selling USD doesn't drive it down?

Interesting concept.

The only thing that would drive USD up at this point is a big take profit in US equities.

Everything else is dirt cheap.
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #7
  • Quote
  • Dec 11, 2013 6:19pm Dec 11, 2013 6:19pm
  •  JeremyWS
  • Joined Oct 2010 | Status: Member | 1,654 Posts
Quoting Rag2RichesFX
Disliked
{quote} Really, so selling USD doesn't drive it down? Interesting concept. The only thing that would drive USD up at this point is a big take profit in US equities. Everything else is dirt cheap.
Ignored
This is just awkward now...
 
 
  • Post #8
  • Quote
  • Edited 6:44pm Dec 11, 2013 6:27pm | Edited 6:44pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting JeremyWS
Disliked
{quote} This is just awkward now...
Ignored
Why? You think that spending USD drives its value up? And that selling things drives USD down?

Lol.


I'm not sure you understand how big US equities are. Do you know large total market cap is?
Sure daily volume doesn't compare to FX, but stocks were a high volume market. They are long term grind and churn type of market.

What's awkward to me is why you wouldn't say anything other than "this is just awkward now"
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #9
  • Quote
  • Dec 11, 2013 6:29pm Dec 11, 2013 6:29pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Love the iPad mini MT4.

How could anyone be selling here?

I see the case for 1 more h4 candle down but the RR for selling isn't there anymore.
That's why I started building the longs.
Attached Image (click to enlarge)
Click to Enlarge

Name: image.jpg
Size: 239 KB
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #10
  • Quote
  • Dec 11, 2013 6:37pm Dec 11, 2013 6:37pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
AUDNZD m1 screaming long entry 0929

use only for precision if you want to try 1 to 10 or 1 to 20 type RR

otherwise m1 is good for nothing in this thread anyway
Attached Image (click to enlarge)
Click to Enlarge

Name: audnzdm1scream.jpg
Size: 178 KB
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #11
  • Quote
  • Dec 11, 2013 6:43pm Dec 11, 2013 6:43pm
  •  JeremyWS
  • Joined Oct 2010 | Status: Member | 1,654 Posts
Quoting Rag2RichesFX
Disliked
{quote} Why? You think that spending USD drives its value up? And that selling things drives USD down? Lol. What's awkward to me is why you wouldn't say anything other than "this is just awkward now"
Ignored
yeah so, if USD equity was to fall (ceterus paribus) the USD would fall.
 
 
  • Post #12
  • Quote
  • Dec 11, 2013 7:31pm Dec 11, 2013 7:31pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Kaboom

Go AUD

Just needed the funda catalyst as usual

RBA cut rates in 2013, RBNZ will in 2014 (or RBA will raise them, but an RBNZ cut seems more likely)
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #13
  • Quote
  • Dec 11, 2013 7:36pm Dec 11, 2013 7:36pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting JeremyWS
Disliked
{quote} yeah so, if USD equity was to fall (ceterus paribus) the USD would fall.
Ignored
lol

2013 was an exception to the standard correlation

it was entirely a yen based story.


true risk off = USD rally, no exceptions. this will be the case until a new currency becomes the reserve.
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #14
  • Quote
  • Dec 11, 2013 7:41pm Dec 11, 2013 7:41pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting Rag2RichesFX
Disliked
Kaboom Go AUD Just needed the funda catalyst as usual RBA cut rates in 2013, RBNZ will in 2014 (or RBA will raise them, but an RBNZ cut seems more likely)
Ignored
Still liquidity issues, but will bottom shortly.
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #15
  • Quote
  • Dec 11, 2013 7:47pm Dec 11, 2013 7:47pm
  •  hoom
  • | Joined Jul 2013 | Status: Member | 1,962 Posts
Quoting Rag2RichesFX
Disliked
{quote} Still liquidity issues, but will bottom shortly.
Ignored
1.0827 is the bottom for me , Aud is still heading down in a consistent way .
Get Rich or Die Tryin
 
 
  • Post #16
  • Quote
  • Dec 11, 2013 8:24pm Dec 11, 2013 8:24pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting hoom
Disliked
{quote} 1.0827 is the bottom for me , Aud is still heading down in a consistent way .
Ignored
i guess i should ask, why is that your bottom? and what bottom?

im not talking bottom price for say... a 2014 reversal. i think 2014 will be a choppy accumulation phase. then 2015 will be bullish

trading like that doesnt make any sense to me. but i do see some reasoning for trying to predict an exact price days or weeks in advance.
i know its possible but i wouldnt just set a limit order at any given price. i need to wait for the PA

im talking about a 4hr bullish swing here, and actually a daily swing potential, the bigger move might not happen until next week

if it turns into a daily or weekly reversal, thats great

I made 6 reward for 1 risk on Monday so losses trying to catch a nice bottom are no big deal

they always pay off when the big winner comes

yearly highs and lows are some of the highest probability trades especially when they come in december.

why? because over 80% of candles leave a wick on both sides.

rare for a yearly candle to close within 100 pips of its high or low
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #17
  • Quote
  • Dec 11, 2013 8:35pm Dec 11, 2013 8:35pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Risking a few here 1.0913 long, RR target 1 to 15

The key is when you get the winning trade, you hold it, and most importantly, add more positions to the winning equity.

Just don't increase your break even point by too much at one time.

edit: got out -5, m30 candle breaking down.

will try again lower

1.0880 ideal. stay small and have holding power.
go big when you are running on positive carry

only go tight stops when you think "NOW" is the moment
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #18
  • Quote
  • Dec 11, 2013 8:46pm Dec 11, 2013 8:46pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
back in long

1.0903
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #19
  • Quote
  • Dec 11, 2013 9:34pm Dec 11, 2013 9:34pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Better be bottoming soon. Haven't seen action like this in months.
Attached Image (click to enlarge)
Click to Enlarge

Name: image.jpg
Size: 247 KB
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Post #20
  • Quote
  • Dec 11, 2013 10:59pm Dec 11, 2013 10:59pm
  •  Rag2RichesFX
  • Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Quoting Rag2RichesFX
Disliked
Better be bottoming soon. Haven't seen action like this in months. {image}
Ignored
Update on the cripple
Attached Image (click to enlarge)
Click to Enlarge

Name: image.jpg
Size: 270 KB
Be hopeful in a winning position, and fearful in a losing position.
 
 
  • Interactive Trading
  • /
  • AUDNZD, GBPJPY, EURUSD - H4/D1/W1 Setups
  • Reply to Thread
    • Page 1 234 5
    • Page 1 234 5
0 traders viewing now
  • More
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023