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Off Road System

  • #1,261
  • Apr 22, 2015 7:33am Apr 22, 2015 7:33am
GBPUSD

It is interesting to observe the evolution of GBPUSD, since the Asian session until the European window.
It is good to look at volume changes where the smart money placed their orders for long. After the European window, the EMA34-89-233 were perfectly aligned, but when the news was coming, so the market pushed the price down, looking for liquidity, which tends to happen quite often (not always) before the news.
Finally the news sent prices through the roof.
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  • #1,262
  • Apr 22, 2015 8:37am Apr 22, 2015 8:37am
Quoting Patron
{quote} If you think in short, go with reservations and carefully. Look at the BigPicture and news that caused the rise. {image} {image}
yeah, no problem patron. I got another +50 and quit. I'm done for the day.

see you tomorrow...
  • #1,263
  • Apr 23, 2015 12:00am Apr 23, 2015 12:00am
USDJPY M5

Scalping a retracement.
RSI <50 after a reverse triangular pattern.
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  • #1,264
  • Apr 23, 2015 12:48am Apr 23, 2015 12:48am
EURAUD M1

interesting
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  • #1,265
  • Apr 23, 2015 2:58am Apr 23, 2015 2:58am
morning patron...

This morning I was a bit lucky I guess. I'm done for the day...

M1 GBPUSD +165 pips

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see you tomorrow...
  • #1,266
  • Apr 23, 2015 3:05am Apr 23, 2015 3:05am
GBPUSD M30

FLAG
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  • #1,267
  • Apr 23, 2015 3:05am Apr 23, 2015 3:05am
Quoting isengoz
morning patron... This morning I was a bit lucky I guess. I'm done for the day... M1 GBPUSD +165 pips {image} see you tomorrow...
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  • #1,268
  • Apr 23, 2015 3:27am Apr 23, 2015 3:27am
EURUSD M1

Reverse...
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  • #1,269
  • Edited 3:55am Apr 23, 2015 3:32am | Edited 3:55am
Quoting Patron
EURAUD M1 interesting {image} {image}
EURAUD M5

Scalping for longs...

Quota well filled
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  • #1,270
  • Apr 23, 2015 4:06am Apr 23, 2015 4:06am
Quoting Patron
GBPUSD M30 FLAG {image}
GBPUSD M1

Trading discretional for long...

Bonus.
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  • #1,271
  • Apr 23, 2015 9:36am Apr 23, 2015 9:36am
GBPUSD M1

I think big picture is bullish, then I have look for long.
Close at resistance.
Second Bonus.
Tomorrow.
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  • #1,272
  • Apr 24, 2015 1:36am Apr 24, 2015 1:36am
Mornin

ASIAN SESSION

NZDUSD M5

Small downtrend based on technical analysis and price action.
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  • #1,273
  • Apr 24, 2015 1:47am Apr 24, 2015 1:47am
EURAUD M5

Reverse and breakup major trendline = +24 pips.
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  • #1,274
  • Apr 24, 2015 2:03am Apr 24, 2015 2:03am
News about Greece have caused great volatility.
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  • #1,275
  • Apr 24, 2015 5:03am Apr 24, 2015 5:03am
EURJPY M1

Double top scalped...
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  • #1,276
  • Apr 24, 2015 7:45am Apr 24, 2015 7:45am
NZDUSD M1

Technical reversal..

Quota fullfilled ... 29+34+24+22=99 pips

Happy weekend!
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  • #1,277
  • Apr 26, 2015 7:41am Apr 26, 2015 7:41am
Good afternoon.

If AUDUSD does not break above the long term trend, I plan to short approx 0.7820 , expect resistance at EMA233 / 0.7804, resistance to 0.7777. A bonus if I reach 0.7750

Positive factors:
RSI down trend
Good gap to EMA233
Similar picture on higher timeframes

Negative factors:
Trend rollover is not yet proved, so need to stop if uptrend continues.
AUD news scheduled at open of the next session, so will not hold trade all day.
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  • #1,278
  • Apr 26, 2015 1:35pm Apr 26, 2015 1:35pm
Quoting greenline
Good afternoon. If AUDUSD does not break above the long term trend, I plan to short approx 0.7820 , expect resistance at EMA233 / 0.7804, resistance to 0.7777. A bonus if I reach 0.7750 Positive factors: RSI down trend Good gap to EMA233 Similar picture on higher timeframes Negative factors: Trend rollover is not yet proved, so need to stop if uptrend continues. AUD news scheduled at open of the next session, so will not hold trade all day.{image}
AUDUSD daily

Hello greenline. Thanks for explain your views on the AUDUSD.

I know that the timeframe M5 is far from the daily timeframe. However, Big Picture appears in a major correction against the general downtrend.
Therefore, if you get any intraday downtrend, I recommend you do not miss Big Picture view, perhaps, may cause intraday uptrends.
The RSI shows a clear divergence or loss momentun of daily downtrend.
The price has been installed to the right of the first major trendline.
The volume increases in South candles.
All this makes me think that it is likely a major correction is on a daily basis, we have to take into account when we make decisions to intraday level.
Attached Image (click to enlarge)
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Of course intraday analysis remain valid. Even the price will drop much. All I want is that the trader consider the Big Picture, and then a good multitimeframe analysis before making decisions.
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  • #1,279
  • Apr 26, 2015 1:58pm Apr 26, 2015 1:58pm
Quoting Patron
All I want is that the trader consider the Big Picture, and then a good multitimeframe analysis before making decisions.
Thank you Patron for showing the Day chart - I had not checked the Big Picture when I proposed the trade.

Having looked at the higher timeframes, my view is now cautious; this situation is not clear, I will see what happens at open, and maybe look for a clearer opportunity.

I have a question about volume - I cannot get volume(number of trades) information, so can I judge volume based upon the High to Low distance of the candle?
  • #1,280
  • Apr 26, 2015 2:21pm Apr 26, 2015 2:21pm
[quote=greenline;8228974]{quote} Thank you Patron for showing the Day chart - I had not checked the Big Picture when I proposed the trade. Having looked at the higher timeframes, my view is now cautious; this situation is not clear, I will see what happens at open, and maybe look for a clearer opportunity. I have a question about volume - I cannot get volume(number of trades) information, so can I judge volume based upon the High to Low distance of the candle?[/quote]

I understand that you mean the range of candles.

The range of candles indicates volatility.

The volume indicates liquidity, regardless of rank.

Therefore are different signals.
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