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Target trading with the Big boys on the 4 hour chart

  • #141
  • Nov 30, 2017 3:15am Nov 30, 2017 3:15am
Quoting Harry6
{quote} Hi, I do not get your graph ending July 6th, while we are here today??????????????? Plse clarify............ {image}
Hi Harry

Again, did you watch the Video? Sometimes we might have to look a long way back to find targets.

I was only surmising that EURCAD would retrace after reaching 1.5250/70 because it did so some time ago. We always look at the PAST to predict the future!


EURCAD

Well it reached that significant level and looks like the retracement is starting. First target 1.5200
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  • #142
  • Nov 30, 2017 7:37am Nov 30, 2017 7:37am
Quoting jmtini
{quote} Hi SATrader Did you watch the video in Post 1? Taking EURCAD as an example, it has been in an obvious uptrend for some time. As the video showed, the BB's look at the PAST in order to trade their plan and plan their trades. Sometimes that can go back a long time if we are reaching new highs or lows. Also as we all know, the price does not go up or down in a straight line. Sometimes it will go the other way quite significantly if the BB's are looking to intice new buyers/sellers by offering them a nice fat discount. Please watch the video...
Hello jmtini, I did but will rewatch as I'm sure I may have missed some items. Thanks!
  • #143
  • Dec 1, 2017 7:12pm Dec 1, 2017 7:12pm
Hi everyone

EURCAD

Well we got that retracement as we thought guys - the eventual target was 15350 - amazing

Down to 1.500 at least
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  • #144
  • Dec 1, 2017 7:56pm Dec 1, 2017 7:56pm
Hello Jmtini
Am I violating your thread putting this chart here as a input to planning putting a south order?
This is of course kind of BK8 systemish, the only thing I know about - although not exactly.
Just feel free to tell me, that this is not ok for the thread.
All the best.
Oddbj.
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All the best to all of you. But don't follow me. I am a learner.
  • #145
  • Dec 1, 2017 8:48pm Dec 1, 2017 8:48pm
Quoting Oddbjorg
Hello Jmtini Am I violating your thread putting this chart here as a input to planning putting a south order? This is of course kind of BK8 systemish, the only thing I know about - although not exactly. Just feel free to tell me, that this is not ok for the thread. All the best. Oddbj. {image} {image} {image}
Goog Rally today, GDP and employment news gave it a boost too. i entered at 1.5200, closed a little before closing as i didnt wanna risk the events of today and this weekend in particular to mess it up. And it might bounce of SMA100 on H4. Better safe then sorry..


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whether you think you can or can't either way you are right
  • #146
  • Dec 2, 2017 3:16am Dec 2, 2017 3:16am
Quoting Oddbjorg
Hello Jmtini Am I violating your thread putting this chart here as a input to planning putting a south order? This is of course kind of BK8 systemish, the only thing I know about - although not exactly. Just feel free to tell me, that this is not ok for the thread. All the best. Oddbj. {image} {image} {image}
Hi Oddbjorg

Of course not! Please feel free to post any charts you like.

I think we must now open the thread up to all time frames (although the emphasis is on the 4 hour chart) so that we can offer people better set-up opportunities

Best regards
JM
  • #147
  • Edited 12:31pm Dec 2, 2017 3:20am | Edited 12:31pm
Quoting joyride
{quote} Goog Rally today, GDP and employment news gave it a boost too. i entered at 1.5200, closed a little before closing as i didnt wanna risk the events of today and this weekend in particular to mess it up. And it might bounce of SMA100 on H4. Better safe then sorry.. {image} {image}

Well done joyride!!

Looking at the daily chart, that is such a bearish bar that I seriously doubt we'll see the bulls come back until it's down to the 1.50 area at least but I would have done the same as you


GBPCAD

I like this one guys. Right down to 1.6900
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  • #148
  • Dec 2, 2017 10:18am Dec 2, 2017 10:18am
Quoting jmtini
{quote} Well done joyride!! Looking at the daily chart, that is such a bearish bar that I seriously doubt we'll see the bulls come back until it's down to the 1.50 area at least but I would have done the same as you GBPCAD I like this one guys. Right down to 1.6900 {image} {image}
Definitely on my watch list, maybe a small retracment to 1.775xx 1.776xx before heading down again?
whether you think you can or can't either way you are right
  • #149
  • Dec 2, 2017 12:33pm Dec 2, 2017 12:33pm
Quoting joyride
{quote} Definitely on my watch list, maybe a small retracment to 1.775xx 1.776xx before heading down again?
Oh yes absolutely - I agree with you. That would be nice - I have amended the chart above with our hopeful strategy!
  • #150
  • Dec 2, 2017 6:17pm Dec 2, 2017 6:17pm
Quoting joyride
{quote} Definitely on my watch list, maybe a small retracment to 1.775xx 1.776xx before heading down again?
Lol,1.77 is one heck of a retracement.
  • #151
  • Edited 10:01am Dec 3, 2017 9:46am | Edited 10:01am
Since May, AUD/CAD has been in a short-term downtrend, although has maintained the long-term uptrend. This next week could pose an interesting opportunity for the short-term trend to reverse as price is coming into a point where the big boys have established they like to buy. Interesting to see how price reacts once it gets to the 0.9590 - 0.9610 area (highlighted in blue). Price has tested this 0.9610 level on 11/17 but quickly bounced off. I'm thinking about buying on this next push down to this retest in the coming days. What do you guys think?

PS- Also need to throw in here that both AUD and CAD have interest rate decisions this week which could provide the potential catalyst for some big moves.
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  • #152
  • Dec 3, 2017 8:41pm Dec 3, 2017 8:41pm
Quoting jmtini
{quote} Oh yes absolutely - I agree with you. That would be nice - I have amended the chart above with our hopeful strategy!
It is playing out nicely, jmtini. Are you in it?
whether you think you can or can't either way you are right
  • #153
  • Dec 4, 2017 12:54am Dec 4, 2017 12:54am
Quoting joyride
{quote} It is playing out nicely, jmtini. Are you in it?
Hi joyride

No I was asleep! Little worried about the H1 200 ema and 1.71 support if it breaks through there and retests nicely then we're away

In the meantime, watching NZ and GZ long
  • #154
  • Dec 4, 2017 4:40am Dec 4, 2017 4:40am
GBPCAD

Well we got the retest and a few pips! But the retest was sneaky fast on the 15 min chart:
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  • #155
  • Dec 4, 2017 7:06am Dec 4, 2017 7:06am
Well that hit BE in a hurry!

I'm afraid that fundamental news outbreaks can really mess things up!

EURCAD

Looks interesting now - banged off 1.5000

EURNZD

Might be worth a go north?
  • #156
  • Dec 4, 2017 8:39pm Dec 4, 2017 8:39pm
Quoting jmtini
Hi everyone Well as promised here is the new thread Firstly, if you really want to follow this thread you need to watch this video because otherwise you will not know what's going on https://www.youtube.com/watch?v=2x6acQ9B-Pc
What is your relationship with the company that made the video?
  • #157
  • Dec 4, 2017 8:47pm Dec 4, 2017 8:47pm
Quoting jmtini
{quote} Hi joyride No I was asleep! Little worried about the H1 200 ema and 1.71 support if it breaks through there and retests nicely then we're away In the meantime, watching NZ and GZ long
Hi jmti,
I caught it kinda late so i entered with a small position, still riding the efect of the news though lol. I am bullish on audusd and nzdjpy since friday
whether you think you can or can't either way you are right
  • #158
  • Dec 4, 2017 11:23pm Dec 4, 2017 11:23pm
Quoting GEfx
{quote} What is your relationship with the company that made the video?

https://www.forexfactory.com/showthr...3#post10501983
  • #159
  • Dec 5, 2017 6:39am Dec 5, 2017 6:39am
Quoting jmtini
{quote} https://www.forexfactory.com/showthr...3#post10501983
OK thanks. I know these people (no, I do not work for them or represent them). They are very good.
  • #160
  • Dec 6, 2017 3:48am Dec 6, 2017 3:48am
Quoting GEfx
{quote} OK thanks. I know these people (no, I do not work for them or represent them). They are very good.

Hi GEfx

Yes I thought so too. And there is no doubt that the big boys are using the 4 hour chart to identify targets.

GBPCAD
EURCAD

Both pairs running into support areas so I think we will see significant retracements later
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