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Hero for the coming week

  • #41
  • Feb 28, 2018 1:22am Feb 28, 2018 1:22am
Quoting irvanhidan
how about AudJpy ? {image}

Good morning irvanhidan.
I have AJ in my top down analyses as well.

For me a good short opportunuty.
But I´m already in NJ short invested, that kept me out.

stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #42
  • Mar 1, 2018 1:11am Mar 1, 2018 1:11am
Quoting Sesamstrasse
{quote} Good morning irvanhidan. I have AJ in my top down analyses as well. For me a good short opportunuty. But I´m already in NJ short invested, that kept me out. stay tuned Guido

hello guido, sorry im not introduce my self before.
glad to be here and subcribe your thread.
i also trading simmiliar like your top down analysis with me/me management,
back to topic, i looking for opportunitty for selling GbpJpy next week if weekly candle break Monthly line S/R as you know today weekly not yet closed and tommorow is friday so i will better to wait candle closed this week.

what do you think ?im appreciate your suugest and feedback, thank you Guido.
english not my first language
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYWeekly.png Size: 38 KB
2% target/Month !
  • #43
  • Mar 1, 2018 7:52am Mar 1, 2018 7:52am
Quoting irvanhidan
{quote} hello guido, sorry im not introduce my self before. glad to be here and subcribe your thread. i also trading simmiliar like your top down analysis with me/me management, back to topic, i looking for opportunitty for selling GbpJpy next week if weekly candle break Monthly line S/R as you know today weekly not yet closed and tommorow is friday so i will better to wait candle closed this week. what do you think ?im appreciate your suugest and feedback, thank you Guido. english not my first language {image}

Hey Irvanhidan.
I can see a reaction from 50 Ema/monthly chart.
But basicly I just don t like GJ and Gcad anymore.

They overran my stops in the past too often and came back to trend direction.
Meduim volatile pairs spent me green pips in the past and will do the same in the future, that´s why I avoid Gcad and GJ.
I use the same approach, top down analyses, find a pair and ride the trend.

stay tuned+ green pippin

Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYcWeekly.png Size: 39 KB
Click to Enlarge Name: GBPJPYcMonthly.png Size: 41 KB
Risiko birgt immer auch die Chance.
  • #44
  • Mar 4, 2018 12:09pm Mar 4, 2018 12:09pm
Quoting Sesamstrasse
{quote}...But basicly I just don t like GJ and Gcad anymore...
Interesting. May I ask, which pairs are you trading?
Cheers...
  • #45
  • Edited 1:11pm Mar 4, 2018 12:55pm | Edited 1:11pm
Good evening everybody.

After my weekly top down analyses I saw only 2 intresting pairs this week .

NCAD and EN, both long bias.

The EUR crosses made a good shoot last week.
Some of them like EA or ECAD are in a area, where longer wicks appeared in the past..
One of my personal simple and basic rules is:
"Donot trade the porcupine"-by Eclayf

Stay tuned
Guido

Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADcWeekly.png Size: 45 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDcWeekly.png Size: 45 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDcMonthly.png Size: 38 KB
Risiko birgt immer auch die Chance.
  • #46
  • Edited Mar 5, 2018 12:51am Mar 4, 2018 1:10pm | Edited Mar 5, 2018 12:51am
Quoting jansb000
{quote} Interesting. May I ask, which pairs are you trading? Cheers...
Hi Jan.
Sure:
I trade basicly AU, GU, EU,NU,UCAD,EA,ECAD,EN,GA,.......(Gcad and GJ only monitoring to see the similarity with other Pound Sterling crosses)
GN, EG,UJ,AJ,EJ,AUCAD,NCAD,NJ,CADJ.

But it worky basicly in all charts, included ketchup vs. mayonaise.

The fancy pairs like SGDUSD have just higher transactions costs.
And I´m not willed to pay any price to get into the market.

This way me and a couple of buddies do it since a year and normally we agree eachothers analyses.

The basic is: get into the market and run the price to a "unbroken level".
Price tends to test former levels. -- and this is what we trade with our longterm trading, multi entry or single entry.
Basic homework to define what we are looking for.

Hope that helped.

Stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #47
  • Edited 3:02pm Mar 4, 2018 2:48pm | Edited 3:02pm
Quoting Sesamstrasse
{quote} Hi Jan. Sure: I trade basicly AU, GU, EU,NU,UCAD,EA,ECAD,EN,GA,.......(Gcad and GJ only monitoring to see the similarity with other Pound Sterling crosses) GN, EG,UJ,AJ,EJ,AUCAD,NCAD,NJ,CADJ. But it worky basicly in all charts, included ketchup vs. mayonaise. The fancy pairs like SGDUSD have just higher transactions costs. And I´m not willed to pay any price to get into the market. This way me and a small group do it since last year and normally we agree eachothers analyses. The basic is: get into the market and run the price to a "unbroken...
Hi Sesamstrasse

Here's my look at the JPY pairs. I of course just trade the rivers between the monthly's on the H4 Chart. Here I see all the pairs have just hit their head on the monthly which tends to form consolidation for a period. But I like the look of the NZDJPY pair because there's space to run into here once its clears the monthly wick area.

The only problem I have is the Daily is near to resistance so I need to wait and see what the price decides to do.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NJ 0.png Size: 270 KB
Click to Enlarge Name: nzdjpy 0.png Size: 170 KB
Click to Enlarge Name: nz 999.png Size: 147 KB
Trading thin liquidity at the boundary of the charts
  • #48
  • Mar 4, 2018 8:30pm Mar 4, 2018 8:30pm
Quoting irvanhidan
how about AudJpy ? {image}

close half, move to BE, start ME/ME again if break support line
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYWeekly.png Size: 42 KB
2% target/Month !
  • #49
  • Edited 7:49am Mar 5, 2018 1:03am | Edited 7:49am
Quoting RickM
{quote} Hi Sesamstrasse Here's my look at the JPY pairs. I of course just trade the rivers between the monthly's on the H4 Chart. Here I see all the pairs have just hit their head on the monthly which tends to form consolidation for a period. But I like the look of the NZDJPY pair because there's space to run into here once its clears the monthly wick area. The only problem I have is the Daily is near to resistance so I need to wait and see what the price decides to do. {image} {image} {image}
Good morning Rick.
I traded Nj the last weeks with good success.

My final TP got hit and I will only watch PA.

The reason is simple:
I have no idea if the hard level of around 76,50 holds and retraces too much or breaks now.

For that reason I define my "Final Target" in advance (I have a plan for entry and exit) to end up in profits and not in a build phase when market doesn t break the level.
I use single and Multi entry approach to rade this view.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NJ.png Size: 53 KB
Click to Enlarge Name: NZDJPYcWeekly.png Size: 45 KB
Risiko birgt immer auch die Chance.
  • #50
  • Edited 8:38pm Mar 5, 2018 3:41pm | Edited 8:38pm
Quoting Sesamstrasse
{quote} Good morning Rick. I traded Nj the last weeks with good success. My final TP got hit and I will only watch PA. The reason is simple: I have no idea if the hard level of around 76,50 holds and retraces too much or breaks now. For that reason I define my "Final Target" in advance (I have a plan for entry and exit) to end up in profits and not in a build phase when market doesn t break the level. I use single and Multi entry approach to rade this view. {image} {image}
Hi Sesamstrasse

Looks like we are trading with the same plan which is great. The only difference is I start with the the M5 to see what London decides to do with price action and will trade that chart first to see if my big picture plan is correct. For example there was a good Monthly Sell Candle on the GBPJPY last month and it did hit a previous monthly support line just 3 days ago. It should be a easy call because the monthly and weekly are down but we have current support. London Therefore started to Buy last night so I just ran with that short term till I get a clearer picture. The M5 trades are just a short term trade for some easy pips. The rest is just trading on a day breakout in the direction of the weekly provide the Monthly agrees.

Blue vertical line was London Open
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gjjjjj.png Size: 80 KB
Click to Enlarge Name: gj 111.png Size: 207 KB
Trading thin liquidity at the boundary of the charts
  • #51
  • Mar 9, 2018 4:51am Mar 9, 2018 4:51am
Hi,

I have these Support and Resistance lines for GBPAUD on my monthly chart.
I was wondering if others in this thread have the same lines. If you see mistakes or just have other comments I would like your feedback.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 54 KB

These are the same lines in CSV format.
Attached File(s)
File Type: csv SRLines GBPAUD MN.csv   < 1 KB | 237 downloads


Cheers...
  • #52
  • Edited 7:02am Mar 9, 2018 5:07am | Edited 7:02am
Quoting jansb000
Hi, I have these Support and Resistance lines for GBPAUD on my monthly chart. I was wondering if others in this thread have the same lines. If you see mistakes or just have other comments I would like your feedback. {image} These are the same lines in CSV format. {file} Cheers...
Hi.
There is no right or wrong for it.

Everybody sees a top or bottom a bit different.
Basicly we mark the peak with a "level"(low/high),
what you did correctly.

Don´t forget; the line chart provides the open and close (body) of a bar.
candles/prices differ in this case a bit, because wicks can be higher /lower.
It´s a typical thing to make a clean and clear outcast-- where is the price going.

Well done and have a nice weekend.
Guido
Risiko birgt immer auch die Chance.
  • #53
  • Mar 9, 2018 12:01pm Mar 9, 2018 12:01pm
Quoting jansb000
Hi, I have these Support and Resistance lines for GBPAUD on my monthly chart. I was wondering if others in this thread have the same lines. If you see mistakes or just have other comments I would like your feedback. {image} These are the same lines in CSV format. {file} Cheers...
Hi jansb00,

I've drawn the same lines on my GA-monthly-chart

regards

Thorsten
  • #54
  • Mar 9, 2018 12:32pm Mar 9, 2018 12:32pm
Quoting jansb000
Hi, I have these Support and Resistance lines for GBPAUD on my monthly chart. I was wondering if others in this thread have the same lines. If you see mistakes or just have other comments I would like your feedback. {image} These are the same lines in CSV format. {file} Cheers...
I have a resistance zone above... Nov 2017 Close and Dec 2017 High.
That Feb pull back from BRN 1.8000 is obvious.
Mar 06 was the BEEB setup.

This week I am selling with MEME from 1.7867down to target 1.7465.
GA has an average weekly range of 320 to 400 pips, and with 5 positions profits is very good ~ 1500 to 2000pips.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Week 10 W1 update Mar 09.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55
  • Mar 10, 2018 1:17am Mar 10, 2018 1:17am
Hi Emm,

at GBPAUD I like when price moves through a little peak in direction of a bigger peak with empty space

Attached Image (click to enlarge)
Click to Enlarge Name: GA.JPG Size: 135 KB


regards

Thorsten
  • #56
  • Mar 11, 2018 1:22pm Mar 11, 2018 1:22pm
Good evening ladies and gentlemen.

This week my top down alanyses isn t that important.
Couldn t figure many intresting pairs out.

I have only AN and UJ as a short continuiation.. and AUCAD with long bias.

AUCAD is clearly a porcupine.. it tends to build longer wicks on top and bottom,
what is good for Multi Entry Multi Exit approach/moneymanagement.
I´d chose a final TP around 1.02-1.0250.


Stay tuned
Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCADcMonthly.png Size: 47 KB
Click to Enlarge Name: AUDCADcWeekly.png Size: 44 KB
Risiko birgt immer auch die Chance.
  • #57
  • Mar 11, 2018 1:26pm Mar 11, 2018 1:26pm
Quoting Sesamstrasse
{quote} Good morning Rick. I traded Nj the last weeks with good success. My final TP got hit and I will only watch PA. The reason is simple: I have no idea if the hard level of around 76,50 holds and retraces too much or breaks now. For that reason I define my "Final Target" in advance (I have a plan for entry and exit) to end up in profits and not in a build phase when market doesn t break the level. I use single and Multi entry approach to rade this view. {image} {image}
Intresting to see a week later if my " final TP" was fine or was I wrong.

As we can see the TP was excellent, a strong buy candle followed my target.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYcWeekly.png Size: 45 KB
Risiko birgt immer auch die Chance.
  • #58
  • Mar 11, 2018 7:14pm Mar 11, 2018 7:14pm
Quoting Deichkind
Hi Emm, at GBPAUD I like when price moves through a little peak in direction of a bigger peak with empty space {image} regards Thorsten
GBPAUD Week 11 Mar 12 to 16

I love to trade into "empty spaces' ... on my D1 charts.

Caution with previous month Feb "swing low" which is near term support between big round number 1.7600 and 1.7575 region.
Another potential support near 1.7485.
We may have some big round numbers to play with if we see stronger AUD this week and into next week.
Small bounces are good to add-on more build positions with banked-in profits.

My longer term targets are 1.7465 and 1.7350, just have manage trades day to day.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59
  • Mar 12, 2018 1:04am Mar 12, 2018 1:04am
Quoting emmanuel7788
{quote} GBPAUD Week 11 Mar 12 to 16 I love to trade into "empty spaces' ... on my D1 charts. Caution with previous month Feb "swing low" which is near term support between big round number 1.7600 and 1.7575 region. Another potential support near 1.7485. We may have some big round numbers to play with if we see stronger AUD this week and into next week. Small bounces are good to add-on more build positions with banked-in profits. My longer term targets are 1.7465 and 1.7350, just have manage trades day to day.
SInce now I don't have a entry signal, waiting for a clear close under 1.7600 which is also my D1 EMA 50, SL around 1.7900 and TP might be at the are from 1.7350 - 1.7250 which will be also the EMA 200

regards
  • #60
  • Mar 12, 2018 1:08am Mar 12, 2018 1:08am
Quoting Sesamstrasse
Good evening ladies and gentlemen. This week my top down alanyses isn t that important. Couldn t figure many intresting pairs out. I have only AN and UJ as a short continuiation.. and AUCAD with long bias. AUCAD is clearly a porcupine.. it tends to build longer wicks on top and bottom, what is good for Multi Entry Multi Exit approach/moneymanagement. I´d chose a final TP around 1.02-1.0250. Stay tuned Guido {image} {image}
Hi Guido,

I like USDJPY too(also like GBPJPY), I'm waiting for an entry under 106 which might get a good ratio, SL at 107.20 (from now) and TP-areas may be 104 and later 101 .

regards
Thorsten
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