(binned per thread starter's request) Market bottom rotation trad | Page 133 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading using average rotation of swings (ARS)? 21 replies

1 trade per pair per year 6 replies

multiple systems per pair/multiple pairs per system? 3 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: (binned per thread starter's request) Market bottom rotation trad
Exit Attachments

(binned per thread starter's request) Market bottom rotation trad

  • #2,641
  • Apr 23, 2018 12:44pm Apr 23, 2018 12:44pm
Quoting rafael5643
{quote} I know you were watching this, which pattern was this trade based on?
This was a momentum trade based on capital outflows and macro play and a direct non tech entry , that pattern has not yet been presented clearly in thread only mentioned briefly. I will update on that pattern / play in future. Basically in short it is a play where you add smaller sized positions and put BE SLs quickly or put a bit larger (normal) positions with using some nearby extremes as SL guide (which is how it was done on that example). This pattern and approach obviously needs more explanation so ill do that in future.
  • #2,642
  • Apr 23, 2018 12:46pm Apr 23, 2018 12:46pm
Quoting TheRealDeal
Buy {image}
That indeed looks like as likely buy. Eyes on this one, dollar is still under strong flow pressure to upside along with emerging markets on symmetrically oposite direction. And a bit of safe haven JPY flows mixture thrown in between.
  • #2,643
  • Apr 23, 2018 12:56pm Apr 23, 2018 12:56pm
Quoting janpec1000
{quote} PVTL there she goes flying into the sky. {image}
PVTL thing is that most investors complain that its impossible to tell which IPO will actually go up and which down becouse its all a random game. And we heard that saying before many many times in markets. One needs edge on micro of order flow to figure that out, no free lunch in markets, you need to dig deep to get reward.
  • #2,644
  • Apr 23, 2018 1:00pm Apr 23, 2018 1:00pm
LVS looking to get filled long on lows of micro shelf.
EDIT: canceled after too strong drop towards shelf.
  • #2,645
  • Apr 23, 2018 1:03pm Apr 23, 2018 1:03pm
Quoting janpec1000
{quote} That indeed looks like as likely buy. Eyes on this one, dollar is still under strong flow pressure to upside along with emerging markets on symmetrically oposite direction. And a bit of safe haven JPY flows mixture thrown in between.
USDJPY decent run, didnt get a chance for fill long on the lows.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1636.png Size: 43 KB
  • #2,646
  • Apr 23, 2018 1:22pm Apr 23, 2018 1:22pm
Solid run of MXN downwards, MXN still on watchlist for tomorrow amids the twitter storm of US president and likely further price baking. Mainly wall and NAFTA talks, to be put on slight watchlist for next weeks as long as momentum is there.
On a counter note if any impeachment processes do get pushed forward that could very likely turn into best trading oportunities of last few years as MXN would emidently start re-pricing the whole thing north very very strongly. Best trading oportunities always come where reality has 180 degree turn and market has to reposition completely. It might or might not happen, key is to track the process, if anything significant pops up ill put a notice on thread, for now the focus is on down side for MXN.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1637.png Size: 52 KB
  • #2,647
  • Apr 23, 2018 1:30pm Apr 23, 2018 1:30pm
Eyes now on CHEK for potential flagship play of the day of continuation play on heavy momentum. 7,13 key level.
  • #2,648
  • Apr 23, 2018 1:35pm Apr 23, 2018 1:35pm
NZDUSD if micro shelf holds potential upward move, but the liquidity is weak, counter quick moves can happen often in such occasions. Worthy try if one gets filled on lows of micro shelf though, otherwise a pass.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1638.png Size: 67 KB
  • #2,649
  • Apr 23, 2018 1:55pm Apr 23, 2018 1:55pm
Quoting janpec1000
Eyes now on CHEK for potential flagship play of the day of continuation play on heavy momentum. 7,13 key level.
6,88 huge buyer getting filled, probably the same one as on 7,00ish before. Selling is going on, but it looks like some shark has interest to push that up.
  • #2,650
  • Apr 23, 2018 2:13pm Apr 23, 2018 2:13pm
Quoting janpec1000
{quote} 6,88 huge buyer getting filled, probably the same one as on 7,00ish before. Selling is going on, but it looks like some shark has interest to push that up.
7,26 and 7,29 if sellers absorbed its game over. If not its a south move. The fact is that absorption is taking place. Goes to yesterdays setup its strong player vs "strong" player.
  • #2,651
  • Apr 23, 2018 2:19pm Apr 23, 2018 2:19pm
Quoting janpec1000
{quote} 7,26 and 7,29 if sellers absorbed its game over. If not its a south move. The fact is that absorption is taking place. Goes to yesterdays setup its strong player vs "strong" player.
40 minutes to go, who panics first, the shark holding the whole table or many shorts selling into strenght.
  • #2,652
  • Apr 23, 2018 2:44pm Apr 23, 2018 2:44pm
For buys
Attached Image (click to enlarge)
Click to Enlarge Name: 47C75DB0-25A1-479E-AA46-50FE4D166792.png Size: 249 KB
  • #2,653
  • Apr 23, 2018 2:48pm Apr 23, 2018 2:48pm
Quoting janpec1000
{quote} 40 minutes to go, who panics first, the shark holding the whole table or many shorts selling into strenght.
CHEK alright this is where trader really digs a trench and gets right down into it. This is either going to result into brilliant short squeeze or a complete flop, no middle line in between. When spreads tighten at supply and price is no longer able to drop thats when one presses on the pedals and adds the chips in the pocket. 20 mins to go clock is ticking. Those are the 20 minutes that trader should really pay attention to.


HAS
  • #2,654
  • Apr 23, 2018 2:48pm Apr 23, 2018 2:48pm
Quoting TheRealDeal
For buys {image}
Stop selling cheap tickets
  • #2,655
  • Apr 23, 2018 2:58pm Apr 23, 2018 2:58pm
Quoting janpec1000
{quote} Stop selling cheap tickets
In fact i give them away
Just closed great GJ long taken 1h ago. Great consolidation with clearout.
Missed this continuation on UC
Attached Image (click to enlarge)
Click to Enlarge Name: D838CD33-0FF2-42B4-B52F-D8066040491D.png Size: 252 KB
  • #2,656
  • Apr 23, 2018 3:02pm Apr 23, 2018 3:02pm
CHEK sold at break even. That was hectic all the way into the market close, shorts did not panic.
Tomorrow? Yeh, betting on gap up or squeeze up is the way to go. Large buyer hasnt given up, but shorts will be forced to cover at least some. If there is no gap then CHEK is direct buy on market open.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1639.png Size: 64 KB
  • #2,657
  • Apr 23, 2018 3:05pm Apr 23, 2018 3:05pm
To point it out as cleary as needed: CHEK on tomorrows watchlist for direct long play if there is no gap on market open. Potential heavy squeeze.
  • #2,658
  • Apr 23, 2018 3:11pm Apr 23, 2018 3:11pm
Just to put some objectivity into CHECK play, a trader can never be sure which side of market will gain upper hand, there is no guarantee. One can be preapared and ready but still even a high quality play might end as neutral result such as todays CHECK. 80-90% of A quality plays will result in great trades, but still one has to cut loses and not to take "all ins" if certain levels cant be taken out". Cutting loses along with following the correct order flow bias data is the only way to move forward. Practice and context. Alright....
  • #2,659
  • Apr 23, 2018 7:03pm Apr 23, 2018 7:03pm
Hi Janpec,

I may start waking up before work to give this strategy a go. If I traded from 6 A.M. - 8 A.M. C.T. (basically the two hours leading up to U.S. open ) and was trading the 28 main currency pairs as well as a 10 indices + gold + silver do you think it would be worth while? Would be hoping to get at least 3-4 trades per day.
instagram: stepbystepforex
  • #2,660
  • Apr 24, 2018 1:57am Apr 24, 2018 1:57am
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 15 KB
4 traders viewing now