Swing Traders Welcome | Page 51 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

5/6 candle swing low swing high Indicator 5 replies

Swing high / Swing low indictator+alert? 20 replies

Swing highs and swing lows 3 replies

Looking for a swing high/swing low indicator 2 replies

swing high/swing low indicator and volume tic history 13 replies

Attachments: Swing Traders Welcome
Exit Attachments

Swing Traders Welcome

  • #1,001
  • Nov 14, 2018 8:02am Nov 14, 2018 8:02am
Quoting PayTheLimit
{quote} nice trades, both near daily/weekly Rs, if the kiwi wants, it could run to 6900ish, I'm definitely looking to get long, we could get a flag against this R here... {image}
What do you think of AJ, mate? It might pop its head a bit higher towards 83.80 ish with extended range if 81.50 area lends a hand for support. Already loaded the boat there with some small exploring soldiers ... lol ...
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB
Fix up, trade sharp ...
  • #1,002
  • Nov 14, 2018 8:04am Nov 14, 2018 8:04am
USDCHF is worth checking...May be for next week
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFDaily.png Size: 20 KB
  • #1,003
  • Nov 14, 2018 8:11am Nov 14, 2018 8:11am
Quoting PayTheLimit
{quote} well defined R at 149ish, but maybe some support starting to form at 146.70ish now, its kinda trying to turn the corner I thinks... {image}
It might be. Looks like an attempt to breakout North.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 19 KB
  • #1,004
  • Nov 14, 2018 8:14am Nov 14, 2018 8:14am
Quoting Hickson
{quote} What do you think of AJ, mate? It might pop its head a bit higher towards 83.80 ish with extended range if 81.50 area lends a hand for support. Already loaded the boat there with some small exploring soldiers ... lol ... {image}
posted this chart the other day I think, some support now at 81.50? Maybe if the UJ gets off its lazy ass, who knows....thing could grow some wings, another one I'm looking for longs in....
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYWeekly.png Size: 62 KB
Look Sharp/Trade Tight
  • #1,005
  • Nov 14, 2018 8:16am Nov 14, 2018 8:16am
Quoting mtharwat
{quote} It might be. Looks like an attempt to breakout North. {image}

looks kinda messy on the daily, not seeing anything, so I watch, and wait....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 65 KB
Look Sharp/Trade Tight
  • #1,006
  • Nov 14, 2018 8:17am Nov 14, 2018 8:17am
back later boys, keep the charts/ideas coming....good luck
Look Sharp/Trade Tight
  • #1,007
  • Nov 14, 2018 8:23am Nov 14, 2018 8:23am
[quote=PayTheLimit;11694025]{quote} nice trades, both near daily/weekly Rs, if the kiwi wants, it could run to 6900ish, I'm definitely looking to get long, we could get a flag against this R here


Well,

If u look only right at this weekly chart, you would anticipate a move to 50 % level (could be higher if you redraw fib) at the 0.69 zone.

If you look left which might be irrelevant there is some Resistance below 0.69. But again, it might be irrelevant.

On Daily/H4, you already have a flag and by projecting the target, 0.69 is very reasonable.

Hard to judge at the time being unless we get a good correction and a healthy bullish sign again (which might be the second flag you are referring to).
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDWeekly.png Size: 22 KB
  • #1,008
  • Nov 14, 2018 8:41am Nov 14, 2018 8:41am
Quoting PayTheLimit
{quote} looks kinda messy on the daily, not seeing anything, so I watch, and wait.... {image}
It's a waste of time atm imo ... narrow range for this pair so far. We used to call it dragon and traded it in the legendary thread years ago, remember?
Fix up, trade sharp ...
  • #1,009
  • Nov 14, 2018 8:41am Nov 14, 2018 8:41am
Quoting PayTheLimit
{quote} looks kinda messy on the daily, not seeing anything, so I watch, and wait.... {image}

Yep...Nothing to bother with in the time being
  • #1,010
  • Nov 14, 2018 10:22am Nov 14, 2018 10:22am
some squirrely PA on EJ, could be setting up for a break back down...will check it on the bell, would make more sense the bull flag in UJ fails also...well see....
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 66 KB
Look Sharp/Trade Tight
  • #1,011
  • Nov 14, 2018 10:34am Nov 14, 2018 10:34am
Spooz near a possible S? Check it on the bell also....could be a clue...bbl
Attached Image (click to enlarge)
Click to Enlarge Name: SPX500Daily.png Size: 55 KB
Look Sharp/Trade Tight
  • #1,012
  • Nov 14, 2018 10:46am Nov 14, 2018 10:46am
Hi Swing Traders,
I'd like to share with you some psychological insights of trading. Do you know your market very closely?
Through my trading experience I have come to conclusion that we should know very well what we trade. For instance, I trade about ten markets and constantly follow up. I know my markets, to be exactly, what BRNs (big round numbers) it reacts, how far it goes after breakout (approximate pips), does it swing well in daily chart or H4 (to choose trading tf for this pair), and when it swings what usual R/R is reasonable for the market, or is it the market that we can make a carry trade and hold positions for a month or two... I hope you understand my point of view.
In order to trade profitably, I think we should know very closely what we trade. And do you know your markets well enough?

profitable trades,
richadi36
profitable trading does not mean trading everyday
  • #1,013
  • Nov 14, 2018 5:19pm Nov 14, 2018 5:19pm
XAUUSD

Conflicting TFS

On Weekly, Price foud resistance at 38.2 fib. Now it is holding on the TL and is showing bullishness.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDWeekly.png Size: 17 KB


On Daily, we have a bullish triple formation candlestick (Morning Star). One of our traders here has already jumped into a long trade after the middle small bullish candle.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDDaily.png Size: 18 KB



On H4, there are two scenarios. Either you want to ride the short bullish momentum and buy on corrections to the Support Zone or you dismiss longs and wait for a break south and a retest which will not. come soon.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 14 KB
  • #1,014
  • Nov 14, 2018 6:59pm Nov 14, 2018 6:59pm
Interesting EURAUD

On weekly we are in bearish trend.

On Daily/H4 watch for breakouts and retest to confirm the bearishness to the 38 fib
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDWeekly.png Size: 26 KB
Click to Enlarge Name: EURAUDDaily.png Size: 27 KB
  • #1,015
  • Nov 15, 2018 12:20am Nov 15, 2018 12:20am
well got stopped out of my long UJ, so that's that....Now selling some EJ near 128.70, and will keep some powder dry to add higher, family under the weather so I'll be back next week....good luck...
Look Sharp/Trade Tight
  • #1,016
  • Edited 5:28am Nov 15, 2018 12:58am | Edited 5:28am
Quoting PayTheLimit
well got stopped out of my long UJ, so that's that....Now selling some EJ near 128.70, and will keep some powder dry to add higher, family under the weather so I'll be back next week....good luck...


Check this...I am watching for fun (no trade)

Same diamond pattern that stopped u with USDJPY is reoccurring on H1 in EURJPY.
If u check the daily, you will see a long rejection bar.

Will be interesting if same bearishness will follow with this diamond. It is more or less reflecting an indecision.

Edit: 70-80 pips nose dive.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 14 KB
Click to Enlarge Name: EURJPYH1.png Size: 19 KB
  • #1,017
  • Nov 15, 2018 9:50am Nov 15, 2018 9:50am
XAUEUR and XAUUSD showing bullish moves. XAUAUD has not settled yet for a bias.

XAU EUR

Looks the pair wants to test Weekly TL.... A flag on Daily.

On H4 we have a breakout and a retest. Thinking of either entering now or wait till Monday.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: XAUEURWeekly.png Size: 23 KB
Click to Enlarge Name: XAUEURDaily.png Size: 18 KB
Click to Enlarge Name: XAUEURH4.png Size: 19 KB
  • #1,018
  • Nov 15, 2018 10:16am Nov 15, 2018 10:16am
Quoting mtharwat
XAUEUR and XAUUSD showing bullish moves. XAUAUD has not settled yet for a bias. XAU EUR Looks the pair wants to test Weekly TL.... A flag on Daily. On H4 we have a breakout and a retest. Thinking of either entering now or wait till Monday. {image} {image} {image}

I am adding something more to H4 TF:

Now if you consider the breakout of the first upper boundary of channel then there is a retest and the pair is ready to be bought.

Another option is to wait for the break of the second boundary line and a clear bullish candle above the S/R zone which will coincide with the break of a neckline of a small inverse H&S.

It is really subjective on this TF.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUEURH4.png Size: 23 KB
  • #1,019
  • Nov 16, 2018 1:08am Nov 16, 2018 1:08am
Hi guys,
are you waiting for going long here?
usd/cad daily
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 42 KB


profitable trades,
richadi36
profitable trading does not mean trading everyday
  • #1,020
  • Nov 16, 2018 1:29am Nov 16, 2018 1:29am
NZD JPY

Weekly chart, the pair is approaching a 50 fib and upper channel (weekly/Monthly). Nothing wet to do. Just watching..

In case you want to have longs on H1....Be mindful and watchful to the level

In case you want to short...still early for such setup.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYWeekly.png Size: 22 KB
1 trader viewing now