No Brainer Trades | Page 112 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD, USD/CHF, USD/JPY

Similar Threads

No brainer fundamental trades 55 replies

This time... I'm Keeping MY MONEY (BRV - No Brainer Trades) 3 replies

The Koala System (No brainer) 127 replies

EUR/GBP SHORT for No Brainer 67 replies

Selling USD and YEN is a no brainer. 12 replies

Attachments: No Brainer Trades
Exit Attachments

No Brainer Trades

  • #2,221
  • Aug 5, 2008 12:35am Aug 5, 2008 12:35am
aud/jpy is currently at 100.00 a very good support, i am long on this one
  • #2,222
  • Aug 5, 2008 12:44am Aug 5, 2008 12:44am
Looks like aussie is toast. This should be a nice play to the downside over the next few days
  • #2,223
  • Aug 5, 2008 12:48am Aug 5, 2008 12:48am
Hi

Usd/cad short @ 10460-10470

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: pa39.gif Size: 41 KB
  • #2,224
  • Aug 5, 2008 12:53am Aug 5, 2008 12:53am
Quoting CodeMuncher
Attachment

USDCAD putting up a "3".

hi codemuncher

i have been getting to know 3 zz semafor ....i picked it up from you on the rollover thread ....but i have been trying to search for the semafor dashboard and havn't been able to find it.......would you please point me in the right direction ? thanks very much

cheers
kim
  • #2,225
  • Aug 5, 2008 1:01am Aug 5, 2008 1:01am
Nice call Seesaw Aud/USD is down to .92194......seems like toast alright......how did you figure this out?
The way is narrow
  • #2,226
  • Aug 5, 2008 1:37am Aug 5, 2008 1:37am
if an entry gets hit this week you would probably still take it depending on the price action correct?
  • #2,227
  • Aug 5, 2008 1:50am Aug 5, 2008 1:50am
LONG gbp/usd 1.9567, stop 1.9522, TP 1.9758 ... small position

Trying to scalp at the 78.6% fib on daily
  • #2,228
  • Aug 5, 2008 1:58am Aug 5, 2008 1:58am
Closed usd/cad short @ 1.0422 -13. Looks like it wants to grind higher. I'll go long if this breakout holds.
  • #2,229
  • Aug 5, 2008 1:59am Aug 5, 2008 1:59am
Quoting len979
Closed usd/cad short @ 1.0422 -13. Looks like it wants to grind higher. I'll go long if this breakout holds.
let's see where it is in 5-7 days, probably at parity. but cad is a f' to trade, imfo
  • #2,230
  • Aug 5, 2008 2:33am Aug 5, 2008 2:33am
are you scalping for 200 pips that should be a nice scalp, tot scalping was for 20or 30 pips
Quoting len979
LONG gbp/usd 1.9567, stop 1.9522, TP 1.9758 ... small position

Trying to scalp at the 78.6% fib on daily
  • #2,231
  • Aug 5, 2008 3:00am Aug 5, 2008 3:00am
Attached Image (click to enlarge)
Click to Enlarge Name: !!nobrain.gif Size: 22 KB


Anyone scalp off that "3"? If you missed it, looks like you'll get another chance.
  • #2,232
  • Aug 5, 2008 3:03am Aug 5, 2008 3:03am
Attached Image (click to enlarge)
Click to Enlarge Name: !!nobrain.gif Size: 20 KB


I modified the Accumulation Distribution indicator (A/D) to display a couple of A/D moving averages ( EMA(5) and EMA(50) ).

Looks like USDCAD is still being accumulated.
  • #2,233
  • Aug 5, 2008 3:20am Aug 5, 2008 3:20am
Quoting CodeMuncher
Attachment

I modified the Accumulation Distribution indicator (A/D) to display a couple of A/D moving averages ( EMA(5) and EMA(50) ).

Looks like USDCAD is still being accumulated.
Codemuncher - How exactly does this relate to this thread, which is about S+R trading ?
  • #2,234
  • Aug 5, 2008 3:20am Aug 5, 2008 3:20am
Quoting len979
Oversold can, and does get MORE oversold. Markets behave irrationally a lot.

Closed aud/cad short for +2. Not feeling good about that trade either with the way loonie is acting
Glad I held on at +42 right now... only because i was sleeping though... sometimes it works out, but most of the time it doesn't.
  • #2,235
  • Aug 5, 2008 3:21am Aug 5, 2008 3:21am
wondering where will this pair lead me...
Attached Image
  • #2,236
  • Edited 11:08am Aug 5, 2008 3:27am | Edited 11:08am
Quoting loudoniii
Codemuncher - How exactly does this relate to this thread, which is about S+R trading ?
I could be wrong but usually accumulation stops at/near resistance and distribution stops at/near support. Doesn't it?

Quote

The Accumulation/Distribution Line is good means to measure the volume force behind a move.

  1. As a volume indicator, the Accumulation/Distribution Line will help to determine if the volume in a security is increasing on the advances or declines.
  2. The Accumulation/Distribution Line can be used to gauge the general flow of money. An uptrend indicates that buying pressure is prevailing, and a downtrend indicates that selling pressure is prevailing.
  3. The Accumulation/Distribution Line can be used to spot divergences, both positive and negative.
  4. The Accumulation/Distribution Line can be used to confirm the strength and sustainability behind a move.

There are some drawbacks to the Accumulation/Distribution Line, though.

  1. The indicator does not take gaps into consideration. A stock that gaps up and closes midway between the high and the low will not receive any credit for the advance off of the gap. A series of gaps could go largely undetected.
  2. Because the Accumulation/Distribution Line is clearly tied to price movement, specifically the close, it will sometimes move in step with the underlying security, and yield few divergences.
  3. It sometimes difficult to detect subtle changes in volume flows. The rate of change in a downtrend could be slowing, but it may be impossible to detect until the Accumulation/Distribution Line turns up.

  • #2,237
  • Aug 5, 2008 3:35am Aug 5, 2008 3:35am
Hi guys
great thread, big thanks to Billy Ray, Ironman and Len for all there efforts respect to you all,
I have been trading using s/r for quite a few months now, I hate most lagging indicators and k.i.s.s is the way to go, the worst thing is to have cluttered charts full of indicators, I just find it confusing and giving too many reasons not to pull the trigger.
Besides visually finding s/r lines which to any level of trader is not easy, I use 3 attached indicators which I find invaluable when looking for levels of s/r.
Anyway dont wanna hijack this fantastic thread anymore
respect to you all
Tom(uk)
Attached File(s)
File Type: ex4 ###Auto Pivot.ex4   15 KB | 477 downloads
File Type: ex4 FiboPiv_v2.ex4   5 KB | 488 downloads
File Type: ex4 --PivotCustomTime----.ex4   15 KB | 495 downloads
  • #2,238
  • Aug 5, 2008 3:36am Aug 5, 2008 3:36am
Oil is doing some crazy DOWN business. I don't mind... I just wish the price I paid at the pump dropped at an equal rate ~ Up like a rocket down like a feather.
  • #2,239
  • Aug 5, 2008 3:39am Aug 5, 2008 3:39am
I bought the GBPUSD at 1.9535
Energy and persistence conquer all things! Ben Franklin
  • #2,240
  • Aug 5, 2008 3:58am Aug 5, 2008 3:58am
Quoting Iron-man
I bought the GBPUSD at 1.9535
You have to be a little nuts to be a good trader otherwise you would have always been following the rest of them to their slaughter.
14 traders viewing now