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  • #12,861
  • Aug 7, 2009 12:22pm Aug 7, 2009 12:22pm
1.428 held up well in the EUR/USD, as did USD/CHF 107.25-3...both yeilding tons of points with only 8-15 points of drawdown.

[/quote]


I am sure you bagged your rabbit before the level went bust. what a volatility. E/U looked like G/Y today.
However, BRW was right,. notice how price spiked both ways killing a tons of little guys' stops. That's why it was so violent.
I took position a couple of minutes before news when i noticed price starting making this pulsating move upward. Looked like accumulation to me and that big orders were coming in.
I still wonder, will E/J hit 1.3910 today.
  • #12,862
  • Aug 7, 2009 10:08pm Aug 7, 2009 10:08pm
Hi Shiko,

You have skype? Would you private message me with your skype contact? I may perhaps be able to organize something based on daily s/r and BRV style trading.

kk

Quoting shiko
Bpenberg, Hi,

It would be nice.
how to join you?
  • #12,863
  • Aug 7, 2009 10:12pm Aug 7, 2009 10:12pm
Yes, it is; but trading during news time may reduce trade success rate. It is difficult to find out how strong the momentum is, and if it would clean-break a s/r.

Quoting shiko
1.428 held up well in the EUR/USD, as did USD/CHF 107.25-3...both yeilding tons of points with only 8-15 points of drawdown.
  • #12,864
  • Aug 9, 2009 6:26pm Aug 9, 2009 6:26pm
The GBPJPY broke resistance from H1, H4, and D1.
H1 chart is sitting on old resistance looking like new support.
Anyone long on new highs?
  • #12,865
  • Aug 9, 2009 6:39pm Aug 9, 2009 6:39pm
The trade log on the first page seems to not have many trades during recent weeks.. is it because it is not being updated or are the trade signals just not as much anymore?
  • #12,866
  • Aug 9, 2009 10:19pm Aug 9, 2009 10:19pm
“The Daily Sentiment Index for the Dollar Index reports just 3 percent bulls among traders, an extreme level achieved only five times in the past 20 years, usually near an important low. The dollar should bottom right about here and begin a multi-year advance, coinciding with the next great wave of deflation.” – Elliott Wave Theorist, August 5, 2009
  • #12,867
  • Aug 9, 2009 11:55pm Aug 9, 2009 11:55pm
Keeping an eye on the EUR/USD, 1.43 level for a short. USD/CHF 107.33 another level for a long bounce. If we see further dollar strength, 1.0935 USD/CHF looks good for a daily resistance short.

EUR/USD below

http://i24.photobucket.com/albums/c2...h_eusdaug9.jpg

And my USD/CHF lines...

http://i24.photobucket.com/albums/c2...h_uchfaug9.jpg
  • #12,868
  • Aug 10, 2009 2:46am Aug 10, 2009 2:46am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 10 aug.gif Size: 17 KB


GBPUSD

1.6570 has been a good area of resistance and should serve as a good area for a bounce. Confluence with a major TL (Yellow colour) should give some pips.

Seems that the short term trend is down. Short the retest of 1.6800 round no.

Summary

Long 1.6570
Short 1.6800

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 10 aug.gif Size: 23 KB


EURUSD

Agreed with Sam's analysis on the 1.4300. Very clear area of support and its a round number as well. Should yield some pips short

A spike base on the 1.4100 area previously. Price consolidated and then broke out of 1.4100. Price consolidated after breaking out forming a base on 1.4100 before breaking out again. A retest of the spike base would be a good chance to go long.

Summary
S 1.4300
L 1.4100

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy 10 aug.gif Size: 22 KB


USDJPY

A huge spike upwards due to the NFP. Price is holding well. Good entry would be long 95.75.

Summary L 95.75

Attached Image (click to enlarge)
Click to Enlarge Name: usdchf 10 aug.gif Size: 26 KB


USDCHF

Agreed with Sam's analysis on 1.0730 being a good area for a long. good historical Support and resistance as well as it conicides with the 38.2 fib

Summary L 1.0730
  • #12,869
  • Aug 10, 2009 3:31am Aug 10, 2009 3:31am
Hi Sam

What timeframe do you do your analysis on?

Thanks,


Quoting sam0182
Keeping an eye on the EUR/USD, 1.43 level for a short....
  • #12,870
  • Aug 10, 2009 4:45am Aug 10, 2009 4:45am
Quoting dingo432
“The Daily Sentiment Index for the Dollar Index reports just 3 percent bulls among traders, an extreme level achieved only five times in the past 20 years....
is this from your email? Thanks for sharing this info.
  • #12,871
  • Aug 10, 2009 5:29am Aug 10, 2009 5:29am
Quoting kk007
Hi Shiko,

You have skype? Would you private message me with your skype contact? I may perhaps be able to organize something based on daily s/r and BRV style trading.

kk


I used to have skype before cleaning and upgrading PC. But it would not be a problem. I will download it today and will let you know my nick. Let me know yours too.
  • #12,872
  • Aug 10, 2009 5:33am Aug 10, 2009 5:33am
Looking to shot Eur/ Jpy at 1.3920-1.3935
  • #12,873
  • Aug 10, 2009 6:12am Aug 10, 2009 6:12am
Quoting Pirabuji
Hi Sam

What timeframe do you do your analysis on?

Thanks,
Daily, 4hr & 1hr. 4hr charts are posted above.
  • #12,874
  • Aug 10, 2009 8:04am Aug 10, 2009 8:04am
Quoting shiko
I used to have skype before cleaning and upgrading PC. But it would not be a problem. I will download it today and will let you know my nick. Let me know yours too.
Thanks shiko,

You will need to open your private messaging facilities in your FF account in order that we can send private message. And then I can send you my skype name.

kk007
  • #12,875
  • Aug 10, 2009 9:29am Aug 10, 2009 9:29am
nice charts ! starting to like 109 area aswell if continues upwards, needs to break 108.44 resistance , tempted for a small short but will resist..
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfdaily.gif Size: 20 KB
  • #12,876
  • Aug 10, 2009 9:48am Aug 10, 2009 9:48am
Quoting booker66
nice charts ! starting to like 109 area aswell if continues upwards, needs to break 108.44 resistance , tempted for a small short but will resist..
Attachment
Nice chart Booker, if we could only get some direction going again. It's like we need an NFP bomb to move price anywhere...
  • #12,877
  • Edited 10:32am Aug 10, 2009 10:20am | Edited 10:32am
Quoting sam0182
Nice chart Booker, if we could only get some direction going again. It's like we need an NFP bomb to move price anywhere...
hi 102 .. to be honest i havent been trading for a week , but looking over the charts it looks unpredictable to say the least , a lot of posted levels have been taken out. good luck.
  • #12,878
  • Aug 10, 2009 12:22pm Aug 10, 2009 12:22pm
Keep an eye on the EUR/USD for a quick bounce off 1.4093
  • #12,879
  • Edited 3:55pm Aug 10, 2009 3:25pm | Edited 3:55pm
Quoting sam0182
Keep an eye on the EUR/USD for a quick bounce off 1.4093
102 ?? sorry sam0182 losing the plot !
nice tip almost nailed it ...
  • #12,880
  • Aug 10, 2009 3:46pm Aug 10, 2009 3:46pm
Quoting w00p
GBP/JPY @ a TOP.. I'm short from 162.42
hello, did u manage to stay in the trade or did it take u out at 163 if so lovely trade..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 15 KB
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