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U/J,E/U,G/U Fast Scalper

  • #301
  • Nov 10, 2009 5:54am Nov 10, 2009 5:54am
Quoting Fudomyo
waiting for the stock exchange to open.
forex opens 1.5 hours earlier, so you get most movement on NY forex session open, then NYSE open, then Frankfurt and London close during NY session. (besides news events)

http://www.2009.worldmarkethours.com/Stock/index.htm
http://forex.timezoneconverter.com/i...okyo&refresh=5
I have seen lot of trade volume so manily in back time 7.30 have a Big candle On Gbp/jpy..

thank
DRAGON-TECHNICAL ANALYSIS!
  • #302
  • Nov 10, 2009 6:03am Nov 10, 2009 6:03am
Quoting vincy balboa
I have seen lot of trade volume so manily in back time 7.30 have a Big candle On Gbp/jpy..

thank
Yes, that was right before NY Forex market opened. London positions the market down or up based on where they think market will go when NY opens. They always do that. So, sometimes it's profit taking, other times it is loading up for distribution during the NY move. And sometimes they balance it right on equilibrium so no one can guess the move on open except the insiders, and then they screw the retail traders who get in on the wrong side of the move .
  • #303
  • Nov 10, 2009 6:06am Nov 10, 2009 6:06am
Quoting Fudomyo
Yes, that was right before NY Forex market opened. London positions the market down or up based on where they think market will go when NY opens. They always do that. So, sometimes it's profit taking, other times it is loading up for distribution during the NY move. Ans sometimes they balance it right on equilibrium so no one can guess the move on open except the insiders...
so where is your 2 cent..

market will show bear or bull??
DRAGON-TECHNICAL ANALYSIS!
  • #304
  • Nov 10, 2009 6:12am Nov 10, 2009 6:12am
Quoting vincy balboa
so where is your 2 cent..

market will show bear or bull??
And Fixed Sence where you thing the Gbp/jpy will go ?
DRAGON-TECHNICAL ANALYSIS!
  • #305
  • Nov 10, 2009 6:15am Nov 10, 2009 6:15am
Quoting vincy balboa
so where is your 2 cent..

market will show bear or bull??
On the GY 149.8 is the equilibrium line. so they have it sitting perfectly to go either way... because we're under the DPP most traders are thinking short.
I'm bullish atm, but think we may test 149 again just to get more bears on board before it shoots up and knocks out the short position holders.
I could be 100% wrong, so trade what you see. I just have a suspicion the bubble is not over yet.
If we close under 148.5 I will consider short.

waiting on confirmation of the move.

on chart, the bottom of the red box is the short breakout target and the top line is the bull breakout target, 1498 is center line
Attached Image (click to enlarge)
Click to Enlarge Name: el.gif Size: 42 KB
  • #306
  • Nov 10, 2009 6:40am Nov 10, 2009 6:40am
would that be good short entry @ about 6730?
Attached Image (click to enlarge)
Click to Enlarge Name: gum15short.gif Size: 52 KB
Do not follow the path trodden by human laziness.
  • #307
  • Nov 10, 2009 7:59am Nov 10, 2009 7:59am
Quoting Fudomyo
closed my long +30 if it shoots up from here I'll kick myself... lol


GU 16723 is holding as resistance, but no signal to short yet. the 1, 5, and 15 are still bullish.
see 30 minute chart in gbp/jpy there is a Triangle formation
DRAGON-TECHNICAL ANALYSIS!
  • #308
  • Nov 10, 2009 8:33am Nov 10, 2009 8:33am
Quoting FiXed sense
would that be good short entry @ about 6730?
hey fixed sense

yes see my Thoughts


Gbp/usd..

I have 3 Chart only One example ……….
8h= 1.5713 level Touch and made a Trend line too 1.6278.
4 h= 1.6453 Touch again 1.6537 Triple to 1.6618.
30m= in 30minute there are a Trianlge Formation Touching the levels On 1.6848 1.6802 16754 16648 1.6596.

The Next support can be 1.6685 If some one is scapling.


http://i33.tinypic.com/2yyowzq.png
R prechter said One day..
WHEN THE MARKET BULL WHY TO THING ABOUT BEAR?
DRAGON-TECHNICAL ANALYSIS!
  • #309
  • Nov 10, 2009 1:19pm Nov 10, 2009 1:19pm
Quoting vincy balboa
hey fixed sense

yes see my Thoughts


Gbp/usd..

I have 3 Chart only One example ……….
8h= 1.5713 level Touch and made a Trend line too 1.6278.
4 h= 1.6453 Touch again 1.6537 Triple to 1.6618.
30m= in 30minute there are a Trianlge Formation Touching the levels On 1.6848 1.6802 16754 16648 1.6596.

The Next support can be 1.6685 If some one is scapling.


http://i33.tinypic.com/2yyowzq.png
R prechter said One day..
WHEN THE MARKET BULL WHY TO THING ABOUT BEAR?
what a pips..

market bull Exact from touch 1.6685 to 1.6790

cheer vincy
DRAGON-TECHNICAL ANALYSIS!
  • #310
  • Nov 10, 2009 9:56pm Nov 10, 2009 9:56pm
4 hour chart of Gbp/chf, first 4 hour chart KUMO is bull and second The Senkou span A is Supporting this Pair 1.6802 as Kiju Sen too , yes Agree the 1.69 level..
But here i have 4 chart 1st Elliot wave Complex Correction zigzag x Flat... and second 30 M 1 hour and 4 hour ICHIMOKU..

................................................................................................................................
................................................................
---------------------------------------------
..............................................................

In 30 minute chart the Senkou span AB crossover Giving the support on 1.6837 level
1 hour chart the Senkou B resistance on 1.6879 As well the Trend lin As well the 55 MVA retenz
4 hour chart The Price of Gbp/chf Support previously On 1.6767 level then The Kumo Cloud BULL so the Price level is making a New level of uptend And again and again in 4 hour chart The senkou span A is supporting that Pair and The Price level of Gbp/chf making Up trend, but Now We have Triangle Formation So the top Level 1.69 to his Low level 1.6767 there is a good Break out SITUATIONAL STILL THERE..

http://i33.tinypic.com/107w1h2.png


http://i37.tinypic.com/20t2x5j.png

ANALYSIS......by Vincy balboa
DRAGON-TECHNICAL ANALYSIS!
  • #311
  • Nov 10, 2009 10:47pm Nov 10, 2009 10:47pm
REPORT

CAD has been resilient across the board even so far on Tues despite the slight decline in stocks and commodities, but traction has been difficult to gain under the 1.0500. Rumors circulating on Mon about a potential CAD positive M+A may be keeping some CAD bids involved, but may get frustrated without any confirmation. Nonetheless, the potential for a 'buy the rumor, sell the fact' is also increasingly likely, especially with the BoC and government officials not wanting to see CAD appreciate too far.
<img style="width: 460px;" alt="">
DRAGON-TECHNICAL ANALYSIS!
  • #312
  • Nov 10, 2009 11:16pm Nov 10, 2009 11:16pm
important news




€
The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4940 level and was capped around the $1.5020 level. There were no major data released in the U.S. today and liquidity is expected to be lighter tomorrow as some banks will be closed for the U.S. Veteran’s Day holiday. Atlanta Fed President Lockhart said weakness in the commercial banking sector should not be a “show stopper” while San Francisco Fed President Yellen reported the most recent economic data suggest the U.S. may be experiencing another jobless recovery, adding it may be “gradual and vulnerable” and that the credit crisis has not disappeared entirely. In eurozone news, European Central Bank official Gonzalez-Paramo reported central banks may need to become more aggressive in preventing asset bubbles from forming. German financie minister Schauble reported Germay is “emphatically committed” to fiscal discipline and will reduce its budget deficit to conform with European Union rules by 2013. Data released in the eurozone today saw German ZEW November economic confidence recede slightly as the economic expectations index for the next six months fell to 51.1 from 56.0 in October. Dutch finance minister Bos reported the public “shouldn’t complain” about a strong euro. Other data released in the eurozone today saw the October consumer price index up 0.1% m/m and remain unchanged y/y. European Union official Alumnia reported the eurozone will begin to tighten fiscal policy in 2011. Euro bids are cited around the US$ 1.4445 level.
¥/ CNY
The yen appreciated vis-à-vis the U.S. dollar today as the greenback tested bids around the ¥89.70 level and was capped around the ¥90.15 level. Finance minister Fujii reported he is concerned about the rise in long-term interest rates and attributes this to uncertainty about the government’s budget plans. Most Japan-watchers believe the new Democratic Party of Japan government will ramp up its issuance of Japanese government bonds in the coming months to subsidize the anticipated increase in public spending. Data released in Japan overnight saw the trade surplus print at ¥221.6 billion in the first twenty days of October. Other data saw the September current account surplus expand +0.2% y/y to ¥1.568 trillion while October bank loans were up +1.5% y/y. Additionally, October corporate bankruptcy cases were off 13.1% y/y. Minutes from the Bank of Japan Policy Board meeting from 13-14 October were released last week in which policymakers noted they’d work to make sure investors realize the removal of some emergency stimuli program does not mean official interest rates will rise. The minutes noted the central bank plans to “maintain the accommodative financial environment.” BoJ Governor Shirakawa last week reported it is “unlikely that the decline in prices will induce downward pressure on economic activity.” On interest rates, Shirakawa added “The Bank of Japan declared an end to the state of emergency, but it will stand pat until the economy returns to normal. The bank will probably continue its super-low rate policy through early 2011.” BoJ’s Policy Board recently predicted core consumer prices will decline 1.5% in the year ending March 2010, decline 0.8% in the fiscal year ending March 2011, and decline 0.4% in the fiscal year ending March 2012. The central bank recently reported it will stop its purchase of corporate debt and commercial paper at the end of 2009. BoJ Policy Board’s next interest rate decision is scheduled for 19 November. The Nikkei 225 stock index climbed 0.62% to close at ¥9,870.73. U.S. dollar offers are cited around the ¥94.75 level. The euro moved lower vis-à-vis the yen as the single currency tested bids around the ¥134.10 level and was capped around the ¥135.40 level. The British pound moved lower vis-à-vis the yen as sterling tested bids around the ¥149.00 figure while the Swiss franc moved higher vis-à-vis the yen and tested offers around the ¥88.75 level. In Chinese news, the U.S. dollar weakened vis-à-vis the Chinese yuan as the greenback closed at CNY 6.8227 in the over-the-counter market, down from CNY 6.8260. State Information Centre official Zhu reported Chinese policymakers are unlikely to allow the yuan to appreciate this year and foreign pressures won’t make result in a policy shift by Chinese officials. The Obama administration reported it will press the Chinese on the yuan in upcoming talks.
₤
The British pound came off vis-à-vis the U.S. dollar today as sterling tested bids around the US$ 1.6600 figure and was capped around the $1.6685 level. Data released in the U.K. today saw the RICS October residential real estate headline price balance rise to +34% from +21% in September, an indication the sector continues to improve. Also, BRC retail sales climbed sharply for the second consecutive month in October, up 3.8% y/y. Additionally, the DCLG September house price index was off 4.1% and the September goods trade deficit increased to -₤7.2 billion from -₤6.1 billion. Bank of England’s quarterly inflation report will be released tomorrow. Cable bids are cited around the US$ 1.6555 level. The euro moved higher vis-à-vis the British pound as the single currency tested offers around the ₤0.9015 level and was supported around the ₤0.8935 level.





Technical Outlook at 1330 GMT (EDT + 0500)

(Bid Price) (Today’s Intraday Range)

EUR/ USD 1.4980 1.5020, 1.4938
USD/ JPY 89.83 90.17, 89.68
GBP/ USD 1.6726 1.6787, 1.6601
USD/ CHF 1.0080 1.0108, 1.0060
AUD/USD 0.9301 0.9322, 0.9254
USD/CAD 1.0495 1.0606, 1.0486
NZD/USD 0.7419 0.7460, 0.7375
EUR/ JPY 134.58 135.38, 134.11
EUR/ GBP 0.8953 0.9016, 0.8934
GBP/ JPY 150.28 151.00, 149.01
CHF/ JPY 89.09 89.57, 88.75
DRAGON-TECHNICAL ANALYSIS!
  • #313
  • Nov 10, 2009 11:25pm Nov 10, 2009 11:25pm
Quoting vincy balboa
5= 5 days good week of trading..
9= 48 goods weeks / 5 = 9.5

also 5.9...

5 days becoz maximum prof trader avoid to trade on Friday ..

here is more

[IMG]file:///C:/DOCUME%7E1/home/LOCALS%7E1/Temp/moz-screenshot.png[/IMG][IMG]file:///C:/DOCUME%7E1/home/LOCALS%7E1/Temp/moz-screenshot-1.png[/IMG][IMG]file:///C:/DOCUME%7E1/home/LOCALS%7E1/Temp/moz-screenshot-2.png[/IMG]
Wave 2
=====

- Wave 2 must retrace Wave 1 by a minimum of 20%

- Wave 2 is usually >50% and <162% in time of Wave 1

Wave 3
=====


- There is no minimum time constraint for Wave...
it seems that this came from another forum and is not your stuff?
http://forexforums.dailyfx.com/ellio...sion-1067.html
Don't chase the market, Let the market come to you
  • #314
  • Nov 10, 2009 11:40pm Nov 10, 2009 11:40pm
Quoting Tmac
it seems that this came from another forum and is not your stuff?
http://forexforums.dailyfx.com/ellio...sion-1067.html
hi Tmac

welcome to Fast scalper..

5= 5 days good week of trading..
9= 48 goods weeks / 5 = 9.5

also 5.9...

5 days becoz maximum prof trader avoid to trade on Friday . .

MINE..

and Second the elliot wave stuff For Note That Superem Chou Is asking so I Gave the KARIO elliot stuff ,,, that all Come from Internet He also finded in Internet


Read his Last line

http://www.forexfactory.com/showpost...&postcount=236

cheer vincy
DRAGON-TECHNICAL ANALYSIS!
  • #315
  • Nov 10, 2009 11:42pm Nov 10, 2009 11:42pm
bought uj 89.68 Still Profit 90.00 going on let the Profit run
DRAGON-TECHNICAL ANALYSIS!
  • #316
  • Nov 10, 2009 11:44pm Nov 10, 2009 11:44pm
Quoting vincy balboa
solded uj 89.68 Still Profit 90.00 going on let the Profit run
My Entry was exact the Next candle of 4 hour

cheer vincy
DRAGON-TECHNICAL ANALYSIS!
  • #317
  • Nov 10, 2009 11:47pm Nov 10, 2009 11:47pm
Bought gbp/jpy 149.73 L3 yellow
Still will hold H3 1.58
Made till 100 pips
DRAGON-TECHNICAL ANALYSIS!
  • #318
  • Nov 10, 2009 11:57pm Nov 10, 2009 11:57pm
Quoting vincy balboa
Bought gbp/jpy 149.73 L3 yellow
Still will hold H3 1.58
Made till 100 pips
touched the H 3 150.78

thinking to H 4 to gain 200 pips..

cheer vincy
DRAGON-TECHNICAL ANALYSIS!
  • #319
  • Nov 11, 2009 5:51pm Nov 11, 2009 5:51pm
off from trading now for a few days

once I'm settled in new place will be back.


good luck with your trades guys!
  • #320
  • Nov 11, 2009 11:34pm Nov 11, 2009 11:34pm
Hi

I like your geometrical pattern trading style chart and elliot wave analysis.

I trade short term trading style with less than 20 pips sl. You mentioned that, other forum where you trade scalping. Can you give me the link? Thanks.
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