trading801's Koala Forex Articles and EUR/USD views | Page 133 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Forex Articles 23 replies

The Koala System (No brainer) 127 replies

Forex Articles 1 reply

Attachments: trading801's Koala Forex Articles and EUR/USD views
Exit Attachments

trading801's Koala Forex Articles and EUR/USD views

  • #2,641
  • Nov 12, 2009 7:46am Nov 12, 2009 7:46am
i am flat now.. as usual i dont like to hang around impt levels.. u folks?
  • #2,642
  • Nov 12, 2009 7:52am Nov 12, 2009 7:52am
Quoting trading801
i am flat now.. as usual i dont like to hang around impt levels.. u folks?
Me too ...
"I will walk before they make me run" K.Richards
  • #2,643
  • Nov 12, 2009 7:57am Nov 12, 2009 7:57am
lets hope f4p dont go ard breaking rules again heehee
  • #2,644
  • Nov 12, 2009 8:09am Nov 12, 2009 8:09am
Quoting trading801
lets hope f4p dont go ard breaking rules again heehee
hehehe, red for the day right now, I will be flat, this was crazy man only my test trading running
  • #2,645
  • Nov 12, 2009 8:25am Nov 12, 2009 8:25am
ohhh it is testing it again !!!
  • #2,646
  • Nov 12, 2009 8:32am Nov 12, 2009 8:32am
Four hour gold chart has run into support. If it breaks and closes below---- look out.
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 88.png Size: 26 KB
  • #2,647
  • Nov 12, 2009 8:33am Nov 12, 2009 8:33am
Quoting trading801
ohhh it is testing it again !!!
no, is the same one, remember it has a SL of 200 haven't touch it yet
  • #2,648
  • Nov 12, 2009 8:41am Nov 12, 2009 8:41am
Today the worst where Euro and Yen, they were kicked by all the other currencies
  • #2,649
  • Nov 12, 2009 10:03am Nov 12, 2009 10:03am
See you tomorrow ... for the end of the asian session ...
Good night all
"I will walk before they make me run" K.Richards
  • #2,650
  • Nov 12, 2009 10:10am Nov 12, 2009 10:10am
Quoting Jm4x
See you tomorrow ... for the end of the asian session ...
Good night all
night, sleep well
  • #2,651
  • Nov 12, 2009 3:12pm Nov 12, 2009 3:12pm
The gold chart is a good indication of what could be in the cards on the EUR. If the correlation continues (not pip for pip) dollar strength is in the cards for next week. Now I'm not saying bet the farm, but a plan of selling tops may not be a bad one.
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 89.png Size: 27 KB


I'm watching the support/resistance (fibs too) on the EUR but I'm sill only trading short (long) on the CHF. Watch and plan (that means wait for the entry you want). WTF do I know trade it like you see it.

One more thing while I am predisposed to shorts at this point, I do see wisdom in buying at support.
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 90.png Size: 44 KB
  • #2,652
  • Nov 12, 2009 3:12pm Nov 12, 2009 3:12pm
testing impt line.. if this break 1.48 may be next
  • #2,653
  • Nov 12, 2009 3:14pm Nov 12, 2009 3:14pm
hihi koala knuckle
  • #2,654
  • Nov 12, 2009 3:28pm Nov 12, 2009 3:28pm
Quoting trading801
hihi koala knuckle

Hi King801. I may be trading a longer time frame than you, so ignore anything that doesn't fit your plan. Just keep a look out for bumps in the road. We may see a consolidation channel until the end of the year. nothing happens until the people with real money say so.
  • #2,655
  • Nov 12, 2009 3:54pm Nov 12, 2009 3:54pm
Just a possible. A return to 1.4875-80 or 1.49ish could present another short opportunity. Its just a shot in the dark so don't bet the farm.
  • #2,656
  • Nov 12, 2009 4:50pm Nov 12, 2009 4:50pm
btw knuckle. e/u and u/chf is inverse correlated right? can u share why is it so? ty ty
  • #2,657
  • Nov 12, 2009 5:16pm Nov 12, 2009 5:16pm
this is strange.. i can't find my post on this thread... thought i posted 2 threads already hmm.
  • #2,658
  • Nov 12, 2009 5:17pm Nov 12, 2009 5:17pm
Quoting trading801
btw knuckle. e/u and u/chf is inverse correlated right? can u share why is it so? ty ty

I think the technical term is PFM. You need to calculate the inverse quotient of the square to the third power and just subtract the square root of pie---- simple.

PFM= pure f#cking magic

I don't know why, and I don't care. It's not always as correlated as it seems to be right now, but its the best way to take profit without closing your position.


"WARNING" never hedge. Only play a counter position if your a couple hundred pips or better in profit.
  • #2,659
  • Nov 12, 2009 5:19pm Nov 12, 2009 5:19pm
hope you guys have good trades for the past few days! seems like EU is doing well


I see a mini-scaled H&S figure + the final exhaustion on sustaining 1.5 levels for EU... it's going to be a quick trip down...


(strange I posted 2 posts on this thread recently but they disappeared?)
  • #2,660
  • Nov 12, 2009 5:30pm Nov 12, 2009 5:30pm
Quoting knuckledrag
PFM= pure f#cking magic

I don't know why, and I don't care. It's not always as correlated as it seems to be right now, but its the best way to take profit without closing your position.
You always make me laugh, PFM I read it thinking of a new terminology something sophisticated. hahahaha

by the way I will have to learn how to trade on longterm, I will have to read more and demo it to practice, I tried on my account but it is hard, I failed
1 trader viewing now