Trend Trading All Pairs | Page 223 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading correlation pairs by using the other pairs 843 replies

28 Pairs Trading Panel (Multi-pairs) 0 replies

Export All pairs or selected pairs to .csv with script 3 replies

Daily Bar Analysis - All Pairs/All Welcome 15 replies

Trend Trading All Currency Pairs 3 replies

Attachments: Trend Trading All Pairs
Exit Attachments

Trend Trading All Pairs

  • #4,441
  • Feb 22, 2010 11:02am Feb 22, 2010 11:02am
Aud/Nzd anyone?

Seems to be setting up nicely...lets see what happens.
  • #4,442
  • Feb 22, 2010 11:05am Feb 22, 2010 11:05am
Quoting Pipalicious
Aud/Nzd anyone?

Seems to be setting up nicely...lets see what happens.
Are you looking for a TT to the down side?

--NM
  • #4,443
  • Feb 22, 2010 11:11am Feb 22, 2010 11:11am
Quoting Pipalicious
Aud/Nzd anyone?

Seems to be setting up nicely...lets see what happens.
Here is the weekly chart on the AUDNZD, might be getting ready for a collapse?

--NM
Attached Image (click to enlarge)
Click to Enlarge Name: Weekly res.png Size: 49 KB
  • #4,444
  • Feb 22, 2010 11:24am Feb 22, 2010 11:24am
I am seeing a similar setup on the USDJPY daily chart as the CADJPY.

--NM
  • #4,445
  • Feb 22, 2010 11:47am Feb 22, 2010 11:47am
Only thing is CADJPY and AUDNZD don't move together...

They are negatively correlated...


Quoting NightMoves
I am seeing a similar setup on the USDJPY daily chart as the CADJPY.

--NM
In Charts We Trust!
  • #4,446
  • Feb 22, 2010 12:41pm Feb 22, 2010 12:41pm
Quoting X.Oden
Only thing is CADJPY and AUDNZD don't move together...

They are negatively correlated...
The AUDNZD was in regards too a different post and was not related to the any of JPY crosses I was talking about.

--NM
  • #4,447
  • Feb 22, 2010 1:45pm Feb 22, 2010 1:45pm
Quoting NightMoves
The AUDNZD was in regards too a different post and was not related to the any of JPY crosses I was talking about.

--NM
Yes i see what you mean NM.

I was considering taking a long and exiting all at swing high of previous move.

Either way markets are "dumb" today so no trade for me today.

Im going to wait it out till tomorrow and reasses all my charts again.

Nice move on your trade

Pip
  • #4,448
  • Feb 22, 2010 3:47pm Feb 22, 2010 3:47pm
Quoting Pipalicious
Yes i see what you mean NM.

I was considering taking a long and exiting all at swing high of previous move.

Either way markets are "dumb" today so no trade for me today.

Im going to wait it out till tomorrow and reasses all my charts again.

Nice move on your trade

Pip

You mean the 1HR/15MINS long on AUD/NZD? I see only two problem with that. #1. It is at the weekly high....#2. I will prefer to trade this pair during asia and early london session. Or at new york open.

There was a short earlier in GBP/CAD 1hr/15mins. 1, 2, 3 formation. Sorry...too busy to come here and alert.
  • #4,449
  • Feb 22, 2010 4:20pm Feb 22, 2010 4:20pm
This looked to be shaping up into a nice looking B-P-C but sadly price looks to have hung up.
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY 2-22-2010 15-16-18.jpg Size: 82 KB
  • #4,450
  • Feb 22, 2010 8:52pm Feb 22, 2010 8:52pm
I'm eyeing 1.5555 on Sterling for a short TT. It's just above the 61.8 ret of the last move down, and Sterling seems to like that kind of deep ret. The current up move looks like a bear flag IMO. Some may prefer to get in at 1.5550 as a RN, but I'll wait for the touch. Sterling trades loose enough for me to wait.
  • #4,451
  • Feb 22, 2010 9:55pm Feb 22, 2010 9:55pm
For a potential entry on trend collapse i am inclined to enter at the BPC of the RN 1.28000. As discussed earlier price hitting strong weekly resistance forming a rising wedge patter (which is a bearish flag)..on the PA side i can see spinning top, hangning man, inverted hammer and the second last candle was a bearish engulfing pattern.

Anyone else on the same page or thinking or a different entry option?
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD-H4.PNG Size: 43 KB
  • #4,452
  • Feb 22, 2010 9:55pm Feb 22, 2010 9:55pm
Quoting finswin56
I'm eyeing 1.5555 on Sterling for a short TT. It's just above the 61.8 ret of the last move down, and Sterling seems to like that kind of deep ret. The current up move looks like a bear flag IMO. Some may prefer to get in at 1.5550 as a RN, but I'll wait for the touch. Sterling trades loose enough for me to wait.
Yeah, me too..Still waiting to short GBPUSD.

Btw, i've 1 short position this morning on GBPCHF..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Yunero_ Feb. 23, 2010__02.gif Size: 20 KB
Click to Enlarge Name: Yunero_ Feb. 23, 2010__01.gif Size: 21 KB
Trend + S&R + RR =
  • #4,453
  • Feb 22, 2010 10:43pm Feb 22, 2010 10:43pm
Quoting MktScape
For a potential entry on trend collapse i am inclined to enter at the BPC of the RN 1.28000. As discussed earlier price hitting strong weekly resistance forming a rising wedge patter (which is a bearish flag)..on the PA side i can see spinning top, hangning man, inverted hammer and the second last candle was a bearish engulfing pattern.

Anyone else on the same page or thinking or a different entry option?
MktScape,

Your analysis looks similar to mine. It will be interesting to see which way this goes.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD 2-22-2010 21-39-58.jpg Size: 83 KB
  • #4,454
  • Feb 23, 2010 12:48am Feb 23, 2010 12:48am
Quoting yunero
Yeah, me too..Still waiting to short GBPUSD.

Btw, i've 1 short position this morning on GBPCHF..
I see your reasoning - both could be flushed by London Open... Am just following, may open demo trade on gchf just below RN

GBPUSD - short at 1.555?
  • #4,455
  • Feb 23, 2010 1:10am Feb 23, 2010 1:10am
Currently i've no position yet.. GBPCHF already hit my sl @ BE..

I'm still watching GBPUSD on the resistance zone can hold or not..
Trend + S&R + RR =
  • #4,456
  • Feb 23, 2010 1:35am Feb 23, 2010 1:35am
GU could fly higher if EU break the trendline..
Attached Image (click to enlarge)
Click to Enlarge Name: Yunero_ Feb. 23, 2010__04.gif Size: 18 KB
Trend + S&R + RR =
  • #4,457
  • Feb 23, 2010 1:49am Feb 23, 2010 1:49am
Quoting yunero
GU could fly higher if EU break the trendline..
Lets patiently wait and see - in mean time keep pips in bank...
  • #4,458
  • Feb 23, 2010 3:25am Feb 23, 2010 3:25am
Quoting Paulette
Lets patiently wait and see - in mean time keep pips in bank...
GU looking good right now.. Trend Trading rocks!
Trend + S&R + RR =
  • #4,459
  • Feb 23, 2010 3:30am Feb 23, 2010 3:30am
Quoting yunero
GU looking good right now.. Trend Trading rocks!

I agree, I got some demo pips on your GBP/CHF as I entered once it dipped below the RN, placing my stop just above the test level @ 1.6726... Then moved my SL too close, stopped out +40...

Was watching AUD/USD and USD/CAD for potential LOB's - but those trains left the station without a b-p-c... Just as well, they have now both returned...

EDIT: what was your GBP/USD entry?
  • #4,460
  • Feb 23, 2010 3:38am Feb 23, 2010 3:38am
Quoting yunero
Currently i've no position yet.. GBPCHF already hit my sl @ BE..
Damn GBPCHF is going to break major support @ 1.6585
Trend + S&R + RR =
5 traders viewing now