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  • #6,161
  • Mar 26, 2010 4:03am Mar 26, 2010 4:03am
Quoting malcolmb14
hope you all got this one

I was in at 1.4980 as was expecting retrace to this level , ( last weeks low) when i saw seller on great retail number I could see pros using the good news to sell into I was 100 % sure we would see lower lows this week. Sorry i did not post but sold this and went to bed 4am just woke up

Here is a perfect example of why news traders often get hammered

I may be aimined 1.4350 with this trade next week sometime and will be adding sells on all up moves with weakness

Attachment
malcomb, hi,

I have told your comment to my friend and he told me that dukas sentiment tells the reverse, and there is a buying ...

here is the news,
http://www.dukascopy.com/swiss/engli...tch/sentiment/

why dukas tells us the truth , i think

if saxo also says the same thing, then it is going to be confirmation of your analysis

thanks for your analysis ...

edit : I think i didnot understand anything from that report. What does it tells in terms of bananas ? could you explain please ?
  • #6,162
  • Edited 8:46am Mar 26, 2010 8:26am | Edited 8:46am
Hi guys,

Nice EU (M15) short from 1.3395 after price showed weakness by closing (with low volume) a pip above the high volume bar.

Also looks like we have many guys long EUR, making it a worthwhile trade.
  • #6,163
  • Mar 26, 2010 8:34am Mar 26, 2010 8:34am
Quoting wh1zz0
Hi guys,

Nice EU short from 1.3395 after price showed weakness by closing (with low volume) a pip above the high volume bar.
Yes I saw that too although I didnt take it. I took a short earlier in the eve which I was toppd out on for a small loss.

Looking at the GbpUsd I have a feeling we are going to break the lows today. It wouldnt surprise me to see the smart money take out the low and bring it right back up so we end the week with a pin on the daily through the old low.

Im watching the volume on the FX futures carefully to see anything I like. I will post a chart in a bit.
  • #6,164
  • Mar 26, 2010 8:36am Mar 26, 2010 8:36am
Quoting wh1zz0
Hi guys,

Nice EU short from 1.3395 after price showed weakness by closing (with low volume) a pip above the high volume bar.

Thanks for the commentary

It lloks like the better volume better price "might" be/ perhaps similar

On a 512 chart I had low range bar with high sell volume

As well it occurred at the top of a trend up to 3407 other indicators kicked in as well

SineWave does a pretty good job of marking support resist, momentum etc
  • #6,165
  • Edited 9:30am Mar 26, 2010 9:18am | Edited 9:30am
Friday, Mar 26, 2010, 07:53*


Issue Resolved Over Greece-
New agreement btw Germany and rest of EU: combined IMF and EU aid to Greece would be allowed, if unanimous decision in E-Z countries.



Excerpt: SAXO BANK
  • #6,166
  • Mar 26, 2010 9:33am Mar 26, 2010 9:33am
Pppphhhewww im so happy that criis is over.
  • #6,167
  • Mar 26, 2010 9:46am Mar 26, 2010 9:46am
Pro's sell on good news right? If thats true they must be doing it now.
  • #6,168
  • Mar 26, 2010 9:51am Mar 26, 2010 9:51am
Quoting Sonofsin5
Pro's sell on good news right? If thats true they must be doing it now.

Yeah but be careful... As for me.. I'm done trading for the week cause I don't think I like the action. I just have a feeling something's not right here. We may see consolidation till next week. Maybe.
  • #6,169
  • Mar 26, 2010 9:54am Mar 26, 2010 9:54am
Quoting wh1zz0
Be careful... As for me.. I'm done trading for the week. I just have a feeling something's not right here. We may see consolidation till next week. Maybe.
I agree, my analysis this week has been about as correct as Jim Cramers. Might just let this go and call it a week although I am very tempted to take a short here. The learning curve continues.
  • #6,170
  • Mar 26, 2010 6:27pm Mar 26, 2010 6:27pm
i already posted this in another thread - but was very curious about what you guys think.
here is the chart...
Attached Image (click to enlarge)
Click to Enlarge Name: g-j_nd.gif Size: 17 KB
Nihil Sine Deo.
  • #6,171
  • Mar 26, 2010 7:15pm Mar 26, 2010 7:15pm
Quoting Scrat
i already posted this in another thread - but was very curious about what you guys think.
here is the chart...
I doubt this a NO Demand,
This is daily chart, it's hard to judge it in VSA terms.
Every Friday volume is lower than previous 2 day most of times, same you can see for Mondays.
Better to look when Friday closes in relation to current/previous week high/low.
on your chart 6 week ago you can see same kind of "no supply" bar which is fake because it's just monday)
“buy the rumor, sell the news”
  • #6,172
  • Mar 27, 2010 7:23am Mar 27, 2010 7:23am
Quoting ShowT
I doubt this a NO Demand,
This is daily chart, it's hard to judge it in VSA terms.
Every Friday volume is lower than previous 2 day most of times, same you can see for Mondays.
Better to look when Friday closes in relation to current/previous week high/low.
on your chart 6 week ago you can see same kind of "no supply" bar which is fake because it's just monday)
...lol, look to the left, do you see strength or weakness?
  • #6,173
  • Edited 8:48am Mar 27, 2010 8:34am | Edited 8:48am
Hi, Hope you guy like this new version indicator.
Attached File(s)
File Type: mq4 iPolo - Daily Pivots and HLC.mq4   12 KB | 369 downloads
  • #6,174
  • Mar 27, 2010 12:06pm Mar 27, 2010 12:06pm
Quoting Scrat
i already posted this in another thread - but was very curious about what you guys think.
here is the chart...
IMO , GJ is at a crossroad. It has been ranging just below 76 fib and yen is sitting on fib 76 too.It will all depend on yen now but first we have to take a good look at daily Dow. It looks like a good stopping vol. on the previous day doji. Since Yen is highly correllated to dow and if that sign of weakening in Dow is confirmed then yen will rise and pull GJ down again.
I expect asian and london session will be ranging again. We will have to wait for NY open to confirm this.
I believe that is a no demand bar on GJ.
Attached Image (click to enlarge)
Click to Enlarge Name: djia_d.png Size: 11 KB
  • #6,175
  • Mar 27, 2010 1:46pm Mar 27, 2010 1:46pm
Quoting Scrat
i already posted this in another thread - but was very curious about what you guys think.
here is the chart...

Firstly, your volume data looks a bit shady, the bar you are looking at is heading up towards previous high volume area, tried once before and failed, see what the next couple of bars say.
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 25 KB
  • #6,176
  • Mar 28, 2010 6:30am Mar 28, 2010 6:30am
malcolmb, I am sure a lot of people here would be gracefull to you if you can tip in advance what to watch out this week. Crucial Events to watch out maybe are:

1. Eastern Semi-Holiday Holy Week (Thin Market by end of week - First Days of new Month?)
2. End of Japanese Fiscal year ? (Yen Are Flown Back To Japan , so a sell pressure for other currencies, especially $? )
3. Expiration of Futures - Options ? (What to expect - Spikes?)
  • #6,177
  • Mar 28, 2010 10:47am Mar 28, 2010 10:47am
Quoting cosmoras
malcolmb, I am sure a lot of people here would be gracefull to you if you can tip in advance what to watch out this week. Crucial Events to watch out maybe are:

1. Eastern Semi-Holiday Holy Week (Thin Market by end of week - First Days of new Month?)
2. End of Japanese Fiscal year ? (Yen Are Flown Back To Japan , so a sell pressure for other currencies, especially $? )
3. Expiration of Futures - Options ? (What to expect - Spikes?)
watching gu

weekly we tested the ultra high volume down bar of 4 weeks back . Last week was on low volume and could be a test

1.4925 is key , above that and we may see 1.5000 above that we may have seen a temporary bottom

1.4780 breaks to down side then the stopping volume seen on weekly 4 weeks back has been invalidated

from a weekly dj we still ended last week in middle of bar with uptrend intact so for now dj is still buy dips


Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 238 KB
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  • #6,178
  • Mar 28, 2010 10:57am Mar 28, 2010 10:57am
Quoting Scrat
i already posted this in another thread - but was very curious about what you guys think.
here is the chart...

the more interesting candle on this chart is the low spread high vol bar just before what you are calling a no demand bar.

we had a wide spread high volume up bar , followed by a low spread high volume up bar. The 2nd bar was a sign of selllers. the fact that these both happened at top of range is a sign of weakness.

I would be tempted to sell this under vwap 137 with a 150 pip stop for target 133 , 1:2 risk reward

Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 31 KB
Blogging daily now at www.volume.zone
  • #6,179
  • Edited 1:25pm Mar 28, 2010 1:02pm | Edited 1:25pm
dont we wait for downward move till 1,43some ?

i am waiting for a gap will open 50 pips below of close of friday close..

it is rather my wish

aha, I remembered 400 pips decrease in 1-2 hours, 2 weeks ago on monday opening.. could be again? lets see

opsss, it's around 1,4960..
  • #6,180
  • Mar 28, 2010 1:14pm Mar 28, 2010 1:14pm
Quoting bruceli
dont we wait for downward move till 1,43some ?

i am waiting for a gap will open 50 pips below of close of friday close..

it is rather my wish

aha, I remembered 400 pips decrease in 1-2 hours, 2 weeks ago on monday opening.. could be again? lets see

why guess .... gap up right now 20 pip . I am bullish gu this week based on weekly test

shit now gu up above 1.4925 50 pip gap
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