Islander and Medici trade the European open | Page 84 | Forex Factory

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Islander and Medici trade the European open

  • #1,661
  • Jun 1, 2010 1:14am Jun 1, 2010 1:14am
Quoting Islander
GM - just a quick note that I'm seeing a bearish gartley on this TF with the "sell box" enclosing both the MS1 at 2287 and with the 2300 / DP right at the top......having taken an early buy, I'm watching the PA on my 1 min chart....
GM. Well done with early short. I wasn't early enough for that. I played it safe and closed when pushed through 1.2284 and re-entered at 1.2293. We'll how for this one goes. TWT.
  • #1,662
  • Jun 1, 2010 1:20am Jun 1, 2010 1:20am
LHs in both Euro and Cable after clear bearish candles on both 1 min and 5 min charts.....I sold both
Trading Levels with WRBs
  • #1,663
  • Jun 1, 2010 1:25am Jun 1, 2010 1:25am
Quoting medici
GM. Well done with early short. I wasn't early enough for that. I played it safe and closed when pushed through 1.2284 and re-entered at 1.2293. We'll how for this one goes. TWT.
Thanks...both € and cable had clear buys as they made mini break-ups and then it was about waiting for my old friend the 1 min marubozo to signal the exit and then wait for a confirmed short signal.....I've aleady exited both shorts - again marubozos - and am looking for the next entry.....
Trading Levels with WRBs
  • #1,664
  • Jun 1, 2010 1:41am Jun 1, 2010 1:41am
Sold both again after fresh LHs - cable's bouncing off its 4500 level, €s currently the weaker....
Trading Levels with WRBs
  • #1,665
  • Jun 1, 2010 1:51am Jun 1, 2010 1:51am
Quoting Islander
Thanks...both € and cable had clear buys as they made mini break-ups and then it was about waiting for my old friend the 1 min marubozo to signal the exit and then wait for a confirmed short signal.....I've aleady exited both shorts - again marubozos - and am looking for the next entry.....
I'm out too...now.
  • #1,666
  • Jun 1, 2010 1:52am Jun 1, 2010 1:52am
Quoting Islander
Sold both again after fresh LHs - cable's bouncing off its 4500 level, €s currently the weaker....
and banked a few more, now waiting for LO...
Trading Levels with WRBs
  • #1,667
  • Jun 1, 2010 2:14am Jun 1, 2010 2:14am
Quoting medici
Bats come out at night, and there's a potential sell in the Euro at 1.2284. Much in line with the patterns described at the beginning of this thread.
Pattern completed. Should have trusted that one more...target was 1.2207.
  • #1,668
  • Jun 1, 2010 2:24am Jun 1, 2010 2:24am
I took 2 more shorts off LHs - not the best way to have traded this, but as I was "milking" each swing down I obtained good profits....my 15 min T1 was at 2203 - also todays S3 - and T2 is at 2162 - these are taken off Fridays range to allow for yesterdays holiday....now I have a time zone for a bounce....
Trading Levels with WRBs
  • #1,669
  • Jun 1, 2010 2:34am Jun 1, 2010 2:34am
Quoting Islander
I took 2 more shorts off LHs - not the best way to have traded this, but as I was "milking" each swing down I obtained good profits....my 15 min T1 was at 2203 - also todays S3 - and T2 is at 2162 - these are taken off Fridays range to allow for yesterdays holiday....now I have a time zone for a bounce....
We are so alike. I'm in on the bounce too...
  • #1,670
  • Jun 1, 2010 2:36am Jun 1, 2010 2:36am
I have a small bullish bat pattern on my 15m chart and a 1 min HL, so I'm long - small size As €'s short term oversold I'm expecting it to have a pull back too......
Trading Levels with WRBs
  • #1,671
  • Jun 1, 2010 2:38am Jun 1, 2010 2:38am
Quoting medici
We are so alike. I'm in on the bounce too...
....but I took a buy in cable as I currently view it as "stronger"....TWT

Edit; and it had a HL.....
Trading Levels with WRBs
  • #1,672
  • Jun 1, 2010 2:42am Jun 1, 2010 2:42am
Quoting Islander
....but I took a buy in cable as I currently view it as "stronger"....TWT

Edit; and it had a HL.....
closed ~the 75 level.....now will we get a HL.....OR continue downwards ....TWT
Trading Levels with WRBs
  • #1,673
  • Jun 1, 2010 2:53am Jun 1, 2010 2:53am
Hi,

Must be easy today even I put some pips in the bank

I am afraid the Gartleys are beyond me but I intend to be patient (LOL) for the month of June and wait for MA setups on EU and GU.

I just have to get rid of about 1021 bad habits and I should be right

Thanks again guys !!
Money grows on the tree of persistence
  • #1,674
  • Jun 1, 2010 2:54am Jun 1, 2010 2:54am
Quoting Islander
I have a small bullish bat pattern on my 15m chart and a 1 min HL, so I'm long - small size As €'s short term oversold I'm expecting it to have a pull back too......
1.21775 is the 25/05 low and also 161.8% of the last push up on the 28/05. Long from there.
  • #1,675
  • Jun 1, 2010 3:05am Jun 1, 2010 3:05am
Quoting medici
1.21775 is the 25/05 low and also 161.8% of the last push up on the 28/05. Long from there.
ah....thank you for reminding me to look at my hourly charts too ....the low was also in a time zone and 123 (Lucas) 1 min candles from the high

I'm long both € and cable - cable had a HL 28 mins (L-1) from its low......

On €s hourly chart, IF this low holds, it will have made a nice inverse H & S......
Trading Levels with WRBs
  • #1,676
  • Jun 1, 2010 3:13am Jun 1, 2010 3:13am
Quoting ozmacca
Hi,

Must be easy today even I put some pips in the bank

I am afraid the Gartleys are beyond me but I intend to be patient (LOL) for the month of June and wait for MA setups on EU and GU.

I just have to get rid of about 1021 bad habits and I should be right

Thanks again guys !!
Well done http://cdn.forexfactory.com/images/icons/dollar.gif

I cheat with harmonic patterns and use the Zup indy http://cdn.forexfactory.com/images/icons/icon12.gif
Attached Image (click to enlarge)
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Trading Levels with WRBs
  • #1,677
  • Jun 1, 2010 3:20am Jun 1, 2010 3:20am
and
Attached Image (click to enlarge)
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Trading Levels with WRBs
  • #1,678
  • Jun 1, 2010 4:14am Jun 1, 2010 4:14am
Hi,

I have found a ZupV64 MQ version so that should run on my PC, I can't run Ex4s.

I notice that all the charts are 15M charts, do you find that the best TF for Zup or is that coincidence ?
Money grows on the tree of persistence
  • #1,679
  • Jun 1, 2010 4:19am Jun 1, 2010 4:19am
Quoting medici
A Butterfly pattern is potentially developing in the Euro. The potential reversal level is around 1.2072.

EDIT- If this level and the Euro-yen level of 110.60 were to be reached at the same time, that would imply a dollar-yen rate of 91.62, so entirely feasible.
Keep this one in mind...
  • #1,680
  • Jun 1, 2010 7:20am Jun 1, 2010 7:20am
Short at 161.8%.
Attached Image (click to enlarge)
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