Islander and Medici trade the European open | Page 90 | Forex Factory

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Islander and Medici trade the European open

  • #1,781
  • Jun 19, 2010 2:46pm Jun 19, 2010 2:46pm
Further to my comments in the last post, I have to share this interview with Constance Brown. A document filled with trading wisdom that in parts reads like a classic, e.g. Seneca, where sentences are immediately recognised as quotes to be committed to memory and notebook.

Enjoy!
Attached File(s)
File Type: pdf interviewSC Connie Brown.pdf   252 KB | 12,511 downloads
  • #1,782
  • Jun 20, 2010 4:35am Jun 20, 2010 4:35am
Hi,

Thanks for the PDF saved it in my educational stuff !
Money grows on the tree of persistence
  • #1,783
  • Jun 29, 2010 5:07pm Jun 29, 2010 5:07pm
Possible line-in-the-sand at 5075 if cable stays above 5045.
Attached Image (click to enlarge)
Click to Enlarge Name: cable 29 june.jpg Size: 89 KB
  • #1,784
  • Jun 29, 2010 11:58pm Jun 29, 2010 11:58pm
Euro: 1.2250-55
Aussie: 0.8550
Cable 1.5075-90
  • #1,785
  • Jun 30, 2010 1:06am Jun 30, 2010 1:06am
Hi medici
great you are posting again .
any chances to see some charts to try to understand the reason why
tks
David

Quoting medici
Euro: 1.2250-55
Aussie: 0.8550
Cable 1.5075-90
  • #1,786
  • Edited 1:37am Jun 30, 2010 1:15am | Edited 1:37am
Quoting david4u
Hi medici
great you are posting again .
any chances to see some charts to try to understand the reason why
tks
David
Hi David,

here are the charts for Euro and Aussie. For cable, see previous chart. Cable also displays a '3-drives-to-top' pattern.

EDIT: The fibs in the Euro chart are slightly incorrect. The 38.2% level should be at 1.2255.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aussie 30 june.gif Size: 33 KB
Click to Enlarge Name: euro 30 june.gif Size: 25 KB
  • #1,787
  • Jun 30, 2010 2:54am Jun 30, 2010 2:54am
Quoting medici
Euro: 1.2250-55
Aussie: 0.8550
Cable 1.5075-90
Worked well, except that the Euro quite didn't make it to 1.2255 and cable only managed 1.5073.
  • #1,788
  • Jul 6, 2010 1:38am Jul 6, 2010 1:38am
GM - too busy to trade much, but managed a few pre FO pips this morning.....it would have been rude not too


Now the 5175 level is acting as resistance......
Attached Image (click to enlarge)
Click to Enlarge Name: jly 7 cable 5m fo.gif Size: 34 KB
Trading Levels with WRBs
  • #1,789
  • Jul 6, 2010 1:41am Jul 6, 2010 1:41am
Quoting Islander
GM - too busy to trade much, but managed a few pre FO pips this morning.....it would have been rude not too


Now the 5175 level is acting as resistance......
What indicator are you using for the market profile?
The greatest force on earth is compound interest.
  • #1,790
  • Jul 6, 2010 2:08am Jul 6, 2010 2:08am
Quoting sebastionay
What indicator are you using for the market profile?

This one, set on yesterdays NY close - well 5pm edt....
Attached File(s)
File Type: mq4 marketprofile_scrat.mq4   8 KB | 319 downloads
Trading Levels with WRBs
  • #1,791
  • Aug 6, 2010 1:22am Aug 6, 2010 1:22am
GM - a classic move up into the Frankfurt Open

A nice 20 pips before coffee....
Attached Image (click to enlarge)
Click to Enlarge Name: aug 6 cable 5m fo.gif Size: 18 KB
Trading Levels with WRBs
  • #1,792
  • Aug 6, 2010 1:39am Aug 6, 2010 1:39am
and again, HL at resistance now support...
Attached Image (click to enlarge)
Click to Enlarge Name: aug 6 cable 5m fo plus 35.gif Size: 19 KB
Trading Levels with WRBs
  • #1,793
  • Aug 6, 2010 1:49am Aug 6, 2010 1:49am
Quoting Islander
and again, HL at resistance now support...
Nice clear charts too thanks. I have been learning loads about trading HL / LH from Dave Vantage, he says you are the man to thank.

So a big thankyou Islander, you guys have transformed my trading.
  • #1,794
  • Aug 6, 2010 1:54am Aug 6, 2010 1:54am
Quoting jag1966
Nice clear charts too thanks. I have been learning loads about trading HL / LH from Dave Vantage, he says you are the man to thank.

So a big thankyou Islander, you guys have transformed my trading.
Happy to help and to hear that you're making some pips...

BTW - are you a fan of the old products from Browns Lane?
Trading Levels with WRBs
  • #1,795
  • Aug 6, 2010 2:04am Aug 6, 2010 2:04am
Quoting Islander
Happy to help and to hear that you're making some pips...

BTW - are you a fan of the old products from Browns Lane?
Haha yes mate how did you guess?
  • #1,796
  • Aug 6, 2010 3:09am Aug 6, 2010 3:09am
Quoting jag1966
Haha yes mate how did you guess?
I was an R&D engineer there....
Trading Levels with WRBs
  • #1,797
  • Aug 6, 2010 3:14am Aug 6, 2010 3:14am
Choppy action. I've been selling off MR1 untill the UHVol graveyard doji low, which made me think that perhaps the pros were positioning for the PPI etc in half an hour, so I bought and then closed when it failed to follow thru'....I'm finished for this morning.....BFN
Attached Image (click to enlarge)
Click to Enlarge Name: aug 6 cable 5m 8am gmt.gif Size: 23 KB
Trading Levels with WRBs
  • #1,798
  • Aug 6, 2010 3:37am Aug 6, 2010 3:37am
Quoting Islander
I was an R&D engineer there....
Haha cool,

I am third generation Jaguar owner, always second hand, but hey I'd rather a second hand Jag than a brand new noddy car any day.

I don't think people realise how cheap they are to run if you maintain them yourself.

Back to trading.

I don't understand VSA enough to post here but have added this thread to my todo list, thanks for all the hard work here guys.
  • #1,799
  • Aug 6, 2010 4:05am Aug 6, 2010 4:05am
Here's a couple of Euro trades I took today based on Composite Index divergence together with price being outside of the Bollinger Bands - a high-probability set-up.

The Cable sell off the retracement to the DP after the news was also a good one
Attached Image (click to enlarge)
Click to Enlarge Name: euro 6 aug.gif Size: 26 KB
  • #1,800
  • Aug 6, 2010 5:27am Aug 6, 2010 5:27am
Good money there fellas
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