Silent Service Method | Page 539 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Silent room 2 replies

Silent Success of Patience 10 replies

My silent journal 4 replies

bo7a method... method for GBP/JPY 205 replies

Seeing Through the Silent Crash 4 replies

Attachments: Silent Service Method
Exit Attachments

Silent Service Method

  • #10,761
  • Sep 21, 2010 2:11am Sep 21, 2010 2:11am
Quoting albertsy2
When you guys talk about the major levels "ending in 00 or 50", I am almost sure that you mean something like these numbers.

(for non-JPY pairs)
1.3000
1.2400
1.2450

(for JPY pairs)
85.00
84.50

Is this correct?
  • #10,762
  • Sep 21, 2010 7:22am Sep 21, 2010 7:22am
Quoting albertsy2
When you guys talk about the major levels "ending in 00 or 50", I am almost sure that you mean something like these numbers.

(for non-JPY pairs)
1.3000
1.2400
1.2450

(for JPY pairs)
85.00
84.50

Is this correct?

This is correct. In fact, some of the majors will even line up nicely with every 500 pips on the weekly. Try the EUR/JPY as an example. 100,105,110,115, etc work out nicely.
  • #10,763
  • Sep 21, 2010 7:24am Sep 21, 2010 7:24am
Ok, I have to hang off the side of a building all day in the blazing hot sun.....it's supposed to be 90 here today.

Do me a favor guys, and start pushing EUR/CHF up while I am gone!
  • #10,764
  • Sep 21, 2010 8:41am Sep 21, 2010 8:41am
It's the old magazine cover trick. You know how I know that this time is NOT different... Check out this magazine cover I just got in the mail:

Attached Image (click to enlarge)
Click to Enlarge Name: II-Sep2010.jpg Size: 473 KB
  • #10,765
  • Sep 21, 2010 11:37am Sep 21, 2010 11:37am
USDCHF is roaming around parity at the moment.
  • #10,766
  • Sep 21, 2010 1:26pm Sep 21, 2010 1:26pm
EURUSD testing 1.3300 again, I will wait how it will react on that
My edge ===> Patience
  • #10,767
  • Sep 21, 2010 4:43pm Sep 21, 2010 4:43pm
Quoting InfinitySL
It's the old magazine cover trick. You know how I know that this time is NOT different... Check out this magazine cover I just got in the mail:

Attachment
he he he

Thanks for the post.....this is a great indicator.
  • #10,768
  • Sep 21, 2010 4:46pm Sep 21, 2010 4:46pm
Quoting Ben920FX
EURUSD testing 1.3300 again, I will wait how it will react on that
Here is my chart on EURUSD......the reason I bring this up is that I see not only 1.33 as an area....but it really runs all the way up to 1.35
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 33 KB
  • #10,769
  • Sep 21, 2010 11:45pm Sep 21, 2010 11:45pm
When the commodities rebounded after the crisis hit, it was Sugar #11 that started the whole move. We are now at an interesting point in the chart. Is it finding support? Or is it starting to turn back down?

I can make the argument that it's overbought. (This is a huge "U" shaped chart. Odd really.)

But I can also make the argument that it's sitting on top of support. Either way, it printed a bearish pinbar yesterday. Here's the chart:
Attached Image (click to enlarge)
Click to Enlarge Name: sugar.png Size: 63 KB
  • #10,770
  • Sep 22, 2010 7:52am Sep 22, 2010 7:52am
Recently, there was a a lot of hoopla over Nat Gas breaking the $4 mark. If you understand S/R, you knew it didn't mean anything - yet.
Attached Image (click to enlarge)
Click to Enlarge Name: natgas.png Size: 69 KB
  • #10,771
  • Sep 22, 2010 9:52am Sep 22, 2010 9:52am
What's this new software you're using Chris? Is this an AVAFx proprietary platform -- How does it compare to MetaTrader?

NatGas has been in a funk forever -- there is a TON of it out there and people have lost a fortune trying to call a bottom on that thing. Furthermore, for people who play it via the ETF (Ticker: UNG) have gotten killed even worse (if you're interested, read up on what "Contango" is...).

Check out this chart (looks a little different than the futures chart...)
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-09-22 UNG.png Size: 76 KB
  • #10,772
  • Sep 22, 2010 2:25pm Sep 22, 2010 2:25pm
Quoting InfinitySL
What's this new software you're using Chris? Is this an AVAFx proprietary platform -- How does it compare to MetaTrader?

NatGas has been in a funk forever -- there is a TON of it out there and people have lost a fortune trying to call a bottom on that thing. Furthermore, for people who play it via the ETF (Ticker: UNG) have gotten killed even worse (if you're interested, read up on what "Contango" is...).

Check out this chart (looks a little different than the futures chart...)Attachment

Yes, it's AVA FX's platform. Actually, they offer MT4 as well....so you could use either.

UNG is a nightmare. A lot of people have been absolutely whacked by it.
  • #10,773
  • Sep 22, 2010 2:28pm Sep 22, 2010 2:28pm
Here is the USD/JPY chart.....

Looks like we might see more intervention.....probably closer to the lows though.
Attached Image (click to enlarge)
Click to Enlarge Name: yen.png Size: 27 KB
  • #10,774
  • Sep 22, 2010 2:52pm Sep 22, 2010 2:52pm
To paraphrase Monty Python and the Holy Grail:
King Arthur: "On second thought, let's not trade the Yen. It is a silly currency."
Disregard all prognostications.
  • #10,775
  • Sep 22, 2010 4:32pm Sep 22, 2010 4:32pm
Quoting Pidgeon
To paraphrase Monty Python and the Holy Grail:
King Arthur: "On second thought, let's not trade the Yen. It is a silly currency."
  • #10,776
  • Sep 22, 2010 5:44pm Sep 22, 2010 5:44pm
http://www.zerohedge.com/article/wal...bread-line-yet

the comment about halfway down about America being the only country in the world with fat poor people was quite amusing though.

Nice chart on the nat gas and ung. makes your backside clench just looking at it
  • #10,777
  • Sep 22, 2010 7:20pm Sep 22, 2010 7:20pm
even higher 13660 next level

Quoting clockwork71
Here is my chart on EURUSD......the reason I bring this up is that I see not only 1.33 as an area....but it really runs all the way up to 1.35
  • #10,778
  • Sep 22, 2010 10:30pm Sep 22, 2010 10:30pm
Quoting samer960
even higher 13660 next level
I actually have it as a "thick zone" if that makes any sense, with it starting at 1.35.....I actually think that will be a tough one for it to get through.....
  • #10,779
  • Sep 23, 2010 6:51am Sep 23, 2010 6:51am
I don't trade this particular market, but its hard not to notice how this set up at the end of yesterday's trading. BTW - it's down today.
Attached Image (click to enlarge)
Click to Enlarge Name: dax.png Size: 64 KB
  • #10,780
  • Sep 23, 2010 7:02am Sep 23, 2010 7:02am
Quoting clockwork71
I don't trade this particular market, but its hard not to notice how this set up at the end of yesterday's trading. BTW - it's down today.
have a look at the (weekly) dow-chart. it is also at a resistance-zone.
sorry, i cannot post a chart at the moment.
let's see what nfp causes to the market.
meine augen sind die sterne
5 traders viewing now