Triple taps | Page 29 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

gbp triple top? 11 replies

no-lag-Triple exponential Moving average(t3) based on heiken ashi values 9 replies

Triple A Method 307 replies

Wednesday Triple Rollover 2 replies

Is that a triple top 4 replies

Attachments: Triple taps
Exit Attachments

Triple taps

  • #561
  • Oct 12, 2010 4:58pm Oct 12, 2010 4:58pm
There's only one trade I feel pretty comfortable with tonight.

E/J 1 hr chart listed

E/J......it's maxed on the trend line for the weekly and the monthly. It doesn't look like it will break through.

I'm not sure it will drop right off...the 1 hr looks good for a drop. The 4 hr???? It may dance around the trend line. The 4 hr rsi is turning down. This could be an indicator that it will drop. The 4hr, daily, weekly are all saying short.

I may risk it and go in because of the 1 hr indicators. The TDI is headed towards a cross. I don't like how flat the green line looks.
Attached Image (click to enlarge)
Click to Enlarge Name: ej3.gif Size: 13 KB
  • #562
  • Oct 12, 2010 5:27pm Oct 12, 2010 5:27pm
i am looking for up movei nto 115 as long as 113.5 holds. On my heat map today eur and chf strongest , gu weakest

Quoting cugir321
There's only one trade I feel pretty comfortable with tonight.

E/J 1 hr chart listed

E/J......it's maxed on the trend line for the weekly and the monthly. It doesn't look like it will break through.

I'm not sure it will drop right off...the 1 hr looks good for a drop. The 4 hr???? It may dance around the trend line. The 4 hr rsi is turning down. This could be an indicator that it will drop. The 4hr, daily, weekly are all saying short.

I may risk it and go in because of the 1 hr indicators. The TDI is headed towards a cross. I don't like...
Blogging daily now at www.volume.zone
  • #563
  • Oct 12, 2010 5:38pm Oct 12, 2010 5:38pm
Don't have a lot of time....there's a bunch that need looked at....

You can grade them. Check the trend on the 4hr, daily, weekly tf's....

many have triple taps right now on the 4hr

a/u

e/u

u/cad

cad/jpy

e/nzd

e/cad

Good fortune!!!
  • #564
  • Edited 6:17pm Oct 12, 2010 5:57pm | Edited 6:17pm
I bet it doesn't....E/J is the prettiest....it all shows down. trend on all tf's are down....indicators ready to fall on 1hr. RSI is down on 4hr....that #3 rsi means now!!!

I see the trendline you're talking about malc....I don't think it's going there.

E/J is at yesterdays low right now...it also broke the daily pivot down.

Lots of Euro pairs are saying ...down!!! E/NZD already started.

Good fortune if you take it up. The only thing I think could take it up is the news....coming in the next hour.

If you're correct...everything will be breaking up thru the trendlines tonight. Triple taps will mean nothing.

Quoting malcolmb14
i am looking for up movei nto 115 as long as 113.5 holds. On my heat map today eur and chf strongest , gu weakest
  • #565
  • Oct 12, 2010 6:22pm Oct 12, 2010 6:22pm
Thanks cugir321..
no doubt you got it all.. all the pips
.
Attached Image (click to enlarge)
Click to Enlarge Name: 0-0,ff63..GIF Size: 13 KB
  • #566
  • Oct 12, 2010 6:24pm Oct 12, 2010 6:24pm
I'm not saying it will drop long term....tonight for a decent amount of pips.
  • #567
  • Oct 12, 2010 6:29pm Oct 12, 2010 6:29pm
You can always doubt me....but, I do post my reasons.


Quoting forex3e
Thanks cugir321..
no doubt you got it all.. all the pips
.
  • #568
  • Oct 12, 2010 6:34pm Oct 12, 2010 6:34pm
euro is strongest currency again today .... it is resting right now but will head to 1.4000 in london and maybe higher by end of weeks. This will take ej to 115 ...take a look at your daily ej and then decide if you want to sell it !!!! same wick as last time took us to 115.5

113.50 is the key to this trade working. as long as that holds we see a test of those highs OR higher.

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 133 KB




Quoting cugir321
I bet it doesn't....E/J is the prettiest....it all shows down. trend on all tf's are down....indicators ready to fall on 1hr. RSI is down on 4hr....that #3 rsi means now!!!

I see the trendline you're talking about malc....I don't think it's going there.

E/J is at yesterdays low right now...it also broke the daily pivot down.

Lots of Euro pairs are saying ...down!!! E/NZD already started.

Good fortune if you take it up. The only thing I think could take it up is the news....coming in the next hour.

If you're correct...everything will be...
Blogging daily now at www.volume.zone
  • #569
  • Oct 12, 2010 6:45pm Oct 12, 2010 6:45pm
no doubt = i do not doubt .. sorry simple english
.
Attached Image (click to enlarge)
Click to Enlarge Name: 0-0,ff63...GIF Size: 16 KB
  • #570
  • Oct 12, 2010 6:48pm Oct 12, 2010 6:48pm
Take a look at the daily wick 4 days ago....look similar?

The weekly stoch, TDI and rsi are all maxed and ready to drop...here's the weekly chart.

It could go 200 pips....a quick up and back.... It could do 115 because it's the main trend line. I don't think it will....that 4 hr rsi is saying down.

Quoting malcolmb14
euro is strongest currency again today .... it is resting right now but will head to 1.4000 in london and maybe higher by end of weeks. This will take ej to 115 ...take a look at your daily ej and then decide if you want to sell it !!!! same wick as last time took us to 115.5

113.50 is the key to this trade working. as long as that holds we see a test of those highs OR higher.

Attachment
Attached Image (click to enlarge)
Click to Enlarge Name: ej4.gif Size: 16 KB
  • #571
  • Oct 12, 2010 6:51pm Oct 12, 2010 6:51pm
Quoting cugir321
Take a look at the daily wick 4 days ago....look similar?
that is what i am thinking. ... up move.

EURO got heaviliy accumualted on the lows in London .. look for 1.3900 support to hold

On my currency relative strength eur and chf strongest last 20 , 15 min bars , jpy and gbp neutral. so gbpchf , eurjpy good pairs to trade ej long , gbpchf sells.
Blogging daily now at www.volume.zone
  • #572
  • Oct 12, 2010 7:03pm Oct 12, 2010 7:03pm
Quoting cugir321
Take a look at the daily wick 4 days ago....look similar?

The weekly stoch, TDI and rsi are all maxed and ready to drop...here's the weekly chart.

It could go 200 pips....a quick up and back.... It could do 115 because it's the main trend line. I don't think it will....that 4 hr rsi is saying down.
the weekly tl you drew is not 100 % correct and open to interpretation

here is my weekly and my daily with my forecast ... hope you can make use of it.

Attached Image (click to enlarge)
Click to Enlarge Name: ej weekly.jpg Size: 95 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ej daily.jpg Size: 98 KB
Blogging daily now at www.volume.zone
  • #573
  • Oct 12, 2010 7:10pm Oct 12, 2010 7:10pm
I didn't make myself clear. There was a doji type 4 days ago on the daily....price didn't break over it. Continued down.

I see your trendline....I see the indicators. It is a nice doji. I think the next resistence line 114.10 it will drop back

The news is driving it presently. My opinion.

Quoting malcolmb14
that is what i am thinking. ... up move.

EURO got heaviliy accumualted on the lows in London .. look for 1.3900 support to hold

On my currency relative strength eur and chf strongest last 20 , 15 min bars , jpy and gbp neutral. so gbpchf , eurjpy good pairs to trade ej long , gbpchf sells.
  • #574
  • Oct 12, 2010 7:14pm Oct 12, 2010 7:14pm
eurjpy 30 min ...broke downward line off top ... could be bullflag .. for now SAR trend indie is green. I am not selling into that , not with the low vol tests we saw on 30 min at 113.40

btw I am long since 113.50 so have a bull bias

Attached Image (click to enlarge)
Click to Enlarge Name: ej 30 .jpg Size: 118 KB
Blogging daily now at www.volume.zone
  • #575
  • Oct 12, 2010 7:15pm Oct 12, 2010 7:15pm
I'm not in so I wish you well......

Also if this keeps up it will be a little double top. The 30 min and 1 hr are showing little wicks at the same resistance point. About 114.00. If it breaks 114.00 and goes up then I may cross over to your dark side! At 114.10...still not a long boy.

Quoting malcolmb14
eurjpy 30 min ...broke downward line off top ... could be bullflag .. for now SAR trend indie is green. I am not selling into that , not with the low vol tests we saw on 30 min at 113.40

btw I am long since 113.50 so have a bull bias

Attachment
  • #576
  • Oct 12, 2010 7:19pm Oct 12, 2010 7:19pm
Quoting cugir321
I didn't make myself clear. There was a doji type 4 days ago on the daily....price didn't break over it. Continued down.

I see your trendline....I see the indicators. It is a nice doji. I think the next resistence line 114.10 it will drop back

The news is driving it presently. My opinion.

you made yourself clear ok .... here is 2 hour ej with your rsi on there , a setting of 14 , which used to be my fav .. slope is UP crossing 50 ... liely the sar , and tma will ben up in london

I am not expecting this to move up till London and into us tomorrow.

Attached Image (click to enlarge)
Click to Enlarge Name: ej 30 .jpg Size: 126 KB
Blogging daily now at www.volume.zone
  • #577
  • Oct 12, 2010 7:27pm Oct 12, 2010 7:27pm
This night will be interesting....most of the pairs I listed earlier were triple taps and broke through the line....nothing is more then 10-15 pips so......my gut says. The tap rules.
  • #578
  • Oct 12, 2010 7:28pm Oct 12, 2010 7:28pm
current.. EU 1h 3 taps..
.
  • #579
  • Oct 12, 2010 7:30pm Oct 12, 2010 7:30pm
Quoting forex3e
current.. EU 1h 3 taps..
.
eu heading to 1.4 or higher ...

heavy buying on all dips even still.

If you can get long in 1,3900 area for move to 1.4 in london ...
Blogging daily now at www.volume.zone
  • #580
  • Oct 12, 2010 7:36pm Oct 12, 2010 7:36pm
I see a triple tap coming at 1.3970 on the 4hr. The indicators are maxed up. I wouldn't count on it going higher for a while.

Quoting malcolmb14
eu heading to 1.4 or higher ...

heavy buying on all dips even still.

If you can get long in 1,3900 area for move to 1.4 in london ...
0 traders viewing now