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  • #501
  • Oct 26, 2010 3:03am Oct 26, 2010 3:03am
Great Thread Dan !

Can you precise how are you identifying pairs to trade?
I mean are you doing an end of week analysis (on Saturday) on all pairs so to identify potential PA set up for next Monday?
I guess you are screening pairs based on your checklist that you have already posted.

Actually I am struggling to put in place a standard trading agenda / roadmap.

All the best from paris.
  • #502
  • Oct 26, 2010 7:17am Oct 26, 2010 7:17am
I am actively trading NightMoves method which is very close to what DANUK shows here with biggest difference in entry department. But I am looking for DANUK described opportunity now as well. From what I understand good candidates to watch for signals are EUR/GBP, GBP/JPY and GBP/AUD for now. They are all trading and are in deep retracements now.
  • #503
  • Oct 26, 2010 10:51am Oct 26, 2010 10:51am
Hi guys,
EUR/GBP and USD/CHF are running as designed

Cheers,
Seif
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurgbp2.PNG Size: 45 KB
Click to Enlarge Name: USDCHF1.PNG Size: 43 KB
  • #504
  • Oct 26, 2010 12:45pm Oct 26, 2010 12:45pm
Hi seifo005 i am looking to short usd/chf if we get PA in the 0.9900 / 1.0000 area.

Quoting seifo005
Hi guys,
EUR/GBP and USD/CHF are running as designed

Cheers,
Seif
  • #505
  • Oct 26, 2010 12:50pm Oct 26, 2010 12:50pm
Just thought i would share some of my current trades that are doing ok.

audcad long from 0.98845
euraud short from 1.43384
usdsgd short from 1.30753

Hope it's clear why i made the trades, if not please ask
  • #506
  • Oct 26, 2010 12:51pm Oct 26, 2010 12:51pm
If we merge the two last weekly candles of the EUR/GBP we get a very nice shooting star,
Hope it will close like that,
What you think guys ?
Attached Image
  • #507
  • Oct 26, 2010 6:22pm Oct 26, 2010 6:22pm
Quoting bez3000
Just thought i would share some of my current trades that are doing ok.

audcad long from 0.98845
euraud short from 1.43384
usdsgd short from 1.30753

Hope it's clear why i made the trades, if not please ask

Hi bez, nice trades. I dont see the reason for the entry on USD/SGD daily, although I can see a reason for it on the weekly.

Cheers
gjp
  • #508
  • Oct 26, 2010 6:46pm Oct 26, 2010 6:46pm
Quoting bez3000
Hi seifo005 i am looking to short usd/chf if we get PA in the 0.9900 / 1.0000 area.


Agreed bez, 1.0000 looks a particularly good area.
  • #509
  • Oct 26, 2010 6:53pm Oct 26, 2010 6:53pm
Hi Dan,

Are you able to say what percentage of your trades go on to hit the 1,000 pip mark? I seem to be getting taken out a lot at break even.

Cheers
gjp
  • #510
  • Oct 27, 2010 2:17am Oct 27, 2010 2:17am
Quoting GJP
Agreed bez, 1.0000 looks a particularly good area.
Price is almost there, lets see if we see any PA
  • #511
  • Oct 27, 2010 5:25am Oct 27, 2010 5:25am
hey seifo005....on your charts i see an indicator that shows Pip Value, atr projections etc etc, do you mind sharing?

Quoting seifo005
Hi guys,
EUR/GBP and USD/CHF are running as designed

Cheers,
Seif
  • #512
  • Oct 27, 2010 8:12am Oct 27, 2010 8:12am
anyone seeing this short cadchf opportunity?
  • #513
  • Oct 27, 2010 8:38am Oct 27, 2010 8:38am
Quoting TGpop
anyone seeing this short cadchf opportunity?
Please show a chart to explain your thoughts.
  • #514
  • Oct 27, 2010 8:56am Oct 27, 2010 8:56am
A couple of charts i am watching, all comments welcome
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd.jpg Size: 64 KB
Click to Enlarge Name: eurcad.jpg Size: 74 KB
Click to Enlarge Name: eurchf.jpg Size: 68 KB
Click to Enlarge Name: usdjpy.jpg Size: 70 KB
  • #515
  • Oct 27, 2010 9:58am Oct 27, 2010 9:58am
IMHO, Aud/NZD is worth watching too.
Attached Image (click to enlarge)
Click to Enlarge Name: AuD-NZD.JPG Size: 140 KB
Trading is a test match not a Twenty20.
  • #516
  • Oct 27, 2010 10:01am Oct 27, 2010 10:01am
Quoting bez3000
A couple of charts i am watching, all comments welcome
HI Bez...

I'm watching AUD-USD and USDJPY just like you. I'm also sitting on my hand to don't counter-trade these pairs until those areas/levels

Regarding EUR_USD I'm a bit lost... It is in consolidation mode and could be testing support at 1.37.

I'm thinking that if it breaks we may have a trend reversal...Again i'm lost
  • #517
  • Oct 27, 2010 10:31am Oct 27, 2010 10:31am
laranja,

I think with eurusd price may rise from it's current point but it may also drop to previous levels at around 1.3350 which has acted as support and resistance as well as being at 50% fib an very close to the rising trend line.
Tie will tell

Quoting laranja
HI Bez...

I'm watching AUD-USD and USDJPY just like you. I'm also sitting on my hand to don't counter-trade these pairs until those areas/levels

Regarding EUR_USD I'm a bit lost... It is in consolidation mode and could be testing support at 1.37.

I'm thinking that if it breaks we may have a trend reversal...Again i'm lost
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 126 KB
  • #518
  • Oct 27, 2010 10:35am Oct 27, 2010 10:35am
Quoting decentchap
IMHO, Aud/NZD is worth watching too.
Hi decentchap,

I have also been watching this pair but i think it's got some way to go as i would want to see price break 1.3200 as it's made a double top and then come back and use that area as support looking for price action to go long. Is that what you are thinking?
Dan any comments on this pair?
  • #519
  • Oct 27, 2010 11:51am Oct 27, 2010 11:51am
im short
Attached Image (click to enlarge)
Click to Enlarge Name: ff.png Size: 269 KB
  • #520
  • Oct 27, 2010 4:46pm Oct 27, 2010 4:46pm
Quoting bez3000
Hi decentchap,

I have also been watching this pair but i think it's got some way to go as i would want to see price break 1.3200 as it's made a double top and then come back and use that area as support looking for price action to go long. Is that what you are thinking?
Dan any comments on this pair?
Hi bez,

I am currently in very early learning phase of my trading career, so do take my view with BIG pinch of salt.
I see two things happening here. There is one cup and handle pattern forming which suggests that trend may continue after brief consolidation. in Which case I would like to go past 1.32 which appears to be a strong resistance.

Another theory is that a pin bar was formed piercing the 1.32 level and as we can see the price has fallen back sharply, so it may well be reversal of the trend in which case I would look for an entry to sell.

In either case, I would let a candlestick pattern with at key s/r with some other confluence guide me.
Trading is a test match not a Twenty20.
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