Trend Trading All Pairs | Page 436 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading correlation pairs by using the other pairs 843 replies

28 Pairs Trading Panel (Multi-pairs) 0 replies

Export All pairs or selected pairs to .csv with script 3 replies

Daily Bar Analysis - All Pairs/All Welcome 15 replies

Trend Trading All Currency Pairs 3 replies

Attachments: Trend Trading All Pairs
Exit Attachments

Trend Trading All Pairs

  • #8,701
  • Oct 29, 2010 3:15am Oct 29, 2010 3:15am
Quoting shiko
this one is very obvious, practically to the pip. BTW, I liked yesterday rejection on USD/CHF 0.9805. exactly previous high.
well, I agree with the to the pip thing, but you got price action in between, making that to the pip level not a very likely strong reaction point.
If you wanna play those to the pip things, look for an S/R level that hasn't been used for a long time. This one has practically gotten sloshed around pretty much already. And the last highs indicate that the actual S/R level is at around 114 as drawn in my previous chart.
That's why I said this S/R levels is pretty vague, cause it's at least a 300 pip level.
  • #8,702
  • Oct 29, 2010 3:23am Oct 29, 2010 3:23am
Quoting Custos
well, I agree with the to the pip thing, but you got price action in between, making that to the pip level not a very likely strong reaction point.
If you wanna play those to the pip things, look for an S/R level that hasn't been used for a long time. This one has practically gotten sloshed around pretty much already. And the last highs indicate that the actual S/R level is at around 114 as drawn in my previous chart.
That's why I said this S/R levels is pretty vague, cause it's at least a 300 pip level.

Yes, it has been mess this week, but it looks like the price wants out. Daily ATR is all used up, but if it truly breaks it can go a long way. This pair has been pretty timid for a long time.
Next level downstairs is between 110-109.00. 109.45 must be strong support. I shorted from there twice.
  • #8,703
  • Oct 29, 2010 3:27am Oct 29, 2010 3:27am
I have been trading BRV's No Brainer trades method for quite some time, so, it is like my second nature to watch this s/r lines. The problem with No Brainer Trades is that it is too much discretionary and it is often hard to get which s/r level will hold. Steven has got a tons of experience from his bank/ hedge fund trading days so he knows better wehich level holds and which not. I like NightMoves/ Hector's method cause it provides structure and utilizes s/r into trading.
  • #8,704
  • Oct 29, 2010 3:28am Oct 29, 2010 3:28am
Trading No Brainer method is exactly looking for entries with minimum DD on s/r levels. To the pip so to speak.
  • #8,705
  • Oct 29, 2010 4:06am Oct 29, 2010 4:06am
Quoting shiko
Trading No Brainer method is exactly looking for entries with minimum DD on s/r levels. To the pip so to speak.
thanks for the information
  • #8,706
  • Oct 29, 2010 5:04am Oct 29, 2010 5:04am
Quoting redsword11
Attachment

Attachment


Attached Image (click to enlarge)
Click to Enlarge Name: loony.jpg Size: 65 KB




closed in supply zone

awaiting more PA for possible short
  • #8,707
  • Oct 29, 2010 8:18am Oct 29, 2010 8:18am
Attached Image (click to enlarge)
Click to Enlarge Name: en 4hr.jpg Size: 74 KB


Attached Image (click to enlarge)
Click to Enlarge Name: en entry.jpg Size: 85 KB
  • #8,708
  • Oct 29, 2010 10:06am Oct 29, 2010 10:06am
Attached Image (click to enlarge)
Click to Enlarge Name: loony left.jpg Size: 94 KB


Attached Image (click to enlarge)
Click to Enlarge Name: loony.jpg Size: 82 KB
  • #8,709
  • Oct 29, 2010 10:46am Oct 29, 2010 10:46am
Quoting redsword11
Attachment

Attachment

Attached Image (click to enlarge)
Click to Enlarge Name: loony.jpg Size: 80 KB
  • #8,710
  • Oct 29, 2010 12:48pm Oct 29, 2010 12:48pm
Attached Image (click to enlarge)
Click to Enlarge Name: nok.jpg Size: 74 KB
  • #8,711
  • Oct 29, 2010 4:53pm Oct 29, 2010 4:53pm
Quoting redsword11
Attachment
if you look at the weekly, usd/nok just bounced off a longterm resistance level. So a short would have been more likely to succeed.
  • #8,712
  • Oct 31, 2010 10:55am Oct 31, 2010 10:55am
nzdusd seems to be on its way up again. On Friday weekly down trendline and also previous high was broken. If it continues when London opens tomorrow I will consider a long entry.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Weekly_nzdusd-10.31.2010-04.48.00PM.jpg Size: 114 KB
Click to Enlarge Name: Daily_nzdusd-10.31.2010-04.49.42PM.jpg Size: 130 KB
  • #8,713
  • Oct 31, 2010 2:46pm Oct 31, 2010 2:46pm
Quoting annis
nzdusd seems to be on its way up again. On Friday weekly down trendline and also previous high was broken. If it continues when London opens tomorrow I will consider a long entry.
I was watching this from last week and although the pullback was massive it was possibly still valid. I had a pending at top of breakout
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-11-01_0639_NZD_USD.png Size: 171 KB
We are all One. Be present. Be the Observer
  • #8,714
  • Oct 31, 2010 4:30pm Oct 31, 2010 4:30pm
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 75 KB
  • #8,715
  • Oct 31, 2010 5:07pm Oct 31, 2010 5:07pm
Quoting Iamfx
I was watching this from last week and although the pullback was massive it was possibly still valid. I had a pending at top of breakout
well, that is not a proper setup.
If your pullback makes a new low, it is not a bpc anymore. the pullback has to make a higher low, not a lower low.
  • #8,716
  • Oct 31, 2010 5:22pm Oct 31, 2010 5:22pm
Attached Image (click to enlarge)
Click to Enlarge Name: loony.jpg Size: 69 KB





mixed dollar picture across the market ........
  • #8,717
  • Oct 31, 2010 7:03pm Oct 31, 2010 7:03pm
Hm, guys, any idea d what that spike was? I see no news around. Probably someone told something on Bloomberg?
  • #8,718
  • Oct 31, 2010 7:06pm Oct 31, 2010 7:06pm
Attached Image (click to enlarge)
Click to Enlarge Name: aud.jpg Size: 96 KB
  • #8,719
  • Oct 31, 2010 7:21pm Oct 31, 2010 7:21pm
Quoting shiko
Hm, guys, any idea d what that spike was? I see no news around. Probably someone told something on Bloomberg?
Can be anything from news to just an institution clearing out a position. But does it matter why the spike happened? Not really, just trade price.
  • #8,720
  • Oct 31, 2010 7:54pm Oct 31, 2010 7:54pm
Quoting Custos
Can be anything from news to just an institution clearing out a position. But does it matter why the spike happened? Not really, just trade price.
It happened over the wide range of pairs. So, I wondered what the reason might be. I think you are right about institutions clearing positions. I think it actually might be good for further development. I think also a lot of guys got caught by going long or short along with this spike
5 traders viewing now