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Trading with Deadly Accuracy

  • #1,041
  • Jan 10, 2011 6:01am Jan 10, 2011 6:01am
i like 21ma any tf usually good.
bull in a china shop
  • #1,042
  • Jan 10, 2011 6:07am Jan 10, 2011 6:07am
damn i missed that cable trade
  • #1,043
  • Jan 10, 2011 6:17am Jan 10, 2011 6:17am
now you owe every body here a drink! missing gbpusd is no excuse.
bull in a china shop
  • #1,044
  • Jan 10, 2011 6:20am Jan 10, 2011 6:20am
Quoting plasmapants
now you owe every body here a drink! missing gbpusd is no excuse.
hehe, well i just got my 15 pips on that EUR AUD,

so what you havin
  • #1,045
  • Jan 10, 2011 6:26am Jan 10, 2011 6:26am
i'll have some of this if it let me
Attached Image (click to enlarge)
Click to Enlarge Name: ujpy.gif Size: 25 KB
bull in a china shop
  • #1,046
  • Jan 10, 2011 6:34am Jan 10, 2011 6:34am
Quoting plasmapants
i'll have some of this if it let me
yes i will be watching, do u look for consolidation on 1 hr then zoom into 15min or do you just use 15 min only
  • #1,047
  • Jan 10, 2011 6:37am Jan 10, 2011 6:37am
i'm using every tf, but getting used to 5's and 15's. get better set ups day to day on those time frames.
bull in a china shop
  • #1,048
  • Jan 10, 2011 6:37am Jan 10, 2011 6:37am
Here's my setup for EURAUD which I would assume to be very conservative for Deadly method:
http://img703.imageshack.us/img703/6...urauddelta.png
http://img823.imageshack.us/img823/8340/posdk.png
  • #1,049
  • Jan 10, 2011 6:42am Jan 10, 2011 6:42am
Quoting Sdvsa
Here's my setup for EURAUD which I would assume to be very conservative for Deadly method:
http://img703.imageshack.us/img703/6...urauddelta.png
http://img823.imageshack.us/img823/8340/posdk.png
according to the method hasnt that 1st tp area become new unstested support after breaking up, or am i wrong in the method therE?
  • #1,050
  • Edited 7:17am Jan 10, 2011 7:02am | Edited 7:17am
It now reminds of run-down to penetrate upper resistance (or go for re-test; in this case it would be classical 123 formation for entry)
SL @ BE + a little.
http://img821.imageshack.us/img821/9...rauddelta1.png
  • #1,051
  • Jan 10, 2011 7:18am Jan 10, 2011 7:18am
does any1 see a opprtunity on AUD NZD around 1.3070 ? for a sell

i think i can see a boost down than a small hook up then turning into parabola towards that 3070 area
  • #1,052
  • Jan 10, 2011 8:31am Jan 10, 2011 8:31am
Quoting deankenny21
according to the method hasnt that 1st tp area become new unstested support after breaking up, or am i wrong in the method therE?
Yes deankenny,
I omitted to post H4 chart on which setup was based:
http://img225.imageshack.us/img225/2...10euraudh4.png
So your concern was right.

Now the battle is full-fledged, so not a best place to stay until either of 123 formations on M30 chart is completed:
http://img696.imageshack.us/img696/2053/95809837.png

H1 support you pointed to is now almost certainly drained.
  • #1,053
  • Edited 8:51am Jan 10, 2011 8:40am | Edited 8:51am
Quoting deankenny21
does any1 see a opprtunity on AUD NZD around 1.3070 ? for a sell

i think i can see a boost down than a small hook up then turning into parabola towards that 3070 area
Risk:Reward is 1:3 if you would go for it.

Wait for break-out on H1 (candle close):
http://img87.imageshack.us/img87/364...nzdh1break.png
Or wait for System 2 for even neater RR :-)
  • #1,054
  • Jan 10, 2011 8:48am Jan 10, 2011 8:48am
Quoting Sdvsa
Risk:Reward is 1:3 if you would go for it.

Wait for break-out on H1:
http://img87.imageshack.us/img87/364...nzdh1break.png

Or wait for System 2 for even neater RR :-)
waiting for brakout in which direction?
  • #1,055
  • Jan 10, 2011 8:58am Jan 10, 2011 8:58am
Quoting deankenny21
waiting for brakout in which direction?
Break-out would be down.

System 2 option would be pullback to consolidation zone above and shorting rebound from there -- which would offer opportunity for very tight SL.
  • #1,056
  • Jan 10, 2011 9:02am Jan 10, 2011 9:02am
Watch for USDJPY.
  • #1,057
  • Jan 10, 2011 9:06am Jan 10, 2011 9:06am
Quoting Sdvsa
Watch for USDJPY.
what shall i look for?
  • #1,058
  • Jan 10, 2011 9:08am Jan 10, 2011 9:08am
Quoting deankenny21
what shall i look for?
"Where there is a smoke, there may blaze up a fire"

This baby might go down.
  • #1,059
  • Jan 10, 2011 9:10am Jan 10, 2011 9:10am
Quoting Sdvsa
"Where there is a smoke, there may catch a fire"

This baby might go down.
]

are you talking about the boost downwards, now its going back up, so we should short at bottom of that last consilidation zone around 82.93 ish?
  • #1,060
  • Jan 10, 2011 9:15am Jan 10, 2011 9:15am
Quoting deankenny21
]

are you talking about the boost downwards, now its going back up, so we should short at bottom of that last consilidation zone around 82.93 ish?
I now try to look at it this way:
http://img210.imageshack.us/img210/5...10usdjpyh1.png
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