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Price is everything

  • #7,441
  • Feb 1, 2011 9:19pm Feb 1, 2011 9:19pm
Quoting honeybhi
Welcome back RED.

This thread was like a home without father.

Happy to see you back.Lets trade.


..... and happy to see you too pretty, and thanks



lets trade ............
  • #7,442
  • Feb 1, 2011 10:00pm Feb 1, 2011 10:00pm
USD/CHF
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  • #7,443
  • Feb 1, 2011 10:06pm Feb 1, 2011 10:06pm
Hi RED, Looney moving into negative, still within demand zone but no buying at the moment. maybe need to wait for London to kick start.

Swissie Long due to Double Bottom on Daily?
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  • #7,444
  • Edited Feb 2, 2011 10:13am Feb 1, 2011 10:32pm | Edited Feb 2, 2011 10:13am
Just see your post, warm welcome back your home, REDSWORD.
  • #7,445
  • Feb 1, 2011 11:46pm Feb 1, 2011 11:46pm
Just sharing from my price action strategy since Feb 1 till now. 126pips (long from 1.37225) and counting..

Never go back to indicators no more..
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  • #7,446
  • Feb 1, 2011 11:49pm Feb 1, 2011 11:49pm
Quoting redsword11
Attachment

see all the bulls in the triangle - GIVING YOU THE IMPRESSION ITS BULLISH AS ALL HELL - thats a trap
RED, thx for euro analysis. that is a big supply zone for euro pulls to deal with in the coming days/weeks...lets see a turn around on this pair soon. PIIGS anyone? they should be keeping the Euro grounded in the future.
  • #7,447
  • Feb 1, 2011 11:50pm Feb 1, 2011 11:50pm
Quoting honeybhi
USD/CHF
nice clean chart. more room to the downside or base forming? probably more downside
  • #7,448
  • Feb 1, 2011 11:51pm Feb 1, 2011 11:51pm
Welcome back RED
Good to see you again here... I need to incorporate this strategy more often where, You, DroppedOnion and others have proved to be very effective.

I'm short GU
http://www.forexfactory.com/showpost...postcount=3962
  • #7,449
  • Feb 1, 2011 11:57pm Feb 1, 2011 11:57pm
Quoting anthoniex
Welcome back RED
Good to see you again here... I need to incorporate this strategy more often where, You, DroppedOnion and others have proved to be very effective.

I'm short GU
http://www.forexfactory.com/showpost...postcount=3962
hey there anothoniex. i am staying long cable until i get a confirmed break of this trendline. we are currently at longer term Resistance/Supply Level, but i feel there is more room to the upside.

This trade is effectively hedging my longer term options short on EU.
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  • #7,450
  • Feb 2, 2011 12:01am Feb 2, 2011 12:01am
Quoting Dropped Onion
nice clean chart. more room to the downside or base forming? probably more downside
Cluster resolved to south.

Actually waiting for entry long.

4hr at demand level.

Also USDX at support area.
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  • #7,451
  • Feb 2, 2011 12:08am Feb 2, 2011 12:08am
Quoting honeybhi
Cluster resolved to south.

Actually waiting for entry long.

4hr at demand level.

Also USDX at support area.
look how strongly bulls left the demand zone in last bull run...PA at that level again should be interesting.
  • #7,452
  • Feb 2, 2011 12:21am Feb 2, 2011 12:21am
gbpaud. pair approaching supply level. awaiting reaction for a short...
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  • #7,453
  • Feb 2, 2011 12:26am Feb 2, 2011 12:26am
Quoting Dropped Onion
hey there anothoniex. i am staying long cable until i get a confirmed break of this trendline. we are currently at longer term Resistance/Supply Level, but i feel there is more room to the upside.

This trade is effectively hedging my longer term options short on EU.
Good trades. The trendline is very strong and there's still possibility the last thrust going upwards. My H4 chart tells me price probably reverse within the next 8 hours...

http://www.forexfactory.com/showpost...postcount=3947
  • #7,454
  • Feb 2, 2011 12:55am Feb 2, 2011 12:55am
Quoting redsword11
bought swissy @ 0.93528
welcome back red.
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Gold Expedition Return This Year: -16.4%
  • #7,455
  • Feb 2, 2011 12:56am Feb 2, 2011 12:56am
GU...what a rally!! Now testing TL and supply area. We'll see.
Good trades to all folks!!!
RED, good to see you back trader!!!
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  • #7,456
  • Feb 2, 2011 12:58am Feb 2, 2011 12:58am
Quoting anthoniex
Good trades. The trendline is very strong and there's still possibility the last thrust going upwards. My H4 chart tells me price probably reverse within the next 8 hours...

http://www.forexfactory.com/showpost...postcount=3947
approaching UTL now. also area that may be R turned S. London opens shortly...
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  • #7,457
  • Feb 2, 2011 12:58am Feb 2, 2011 12:58am
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Gold Expedition Return This Year: -16.4%
  • #7,458
  • Feb 2, 2011 12:59am Feb 2, 2011 12:59am
Quoting anthoniex
Good trades. The trendline is very strong and there's still possibility the last thrust going upwards. My H4 chart tells me price probably reverse within the next 8 hours...

http://www.forexfactory.com/showpost...postcount=3947
nice pitchfork anthoniex. those things are hard to master? simple but subjective...
  • #7,459
  • Feb 2, 2011 1:00am Feb 2, 2011 1:00am
Quoting budak baru
lets go USD bulls. drive that Dollar. tank EU!!!
  • #7,460
  • Feb 2, 2011 1:01am Feb 2, 2011 1:01am
Quoting maurofx
GU...what a rally!! Now testing TL and supply area. We'll see.
Good trades to all folks!!!
RED, good to see you back trader!!!
hey Mfx. cable ripe for a correction at the very least. even conservative traders would expect a pullback after recent run...
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