VWVB Daily Chart Analysis | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

100% Daily Chart Analysis 64 replies

What is the difference between an "interday" chart and "intraday" chart? 2 replies

1 bar in 1H chart = how many bar in 5min chart? 3 replies

gbpjpy tick chart difference with 5m chart 0 replies

Attachments: VWVB Daily Chart Analysis
Exit Attachments

VWVB Daily Chart Analysis

  • #61
  • Mar 2, 2006 2:24pm Mar 2, 2006 2:24pm
Quoting zenophyte
I really love this clock Bemac I even have it on my desktop.The only thing I wish was added is the actual clock times somewhere.I still like to be able to see what time it is here compared to there!!!Helps me keep it straight.
Hey Zeno,

Click the Anologue Clock Icon in the Mini display.
  • #62
  • Mar 2, 2006 2:36pm Mar 2, 2006 2:36pm
Quoting vishalshan
I could post this everyday if this helps anyone..

-Shan
If you don't mind. Would be nice...
Try hard, think fast, die young
  • #63
  • Mar 2, 2006 3:11pm Mar 2, 2006 3:11pm
Quoting vishalshan
I could post this everyday if this helps anyone..

-Shan
Hi Shan
What do the BEB and BUB stand for.
Jon
  • #64
  • Mar 2, 2006 4:02pm Mar 2, 2006 4:02pm
Quoting trader1969
Hi Shan
What do the BEB and BUB stand for.
Jon
Hi Jon,

They are price action bars as being discussed with Jim's PA thread.

http://www.forexfactory.com/forexfor...ead.php?t=2331

BEB - Bearish bar
BUB - Bullish bar

They are discussed in depth in the private forum. Sorry if I'm confusing you guys. I could take out the two columns on Price action in future since that is not relevant to this thread and might distract this thread..

-Shan
  • #65
  • Mar 2, 2006 4:42pm Mar 2, 2006 4:42pm
Quoting Bemac
Hey Zeno,

Click the Anologue Clock Icon in the Mini display.

Duh!! Don't know why I didn't notice that before.
Thanks this is great!!
  • #66
  • Mar 2, 2006 6:04pm Mar 2, 2006 6:04pm
Just bought USDJPY at 81. It might be a repeat of 2 days ago in which case it'll bounce down to around 70 before continuing upward. I had an order at 60 which would have got me a great price but I got scared and waited for it to settle down
  • #67
  • Mar 2, 2006 6:41pm Mar 2, 2006 6:41pm
Anybody got stopped out on USD/JPY?
I wanted to move my stop to breakeven yesterday but it hasn't moved strongly so I left it as is at 115.40..

Still looking for just the right stop. Maybe if it goes up 50 pips, that will be the time I move my stop to B/E..
yen moved up to 116.41, so that makes:
116.41 - 116.04 = 37 pips

Plus, currently I think it broke a pin bar. Still studying pin bars though..
  • #68
  • Edited 7:05pm Mar 2, 2006 6:57pm | Edited 7:05pm
For the eur/jpy I'm looking at shifting exposure from long into neutral between 140.00-25 range with an outside shot at 140.50ish and possibly taking small short exposure from these levels. I think that will be about the high for this week. Otherwise it breaks a huge trendline off the weekly chart and who knows then...there is a myriad of minor and historical levels to pick from and it appears none have the upper hand at this point.

140.17-24 is the crucial part of this range if it breaks it could keep on going through the week. After reviewing the multiple levels above this break I see 140.71 sitting out there on the daily chart...but a huge trendline would have been broken at that point
  • #69
  • Mar 2, 2006 7:03pm Mar 2, 2006 7:03pm
Currently trading at 116.63.
Moved stops to BE + 10 = 116.14..
  • #70
  • Mar 2, 2006 7:17pm Mar 2, 2006 7:17pm
I really felt like cashing that in but I know it's going to go higher
  • #71
  • Edited 7:28pm Mar 2, 2006 7:22pm | Edited 7:28pm
Quoting Mike Jolley
I really felt like cashing that in but I know it's going to go higher
There is really a good chance of this going higher, Thing is though...this whole move up has been filled with big stretch-outs and lots of retracement condensation. So for me(I use CMS) I can top off with a hedge then open it back up if it looks still bullish and actually keep it all if it does turn back into a big retrace....not to mention if i do open the hedge short i've got great positioning. I went neutral at 140.15, saved myself 60 pips already off b-b-b-b-bounce. 139.78(and 139.62 to a lesser extent) is the level I'm watching for the bounce below to tell me if it's wants a deeper retrace or it has the juice to test this high. It's holding that level so far....Looks like it might re-test
  • #72
  • Mar 2, 2006 7:37pm Mar 2, 2006 7:37pm
Quoting eastmaels
Anybody got stopped out on USD/JPY?
I wanted to move my stop to breakeven yesterday but it hasn't moved strongly so I left it as is at 115.40..

Still looking for just the right stop. Maybe if it goes up 50 pips, that will be the time I move my stop to B/E..
yen moved up to 116.41, so that makes:
116.41 - 116.04 = 37 pips

Plus, currently I think it broke a pin bar. Still studying pin bars though..

Stopped out, now back in 116.30 demo.

Does look like a nice pin bar my stop is below that bar for now.
  • #73
  • Mar 2, 2006 7:59pm Mar 2, 2006 7:59pm
Stops for Current Positions:

Pos1: B/E + 10
Pos2: B/E
Pos3: B/E

If all gets stopped out.. Will enter again on change of slope..
Still not sure if these are the right things to do though.. I'll let experience tell me so..
  • #74
  • Mar 2, 2006 9:01pm Mar 2, 2006 9:01pm
Quote
I can top off with a hedge then open it back up if it looks still bullish

This is the kind of thing my instinct tells me to do. However, it does seem to go against VWB to reverse a position before reaching the target. I also hate paying the spread.
  • #75
  • Mar 2, 2006 9:05pm Mar 2, 2006 9:05pm
Quoting eastmaels
Anybody got stopped out on USD/JPY?
I wanted to move my stop to breakeven yesterday but it hasn't moved strongly so I left it as is at 115.40..

Still looking for just the right stop. Maybe if it goes up 50 pips, that will be the time I move my stop to B/E..
yen moved up to 116.41, so that makes:
116.41 - 116.04 = 37 pips

Plus, currently I think it broke a pin bar. Still studying pin bars though..
Yea I got stopped out.. kept my stop at the LOD but my gains from EURJPY made up for it very well.

Sold 1/3 at new high, another 1/3 in the tunnel and now the rest is riding free.
  • #76
  • Mar 2, 2006 11:16pm Mar 2, 2006 11:16pm
I really do like that Eur/Jpy pair compared to the Usd/Jpy was just looking a bit back on the charts and it does have these huge spikes to blow your stops EurJpy seems to have a more better chart pattern. I believe the EurUsd also has the crazy spikes from time to time.

Quoting xspowerx
Yea I got stopped out.. kept my stop at the LOD but my gains from EURJPY made up for it very well.

Sold 1/3 at new high, another 1/3 in the tunnel and now the rest is riding free.
  • #77
  • Mar 3, 2006 6:33am Mar 3, 2006 6:33am
U got stoped guys 'cause u place wrong SL. I placed below 115.44 and everything is cool. Shouldn't SL be placed below local minimum?
Try hard, think fast, die young
  • #78
  • Mar 3, 2006 8:20am Mar 3, 2006 8:20am
Quoting dof
U got stoped guys 'cause u place wrong SL. I placed below 115.44 and everything is cool. Shouldn't SL be placed below local minimum?
Hi dof,

Actually, I think they realized it too.. Everybody's still on the learning curve right now so these things happen. It's still practice so don't expect everyone to get it at first try.

There's also a good practice of moving your stop to B/E as soon as you can. But as to how to determine if it has moved enough, I think it's more of an art than a science. I may be wrong though...

For me, I think I didn't move my stop coz I wasn't watching the charts all day. But I think I would have moved it too to Breakeven and got stopped out.

Anyway, back to studying again..

Regards,
East
  • #79
  • Mar 3, 2006 8:25am Mar 3, 2006 8:25am
I'm not criticising, just observing

Sorry if it sounded like criticising.
Try hard, think fast, die young
  • #80
  • Mar 3, 2006 9:03am Mar 3, 2006 9:03am
Quoting dof
I'm not criticising, just observing

Sorry if it sounded like criticising.
Ah ok... Sorry for taking you as a critic too.. These tendencies of mine.. I still have to look out for 'em..

Maybe I'm the only one who thought you were criticizing... Sorry for that..

Okay, I'll shut up now..
0 traders viewing now