Price is everything | Page 915 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EIP: Everything In Price (PIE) 16 replies

Everything to Nothing to get Everything? 7 replies

Price Is Everything - Lets Focus on Price and Swings 17 replies

Price is Everything (Long Term and Semi-Auto Edition) 26 replies

Everything You Wanted To Know About Electronic Trading, by Linda Bradford Raschke 0 replies

Attachments: Price is everything
Exit Attachments

Price is everything

  • #18,281
  • May 20, 2011 11:01am May 20, 2011 11:01am
Quoting Orbital
Very early timed short imo, nice catch

I am amazed watching this.
Every minor supply and demand in m1 you will see a reaction.
Every minor TL there is a reaction.
This is a gold mine
  • #18,282
  • May 20, 2011 11:07am May 20, 2011 11:07am
Quoting Myrza
I am amazed watching this.
Every minor supply and demand in m1 you will see a reaction.
Every minor TL there is a reaction.
This is a gold mine
Ill start trading more crude soon, for now michael and emene are the real experts on that.

Im very happy with my copper silver and ETF trades for now
  • #18,283
  • May 20, 2011 11:11am May 20, 2011 11:11am
Quoting Orbital
Ill start trading more crude soon, for now michael and emene are the real experts on that.

Im very happy with my copper silver and ETF trades for now
98.3 at the upper channel will kick ass
Attached Image (click to enlarge)
Click to Enlarge Name: cr.jpg Size: 116 KB
  • #18,284
  • May 20, 2011 11:13am May 20, 2011 11:13am
Ha Ha sold crude at the same spot - on demo - being late friday for me
Attached Image (click to enlarge)
Click to Enlarge Name: crude.gif Size: 58 KB
"The future is already written in the past"
  • #18,285
  • Edited 11:52am May 20, 2011 11:29am | Edited 11:52am
Small size on coffee (thanks to ifmyante for bringing this to my attention)
Attached Image (click to enlarge)
Click to Enlarge Name: 20.05.png Size: 21 KB


EDIT: out for 115...

done for the day

BTW: im offering Cupcakes for anyone who has a unique perspective on the whole fucking EU situation
  • #18,286
  • May 20, 2011 11:56am May 20, 2011 11:56am
Quoting Orbital
im offering Cupcakes for anyone who has a unique perspective on the whole fucking EU situation
It's in the hands of the pixies.

Now, feed me cupcakes
Attached Image
  • #18,287
  • May 20, 2011 12:03pm May 20, 2011 12:03pm
With what broker are you trading crude?
  • #18,288
  • May 20, 2011 12:48pm May 20, 2011 12:48pm
Quoting Miky
About EUR/USD supply.

We are in a big downtrend in daily. It might go very far south, but i dotn know, are there most of demands absorbed?


thanks =)

P.S.: is RED still checkign this thread and posting? thanks


will be back next week

see you in the market



keep well all
  • #18,289
  • May 20, 2011 1:08pm May 20, 2011 1:08pm
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 15 KB
  • #18,290
  • May 20, 2011 4:50pm May 20, 2011 4:50pm
Quoting Orbital
im offering Cupcakes for anyone who has a unique perspective on the whole fucking EU situation
Dunno about unique
Attached Image(s) (click to enlarge)
Click to Enlarge Name: m20b.jpg Size: 68 KB
Click to Enlarge Name: m20a.jpg Size: 67 KB
  • #18,291
  • May 21, 2011 9:28am May 21, 2011 9:28am
Quoting fx111
With what broker are you trading crude?
me activtrades ....future ofc.
Hero calls followed by margin calls...
  • #18,292
  • May 21, 2011 10:30am May 21, 2011 10:30am
Never seen such a crazy move.
5 minutes before session ended...gapped down 180 pips and gapped up again 190 pips the next minute.

This commodity can be a gold mine or your trading account black hole if not traded with care.

Monday could be interesting. Expecting this to rise up to 105 before dropping.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: crude.jpg Size: 93 KB
Click to Enlarge Name: crudeh4.jpg Size: 107 KB
  • #18,293
  • May 21, 2011 1:24pm May 21, 2011 1:24pm
Its so great to find people trading the same startegy )
Love it hehe.

I am participating in a trading tournament in our country and if i win i get the summer job LOL will get me some starting founds.
We got (virtual) 25k, 7 days ago, so far i've made 32k profit = 57k

But i think i still need to perfect PA , there are moments i dont understand the movements of the market

Keep up with the good work see you
--Be in the NOW or get lost in time.--
  • #18,294
  • May 21, 2011 4:44pm May 21, 2011 4:44pm
Quoting redsword11
Attachment

Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 16 KB


a closer look into smaller tfs for details below 5min why prices turned

Attached Image (click to enlarge)
Click to Enlarge Name: eur5.gif Size: 14 KB




Attached Image (click to enlarge)
Click to Enlarge Name: brent.gif Size: 16 KB



need a grid trader to Pfork this for me, some structure in this brent, can't quite see it, thanks in advance
  • #18,295
  • Edited 8:57pm May 21, 2011 8:29pm | Edited 8:57pm
Quoting redsword11
Attachment

a closer look into smaller tfs for details below 5min why prices turned

Attachment



Attachment


need a grid trader to Pfork this for me, some structure in this brent, can't quite see it, thanks in advance
Ill take a look at brent pitchforks on Sunday if you want me to, i can already see the pitchforks visually im just not sure if they would be vibrating at the correct frequency =/

EDIT:

Fuck this cant sleep so heres some viable forks that meet my criterias:

Attached Image (click to enlarge)
Click to Enlarge Name: forksred.png Size: 39 KB


Attached Image (click to enlarge)
Click to Enlarge Name: forksred2.png Size: 34 KB


Attached Image (click to enlarge)
Click to Enlarge Name: forksred3.png Size: 43 KB


Attached Image (click to enlarge)
Click to Enlarge Name: forksred4.png Size: 31 KB
  • #18,296
  • May 21, 2011 11:17pm May 21, 2011 11:17pm
Does anyone here know a USA broker that allows commodity trading for Oil and Coffee and other commodities that you all are trading? Preferably one like Oanda where 1 silver lot is equal to $5,000.
  • #18,297
  • May 22, 2011 12:12am May 22, 2011 12:12am
Quoting Orbital
Ill take a look at brent pitchforks on Sunday if you want me to, i can already see the pitchforks visually im just not sure if they would be vibrating at the correct frequency =/

EDIT:

Fuck this cant sleep so heres some viable forks that meet my criterias:

Attachment

Attachment

Attachment

Attachment
Nice charts Orb. When I first glanced at the 3rd chart of Brent, it reminded me of silver. Here is a daily chart of silver futures, I wonder if the $25 area could be tested in the next few months before another rise. I like using volume profile in futures to see where bulls and bears "agree" with price, $25 is a low volume area. If price gets there, I don't think it would be there for long. This is pure speculation.
Attached Image (click to enlarge)
Click to Enlarge Name: SilverFutures.jpg Size: 124 KB
  • #18,298
  • May 22, 2011 12:23am May 22, 2011 12:23am
Quoting nebuman213
Does anyone here know a USA broker that allows commodity trading for Oil and Coffee and other commodities that you all are trading? Preferably one like Oanda where 1 silver lot is equal to $5,000.
No, SEC screwed us in the land of the free. I think most here use CFD's to trade the commodities which are illegal for USA citizens.

Trading commodities futures in the USA can rip you balls off unless you have a pretty large account and you are able to scale in and out.
  • #18,299
  • May 22, 2011 12:41am May 22, 2011 12:41am
Quoting Dishwasher
Nice charts Orb. When I first glanced at the 3rd chart of Brent, it reminded me of silver. Here is a daily chart of silver futures, I wonder if the $25 area could be tested in the next few months before another rise. I like using volume profile in futures to see where bulls and bears "agree" with price, $25 is a low volume area. If price gets there, I don't think it would be there for long. This is pure speculation.
Yes there appears to be a complete and utter collapse going on in the commodities markets. I am very scared to be frank as i am unable to anticipate what exactly is going on. There is a distinct possibility for silver to tank as low as the 25$ area, there is also a distinct possibility for oil to go lower especially in the case of brent. One needs to be reminded though that this is a very large timeframe we are talking of, ill probably come back looking at this chart in a couple of months smiling.

In the mean time lower timeframes suggest bullishness. It really all is just boiling down to Greece Default.

Portugal has been granted a 24 Billion bailout by the IMF over the weekend if im not mistaken. But i am not sure how exactly all of this is going to play out.
Zerohedge has a pretty interessting article about this: http://www.zerohedge.com/article/her...reece-defaults

Right now everybody seems to be in the mood of: "Its not a matter of IF greece will default but WHEN it will"
Theres also a bunch of shit going on in the commodities rumormill, so its best to stay clear of any emotions and sentiments and just follow the markets and not be surprised if shit starts tanking hard suddenly, or going up hard suddenly. Which is another reason why red is right in the sense that: Ignore the bullshit, take what you see and what makes sense in structure, PA, Time and S/D.

Personally i will be focusing on: Coffee, Crude, Brent, Copper, Nickel, Alluminium, Diamond ETF'S and Agricultural ETF's next week. If i find something on currency charts i like im going to take it with harsh stops. Times like these is when you need a broker that guarantees stops.


Btw:

Whoever asked about US brokers, sorry i have no idea, ask in the brokers subsection of the FF forums i think people might be more capable of providing an answer. Worst case scenario: open an offshore account
  • #18,300
  • May 22, 2011 1:24am May 22, 2011 1:24am
Euro bias is down

Dont really mind where Euro is going actually as I am more of a intraday swinger but IMHO Euro is in sticky situation right now.
There is a weekly inverted hammer but what concerns me is that daily engulfer.
Appearance can be deceiving on weekly. Inverted hammer is a reversal sign but I decipher it as an inside pin which points to downside continuation.

As you have noticed , I love playing around daily and weekly levels that I have found to be rather effective in pin pointing reversal zones.
Am expecting this to touch 1.37 for a second test of the zone and dly/weekly 200ema

On lower TF we may retrace to the top of h4 pole area @ 425 area before continuing down.

GL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euw.jpg Size: 103 KB
Click to Enlarge Name: eud.jpg Size: 122 KB
Click to Enlarge Name: euh4.jpg Size: 115 KB
4 traders viewing now