Spider's Den | Page 8 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: Spider's Den
Exit Attachments

Spider's Den

  • #141
  • Jul 8, 2011 7:58am Jul 8, 2011 7:58am
Quoting T@rantula
4350...

well...sometimes I hate myself for being so conservative ;/
Better safe than sorry.
  • #142
  • Jul 8, 2011 8:02am Jul 8, 2011 8:02am
Quoting AlexC
Better safe than sorry.
yes....exactly
  • #143
  • Jul 8, 2011 8:09am Jul 8, 2011 8:09am
Quoting T@rantula

Attachment
Reasons for a long trade setup.

If u watch the chart you will notice that 4245-40 acted as a strong support. Price went consolidating around the support and i was also watching ATR. ATR was already completed and overshot. Also if u see the chart, we have an ASCENDING flat top triangle, which suggest longs above its flat top which in this case was fib resistance. Also if u take a look you will see W pattern which is a bullish pattern.
  • #144
  • Jul 8, 2011 8:22am Jul 8, 2011 8:22am
As long as you are inside channel..........

Upper TL has been respected so far.......
Attached Image (click to enlarge)
Click to Enlarge Name: eunewupdate.gif Size: 27 KB
  • #145
  • Jul 8, 2011 8:25am Jul 8, 2011 8:25am
Quoting Munal
As long as you are inside channel..........

Upper TL has been respected so far.......
Yes , still in the channel. The biggest winner of NFP trade is CHF
  • #146
  • Jul 8, 2011 8:27am Jul 8, 2011 8:27am
Quoting T@rantula
Yes , still in the channel. The biggest winner of NFP trade is CHF
Yeah mate...... CHF was so lovely i posted that on EU staying opportunity might be there with both images pre NFP and after NFP......

http://www.forexfactory.com/attachme...7&d=1310126868
http://www.forexfactory.com/attachme...9&d=1310128910

It was really my mistake of not posting in this thread......

If a setup is with high probability no mistake shall be done in future...........
  • #147
  • Jul 8, 2011 8:31am Jul 8, 2011 8:31am
Quoting Munal
Yeah mate...... CHF was so lovely i posted that on EU staying opportunity might be there with both images pre NFP and after NFP......

http://www.forexfactory.com/attachme...7&d=1310126868
http://www.forexfactory.com/attachme...9&d=1310128910

It was really my mistake of not posting in this thread......

If a setup is with high probability no mistake shall be done in future...........
Too much noise on EU thread. Feel free to post trade setups here
  • #148
  • Jul 8, 2011 8:32am Jul 8, 2011 8:32am
Quoting T@rantula
Too much noise on EU thread. Feel free to post trade setups here
Sure mate.........
  • #149
  • Jul 8, 2011 8:35am Jul 8, 2011 8:35am
Aussie trade setup......

This is what setup i have at present........

LTL has been respect now i see a higher move in AU.......
Attached Image (click to enlarge)
Click to Enlarge Name: aussie.gif Size: 21 KB
  • #150
  • Jul 8, 2011 8:37am Jul 8, 2011 8:37am
Quoting T@rantula
"Trading...in a way, it's like trapping. I set the traps where I expect the best trades will be and if the pips walk into them the traps are sprung. If the move is too strong the traps automatically lets the pips out (after a 35 pip loss). Otherwise, it contains them until I check the traps and collect any pips that are in them."

BlackWid0w should appear soon. Nevermind his number of posts here on FF. This guy knows his job and will prove it.

This thread will be for live discussion regarding the trades and setups.

Rules:
1. Charts
2. Logic
or...


well done tara, i was hoping a thread like this was available. qudos. iam in !
  • #151
  • Jul 8, 2011 8:40am Jul 8, 2011 8:40am
Quoting Munal
Aussie trade setup......

This is what setup i have at present........

LTL has been respect now i see a higher move in AU.......
AU higher move possible. if 740 is captured again ans holds we might see another retest of 90s
  • #152
  • Jul 8, 2011 9:22am Jul 8, 2011 9:22am
Quoting T@rantula
AU higher move possible. if 740 is captured again ans holds we might see another retest of 90s
740 seems far at this moment. No longs until then.
  • #153
  • Edited 9:48am Jul 8, 2011 9:37am | Edited 9:48am
Im gonna show u the last trade I made today..intended to be a scalp but turned to be a good winner.

Scalped short EU

Attached Image (click to enlarge)
Click to Enlarge Name: ffa.jpg Size: 80 KB


When volatility is high and momentum is building u need to act high. 5 point s/l for 16 points gain ) Actually it was 4.3 s/l lol

A scholastic example of: Reaction not prediction

That is what i call a "stalker" phase. When scalping u actually dont go with pendings and slow positioning. REACT! That is what u must do. React! And poison the prey!!!
  • #154
  • Jul 8, 2011 10:06am Jul 8, 2011 10:06am
Quoting Munal
As long as you are inside channel..........

Upper TL has been respected so far.......
Update chart on EU............

............................................................................
This thought was from one of the best trader i have meet so far........

zoom the price draw a trendline see the trend
If the price is rising then ask where is support and trade that level.
If price is falling then ask where is resistance and trade that level.
Define your risk, pull the trigger.
......................................................................................
Attached Image (click to enlarge)
Click to Enlarge Name: eu-111.gif Size: 24 KB
  • #155
  • Jul 8, 2011 10:35am Jul 8, 2011 10:35am
Quoting Munal
Update chart on EU............

............................................................................
This thought was from one of the best trader i have meet so far........

zoom the price draw a trendline see the trend
If the price is rising then ask where is support and trade that level.
If price is falling then ask where is resistance and trade that level.
Define your risk, pull the trigger.
......................................................................................
Whats the name of that trader?
Yes I agree, good chart but...

The problem with trendlines is "how many traders see that particular trendline at the same place at the same time". I prefer channels and 1 trendline at the most.
  • #156
  • Jul 8, 2011 10:42am Jul 8, 2011 10:42am
Quoting T@rantula
Whats the name of that trader?
Yes I agree, good chart but...

The problem with trendlines is "how many traders see that particular trendline at the same place at the same time". I prefer channels and 1 trendline at the most.
His name is will and his blog is http://wmd4x.tumblr.com/
  • #157
  • Jul 8, 2011 11:21am Jul 8, 2011 11:21am
AUDUSD H4 Bearish Divergence.
Its been hoovering for too long on that 1.0750 level, judging by my taste.

Jurik MACD is being used only for Cov/Div search by me.

Hope it helps or I'm stating the obvious.

Seb
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h4.jpg Size: 158 KB
  • #158
  • Jul 8, 2011 12:04pm Jul 8, 2011 12:04pm
Pitchfork, TL & S/R analysis of Gold.

Massive support/demand line on 1461 - 1476 on grey area.

Inside pitchfork fib. retreacments are respected so far, price has found support on LPL and now it is heading to test recent highs, if the supply demand area at 1550 ( maroon line) is breached.
First level 1.272 Fib @ 1575.21
Second 1.382 Fib @ 1588.77
Third 1.618 Fib @ 1607.08 witch is a median line as well.

Hope it helps,
Seb
Attached Image(s) (click to enlarge)
Click to Enlarge Name: zloto1.jpg Size: 128 KB
Click to Enlarge Name: zloto2.jpg Size: 129 KB
  • #159
  • Jul 8, 2011 2:38pm Jul 8, 2011 2:38pm
Quoting Flynchenberg
Pitchfork, TL & S/R analysis of Gold.

Massive support/demand line on 1461 - 1476 on grey area.

Inside pitchfork fib. retreacments are respected so far, price has found support on LPL and now it is heading to test recent highs, if the supply demand area at 1550 ( maroon line) is breached.
First level 1.272 Fib @ 1575.21
Second 1.382 Fib @ 1588.77
Third 1.618 Fib @ 1607.08 witch is a median line as well.

Hope it helps,
Seb
  • #160
  • Jul 8, 2011 2:38pm Jul 8, 2011 2:38pm
Quoting Munal
His name is will and his blog is http://wmd4x.tumblr.com/
Thanx mate. Gonna check it.
10 traders viewing now