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  • #401
  • Jul 14, 2011 4:32am Jul 14, 2011 4:32am
Quoting Munal
After nice bullish pin bar on 4 hr still market not moving in the direction.........

4 Major News and uncle Bernanke Testifies........

This is all what now market is waiting could be in range for 3:45 hours more......
Muanl mate,
Can You post Your current EW analysis point of view ?

Cheers,
Seb
  • #402
  • Jul 14, 2011 4:34am Jul 14, 2011 4:34am
Quoting Flynchenberg
Muanl mate,
Can You post Your current EW analysis point of view ?

Cheers,
Seb
Hi Mate

Sorry, I am not into EW.....
  • #403
  • Jul 14, 2011 4:36am Jul 14, 2011 4:36am
Quoting mercy seat
Good morning fellow traders!

Asian Session ahead ...


Upside capped soon ...

Sell the rallies at first ...

Maybe over and done between 1.4249 - 1.4269 ...

Retrace towards 1.4136 expected ...

Near term stops above 1.4277 or 1.4303 zone ... depends on your trading style ... I do not like tight stops for example ...

Major stop at 1.4403 ... 1.4403 is a stop on daily closing basis ... for position trades ...

Description : We are in a corrective upmove in a prevailing major downtrend on weekly basis ...



;-|

Hi ...

According to the "Daily Master Key" we did re-enter some little shortside oriented positioning ...

http://www.forexfactory.com/showthre...19#post4777819

12% of previously covered positions ...

Entries at 1.42365 ... with a market order ... and at 1.42557 ...

Some mild signs of weakness to be observed ...




;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-07-14_10h55_ EURUSD _ min020 _ (120) candle + ST + TL.PNG Size: 35 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #404
  • Edited 5:06am Jul 14, 2011 4:41am | Edited 5:06am
Hi Spiders,
The divergence I had mentioned 2 days ago or smth, played out nicely with help of Bernankie and Moodys, resulting in 400 pips rally.

Right now the price just tested twice the POC of Friday NY close of 1.4259 (red arrows on far left and far right) what might looks like nice supply level and reason for short.

Good luck,
Seb

EDIT 1: 50 pips in profit already, lol.
EDIT 2: 75 pips in profit.
Attached Image (click to enlarge)
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  • #405
  • Jul 14, 2011 5:19am Jul 14, 2011 5:19am
Quoting mercy seat
Hi ...

According to the "Daily Master Key" we did re-enter some little shortside oriented positioning ...

http://www.forexfactory.com/showthre...19#post4777819

12% of previously covered positions ...

Entries at 1.42365 ... with a market order ... and at 1.42557 ...

Some mild signs of weakness to be observed ...




;-|

Covered again ...

Partial profits at 1.4179/ 77 ...

Reason :

Triangle config. there ...

And LUNCH TIME ... bon appetito !



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-07-14_12h12_ EURUSD _ min020 _ (120) candle + TL.PNG Size: 24 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #406
  • Edited 6:58am Jul 14, 2011 6:47am | Edited 6:58am
Entry Point: 4195
Stop loss: 4242
Target: 4075

I will try to exploit the RSI divergence.

Will post chart in 2 mins

Attached Image (click to enlarge)
Click to Enlarge Name: eursi1.gif Size: 20 KB
  • #407
  • Jul 14, 2011 6:56am Jul 14, 2011 6:56am
Quoting mercy seat
Covered again ...

Partial profits at 1.4179/ 77 ...

Reason :

Triangle config. there ...

And LUNCH TIME ... bon appetito !



;-|

Covered the rest as well now ...

With a 1.4192 limit order ...

Reason :

Did reverse from that trendline area again ...

Prospective from "timing" does not look soo funny anymore ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-07-14_13h46_ EURUSD _ min020 _ (120) candle + TL.PNG Size: 23 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #408
  • Jul 14, 2011 7:11am Jul 14, 2011 7:11am
Quoting T@rantula
Entry Point: 4195
Stop loss: 4242
Target: 4075

I will try to exploit the RSI divergence.

Will post chart in 2 mins

Attachment
if you get to TP..
I consider this te be a luck trade..
reaon: support below ..so selling into support.
Attached Image (click to enlarge)
Click to Enlarge Name: 20110714-uepo-105kb.jpg Size: 106 KB
born to speculate
  • #409
  • Jul 14, 2011 7:20am Jul 14, 2011 7:20am
Quoting aligater
if you get to TP..
I consider this te be a luck trade..
reaon: support below ..so selling into support.
I will post a pic in few min
If u watch higher TFs, you will notice that DPP hasnt been retested yet.

If you know what Daily Pivot Point is...

Anyway I may be wrong, this is my view and I will trade it.
  • #410
  • Jul 14, 2011 7:21am Jul 14, 2011 7:21am
Quoting aligater
if you get to TP..
I consider this te be a luck trade..
reaon: support below ..so selling into support.

I dont understand your chart....DPP is 1.4144

Now..

Post your entry, stop loss and target price, logic behind ur trade
  • #411
  • Jul 14, 2011 7:27am Jul 14, 2011 7:27am
Quoting T@rantula
I dont understand your chart....DPP is 1.4144

Now..

Post your entry, stop loss and target price, logic behind ur trade
As I thought.... no response.
  • #412
  • Jul 14, 2011 7:29am Jul 14, 2011 7:29am
Quoting T@rantula
I dont understand your chart....DPP is 1.4144

Now..

Post your entry, stop loss and target price, logic behind ur trade

We can argue forever what the DPP is it depens on many factors...

as for a trade I have no trade yet, waiting on news..

cheers.
born to speculate
  • #413
  • Jul 14, 2011 7:37am Jul 14, 2011 7:37am
Quoting aligater
We can argue forever what the DPP is it depens on many factors...

as for a trade I have no trade yet, waiting on news..

cheers.
This is no babypips.com or eurusd thread.

If u tell me that my trades are lucky, pls leave the forum.
  • #414
  • Jul 14, 2011 7:40am Jul 14, 2011 7:40am
Quoting T@rantula
This is no babypips.com or eurusd thread.

If u tell me that my trades are lucky, pls leave the forum.

I am sorry made a mistake , Sorry.

we all do mistakes some times.



you have my respect :: 10 V .isnt for nothing.
born to speculate
  • #415
  • Jul 14, 2011 7:51am Jul 14, 2011 7:51am
Quoting aligater
if you get to TP..
I consider this te be a luck trade..
reaon: support below ..so selling into support.
Let me finish this session and I will give an answer to the Piece of trash that has tried to pollute hard work here
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #416
  • Jul 14, 2011 7:52am Jul 14, 2011 7:52am
Quoting aligater
I am sorry made a mistake , Sorry.

we all do mistakes some times.



you have my respect :: 10 V .isnt for nothing.
Forex isnt about luck...You need to have "some" luck but for longer term its only YOU that can make the difference.

Sometimes even if you do your homework as you should, market just wont listen..

Thats why you put s/l and manage your risk according to distance between entry point and stop loss.

Traders who dont put SL are not traders. Those are gamblers.

T
  • #417
  • Jul 14, 2011 7:54am Jul 14, 2011 7:54am
Quoting BlackWid0w
Let me finish this session and I will give an answer to the Piece of trash that has tried to pollute hard work here

no problem I am ready for a fight on this ...

aligater.
born to speculate
  • #418
  • Jul 14, 2011 8:01am Jul 14, 2011 8:01am
Quoting aligater
no problem I am ready for a fight on this ...

aligater.
Fight?

Pls be kind else you will be banned. You have been warned
  • #419
  • Jul 14, 2011 8:06am Jul 14, 2011 8:06am
Quoting T@rantula
Fight?

Pls be kind else you will be banned. You have been warned
intellectual fight...to stand by the reason that I disagree on a short..
you know what il move on
born to speculate
  • #420
  • Edited 8:30am Jul 14, 2011 8:16am | Edited 8:30am
long on euro:-

dailly bullish
price on 4hr i believe is in uptrend and a potential channel we in
morning star type formation potentially developing (not morning star i know)
playing this one on the fly

cable:- uptrend in tact (trendline)
4hr developing potential bull flag
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