Spider's Den | Page 39 | Forex Factory

Options

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

Spider's Den

  • #761
  • Jul 21, 2011 2:49am Jul 21, 2011 2:49am
Buying EURO is fundamentally the worst idea now.

And there is nice H4 bearish divergence on my Jurik MACD indi. I found it to be very reliable.

Cheers,
Seb
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h4 div.jpg Size: 146 KB
  • #762
  • Jul 21, 2011 3:01am Jul 21, 2011 3:01am
Quoting Flynchenberg
Buying EURO is fundamentally the worst idea now.

And there is nice H4 bearish divergence on my Jurik MACD indi. I found it to be very reliable.

Cheers,
Seb
Jurik from TSD forums...I know...

Had some good mods
  • #763
  • Jul 21, 2011 3:03am Jul 21, 2011 3:03am
Quoting T@rantula
Ok + 15 stops at BE now

The reason is Shooting star at the top, hardly any retracment so far.

This is counter trend trade

+20 now

Attachment
3:1 RR. Not every time like this...Done with this. Closed all +30
  • #764
  • Edited 3:33am Jul 21, 2011 3:22am | Edited 3:33am
It's doing everything it should so far. I was aiming for 4317/33 this was calibration error was taking data from candle highs when I should derive this target from candle closes. Error noted and rectified. Will still proceed to trade long from in 4220/4190 ETA 2.5 hours keeping to 2/3% risk. Actual projection entry is long at 4205/90 my SL 70
Founder of Sutherland Wave Principle
  • #765
  • Jul 21, 2011 3:25am Jul 21, 2011 3:25am
Quoting suthmo
It's doing everything it should so far. I was aiming for 4317/33 this was calibration error was taking data from candle highs when I should derive this target from candle closes. Error noted and rectified. Will still proceed to trade long from in 4220/4190 ETA 2.5 hours keeping to 2/3% risk.
Your target price was technically valid. I closed a scalp earlier at 4290 and put rest to BE, so 4315 was a technically valid, not a mistake.
  • #766
  • Jul 21, 2011 3:33am Jul 21, 2011 3:33am
Today POC on M5 is holding so far...

Next chart is Futures Volume, with blue rectangle area as a key support and green lines as Option Call levels, red lines Option Put levels.


Hope it helps,
Seb
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd-m5.jpg Size: 134 KB
Click to Enlarge Name: eurusd-h1 vol.jpg Size: 113 KB
  • #767
  • Jul 21, 2011 3:53am Jul 21, 2011 3:53am
Quoting T@rantula
Apparently they hunted the stops..
Funny Aussie also found resistance and was capped to the pip at 61.8% of major 1.101-1.039 hi-lo at 1.0773 earlier this morning.
Don't get mad, get even!
  • #768
  • Jul 21, 2011 4:08am Jul 21, 2011 4:08am
Hi guys!

Im a friend of T.

I will share my thoughts and show the best way to trade Forex, the Panda Style!!

Joking. I hope I can learn a lot with you and I'm very "open mind". You can say whatever you want about my charts and I will read and try to learn.


(English is not one of my best skills)


Since I lost the drop of EURUSD (i was affraid of pivot) I'm waiting for NY session.
I'm indeed a talking panda. How are you?
  • #769
  • Jul 21, 2011 4:17am Jul 21, 2011 4:17am
4315 valid thats cool. Was short from 4250 closed at 4205 and long at 4205 sl 70 expect possible slip to high 70's. My target is around 4380 tomorrow. Will see 4315 today if this channel is destined to go all the way. Lets see if she's a goer. I feel we've reached target a bit early which can be a bad sign.
Founder of Sutherland Wave Principle
  • #770
  • Jul 21, 2011 4:29am Jul 21, 2011 4:29am
I saw S1 aproaching so moved stop 5 pips under S1 by only 3 pips. And I'm SO. Wishing I'd kept my shorts. Managed to come out up 5% tho so is ok.
Founder of Sutherland Wave Principle
  • #771
  • Jul 21, 2011 5:17am Jul 21, 2011 5:17am
Quoting Pandamonium
Hi guys!

Im a friend of T.

I will share my thoughts and show the best way to trade Forex, the Panda Style!!

Joking. I hope I can learn a lot with you and I'm very "open mind". You can say whatever you want about my charts and I will read and try to learn.


(English is not one of my best skills)


Since I lost the drop of EURUSD (i was affraid of pivot) I'm waiting for NY session.

Hey Panda! Welcome! I know you have good setups, feel free to share it.
  • #772
  • Jul 21, 2011 5:21am Jul 21, 2011 5:21am
Quoting suthmo
I saw S1 aproaching so moved stop 5 pips under S1 by only 3 pips. And I'm SO. Wishing I'd kept my shorts. Managed to come out up 5% tho so is ok.
We should have a jump there

If 4140 holds we could jump to 4200-20.

S/l 4140 for LONG trades.

Ill be looking for shorts only on a possible dpp retest
  • #773
  • Jul 21, 2011 5:21am Jul 21, 2011 5:21am
EU at multi support......

this needs to hold otherwise bears are in charge........
Attached Image (click to enlarge)
Click to Enlarge Name: multispp.gif Size: 28 KB
  • #774
  • Jul 21, 2011 5:32am Jul 21, 2011 5:32am
Quoting T@rantula
We should have a jump there

If 4140 holds we could jump to 4200-20.

S/l 4140 for LONG trades.

Ill be looking for shorts only on a possible dpp retest
4085 exposed.

Flat.
  • #775
  • Jul 21, 2011 5:34am Jul 21, 2011 5:34am
btw wheres blackwidow?

and when do u guys start the challenge?
Hero calls followed by margin calls...
  • #776
  • Jul 21, 2011 5:37am Jul 21, 2011 5:37am
Looks like Cable is once again getting tightly squeezed into a corner. Strongly rejected and well capped by 1.62, it's almost a double top but I wouldn't be surprised and would prefer another attempt tomorrow or even today.
This has been going on for weeks now and sooner or later bulls are going to give up the fight if 62 remains untouchable.

I'd prefer short positions between 6160-6190, SL 6220 TP anywhere between 1.6000 and 1.5790 in intra-week extension.

Will watch if NY provides for any good opportunity.

Else 30 pips up on Loonie already.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable21071.gif Size: 32 KB
Click to Enlarge Name: cable21072.gif Size: 29 KB
Don't get mad, get even!
  • #777
  • Jul 21, 2011 5:41am Jul 21, 2011 5:41am
Quoting PhAnTi'
btw wheres blackwidow?

and when do u guys start the challenge?
He went of to some business deals and contracts, I think he might be here in next 10 days...

Challenge starts in august, I think.
  • #778
  • Jul 21, 2011 5:54am Jul 21, 2011 5:54am
Quoting T@rantula
We should have a jump there

If 4140 holds we could jump to 4200-20.

S/l 4140 for trades.
I got a little $ gain, lots of technical stuff that will help with my system in the future and some good clues that'll let me know when to let orders run. Am out for now need a long break/sleep. Will see whats cooking later. My subconscious might make things clear. I had a dream I was sitting at my moms kitchen table trading on my laptop and price dropped hundreds of pips in 30 seconds then it went up and then back down. I didn't think much of the dream, it was on Jul 7 or 8th of. Go look what happened on those days. The subconscious knows the score I'll tell you. Trade safe, catch u later.
Founder of Sutherland Wave Principle
  • #779
  • Jul 21, 2011 6:23am Jul 21, 2011 6:23am
Quoting suthmo
I got a little $ gain, lots of technical stuff that will help with my system in the future and some good clues that'll let me know when to let orders run. Am out for now need a long break/sleep. Will see whats cooking later. My subconscious might make things clear. I had a dream I was sitting at my moms kitchen table trading on my laptop and price dropped hundreds of pips in 30 seconds then it went up and then back down. I didn't think much of the dream, it was on Jul 7 or 8th of. Go look what happened on those days. The subconscious knows the score...
Hehe, many times I have been dreaming about trading. And usually those were fast movements. Incredible how real can it be

As for my short..Yes I still have short but not the one I have posted.

This time 4175 is the entry 4205 stop loss.

I wanna see 4085.
  • #780
  • Jul 21, 2011 6:29am Jul 21, 2011 6:29am
didn't know you have this, T.

guess i will hang around if u don't mind.

did that touch of 36 (just below your 40) invalidate the long up to 1.420-20?

i stil have those 2 in my book. 1.4196 (DPP) and end of current 15m cycle and 1.4220 as end of bear territory (1.4217 to be more precise )

many green to all at the den!

WBR
dreams do come true.
22 traders viewing now