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  • #509,121
  • Aug 3, 2011 11:12pm Aug 3, 2011 11:12pm
Quoting kenfen69
Yeah...3am kickoff for London gets tough. Much prefer midnight when on the west coast. I really only fully wake up by then!
Same here then I am half a sleep all day)
  • #509,122
  • Aug 3, 2011 11:13pm Aug 3, 2011 11:13pm
Quoting kenfen69
I'm still just watching/learning Murray Math levels...but we just bounced off an important one on the H4 chart. I did book some profit there.

Attachment
thats really a good way to trade as this line is a major resistance and support as you could see and its 4/8 line on murray if 7/8 fail to reverse it you should sell it at 8/8 line
  • #509,123
  • Aug 3, 2011 11:14pm Aug 3, 2011 11:14pm
if I where statside I would trade bonds or S&P's, I would not stay up all hours on the nite trading this dumb eurotrash, thats for damn sure..
Look Sharp/Trade Tight
  • #509,124
  • Aug 3, 2011 11:15pm Aug 3, 2011 11:15pm
Quoting Khazul
Think the russians have it the best, get up just in time for things to get moving pre-london, and awake just long enough for most of the NY session.

Asians doing a 8am-4 or whatever normal day job probably get the best evening (their time) time trading.
Yep...hard to disagree there.

Thankfully, Asian session has really changed a lot over the last little while; I've found it much easier to extract a few. Back when it was a snooze-fest, I wanted to move to Greece, Turkey, or Dubai to be able to get up at a lazy-ish hour and settle into Frankie and London.
  • #509,125
  • Aug 3, 2011 11:18pm Aug 3, 2011 11:18pm
Quoting PayTheLimit
if I where statside I would trade bonds or S&P's, I would not stay up all hours on the nite trading this dumb eurotrash, thats for damn sure..
But I like it )LOL I guess after so many years I am used to it)
  • #509,126
  • Aug 3, 2011 11:18pm Aug 3, 2011 11:18pm
Quoting sofia101
Hours is bad for me too on the East Coast)
no doubt.. tough to daytrade the forex no matter where in the americas you live

well maybe working Lo in hawaii wouldnt be so bad... 8pm frankie open....
  • #509,127
  • Aug 3, 2011 11:19pm Aug 3, 2011 11:19pm
Quoting kenfen69
I wanted to move to Greece, Turkey, or Dubai to be able to get up at a lazy-ish hour and settle into Frankie and London.
Move down here i go to bed when family off bed, good place for trading is Asia
Mohan
  • #509,128
  • Aug 3, 2011 11:19pm Aug 3, 2011 11:19pm
Quoting sofia101
But I like it )LOL I guess after so many years I am used to it)

how many years?
Look Sharp/Trade Tight
  • #509,129
  • Aug 3, 2011 11:20pm Aug 3, 2011 11:20pm
Quoting PayTheLimit
a couple off the simple chart...I imagine bulls would like to avoid an hourly close under 92.5...

no doubt... somethin tells me the bears will have a tough time breaking on down through the 81 without some serious momentum
  • #509,130
  • Aug 3, 2011 11:20pm Aug 3, 2011 11:20pm
Quoting nawafasad1
thats really a good way to trade as this line is a major resistance and support as you could see and its 4/8 line on murray if 7/8 fail to reverse it you should sell it at 8/8 line
Indeed. That was the basis for my short bias with some scalps that also turned into runners. My first two trades on this chart were right up against the H4 7/8 failure....most recent closes were on the touch of the 4/8. Haven't been using it for too long...but I'm liking what I see so far.

Cheers mate.

Attached Image (click to enlarge)
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  • #509,131
  • Aug 3, 2011 11:20pm Aug 3, 2011 11:20pm
Quoting PayTheLimit
how many years?
Almost 7 years)
  • #509,132
  • Aug 3, 2011 11:21pm Aug 3, 2011 11:21pm
Quoting sofia101
Same here then I am half a sleep all day)
I knew I couldn't be alone at that! Good to know there's others!
  • #509,133
  • Aug 3, 2011 11:22pm Aug 3, 2011 11:22pm
Quoting sofia101
Almost 7 years)
Plus I have a lot of Russian traders skype me at this time )
  • #509,134
  • Aug 3, 2011 11:23pm Aug 3, 2011 11:23pm
Quoting kenfen69
Yep...hard to disagree there.

Thankfully, Asian session has really changed a lot over the last little while; I've found it much easier to extract a few. Back when it was a snooze-fest, I wanted to move to Greece, Turkey, or Dubai to be able to get up at a lazy-ish hour and settle into Frankie and London.
Hmmm - have a place in istanbul - never thought of kicking the tennants out and using it as a base for trading and with aweful TL value at the moment rent sux and life there quite cheap with a GBP or EUR income
  • #509,135
  • Aug 3, 2011 11:23pm Aug 3, 2011 11:23pm
Quoting PayTheLimit
if I where statside I would trade bonds or S&P's, I would not stay up all hours on the nite trading this dumb eurotrash, thats for damn sure..
You calling me dumb? No...Eurotrash? Wait...just think I'm tired!

Love this feckin pair!
  • #509,136
  • Aug 3, 2011 11:25pm Aug 3, 2011 11:25pm
Quoting PayTheLimit
if I where statside I would trade bonds or S&P's, I would not stay up all hours on the nite trading this dumb eurotrash, thats for damn sure..
thanks for tellin me now buddy... I walk around all day freakin exhausted from this shit

http://www.smiley-lol.com/smiley/fat...es-fatigue.gif

im goin back to swing and position trading.... set it up, let her ride... rake in the pips without babysitting this crap all hours of my life
  • #509,137
  • Aug 3, 2011 11:25pm Aug 3, 2011 11:25pm
Quoting PayTheLimit
how many years?
I am not new to FF too) I was on other threads )Used to trade GU and GJ )
  • #509,138
  • Aug 3, 2011 11:26pm Aug 3, 2011 11:26pm
Quoting Khazul
Hmmm - have a place in istanbul - never thought of kicking the tennants out and using it as a base for trading and with aweful TL value at the moment rent sux and life there quite cheap with a GBP income
Perfect place! Skip Asian. Frankie through NY...1pm ESTish. The business!
  • #509,139
  • Aug 3, 2011 11:26pm Aug 3, 2011 11:26pm
Hi guys, can i ask something .. just need to know what this means, i'm not really familiar with options so here goes ..

"The closest to current market EUR/USD strikes in any particular size are at 1.4200, 1.4225 and 1.4300, while in AUD/USD there are expiries at 1.0700, 1.0750 and 1.0800 today."

News was from yesterday , my question is , based on the above, would the market wanna be near / above / below those numbers ?

Thanks in advance.
You gotta know when to hold 'em, know when to fold 'em ...
  • #509,140
  • Aug 3, 2011 11:29pm Aug 3, 2011 11:29pm
Quoting kenfen69
Indeed. That was the basis for my short bias with some scalps that also turned into runners. My first two trades on this chart were right up against the 7/8 failure....most recent closes were on the touch of the 4/8. Haven't been using it for too long...but I'm liking what I see so far.

Cheers mate.

Attachment
you ve got to realise that there isnt 100% system and alot of times these levels will fail especially in a trending patterns where they are really good at ranging markets and the higer time frame the better they will work .markus uses them with elliott wave and it seems very good for him . but good trades they ve given you
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