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  • #1,681
  • Aug 9, 2011 5:00am Aug 9, 2011 5:00am
1.4313 soon. it's the end of the 5m cycle. let's see.

1.4285 was the end of the 1h cycle. as i said yesterday will be observing the level to see if we have a turn or a bounce via SD channels. right now we are testing the upper boundary of the last SD channel. if we close back inside (below 58) i will exit this long with a loss (and short?).
dreams do come true.
  • #1,682
  • Aug 9, 2011 5:02am Aug 9, 2011 5:02am
Quoting BlackWid0w
Morning FX Ray.....

Hope all is well my friend....
Is this a stratergy what does this mean to us.....
This thread if for Trading buddy so place your trade with the rules as discussed as we spend a lot of time explaining every entry and exit....

Appreciated have a good day
Morning BlackWid0w,
Everything´s well, thanks for asking, hope with you too!
Sometimes I´m too busy explaining every trade but you´re right.
Took these levels out of my statistics and am watching it the whole day.

1,44750 - 1,44625
1,42875 - 1,42750 <-- Most important
1,41500 - 1,41375
1,40500 - 1,40375

Explanation:

1,44750 - 1,44625 -> last upper peak of observations above first horizontal deviation
1,42875 - 1,42750 -> highest price range of observation / most trading activity
1,41500 - 1,41375 -> last deeper peak of observations above first horizontal deviation
1,40500 - 1,40375 -> no peak but last observation above second deviation

Everything´s marked at picture.
Attached Image (click to enlarge)
Click to Enlarge Name: explanation.jpg Size: 155 KB
  • #1,683
  • Aug 9, 2011 5:23am Aug 9, 2011 5:23am
Quoting FX-Ray
Morning BlackWid0w,
Everything´s well, thanks for asking, hope with you too!
Sometimes I´m too busy explaining every trade but you´re right.
Took these levels out of my statistics and am watching it the whole day.

1,44750 - 1,44625
1,42875 - 1,42750 <-- Most important
1,41500 - 1,41375
1,40500 - 1,40375

Explanation:

1,44750 - 1,44625 -> last upper peak of observations above first horizontal deviation
1,42875 - 1,42750 -> highest price range of observation / most trading activity
1,41500 - 1,41375 -> last deeper peak of observations...
Just watch that guys
  • #1,684
  • Aug 9, 2011 6:07am Aug 9, 2011 6:07am
don't like using the crystal ball but looks like one of those "spike up then down" kind of situations...
dreams do come true.
  • #1,685
  • Edited 6:46am Aug 9, 2011 6:15am | Edited 6:46am
Hi Guys!

Thx for FX-Ray for explainig a little his strategy. Good work.
This is little of topic but I said I'm developing new strategy based on Cycles and I know that Tarantula The Spider is very much interested in trading RSI indicator, so let me just present my new toy: this is Cycle Swing indi witch is primary designed to use as Divergence - Covergence indicator (all 4 of them).

The main advantage of this indi is that it can adapt to the market cycle by altering his period number dynamically. It has adaptative OB/OS levels as well.

This is H1 chart with all cov-div I could find so far.
Current position is:

Short due to to hidden bearish divergence on H1 ( blue line):
Entry: 1.4280
SL: Today high =1.4288
TP1: DPP 1.4245
TP2: 1.4185

What do You guys think?

Cheers,
Seb

EDIT: Sorry for the confusion, I will present RSI Cycle smoothed indi next time.
EDIT2: TP1 HIT
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 1h cycle.jpg Size: 133 KB
  • #1,686
  • Aug 9, 2011 6:19am Aug 9, 2011 6:19am
Lol just kidding F, i am long

nice work.

hope it gives u many pips (and that we are on the same side of those winning pips )

sorry, don't trade RSI so i can't give u an informed opinion. still best of luck

hapipipin

Quoting Flynchenberg
Hi Guys!

Thx for FX-Ray for explainig a little his strategy. Good work.
This is little of topic but I said I'm developing new strategy based on Cycles and I know that Tarantula The Spider is very much interested in trading RSI indicator, so let me just present my new toy: this is RSI Cycle Smoothed indi witch is primary designed to use as Divergence - Covergence indicator (all 4 of them).

The main advantage of this indi is that it can adapt to the market cycle by altering his period number dynamically. It has adaptative OB/OS levels...
dreams do come true.
  • #1,687
  • Aug 9, 2011 6:28am Aug 9, 2011 6:28am
you are loosing some pips (if not already in a few minutes LOL) but you can take them back from Mr. Market if you short 1.4313 - 1.4323

again just kidding, mate!

5m looks pretty flagish but i have a bearish gartley on the 15m right now. this gartley only invalidates at 1.4360 but is efective as of right now so you could be right and get you pips and i'll loose mine. let's see what mr. Market has for us.

again good luck!

WBR
dreams do come true.
  • #1,688
  • Aug 9, 2011 6:47am Aug 9, 2011 6:47am
Quoting BlackWid0w
Hi Everybody,

I am back after a decent break and now seems like the volatility at an all time high.

I have seen a lot of posts and plenty of new traders...join the thread and would like to say thanks a lot for your participation...

We would like to once again repeat ....

A post which does not follow the rules of

The Main three components ie
1.Chart
2.Logic
3.Entry,Exit and Stop loss

Will be deleted and banned from further posting on this thread..
I am totally against any random posting...

I appreciate your hard work and...
Hey BW, welcome back Been missing u.
  • #1,689
  • Aug 9, 2011 6:56am Aug 9, 2011 6:56am
Quoting wannaberich
you are loosing some pips (if not already in a few minutes LOL) but you can take them back from Mr. Market if you short 1.4313 - 1.4323

again just kidding, mate!

5m looks pretty flagish but i have a bearish gartley on the 15m right now. this gartley only invalidates at 1.4360 but is efective as of right now so you could be right and get you pips and i'll loose mine. let's see what mr. Market has for us.

again good luck!

WBR
Entry: 1.4280
SL: Today high =1.4288
TP1: DPP 1.4245
TP2: 1.4185

tp1 hit.
LOL

Of course Fed can reverse everything, but You should notice that price is going up on lower volume.

Seb
  • #1,690
  • Aug 9, 2011 6:57am Aug 9, 2011 6:57am
E: 4255
S: 4280

TP: 4150

Rejection off highs.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 90 KB
  • #1,691
  • Aug 9, 2011 6:58am Aug 9, 2011 6:58am
Quoting BlackWid0w
Hi Everybody,

I am back after a decent break and now seems like the volatility at an all time high.

I have seen a lot of posts and plenty of new traders...join the thread and would like to say thanks a lot for your participation...

We would like to once again repeat ....

A post which does not follow the rules of

The Main three components ie
1.Chart
2.Logic
3.Entry,Exit and Stop loss

Will be deleted and banned from further posting on this thread..
I am totally against any random posting...

I appreciate your hard work and...
welcome back ...





...oh ! not to get banned : i stay sidelined this week to wait for any kind of intervention.

logical,isnt it?

Jonas
Hero calls followed by margin calls...
  • #1,692
  • Aug 9, 2011 6:59am Aug 9, 2011 6:59am


still expect to get mine, too

hapipipin

Quoting Flynchenberg
Entry: 1.4280
SL: Today high =1.4288
TP1: DPP 1.4245
TP2: 1.4185

tp1 hit.
LOL

Seb
dreams do come true.
  • #1,693
  • Aug 9, 2011 7:01am Aug 9, 2011 7:01am
Quoting T@rantula
Hey BW, welcome back Been missing u.
Yes ... but he could switch off this invisible mode ... hehe^^

Would be nice though ... mostly we do have only those bullshitting invaders that way of introducing here ... hehe^^

I know atm ... that it is you ... but when I see too much of them ... then I am alarmed and stop posting ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,694
  • Aug 9, 2011 7:08am Aug 9, 2011 7:08am
Quoting Flynchenberg
Hi Guys!

Thx for FX-Ray for explainig a little his strategy. Good work.
This is little of topic but I said I'm developing new strategy based on Cycles and I know that Tarantula The Spider is very much interested in trading RSI indicator, so let me just present my new toy: this is Cycle Swing indi witch is primary designed to use as Divergence - Covergence indicator (all 4 of them).

The main advantage of this indi is that it can adapt to the market cycle by altering his period number dynamically. It has adaptative OB/OS levels as well.

This...
Interesting...interesting. Im familiar with RSI concept thou not familiar with FXRay methods nor cycles, but its interesting to have some good arsenal at your disposal.
  • #1,695
  • Aug 9, 2011 7:12am Aug 9, 2011 7:12am
Quoting mercy seat
Yes ... but he could switch off this invisible mode ... hehe^^



;-|
Hehe he was absent, he wasnt online, no invisibility for him. A hell of a trader he is, a good one. Him and Fire Fly are diamonds.
  • #1,696
  • Aug 9, 2011 7:24am Aug 9, 2011 7:24am
Quoting T@rantula
Hehe he was absent, he wasnt online, no invisibility for him. A hell of a trader he is, a good one. Him and Fire Fly are diamonds.
Ohh ... nice to hear that ...

And in case you say that ... then it must be true ! ! !



2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,697
  • Aug 9, 2011 7:45am Aug 9, 2011 7:45am
Quoting T@rantula
E: 4255
S: 4280

TP: 4150

Rejection off highs.

Attachment
Busy with managing. SL moved to 4290, scalping short on rallies up.

4290 last defence of bounce.
  • #1,698
  • Edited 9:15am Aug 9, 2011 8:10am | Edited 9:15am
Guys,

Let's see how good is this Composite Cycle Indicator I got.

It says that the end of this cycle up is in 5 hours(that Aqua Blue vertical line = Bernankie time).
Then the cycle should be down, witch is why i'm short ( and Hidden Bearish Div).
This is my first time I'm trying to predict future using Cycle Crystal Ball so I might f@ck up thing a little bit, If so, I'm sorry already but hey even Big Boys can have a bad quater LOL :
http://www.zerohedge.com/news/goldma...-compared-1-q1

Experimental trade. Small lot.

Short @ 1.4270
TP: @ 1.4188 or I will let it go down until cycle will complete.

Let's roll,
Green pips,
Seb

EDIT: Uploaded another chart with cycles, this one is quite oposite to the previous one, let's see witch one is correct one.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd 1h cycle.jpg Size: 138 KB
Click to Enlarge Name: eurusd 1h cycle2.jpg Size: 107 KB
  • #1,699
  • Aug 9, 2011 8:19am Aug 9, 2011 8:19am
Yes ... busy with system improvement ...

We can try to scalp some swings ... that's all atm ...

NYSE Futures are up ... significantly up ...

Gold down a little bit ...

EUR/USD still stuck in that triangle config ...

Eased above Asian Session lows ... and we did expect that (see Table) as we were thinking first move will be to the upside again ...

TGTs mentioned as well there ...

Now we must wait and see ... what mkt wants to give us to work with ...

Placing entry stops can be a nice kind of managing such situations ...

Additional hint to some of our members ... those who still do not know - they should be informed that I never use so-called stop-loss levels ...

And I never use charts for determination of a strategy ...

Stop-levels mentioned are strategical based levels and some of them are based on knowledge of where huge ones do sit in the market ...

It is that simple ... and I never suggest others where they have to place their stops ...

As it is up to them and up to their account facillities ...

I only name some critical key-points and in some cases I do say ... what's behind of an area when it has been reached ...

Mehr werde ich nicht offen hier tun.




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,700
  • Aug 9, 2011 8:43am Aug 9, 2011 8:43am
Quoting T@rantula
Busy with managing. SL moved to 4290, scalping short on rallies up.

4290 last defence of bounce.
Quoting T@rantula
E: 4255
S: 4280

TP: 4150

Rejection off highs.

Attachment


;D
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