Spider's Den | Page 100 | Forex Factory

Options

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

Spider's Den

  • #1,981
  • Aug 17, 2011 4:19am Aug 17, 2011 4:19am
Quoting T@rantula
While above 50% fib of the last swing low/high, we are basically in uptrend.

If 4370 isnt taken out we could see 4475-4500 again.

Bearish moves if lower TL gets broken then wait for a retest.

Attachment
They hunted weak stops, then the reversed it. SO pre London analysis was right. Good to have counter measures.
  • #1,982
  • Aug 17, 2011 4:19am Aug 17, 2011 4:19am
I'll probably wait for US session then look for a good shorting opportunity, to me it looks like we're pushing up first to go much lower down later.
Bad UK data and EU stocks down... fishy business for bulls.

Gold pushing up too.
Don't get mad, get even!
  • #1,983
  • Aug 17, 2011 4:23am Aug 17, 2011 4:23am
Quoting BrunargarFx
Looks like we are in a consolidation phase atm.
After the fake of this morning, we tested the H4 support at 1.432 and did not break it so we should retest 1.447

very limited No of REs to the upside (by comparison to the downside) and tomorrow we have unemployment No. released in the US... so I expect more upmove.
We'll see if we can break 1.447 then 1.452
Yup ...

Things are going better since you use it-finance charts ? ! !

Or do you use Pro-Realtime Demo-Charting-Platform-Package on a test period trial basis Bruni ???



;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-08-17_11h13_ EURUSD _ min180 _ (200) candle + TL + MA.PNG Size: 42 KB
Click to Enlarge Name: 2011-08-17_11h18_ GBPUSD _ min180 _ (200) candle + TL + MA.PNG Size: 47 KB
Click to Enlarge Name: 2011-08-17_11h18_ AUDUSD _ min180 _ (200) candle + TL + MA.PNG Size: 42 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,984
  • Aug 17, 2011 4:57am Aug 17, 2011 4:57am
Shooting star on M15, rejection of 1.444 level. I'm short @ 1.4435. SL: 15 pips, target: 1.440x
  • #1,985
  • Aug 17, 2011 5:05am Aug 17, 2011 5:05am
Hi Mercy.

Not sure what you mean.
I use IT finance charts as this is what is provided by the brokerage firm (any pb with that I should be aware of?)

I have all my main levels ready based on H4 S/R (for the range 1.40 - 1.45), minor levels based on past behaviour of fiber.
I used 3 indies mainly for confidence purpose and BB on M5

An no, it's not a demo account I have. Been trading with my own money for 3 years now - still trying to break even (was so close at the beginning of this year and then fucked up


Quoting mercy seat
Yup ...

Things are going better since you use it-finance charts ? ! !

Or do you use Pro-Realtime Demo-Charting-Platform-Package on a test period trial basis Bruni ???



;-|
  • #1,986
  • Aug 17, 2011 5:07am Aug 17, 2011 5:07am
Quoting stulic
One short filled while I was asleep,
4456, SL: 4482, TP:4227
Still holding this one. After breaking out of my fork price returned back in last hour, then closed below again. RSI overall bullish too.

We're also at a critical three month downtrend resistance level. (2. chart)

Will watch and move to BE if convinced of further upside but my bias is bearish for the day.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu17082.gif Size: 28 KB
Click to Enlarge Name: eu17083.gif Size: 28 KB
Don't get mad, get even!
  • #1,987
  • Aug 17, 2011 5:13am Aug 17, 2011 5:13am
Shooting star pattern confirmed on M30 now...
but no momentum. May be we are in a bullflag around 1.444?
  • #1,988
  • Aug 17, 2011 5:22am Aug 17, 2011 5:22am
Someone must have pressed the pause button on Cable, bugger is getting squeezed .

Waiting for an outbreak soon.
Don't get mad, get even!
  • #1,989
  • Aug 17, 2011 5:24am Aug 17, 2011 5:24am
closed at 1.4431
will wait for 1pm to re open a position

Quoting BrunargarFx
Shooting star pattern confirmed on M30 now...
but no momentum. May be we are in a bullflag around 1.444?
  • #1,990
  • Aug 17, 2011 5:34am Aug 17, 2011 5:34am
Quoting BrunargarFx
Hi Mercy.

Not sure what you mean.
I use IT finance charts as this is what is provided by the brokerage firm (any pb with that I should be aware of?)

I have all my main levels ready based on H4 S/R (for the range 1.40 - 1.45), minor levels based on past behaviour of fiber.
I used 3 indies mainly for confidence purpose and BB on M5

An no, it's not a demo account I have. Been trading with my own money for 3 years now - still trying to break even (was so close at the beginning of this year and then fucked up
Thanx for reply Bruni!

No ... of course you are not a DEMO-TRADER ... that's not why I asked for ...

I thought you use those Charting-Packages ... which are available for others as well ... even then if they trade with Metatrader platforms normally ...

And they are available from Pro-Realtime ... as a package for trial periods ...

But ... ok ok ok ... you have them as a part of your platform ... which is nice ... nice for you at least !

Not wide spread they are ... normally not with anglosaxian brokerage firms ... more often with the french ones ...

English finance institutions which do use them as well ... they are rare ...

So you are a lucky one ...

As they do have some really nice tools others have not ...

But you know that then I guess ...


;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #1,991
  • Aug 17, 2011 5:44am Aug 17, 2011 5:44am
Hi Mercy,

Wasn't too sure so that's why I asked.
Glad to hear that it's a good charting package.
I started with this and never changed since as it catered all my needs, comes for free and there are far more tools than I would use



Quoting mercy seat
Thanx for reply Bruni!

No ... of course you are not a DEMO-TRADER ... that's not why I asked for ...

I thought you use those Charting-Packages ... which are available for others as well ... even then if they trade with Metatrader platforms normally ...

And they are available from Pro-Realtime ... as a package for trial periods ...

But ... ok ok ok ... you have them as a part of your platform ... which is nice ... nice for you at least !

Not wide spread they are ... normally not with anglosaxian brokerage firms ... more often with...
  • #1,992
  • Aug 17, 2011 5:49am Aug 17, 2011 5:49am
ur views guys?

thanks

WBR
dreams do come true.
  • #1,993
  • Aug 17, 2011 5:58am Aug 17, 2011 5:58am
Yes, that's a good position
with a SL above 1.448



Quoting wannaberich
ur views guys?

thanks

WBR
  • #1,994
  • Aug 17, 2011 6:02am Aug 17, 2011 6:02am
Quoting stulic
...

We're also at a critical three month downtrend resistance level.
Mentioned trendline perfectly touched for the 6. time
Attached Image (click to enlarge)
Click to Enlarge Name: eu17084.gif Size: 24 KB
Don't get mad, get even!
  • #1,995
  • Aug 17, 2011 6:04am Aug 17, 2011 6:04am
the level for me is really 80 so i guess i'll take it at 70 with a 20-30 pip sl.

Green Pips, B

Quoting BrunargarFx
Yes, that's a good position
with a SL above 1.448
dreams do come true.
  • #1,996
  • Aug 17, 2011 6:13am Aug 17, 2011 6:13am
Quoting wannaberich
ur views guys?

thanks

WBR
70-80 for shorts 15 pip stop
  • #1,997
  • Aug 17, 2011 6:20am Aug 17, 2011 6:20am
mine is 4475


We are within supply area so technically a good position.
I'd like to see a good rejection from it though hence my tight SL. above it the next Target would be 1.452...

What goes against it atm is a 140pips rally
My plan of action is more to wait for confirmation such as a break of the LTL of the rally mentionned above.

So I would not pick the top but enter at 1.445x
green pips to u


Quoting wannaberich
the level for me is really 80 so i guess i'll take it at 70 with a 20-30 pip sl.

Green Pips, B
  • #1,998
  • Aug 17, 2011 6:29am Aug 17, 2011 6:29am
We're in bulls territory
Don't get mad, get even!
  • #1,999
  • Aug 17, 2011 6:29am Aug 17, 2011 6:29am
85
dreams do come true.
  • #2,000
  • Aug 17, 2011 6:46am Aug 17, 2011 6:46am
Aussie Fiber and Cable all three defying all fundamentals today with a steady climb, USD weakness across the board (see gold and ninja), I might refrain from shorting any of those tonight cause there could be heaps more on the upside to conquer.
Personally don't like days like these that defy my logic for too long but I still think by the end of US session will see a big correction, it's already overdue IMHO.
Don't get mad, get even!
5 traders viewing now