Price is Everything Chat Room | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Fozzy Chat Room 7 replies

Attachments: Price is Everything Chat Room
Exit Attachments

Price is Everything Chat Room

  • #301
  • Sep 6, 2011 3:29am Sep 6, 2011 3:29am
Quoting Orbital
Its time to give you a long overdue vouch, havent vouched for anyone recently because unlike other people (cough you know who you are ) i do not hand them out like candy

Keep up the good work and charts

Im done for the day right now actually, will wait for NY to open and see what happens and find out what fundamental bullshit caused this.

bbl
Well thank you very much, you're too kind. You can see that I'm very stingy with my vouches also. If someone gets a vough from me, they've earned it.

Mind you, I'm not sure cutting my winning trades short by about 1100 pips in 15 minutes is a good advert for 10+ vouchers
  • #302
  • Sep 6, 2011 3:33am Sep 6, 2011 3:33am
Quoting Intel
Well thank you very much, you're too kind. You can see that I'm very stingy with my vouches also. If someone gets a vough from me, they've earned it.

Mind you, I'm not sure cutting my winning trades short by about 1100 pips in 15 minutes is a good advert for 10+ vouchers
Well

"The Swiss National Bank said on Tuesday it would set a minimum exchange rate target of 1.20 francs to the euro and would enforce it by buying foreign currency in unlimited quantities."

You were long for a reason, technical analysis was indicating this bounce up before it occoured, mind you central banks are well aware of their placements and this didnt happen all at once Certain funds and banks are always privy to information in small circles, you just saw on a chart what was going to happen.

Ofcourse there is no way to predict things like this to occur.. because that was fucking epic lol gapped 600 pips up. But anyways, kudos keep up the good work


EDIT:

Jesus fucking christ im laughing my ass off so hard right now... haahaha someone call the bank of japan now
  • #303
  • Sep 6, 2011 3:51am Sep 6, 2011 3:51am
Similar trade here @Orbital, i just didnt place the profit zone. Still cant figure why.
Laughing to the bank
Attached Image (click to enlarge)
Click to Enlarge Name: 6-9-2011 10-47-56.png Size: 35 KB
--Be in the NOW or get lost in time.--
  • #304
  • Sep 6, 2011 5:00am Sep 6, 2011 5:00am
Quoting Orbital
Well

"The Swiss National Bank said on Tuesday it would set a minimum exchange rate target of 1.20 francs to the euro and would enforce it by buying foreign currency in unlimited quantities."

You were long for a reason, technical analysis was indicating this bounce up before it occoured, mind you central banks are well aware of their placements and this didnt happen all at once Certain funds and banks are always privy to information in small circles, you just saw on a chart what was going to happen.

Ofcourse there is no way to predict...
Wow I didn't know that. I steer well clear of fundies, I don't have a clue how to interpret them!

You're right about the move. I tend to take small trades and back them heavily, so when it moved 60 pips in my favour very quickly, I hit the exit button as quick as I could. 68 pips is a huge trade for me, and very very profitable .

Anyone who says they could predict that move is either an instigator of the move or, full of sh*t.
  • #305
  • Sep 6, 2011 5:16am Sep 6, 2011 5:16am
Quoting Intel
Have I got this right?
I suppose the circumstances are unusual so maybe it cannot be trusted but, It did push through.
Attached Image (click to enlarge)
Click to Enlarge Name: 215.jpg Size: 177 KB
  • #306
  • Sep 6, 2011 5:23am Sep 6, 2011 5:23am
Quoting Miky
Similar trade here @Orbital, i just didnt place the profit zone. Still cant figure why.
Laughing to the bank
Still about 2:1 on the trade tho. Nice
  • #307
  • Sep 6, 2011 5:35am Sep 6, 2011 5:35am
Nice trade on EU, do you usually wait for 1h candle confirmation on levels like that?

Thanks
  • #308
  • Sep 6, 2011 5:51am Sep 6, 2011 5:51am
Yes it was indeed a very nice trade. Can you post an explaination for entry please. I will have a go.
Attached Image (click to enlarge)
Click to Enlarge Name: 216.png Size: 227 KB
  • #309
  • Sep 6, 2011 5:55am Sep 6, 2011 5:55am
Sorry about the poor quality charts I've posted. Just realised during the last post that I hadn't been sizing them correctly.
  • #310
  • Sep 6, 2011 6:47am Sep 6, 2011 6:47am
Quoting Ultimatus
Nice trade on EU, do you usually wait for 1h candle confirmation on levels like that?

Thanks
nah depends, most of my entris are m1 and m5 really. For swings i watch m15 h1 h4 and higher because the stop gets larger. Best to pick your battles on m15 though if youre planning to do h1 trading.


Btw here are some more charts, took euro short aswell for 40 more pips on the downmove:
Attached Image (click to enlarge)
Click to Enlarge Name: ff_1.png Size: 28 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ff_2.png Size: 24 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ff_3.png Size: 25 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ff_4.png Size: 35 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ff_5.png Size: 40 KB


Took crude out to early and didnt get a time to make a snapshot of all those m5 m1 and m15 demand zones it basically CRUSHED =/ also provided a gold chart, enigma, me and a couple of other guy are speculating on a potential major reversal, we will see what happens.

Yes i know crude was an early exit but fuck it, already scalped it north today for some 100 pips and i had multiple shorts up there but nvm.

Intel what question?

EDIT: oh yeah the reason why i was short during NFP and why brian and i agree on a sub 80 target on crude is also shown
  • #311
  • Sep 6, 2011 7:05am Sep 6, 2011 7:05am
Quoting Orbital
nah depends, most of my entris are m1 and m5 really. For swings i watch m15 h1 h4 and higher because the stop gets larger. Best to pick your battles on m15 though if youre planning to do h1 trading.


Btw here are some more charts, took euro short aswell for 40 more pips on the downmove:
Attachment

Attachment

Attachment

Attachment

Attachment

Took crude out to early and didnt get a time to make a snapshot of all those m5 m1 and m15 demand zones it basically CRUSHED =/ also...
The only question I've asked is your reasoning for your entry point for the long EU you posted earlier. I had a go with chart a couple of posts ago but, I'm sure it'll be wrong .

A good plethora of trading knowledge used on those charts btw very nice.
  • #312
  • Sep 6, 2011 7:09am Sep 6, 2011 7:09am
EU M15

Back into the H4 demand zone. So we should be looking for signs of reversal.....or not?
Attached Image (click to enlarge)
Click to Enlarge Name: 217.png Size: 186 KB
  • #313
  • Sep 6, 2011 7:11am Sep 6, 2011 7:11am
Quoting Intel
The only question I've asked is your reasoning for your entry point for the long EU you posted earlier. I had a go with chart a couple of posts ago but, I'm sure it'll be wrong .

A good plethora of trading knowledge used on those charts btw very nice.
Euro has a "goldilock" range between 1.40 and 1.45 its that point where its not overvalued and not oversold. I was expecting a reaction there from the general slowing down (ways the bars structured towards that low) once i saw the engulfing i was expecting a major move up, so i bought it.

Keep things simple, the more you try to over analyse things the more complicated things get.

Ill check your charts later im hungry for some food
  • #314
  • Sep 6, 2011 7:23am Sep 6, 2011 7:23am
Quoting Orbital
Euro has a "goldilock" range between 1.40 and 1.45 its that point where its not overvalued and not oversold. I was expecting a reaction there from the general slowing down (ways the bars structured towards that low) once i saw the engulfing i was expecting a major move up, so i bought it.

Keep things simple, the more you try to over analyse things the more complicated things get.

Ill check your charts later im hungry for some food
Good man, thanks.
  • #315
  • Edited 2:23pm Sep 6, 2011 11:57am | Edited 2:23pm
Hey Intel, I'll typically re-draw my levels once they've been broken.

Here's my daily EU, when price got to demand there was a strong rally that was quickly erased. Have the bulls been absorbed or are they looking for better prices?

Edit:

Hey guys I was bored and made a quick video on how I draw MTF SD levels

http://www.youtube.com/watch?v=otuN-oaVpcs
Attached Image (click to enlarge)
Click to Enlarge Name: sept6.jpg Size: 119 KB
  • #316
  • Sep 6, 2011 4:11pm Sep 6, 2011 4:11pm
Quoting frankkn
Hey Intel, I'll typically re-draw my levels once they've been broken.

Here's my daily EU, when price got to demand there was a strong rally that was quickly erased. Have the bulls been absorbed or are they looking for better prices?

Edit:

Hey guys I was bored and made a quick video on how I draw MTF SD levels

http://www.youtube.com/watch?v=otuN-oaVpcs

Thanks Mike. Feel free to post more vids.
  • #317
  • Edited 7:03am Sep 7, 2011 6:40am | Edited 7:03am
Real simple gold trade.

This basically had to happen
Attached Image (click to enlarge)
Click to Enlarge Name: golds.jpg Size: 108 KB
  • #318
  • Edited 9:33am Sep 7, 2011 9:09am | Edited 9:33am
Im a newbie and have followed u guys for awhile in silence. Having a go. Any inputs on my trading ( lack of ) would be helpful. Thanks in advance
Attached Image (click to enlarge)
Click to Enlarge Name: 22.gif Size: 28 KB
  • #319
  • Sep 7, 2011 9:44am Sep 7, 2011 9:44am
Quoting firstaid
Im a newbie and have followed u guys for awhile in silence. Having a go. Any inputs on my trading ( lack of ) would be helpful. Thanks in advance
OK. What was your reason to sell?

PA only, or was there some other reason?
  • #320
  • Sep 7, 2011 10:01am Sep 7, 2011 10:01am
I felt after the bull candle.......i saw compression followed by a bear. Yeah, i know the compression wasn't into supply but felt because of those spikes....no more up move till i have retrace.
0 traders viewing now