High velocity trading | Page 11 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EA based on Velocity/Acceleration 1 reply

High velocity 38 replies

Why does the GBP/USD have so much more Velocity than the other majors? 6 replies

Renko Bars - Alert for PA Velocity 7 replies

Attachments: High velocity trading
Exit Attachments

High velocity trading

  • #201
  • Sep 14, 2011 12:30am Sep 14, 2011 12:30am
Quoting ruffryders
GBP CAD M30 a good trade setup to monitor, I'd short sell once the yellow area is cleared and TP will be initially set @ 5660-5670 area.

http://img41.imageshack.us/img41/4025/gbpcadm3012.png
This trade delivered +100 and then some more. I really don't try to aim for an unrealistic number of pips, 200-300 per week will do me fine.
  • #202
  • Sep 14, 2011 12:32am Sep 14, 2011 12:32am
Quoting ruffryders
Here's then the AUD H4 chart finally. We are below MP, what that means is that I tend to look for shorts now. Now we either break 3020-3080 area and then PA will go further down towards 1010 or 3020-3080 provides resistance (sorry, support actually!) and then what I do is seek a retest of MP @ 5060.

Which scenario then got a better likelihood? Hard to say really, so what I do is wait for 3020-3080 zone to be triggered and then Add/Subtract 40 pips to go long or short, meaning that I got short @ 2080 or long @ 4020 TP is 5040 or 1020.

Both...
This is nice and clean +200 and will deliver more as we go.
  • #203
  • Sep 14, 2011 12:34am Sep 14, 2011 12:34am
Quoting ruffryders
So here's D1 EU chart with NN high/low levels for Monday. The levels do make good sense, so looking to sell high and buy low monday.

http://img18.imageshack.us/img18/2615/eud112092011.png
Going long @ 3522 on Monday 12th would be good for +150 and then some, overall a pretty decent trade in my book.
  • #204
  • Sep 14, 2011 12:36am Sep 14, 2011 12:36am
Quick update on EU


http://img833.imageshack.us/img833/7...0014092011.png
  • #205
  • Sep 14, 2011 12:36am Sep 14, 2011 12:36am
Nice work.. found your thread last week ..like what i've seen so far


Quoting ruffryders
Going long @ 3522 on Monday 12th would be good for +150 and then some, overall a pretty decent trade in my book.
  • #206
  • Sep 14, 2011 12:47am Sep 14, 2011 12:47am
So let's check out the GBP USD W1 chart for hints on the future PA.
I'll say that it's very likely that we are far from the bottom yet, with 5350 being the next very likely target on the downside and 5000 being the extreme case. Once we start to bottom out around these levels I expect a rebound in GU.

http://img20.imageshack.us/img20/121...te14092011.png
  • #207
  • Sep 14, 2011 12:55am Sep 14, 2011 12:55am
http://img690.imageshack.us/img690/5...w114092011.png

My take on DOW. Next very likely target is 10 000. I did a study of Dow/gold/USDX for the last 100 years and what I found is that USDX seems to pick strenght, when DOW is falling, which is kinda unlikely, but still a fact.

Now what that means is that mid-term we can expect USDX to be stronger yet.
  • #208
  • Sep 14, 2011 12:57am Sep 14, 2011 12:57am
Quoting kiwiparis
Nice work.. found your thread last week ..like what i've seen so far
No problem, the idea is to keep them coming! Too bad this week I'm kinda fully loaded @ the office, so can't do NN updates, this takes too much time.

Still the GU weekly high/low is on for this week. It kinda doesn't look that we will reach 6000 at this stage, but 5500 on the downside is very likely now.
  • #209
  • Sep 14, 2011 1:12am Sep 14, 2011 1:12am
Quick AUD USD update

The idea is to trade sup turn rez now.

http://img829.imageshack.us/img829/6...3014092011.png
  • #210
  • Sep 14, 2011 1:56am Sep 14, 2011 1:56am
bought some AUD to try for the Sup/Res zone and then looking to short sell.
  • #211
  • Sep 14, 2011 4:41am Sep 14, 2011 4:41am
sold some GBP CAD, target 60 pips SL 20.
  • #212
  • Sep 14, 2011 11:56pm Sep 14, 2011 11:56pm
time is coming to short sell AUD USD hard out, it's gonna go all the way to 0.9900
  • #213
  • Sep 14, 2011 11:59pm Sep 14, 2011 11:59pm
http://img148.imageshack.us/img148/6...h415092011.png

A chart is in place, here's the AUD USD H4 self-explanatory really.
  • #214
  • Sep 15, 2011 12:02am Sep 15, 2011 12:02am
hi ruffry,
any comments for g/u?
thanks
  • #215
  • Sep 15, 2011 12:04am Sep 15, 2011 12:04am
got a pending order @ 67 SL @ 95 and TP is 0.9927.
  • #216
  • Sep 15, 2011 12:13am Sep 15, 2011 12:13am
Quoting riko2705
hi ruffry,
any comments for g/u?
thanks
Yeah. GU subtract 20 pips from recent low and put on a pending short for the 5500 as initial target.

The deal is that USDX is consolidating into a sloping flag pattern on H4 and doing so above MR3, which kinda does hint on the upside resolution probably on Friday, not today.

Still this means only more downside on GU, EU, AU.

http://img13.imageshack.us/img13/707/usdxh415092011.png
  • #217
  • Sep 15, 2011 12:17am Sep 15, 2011 12:17am
short-term GU can be sold short @ current price SL @ 87 and TP @ 5712, it's only a small trade good for 50 pips and 2 to 1 r/r ratio.
  • #218
  • Sep 15, 2011 12:18am Sep 15, 2011 12:18am
thanks
good trading
  • #219
  • Sep 15, 2011 12:39am Sep 15, 2011 12:39am
Quoting ruffryders
sold some GBP CAD, target 60 pips SL 20.
this one was ok, slow but still managed to book 60 here with low exposure.
  • #220
  • Sep 15, 2011 12:41am Sep 15, 2011 12:41am
looks and feels as like AUD is gonna bust out soon time.
0 traders viewing now