Spider's Den | Page 158 | Forex Factory

Options

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

Spider's Den

  • #3,141
  • Sep 26, 2011 12:24pm Sep 26, 2011 12:24pm
Quoting mercy seat

For example we did take partial profits at various stages ...
;-|
  • #3,142
  • Sep 26, 2011 12:26pm Sep 26, 2011 12:26pm
Quoting mercy seat

...then I enter with much higher amounts (minimum 5 times higher - sometimes even 15 or 20 times higher) ...
;-|



My sentiments exactly!

It's rather the time- and risk-management than the strategy.
  • #3,143
  • Sep 26, 2011 8:31pm Sep 26, 2011 8:31pm
Quoting mercy seat
Highest in this wave has been 1.3530 ...

For example we did take partial profits at various stages ...

Last EXIT been 1.35175 ...

Then reversed the rest at 1.35234 ... with more than 90 pips profit ...

So atm my BE is at 1.35234 ...

If fly higher ... as you say 1.3542 ... or even 1.3555 - 1.3595 is welcome ... then I enter with much higher amounts (minimum 5 times higher - sometimes even 15 or 20 times higher) ...

And this always at typical re-action points ... not earlier and not later ...

If higher again ... then 50 times larger...

Covered now at 1.34481 ...

And again with almost 80 points profit ...

Major moves of the day are done and over for me now ...

2011-09-26 _ (18h41 CET) EUR-USD _ 015min _ 000 candle 250-500-40

(This message from 18h41CET is yesterdays papers in the time between, but now submit for reasons of completeness, as it still was waiting in here while we had some other issues, i.e. a schoolmate was in an interesting discussion via TV-Broadcasting with Angela Merkel concerning the EURO)




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,144
  • Sep 26, 2011 8:37pm Sep 26, 2011 8:37pm
Quoting Forexcube
See #3137

Exit @ 1.3450

Profit: +62 Pips


A penny saved is a penny earned.

Many a little makes a mickle.
Yes ... you did say it ...

Many small fishes makes a really big meal at the end of the day ...

And it is much safer this way ... specially during such periods when there is no real big major trend ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,145
  • Sep 26, 2011 11:30pm Sep 26, 2011 11:30pm
EURUSD, M15, 2011 September 27
EURUSD, H4, 2011 September 27

So I also take a look at M15 and you could trade it just as well!
The upper and lower lines of Bollinger Bands in conjunction with the CCI(14) Tops & Bottoms at M15 when H1/H4 are signalizing a sideway trend.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M15, 2011 September 27.jpg Size: 237 KB
Click to Enlarge Name: EURUSD, H4, 2011 September 27.jpg Size: 132 KB
  • #3,146
  • Sep 27, 2011 1:27am Sep 27, 2011 1:27am
Quoting Forexcube
EURUSD, M15, 2011 September 27
EURUSD, H4, 2011 September 27

So I also take a look at M15 and you could trade it just as well!
The upper and lower lines of Bollinger Bands in conjunction with the CCI(14) Tops & Bottoms at M15 when H1/H4 are signalizing a sideway trend.

Good morning fellow traders!

Grüezi mitenand nach Basel Stadt und Land und nun auch nach "Züri"!

Thank you for these beautiful chart views ...

Again another nice example of charts that does not cause neither severe eyestrain nor headaches ...

Kurzum ... einfach klar und sauber. A clean and pure and propper view!

Well I did have a short look at mine ... with the (almost) same settings as I do use them atm in my 15 min overview ...

In this case 15 min ... 60 min ... 240 min ... 480 min and a DAILY view ...

BTW specially the larger TFs (H4 and even H8 as well as DAILY) do show some nice divergences - which maybe are suggesting an imminent breakout to the upside again. And I think our host T@rantula will possibly agree in this case ...






;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-09-27 _ (07h55 CET) EUR-USD _ 015min _ 000 candle 250-515-40.GIF Size: 79 KB
Click to Enlarge Name: 2011-09-27 _ (07h59 CET) EUR-USD _ 060min _ 000 candle 200-500-10.GIF Size: 66 KB
Click to Enlarge Name: 2011-09-27 _ (08h03 CET) EUR-USD _ 240min _ 000 candle 300-500-30.GIF Size: 86 KB
Click to Enlarge Name: 2011-09-27 _ (08h03 CET) EUR-USD _ 420min _ 000 candle 300-500-30.GIF Size: 65 KB
Click to Enlarge Name: 2011-09-27 _ (08h06 CET) EUR-USD _ x-Daily _ 000 candle 300-500-30.GIF Size: 89 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,147
  • Sep 27, 2011 1:36am Sep 27, 2011 1:36am
According to my analysis stops are pu close to 3595. If the level holds we might see a drop to 3480-50 today.

Reverse divergence on USDCHF could start developing also in favour of EURUSD shorts.
  • #3,148
  • Sep 27, 2011 1:40am Sep 27, 2011 1:40am
Quoting Forexcube
EURUSD, M15, 2011 September 27
EURUSD, H4, 2011 September 27

So I also take a look at M15 and you could trade it just as well!
The upper and lower lines of Bollinger Bands in conjunction with the CCI(14) Tops & Bottoms at M15 when H1/H4 are signalizing a sideway trend.

Quoting mercy seat
Good morning fellow traders!

BTW specially the larger TFs (H4 and even H8 as well as DAILY) do show some nice divergences - which maybe are suggesting an imminent breakout to the upside again. And I think our host T@rantula will possibly agree in this case ...



;-|
Hello guys

Perfect example of range trading Fcube, that is when range system works. We might see a BO to the upside only above 3595 according to my charts. If that holds 3480 could be seen again.
  • #3,149
  • Sep 27, 2011 2:01am Sep 27, 2011 2:01am
E: 3538
SL:3562
TP:3480

Lets see.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 78 KB
  • #3,150
  • Sep 27, 2011 2:11am Sep 27, 2011 2:11am
Quoting T@rantula
Hello guys

Perfect example of range trading Fcube, that is when range system works. We might see a BO to the upside only above 3595 according to my charts. If that holds 3480 could be seen again.

Well yes ... 1.3595 is our first pivotal resistance (DPR+1) zone ...

And as we have seen a first dance to the upside during ASIAN SESSION ... I would tend to say that market rythm is set on "first up - then down modus" ...

Highest been given has been 1.3570 (BID) with mine ...

Lowest been taken has been 1.3480 (ASK) with mine ...

This lowest been taken area represents our DAILY CENTRAL PIVOTAL zone (DPP) and therfore I think we can easily see a push towards 1.3595 today ... and even a cross beyond can happen ... then we will have 1.3602 - 1.3611 (DPR+2) and in case of an extention 1.3627/ 37 can be reached also ...

As this is an ELLIOTT TGT according to our systems ... which started to count up from 1.3362 !

In case of we cannot cross higher than 1.3595 ... and only then ... then we may see another sell-off activity towards below 1.3454/ 47 or even to below 1.3414 (DPS-1) zone ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,151
  • Sep 27, 2011 2:13am Sep 27, 2011 2:13am
Quoting T@rantula
E: 3538
SL:3562
TP:3480

Lets see.

Attachment
Hi mate,
No shorts for me yet, unless stock & commodities turn up red.
So far on early trade:
Dax up, FTSE up, Futures up,
Silver, Gold, Oil, Gas up
Commodities up
And we are in wave 2 now according to my main count.

We will see.

Green pips,
Seb
  • #3,152
  • Sep 27, 2011 2:21am Sep 27, 2011 2:21am
Quoting Flynchenberg
Hi mate,
No shorts for me yet, unless stock & commodities turn up red.
So far on early trade:
Dax up, FTSE up, Futures up,
Silver, Gold, Oil, Gas up
Commodities up
And we are in wave 2 now according to my main count.

We will see.

Green pips,
Seb
You should have taken the short . Its +25, 30 now.... depends of your entry...


I never look anything beside pure FX charts. Just KISS.
  • #3,153
  • Sep 27, 2011 2:29am Sep 27, 2011 2:29am
Quoting T@rantula
You should have taken the short . Its +25, 30 now.... depends of your entry...


I never look anything beside pure FX charts. Just KISS.


I just go with the overall flow, I do not trust myself, ex: every time I have a katzenjammer I always promise to myself not to drink anymore... Oh well...

Good luck anyway,
Seb
  • #3,154
  • Sep 27, 2011 2:39am Sep 27, 2011 2:39am
Quoting Flynchenberg


I just go with the overall flow, I do not trust myself, ex: every time I have a katzenjammer I always promise to myself not to drink anymore... Oh well...

Good luck anyway,
Seb
Completely understand u mate.

Thanx, The price of commodities and anything u need to trade forex is already reflected on the charts as forex doesn use volumes, its not centralized market.

When we are ranging the best used are defo BB as you can exploit ranging market for good.
  • #3,155
  • Sep 27, 2011 2:48am Sep 27, 2011 2:48am
Quoting T@rantula
E: 3538
SL:3562
TP:3480

Lets see.

Attachment


+45 now CLOSED
  • #3,156
  • Sep 27, 2011 2:53am Sep 27, 2011 2:53am
This move has been caused by some remarks from Salgado. And it shows how nervous they are - when such a member can cause such things.



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,157
  • Sep 27, 2011 2:58am Sep 27, 2011 2:58am
Quoting mercy seat
This move has been caused by some remarks from Salgado. And it shows how nervous they are - when such a member can cause such things.



;-|
Well spotted, agreed.

FA helps spiders.



Seb
  • #3,158
  • Sep 27, 2011 3:01am Sep 27, 2011 3:01am
Quoting T@rantula


+45 now CLOSED

Okay 1.34855 been lowest mid-price ...

Only achievable with limit order or very superfast fingers at the triggers by first move attempt below 1.3490 ... as it has been there for less than a second ! !

2011-09-27 _ (09h56 CET) EUR-USD _ Ticks 1000 _ 000 line 800-843-30

That was very fast I must say ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-27 _ (09h56 CET) EUR-USD _ Ticks 1000 _ 000 line 800-843-30.GIF Size: 55 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,159
  • Sep 27, 2011 3:12am Sep 27, 2011 3:12am
Quoting mercy seat
Okay 1.34855 been lowest mid-price ...

Only achievable with limit order or very superfast fingers at the triggers by first move attempt below 1.3490 ... as it has been there for less than a second ! !

2011-09-27 _ (09h56 CET) EUR-USD _ Ticks 1000 _ 000 line 800-843-30

That was very fast I must say ...



;-|

My entry was 3538, thought to close it for 40 ( 3498) but the price slipped giving me even better execution
  • #3,160
  • Sep 27, 2011 3:15am Sep 27, 2011 3:15am
Quoting 2046
Outlook 3
S/R levels for d1 and h4.

d1 has strong bearish tk cross at 1.418.

It is worth noting that the resistance levels do not align with fibonacci retracement levels with the exception of 50% which I considered too optimistic and is not included in this chart.
It will be interesting to see if fib performs better.
PA rejected 3507 which is R1 in chart of above post. But we have also just seen a bounce from hourly TL from 336.
4 traders viewing now