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Spider's Den

  • #3,281
  • Sep 29, 2011 8:24am Sep 29, 2011 8:24am
Quoting T@rantula
From this perspective yes, we could see higher grounds later in the day
And I will sell it hard

GL,
Seb
  • #3,282
  • Sep 29, 2011 8:29am Sep 29, 2011 8:29am
Quoting Flynchenberg
Hi,
According to my EW count we should complete wave A of ABC correction of big wave 2: grey rectangle area is typical 50-61% of retracement of a wave of lesser degree.
Now we should reterace like 50-61% of wave A blue, which is just below wave B of lesser degree area:50% is 1.3520, 61% is 1.3483.
However, if we break through 78% retracement of wave A we should seriusly consider signals that it is probably not a corrective wave B and the prior trend should continue. So the line in the sand is 1.3430....
Yup yup ... thanx ... we have it also ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,283
  • Sep 29, 2011 8:31am Sep 29, 2011 8:31am
Quoting Flynchenberg
Hi,
According to my EW count we should complete wave A of ABC correction of big wave 2: grey rectangle area is typical 50-61% of retracement of a wave of lesser degree.
Now we should reterace like 50-61% of wave A blue, which is just below wave B of lesser degree area:50% is 1.3520, 61% is 1.3483.
However, if we break through 78% retracement of wave A we should seriusly consider signals that it is probably not a corrective wave B and the prior trend should continue. So the line in the sand is 1.3430....

Beautiful chart Flynch!
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,284
  • Sep 29, 2011 8:36am Sep 29, 2011 8:36am
DJIA opened up +203 points ~ +1.8% ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,285
  • Sep 29, 2011 8:44am Sep 29, 2011 8:44am

And this is why I do not use SL on this strade:
50 PIP 5MIN UP CANDLE LIKE NO TOMORROW!!!
Bastards Market Makers!

Sorry, I'm just sick of this....
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 138 KB
  • #3,286
  • Sep 29, 2011 8:45am Sep 29, 2011 8:45am
Quoting mercy seat
Beautiful chart Flynch!
Trying hard mate
  • #3,287
  • Sep 29, 2011 8:49am Sep 29, 2011 8:49am
Quoting mercy seat
DJIA opened up +203 points ~ +1.8% ...
Yep might see some risky assets edging higher later, Kabeli did a strange counter move down initially after US data release, then shot up 70 pips, still strong resistance at 5700.
Might buy more if 5705 is clearly taken.
Attached Image (click to enlarge)
Click to Enlarge Name: cable29092.gif Size: 41 KB
Don't get mad, get even!
  • #3,288
  • Sep 29, 2011 8:49am Sep 29, 2011 8:49am
Gut gut Flynch ...

Never use too thight stops ... T@ra wrote some nice hints about that a few weeks ago ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,289
  • Sep 29, 2011 8:52am Sep 29, 2011 8:52am
Quoting Flynchenberg

And this is why I do not use SL on this strade:
50 PIP 5MIN UP CANDLE LIKE NO TOMORROW!!!
Bastards Market Makers!

Sorry, I'm just sick of this....
Clear bear trap mate.
Don't get mad, get even!
  • #3,290
  • Sep 29, 2011 9:18am Sep 29, 2011 9:18am
Quoting stulic
Clear bear trap mate.
Faded the rally on top, looks like wide range up bar on ultra-high volume with weakness in the background to me (VSA principles). I'm looking for more downside to come.
If not I will cover for small profit.
  • #3,291
  • Sep 29, 2011 9:33am Sep 29, 2011 9:33am
Quoting stulic
Clear bear trap mate.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 107 KB
  • #3,292
  • Sep 29, 2011 10:14am Sep 29, 2011 10:14am
I am finished with the day. No trading setups, wont risk the profit.
  • #3,293
  • Sep 29, 2011 10:27am Sep 29, 2011 10:27am
Quoting T@rantula
I am finished with the day. No trading setups, wont risk the profit.
Yes ... I more than fed up now ...

This is what old mercy names a jolly good trading day ...

I love that speedy zigzag ranging ...

Many many many times ...

But now I have enough ... more than enough ... more than 5% up in accounts ...

Need a rest somehow soon ...

Maybe I will make use of some nice limitorders with links to other events ... while switch off the machines ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,294
  • Sep 29, 2011 2:11pm Sep 29, 2011 2:11pm
Hi all,
We haven't managed to cross the 1.368 area after three trials. Looking at the daily, I have three shooting stars and on the H4, I have a neckline on what could be a DT at 1.352x

So I have everything pointing down now but would anyone of you still be considering a last attempt to break 1.368? Tomorrow is Friday and no major news as far as I am aware...
Any comment welcome
  • #3,295
  • Sep 29, 2011 3:07pm Sep 29, 2011 3:07pm
Quoting Forexcube
EURUSD, M15, 2011 September 29
EURUSD, M30, 2011 September 29

M30 has formed a CCI(14) negative Divergence with a M15 CCI(14) Top Level.

I set a short @ 1.3666 just now.

Next Shorts: 1.3690 (mR2) and 1.3745 (DR2)

...and trade further ups at M1/M5 (Hedging).
See #3252

Exit @ 1.3579 (DPV)

Profit: +87 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M30, 2011 September 29, 21h58.jpg Size: 145 KB
  • #3,296
  • Sep 29, 2011 3:12pm Sep 29, 2011 3:12pm
Quoting mercy seat
Nice ... well spotted there ...

I use RSI and Momentum currently ...

But shows nearly the same phenomenons ...



;-|
See #3255

Oh yes, RSI and CCI are often in the same way. The CCI shows divergence sometimes where isn't anything at RSI and I think likewise conversely. An interesting situation could observe betimes when the RSI overrun the CCI by gfoing furhter north and when the CCI begins to fall down more and more. If so then I walk through the timeframes and make my analyse three times more. At this short here now the daily candle was around +165/170 in the plus as I have set this short.
Best regards
FXcube
  • #3,297
  • Sep 29, 2011 3:20pm Sep 29, 2011 3:20pm
Quoting mercy seat
Hey ... the GREECE are possibly the lucky ones ... they must not have the EURO then anymore ...
....;-|
"Auch im Luftschlösserbau gibt es Konjunkturen und Krisen!"
  • #3,298
  • Sep 29, 2011 3:31pm Sep 29, 2011 3:31pm
Quoting T@rantula
Similar setup on Keltner Dynamics + STO, we could see a dip soon, 1 more confirmation needed.

Attachment
Hi T@rantula
It was a time ago,... I have put all three channels into one frame. Bollinger, Keltner or Donchian Channels. The extravagance. Keltner woulda sufficed!
Best regards
FXcube
  • #3,299
  • Sep 29, 2011 3:34pm Sep 29, 2011 3:34pm
Interesting aspect:

Some Meta Trader Forex Indicators:

http://www.earnforex.com/metatrader-indicators
  • #3,300
  • Sep 29, 2011 3:46pm Sep 29, 2011 3:46pm
Quoting Forexcube
Interesting aspect:

Some Meta Trader Forex Indicators:

http://www.earnforex.com/metatrader-indicators


Better try the Graveyard:

http://www.forexfactory.com/showthread.php?t=246111
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