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  • #3,401
  • Oct 4, 2011 2:55am Oct 4, 2011 2:55am
Quoting BrunargarFx
Hi T.
Only looking at it on daily atm.
Why did you close so early?
Closed as price was retracing, target was 65, was going with bigger poundage. Almost hit my daily profit target with just 28 pips so...
  • #3,402
  • Oct 4, 2011 3:42am Oct 4, 2011 3:42am
range 62-75

Still 60 is a good buy zone. stops 15 pips + spread. If 75 gets broken hello to 90-00. For 1st entries at 61 stops on BE
  • #3,403
  • Oct 4, 2011 3:47am Oct 4, 2011 3:47am
Quoting Flynchenberg
Butterfly Bullish on m30 and h1.
If we will not bounce now, next level to watch is @ 1.3160 - 1.3190.

Hope it helps,
Seb
Hi Guys,
A little update:
Due to extended selling rallies M30 Butterfly evolved into H1 Crab.
We're stucked @ 1.3160 ( AD=1.61XA @ 1.3160, its Ideal Crab) now as I said earlier. From here we might go up for max. 1.3315 as a form of a bounce:
1. Cos 1.3150 area is nice support.
2. Bullish Crab is only on H1 TF so it is not that much powerfull and the overall trend is down.

In case we will not bounce and slip futher down, I have a nice&big Bullish Bat pattern on DAILY TF. This might be significant, due to the fact that H1 Crab next level is on 1.3100 ( CD=3.61BC @ 1.3100) and the same level is Ideal Bat level on Daily TF (AD=0.886XA @ 1.3108). If that will not hold, Bullish Bat will extend even futher down for a nice level to book profits made from this selling rally : 1.2793 ( CD=2.61 BC @ 1.2793).

In case anyone wonder how this animals morphs into each other, answer is pretty basic:
First we got lower TF Butterfly Bullish pattern (m30 and H1). This pattern is very powerfull ( that means it can produce very reliable Potential Reverse Zones that are based on Fib sequences). But we broke important support level and then selling extended changing Butterfly into Crab on H1 TF and then on Bat on Daily TF ( it is all due to rallies).

So, strategy is quite clear: keep selling guys with one eye on important levels.


Hope it helps,
Seb
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur.gif Size: 61 KB
Click to Enlarge Name: eur_h1.gif Size: 73 KB
  • #3,404
  • Oct 4, 2011 3:49am Oct 4, 2011 3:49am
Quoting T@rantula
range 62-75

Still 60 is a good buy zone. stops 15 pips + spread. If 75 gets broken hello to 90-00. For 1st entries at 61 stops on BE
Yes. exactly as planned.
  • #3,405
  • Oct 4, 2011 3:56am Oct 4, 2011 3:56am
Quoting Flynchenberg
Hi Guys,
A little update:
Due to extended selling rallies M30 Butterfly evolved into H1 Crab.
We're stucked @ 1.3160 ( AD=1.61XA @ 1.3160, its Ideal Crab) now as I said earlier. From here we might go up for max. 1.3315 as a form of a bounce:
1. Cos 1.3150 area is nice support.
2. Bullish Crab is only on H1 TF so it is not that much powerfull and the overall trend is down.

In case we will not bounce and slip futher down, I have a nice&big Bullish Bat pattern on DAILY TF. This might be significant, due to the fact that H1 Crab next level...

Sell the rallies yes on wider perspective. On m15 its good also to buy dips
  • #3,406
  • Oct 4, 2011 4:22am Oct 4, 2011 4:22am
small trade
sell 1.3190 TP 1.31 SL 1.3210
  • #3,407
  • Oct 4, 2011 4:41am Oct 4, 2011 4:41am
Quoting egkid
small trade
sell 1.3190 TP 1.31 SL 1.3210
tight stop hmm, fingers crossed
  • #3,408
  • Oct 4, 2011 5:06am Oct 4, 2011 5:06am
Quoting egkid
small trade
sell 1.3190 TP 1.31 SL 1.3210
ADD 3210 SL mental moved to 3220
same Target 31
  • #3,409
  • Oct 4, 2011 6:28am Oct 4, 2011 6:28am
Quoting egkid
ADD 3210 SL mental moved to 3220
same Target 31
out @3187 because
news - I'm at work "no time "
BTW:
better be sideline both sell and buy risk
Technically it's Buy zone@31 but because the trend is down and bad news and Greece It still keep going down
Catch u later when back home
  • #3,410
  • Oct 4, 2011 7:18am Oct 4, 2011 7:18am
here is how it goes in NY session.

My plan is:

1. Would like to see a dip down to 3145 then buy it.
2. In case we have an imminent pullback sell levels are 3210-3235 with stops at 3255. 3255 is important level for short stops.
3. I wont sell now ( 3177) Either a dip to buy zone or a pullback to sell zone.

Simple. Isnt it?
  • #3,411
  • Oct 4, 2011 8:13am Oct 4, 2011 8:13am
U all see my point now. between 12.30- 2.30 PM its no trading zone. Market is consolidating. Wall street gives a push then.
  • #3,412
  • Oct 4, 2011 9:12am Oct 4, 2011 9:12am
I hope u are not trading these fundies now. I am certainly not. Careful.
  • #3,413
  • Edited 11:29am Oct 4, 2011 11:12am | Edited 11:29am
EURUSD, M15, 2011 October 04

I've stayed at the sideline and have wait. But now maybe it's time to go short.

M15 has forming a divergence.

Short 1.3302 just now,

..and will set one more short again at 1.3325 (DR1).

All orders shouldn't be executed with much money at the time, only 2/10 of the normal lot trades and around 1.35 (if so) I intend to take 2 more shorts of 2/10 capitalized again.

Be careful!

FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M15, 2011 September 04.jpg Size: 133 KB
  • #3,414
  • Oct 4, 2011 11:42am Oct 4, 2011 11:42am
Quoting Forexcube
EURUSD, M15, 2011 October 04

I've stayed at the sideline and have wait. But now maybe it's time to go short.

M15 has forming a divergence.

Short 1.3302 just now,

..and will set one more short again at 1.3325 (DR1).

All orders shouldn't be executed with much money at the time, only 2/10 of the normal lot trades and around 1.35 (if so) I intend to take 2 more shorts of 2/10 capitalized again.

Be careful!

FXcube

Im in the trade also, not a big position 3298 short. Lets see Was staying staylined ofc, didnt want to fade the strenght. That could have brought me down in loss.
  • #3,415
  • Oct 4, 2011 11:55am Oct 4, 2011 11:55am
Quoting mercy seat
A new kind of grafical presentation of the market strategies ...

In this case with a 30 min barchart view for the EUR/USD pair ...

2011-10-03 _ (16h13 CET) EUR-USD _ 030min _ 000 bar 240-500-40

And an additional TABLE view of "the system" with survey on all important master keys on various TFs ...

[url="http://www.forexfactory.com/attachment.php?attachmentid=798673&stc=1&d=1317651660"][color=#22229c]2011-10-03_00h03...

This is what we have had for today ...



Again our new kind of grafical presentation of the market strategies ...

In this case with a 30 min barchart view for the EUR/USD pair ...

2011-10-04 _ (18h40 CET) EUR-USD _ 030min _ 000 bar 240-500-40

And an additional TABLE view of "the system" with survey on all important master keys on various TFs ...

2011-10-03_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-40



palim palim



;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-10-04 _ (18h40 CET) EUR-USD _ 030min _ 000 bar 240-500-40.GIF Size: 78 KB
Click to Enlarge Name: 2011-10-03_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-40.PNG Size: 123 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,416
  • Oct 4, 2011 12:05pm Oct 4, 2011 12:05pm
Move is done ... brother John has gone ...

The whole day has been prepaired for this market rythm ... we were in a "buy on dips mode" as it has been mentioned since 28 hours ago ... and we were prepaired for this "end of bearish move" situation ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,417
  • Oct 4, 2011 12:45pm Oct 4, 2011 12:45pm
Quoting Forexcube
EURUSD, M15, 2011 October 04

I've stayed at the sideline and have wait. But now maybe it's time to go short.

M15 has forming a divergence.

Short 1.3302 just now,

..and will set one more short again at 1.3325 (DR1).

All orders shouldn't be executed with much money at the time, only 2/10 of the normal lot trades and around 1.35 (if so) I intend to take 2 more shorts of 2/10 capitalized again.

Be careful!

FXcube
See #3413


Exit 1.3254

Profit: +48 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2011 September 04.jpg Size: 137 KB
  • #3,418
  • Oct 4, 2011 12:49pm Oct 4, 2011 12:49pm
Quoting T@rantula
Im in the trade also, not a big position 3298 short. Lets see Was staying staylined ofc, didnt want to fade the strenght. That could have brought me down in loss.
See #3414

Hi T@rantula

I am out just now around 1.3245. If the price would go further down, it should be also okay for me.

I trade more careful and have taken my trades not so often this week than the ones before.

I wish you success & happiness!

Best regards
FXcube
  • #3,419
  • Oct 4, 2011 12:54pm Oct 4, 2011 12:54pm
Quoting mercy seat
This is what we have had for today ...



Again our new kind of grafical presentation of the market strategies ...

In this case with a 30 min barchart view for the EUR/USD pair ...

2011-10-04 _ (18h40 CET) EUR-USD _ 030min _ 000 bar 240-500-40

And an additional TABLE view of "the system" with survey on all important master keys on various TFs ...

[url="http://www.forexfactory.com/attachment.php?attachmentid=799718&stc=1&d=1317747290"][color=#22229c]2011-10-03_23h15...
See #3415


Hi mercy seat!

What a lovely Microsoft Excel sheet. How do you make this? Really great!

Es gibt vierzig Arten von Wahnsinn, aber nur eine Art von gesundem Menschenverstand. [Ghana]

Deine Tabelle wirkt hochkarätig super!

Fxcube
  • #3,420
  • Oct 5, 2011 1:31am Oct 5, 2011 1:31am
We have both TRIX and MACD hidden bullish divergence. We are going up. Buy on dips suggested. 3303 acts as a median point. Chart in a minute.
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