Spider's Den | Page 180 | Forex Factory

Options

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

Spider's Den

  • #3,581
  • Oct 9, 2011 11:12am Oct 9, 2011 11:12am
Thx Mercy.
Wonder what to make of the article to which you posted a link.

Would you expect an interim lift for the euro while clearly the euro is continuing its run over the edge?
  • #3,582
  • Oct 9, 2011 11:28am Oct 9, 2011 11:28am
Quoting 2046
Thx Mercy.
Wonder what to make of the article to which you posted a link.

Would you expect an interim lift for the euro while clearly the euro is continuing its run over the edge?
Well ... there is no contradiction in terms ...

We do have some fundamentals ... do have some news and sentiments ... do have some typical positioning behaviour ...

But overall ... technicals do have their rights to live as well ...

A move will be not only caused of preferred direction "a la longue" ... which is bearish of course ...

As you can see in TABLE survey ... see AB 51 ... AB 51 is a stance derived from math formulas for "position traders" ...

But I am an intraday day trader ... and therefore I do prefer those results from pivotal approach and ZigZag surveys ... see AF 55 - AF 63 and very near-term survey AL 69 - AM 77 ...







;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,583
  • Oct 9, 2011 11:41am Oct 9, 2011 11:41am
I can see ... you are living in good old Europe as well at least ...

Maybe your time zone differ only one or two hours from mine ...

I would suggest to save the first dance over the trading floors for the online pippers and gigolos ... we can do it when major markets start to plug in as well ...

My favorite trading time is starting somewhat around 3-5 o'clock in the morning (CET) when the asians have had their first dance and when they are busy with their beloved lunch and fried noodles ...

And my favorite trading hours ends around 18 - 20 CET in the evening ... when only US markets are opened up ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,584
  • Oct 9, 2011 3:05pm Oct 9, 2011 3:05pm
Quoting mercy seat

But overall ... technicals do have their rights to live as well ...
Thanks for partly explaining your table, some day I might be able to decipher it entirely

I agree on your statement, no matter what the driver is, my trades (entry,exit, pos size, rmm) are determined by technicals. In recent weeks euro market has been very nervous and every headline could make a difference hence I am very vigilant about any news.
  • #3,585
  • Oct 9, 2011 3:58pm Oct 9, 2011 3:58pm
Quoting 2046
Thanks for partly explaining your table, some day I might be able to decipher it entirely

I agree on your statement, no matter what the driver is, my trades (entry,exit, pos size, rmm) are determined by technicals. In recent weeks euro market has been very nervous and every headline could make a difference hence I am very vigilant about any news.
As I know that you like the Ichimoku style studies ...

I did apply it on my regular 30min charting tool from netdania ...

And moreover I did use the "heiken ashi candles" in this case ...

Although ... you know as well ... that I do not use charts for my trading decisions ... it is a great fun to use them from time to time ...

And don't they look very ASIAN STYLE atm ... so we trade as if we are here with mikado chopsticks somehow then ...

2011-10-09 _ (22h37 CET) EUR-USD _ 030min _ 000 heiken 240-500-40

Okay ... Spaß beiseite ... Wellington opened its doors with 1.3375 ...

After opening Wellington we saw a little move up towards aprox. 1.338x at first ...

Then down towards aprox. 1.3347 limit ...

Now we have seen a high of 1.33945 atm ...

In other words ... no gaps ... as nearly always ...

Ich bleibe dabei ... und lasse erst anderen den Vortritt ...

But I will react when certain levels come into play ...

And we will always tend to trade what we have planned before things happen ...

Trade within the rules ... and make use of typical levels ... don't react to early when starting to take a trade ...

Dann wird's schon prima klappen ...




;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-10-09 _ (22h37 CET) EUR-USD _ 030min _ 000 heiken 240-500-40.GIF Size: 92 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,586
  • Oct 9, 2011 4:20pm Oct 9, 2011 4:20pm
Hi Friends,

hope you all had a nice weekend.


Good luck for the week.


Target for this C-wae up 3432 (100% of its wave A) or in case of extension 3471 (161.8% of wave A)
  • #3,587
  • Oct 9, 2011 4:48pm Oct 9, 2011 4:48pm
Quoting infinitus
Hi Friends,

hope you all had a nice weekend.


Good luck for the week.


Target for this C-wae up 3432 (100% of its wave A) or in case of extension 3471 (161.8% of wave A)
Jawoll ... we see that ...

Trotzdem ... not a reason for me to do anything atm ...

Btw ... I had a pvt conversation with McPip last week ... and maybe want to come back to that issue in pvt with you by the time ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,588
  • Oct 9, 2011 4:55pm Oct 9, 2011 4:55pm
Quoting infinitus
Hi Friends,

hope you all had a nice weekend.


Good luck for the week.


Target for this C-wae up 3432 (100% of its wave A) or in case of extension 3471 (161.8% of wave A)
Highest been 1.3408 until now ...

Yes ... I think there is more room firstly ...

2011-10-09 _ (23h51 CET) EUR-USD _ 015min _ 000 heiken 300-501-30



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-10-09 _ (23h51 CET) EUR-USD _ 015min _ 000 heiken 300-501-30.GIF Size: 91 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,589
  • Oct 9, 2011 5:08pm Oct 9, 2011 5:08pm
EURUSD, Multiple times
Indifferent, unstable market situation. No clear way. Maybe some scalping trades,..., here and there this week.
FXcube
  • #3,590
  • Oct 9, 2011 5:32pm Oct 9, 2011 5:32pm
Recovery games ... while prices above 1.3364 area ... which is PSAR 0.02/0.2 (green in price window) in 15min charts atm ...

2011-10-10 _ (00h19 CET) EUR-USD _ 015min _ 000 heiken 300-503-30

Carried by PSAR 0.1/0.11 against fast MACD 5/8/9 (orange in MACD window) currently ... while signal line tries to cross PSAR 0.01/0.009 and histogram still hesitating ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-10-10 _ (00h19 CET) EUR-USD _ 015min _ 000 heiken 300-503-30.GIF Size: 90 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,591
  • Oct 9, 2011 6:13pm Oct 9, 2011 6:13pm
misplaced my post with outlook in EU thread
Attached Image (click to enlarge)
Click to Enlarge Name: 111010_eu_h4_0000.gif Size: 17 KB
  • #3,592
  • Oct 9, 2011 6:44pm Oct 9, 2011 6:44pm
Quoting 2046
misplaced my post with outlook in EU thread
Null problemo!

Let's see if we can get a visitation near the lower rising TL there ...

It's a monday ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-10-10_01h43_ EURUSD _ min030 _ (1Moa) barchart + TL.PNG Size: 23 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,593
  • Oct 10, 2011 1:46am Oct 10, 2011 1:46am
Good morning traders,

NFP Monday, caution advised. Bearish divergence on MACD, we will see after this 1h close will I sell or not.

3462 is median point. Bulls are seen above 3497 while bears have 3421 as important level. 3462 is important and we can have a wider range today.
  • #3,594
  • Oct 10, 2011 1:53am Oct 10, 2011 1:53am
Quoting T@rantula
Good morning traders,

NFP Monday, caution advised. Bearish divergence on MACD, we will see after this 1h close will I sell or not.

3462 is median point. Bulls are seen above 3497 while bears have 3421 as important level. 3462 is important and we can have a wider range today.
Stoch has already indicated timing. Need PA to close below 6 MA.

Attached Image (click to enlarge)
Click to Enlarge Name: div.png Size: 25 KB
  • #3,595
  • Oct 10, 2011 2:01am Oct 10, 2011 2:01am
E:3465
SL:3490
TP: open ( I will close it manually)
  • #3,596
  • Oct 10, 2011 2:05am Oct 10, 2011 2:05am
Quoting T@rantula
E:3465
SL:3490
TP: open ( I will close it manually)
Potential targets are 3440 3420 and 3380. However, since this is NFP Monday stops may be a little bit wider for intraday.

Dead stop should be 3525
  • #3,597
  • Oct 10, 2011 2:21am Oct 10, 2011 2:21am
Quoting T@rantula
Potential targets are 3440 3420 and 3380. However, since this is NFP Monday stops may be a little bit wider for intraday.

Dead stop should be 3525
Yes ... we can see easily a move towards your stop level ... a re-test of Friday high is possible ... and if crossed there ... then we say adieu and shake hands ...

Major move has been done ... according to our TABLE survey ...

But there is still room for further upside attempts ... it's a monday ... I will not lean much out of the window ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,598
  • Oct 10, 2011 2:26am Oct 10, 2011 2:26am
Quoting mercy seat
Yes ... we can see easily a move towards your stop level ... a re-test of Friday high is possible ... and if crossed there ... then we say adieu and shake hands ...

Major move has been done ... according to our TABLE survey ...

But there is still room for further upside attempts ... it's a monday ... I will not lean much out of the window ...



;-|
This will be discussed in my chapter FOREX HIGHLIGHTS- How to trade in these conditions, dead stop 3525, and I will cover it with scalps in case it goes awry.


Remember scaling in is a good option
  • #3,599
  • Oct 10, 2011 2:42am Oct 10, 2011 2:42am
Quoting T@rantula
E:3465
SL:3490
TP: open ( I will close it manually)
Patience is needed
  • #3,600
  • Oct 10, 2011 2:42am Oct 10, 2011 2:42am
Quoting T@rantula
This will be discussed in my chapter FOREX HIGHLIGHTS- How to trade in these conditions, dead stop 3525, and I will cover it with scalps in case it goes awry.


Remember scaling in is a good option
Yes it is a freakin' Monday ...

I will do only very small things ... and only with low leverage ... in order to be able to repair any unwanted moves with a single re-action very fast ...

But higher prices are still expected from my kind of viewing prospective ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
2 traders viewing now