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  • #3,961
  • Oct 14, 2011 6:30am Oct 14, 2011 6:30am
The Aussie intra-week covers for all the extra margin if short term counter goes the wrong way.
Attached Image (click to enlarge)
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Don't get mad, get even!
  • #3,962
  • Oct 14, 2011 6:31am Oct 14, 2011 6:31am
I wait for brighter conditions, maybe next week, maybe next month. I don't know. It seems not the time for me to trade the H4 Levels presently with normal Lot Sizes. So I hold my input levels small.
  • #3,963
  • Oct 14, 2011 6:37am Oct 14, 2011 6:37am
Quoting stulic
The Aussie intra-week covers for all the extra margin if short term counter goes the wrong way.
AUDUSD, Monthly, 2011 October 14
AUDUSD, H4, 2011 October 14

The monthly seems exhausted. So maybe good time for some shorts.

I've taken a short around 1.0245 (DR1). The M15 candles are stepping down. Nonehteless maybe it's even better to wait for the next closed H1 candles.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD, Monthly, 2011 October 14.jpg Size: 83 KB
Click to Enlarge Name: AUDUSD, H4, 2011 October 14.jpg Size: 85 KB
  • #3,964
  • Oct 14, 2011 6:42am Oct 14, 2011 6:42am
Well guys lets see, this can turn to be a good intraday trade
  • #3,965
  • Oct 14, 2011 6:50am Oct 14, 2011 6:50am
Quoting Forexcube
AUDUSD, Monthly, 2011 October 14
AUDUSD, H4, 2011 October 14

The monthly seems exhausted. So maybe good time for some shorts.

I've taken a short around 1.0245 (DR1)
Good one, I just can't help myself but stay bullish on the Aussie at least until next CPI in two weeks. I don't expect a rate cut this year at all, inflation will stay elevated and job numbers can only get stronger in pre-christmas period.
Fair bit of interest to be earned by keeping this trade alive and I'm also very bearish on GBP/AUD, TP: 1.4920
Of course this is fundamentals without taking into consideration anything that happens in Europe...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud14101.gif Size: 35 KB
Don't get mad, get even!
  • #3,966
  • Oct 14, 2011 6:51am Oct 14, 2011 6:51am
Quoting Forexcube
AUDUSD, Monthly, 2011 October 14
AUDUSD, H4, 2011 October 14

The monthly seems exhausted. So maybe good time for some shorts.

I've taken a short around 1.0245 (DR1). The M15 candles are stepping down. Nonehteless maybe it's even better to wait for the next closed H1 candles.
Why The Euro Is Going Much Lower, Or The Mother Of All Compression Trades

http://www.zerohedge.com/news/why-eu...ression-trades
  • #3,967
  • Oct 14, 2011 7:23am Oct 14, 2011 7:23am
I'm keeping AUDUSD shorts because I'm waiting for that France downgrade to materialize finally... It will be huge....
Seb
  • #3,968
  • Oct 14, 2011 7:29am Oct 14, 2011 7:29am
position still in play long 3750
will close if we stay under 3825
  • #3,969
  • Oct 14, 2011 7:39am Oct 14, 2011 7:39am
Way too much doom and gloom lately, the numbers just keep popping out way better then estimated from all over the world, might just set the stage for a massive year end rally if you ask me.
Sentiment just seems to be improving big time.

US futures 1% up BTW
Don't get mad, get even!
  • #3,970
  • Edited 8:12am Oct 14, 2011 8:01am | Edited 8:12am
The upside is still resisting at the TL, wanna see a retest of the lower TL. Considering it's Friday, we might have already seen the top for this week?

Edit: not yet
Attached Image (click to enlarge)
Click to Enlarge Name: eu14103.gif Size: 38 KB
Don't get mad, get even!
  • #3,971
  • Oct 14, 2011 8:14am Oct 14, 2011 8:14am
Quoting T@rantula
E: 3796
S: 3821
TP:3730-3700

1/3 normal lot size/poundage. Risking the part of daily profits only.
Just got back. I havent put this trade to BE so its -27 pips with 1/3 normal lot size so basically still keeping the daily profits.

Will wait 15 more mins and see what is going to happen before I open next 1
  • #3,972
  • Oct 14, 2011 8:21am Oct 14, 2011 8:21am
Quoting stulic
The upside is still resisting at the TL, wanna see a retest of the lower TL. Considering it's Friday, we might have already seen the top for this week?

Edit: not yet
Friday movements, cant see the valid source for the movement. Switching to m5 scalp mode.
  • #3,973
  • Oct 14, 2011 8:29am Oct 14, 2011 8:29am
Quoting T@rantula
Friday movements, cant see the valid source for the movement. Switching to m5 scalp mode.
some entry start from bottom..big boys always enter sell high buy low ..look at eu and gu daily pure ...lower tf scream different signal......
MY OPINION NOT FINANCIAL ADVISE
  • #3,974
  • Oct 14, 2011 8:32am Oct 14, 2011 8:32am
divergences are invalidated... moving up to 1.3890, 1.3905...
  • #3,975
  • Oct 14, 2011 8:34am Oct 14, 2011 8:34am
Waiting still, dont wanna catch the knife. Careful guys. No valid shorts on lower TFs yet.
  • #3,976
  • Oct 14, 2011 8:36am Oct 14, 2011 8:36am
Quoting donfriday
some entry start from bottom..big boys always enter sell high buy low ..look at eu and gu daily pure ...lower tf scream different signal......
Yes ofc, switching to m15 m5 I exploit small range swings exposing both directions.

m5 on Bounce/ intraday is good as entry points are done in ranging market. Was good actually for 17 points/last trade but stop wasnt moved to BE exploiting wider intraday range. Invalidation of Upper BB suggests strong momentum push on lower TFs validating Daily positions/ daily traders' maintrend.
  • #3,977
  • Oct 14, 2011 8:40am Oct 14, 2011 8:40am
Quoting T@rantula
Yes ofc, switching to m15 m5 I exploit small range swings exposing both directions.

m5 on Bounce/ intraday is good as entry points are done in ranging market. Was good actually for 17 points/last trade but stop wasnt moved to BE exploiting wider intraday range. Invalidation of Upper BB suggests strong momentum push on lower TFs validating Daily positions/ daily traders' maintrend.
The point is, Higher TF traders have the upper hand atm as following the pure main trend from bottom to the upside.
  • #3,978
  • Oct 14, 2011 8:43am Oct 14, 2011 8:43am
Quoting T@rantula
Yes ofc, switching to m15 m5 I exploit small range swings exposing both directions.

m5 on Bounce/ intraday is good as entry points are done in ranging market. Was good actually for 17 points/last trade but stop wasnt moved to BE exploiting wider intraday range. Invalidation of Upper BB suggests strong momentum push on lower TFs validating Daily positions/ daily traders' maintrend.
i need a pull back and buy again...fibo daily show it all...
MY OPINION NOT FINANCIAL ADVISE
  • #3,979
  • Oct 14, 2011 8:49am Oct 14, 2011 8:49am
Scalping m5. fast chart

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 130 KB


Closed +10. I draw s/r lines manually on lower TFs. Thats the good old technique of market wizards

Normal position and with that 10 pips scalp i made up for -27 on intraday bounce loss. This week + 7,20 % in profit, I think ill keep it now.

The techniques of QUAD trading program are much concerned with proper MM.
  • #3,980
  • Oct 14, 2011 8:57am Oct 14, 2011 8:57am
Quoting Flynchenberg
I'm keeping AUDUSD shorts because I'm waiting for that France downgrade to materialize finally... It will be huge....
Seb

Waiting for Fitch or other one to cut raiting of France....
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