Spider's Den | Page 237 | Forex Factory

Options

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

Spider's Den

  • #4,721
  • Oct 25, 2011 3:31am Oct 25, 2011 3:31am
back in the range...we have 2 spike candles m15 TF. Bullish reversal spike at 3877 and bearish reversal spike ( pinbars) at 3944. That signifies the indecision of bullish/bearish configuration.

1 up 1 down...range in play
  • #4,722
  • Oct 25, 2011 3:33am Oct 25, 2011 3:33am
Quoting T@rantula
back in the range...we have 2 spike candles m15 TF. Bullish reversal spike at 3877 and bearish reversal spike ( pinbars) at 3944. That signifies the indecision of bullish/bearish configuration.

1 up 1 down...range in play
This does not look like range play..T..
Markets are not Random, they are designed!
  • #4,723
  • Oct 25, 2011 3:39am Oct 25, 2011 3:39am
Good morning traders!

Well ... we should not be too particular and pedantic about the prices and limits where we could react ...

Highest been given with mine has been 1.39444 (BID) until now ...

Lowest been taken with mine has been 1.38774 (ASK) until now ...


But as always ... and as you know ... different data feed ... different connections ... different prices therefore ...


It has only a certain significance for our calculations ... and they have to be as precise as possible ...


Until now no level of big significance has been hit ...

We are still caught in a thight range trading span ... and you can expect that neither Highest nor Lowest has been print for the day until now ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #4,724
  • Oct 25, 2011 3:50am Oct 25, 2011 3:50am
Quoting mercy seat
Good morning traders!

Well ... we should not be too particular and pedantic about the prices and limits where we could react ...

Highest been given with mine has been 1.39444 (BID) until now ...

Lowest been taken with mine has been 1.38774 (ASK) until now ...


But as always ... and as you know ... different data feed ... different connections ... different prices therefore ...


It has only a certain significance for our calculations ... and they have to be as precise as possible ...


Until now no level of big significance has been...
In other words ... I don't trade such a shit that much ... i.e. I don't lean that much out of the window ...

In the time between ... there is a lot of work left for us ... improvements to be done ...

Alerts on various TLs and place some pending ENTRY LIMITS and / or ENTRY STOPS (more exiting) at convenient levels ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #4,725
  • Oct 25, 2011 3:52am Oct 25, 2011 3:52am
Quoting mercy seat
Good morning traders!

Well ... we should not be too particular and pedantic about the prices and limits where we could react ...

Highest been given with mine has been 1.39444 (BID) until now ...

Lowest been taken with mine has been 1.38774 (ASK) until now ...


But as always ... and as you know ... different data feed ... different connections ... different prices therefore ...


It has only a certain significance for our calculations ... and they have to be as precise as possible ...


Until now no level of big significance has been...
Markets are not Random, they are designed!
  • #4,726
  • Oct 25, 2011 4:32am Oct 25, 2011 4:32am
Quoting Raza
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #4,727
  • Oct 25, 2011 4:55am Oct 25, 2011 4:55am
Some of you got additional hints or views in pvt ...

Just in order to keep the bigger picture deep in mind ...

But at least same kind of views expressed here ... methods a little bit different ... but not that much ...

#553703



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #4,728
  • Oct 25, 2011 5:14am Oct 25, 2011 5:14am
Quoting T@rantula
Hello guys.

Today we have these levels

median point/initial stop 3906

Bullish continuation 3935>3951>3967>3982>3992>4015
Bearish continuation 3876>3870>3860>3845>3829>3819

Price may tap these levels and react strongly to them.
New HH has been made, still keeping the longs
  • #4,729
  • Oct 25, 2011 6:10am Oct 25, 2011 6:10am
Quoting T@rantula
I see 4015 on higher TF ( 4h-daily). I will go by that now.

E:3915
S:3885
TP:4015
Closed for +33 pips. Boring and slow PA
  • #4,730
  • Oct 25, 2011 6:23am Oct 25, 2011 6:23am
shorted aussie

E:0492
S:0502
TP: 20+ pips

Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 89 KB


P.S. last trade before NY. Ill respect trading hours.
  • #4,731
  • Oct 25, 2011 6:48am Oct 25, 2011 6:48am
Quoting T@rantula
Closed for +33 pips. Boring and slow PA
Yes ... there is not much action ... and that requires more patience as we mostly do have for it ...

Not my kind of trading behaviour ... I must say ...

No nice swinging rythms here ... and it looks as if all those participitiants do not want to trade it ...

Snailing around there ...

2011-10-25 _ (13h34 CET) EUR-USD _ 030min _ 000 barchart 240-500-40

At least ... you can say ... until now it has been trading upwards from 1.3877/ 76 towards 1.3960 as this is obviously which has been best strategy ... but that is a little bit afterwards wisdom ...

And now there is some chance that we might have seen some interim highs around 1.3960 for a corrective move to the downside again ...

But I have got that uncertain feeling that mkt do have stored some ugly surprise eggs behind the corner ...

2011-10-24_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-43

I did post here a secondary update ... based on same data as before ... but with a small few things changed there ...

Wie sagt man doch so oft dann? Der Teufel steckt halt im Detail ...




;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-10-25 _ (13h34 CET) EUR-USD _ 030min _ 000 barchart 240-500-40.GIF Size: 81 KB
Click to Enlarge Name: 2011-10-24_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-43.PNG Size: 125 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #4,732
  • Edited 7:33am Oct 25, 2011 6:50am | Edited 7:33am
Quoting T@rantula
shorted aussie

E:0492
S:0502
TP: 20+ pips

Attachment

P.S. last trade before NY. Ill respect trading hours.
closed for 1/2 15+ stops at BE now

Aussie dropped for 30 pips banked + 15 pips overall as my other half was PIPPED out at BE..grrrr
  • #4,733
  • Oct 25, 2011 7:00am Oct 25, 2011 7:00am
Midday in good old Europe ...

T@ra tends to say ... time for some profit taking ...

Fini at the portas ... as I can see ... possibly he is testing some "Autobahn-Rasthof" (motorway / highway rest and service areas) with his UMTS notebooks for access speed ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #4,734
  • Oct 25, 2011 7:36am Oct 25, 2011 7:36am
Quoting mercy seat
Midday in good old Europe ...

T@ra tends to say ... time for some profit taking ...

Fini at the portas ... as I can see ... possibly he is testing some "Autobahn-Rasthof" (motorway / highway rest and service areas) with his UMTS notebooks for access speed ...



;-|
LOL
  • #4,735
  • Oct 25, 2011 8:43am Oct 25, 2011 8:43am
2 spikes again on EU. Im staying out atm.
  • #4,736
  • Oct 25, 2011 8:57am Oct 25, 2011 8:57am
Quoting T@rantula
2 spikes again on EU. Im staying out atm.
the spike down missed my sl by 0.2 pip... damn lucky.. stops at BE from 1.3967... 1/2 position exited at 1.39... lets see if this will drive up to 1.40... market getting un easy at this level... hopefully papa bear will wake up at 1.40
  • #4,737
  • Oct 25, 2011 9:27am Oct 25, 2011 9:27am
Quoting jaylovin
the spike down missed my sl by 0.2 pip... damn lucky.. stops at BE from 1.3967... 1/2 position exited at 1.39... lets see if this will drive up to 1.40... market getting un easy at this level... hopefully papa bear will wake up at 1.40
Screw E/U...still made $$ SHORTING IT...

But real $$ was made from fast and furious action in USD/CAD...played both ways.....

Take alook!!!!

Who says markets does not move in a straight line? lol..
Markets are not Random, they are designed!
  • #4,738
  • Oct 25, 2011 9:35am Oct 25, 2011 9:35am
Quoting Raza
Screw E/U...still made $$ SHORTING IT...

But real $$ was made from fast and furious action in USD/CAD...played both ways.....

Take alook!!!!

Who says markets does not move in a straight line? lol..
Quoting jaylovin
the spike down missed my sl by 0.2 pip... damn lucky.. stops at BE from 1.3967... 1/2 position exited at 1.39... lets see if this will drive up to 1.40... market getting un easy at this level... hopefully papa bear will wake up at 1.40
Aussie also was better for trading today. Still looking for a right setup on EU...
  • #4,739
  • Oct 25, 2011 9:42am Oct 25, 2011 9:42am
Quoting T@rantula
Aussie also was better for trading today. Still looking for a right setup on EU...
I would look to long again with stight SL on U/cad @ 1.0135...

Even though there is a pin bar.

Now if anyone was to wave count E/U today ..and show it to me... I would salute him...lol...

This is why I find FIBS to be more important than waves.
Markets are not Random, they are designed!
  • #4,740
  • Oct 25, 2011 9:46am Oct 25, 2011 9:46am
chart.. was waiting for TL to be hit... also 76.4% fib retracement here...
Attached Image (click to enlarge)
Click to Enlarge Name: eu h1.png Size: 50 KB
5 traders viewing now