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  • #1,921
  • Oct 25, 2011 5:09am Oct 25, 2011 5:09am
Quoting BeLikeWater
how did you calculate that level?

I can see you didnt make the average.
Not sure I understand the question but took the level off the first chart.
  • #1,922
  • Edited 6:57am Oct 25, 2011 6:46am | Edited 6:57am
Quoting sam0182
Anyone up for more Aussie cross fun?

I'm keeping an eye on the 1.318-1.32 zone, AUD/NZD...fibs, SR.
I have to disagree with Gt3rs. These zones works on crosses too but they need to be on higher timeframe and have to be very well defined. These two criterias are met imo and price didn't test this area for a long time now so atleast some reaction is expected. We'll see how price will aproach this zone but it's very interesting.
  • #1,923
  • Oct 25, 2011 8:10am Oct 25, 2011 8:10am
Closed U/C for + 57pips
  • #1,924
  • Oct 25, 2011 9:20am Oct 25, 2011 9:20am
Quoting 4FXsake
Closed U/C for + 57pips
nice... Took +70 pips on this one, but look where it went
  • #1,925
  • Oct 25, 2011 9:27am Oct 25, 2011 9:27am
Quoting kptMisiu
nice... Took +70 pips on this one, but look where it went
I know! . Just was not brave enough.

Congrats to you!
  • #1,926
  • Oct 25, 2011 11:48am Oct 25, 2011 11:48am
USD/CAD

Coming back to take out the Break Evens?
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  • #1,927
  • Oct 25, 2011 7:14pm Oct 25, 2011 7:14pm
Quoting Greenhaze
I have to disagree with Gt3rs. These zones works on crosses too but they need to be on higher timeframe and have to be very well defined. These two criterias are met imo and price didn't test this area for a long time now so atleast some reaction is expected. We'll see how price will aproach this zone but it's very interesting.
I must agree with Greenhaze regarding the long time passed since the last test. Also consider that price has been running up with no meaningful retracement and at least some of the bulls will take profit as price approaches significant levels and that would be the bounce off the resistance as shown on the chart.

Omid
  • #1,928
  • Oct 25, 2011 9:48pm Oct 25, 2011 9:48pm
Closed the short correctly, however, forgot to open the long.
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Forex is boring but profitable with patience and discipline
  • #1,929
  • Oct 26, 2011 2:15am Oct 26, 2011 2:15am
Nice trade both you!

Came off the daily level very nicely. I've been focusing on only two pairs (EURUSD and AUSUSD) just get my skill up when picking levels. It seems to be working.

Attached are my AUSUSD trade any feedback would be appreciated.
Let me know if it's hard to read and I'll make a better version. (Tip for the day: Just because MT4 can run under Linux doesn't mean it will be good )
Attached Image (click to enlarge)
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  • #1,930
  • Oct 26, 2011 10:22am Oct 26, 2011 10:22am
Dammit - twice today missed out on a trade by 1 pip! Once on EURCHF and then again on SP500 both at amazingly strong levels.

Oh well, not the worst problem in the world to have I guess, at least I know I'm getting the right levels. Just got to check and add the spread to limit orders in future.

Frustrating though so I had to tell someone.
  • #1,931
  • Oct 26, 2011 10:49am Oct 26, 2011 10:49am
Quoting surferking
Dammit - twice today missed out on a trade by 1 pip! Once on EURCHF and then again on SP500 both at amazingly strong levels.

Oh well, not the worst problem in the world to have I guess, at least I know I'm getting the right levels. Just got to check and add the spread to limit orders in future.

Frustrating though so I had to tell someone.
That's surferking unlucky, mate!

  • #1,932
  • Edited 11:31am Oct 26, 2011 11:28am | Edited 11:31am
Quoting surferking
Dammit - twice today missed out on a trade by 1 pip! Once on EURCHF and then again on SP500 both at amazingly strong levels.

Oh well, not the worst problem in the world to have I guess, at least I know I'm getting the right levels. Just got to check and add the spread to limit orders in future.

Frustrating though so I had to tell someone.
that happens but as you say, it is a good sign

i see the SP500 level, but could you post the EURCHF level? OK, have it now 1.2228, right?
  • #1,933
  • Oct 26, 2011 1:36pm Oct 26, 2011 1:36pm
Quoting kptMisiu
that happens but as you say, it is a good sign

i see the SP500 level, but could you post the EURCHF level? OK, have it now 1.2228, right?
For EURCHF I had my order in at 1.2156 but just missed out on the H1 low by the spread. Lesson learnt!
  • #1,934
  • Oct 26, 2011 5:29pm Oct 26, 2011 5:29pm
Quoting 9047
Nice trade both you!

Came off the daily level very nicely. I've been focusing on only two pairs (EURUSD and AUSUSD) just get my skill up when picking levels. It seems to be working.........
Good Job !
  • #1,935
  • Oct 30, 2011 10:26am Oct 30, 2011 10:26am
support last
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  • #1,936
  • Oct 31, 2011 2:00pm Oct 31, 2011 2:00pm
any body else got there beady on this?
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  • #1,937
  • Oct 31, 2011 4:05pm Oct 31, 2011 4:05pm
Quoting Tedge UK
any body else got there beady on this?
No, it has been washed.
  • #1,938
  • Oct 31, 2011 4:17pm Oct 31, 2011 4:17pm
Quoting Tedge UK
any body else got there beady on this?
Nope, too risky..only bought Bund today...S&P hit previous support 1288 on monthly chart and Bund formed SFP on Fri so I expected a down day for stocks and hence Euro too; although not a 300pip drop.
  • #1,939
  • Oct 31, 2011 5:23pm Oct 31, 2011 5:23pm
self explanatory
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  • #1,940
  • Nov 2, 2011 12:48pm Nov 2, 2011 12:48pm
Did anyone take this on gold earlier?

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