Spider's Den | Page 319 | Forex Factory

Options

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

Spider's Den

  • #6,361
  • Nov 9, 2011 2:03pm Nov 9, 2011 2:03pm
Quoting infinitus
Hi Egkid,

I am on the road again on my way home. So not able to communicate that much :-(

It is very very hard to say, because I can not say with conviction, if we are in a major wave 3, or if we are in a subwave 5 of a major wave 1.


Hmmm, time will tell, I think.

Move slowly looks a little bit tired.

This afternoon I had 3530 on my radar screen for a retracement.

Maybe we are building right now a subwave 4 flat (of this wave down, be it a 3 or a 5), which B-wave is very skewed in the direction of the trend.

What do you think?
I'm sure about one thing
Down trend on daily targeting 1.27
Was waiting 1.39xx to sell but what can i DO if it insist not let me IN!!

4H
PA Range 1.39 - 1.34
  • #6,362
  • Nov 9, 2011 2:05pm Nov 9, 2011 2:05pm
Quoting infinitus


Capiche!!!
is that Italian
I SEE YOU !!
  • #6,363
  • Nov 9, 2011 2:07pm Nov 9, 2011 2:07pm
Quoting egkid
I'm sure about one thing
Down trend on daily targeting 1.27
don't get carried away brother .

انت في منطقة سويت سبوت و الداو هيلف ويطلع 200 بنط .
في 100 هيطلعهم بالزوق بالعافيه هو ده النظام

واليورو فوق ال 3580 مستهدف 39

ونقطة الشرا التانيه لو الميكر حب يعمل بول سكويز عند 33 باين
I SEE YOU !!
  • #6,364
  • Nov 9, 2011 2:15pm Nov 9, 2011 2:15pm
Quoting dbfusion
don't get carried away brother .

انت في منطقة سويت سبوت و الداو هيلف ويطلع 200 بنط .
في 100 هيطلعهم بالزوق بالعافيه هو ده النظام

واليورو...
Thanks bro
مش هحارب التريند الانتظار لبكرة وبعدين هشوف الوضع اية
سلام بقا اشوفك بكرة ان شاء الله
  • #6,365
  • Nov 9, 2011 2:19pm Nov 9, 2011 2:19pm
Quoting egkid
Thanks bro
مش هحارب التريند الانتظار لبكرة وبعدين هشوف الوضع اية
سلام بقا اشوفك بكرة ان شاء الله
see ya mate ,
take good care .
I SEE YOU !!
  • #6,366
  • Nov 9, 2011 2:32pm Nov 9, 2011 2:32pm
Wont disagree with you, but waiting for todays close to see what happens. Right now seeing 3460-3470 as possible reaction zone, but wont buy yet.


Quoting egkid
I'm sure about one thing
Down trend on daily targeting 1.27
Was waiting 1.39xx to sell but what can i DO if it insist not let me IN!!

4H
PA Range 1.39 - 1.34
  • #6,367
  • Nov 9, 2011 2:40pm Nov 9, 2011 2:40pm
Quoting egkid
I'm sure about one thing
Down trend on daily targeting 1.27
Was waiting 1.39xx to sell but what can i DO if it insist not let me IN!!

4H
PA Range 1.39 - 1.34
I see. That is a pity to miss an entry without a good chance to get in.

I had the 3920 on my radar screen too, but was not overly convinced that it would get so high again after the whole sideway mess.

First real stop down should be below 1.3146, the Oct. 4th low

Hope you get a good entry........
  • #6,368
  • Nov 9, 2011 2:45pm Nov 9, 2011 2:45pm
EUR/USD in 30 min barchart view ...

2011-11-09 _ (21h08 CET) EUR-USD _ 030min _ 000 barchart 240-501-40

Market dropped down much lower than expected ... that's for shure ...

We are in strong bearish territory currently ... no doubt ...

From pivotal approach we have seen a break of below all three daily supports ... and now we have been traveling more than 100 points lower than daily SUP 3 ... which is definitely not a good sign for the EURO ...

After we have seen that it did slide below 1.3756 we have been in pure sell-off mode ...

Lowest been 1.35235 with mine ... until now ... again a more than 300 pips span overall ... but some corrective action is likely to become due ...

Preliminary calculation shows that tomorrows DPP will be at aprox. 1.3640 / 50 ... a level that is set to be visited again ... even then - when in continued bearish mode ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-11-09 _ (21h08 CET) EUR-USD _ 030min _ 000 barchart 240-501-40.GIF Size: 77 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,369
  • Nov 9, 2011 4:20pm Nov 9, 2011 4:20pm
Preliminary TABLE survey EUR/USD :

2011-11-09_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-45 (V1).

Bis später




;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-11-09 _ (23h18 CET) EUR-USD _ 030min _ 000 barchart 240-501-40.GIF Size: 76 KB
Click to Enlarge Name: 2011-11-09_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-45 (V1).PNG Size: 118 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,370
  • Nov 9, 2011 8:31pm Nov 9, 2011 8:31pm
EURUSD, M15, 2011 November 10
EURUSD, H1, 2011 November 10

Long @ 1.3541

Target @ 1.3632
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M15, 2011 November 10.jpg Size: 189 KB
Click to Enlarge Name: EURUSD, H1, 2011 November 10.jpg Size: 152 KB
  • #6,371
  • Nov 9, 2011 11:27pm Nov 9, 2011 11:27pm
EURUSD 4 hr.........

Support around.......... make it or break it.....
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd4hr-10a.gif Size: 26 KB
  • #6,372
  • Nov 10, 2011 1:34am Nov 10, 2011 1:34am
Hello fellow traders!

EU levels for today:

Bullish continuation 3558>3571>3580>3592>3613>3634>3647
Bearish continuation 3504>3491>3483>3470>3450>3428>3415

Median point 3531
  • #6,373
  • Nov 10, 2011 2:03am Nov 10, 2011 2:03am
Quoting T@rantula
Hello fellow traders!

EU levels for today:

Bullish continuation 3558>3571>3580>3592>3613>3634>3647
Bearish continuation 3504>3491>3483>3470>3450>3428>3415

Median point 3531
Last breakout exploited 3505 > 3491 for 15 pips total.

If we pass today's open on heavy moentum or close above it ( 3526 + spread) we may see an "earlybird" sign of bullish configuration where 3505 would probably become a support.
  • #6,374
  • Nov 10, 2011 2:03am Nov 10, 2011 2:03am
Good Morning !

TABLE survey EUR/USD after phone calls ... but prior to Tokyo Session opening :

2011-11-09_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-45 (V1)

Elliott :

Turning point at 1.3859 zone. Projection down 1.3405 or 1.3311 in case of an extention ...

Pivots :

To trade lower towards 1.3484 or below to 1.3424 or 1.3369 while below 1.3618 - 1.3642 zone. Pullback to 1.3575 - 1.3642 or 1.3708 is possible. But only a cross of above 1.3760 will re-open the upside ...

Immediate range with various keys between 1.3595 and 1.3484 ...




Faites vos jeux!




;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-11-09_23h15 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-45 (V1) b.PNG Size: 119 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,375
  • Nov 10, 2011 2:13am Nov 10, 2011 2:13am
Quoting T@rantula
If we pass today's open on heavy moentum or close above it ( 3526 + spread) we may see an "earlybird" sign of bullish configuration where 3505 would probably become a support.


Breakout exploited
  • #6,376
  • Nov 10, 2011 2:30am Nov 10, 2011 2:30am
M5 had bullish TK cross(ichimoku),
M30 weak bullish TK cross at current level
M30 showing signs of macd/RSI divergence

entered long 35140
if 355 fails next R@ 358, 361

partial profits taken +35, close remaining position at bearish TK cross
  • #6,377
  • Nov 10, 2011 2:31am Nov 10, 2011 2:31am
You see guys, how I trade. NO BIAS.

If you have a bias it can lead you to ruin. Exploit both directions, be active and try to trade reasonably.

If u see that bearish level - resistance would be broken, close the position, switch to long position and place the stop where it can be.

I exploited both directions today

http://clip2net.com/s/1j46l

And on the other account also where breakout was exploited thus managing 2 directions effectively.

http://clip2net.com/s/1j47o
  • #6,378
  • Nov 10, 2011 2:41am Nov 10, 2011 2:41am
Quoting 2046
M5 had bullish TK cross(ichimoku),
M30 weak bullish TK cross at current level
M30 showing signs of macd/RSI divergence

entered long 35140
if 355 fails next R@ 358, 361

partial profits taken +35, close remaining position at bearish TK cross
U use MTF setups right?
  • #6,379
  • Nov 10, 2011 3:02am Nov 10, 2011 3:02am
Had to rush to work. Mtf for multi timeframe?
I mainly use m5, h1, h4 and typically keep trades within their tf. Occasionsly, if mm allows I transfer to higher tf. Seiing positions in context to neighbour tf's usually helps determine entry, exit, resistanceand gives overall idea of trade status
  • #6,380
  • Nov 10, 2011 3:13am Nov 10, 2011 3:13am
DAX just closed the opening gap.
MY guess is due to pathetic Italian data we might go down again especially if Italian bond auction goes wrong.

We will see
Seb

EDIT: Dax +0.24 on some hopes again...
4 traders viewing now