Spider's Den | Page 423 | Forex Factory

Options

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

Spider's Den

  • #8,441
  • Dec 1, 2011 4:16pm Dec 1, 2011 4:16pm
Quoting infinitus
Have to talk with your boss
shoot ahead, that'd be me
  • #8,442
  • Dec 1, 2011 4:16pm Dec 1, 2011 4:16pm
Quoting mercy seat
As I am not thinking in grafical approach ... and only in levels ... and I just do use graphs for observation ... I would like to prefer just in Text form ...

Just as in your example ... and just the way as before ...

Specially as I want to go back to my old trading style by the time ... when no charts has been needed for me ...

I'm not using much grafic things and don't like to add things like arrows or text or something like that in charts ...

I do have my simple alert lines ... und gut iss ... [b][color="Red"]sometimes I only...
Now we got Mercy by his balls: he has connected an MT4 station to his Burmester (there is the devil again)
  • #8,443
  • Dec 1, 2011 4:16pm Dec 1, 2011 4:16pm
Quoting infinitus
Hi Mercy,

weekly close was 3309, but daily close on Friday was 3237

That is the problem......
Ahhh ... ok ...

That's the point ...

They say Sunday evening at around midnight is weekly closing I suppose ...

And all of those institutions that I do use do take it from Friday closing NYSE or Chicago ...

And that is what actionforex maybe use as well ...



Aber da braucht es keinen Glaubenskrieg drum ... it is a widespread assumption ... der Handel beginnt mit Wellington und endet in USA ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #8,444
  • Dec 1, 2011 4:21pm Dec 1, 2011 4:21pm
Quoting 2046
shoot ahead, that'd be me
damn it........ LOL
  • #8,445
  • Dec 1, 2011 4:23pm Dec 1, 2011 4:23pm
Quoting mercy seat
Ahhh ... ok ...

That's the point ...

They say Sunday evening at around midnight is weekly closing I suppose ...

And all of those institutions that I do use do take it from Friday closing NYSE or Chicago ...

And that is what actionforex maybe use as well ...



Aber da braucht es keinen Glaubenskrieg drum ... it is a widespread assumption ... der Handel beginnt mit Wellington und endet in USA ...





;-|
Thanks for clarifications my friend........
  • #8,446
  • Dec 1, 2011 4:32pm Dec 1, 2011 4:32pm
Quoting infinitus
My dearest friend Aligater,



I enjoyed the volume idea very much as I like most of your ideas :-)


3395, let me see: on a daily chart it is the 50% retracement of the candle.

n my 4h chart I have marked the area and I can see the importance from that view

Do not get me wrong on FA/TA. Point was only: some fundamentals produces in Forex the best momentum moves

Very good analysis :-)

Enjoyed it


Best to you,


Markus
Markus
Im pleased ,but why do you need so much history for 10-20 pips
or even 50?
what are you hiding


regards
aligater
born to speculate
  • #8,447
  • Dec 1, 2011 4:33pm Dec 1, 2011 4:33pm
Quoting infinitus
Now we got Mercy by his balls: he has connected an MT4 station to his Burmester (there is the devil again)


Ok ok ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #8,448
  • Dec 1, 2011 4:36pm Dec 1, 2011 4:36pm
simpel.
Chart no much history
half line signal,

Cheers
aligater
Attached Image (click to enlarge)
Click to Enlarge Name: 20111201-rdsc-104kb.jpg Size: 104 KB
born to speculate
  • #8,449
  • Dec 1, 2011 4:58pm Dec 1, 2011 4:58pm
Quoting infinitus

Hello T., let me address some points in red.
...
Cloggie levels miss by a pip..? Ok , great, praise be him then

Hmm im not sure if you read my level counts each day, they are just ...how can i say..."right"


Well i wont continue this any further. You are all my friends. We can share we can talk just about any trade any setup and dont forget we are all here to have a nice atmosphere and to make money while enjoying FX market.

Just there are some things that need to be respected thats all
  • #8,450
  • Dec 1, 2011 5:10pm Dec 1, 2011 5:10pm
Quoting T@rantula
Cloggie levels miss by a pip..? Ok , great, praise be him then

Hmm im not sure if you read my level counts each day, they are just ...how can i say..."right"


Well i wont continue this any further. You are all my friends. We can share we can talk just about any trade any setup and dont forget we are all here to have a nice atmosphere and to make money while enjoying FX market.

Just there are some things that need to be respected thats all
I rather would choose level which get crossed above/below 10 pips..
  • #8,451
  • Dec 1, 2011 5:15pm Dec 1, 2011 5:15pm
Quoting FX-Ray
I rather would choose level which get crossed above/below 10 pips..
Hahah, there is a logic in your post...hah smart....
  • #8,452
  • Dec 1, 2011 5:20pm Dec 1, 2011 5:20pm
Quoting FX-Ray
I rather would choose level which get crossed above/below 10 pips..
Ja ... plus / minus 10 Punkte an Unschärfe muß drinne sein ...

On a daily basis we can calculate precise as possible ... but some difference between calculation and markets behavior that is not soo important ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #8,453
  • Dec 1, 2011 5:21pm Dec 1, 2011 5:21pm
Quoting aligater
Markus
Im pleased ,but why do you need so much history for 10-20 pips
or even 50?
what are you hiding


regards
aligater


LOL

Well,

normally I do only look back between 32 and 64 periods. But the explorer in me wants to look further sometimes :-)

With a breach of that level I am looking for some 100's pips :-)
  • #8,454
  • Dec 1, 2011 5:23pm Dec 1, 2011 5:23pm
Quoting T@rantula
Hahah, there is a logic in your post...hah smart....
haha!
  • #8,455
  • Dec 1, 2011 5:38pm Dec 1, 2011 5:38pm
Quoting infinitus
...
BTW: Snow in my beloved Switzerland? EURCHF back to 1.60 till first week of January (ski-time)?
See #8439


No rain!, no snow!, no ski-events! ...maybe next week!
FXcube
  • #8,456
  • Dec 1, 2011 6:00pm Dec 1, 2011 6:00pm
Quoting Forexcube
See #8439


No rain!, no snow!, no ski-events! ...maybe next week!
FXcube
So I will go long snow and long EURCHF :-)
  • #8,457
  • Edited 8:38pm Dec 1, 2011 7:08pm | Edited 8:38pm
Quoting infinitus
whats up crowd?

It is so silent here. Any reason for that?


I am missing here good analyses as we have seen in past days. Come on folks - up or down? Share your analysis.

See, I am mainly a scalper and I hunt in most cases for a handful of pips.

So no sense for me in posting here every trade. But I also go, from time to time, for the big movements. I only take them when they offer me an outstanding RR, sometimes less than 10pips risk for 50 to over 100 pips.

That is the reason I share here often my EW counts or momentum considerations...
Markus screw everything else.....

Just keep in mind 1.3620 was a bearish/ bullish level...and besides that take a look at the perfect zig zag here in terms of fib relations..

The other level to keep in mind is 1.3730.

All we need to keep in mind is it is correcting that abc. So sell untill it is not correcting any more.
So sell high is the name of the game....for now patience is required....cause market is looking for resistence and support at the same time... or in other words missed level up while going down.

My first sell attempt would be at or around 1.3587- 91 then 1.3617....after that there is no point shorting it for a while....It seems this thing is gonna go down deep...but after eating a lot of scalpers accounts.

Wish you green pips. Here is the chart...there ARE many more but cant be discussed here on the forum.I will try to update price levels as we go.

Note: the head and shoulder (inverted) pattern it is carving out...it seems fake... down trend should resume and after making a new low there should be another spike to get the shorters out. Christmas rally is coming and would continue for 3months at least (when it reaches the very TOP then it would be a slow downward moving PA)..so a lot of patience would be required for swing... and scalpers would lose left and right.
Attached Image (click to enlarge)
Click to Enlarge Name: CORRECTION zigzag.jpg Size: 107 KB
Markets are not Random, they are designed!
  • #8,458
  • Dec 1, 2011 7:14pm Dec 1, 2011 7:14pm
Buy Limit @ 1,3400
Sell Limit @ 1,3580

Expiry: 18 Hours

Good Night all.
  • #8,459
  • Dec 1, 2011 8:33pm Dec 1, 2011 8:33pm
Here is one more for you guys...all these arrows were made this week prior to the move.
I does not matter to me if you believe it or not..

But I would like to share the chart so one does not lose his/ her account.

And where as the precision is concerned ...well thats what I do...cause I dont believe price goes and stops wherever Without a reason.
Attached Image (click to enlarge)
Click to Enlarge Name: NFP Account killer.jpg Size: 117 KB
Markets are not Random, they are designed!
  • #8,460
  • Dec 1, 2011 10:51pm Dec 1, 2011 10:51pm
Quoting Raza
Markus screw everything else.....

Just keep in mind 1.3620 was a bearish/ bullish level...and besides that take a look at the perfect zig zag here in terms of fib relations..

The other level to keep in mind is 1.3730.

All we need to keep in mind is it is correcting that abc. So sell untill it is not correcting any more.
So sell high is the name of the game....for now patience is required....cause market is looking for resistence and support at the same time... or in other words missed level up while going...

thats what i am seeing also..nice chart the reason is because of new monthly candle to retrace for more momentum..
MY OPINION NOT FINANCIAL ADVISE
4 traders viewing now