Spider's Den | Page 434 | Forex Factory

Options

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

Spider's Den

  • #8,661
  • Dec 7, 2011 3:41am Dec 7, 2011 3:41am
Quoting Munal
ultimately mate expecting for a test of upper daily TL
We should see some retracment first, im playing it now...lets see..
  • #8,662
  • Dec 7, 2011 3:52am Dec 7, 2011 3:52am
Cable 30 min... looking to buy above trendline.. note above weekly mid.. candle pins and vol spikes..
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 25 KB
  • #8,663
  • Dec 7, 2011 3:54am Dec 7, 2011 3:54am
Quoting T@rantula
Selling EU now.

E:3426
S:3456
TP:3380
3412 scaling out +14
  • #8,664
  • Dec 7, 2011 3:59am Dec 7, 2011 3:59am
Quoting danc
Cable 30 min... looking to buy above trendline.. note above weekly mid.. candle pins and vol spikes..
Are u looking to buy on retracement or exploit a breakout?
  • #8,665
  • Dec 7, 2011 4:06am Dec 7, 2011 4:06am
Quoting T@rantula
3412 scaling out +14
Close at will, if u took the call.


Closing 3403


+23 pips total
  • #8,666
  • Dec 7, 2011 4:39am Dec 7, 2011 4:39am
Quoting T@rantula
Are u looking to buy on retracement or exploit a breakout?
Watching for break to hi side T.. noticed increased volume again on second last bar..
  • #8,667
  • Dec 7, 2011 4:45am Dec 7, 2011 4:45am
USDCAD.. 4 hr ,, watching this divergance .. also CCI showing signs of possible diverg on daily..I caught the move down.. mainly on diverge on 4 hr.. so maby going back up??
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 17 KB
  • #8,668
  • Dec 7, 2011 4:48am Dec 7, 2011 4:48am
Quoting T@rantula
Selling EU now.

E:3426
S:3456
TP:3380
The target has been reached
  • #8,669
  • Dec 7, 2011 4:49am Dec 7, 2011 4:49am
Quoting danc
Watching for break to hi side T.. noticed increased volume again on second last bar..
Be careful Danc, as breakout may be restricted due to low volatility range.
  • #8,670
  • Dec 7, 2011 4:50am Dec 7, 2011 4:50am
Quoting danc
USDCAD.. 4 hr ,, watching this divergance .. also CCI showing signs of possible diverg on daily..I caught the move down.. mainly on diverge on 4 hr.. so maby going back up??
Put the upper trendline above, and wait for the price to close above the trendline. That is one of the ways the divergence entries are made.
  • #8,671
  • Dec 7, 2011 4:52am Dec 7, 2011 4:52am
Scalping for days because no direction so far
long @3380
  • #8,672
  • Dec 7, 2011 4:55am Dec 7, 2011 4:55am
Quoting egkid
Scalping for days because no direction so far
long @3380
Good level to go long bro for scalping trades, and yes these days scalps tactics works the best.
  • #8,673
  • Dec 7, 2011 5:12am Dec 7, 2011 5:12am
Quoting T@rantula
Put the upper trendline above, and wait for the price to close above the trendline. That is one of the ways the divergence entries are made.
Thanks>>>>....Also noticed Diverg on CCI.. 4 hr CADJY
  • #8,674
  • Dec 7, 2011 5:14am Dec 7, 2011 5:14am
3368 is the next level. Pay attention to table.
Dont try to exploit big moves.
  • #8,675
  • Dec 7, 2011 5:21am Dec 7, 2011 5:21am
Quoting T@rantula
3368 is the next level. Pay attention to table.
Dont try to exploit big moves.
Done.
  • #8,676
  • Dec 7, 2011 5:22am Dec 7, 2011 5:22am
Quoting danc
Thanks>>>>....Also noticed Diverg on CCI.. 4 hr CADJY
Chart pls.
  • #8,677
  • Dec 7, 2011 5:23am Dec 7, 2011 5:23am
T.. excuse my ignorance... Is this rite??
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 17 KB
  • #8,678
  • Dec 7, 2011 5:26am Dec 7, 2011 5:26am
Quoting danc
T.. excuse my ignorance... Is this rite??
No problem mate, Dont worry..Ill show u 2 mins pls.
  • #8,679
  • Dec 7, 2011 5:26am Dec 7, 2011 5:26am
Hi T.
Yes, you are right. Scalping is the way. I cant be behind my comp atm so only planning breakouts.

I have LTL on H4 at 1.336, if this one is taken, we go down.
I'm in for a short since 1.3386, SL is at BE now, we'll see (there is still possibility of bounce back up at 1.336


Quoting T@rantula
Try to go for short trades. +15-20 pips then scale out, do it for 2 times a day and you are done.

You are right, its hard to catch real moves now as TA is basically under pressure from fundies.

Still go with levels it can be done with 20 pips per day. Friday is important yes, after that we may see some volatility but the real trading will resume after holidays.
  • #8,680
  • Dec 7, 2011 5:34am Dec 7, 2011 5:34am
Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: usdcad daily.jpg Size: 70 KB


Here Dance. Your blue trendline-resistance line should be tested. If it closes above, you can try to go long with smaller leverage due to h4 timeframe chart trading.

Daily also suggests move north.
19 traders viewing now