Spider's Den | Page 444 | Forex Factory

Options

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

Spider's Den

  • #8,861
  • Dec 9, 2011 5:40am Dec 9, 2011 5:40am
Guys, watch 3440. Important level. Draw some trendlines on lower TFs.

5m divergence which i posted is confirmed. Only below 3440 bears can have control.
  • #8,862
  • Dec 9, 2011 5:58am Dec 9, 2011 5:58am
AUDUSD may go to 1.0240 / 1.0255 area

then short

Im not buying it until this target, I will short when we get there or short if M1/M5 turn into bears

no charts atm, sorry
I'm indeed a talking panda. How are you?
  • #8,863
  • Dec 9, 2011 6:04am Dec 9, 2011 6:04am
Quoting Pandamonium
AUDUSD may go to 1.0240 / 1.0255 area

then short

Im not buying it until this target, I will short when we get there or short if M1/M5 turn into bears

no charts atm, sorry

I thought top could be broken... Well, it still can be, but M1 can give us a good trade...

It is M1 but can work for intraday since it can be the begining of downtrend continuation...

We need reach yellow EMA, then test red EMA...
SL 10-12
TP at least 15
Attached Image (click to enlarge)
Click to Enlarge Name: aussie07.jpg Size: 238 KB
I'm indeed a talking panda. How are you?
  • #8,864
  • Dec 9, 2011 6:07am Dec 9, 2011 6:07am
Quoting Pandamonium
I thought top could be broken... Well, it still can be, but M1 can give us a good trade...

It is M1 but can work for intraday since it can be the begining of downtrend continuation...

We need reach yellow EMA, then test red EMA...
SL 10-12
TP at least 15
Vgood analysis!
  • #8,865
  • Dec 9, 2011 6:26am Dec 9, 2011 6:26am
It is out to eat as many accounts as it can before christmas...

Looks like they may take this to 1.36xx zone first....

There is no EL Wave pattern that I can think of...besides buy everything...
Markets are not Random, they are designed!
  • #8,866
  • Dec 9, 2011 6:41am Dec 9, 2011 6:41am
just before i leave raza i got a view on audusd

raza i have contradicting views at least for aussie.

its simple 12345 as that is what i use all the time for EW

to me it looks like a retracement before entering another demand zone. its at the epicenter of top half of square this should be a good trade
Attached Image (click to enlarge)
Click to Enlarge Name: inhsaalah.gif Size: 33 KB
Have I got something on my face, SOLDIER?
  • #8,867
  • Edited 6:58am Dec 9, 2011 6:43am | Edited 6:58am
Quoting bumapatria
just before i leave raza i got a view on audusd

raza i have contradicting views at least for aussie.

its simple 12345 as that is what i use all the time for EW

to me it looks like a retracement before entering another demand zone. its at the epicenter of top half of square this should be a good trade
Hmmm.

Supply demand looks fine but your wave 4 has gone too far up in wave 1 territory.labelling is questionable.

but anywho Good luck!
Markets are not Random, they are designed!
  • #8,868
  • Dec 9, 2011 7:05am Dec 9, 2011 7:05am
hidden bearish divergence m5
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 1012 02.jpg Size: 107 KB
  • #8,869
  • Dec 9, 2011 7:28am Dec 9, 2011 7:28am
short audusd

i missed correct entry, my short is 6 pips below, but still can work
Attached Image (click to enlarge)
Click to Enlarge Name: aussie08.jpg Size: 265 KB
I'm indeed a talking panda. How are you?
  • #8,870
  • Dec 9, 2011 7:37am Dec 9, 2011 7:37am
Quoting Pandamonium
short audusd

i missed correct entry, my short is 6 pips below, but still can work

just closed for 30 pips

I believe it can retrace a little now...
I'm indeed a talking panda. How are you?
  • #8,871
  • Dec 9, 2011 7:38am Dec 9, 2011 7:38am
Quoting Pandamonium
just closed for 30 pips

I believe it can retrace a little now...
i was wrong
more 10 pips down in 1 minute...
well, looks like a strong momentum after news...
waiting m15 to close
I'm indeed a talking panda. How are you?
  • #8,872
  • Dec 9, 2011 7:41am Dec 9, 2011 7:41am
As presumed. It was another test of 3440 and it held the bulls. Well done all shorts below 3440.
  • #8,873
  • Dec 9, 2011 7:42am Dec 9, 2011 7:42am
Quoting huskyboy
hidden bearish divergence m5
closed + 12 pips, way too early it seems.
  • #8,874
  • Dec 9, 2011 7:44am Dec 9, 2011 7:44am
Quoting Pandamonium
short audusd

i missed correct entry, my short is 6 pips below, but still can work
Good, brave entry mate.
  • #8,875
  • Dec 9, 2011 7:46am Dec 9, 2011 7:46am
Quoting T@rantula
Good, brave entry mate.
TY
but still was not correct thing to do... Since I use 10 pips SL, I must enter on correct price or NOT enter.

But well, it worked
I'm indeed a talking panda. How are you?
  • #8,876
  • Dec 9, 2011 7:48am Dec 9, 2011 7:48am
Quoting huskyboy
hidden bearish divergence m5
Exactly, well spotted.
  • #8,877
  • Dec 9, 2011 7:54am Dec 9, 2011 7:54am
Quoting Pandamonium
TY
but still was not correct thing to do... Since I use 10 pips SL, I must enter on correct price or NOT enter.

But well, it worked
Yes and by looking at PA now, its clear what they wanted. They have pushed the price up hunting the stops ( 3372 level), it automatically lead to 3440 next major resistance. Sellers have showed up turning the price back where it technically belongs to.
  • #8,878
  • Dec 9, 2011 8:08am Dec 9, 2011 8:08am
Quoting T@rantula
Yes and by looking at PA now, its clear what they wanted. They have pushed the price up hunting the stops ( 3372 level), it automatically lead to 3440 next major resistance. Sellers have showed up turning the price back where it technically belongs to.
Fibo extensions show me TP for EURUSD 1.3170
For AUDUSD 0.9842

Don't believe on these levels today, but i will be looking at it on monday/tuesday
I'm indeed a talking panda. How are you?
  • #8,879
  • Dec 9, 2011 8:15am Dec 9, 2011 8:15am
This has the potential to go to 1.3366 if 1.3316 holds.
Attached Image (click to enlarge)
Click to Enlarge Name: e u 120911.gif Size: 22 KB
  • #8,880
  • Dec 9, 2011 8:30am Dec 9, 2011 8:30am
Quoting Pandamonium
Fibo extensions show me TP for EURUSD 1.3170
For AUDUSD 0.9842

Don't believe on these levels today, but i will be looking at it on monday/tuesday
The only way EU can go to 3170 today is on profit taking later. My level calculations go to 3233.
38 traders viewing now