Spider's Den | Page 459 | Forex Factory

Options

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

Spider's Den

  • #9,161
  • Dec 15, 2011 4:36am Dec 15, 2011 4:36am
went long but this possibly might be a bear flag close 2/3 at +19

left a runner with BE stop
Attached Image (click to enlarge)
Click to Enlarge Name: pole flag.gif Size: 30 KB
Have I got something on my face, SOLDIER?
  • #9,162
  • Dec 15, 2011 4:44am Dec 15, 2011 4:44am
EUUD5 min short at 2990.. stop above pink MA line..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 16 KB
  • #9,163
  • Dec 15, 2011 4:50am Dec 15, 2011 4:50am
Quoting danc
EUUD5 min short at 2990.. stop above pink MA line..
I am out minus 2 .. dont like what i see on 5 min.. index chart..
  • #9,164
  • Dec 15, 2011 4:51am Dec 15, 2011 4:51am
Quoting danc
EUUD5 min short at 2990.. stop above pink MA line..
The logic is good, still pay attention as it might pip it out then reverse...
  • #9,165
  • Dec 15, 2011 4:58am Dec 15, 2011 4:58am
Quoting T@rantula
The logic is good, still pay attention as it might pip it out then reverse...
T.. Looking at the 4 hr chart.. looks longish to me..see the way it has broken above the trend line then failed then recoverd..Oh that trend line as per your instructions aa week or so ago.. i use all the time now.. put me long into the UDCAD at a bottom for some nice pips.. and has saved me going long the EUUD about three times.. tis a bldy beauty..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 25 KB
  • #9,166
  • Dec 15, 2011 5:09am Dec 15, 2011 5:09am
Quoting danc
T.. Looking at the 4 hr chart.. looks longish to me..see the way it has broken above the trend line then failed then recoverd..Oh that trend line as per your instructions aa week or so ago.. i use all the time now.. put me long into the UDCAD at a bottom for some nice pips.. and has saved me going long the EUUD about three times.. tis a bldy beauty..


We are having profit taking now and we may be put into consolidation phase soon.

The momentum might shift for long direction but look at levels I posted.
Atm, i cant long EU pair, staying aside.

Cable is other pair...It was good to go long around 5490.
  • #9,167
  • Dec 15, 2011 6:20am Dec 15, 2011 6:20am
As i said consolidation hours..

Staying flat is the best option at the moment.
  • #9,168
  • Dec 15, 2011 6:39am Dec 15, 2011 6:39am
back from course .

seems that I might get my new year gift
I SEE YOU !!
  • #9,169
  • Dec 15, 2011 6:52am Dec 15, 2011 6:52am
Quoting dbfusion
back from course .

seems that I might get my new year gift
Which 1?
  • #9,170
  • Dec 15, 2011 6:53am Dec 15, 2011 6:53am
we could see momentum shift to the upside.

Remember 3031 MUST become a support first then 3055 is next strong resistance.
  • #9,171
  • Dec 15, 2011 6:54am Dec 15, 2011 6:54am
Quoting T@rantula
Which 1?
was thinking 2 tickets to some ski resort .

but its up to the market now to make it 5 star one or not
I SEE YOU !!
  • #9,172
  • Dec 15, 2011 6:58am Dec 15, 2011 6:58am
Quoting dbfusion
was thinking 2 tickets to some ski resort .

but its up to the market now to make it 5 star one or not
Dont be too greedy. careful.
  • #9,173
  • Dec 15, 2011 7:00am Dec 15, 2011 7:00am
Quoting T@rantula
Dont be too greedy. careful.
common I have barely one ticket now .
let it be complete or I will give him his taxi ride to his family
I SEE YOU !!
  • #9,174
  • Dec 15, 2011 7:09am Dec 15, 2011 7:09am
Quoting dbfusion
common I have barely one ticket now .
let it be complete or I will give him his taxi ride to his family
  • #9,175
  • Edited 7:37am Dec 15, 2011 7:15am | Edited 7:37am
seriously though .

EUR below 1.3030 is bad . that level is important .

above it I see high possibility of 1.3170 . not bad at all r/r

edit correction : I don't see any serious level .!

i see following targets to the up side .
3120
3170
I SEE YOU !!
  • #9,176
  • Dec 15, 2011 9:19am Dec 15, 2011 9:19am
Nothing new...

3031 rejected it again.

If we see some profit taking that would be soon.
  • #9,177
  • Dec 15, 2011 9:51am Dec 15, 2011 9:51am
Did u see it. Basically it was 3020>2980...

We could see a continuation of downmove or fresh buyers coming once h1 closes.
  • #9,178
  • Dec 15, 2011 11:04am Dec 15, 2011 11:04am
yes but the devil is playing me so hard to add .
I SEE YOU !!
  • #9,179
  • Dec 15, 2011 3:20pm Dec 15, 2011 3:20pm
Quoting T@rantula
Stop loss is always a must and traders need to learn from previous mistakes...That is what happened to those who were longing EUR when it tanked 2y ago...

When we have very strong trend, counter moves must be restricted. Thats when levels come into play and MM.

I see 2600 for mid term, will post the chart later.

And guys..we will see the retracements thats for sure....I dont think it will be a straight drop. SO dont sell the supports until they turn into resistance.
Its a very good point Tarantula.
Markets are not Random, they are designed!
  • #9,180
  • Dec 16, 2011 1:37am Dec 16, 2011 1:37am
The Dollar Index (DXY) technical reviews show that the 80.00 swing point will be very hard to break and then hold without an implosion in global equity market trade. The same price was pivotal in 2004, 2005, 2007, 2008, 2009, and 2010, with swing points being formed each year as support and resistance.(Source LFB)

Today could be a profit taking day...so please note as master T says levels might not be defended as well as you would like them to.

I will be strictly following DXY today

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
38 traders viewing now