Spider's Den | Page 462 | Forex Factory

Options

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

Spider's Den

  • #9,221
  • Dec 16, 2011 6:40am Dec 16, 2011 6:40am
Quoting Raza
on 1 min chart.

How are you doing jay...Live trading yet?
M1 clearly M 1 2 3 bearish reversal pattern, but IMO it went off to much to the downside
  • #9,222
  • Dec 16, 2011 6:42am Dec 16, 2011 6:42am
Quoting T@rantula
M1 clearly M 1 2 3 bearish reversal pattern, but IMO it went off to much to the downside
I have seen these kinda things before..IMO..its not going anywhere but Down.

Had mentioned the level 1.3079 few hours ago!
Markets are not Random, they are designed!
  • #9,223
  • Dec 16, 2011 6:47am Dec 16, 2011 6:47am
Quoting Raza
on 1 min chart.

Target mentioned ...1.3043 RESISTENCE.( turd is a turd)

How are you doing jay...Live trading yet?
going back to live in the new year buddy.. things are ok... back india for the winter - will return to the uk in the middle of january where work should start picking up back home... and will resume live trading then too... how are things your end? are you seeing this at 1.20? my next lower target is 1.2863 - as per the email i sent you a while back
  • #9,224
  • Dec 16, 2011 6:47am Dec 16, 2011 6:47am
Quoting Raza
I have seen these kinda things before..IMO..its not going anywhere but Down.

Had mentioned the level 1.3079 few hours ago!
Yes, also on my charts, thats where I closed 2/3 of 3030 long.

Again...this sell off is real money, these are not leveraged traders.
  • #9,225
  • Dec 16, 2011 6:53am Dec 16, 2011 6:53am
Quoting jaylovin
going back to live in the new year buddy.. things are ok... back india for the winter - will return to the uk in the middle of january where work should start picking up back home... and will resume live trading then too... how are things your end? are you seeing this at 1.20? my next lower target is 1.2863 - as per the email i sent you a while back
Its a good target if 1.2940 breaks....

1.2863 was the level when it came to 1.2871 in the beginning of the year.

So a good bounce could be expected.. I am hesiotant to go big at that level...The other level I have in mind from Algo...1.2828+-10 pips...

I have physically got that fib level from one of the chart...other wise 1.20 it is. and more.I am not sure if they are gonna drop this in 1 shot deal like other currencies in the past....if not then 1.3617 -1.3730 can happen again and then down after clearing all shorts and its OK by the pattern.
Markets are not Random, they are designed!
  • #9,226
  • Dec 16, 2011 6:55am Dec 16, 2011 6:55am
Quoting T@rantula
Yes, also on my charts, thats where I closed 2/3 of 3030 long.

Again...this sell off is real money, these are not leveraged traders.
Yup!

Its very comforting when you know whats gonna happen.
Markets are not Random, they are designed!
  • #9,227
  • Dec 16, 2011 6:56am Dec 16, 2011 6:56am
E:3025
S:3009
TP: open
  • #9,228
  • Dec 16, 2011 7:00am Dec 16, 2011 7:00am
Quoting T@rantula
E:3025
S:3009
TP: open
Attached Image (click to enlarge)
Click to Enlarge Name: count..jpg Size: 126 KB
  • #9,229
  • Dec 16, 2011 7:01am Dec 16, 2011 7:01am
Oops almost forgot the time..

Closing +5.. 1/2

If I hadnt made any profit today I might have been risking more..


For you who took the trade you can exit a part now ( 1.3036) for 10 pips.

Closing all 3038

+13

Attached Image (click to enlarge)
Click to Enlarge Name: l1.jpg Size: 86 KB
  • #9,230
  • Dec 16, 2011 7:34am Dec 16, 2011 7:34am
Ther is a possibility to go back up to 1.3144....given 1.2983 holds.

I am done scalping for today.

Have a good week end.
Markets are not Random, they are designed!
  • #9,231
  • Dec 16, 2011 7:38am Dec 16, 2011 7:38am
I wish all of you:
Bon week-end!
FXcube
  • #9,232
  • Dec 16, 2011 7:40am Dec 16, 2011 7:40am
Quoting Raza
Ther is a possibility to go back up to 1.3144....given 1.2983 holds.

I am done scalping for today.

Have a good week end.
See you and have a good weekend Raza!
  • #9,233
  • Dec 16, 2011 8:06am Dec 16, 2011 8:06am
Quoting T@rantula
See you and have a good weekend Raza!
Same to you Tarantula.

See you in 2 days.
Markets are not Random, they are designed!
  • #9,234
  • Dec 16, 2011 9:18am Dec 16, 2011 9:18am
Weekly results:

Attached Image (click to enlarge)
Click to Enlarge Name: res.jpg Size: 35 KB


SO,

This thread will provide good analysis as always, real time performance and charts.

Real Time entries to compare or take it

One of rare threads with CLEAR calls and analysis.

Enjoy!
  • #9,235
  • Dec 17, 2011 3:48am Dec 17, 2011 3:48am
Quoting T@rantula
Weekly results:

Attachment

SO,

This thread will provide good analysis as always, real time performance and charts.

Real Time entries to compare or take it

One of rare threads with CLEAR calls and analysis.

Enjoy!
  • #9,236
  • Edited 4:43am Dec 17, 2011 4:19am | Edited 4:43am
Quoting Raza
Ther is a possibility to go back up to 1.3144....given 1.2983 holds.

I am done scalping for today.

Have a good week end.
It seems Bullish to me...after some consolidation. But the breakout should be this week.

There are levels / limits which should not be breached, otherwise thare are no limits to E/U..(may be too soon to say this..I am going to wait for the market to show hands..and it should soon)

On the flip side Violation of the down limit mentioned above would be alarming...followed by 1.2940 - 1.2828.

First upper limit I have is 1.3162 if above , later should be bullish with key level @ 1.3300...IMO.( possible santa rally)

I will be looking to Hedge if a good opportunity comes along .First one has to be right.

Weekly has a Bullish Divergence which cannot be trusted but Price level( fib ) will tell whats happening with the wave lenght.

Daily is oversold. 4 hr is Toppy.

It is true if you know the fib level you will know the wave.
Markets are not Random, they are designed!
  • #9,237
  • Dec 17, 2011 4:50am Dec 17, 2011 4:50am
had lower buys but closed them out. very illogical. anyways i am long through weeeknd till 3125. coinciding with fib arc 38.2 1x1 angle of my square held and yellow lines are my forecast
3200 i believe is the real resistance tho


here is another chart got couple of circles as s/r points.

x marks the spot.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: forecast.gif Size: 32 KB
Click to Enlarge Name: forecast 2.gif Size: 30 KB
Have I got something on my face, SOLDIER?
  • #9,238
  • Dec 18, 2011 11:57pm Dec 18, 2011 11:57pm
Good morning all.

Holidays are close. Ill be working this week and then Ill make a break till 6th of January.

Here are the levels for today's London session.

Attached Image (click to enlarge)
Click to Enlarge Name: l1.jpg Size: 85 KB
  • #9,239
  • Edited 12:19am Dec 19, 2011 12:04am | Edited 12:19am
Quoting T@rantula
Good morning all.

Holidays are close. Ill be working this week and then Ill make a break till 6th of January.

Here are the levels for today's London session.

Attachment
Good morning.

Follow up from Friday.

1.2983 level held & hit....1.3091 still on radar and possible by wave structure....

Daily pivot around 1.3040. Monthly around 1.3116.

Upper Bollinger Band sits @ 1.3064 on 2 hr TF.

All the Rest later.
Markets are not Random, they are designed!
  • #9,240
  • Dec 19, 2011 12:24am Dec 19, 2011 12:24am
Quoting Raza
Good morning.

Follow up from Friday.

1.2983 level held & hit....1.3091 still on radar and possible by wave structure....

Daily pivot around 1.3040. Monthly around 1.3116.

Upper Bollinger Band sits @ 1.3064 on 2 hr TF.

All the Rest later.
Yes, 5m is bullish too
37 traders viewing now