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  • #341
  • Nov 21, 2011 11:21am Nov 21, 2011 11:21am
......

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  • #342
  • Nov 21, 2011 3:40pm Nov 21, 2011 3:40pm
Very nice. Are you hoping to catch the weekly range on this? Going to take quite a lot to turn this sentiment around I'd say. As for me, I didn't trade. After listening to Ralph last night, who needs money? I'm pretty good at fending off the bailiffs.

You talking about different systems the other day reminded me about a system that I was meant to be keeping an eye on. Don't know if you've seen it. Need to update myself on it really. A bud PM'ed me about it some weeks ago as I don't usually bother to look in the trading systems section but I see it worked rather well on E/U and G/U today.

Song, song, mmmmmmm, let me think. Okay, here's a London lad for you. I doubt he would have made it to your side of the pond considering Robbie Williams couldn't even crack the States (even with the internet). This song is about 20 years old now but still sounds good (well it does to me).

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Nothing worth having is easy.
  • #343
  • Nov 21, 2011 8:26pm Nov 21, 2011 8:26pm
Quoting Patience
Very nice. Are you hoping to catch the weekly range on this? Going to take quite a lot to turn this sentiment around I'd say. As for me, I didn't trade. After listening to Ralph last night, who needs money? I'm pretty good at fending off the bailiffs.

You talking about different systems the other day reminded me about a system that I was meant to be keeping an eye on. Don't know if you've seen it. Need to update myself on it really. A bud PM'ed me about it some weeks ago as I don't usually bother to look in the trading systems...
It's Only Monday and GU has already moved more than 50% of ADR , so it's moving pretty fast . The SSI sentiment is still about 64% long , chances are we could still see new lows and the " Super committee" not taking their jobs seriously doesn't hurt. I'm looking to play the Daily demand levels(Targets) and will open another sell position , if the Virgin POC @ 1. 5698 or the POC @ 1.5688 are tested .

Now You know , Am like a Crack-head when it comes to indicators . What is that on your chart ? Is that a system based on trading specific ranges(boxes)_ ?

Nice song by Kenny ...

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  • #344
  • Nov 22, 2011 5:42am Nov 22, 2011 5:42am
Quoting taomql4
I'm looking to play the Daily demand levels(Targets) and will open another sell position , if the Virgin POC @ 1. 5698 or the POC @ 1.5688 are tested .

Now You know , Am like a Crack-head when it comes to indicators . What is that on your chart ? Is that a system based on trading specific ranges(boxes)_ ?
I see you got your test and then a nice 65 pip drop. Looks like a little bit of risk is returning to the market with the E/U defying gravity and green indices (so far).

The thread is here. I haven't perused it for weeks so I'm really not up-to-date with the recent ins and outs. And I whacked these indicators on weeks ago and was meant to keep an eye on it but haven't. My bud said that it saved him a lot of time. He just whacked the indicator on a whole load of charts and he just flicks through them to see which ones are consolidating in a box and then trades can be set accordingly.

Sounded good to me especially when I can't be bothered sitting in front of the screen ninja trading like today. I think I will help the UK economy instead today and go shopping. One of my least favourite things to do ... lol ... no joke.

I'll just throw my USDX four hour chart out there. Must run, the bailiffs are a knockin'

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Hard to believe this song is 26 years old.
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Nothing worth having is easy.
  • #345
  • Nov 22, 2011 3:43pm Nov 22, 2011 3:43pm
Quoting Patience
I see you got your test and then a nice 65 pip drop. Looks like a little bit of risk is returning to the market with the E/U defying gravity and green indices (so far).

The thread is here. I haven't perused it for weeks so I'm really not up-to-date with the recent ins and outs. And I whacked these indicators on weeks ago and was meant to keep an eye on it but haven't. My bud said that it saved him a lot of time. He just whacked the indicator on a whole load of charts...
And my Alert didn't wake me up - Just opened one eye and I saw it..lol

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  • #346
  • Nov 23, 2011 11:30am Nov 23, 2011 11:30am
Love + blindness = disaster. Never seen anything like it. But thanks for answering my question. I'm assuming that was in answer to my question

Well, we've smashed through the 78.6% fib and filled that imaginary you-know-what. Took a little while longer than I initially expected but, hey, we can't all be perfect. We've only done 62% of it's AWR so far on E/U with G/U at 95%. More losses on E/G may accelerate E/U losses with G/U lagging. Looks like we'll be testing the 1.31xx area this week anyway.

Is this a marathon of songs containing the word "love" in the title? Okay, since I am suspicious of breaking the chain, I'll post another. This is one of Britain's attempts at an R&B boy band in the mid 90's or so. Enjoy ... lol


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Nothing worth having is easy.
  • #347
  • Edited Nov 28, 2011 6:26am Nov 27, 2011 4:51pm | Edited Nov 28, 2011 6:26am
Where's your charts you lightweight? I haven't had any time to do any analysis so I was hoping you'd give me some ideas.

[EDIT] Thanks for your prompt reply ... lol. I know PM'ing can take a lot of time. Don't worry, I'm sorted. Toodles.
Nothing worth having is easy.
  • #348
  • Dec 9, 2011 3:36am Dec 9, 2011 3:36am
buy orders on GU , will post chart later ..
  • #349
  • Dec 10, 2011 9:55am Dec 10, 2011 9:55am
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  • #350
  • Dec 12, 2011 11:04pm Dec 12, 2011 11:04pm
Don't think those supply levels are as strong anymore ...
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  • #351
  • Edited 2:02pm Dec 14, 2011 1:47pm | Edited 2:02pm
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  • #352
  • Edited 6:16pm Dec 14, 2011 5:25pm | Edited 6:16pm
I see you are suspicious too. Don't break the chain! Don't break the chain! Reminds me of those spooky chain letters that used to go around.

Do you know that I have absolutely no idea what you are trying to say with those charts ... doh, doh, doh. And why always Cable? What is the fascination with this major?

It's been a bloody week so far. Gold has been superb. I'm glad that my pondering whether to trade it didn't turn into action because I would have been damn well the wrong way on that one. I see E/U has already done 115% of it's AWR. Cable and A/U still got a little bit to go.

Well my daily/weekly/monthly USDX charts are saying the US$ is going to be shown some more love and if Oanda's and FXCM's sentiment are anything to go by then you definitely do not want to be selling the US$ (except against the Yen, they are heavily long US$ against JPY). Unless you are Jack of course ... nimble and quick.

I'm not going to break the chain so it's time to rock.

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Nothing worth having is easy.
  • #353
  • Edited 8:21pm Dec 18, 2011 8:01pm | Edited 8:21pm
Gone all quiet again I see I'm done for the year. School holidays started on Friday. I'll be chasing a hurricane instead of PA.

Haven't really looked at charts except USDX. This is what I see though.

Happy holidays and good trades to you. I'll make it my New Year's resolution not to annoy you in your journal ... lol

[EDIT] Oh yeah, I forgot to say, I don't know if you have seen that article but large specs on COT are holding the largest short position on E/U since 2007 (yeah, yeah, I know it's three days' late). But all the same, there is a potential for a very nasty short squeeze especially in these pre/post Xmas thin markets.


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Nothing worth having is easy.
  • #354
  • Dec 27, 2011 12:10am Dec 27, 2011 12:10am
Placed Eu buy orders based on High volume down bars on 4 hr chart . I'll post chart later ..
  • #355
  • Dec 27, 2011 7:46am Dec 27, 2011 7:46am
I'm not trading but I'm not sure whether you are aware of the January seasonal effect which usually favours US$ strength.

This article is a little old (2009) but it explains it quite well. 2010 also saw US$ strength in January and in 2011 the first week saw US$ strength but then reversed. Just a bit of trivia for you.

I seem to remember that I was scuba trading on a short on E/U last year and I took the chance that we would see US$ strength coming into the New Year instead of taking the loss. Thankfully it worked out for me or I would have had to take the hit.

It's not New Year yet so I can still annoy you .... right? lol
Nothing worth having is easy.
  • #356
  • Jul 10, 2012 4:03pm Jul 10, 2012 4:03pm
...............
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  • #357
  • Jul 10, 2012 7:55pm Jul 10, 2012 7:55pm
Looks like buy orders are running low ...
...........We should see the bottom of demand @ 1.54710 ( 2 hrs Remaining on 4TF ...)
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  • #358
  • Jul 13, 2012 3:44am Jul 13, 2012 3:44am
Thanks for starting the thread again. I watched you in december last year when you stop posting here. Now you again started and I have learnt a lot from your charts..

thanks and regards
Aman



Quoting taomql4
...............
  • #359
  • Jul 18, 2012 5:46am Jul 18, 2012 5:46am
Quoting aman4forex
Thanks for starting the thread again. I watched you in december last year when you stop posting here. Now you again started and I have learnt a lot from your charts..

thanks and regards
Aman
You 're welcome ..I'll try to post more often ...

If and when the first 4hr demand breaks, then most likely we'll visit the second layer(4hr demand)..

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  • #360
  • Jul 19, 2012 11:27am Jul 19, 2012 11:27am
No open positions for me......

Update ..
..........
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