Spider's Den | Page 544 | Forex Factory

Options

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

Spider's Den

  • #10,861
  • Feb 9, 2012 8:32am Feb 9, 2012 8:32am
Here is my view, pointing to strong thrust downwards anytime soon
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_M30.jpg Size: 109 KB
  • #10,862
  • Feb 9, 2012 8:33am Feb 9, 2012 8:33am
Quoting T@rantula
Bought 73 but still good buying zone.

Attachment


too much volatile to cope with it and too many spikes better to stay away from shorts though N small long will do the required job


So greek deal finalised ha
finding A M S
  • #10,863
  • Feb 9, 2012 8:42am Feb 9, 2012 8:42am
Quoting Pandamonium
Hey Stulic, I see in your charts you trade aussie.

I have a long @ 1.0721
I'm thinking about close and open short. (i guess i will wait for a retest of the top 1.0840 area)

What you think?
1.0820 was a good price to get out, I'm still waiting for WS to set a tone but commodities have staged quite a rally already, if sentiment remains positive we might target 1.0880 and 1.0900 tonight.
Don't get mad, get even!
  • #10,864
  • Edited 8:57am Feb 9, 2012 8:43am | Edited 8:57am
Look at this 4h chart.

We have 3220 as important zone where horizontal level of support makes a nice triangle which has been broken. The trendline is of 2 december 2011 and it coincides with 3220 just perfectly.

Ex levels of supports are 3330 and 3350. EU should target that before a wave of fresh sellers. 3350 is important as the break will possibly target 3420.

Attached Image (click to enlarge)
Click to Enlarge Name: euh4.jpg Size: 74 KB
  • #10,865
  • Feb 9, 2012 8:49am Feb 9, 2012 8:49am
Quoting stulic
1.0820 was a good price to get out, I'm still waiting for WS to set a tone but commodities have staged quite a rally already, if sentiment remains positive we might target 1.0880 and 1.0900 tonight.
any idea of final target?

this pair didnt have a good retrace for a while
I'm indeed a talking panda. How are you?
  • #10,866
  • Feb 9, 2012 8:54am Feb 9, 2012 8:54am
Quoting Pandamonium
any idea of final target?

this pair didnt have a good retrace for a while
1.0900 and 1.0920 would touch upper long term TL's today but I see no reason why it shouldn't try to have a go at 1.10 and 1.11 at some point this month.
Don't get mad, get even!
  • #10,867
  • Feb 9, 2012 8:54am Feb 9, 2012 8:54am
Are you talking for the day? (I have 1.3325 and possibly 1.335).
I have a big Res at 1.3385 (where I am planning to cover some)

Quoting Pandamonium
any idea of final target?

this pair didnt have a good retrace for a while
  • #10,868
  • Feb 9, 2012 8:59am Feb 9, 2012 8:59am
EUR/AUD approaching my sell zone.
Attached Image (click to enlarge)
Click to Enlarge Name: ea100212a.gif Size: 24 KB
Don't get mad, get even!
  • #10,869
  • Feb 9, 2012 9:03am Feb 9, 2012 9:03am
Quoting BrunargarFx
Are you talking for the day? (I have 1.3325 and possibly 1.335).
I have a big Res at 1.3385 (where I am planning to cover some)
I think they were talking about aussie.. As for EU 3330-50 final. Id go with 3330, still nice rejection from 3320
  • #10,870
  • Feb 9, 2012 9:36am Feb 9, 2012 9:36am
Lets see 4gmt close. If this continues we are having 3320 strong sell off. If it reverses ( long side) this rejection off 3320 is only a profit taking.
  • #10,871
  • Feb 9, 2012 9:59am Feb 9, 2012 9:59am
Quoting egkid
I think so that's why i buy again @3245
Let's c
b back after couple of h
I will close@3305
Another 60++
total today 120
Still in play 3040 and 3090
I Covered all the lose i got before 2 weeks and got more +++++++++
  • #10,872
  • Feb 9, 2012 10:01am Feb 9, 2012 10:01am
Quoting T@rantula
Lets see 4gmt close. If this continues we are having 3320 strong sell off. If it reverses ( long side) this rejection off 3320 is only a profit taking.
3320-3270.

Profit taking started 15:15 gmt and is done.

Open ur charts find 15:15 candle. That is when profit taking started.
  • #10,873
  • Feb 9, 2012 10:02am Feb 9, 2012 10:02am
Quoting egkid
I will close@3305
Another 60++
total today 120
Still in play 3040 and 3090
I Covered all the lose i got before 2 weeks and got more +++++++++
well done. This was a scholastic example of trend following mid/intraday. II have got only 30 pips overall but small size ( i usually dont trade at all during bid rate decision days but this was an easy day).

SO far 3270 3240 have been really good trend buying zones.
  • #10,874
  • Feb 9, 2012 10:10am Feb 9, 2012 10:10am
Quoting T@rantula
well done. This was a scholastic example of trend following mid/intraday. II have got only 30 pips overall but small size ( i usually dont trade at all during bid rate decision days but this was an easy day).

SO far 3270 3240 have been really good trend buying zones.
Yep
Michael Jordan
Inserted Video
  • #10,875
  • Feb 9, 2012 10:15am Feb 9, 2012 10:15am
Well done m8
Glad for you.
I haven't closed any of my positions but my SL has move to 1.322, so I'll end up in the green anyway.

Today I reloaded at 1.3243 and 1.3275 (SL at 1.327 for both), both still opened (target is 1.3325, missed by 3 pips).

PA wants to go higher. with a little bit of fundies we coudl still see 1.3385 today or tomorrow

Quoting egkid
I will close@3305
Another 60++
total today 120
Still in play 3040 and 3090
I Covered all the lose i got before 2 weeks and got more +++++++++
  • #10,876
  • Feb 9, 2012 10:28am Feb 9, 2012 10:28am
Quoting BrunargarFx
Well done m8
Glad for you.
I haven't closed any of my positions but my SL has move to 1.322, so I'll end up in the green anyway.

Today I reloaded at 1.3243 and 1.3275 (SL at 1.327 for both), both still opened (target is 1.3325, missed by 3 pips).

PA wants to go higher. with a little bit of fundies we coudl still see 1.3385 today or tomorrow
I have day off tomorrow and I'm very very interested to watch PA and how it goes with my plan next 24h
  • #10,877
  • Feb 9, 2012 10:33am Feb 9, 2012 10:33am
What's your SL on your earlier trades?
I have set up mine at 1.322 but thinking about lowering to 321

Quoting egkid
I have day off tomorrow and I'm very very interested to watch PA and how it goes with my plan next 24h
  • #10,878
  • Feb 9, 2012 10:34am Feb 9, 2012 10:34am
Couple of quick trades during and after ECB Press con - buying off recent support levels.

Attached Image (click to enlarge)
Click to Enlarge Name: eu_20120209-rb.gif Size: 23 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eu_20120209-rb-1.gif Size: 20 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eu_20120209-oa-2.gif Size: 36 KB
Follow, don't anticipate.
  • #10,879
  • Feb 9, 2012 10:40am Feb 9, 2012 10:40am
Quoting BrunargarFx
What's your SL on your earlier trades?
I have set up mine at 1.322 but thinking about lowering to 321
Mostly i use mental sl but any way it's as u said 3210
I will close my buy depends on PA behavior anytime next 24H depends on 4h or daily close.

PS:
Watch the zone 3250 - 33
1- one more big spike to up OR 2- Fall hard
I wait 1
  • #10,880
  • Feb 9, 2012 10:41am Feb 9, 2012 10:41am
There is a strong bearisg HD on H1
42 traders viewing now