Spider's Den | Page 546 | Forex Factory

Options

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

Spider's Den

  • #10,901
  • Feb 10, 2012 1:49am Feb 10, 2012 1:49am
Quoting T@rantula
Hello guys here is the level count for London session:

Attachment
PA under median Point , Looks like bears in control for now
I Locked ++ till things looks more clear for me or see nice chance

http://www.fxstreet.com/fundamental/...2012/02/09/03/
  • #10,902
  • Feb 10, 2012 2:01am Feb 10, 2012 2:01am
Quoting egkid
PA under median Point , Looks like bears in control for now
I Locked ++ till things looks more clear for me or see nice chance

http://www.fxstreet.com/fundamental/...2012/02/09/03/
Yes and this would be a good chance for a retracement to the downside else I expect range play.
  • #10,903
  • Feb 10, 2012 2:09am Feb 10, 2012 2:09am
CLosed my L positions with the view to reload lower, close to 500pips for this week. One of my best ever. May be I'll finally break even this year....

I have a SHort at 1.3275 (SL at BE) and hoping to close at 1.3135 - 1.317. Will be watching 1.3225 area closely.

I need to time my next Long as well as possible
  • #10,904
  • Feb 10, 2012 2:13am Feb 10, 2012 2:13am
Quoting BrunargarFx
CLosed my L positions with the view to reload lower, close to 500pips for this week. One of my best ever. May be I'll finally break even this year....

I have a SHort at 1.3275 (SL at BE) and hoping to close at 1.3135 - 1.317. Will be watching 1.3225 area closely.

I need to time my next Long as well as possible
BE with 500 pips win? How much was the loss m8?
  • #10,905
  • Feb 10, 2012 2:14am Feb 10, 2012 2:14am
HEY everyone!

i did get stopped out on earleir short -30.. on prev post.

.. but heres my current one. i decided to enter after seeing eurx at a good position on daily charrt

first pic is entry and 2nd is the EURO index chart which looks incredibly tasty for a long term short. if u see the old support and the upmove as a pullback - and possible resistance forming... its exceptional. also the cycle i made is showing a possible drop on the fanline that has been capping all upmoves on euro. the 1x1 line - line that balances price and time. it can deviate a little herea and there.. but a bounce play is safer - aka short eurusd.




Attached Image (click to enlarge)
Click to Enlarge Name: let you go.gif Size: 30 KB

Attached Image (click to enlarge)
Click to Enlarge Name: dinner.png Size: 51 KB
Have I got something on my face, SOLDIER?
  • #10,906
  • Feb 10, 2012 2:22am Feb 10, 2012 2:22am
I was referring about the loss since I started trading
My first year was.. very tough ) loss was about 30K in total
It's been over 3 years now and I really started making money last year. So I have to get more weeks like this one to break even but I'm getting closer


Quoting T@rantula
BE with 500 pips win? How much was the loss m8?
  • #10,907
  • Feb 10, 2012 2:23am Feb 10, 2012 2:23am
Quoting Kambooj
Although in previous posts I was suspecting a strong down move, but due to hesitation one last possibility remains and its a important one that caught my eyes.

Here we go...
Looks like this view going to happen.
Otherwise 15 min close above 3275 that mean on my 15 min TF rejection to go down.
I watch
  • #10,908
  • Feb 10, 2012 2:26am Feb 10, 2012 2:26am
Quoting bumapatria
HEY everyone!

i did get stopped out on earleir short -30.. on prev post.

.. but heres my current one. i decided to enter after seeing eurx at a good position on daily charrt

Attachment
Attachment
Nice explanation, we may have shorts here and we may be forming a retracement, but mid term shorts need to be capped ideally below 3233.
  • #10,909
  • Feb 10, 2012 2:26am Feb 10, 2012 2:26am
Quoting Ian
Hi P, It's CII not CCI, standard settings, they're 5 pip bars.
thanks
I'm indeed a talking panda. How are you?
  • #10,910
  • Feb 10, 2012 2:28am Feb 10, 2012 2:28am
Quoting egkid
Looks like this view going to happen.
Otherwise 15 min close above 3275 that mean on my 15 min TF rejection to go down.
I watch
It might be mate,that scenario doesnt cap 3233 it rejects it after the retracement. So its possible.
  • #10,911
  • Feb 10, 2012 2:40am Feb 10, 2012 2:40am
Quoting T@rantula
It might be mate,that scenario doesnt cap 3233 it rejects it after the retracement. So its possible.
I wait this 1H close then i will make my move
Looks like 100 pip down from here 3260
  • #10,912
  • Feb 10, 2012 2:46am Feb 10, 2012 2:46am
Good Morning all,

I am now planning to join the bear camp...waiting for a rejection spike.
I wish to see a big stop spike and will short the spikes 333 is the magic number for my stops lets see...

Currently also waiting for a 100 point drop from these levels...Egkid

Have a nice day

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #10,913
  • Feb 10, 2012 2:51am Feb 10, 2012 2:51am
Quoting BlackWid0w
Good Morning all,

I am now planning to join the bear camp...waiting for a rejection spike.
I wish to see a big stop spike and will short the spikes 333 is the magic number for my stops lets see...

Currently also waiting for a 100 point drop from these levels...Egkid

Have a nice day

Regards
BW
i think the stops are already hunted... 3300 was hit and 20 was reached... not the best stop triggering event ever... but thats what ithink
i did have earlier fade around the 15s but it was hit on BE+1.



heres the bear army. dont fight it
http://cutetastic.com/wp-content/upl...r-bear-cub.jpg
Have I got something on my face, SOLDIER?
  • #10,914
  • Feb 10, 2012 2:56am Feb 10, 2012 2:56am
The rejection at 3315...
The Issue I have with this rejection is that it was not a classic rejection.
What I mean by this is price could fall no doubt..but a mommentum spike is what I prefer and a 50 or 60 pips rejection..i dont like it when price hangs around a rejection point by around 40 pips...I seem to feel market still has something left to do...

Good Luck on your trades

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #10,915
  • Feb 10, 2012 3:00am Feb 10, 2012 3:00am
Quoting egkid
Looks like this view going to happen.
Otherwise 15 min close above 3275 that mean on my 15 min TF rejection to go down.
I watch
Strange and tricky was going to sell BUT 15 min , 1h , my 4h close @ 3275
That mess my plan So I'm sideline watching!!!
  • #10,916
  • Feb 10, 2012 3:02am Feb 10, 2012 3:02am
Quoting BlackWid0w
The rejection at 3315...
The Issue I have with this rejection is that it was not a classic rejection.
What I mean by this is price could fall no doubt..but a mommentum spike is what I prefer and a 50 or 60 pips rejection..i dont like it when price hangs around a rejection point by around 40 pips...I seem to feel market still has something left to do...

Good Luck on your trades

Regards
BW
true. not the best either. glad to hear ur view on the situation
thanks BW

take care!
Have I got something on my face, SOLDIER?
  • #10,917
  • Feb 10, 2012 3:04am Feb 10, 2012 3:04am
Here is what I am seeing

Regards
BW
Attached Image (click to enlarge)
Click to Enlarge Name: euronew.gif Size: 20 KB
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #10,918
  • Feb 10, 2012 3:06am Feb 10, 2012 3:06am
S/O @ BE,
Reloaded S at 1.3275 (I have to be away from computer for 30mins), SL: 1.333 to be moved to BE asap
I agree with your views.
I have rejection at 1.3321, did not manage to break through a monthly Res so it will need more momentum to do so. Currently eyeballing 1.3135 - 1.317 but expecting some bounce around 1.3225


Quoting BlackWid0w
The rejection at 3315...
The Issue I have with this rejection is that it was not a classic rejection.
What I mean by this is price could fall no doubt..but a mommentum spike is what I prefer and a 50 or 60 pips rejection..i dont like it when price hangs around a rejection point by around 40 pips...I seem to feel market still has something left to do...

Good Luck on your trades

Regards
BW
  • #10,919
  • Feb 10, 2012 3:06am Feb 10, 2012 3:06am
wish i scalped it just for a hedge to make some from the retrace...

but i think its just a pullback. RSI diverged on the upmove - but not on the downmove.

just something i observed
Attached Image (click to enlarge)
Click to Enlarge Name: go.gif Size: 23 KB
Have I got something on my face, SOLDIER?
  • #10,920
  • Feb 10, 2012 3:07am Feb 10, 2012 3:07am
Yes indeed PA looks a bit tricky as BW said it just feels as something more have been left..3330?

If they want to tank the price lower, now its the right time.
10 traders viewing now