Spider's Den | Page 553 | Forex Factory

Options

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

Spider's Den

  • #11,041
  • Feb 13, 2012 4:51am Feb 13, 2012 4:51am
Quoting huskyboy
entered on first break of tl 3262 sl 3248
From a technical standpoint, that is an excellent entry and SL.
  • #11,042
  • Feb 13, 2012 4:54am Feb 13, 2012 4:54am
Quoting jaylovin
shampoo?
More like ranging until NY at least. DAX and FTSE are bouncing between 10-70 points up and down ever since the opening. Normal Monday if you ask me, good for scalping so far tho.
Don't get mad, get even!
  • #11,043
  • Feb 13, 2012 4:57am Feb 13, 2012 4:57am
Quoting jaylovin
shampoo?

Quoting stulic
More like ranging until NY at least. DAX and FTSE are bouncing between 10-70 points up and down ever since the opening. Normal Monday if you ask me, good for scalping so far tho.
Exactly. Scalping on dips. Projected levels put EU in the range, with upside favoured as long as 3250 holds.
  • #11,044
  • Feb 13, 2012 5:00am Feb 13, 2012 5:00am
Simple, noise free.

Momentum shift and trend following. Easy to understand.

Attached Image (click to enlarge)
Click to Enlarge Name: e2.jpg Size: 83 KB
  • #11,045
  • Feb 13, 2012 5:14am Feb 13, 2012 5:14am
Quoting T@rantula
3290 should be London top. NY LO Cross session might be buy on dips.I see a potential drop to 3200 in case 3255-50 gets broken. Stops should be on BE or 30 pips far from momentum shift ( around 3290).
It will brother.
Excellent work u doing here T
  • #11,046
  • Feb 13, 2012 5:17am Feb 13, 2012 5:17am
Quoting egkid
It will brother.
Excellent work u doing here T
And im glad i have all of you trading with me. Couldnt do it without you- Denizens of the Den
  • #11,047
  • Feb 13, 2012 5:18am Feb 13, 2012 5:18am
Italy had massive troubles selling their T-bills just then, now they're blaming technical problems during the auction
Don't get mad, get even!
  • #11,048
  • Feb 13, 2012 5:21am Feb 13, 2012 5:21am
Quoting T@rantula
And im glad i have all of you trading with me. Couldnt do it without you- Denizens of the Den


This is were we say it as a team work and job well done by a team leader also
finding A M S
  • #11,049
  • Feb 13, 2012 5:24am Feb 13, 2012 5:24am
Quoting prashant7
This is were we say it as a team work and job well done by a team leader also
All for one, one for all



Quoting stulic
Italy had massive troubles selling their T-bills just then, now they're blaming technical problems during the auction
LOL, who's lying this time?
  • #11,050
  • Feb 13, 2012 5:29am Feb 13, 2012 5:29am
Quoting T@rantula
All for one, one for all





LOL, who's lying this time?
LOL dunno, they're "looking into it to determine the source of the problem"
Wasn't visible on the charts tho except EUR/GBP dropping some 15 pips.
Don't get mad, get even!
  • #11,051
  • Feb 13, 2012 5:32am Feb 13, 2012 5:32am
Quoting stulic
LOL dunno, they're "looking into it to determine the source of the problem"
Wasn't visible on the charts tho except EUR/GBP dropping some 15 pips.
EU also started falling but again held at 55. Now I feel like im trading pre NFP movement. Low volatility.
  • #11,052
  • Feb 13, 2012 5:39am Feb 13, 2012 5:39am
Quoting T@rantula
EU also started falling but again held at 55. Now I feel like im trading pre NFP movement. Low volatility.
Low volume too, looks like most of the volume comes from bots scalping.
Stories like these are always nice when thrown in such a dull enviroment to shake things up a bit

Quote
A technical problem may have negatively affected Italy's auction of 12-month treasury bills, the Bank of Italy said Monday.

The bid-to-cover ratio of only 1.09 on Monday morning auction was "not particularly brilliant", but a wave of orders arrived after the 1000 GMT deadline for bids, a central bank spokesperson said.

A probe has been launched to ascertain the source of the problem.

The apparent glitch didn't prevent Italy from selling a planned EUR8.5 billion in 12-month T-bills and a further EUE3.5 billion in flexible bills, and...
Don't get mad, get even!
  • #11,053
  • Feb 13, 2012 5:40am Feb 13, 2012 5:40am
Quoting stulic
Stories like these are always nice when thrown in such a dull enviroment to shake things up a bit
Exactly. Shake and stir.
  • #11,054
  • Feb 13, 2012 5:50am Feb 13, 2012 5:50am
That's right, NY will shake and stir

Until then, how do you feel about a missed good entry like this one of mine from Friday?
Bloody 800hr EMA, price hasn't been nowhere near there since November last year, missed the massive pending short by 8 pips, later entered small position manually and closed this morning.

Of course no trade is always better then a losing trade, but everybody has it's own way of dealing with missed opportunities to make sure they don't affect your strategy and future calls, especially important for traders who do all four, swing, position, day and full on scalping.
Attached Image (click to enlarge)
Click to Enlarge Name: ea130212a.gif Size: 28 KB
Don't get mad, get even!
  • #11,055
  • Feb 13, 2012 6:03am Feb 13, 2012 6:03am
Quoting stulic
That's right, NY will shake and stir

Until then, how do you feel about a missed good entry like this one of mine from Friday?
Bloody 800hr EMA, price hasn't been nowhere near there since November last year, missed the massive pending short by 8 pips, later entered small position manually and closed this morning.

Of course no trade is always better then a losing trade, but everybody has it's own way of dealing with missed opportunities to make sure they don't affect your strategy and future calls, especially important for traders who do...
I understand you. Not only it is better then a losing trade, sometimes having no position is same as having an opened profitable position.

I personally dont regret if I miss the opportunity as I have a personally developed way of trading. Being a daytrader usually there are many opportunities during the day. But I dont exploit them all. My trading is compounding based. When I get to my profit level, I stop for that day, no matter the opportunities.
  • #11,056
  • Feb 13, 2012 6:07am Feb 13, 2012 6:07am
3250 broken. We should have a momentum switch on retest. 3220 in play first then 3200 possible.
  • #11,057
  • Feb 13, 2012 6:07am Feb 13, 2012 6:07am
i still have that short open... next stalling point 1.3224 - S1
  • #11,058
  • Feb 13, 2012 6:11am Feb 13, 2012 6:11am
Retest in play! Dont short it w/o confirmation.
  • #11,059
  • Feb 13, 2012 6:19am Feb 13, 2012 6:19am
Quoting T@rantula
Retest in play! Dont short it w/o confirmation.

not from here... i expect it to rise probably to 1.3263... i've taken half off the table... rest at b/e so its been a winning trade already.. sorry forgot to mention i have another level at 1.3243 - saw that one a bit late...
  • #11,060
  • Feb 13, 2012 6:20am Feb 13, 2012 6:20am
Quoting T@rantula
Retest in play! Dont short it w/o confirmation.
Attached Image (click to enlarge)
Click to Enlarge Name: e33.jpg Size: 55 KB

Low of 3242 needs to break. If it jumps to 3260, retested failed, so the trade is not valid. Watch 3242 break, BPC valid if it breaks.
51 traders viewing now