Spider's Den | Page 563 | Forex Factory

Options

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

Spider's Den

  • #11,241
  • Feb 15, 2012 4:52am Feb 15, 2012 4:52am
banked cherie short for 5 CAC points.

and also bank half eu addon.. more or less just a scalp even though im riding it on a higher short, i just try to scalp in between.

+15 closde half
Attached Image
Have I got something on my face, SOLDIER?
  • #11,242
  • Feb 15, 2012 4:52am Feb 15, 2012 4:52am
Quoting T@rantula
3155 broken.
sitting short for the moment, 3162
closed long for 0.5 pip loss

i hope this will do
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 1502 2.jpg Size: 132 KB
  • #11,243
  • Feb 15, 2012 4:57am Feb 15, 2012 4:57am
Quoting huskyboy
sitting short for the moment, 3162
closed long for 0.5 pip loss

i hope this will do
Dont forget to put ur SL.
  • #11,244
  • Feb 15, 2012 4:59am Feb 15, 2012 4:59am
Quoting T@rantula
Dont forget to put ur SL.
Thanks Mr.T, SL at BE now
  • #11,245
  • Feb 15, 2012 5:18am Feb 15, 2012 5:18am
Quoting T@rantula
Dont forget to put ur SL.
PA Nuts
Can't involve in trade at the moment things not clear
  • #11,246
  • Feb 15, 2012 5:20am Feb 15, 2012 5:20am
Quoting egkid
PA Nuts
Can't involve in trade at the moment things not clear
ya is ranging... down side favoured - 1.3136 then 1.3106 potentially.. but can bounce back up.. i wouldn't want to se this break 1.3194 otherwise we go back to neutral territory.. my point is downside move not yet finished
  • #11,247
  • Feb 15, 2012 5:24am Feb 15, 2012 5:24am
Quoting egkid
PA Nuts
Can't involve in trade at the moment things not clear

Guys im really flat, this PA is unconvincing. 3155 broke then on retest its struggling.

My Counter trade strategy is giving me shorts and Range bar trend strategy giving me longs.

PA is slightly to the short side but it doesnt have any reliable pattern or candlestick formation.
  • #11,248
  • Feb 15, 2012 5:27am Feb 15, 2012 5:27am
picture of EUUD 1 hr chart will look for long trade above weekly ppx..if done dont expect it to go past 3220/30.. as per lines and blue.. reason fibo point>%618 and ext fibo.. 2.50..2.616%..there are some other reasons as well..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 144 KB
  • #11,249
  • Feb 15, 2012 5:30am Feb 15, 2012 5:30am
HI guys .. well hasnt this week in particular been not much fun

Noobs who dream of 'the dream' with day trading should view this market to see how much of a drain it is; really tough stuff both ways.

For EU, we are in a thick band of chop between 1.30 & about 1.32, just pure mess, im mostly on the sidelines.

  • #11,250
  • Feb 15, 2012 5:44am Feb 15, 2012 5:44am
Long Cable at .5696... main reason is i liked pattens on 5 and 15 min chart
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 22 KB
  • #11,251
  • Feb 15, 2012 5:46am Feb 15, 2012 5:46am
Same here, we are in no man's land.
I will wait for a breakout either way.
I still favor upside though - there is a nice bullflag formation on m5.
So I'll long above 1.318 and short below 1.314


Quoting T@rantula
Guys im really flat, this PA is unconvincing. 3155 broke then on retest its struggling.

My Counter trade strategy is giving me shorts and Range bar trend strategy giving me longs.

PA is slightly to the short side but it doesnt have any reliable pattern or candlestick formation.
  • #11,252
  • Feb 15, 2012 5:52am Feb 15, 2012 5:52am
Quoting BrunargarFx
Same here, we are in no man's land.
I will wait for a breakout either way.
I still favor upside though
mid term this should also go up imo.. its interesting, certain levels down below never hit a few weeks back.. I presumed it was super strong bull rally but i expect now its going back to handle unfinished business.. as low at 1.2910 is not out of the question... MID TERM


EDIT: sorry I know I babble on with numbers far away... I am simply talking about numbers we should be aware of.. not necessarily saying it'll get there... but for example 1.3009 has unfinished business
  • #11,253
  • Feb 15, 2012 5:55am Feb 15, 2012 5:55am
Quoting T@rantula
Guys im really flat, this PA is unconvincing. 3155 broke then on retest its struggling.

My Counter trade strategy is giving me shorts and Range bar trend strategy giving me longs.

PA is slightly to the short side but it doesnt have any reliable pattern or candlestick formation.
Can't say more
  • #11,254
  • Feb 15, 2012 6:06am Feb 15, 2012 6:06am
Quoting danc
picture of EUUD 1 hr chart will look for long trade above weekly ppx..if done dont expect it to go past 3220/30.. as per lines and blue.. reason fibo point>%618 and ext fibo.. 2.50..2.616%..there are some other reasons as well..
Hey Dan, exactly 3220 should be the top today, but also...3120 is London projected low. Break of 3120 and we are again on a way to 3080
  • #11,255
  • Feb 15, 2012 6:14am Feb 15, 2012 6:14am
one can squeeze a long for amybe bout 30-50 pips.. moon 120 venus exactly at daily pivot.

not me though
will watch for further progression
Have I got something on my face, SOLDIER?
  • #11,256
  • Feb 15, 2012 6:26am Feb 15, 2012 6:26am
Quoting bumapatria
one can squeeze a long for amybe bout 30-50 pips.. moon 120 venus exactly at daily pivot.

not me though
will watch for further progression
Stuck in a range and slightly biased lower. 3140-3165 range. In this case BPC would be appropriate pattern to play. Mark the range and go with BPC pattern.
  • #11,257
  • Feb 15, 2012 6:54am Feb 15, 2012 6:54am
Quoting jaylovin
mid term this should also go up imo

Well I guess it's all a matter of perspective. We are in a bullish market on erusud right now but if you look at the bigger picture it's just a big retracement. I do not trade the weekly but on said chart we have retraced to the .38 level. We then had a weekly pinbar last week(which I didn't trade) but we haven't broken last weeks low of 3027. I would say that if we get a break below 3000 and then we are back in the downtrend.
  • #11,258
  • Feb 15, 2012 6:57am Feb 15, 2012 6:57am
back home and again S/O at BE of that short at 3162 and look at it now . There's something wrong bout my SL's, definately need to give more space at my trades.
  • #11,259
  • Feb 15, 2012 6:57am Feb 15, 2012 6:57am
up? not in my opinion.

we just broke major support. .. the angle we just broke . basic gann fan theory or methodology if u call it is that it reaches the next for support. and guess what , thats a long way down...

exactly why i dont go long from that aspect earlier


and why i want to ride her down from the 1.33 short
Attached Image (click to enlarge)
Click to Enlarge Name: cleared_sup.png Size: 58 KB
Have I got something on my face, SOLDIER?
  • #11,260
  • Feb 15, 2012 7:09am Feb 15, 2012 7:09am
long at 1.3115.. stops just below 1.31
20 traders viewing now