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  • #11,701
  • Feb 23, 2012 3:04am Feb 23, 2012 3:04am
Quoting T@rantula
Good German numbers, it will break it.
Quoting T@rantula
If the news in 30m come strong we might expect further bullish action and probable test and break of 3320.
Done. Another Long, hit the target.

Attached Image (click to enlarge)
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  • #11,702
  • Feb 23, 2012 3:06am Feb 23, 2012 3:06am
Quoting egkid
Where 1H will close?Up or down this line
Any way let's c if W will work out or not
Hope the chart are clear
W has been valid. Those "retail gaps"...I personally never trade those. The shorts who have traded so called "gaps" have been killed .

My advice is to forget about "gaps".
  • #11,703
  • Feb 23, 2012 3:08am Feb 23, 2012 3:08am
Quoting T@rantula
Done. Another Long, hit the target.

Attachment
great to see how 3297 broke, test 3305, retest 3297 and off she went
  • #11,704
  • Feb 23, 2012 3:12am Feb 23, 2012 3:12am
Quoting huskyboy
great to see how 3297 broke, test 3305, retest 3297 and off she went
Thats how range bars filter the noise. Helping with breakouts a lot.
  • #11,705
  • Feb 23, 2012 3:20am Feb 23, 2012 3:20am
Quoting T@rantula
W has been valid. Those "retail gaps"...I personally never trade those. The shorts who have traded so called "gaps" have been killed .

My advice is to forget about "gaps".
W not valid in my view because 1h closed up the line on my chart , Any way i will wait to sell higher
i know how to play the gap very well ,just remember it and later we will c
  • #11,706
  • Feb 23, 2012 3:37am Feb 23, 2012 3:37am
Quoting T@rantula
Thats how range bars filter the noise. Helping with breakouts a lot.
hey T

What is your rangebar setting, sorry if Ive missed it somewhere

Thanks
  • #11,707
  • Feb 23, 2012 3:43am Feb 23, 2012 3:43am
playing the outbreak, long @ 3222 sl be, tp 3245
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 2302 2.png Size: 53 KB
  • #11,708
  • Feb 23, 2012 3:43am Feb 23, 2012 3:43am
Quoting egkid
W not valid in my view because 1h closed up the line on my chart , Any way i will wait to sell higher
i know how to play the gap very well ,just remember it and later we will c
Here simple naked range bar chart.

There is major W 1 2 3 reversal pattern and sub W a b c which was formed during the acculmulation phase in Asia

I have marked 3 main phases of a market cycle. Yesterday when I talked to Black Widow I said this is horrible....but this is CALM BEFORE THE STORM.

The market has prepared for cycle 1-accumulation.

Four main market phases ( market cycle) 1. accumulation 2.markup 3. distribution 4.markdown

If u remember 3200 was the end of previous market cycle . The new market cycle has started ( explained in the chart).

Its hard to see with traditional candlestick formation, but thats it.

Attached Image (click to enlarge)
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As for the "gaps", many traders short the "gap" on sight. That will kill them. As i said good german numbers will break 3320. Those who shorted " retail gap" on Sunday made a big mistake.
  • #11,709
  • Feb 23, 2012 3:49am Feb 23, 2012 3:49am
Quoting huskyboy
playing the outbreak, long @ 3222 sl be, tp 3245
Well done!
  • #11,710
  • Feb 23, 2012 4:05am Feb 23, 2012 4:05am
Quoting BlackWid0w
The charts explains all the visible entries on the euro...

Currently once the bullish wedge has broken dont try and short.My channel upper tl for wedge is 1.32300 which I have shown in the current chart ..
Play the wedge to each of the trendlines...

Will post the trades if I get time

FIGURES:
UPPER TL :1.3230 LOWER TL :1.3180-These are for bullish wedge sl 15 pips only unless you are trying to swing.
UPPER TL :1.3360 [b][color=Red]LOWER TL :1.3155 -These are for broadening triangle.
GAP FILL:...
A Follow up on my trade from 1.3145 +170 pips booked on this trade
A Confirmed trade
Regards
BW
Attached Image (click to enlarge)
Click to Enlarge Name: euro buy trade.gif Size: 218 KB
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #11,711
  • Feb 23, 2012 4:07am Feb 23, 2012 4:07am
Quoting T@rantula
Well done!
no, tp too high i guess, i had 3333, 3340 and 3345 but it only went to 3340 so out be. Wel i tried but didn't handle well.

no more longs for me, bearish divergence m2 and it seems its making a hidden bullish the same time
  • #11,712
  • Feb 23, 2012 4:09am Feb 23, 2012 4:09am
Quoting huskyboy
no, tp too high i guess, i had 3333, 3340 and 3345 but it only went to 3345 so out be. Wel i tried but didn't handle well.

no more longs for me, bearish divergence m2 and it seems its making a hidden bullish the same time
havent u booked ur profits at 3345? U said ur tp was 3345
  • #11,713
  • Feb 23, 2012 4:10am Feb 23, 2012 4:10am
Quoting BlackWid0w
A Follow up on my trade from 1.3145 +170 pips booked on this trade
A Confirmed trade
Regards
BW
  • #11,714
  • Feb 23, 2012 4:11am Feb 23, 2012 4:11am
Quoting T@rantula
havent u booked ur profits at 3345? U said ur tp was 3345
never touched 3345, that was a typo tp was indeed at 3345
  • #11,715
  • Feb 23, 2012 4:30am Feb 23, 2012 4:30am
Quoting huskyboy
never touched 3345, that was a typo tp was indeed at 3345
My platform had a high 33435, other showed 33445
  • #11,716
  • Edited 4:45am Feb 23, 2012 4:34am | Edited 4:45am
Quoting T@rantula
My platform had a high 33435, other showed 33445
out be, but not completely without pips
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  • #11,717
  • Feb 23, 2012 4:47am Feb 23, 2012 4:47am
Quoting huskyboy
out be, but not completely without pips
Aw, your tp missed by 0.5 pips...
  • #11,718
  • Feb 23, 2012 4:58am Feb 23, 2012 4:58am
Quoting BlackWid0w
A Follow up on my trade from 1.3145 +170 pips booked on this trade
A Confirmed trade
Regards
BW
Well done, excellent carry over trade
  • #11,719
  • Feb 23, 2012 5:05am Feb 23, 2012 5:05am
if 3330 holds 3250 is possible.

Im selling

E:3307
S:3330
TP:3250
  • #11,720
  • Feb 23, 2012 5:10am Feb 23, 2012 5:10am
Quoting T@rantula
if 3330 holds 3250 is possible.

Im selling

E:3307
S:3330
TP:3250


Attached Image (click to enlarge)
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Will manage the trade accordingly.
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