Spider's Den | Page 611 | Forex Factory

Options

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

Spider's Den

  • #12,201
  • Mar 5, 2012 9:20am Mar 5, 2012 9:20am
Quoting bumapatria
Hey T i think he did the same as the 1.00% and 0.00% levels but he didnt drag the points to the exact low or high but more or less on the same levels.

Am confused but ok...
  • #12,202
  • Mar 5, 2012 9:22am Mar 5, 2012 9:22am
Quoting prashant7
fine i got your point

that is because of urgency dude ok
done .i thought you went on to say to make it to candle close '

ok that red blink line will be drawn to 3160 ok fine
Thanks, lets keep it professional as we can
  • #12,203
  • Mar 5, 2012 9:22am Mar 5, 2012 9:22am
closed EURJPY +31

thanks to Tata for me before about hidden divergence which i never knew about before or had troubel wiht
good confluence for the trade!
Attached Image (click to enlarge)
Click to Enlarge Name: made_+31_pips.png Size: 38 KB
Have I got something on my face, SOLDIER?
  • #12,204
  • Mar 5, 2012 9:29am Mar 5, 2012 9:29am
Quoting bumapatria
closed EURJPY +31

thanks to Tata for me before about hidden divergence which i never knew about before or had troubel wiht
good confluence for the trade!
Good. Dont forget that divergences need confirmation. It should never be played on sight.
  • #12,205
  • Mar 5, 2012 9:31am Mar 5, 2012 9:31am
A little dillema with T and the fibs dragging ...
solved
fibonacci PRICE retracement is reactive to price so as long as the price level is the same but at different points in time it doesnt affect the retracements.

its the same thing buddy
Attached Image (click to enlarge)
Click to Enlarge Name: Fib_1.png Size: 15 KB

Attached Image



just trying to help
Have I got something on my face, SOLDIER?
  • #12,206
  • Mar 5, 2012 9:31am Mar 5, 2012 9:31am
Quoting T@rantula
Good. Dont forget that divergences need confirmation. It should never be played on sight.

of course
Have I got something on my face, SOLDIER?
  • #12,207
  • Mar 5, 2012 9:33am Mar 5, 2012 9:33am
Quoting bumapatria
A little dillema with T and the fibs dragging ...
solved
fibonacci PRICE retracement is reactive to price so as long as the price level is the same but at different points in time it doesnt affect the retracements.
I have never done that nor I have seen that before. I always connect 2 points not the void zones..
  • #12,208
  • Mar 5, 2012 9:38am Mar 5, 2012 9:38am
Quoting T@rantula
I have never done that nor I have seen that before. I always connect 2 points not the void zones..
It is more accurate, yes to connect point to point.
Have I got something on my face, SOLDIER?
  • #12,209
  • Mar 5, 2012 9:39am Mar 5, 2012 9:39am
Quoting bumapatria
closed EURJPY +31

thanks to Tata for me before about hidden divergence which i never knew about before or had troubel wiht
good confluence for the trade!
This bump is turning into a spider Mr T.....

Well done mate

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,210
  • Mar 5, 2012 9:42am Mar 5, 2012 9:42am
Quoting BlackWid0w
This bump is turning into a spider Mr T.....

Well done mate

Regards
BW
thaks for the compliments but that would have to wait. Still baby spider.
funny how u call me Bump btw...
Have I got something on my face, SOLDIER?
  • #12,211
  • Mar 5, 2012 9:49am Mar 5, 2012 9:49am
Quoting bumapatria
thaks for the compliments but that would have to wait. Still baby spider.
funny how u call me Bump btw...
Hhah a hatchling
  • #12,212
  • Mar 5, 2012 9:51am Mar 5, 2012 9:51am
before i take my late supper.. am going to put one last trade. A swing in this case.

The setup is a basic 45 day cycle - harmonic to almost every instrument out there, and with the levels i posted earlier. But what makes it more convincing to me is the 3rd TL touch. it can be seen on this chart. Oscillator Hidden divergence is spotted as well (ima get used to hidden divergences!)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_long.png Size: 42 KB

Another confluence for thsi trade i have is the confirmed bounce of the 0.618 Retracement which can be seen clearly here.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_backing_setup.png Size: 29 KB

In my perspective - the trend is bullish and euro is to see higher prices if 3200 handle Sq9 level holds and the TL as well. 3500 resistance would be my first target.

Till then fellow traders and friends!

11pm time to feast late night dinner LOL
Have I got something on my face, SOLDIER?
  • #12,213
  • Mar 5, 2012 9:55am Mar 5, 2012 9:55am
We are retracing nicely. 3240 here, watch out for 3244
  • #12,214
  • Mar 5, 2012 9:58am Mar 5, 2012 9:58am
Quoting T@rantula
Hhah a hatchling
before i go eat and get myself stuffed
Tata
http://images.nationalgeographic.com...35_600x450.jpg
BW
http://www.tahoetermite.com/images/blackwidow.jpg( i never knew black widows had red marks)

BUmp
http://bugguide.net/images/raw/RRWHY...UHWZ2H3HXH.jpgbaby spider LOL

ok g2g now take care guys!
Have I got something on my face, SOLDIER?
  • #12,215
  • Mar 5, 2012 10:02am Mar 5, 2012 10:02am
Quoting bumapatria
before i take my late supper.. am going to put one last trade. A swing in this case.

The setup is a basic 45 day cycle - harmonic to almost every instrument out there, and with the levels i posted earlier. But what makes it more convincing to me is the 3rd TL touch. it can be seen on this chart. Oscillator Hidden divergence is spotted as well (ima get used to hidden divergences!)
Attachment
Another confluence for thsi trade i have is the confirmed bounce of the 0.618 Retracement which can be seen clearly here.
Attachment
In...
1.35 ur Target
Don't u think ur somehow Excited!!
GL
  • #12,216
  • Mar 5, 2012 10:07am Mar 5, 2012 10:07am
Quoting bumapatria
before i go eat and get myself stuffed
Real stalkers.
  • #12,217
  • Mar 5, 2012 10:09am Mar 5, 2012 10:09am
Ok high was 3442,as always projected highs are good for counter scalps/trades.

Im done for the day. This retracement may go higher.
  • #12,218
  • Mar 5, 2012 10:09am Mar 5, 2012 10:09am
Looks like gold doesn't want to give up - nice rejection from 1695 level so far. I think Euro will follow. Still holding my long at 1.316 from this morning. I'm looking at either break even or break 1.327 level -> 1.333
  • #12,219
  • Mar 5, 2012 10:19am Mar 5, 2012 10:19am
Quoting BrunargarFx
Looks like gold doesn't want to give up - nice rejection from 1695 level so far. I think Euro will follow. Still holding my long at 1.316 from this morning. I'm looking at either break even or break 1.327 level -> 1.333
Everyone trade depends on his TF , MM
If i were u lock my tp@3233
GL
  • #12,220
  • Mar 5, 2012 10:21am Mar 5, 2012 10:21am
Hi egkid,
Thanks - there is also a LTL coming up at 3215 area now. I might bring SL @ 1.321 just to stay in the green (my only trade of the day) if it reverses.

Quoting egkid
Everyone trade depends on his TF , MM
If i were u lock my tp@3233
GL
2 traders viewing now