Daily Chart w/ 10sma | Page 44 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

10sma on Weekly Chart System 40 replies

Trading with a 10SMA 4 replies

What is the difference between an "interday" chart and "intraday" chart? 2 replies

1 bar in 1H chart = how many bar in 5min chart? 3 replies

gbpjpy tick chart difference with 5m chart 0 replies

Attachments: Daily Chart w/ 10sma
Exit Attachments

Daily Chart w/ 10sma

  • #861
  • Mar 11, 2012 6:06am Mar 11, 2012 6:06am
Hello Traders

Isn't it a 2nd chance on pull back down/up from 10MA... for EUR, GBP, NZ, AUD & CHF?

I wish it were the same on gold, silver & CAD... so that to show the "full" strength on USD... let's see.

BTW U/J is running fast to north from 10MA. Will she continue?

Your thoughts/comments?

Happy Pipping for the coming week
Attached Image (click to enlarge)
Click to Enlarge Name: eur2.gif Size: 20 KB
  • #862
  • Mar 11, 2012 6:15am Mar 11, 2012 6:15am
WOW! Pin Bars appeared on YEN

Are yen continuing her journey to north?

bkg, can 10sma apply to weekly chart?
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 20 KB
  • #863
  • Mar 11, 2012 7:35am Mar 11, 2012 7:35am
We are heading south imo, USD index screaming towards 81/82 level,
Attached Image (click to enlarge)
Click to Enlarge Name: eur2.gif Size: 29 KB
swing it!
  • #864
  • Mar 11, 2012 8:19am Mar 11, 2012 8:19am
Quoting tomspin
We are heading south imo, USD index screaming towards 81/82 level,
if usd strong, but i find (in confusion) gold, silver and usd/cad showing usd not strong, thus is it indicating where would the strength of usd be headed then in this week... ?!
  • #865
  • Edited 8:59am Mar 11, 2012 8:37am | Edited 8:59am
Quoting sniperfxmy
if usd strong, but i find (in confusion) gold, silver and usd/cad showing usd not strong, thus is it indicating where would the strength of usd be headed then in this week... ?!
There were quite good data from US last week, Greece have defaulted, I don't believe in gold atm with all those printed trillions in the market it should be at 2000$ level already, why it isn't? I have no idea so unless Helicopter Ben will come up with QE3(unlikley atm) Dollar will only get stronger. USD/JPY rally is the dream come true situationn for Jap economy I will buy some on monday

have a look
Attached Image (click to enlarge)
Click to Enlarge Name: weekly eur usd new.gif Size: 28 KB
swing it!
  • #866
  • Mar 11, 2012 9:31am Mar 11, 2012 9:31am
Just come across this thread - looks good
  • #867
  • Mar 12, 2012 5:53am Mar 12, 2012 5:53am
Hi All,

Looks like a slow start to the week.

Can't find any setups.

BKG, do you have your eye on any potentials?

Cheers,
Miike
  • #868
  • Mar 12, 2012 7:38am Mar 12, 2012 7:38am
I got one: Short AUDNZD (just took the trade).

Pls see the attached chart
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD.jpg Size: 519 KB
  • #869
  • Mar 12, 2012 7:56am Mar 12, 2012 7:56am
Took a short on the AUD/USD today. 50 pips profit on that trade at the moment. Also took a short on the NZD/USD. 25 pips profit on that trade.

Reasons for trades:

AUD: Bearish engulfing candle on close of weekend. Opened below candle this week and also passed the recent low which gave further validation.
NZD: Strong correlation to the AUD. Breakout, pull-back set up last week. Opened below the candle this week.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 18 KB
Click to Enlarge Name: nzdusd.gif Size: 17 KB
  • #870
  • Mar 12, 2012 7:59am Mar 12, 2012 7:59am
Quoting xTrammer
Took a short on the AUD/USD today. 50 pips profit on that trade at the moment. Also took a short on the NZD/USD. 25 pips profit on that trade.

Reasons for trades:

AUD: Bearish engulfing candle on close of weekend. Opened below candle this week and also passed the recent low which gave further validation.
NZD: Strong correlation to the AUD. Breakout, pull-back set up last week. Opened below the candle this week.
Same here mate well done. AUD/CHF looking good atm +45 what is your TP on AUD/USD? I have got 1,0370 on my mind but hoping for further drop

update see your tp now thx
Tom
swing it!
  • #871
  • Mar 12, 2012 8:06am Mar 12, 2012 8:06am
Quoting tomspin
Same here mate well done. AUD/CHF looking good atm +45 what is your TP on AUD/USD? I have got 1,0370 on my mind but hoping for further drop

update see your tp now thx
Tom
I'm looking at around 1.0350. Might be some resistance there due to the 200sma. See how we go.
  • #872
  • Mar 12, 2012 10:03am Mar 12, 2012 10:03am
Quoting miike
Hi All,

Looks like a slow start to the week.

Can't find any setups.

BKG, do you have your eye on any potentials?

Cheers,
Miike
tom gave a good comment in replying to my posts yesterday.
good calls, xtram.

tom r u shorting oz/chf? } wow!
jmp you short oz/nz? }

maybe today is quite due to no news announcements.
i would like to see oz, nz, gbp, eur going south to show the strength of usd.

don't worry, mike... opportunities are plenty to come...
watch out for gold and silver if both turn south upon candle closing today

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 30 KB
  • #873
  • Mar 12, 2012 10:14am Mar 12, 2012 10:14am
bkg
u r quiet?
may this mssg find u in gr8 trading spirits!
cheers
  • #874
  • Mar 12, 2012 10:45am Mar 12, 2012 10:45am
Quoting sniperfxmy

tom r u shorting oz/chf? } wow!
jmp you short oz/nz? }
hello mate yes I am I also add cad/chf as I like how it looks like atm
DO NOT JUMP on Aud/chf falling cat making his bounce atm very strong sup at 0,9627 if it goes trough it you may jump on train, there are extra pips till 0,9558
I would wait with everything till Fed budget ballance.
I started trade explorer last night its free to see for everybody it is more less my live acc ugly twin sister and I make moves almost the same way.
I also wish to hear from Bkg were are you sir???
Good Luck everybody
Tom
Attached Image (click to enlarge)
Click to Enlarge Name: aud chf.gif Size: 36 KB
swing it!
  • #875
  • Mar 12, 2012 10:56am Mar 12, 2012 10:56am
Quoting sniperfxmy
jmp you short oz/nz? }
I would not, it is better and safer to wait till hit 1,2770 and grab a larger move up or down. Atm price is too far from res so better wait
Tom
swing it!
  • #876
  • Mar 12, 2012 12:02pm Mar 12, 2012 12:02pm
Quoting tomspin
hello mate yes I am I also add cad/chf as I like how it looks like atm
DO NOT JUMP on Aud/chf falling cat making his bounce atm very strong sup at 0,9627 if it goes trough it you may jump on train, there are extra pips till 0,9558
I would wait with everything till Fed budget ballance.
I started trade explorer last night its free to see for everybody it is more less my live acc ugly twin sister and I make moves almost the same way.
I also wish to hear from Bkg were are you sir???
Good Luck everybody
Tom
hi tom

u r from Poland... no wonder u trade many exotic pairs.

i see your daily chart and notice you have 2 candlesticks opened every Monday... starting with 1st one as circled being "one-hour" candlestick. this explains why you short oz/chf today after this "one-hour" candlestick closed under 10 sma.

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: aud chf.gif Size: 195 KB
  • #877
  • Mar 12, 2012 12:22pm Mar 12, 2012 12:22pm
Quoting sniperfxmy
hi tom

u r from Poland... no wonder u trade many exotic pairs.

i see your daily chart and notice you have 2 candlesticks opened every Monday... starting with 1st one as circled being "one-hour" candlestick. this explains why you short oz/chf today after this "one-hour" candlestick closed under 10 sma.

cheers

Spot on! as I said before res & sup + candle formations in ranging market is a winner. That's why I took CAD/CHF today. However I would strongly suggest to wait until daily candle close under 10 SMA and we are not far away from that moment.
I don't know like everybody else but I found EUR/USD pair as fair the hardest to trade maybe because of volatility ?
Tom
Attached Image (click to enlarge)
Click to Enlarge Name: cad chf.gif Size: 35 KB
swing it!
  • #878
  • Mar 12, 2012 6:46pm Mar 12, 2012 6:46pm
Quoting sniperfxmy
jmp you short oz/nz? }
Yup, as stated & posted before
  • #879
  • Mar 12, 2012 7:42pm Mar 12, 2012 7:42pm
i believe bk is gone ..could not take all the off topic posters . what a shame ...he ask us to only post issues on the 10 sma system................
  • #880
  • Mar 12, 2012 7:58pm Mar 12, 2012 7:58pm
Quoting Texan
i believe bk is gone ..could not take all the off topic posters . what a shame ...he ask us to only post issues on the 10 sma system................
Guys,

Lets get back on topic here...then maybe BKG will return.

Remember this is a system and thread dedicated to the BKG 10SMA method, so lets respect that!

I've attached 2 charts.

UCAD - Is ranging, may be a valid signal on the next daily close for a long.

UCHF - Is ranging and forming a head and shoulders pattern, if the resistance is held, will be a valid entry on the daily closing below the 10SMA off this resistance.

Haven't got time to analyse any others.

Cheers,
Miike
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UC.jpg Size: 77 KB
Click to Enlarge Name: UCHF.jpg Size: 74 KB
1 trader viewing now