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Spider's Den

  • #12,681
  • Mar 12, 2012 9:31am Mar 12, 2012 9:31am
Back home
  • #12,682
  • Mar 12, 2012 9:33am Mar 12, 2012 9:33am
Back
S/O: - 24x2

I should have waited - I'm the only one to blame
Waiting for DPP now


Quoting BrunargarFx
Re-entered 2 positions short @ 1.3116. Did not bother to post because after the fact. We are ranging within a Pennant on M5 + H&S forming within pennant.
Still looking/waiting for break of 1.31. Gold may be leading the way.
Target : 1.3020
SL: 1.314 but I'm likely to bring it to BE asap
  • #12,683
  • Mar 12, 2012 11:24am Mar 12, 2012 11:24am
We are clearly trading within a channel here. I'm still favouring the bearflag scenario and will be looking at shorting this around 1.3165 - 1.317 with SL above res @ 1.3185.

B.
  • #12,684
  • Mar 12, 2012 12:07pm Mar 12, 2012 12:07pm
Quoting BrunargarFx
We are clearly trading within a channel here. I'm still favouring the bearflag scenario and will be looking at shorting this around 1.3165 - 1.317 with SL above res @ 1.3185.

B.
  • #12,685
  • Mar 12, 2012 12:16pm Mar 12, 2012 12:16pm
I'm starting to have itchy fingers because 1.3156 was a good resistance before.
However, PA still suggests we'll go higher.

Hope to see some distribution soon because I don't want to rely on pending order for this trade and may not be able to be around when/if we reach these levels.

I would also dislike seeing the price skyrocketting.
Are you still holding your long T?


Quoting T@rantula
  • #12,686
  • Mar 12, 2012 3:32pm Mar 12, 2012 3:32pm
4 hr USD index..Posted this chart yerday.. 1 day later would suggest lower ground to me.. clear div now on three indicators.. the pink channel above hi.. is weekly 50% and in band between 8012 and 8035 there are quite a few pivots.. year month and week.. also a 200% fibo ext range so to my way of thinking.. must close above 35 for confident shorts..I will be looking for EU long trades.. EUindex is in assention mode.. all just my opn of course..
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.gif Size: 43 KB
  • #12,687
  • Mar 12, 2012 4:44pm Mar 12, 2012 4:44pm
Quoting BrunargarFx
I'm starting to have itchy fingers because 1.3156 was a good resistance before.
However, PA still suggests we'll go higher.

Hope to see some distribution soon because I don't want to rely on pending order for this trade and may not be able to be around when/if we reach these levels.

I would also dislike seeing the price skyrocketting.
Are you still holding your long T?
Hey B, I closed it completely at 60. Also if u remember I got a pending sell which i have closed for some 4 pipper as I wont hold it during Asia..Expect next analysis tomorrow morning.
  • #12,688
  • Mar 12, 2012 5:28pm Mar 12, 2012 5:28pm
Quoting danc
4 hr USD index..Posted this chart yerday.. 1 day later would suggest lower ground to me.. clear div now on three indicators.. the pink channel above hi.. is weekly 50% and in band between 8012 and 8035 there are quite a few pivots.. year month and week.. also a 200% fibo ext range so to my way of thinking.. must close above 35 for confident shorts..I will be looking for EU long trades.. EUindex is in assention mode.. all just my opn of course..
you got voucher. nice charts
looking for investors . pm me
  • #12,689
  • Mar 12, 2012 7:15pm Mar 12, 2012 7:15pm
Quoting kbmoonshinex
you got voucher. nice charts
Thank.. You
  • #12,690
  • Edited 8:09pm Mar 12, 2012 7:52pm | Edited 8:09pm
Short the Euro at 13175.. reasons and chart later..basicly revolvs around USD index PPX and same same Euro
  • #12,691
  • Mar 12, 2012 8:38pm Mar 12, 2012 8:38pm
Quoting danc
Short the Euro at 13175.. reasons and chart later..basicly revolvs around USD index PPX and same same Euro
Changed my mind out minus..4 points
NMite still short will watch price chart action.....
  • #12,692
  • Mar 12, 2012 9:24pm Mar 12, 2012 9:24pm
Hi Danc.

Yes, If you are correct with USDX, then Long on Euro could be the way to go. I also have a bullish pennant forming on daily, but only a break of 1.3225 would confirm the bullish bias.

We've been bordering the UTL of what is still the bearflag that started yesterday and also 50% retracement (1.3185), so technically a good place to put a short indeed but I'll prefer to see a break of 317 to enter a short. Above it is bull territory.

Too tired to trade atm, I'll be back @ LO. Trade safe





Quoting danc
Changed my mind out minus..4 points
NMite still short will watch price chart action.....
  • #12,693
  • Mar 12, 2012 10:57pm Mar 12, 2012 10:57pm
Quoting BrunargarFx
Hi Danc.

Yes, If you are correct with USDX, then Long on Euro could be the way to go. I also have a bullish pennant forming on daily, but only a break of 1.3225 would confirm the bullish bias.

We've been bordering the UTL of what is still the bearflag that started yesterday and also 50% retracement (1.3185), so technically a good place to put a short indeed but I'll prefer to see a break of 317 to enter a short. Above it is bull territory.

Too tired to trade atm, I'll be back @ LO. Trade safe
Brun what u ate saying would prob tye in with break of 8035 on Index..
  • #12,694
  • Mar 12, 2012 11:03pm Mar 12, 2012 11:03pm
EUUD.. now short at 13169.. reason is because of realtionship between..UDindex and week PPX point and a 50% point..Euro Index and 50% point and week pivot 38% point and Euro 50% point and weekly PPX... i was worried because the EUUD went 20 points throu week PPX point..a lot of other factors 2.. quads ext ranges.. the hi in EU went 144.. by 91.68.. Sq of.. etc etc.. certainly not totaly sure of this as all ways..
  • #12,695
  • Mar 13, 2012 12:41am Mar 13, 2012 12:41am
Pay attention.

3135 we have interim support now. Market failed to cloese below during Asia and that gives BULLS another sign to target 3209-3225.

There are 2 options. Enter long on retrace or short it around these levels. 3210-25 is crucial. If it breaks bears will have to cover, so i presume stops are placed just above 3210.

Im flat atm, but may consider entering long on retrace.
  • #12,696
  • Mar 13, 2012 12:46am Mar 13, 2012 12:46am
Eurusd

bulls: 3186 3195 3209 3225 3239 3250
median: 3167
bears: 3147 3135 3123 3109 3095 3085


audusd

bulls: 0558 0564 0573 0582 0592 0598
median: 0546
bears: 0534 0528 0518 0509 0500 0494
  • #12,697
  • Mar 13, 2012 12:49am Mar 13, 2012 12:49am
Sorry Brun.. miss understood what u said..what i posted wasnt rite..

Also my possie at 3169.. out for 7..
  • #12,698
  • Mar 13, 2012 12:57am Mar 13, 2012 12:57am
Hi Danc.
Look at close of H4, interesting pinbars if we don't go higher within the next 5 mins.

Someone has been buying hard the Fiber overnight (USDX barely moved).
We have ppossibly a DT forming on M5 -M30 Tfs with neckline @ 1.3148.

I'm Short 1.317, SL: 1.319, TP: 1.308


Quoting danc
Sorry Brun.. miss understood what u said..what i posted wasnt rite..

Also my possie at 3169.. out for 7..
  • #12,699
  • Mar 13, 2012 1:06am Mar 13, 2012 1:06am
Ok...here we are close to 3147, watching it. We may have a setup soon.
  • #12,700
  • Mar 13, 2012 1:08am Mar 13, 2012 1:08am
E:3151
s:3133
tp:3210
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