Spider's Den | Page 705 | Forex Factory

Options

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

Spider's Den

  • #14,081
  • Apr 17, 2012 4:21am Apr 17, 2012 4:21am
Quoting egkid
Closed yesterday with this view
http://www.forexfactory.com/showthre...76#post5578276
Yes 3130 is level where id like to place another long on pullback. Its important now as 3090 was early in the morning. 3180-85 should good for shorts 3130 for long trend trades.

For another long setups we need to see pullback. Also, if 3075 was reached in the morning we would have seen 3020 again.

3150 fast break to the upside was news reaction as some traders closed short positions, now we should wait for a reversal sign near the mentioned top or wait for pullback for another long trade.
  • #14,082
  • Apr 17, 2012 4:25am Apr 17, 2012 4:25am
Quoting kbmoonshinex
yes bro i saw. what plans for now ? could be a reverse 3167 to 3091 ?

i think we could its strong level 3167 and 3181 yes ? i see it on H1 chart
3175-85 confluence with BB and pivot points. Weekly resistance sits at 3175 while daily resistance makes a confluence with ATR @ 3188.

Id like to see reversal candles there and make it short. Ultimatively if unexpected happens and it somehow breaks it easily 3215 is the level to look for shorts and stops should be placed around 3240.
  • #14,083
  • Apr 17, 2012 4:29am Apr 17, 2012 4:29am
Quoting T@rantula
3175-85 confluence with BB and pivot points. Weekly resistance sits at 3175 while daily resistance makes a confluence with ATR @ 3188.

Id like to see reversal candles there and make it short. Ultimatively if unexpected happens and it somehow breaks it easily 3215 is the level to look for shorts and stops should be placed around 3240.
ok thanks for use full info . waiting fresh enter . will post my entry
looking for investors . pm me
  • #14,084
  • Apr 17, 2012 4:55am Apr 17, 2012 4:55am
3146 interim support where 3130 is next. We could see another push higher now even thou id personally like to see it @ 3130
  • #14,085
  • Apr 17, 2012 5:03am Apr 17, 2012 5:03am
Quoting danc
Long Cable..5870
currently above weekly mthly 1/4ter and year mid points..pivot
Cable closed15946.. ++ 76.. BEAUTY
  • #14,086
  • Apr 17, 2012 5:16am Apr 17, 2012 5:16am
Quoting danc
Cable closed15946.. ++ 76.. BEAUTY
Vgood Danc! If its 1% or more stop trading for today and keep the profits; )
  • #14,087
  • Apr 17, 2012 5:23am Apr 17, 2012 5:23am
long euro 3142. stop 3139. just trying to catch swing
looking for investors . pm me
  • #14,088
  • Apr 17, 2012 5:25am Apr 17, 2012 5:25am
Quoting danc
Cable closed15946.. ++ 76.. BEAUTY
well done bro
looking for investors . pm me
  • #14,089
  • Apr 17, 2012 5:27am Apr 17, 2012 5:27am
Quoting T@rantula
Vgood Danc! If its 1% or more stop trading for today and keep the profits; )
I have T... was tempted to short Cable at current point 5950 ish.. but of 2 bed early actualy..
  • #14,090
  • Apr 17, 2012 6:03am Apr 17, 2012 6:03am
2012.04.17 14:00:58 sell 1.00 EURUSD at 1.31309 was modified -> sl: 1.31567 tp: open

double top 15 min . think we can go here down
looking for investors . pm me
  • #14,091
  • Apr 17, 2012 6:05am Apr 17, 2012 6:05am
Those are non trading hours for me at the moment. Nothing until NY...

If those were normal trading hours where we have good volatility id place a long @ 3130 with 15 point stop.

I respect my plan and rules, now I may be right but because it 12 gmt, i dont trade this setup.
  • #14,092
  • Apr 17, 2012 6:13am Apr 17, 2012 6:13am
why i took that trade.
Attached Image (click to enlarge)
Click to Enlarge Name: eurs.jpg Size: 266 KB
looking for investors . pm me
  • #14,093
  • Apr 17, 2012 6:27am Apr 17, 2012 6:27am
Quoting T@rantula
Those are non trading hours for me at the moment. Nothing until NY...

If those were normal trading hours where we have good volatility id place a long @ 3130 with 15 point stop.

I respect my plan and rules, now I may be right but because it 12 gmt, i dont trade this setup.
EU @ 3145 currently id have closed it or scaled it out ( if the trade is heavier) with stops on BE
  • #14,094
  • Apr 17, 2012 6:28am Apr 17, 2012 6:28am
Quoting kbmoonshinex
2012.04.17 14:00:58 sell 1.00 EURUSD at 1.31309 was modified -> sl: 1.31567 tp: open

double top 15 min . think we can go here down
Quoting kbmoonshinex
why i took that trade.
Hmm, you have sold into support....U shouldnt have done it.
  • #14,095
  • Apr 17, 2012 6:36am Apr 17, 2012 6:36am
Quoting T@rantula
Hmm, you have sold into support....U shouldnt have done it.
i know bro. just trying. 3148 short again same SL.
looking for investors . pm me
  • #14,096
  • Apr 17, 2012 6:37am Apr 17, 2012 6:37am
Quoting T@rantula
Hmm, you have sold into support....U shouldnt have done it.
yes i should short on white line. my post early. lets see
looking for investors . pm me
  • #14,097
  • Apr 17, 2012 7:25am Apr 17, 2012 7:25am
Quoting kbmoonshinex
why i took that trade.
closed. forgot that news in 5 min ..
looking for investors . pm me
  • #14,098
  • Apr 17, 2012 8:39am Apr 17, 2012 8:39am
EU currently in the middle of nowhere. It looks like intraday trend is switching to downside. EU should go above 3150 for continuation to 3180. Now bears have a bit of control, but still no valid setups atm.
  • #14,099
  • Apr 17, 2012 8:44am Apr 17, 2012 8:44am
Quoting T@rantula
EU currently in the middle of nowhere. It looks like intraday trend is switching to downside..
It seems so. For me best I could have thought of is to sell ( when i posted a long trade but didnt take it due to non trading hours) @ 3145 with 35 pip stop. If 3145 holds 3090 again in play.
  • #14,100
  • Apr 17, 2012 9:02am Apr 17, 2012 9:02am
Quoting T@rantula
It seems so. For me best I could have thought of is to sell ( when i posted a long trade but didnt take it due to non trading hours) @ 3145 with 35 pip stop. If 3145 holds 3090 again in play.
3104 last line of defence before 3090
21 traders viewing now