Always looking the GREAT, never left GOOD Point...
- #861
- Edited 12:11pm Apr 29, 2012 11:23am | Edited 12:11pm
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
- #862
- Apr 29, 2012 12:25pm Apr 29, 2012 12:25pm
Yeah...
For H4 Time Frime.
How can this be True ?
This is my first post on this thread, and I would firstly like to say, well done for some very informative analysis.
On price, yes price movement has been very bullish I wonder how long it will continue....??
Thursday the market opened at 1.6174 and closed at 1.6177 - 3 pips.
Friday with slightly lower volumes the market opened at 1.6176 and closed at 1.6261 - 85pips.
Wide spreads with no volume increase are always worth noting - ok it was Friday so anything is possible - however it will be very interesting to see what happens over the next few days.
trade well
LP
patience is a virtue
- #863
- Edited 1:36pm Apr 29, 2012 1:17pm | Edited 1:36pm
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
Hi Tsar,
This is my first post on this thread, and I would firstly like to say, well done for some very informative analysis.
On price, yes price movement has been very bullish I wonder how long it will continue....??
Thursday the market opened at 1.6174 and closed at 1.6177 - 3 pips.
Friday with slightly lower volumes the market opened at 1.6176 and closed at 1.6261 - 85pips.
Wide spreads with no volume increase are always worth noting - ok it was Friday so anything is possible - however it will be very interesting to see what happens over...
Welcome in Here. Feel free like your Home... Buddy
Yes, you're Correct. CABLE really... really Strongest BULLISH
Exactly her Target in SUPPLY area around @ 1.6516 Lower and @ 1.6631 Higher.
Btw, in FIBO Calculation - Cable need Retrice... before to continue UPward again.
Best Regards,
Tsar
Always looking the GREAT, never left GOOD Point...
- #864
- Apr 30, 2012 4:05am Apr 30, 2012 4:05am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #865
- Apr 30, 2012 4:36am Apr 30, 2012 4:36am
Hi lovepips,
Welcome in Here. Feel free like your Home... Buddy
Yes, you're Correct. CABLE really... really Strongest BULLISH
Exactly her Target in SUPPLY area around @ 1.6516 Lower and @ 1.6631 Higher.
Btw, in FIBO Calculation - Cable need Retrice... before to continue UPward again.
Best Regards,
Tsar
patience is a virtue
- #867
- Apr 30, 2012 8:46am Apr 30, 2012 8:46am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Hi Mindset,
I took an additional 1/10 UJ long @ 80.101
What are you doing?
yes am here and missing u loh
If there was easy money lying around,no one would be forcing it into your
- #868
- Apr 30, 2012 11:50am Apr 30, 2012 11:50am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #869
- Apr 30, 2012 12:20pm Apr 30, 2012 12:20pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
what is 1/10 bro...and where is your stop mate ?
yes am here and missing u loh
a 1/10 for me is a position, which accounts for 1% loss/win, when it moves 100 pips.
So you see, it is a small position.
#1433 http://www.forexfactory.com/showthre...30#post5273430
I have a small 1/10 position long from 77.145
and 2/10 long from 81.137 (which are now pretty under water)
So my BE is 79.88 on all positions.
So now 25 pips move me around 1%
This positions are inside my long term strategy account, and I allow here drawdown of 5%.
That places my SL at around 78.63 normally.
At least at this level I will start to apply measures such as scalping techniques etc. to lower my BE, since 78.125 seems a very hard hurdle to overcome.
- #870
- Apr 30, 2012 12:29pm Apr 30, 2012 12:29pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Oh, yes:
a 1/10 for me is a position, which accounts for 1% loss/win, when it moves 100 pips.
So you see, it is a small position.
#1433 http://www.forexfactory.com/showthre...30#post5273430
I have a small 1/10 position long from 77.145
and 2/10 long from 81.137 (which are now pretty under water)
So my BE is 79.88 on all positions.
So now 25 pips move me around 1%
This positions are inside my long term strategy account, and I allow here drawdown of 5%.
That places my SL at around 78.63 normally.
At...
If there was easy money lying around,no one would be forcing it into your
- #871
- Apr 30, 2012 12:48pm Apr 30, 2012 12:48pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
it was not my best trade to let the 81.137 position first run around 50 pips into plus and then 130 pips into minus. Should have protected that, but they are my long term positions and I do not analyze them every day.
But nevertheless: never ever let a position, which was +50pips run against you 130 pips. That is foolish.......
- #874
- May 1, 2012 4:16am May 1, 2012 4:16am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
Good morning folks.
What do we have on the chart?
Descending resistance line (RED) AND a little bit above confluence of 4-5 Fibo levels AND magic round number 1.3300.
This all together makes me think that this could be a possible “REVERSAL ZONE”, or if not reversal, then at least CORRECTION zone (GREEN)
If resistance line didn't hold, the 1.3300 should stop the price.
We’re now in a 5th wave of uptrend from April 16th, price is loosing momentum and a bigger correction is more likely then ever before.
But remember, many NEWS ahead this week
This scenario is rejected, when price breaks and holds above 1.3300.
What do we have on the chart?
Descending resistance line (RED) AND a little bit above confluence of 4-5 Fibo levels AND magic round number 1.3300.
This all together makes me think that this could be a possible “REVERSAL ZONE”, or if not reversal, then at least CORRECTION zone (GREEN)
If resistance line didn't hold, the 1.3300 should stop the price.
We’re now in a 5th wave of uptrend from April 16th, price is loosing momentum and a bigger correction is more likely then ever before.
But remember, many NEWS ahead this week
This scenario is rejected, when price breaks and holds above 1.3300.
Read Charts - Not Papers
- #875
- May 1, 2012 10:49am May 1, 2012 10:49am
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
[color=black][font=Verdana]Good morning folks.
What do we have on the chart?
Descending resistance line (RED) AND a little bit above confluence of 4-5 Fibo levels AND magic round number 1.3300.
This all together makes me think that this could be a possible “REVERSAL ZONE”, or if not reversal, then at least CORRECTION zone (GREEN)
If resistance line didn't hold, the 1.3300 should stop the price.
We’re now in a 5th wave of uptrend from April 16th, price is loosing momentum and a bigger correction is more likely then ever before.
But remember, many NEWS ahead this week
This scenario is rejected, when price breaks and holds above 1.3300.
Always looking the GREAT, never left GOOD Point...
- #876
- May 3, 2012 12:30am May 3, 2012 12:30am
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
I'm not sure...
Possible got a Little Upward again before Retracement... The First 1.6118 and (maybe) the Second 1.5965 :nerd:
Hi lovepips,
Welcome in Here. Feel free like your Home... Buddy
Yes, you're Correct. CABLE really... really Strongest BULLISH
Exactly her Target in SUPPLY area around @ 1.6516 Lower and @ 1.6631 Higher.
Btw, in FIBO Calculation - Cable need Retrice... before to continue UPward again.
Best Regards,
Tsar
Previous Post :
#861 Apr 29, 2012 12:23pm
#863 Apr 29, 2012 2:17pm
...
Always looking the GREAT, never left GOOD Point...
- #877
- May 3, 2012 6:50am May 3, 2012 6:50am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #878
- Edited 9:58am May 3, 2012 9:25am | Edited 9:58am
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
Tsar, can you please get me some tech analysis on GBPNZD??
GBPNZD is BULLISH Trend. Price @ 2.0176 as Critical Point. I'm not found Negative Candle Signal...
Use BLUE Lines as 55 MA Close & MA Exponential. Use YELLOW Lines as 200 MA Close & MA Exponential.
And the Target Upward @ Price 2.0580 as Lower Supply Area Zone.
Btw... Watch @ Price 2.0294 in H4 Chart and then @ Price 2.0459 in Daily Chart b'cause Potential Break in there.
...
Always looking the GREAT, never left GOOD Point...
- #879
- May 5, 2012 4:11am May 5, 2012 4:11am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Euro Forecast by Bank
Sterling Forecast by Bank
Sterling Forecast by Bank
Those who say it cannot be done should not interrupt those who are doing it
- #880
- May 5, 2012 10:29am May 5, 2012 10:29am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts