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  • #3,521
  • May 17, 2012 12:31pm May 17, 2012 12:31pm
hello guys,
no charts for now, maybe later
some rounded retest levels to watch as follows are gold 1612 daily, silver 29.75 daily, gbpaud 1.573 daily, gbpchf 1.482 levels...
cheers
Simplicity is the key to success
  • #3,522
  • May 17, 2012 8:37pm May 17, 2012 8:37pm
awaiting retest on
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Support the Resistance
  • #3,523
  • May 17, 2012 9:29pm May 17, 2012 9:29pm
Quoting megel
awaiting retest on
Looks good.
  • #3,524
  • Edited 10:19am May 18, 2012 3:46am | Edited 10:19am
Quoting nymeria
Anyone else get in the USDJPY sfp?
Hi,

I got in at 80.47, 30 pip sl. Targeting 78.50 or so. I just see it as resistance though and nothing to do with SFP
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  • #3,525
  • May 18, 2012 1:35pm May 18, 2012 1:35pm
Has been waiting for this set up for 3 days....waiting for a pull back at the blue area.
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Patience is essential
  • #3,526
  • May 18, 2012 2:47pm May 18, 2012 2:47pm
Quoting benem
Has been waiting for this set up for 3 days....waiting for a pull back at the blue area.
I really hope you caught it.

My order was missed by a couple of points...
  • #3,527
  • May 18, 2012 3:05pm May 18, 2012 3:05pm
Quoting sam0182
I really hope you caught it.

My order was missed by a couple of points...
Hi sam0182,

I review your charts with great interest, although I don't post too much.

Just a suggestion, I hope you won't mind it. How about splitting an order in two and placing one order 5 or 7 pips below a level where you originally intend to place it and 2nd pending order 5 or 7 pips above where your originally intend to place it. By doing this your net price is going to be the same if both orders are hit, but it will reduce your chances of missing out on a trade.

If price hit your first order and move in your intended direction, at least you are in a trade with half of your risk, which is better than missing it out completely.

Thanks,

alifari
The purpose of knowledge is action, not knowledge
  • #3,528
  • May 18, 2012 4:27pm May 18, 2012 4:27pm
Great suggestion and for any trade that I'm really stoked about (and prepared for), I'll do something similar...usually with an even wider gap in between orders (especially when entering strong daily levels).

The EUR/AUD was something a buddy messaged me on a couple minutes prior, while I was at work, placing orders via iphone, etc...in short, I failed at being prepared. My fault.

Good suggestion, I appreciate it.

Did you catch it?

Quoting alifari
Hi sam0182,

I review your charts with great interest, although I don't post too much.

Just a suggestion, I hope you won't mind it. How about splitting an order in two and placing one order 5 or 7 pips below a level where you originally intend to place it and 2nd pending order 5 or 7 pips above where your originally intend to place it. By doing this your net price is going to be the same if both orders are hit, but it will reduce your chances of missing out on a trade.

If price hit your first order and move in your intended direction,...
  • #3,529
  • May 18, 2012 4:40pm May 18, 2012 4:40pm
Quoting sam0182
I really hope you caught it.

My order was missed by a couple of points...

No i am still waiting for the pull back on Eud/aud.....what was your entry level Sam?I don't see any FTB on this.....

Thanks.
Patience is essential
  • #3,530
  • May 18, 2012 4:48pm May 18, 2012 4:48pm
Quoting benem
No i am still waiting for the pull back on Eud/aud.....what was your entry level Sam?I don't see any FTB on this.....

Thanks.
The first chart below was from the start of the week...the level got chopped a bit.

My limit long this morning was at 1.2927 (eyes on the 1.2925 level). See the second chart.

I think my original range to watch was closer to 1.29 (hard to see from the attachment, will have to check my charts later)...I assume this is what you're looking for?
Attached Image(s) (click to enlarge)
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  • #3,531
  • May 18, 2012 4:53pm May 18, 2012 4:53pm
Quoting sam0182
The first chart below was from the start of the week...the level got chopped a bit.

My limit long this morning was at 1.2927 (eyes on the 1.2925 level). See the second chart.

I think my original range to watch was closer to 1.29 (hard to see from the attachment, will have to check my charts later)...I assume this is what you're looking for?
Yes....you sad "My order was missed by a couple of points..." so i went to look for the pull back i could not find it.But now i guess you looked at pull back on lower time frame as 5 min or so....
Patience is essential
  • #3,532
  • May 18, 2012 5:15pm May 18, 2012 5:15pm
Quoting benem
Yes....you sad "My order was missed by a couple of points..." so i went to look for the pull back i could not find it.But now i guess you looked at pull back on lower time frame as 5 min or so....
Correct...and I guess by a couple of points it was 3 or 4.

Regardless the 1.2925 level is what I was looking for this morning.

Next week should be exciting, have a good weekend all.
  • #3,533
  • May 18, 2012 5:20pm May 18, 2012 5:20pm
Quoting sam0182
Correct...and I guess by a couple of points it was 3 or 4.

Regardless the 1.2925 level is what I was looking for this morning.

Next week should be exciting, have a good weekend all.
Thanks for your explanation have a good weekend too.
Patience is essential
  • #3,534
  • May 18, 2012 6:54pm May 18, 2012 6:54pm
Quoting sam0182
Great suggestion and for any trade that I'm really stoked about (and prepared for), I'll do something similar...usually with an even wider gap in between orders (especially when entering strong daily levels).

The EUR/AUD was something a buddy messaged me on a couple minutes prior, while I was at work, placing orders via iphone, etc...in short, I failed at being prepared. My fault.

Good suggestion, I appreciate it.

Did you catch it?
No, I was concentrating on USD Pairs this week.
The purpose of knowledge is action, not knowledge
  • #3,535
  • May 19, 2012 4:00am May 19, 2012 4:00am
Looks like a level
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  • #3,536
  • May 20, 2012 2:34pm May 20, 2012 2:34pm
EUR/NZD is the only one I'm really set on going into the week.

Looking forward to seeing what others are looking at this week?
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  • #3,537
  • May 20, 2012 3:00pm May 20, 2012 3:00pm
Most of them indicate a bullish Eur....so i wouldn't take all of them....but these are the levels i'll be watching this week.....

Good excercise indeed ....
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Patience is essential
  • #3,538
  • May 20, 2012 3:06pm May 20, 2012 3:06pm
Nice levels Benem, I'm borrowing your GU and adding it to my call list.
  • #3,539
  • May 21, 2012 1:22am May 21, 2012 1:22am
GBP/JPY possible break and retest (though it didn't work out as a SFP.)
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  • #3,540
  • May 21, 2012 1:39am May 21, 2012 1:39am
morning guys
gold and silver rounded retest on watchlist against this wk
cheers
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Simplicity is the key to success
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