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Spider's Den

  • #14,981
  • Jun 13, 2012 1:18am Jun 13, 2012 1:18am
Morning guys,

Been awake for quite a while now and dont see a reason to enter for now.

I see a channel upper bound 520 and lower 450. This are my interest points for now.
Will see how it goes at those levels. Ill probably short from upper band with a minimum sl...

Today my shift starts so probably ill go to bet at 1pm for some rest... Next week going home probably Cant wait hehe
  • #14,982
  • Jun 13, 2012 1:23am Jun 13, 2012 1:23am
Quoting Vladimir1987

Been awake for quite a while now and dont see a reason to enter for now.
Morning. I am sitting on my hands also, having a breakfast. Nothing to trade atm, for me.
  • #14,983
  • Jun 13, 2012 2:12am Jun 13, 2012 2:12am
Long 2500..
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  • #14,984
  • Jun 13, 2012 2:14am Jun 13, 2012 2:14am
Quoting danc
Long 2500..
good job danc
I keep entering wrong pair... I am long cable, which moved 6 pips, and euro gone 20
  • #14,985
  • Jun 13, 2012 2:15am Jun 13, 2012 2:15am
Cable.. long 5552
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  • #14,986
  • Jun 13, 2012 2:21am Jun 13, 2012 2:21am
Long @ 1.25
TP: 1.2565 and if broken -> open to 1.262 & higher
SL: 1.243 (I won't be managing this trade today)
Reason of trade: 3 rejections of 1.244x level
  • #14,987
  • Jun 13, 2012 2:30am Jun 13, 2012 2:30am
Congrats, T@rantula.
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  • #14,988
  • Jun 13, 2012 2:36am Jun 13, 2012 2:36am
Quoting BrunargarFx
Long @ 1.25
TP: 1.2565 and if broken -> open to 1.262 & higher
SL: 1.243 (I won't be managing this trade today)
Reason of trade: 3 rejections of 1.244x level
Quoting Chika Kure
Congrats, T@rantula.
Thanx and good morning guys!! We are going nicely and im happy to see that you are also doing excellent trades!

We are RANGE BOUND and that means 2440-2525. That and accumulation levels during Asia give me the possible scenario, EU might go to 2540 then we might see rejection to 2490. I agree real bull power resides above 2560 and price exchange rate needs to close above that level for bull power continuation, else we are still range bound.
  • #14,989
  • Jun 13, 2012 3:13am Jun 13, 2012 3:13am
10 gmt EU release data will give more volatility to this pair.
  • #14,990
  • Jun 13, 2012 3:22am Jun 13, 2012 3:22am
Yes, probably. But, for +20 pips in range bound its OK. IF it breaks range, we can enter again on pullback. Momentum was much stronger on euro than on gbp... I was hoping that LBs would push gbp higher - over 5560 - quickly, but they were dragging while euro made +20 easilly. Again lacked patience while in trade - something that must work on.
  • #14,991
  • Jun 13, 2012 3:45am Jun 13, 2012 3:45am
Quoting T@rantula
Thanx and good morning guys!! We are going nicely and im happy to see that you are also doing excellent trades!

We are RANGE BOUND and that means 2440-2525. That and accumulation levels during Asia give me the possible scenario, EU might go to 2540 then we might see rejection to 2490. I agree real bull power resides above 2560 and price exchange rate needs to close above that level for bull power continuation, else we are still range bound.
Exactly that, it is happening what I have seen. Just need to see the results of EU release data, till then Im flat.
  • #14,992
  • Jun 13, 2012 4:21am Jun 13, 2012 4:21am
Good data numbers, and we have broken the mini range, let see if it goes to test WPP 2560
  • #14,993
  • Jun 13, 2012 4:23am Jun 13, 2012 4:23am
Cable almost at 1.56.
Congrats to danc. I f***d my closing for peanuts only.
  • #14,994
  • Jun 13, 2012 4:30am Jun 13, 2012 4:30am
Quoting Chika Kure
Cable almost at 1.56.
Congrats to danc. I f***d my closing for peanuts only.
Well done! Cable could retrace @ 5614
  • #14,995
  • Jun 13, 2012 5:18am Jun 13, 2012 5:18am
Thanks.. Both U.. out of both for 40+..the EU and Cable 31+.. Early night for me..see u morrow
  • #14,996
  • Jun 13, 2012 5:39am Jun 13, 2012 5:39am
USDx 1 hr notice is at weekly PPX..Eu.. reverse??
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  • #14,997
  • Jun 13, 2012 5:47am Jun 13, 2012 5:47am
USDX.. at current point.. is week.. ppx..8220ish... 50% point.. ext 1.618%.. Quad resistance..?? MM
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  • #14,998
  • Jun 13, 2012 5:56am Jun 13, 2012 5:56am
EU.. short 2539.. stop 2565.. not CCI div.. at hi was 50% point and week ppx..also Quad resistance at this point..
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  • #14,999
  • Jun 13, 2012 6:07am Jun 13, 2012 6:07am
0ut for 14.. see ya
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  • #15,000
  • Jun 13, 2012 8:20am Jun 13, 2012 8:20am
WPP has been tested and bulls failed to close above, even if its technically ok if u follow intraday experience tells me that we could dip down after we have tested WPP
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