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Spider's Den

  • #15,061
  • Jun 18, 2012 9:03am Jun 18, 2012 9:03am
Spinning top on h1, trade the Breakout.
  • #15,062
  • Jun 18, 2012 9:14am Jun 18, 2012 9:14am
H1 spinning top s/r levels. Zoom in m5 and trade the possible Breakout. Hard to see any other setup besides this 1.

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  • #15,063
  • Jun 18, 2012 9:19am Jun 18, 2012 9:19am
i go long 2593. tp 2700. reason we are on a strong demand zone and H1 bottom channel
looking for investors . pm me
  • #15,064
  • Jun 18, 2012 9:42am Jun 18, 2012 9:42am
Quoting kbmoonshinex
i go long 2593. tp 2700. reason we are on a strong demand zone and H1 bottom channel

can I see this channel?
I'm indeed a talking panda. How are you?
  • #15,065
  • Jun 18, 2012 10:01am Jun 18, 2012 10:01am
What stupid PA, have u seen this?? Stop hunt in its best. 2585>2567 in a second
  • #15,066
  • Jun 18, 2012 10:18am Jun 18, 2012 10:18am
Cant short into support, longing is risky, i will wait for tomorrow for clearer direction.
  • #15,067
  • Jun 19, 2012 2:16am Jun 19, 2012 2:16am
Good morning, watch out for these levels today:

MEDIAN 2609

BULLS 2616 2624 2630 2638 2660

BEARS 2602 2597 2585 2575 2554
  • #15,068
  • Jun 19, 2012 2:21am Jun 19, 2012 2:21am
Morning T.
Pretty jumpy PA on lower TF atm.
  • #15,069
  • Jun 19, 2012 2:32am Jun 19, 2012 2:32am
Quoting Chika Kure
Morning T.
Pretty jumpy PA on lower TF atm.
Hey

Yes, its very annoying as we are having 2 possibilities today. Either the market will move to LPH ( 2660) and later proceed to test 27xx or it will break yesterdays low 2557 to test 2520-00.

Tomorrow is Fed press conference so also we may have a range day today.

Ill use momentum trading today.
  • #15,070
  • Jun 19, 2012 3:15am Jun 19, 2012 3:15am
Perfect rejection of DPP then as soon as we got to 2602 ( watch the table) it was a sell off. Lets see if we have a range day or we break 2560
  • #15,071
  • Jun 19, 2012 3:54am Jun 19, 2012 3:54am
Quoting T@rantula
Perfect rejection of DPP then as soon as we got to 2602 ( watch the table) it was a sell off. Lets see if we have a range day or we break 2560
Still range, told ya guys
  • #15,072
  • Jun 19, 2012 4:04am Jun 19, 2012 4:04am
Very bad EU data, what confuses me is bullish pinbar on H1, market MAY neglect bad news. and continue north, which is currently happening.
  • #15,073
  • Jun 19, 2012 4:18am Jun 19, 2012 4:18am
Break of DPP we go to 2630/50
  • #15,074
  • Jun 19, 2012 5:21am Jun 19, 2012 5:21am
Quoting T@rantula
Break of DPP we go to 2630/50
2630 done 2650 next if 2660 is broken 2700 retest possible, will make a break till NY.
  • #15,075
  • Jun 19, 2012 5:25am Jun 19, 2012 5:25am
Hey T.
I did today something that I never do... entered and leave trade.
Something came up for me, and I didnt want to close it.
Short from 2609 and 2613... and placed a "modest" TP at 2575.
So, I am back at platform, and - what a nice thing to see - not "living every pip", and TP hit.
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  • #15,076
  • Jun 19, 2012 5:29am Jun 19, 2012 5:29am
1.26282 really need to be cracked for further..........
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  • #15,077
  • Jun 19, 2012 6:44am Jun 19, 2012 6:44am
Good trade CK, and Munal you are right, PA is grinding upwards its buy the dip but very slowly.
  • #15,078
  • Jun 19, 2012 7:12am Jun 19, 2012 7:12am
Quoting T@rantula
Good trade CK.......
Thnx man.

IMO:
Looks like small DT at 2628 on EUR atm.
Until it breaks 2630, I remain bearish on this. No HH, but no LL either.
There was pretty ugly news today German ZEW Economic Sentiment, but no reactions so far.
AUD has a HH, but EUR/USD and cable not. Addon - in fact, cable has a LL. OK, not a USD moves than. So... ?
Will wait after american news in 20 minutes.
  • #15,079
  • Jun 19, 2012 7:24am Jun 19, 2012 7:24am
Quoting Chika Kure
Thnx man.

IMO:
Looks like small DT at 2628 on EUR atm.
Until it breaks 2630, I remain bearish on this. No HH, but no LL either.
There was pretty ugly news today German ZEW Economic Sentiment, but no reactions so far.
AUD has a HH, but EUR/USD and cable not. Addon - in fact, cable has a LL. OK, not a USD moves than. So... ?
Will wait after american news in 20 minutes.
I think market is waiting for FOMC and we could have a probable 2700 retest. If u watch h1 it looks like it has started to build upward momentum
  • #15,080
  • Jun 19, 2012 7:36am Jun 19, 2012 7:36am
short this 5670..
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