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  • #4,121
  • Aug 15, 2012 2:39pm Aug 15, 2012 2:39pm
Quoting kerinsp
Thanks Sam, yes that looks great. Doesn't look like it was retested after it broke down at all (at least I can't see that).

Paul
I'm on the road right now, don't have my levels at hand...looking real quick, this is what I had in mind. I have a note to self to re-check the level on my charts later, doesn't look as clean as I remember but still decent.
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  • #4,122
  • Aug 15, 2012 2:39pm Aug 15, 2012 2:39pm
Another one I like...EU 1hr
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  • #4,123
  • Aug 15, 2012 2:50pm Aug 15, 2012 2:50pm
Quoting pex
it was allready tested...
actually that's a butt kiss, it's now making a rounded retest (rr) back to that level for the 1st time.
i think it's one to watch, and i think its a good one.
ill try to post up another chart showing more confluence i noticed...
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Simplicity is the key to success
  • #4,124
  • Aug 15, 2012 3:03pm Aug 15, 2012 3:03pm
Quoting kerinsp
Would you also go for these levels? (Ages away but just for examples)
thanks
Paul
CAD/CHF - Good level, I don't trade this pair often...would probably try and find a similar setup on another CHF (u/chf, etc).

EUR/CAD - Solid level, I've had a large limit short order in place here for awhile. Excellent level.

EUR/USD - Good level, not so clean on the FTB aspect...I would probably risk a smaller amount on a FTB view and if stopped out, watch for an SFP type setup. Bottom line, I'll have risk on at this level, just not sure how I'll play it yet.

Nice levels.
  • #4,125
  • Aug 15, 2012 3:16pm Aug 15, 2012 3:16pm
Quoting squeezy
actually that's a butt kiss, it's now making a rounded retest (rr) back to that level for the 1st time.
i think it's one to watch, and i think its a good one.
ill try to post up another chart showing more confluence i noticed...
tl + 50/62 ret fib confluence on cadjpy, pretty sure there'll be more to add for conviction to pull the trigger.
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Simplicity is the key to success
  • #4,126
  • Aug 15, 2012 3:23pm Aug 15, 2012 3:23pm
Quoting kerinsp
Would you also go for these levels? (Ages away but just for examples)
thanks
Paul
be careful not to get to exposed on the cad pairs as ecad & cadchf do the exact opposite of each other...
they r good levels btw, im also watching
Simplicity is the key to success
  • #4,127
  • Aug 15, 2012 4:11pm Aug 15, 2012 4:11pm
D1 beob
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  • #4,128
  • Aug 15, 2012 4:28pm Aug 15, 2012 4:28pm
Quoting pex
D1 beob
  • #4,129
  • Aug 15, 2012 5:10pm Aug 15, 2012 5:10pm
I have an order in to short USD/CAD at 0.9904

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I have cancelled my order on GBP/USD at 1.5642 (I posted about this earlier in the week), now that the outside bar is a few days old. In my opinion it's not a strong enough level to trade without the D1 bias.
  • #4,130
  • Aug 15, 2012 5:47pm Aug 15, 2012 5:47pm
Nice level Matt. Would like to see a little more room in there but that's not bad...adding to my watch list, will take a shot.
  • #4,131
  • Aug 15, 2012 6:15pm Aug 15, 2012 6:15pm
no space but may develop
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  • #4,132
  • Aug 15, 2012 8:29pm Aug 15, 2012 8:29pm
Quoting kerinsp
no space but may develop
FTB is out of the picture (would have been a nice trade) but something to watch out for on an SFP basis I suppose?
  • #4,133
  • Aug 16, 2012 12:45am Aug 16, 2012 12:45am
worth watching this level for a long.
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  • #4,134
  • Aug 16, 2012 2:51am Aug 16, 2012 2:51am
Quoting BadgerMatt
I would like to lodge an official complaint about the number of nice levels which have got washed this past day or so. Very frustrating!
A possible consequence of the holiday period maybe.
  • #4,135
  • Aug 16, 2012 2:55am Aug 16, 2012 2:55am
usdjpy has broken out of its range. the Level doesn't look great on lower timeframes but might provide a RR.
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  • #4,136
  • Aug 16, 2012 4:18am Aug 16, 2012 4:18am
Long yen 79.17
  • #4,137
  • Aug 16, 2012 10:31am Aug 16, 2012 10:31am
Quoting sam0182
How did you guys manage the EUR/AUD trade? Looked like it was working for awhile and then shot straight up
  • #4,138
  • Aug 16, 2012 10:58am Aug 16, 2012 10:58am
Quoting ShawnS
How did you guys manage the EUR/AUD trade? Looked like it was working for awhile and then shot straight up
I shorted again @ 1.720 last night, rode it down for ~25pts and closed out that position and my SFP-ish short from 1.1755 a couple nights earlier.

Got lucky in that I closed out before the US news.

I did take the EU short @ 1.2315 that got blown through pretty quickly. Tight stops paid off here.
  • #4,139
  • Aug 16, 2012 11:03am Aug 16, 2012 11:03am
Quoting sam0182
I shorted again @ 1.720 last night, rode it down for ~25pts and closed out that position and my SFP-ish short from 1.1755 a couple nights earlier.

Got lucky in that I closed out before the US news.

I did take the EU short @ 1.2315 that got blown through pretty quickly. Tight stops paid off here.
Thanks. Just outta curiosity, why didn't you try to hold euraud for a bigger move since we had the daily BEOB? I had my target at the BEOB's first trouble area.
  • #4,140
  • Aug 16, 2012 11:14am Aug 16, 2012 11:14am
Hi, I really tightened up my stop when it was in profit this morning. My target was a daily One too.
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