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Spider's Den

  • #15,561
  • Oct 11, 2012 6:49am Oct 11, 2012 6:49am
Another 17.. see ya bed time.. 50 for nite.. from euud and 46 from EUau
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  • #15,562
  • Edited 7:26am Oct 11, 2012 7:06am | Edited 7:26am
Quoting Raza
Hello Tarantula,

yes there is a good move lurking around this week I think.


On the Upside true level to be bullish is 1.2917 then 1.2934 then 1.2967 and the most important one to be sure is 1.3006.

As of now I would prefer short first for a shake out then long.




By the way I am scalping too....
I lost some from shorts...then played the levels mentiond above and came out with 2%...now wanna see the 1.2966 level and upside Bullish resistence @ 1.2976 ( game changer).

1 hr is OB....untested level remains @ 1.2893 .. may not get tested but instead 1.2903....an inside support.

From fib prospective 1.2808 remains open incase of Impulse down.

If 1.2808 breaks than 1.2760 other wise break of 1.2935 level by more than 40 pips that is 1.2976 then 1.3203 and more...
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Markets are not Random, they are designed!
  • #15,563
  • Oct 11, 2012 9:34am Oct 11, 2012 9:34am
Great going as we breached 2907. I hope u have played out breakout as suggested.

2980 should pose resistance. If breached 3020 for final resistance else forget about 2700.
  • #15,564
  • Oct 11, 2012 9:47am Oct 11, 2012 9:47am
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  • #15,565
  • Oct 11, 2012 10:49am Oct 11, 2012 10:49am
Quoting T@rantula
Attachment
GOOD CALL!
Markets are not Random, they are designed!
  • #15,566
  • Oct 11, 2012 11:26pm Oct 11, 2012 11:26pm
ADUD.. 1 hr watching for possible break of lower trend line.. for short
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  • #15,567
  • Oct 12, 2012 3:15am Oct 12, 2012 3:15am
2980 is the region where bulls have made one of the last lines of defence.
3020 must hold if 2700 is to be seen, if not I must re-chart higher timeframes.

Have in mind also that today is PROFIT TAKING day and that many shorts have been closed so the price has been propelled up.

Impulse buying can occur @ 3020,3040.

Also this was a DIRECT JUMP which started at 6 gmt, not much chance to enter on retracement as retracement was very restricted.

Counter scalps could be tried @ 2975-80 with small stops
  • #15,568
  • Oct 12, 2012 3:23am Oct 12, 2012 3:23am
EUUD.. 1 min chart.. short 2971.. stop2977..
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  • #15,569
  • Oct 12, 2012 3:28am Oct 12, 2012 3:28am
Stop 2 points above break even
  • #15,570
  • Oct 12, 2012 3:30am Oct 12, 2012 3:30am
Quoting T@rantula
Counter scalps could be tried @ 2975-80 with small stops
Valid. I have already closed it @ 69 so 8 points have been done. If i used smaller leverage i may have put it on BE.

Price is currently @ 69 for continuation it should go lower then 60
  • #15,571
  • Oct 12, 2012 3:30am Oct 12, 2012 3:30am
Quoting danc
EUUD.. 1 min chart.. short 2971.. stop2977..
In sync. Well done.
  • #15,572
  • Oct 12, 2012 3:35am Oct 12, 2012 3:35am
Closed for 7
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  • #15,573
  • Oct 12, 2012 3:43am Oct 12, 2012 3:43am
Quoting danc
Closed for 7
Thats it, closed at support.
  • #15,574
  • Oct 12, 2012 3:49am Oct 12, 2012 3:49am
If the price intends to go higher we will see another swing up. Consolidating now on lower TFs.
  • #15,575
  • Oct 12, 2012 3:59am Oct 12, 2012 3:59am
Quoting T@rantula
If the price intends to go higher we will see another swing up. Consolidating now on lower TFs.
good to see u back in business
finding A M S
  • #15,576
  • Oct 12, 2012 4:07am Oct 12, 2012 4:07am
Quoting prashant7
good to see u back in business
Thank you
  • #15,577
  • Oct 12, 2012 4:51am Oct 12, 2012 4:51am
Trade setup:

Chance to long again @ 65 with 8 pip SL.
  • #15,578
  • Oct 12, 2012 4:57am Oct 12, 2012 4:57am
Quoting T@rantula
Thank you
Welcome
finding A M S
  • #15,579
  • Oct 12, 2012 5:00am Oct 12, 2012 5:00am
EU long here at 2966
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  • #15,580
  • Oct 12, 2012 5:15am Oct 12, 2012 5:15am
Quoting danc
EU long here at 2966
I have closed it for 10, but we still can have a break of 85. Trail it or close it..
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