close my gbp swing... back to the 1 mins now
Attached Image (click to enlarge)
C-12's Supply, Demand and PA thread
A is pretty much done and B will surely offer some resistance but I'm not shorting the EURUSD just now due to recently bouncing at higher TF demand.
If you're shorting against higher timeframe then you have to be at BE fast and take your profits when presented.
A gave nothing, B was actually great with 30 Pips but the real thing was a long at C.
I think level D is worth a shot, even if it's RBR and not that perfect at the S&D-curve.
- #305
- Nov 6, 2012 6:26am Nov 6, 2012 6:26am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
hi C-12,
for educational purpose I would find it helpful if you could post your zones of interest before hand ....
Like that your thread would become a very helpful source for New Members ..
For instance... what are your next zone you are looking out for...any pics...
kind regards
R
- #306
- Nov 6, 2012 6:31am Nov 6, 2012 6:31am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
I totally agree, and as we can see you were right concerning that levels A and B as well as preferred longs for EURUSD.
A gave nothing, B was actually great with 30 Pips but the real thing was a long at C.
I think level D is worth a shot, even if it's RBR and not that perfect at the S&D-curve.
Attachment
- #310
- Nov 6, 2012 7:52am Nov 6, 2012 7:52am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
Took a long on the USDCAD, not comfortable since I'm off out to work.. Let's see what happens. 
- #311
- Nov 6, 2012 7:53am Nov 6, 2012 7:53am
Hi Dave, may I know what are those dots are on your chart? Are they marking swing high and low? If so, may I know where can I get it? It will be really helpful.
Nice trade Dave!
http://www.forexfactory.com/showthre...73#post6156573
- #313
- Nov 6, 2012 8:32am Nov 6, 2012 8:32am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
this one... it also draws labelled vertical lines on your chart when you're nearly at the point of the news event. it's pretty sweet
Anyway. Just checked my phone. The USDCAD trade has hit TP1 and my stops are at BE.
back from work and missed lots of great opportunties today, of course...always during london session
A real no brainer trade has been EURUSD, broken support became a supply level
easy 15 pips, if it stays in the zone, im watching for price action above resistance at the major supply level for a big move down since we see a lot of compression here.
however monitor the trades closely since presidential election and the fact we are in a major demand zone right now (HTF)
A real no brainer trade has been EURUSD, broken support became a supply level
easy 15 pips, if it stays in the zone, im watching for price action above resistance at the major supply level for a big move down since we see a lot of compression here.
however monitor the trades closely since presidential election and the fact we are in a major demand zone right now (HTF)
- #317
- Nov 6, 2012 8:47pm Nov 6, 2012 8:47pm
- Joined Feb 2011 | Status: Probabilities, Not Absolutes | 1,246 Posts
Took this long for a quick scalp. 2 lot for 12 pips total
Good trading to all
TSD
Good trading to all
TSD
Good morning!
This is the picture of the next supply in EURUSD. The lower level is a direct result of the upper level. The whole spot itself looks interesting up to M30. H1 and above show that it's a big swap level.
1.) I tend to look at the lower level as fresh and tradeable.
2.) Also the upper level is interesting because of the good rejections and price did not enter deeply at all.
What do you think? Please let me know!
Peter
This is the picture of the next supply in EURUSD. The lower level is a direct result of the upper level. The whole spot itself looks interesting up to M30. H1 and above show that it's a big swap level.
1.) I tend to look at the lower level as fresh and tradeable.
2.) Also the upper level is interesting because of the good rejections and price did not enter deeply at all.
What do you think? Please let me know!
Peter
