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PA by Julexo

  • #3,381
  • Nov 10, 2012 9:04pm Nov 10, 2012 9:04pm
Quoting Julexo
still messing my self with charts...tighting up for monday...which levels usually not working for you?
For example when u have demand on top of demand and don't know when price is gonna turn back up, don't know where to buy, witch is gonna be engulfed and witch is gonna be respected. As I am studying every day it's all coming down to levels in history to filter trading and have high probability trades. Support and resistance, supply and demand, decision points in the market(history levels) this is my main focus for the moment. Any advice will be much appreciated.
  • #3,382
  • Nov 10, 2012 9:18pm Nov 10, 2012 9:18pm
Quoting Paraipan
For example when u have demand on top of demand and don't know when price is gonna turn back up, don't know where to buy, witch is gonna be engulfed and witch is gonna be respected. As I am studying every day it's all coming down to levels in history to filter trading and have high probability trades. Support and resistance, supply and demand, decision points in the market(history levels) this is my main focus for the moment. Any advice will be much appreciated.
.I split TF...like if you trade on m15 or m30...I using bigger TF 1h or 2.3.4h to clean candlestick noisy volume....to get clean visibility of zones which I'm looking for...and if zone still fresh...or never been visited before...
  • #3,383
  • Nov 10, 2012 9:21pm Nov 10, 2012 9:21pm
With chart...engulfed demand and then decision point. Forgot to put arrow on the demand below the one I mentioned witch was also engulfed.
Attached Image (click to enlarge)
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  • #3,384
  • Nov 10, 2012 9:27pm Nov 10, 2012 9:27pm
Of course, bigger time frame way less noise
  • #3,385
  • Nov 10, 2012 9:39pm Nov 10, 2012 9:39pm
Cach u later my friend, almost 6 am here All the best.
  • #3,386
  • Nov 10, 2012 9:58pm Nov 10, 2012 9:58pm
Quoting Julexo
bring charts and ideas here...you welcome here...don't have clue about those bullshit politics news...I follow PA and S/D zones...no matter for me where euro goes...anyou we will catch any direction... what kinde of strategy you using?

Hi Julexo,

Thank you and I intend to learn way more than I the little I know. The only strategy that I have been shown and I am still learning is waves.. I am still not very good at this, that is why I have been following your thread for few weeks and you seem very good at what you do and I like it, and would love to learn.

From the waves I have been slowly learning it seems that e/u pulled back for wave 4 and might go up for 5.. But like I have said I have been following this thread for few weeks and you seem right almost all the time. (which I must congratulate you because I really dont know how you do it).

I was just afraid that my short position would get eaten by this political (bull.....) that you have mentioned, but I am very confident in your s/d analysis and like I have said (in following this thread I have noticed how many times you are right)

I do not post a great deal as my time difference is a little different to you guys, Im in Australia but believe me I read all your guys posts everyday, and it has helped me immensley to understand a little more about trading (although I have soooooo much more to learn)

Thanks guys for all your help, and such a nice relaxed blog.. and best of luck for our shorts

Take care
urulion
  • #3,387
  • Nov 10, 2012 10:12pm Nov 10, 2012 10:12pm
Quoting Paraipan
Cach u later my friend, almost 6 am here All the best.
GL ...
  • #3,388
  • Nov 10, 2012 10:21pm Nov 10, 2012 10:21pm
Quoting urulion
Hi Julexo,

Thank you and I intend to learn way more than I the little I know. The only strategy that I have been shown and I am still learning is waves.. I am still not very good at this, that is why I have been following your thread for few weeks and you seem very good at what you do and I like it, and would love to learn.

From the waves I have been slowly learning it seems that e/u pulled back for wave 4 and might go up for 5.. But like I have said I have been following this thread for few weeks and you seem right almost all the time. (which...
you welcome...if you have any quostions just ask..sameone from here will help to you...zones for me was most easiest way to make profit and be in +...I used to trading waves years ago...but for me was complicated, becouse I been late in the trades...
  • #3,389
  • Nov 10, 2012 10:30pm Nov 10, 2012 10:30pm
Quoting Julexo
still messing my self with charts...tighting up for monday...which levels usually not working for you?
Hello,

I find it interesting when things come together:

1. On the eur:usd Daily we have a demand zone that includes an odds enhancement level - 1.26500

2. DXYO - US Dollar Index has tapped and bounced off a supply zone with an odds enhancement level of 81.0.

3. GSPC - SP-500 Index has tapped and bounced off a demand zone.

4. FDAC-X, DAX dropped below 7.1000 and right below it is a demand zone with an odds enhancement level - 7.0000

Happy Trades,
fxstir
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 110912 eurusd Daily.gif Size: 24 KB
Click to Enlarge Name: DXYO Daily.png Size: 80 KB
Click to Enlarge Name: SP-500 GSPC Daily.jpg Size: 190 KB
Click to Enlarge Name: FDAC-X Daily.png Size: 85 KB
  • #3,390
  • Nov 10, 2012 10:47pm Nov 10, 2012 10:47pm
Quoting fxstir
Hello,

I find it interesting when things come together:

1. On the eur:usd Daily we have a demand zone that includes an odds enhancement level - 1.26500

2. DXYO - US Dollar Index has tapped and bounced off a supply zone with an odds enhancement level of 81.0.

3. GSPC - SP-500 Index has tapped and bounced off a demand zone.

4. FDAC-X, DAX dropped below 7.1000 and right below it is a demand zone with an odds enhancement level - 7.0000

Happy Trades,
fxstir
golden stars my friend...that's why is good to trade like team
  • #3,391
  • Nov 10, 2012 10:59pm Nov 10, 2012 10:59pm
Quoting Julexo
golden stars my friend...that's why is good to trade like team
Thank you Julexo. I think we have a great team.

Here are a couple of pairs with interesting PA.

1. cad:jpy h4 - the pink line is the 200 day moving average

2. usd:cad h4 - one thing about this pair is that it always returns to parity.

Happy Trades,
fxstir
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 110912 usdcad h4.gif Size: 22 KB
  • #3,392
  • Nov 10, 2012 11:15pm Nov 10, 2012 11:15pm
Quoting fxstir
Thank you Julexo. I think we have a great team.

Here are a couple of pairs with interesting PA.

1. cad:jpy h4 - the pink line is the 200 day moving average

2. usd:cad h4 - one thing about this pair is that it always returns to parity.

Happy Trades,
fxstir
how many pairs you following?

usd cad looks for me that little higher still free pips left..monday we will c pa instruction,,,
  • #3,393
  • Nov 10, 2012 11:27pm Nov 10, 2012 11:27pm
pound waiting for lifting up...
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  • #3,394
  • Nov 10, 2012 11:28pm Nov 10, 2012 11:28pm
Quoting Julexo
how many pairs you following?

usd cad looks for me that little higher still free pips left..monday we will c pa instruction,,,
Yes, will wait to see direction on usd:cad.

I trade eur:usd, aud:usd, gbp:usd, usd:cad. I also like nzd:usd and aud:nzd, not that I trade them very often. And, occasionally I look at other pairs to include the exotics. The PA on cad:jpy looks very interesting. It has been in this range since last August.

I trade commodities long term. I'm long natural gas and short base metals.

Happy Trades,
fxstir
  • #3,395
  • Nov 10, 2012 11:30pm Nov 10, 2012 11:30pm
Quoting Julexo
pound waiting for lifting up...
Yes, I was just looking at this too. :-)

I forgot to mention that I like options. I looked at the market 3 weeks ago and was considering buying puts on the s&p or perhaps an inverse etf but I've been so busy with my renovation project that I didn't get around to it. If there is one thing I have learned it is that there will always be another trade setup - always.

It's great to share ideas with you. I am off to bed to get some much needed zzzzz.

Have a great rest of the weekend,
fxstir
  • #3,396
  • Nov 10, 2012 11:31pm Nov 10, 2012 11:31pm
Quoting fxstir
Yes, will wait to see direction on usd:cad.

I trade eur:usd, aud:usd, gbp:usd, usd:cad. I also like nzd:usd and aud:nzd, not that I trade them very often. And, occasionally I look at other pairs to include the exotics. The PA on cad:jpy looks very interesting. It has been in this range since last August.

I trade commodities long term. I'm long natural gas and short base metals.

Happy Trades,
fxstir
I like those first 3...last couple months more times hitting just euro...
  • #3,397
  • Nov 10, 2012 11:32pm Nov 10, 2012 11:32pm
Quoting fxstir
Yes, I was just looking at this too. :-)

It's great to share ideas with you. I am off to bed to get some much needed zzzzz.

Have a great rest of the weekend,
fxstir
c ya leter mate...
  • #3,398
  • Nov 10, 2012 11:53pm Nov 10, 2012 11:53pm
Quoting Julexo
c ya leter mate...
Thanks Julexo,

I should mention that I started trading fx with eur:usd 4 years ago. I really liked trading it when Jean Claude Trichet was the head of the ECB. He was a hawk and I could always read his tone and inflections when he held press conferences. It was easier to trade that pair back then. I don't trust Drahgi at all and believe he will spend money like a drunken sailor. Come to think of it, I think Ben Bernake and Timmy Geitner were in the navy too (smirk). The euro has gone the way of the usd and the jpy. I call these the ghost currencies.

Happy Trades,
fxstir
  • #3,399
  • Nov 11, 2012 12:18am Nov 11, 2012 12:18am
Quoting fxstir
Thanks Julexo,

I should mention that I started trading fx with eur:usd 4 years ago. I really liked trading it when Jean Claude Trichet was the head of the ECB. He was a hawk and I could always read his tone and inflections when he held press conferences. It was easier to trade that pair back then. I don't trust Drahgi at all and believe he will spend money like a drunken sailor. Come to think of it, I think Ben Bernake and Timmy Geitner were in the navy too (smirk). The euro has gone the way of the usd and the jpy. I call these the ghost...
market will always react how it wishes.
forexpillariscipline & patience Trader
  • #3,400
  • Nov 11, 2012 5:52am Nov 11, 2012 5:52am
Love this thread, very good traders here. from witch I can learn allot...
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