Spider's Den | Page 792 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: Spider's Den
Exit Attachments

Spider's Den

  • #15,821
  • Nov 15, 2012 2:53am Nov 15, 2012 2:53am
Quoting T@rantula
Watch RSI guys. Its the best leading indicator ever. Remember..contrary to many opinions i will tell ya. RSI is NOT OB/OS indicator.

RSI range between 60 and 20 is considered BEARISH and between 80 and 40 is bullish. We had a range shift yesterday, Ill post that later.
Morning T..
EURUSD H4 RSI range shifted?

Attached Image (click to enlarge)
Click to Enlarge Name: capture-20121115-084659 EU H4 RSI Shift.png Size: 24 KB
  • #15,822
  • Nov 15, 2012 3:01am Nov 15, 2012 3:01am
Quoting egkid
Morning T
I wait this 1h close above 2755 to confirm my long view e/u
2750 well bulls in control very possible to see 2820 today

I will b watching
C u later
  • #15,823
  • Nov 15, 2012 3:20am Nov 15, 2012 3:20am
Quoting egkid
2750 well bulls in control very possible to see 2820 today

I will b watching
C u later
Quoting egkid
Morning T
I wait this 1h close above 2755 to confirm my long view e/u
Hey Eg

And CND yes the range has shifted so we can see 2820 indeed.
  • #15,824
  • Nov 15, 2012 3:35am Nov 15, 2012 3:35am
Quoting T@rantula
Hey Eg

And CND yes the range has shifted so we can see 2820 indeed.
Thanks T..

add long 1.2762..

Attached Image (click to enlarge)
Click to Enlarge Name: capture-20121115-093226 EU M15.png Size: 36 KB
  • #15,825
  • Nov 15, 2012 5:17am Nov 15, 2012 5:17am
USDX approaching 50% @ 81.35
Attached Image (click to enlarge)
Click to Enlarge Name: usdx 111512 d.gif Size: 15 KB
  • #15,826
  • Nov 15, 2012 9:47pm Nov 15, 2012 9:47pm
Long GBPCHF 1.4955.. Good RR with tight stop..
@Daily & Weekly supports.. H1 RSI Range shifted.. resolving H4 divergence, pending H4 RSI range shift..

Attached Image (click to enlarge)
Click to Enlarge Name: capture-20121116-034123 GBPCHF H1.png Size: 17 KB
  • #15,827
  • Nov 15, 2012 11:42pm Nov 15, 2012 11:42pm
Quoting cdndollar
Long GBPCHF 1.4955.. Good RR with tight stop..
@Daily & Weekly supports.. H1 RSI Range shifted.. resolving H4 divergence, pending H4 RSI range shift..

Attachment
Reckon u on monie CDN.. 4 hr and 1 hr raw look bottomish to me..1hr looks counter on.. if me would have loose stop.. under low.. give time to breath.. just my opn of course..
  • #15,828
  • Nov 15, 2012 11:53pm Nov 15, 2012 11:53pm
Quoting danc
Reckon u on monie CDN.. 4 hr and 1 hr raw look bottomish to me..1hr looks counter on.. if me would have loose stop.. under low.. give time to breath.. just my opn of course..
morning dan.. thank you for your view..
Looks like there good demand here in front of 1.49 with dips being brought spanning the lower time-frames.. potential inverse SHS being painted by D1 for a return up to 1.51..
  • #15,829
  • Nov 16, 2012 1:27am Nov 16, 2012 1:27am
Quoting cdndollar
Long GBPCHF 1.4955.. Good RR with tight stop..
@Daily & Weekly supports.. H1 RSI Range shifted.. resolving H4 divergence, pending H4 RSI range shift..

Attachment
stop @+1
Attached Image (click to enlarge)
Click to Enlarge Name: capture-20121116-034123 GBPCHF H1 2.png Size: 23 KB
  • #15,830
  • Nov 16, 2012 1:35am Nov 16, 2012 1:35am
Long NZUSD .8100.. 38 pip stop
Attached Image (click to enlarge)
Click to Enlarge Name: capture-20121116-073246 NZUSD M5.png Size: 28 KB
  • #15,831
  • Nov 16, 2012 1:46am Nov 16, 2012 1:46am
Good morning all!

Great trading CND, Danc also

Today we must be careful. As we saw yesterday EU has played out 4h inverse head and shoulders. It already might have come to the target, so we can expect some downward movement.

Only if 2800 is broken we can expect 2840. I may be looking to short around 2785 with 15 point stop, targeting 2720
  • #15,832
  • Nov 16, 2012 1:56am Nov 16, 2012 1:56am
Quoting T@rantula
Good morning all!

Great trading CND, Danc also

Today we must be careful. As we saw yesterday EU has played out 4h inverse head and shoulders. It already might have come to the target, so we can expect some downward movement.

Only if 2800 is broken we can expect 2840. I may be looking to short around 2785 with 15 point stop, targeting 2720
Morning T.. thanks
Looks like Cable is coming alive here.. it's a 3 way foxtrot line dance here between Euro EURGBP & GBP..
Euro should do fine with EURGBP maintaining a side to up bias above .8020 while Cable shoot for the 1.59 moon..
  • #15,833
  • Nov 16, 2012 2:20am Nov 16, 2012 2:20am
Aussie 4 hr.. long this from 1.0310
Attached Image (click to enlarge)
Click to Enlarge Name: aussie.jpg Size: 143 KB
  • #15,834
  • Nov 16, 2012 2:21am Nov 16, 2012 2:21am
Quoting cdndollar
Long GBPCHF 1.4955.. Good RR with tight stop..
@Daily & Weekly supports.. H1 RSI Range shifted.. resolving H4 divergence, pending H4 RSI range shift..

Attachment
Well called.. CDN
  • #15,835
  • Nov 16, 2012 4:38am Nov 16, 2012 4:38am
Quoting T@rantula
Good morning all!

Great trading CND, Danc also

Today we must be careful. As we saw yesterday EU has played out 4h inverse head and shoulders. It already might have come to the target, so we can expect some downward movement.

Only if 2800 is broken we can expect 2840. I may be looking to short around 2785 with 15 point stop, targeting 2720
2720 levels reached , but i missed the entry as we got to 2760 instead of 2785 on initial spike.

Ill be here until 16gmt so Ill try to catch some move later again, ill post the analysis.

For counter trends swing scalps, keep an eye on 2705 and 2680.
  • #15,836
  • Nov 16, 2012 4:46am Nov 16, 2012 4:46am
Quoting T@rantula
2720 levels reached , but i missed the entry as we got to 2760 instead of 2785 on initial spike.

Ill be here until 16gmt so Ill try to catch some move later again, ill post the analysis.

For counter trends swing scalps, keep an eye on 2705 and 2680.
all ones i watch just gobbly gook.. at mo.. waste of bldy tyme..i come have another look later..
  • #15,837
  • Nov 16, 2012 10:52am Nov 16, 2012 10:52am
Quoting cdndollar
Long GBPCHF 1.4955.. Good RR with tight stop..
@Daily & Weekly supports.. H1 RSI Range shifted.. resolving H4 divergence, pending H4 RSI range shift..

Attachment
stop @+28 pips.. target for a return to the S/T range high @1.51..

NZDUSD long stopped out..

IMHO the EURUSD corrective break from 1.2850 had attracted additional M/T liquidity to sustain the M/T up trend from July for another probe up to the 1.31~1.32 zones before printing sub 1.2650..
1.2720~1.2650 is an strong L/T confluence support zone dating back to 2008 with an inverse SHS being painted in the Weekly chart..
S/T, Looks like some M/T bulls who missed the boat down @1.2680~50 are buying here in-front 1.27..

infinitus..
Good call for extension up to 1.2798 & retest of 1.2695..

Have a great w/e..
  • #15,838
  • Nov 16, 2012 2:22pm Nov 16, 2012 2:22pm
Quoting cdndollar
stop @+28 pips.. target for a return to the S/T range high @1.51..

NZDUSD long stopped out..

IMHO the EURUSD corrective break from 1.2850 had attracted additional M/T liquidity to sustain the M/T up trend from July for another probe up to the 1.31~1.32 zones before printing sub 1.2650..
1.2720~1.2650 is an strong L/T confluence support zone dating back to 2008 with an inverse SHS being painted in the Weekly chart..
S/T, Looks like some M/T bulls who missed the boat down @1.2680~50 are buying here in-front 1.27..

infinitus..
Good call...
Hi CDN,

thank you very much.


Right now I am not sure, where we are heading next. Have to do a bit more analyses over the next hours or weekend. I will post the results later here.

Very nice people here in this fine thread. It is nice to come here every here and then. Over the last year or so I backed the wrong person here in FF and lost many contacts to nice people in FF. Sometimes my judgment sucks when it comes to people and their intentions. But well, lesson learned..........

Nice to be here :-)


Have all a nice weekend,


Markus
  • #15,839
  • Nov 16, 2012 6:30pm Nov 16, 2012 6:30pm
Quoting cdndollar
stop @+28 pips.. target for a return to the S/T range high @1.51..

NZDUSD long stopped out..

IMHO the EURUSD corrective break from 1.2850 had attracted additional M/T liquidity to sustain the M/T up trend from July for another probe up to the 1.31~1.32 zones before printing sub 1.2650..
1.2720~1.2650 is an strong L/T confluence support zone dating back to 2008 with an inverse SHS being painted in the Weekly chart..
S/T, Looks like some M/T bulls who missed the boat down @1.2680~50 are buying here in-front 1.27..

infinitus..
Good call...
Very good CND, I will look into more depth analysis during the weekend.
  • #15,840
  • Nov 16, 2012 6:36pm Nov 16, 2012 6:36pm
Quoting infinitus
Hi CDN,

thank you very much.


Right now I am not sure, where we are heading next. Have to do a bit more analyses over the next hours or weekend. I will post the results later here.

Very nice people here in this fine thread. It is nice to come here every here and then. Over the last year or so I backed the wrong person here in FF and lost many contacts to nice people in FF. Sometimes my judgment sucks when it comes to people and their intentions. But well, lesson learned..........

Nice to be here :-)


Have all a nice weekend,


Markus...

Hey Markus, Im very glad you are back as you are one of the nicest persons i've met here. You are always welcome as you are: 1. Good and kind person 2. Very good EW analyst and trader.

We both know who the person is and its good we dont have to deal with him anymore. Better late then never
38 traders viewing now