Fail Better | Page 245 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

A better Editor for mql is available. 100x better than MetaEditor 20 replies

Broker needs to do better, much better 4 replies

Better momentum and better Sine wave indicator 0 replies

Mathematical reasons why MOST DayTraders & scalpers fail? 197 replies

Is Better still better? 1 reply

Attachments: Fail Better
Exit Attachments

Fail Better

  • #4,881
  • Dec 18, 2012 2:51pm Dec 18, 2012 2:51pm
Quoting sam0182
Nice charts Karl.
Thanks
  • #4,882
  • Dec 18, 2012 2:56pm Dec 18, 2012 2:56pm
Quoting DaGrizlyBull
Hey. I would expect price to hit this area before shooting down..it seems like a major PPZ and it was Support a couple of times last (+ a Supply Zone Drop Base Drop, but irrelevant for this thread).

Attachment

Regarding your SFP question, i don't think this is a good place for an SFP in my opinion.
It should be a clear place for other traders to either a) place their stops or b) go long on a breakout . It isn't such a clear big swing or a consolidation so that other traders do those 2 things.

Other guys, feel free to comment on...
GBP/NZD

indeed a great area, i have an order since a few days there...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd.gif Size: 53 KB
  • #4,883
  • Dec 18, 2012 3:36pm Dec 18, 2012 3:36pm
Don't know how you guys trade these pairs with such huge spreads.
  • #4,884
  • Dec 18, 2012 7:13pm Dec 18, 2012 7:13pm
another nice one coming on eur/nzd...
Attached Image (click to enlarge)
Click to Enlarge Name: enzd.png Size: 33 KB
  • #4,885
  • Dec 18, 2012 9:09pm Dec 18, 2012 9:09pm
For anyone up late tonight, EU testing April high area, could see a breakout or a retest here. 200sma down angle, 100sma up angle. I'm wondering if it will bounce or not. Asia session setting things up for a big move tomorrow?
Attached Image (click to enlarge)
Click to Enlarge Name: testingarea.gif Size: 66 KB
  • #4,886
  • Dec 19, 2012 4:18am Dec 19, 2012 4:18am
GbpNzd failed.
  • #4,887
  • Dec 19, 2012 4:44am Dec 19, 2012 4:44am
Its almost 100% negatively correlated with nzd/usd which is showing quite a down move.
  • #4,888
  • Dec 19, 2012 5:04am Dec 19, 2012 5:04am
Quoting daveone
Its almost 100% negatively correlated with nzd/usd which is showing quite a down move.
I'm planning to buy it on the 0.8351 level, but i don't have too much confidece after the GbpNzd.
  • #4,889
  • Dec 19, 2012 5:07am Dec 19, 2012 5:07am
Quoting KarlfromHU
GbpNzd failed.
I wouldn't be looking for swing shorts on this pair until quite a bit higher.
Attached Image (click to enlarge)
Click to Enlarge Name: gn.gif Size: 27 KB
  • #4,890
  • Dec 19, 2012 5:08am Dec 19, 2012 5:08am
Quoting KarlfromHU
GbpNzd failed.
Markets are driven by Santa this days, its better to call it a year , enjoy the holidays and not to trade
  • #4,891
  • Dec 19, 2012 5:09am Dec 19, 2012 5:09am
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD 2012-12-19.jpg Size: 74 KB
  • #4,892
  • Dec 19, 2012 5:15am Dec 19, 2012 5:15am
Quoting C-12
I wouldn't be looking for swing shorts on this pair until quite a bit higher.
Hello C12!

I appreciate your comment, but i don't understand exactly what's the logic behind it. Can you explain with more details?

Thank you!
  • #4,893
  • Dec 19, 2012 5:19am Dec 19, 2012 5:19am
Quoting KarlfromHU
Hello C12!

I appreciate your comment, but i don't understand exactly what's the logic behind it. Can you explain with more details?

Thank you!
Sure, price had only recently just took a turn off a daily demand level so it's probably heading quite a bit higher up.

Also worth looking at the GBP against the USD and the NZD against the USD. NZD looking much weaker.
Attached Image (click to enlarge)
Click to Enlarge Name: gnd.gif Size: 29 KB
  • #4,894
  • Dec 19, 2012 5:23am Dec 19, 2012 5:23am
Quoting Quidsey
Attachment
Heh. Nice chart! Was looking at this the other days. Great shorting opportunities! :
I don't need easy. I just need possible.
  • #4,895
  • Dec 19, 2012 5:36am Dec 19, 2012 5:36am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 2012-12-19.jpg Size: 71 KB


I know it's 3rd time back but if it does SFP could see it retrace to 6270 before it breaks through this resistance.

Obviously a long if it breaks.
  • #4,896
  • Dec 19, 2012 6:17am Dec 19, 2012 6:17am
Buy NZD/SGD? Retest of daily level.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdsgd.gif Size: 21 KB
  • #4,897
  • Dec 19, 2012 6:29am Dec 19, 2012 6:29am
Quoting kl1968
Buy NZD/SGD? Retest of daily level.

Looks fine to me. But I dont have any experience with these exotics. Please update us how it worked out !
  • #4,898
  • Dec 19, 2012 7:05am Dec 19, 2012 7:05am
retest?
Attached Image (click to enlarge)
Click to Enlarge Name: eur gbp.gif Size: 14 KB
  • #4,899
  • Dec 19, 2012 9:12am Dec 19, 2012 9:12am
Quoting sam0182
another nice one coming on eur/nzd...
Busted. On to the next.
Attached Image (click to enlarge)
Click to Enlarge Name: enzd blasted.png Size: 32 KB
  • #4,900
  • Dec 19, 2012 9:17am Dec 19, 2012 9:17am
Quoting pex
retest?
Looks good to me
3 traders viewing now