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  • #181
  • May 12, 2013 11:31pm May 12, 2013 11:31pm
Hi

I hope your trading is good.

Aud had some troubles and Gbp is also struggling.
GbpAud will be funny to follow.

If Gbp get mucher weaker then GbpAud will need to follow and GA is late. So ?
  • #182
  • May 13, 2013 3:01am May 13, 2013 3:01am
What is GA?
Spinner 'Tis in the Waiting.....
  • #183
  • May 13, 2013 4:49am May 13, 2013 4:49am
Spinn. Lazy me wrote GA when I thinked about GbpAud.

Sorry ...
  • #184
  • May 13, 2013 4:52am May 13, 2013 4:52am
By the looks of it, at this stage I would say aussie is leading the GBP-AUD pair.....?
Spinner 'Tis in the Waiting.....
  • #185
  • May 14, 2013 6:14am May 14, 2013 6:14am
The Green line on this chart is intressting.
The Red line is a region I will add on my trades if we see power.

UK and Euro news tomorrow so maybe bumpy moves ahead
Attached Image (click to enlarge)
Click to Enlarge Name: GU-2013May14.png Size: 60 KB
  • #186
  • May 15, 2013 6:56am May 15, 2013 6:56am
Two things I wonder.

1. Can you elaborate a little bit on the trend line discussion from earlier. How early can you establish the trendline. Have you already one drawn for this down movement in Cable
2. the green line is that taken from previous lows on the monthly?

Quoting seykota
The Green line on this chart is intressting. The Red line is a region I will add on my trades if we see power. UK and Euro news tomorrow so maybe bumpy moves ahead {image}
  • #187
  • May 15, 2013 8:48am May 15, 2013 8:48am
Hi everybody !
Gu move between 5248 - 5197

Watch up something is going to come out from this range. Gu is warming up for something !!!
  • #188
  • Edited May 16, 2013 1:01am May 15, 2013 10:00am | Edited May 16, 2013 1:01am
Quoting TheSwede
Two things I wonder. 1. Can you elaborate a little bit on the trend line discussion from earlier. How early can you establish the trendline. Have you already one drawn for this down movement in Cable {quote}
Yes I have already TL on downtrend for GU.
TL are here to give us informations of the moves. I do not know when it is to early sorry.
Put trendlines and see if market use them.
Drawing the TL during the moves you will see if market use them. Draw them after you will use "wicks" as moves

On GU I use h1 for TL right now. H4 or D1 do not provide any TL. That's tell me market have not test a pullback yet so the downtrend have not been comfirmed yet as downtrend.

One question to you. ( All readers )

1- Where do I draw the TL on an uptrend and one downtrend. Over or under the trend ?



P.S
Green line comes from price congestions I see on my trading platforms.
Attached Image (click to enlarge)
Click to Enlarge Name: GU-2013May15.png Size: 35 KB
  • #189
  • May 16, 2013 4:09am May 16, 2013 4:09am
That a question with a trick in it?

I draw them as i feel they reflect the trend best and will give me info when they get broken. Mostly I don't s=use the first highs in a downtrend or lows in an uptrend, cause they always seem to go a bit too far away from the trand they rpoduce.

Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 37 KB
Spinner 'Tis in the Waiting.....
  • #190
  • May 16, 2013 8:33am May 16, 2013 8:33am
Do you expect this to be a bearish or bullish move? And if bullish will you take profit or wait for more down?

Quoting seykota
Hi everybody ! Gu move between 5248 - 5197 Watch up something is going to come out from this range. Gu is warming up for something !!!
  • #191
  • May 16, 2013 10:01am May 16, 2013 10:01am
Hi,

I think the market answer before I did.

My trades from top is still in my books.
My Fat fingers trade are closed



Quoting TheSwede
Do you expect this to be a bearish or bullish move? And if bullish will you take profit or wait for more down? {quote}
  • #192
  • May 17, 2013 6:24am May 17, 2013 6:24am
Yeap that's true. Took partial at 1.522.

Starting to look at AUD pairs
Here is what I see in AUD/USD.
Missed anything?

Attached Image (click to enlarge)
Click to Enlarge Name: AudUsdWeekly.png Size: 42 KB


Quoting seykota
Hi, I think the market answer before I did. My trades from top is still in my books. My Fat fingers trade are closed {quote}
  • #193
  • May 17, 2013 7:49am May 17, 2013 7:49am
Quoting TheSwede
Yeap that's true. Took partial at 1.522. Starting to look at AUD pairs Here is what I see in AUD/USD. Missed anything? {image} {quote}
Funny you talk about AUD because Aussie Dollar is the next on my hit list.

In bold you see the big traders positions waiting to get in action. (AudUsd)

Sellers 0.9765,0.9785,0.9800,0.9830,0.9850,0.9880,0.9900
Buyers 0.9720,0.9700,0.9670,0.9650,0.9600

When AUD get strong again then you can try to catch one ride to big sellers

Right now I want to see how AUD react on strong USD.
Like do AUDUSD move quicker or slower then EURUSD / USDJPY / GBPUSD ( The Big 4 )

GBP/USD and AUD/JPY are 2 to watch closely when AUD get power

Enjoy your day.

/Sey

P.S
1-Nice you took GU trades.
2-I'm back on fat fingers trade with my friends.
  • #194
  • May 17, 2013 7:54am May 17, 2013 7:54am
Small Question to you ?

Which timeframe do you watch most often ?

I know you watch most tf of course ( Or I hope you do )
  • #195
  • May 17, 2013 7:55am May 17, 2013 7:55am
Had lunch with an acquaintance today. We talked about it...

Quoting seykota
{quote} Funny you talk about AUD because Aussie Dollar is the next on my hit list. In bold you see the big traders positions waiting to get in action. (AudUsd) Sellers 0.9765,0.9785,0.9800,0.9830,0.9850,0.9880,0.9900 Buyers 0.9720,0.9700,0.9670,0.9650,0.9600 When AUD get strong again then you can try to catch one ride to big sellers Right now I want to see how AUD react on strong USD. Like do AUDUSD move quicker or slower then EURUSD / USDJPY / GBPUSD ( The Big 4 ) GBP/USD and AUD/JPY are 2 to watch closely when AUD get power Enjoy your day....
  • #196
  • May 17, 2013 8:00am May 17, 2013 8:00am
You mean talked about AUD ? or about Enjoy your day ?

Well I talked about AUD with ppl I know.

Where do you live ?

Quoting TheSwede
Had lunch with an acquaintance today. We talked about it... {quote}
  • #197
  • May 17, 2013 8:01am May 17, 2013 8:01am
Most often daily and hourly.

I don't day trade because I don't have time or patient to look at charts all day.
I always try to go with the trend (on the daily), just because its easier.

In the evening looking through pairs and try to find resistance/fibs and trendlines (hourly and higher timeframes).

After I find a setup I look at lower tf for entry.

Quoting seykota
Small Question to you ? Which timeframe do you watch most often ? I know you watch most tf of course ( Or I hope you do )
  • #198
  • May 17, 2013 8:05am May 17, 2013 8:05am
PM:ed you

Quoting seykota
You mean talked about AUD ? or about Enjoy your day ? Well I talked about AUD with ppl I know. Where do you live ? {quote}
  • #199
  • May 17, 2013 8:14am May 17, 2013 8:14am
Quoting seykota
{quote} Funny you talk about AUD because Aussie Dollar is the next on my hit list. In bold you see the big traders positions waiting to get in action. (AudUsd) Sellers 0.9765,0.9785,0.9800,0.9830,0.9850,0.9880,0.9900 Buyers 0.9720,0.9700,0.9670,0.9650,0.9600 When AUD get strong again then you can try to catch one ride to big sellers Right now I want to see how AUD react on strong USD. Like do AUDUSD move quicker or slower then EURUSD / USDJPY / GBPUSD ( The Big 4 ) GBP/USD and AUD/JPY are 2 to watch closely when AUD get power Enjoy your day....
Short signal on GAU for me ..
Do we test the water. Jeah !
  • #200
  • May 17, 2013 8:26am May 17, 2013 8:26am
Quoting TheSwede
Most often daily and hourly. I don't day trade because I don't have time or patient to look at charts all day. I always try to go with the trend (on the daily), just because its easier. In the evening looking through pairs and try to find resistance/fibs and trendlines (hourly and higher timeframes). After I find a setup I look at lower tf for entry. {quote}

I watch last 5 min on h1 candle formation.

H1 is my main TF
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