The Club! | Page 108 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Help Me Establish The GbpUsd After Dinner Club 40 replies

Attachments: The Club!
Exit Attachments

The Club!

  • #2,141
  • Jul 24, 2013 3:33am Jul 24, 2013 3:33am
A downward break of 1.5341 will get us to 1.5237 (200EMA) and might be the end of this long correction down to 1.42s (which, in my opinion, is unlikely since it has to satisfy the daily or weekly levels first).

On the upside, I'm looking to short at 1.5438 (daily 200EMA); if breached, 1.5531 (weekly 55EMA).

(lots of thanks to Fini for sharing his helpful insight on this pair when he started shorting at 1.5720s about a month ago ).
Lost....
  • #2,142
  • Jul 24, 2013 3:35am Jul 24, 2013 3:35am
Quoting godim
{quote} Again, the discussion of cause and consequence. For me, the reason is the line that I drew, and the effect that has had resistance. That was yesterday. Today, the level is 5419 atm. Support is 5344. http://www.forexfactory.com/showthre...46#post6841046
On the chart.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 79 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,143
  • Jul 24, 2013 3:41am Jul 24, 2013 3:41am
Quoting godim
{quote} On the chart. {image}

Yeah totally agree with you. My target is also there.
  • #2,144
  • Jul 24, 2013 3:44am Jul 24, 2013 3:44am
eur/usd H4
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 110 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,145
  • Jul 24, 2013 3:58am Jul 24, 2013 3:58am
I have resistance @ 3240 (now) and 3317.

A test a the recent high (if) will give me an idea of the strength of the bulls.

At the moment looks like a spike and ledge.
Wherever you go, there you are.
  • #2,146
  • Jul 24, 2013 4:01am Jul 24, 2013 4:01am
CHFJPY, Daily, 2013 July 24
The daily divergence seems for me a risk worth to invest in this market again.
Short @ 106.93, Target @ 103.20 (+3.7%)

Be aware: Weekly & monthly could go further up (~108.70 - 110) (-1.7% - -3%)
The rest seems to be money management. In this case money management could represent 80% of the success.

I will do more investments into short within 108-110 if the market price should reached this price area.
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPY, Daily, 2013 July 24.jpg Size: 136 KB
  • #2,147
  • Jul 24, 2013 4:04am Jul 24, 2013 4:04am
Quoting Forexcube
CHFJPY, Daily, 2013 July 24 The daily divergence seems for me a risk worth to invest in this market again. Short @ 106.93, Target @ 103.20 (+3.7%) Be aware: Weekly & monthly could go further up (~108.70 - 110) The rest is money management. {image}
Neat. I am following. Your SL?
Wherever you go, there you are.
  • #2,148
  • Jul 24, 2013 4:05am Jul 24, 2013 4:05am
Quoting godim
{quote} On the chart. {image}
Now has support at 5341. For the next four hours.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 75 KB

Attached Image
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,149
  • Jul 24, 2013 4:13am Jul 24, 2013 4:13am
Quoting milam
I have resistance @ 3240 (now) and 3317. A test a the recent high (if) will give me an idea of the strength of the bulls. At the moment looks like a spike and ledge.
eur/usd M15

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 65 KB

Attached Image (click to enlarge)
Click to Enlarge Name: TABLICA_04.png Size: 17 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,150
  • Jul 24, 2013 4:20am Jul 24, 2013 4:20am
Quoting milam
I have resistance @ 3240 (now) and 3317. A test a the recent high (if) will give me an idea of the strength of the bulls. At the moment looks like a spike and ledge.
resistance 3245 IMO - pink line

Attached Image (click to enlarge)
Click to Enlarge Name: TABLICA_04.png Size: 17 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,151
  • Jul 24, 2013 4:23am Jul 24, 2013 4:23am
Quoting godim
{quote} resistance 3245 IMO - pink line {image}
daily chart
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 77 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,152
  • Jul 24, 2013 4:42am Jul 24, 2013 4:42am
Quoting godim
{quote} daily chart {image}
Thank you for you chart Godim, very informative, I always look at them.
Wherever you go, there you are.
  • #2,153
  • Jul 24, 2013 4:42am Jul 24, 2013 4:42am
Quoting godim
{quote} daily chart {image}
Yes. I understand that we do not understand.
First as a way of thinking about the market
and secondly the translation.
For that I will post only one chart per day. :nerd:
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,154
  • Jul 24, 2013 5:00am Jul 24, 2013 5:00am
Quoting godim
{quote} Yes. I understand that we do not understand. First as a way of thinking about the market and secondly the translation. For that I will post only one chart per day. :nerd:
Does not matter if we cannot understand each other sometime, at least we are trying and with grace.

I do not know much, but the little I know is that absolute truths does not exist, what exist in my view is what does works for us specially in a beneficiary way, also what will work for me does nor necessary work for others because we all perceive things in a different way.

What we can do is learn from each other to reinforce our personal style.

You have to admit tough that 5389 is this case acted as a real resistance.

Looking forward of more of your interpretations.

EDIT: English is also not my first language.
Wherever you go, there you are.
  • #2,155
  • Jul 24, 2013 5:18am Jul 24, 2013 5:18am
This is what I see, an ABCD pattern, prices reached 1.27 of BC and 78.6 of a larger leg, prices at this confluence stopped after a speedy drop (8 bearish bars).

Because of this movement personally I would not buy, but I would wait to a retest of the recent low and the Pa would guide me if I have a an edge on probability.

But I am done for the day.
Attached Image (click to enlarge)
Click to Enlarge Name: 3.png Size: 18 KB
Wherever you go, there you are.
  • #2,156
  • Jul 24, 2013 5:29am Jul 24, 2013 5:29am
Quoting milam
{quote} Does not matter if we cannot understand each other sometime, at least we are trying and with grace. I do not know much, but the little I know is that absolute truths does not exist, what exist in my view is what does works for us specially in a beneficiary way, also what will work for me does nor necessary work for others because we all perceive things in a different way. What we can do is learn from each other to reinforce our personal style. You have to admit tough that 5389 is this case acted as a real resistance. Looking forward of more...
I agree.
But when you understand the market, see what he wants and how he will achieve it, you will be able to cut a bigger piece of the pie.

http://www.forexfactory.com/showthre...33#post6822933

I really have problems with the translation and would like to stop this discussion.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,157
  • Jul 24, 2013 6:48am Jul 24, 2013 6:48am
trying a short here

2/10 short @ 3246
  • #2,158
  • Jul 24, 2013 7:07am Jul 24, 2013 7:07am
Quoting infinitus
trying a short here 2/10 short @ 3246
Hi Markus,why do u decide to short EU here?
I think it will be much more better if you add your comment or reason accomplish with your trades!
  • #2,159
  • Jul 24, 2013 7:12am Jul 24, 2013 7:12am
Good afternoon everyone I've been posting every day that this mini sp500 climbs control bulls. The Bears come into action at the touch of 1770,1772,1773. again if they see my posts about it all this mini sp500 several graphs of how I've come to talk a good afternoon and good business.
  • #2,160
  • Jul 24, 2013 7:15am Jul 24, 2013 7:15am
Quoting kaka_ht
{quote} Hi Markus,why do u decide to short EU here? I think it will be much more better if you add your comment or reason accomplish with your trades!

a) multiple divergences
b) look at the Stochs on MTF
c) Murrey math - may try 3260-3275, that is the risk, I think
d) price pattern (EW)
e) MTF MMSMP; 15, 1h and 4h in the +2SD range
f) ever declining volume (tick volume)
6 traders viewing now