The Club! | Page 296 | 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!

  • #5,901
  • Aug 25, 2013 8:40am Aug 25, 2013 8:40am
Quoting infinitus
b) do not use divergence as the sole factor for a trade. Look for divergences around S/R (if there is no meaningful S/R - do not take the trade) It is up to your discretion how to determine the S/R. {quote}


My sentiments exactly!
FXcube
  • #5,902
  • Aug 25, 2013 9:41am Aug 25, 2013 9:41am
Hi,
you made me pull over while driving...lol
no I am not getting you wrong, hope you are not getting me wrong either.😄

Ok let's leave this topic , lets just trade using whatever method and make $$$€ŁĄ.

ok back to driving
Take care.


Quoting infinitus
Good morning Raza, there you have understood me wrong - I have no issues with trading the divergences. In fact that is one of my key concepts to take a trade. But I have been around long enough to have witnessed, that there are, from time to time, very long lasting divergences. I have seen divergences on e.g. 1h TF, that went 150 pips against me, and when price came back, it creped very slowly sideways with small back and forth, in this way recharging momentum, and my BE was never met, infact the loss was around 100 pips. This only for example....
Markets are not Random, they are designed!
  • #5,903
  • Aug 25, 2013 12:08pm Aug 25, 2013 12:08pm
Pulled from another thread but may be worth adding here:

http://www.forexlive.com/blog/2013/0...he-government/

Keeps Italian finances & economy off the front pages but puts continued, & very much needed, reform on hold again while they clear this mess up (yes, another one!). EZ 3rd biggest economy & they can barely keep a government together.
  • #5,904
  • Aug 25, 2013 12:44pm Aug 25, 2013 12:44pm
Quoting Delta1One
{quote} Lol Is there any autopilot mode available?
As I said earlier, there are hundreds if not thousands of robots out there for MT4 which are available for a very small fraction of the MTI costs (if not free) which can be used to manage trades which you have already entered manually. Most of them even provide the signals for when to enter so you don't have to keep looking for a good trade... just set your audible/email alerts and go do what pleases you.

I won't recommend any specific ones, but a google search should turn up quite a few.
Those who say it cannot be done should not interrupt those who are doing it
  • #5,905
  • Aug 25, 2013 12:54pm Aug 25, 2013 12:54pm
Quoting Sober_Colm
Pulled from another thread but may be worth adding here: http://www.forexlive.com/blog/2013/0...he-government/ Keeps Italian finances & economy off the front pages but puts continued, & very much needed, reform on hold again while they clear this mess up (yes, another one!). EZ 3rd biggest economy & they can barely keep a government together.
Political posturing. Nobody is actually going to bring down the government, for if they do and it throws a wrench in the wheels of their fiscal reforms, the culprits who brought down the government can kiss their political career goodbye... and the Mafia that is the EU Commission will make sure of it... Just like they made sure that the Irish voters voted yes to the ratification of changes made to the EU treaty, and just like they made sure that Berlusconi resigned as PM, and just like they made sure the Greek gov voted for the tough reforms they had to implement... and just like they made sure the Russian depositors in Cypriot banks lost all their savings over €100,000
Those who say it cannot be done should not interrupt those who are doing it
  • #5,906
  • Aug 25, 2013 1:04pm Aug 25, 2013 1:04pm
Good Data But Don't Fight The Central Banks: Outlooks For EUR & GBP - HSBC
http://www.efxnews.com/story/20374/g...s-eur-gbp-hsbc
Those who say it cannot be done should not interrupt those who are doing it
  • #5,907
  • Aug 25, 2013 2:48pm Aug 25, 2013 2:48pm
Quoting PipTrapper
{quote}...... it throws a wrench in the wheels of their fiscal reforms, the culprits who brought down the government can kiss their political career goodbye...
Not sure I agree here. There is literally nothing you can do in Italy that will preclude you from getting re-elected. I don't think the politicians care what they do as it will have little impact on their electability, such is the shambolical state of politics in Italy.
  • #5,908
  • Aug 25, 2013 3:56pm Aug 25, 2013 3:56pm
Quoting Sober_Colm
{quote} Not sure I agree here. There is literally nothing you can do in Italy that will preclude you from getting re-elected. I don't think the politicians care what they do as it will have little impact on their electability, such is the shambolical state of politics in Italy.
Perhaps I didn't explain myself properly.
Whilst I agree the voters will elect anybody who is willing to contest the elections, the problem lies with the EU Commission and their Mafia ways of getting rid of politicians and bureaucrats that don't march to the beat of the mafia drum.
Those who say it cannot be done should not interrupt those who are doing it
  • #5,909
  • Aug 25, 2013 4:06pm Aug 25, 2013 4:06pm
Finally the Kiwi gets a good old fashioned mashing.
Now my AUD/NZD longs can produce more fruit

Attached Image (click to enlarge)
Click to Enlarge Name: Forex Factory.png Size: 56 KB

Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #5,910
  • Aug 25, 2013 4:17pm Aug 25, 2013 4:17pm
Quoting PipTrapper
Finally the Kiwi gets a good old fashioned mashing. Now my AUD/NZD longs can produce more fruit {image} {image}
im averaging 5@ .3385 eur/usd short ..bought 1 back fri at .3377...try to get another tp at .3374...and .3358...have the feeling that this mkt could gyrate up some ...tomorrow..will sell into rallies nevertheless...but it looks like it is not going to happen anytime cn...goin'to to my tp's......
  • #5,911
  • Aug 25, 2013 5:18pm Aug 25, 2013 5:18pm
Quoting TraderPablo
{quote} im averaging 5@ .3385 eur/usd short ..bought 1 back fri at .3377...try to get another tp at .3374...and .3358...have the feeling that this mkt could gyrate up some ...tomorrow..will sell into rallies nevertheless...but it looks like it is not going to happen anytime cn...goin'to to my tp's......
We need data to move it now. Perhaps US Durable Goods will do it. Not much else on the calendar other than some French bond auctions.
Attached Image (click to enlarge)
Click to Enlarge Name: Economic Calendar - Investing.com.png Size: 52 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #5,912
  • Aug 25, 2013 5:26pm Aug 25, 2013 5:26pm
Quoting PipTrapper
{quote} We need data to move it now. Perhaps US Durable Goods will do it. Not much else on the calendar other than some French bond auctions. {image}
i'll gyrate as usual ....as long as i'm not in the middle of it..ok.... or else that will be a long wait and lots of work scalping...into a better avg......
  • #5,913
  • Aug 25, 2013 11:09pm Aug 25, 2013 11:09pm
Well. I keep expecting to movements in different directions. Maybe even a little I became a maniac.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 93 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 62 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #5,914
  • Aug 25, 2013 11:21pm Aug 25, 2013 11:21pm
Quoting godim
Well. I keep expecting to movements in different directions. Maybe even a little I became a maniac. {image} {image}
last line of defense

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 57 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #5,915
  • Aug 25, 2013 11:24pm Aug 25, 2013 11:24pm
Quoting godim
Well. I keep expecting to movements in different directions. Maybe even a little I became a maniac. {image} {image}
wouldn't surprise at all...still be looking to sell into eu1.35xx rally ...interesting chart...
  • #5,916
  • Aug 25, 2013 11:34pm Aug 25, 2013 11:34pm
Quoting godim
{quote} last line of defense {image}
hopefully it goes to ur last line of defense area...before it rallies....doesn't look like it does it...somebody please rock that boat...
  • #5,917
  • Aug 25, 2013 11:45pm Aug 25, 2013 11:45pm
Quoting TraderPablo
{quote} wouldn't surprise at all...still be looking to sell into eu1.35xx rally ...interesting chart...
That exception only proves the rule: one thinks of sales and another for purchases, and analysis the same.

Analysis of the eur / gbp H4 with methods HiLo Activator.

Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.gif Size: 216 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #5,918
  • Aug 25, 2013 11:50pm Aug 25, 2013 11:50pm
Quoting godim
{quote} That exception only proves the rule: one thinks of sales and another for purchases, and analysis the same. Analysis of the eur / gbp H4 with methods HiLo Activator. {image}
well UK has Bank Holiday..so perhaps it may be slow til the durable goodies...unless a big player tries to move a thin market....
  • #5,919
  • Aug 25, 2013 11:53pm Aug 25, 2013 11:53pm
Quoting TraderPablo
{quote} hopefully it goes to ur last line of defense area...before it rallies....doesn't look like it does it...somebody please rock that boat...
If the price back in the area, you can wait for 3318, my opinion only.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #5,920
  • Aug 25, 2013 11:55pm Aug 25, 2013 11:55pm
Quoting TraderPablo
{quote} well UK has Bank Holiday..so perhaps it may be slow til the durable goodies...unless a big player tries to move a thin market....
That is usually the case, but probably not till the US session.
Those who say it cannot be done should not interrupt those who are doing it
9 traders viewing now