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  • #601
  • Sep 11, 2013 9:10pm Sep 11, 2013 9:10pm
Quoting mypipbull
AUD/CAD & AUD/NZD - Long orders placed I'm pretty bullish the AUD based on COT and also the current market structure unfolding. Buy orders above Bar1 on both charts. {image} {image}
Bad AUS employment numbers today and also talk of increasing rates next year from the RBNZ killed both of these trades.....
  • #602
  • Sep 11, 2013 9:15pm Sep 11, 2013 9:15pm
GBP/CHF - Short opportunity

Despite being somewhat bullish the GBP I like the look of this trade.
We are at a pretty serious resistance (Supply) area, as you can see on the Weekly charts its been significant in the past.
Looking at the Daily chart you can see there is possibly a two sided market here. You can see the few down days which were probably profit taking....after today (what looks to be failed attempt to go higher) we could see new shorts entry the market for at least a swing trade.
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  • #603
  • Sep 11, 2013 11:20pm Sep 11, 2013 11:20pm
Quoting mypipbull
GBP/CHF - Short opportunity Despite being somewhat bullish the GBP I like the look of this trade. We are at a pretty serious resistance (Supply) area, as you can see on the Weekly charts its been significant in the past. Looking at the Daily chart you can see there is possibly a two sided market here. You can see the few down days which were probably profit taking....after today (what looks to be failed attempt to go higher) we could see new shorts entry the market for at least a swing trade. {image} {image}
I've been watching this too Mike. That supply zone goes back to 2011.

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  • #604
  • Sep 12, 2013 12:33am Sep 12, 2013 12:33am
Quoting stewrigh
{quote} I've been watching this too Mike. That supply zone goes back to 2011. {image}
I hate making top predictions.....despite all the evidence.....I feel most comfortable when placing these orders.
  • #605
  • Sep 12, 2013 12:37am Sep 12, 2013 12:37am
Yeah and for some unfathomable reason the pound is strong atm so I'm gonna wait awhile.
  • #606
  • Sep 12, 2013 12:46am Sep 12, 2013 12:46am
And given the fundi's prefer this one anyway.

Attached Image (click to enlarge)
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  • #607
  • Sep 12, 2013 8:35pm Sep 12, 2013 8:35pm
EUR/USD - Short orders

Quoting mypipbull
{quote} Ended up cancelling these orders....big move up....will wait a little longer
A little deeper now. I like where we are here still. Sell orders below Bar4 and stop loss above Bar3.
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  • #608
  • Sep 17, 2013 3:11pm Sep 17, 2013 3:11pm
Quoting stewrigh
And given the fundi's prefer this one anyway. {image}
Took awhile but got there in the end

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  • #609
  • Sep 17, 2013 5:01pm Sep 17, 2013 5:01pm
Quoting stewrigh
{quote} Took awhile but got there in the end {image}
nice one stu
  • #610
  • Sep 19, 2013 11:25am Sep 19, 2013 11:25am
Quoting mypipbull
{quote} nice one stu
Thanks Mike - sometimes we get lucky lol.
  • #611
  • Sep 21, 2013 5:35am Sep 21, 2013 5:35am
Anyone watching sugar?

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  • #612
  • Sep 23, 2013 9:03pm Sep 23, 2013 9:03pm
Quoting stewrigh
Anyone watching sugar? {image}
Been watching it for about a year now for a buy. Starting to look interesting as you point out. If we get above 18 and hold I will be looking at getting long somewhere.
  • #613
  • Sep 23, 2013 9:12pm Sep 23, 2013 9:12pm
AUD/NZD - Long Orders

Weekly chart testing recent low and there is pretty clear divergence here.
The Daily chart has put in a pretty bullish bar (oversold also)
This could be a double bottom forming, if so a measured move would be to 1.21 ish. There is plenty of work to do here but this looks like a good spot to get long. Buying a break of the high with a stop below the August low to allow for some breathing room.
Attached Image(s) (click to enlarge)
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  • #614
  • Sep 24, 2013 5:38am Sep 24, 2013 5:38am
Soybeans - Long Orders

This markets has my attention. I have placed buy orders above the marked bar. We are in a bit of a demand area and the weekly price structure remains bullish.
End of September often puts in a bottom, so I maybe a bit early but time will tell.
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  • #615
  • Sep 24, 2013 5:40am Sep 24, 2013 5:40am
Bean Oil - Possible Long

No orders yet but this looks like it could be a great spot to get long. Weekly divergence on a test of a significant low.
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  • #616
  • Sep 24, 2013 1:27pm Sep 24, 2013 1:27pm
Ok I'm in - Stops just below 17 - bit worried about the RSI but we'll see.

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  • #617
  • Sep 24, 2013 4:15pm Sep 24, 2013 4:15pm
Quoting stewrigh
Ok I'm in - Stops just below 17 - bit worried about the RSI but we'll see. {image}
Hi Stewrigh

I see what you mean about the RSI the bearish divergence. Normally this puts a lid on how much price can travel upwards say 17.85. Funny enough I am bearish sugar but I am looking to sell from much higher i.e for the bearish digergence to kick in. You are bullish looking for price to go up. So we can both get what we want. By the way I am not married to this position Stewrigh if serious bullishness presents and there is no divergence I will look to go long

Olu
If you think you can or cannot do it you are correct
  • #618
  • Oct 1, 2013 5:02pm Oct 1, 2013 5:02pm
Back in this again.

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  • #619
  • Oct 1, 2013 5:24pm Oct 1, 2013 5:24pm
Quoting stewrigh
Ok I'm in - Stops just below 17 - bit worried about the RSI but we'll see. {image}
Got lucky with this - missed my stop by abt 20 pips - thought the RSI might be a problem but looking healthier now

Attached Image (click to enlarge)
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  • #620
  • Oct 1, 2013 5:35pm Oct 1, 2013 5:35pm
Quoting stewrigh
{quote} Got lucky with this - missed my stop by abt 20 pips - thought the RSI might be a problem but looking healthier now {image}.
I agree that it looks better now. I sold it after the hanging man it went my way for a day but it then rallied and stopped me out. In short I donated 22 pips to the sugar cloud

Olu
If you think you can or cannot do it you are correct
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