The Club! | Page 558 | 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!

  • #11,141
  • Nov 5, 2013 10:18am Nov 5, 2013 10:18am
Quoting janpec1000
Holding GJ short -30 pips. Have to say after looking at charts again it was bad call to not exit when i had chance on break even. H4 candle with formed demand zone should be warning. Will look to short it higher and hopefully recover some.
The bullish div had to be relieved and yes, there was visible demand, but the bias is still bearish IMO

H1 bullish div
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh1.png Size: 58 KB


Daily rising wedge
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpydaily.png Size: 61 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #11,142
  • Nov 5, 2013 11:07am Nov 5, 2013 11:07am
Quoting janpec1000
Holding GJ short -30 pips. Have to say after looking at charts again it was bad call to not exit when i had chance on break even. H4 candle with formed demand zone should be warning. Will look to short it higher and hopefully recover some.
stop above 5953 is too far...
  • #11,143
  • Nov 5, 2013 3:34pm Nov 5, 2013 3:34pm
Quoting 2046
{quote} exactly that I am building a short on H4 and D1 based on anticipated imminent bearish ichimoku crosses. W1 looks overbought with still a bit room up MN1 seems to be gaining on RSI and may turn bullish in ichimoku >> all together indication of a 'short' term (= next 7-10 days) bearish retracement to zones around 3660, 3510, 3415 H4: {image} D1: {image}
H4 then
Attached Image (click to enlarge)
Click to Enlarge Name: 131028_eu_h4_2145.png Size: 24 KB


H4 now
Attached Image (click to enlarge)
Click to Enlarge Name: 131105_eu_h4_2130.png Size: 37 KB


the easy bit is done, now the picture is ambivalent on H4. Bearis Ichimoku Tenkan Kijun cross remains open however there is the risk of a pullback towards 36132, with nearest resistance at 35100.
  • #11,144
  • Nov 5, 2013 3:37pm Nov 5, 2013 3:37pm
GJ up to 158.91 now. I will hedge my short soon.
  • #11,145
  • Nov 5, 2013 3:45pm Nov 5, 2013 3:45pm
D1 then
Attached Image (click to enlarge)
Click to Enlarge Name: 131028_eu_d1_2145.png Size: 27 KB


D1 now
Attached Image (click to enlarge)
Click to Enlarge Name: 131105_eu_d1_2130.png Size: 35 KB


the projection in H4 (previous post) has extended to the levels projected in the daily chart.
PA is currently just above kumo and might test its support. A weak bearish TK cross with confirmation from chikou span is near, and RSI seems to suggest further space south. Not a convincing moment and price to add to short, until Kumo support is not cleared.
  • #11,146
  • Nov 5, 2013 9:49pm Nov 5, 2013 9:49pm
http://www.zerohedge.com/news/2013-1...-left-building

IceCap Asset Management On 'Super Taxes' And Why Elvis Has Left The Building
  • #11,147
  • Edited 1:21am Nov 6, 2013 1:05am | Edited 1:21am
Good morning

I bit of BS (technicality) from my side as well, I like to be part of the comunity.

Trend is still up, determined by the macd above the signal line, another hook is happening (but not for sure), notice what happened at the previous hook (see arrow on the indi),prices have travelled about 600 pips (if we knew big money could have been made).

Now, also a cup has formed, which is a continuos pattern, a standard handle is about a third of the depths of the cup (which is about 1000 pips), the handle has already travelled 400 pips down from his high and reached a bullish TL (not drawn).

Yes there is a bearish divergence, (but divergence can also just mean the trend is slowing down, which what happend) but it only will be confirmed by the cross of the macd line below the signal line.

If she is going to travel 700-1000 upwards, big money could be made (only if we knew).
Attached Image
Wherever you go, there you are.
  • #11,148
  • Nov 6, 2013 1:07am Nov 6, 2013 1:07am
And so. Today is a reversal day. We can expect a new locally lower low (LL).
To have a chance to attack the 4246 price should stay above 3411.

From the two-dimensional probability:
probability to close daily bar
below 3428 is only 1%
3428 through 3550 - 9%
over 3550 to 3672 - 30%

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 64 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #11,149
  • Nov 6, 2013 1:28am Nov 6, 2013 1:28am
Quoting egymedo
say good bye to EURJPY SELL 132.50 target 111.50
I expect a comment.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #11,150
  • Nov 6, 2013 1:51am Nov 6, 2013 1:51am
Quoting godim
And so. Today is a reversal day. We can expect a new locally lower low (LL). To have a chance to attack the 4246 price should stay above 3411. From the two-dimensional probability: probability to close daily bar below 3428 is only 1% 3428 through 3550 - 9% over 3550 to 3672 - 30% {image}
The cable moving before the euro. New UpSwing. Tomorrow a new bullish fan.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 107 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #11,151
  • Nov 6, 2013 2:42am Nov 6, 2013 2:42am
Quoting janpec1000
GJ up to 158.91 now. I will hedge my short soon.
Target was reached during the night. Made bad call leaving short run aside of long should have just trusted my analysis and longed properly. I am off today. Good luck and good trading to everyone.
  • #11,152
  • Nov 6, 2013 2:43am Nov 6, 2013 2:43am
Quoting PipTrapper
Short Cable at 1.6054 SL 1.6084 Target open GBPUSDCALL
Stopped out overnight for -30 pips
Those who say it cannot be done should not interrupt those who are doing it
  • #11,153
  • Nov 6, 2013 3:16am Nov 6, 2013 3:16am
short gbpusd 6105. target 6050. sl is 20 pips
looking for investors . pm me
  • #11,154
  • Nov 6, 2013 3:26am Nov 6, 2013 3:26am
Quoting kbmoonshinex
short gbpusd 6105. target 6050. sl is 20 pips
A picture only. Better than words. Just an idea. Could be wrong.
G/U H1
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 45 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #11,155
  • Nov 6, 2013 3:33am Nov 6, 2013 3:33am
Quoting kbmoonshinex
short gbpusd 6105. target 6050. sl is 20 pips
closed 6058
looking for investors . pm me
  • #11,156
  • Nov 6, 2013 3:34am Nov 6, 2013 3:34am
Quoting kbmoonshinex
{quote} closed 6058
Good catch
Those who say it cannot be done should not interrupt those who are doing it
  • #11,157
  • Nov 6, 2013 3:41am Nov 6, 2013 3:41am
Quoting PipTrapper
{quote} Good catch
this was very fast mate
looking for investors . pm me
  • #11,158
  • Nov 6, 2013 3:44am Nov 6, 2013 3:44am
6107 short again. target 6031. sl is 17 pips
looking for investors . pm me
  • #11,159
  • Nov 6, 2013 3:45am Nov 6, 2013 3:45am
Quoting kbmoonshinex
{quote} this was very fast mate
Yes I know. I hardly saw it.. like a flash LOL
Those who say it cannot be done should not interrupt those who are doing it
  • #11,160
  • Nov 6, 2013 5:06am Nov 6, 2013 5:06am
eurusd will short 3535 with sl 10 with target below 3500
looking for investors . pm me
25 traders viewing now