EU D1 EW count:
Attached Image (click to enlarge)
- #11,382
- Nov 9, 2013 4:02am Nov 9, 2013 4:02am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} Hi Schickeria, how is your vacation going on?I am long time short on EU, but managing the positions via "pseudohedging". Today I have offset 70% of my shorts with long-positions around 5971. The search function here in FF again sucks. I had marked my short positions as "GBPUSDTRADECALL" but I can not find it anymore Thanks for the picture :-)
http://www.forexfactory.com/showthre...01#post6972001
Those who say it cannot be done should not interrupt those who are doing it
- #11,383
- Edited 4:31am Nov 9, 2013 4:21am | Edited 4:31am
- Joined Nov 2012 | Status: Trader | 12,211 Posts
- #11,384
- Edited 9:51am Nov 9, 2013 9:16am | Edited 9:51am
- Joined Nov 2012 | Status: Trader | 12,211 Posts
Here is one trade on EJ that should play out well, its short on decent trendline combined with upper resistance. Long from bottom part of wedge is just as good. Break of wedge on upside should meet 133.30 with decent long for 50 pips, which is my plan for Monday.
AU short, it was break of wedge as well as bearish H and S pattern breaktrough
GCAD short on break of trendline, small reward but still worth trying if gap on downside is not too big, if gap on upside is big even better for better short entry later on break.
NZDCAD basically all NZD pairs are showing H and S patterns or wedges and they will or are already tested in next three days, depending on rejections or breaks there is many pips hiding behind.
Gold two decent supports with major demand zone bellow, also support from strong trendline, i dont think there is any reason why Gold shouldnt bounce there for decent long. Well thats what we have to play on Gold....until April. And in April...its D Day. Expected report of Chinese gold reserves 3-5k. Should be easiest trade in whole year.
AU short, it was break of wedge as well as bearish H and S pattern breaktrough
GCAD short on break of trendline, small reward but still worth trying if gap on downside is not too big, if gap on upside is big even better for better short entry later on break.
NZDCAD basically all NZD pairs are showing H and S patterns or wedges and they will or are already tested in next three days, depending on rejections or breaks there is many pips hiding behind.
Gold two decent supports with major demand zone bellow, also support from strong trendline, i dont think there is any reason why Gold shouldnt bounce there for decent long. Well thats what we have to play on Gold....until April. And in April...its D Day. Expected report of Chinese gold reserves 3-5k. Should be easiest trade in whole year.
- #11,390
- Nov 9, 2013 2:35pm Nov 9, 2013 2:35pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
- #11,391
- Nov 9, 2013 2:43pm Nov 9, 2013 2:43pm
- | Membership Revoked | Joined May 2013 | 7,946 Posts
house for sale. just for fun. not a speculation.
ignore wackos and psychos, including myself. But I can't add myself to iggy
- #11,393
- Edited 3:38pm Nov 9, 2013 3:21pm | Edited 3:38pm
- Joined Sep 2009 | Status: Trader | 1,027 Posts
{quote} I build dynamic market profiles on MTF the graph shows you the volume distribution curves on the left side you see the peaks in volume, which exceeds the 3.5 standard deviation of the mean volume in the chart to the right you see the filtered peaks in a chart {image}
This and mine chart are using data from the past => maybe those buy/set orders are canceled, and there isn't a support, resistance now.
I think a broker live orders should be show more info, if we could filter the hight volume players, for eg: http://fxtrade.oanda.com/analysis/fo...r-book#EUR/USD
I have added how I am reading this.
IMHO: 1.3450 and 1.3300 are somewhat support, resistance level for mini, micr accounts, - which they has no money compared to big players.
Bigger player will try to hit either of those levels to get fresh fish to eat. 61% are short open trades I would try to eat those first. Pull to 1.3450 would bring new shorts and at 1.36 mostly they are out with SL.
This is how forex market speculation works, only 5% of the trades are real exchange, 95% speculations:
I want to buy PATIENCE
- #11,394
- Nov 9, 2013 5:30pm Nov 9, 2013 5:30pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
house for sale. just for fun. not a speculation. {image}
Those who say it cannot be done should not interrupt those who are doing it
- #11,395
- Nov 9, 2013 5:34pm Nov 9, 2013 5:34pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #11,396
- Nov 9, 2013 5:37pm Nov 9, 2013 5:37pm
- Joined Aug 2012 | Status: Trends, Levels, Confirmation, Bayes | 1,834 Posts
Build good relationships with others.
- #11,397
- Nov 9, 2013 5:55pm Nov 9, 2013 5:55pm
- Joined Jun 2011 | Status: the risk is the unknown | 2,182 Posts
G/U intra-day 4H chart..
if 5900 b/d...I'll look 555x as potential target.. 
if 5900 b/d...I'll look 555x as potential target..
- #11,398
- Nov 9, 2013 6:13pm Nov 9, 2013 6:13pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
- #11,399
- Nov 9, 2013 6:16pm Nov 9, 2013 6:16pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
- #11,400
- Nov 9, 2013 6:24pm Nov 9, 2013 6:24pm
- Joined Jun 2011 | Status: the risk is the unknown | 2,182 Posts
{quote} I have similar level below. {image}
let's see ...