Riding the Gnarly trend wave... | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

A Gnarly Journal 104 replies

Need guidance to improve my Trend Riding EA (attached) 24 replies

ATP - The Regurgitation to Wave Riding 27 replies

Riding the trend easily 33 replies

Attachments: Riding the Gnarly trend wave...
Exit Attachments

Riding the Gnarly trend wave...

  • #281
  • Nov 21, 2013 10:48am Nov 21, 2013 10:48am
Hello YEN Masters

Wow what a night of full on action

man eyes look eye piss holes in the snow.

EUR/YEN had a pending short 136 TP 134

Any ideas on this pair

The EUR/US is getting up again

Which has pushed up EUR/YEN 136

Bit risky to add more longs at this level

but it keeps eating my longs
  • #282
  • Nov 21, 2013 2:16pm Nov 21, 2013 2:16pm
Quoting eliteincome
Hello YEN Masters Wow what a night of full on action man eyes look eye piss holes in the snow. EUR/YEN had a pending short 136 TP 134 Any ideas on this pair The EUR/US is getting up again Which has pushed up EUR/YEN 136 Bit risky to add more longs at this level but it keeps eating my longs
Just wait until Monday to do anything.
"A true speculator tries the market small." - Jesse Livermore
  • #283
  • Nov 21, 2013 2:31pm Nov 21, 2013 2:31pm
Kudos to Rocket Man.......
  • #284
  • Nov 21, 2013 7:42pm Nov 21, 2013 7:42pm
This is something I like to keep an eye on. A good tool to kinda see what is playing out on a macro level.

http://www.forexpeacearmy.com/curren...th_calculator/
  • #285
  • Nov 21, 2013 8:59pm Nov 21, 2013 8:59pm
Quoting BobGnarly
{quote} Yep,now at 157%. 20% for the week Lots of floating profit as well, especially in UJ hope you're enjoying your longs!

Great Work Bob!

Are you still bullish on aud/Nzd. I'm consider picking some up under 1.1200
  • #286
  • Nov 22, 2013 1:55am Nov 22, 2013 1:55am
entered long usd/chf at 0.9110 and planing to keep it for a long time, something like UJ maybe? I've got stopped at cable, maybe I shouldn't play around with other pairs and stick to my favorite, but sometimes I just couldn't resist looking at the GU crying for bigger correction down.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #287
  • Nov 22, 2013 2:35am Nov 22, 2013 2:35am
Quoting bikov
entered long usd/chf at 0.9110 and planing to keep it for a long time, something like UJ maybe? I've got stopped at cable, maybe I shouldn't play around with other pairs and stick to my favorite, but sometimes I just couldn't resist looking at the GU crying for bigger correction down.
Hi Bikov,
Could you please little bit exsplain usd/chf for buy long term? You are making fundamental or tecknik analize?
Bülent.
  • #288
  • Nov 22, 2013 2:41am Nov 22, 2013 2:41am
Quoting britc17
{quote} Great Work Bob! Are you still bullish on aud/Nzd. I'm consider picking some up under 1.1200

My stop on my long has been at 1.1099 and it is staying there. I didnt like the drop to sub 1.12 but we almost bounced 80 pips so far. So clearly big money is buying below 1.12. Also it is not a very big position at all for me. Just something I liked a set up on a few weeks back so started small but never added to it.

They also said last night that the NZD was overvalued and we just broke the neckline on a large head and shoulders so NZD is much more bearish at the moment.
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #289
  • Nov 22, 2013 2:47am Nov 22, 2013 2:47am
Triple top, Head and shoulders, Neckline break. NZD is toasted.

I am off until Sunday night, see you guys then and hope you all had a great week!
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd.png Size: 73 KB
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #290
  • Nov 22, 2013 3:04am Nov 22, 2013 3:04am
Quoting bulent
{quote} Hi Bikov, Could you please little bit explain usd/chf for buy long term? You are making fundamental or tecknik analize? Bülent.

Long term means waiting for levels above parity. Why? There're many cases and projections about strong dollar, I already posted at Uj thread. Europe have a threat of deflation and Chf is highly connected with EU. If I'm bullish at UJ, so at dollar overall also. Jobless claims are in downtrend (chart) that means tapering is close. In the same time Europe is cutting the rate and screaming under overvalued euro. Do not forget that there are some projections that USA soon would become net exporter of oil/energy, which means smaller deficit = stronger currency. This would also boost the production of agriculture products and raise the exports in this field. I've read somewhere that net agr.exports in 2011 were $42 billion. And Chinese have to eat something, right ? Together with high technology development and highly innovative culture in USA, we should not fear for the dollar. The growth which I expect in USA would overshadow the printing of the dollars from FED, which points to stronger dollar at the end. To resume: a commodity country (like Canada, Australia) + high technology (Japan) = USA. I've found many links and analyses about all this, I've just put it all together, I'm too lazy now too seek those analyses to post them here but this should be enough. Yes, I'm betting on dollar.
Attached Image (click to enlarge)
Click to Enlarge Name: weekly un.claims.png Size: 91 KB
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #291
  • Nov 22, 2013 4:10am Nov 22, 2013 4:10am
Dear Bikov,
Thank you very much for your exsplanation. Very effectiv analize. I cant understant fundamental but very very useful for me.
Summery ; usd is stronger than chf , eur , jpy is this right? but spacialy usd/ chf is buy to long term. could you please say us some price level.?
Best Regards.
Bülent.
  • #292
  • Nov 22, 2013 6:48am Nov 22, 2013 6:48am
usd is not stronger than chf, it should be based on those analyses. but the word "should" is a tricky one, there should be peace around the world also, but it isn't. anyway, remember that usdjpy was stuck under 80 for 2 years, 90% of the traders thought that UJ should be higher but it went higher much later than anyone was expecting. I think the same story would be here. target? above 1 and after that we'll see, I cannot predict any specific targets, but parity is enough for now for my active longs.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #293
  • Nov 22, 2013 7:08am Nov 22, 2013 7:08am
if support at 0.9075/80 doesn't fall and rejects the attack, it would make double bottom at H1, good for long positions.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #294
  • Nov 22, 2013 7:26am Nov 22, 2013 7:26am
something like this :
Attached Image (click to enlarge)
Click to Enlarge Name: swissy.png Size: 53 KB
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #295
  • Nov 22, 2013 7:35am Nov 22, 2013 7:35am
Thank you Bikov.
  • #296
  • Nov 22, 2013 10:56am Nov 22, 2013 10:56am
I'm in eur/usd bear camp but this picture maybe gives an answer why fiber is not falling yet (like it should?)
EBBSTOTA = ECB
FARBAST = FED
Attached Image (click to enlarge)
Click to Enlarge Name: ecb vs fed.png Size: 471 KB
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #297
  • Nov 22, 2013 5:51pm Nov 22, 2013 5:51pm
Quoting bikov
if support at 0.9075/80 doesn't fall and rejects the attack, it would make double bottom at H1, good for long positions.

it broke it, my SL at 0.9034 still alive but it doesn't smell good.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #298
  • Nov 25, 2013 2:46am Nov 25, 2013 2:46am
Whats up guys, hope everyone had a great weekend. No change on outlook and no new trades. Aud/Nzd is limping and is not looking good but thats part of the business, cant win em all. At least its a very small position.

I wont be around too much this week with thanksgiving this week. I will be doing must of my trading via mobile devices but I will check in throughout the day!
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #299
  • Nov 25, 2013 5:46am Nov 25, 2013 5:46am
Quoting BobGnarly
Whats up guys, hope everyone had a great weekend. No change on outlook and no new trades. Aud/Nzd is limping and is not looking good but thats part of the business, cant win em all. At least its a very small position. I wont be around too much this week with thanksgiving this week. I will be doing must of my trading via mobile devices but I will check in throughout the day!

yeah, I gave a rest to my eyes from the charts this weekend. I entered long eurnzd today and now it's waiting game. I think this cross has huge upside potential but there's only one way to find out.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #300
  • Nov 25, 2013 8:38am Nov 25, 2013 8:38am
Quoting bikov
{quote} yeah, I gave a rest to my eyes from the charts this weekend. I entered long eurnzd today and now it's waiting game. I think this cross has huge upside potential but there's only one way to find out.
Best thing to do on a friday afternoon is turn off everything to do with forex. Spend time with family, go out and have fun. So many fx traders are actually addicted.

Nzd looks very weak Bikov. Audnzd is still putting up a fight. A close above 1.12 today should have a new base in place. Id be cautious with eur tho. The ECB wants the euro much lower and they are trying their hardest
Want the lifestyle of the top traders in the world? TAKE RISK.
0 traders viewing now