The Club! | Page 600 | 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!

  • #11,981
  • Nov 22, 2013 3:46am Nov 22, 2013 3:46am
MMSMP POC's

and


derived S/R levels (based on volume analysis - threshold set to 3 SD) (right side of the chart)
Attached Image (click to enlarge)
Click to Enlarge Name: mm.jpg Size: 317 KB
  • #11,982
  • Nov 22, 2013 4:02am Nov 22, 2013 4:02am
Btw GU reached my target (you can go trough my history post to see entry call):

Attached Image (click to enlarge)
Click to Enlarge Name: e7kWRjX.png Size: 85 KB


GBP pairs are very bullish but i will be looking into shorts next week only on perfectly formed patterns nothing else.
  • #11,983
  • Nov 22, 2013 4:17am Nov 22, 2013 4:17am
Quoting infinitus
MMSMP POC's and derived S/R levels (based on volume analysis - threshold set to 3 SD) (right side of the chart) {image}
Nice chart. Have 3530 for possible entry..
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-11-22_1117.png Size: 27 KB
  • #11,984
  • Nov 22, 2013 4:36am Nov 22, 2013 4:36am
Possible bounce on USDCHF, daily should form low here and bounce on up side.

Attached Image (click to enlarge)
Click to Enlarge Name: qp03.png Size: 82 KB
  • #11,985
  • Nov 22, 2013 5:02am Nov 22, 2013 5:02am
Quoting rbetancor
This corrective upmove ... should end near 1.35229 and 1.35417 ... BUT any move over 1.34926 should be considered extensions ... till 1.35778 acts as top resistance... Next downmove targets are 1.32942-1.32656 and 1.3050-1.3100 zone ... and from there to 1.4410 We should reach that targets BEFORE 4th of Dic ... so near that dates .. I'll be looking at lower TF's to unload all agregated shorts ... and load new big longs I know lot of people tell me that I have a very wide targets ... in pips and time ... but thats only TheBigPicture ... in the middle...
And here we are ... 1.35269 as high till now ... could go little higher wen NY opens ... but we are IN THE ZONE to build your shorts men ... next target ... 1.3278 zone ... see you when we reach it ... and remember ... extension to 1.31 zone on the desk ... BUT don't get waiting for it ... REACT when structures say you to do it.
  • #11,986
  • Nov 22, 2013 5:13am Nov 22, 2013 5:13am
GU Buy 1.6195 stop loss 1.6160 Target 1.6260
  • #11,987
  • Nov 22, 2013 5:24am Nov 22, 2013 5:24am
cable H4

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 102 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #11,988
  • Nov 22, 2013 8:20am Nov 22, 2013 8:20am
if indeed we have a completed wave 2 correction, then something like this bearish count should play out
Attached Image (click to enlarge)
Click to Enlarge Name: 22nov13eurocount.png Size: 41 KB
Don't have an ego. Always question yourself and your ability.
  • #11,989
  • Nov 22, 2013 8:28am Nov 22, 2013 8:28am
Quoting RamsesII
if indeed we have a completed wave 2 correction, then something like this bearish count should play out {image}
I like that projected level (1.3560) as it is also the 50% fibo retrace of the fall from 1.3830 and does not invalidate the 1st wave which started at 1.3579
Those who say it cannot be done should not interrupt those who are doing it
  • #11,990
  • Nov 22, 2013 9:08am Nov 22, 2013 9:08am
Quoting janpec1000
Yeh he would lose head in China for sure. But in neither case would i prefer Chinese rule of law postponed on world just as same as noone wants to see their currency dominate over USD. USA and China are both imperialistic powers, China is just playing its role in shadows thus far. And as for Goldmans and other investment banks i say get rid all of them. We can already see some private managers are making "peoples" banks where all investments are open explained to investors, where thier balance sheets are clear. I say start making those in each country...
we believe in God[allah] becos of risk to reward ratio favour it.
Allah has permitted trade and has forbidden interest [koran]
  • #11,991
  • Nov 22, 2013 9:15am Nov 22, 2013 9:15am
Quoting RamsesII
if indeed we have a completed wave 2 correction, then something like this bearish count should play out {image}

looking basically on same scenario
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_15 Mins_snapshot.png Size: 85 KB
  • #11,992
  • Nov 22, 2013 9:23am Nov 22, 2013 9:23am
MMSMP volume profiles


bears should start to worry?
Attached Image (click to enlarge)
Click to Enlarge Name: mm.jpg Size: 546 KB
  • #11,993
  • Nov 22, 2013 9:27am Nov 22, 2013 9:27am
Quoting infinitus
MMSMP volume profiles bears should start to worry? {image}
Hmmm. Looks like it could use a bit of fill.
As always, time will tell, but I'm still a bear... even if we have to see 3630 first.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,994
  • Nov 22, 2013 9:35am Nov 22, 2013 9:35am
Quoting PipTrapper
{quote} Hmmm. Looks like it could use a bit of fill. As always, time will tell, but I'm still a bear... even if we have to see 3630 first.

I mean, this is scary for bears

the threshold filter is only set to 2.5 SD and nothing meaningful in the way north when around 3550 is broken. 3760 my then be the target

Attached Image (click to enlarge)
Click to Enlarge Name: mm.jpg Size: 46 KB



The next picture shows the data with threshold set to only 2 SD

Attached Image (click to enlarge)
Click to Enlarge Name: mm2.jpg Size: 54 KB
  • #11,995
  • Nov 22, 2013 9:57am Nov 22, 2013 9:57am
Quoting kbmoonshinex
{quote} my sl is just 6179. on daily i see 6240
Quoting Likerty
{quote} wait for 210
Did you shorted..?

240's yea, could be - for a scalp at least.. But approaching 260's so closely would increase possibility for a further breakout...
69
  • #11,996
  • Nov 22, 2013 10:25am Nov 22, 2013 10:25am
Quoting infinitus
{quote} I mean, this is scary for bears the threshold filter is only set to 2.5 SD and nothing meaningful in the way north when around 3550 is broken. 3760 my then be the target {image} The next picture shows the data with threshold set to only 2 SD {image}
Aha I see. Well I think that would be more scary for the ECB as it would completely undo all their effort to lower the Euro. It would therefore mean that the ECB is impotent.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,997
  • Nov 22, 2013 10:26am Nov 22, 2013 10:26am
Quoting Likerty
{quote} {quote} Did you shorted..? 240's yea, could be - for a scalp at least.. But approaching 260's so closely would increase possibility for a further breakout...
Yes that area is loaded with sell side stop losses.
A perfect target for the SL hunting vultures.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,998
  • Nov 22, 2013 10:32am Nov 22, 2013 10:32am
My though after investigate last 2 week trading days of equity market is overall they are in selling phase hidden undercover bluechip instrument.
This doesn't meant composite price index will drop directly because this can take at least a month to complete, but from money flow perspective currently money is flowing out from market.

Beside hidden selling another possible scenario is they are in rotation phase, if this is what happen then money will flowing in again even more.
  • #11,999
  • Nov 22, 2013 10:52am Nov 22, 2013 10:52am
Hi guys, would really appreciate if someone could mention some literature about money flow since i got interested in the whole market conditions.

Thanks
vlad
  • #12,000
  • Nov 22, 2013 11:39am Nov 22, 2013 11:39am
Umm ... I doesn't like it have not begin to drop on EU ... that put over the table a limited dowmove to 1.3450 area ... then another swing higher to 1.3638 zone ... let's take a look downgrading from D1 to M5 and take desitions.

I know it's Friday late ... but maths are maths ... and numbers say to me ... what they say to me ..
6 traders viewing now