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  • #17,941
  • Nov 26, 2013 9:08am Nov 26, 2013 9:08am
Closed 3/4 of aussie position. Will add more later.
  • #17,942
  • Nov 26, 2013 10:48am Nov 26, 2013 10:48am
Quoting Vladimir1987
Have my sl put at be, but have a feeling that this is the low for today? Anyway will check it for half an hour how it goes from here if not close or reverse. This pair is so hard to trade these days... just chop chop... Sadly i missed the opp to add to aussie short this morning because of my sleep habits... I think i will deviate from this pair and do kiwi or aussie in coming days... T whats your longer term view on this? week or two from now? {image}
Would need to make weekly analysis. Its very prone to fundies, that is why i prefer intraday.
  • #17,943
  • Nov 26, 2013 10:48am Nov 26, 2013 10:48am
Quoting Vladimir1987
Bljak
LOL
Quoting T@rantula
{quote} Would need to make weekly analysis. Its very prone to fundies, that is why i prefer intraday.
  • #17,944
  • Nov 26, 2013 11:34am Nov 26, 2013 11:34am
The thing is If EUR closes a day above 3550, 3650 might be the target for next few days. Lets see.
  • #17,945
  • Nov 27, 2013 5:10am Nov 27, 2013 5:10am
Today we see that EURUSD has hit all targets that were posted here. Now the thing is JPY is weakening and that also boosts EUR. EURUSD is making rising wedge which gets in confluence with H5 level ATR stop and possibly the top of the intraday move. 3620-30 should provide opportunities for shorts. On first attempt aim for scalp swing with trailing stop. If it overshoots it later 3650 could be seen where another opportunities for short patterns should appear.
MACD is also zigzagging but not as strong as usual.

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  • #17,946
  • Nov 27, 2013 7:12am Nov 27, 2013 7:12am
Starting from next week I will be additionally posting Scalping and scalp swing INTRADAY levels for EURUSD and GBPUSD. They are VERY effective, I have been using it last 2y and you will have it too.

Each morning after my analysis, there will be INTRADAY levels posted which u can use for trading. Especially scalps and scalp swings.
  • #17,947
  • Nov 27, 2013 10:33am Nov 27, 2013 10:33am
What a fkn day Explain later have to go...
  • #17,948
  • Nov 27, 2013 11:03am Nov 27, 2013 11:03am
Quoting Vladimir1987
What a fkn day Explain later have to go...
Why Vladimir? What went wrong?
  • #17,949
  • Nov 27, 2013 2:44pm Nov 27, 2013 2:44pm
Actually how it started it ended quite ok. Had first a sell there and closed for -7 cause of possible break that was fine since price suggested that but later on when it retraced and made some bottom i bought and +4 -4 +4 -4 like a almost one hour and then closing with minus and then again bought and again closed with minus despite support was there and not even broken
Then i took a short breather and said not to trade like a monkey chasing a banana...
Then got to my self and bought again at support closed for profit and again shorted after rejecting the high... At the end i did go with profit for my acc but with thouse two unnecessary trades it would be a bit better.

Could be interesting tomorrow morning looking at this tl here...
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  • #17,950
  • Nov 27, 2013 2:50pm Nov 27, 2013 2:50pm
A bit more for the aussie and i will close my last 1/4 of trade. Will be probably adding or better reentering at those levels marked.
Should take a bounce on weekly app 200-300 points ?
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  • #17,951
  • Nov 27, 2013 2:59pm Nov 27, 2013 2:59pm
One more on CHF noticed that now.
Could be interesting if this would happen. Maybe pound make a fake break and euro slip down and this could that evolve to something?

Seeing some patterns across the board. CHF low should not be tested from my view for this to happen.
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  • #17,952
  • Nov 27, 2013 3:07pm Nov 27, 2013 3:07pm
KIWI
100 dail ma
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  • #17,953
  • Nov 27, 2013 8:06pm Nov 27, 2013 8:06pm
Quoting T@rantula
{quote} Hey Stulic, long time no see. How are you? I am good, working a lot, totally dedicated to FX business.
I'm good thanks, busy too with other stuff. Thought might drop by to say hi.
Don't get mad, get even!
  • #17,954
  • Nov 28, 2013 3:55am Nov 28, 2013 3:55am
Quoting Vladimir1987
A bit more for the aussie and i will close my last 1/4 of trade. Will be probably adding or better reentering at those levels marked. Should take a bounce on weekly app 200-300 points ? {image}{image}
If u watched my last session recap at Admiral Markets, i suggested shorting 9120 with 9050 TP. So the trade was good for some 50 pips. Now i am not sure if the bounce will be that strong. Need to see Monday for that. Remember thou there is a Thanksgiving holiday in USA so banks will not work.
  • #17,955
  • Nov 28, 2013 4:15am Nov 28, 2013 4:15am
This is the possible setup for today/tomorrow. But i am more inclined to watch for it tomorrow due to thin volatility today.

Bearish ( rising ) wedge with 50.0 fib, red level and L5 confluence. May be looking to possible shorts to 3530-10, where possible longs could be found.

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  • #17,956
  • Nov 29, 2013 5:07am Nov 29, 2013 5:07am
As we can see EURUSD has been sold 2 times at 3620 today. Use scalp swings to take profit or try to position with trail stops. The chart shows 2 wedges. Last one and present one. Yesterday my analysis showed right 3620 spot to try some shorts. So far 40+ pips could have been made shorting it twice. If 3rd time it goes there and got rejected I hope we will reach 3570 and 3540 , where only a drop off 3540 aims for 3515-10. I think that 3540 is a strong zone. We dont want to go to far with retracement as this pair is up trending. Have in mind that its Friday today so there will be some profit taking.

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  • #17,957
  • Nov 29, 2013 5:17am Nov 29, 2013 5:17am
If you follow PA trading and analysis, you know that the more rejections a level ( trendline, PP all s/r levels) have, the weaker it becomes, so if it happens to break 3620 we might overshoot to 3630-40.

So far taking shorts of 3620 zone has been VERY good.
  • #17,958
  • Nov 29, 2013 6:15am Nov 29, 2013 6:15am
Quoting T@rantula
If you follow PA trading and analysis, you know that the more rejections a level ( trendline, PP all s/r levels) have, the weaker it becomes
so nice to hear some truth about SR zones... people say it gets stronger but this is completely false... nice T! 3640 is my gateway to 3687 and beyond... i hope we don't break this level and can continue down but hope doesnt help you in this game...
  • #17,959
  • Nov 29, 2013 6:18am Nov 29, 2013 6:18am
When you read PA, you always need to read it through a common sense. 3rd rejections of 3620 zone has been done and that means that bearish strength may overcome bullish strength. When you see triple confluence, that usually means that MAJORITY of traders ( and we are interested in big- SMART money) are seeing the exactly what u see and that is why we make profits. PA patterns, divergences and Camarilla ( but you need to know how to properly use it) will give you very good setups.

Bearish wedge is always presented as RISING wedge. Although it is 'rising" it is bearish in its nature thus 3 rejections off of it so far.
  • #17,960
  • Nov 29, 2013 6:22am Nov 29, 2013 6:22am
Quoting jaylovin
{quote} so nice to hear some truth about SR zones... people say it gets stronger but this is completely false... nice T! 3640 is my gateway to 3687 and beyond... i hope we don't break this level and can continue down but hope doesnt help you in this game...
Exactly Jay, the truth is simple. It doesnt get stronger.

Also have in mind that there was a Thanksgiving, USA holiday and Friday so we should maybe wait for Monday for additional volatility. If u scalp, scalped/swinged off 3620 you know what im talking about
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