Menu

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

1 trade per pair per year 6 replies

multiple systems per pair/multiple pairs per system? 3 replies

Extracted Post (per poster's request) 0 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: Extracted Thread (per thread starter's request)
Exit Attachments

Extracted Thread (per thread starter's request)

Alright we have now taken the first crack at the trend if this is what we want to call the trend, so now I will have to see if the reload to the timeframe I am miaking my perspective will come. This is the point as a trader I never know what will happen but all I can do is look at how orders come into the market. What I do expect is to get a bounce back up from this day of selling around price 3735 ...preety much the entire area we are currently located in the market. If we do manage to slip lower I will hope to get a nice tradable reaction around 3580. Always remember every timeframe can have a different trend so I never know who is dirving the market. All I do is fallow the orders being placed and put the probabilities on my side for aslong as I can.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 36 KB
I'll be spending more time at a new thread EU Redux General Discussion (http://www.forexfactory.com/showthread.php?t=177093) for awhile.

It's an alternative to the old EU thread which was in Decline.

This thread is still Open As Always for all the things we like to discuss at a Slower Pace w/o having to backtrack 50 pages to find our last post on the subject, or any instructional and how to stuff. Or to just get out of the Rain...

Please limit any chart posts to Long TF's or events such as trend changes, impending pinbars or (semi) serious analysis and such for the time being.

You guys all know what I mean...

I'll be updating the INDEX on Post #1 as well over the next few days I hope...
FUBAR...
This current PA on the Daily so far is a great example of the Pivot action I use so much in my intraday trading, and especially Asian sesion thru early Fo/Lo, and I'm going to add link this post into that series in the Index on Post #1.

The Star Players here on this 20m chart tho aren't the traditional S, R, and M pivots, but the Quarter and Split pivots or QP's and SP's I refer to in my earlier posts on Pivot Trading (http://www.forexfactory.com/showthread.php?p=2570349&highlight=pivots#post2570349) and the wide spread between the main pivots is why.

The Aqua lines are the more commonly used QP's and the light Gray lines are the less commonly used SP's or Split pivots.

Once again, when the spread between the Main Pivots is really wide due to a big move in the previous daily calculation period, then that's the time to Plot and Watch the things.

All that info can be found in these posts (http://www.forexfactory.com/showthread.php?p=2570349&highlight=pivots#post2570349) earlier on in this thread along with some excellent additional info resources.

I've gone ahead and plotted the QP's and SP's below the current Daily Pivot ifor when price breaks below that later today, we can watch and see what happens where and I will update this chart one time at the Close.

Note that I've also split the SP's again in the M3/4136 QP range as well so there are two of them... at 4103 and 4114.

I will rarely post those on my charts here, but you can Bet Your Bippy they're on My chart if I'm scalping that range on the 2m/3m charts...
Attached Image
FUBAR...
Quoting ak4x
...I've gone ahead and plotted the QP's and SP's below the current Daily Pivot for when price breaks below that later today, we can watch and see what happens where and I will update this chart one time at the Close.
Here's the Update chart showing the PA below the break of the Daily Pivot as anticipated.

Even in the brisk Post FOMC announcement PA, the pivots were respected pretty well. Some of that is seen much more clearly on a lower TF chart such as the 5m.

I use the 2m thru 6m charts myself and then toggle to the 20m for the larger moves, then back to the lower ones for the turns and retracements.

When Price is moving fast and it blows thru one set of levels, I just look to the next ones and watch how they perform until we get to the One That Matters.
Attached Image
FUBAR...
Hey Guys, what do you all think of EURUSD and this boring range it finds itself in? 137-90 -- 138-00 or so is support for me, w/ the potential third point on a bull trend line on the daily just below. Something's got to give...
Quoting Trout
Hey Guys, what do you all think of EURUSD and this boring range it finds itself in? 137-90 -- 138-00 or so is support for me, w/ the potential third point on a bull trend line on the daily just below. Something's got to give...
My thoughts here (http://www.forexfactory.com/showpost.php?p=2867385&postcount=882).
Quoting Trout
Hey Guys, what do you all think....
Hey Jay, what a treat to see you stoppin by here!! Don't be such a stranger! If no one's Home, just go next door to the EU Redux thread (http://www.forexfactory.com/showthread.php?t=177093) where most of go slummin' these days unless we have something particularly 'pithy' to post... the light will certainly always be on for You.

Concerning that 'has to give' thing, I've had the same thought now forever it seems, but I'm starting to wonder if it's not my perception that something has to 'give' that needs to give...

In looking for an alternative but still viable Perspective, I've been pondering 3 particular MA's on the Daily... 365/548/730sma and wondering if we're not actually at what we used to call "slack tide".

We lived along Turnagain Arm (http://www.alaskascenes.com/turnagain.html) in Alaska for a number of years and never got tired of watching 24-30 ft tides roar in (sometimes creating 3-6ft 'bore tides' (http://www.youtube.com/watch?v=ts43mBbnTlI&feature=related))) and fill up the entire +40 mile long inlet in about 3 hours, then go flat for an hour or so before roaring back out and emptying the whole thing back down to the mud.

That's when an unwary Beluga whale would find it self getting either beached on a mud flat at worst or stranded in a tidal pool at best. Becuz of the quicksand like mud hazards, it was rare that anyone would be able to assist them until the tide came in and floated them again. Catch it just right (http://www.youtube.com/watch?v=v8_O6p3m8eM&feature=related) tho, and yeehaw!!

This reminds me of that at times... I know something will happen soon but unlike the tides, just not when, and Complacency could be costly.

Some cool Turnagain Arm bore tide clips... ((Btw... I helped build the road these shots were taken from back in the early 90's))
Clip #1 (http://www.youtube.com/watch?v=-tFQB5naImI&feature=related) (a Bald Eagle and Gulls fishing in the opening seconds)
Clip #3 (http://www.youtube.com/watch?v=9d6pL3YSGTI&feature=related) (surfing the bore)
Clip #2 (http://www.youtube.com/watch?v=DA8Ekia_75o&NR=1)
FUBAR...
Hey AK, those videos are cool, thanks!

Man you guys gotta' be tough to hang out up there!

yer right, no sense trying to predict the when of it when you can just ride along w/ it if yer awake when it comes...

I'll mark that other thread, thanks!

I've you have any fishin' videos to post I'd love that!
Quoting ak4x
Hey Jay, what a treat to see you stoppin by here!! Don't be such a stranger! If no one's Home, just go next door to the EU Redux thread (http://www.forexfactory.com/showthread.php?t=177093) where most of go slummin' these days unless we have something particularly 'pithy' to post... the light will certainly always be on for You....
Couple of points I want to cover here... {a little sojourne into the woods}.

"If No One's Home"
I remember when I was ~10 years old {1962}, in Glasgow; Scotland, My Father coming home early one evening and all bejeebers broke out. We had been robbed! Not surprising when you consider we never locked our doors.
The only items that were missing were our (reasonably) brand new Washer & Dryer. {they were quite small back then. not the 40lb laundry versions we have now.}

After about 15 minutes of cafuffle & hubbub, our neighbour, Davey Grey, came to the back door & asked if he could have a hand to get the Missing Appliances Back over the fence as he had had a helluva time getting them over it in the first place.
Turned out that the neighbours had simply "Borrowed" them for the afternoon. And Why Not.
Back then we played as a Team.
Nowadays we grab what we can & post our points to the table to prove our proess.

Sad to say, but... {Only Mostely} dead are the days of Trust & Friendship.

The Other Thing...
About 15 years ago I started a Northern Canada Fly in Fishing Company.
Got to do the Camp site research myself. Standing on the floats of a plane & hucking iron into a virgin lake... Wow! One of my "Mark this Page" moments. Let the company go & haven't wet a keal in the last 3 years.
BUT. Have Never done the Alaska Fishing Trip I always thought would be a "Marked Page"

I'm gonna do it & I can only hope that I luck into a guide that truely understands the True North and not some summer student.

The Grizz? Seen them on the river bank while I was tossing an Olive Dunn in midstream Northern AB.
Sent a little chill up my spine but nothing like having to palm a fly reel with a 26" Brown telling you to Go F Yourself.

I may have the amenities of a metropolis but, and I know you know this, it is a tradeoff.

Tight Lines.
BMc.
ps. when the washer & dryer went missing, my fly rod was 3 years old.
While I work on a Proper response that last post deserves, let me just throw out a Crumb or three in the meantime...

Quoting Bemac
... Have Never done the Alaska Fishing Trip I always thought would be a "Marked Page"

I'm gonna do it & I can only hope that I luck into a guide that truely understands the True North and not some summer student.

Tight Lines...
BMc.
Two words... Denali Anglers (http://www.denalianglers.com/) ((click on the "Fishing' button))

The owner (Chad Valentine, the guy on the right side with the King) is a good friend. He grew up fishing those rivers as a kid... Amazing guy and Master angler...

From the same little village, hop on a plane with TAT (http://www.talkeetnaair.com/) and go fly a'rd The Mountain (http://www.youtube.com/watch?v=wAx58lIynfY)... ((be sure to click the HQ button...))

Fly-in only trips to remote lodges can be had and are spendy but it's just you, the river, the bugs and the bears... Here's one (http://www.riversonglodge.com/index.html) we have their recipe book but have never been to. It's just across the inlet from Anchorage so is very reasonable to get to. Amazing story behind the owners building the place from scratch years ago.

You guys get ready to go, PM me and I'll get you in contact with the right people... Remember, the seasons are short up there.

Finally, our oldest with Chad and her 49lb King out of the Talkeetna river a few years ago...

Attached Image (click to enlarge)
Click to Enlarge Name: img368 (Small).jpg Size: 50 KB
FUBAR...
Aw'right! Thanks AK that was awesome!
Quoting ak4x
That and $4 USD will get you a Frappucino at the Starbucks on North Central. Anyways it was Jaywalker that laid the vouch on you. Blame him.

Now that you're here tho, pull up a chair and say something Brilliant. We're all fresh out.

Just promise me you'll make that 100th post here a'rd the Table... whatever year it happens in.

**************

On another note, similar to Jay's sentiments, I'd really like to knock that thing a'rd some that mikkom posted... I personally think we're on the threshold of some otherwise unheard of and unprecedented...
Quoting ThePipsMaker
You can have your beer and ogle at it too
This beer plus Everclear for the " boiler " that will set u up...
Warning, lack of trading is dangerous to your survival......
  • Post #733
  • Quote
  • Edited Dec 28, 2009 3:42am Dec 27, 2009 6:29am | Edited Dec 28, 2009 3:42am
Will most likely be waiting to get long around this area to see is the current area of buyers is large enought to absorb the current down push. I know this part in the market will probably make price go sideways untill one side runs out of money and then I will be looking to participate. If price can maintain its value for a couple of days I will be looking to take a position long. But if price manages to take out the next major low 1.4177 I will consider a short...and if price triggers me and then shows me it was simply stop hunting I will stop and reverse depending on what price shows after the break. I am getting a little bitt ahead of myself here in this post but lets see how things plays out in the upcoming days. In the meantime I will probably trade price back and forth untill the overall picture decides what side has more money the sellers or the buyers.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 32 KB
  • Post #734
  • Quote
  • Edited Jan 12, 2010 1:17am Jan 11, 2010 11:33pm | Edited Jan 12, 2010 1:17am
I'm considering this thread 'closed' for all practical purposes and have put a +11 vouch limit on it to discourage new posts as I don't believe there's any reason to continue it or leave it open. Even if you are qualified to post here with +11 vouches, I would ask that you please not do so.

My emphasis has been on the EU Redux Thread (http://www.forexfactory.com/showthread.php?t=177093&page=1) for the last 9 months and what little participation here at FF I expect to keep up is best left there.

Times and fashions change as do most things and it's usually not a good idea to stand in front of that bus.

If someone can make use of the Index on Post #1 to reference some of the excellent posts made here by some folks I really admire then by all means do so.

I enjoyed most ((but not all)) of the time I've spent at FF and especially sitting a'rd the Table with a great bunch of guys that I learned some priceless things from. You know who you are...
FUBAR...
Quoting NuckingFuts
My Imperial knowledge extends about as far as the 5/8's spanner I have in my tool box.

And yes, I do work hard but I play much, much harder. Life is too short {can be even shorter than you expect}.
hopefully he tired of us.. and just left..
those who can, do. those who cant, talk about those who can
I had more fun in this thread than any other. Thanks to the many good folks that made it what it was , if only for short time. See you down the road...

Quoting merlin
hey "nights"! remember me?!? just wanted to stop in here to say i think this is the awesomest thread ever started at FF nice job guys! since my retirement i obviously havent had time to post much but im going to try to scoot in here once in a while when time permits. im not trading anymore (just an old investor these days) but i do still keep a lazy eye on the markets. its rare for me to come up with any decent insights anymore but if one comes to me i will sprint to this thread to post it! just promise to cut me a break if i come with something weak either way i will be reading this thread regularly...great concept!
You're a wizard Merlin... can you make me disappear too?
FUBAR...
Quoting ak4x
This thread is still Open As Always for all the things we like to discuss at a Slower Pace........ Please limit any chart posts to Long TF's or events such as trend changes, impending pinbars or (semi) serious analysis and such for the time being....
//-----

hey ak...... long tf's..... events...... trend changes...... pin bars.......

my (semi) serious slower pace analysis leans toward the eurnzd and euraud.........

a diet coke says i can put 100 green trades on both...... throw in a crispy kfc sandwhich , and i'll make it 150.......h
//------
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurnzd-w1-oanda-division1.png Size: 59 KB
Click to Enlarge Name: euraud-w1-oanda-division1.png Size: 62 KB
to trade and code, keep both simple... no call to impress....h
Quoting ak4x
Two words... Denali Anglers (http://www.denalianglers.com/) ((click on the "Fishing' button)) He grew up fishing those rivers as a kid... Here's one (http://www.riversonglodge.com/index.html) we have their recipe book but have never been to.
//------

hey ak....... fishing you say........ now your talkin my languages........ i fib you not, that rolly polly nzdusd weekly chart is bowed up like a dime store cane pole with a big ole catfish on it.......

fixin to bait up my line and chunk'er out there...... who knows..... might git a bite...... or bit......h
//------
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusd-d1-oanda-division1.png Size: 74 KB
Click to Enlarge Name: nzdusd-w1-oanda-division1-i-fib-you-not.png Size: 77 KB
to trade and code, keep both simple... no call to impress....h
Quoting ak4x
Our experience, mood, understanding of the markets, awareness of the long and short term trends in play at the time, and our immediate trade situation among other things will develop a bias in us as to how that “something” may affect future price where that future may be measured in seconds, minutes, hours or days. Actually, that “bias” is the first thing we need to be careful of, but that’s a separate topic.
//-----

hey ak..... trends?..... what?...... do they exist?...... lol.....

my long term trend "bias" cost me a tad the other day on the audnzd...... it happens.....


keepin an eye on the 240 for that "something" to affect the future price.....h
//-----
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audnzd-w1-oanda-division1-nah.png Size: 93 KB
Click to Enlarge Name: audnzd-h4-oanda-division1.png Size: 72 KB
to trade and code, keep both simple... no call to impress....h
Quoting ak4x
******* A caution on the "we hit... therefore we should..." part. That's all predicated on having the right fib at the right place and in the right context of the TF the larger moves are in. So it's just not that simple. In the right context tho, they can be profoundly effective. Finding that context is your learning curve...
//------

the right fib at the right place and in the right context.....so what's left....h
//-----
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad-w1-oanda-division1.png Size: 55 KB
to trade and code, keep both simple... no call to impress....h
0 traders viewing now