The Club! | Page 628 | 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!

  • #12,541
  • Dec 8, 2013 9:33am Dec 8, 2013 9:33am
Quote
Highest Radiation Level Ever, Lethal In 20 Minutes, Recorded Outside Fukushima Reactor

Yep and there have been strong media reports on how Fukoshima nuclear accident was not accident at all as there was nothing lethal happening off it.
I guess todays media standarts have went down with all war and suffering reporting arround the world, accident only counts once deaths of humans are counted in 4 digits.
  • #12,542
  • Dec 8, 2013 10:25am Dec 8, 2013 10:25am
Quoting godim
{quote} Maybe the price will go again over the point of conflict? {image} {image}
Perhaps they really the answer is YES!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_daily.gif Size: 113 KB

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 112 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #12,543
  • Dec 8, 2013 10:46am Dec 8, 2013 10:46am
Quoting godim
What else can we do? Let's look at 64-day range. {image} A minimum of 3104 is just before 30 days. If the price continue to rise, it will be a minimum for more than 32 days. If during that time the price break 3794, the price range it will be "normal." We will again make a big square in the fourth quarter. Already in other ranges. Of course there are several other opportunities. I think already mapped square can cover them all. In the next 32 days. Without a break below 3062. When the range will increase downwards.
After 4 days, the minimum will move to 3295

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_h4.gif Size: 52 KB


The main question then would be: what will happen to the price range?
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #12,544
  • Dec 8, 2013 4:22pm Dec 8, 2013 4:22pm
Quoting PipTrapper
{quote} You mean like "er kann mich am Arsche lecken" ?
  • #12,545
  • Dec 8, 2013 4:24pm Dec 8, 2013 4:24pm
Quoting infinitus
{quote}
Those who say it cannot be done should not interrupt those who are doing it
  • #12,546
  • Dec 8, 2013 4:28pm Dec 8, 2013 4:28pm
Quoting halkins
Re: LIVE TRADE EXPLORERS and my conclusions at the end of 2013. Hi guys I have been experimenting a lot with Trade Explorer in 2013. Not only I did it with my automatic trading, but I was following top LIVE trading accounts available in “trade” section here on FF. If I found somebody who has consistent and steady profits I added him to my “buddies” and watched his trades. I was astonished at the beginning seeing so many traders making over 500% in a single month. During the year I used to add new people and removed many “good” traders blowing out...
Hi Halkins,

exactly what I have observed times ago. High leverage can make you easily a one day wonder, but in the long haul it will definitively kill you.

Regarding the 5-20 pips:

I think it is way more easy to make consistently 5-20 pips, than trying for the home runs. You could have observed that this year with my looooong term GU trades - a complete mess I can say


Trading the small swings may be much more easier because of the good predictability of some technicals and mean reverting processes. On larger TF you have constantly to deal with a lot of fundamental things which will spite into your soup
  • #12,547
  • Dec 8, 2013 4:35pm Dec 8, 2013 4:35pm
movement now on "zero" volume in EU
  • #12,548
  • Dec 8, 2013 4:50pm Dec 8, 2013 4:50pm
Quoting infinitus
greetings from stormy Hamburg short 2/10 @ 3692 PO short 2/10 @ 3720
filled
  • #12,549
  • Dec 8, 2013 5:18pm Dec 8, 2013 5:18pm
Quoting lastpip
{quote} Hi!as i see your sell order was reached or you close this two position( PO SELL @1.3660 TG 1.3419 PO SELL @1.3548 TG 1.3419
) somewhere?[/quote]No, no closed, they are still open, I only close ops on SL or TG ... I have not closed them, because I know, and have on my numbers, that we could reach 1.3705-1.3715 or even a 1.3752 in case of extensión, BUT over 1.3660 till 1.3750 it's all SELL setup zones ... with target 1.3419

I added shorts some minutes ago @1.3715 with target around 1.3550-1.3524 and thats a target FOR MONDAY-THUESDAY, NO MORE.
  • #12,550
  • Dec 8, 2013 5:30pm Dec 8, 2013 5:30pm
Quoting infinitus
{quote} Hi Halkins, exactly what I have observed times ago. High leverage can make you easily a one day wonder, but in the long haul it will definitively kill you. Regarding the 5-20 pips: I think it is way more easy to make consistently 5-20 pips, than trying for the home runs. You could have observed that this year with my looooong term GU trades - a complete mess I can say Trading the small swings may be much more easier because of the good predictability of some technicals and mean reverting processes. [b]On larger TF you have constantly to...
Hahaha, I love this "soup comparison"
But your right.
The larger TFrames = the more fundamental analysis involved.
I have noticed among traders and my own experience that smaller consistent gains make a profit line steady and smooth, exactly what I want to see on my performance chart. When I was experimenting with my Trade Explorer I noticed targets set more then 100-150 pips away are often like an optical illusion. You think you can catch it, but they disappear when you try to grab it. It happened to me many times that I was well in profits, near to my targets and then some NEWS turned a good trade into bad one.
Read Charts - Not Papers
  • #12,551
  • Dec 8, 2013 6:08pm Dec 8, 2013 6:08pm
Quoting infinitus
{quote} filled
Turned out to be a nice entry

my high is 1.37202
almost to the pipette
Those who say it cannot be done should not interrupt those who are doing it
  • #12,552
  • Dec 9, 2013 12:10am Dec 9, 2013 12:10am
Quoting godim
{quote} An interesting situation is with the cable. There is loss of support. That was just penetration. But for me it is enough to conclude that there will be no direct break on top. I expect the price to come back to support at least until the pink line. This is on one hand. On the other hand, the euro has no right to walk down - 3641. Today is Friday evening ... What will we see to the end of the day?
There is no change. Euro strive to go above the point of conflict. When it makes new highs into UpTrend. The cable has no support from the pink line. Being held back in one place and does not want to go up.

new bullish fan + UpTrend
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 61 KB


Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 86 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #12,553
  • Dec 9, 2013 9:46am Dec 9, 2013 9:46am
Quoting godim
{quote} There is no change. Euro strive to go above the point of conflict. When it makes new highs into UpTrend. The cable has no support from the pink line. Being held back in one place and does not want to go up. new bullish fan + UpTrend {image} {image}
For cable
New peak on daily chart. Has a higher bottom. This means NeutralSlope.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 86 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #12,554
  • Dec 9, 2013 2:26pm Dec 9, 2013 2:26pm
well, shall we blame the run up on the virgins?


Virgin POC's and monthly/weekly S/R levels


virgin POC's at 3760 and 3763
Attached Image (click to enlarge)
Click to Enlarge Name: mm.jpg Size: 418 KB
  • #12,555
  • Dec 9, 2013 3:23pm Dec 9, 2013 3:23pm
Quoting infinitus
well, shall we blame the run up on the virgins? Virgin POC's and monthly/weekly S/R levels virgin POC's at 3760 and 3763 {image}
Well, I always believed that a point of control is not actually a specific price but rather a price range... say a range of 20 pips on each side (Depending on the MP time frame of course).

Therefore when my MP indie shows me a VPOC, I always look to see if price came within 20 pips of that price before I decide if it is a legitimate virgin.
After all, you don't need full penetration to de-virginize, do you?

Anyway, I don't currently have a chart up with MP on it, so perhaps you could check on yours to see if the VPOCs you mention actually meet my criteria. Also, since price has already come to 3745, I think that the VPOCs at 3760 and 3763 are as good as devirginized anyway

Two pops with one prick.
Those who say it cannot be done should not interrupt those who are doing it
  • #12,556
  • Dec 9, 2013 3:55pm Dec 9, 2013 3:55pm
LATEST UPDATE :

Equity :
Expect US index (SPX, Nasdaq, DJ) return to South within 1-2 days or sooner for lower low... watch German & Japan index for confirmation.
Attached Image (click to enlarge)
Click to Enlarge Name: `1.png Size: 128 KB


Euro :
Euro ETF register very High volume while approaching its resistance level.
Attached Image (click to enlarge)
Click to Enlarge Name: `2.png Size: 136 KB


USD :
USD futures register High volume at support level.
Attached Image (click to enlarge)
Click to Enlarge Name: `3.png Size: 147 KB
  • #12,557
  • Dec 9, 2013 4:06pm Dec 9, 2013 4:06pm
Quoting infinitus
well, shall we blame the run up on the virgins? Virgin POC's and monthly/weekly S/R levels virgin POC's at 3760 and 3763 {image}
or this
Attached Image (click to enlarge)
Click to Enlarge Name: eu.PNG Size: 33 KB
  • #12,558
  • Dec 9, 2013 7:16pm Dec 9, 2013 7:16pm
Quoting PipTrapper
{quote} Well, I always believed that a point of control is not actually a specific price but rather a price range... say a range of 20 pips on each side (Depending on the MP time frame of course). Therefore when my MP indie shows me a VPOC, I always look to see if price came within 20 pips of that price before I decide if it is a legitimate virgin. After all, you don't need full penetration to de-virginize, do you? Anyway, I don't currently have a chart up with MP on it, so perhaps you could check on yours to see if the VPOCs you mention actually...



they are true virgins - but we can ask Chicky, he may have greater experience than me in this regard
Attached Image (click to enlarge)
Click to Enlarge Name: eurusddaily.png Size: 160 KB
  • #12,559
  • Dec 9, 2013 7:19pm Dec 9, 2013 7:19pm
Quoting Schickeria
{quote} or this {image}

a butterfly virgin - great
  • #12,560
  • Dec 9, 2013 8:13pm Dec 9, 2013 8:13pm
Quoting infinitus
well, shall we blame the run up on the virgins? Virgin POC's and monthly/weekly S/R levels virgin POC's at 3760 and 3763 {image}

job done - hit the virgins
13 traders viewing now