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  • #868,621
  • Jan 8, 2014 12:33am Jan 8, 2014 12:33am
Quoting cdndollar
{quote} hey 45.. looks like old Guppy will tease us for a while.. could be wrong, but with a bit of help from Cable & EURGBP the projected H4 "For Pip's Sake" profile may look like this..

Hi CNDollar,

Sorry for the delay in reply… I was enjoying the expensive service provided by Air France – at the front of the aeroplane – and which has delivered me from Europe to your part of the world. But West of the Black Ditch.

No, I did not take the in-flight amenity pack… it is so common to do so.

No, I did not pay for my ticket: the corporation did… I’d have to be crazy, or rich, to pay the prices for such seats out of my own pocket. Indeed, it is thanks to all on this forum that purchase my corporation’s products, that I can partake of such luxury. So thanks… you all contributed!

I’m now slumming it in a rather nice suite room in a renowned five-star chain hotel, within a large Chinese city. And, after having a little nap after the flight, enjoying the rest of the day off work.

Pff, a little jet lag creeping in… I may have to call upon the services of the hotel masseuse. And no, this level of establishment does not pressure the guest into anything special.

Again, this is all thanks to you kind gentlemen. And ladies, if present.


I'm still viewing this as a retest of the break south of the daily Guppy profile, and hope this now proves to be resistance against the current, small retrace to test.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusddaily.png Size: 78 KB
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #868,622
  • Jan 8, 2014 12:38am Jan 8, 2014 12:38am
Quoting ffleo
{quote} good afternoon, mate. Guppy is a bunch of MAs. is it necessary to plot all the MAs out rather than a few typical ones?

A bunch of MAs they may well appear to be, but I tend to use them for ‘compressional’ studies… for want of a better description.

No one particular MA represents a definitive point of PA for me. Indeed, one could argue that timeframes alone distort any indicator that one chooses to utilise – all indicators that are based upon previous PA, indicative of, at best, probability, and thus failing the Holy Grail test.

Add to this consideration that we are all following money flows that have already commenced – most of us here do not have propriety oversight of primary capital – and ‘classic’ indicators represent little more than antiquated action.

Some traders may pay for secondary oversight, but I think that for the rest of us, we are, at best, basing our decisions upon tertiary transactions. In short, hitching a ride on the back of big money.

I tend to follow the direction of a daily trend – even more so if the weekly and monthly are in agreement – and will look to the red MAs, as seen on my charts, as my guide. These MAs are reputed to represent larger money flows – institutional traders – within the market, and the greater their separation from each other, the more confidence do I have in the trend.

The blue MAs as seen on my charts are said to represent speculators, and so there will be greater fluctuation in their movement. This can be seen quiet clearly if looking at the peaks and troughs evident in the blue MAs on a daily chart, when matched against news releases and such forth.

I take my entries based more on the behaviour of PA on a 4-hour chart, with Fibonacci studies – a non-lagging, but nonetheless subjective indicator, as it predicts levels of PA probability based upon mathematical relationships – as my targets, and to a lesser extent, my stops.

My style of trading is, I think quiet clearly, not suitable for scalpers. I use compressions against trend of a 4-hour Guppy profile, to determine my entry positions. Hmm, that may not make much sense, and so I’ll try to produce a pictorial explanation.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #868,623
  • Jan 8, 2014 12:40am Jan 8, 2014 12:40am
Quoting winningtrade
One can go short on EURUSD for intraday trading on a spike upto 1.3650-55 for a target of 1.3570-75.
You sound familiar.........
  • #868,624
  • Jan 8, 2014 12:41am Jan 8, 2014 12:41am
Quoting LarryDarrell
{quote} Good to hear! My EUR/CHF is still running (part), but the rest (EA, USDCHF) got stopped out over the yearend = f%%%ers. Otherwise: sideline till tomorrow afternoon, after that we might get a clue about general direction...
Here, I'm just watching... too many buddies and mates around.
We don't feel like it anymore.

The other channels, Larry.
  • #868,625
  • Jan 8, 2014 12:43am Jan 8, 2014 12:43am
Quoting england33
{quote} I wouldn't tell anyone for free.. I know how people are.. write up a contract or forget it. or i control the money or no deal! oh and it's got to be notarized legal contract! No exceptions! i do all the work your money or not I'm getting 50% of profit after taxes or no deal!
y

10% is easy to get. You need just two clients, one buyer and one seller .......................... just learn some technical jargons, draw 3 dozen lines on a chart and make a summary of yearly world financial brief.................... as an added security a helmet, a felt jacket, and if you like, find out where Jacko is safely hiding. Thats all you need.
The Thief of Wall Street
  • #868,626
  • Jan 8, 2014 12:53am Jan 8, 2014 12:53am
Quoting Ken A
{quote} The other username is still in suspension

Double top GBP/CHF?
  • #868,627
  • Jan 8, 2014 12:55am Jan 8, 2014 12:55am
Can anyone tell where u/j sis headed?
  • #868,628
  • Jan 8, 2014 12:56am Jan 8, 2014 12:56am
Quoting Ck87
{quote} Double top GBP/CHF?
Not sure will hold have reason why it won't but worth a shot

Quoting paulonyx
Can anyone tell where u/j sis headed?
105.00 is busted so next challenge is 105.50 expecting selling protection before touching that level. Then Technical challenge will be 105.5x.

Probably not much action after Asian session due to .........
  • #868,629
  • Jan 8, 2014 1:05am Jan 8, 2014 1:05am
Quoting Ken A
{quote} Not sure will hold have reason why it won't but worth a shot {quote} 105.00 is busted so next challenge is 105.50 expecting selling protection before touching that level. Then Technical challenge will be 105.5x. Probably not much action after Asian session due to .........

What you think about GBP/CAD EUR/CAD USD/CAD at these levels? They seem over extended... might wait for some momentum and take a short set up, although it is against the trend which I hate to be...
  • #868,630
  • Jan 8, 2014 1:08am Jan 8, 2014 1:08am
Quoting Ck87
{quote} What you think about GBP/CAD EUR/CAD USD/CAD at these levels? They seem over extended... might wait for some momentum and take a short set up, although it is against the trend which I hate to be...
E/CAD is already 3/4 back to test last high. Will it hold? Watch U/CAD and E/U

Same goes for GBP/CAD

Over extended? Not sure. G/U just retraced from 1.66 and looks like setting bottom in last few sessions
  • #868,631
  • Jan 8, 2014 1:16am Jan 8, 2014 1:16am
Here's hoping LO spikes down and gives us a nice long entry from the bottom ;-)

I'm looking long
@pawpaw1000 on Twitter
  • #868,632
  • Jan 8, 2014 1:25am Jan 8, 2014 1:25am
Quoting Ken A
{quote} Not sure will hold have reason why it won't but worth a shot {quote} 105.00 is busted so next challenge is 105.50 expecting selling protection before touching that level. Then Technical challenge will be 105.5x. Probably not much action after Asian session due to .........

Nice one
  • #868,633
  • Jan 8, 2014 2:05am Jan 8, 2014 2:05am
Quoting pawpaw1000
Here's hoping LO spikes down and gives us a nice long entry from the bottom ;-) I'm looking long


Bought some

Will sell it back below 3600 if we get there...

EDIT: Out of small position... Flat
@pawpaw1000 on Twitter
  • #868,634
  • Jan 8, 2014 2:17am Jan 8, 2014 2:17am
going to try and sell on a retest off 1.36 (try to)
  • #868,635
  • Edited 2:36am Jan 8, 2014 2:23am | Edited 2:36am
Hi guys,

I have spotted the break at 1.3617 and another short was add to my account at 1.3616, this break is more important than the PA seeing yesterday, now let's see which level will hold this break until afternoon indicators.

Gl all

P.S. In Portugal and other places in Europe Hercules storm is doing a mess in several coastal villages and towns, big waves never seeing before and in US big snow storms and freezing also very rare to be seeing, to everyone affected by these storms a big hug from Mike.
  • #868,636
  • Jan 8, 2014 2:26am Jan 8, 2014 2:26am
im thinking it is going to take out the stops below 1.3590, then we will have to wait and see if offers show up ahead of 1.3575
Attached Image
  • #868,637
  • Jan 8, 2014 2:28am Jan 8, 2014 2:28am
Trying another buy here with SL below Range on H1

EDIT: Trading with spread at 3 pips is one of the reasons retail traders don't make it! sure of it, rather fund your account with more money so you can have lower spreads?
@pawpaw1000 on Twitter
  • #868,638
  • Jan 8, 2014 2:32am Jan 8, 2014 2:32am
Quoting usernamehere
im thinking it is going to take out the stops below 1.3590, then we will have to wait and see if offers show up ahead of 1.3575 {image}
...not to mention the noted ACB selling
  • #868,639
  • Jan 8, 2014 2:35am Jan 8, 2014 2:35am
lets hunt some stops!
All posts are my personal opinion
  • #868,640
  • Jan 8, 2014 2:36am Jan 8, 2014 2:36am
a break and a pull back to 36 would be an idea, otherwise I do not know, maybe just ranging between 36 and 3650 before any BO
Wherever you go, there you are.
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