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  • #18,181
  • Jan 16, 2014 4:12am Jan 16, 2014 4:12am
Quote
Yeah, I c, unfortunately was out at that time, waiting for the new opportunities to come. If usd/cad reach 1.1 and overcome it, Canada should think about some stimulus from a side, then we can expect for real and fast downfall, don't we?

We will see what price tells us then
  • #18,182
  • Jan 16, 2014 4:23am Jan 16, 2014 4:23am
AUDUSD is dropping really fast and we could try to exploit the momentum. We see that POC1 and 2 demand zones are contained within a falling wedge ( bullish pattern ) but r:r which we could trade the pair suggest that we can start looking for short entries around POC1 and POC2. For long setups red level and 8855 should be broken which will indicate a wedge break and some correction going on. Anyway since aussie is in downtrend nice r:r can be played out if POC1 and POC2 give us chances for shorts.

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  • #18,183
  • Jan 16, 2014 4:47am Jan 16, 2014 4:47am
If I may, can you briefly explain how do you determine your levels and your POCs ?

Thanks
  • #18,184
  • Jan 16, 2014 4:48am Jan 16, 2014 4:48am
Quoting T@rantula
AUDUSD is dropping really fast and we could try to exploit the momentum. We see that POC1 and 2 demand zones are contained within a falling wedge ( bullish pattern ) but r:r which we could trade the pair suggest that we can start looking for short entries around POC1 and POC2. For long setups red level and 8855 should be broken which will indicate a wedge break and some correction going on. Anyway since aussie is in downtrend nice r:r can be played out if POC1 and POC2 give us chances for shorts. {image}

Was trading aud on the news and it was like Aussies' NFP
Enter Signature
  • #18,185
  • Jan 16, 2014 5:20am Jan 16, 2014 5:20am
Quoting EternalNewB
If I may, can you briefly explain how do you determine your levels and your POCs ? Thanks
POCs are either supply or demand zones which are determined by my red levels, fibs, patterns, atr stops. The method is not straightforward, you need to have screening experience especially for red levels which represent historically strong and importan levels on higher Tfs.
Quoting dalauris
{quote} Was trading aud on the news and it was like Aussies' NFP

Be careful Still i am glad if u made it , but dont do that with high leverage
  • #18,186
  • Jan 16, 2014 5:23am Jan 16, 2014 5:23am
Any setups for today or you wait for CPI from US?
  • #18,187
  • Jan 16, 2014 5:45am Jan 16, 2014 5:45am
Quoting Brendza
Any setups for today or you wait for CPI from US?
Currently only on AUDUSD and EUR possible, but still we need to wait for CPI and Unemployment. Ill post EURUSD setup in 3 mins
  • #18,188
  • Jan 16, 2014 5:55am Jan 16, 2014 5:55am
EURUSD could be aiming for 3450 soon. If consolidation H4 triangle fails we might see another attempt at 3550. Now pay attention to 3585 and 3550. Those levels need to be cleared in order for EURUSD to continue to 3515 and 3450. Break of 3550 would give a sign that we have possible move in play. On the contrary EURUSD 3680 seems to be broken and kiled by that mid term trendline which puts another confluence and resistance point out there. So pay attention to short setups, selling into rallies and BPC patterns for breakout trades.

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  • #18,189
  • Jan 16, 2014 9:51am Jan 16, 2014 9:51am
Hi Chief... shorted EU@ 3639. trailing with 15 pips ...
  • #18,190
  • Jan 16, 2014 11:06am Jan 16, 2014 11:06am
Quoting kalyan
Hi Chief... shorted EU@ 3639. trailing with 15 pips ...


closed @3590 to attend the webinar
  • #18,191
  • Jan 16, 2014 1:48pm Jan 16, 2014 1:48pm
your analysis is almost always accurate to the pip
THANK YOU for your hard work and help
Best of luck to you in the future
greetings from Bulgaria
  • #18,192
  • Jan 17, 2014 3:23am Jan 17, 2014 3:23am
Quoting kalyan
{quote} closed @3590 to attend the webinar
Well done Kalyan!

Quoting ampburner
your analysis is almost always accurate to the pip THANK YOU for your hard work and help Best of luck to you in the future greetings from Bulgaria
Thank you very much!
  • #18,193
  • Jan 17, 2014 7:58am Jan 17, 2014 7:58am
Quoting T@rantula
EURUSD could be aiming for 3450 soon. If consolidation H4 triangle fails we might see another attempt at 3550. Now pay attention to 3585 and 3550. Those levels need to be cleared in order for EURUSD to continue to 3515 and 3450. Break of 3550 would give a sign that we have possible move in play. On the contrary EURUSD 3680 seems to be broken and kiled by that mid term trendline which puts another confluence and resistance point out there. So pay attention to short setups, selling into rallies and BPC patterns for breakout trades. {image}
The analysis is still valid, sell into rallies and watch for possible 3550 test
  • #18,194
  • Jan 17, 2014 12:03pm Jan 17, 2014 12:03pm
We are going dooown : )
  • #18,195
  • Jan 17, 2014 12:08pm Jan 17, 2014 12:08pm
Hi T

Is AUD / USD going down too ?

Thanks
  • #18,196
  • Jan 19, 2014 8:02am Jan 19, 2014 8:02am
Hello Tarantula! what are your recommendations and tips for Monday 20.01 pairs eur/usd, gbp/usd, usd/jpy? thank you in advance
  • #18,197
  • Jan 19, 2014 3:43pm Jan 19, 2014 3:43pm
I dont write any more in the forum because of busy life , but I know Trantula and I believe he remembers me still . and to whomever new to his thread .
he is a diamond in the rough !.
I SEE YOU !!
  • #18,198
  • Jan 19, 2014 10:18pm Jan 19, 2014 10:18pm
hello tarantula, i am new in trading. whats your recomendation for me to enhance my skill as a trader. thanks.
  • #18,199
  • Jan 20, 2014 2:02am Jan 20, 2014 2:02am
Quoting Igil
Hello Tarantula! what are your recommendations and tips for Monday 20.01 pairs eur/usd, gbp/usd, usd/jpy? thank you in advance
Quoting monkeyboy953
Hi T Is AUD / USD going down too ? Thanks
Hello guys! Sign in for SESSION RECAP TODAY, will be analysing EUR,AUD,GBP and JPY

Quoting monsterpipz
hello tarantula, i am new in trading. whats your recomendation for me to enhance my skill as a trader. thanks.
We will talk about that .

Quoting dbfusion
I dont write any more in the forum because of busy life , but I know Trantula and I believe he remembers me still . and to whomever new to his thread . he is a diamond in the rough !.

HEY DB! Of course i remember you. You and your great way of longer term trading. Would like to see you here again with your valuable posts. How are you, hope all is good. You have been a valuable asset to FF.
  • #18,200
  • Jan 20, 2014 2:05am Jan 20, 2014 2:05am
EURUSD is having a retracement now. I would like to see it around 3575-85 where second POC stands and fibo is making a confluence with trendlines. First POC stands here around 3545 and if the target is a new low we should see it higher. My analysis shows a possible 3470 target but to be effective price should retrace then drop. I am paying attention to 3545 and even better- 3575-85.

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