Spider's Den

Quoting danc

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here is one.. first one I looked at.. I trade EUAD.. as opposite to OZ.. low was 1.1678.. hi was 13048..3 clear waves.. dates 1/8/13 to 1 /2/13.. 181 days.. or 2x 90.. or 144x1.25.. also difference between 2 prices 1370 div by 144.. =9.5.. so he would say time squared and so does price..so he go short.. Hummmm just noticed 7 waves from that low to current hi.. must check time .. just as matter of interest mind ..I don't really follow this stuff

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Quoting danc

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I will shut up after this.. just on EURAUD Day again.. from major low 1/8/12 to current hi 24/1/14 is 540 days give or take a few.. 47x 90 is 540.. also 144 goes.. also difference between 2 prices 4227..well 47 by 90 is 4230.. Mclarens rules.. time and price sq....MMM .. it also appears to work on peoples time lines..i wonder aalmost enough to make you believe in God..or me any how

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Quoting T@rantula

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I see interesting situation on GBPJPY. We are in the 2nd swing in intraday uptrend timeframe and situation on daily suggest we are bullish. So we need to pay attention of trendline intersection and fibs. 166.45-166.20 looks interesting, as also have L3 level there. Now, since its Friday the market will probably be a bit slow and it will be waiting for the upcoming news. {image}

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Quoting T@rantula

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{quote} 70 pips on this one! {image}

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Quoting EternalNewB

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{quote} well deserved and very nicely played

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Quoting kalyan

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Wanted to short EU @ 3640.But was afraid.. I may be wrong. But somehow my mind is waiting for 3680. If it does not break 3580...I think possible..

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Quoting T@rantula

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{quote} You should have Kalyan when u saw it at least for a scalp. Still if it breaks thru it possible setup is 3685. But as unemployment came better then expected we may see another retest of 3550 region.

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Quoting kalyan

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{quote} Thank you Chief,I am relieved by your confirmation of the levels. If not I would be thinking am I mad expecting 100 pips to short..

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Quoting danc

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T just as matter of interest.. EURAUD day low to low rectangles and T line 91 cal days and price squares..will be watching for long trade.. {image}

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Quoting jaylovin

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end of week... we are still in a down sloping channel... i was wrong - 3650 isn't a bull/bear barrier.. it still higher in the sub 1.37 region... so 3688 is my number here.. i am still looking for 1.34 and perhaps beyond... back to work next week so will be less active {image}

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Quoting jaylovin

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so we won't get much action today imo.. this is where it helps having a day job... i am still bearish though i have been wrong many times... nothing changed since my previous post {image}

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Quoting T@rantula

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{quote} Ideal scenario if 3650 resists. Yes, no action so far, price doesnt give me the room to analyze....5 pip range..

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Quoting T@rantula

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{quote} Ideal scenario if 3650 resists. Yes, no action so far, price doesnt give me the room to analyze....5 pip range..

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Quoting T@rantula

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Here is NZDUSD analysis. NZDUSD is in uptrend. We could wait for a PB to 8280 zone which shows a great confluence of 61.8 last swing 38.2 major swing and H4 cam level. In that case target is 8340. Stops should be placed just below 8250. {image}

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Quoting infinitus

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{quote} 3650 is a "no-business-zone" for me (see red rectangle on the volume profile picture). Straight behind that zone is the 3660 to 3670 high volume zone, which may give enough supply to contain the move below of them. {image}

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Quoting T@rantula

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{quote} I agree with you 3670-85 is indeed the zone which could provide selling opportunities. Also it looks like bearish wedge is forming but its too steep. Your charts are also interesting containing Murrey levels. It seems they also take tick volume into account right? {image}

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