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  • #18,401
  • Feb 19, 2014 8:20am Feb 19, 2014 8:20am
Interesting opportunity on CADJPY. Looking for a confluence of trendlines and L3 level of cam as we cannot draw correct fib atm. Would like to see a PB to 93.00-93.10 before 92.30 hits. I would look for a sell around that level if I get the PB (pullback)

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  • #18,402
  • Feb 19, 2014 8:29am Feb 19, 2014 8:29am
Quoting T@rantula
{quote} Very nice! This is how I see it now. We might get a retracement to 3750-40, and as we can see we are standing on a trendline which is also the lower bottom of an up channel on H1 TF. From technical standpoint 3750-40 could provide buying opportunities where drop below 3740 might put EURUSD in a range 3720-3740 before next breakout. Technically speaking targets should be 3800-3825. {image}
that is called T way... and I took that entry at 3740.
  • #18,403
  • Feb 19, 2014 8:36am Feb 19, 2014 8:36am
Quoting T@rantula
{quote} Very nice! This is how I see it now. We might get a retracement to 3750-40, and as we can see we are standing on a trendline which is also the lower bottom of an up channel on H1 TF. From technical standpoint 3750-40 could provide buying opportunities where drop below 3740 might put EURUSD in a range 3720-3740 before next breakout. Technically speaking targets should be 3800-3825. {image}
Quoting kalyan
{quote} that is called T way... and I took that entry at 3740.
Well done!

Im +15 on the trade. I may close it or put it at BE+15 as market is waiting for FOMC today.
  • #18,404
  • Feb 19, 2014 8:47am Feb 19, 2014 8:47am
Quoting T@rantula
{quote} {quote} Well done! Im +15 on the trade. I may close it or put it at BE+15 as market is waiting for FOMC today.
Thanks Chief... I will trail it for 15 pips..
  • #18,405
  • Feb 19, 2014 9:05am Feb 19, 2014 9:05am
Hello T@rantula, I wonder what is the criteria for entry to the specified level (eurusd L3 Long).

I have read what you said about to analyze how the price behaves at the point of entry and then enter, but this makes the price move away from the entry point.

Could you give me an idea on how to determine whether to enter, for example today when EURUSD hits level L3 Long.

Also if you could guide me on what would be the right SL for that entry.

Is there a webinar recording where you explain all this things?

Thanks a lot for your time.
  • #18,406
  • Feb 19, 2014 9:13am Feb 19, 2014 9:13am
Quoting Incanus
Hello T@rantula, I wonder what is the criteria for entry to the specified level (eurusd L3 Long). I have read what you said about to analyze how the price behaves at the point of entry and then enter, but this makes the price move away from the entry point. Could you give me an idea on how to determine whether to enter, for example today when EURUSD hits level L3 Long. Also if you could guide me on what would be the right SL for that entry. Is there a webinar recording where you explain all this things? Thanks a lot for your time.
Hello Incanus,

Its a proprietary method which i have personally developed during last couple of years. Tested and proven. Unfortunately I cannot explain it fully as that is a course which needs to be taken to fully understand the method.

Nevertheless, I will keep posting various and interesting setups on 23 possible pairs as I trade the price. It doesnt matter if it is EURUSD or AUDCHF or NZDJPY That is the beauty of trading FX market. A well diversified portfolio.
  • #18,407
  • Feb 19, 2014 9:21am Feb 19, 2014 9:21am
Ok, thank you very much. I will keep following your thread.
When i be ready for taking the course will send you a pm.
Best regards!
  • #18,408
  • Feb 19, 2014 9:46am Feb 19, 2014 9:46am
Quoting Incanus
Ok, thank you very much. I will keep following your thread. When i be ready for taking the course will send you a pm. Best regards!
No problem
  • #18,409
  • Feb 19, 2014 12:18pm Feb 19, 2014 12:18pm
Tarantula,

Thank you for the webinar.

About USDJPY's monday analysis, is it still valid (sell 102,4-102,2)?

Dragan
fxkeys
  • #18,410
  • Feb 19, 2014 8:42pm Feb 19, 2014 8:42pm
picture of USDCHF.. based on the numbers at the btm of this 4 hr chart.. I have decided to take short possie in EURUSD.. and long UDCF.. just my opnion of course
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  • #18,411
  • Feb 19, 2014 8:59pm Feb 19, 2014 8:59pm
Just as a matter of interest..picture of EURAUD day chart the numbers and squares at the btm of the chart are part of the Bill McLaren time sequence.. I posted an earlier chart which shows the 91 days low to low..i have been trading this cross but only short time and using these numbers to give me a sense of direction.. only..its not an exact science
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  • #18,412
  • Feb 20, 2014 4:18am Feb 20, 2014 4:18am
Quoting danc
picture of USDCHF.. based on the numbers at the btm of this 4 hr chart.. I have decided to take short possie in EURUSD.. and long UDCF.. just my opnion of course {image}
closed both positions for GOOD points..picture USDCHF..1 hr
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  • #18,413
  • Feb 20, 2014 5:01am Feb 20, 2014 5:01am
GBPUSD - We may have a setup soon. GBPUSD although BEARISH on higher TFs we can see that this is a retracement. I am paying attention to POC1 and POC2 ( 6620-6600) for a potential long setup. The thing is we have a nice fib confluence swings and inner trendline which has very important touches ( marked on a chart ) and also making a confluence with L4 and Fib swings. 6620-6600 are interesting levels for me to place a long trade. If full swing succeeds we can have the price up to 6730 but of course we should manage the trade once it is in profit.


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  • #18,414
  • Feb 20, 2014 5:15am Feb 20, 2014 5:15am
Quoting danc
picture of USDCHF.. based on the numbers at the btm of this 4 hr chart.. I have decided to take short possie in EURUSD.. and long UDCF.. just my opnion of course {image}
Well done Danc, nice trade.
  • #18,415
  • Feb 20, 2014 5:18am Feb 20, 2014 5:18am
Quoting dragan9
Tarantula, Thank you for the webinar. About USDJPY's monday analysis, is it still valid (sell 102,4-102,2)? Dragan
Sorry for late answer. It has already played out as you can see, there also was a 2nd chance trade to get in, which was also profitable. Hop u got into.

Here are last recap results:

17.02.Session Recap trades
EURJPY +45 target hit
GBPUSD +40 pips
USDJPY 101.20 sell +40 pips
EURUSD ( went off from 3690 to the target +50 )
AUDUSD 9015 buy straight to target -9080 +65

TOTAL:
235 pip potential
  • #18,416
  • Feb 20, 2014 5:35am Feb 20, 2014 5:35am
Quoting T@rantula
{quote} Well done Danc, nice trade.
Thks T
  • #18,417
  • Feb 20, 2014 5:35am Feb 20, 2014 5:35am
[quote=T@rantula;7294050]{quote} Sorry for late answer. It has already played out as you can see, there also was a 2nd chance trade to get in, which was also profitable. Hop u got into.]

I took it this morning, got ouit with 30 , tnks.

Dragan
fxkeys
  • #18,418
  • Feb 20, 2014 5:47am Feb 20, 2014 5:47am
[quote=dragan9;7294085]
Quoting T@rantula
{quote} Sorry for late answer. It has already played out as you can see, there also was a 2nd chance trade to get in, which was also profitable. Hop u got into.] I took it this morning, got ouit with 30 , tnks. Dragan
Great!
  • #18,419
  • Feb 20, 2014 8:03am Feb 20, 2014 8:03am
Looking for a potential trade on CADJPY. 92.50 looks like a good POC if inner trendline gets broken. DPP hasnt been tested in NY session yet, so there is a chance that we might get a PB to H3, DPP and 38.2 confluence. I will be looking for a potential short there.

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  • #18,420
  • Feb 20, 2014 10:22am Feb 20, 2014 10:22am
Quoting T@rantula
Looking for a potential trade on CADJPY. 92.50 looks like a good POC if inner trendline gets broken. DPP hasnt been tested in NY session yet, so there is a chance that we might get a PB to H3, DPP and 38.2 confluence. I will be looking for a potential short there. {image}
1/2 size entered @ 92.42 will manage it accordingly +15 now.
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