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Oktoberfest Nightclub

  • #4,341
  • Apr 21, 2014 10:07am Apr 21, 2014 10:07am
Quoting Davit
Hi Schickeria I hope you don't mind me posting here regularly.I like the group of posters here most on my subscribe list. My plan on EU Limit shorts in sequentially placed 2x3850 2x3880 2x39 Fundamentally with EZ elections coming up and ECB concerns about EU strength I am Bearish on EU My ordering logic is price can turn at 3850 but not go pass 3880 hence at least I am in minimally.If all my limits get triggered I'll be happy despite of DD which is part of my trading method. Regards
EURUSD

goes on my nerves but she should go to 1.37663 than up to 1.38546
  • #4,342
  • Apr 21, 2014 10:09am Apr 21, 2014 10:09am
Quoting Davit
{quote} Thanks friend Looking at G/CHF as possible short.Price is close to my sell zone 4880 around there.Prefer inside 2nd and 3rd deviations {image}
I'm short GBPUSD with target 1.6740
  • #4,343
  • Apr 21, 2014 10:11am Apr 21, 2014 10:11am
Quoting Schickeria
{quote} I'm short GBPUSD with target 1.6740
me too 6 positions
similar tP

On 24th hoping .25 increase on Kiwi making it 3. and this could overshoot to 88
NZ can't survive this high.Wont take long to get back to 85
That's on my planning cards for this week.
In trading, you have to be defensive and aggressive at the same time
  • #4,344
  • Apr 21, 2014 10:13am Apr 21, 2014 10:13am
Quoting Davit
{quote} me too 6 positions similar tP

i want to start tomorrow with trading
  • #4,345
  • Apr 21, 2014 10:20am Apr 21, 2014 10:20am
Quoting Schickeria
{quote} AUDUSD I don't know if we see a HH to 0.9500 - 0.9523 area. Watching the wave strucure from 0.9460 to 0.9323 is corrective and we should see one leg higher minimum to 0.9364 or a new HH. I can say more if i see the first upmove. on the lower side we should find @ S 0.93149 or S1 level 0.9304 sup. for a leg higher to 0.9364 or a new HH. That is my view atm...
0.93149 hit on the pip exactly

lets see if we see now a higher high
  • #4,346
  • Apr 21, 2014 12:26pm Apr 21, 2014 12:26pm
Technical Analysis for GBP/USD:

From a very long-term view, cable is nearing the top of the range set by 2009 crisis. This particular monthly supply is slowly giving in, prices pushing deeper. One very important price I can see is a tried-and-tested resistance at 1.70430, I expect to see some selling around this number, but overall I'm bullish on this pair in long term.
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  • #4,347
  • Apr 21, 2014 12:33pm Apr 21, 2014 12:33pm
GBP/USD Continued:

H4 chart shows area of interest at 1.67260 and further downside risk to the round psychological number 1.67. This is an excellent area to watch out for buyers stepping in.
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  • #4,348
  • Apr 21, 2014 1:02pm Apr 21, 2014 1:02pm
A bit of fundamental analysis:

UK is in a recovery, GDP y/y figures are very good, inflation is in check, well within 2% long term target and stable if you look at the last 6 month figures. There are no real fundamental reasons for cable not to return to its median average historical price, which is around 1.89, even with the drop we saw during the crisis period.
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  • #4,349
  • Apr 21, 2014 2:51pm Apr 21, 2014 2:51pm
Quoting Schickeria
{quote} 0.93149 hit on the pip exactly lets see if we see now a higher high
hi schick,

i was expecting little more downside torwards .9248 / .9216
but i´m probably wrong.
just do it
  • #4,350
  • Apr 21, 2014 9:41pm Apr 21, 2014 9:41pm
GBPUSD

Short 1.6797

TP 1.6760
  • #4,351
  • Apr 21, 2014 10:02pm Apr 21, 2014 10:02pm
Quoting doggette
GBP/USD Continued: H4 chart shows area of interest at 1.67260 and further downside risk to the round psychological number 1.67. This is an excellent area to watch out for buyers stepping in. {image}
GBPUSD

1.66493 is stil untested may be we go a little lower
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  • #4,352
  • Apr 21, 2014 10:06pm Apr 21, 2014 10:06pm
Schic,

Crude WTI worth watching from the quotes I am seeing is in short term topping process. Still no access to terminal but if you can see the projection on Daily Time Frame would be great to have at least a Weekly set-up for more than 500 ticks.

Edit: Re G/U and E/U personal opinion G/U upside risk is higher than E/U. EUR/GBP might give a clue.
  • #4,353
  • Apr 21, 2014 10:12pm Apr 21, 2014 10:12pm
Quoting Ken A
Schic, Crude WTI worth watching from the quotes I am seeing is in short term topping process. Still no access to terminal but if you can see the projection on Daily Time Frame would be great to have at least a Weekly set-up for more than 500 ticks. Edit: Re G/U and E/U personal opinion G/U upside risk is higher than E/U. EUR/GBP might give a clue.
Good Morning Ken,

lets see bounce to the mid 1.6742 should be a normal move before up.

I'm not so sure if we reach 1.70xx the next weeks.
  • #4,354
  • Apr 21, 2014 10:20pm Apr 21, 2014 10:20pm
Quoting Ken A
Schic, Crude WTI worth watching from the quotes I am seeing is in short term topping process. Still no access to terminal but if you can see the projection on Daily Time Frame would be great to have at least a Weekly set-up for more than 500 ticks. Edit: Re G/U and E/U personal opinion G/U upside risk is higher than E/U. EUR/GBP might give a clue.
WTICrude

projecting this move on WTICrude for this week
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  • #4,355
  • Apr 21, 2014 10:29pm Apr 21, 2014 10:29pm
Quoting Ken A
Schic, Crude WTI worth watching from the quotes I am seeing is in short term topping process. Still no access to terminal but if you can see the projection on Daily Time Frame would be great to have at least a Weekly set-up for more than 500 ticks. Edit: Re G/U and E/U personal opinion G/U upside risk is higher than E/U. EUR/GBP might give a clue.
GBPUSD if we reach today 1.6804/7 area i want to reload more (larger short order with target 1.6760)
  • #4,356
  • Apr 21, 2014 10:30pm Apr 21, 2014 10:30pm
DAX

watching area 9538 for shorts with target 9251
  • #4,357
  • Apr 21, 2014 10:38pm Apr 21, 2014 10:38pm
Gold

long @ 1287.170


tp1 = 1305
tp2 = 1318
tp3 = 1346
  • #4,358
  • Apr 21, 2014 10:39pm Apr 21, 2014 10:39pm
Hi guys.
Got home from work.Seating at decent profits from EU and GU shorts but holding for lot more.
Lets see what London has to offer.Much of recent good data on USD has not been consumed yet.Very big retail sales and green unemployment claims.
In trading, you have to be defensive and aggressive at the same time
  • #4,359
  • Apr 21, 2014 10:41pm Apr 21, 2014 10:41pm
Quoting Schickeria
{quote} Good Morning Ken, lets see bounce to the mid 1.6742 should be a normal move before up. I'm not so sure if we reach 1.70xx the next weeks.
Morning Schic, I won't go that far to 1.70 although technical is pointing in that direction. First target for me is still lower mofu 1.6879x 2009 old supplies.
  • #4,360
  • Apr 21, 2014 10:42pm Apr 21, 2014 10:42pm
Quoting Davit
Hi guys. Got home from work.Seating at decent profits from EU and GU shorts but holding for lot more. Lets see what London has to offer.Much of recent good data on USD has not been consumed yet.Very big retail sales and green unemployment claims.
UK PRESS: The FT says UK companies are having mixed thoughts on the strength of
sterling and how it may impact on their business. The paper says many, including
retailer Burberrys, have issued warnings that the higher exchange rate will
impact profits this fiscal year. However, the paper also noted how some, mainly
domestic-based operations, see the strength of the pound capping inflation and
helping consumer spending
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