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Price Action and Trading Discussion

  • #5,061
  • May 6, 2014 2:57am May 6, 2014 2:57am
Quoting GDR3k
{quote} I'm looking at 142.570 for a short to ride it back down.

whats that based of Mr badass .. still doing the spinner thing?
Passion, Persist, Patience, Protect
  • #5,062
  • May 6, 2014 2:58am May 6, 2014 2:58am
Quoting DarkWolF
{quote} {quote} That was certainly a strong push up though. But does not mean it wont push back now just as hard.
Yeah Cautiously watching 4hr Currency Strength is suggesting it might not be the best play. as EUR slightly heading up and JPY slightly heading down. Would like a solid PA trigger to get me jazzed

http://screencast.com/t/tdCd6gSNQwjO
  • #5,063
  • May 6, 2014 3:14am May 6, 2014 3:14am
Quoting FXEmpire
{quote} whats that based of Mr badass .. still doing the spinner thing?
Yep
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  • #5,064
  • May 6, 2014 3:20am May 6, 2014 3:20am
Quoting FXEmpire
{quote} whats that based of Mr badass .. still doing the spinner thing?
Ghost Rider - WWTBMD?
  • #5,065
  • May 6, 2014 3:28am May 6, 2014 3:28am
Quoting GDR3k
{quote} Yep {image} {image}
thats what I thought.. nice to see it working out for you.. but the damn thing are all over the place, how you distinguish the profitable ones is beyond me
Passion, Persist, Patience, Protect
  • #5,066
  • May 6, 2014 3:37am May 6, 2014 3:37am
Quoting FXEmpire
{quote} thats what I thought.. nice to see it working out for you.. but the damn thing are all over the place, how you distinguish the profitable ones is beyond me
It's a matter of scalping the bounces at those points which they will almost always do. Small bounces 10 to 20 pips sometimes much more, high risk, good pay outs. Still learning the nitty gritty of it myself but when it comes to scalping these points, nobody does it better than GD.

Sorry for the intrusion into your thread.
Ghost Rider - WWTBMD?
  • #5,067
  • May 6, 2014 3:56am May 6, 2014 3:56am
Quoting albchr
{quote} It's a matter of scalping the bounces at those points which they will almost always do. Small bounces 10 to 20 pips sometimes much more, high risk, good pay outs. Still learning the nitty gritty of it myself but when it comes to scalping these points, nobody does it better than GD. Sorry for the intrusion into your thread.
not my thread it's Dwolfies thread.
Thanks for explanation he had mentioned it to me while ago so I recall slightly as to what he does..
I look for his expensive book or underground secret work shop, lol.
Passion, Persist, Patience, Protect
  • #5,068
  • May 6, 2014 4:04am May 6, 2014 4:04am
Took $EURJPY Short http://screencast.com/t/D4Jbd16Bgw
  • #5,069
  • May 6, 2014 4:05am May 6, 2014 4:05am
Quoting njodogg
Took $EURJPY Short http://screencast.com/t/D4Jbd16Bgw
Closed half at 38.2
  • #5,070
  • May 6, 2014 4:15am May 6, 2014 4:15am
short on cj..
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Passion, Persist, Patience, Protect
  • #5,071
  • May 6, 2014 4:37am May 6, 2014 4:37am
$GBPJPY any thoughts? http://screencast.com/t/EDVROi8WAn
  • #5,072
  • May 6, 2014 5:19am May 6, 2014 5:19am
Eurusd is now heading fast towards the 1.400 mark, which Draghi has vowed to keep it below and is at a major resistance level from around the middle of March. What will the forthcoming ECB meeting on Thursday bring? Thoughts?
  • #5,073
  • May 6, 2014 5:28am May 6, 2014 5:28am
Quoting jen101
Eurusd is now heading fast towards the 1.400 mark, which Draghi has vowed to keep it below and is at a major resistance level from around the middle of March. What will the forthcoming ECB meeting on Thursday bring? Thoughts?

oh, stay tight I get'em on a call right away..
Passion, Persist, Patience, Protect
  • #5,074
  • May 6, 2014 5:35am May 6, 2014 5:35am
Quoting njodogg
{quote} Closed half at 38.2
Took another half off at the 50%
  • #5,075
  • May 6, 2014 5:44am May 6, 2014 5:44am
$EURJPY all closed out, 1 pip off TP but its time to get ready for the day. have a good one folks! wouldn't be surprised if it totally flushes after I exit ha ha

http://screencast.com/t/zb0Yll0yS
  • #5,076
  • May 6, 2014 6:07am May 6, 2014 6:07am
Quoting njodogg
$EURJPY all closed out, 1 pip off TP but its time to get ready for the day. have a good one folks! wouldn't be surprised if it totally flushes after I exit ha ha http://screencast.com/t/zb0Yll0yS

well done brother..
Passion, Persist, Patience, Protect
  • #5,077
  • May 6, 2014 9:14am May 6, 2014 9:14am
Quoting FXEmpire
short on cj.. {image}

closed this one for +35
Passion, Persist, Patience, Protect
  • #5,078
  • May 6, 2014 9:54am May 6, 2014 9:54am
Bearlish Engulfing on NZD/CAD at H4.I'm not to sure about it because of the news on NZD tonight.
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  • #5,079
  • May 6, 2014 7:17pm May 6, 2014 7:17pm
Out and about but take a look at GPBCHF 4hr NY Charts. A few inside bars there. Expecting a big move. Once range breaks.
  • #5,080
  • May 6, 2014 9:17pm May 6, 2014 9:17pm
long on gj... looking to get lucky off the pullback..
it's a free ride anyhow
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Passion, Persist, Patience, Protect
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