The Club! | Page 715 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Help Me Establish The GbpUsd After Dinner Club 40 replies

Attachments: The Club!
Exit Attachments

The Club!

  • #14,281
  • May 10, 2014 9:48am May 10, 2014 9:48am
proposed EW count on EU


12h TF


decision time - right at the lower edge of the triangle (red)


Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_12 Hours_snapshot.png Size: 77 KB
  • #14,282
  • May 11, 2014 8:57am May 11, 2014 8:57am
Low volume bull push, if there is no gap this should be going down.
http://prntscr.com/3i8dp4
  • #14,283
  • May 12, 2014 2:34am May 12, 2014 2:34am
I'm expecting this will happen this week :


Quoting andexQ
Continuation from : {quote} and : {quote} Next week for SP500 : Down side penetration of red-line especially with heavy volume and large black-candle should confirm a change of trend direction to downtrend (orange-line)... Good luck All. {image}
  • #14,284
  • May 12, 2014 2:37am May 12, 2014 2:37am
Volume profiles on EU

clearly bearish below of 3800, but set to consolidate a bit


watch at the lower side 3720 and 3698 for reaction

when, on the upper side 3800-3807 is broken, watch for reaction around 3829-3845

Attached Image (click to enlarge)
Click to Enlarge Name: mm.jpg Size: 544 KB
  • #14,285
  • May 12, 2014 2:39am May 12, 2014 2:39am
Quoting janpec1000
Low volume bull push, if there is no gap this should be going down. http://prntscr.com/3i8dp4
Yep, no stopping volume at all, but set to consolidate a bit
  • #14,286
  • May 12, 2014 2:52am May 12, 2014 2:52am
Murrey Math levels and proposed direction (VWAP assisted) on EU

Most likely set to consolidate a bit before further down

Ideal Murrey Math target on the lower side is the weekly 4/8, monthly 4/8 and daily 0/8 located @ 3672

Attached Image (click to enlarge)
Click to Enlarge Name: mm.jpg Size: 492 KB
  • #14,287
  • May 12, 2014 3:05am May 12, 2014 3:05am
Good morning traedorians peace and pips be upon all of you
watching 3815 but looking to short at 3836 for best r/r
better be not enough salt than too much salt
  • #14,288
  • May 12, 2014 3:25am May 12, 2014 3:25am
NU update:
http://prntscr.com/3ih6me
  • #14,289
  • May 12, 2014 4:11am May 12, 2014 4:11am
Quoting janpec1000
No rate cut yet EUR responds as it was almost heh. Massive stopping volume, this has to tank now, with dollar strenghtening. What caused that major volume across all pairs even if it was only EUR report? {quote} Done, 60 pips drop. Could there be any easier trade at momment than EJ and EU short? I tihnk not. http://prntscr.com/3hbagp http://prntscr.com/3hbaw8
And Gold drop completed, on weak bull leg:
60 pips last week+100 since this weeks market open:
http://prntscr.com/3ihc4o

All no demand indications+weak leg. From all financial instruments that i have been following so far this works every single time on gold and its very easy to predict unlike any other instrument, it does work similar on others but not as frequent as on gold, and especially its very reliable on down trend. I have seen video about some trader that has pointed to USA market manipulation agency or something like that about predictable areas where investment banks push gold price down on weak market with predictable weak volume and weak leg structures just like the one i am showing on pictures. It makes wonder if that is really that frequent manipulation or is it just basic function of supply and demand that is just working very well on gold. Most drops are NY.

http://prntscr.com/3ihdfx
http://prntscr.com/3ihdw0
  • #14,290
  • May 12, 2014 5:18am May 12, 2014 5:18am
It looks like EU is ready for some more nose dive.
  • #14,291
  • May 12, 2014 6:14am May 12, 2014 6:14am
Quoting janpec1000
It looks like EU is ready for some more nose dive.
Today downtarget should be 1.3672 ... with 1.3816-1.3838 as upper limits.

I expect it to drop to 1.3603-1.3580 to the end of week ... will be begin building my next longs around 1.36326
  • #14,292
  • May 12, 2014 7:24am May 12, 2014 7:24am
Quoting infinitus
Murrey Math levels and proposed direction (VWAP assisted) on EU Most likely set to consolidate a bit before further down Ideal Murrey Math target on the lower side is the weekly 4/8, monthly 4/8 and daily 0/8 located @ 3672 {image}
as good as gold
don't predict direction, but dance with flow of water
  • #14,293
  • May 12, 2014 7:53am May 12, 2014 7:53am
Quoting rbetancor
{quote} Today downtarget should be 1.3672 ... with 1.3816-1.3838 as upper limits. I expect it to drop to 1.3603-1.3580 to the end of week ... will be begin building my next longs around 1.36326



looks good so far

from a momentum perspective, it seems, that we have seen (from the top) 1-2-1-now eventually 2 so far

have not counted on small TF to confirm this view


I do not think, that we have seen so far an ABC (from the top), because most momentum was in the first wave down, and ABC's with most momentum in wave A are fairly rare.
  • #14,294
  • Edited 10:10am May 12, 2014 9:53am | Edited 10:10am
Quoting janpec1000
NU update: http://prntscr.com/3ih6me
Yup already going, droped 15 so far meet first demand area now and it wont hold, sellers are stronger. Previous fake bottom pinbar has no value of holding price so it will be ignored and we can go another 20 pips straight down.

GA short 1.8027
  • #14,295
  • May 12, 2014 11:03am May 12, 2014 11:03am
Quoting janpec1000
{quote} Yup already going, droped 15 so far meet first demand area now and it wont hold, sellers are stronger. Previous fake bottom pinbar has no value of holding price so it will be ignored and we can go another 20 pips straight down. GA short 1.8027
Closed GA +8. Just quick scalp on increased selling pressure from volume. I can reshort if it goes higher again.
  • #14,296
  • May 13, 2014 3:53am May 13, 2014 3:53am
GBP short time, over GA and GCAD .
  • #14,297
  • May 13, 2014 5:17am May 13, 2014 5:17am
Quoting janpec1000
GBP short time, over GA and GCAD .
+35 and +28. Closed, chill out time
  • #14,298
  • Edited 9:40am May 13, 2014 6:16am | Edited 9:40am
The power of volume:
http://prntscr.com/3iswwv

Such nice acumolation of shorts, i managed to catch 5 pips checked charts bit too late. Still very nice setup. Ok now for real chill out.

Interesting setup on EU meanwhile:

http://prntscr.com/3iucfy
http://prntscr.com/3iucm9

Stoping volume on H4 and M15, however structure says no for up side. Lets see what develops i am still looking for weakness of bulls to short but now it will have to be some significant signal otherwise this looks like it can go both ways now.
  • #14,299
  • May 13, 2014 12:24pm May 13, 2014 12:24pm
Good afternoon traedorians,peace and pips be upon all of u
i've a got a nzu/usd po at 8670 missed it by a pip as it seemsbut i c that 8636 is holding nicely
imho this means that kiwi aiming higher before falling down maybe 8720 or 8760 area
better be not enough salt than too much salt
  • #14,300
  • May 13, 2014 3:37pm May 13, 2014 3:37pm
Murrey Math levels and proposed direction (VWAP assisted)

Attached Image (click to enlarge)
Click to Enlarge Name: mm.jpg Size: 420 KB
5 traders viewing now