The Club! | Page 716 | 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!

  • #14,301
  • May 13, 2014 3:43pm May 13, 2014 3:43pm
EU Volume profiles

will we volume fill the area up to 3758?


Attached Image (click to enlarge)
Click to Enlarge Name: mm.jpg Size: 492 KB
  • #14,302
  • May 13, 2014 3:44pm May 13, 2014 3:44pm
Quoting infinitus
EU Volume profiles will we volume fill the area up to 3758? {image}
around 3662 seems to be support; crossing of that POC may then be already stopped by the 3650 no-business-zone
  • #14,303
  • May 13, 2014 4:44pm May 13, 2014 4:44pm
EU 4h TF

Channels and levels

pink monthly
red weekly
blue daily
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_4 Hours_snapshot.png Size: 85 KB
  • #14,304
  • May 14, 2014 1:14am May 14, 2014 1:14am
Hi all .. waiting 1.3636-1.3580 zone for begin building longs with target 1.4368-1.4436, this should be last cycle of longs.

Also doing intraday shorts when get a good singal from the system on the lower TF's

As for today ... with SL on 1.3748-1.3752 ... any rallie should be sell, looking for 1.3670 and 1.3640 on extension
  • #14,305
  • May 14, 2014 1:17am May 14, 2014 1:17am
As soon as USDCHF reach the red box ... EU should be ready to begin scaling in the longs

Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-h4-x-trade-brokers.png Size: 97 KB


Also GU should be around the orange box ... that gives us a very good oportunity in GBPCHF when both conditions meets

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-x-trade-brokers.png Size: 96 KB
  • #14,306
  • May 14, 2014 2:57am May 14, 2014 2:57am
Quoting rbetancor
Hi all .. waiting 1.3636-1.3580 zone for begin building longs with target 1.4368-1.4436, this should be last cycle of longs. Also doing intraday shorts when get a good singal from the system on the lower TF's As for today ... with SL on 1.3748-1.3752 ... any rallie should be sell, looking for 1.3670 and 1.3640 on extension
You might want to scale down your TP due to Junes rate cut, we wont get to 1.43, unles you are keeping it very long term.

EU
http://prntscr.com/3j2p3r

EJ sellers also pressing on low, it wont hold. Shorty short time.
  • #14,307
  • May 14, 2014 3:06am May 14, 2014 3:06am
EU daily TF

Attached Image (click to enlarge)
Click to Enlarge Name: mm.jpg Size: 500 KB
  • #14,308
  • May 14, 2014 3:11am May 14, 2014 3:11am
Quoting janpec1000
{quote} You might want to scale down your TP due to Junes rate cut, we wont get to 1.43, unles you are keeping it very long term. EU http://prntscr.com/3j2p3r EJ sellers also pressing on low, it wont hold. Shorty short time.

EW wise we have bullish options still left, but I think sentiment has already shift to the bearish side and we will not see the 1.4 handle again for a longer time

The 367x area seems to be an interesting place, since many people are watching the zone. I think, when we manage to cross the 3670-3650 area with a strong momentum move, the bulls may not get a party soon.

But as ever: playing step by step is the best solution to trade the markets
  • #14,309
  • May 14, 2014 3:15am May 14, 2014 3:15am
Quoting janpec1000
{quote} You might want to scale down your TP due to Junes rate cut, we wont get to 1.43, unles you are keeping it very long term. EU http://prntscr.com/3j2p3r EJ sellers also pressing on low, it wont hold. Shorty short time.
Doesn't matter if rate cut or not ... math are maths ... anyhow ... first target it's 50% back of this downmove 1.3999-1.36xx ... then 50% will be cashed ... and the rest to BE+30 till target reached ... if reached ... ok ... if not .. will be scaling out position.

On Weekly I have a 1.45-1.48 target ... and we are plenty of room the get there ...
  • #14,310
  • May 14, 2014 3:16am May 14, 2014 3:16am
Quoting janpec1000
{quote} You might want to scale down your TP due to Junes rate cut, we wont get to 1.43, unles you are keeping it very long term. EU http://prntscr.com/3j2p3r EJ sellers also pressing on low, it wont hold. Shorty short time.
But we also should notice, that we can count the leg down actually as 5 waves down. Momentum also got weaker from wave down to wave down.

So chances are truly high, that we might see a bounce (up) shortly.
  • #14,311
  • May 14, 2014 3:18am May 14, 2014 3:18am
Quoting infinitus
{quote} EW wise we have bullish options still left, but I think sentiment has already shift to the bearish side and we will not see the 1.4 handle again for a longer time The 367x area seems to be an interesting place, since many people are watching the zone. I think, when we manage to cross the 3670-3650 area with a strong momentum move, the bulls may not get a party soon. But as ever: playing step by step is the best solution to trade the markets
Yes ... step by step ... people tend to live on the 15M chart ... and that's an error.

I do Big TimeFrame maths ... then scale in to 60Min, 15M and sometimes till 5-1M charts for getting the entries ... or getting a clear counter-trend (agains the higher degree TF) scalping oportunity
  • #14,312
  • May 14, 2014 3:21am May 14, 2014 3:21am
Quoting infinitus
{quote} But we also should notice, that we can count the leg down actually as 5 waves down. Momentum also got weaker from wave down to wave down. So chances are truly high, that we might see a bounce (up) shortly.
On H1 I don't see 5W down ... I see 3W-conector of 1-2, 1-2 and then A down, now B should be around 1.3720-1.3740 ... and C down to 1.3636, so then ... it will be a 3-3 down
  • #14,313
  • May 14, 2014 3:27am May 14, 2014 3:27am
Euro:

Still no solid sign from Bull or stopping volume... be careful if you go long at .3670 - .3700 area.


Attached Image (click to enlarge)
Click to Enlarge Name: `1.png Size: 154 KB
  • #14,314
  • May 14, 2014 3:27am May 14, 2014 3:27am
Quoting rbetancor
{quote} Doesn't matter if rate cut or not ... math are maths ... anyhow ... first target it's 50% back of this downmove 1.3999-1.36xx ... then 50% will be cashed ... and the rest to BE+30 till target reached ... if reached ... ok ... if not .. will be scaling out position. On Weekly I have a 1.45-1.48 target ... and we are plenty of room the get there ...
In my opinion one should not focus too obsessive on the math, since no one on earth was ever able to show/find the underlying math of movements. Sentiment is driving the market, and it can turn everytime without extrinsic trigger.

All we can do with math, in my opinion, is playing some "models" and their probability values.

But never forget: probability is not certainty.

I do know what you are talking about and can understand what you are talking about.

But in my opinion, it is a big fault to look at higher or highest TF and say, e.g., "on monthly it will go to 1.45-1.48"

That is because of social mood is first decided/turned on the lower TF, and its picture is set forth to the higher TF's

Small TF dictate the outcome of high TF, and not vice versa. People tend to use the higher TF, because it is easier to read because of filtering out the "white noise". But what for some people is simply "white noise" is for other people the substructure of the waves.
  • #14,315
  • May 14, 2014 3:30am May 14, 2014 3:30am
Quoting rbetancor
{quote} On H1 I don't see 5W down ... I see 3W-conector of 1-2, 1-2 and then A down, now B should be around 1.3720-1.3740 ... and C down to 1.3636, so then ... it will be a 3-3 down
sorry, can not follow you on the count
  • #14,316
  • May 14, 2014 3:51am May 14, 2014 3:51am
I think it may be safe to long between 3698 and 3720

higher leveraged longs towards 3670-3650
  • #14,317
  • May 14, 2014 4:01am May 14, 2014 4:01am
AU:

Clear signal for shorting... I did LOL.


Attached Image (click to enlarge)
Click to Enlarge Name: `2.png Size: 288 KB
  • #14,318
  • May 14, 2014 4:26am May 14, 2014 4:26am
morning traedorians peace and pips be upon all of u,
took a small nzd/usd buy order at 8634 now at be considering the reaction just under the daily resistance right now looking good and aiming for a test of 8690. managed to take a gbp/usd buy at this spike down after the news at 6812 still struggling
better be not enough salt than too much salt
  • #14,319
  • May 14, 2014 4:33am May 14, 2014 4:33am
managed to take a gbp/usd buy at this spike down after the news at 6812
baaaaaaaad idea
better be not enough salt than too much salt
  • #14,320
  • May 14, 2014 4:52am May 14, 2014 4:52am
that area(6752-74) needed to be filled i guess
better be not enough salt than too much salt
5 traders viewing now