The Market is Cuckoo | Page 68 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

market Theory 101 Supply and Demand,Market Cycles 7 replies

Market Makers or Market Gamers? 0 replies

One Flew Over the Cuckoo's Nest 14 replies

Market Size (S+P 500 compared to Forex Market?) 0 replies

Time in the Market, Beats Timing the Market? Does this work in FX?? 7 replies

Attachments: The Market is Cuckoo
Exit Attachments

The Market is Cuckoo

  • #1,341
  • Jun 6, 2014 4:54am Jun 6, 2014 4:54am
Quoting infinitus
Good morning FxCube, nice trading yesterday :-) Wish you a nice day and good luck

Thank's my friend.
I wish you also an happy trading in like manner.
I think you like to make plans for your next holidays.
FXcube

People wait all week for Friday. All year for summer. All life for happiness.
  • #1,342
  • Jun 6, 2014 5:08am Jun 6, 2014 5:08am
Some people feel the rain - others just get wet.
Attached Image
  • #1,343
  • Jun 6, 2014 7:01am Jun 6, 2014 7:01am
Quoting Forexcube
EURUSD, Short @1.3657 (5x), Target @ 1.3628 (DR1)
#1'336

The target was executed today.
Exit @ 1.3628, +29 (x3 = 57)

EURUSD, M30, 2014 June 06
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M30, 2014 June 06.jpg Size: 150 KB
  • #1,344
  • Jun 6, 2014 7:09am Jun 6, 2014 7:09am
DAX
Ger30Jun14, Short @ 9995 (3x), Target @ 9800
  • #1,345
  • Jun 9, 2014 6:40am Jun 9, 2014 6:40am
EURUSD, Long @ 1.3590 (DS2) (10x)
  • #1,346
  • Jun 9, 2014 6:42am Jun 9, 2014 6:42am
Swinning Trade
EURUSD, H1, 2014 June 09
EURUSD, Long @ 1.3590 (DS2) (5x), Target @ 1.3646 (DPV)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H1, 2014 June 09.jpg Size: 126 KB
  • #1,347
  • Jun 9, 2014 6:58am Jun 9, 2014 6:58am
EURCHF, Long @ 1.2194 (5x), Target @ 1.2210
EURCHF, Long @ 1.2194 (5x), Target @ 1.2215
  • #1,348
  • Jun 9, 2014 6:59am Jun 9, 2014 6:59am
EURCHF, Long @ 1.2194 (10x), Target @ 1.2300
  • #1,349
  • Jun 9, 2014 7:01am Jun 9, 2014 7:01am
AUDCHF, Long @ 1.8382 (1x)
additively one more Long at monthly's fib 23.6% in expectation of running more "northside" to 38.2%

AUDCHF, Monthly, 2014 June 09
Attached Image (click to enlarge)
Click to Enlarge Name: AUDHF, Monthly, 2014 June 09.jpg Size: 121 KB
  • #1,350
  • Jun 9, 2014 7:11am Jun 9, 2014 7:11am
Further on
Season's Greetings

http://catholicharboroffaithandmoral...un%20Week.html
Attached Image
  • #1,351
  • Jun 9, 2014 11:01am Jun 9, 2014 11:01am
Quoting Forexcube
AUDCHF, Long @ 1.8382 (1x) additively one more Long at monthly's fib 23.6% in expectation of running more "northside" to 38.2% AUDCHF, Monthly, 2014 June 09 {image}
On the other side of A/CHF short at 8395 2x
green pips

There is little conflict in your trades
You are long EU which equals buying CHF as well -99 correalation
By going long A/CHF you are buying the Aud. If EU gains on USD will gain on AUD which will push A/CHF lower
So you will gain on EU but lose to A/CHF
regards
In trading, you have to be defensive and aggressive at the same time
  • #1,352
  • Edited 5:47pm Jun 9, 2014 5:28pm | Edited 5:47pm
Quoting Davit
{quote} On the other side of A/CHF short at 8395 2x green pips There is little conflict in your trades You are long EU which equals buying CHF as well -99 correalation By going long A/CHF you are buying the Aud. If EU gains on USD will gain on AUD which will push A/CHF lower So you will gain on EU but lose to A/CHF regards
1st: Yes! That's right, some orders are long other ones are short, ...but it isn't a conflict, Davit!
2nd: In German you say: "vermeide Klumpenrisiko" (to avoid cluster risc)
3rd: ...minimizing the risc & I can go in with AC at lower levels again.
4th: I like to trade at different time frames & different entry & exit levels.
5th: the time frames (longer term) are completely different by comparing EURUSD with AUDCHF. It's really not the same.
6th: I've also EU Long (longer term) & could trade EU Short at lower time levels (Scalping Trades, Swinging Trade) here & there.
7th: The same I can do with A/CHF!
8th: or I can execute some short at EURCHF and/or CANCHF and go EURUSD Long and/or AUD/CHF Long.
9th: the main issue seems to be with how many risc are you willing to go in a trade. It's a question of risc tolerance.
10th: Be aware that trades could also turn against you for a while.
11th: You'll see that all these trades will run in a winning zone sooner or later.
12th: If not I hav to make my LOM-job (Loss Order Mangement).
13th: correlations between currency pairs could change short- & midterm.
14th: AUDCHF gives positive interests (carry trade).
15th: if you need more arguments I could give you more ones.
16th: AUDCHF will coming back when it would go more downside. This is clearly evident!
Hope it helps!
Best wishes from Switzerland!
FXcube
  • #1,353
  • Jun 9, 2014 5:37pm Jun 9, 2014 5:37pm
Quoting Forexcube
{quote} 1st: Yes! That's right, some orders are long other ones are short, ...but it isn't a conflict, Davit! 2nd: In German you say: "vermeide Klumpenrisiko" (to avoid cluster risc) 3rd: ...minimizing the risc & I can go in with AC at lower levels again. 4th: I like to trade at different time frames & different entry & exit levels. 5th: ...& so on. 6th: I've also EU Long (longer term) & could trade EU Short at lower time levels (Scalping Trades, Swinging Trade) here & there. 7th: The same I can do with A/CHF! 8th: or I can execute some short at...
I also believe that Aud Chf will continue upward to 0.85/0.86 area but unfortunately I missed 0.83 entry (was waiting and still am @ 0.82)... Interesting. We'll see.
"A handful of patience is worth more than a bushel of brains"
  • #1,354
  • Jun 9, 2014 5:42pm Jun 9, 2014 5:42pm
Quoting Iron Pawn
{quote} I also believe that Aud Chf will continue upward to 0.85/0.86 area but unfortunately I missed 0.83 entry (was waiting and still am @ 0.82)... Interesting. We'll see.
Also, Usd Chf is currently at interesting level.... 0.90-0.91
"A handful of patience is worth more than a bushel of brains"
  • #1,355
  • Jun 9, 2014 5:55pm Jun 9, 2014 5:55pm
Quoting Forexcube
EURUSD, Short @1.3657 (5x), Target @ 1.3628 (DR1)
#1'336

The tartget was hit.
Exit @ 1.3628, +29, (x5 = 145)
  • #1,356
  • Jun 9, 2014 5:57pm Jun 9, 2014 5:57pm
Quoting Iron Pawn
{quote} I also believe that Aud Chf will continue upward to 0.85/0.86 area but unfortunately I missed 0.83 entry (was waiting and still am @ 0.82)... Interesting. We'll see.

I would buy AUDCHF also under 0.80 - 0.75- 0.73, if so but I expect an entry phase to a long term upward trend within 0.78 - 0.83.
At 0.83 now I wouldn't trade swinging trades currently, but additively long term trades again.
FXcube
  • #1,357
  • Jun 9, 2014 6:02pm Jun 9, 2014 6:02pm
Quoting Forexcube
{quote} I would buy AUDCHF also under 0.80 - 0.75- 0.73, if so but I expect an entry phase to a long term upward trend within 0.78 - 0.83. FXcube
Totally agree. 0.80 looks very appetizing :-) Are you observing US dollar...or mostly CHF? Buying dollar could find some resistance at the moment.
"A handful of patience is worth more than a bushel of brains"
  • #1,358
  • Jun 10, 2014 6:46am Jun 10, 2014 6:46am
EURUSD, Long @ 1.3547 (20x)
  • #1,359
  • Jun 10, 2014 8:41am Jun 10, 2014 8:41am
EURUSD, Weekly, 2014 June 10

1.3544 - 1.3500 (1.3490) seems a good market price for going long when trusting into the weekly's hammer.
It seems a probability level where I go with more risk into the market with some more Longs.
I not @ 1.3396 could be a probable downside level.
Let's see next friday's ny close.
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, Weekly, 2014 June 10.jpg Size: 106 KB
  • #1,360
  • Jun 10, 2014 8:51am Jun 10, 2014 8:51am
EURCHF Long @ 1.2184 (10x), Target @ 1.22
0 traders viewing now