{quote} Thanks T! I have a fib pulled on the 15m, watching the levels and structure to the left. I would like to sell from there as well. I had sold this pair before the news for a scalp. need a re-entry.{image}
- #19,562
- Jul 3, 2014 9:31am Jul 3, 2014 9:31am
- Joined May 2009 | Status: step into liquid | 3,459 Posts
{quote} +50 pips on yesterday's NZDUSD setup and here is addendum. I may be looking for a possible new sell around 8750 towards 8700 and 8680 if the price pullbacks. We have strong down candles with wicks in the area of previous head and shoulders , historical support and fib confluence. 8780 must hold if 8750 is touched for a complete downward target. {image}
- #19,564
- Jul 3, 2014 4:13pm Jul 3, 2014 4:13pm
- Joined May 2009 | Status: step into liquid | 3,459 Posts
- #19,565
- Jul 3, 2014 4:57pm Jul 3, 2014 4:57pm
- | Commercial User | Joined Feb 2010 | 14,361 Posts
nzd/usd seems to have a lot of starch in it. lol Beware of bank holiday in US.
Spot on It should drop.
- #19,566
- Jul 3, 2014 7:49pm Jul 3, 2014 7:49pm
- Joined May 2009 | Status: step into liquid | 3,459 Posts
{quote}
lol
- #19,567
- Jul 4, 2014 2:29am Jul 4, 2014 2:29am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
{quote} It should start moving in a few hours.
Although i added 1 more short at 8758 so total of 30 pips
- #19,569
- Jul 4, 2014 7:17am Jul 4, 2014 7:17am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Hi T! I have question regarding camarilla indi. You are trading on H1 TF and if price is between L3 - H3 levels...price goes up thru H3 and comes back below H3, then I enter short. My question is, do you wait for H1 candle first to close above H3 and then the next H1 candle to close below H3 and then you enter a trade? Tnx, FX MiG
Its not that simple else it wouldnt be called as a "METHOD." Hope u understand.
- #19,575
- Jul 8, 2014 7:58am Jul 8, 2014 7:58am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
USDCAD has broken the important high and its trying to reach 1.0730-35 region. POC could give us a nice entry towards 1.0730 and if it gets there we could also try for a short swing trade. We can see a nice confluence of trendline and L4 cam level but also a history of near term historical buyers. POC stands around 1.0655-1.0645.
- #19,577
- Jul 8, 2014 9:22am Jul 8, 2014 9:22am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Hi T@rantula Thanks for the awesome thread, I've been following it for quite a while and finally got round to registering. I'm a huge fan of your work and it's great to see strong traders taking the time to contribute so much to the community. I especially enjoyed your webinar on how to trade non / low volatility. I think it's really apt under current conditions... Anyway the main reason I joined is I wanted to ask which tools you use and how you calculate correlation etc? I'm a bit of a novice and I hope it's not a stupid question. Any useful tips,...
Thanks for comments. I have planned to explain how i use correlations and to show some tools which i use, but that is the process where i need to take some time aside. I think I might b able do do it on upcoming weekend. Watch for post then.
P.S. There is NO stupid question
We were all novice traders.
{quote} Hello Badasti, Thanks for comments. I have planned to explain how i use correlations and to show some tools which i use, but that is the process where i need to take some time aside. I think I might b able do do it on upcoming weekend. Watch for post then. P.S. There is NO stupid question