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  • #19,961
  • Oct 9, 2014 4:44am Oct 9, 2014 4:44am
Quoting T@rantula
{quote} {quote} You are welcome!
thank you..
  • #19,962
  • Oct 9, 2014 4:55am Oct 9, 2014 4:55am
e/u i c 2820
  • #19,963
  • Oct 9, 2014 4:58am Oct 9, 2014 4:58am
before some years there was hot competition now just posting i need some challenge lol
cafe then i b back
  • #19,964
  • Oct 9, 2014 5:40am Oct 9, 2014 5:40am
After a successful GBPUSD long setup from yesterday, today we see a chance to fade the strength on GBPUSD around 6235 level towards 6125. There could be a possible divergence forming and current trendline would still be valid as it would make a confluence with H4 and historical sellers.
Attached Image (click to enlarge)
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  • #19,965
  • Oct 9, 2014 5:59am Oct 9, 2014 5:59am
Quoting T@rantula
After a successful GBPUSD long setup from yesterday, today we see a chance to fade the strength on GBPUSD around 6235 level towards 6125. There could be a possible divergence forming and current trendline would still be valid as it would make a confluence with H4 and historical sellers. {image}
Thanks for Update. Still looking for USDJPY's Analysis.
  • #19,966
  • Oct 9, 2014 6:09am Oct 9, 2014 6:09am
Quoting xetrader
{quote} Thanks for Update. Still looking for USDJPY's Analysis.
From intraday perspective 107.13 might be the target. I dont do intra month analysis. The thing is USD may be selling off, but will the dip on USDx be bought soon?
  • #19,967
  • Oct 9, 2014 6:15am Oct 9, 2014 6:15am
Quoting T@rantula
{quote} From intraday perspective 107.13 might be the target. I dont do intra month analysis. The thing is USD may be selling off, but will the dip on USDx be bought soon?
Thanks Thats huge contribution and generosity. Thanks T.
  • #19,968
  • Oct 9, 2014 6:43am Oct 9, 2014 6:43am
Quoting T@rantula
{quote} From intraday perspective 107.13 might be the target. I dont do intra month analysis. The thing is USD may be selling off, but will the dip on USDx be bought soon?
Please check your skype.. Request Sent.
  • #19,969
  • Oct 9, 2014 11:15pm Oct 9, 2014 11:15pm
Dear Mr. T@rantula,

Very nice analysis, respect for you...

Regards...
  • #19,970
  • Oct 10, 2014 7:06am Oct 10, 2014 7:06am
Quoting Red Alert
Dear Mr. T@rantula, Very nice analysis, respect for you... Regards...
Thanks!
  • #19,971
  • Oct 10, 2014 7:41am Oct 10, 2014 7:41am
Quoting T@rantula
{quote} Thanks!
Hi T, anything for GU? i am long from 1.6048x.
  • #19,972
  • Oct 10, 2014 8:10am Oct 10, 2014 8:10am
AUDUSD has 2 possible points for next leg of selling. POC1 comes around 0.8735-45 while 2nd zone is 0.8760-65 based on zig zag, ex sellers and double fib levels. There is a possibility for either one to hit and proceed with a new swing down. AUD is pretty much weak now so the targets are 8700 and 8685.

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  • #19,973
  • Oct 10, 2014 8:12am Oct 10, 2014 8:12am
For what it's worth, you might get a bounce from 6027/6032 level but continuation to 5970 region seems more likely
  • #19,974
  • Oct 10, 2014 8:22am Oct 10, 2014 8:22am
Quoting xetrader
{quote} Hi T, anything for GU? i am long from 1.6048x.
Where is your stop?
  • #19,975
  • Oct 10, 2014 8:36am Oct 10, 2014 8:36am
Quoting woof
For what it's worth, you might get a bounce from 6027/6032 level but continuation to 5970 region seems more likely
I need to agree on that.
  • #19,976
  • Oct 10, 2014 9:19am Oct 10, 2014 9:19am
What does POC stand for, pull-back on breakout continuation?
  • #19,977
  • Oct 10, 2014 9:29am Oct 10, 2014 9:29am
[quote=4_x;7793526]What does POC stand for, pull-back on breakout continuation?[/quote

Point of confluence which means, as far as I understand, is where two or more indicators and S&R levels align
  • #19,978
  • Oct 10, 2014 9:34am Oct 10, 2014 9:34am
I see thank you. So in this strategy MACD, price action, and S&R are being lined up to calculate the POC levels.


[quote=woof;7793564]
Quoting 4_x
What does POC stand for, pull-back on breakout continuation?[/quote Point of confluence which means, as far as I understand, is where two or more indicators and S&R levels align
  • #19,979
  • Oct 10, 2014 9:44am Oct 10, 2014 9:44am
POC is the point of confluence. That is the zone where I place TREND trades to buy/sell. CAMMACD also uses scalping, breakout and countertrend setups, but TREND setups are my favorite and most occasionally traded. CAMMACD combines not just macd, s/r levels but also uses trend lines ( inner,weekly, intraday ) extensively along with price action chart patterns ( triangles, h&s, wedges etc..)
  • #19,980
  • Oct 10, 2014 9:59am Oct 10, 2014 9:59am
Excellent, I like your CAMMACD strategy and seems to be working well for you, thanks. What do you do if trend is different on two different timeframes such as your hourly and daily? I noticed you went with counter trend the other day meaning you probably went with the trend on the lower timeframe chart. Did the indicators, S&R, and price actions heavily outweigh the longer term trend?

Quoting T@rantula
POC is the point of confluence. That is the zone where I place TREND trades to buy/sell. CAMMACD also uses scalping, breakout and countertrend setups, but TREND setups are my favorite and most occasionally traded. CAMMACD combines not just macd, s/r levels but also uses trend lines ( inner,weekly, intraday ) extensively along with price action chart patterns ( triangles, h&s, wedges etc..)
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