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  • #20,161
  • Nov 12, 2014 4:36am Nov 12, 2014 4:36am
Quoting GoldenCaviar
Trying out that free divergence indicator Tarantula presented a few days ago. Is the bearish divergence signal for 1H EUR strong enough? {image}
I missed something? Where I find it? Thanks.
  • #20,162
  • Nov 12, 2014 4:54am Nov 12, 2014 4:54am
EURUSD is trapped in a triangle after a bearish breakout from HS variant 3 and we can see both HIDDEN BEARISH divergence ( trend continuation ) and REGULAR BULLISH divergence. That is the battle of bulls and bears. Technically the price should reach 2360 and 2280 subsequently but if 2510 is broken 2540 and 2570 are targets. I still think the price should go lower, especially because of BAD data from EZ and good USA fundamentals. Technically we can also see a consolidation in lower triangle after HS break which is also a bearish sign.

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-11-12_13-41-44.png Size: 67 KB
  • #20,163
  • Edited 9:39am Nov 12, 2014 8:40am | Edited 9:39am
Quoting T@rantula
{quote} 2510 needs to hold for 2280. Before 2280 is reached 2350 will be tested. NY will give us answer.
Closed at 1.2430 with decent profit. Shorted at 2480 again, because the resistance seems to be strong so far, TP 2425. I am waiting for another intraday swing down.
  • #20,164
  • Nov 12, 2014 11:39am Nov 12, 2014 11:39am
Quoting GoldenCaviar
{quote} Closed at 1.2430 with decent profit. Shorted at 2480 again, because the resistance seems to be strong so far, TP 2425. I am waiting for another intraday swing down.
Well done.I made 60 pips total. The only reason I closed it is that it still didnt break 2350. We will see. I do expect new shorts if the price rallies again
  • #20,165
  • Nov 12, 2014 12:09pm Nov 12, 2014 12:09pm
Quoting T@rantula
{quote} Well done.I made 60 pips total. The only reason I closed it is that it still didnt break 2350. We will see. I do expect new shorts if the price rallies again
SL at the pivot you pointed out earlier. Might leave it overnight, if Wall Street closes at those stocks levels. Nearly +110 pips on well behaved euro today.
  • #20,166
  • Nov 13, 2014 5:12am Nov 13, 2014 5:12am
AUDNZD shows a strong confluence around POC1 and POC2 respectively. POC1 shows multiple fibs + DPP+ H3 in the 1.1085 - 1.1095 zone. POC 2 is the combination of inner trend lines fibs and H4 level. In order to follow the trend selling higher is always the first option. Target for the move is 1.1050 but only if price retraces back to possible entry zones.
Attached Image (click to enlarge)
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  • #20,167
  • Nov 13, 2014 7:32am Nov 13, 2014 7:32am
SNB should defend EURCHF 1.20 floor. It is a pegged currency and we could go with a low risk trade buying it now - 1.2019 SL 1.9990 TP 1.2100
  • #20,168
  • Nov 13, 2014 1:53pm Nov 13, 2014 1:53pm
Quoting T@rantula
SNB should defend EURCHF 1.20 floor. It is a pegged currency and we could go with a low risk trade buying it now - 1.2019 SL 1.9990 TP 1.2100
Do you mean the stoploss 1.1990 ?
Thanks
  • #20,169
  • Edited 3:50am Nov 14, 2014 12:37am | Edited 3:50am
I think it's time for the EUR to break above 1.25. Do you? French and German GDP fundamentals boosted the uptrend. CPI for eurozone will be decisive for today's threshold.
  • #20,170
  • Nov 14, 2014 4:20am Nov 14, 2014 4:20am
Quoting GoldenCaviar
I think it's time for the EUR to break above 1.25. Do you? French and German GDP fundamentals boosted the uptrend. CPI for eurozone will be decisive for today's threshold.
Yes but also its a profit taking day, so there might be some spikes.

Quoting moshnjack
{quote} Do you mean the stoploss 1.1990 ? Thanks
Yes.
  • #20,171
  • Nov 14, 2014 5:47am Nov 14, 2014 5:47am
Quoting T@rantula
SNB should defend EURCHF 1.20 floor. It is a pegged currency and we could go with a low risk trade buying it now - 1.2019 SL 1.9990 TP 1.2100
currently on this as well for round number, stoploss set..
  • #20,172
  • Nov 14, 2014 6:28am Nov 14, 2014 6:28am
Quoting bolehbah69
{quote} currently on this as well for round number, stoploss set..
Me 2, hope this will be a great trade.
  • #20,173
  • Nov 14, 2014 8:41am Nov 14, 2014 8:41am
Quoting T@rantula
{quote} Yes but also its a profit taking day, so there might be some spikes. {quote} Yes.
Remember my post couple of H ago about the profit taking. Look at the roller coaster . IT was the profit taking Now we are back in the intraday trend again.
  • #20,174
  • Nov 14, 2014 12:27pm Nov 14, 2014 12:27pm
Quoting T@rantula
{quote} Remember my post couple of H ago about the profit taking. Look at the roller coaster . IT was the profit taking Now we are back in the intraday trend again.
you were damn right, awesome anylisis mate
  • #20,175
  • Nov 17, 2014 12:37am Nov 17, 2014 12:37am
Quoting moshnjack
{quote} you were damn right, awesome anylisis mate
Thanks!
  • #20,176
  • Nov 17, 2014 12:37am Nov 17, 2014 12:37am
Quoting T@rantula
AUDNZD shows a strong confluence around POC1 and POC2 respectively. POC1 shows multiple fibs + DPP+ H3 in the 1.1085 - 1.1095 zone. POC 2 is the combination of inner trend lines fibs and H4 level. In order to follow the trend selling higher is always the first option. Target for the move is 1.1050 but only if price retraces back to possible entry zones. {image}
+70 pips this one! Hope u made money also with this one.
  • #20,177
  • Nov 17, 2014 6:51am Nov 17, 2014 6:51am
Read this guys. This is a primer how currency manipulation works.

http://dealbook.nytimes.com/2014/11/...n-worked/?_r=0
  • #20,178
  • Nov 17, 2014 7:16am Nov 17, 2014 7:16am
Reuters reported that the Longon fix time will be changed to 5 minutes instead of 1 minute, more time to manipulate

There' was also an bloomberg reserach posted few months ago which pointed that 4pm London fix quick surges and then retreat happened around 50 % times in 2 years they looked into. 50%....
  • #20,179
  • Nov 17, 2014 7:20am Nov 17, 2014 7:20am
Quoting Wuza
Reuters reported that the Longon fix time will be changed to 5 minutes instead of 1 minute, more time to manipulate There' was also an bloomberg reserach posted few months ago which pointed that 4pm London fix quick surges and then retreat happened around 50 % times in 2 years they looked into. 50%....
I hope they will be heavily fined, each and every time . Its so obvious on the chart when those things happen and you can do nothing... 50 % wow...
  • #20,180
  • Nov 17, 2014 7:28am Nov 17, 2014 7:28am
Quoting T@rantula
{quote} I hope they will be heavily fined, each and every time . Its so obvious on the chart when those things happen and you can do nothing... 50 % wow...

There's the article to be exact ~

http://www.bloomberg.com/news/2013-0...ing-clues.html
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