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  • #21,501
  • Jun 3, 2015 2:56am Jun 3, 2015 2:56am
AUDJPY has formed an ascending scallop pattern and currently its hanging close to resistance H3 - 96.95. A pullback towards 95.99 zone could be used for buying into dips as 95.99 shows strong POC ( L3, DPP, Trend line, previous swing ) towards 97.00 and 97.40. POC is aligned with a technical ascending scallop and if we dont see a pullback , H4 close above H3 camarilla ( 96.95 ) should push the pair towards 97.40.
Attached Image (click to enlarge)
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  • #21,502
  • Jun 3, 2015 3:11am Jun 3, 2015 3:11am
Hi T,

I'm trying to find what Camarilla settings are for time (eg. Daily, 4 hourly)? Mine are way off and I have set it at daily. It say my pivot is at 96.445 on the AUDJPY thats setting at daily.
It's not about how much you make, it's about how much you don't lose
  • #21,503
  • Jun 3, 2015 3:16am Jun 3, 2015 3:16am
Quoting martyhype
Hi T, I'm trying to find what Camarilla settings are for time (eg. Daily, 4 hourly)? Mine are way off and I have set it at daily. It say my pivot is at 96.445 on the AUDJPY thats setting at daily.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY.png Size: 57 KB


Here is a pic hope it helps with what I'm asking
It's not about how much you make, it's about how much you don't lose
  • #21,504
  • Jun 3, 2015 6:12am Jun 3, 2015 6:12am
Quoting martyhype
{quote} {image} Here is a pic hope it helps with what I'm asking
Hi Marty,

Which platform is that?
  • #21,505
  • Jun 3, 2015 6:16am Jun 3, 2015 6:16am
Quoting T@rantula
{quote} Hi Marty, Which platform is that?
Hi T, It is FXCM _ Marketscope 2.0
It's not about how much you make, it's about how much you don't lose
  • #21,506
  • Jun 3, 2015 6:19am Jun 3, 2015 6:19am
Quoting martyhype
{quote} Hi T, It is FXCM _ Marketscope 2.0
I think they are using different calculation. I use only CAM which has been suited for cammacd method. It is very accurate and precise in regards to levels, but it is incompatible with Marketscope.

H1 chart used daily camarilla, while H4 uses Weekly camarilla levels.
  • #21,507
  • Jun 3, 2015 6:37am Jun 3, 2015 6:37am
Quoting T@rantula
{quote} I think they are using different calculation. I use only CAM which has been suited for cammacd method. It is very accurate and precise in regards to levels, but it is incompatible with Marketscope. H1 chart used daily camarilla, while H4 uses Weekly camarilla levels.
Thankyou for your help and time,Kind regards,Marty
It's not about how much you make, it's about how much you don't lose
  • #21,508
  • Jun 3, 2015 6:48am Jun 3, 2015 6:48am
Quoting martyhype
{quote} Thankyou for your help and time,Kind regards,Marty
No problems. Try to install a separate MT4 and place the indicator there.
  • #21,509
  • Jun 3, 2015 8:21am Jun 3, 2015 8:21am
Good coverage here:
http://www.theguardian.com/business/...b0dfdac923e3da
  • #21,510
  • Jun 4, 2015 3:11am Jun 4, 2015 3:11am
Quoting T@rantula
AUDJPY has formed an ascending scallop pattern and currently its hanging close to resistance H3 - 96.95. A pullback towards 95.99 zone could be used for buying into dips as 95.99 shows strong POC ( L3, DPP, Trend line, previous swing ) towards 97.00 and 97.40. POC is aligned with a technical ascending scallop and if we dont see a pullback , H4 close above H3 camarilla ( 96.95 ) should push the pair towards 97.40. {image}
+30 pips possible on rejection even after bad data. Straight from POC
  • #21,511
  • Jun 4, 2015 3:53am Jun 4, 2015 3:53am
AUD dovish RBA tone, bad Trade balance and Retail sales results pulled the pair down to test 0.7700 zone. From technical perspective AUDUSD is bearish as long as 7800 holds, and we can spot 2 POCs as possible rejection points. First POC comes around 0.7750 zone ( 38.2,L4, and Standard PP ) while second POC ( L3, 50.0, trend line ) comes around 0.7765. If the pair rejects from those 2 points and 0.7800 stands firm we could see 0.7687 then 0.7644. Big volatility in EURUSD and positive correlation with AUDUSD could spike up the pair then reject it afterwards so pay attention to it.
All camarilla levels have been hit last night after AUD Trade balance and Retail sales release so we need to watch pivot points for next levels. Once again we can witness how L5 is indeed a good support.

Attached Image (click to enlarge)
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  • #21,512
  • Jun 4, 2015 8:27am Jun 4, 2015 8:27am
Quoting T@rantula
AUD dovish RBA tone, bad Trade balance and Retail sales results pulled the pair down to test 0.7700 zone. From technical perspective AUDUSD is bearish as long as 7800 holds, and we can spot 2 POCs as possible rejection points. First POC comes around 0.7750 zone ( 38.2,L4, and Standard PP ) while second POC ( L3, 50.0, trend line ) comes around 0.7765. If the pair rejects from those 2 points and 0.7800 stands firm we could see 0.7687 then 0.7644. Big volatility in EURUSD and positive correlation with AUDUSD could spike up the pair then reject it...
+70!
  • #21,513
  • Jun 4, 2015 8:37am Jun 4, 2015 8:37am
Quoting T@rantula
{quote} +70!

are you still holding? (i am thats why i am asking)
  • #21,514
  • Jun 4, 2015 8:40am Jun 4, 2015 8:40am
Quoting KGP
{quote} are you still holding? (i am thats why i am asking)
trail stopped for 65 but you can put your stops to BE and scale out ( depending of the position size )
  • #21,515
  • Jun 4, 2015 9:46am Jun 4, 2015 9:46am
Quoting T@rantula
{quote} trail stopped for 65 but you can put your stops to BE and scale out ( depending of the position size )


i am trailing (usual "procedure" of mine)

65 you believe today?
  • #21,516
  • Jun 4, 2015 9:51am Jun 4, 2015 9:51am
Quoting egkid
{quote} after then as my chart says 1235 because it missed . And need to touch I could b wrong but i share what my chart says Time for vacation to me {image}
done
Now i c 1.1070
somedays markets give freeeee green
  • #21,517
  • Jun 4, 2015 10:39am Jun 4, 2015 10:39am
Quoting KGP
{quote} i am trailing (usual "procedure" of mine) 65 you believe today?
I got 65 pips, now its +100 for those who hold
  • #21,518
  • Jun 4, 2015 10:45am Jun 4, 2015 10:45am
Quoting T@rantula
{quote} I got 65 pips, now its +100 for those who hold
ironically i just closed and came to tell you

was going away and couldnt trust the trailing stop (due to power cuts that had today)

i have held it from .773 up to .765 *(although i had an initial target of .756 but last time i got burned ;-)

thank you
  • #21,519
  • Jun 4, 2015 12:00pm Jun 4, 2015 12:00pm
Quoting KGP
{quote} ironically i just closed and came to tell you was going away and couldnt trust the trailing stop (due to power cuts that had today) i have held it from .773 up to .765 *(although i had an initial target of .756 but last time i got burned ;-) thank you
Still - good pips You are welcome.
  • #21,520
  • Jun 5, 2015 6:47am Jun 5, 2015 6:47am
Important eurusd LEVELS to watch before NFP

Shorting possible:

1280- interim resistance 1325 - Strong resistance 1365- Major intraday resistance

If shorts on rallies are successful we could expect 1180 1150 and 1.1075. Close above 1330 invalidates shorts.
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