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  • #135,761
  • Jun 23, 2015 11:10am Jun 23, 2015 11:10am
[quote=MissPips;8341945][quote=build11;8341490]{quote}

Thanks for the response and ideas .
Dennis
Peace
  • #135,762
  • Jun 23, 2015 11:13am Jun 23, 2015 11:13am
Quoting MissPips
{quote} It's based on the Pembatas indie that Sakisf posted. If I undersand it correctly, it shows a histogram of how often the chosen instrument was at a given price during the selected period. But what I did was try to emulate something that Infinitus did with volume (because they both have to be counting ticks, since that's what volume is in MT4) and I put it on the chart twice - once counting the ticks EUR was at a certain price during the swing up from the bottom to now and once counting the ticks EUR was at a certain price during the downswing...
Does it have an option to look back only a given time period? say a week/month
  • #135,763
  • Jun 23, 2015 11:27am Jun 23, 2015 11:27am
Quoting OfWolfAndMan
{quote} Does it have an option to look back only a given time period? say a week/month
Sure. You just drag the start and end lines where ever you want.
  • #135,764
  • Jun 23, 2015 11:29am Jun 23, 2015 11:29am
Quoting OfWolfAndMan
{quote} ..waiting for 121x area..
My mistake was looking at too much micro when the move was clearly a large tf one. I had a buy limit that i'm glad i canceled, but closing my short trade at 1.12345 paid for the mistake.
Anyway now that we got the bounce off 1142/47 waiting for 1127/1285
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  • #135,765
  • Jun 23, 2015 12:00pm Jun 23, 2015 12:00pm
Decent H4 buy signal added to the previous one.
f(z)=z2+c
  • #135,766
  • Jun 23, 2015 12:30pm Jun 23, 2015 12:30pm
Quoting hathor
Decent H4 buy signal added to the previous one.
Aiming to cross the "forest" this time?...je je je.... The roll will give a cleaner map  for my taste ...
Wherever the case, as expected 1.114x held intraday but any short term trigger will only come with a re re re confirmation tweet from Greece later this week ...until then ....
Gl managing those longs....
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #135,767
  • Jun 23, 2015 12:42pm Jun 23, 2015 12:42pm
Quoting hathor
Decent H4 buy signal added to the previous one.
The market seems in panic selling EUR mode. When the danger of short squeeze due to a Greek deal is now gone, for everyone becomes clear that the fundamental policy divergence will drive the pair down. For me at least 100 pips more down before any meaningful correction. I may start thinking about short term longs around 1070.
  • #135,768
  • Jun 23, 2015 12:48pm Jun 23, 2015 12:48pm
Quoting sisse
{quote} Aiming to cross the "forest" this time?...je je je.... The roll will give a cleaner map  for my taste ... Wherever the case, as expected 1.114x held intraday but any short term trigger will only come with a re re re confirmation tweet from Greece later this week ...until then .... Gl managing those longs.... sisse
Sisse, do you think that good news for Greece deal will cause the pair to go higher? Yesterday's news about the deal lead to the opposite reaction in EUR/USD.
European equity markets for sure will continue to climb, but probably accompanied by establishing short EUR hedges, which in term should lead the pair even lower.
  • #135,769
  • Jun 23, 2015 1:12pm Jun 23, 2015 1:12pm
Quoting jaxx80
{quote} Sisse, do you think that good news for Greece deal will cause the pair to go higher? Yesterday's news about the deal lead to the opposite reaction in EUR/USD. European equity markets for sure will continue to climb, but probably accompanied by establishing short EUR hedges, which in term should lead the pair even lower.
No not really. I think a Greek deal has no impact whatsoever in the direcction of the euro at the current levels. (However a default short term it will have an impact via risk).
I was referring at micro noise on the tweet confirming the kicking the can will be enough to clean/trap weak intraday hands and feed momentum on his long positions....
If there is going to be one more final swing up in the euro will be via the dollar (fed fomc was soft) not via Greece.
I agree with you with 1.104x/2z. Below and we will have set the high of the year...
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #135,770
  • Jun 24, 2015 4:41am Jun 24, 2015 4:41am
Today's most amount of (trapped?) shorts are in this current M15 candle.
[Tsipras says creditors didn't accept Greek proposals: Official]
f(z)=z2+c
  • #135,771
  • Jun 24, 2015 6:05am Jun 24, 2015 6:05am
Since the current bottom, there were triple H4 buy signal (1st was the H4 which set the low and 2 next to that).
Last time this kind of extended signal was from 5th of June to 8th of June.
It means to me, there were plenty of time to load hidden longs, so new high should come.
The drop did it's purpose, the retail sentiment is heavy short again, the only thing I don't like is the Short:long Lot ratio, but I guess most traders are just scalping the up move and planning to short higher, so the higher the pair goes, the more shorts should be opened and vice versa until previous top.
Time will tell.
f(z)=z2+c
  • #135,772
  • Jun 24, 2015 6:14am Jun 24, 2015 6:14am
Quoting hathor
Since the current bottom, there were triple H4 buy signal (1st was the H4 which set the low and 2 next to that). Last time this kind of extended signal was from 5th of June to 8th of June. It means to me, there were plenty of time to load hidden longs, so new high should come. The drop did it's purpose, the retail sentiment is heavy short again, the only thing I don't like is the Short:long Lot ratio, but I guess most traders are just scalping the up move and planning to short higher, so the higher the pair goes, the more shorts should be opened...
thank you for sharing
  • #135,773
  • Jun 24, 2015 7:23am Jun 24, 2015 7:23am
Moving news coming in a few .... a quick overview for the play.

Expecting inline with expectations GDP (which is slow down in US economy). Any undershoot/overshoot will send shockwaves.

A less than expected / undershoot GDP will start weighing heavier on rates. Shifting towards Q1 2016 from Sep 2015 and strongly pointing at only 1 rate hike (not 2 in the next 6 months) that must be confirmed via inflation and NFP numbers in the coming weeks. Direct move 1.118x ---> 1.134x with intermediate stop 1.128x as markets is loaded with soft short hands (run of soft stops). A break above unlocks 1.154x in a fast move with Greece confirmation for the W/M roll.

A better than expected / overshoot GDP for a easy play 1.121x ---> 1.108x for a KEY test of strong support. A break below with the W/M combo will CONFIRM/set January as the high of the year.

Inline. GDP micro chop zone with a test of current lows for a micro zigzag move later to 1.128x for the Greek noise and weekly close ....

Clear map ... choose you poison time intraday if you are not already in ....

GL all

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #135,774
  • Jun 24, 2015 7:32am Jun 24, 2015 7:32am
Quoting sisse
Moving news coming in a few .... a quick overview for the play. Expecting inline with expectations GDP (which is slow down in US economy). Any undershoot/overshoot will send shockwaves. A less than expected / undershoot GDP will start weighing heavier on rates. Shifting towards Q1 2016 from Sep 2015 and strongly pointing at only 1 rate hike (not 2 in the next 6 months) that must be confirmed via inflation and NFP numbers in the coming weeks. Direct move 1.118x ---> 1.134x with intermediate stop 1.128x as markets is loaded with soft short hands (run...
inline it is
  • #135,775
  • Jun 24, 2015 4:04pm Jun 24, 2015 4:04pm
Daily buy signal.
Last monthly/weekly/daily/H4 signal: buy
Time will tell.
f(z)=z2+c
  • #135,776
  • Jun 25, 2015 2:43am Jun 25, 2015 2:43am
Good day everyone
Still on fence but azz starting to get sore .

Quoting hathor
Daily buy signal. Last monthly/weekly/daily/H4 signal: buy Time will tell.
I see hathor is trying to push me off . Think ill stay here until 1260 / 70 Might try a little something - something there

good trading all

Edit pay no attention to above #s , that's something im experimenting with . 1300 to 1320 are correct #s
Peace
  • #135,777
  • Jun 25, 2015 6:32am Jun 25, 2015 6:32am
Hah...what a tiring day..
f(z)=z2+c
  • #135,778
  • Jun 25, 2015 7:24am Jun 25, 2015 7:24am
Quoting hathor
Hah...what a tiring day..
Maybe the news in a few will spice things up a bit ! Hard for me to trade a 2 day 80 pip range
Peace
  • #135,779
  • Jun 25, 2015 7:40am Jun 25, 2015 7:40am
Interesting how US datas are in line with expectations...market is in stalling (loading) mode.
However...long lot ratio dropped from ~55% to 35%.
Fear...I like it.
f(z)=z2+c
  • #135,780
  • Jun 25, 2015 7:40am Jun 25, 2015 7:40am
Quoting build11
{quote} Maybe the news in a few will spice things up a bit ! Hard for me to trade a 2 day 80 pip range
A non event it seems .
Mr Sisse hit the nail on the head when he said chop zone !!

I'm outa here .
Everyone have a great day trading .
Peace
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