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Discovering An Edge

  • #241
  • Jun 30, 2015 2:43am Jun 30, 2015 2:43am
interesting.....I see strength in AUD and jpy ....... Weakest EUR and cHf..... However, nothing too powerful at the moment as the hourly CSM is tightly bunched.
  • #242
  • Jun 30, 2015 2:53am Jun 30, 2015 2:53am
exit GU -10....got caught in Frankie reversal. With GBP numbers and RBA GOV due up in the next hour they are off the board until next hour.
  • #243
  • Jun 30, 2015 2:54am Jun 30, 2015 2:54am
Quoting kprsa
{quote} sl@be. free ride. k
broke even... reentry with half of the position. sl at 1.115, tp at 1.125.

k
  • #244
  • Jun 30, 2015 2:57am Jun 30, 2015 2:57am
Quoting vlady1974
{quote} I love free rides!Board shows EU strength today K so I think you could be in for a good move.
i guess i was too quick to make it free of charge... better safe than sorry. thanks for the info on strength!
cheers
k
  • #245
  • Jun 30, 2015 3:03am Jun 30, 2015 3:03am
short eu 1.1165
  • #246
  • Jun 30, 2015 3:14am Jun 30, 2015 3:14am
One of my GBPCAD longs got stopped on BE based on German news. Other one survived it, ironically the one with the worst entry. Meh... that's trading.
AUDCAD is struggling slightly underwater but I'll keep it. AUDNZD strong at just under 50 green beans. All have targets except AUDCAD.
A pip is only worth it if you know how much you risked to earn it
  • #247
  • Jun 30, 2015 3:16am Jun 30, 2015 3:16am
Quoting kprsa
{quote} i guess i was too quick to make it free of charge... better safe than sorry. thanks for the info on strength! cheers k
K here is the current strength on my FX Dashboard. This one measures strength on/against 200EMA
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 902 KB
A pip is only worth it if you know how much you risked to earn it
  • #248
  • Jun 30, 2015 3:22am Jun 30, 2015 3:22am
MADASH Currency Board
FYI those wondering about that board, the generosity of HonestKnave and 919Gilead can be located here:
http://www.forexfactory.com/showthre...35#post8354035
A pip is only worth it if you know how much you risked to earn it
  • #249
  • Jun 30, 2015 3:25am Jun 30, 2015 3:25am
Quoting vlady1974
EURCAD has potential  {image}
. Limit orders triggered.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM30.png Size: 24 KB
  • #250
  • Jun 30, 2015 3:27am Jun 30, 2015 3:27am
Quoting vlady1974
{quote} K here is the current strength on my FX Dashboard. This one measures strength on/against 200EMA {image}
Overall, against the Long Term average of 200 exponentially weighted intervals on 15M, 1H, 4H, 1D, 1W timeframes

Strong
CHF
JPY
GBP
USD
(not in any order)
I would take caution on CHF though as I've read that the swiss are swapping their currency for EUR to devalue their currency by proxy.

Weak
NZD - quite obvious
AUD - especially against USD, so others could be arbitrage / re-balancing opportunities being taken
CAD
I don't know if the AUD and CAD is representative of mining/minerals/metals in light of other world dramas compounded by Grexit fears.... although this seems to have been priced in by the market already. I know that in London, the BOE have done simulations on how to handle a Black Monday Morning if Greece actually did exit EUR or had their funding stopped.
A pip is only worth it if you know how much you risked to earn it
  • #251
  • Jun 30, 2015 3:29am Jun 30, 2015 3:29am
Quoting LITEchild
{quote} . Limit orders triggered. {image}
Me too!
Long EURCAD @ 13852.4, targets later

Edit:
Possible target @ 14152.9 but will need to break through short term resistance levels.
A pip is only worth it if you know how much you risked to earn it
  • #252
  • Jun 30, 2015 3:32am Jun 30, 2015 3:32am
Quoting kprsa
Bought e/u, feeling suicidal.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 26 KB
  • #253
  • Jun 30, 2015 3:35am Jun 30, 2015 3:35am
Quoting vlady1974
{quote} Possible target @ 14152.9

1.404 and 1.416 for me.
  • #254
  • Jun 30, 2015 3:35am Jun 30, 2015 3:35am
Interesting Vlady,
I have mine set up to show price vs 15 min, 1 hr , 4hr and daily open prices. Shows almost the exact opposite.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-06-30 03_33_17-EURUSD,H4.png Size: 164 KB
  • #255
  • Jun 30, 2015 3:36am Jun 30, 2015 3:36am
Quoting LITEchild
{quote} {image}
Yes, seems to be a tricky trade...
Doesn't matter, ideas are important!

k
  • #256
  • Jun 30, 2015 3:39am Jun 30, 2015 3:39am
confirmed by my main CSM....
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-06-30 03_38_01-EURUSD,H1.png Size: 145 KB
  • #257
  • Jun 30, 2015 3:40am Jun 30, 2015 3:40am
EU 1/2 off +10... TS enabled
  • #258
  • Jun 30, 2015 3:44am Jun 30, 2015 3:44am
Quoting kprsa
{quote}Doesn't matter, ideas are important! k
  • #259
  • Jun 30, 2015 3:45am Jun 30, 2015 3:45am
BOOM on AUDCAD!
3 out of 4 trades are risk free. Come on EURCAD!
A pip is only worth it if you know how much you risked to earn it
  • #260
  • Jun 30, 2015 3:47am Jun 30, 2015 3:47am
@Vlady: Remember this guy?
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYM30.png Size: 24 KB
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