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  • #21,681
  • Jul 28, 2015 6:29am Jul 28, 2015 6:29am
EURUSD almost 100 pip rejection
  • #21,682
  • Jul 28, 2015 6:39am Jul 28, 2015 6:39am
Quoting T@rantula
EURUSD almost 100 pip rejection


what do you think now?
  • #21,683
  • Jul 28, 2015 4:30pm Jul 28, 2015 4:30pm
Quoting MarianneOslo
{quote} what do you think now?
Scale out/protect your trade

Tomorrow is FOMC
  • #21,684
  • Jul 29, 2015 1:58am Jul 29, 2015 1:58am
US FED will release the statement today, without any press conference and we will probably have some range-bound market till FED statement. Expectations towards rate hike are rising and we could see a rate hike in between September and December. US CPI has come in line with expectations, Core Durable Orders also while major news release for CAD will be GDP later in the week (Friday). However any mention of a possible hike is bullish to USD and traders will pay close attention to FED's statement.
Technically USDCAD has broken through 4h trend line and it is falling towards POC. POC1 (L4, triple bottom, 50.0 fib ) comes at 1.2930 zone and the zone could reject the price. If the retracement continues, next zone to watch for is 1.2865-45 (L5, 61.8 fib) just above strong round number support which makes a confluence with double top/historical breakout point and 78.6. That support is naturally 1.2800. If the pair gains upward momentum after rejection it will target .1.3030 and 1.3100. Only H4 close above 1.3100 will target 1.3150.
However a drop below 1.2800 could extend towards 1.2750 and 1.2700.
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  • #21,685
  • Jul 29, 2015 2:45am Jul 29, 2015 2:45am
Hi Tarantula,

The pivot points you are using are from standard Camariladt Indicator right?
I am using Camariladt indicator on my charts but the pivot points are placed just a bit differently than yours so I was wondering what kind of settings do you use on that indicator. Here below I have attached a screenshot of my AM MT4 USDCAD chart.
Attached Image (click to enlarge)
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  • #21,686
  • Jul 29, 2015 4:05am Jul 29, 2015 4:05am
Quoting AyushAtts
Hi Tarantula, The pivot points you are using are from standard Camariladt Indicator right? I am using Camariladt indicator on my charts but the pivot points are placed just a bit differently than yours so I was wondering what kind of settings do you use on that indicator. Here below I have attached a screenshot of my AM MT4 USDCAD chart. {image}
Download my PP indicator here:

http://www.forexfactory.com/showthre...66#post8398466
  • #21,687
  • Jul 29, 2015 3:05pm Jul 29, 2015 3:05pm
Quoting T@rantula
US FED will release the statement today, without any press conference and we will probably have some range-bound market till FED statement. Expectations towards rate hike are rising and we could see a rate hike in between September and December. US CPI has come in line with expectations, Core Durable Orders also while major news release for CAD will be GDP later in the week (Friday). However any mention of a possible hike is bullish to USD and traders will pay close attention to FED's statement. Technically USDCAD has broken through 4h trend line...
100 pip rejection from POC2!
  • #21,688
  • Jul 30, 2015 3:27am Jul 30, 2015 3:27am
Calmer market today, but definitely we have had a great movement on EU UC and AU. Well AU not so big but still 50 pips possible.
  • #21,689
  • Jul 30, 2015 5:40am Jul 30, 2015 5:40am
AM ACCURATE PP based on LO open

Attached Image
  • #21,690
  • Jul 30, 2015 6:48am Jul 30, 2015 6:48am
GBP is gaining upward momentum lifted by preliminary GDP estimates and that could be aditional signal that UK economy is recovering. FED is still undecided about the dates for a rate hike. Latest statement cleared out that FED officials want to see further job market gains before the hike.
1.5570-80 zone shows strong confluence. Pullback towards POC zone (L3,50.0,ascending trend line, inner trendline) could be used for long entries, however keeping in mind that any momentum break or 4H close below 1.5545 could initiate bearish pressure towards 1.5500. General intraday trend is bullish and GBPUSD should target 1.5560 and 1.5710. Adding to a bullish zig zag MACD has just crossed above 0 line and its signalling for a possible bullish momentum.

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  • #21,691
  • Jul 31, 2015 3:05am Jul 31, 2015 3:05am
USDJPY has bounced after FED statement which clearly stated that the rate hike is inevitable after further job gains. We think it could come in September or December, but December seems more likely. According to Reuters poll economic growth in US is picking up pace which goes in accordance with FED's possible tightening monetary policy in September.
USD has shown strength even after bad advance GDP data which is the primary gauge of the economic's health.
Technically USDJPY is showing V shaped reversal variant 2 with a possible rejection from current levels towards 123.40 zone. If rejection happens we could use POC zone at 123.40 ( 78.6, L4, historical buyers ) for a new long trade towards 124.55. 4H close above 124.55 will target 125.05.Judging from current sentiment even lower TFs show a predominant long trend and if we align lower and higher time frames we are getting a good picture of an overall trend.
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  • #21,692
  • Jul 31, 2015 4:16am Jul 31, 2015 4:16am
Quoting T@rantula
GBP is gaining upward momentum lifted by preliminary GDP estimates and that could be aditional signal that UK economy is recovering. FED is still undecided about the dates for a rate hike. Latest statement cleared out that FED officials want to see further job market gains before the hike. 1.5570-80 zone shows strong confluence. Pullback towards POC zone (L3,50.0,ascending trend line, inner trendline) could be used for long entries, however keeping in mind that any momentum break or 4H close below 1.5545 could initiate bearish pressure towards 1.5500....
+70 pips after the analysis straight from POC
  • #21,693
  • Jul 31, 2015 11:07am Jul 31, 2015 11:07am
passing by to say tankīs T . your analises is great y reading this forum to learn there are lots o patterns that i never have eard about .
the webbinaries have very good you talk about all kind of stuf .
now a have a trading sytem money manegement system . everything is working ok .
my personality is scalping a canīt fight that , lear on your webbinairs that personality will have lot to do whit strategy .
keep on the good work T
Scalping
  • #21,694
  • Aug 2, 2015 2:45pm Aug 2, 2015 2:45pm
Quoting guguxpto
passing by to say tanks T . your analises is great y reading this forum to learn there are lots o patterns that i never have eard about . the webbinaries have very good you talk about all kind of stuf . now a have a trading sytem money manegement system . everything is working ok . my personality is scalping a cant fight that , lear on your webbinairs that personality will have lot to do whit strategy . keep on the good work T
Thank you!

I am very glad that it help you.

I will be on holiday from 03. AUG- 16.AUG .

See you soon guys!

Cheers!
  • #21,695
  • Aug 12, 2015 4:30am Aug 12, 2015 4:30am
Quoting T@rantula
USDJPY has bounced after FED statement which clearly stated that the rate hike is inevitable after further job gains. We think it could come in September or December, but December seems more likely. According to Reuters poll economic growth in US is picking up pace which goes in accordance with FED's possible tightening monetary policy in September. USD has shown strength even after bad advance GDP data which is the primary gauge of the economic's health. Technically USDJPY is showing V shaped reversal variant 2 with a possible rejection from current...
In profit by abut 150 pips this analysis was very accurate Tarantula.
  • #21,696
  • Aug 17, 2015 2:52am Aug 17, 2015 2:52am
Hi guys, due to FF policy some things have changed but not much and it is for the better as I can share all free stuff i have been working with.

Nothing will be changed in the way how we have been doing things here. Everything i post here is free and now I have the possibility to post links to my webinars and all stuff which is of course as always free. You can ask for indicators which i present on my webinars and stuff, and I will be glad to send you.

The company where i work as the Head analyst and educator - Admiral Markets

FREE for all webinars - THIS SECTION

My FXstreet profile - HERE

My website: HERE
  • #21,697
  • Edited 3:13am Aug 17, 2015 3:03am | Edited 3:13am
Session Recap webinar has been one of the most popular webinars in the last year, but due to FF policy, i couldn't post any links. Here, everything is transparent so you can freely join my Session Recap. On the webinar i analyze 5 different pairs ( EURUSD GBPUSD AUDUSD +2 more ) and i post signal-like analysis with clear entries , SL and TP. SO far we had 150+ pips on average sometimes even 400 just on Recap entries.

THIS IS THE LINK to webinar sign up
  • #21,698
  • Aug 17, 2015 3:17am Aug 17, 2015 3:17am
Two weeks ago, I have warned that GBPUSD will start to move in a sideways formation and that was to be expected due to low volatility month. Inflation data from UK is due on Tuesday and most important thing BoE is focused at this point is improving labor and inflation data.
Technically we see a rectangle formation on H4 time frame, and there is a host of historical sellers up there. 1.5690-1.5705 ( rectangle top sellers, historical sellers, H3 ) POC could be good for shorts towards 1.5580 and 1.5530. 1.5530-50 region could show some buyers as we can see there are also historical buyers and it is making a confluence with L4 camarilla support. Only a H4 close below 1.5530 could target 1.5455 lower border of rectangle range. This pattern could be invalidated if H4 candle closes above 1.5725.
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  • #21,699
  • Aug 17, 2015 3:36am Aug 17, 2015 3:36am
So effectively look for shorts and if the price gets to buying zones, buy it.
  • #21,700
  • Aug 17, 2015 4:07am Aug 17, 2015 4:07am
hi Tarantula, so nice to see you finally in the commercial zone.
how was your vacation?
We live in a finite world with infinite possibilities.
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