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  • #1,017,781
  • Aug 10, 2015 9:27pm Aug 10, 2015 9:27pm
Quoting Ken A
{quote} I am short XXXUSD watching come Franky/LO might close the gap Make/break {image}
thinking 50% retrace of the big candle then more down.....its common.....

this norm shoots for 1.0775 min....had a valid full hourly candle close of the mofu zone ....so a retouch of 1011 isnt out of the question...

my opinion, my trades

China zigged when it should have zagged....lol

Inserted Video
  • #1,017,782
  • Aug 10, 2015 9:35pm Aug 10, 2015 9:35pm
This is the chart.

0950 is important. 50 % level as well as 200 hr MA.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 84 KB
Intraday only.
  • #1,017,783
  • Aug 10, 2015 9:36pm Aug 10, 2015 9:36pm
Quoting Ken A
{quote} I am short XXXUSD watching come Franky/LO might close the gap Make/break {image}
Matter of time until we get some risk off.....
  • #1,017,784
  • Aug 10, 2015 9:36pm Aug 10, 2015 9:36pm
Quoting Pharm0r
{quote} thinking 50% retrace of the big candle then more down.....its common..... this norm shoots for 1.0775 min....had a valid full hourly candle close of the mofu zone ....so a retouch of 1011 isnt out of the question... my opinion, my trades China zigged when it should have zagged....lol https://www.youtube.com/watch?v=srjpVJglasY
I just closed 50% EU short but keep AU short in tact

Quoting Ck87
{quote} Matter of time until we get some risk off.....
Watch China stock
  • #1,017,785
  • Aug 10, 2015 9:38pm Aug 10, 2015 9:38pm
Quoting Ken A
{quote} I just closed 50% EU short but keep AU short in tact
Closed 1/3 here, to pay for my earlier stop out from the bastards

AU can't catch a break
  • #1,017,786
  • Aug 10, 2015 9:42pm Aug 10, 2015 9:42pm
Quoting Ken A
{quote} I just closed 50% EU short but keep AU short in tact {quote} Watch China stock
i would not long aud, but one may sneak a short in on about a 50 pip bounce or 1/2 the move retrace around 7330.. 50 is a lot, so whatever that bounce is around 7330 may be a good short
those who can, do. those who cant, talk about those who can
  • #1,017,787
  • Aug 10, 2015 9:45pm Aug 10, 2015 9:45pm
Just nibbled at some AU
The trend is your friend
  • #1,017,788
  • Aug 10, 2015 9:47pm Aug 10, 2015 9:47pm
Quoting Wrigs346
Just nibbled at some AU
S/O. Broke low of few days ago
The trend is your friend
  • #1,017,789
  • Aug 10, 2015 9:49pm Aug 10, 2015 9:49pm
Quoting Ken A
{quote} I just closed 50% EU short but keep AU short in tact {quote} Watch China stock
Oh I am... dip back to 11000 likely.. HK50 may be better short..
  • #1,017,790
  • Aug 10, 2015 9:50pm Aug 10, 2015 9:50pm
Quoting gatorinla
{quote} a small check off my list was the close below 1035.. -1021 is the second 0982 0964 0905 and so forth.. it looks bullish here.. it always does near highs.. so we will see. either way a visit to 0916 ish is likely.. bulls didnt build a base
check
those who can, do. those who cant, talk about those who can
  • #1,017,791
  • Aug 10, 2015 9:52pm Aug 10, 2015 9:52pm
Quoting hoom
for lurkers trying to understand what the heck is happening ...China devaluating its currency and gave green lights to buy us$ in the short term ... FX war is on and china is putting a drama scene on its economic weakness ! hoom.
Thx for the tip. I'll admit I lurk. I spend my time working on client reports and watching the FF and pairs when I have free time. There are quite a few very knowledgeable people here and I pick up lots of good info.
  • #1,017,792
  • Aug 10, 2015 9:53pm Aug 10, 2015 9:53pm
Quoting gatorinla
{quote} i would not long aud, but one may sneak a short in on about a 50 pip bounce or 1/2 the move retrace around 7330.. 50 is a lot, so whatever that bounce is around 7330 may be a good short
Retrace might come NY session but definitely not long right now
  • #1,017,793
  • Aug 10, 2015 10:04pm Aug 10, 2015 10:04pm
Quoting Ken A
{quote} Retrace might come NY session but definitely not long right now
It fell 130 pips straight in one 4 hr candle.

23 TO 38 % is expected before London open.
Intraday only.
  • #1,017,794
  • Aug 10, 2015 10:07pm Aug 10, 2015 10:07pm
Quoting Ken A
{quote} Retrace might come NY session but definitely not long right now
its at 730x now so it may be a larger retrace than 50.. its doubtful it will retrace 70 pips.. but its textbook to wait.
those who can, do. those who cant, talk about those who can
  • #1,017,795
  • Aug 10, 2015 10:07pm Aug 10, 2015 10:07pm
Quoting robertbruce
{quote} Thx for the tip. I'll admit I lurk. I spend my time working on client reports and watching the FF and pairs when I have free time. There are quite a few very knowledgeable people here and I pick up lots of good info.
What can i say....same here..
Choose your destiny!!
  • #1,017,796
  • Aug 10, 2015 10:10pm Aug 10, 2015 10:10pm
Quoting gatorinla
{quote} its at 730x now so it may be a larger retrace than 50.. its doubtful it will retrace 70 pips.. but its textbook to wait.
Ripe for a long, but waiting for confirmation it holds this support.
The trend is your friend
  • #1,017,797
  • Aug 10, 2015 10:18pm Aug 10, 2015 10:18pm
Quoting Wrigs346
{quote} Ripe for a long, but waiting for confirmation it holds this support.
better u than me,,
those who can, do. those who cant, talk about those who can
  • #1,017,798
  • Aug 10, 2015 10:30pm Aug 10, 2015 10:30pm
Quoting Wrigs346
{quote} Ripe for a long, but waiting for confirmation it holds this support.
That was quick.

Quoting Wrigs346
{quote} Short EU and UJ, so agree with you here
  • #1,017,799
  • Aug 10, 2015 10:36pm Aug 10, 2015 10:36pm
Quoting Pharm0r
{quote} That was quick. {quote}
My fault, thought you were referring to AU.
The trend is your friend
  • #1,017,800
  • Aug 10, 2015 10:40pm Aug 10, 2015 10:40pm
Gold -130 pip, then +100, then -80, then +64, then -30(current) !
All of that in less than 3 hours, that's crazy
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