All day Red news is Jackson hole symposium. Can this affect all currencies and should we stay out today to be on the safe side.
- #7,242
- Aug 27, 2015 12:37am Aug 27, 2015 12:37am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
I was waiting but no one show up, so here I am showing up again
all of you should bag lots of greenies from these beautiful set up.
1st trade: a buy during Singapore open with divergence +70 (it hit 90pips from my entries)
2nd trade: a short off 61.8% fib with hidden divergence +60 (it went 80 pips from my entries)
By the way, did you see how MMs moving price up during AU news then came down and created divergence, that's a perfect setup. Don't be scared by that trick...just making sure don't trade around news
OMG, they are diving
nice south for GN EN too
I messed up with GJ, got a fine for -50
all of you should bag lots of greenies from these beautiful set up.
1st trade: a buy during Singapore open with divergence +70 (it hit 90pips from my entries)
2nd trade: a short off 61.8% fib with hidden divergence +60 (it went 80 pips from my entries)
By the way, did you see how MMs moving price up during AU news then came down and created divergence, that's a perfect setup. Don't be scared by that trick...just making sure don't trade around news
OMG, they are diving
nice south for GN EN too
I messed up with GJ, got a fine for -50
Appreciation is the key to wealth and happiness
- #7,243
- Aug 27, 2015 12:39am Aug 27, 2015 12:39am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
I was waiting but no one show up, so here I am showing up again
master trade LK - congrats 
- #7,244
- Aug 27, 2015 1:08am Aug 27, 2015 1:08am
- Joined Dec 2013 | Status: Trader | 1,680 Posts
I was waiting but no one show up, so here I am showing up again
excellent
Sad i'm not trying to understand PA
- #7,245
- Edited 1:34am Aug 27, 2015 1:13am | Edited 1:34am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
ECad M30 cross +50+50+50+50+50pips - a nice simple ABCD pattern with TMS M30 signal short 
- i set my PTs by the length of the 1st leg and i thought the market was a bit quiet...
GCad - was BE - got to +44pips
- i set my PTs by the length of the 1st leg and i thought the market was a bit quiet... GCad - was BE - got to +44pips
- #7,246
- Aug 27, 2015 1:44am Aug 27, 2015 1:44am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
heads up - next red news - USD Unemployment Claims
Davit may update us on the USD
Davit may update us on the USD
- #7,247
- Edited 2:21am Aug 27, 2015 2:05am | Edited 2:21am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
heads up - next red news - USD Unemployment Claims
Closed lots of UC trades.As you can tell from my trades I don't necessarily keep adding to trades mindlessly.PA actually went 40pips higher then my highest entry.Once I reach the amount $$ on the pair I preset I STOP.That's the difference of what I do and martingale.Don't follow me please.
+220pips total
Last week of the month generally USD bulls come roaring specially on red news day like today.I am going to wait and see how news effects PA
Wont surprise me serious selling of commodity pairs AU NU UC OIL
Stay safe
If you are not sure don't take the trade.
From my experience things get extreme on last days of the month.Like that opportunities arise
I noticed lately that London sells USD but NY London overlap USD bulls take over hence what you are seeing now may be totally different in 3hrs
3220 on UC is in sink with 40 on oil.Oil most likely will plunge down again sending UC higher.(US stockpiles are full on oil)This movement depends how far oil drops.
In trading, you have to be defensive and aggressive at the same time
- #7,248
- Aug 27, 2015 2:19am Aug 27, 2015 2:19am
- Joined Dec 2013 | Status: Trader | 1,680 Posts
EURAUD-H1..3 in a row
Sad i'm not trying to understand PA
- #7,249
- Aug 27, 2015 2:26am Aug 27, 2015 2:26am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
EURAUD-H1..3 in a row
Great trading
In trading, you have to be defensive and aggressive at the same time
- #7,250
- Edited 2:55am Aug 27, 2015 2:31am | Edited 2:55am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
As you guys already noticed I like to keep up with fundamentals.Love specially OIL related fundies because it effects UC NU AU
Oil Industry Needs Half a Trillion Dollars to Endure Price Slump
The look and shape of the oil industry would likely change over the next five to 10 years as companies emerge from this, Wood said. If oil prices stay at these levels, the number of bankruptcies and distress deals will undoubtedly increase.
Debt repayments will increase for the rest of the decade, with $72 billion maturing this year, about $85 billion in 2016 and $129 billion in 2017, according to BMI Research. A total of about $550 billion in bonds and loans are due for repayment over the next five years.
U.S. drillers account for 20 percent of the debt due in 2015, Chinese companies rank second with 12 percent and U.K. producers represent 9 percent.
Maybe one of the reasons why Saudis increased production to drive competition to obliteration then take over greater market share.
On this note interesting that US protects this "ally" with not so ally behavior.
Love the ending of the video
"you need to leave the set you are driving down the oil"
Interesting levels to watch
Strong buy AU 7080-60-50 areas UC 3350-30 strong sell.
Oil Industry Needs Half a Trillion Dollars to Endure Price Slump
The look and shape of the oil industry would likely change over the next five to 10 years as companies emerge from this, Wood said. If oil prices stay at these levels, the number of bankruptcies and distress deals will undoubtedly increase.
Debt repayments will increase for the rest of the decade, with $72 billion maturing this year, about $85 billion in 2016 and $129 billion in 2017, according to BMI Research. A total of about $550 billion in bonds and loans are due for repayment over the next five years.
U.S. drillers account for 20 percent of the debt due in 2015, Chinese companies rank second with 12 percent and U.K. producers represent 9 percent.
Maybe one of the reasons why Saudis increased production to drive competition to obliteration then take over greater market share.
On this note interesting that US protects this "ally" with not so ally behavior.
Love the ending of the video
"you need to leave the set you are driving down the oil"
Interesting levels to watch
Strong buy AU 7080-60-50 areas UC 3350-30 strong sell.
In trading, you have to be defensive and aggressive at the same time
- #7,251
- Aug 27, 2015 3:03am Aug 27, 2015 3:03am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
I highly regret not taking advantage of this move.Partly because my positions were too many on UC...
EC over 400pips decline in few days
EC over 400pips decline in few days
In trading, you have to be defensive and aggressive at the same time
- #7,252
- Aug 27, 2015 4:26am Aug 27, 2015 4:26am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
Hi guys,
First of all Thank you for creating this great community in this thread. I have been lurking around for a while now and the posts and pictures are very informative and you guys are very helpful.
Today I made my first entry with this system under my real account.
You can see how the candles closed lower and lower. Of course there is a TDI cross as well. After my entry when price went under the low of my entry candle I put my SL to BE. Then price stopped a bit at BRN so I suspected a break. And it happened. I put my TP a bit above the previous swing low.
Got out with 55 pips.
First of all Thank you for creating this great community in this thread. I have been lurking around for a while now and the posts and pictures are very informative and you guys are very helpful.
Today I made my first entry with this system under my real account.
You can see how the candles closed lower and lower. Of course there is a TDI cross as well. After my entry when price went under the low of my entry candle I put my SL to BE. Then price stopped a bit at BRN so I suspected a break. And it happened. I put my TP a bit above the previous swing low.
Got out with 55 pips.
- #7,255
- Aug 27, 2015 5:02am Aug 27, 2015 5:02am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #7,256
- Aug 27, 2015 5:10am Aug 27, 2015 5:10am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #7,258
- Aug 27, 2015 5:37am Aug 27, 2015 5:37am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
so far wimpy reaction... Come on USD bulls come out
In trading, you have to be defensive and aggressive at the same time
- #7,259
- Aug 27, 2015 6:00am Aug 27, 2015 6:00am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Congrats to those bagged greenies
EN and me today
EN and me today
Appreciation is the key to wealth and happiness
