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  • #22,061
  • Oct 13, 2015 10:10am Oct 13, 2015 10:10am
Quoting T@rantula
{quote} No problems I always try to clarify as much as i can.
USDCAD taking off now - nice drop
  • #22,062
  • Oct 13, 2015 11:09am Oct 13, 2015 11:09am
Quoting T@rantula
{quote} USDCAD taking off now - nice drop
what makes the move on cad pairs ?
Scalping
  • #22,063
  • Oct 13, 2015 11:49am Oct 13, 2015 11:49am
Quoting T@rantula
{quote} Hey Markus! happy to see you here. Enjoy your time!

Hi T.,

I am a bit of FF fatique LOL, and your thread is one of a few I am following regularly.

Keep up the good work

Hope all is well.....
  • #22,064
  • Oct 13, 2015 1:22pm Oct 13, 2015 1:22pm
Quoting guguxpto
{quote} what makes the move on cad pairs ?
OIL up = CAD Up also SP500 has a highly positive correlation with USD and Yen pairs particularly NZDJPY and USDJPY.
  • #22,065
  • Oct 13, 2015 1:22pm Oct 13, 2015 1:22pm
Quoting infinitus
{quote} Hi T., I am a bit of FF fatique LOL, and your thread is one of a few I am following regularly. Keep up the good work Hope all is well.....
Thanks Markus, i understand. You are always welcome and always nice seeing you
  • #22,066
  • Oct 13, 2015 2:37pm Oct 13, 2015 2:37pm
Quoting T@rantula
{quote} OIL up = CAD Up also SP500 has a highly positive correlation with USD and Yen pairs particularly NZDJPY and USDJPY.
apriciate thank´s as allways T ; )
Scalping
  • #22,067
  • Oct 13, 2015 9:54pm Oct 13, 2015 9:54pm
Quoting infinitus
{quote} Hi T., I am a bit of FF fatique LOL, and your thread is one of a few I am following regularly. Keep up the good work Hope all is well.....
talk aout FF fatigue, im fed up with FF.
the management at FF are handling things very badly.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #22,068
  • Oct 14, 2015 2:15am Oct 14, 2015 2:15am
Hello T@, can you post update about AUDUSD. I took the trade as guided on Mon session. Thanks. Has the trend become up, especially after yesterday's quite big moves ?
  • #22,069
  • Oct 14, 2015 2:33am Oct 14, 2015 2:33am
AUDUSD is correlated to Chinese equities and data as China is a big exporter for Australia. China imports Australian resources mainly bauxite, coal, gold, LNG, some copper and iron ore, but when China slows it also slows Australian exports. Chinese imports fell app 20 % in September while Westpac consumer sentiment showed higher actual numbers vs estimate and previous number so fundamental data has been mixed through Asia session.
Technically we can see POC at 0.7200 zone ( Inner trend line, trend line, historical vs now moment buyers) which is observed in a context of a huge W bullish pattern. If the price rejects of 0.7200 zone then 0.7280 ( W pattern breakout point ) and 0.7410 are possible targets. If we see a 4H close above H3 camarilla pivot the price should proceed towards 0.7490.
For this scenario to be valid the price should stay above 0.7150-40 zone.
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  • #22,070
  • Oct 14, 2015 3:11am Oct 14, 2015 3:11am
Quoting T@rantula
AUDUSD is correlated to Chinese equities and data as China is a big exporter for Australia. China imports Australian resources mainly bauxite, coal, gold, LNG, some copper and iron ore, but when China slows it also slows Australian exports. Chinese imports fell app 20 % in September while Westpac consumer sentiment showed higher actual numbers vs estimate and previous number so fundamental data has been mixed through Asia session. Technically we can see POC at 0.7200 zone ( Inner trend line, trend line, historical vs now moment buyers) which is...
thanks
  • #22,071
  • Oct 14, 2015 5:20am Oct 14, 2015 5:20am
hi, is cable going sideways? Yesterday's trade on SL, today is up...
  • #22,072
  • Oct 14, 2015 6:31am Oct 14, 2015 6:31am
Quoting lukis
hi, is cable going sideways? Yesterday's trade on SL, today is up...
Yes...you see- it could have been trade of the week. Its not sideways - its clearly to the upside. If i placed SL just a bit lower it could have been +100 pips

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  • #22,073
  • Oct 14, 2015 7:04am Oct 14, 2015 7:04am
Fellow Spiders, I have a post showing the strong correlation between Equities and Yen pairs.

ASX200 v AJ
Nikkei v UJ

Sometimes it helps to look at the direction of Equities markets on higher timeframes, and then use that in your analysis for Yen trades. Best of luck

http://www.forexfactory.com/showthre...23#post8539723
  • #22,074
  • Oct 14, 2015 7:09am Oct 14, 2015 7:09am
Quoting PariCovek
Fellow Spiders, I have a post showing the strong correlation between Equities and Yen pairs. ASX200 v AJ Nikkei v UJ Sometimes it helps to look at the direction of Equities markets on higher timeframes, and then use that in your analysis for Yen trades. Best of luck http://www.forexfactory.com/showthre...23#post8539723

Hey Moneyman Thanks a lot! Very useful charts indeed. Yen is definitely following Equities market and thanks for reminders too!!
  • #22,075
  • Oct 14, 2015 11:35am Oct 14, 2015 11:35am
Quoting T@rantula
{quote} Yes...you see- it could have been trade of the week. Its not sideways - its clearly to the upside. If i placed SL just a bit lower it could have been +100 pips {image}

Hi, do you think that is time to go short?
  • #22,076
  • Oct 14, 2015 12:06pm Oct 14, 2015 12:06pm
1460 could reject it but momentum is high so it might as well break . Be careful. This is important zone now.
  • #22,077
  • Oct 15, 2015 12:48am Oct 15, 2015 12:48am
Tarantula, I would just like to congratulate you on your forecasts on Monday night.
Most excellent sir, most excellent.
I watch GBPUSD and EURUSD and they were spot on.

Continued success to you.
Hercs
  • #22,078
  • Oct 15, 2015 1:36am Oct 15, 2015 1:36am
Quoting Hercs
Tarantula, I would just like to congratulate you on your forecasts on Monday night. Most excellent sir, most excellent. I watch GBPUSD and EURUSD and they were spot on. Continued success to you.
Thank you very much! Yes, AUDUSD was also excellent
  • #22,079
  • Oct 15, 2015 7:35am Oct 15, 2015 7:35am
EURUSD and other USD pairs completely reversed the trend mainly due to USD weakness then their own strength. It creates some uncertainty for swing traders and short term traders whether totake long or short positions. Situation is 2 fold at this point. EURUSD can be traded both ways. ECB is expected to extend QE programme beyond 2016 and FED probably will not hike in 2015 as i already explained. Of course there is always a scope for a surprise but that is how i see things now.
Technically speaking EURUSD has made a W pattern and we can see clearly 1.1460 resistance, as i stated a lot of times- 1.1460 IS important resistance. Mid term if W target is achieved EURUSD could reach 1.1580 then if 1.1640 holds we should see a drop towards 1.0900-1.0800 as I explained in my Fxstreet interview. A failure to complete W pattern might result in short term selling towards 1.1310-30 confluence zone ( WPP, L3, 50.0, previous breakout-retest point ) where EURUSD could be bought towards 1.1460 and 1.1580 if 1.1230 stands strong.
I have marked bot MID term and SHORT term views with different colors ( Red arrow/fib for short term, black arrow/fib for mid-term ).

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  • #22,080
  • Oct 15, 2015 12:17pm Oct 15, 2015 12:17pm
T@rantula, what have you done with the UJ trade? if I'm not mistaken the stop you suggested was around 119.40 no?
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