Spider's Den | Page 1129 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: Spider's Den
Exit Attachments

Spider's Den

  • #22,561
  • Feb 22, 2016 4:31pm Feb 22, 2016 4:31pm
Hey, can you send me setups from today's webinar? I missed it due the work. Wanted to write an email but couldnt find the adress.. Thanks!
  • #22,562
  • Feb 22, 2016 5:19pm Feb 22, 2016 5:19pm
Here it is
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY.png Size: 493 KB
Click to Enlarge Name: USDCAD.png Size: 501 KB
Click to Enlarge Name: AUDUSD.png Size: 494 KB
Click to Enlarge Name: GBPUSD.png Size: 472 KB
Click to Enlarge Name: EURUSD.png Size: 476 KB
  • #22,563
  • Feb 23, 2016 2:20am Feb 23, 2016 2:20am
I advise taking a small scalp profit now - 5-10 pips on EURUSD, due to impending IFO climate data.
  • #22,564
  • Feb 23, 2016 8:45am Feb 23, 2016 8:45am
Due to the strength of breakaway gap, Im cancelling 1.4050 long on sterling pound

EURUSD good profits for all who stayed short.
  • #22,565
  • Feb 24, 2016 2:36am Feb 24, 2016 2:36am
Factbox - Banks agree Brexit would be bad for UK growth, sterling. But how bad?
  • #22,566
  • Feb 24, 2016 5:35am Feb 24, 2016 5:35am
I have explained it many times during webinars- AUDJPY is a great pair to trade in correlation with equities. Today we have a risk off sentiment as 29 of the 30 Germany DAX companies are down in price. That is reflecting on Yen pairs. Basically, when its risk-on environment, commodities prices tend to increase, and traders go long AUD due to that factor. When commodities prices go up, stock Markets go up and there is demand for positive swaps on AUD pairs currently as opposed to JPY. When its a risk-off environment, usually the opposite occurs, and as a result, the JPY appreciates as foreign flows from Japan are repatriated back to their local currency.
AUDJPY is going down. There are 2 possible scenarios. POC positional trade or Breakout trade. POC comes in 80.90-81.00 zone (H3, DPP, trend line, EMA89) coupled with now moment sellers should reject the price if we see a retracement. However if there is no retracement a momentum break or h1/h4 close below 80.00 should tank the pair down to its target and that is 79.60
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-02-24_12-13-17.png Size: 91 KB
  • #22,567
  • Feb 24, 2016 9:07am Feb 24, 2016 9:07am
AUDJPY the target has been hit!
  • #22,568
  • Feb 24, 2016 9:44am Feb 24, 2016 9:44am
+50 closed!

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADr.png Size: 504 KB
  • #22,569
  • Feb 25, 2016 2:57am Feb 25, 2016 2:57am
+ 65 potential pips

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.png Size: 132 KB
  • #22,570
  • Feb 25, 2016 6:20am Feb 25, 2016 6:20am
Fear of Brexit has weakened the GBPUSD tanking the pair below 2010 lows and getting close to 2009 historical lows. As I have shown in the previous GBPUSD coverage the pair successfully broke through 1.4050 dropping and hitting our projected target. All this turmoil had a positive effect for EURGBP cross as we could have witnessed a strong bounce upwards.
The pair has reached 0.7927 that is EMA89 on Monthly chart. This is strong resistance and by dropping to H4 time frame, we can see a bearish divergence formed slighlty above H5 camarilla pivot point. The price is currently 0.7907 and it might be due for a correction. If divergence is successful the pair should drop towards 0.7830 and 0.7780-0.7800 that is a POC for possibly another long trade (H3,EMA89,61.8,inner trend line). A rejection off POC targets 0.7830 and 0.7900 respectively,
So at this point we should be focused on a possible correction and rejection from current levels.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-02-25_12-54-34.png Size: 103 KB
  • #22,571
  • Feb 26, 2016 3:15am Feb 26, 2016 3:15am
Quoting T@rantula
Fear of Brexit has weakened the GBPUSD tanking the pair below 2010 lows and getting close to 2009 historical lows. As I have shown in the previous GBPUSD coverage the pair successfully broke through 1.4050 dropping and hitting our projected target. All this turmoil had a positive effect for EURGBP cross as we could have witnessed a strong bounce upwards. The pair has reached 0.7927 that is EMA89 on Monthly chart. This is strong resistance and by dropping to H4 time frame, we can see a bearish divergence formed...
+50 pips in profit now for all who trade it.
  • #22,572
  • Feb 26, 2016 4:27am Feb 26, 2016 4:27am
Hi T, great analysis for all the pairs that you post!
A big thumb up for all your recent post!
Hope to learn more from you in the coming days.

May I know what are your view on the Ucad pair?
Hope to hear from you soon.
  • #22,573
  • Feb 26, 2016 8:05am Feb 26, 2016 8:05am
Quoting fx-anew
Hi T, great analysis for all the pairs that you post! A big thumb up for all your recent post! Hope to learn more from you in the coming days. May I know what are your view on the Ucad pair? Hope to hear from you soon.
Thanks for comments and Hi

I will assess USDCAD on Monday, for now enjoy the profits from UJ. It was exclusive on Fxstreet, so I cant re post it. Read it here http://buff.ly/1OAcvYE
  • #22,574
  • Feb 26, 2016 8:07am Feb 26, 2016 8:07am
Traders, I wrote an article on "The Big Short" movie. Read it if you have the time, hope you liked it. IMO, it deserves an Oscar. You can read it HERE


Attached Image (click to enlarge)
Click to Enlarge Name: pablo (4).png Size: 561 KB
  • #22,575
  • Feb 29, 2016 4:50am Feb 29, 2016 4:50am
The trade of the week USDCAD
Sign in HERE

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.jpg Size: 192 KB
  • #22,576
  • Feb 29, 2016 7:19am Feb 29, 2016 7:19am
Negative CPI numbers fueled another drop in exchange rate. Bad CPI German and France data should be counteracted by ECB and bad CPI should be discussed on next ECB meeting so we could possibly expect a further guidance on ECB policy. Any announcement about further policy steps will have a strong impact on the currency.
At this moment the EURUSD is technically aligned with fundamentals and that means sell the rallies is the option. POC comes in 1.0970-90 zone (H3,DPP, EMA89, 50.0) that is supported by the break of Rising Wedge - bearish pattern. If the price gets to POC we could expect another drop towards 1.0890 and 1.0850. Currently we see a bullish divergence that could give us a retracement for new shorts but additionally we should also watch 1.0850. If the price doesn't get to POC we need to pay attention to any 4-hour close below the 1.0850 level as the price should target 1.0820 and 1.0780 after the break of 1.0850.

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-02-29_13-26-30.jpg Size: 265 KB
  • #22,577
  • Feb 29, 2016 10:24am Feb 29, 2016 10:24am
53% sice 27 may in my strategy y will celebrate one eyar close to 100% .
Time it takes time to know how to aprotch psicology money manegemente .
this is a smal test acount in real money ,
as the acount is grouing y will reduce the size entries .
Thanks as allways for the suport and all the free stuff videos and more .
thanks to almiral broker that y will start working at the end of this test .
Scalping
  • #22,578
  • Feb 29, 2016 10:45am Feb 29, 2016 10:45am
Quoting T@rantula
Negative CPI numbers fueled another drop in exchange rate. Bad CPI German and France data should be counteracted by ECB and bad CPI should be discussed on next ECB meeting so we could possibly expect a further guidance on ECB policy. Any announcement about further policy steps will have a strong impact on the currency. At this moment the EURUSD is technically aligned with fundamentals and that means sell the rallies is the option. POC comes in 1.0970-90 zone (H3,DPP, EMA89, 50.0)...
Europe back into deflation is all part of the game.
lets look a little Further into the long term, and have a look at the monthly chart, you will se we have been stuck in a wedge for the past few month with a prospectt that if we break lower a part of the bearish continuation (which fundamentally is increasingly bearish for EURUSD),

Parity is in the cards
Attached Image (click to enlarge)
Click to Enlarge Name: 20160229.1611.gmt.eurusd.monthly.png Size: 664 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #22,579
  • Feb 29, 2016 12:54pm Feb 29, 2016 12:54pm
Quoting T@rantula
Negative CPI numbers fueled another drop in exchange rate. Bad CPI German and France data should be counteracted by ECB and bad CPI should be discussed on next ECB meeting so we could possibly expect a further guidance on ECB policy. Any announcement about further policy steps will have a strong impact on the currency. At this moment the EURUSD is technically aligned with fundamentals and that means sell the rallies is the option. POC comes in 1.0970-90 zone (H3,DPP, EMA89, 50.0)...
Hi, T, can you please post webinar setups of today? THANKS!
Ionut
  • #22,580
  • Mar 1, 2016 3:13am Mar 1, 2016 3:13am
Quoting guguxpto
53% sice 27 may in my strategy y will celebrate one eyar close to 100% . Time it takes time to know how to aprotch psicology money manegemente . this is a smal test acount in real money , as the acount is grouing y will reduce the size entries . Thanks as allways for the suport and all the free stuff videos and more . thanks to almiral broker that y will start working at the end of this test .
Hi! Excellent! Thanks for your comments. You made a great result and I am so glad I have been of a help to you. Keep up!
7 traders viewing now