First news usd is good for currency but no reaction which is fine by me... One more news event left: Fed Chair Yellen Speaks
close stop.
Edit: went trough the confluence, hedge stopped out.
- #101
- Edited 9:37am Mar 29, 2016 9:23am | Edited 9:37am
- Joined Jan 2010 | Status: .... | 3,910 Posts
close stop.
Edit: went trough the confluence, hedge stopped out.
- #102
- Mar 29, 2016 9:41am Mar 29, 2016 9:41am
- Joined Jan 2010 | Status: .... | 3,910 Posts
Anyone wanna do a quiz?
I pose a question what might happen and then you guess.
I keep score.
First question: What will happen at the arrow?
I pose a question what might happen and then you guess.
I keep score.
First question: What will happen at the arrow?
- #103
- Mar 29, 2016 9:53am Mar 29, 2016 9:53am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #104
- Mar 29, 2016 9:57am Mar 29, 2016 9:57am
- Joined Jan 2010 | Status: .... | 3,910 Posts
{quote} You posted the chart for Eur/Chf but quoted Usd/Chf?
Will add a short here if it makes it... (TL + fib)
- #105
- Mar 29, 2016 10:29am Mar 29, 2016 10:29am
- Joined Jan 2010 | Status: .... | 3,910 Posts
aud/usd bear flag.
going to look for entry.
edit: just entered... is just 10 pips on its way..
going to look for entry.
edit: just entered... is just 10 pips on its way..
- #106
- Mar 29, 2016 10:46am Mar 29, 2016 10:46am
- Joined Jan 2010 | Status: .... | 3,910 Posts
aud/usd bear flag. going to look for entry. edit: just entered... is just 10 pips on its way.. {image}
- #107
- Mar 29, 2016 11:06am Mar 29, 2016 11:06am
- Joined Jan 2010 | Status: .... | 3,910 Posts
15 minutes to next event...
if it has a strong effect this could be a bat too. Much too early to call though.
I wouldn't be adding here though because my other two trades are already at risk at this level and i won't risk more there..
if it has a strong effect this could be a bat too. Much too early to call though.
I wouldn't be adding here though because my other two trades are already at risk at this level and i won't risk more there..
- #109
- Mar 29, 2016 11:27am Mar 29, 2016 11:27am
- Joined Jan 2010 | Status: .... | 3,910 Posts
15 minutes to next event... if it has a strong effect this could be a bat too. Much too early to call though. I wouldn't be adding here though because my other two trades are already at risk at this level and i won't risk more there.. {image}
The upper white line might not be tested again.
The blue line might.
- #110
- Mar 29, 2016 11:30am Mar 29, 2016 11:30am
- Joined Jan 2010 | Status: .... | 3,910 Posts
Anyone wanna do a quiz? I pose a question what might happen and then you guess. I keep score. First question: What will happen at the arrow? {image}
It bounces....
No one was right.
- #111
- Mar 29, 2016 11:39am Mar 29, 2016 11:39am
- Joined Jan 2010 | Status: .... | 3,910 Posts
{quote} The news is in my favor. The upper white line might not be tested again. The blue line might. {image}
All these lines are opportunities.
I favor shorting the blue line.
- #112
- Mar 29, 2016 11:49am Mar 29, 2016 11:49am
- Joined Jan 2010 | Status: .... | 3,910 Posts
I have to hedge this level though..
If you can't see, its a fib and support level.
But its at a lesser support level now too and the orange line, it may bounce.
If you can't see, its a fib and support level.
But its at a lesser support level now too and the orange line, it may bounce.
- #113
- Mar 29, 2016 12:05pm Mar 29, 2016 12:05pm
- Joined Jan 2010 | Status: .... | 3,910 Posts
smikester, consider shorting at the red arrow...
its the technical target of an AB=CD pattern which is now created.
its the technical target of an AB=CD pattern which is now created.
- #114
- Mar 29, 2016 12:11pm Mar 29, 2016 12:11pm
- Joined Jan 2010 | Status: .... | 3,910 Posts
{quote} updated chart... All these lines are opportunities. I favor shorting the blue line. {image}
I closed my positions... I know it against what i preach but i did..
There will be new opportunities... Although below the red lines looks pretty bearish to me.
- #115
- Mar 29, 2016 1:34pm Mar 29, 2016 1:34pm
- Joined Jan 2010 | Status: .... | 3,910 Posts
Removed obsolete lines.
If this level holds, i will re-short my positions here.
If channel breaks i try to enter on retest.
If this level holds, i will re-short my positions here.
If channel breaks i try to enter on retest.
- #116
- Mar 29, 2016 1:53pm Mar 29, 2016 1:53pm
- Joined Jan 2010 | Status: .... | 3,910 Posts
EG buy opportunity. 15 pips sl. {image}
- #117
- Edited 2:23pm Mar 29, 2016 2:02pm | Edited 2:23pm
- Joined Jan 2010 | Status: .... | 3,910 Posts
weekly pivot point and bullish setup.
this is not a place i want to sell.
also not a place i want to buy because i am a bear.
i hope it gets tested and price bounces so we are done with the level.
if it breaks i messed up.
but all my charts say buy atm. i feel confident i can short it for a much better price then i closed it and with obstacles removed.
113.30/113.40 should be in reach.
this is not a place i want to sell.
also not a place i want to buy because i am a bear.
i hope it gets tested and price bounces so we are done with the level.
if it breaks i messed up.
but all my charts say buy atm. i feel confident i can short it for a much better price then i closed it and with obstacles removed.
113.30/113.40 should be in reach.
- #118
- Mar 29, 2016 2:29pm Mar 29, 2016 2:29pm
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #120
- Mar 29, 2016 2:57pm Mar 29, 2016 2:57pm
- Joined Jan 2010 | Status: .... | 3,910 Posts
UJ updated chart.
It broke one support level and is now at confluence as mentioned before.
Next level is 112.21 which is even stronger.
But its pretty late not to have a retrace.
I surely am not going to sell this and i imagine others may buy here or close their shorts.
If this level gets broken we may say goodbye to the blue line. Its tomorrows pivot i want to sell from.
It broke one support level and is now at confluence as mentioned before.
Next level is 112.21 which is even stronger.
But its pretty late not to have a retrace.
I surely am not going to sell this and i imagine others may buy here or close their shorts.
If this level gets broken we may say goodbye to the blue line. Its tomorrows pivot i want to sell from.