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  • #6,701
  • Jul 4, 2016 4:14am Jul 4, 2016 4:14am
DAX & FTSE both at pivot levels - long on DAX 9733
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  • #6,702
  • Jul 4, 2016 5:52am Jul 4, 2016 5:52am
Max, I have been watching for a long time ur screens with DAX, can u tell anything when are u taking profits or where (when u entering on daily pivot)? On R levels on pivots or it depends on something else?
  • #6,703
  • Jul 4, 2016 7:03am Jul 4, 2016 7:03am
Quoting PanicSeller
Max, I have been watching for a long time ur screens with DAX, can u tell anything when are u taking profits or where (when u entering on daily pivot)? On R levels on pivots or it depends on something else?
Quoting MaxDoom
{quote} There are a number of points in there... but briefly as clearly I have nothing else to do Pivots is a zone system, it defines zones for the next periods trading based on the last, so it is natural that most of the time the central part of that system S1-PP-R1 is most likely to occur price wise because the zones were mathematically developed that way ie: central zone likely, middle zone s1-s2 r1-r2 less likely and outer s2-s3 r2-r3 less likely still, s3+ r3+ least likely. So it follows that a lot of trades will occur in the central...
this might help you : Post 1,050,280

Quoting PanicSeller
Max, I have been watching for a long time ur screens with DAX, can u tell anything when are u taking profits or where (when u entering on daily pivot)? On R levels on pivots or it depends on something else?
btw, welcome to The Swamp
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  • #6,704
  • Jul 4, 2016 12:17pm Jul 4, 2016 12:17pm
Edyraper - thanks! I was watching u guys at EURUSD thread, but there was so much order and harmony. The Swamp is total chaos - great place
Is anyone of you trading on OILs or Gold ? I mainly trading DAX, OIL, Gold, US-500 and EURUSD and rarely other forex pairs when is good oportunity. I would like to exchange information, compare ideas or something with more experienced traders

May the Greedy Leprechaun be with you
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  • #6,705
  • Jul 4, 2016 3:28pm Jul 4, 2016 3:28pm
[quote=PanicSeller;9013365]Edyraper - thanks! I was watching u guys at EURUSD thread, but there was so much order and harmony. The Swamp is total chaos - great place Is anyone of you trading on OILs or Gold ? I mainly trading DAX, OIL, Gold, US-500 and EURUSD and rarely other forex pairs when is good oportunity. I would like to exchange information, compare ideas or something with more experienced traders
  • #6,706
  • Edited 10:10pm Jul 4, 2016 4:52pm | Edited 10:10pm
Probably no Hike Cut, however lets see. Later tonight :
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Aussie printed H&S (H4/D1), it's not perfect, will see. atm aussie has setup for 0.81xx it is valid, smaller one targetting 0.80xx widely open 0.7480 might be S/R close wise. 768x possible R for s scalp. I prefer to wait for 80xx or 81xx in the first place if bear. if bull 7400/736x (742x with tighter sl) might give the entry in smaller tfs. atm 7534, also don't forget AUDNZD it is hovering around all time lows. aussie might be less bearish/more bullish than kiwi in a longer run.
  • #6,707
  • Jul 4, 2016 9:57pm Jul 4, 2016 9:57pm
Took a sell on EG at these levels.
  • #6,708
  • Jul 4, 2016 11:34pm Jul 4, 2016 11:34pm
Good Morning !

Today's SR levels on MT4 Templates for EURO, CABLE, DAX, USDJPY & EURGBP
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #6,709
  • Jul 4, 2016 11:34pm Jul 4, 2016 11:34pm
Quoting edyraper
Probably no Hike Cut, however lets see. Later tonight : {image} Aussie printed H&S (H4/D1), it's not perfect, will see. atm aussie has setup for 0.81xx it is valid, smaller one targetting 0.80xx widely open 0.7480 might be S/R close wise. 768x possible R for s scalp. I prefer to wait for 80xx or 81xx in the first place if bear. if bull 7400/736x (742x with tighter sl) might give the entry in smaller tfs. atm 7534, also don't forget AUDNZD it is hovering around all time lows. aussie might be less bearish/more bullish than kiwi in a longer run.
zzzzzzzz, 26 pips so far in this candle. will wait for London open to bid some PP might give the entry later no rush here...
  • #6,710
  • Jul 5, 2016 1:00am Jul 5, 2016 1:00am
something I might consider in the yen this week...
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Look Sharp/Trade Tight
  • #6,711
  • Jul 5, 2016 1:26am Jul 5, 2016 1:26am
AUD play perhaps...
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Look Sharp/Trade Tight
  • #6,712
  • Edited 2:22am Jul 5, 2016 2:11am | Edited 2:22am
pending short EG 8458 risking -7
....
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  • #6,713
  • Jul 5, 2016 2:27am Jul 5, 2016 2:27am
Quoting edyraper
pending short EG 8458 risking -7 .... {image}
for how much profit ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #6,714
  • Edited 2:41am Jul 5, 2016 2:31am | Edited 2:41am
Quoting DMA Trader
{quote} for how much profit ?
s/o
---------
1.1162 might be S/R close wise.

GJ....
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  • #6,715
  • Jul 5, 2016 2:57am Jul 5, 2016 2:57am
Quoting edyraper
{quote} s/o --------- 1.1162 might be S/R close wise. GJ.... {image}

Previous res 1.1155 is now support I think, I expect a new high closer to 1.1200 or maybe just a little above to look for short opportunities man.

GJ is just plain insane, it can turn you into a millionaire in a few months or a serial killer in a few days. Not touching it.
  • #6,716
  • Jul 5, 2016 2:58am Jul 5, 2016 2:58am
if GU make LL bears might get a chance to short 320x/327x , seems like sub 30 is in the cards now.

Quoting Connors
{quote} Previous res 1.1155 is now support I think, I expect a new high closer to 1.1200 or maybe just a little above to look for short opportunities man.
1.1230 & 1.1317 in a bit larger scale, 1202 & 1265 might be s scalp levels.
  • #6,717
  • Jul 5, 2016 3:09am Jul 5, 2016 3:09am
Quoting edyraper
if GU make LL bears might get a chance to short 320x/327x , seems like sub 30 is in the cards now. {quote} 1.1230 & 1.1317 in larger scale, 1202 & 1265 might be s scalp levels.

I know you Gator and a few seniors here expecting 1.13xxs but to me that can be a target after a test of 1.0987. I'd like to see a HL first and a few indication that it has bottomed to target such levels. Currently 1.12xxs levels will probably cap any move to the upside. Of course things can change so easily here.
  • #6,718
  • Jul 5, 2016 3:21am Jul 5, 2016 3:21am
in about 10 minutes...
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  • #6,719
  • Jul 5, 2016 3:33am Jul 5, 2016 3:33am
Quoting edyraper
in about 10 minutes... {image}
Mild reaction though.
  • #6,720
  • Jul 5, 2016 3:48am Jul 5, 2016 3:48am
Quoting ExForX
{quote} Mild reaction though.
Well... took some time at least.
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