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  • #5,401
  • Aug 10, 2016 2:19am Aug 10, 2016 2:19am
Quoting squawk
{quote} SPX/DAX {image}
Around 10470 could be a good place to jump on
It's all about bucks, kid. The rest is conversation.
  • #5,402
  • Aug 10, 2016 2:48am Aug 10, 2016 2:48am
Quoting Lalu
{quote} Around 10470 could be a good place to jump on
Good luck Ben
  • #5,403
  • Aug 10, 2016 4:06am Aug 10, 2016 4:06am
Quoting squawk
{quote} Good luck Ben
tHANKS MATE. Well so far she just she knocked.

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It's all about bucks, kid. The rest is conversation.
  • #5,404
  • Aug 10, 2016 4:42am Aug 10, 2016 4:42am
Sometime ago I saw someone posted a very simple S/R trading chart in this thread and I'm inspired by it, since that time i deleted *ALMOST 90% of my custom indicators from my MT4 and charts... Now my mind can see clearer picture of the price and the S/R.

Thank you so much for everyone here for sharing and posting their chart, I learned a lot from it and since then I have better winning percentage and I can stay on my trade little bit longer than usual and not nervous... I'll keep learning and see how it goes...

USDCHF
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NZDUSD
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USDCAD (TP)
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USDJPY
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  • #5,405
  • Aug 10, 2016 7:26am Aug 10, 2016 7:26am
Quoting squawk
{quote} GN. Cypher is completed and IR announcement in the morning (well my morning) whats does she in between? {image} {image}
Preferred the 786 now it is troublesome, I can see sharkish might give it a go. ab cd come in at 127 butterfly, 1618 meets 886 shark...But when the machine breaks down....

http://www.zerohedge.com/news/2016-0...t-happens-next
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #5,406
  • Aug 10, 2016 7:36am Aug 10, 2016 7:36am
did she want the bat all along? Think it was mentioned here. Tough one to catch crab dt, ab cd nice confluence
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #5,407
  • Aug 10, 2016 7:37am Aug 10, 2016 7:37am
Quoting jnfer
Sometime ago I saw someone posted a very simple S/R trading chart in this thread and I'm inspired by it, since that time i deleted *ALMOST 90% of my custom indicators from my MT4 and charts... Now my mind can see clearer picture of the price and the S/R. Thank you so much for everyone here for sharing and posting their chart, I learned a lot from it and since then I have better winning percentage and I can stay on my trade little bit longer than usual and not nervous... I'll keep learning and see how it goes... USDCHF {image} NZDUSD {image}...
The world you desire can be won. It exists.. it is real.. it is possible..
  • #5,408
  • Aug 10, 2016 8:22am Aug 10, 2016 8:22am
so do we have any nerds around here?

Fascinating stuff....

http://www.bls.gov/news.release/prod2.nr0.htm

Nonfarm business sector productivity decreased 0.6 percent in the first
quarter of 2016--the same as the preliminary estimate--as a small downward
revision to output was offset by a small downward revision to hours. Due to a
4.7-percentage point downward revision to first-quarter hourly compensation,
unit labor costs decreased 0.2 percent in the first quarter of 2016, rather
than increasing 4.5 percent as reported June 7. Real hourly compensation
decreased 0.4 percent after revision, rather than the previously-published
increase of 4.2 percent.

Manufacturing sector Unit labor costs decreased 5.9 percent in the
manufacturing sector rather than increasing 1.1 percent as reported June 7,
due to both the upward revision to productivity and a 7.1-percentage point
downward revision to hourly compensation. Real hourly compensation decreased
4.3 percent, as revised.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #5,409
  • Aug 10, 2016 3:21pm Aug 10, 2016 3:21pm
Quoting Lalu
{quote} Around 10470 could be a good place to jump on
Hi,
what is your target for SPX and DAX?
  • #5,410
  • Edited Aug 11, 2016 3:42am Aug 10, 2016 5:23pm | Edited Aug 11, 2016 3:42am
Quoting Mr. Scott
{quote} Preferred the 786 now it is troublesome, I can see sharkish might give it a go. ab cd come in at 127 butterfly, 1618 meets 886 shark...But when the machine breaks down.... http://www.zerohedge.com/news/2016-0...t-happens-next {image} {image}
Big flush on the Kiwi.. Pretty weak comments on further cuts. Especially since they have such a deflationary situation with trade-ables. Very weak. https://www.bloomberg.com/news/artic...oost-inflation

Stated, no serious consideration to 50 point cut. Do they not see their negative tradable deflation and the value of the currency.

Low liquidity spike will volume before and after so will need to see what happens throughout the trading day.

Maybe implementation of their Traffic light intervention order.

Reserve Bank Deputy Governor Grant Spencer said in an interview that currency market intervention remained an option and he explained the bank's 'traffic light' system for considering intervention. The system requires the bank to be sure the currency is extreme, unsustainable and that any intervention was consistent with current monetary policy. Any intervention would also have to have an impact by catching the market 'off guard' at times of volatile and illiquid trading.

Extreme valuation (yes)
Unsustainable high short end (yes)
Consistent with current monitory policy (yes)

So do we watch for spikes at 9am NZD time without news?
  • #5,411
  • Aug 10, 2016 5:25pm Aug 10, 2016 5:25pm
Quoting Mr. Scott
so do we have any nerds around here? Fascinating stuff.... http://www.bls.gov/news.release/prod2.nr0.htm Nonfarm business sector productivity decreased 0.6 percent in the first quarter of 2016--the same as the preliminary estimate--as a small downward revision to output was offset by a small downward revision to hours. Due to a 4.7-percentage point downward revision to first-quarter hourly compensation, unit labor costs decreased 0.2 percent in the first quarter of 2016, rather than increasing 4.5 percent as reported June 7. Real hourly...
:nerd::nerd::nerd:
  • #5,412
  • Aug 10, 2016 9:30pm Aug 10, 2016 9:30pm
Quoting squawk
{quote} Big flush on the Kiwi.. Pretty weak comments on further cuts. Especially since they have such a deflationary situation with trade-ables. Very weak. https://www.bloomberg.com/news/artic...oost-inflation Stated, no serious consideration to 50 point cut. Do they not see their negative tradable deflation and the value of the currency. Low liquidity spike so will need to see what happens throughout the trading day. Maybe implementation of their Traffic light intervention order....
Interesting times, CB's losing? What USD? Bernanke sounded caution today, so how much more even with good data? Their models have been wrong, so lack confidence. Is ok consolidating at shark level, sticking with chart, looking....I include GN....She cool and same consolidation at same level as NU...she always appeared battish/sharkisk....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #5,413
  • Aug 10, 2016 10:14pm Aug 10, 2016 10:14pm
Quoting Mr. Scott
{quote} Interesting times, CB's losing? What USD? Bernanke sounded caution today, so how much more even with good data? Their models have been wrong, so lack confidence. Is ok consolidating at shark level, sticking with chart, looking....I include GN....She cool and same consolidation at same level as NU...she always appeared battish/sharkisk.... {image}
CB,s def losing. You would have done better this year trading against policy. RBA and RBNZ cut and currency picks up. I still have strong positions in NC and AN and still believe the AN spread narrowing to zero over the coming months will see us to 112 or above which will help it against the others. Still believe this has to be priced into the cross rate.

Both NZD and AUD look like they are finishing ABCD on the long chart,
  • #5,414
  • Aug 11, 2016 12:52am Aug 11, 2016 12:52am
Quoting Mr. Scott
{quote} Interesting times, CB's losing? What USD? Bernanke sounded caution today, so how much more even with good data? Their models have been wrong, so lack confidence. Is ok consolidating at shark level, sticking with chart, looking....I include GN....She cool and same consolidation at same level as NU...she always appeared battish/sharkisk.... {image}

Quoting squawk
{quote} CB,s def losing. You would have done better this year trading against policy. RBA and RBNZ cut and currency picks up. I still have strong positions in NC and AN and still believe the AN spread narrowing to zero over the coming months will see us to 112 or above which will help it against the others. Still believe this has to be priced into the cross rate. Both NZD and AUD look like they are finishing ABCD on the long chart,

Just got the GN's fired up. Could be an alt gartley with a treble bottom spike.

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It's all about bucks, kid. The rest is conversation.
  • #5,415
  • Aug 11, 2016 1:24am Aug 11, 2016 1:24am
Quoting Lalu
{quote} {quote} Just got the GN's fired up. Could be an alt gartley with a treble bottom spike. {image}
Hi Ben retracing the moment. Would be nice if it filled and start closing above the spike.
  • #5,416
  • Aug 11, 2016 1:35am Aug 11, 2016 1:35am
NU
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  • #5,417
  • Aug 11, 2016 1:58am Aug 11, 2016 1:58am
Quoting Lalu
{quote} tHANKS MATE. Well so far she just she knocked. {image}
If it can get through this morning assault this Crabling has potential for big things.

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It's all about bucks, kid. The rest is conversation.
  • #5,418
  • Aug 11, 2016 2:11am Aug 11, 2016 2:11am
Quoting Lalu
{quote} If it can get through this morning assault this Crabling has potential for big things. {image}
Hard One.
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  • #5,419
  • Aug 11, 2016 2:11am Aug 11, 2016 2:11am
Morning squawk, gl with your trades today. eg has entered the zone too.

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It's all about bucks, kid. The rest is conversation.
  • #5,420
  • Aug 11, 2016 2:41am Aug 11, 2016 2:41am
Quoting Lalu
Morning squawk, gl with your trades today. eg has entered the zone too. {image}
Thanks mate same to you Ben. EG she just keeps bidding up.
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