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  • #10,141
  • Nov 18, 2016 2:56pm Nov 18, 2016 2:56pm
Quoting Connors
{quote} Mate, I have no meaningful support left,other than 1.0454. Where abouts are you looking for a long set up to develop?
At the touch of 1.05435
With Tight S/L
A good trader follows his rules, but great trader knows when to break them
  • #10,142
  • Nov 19, 2016 11:45am Nov 19, 2016 11:45am
Quoting ill_be_back
{quote} At the touch of 1.05435 With Tight S/L
Possible Scenario next Week
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #10,143
  • Nov 19, 2016 11:50am Nov 19, 2016 11:50am
Quoting ill_be_back
{quote} At the touch of 1.05435 With Tight S/L
similar, watching 1.0552 ish for a potential short... stops don't do me much justice, playing it tight


man i wish i was on the other side of this market :/

EU about to (he says) come into some large orders... NU and UJ approaching swing lows/highs on daily TF... a retrace is always possible, dollar chart what goes up must come down,... don't expect much from it but it will happen at some point? NU/AU probs best bets, suffered the smallest losses, CB paying best interests... NU looking for longs around 0.6985/2 for 0.72 to get in short
  • #10,144
  • Nov 19, 2016 11:57am Nov 19, 2016 11:57am
Quoting Don96
{quote} similar, watching 1.0552 ish for a potential short... stops don't do me much justice, playing it tight man i wish i was on the other side of this market :/ EU about to (he says) come into some large orders... NU and UJ approaching swing lows/highs on daily TF... a retrace is always possible, dollar chart what goes up must come down,... don't expect much from it but it will happen at some point? NU/AU probs best bets, suffered the smallest losses, CB paying best interests... NU looking for longs around 0.6985/2 for 0.72 to get in short
NU Best bet for LONG
Looking at .69775
A good trader follows his rules, but great trader knows when to break them
  • #10,145
  • Nov 20, 2016 12:33am Nov 20, 2016 12:33am
I posted this in DAX thread but wanted to share a possible upcoming play with you guys


I was just looking at the 3rd week of December which will be Friday December is 16th for this year due to us starting the 1st of December on Thursday. Every year over the last year we had huge moves or as I would call reversal days. These reversals for that particular week are 600 points on up. After the dip we had a huge reversal (pullback) to the same levels roughly from where they dropped off of.

Look at link below and go back to 3rd week of December for the years of 2015 and 2014. The 3rd week is when the last quarter of futures expire. This year it happens to be Friday the 16th. We should have a contest to see who can play and time this right for a possibility of big money to be made during that week if this year plays out like the last 2 years did.

http://www.investing.com/indices/us-30-chart
  • #10,146
  • Nov 20, 2016 3:13am Nov 20, 2016 3:13am
Quoting ill_be_back
{quote} At the touch of 1.05435 With Tight S/L
Thanks mate, noted.
  • #10,147
  • Nov 20, 2016 3:29am Nov 20, 2016 3:29am
Quoting ill_be_back
{quote} Possible Scenario next Week {image}

Very reasonable, 1.0454 is all I care on the chart, will try to open longs closer to it, hope I can be patient.
  • #10,148
  • Nov 20, 2016 5:38am Nov 20, 2016 5:38am
some confluence with UJ under 111.4x - looking at 111.25 ish for some shorts and some heavier shorts closer to 111.4x

perhaps only going to play NU while dollar strength remains
  • #10,149
  • Nov 20, 2016 5:39pm Nov 20, 2016 5:39pm
Quoting ill_be_back
{quote} NU Best bet for LONG Looking at .69775
Pending Buy
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 2 KB
A good trader follows his rules, but great trader knows when to break them
  • #10,150
  • Edited 9:12pm Nov 20, 2016 7:04pm | Edited 9:12pm
http://www.forexfactory.com/showthre...95#post7432295

Link above from the archives of Euro thread. Reason I post this is I am trying to understand this two to three "humps" thing that pops up in Gator's posts thru the years and figured if anyone could help me out it would be (gator obviously) or someone here. Link is just an example.
Concept I believe to be simple enough (pair usually prints two, occasionally three lower highs or humps after a HH before continuing lower). An example would be on the larger eu chart. Three (or two and a half depending on how you look at it) humps after 2007 HH preceded massive drop from 1.39x to 1.04x.
My question is this:
Assuming this "humps" thing works in both directions, is it possible that this low, if 0520 were to hold again or even better current level, is forming the top (bottom) of the second hump (dip) which could indicate a possible break up and out of this range we have been in since LL in Feb 2015? If so, the path to 2470 that has been mentioned many times by Gator and Pharmor and others might be a good place to have a look. Here's a chart showing how I have that path (many ways to skin a chart). The run up from 2/2015 Low to 5/2015 High shows levels that have been respected since. 1.17x in August 2015 worked well with these levels.
Ignore my goofy nicknames for the levels (helps me know what I'm looking at when I zoom in as my memory for numbers ain't what it used to be). The one called "murrey" is 7/8 retrace along that path and the one called "ditch" is the same level Pharmor calls last chance mofu. Closed last week right on this 7/8 level if you draw the lines the way I do.
Regardless of current PA and short term direction, Id really like to understand this humps thing better so any input on it appreciated. And thanks for reading the book I just wrote.
Attached Image(s) (click to enlarge)
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  • #10,151
  • Nov 20, 2016 7:39pm Nov 20, 2016 7:39pm
Quoting goosebone
http://www.forexfactory.com/showthre...95#post7432295 Link above from the archives of Euro thread. Reason I post it is this is I am trying to understand this two to three "humps" thing that pops up in Gator's posts thru the years and figured if anyone could help me out it would be (gator obviously) or someone here. Link is just an example. Concept I believe to be simple enough (pair usually prints two, occasionally three lower highs or humps after a HH before continuing lower). An example would be on the larger eu chart. Three...
In short answer yes- gator could probably see it as a two or three humper for 1.247x...of course only he can answer that. Of course it works both ways, and we have already established a two humper @ 1.15xx for sub parity

The posts and charts you are looking for are early May 2012 either the RUT or EU threads, most likely the RUT. He posted a few charts that explain the king kong pattern pretty well.
  • #10,152
  • Nov 20, 2016 9:11pm Nov 20, 2016 9:11pm
Quoting Pharm0r
{quote} In short answer yes- gator could probably see it as a two or three humper for 1.247x...of course only he can answer that. Of course it works both ways, and we have already established a two humper @ 1.15xx for sub parity The posts and charts you are looking for are early May 2012 either the RUT or EU threads, most likely the RUT. He posted a few charts that explain the king kong pattern pretty well.
Appreciate it. Headed back to 2012. I was better looking then anyway.
  • #10,153
  • Nov 21, 2016 3:00am Nov 21, 2016 3:00am
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!!
  • #10,154
  • Nov 21, 2016 4:19am Nov 21, 2016 4:19am
Quoting Don96
{quote} similar, watching 1.0552 ish for a potential short... stops don't do me much justice, playing it tight man i wish i was on the other side of this market :/ EU about to (he says) come into some large orders... NU and UJ approaching swing lows/highs on daily TF... a retrace is always possible, dollar chart what goes up must come down,... don't expect much from it but it will happen at some point? NU/AU probs best bets, suffered the smallest losses, CB paying best interests... NU looking for longs around 0.6985/2 for 0.72 to get in short
nice bounce.... i missed it :/
Attached Image (click to enlarge)
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  • #10,155
  • Nov 21, 2016 6:10am Nov 21, 2016 6:10am
feels like Monday.

...........................
Looking to short 7072 gbpaud, 138.83/139.91 gbpjpy, long 8420/8333 eurgbp

.....................
sp new highs...
  • #10,156
  • Nov 21, 2016 4:00pm Nov 21, 2016 4:00pm
7.3 earthquake in Jp. Tsunami warning issued.
Why sell the bottoms when you can buy the tops...
  • #10,157
  • Nov 21, 2016 4:15pm Nov 21, 2016 4:15pm
Quoting JustAndy
7.3 earthquake in Jp. Tsunami warning issued.
Some interesting reading - suddenly very actual although it's from 2012. http://econintersect.com/b2evolution...ffect-currency

edit - news from terminal:

Quote

TSUNAMI OF 60 CM (2 FEET) OBSERVED IN JAPAN'S FUKUSHIMA AFTER EARTHQUAKE - NHK
22 November 2016, 00:01
  • #10,158
  • Nov 22, 2016 1:10am Nov 22, 2016 1:10am
Please explain these 2 light blue lines.
  • #10,159
  • Nov 22, 2016 2:58am Nov 22, 2016 2:58am
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!!
  • #10,160
  • Nov 22, 2016 3:59am Nov 22, 2016 3:59am
Quoting fxmadxx
Please explain these 2 light blue lines.
These are 2 blue lines.
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