|
|
 |
|
07-03-2009, 07:53 AM
|
 |
Member
|
|
Join Date: May 2009
Posts: 597
|
|
|
What a week
It has been a great week so far and specially the last 2 days. I'm out from the USDCHF (Long) trade as well. Although, its not a valid exit signal (technically) since the Bearish Crossover has been much above the Kumo cloud but since its the last day before the long-weekend I had no choice but to close this trade.
Good luck once again ...
|
07-03-2009, 08:22 AM
|
 |
Member
|
|
Join Date: Jun 2009
Posts: 76
|
|
Have a nice weekend as well!
Quote:
Originally Posted by asherewt
Agreed Melbgirl
Out with a small profit at 1.3985.
Too much of risk as being last day of the week.
Good luck to everyone and have a nice weekend.
|
Hi Ash! Have a nice weekend as well!
A little bit upset of $ night breach..
Now waiting to short high untill 13.00 GMT to help EURO draw perhaps double bottom? Last week it did it regularly. The half of the day enough to get to the bottom
Yours suggestions? |
07-03-2009, 08:43 AM
|
|
Member
|
|
Join Date: May 2009
Posts: 597
|
|
|
Guessing
Hi Icefox,
As far as I can see the EUR seems to be in a tight range and looks like its not going anywhere since people have already got into the long weekend mood. But I can be wrong and rather wait and watch.
My 4H Ichimoku chart (best friend I call it) is showing quite a Bearish picture in longer term and even on 1H the Kumo cloud is well below 63 EMA.
So overall I'll remain bearish on EUR until a major event changes our Bias. It will be interesting to see what the senior members on this forum think.
Have a nice weekend, time to have a good sleep tonight 
Cheers,
Quote:
Originally Posted by Icefox
Hi Ash! Have a nice weekend as well!
A little bit upset of $ night breach..
Now waiting to short high untill 13.00 GMT to help EURO draw perhaps double bottom? Last week it did it regularly. The half of the day enough to get to the bottom
Yours suggestions?
|
|
07-03-2009, 08:54 AM
|
|
Member
|
|
Join Date: Jun 2009
Posts: 76
|
|
|
Ok, anyway have to go. Short from 1,4003, SL 1,4032, TP 1,3942
Hoping be happy on return, cheers and profits to all!
|
07-03-2009, 09:37 AM
|
 |
Member
|
|
Join Date: Feb 2009
Posts: 121
|
|
|
More of the same usd unable to hold gains and euro at 1.40 again, after test of 1.3920-1.3880 zone.
__________________
"Where trading becomes worth my weight"
|
07-03-2009, 10:30 AM
|
 |
Member
|
|
Join Date: Jun 2009
Posts: 143
|
|
Quote:
Originally Posted by Icefox
Ok, anyway have to go. Short from 1,4003, SL 1,4032, TP 1,3942
Hoping be happy on return, cheers and profits to all!
|
yeah i'm short at 1.4015 same SL
If nothing happens within about 60 mins i'm just gonna exit and get ready for the weekend
Sorta starting to move... if it can break 1.3960 should hit 1.3900, possibly lower
Last edited by SicPips; 07-03-2009 at 11:08 AM..
|
07-03-2009, 12:54 PM
|
|
Member
|
|
Join Date: Jun 2009
Posts: 45
|
|
|
does anyone ever use a weekly chart?
|
07-03-2009, 04:55 PM
|
|
Member
|
|
Join Date: Jun 2009
Posts: 143
|
|
|
alright i'm out for the weekend with a modest gain of 40 pips today.
cya
|
07-03-2009, 05:29 PM
|
|
Member
|
|
Join Date: May 2009
Posts: 217
|
|
Quote:
Originally Posted by D_Caron
does anyone ever use a weekly chart?
|
Im not the most advance trader, but I use Weekly charts to check how the Weekly candle closed and open, and also to find R/P/S levels and retracement levels for that week or previous weeks,
Im more likely to make a deal on a daily candle tho
Last edited by TheSterlingBull; 07-03-2009 at 05:31 PM..
|
07-03-2009, 06:10 PM
|
|
Member
|
|
Join Date: May 2009
Posts: 217
|
|
|
Volumes in weekly charts, sometimes the picture is more clear in weeklys than monthly
|
07-03-2009, 06:52 PM
|
|
Member
|
|
Join Date: Jun 2009
Posts: 45
|
|
|
Thesterlingbull on a weekly chart can the 20 MA be a significant indicator? or any moving average for that mater.
|
07-03-2009, 06:56 PM
|
|
Member
|
|
Join Date: Jun 2009
Posts: 45
|
|
Quote:
Originally Posted by TheSterlingBull
Volumes in weekly charts, sometimes the picture is more clear in weeklys than monthly
|
What charting softwear do you use that shows volume, I use FXCM trade station and it doesn't show volume it can be frustrating. |
07-03-2009, 08:11 PM
|
 |
Member
|
|
Join Date: Jan 2009
Posts: 157
|
|
Quote:
Originally Posted by D_Caron
What charting softwear do you use that shows volume, I use FXCM trade station and it doesn't show volume it can be frustrating.
|
Get yourself a demo of Ninjatrader, then see the difference it makes to your trading once you're familiar with it. I use Ninja along with my broker's platform, as that doesn't have volume either. |
07-03-2009, 08:23 PM
|
|
Member
|
|
Join Date: May 2009
Posts: 597
|
|
|
What Next ?
As I said earlier, it was a great week after a long choppy session, I made around 600+ pips in the course of last 3 days by mainly from EUR, GBP, AUD and CHF. Keeping myself away from the JPY for sometime ... CHF dropped yesterday after the CPI fall.
As you can notice on the chart I've posted, the Exit Signal has not been generated as yet (Chikou Span far away and well secured from the Kumo Cloud), however my personal self-imposed rule of not keeping trades alive when its a long weekend forced me to exit early yesterday.
Good luck for the next week ...
Last edited by asherewt; 07-03-2009 at 08:36 PM..
|
07-04-2009, 05:50 PM
|
|
Member
|
|
Join Date: Jan 2009
Posts: 157
|
|
|
Yah, looks like Fiber will go long anyway. Cable will gently meander up the hill with her. Like the Ichimoku Analysis.
|
|
|
| Thread Tools |
|
|
| Rate This Thread |
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is On
|
|
|
|
