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  • #19,341
  • Nov 20, 2014 8:07am Nov 20, 2014 8:07am
Like always SMA(555) is proving and asking for what it deserves, utmost respect..

Umbrella cover on bars by this SMA keeps my love increasing for this Blue line.. I love this SMA..

couple it with VVSA & it can be used flawlessly..

SMA(555) rocks..
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  • #19,342
  • Nov 20, 2014 8:40am Nov 20, 2014 8:40am
The strategy for today would be short above 1202.
  • #19,343
  • Nov 20, 2014 9:43am Nov 20, 2014 9:43am
Quoting elbert3
{image} 1186 .00 sl 1183 add 1191 pp on the same number
Hi elbert3..

I have been following you from some time and i really appreciate your trading views and skills .. what is your tgt for 1186 long with sl 1183 i hope which still holds..

Awaiting for your reply and thanks in advance ..
  • #19,344
  • Nov 20, 2014 10:04am Nov 20, 2014 10:04am
Based on blue box staying intact of a 4HR close.

1st attempt of breakout of major 4HR trend failed and returned to 23.6FIB from which now IMO will create a new low eventually.

Swiss also showing weakness in plans forward.

Void if $1202+ closed into.
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To live a successful life, we must lose our fear of being wrong
  • #19,345
  • Nov 20, 2014 11:32am Nov 20, 2014 11:32am
Tomorrow is Friday, I think 1206 (weekly R1) will be hit. IMO, if it managed to close above this, we will see another bullish stage. But I don't have confidence that bullish is strong enough to kick bear out yet around 1206.

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Trade at your own risk. Don't follow one's opinion.
  • #19,346
  • Nov 20, 2014 11:50am Nov 20, 2014 11:50am
Quoting ClockTrader
Like always SMA(555) is proving and asking for what it deserves, utmost respect.. Umbrella cover on bars by this SMA keeps my love increasing for this Blue line.. I love this SMA.. couple it with VVSA & it can be used flawlessly.. SMA(555) rocks.. {image}
clock are you using the SMA555 as an S/R level in this case or as a market sentiment.

very interesting look at the 555 SMA by the way
forex forex forex
  • #19,347
  • Nov 20, 2014 11:53am Nov 20, 2014 11:53am
Quoting Samsamall
Tomorrow is Friday, I think 1206 (weekly R1) will be hit. IMO, if it managed to close above this, we will see another bullish stage. But I don't have confidence that bullish is strong enough to kick bear out yet around 1206. {image}
Im on the opposite page - IMO this was a bull rally in a bear market which is "possibly" done with now based on my charts.

Trade safe
To live a successful life, we must lose our fear of being wrong
  • #19,348
  • Nov 20, 2014 7:12pm Nov 20, 2014 7:12pm
Hi all

I've added 2 charts showing my take on probable price action tomorrow.

I closed out previous position for decent profit, now I believe the 4hr and 1hr charts look like they are setting up for a short, based upon the zones that I've mentioned recently. (I've marked up new green zones as an indication how I think its going to pan out.)

Then once the 1hr chart is in my pink zone and either bearish or consolidating candles are then present too, then that will be good enough for me to enter my short order, which looks like that may be be around the 1202-1205 range or so.

LO will provide more clues how this is developing.

Just a note for the less experienced traders out there, as we all should know, that whilst we may have a planned trade in mind, we must still be flexible with our thinking in the event that the conditions of our planned trade become unacceptable. Most experienced traders already know all that, but learners though should take heed... in other words if conditions dont t fit, then re-assess until new conditions do become acceptable to trade.

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  • #19,349
  • Nov 20, 2014 7:41pm Nov 20, 2014 7:41pm
Done with this long call for now, not bad it was..

Quoting ClockTrader
Based on patterns & VVSA Bias Long Reason: Price comfortable above SMA(555), it has not peaked out in the current price-range unlike yesterday or day before. VVSA patterns, black Vol bar as visible Highlighted yellow area looks good buy range with SL @ 1178 based on DCB One could long from current range as well depending on how MM is handled. Risk: Low if bought in the highlighted yellow range. ​ Risk Disclaimer Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all traders/investors. Past performance...
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  • #19,350
  • Nov 20, 2014 7:43pm Nov 20, 2014 7:43pm
Quoting swimmax
{quote} clock are you using the SMA555 as an S/R level in this case or as a market sentiment. very interesting look at the 555 SMA by the way
In combo with VVSA

IF price peaks out at SMA(555), its good to sell & vice versa..
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  • #19,351
  • Nov 20, 2014 8:06pm Nov 20, 2014 8:06pm
Hi guys.. Still waiting for go long on H1...
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  • #19,352
  • Nov 20, 2014 11:43pm Nov 20, 2014 11:43pm
Good Morning!

Today's S/R levels on MT4 Templates
Happy Friday everyone !

EURO
CABLE
AUDUSD
USDJPY
GOLD

http://www.forexfactory.com/showthre...75#post7888975

EURO PINK
CABLE PINK
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #19,353
  • Nov 21, 2014 12:17am Nov 21, 2014 12:17am
Quoting EatPIPs
{quote} Im on the opposite page - IMO this was a bull rally in a bear market which is "possibly" done with now based on my charts. Trade safe
Only time could tell it's bear or bull. So we will wait and see it next week. Wish you green pips mate.
Trade at your own risk. Don't follow one's opinion.
  • #19,354
  • Nov 21, 2014 12:36am Nov 21, 2014 12:36am
Quoting gold1234
{quote} Hi elbert3.. I have been following you from some time and i really appreciate your trading views and skills .. what is your tgt for 1186 long with sl 1183 i hope which still holds.. Awaiting for your reply and thanks in advance ..
hI PP IS ON 1191 NOW I DONT WANT TO GIVE ANY BACK..WAITING TO SEE WHAT HAPPENS,
  • #19,355
  • Nov 21, 2014 12:48am Nov 21, 2014 12:48am
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  • #19,356
  • Nov 21, 2014 3:11am Nov 21, 2014 3:11am
PA has been overly unpredictable by far, I'm glad I got out of my long call timely..

I'd like to wait until NY morning to see how this unfolds..
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  • #19,357
  • Nov 21, 2014 3:41am Nov 21, 2014 3:41am
Quoting ClockTrader
PA has been overly unpredictable by far, I'm glad I got out of my long call timely.. I'd like to wait until NY morning to see how this unfolds..
The only way I see trading it at the moment is inside triangles and wedges.

Not easy to make a prediction at all on where it is likely to go!

The analysis keeps changing all the time.

So what I've been doing is taking little bites at it when it pushes off channels, 10 pips here, 20 pips there etc.

The moment you think its off it will reverse on you and scream down the other way

Interesting days for trading gold that is for certain........

I like your call on NY as that is where I will also be looking.

Good trading,

Masterrmind.........
Master your Mind then Master your Trades
  • #19,358
  • Nov 21, 2014 4:47am Nov 21, 2014 4:47am
Quoting elbert3
{image} closer look for the move
Elbert which indicator r u using?
  • #19,359
  • Nov 21, 2014 4:56am Nov 21, 2014 4:56am
PA doesn't get tired of hitting SLs, Too whacky!!

They just did it again.. Somebody call for peace.. this is too funny or boring or what?
Hello World!
  • #19,360
  • Nov 21, 2014 5:01am Nov 21, 2014 5:01am
China cuts rates, now we know why gold has been so strangely resilient in the face of phenomenal dollar strength.
"Where you want to be is always in control, never wishing, always trading.
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