Forex intraday T/A

[caribean]

You would have to say it's a classic way to find sellers in a long market...breaking out of the consolidation and just out of the 100% fib range
only to reverse solidly, and i'll have to say i was one of the suckers, convinced that it was good for at least 40 points to the downside, i went out for dinner to come back stopped out for -22 points...you have to smile with your own stupidity at times, especially when i don't normally trade these types of consolidations (there is one type i trade but they occur rarely).
I'm sure wayneL will not mind this hindsight trade....lol
Anyone else traded successfully on friday?.....have a good weekend people.

 

[stormbringer]

JPY broken below short term trend line. Read into what u want. I've taken a small position on the short side, entering at 102.55. GL

 

[caribean]

Well i was going to post a chart...if i could only figure out how to empty my attachements..#@@&$*

 

[wayneL]

Well i was going to post a chart...if i could only figure out how to empty my attachements..#@@&$*

Empty your attachments?

PM me and tell me whats happening and I'll try and help.

 

[caribean]

Stormbringer, that was a good short, did you stay in it for a few pips? (102.55 was a typo right?)

 

[caribean]

Thought i'd post another bad trade, i shorted looking for 30-35 points(yes i know about the interest rate).
To me it was a good reaction to a resistance level (also a fib level) with the right candlestick, and was stopped out of this one
It's interesting looking at the pound and possibly the eur right now..

 

[caribean]

I think the GBP/USD may offer a short, but i haven't got a signal yet and will have to go out soon.
Levels to watch will be 2.0350-70 and 2.0390
Targets 2.0230 and (depending on the depth of the retracement) 2.0170

 

[>Apocalypto<]

Hi caribean,

as on most friday nights i sit infront of the comp for the night looking for intraday plays on the IG 2pip spreads and the eur/gbp usd/jpy.

if you have skype and spend your fridays staring at price action, would be happy to chat on skype chat some time.

cheers
Joseph

 

[caribean]

Hi Joseph, i used to have skype but lost it after a computer rebuild, i'll find the name and set it up again so we can have a chat.
I sit in front of a computer most week nights...

 

[caribean]

Looking for a possible long on the USD/JPY, currently in consolidation and on support....

 

[caribean]

Well, it's not intraday, but a very interesting chart none the less, look where the 161.8% falls...
Very, very important in my opinion is going to be how this current candle is going to close in these last few days.

 

[caribean]

Possibly tonight's price action scenario, keep in mind, US holiday.

 

[caribean]

Hi all, back from a long absence,
on the AUD/USD chart bellow the entry should have been on the .8870 area,
i'm a bit late, my target as per chart.

 

[caribean]

Monthly update, chart speaks for itself...

 

[caribean]

I anticipate more upside to 9100....

 

[caribean]

The two areas on the chart will be of interest, if it breaks 8971 then 9100 is
out for now...looking at the GBP/USD both have reacted at the 50%, which might be indicating that the current bullish move was an impulsive retracement and there's more downside...looking at the DAX, it may also be indicating a resumption of the bearish move again for the indicies..time will tell.

 

[caribean]

I did not trade what i'm showing on the hourly, simply because i wasn't there
to trade it, but as you can see the area it's on at the moment is S/R.
In my opinion a convincing break of this area will see us testing the double bottom, and beyond that, well.....

 

[caribean]

The DAX...

 

[caribean]

Solid support if it holds i'm looking for a long....

 

[caribean]

AUD/USD 4 hour chart, lower highs, lower lows?
break of the double bottom may see the bears taking over a bit more desisively.....