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Forex Version XIII, Foreign Exchange Market Discussion
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7premium
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Apr 28 2014, 10:06 PM
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New Member
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QUOTE(tdoptions1689 @ Apr 28 2014, 10:15 AM) 1 more tips maybe can help others. It is obviously unhealthy trader to stay at midnight and still trading on the midnight. I also one of them and staying up at midnight that doesn't profit you at all last time. We have some best Geographic Location in Asia. Maybe GMT + 11 is the best to me, so I need not to wake up earlier. One explanation. You can just wake up at 8AM, wait for JAPAN and SYDNEY OPEN. Then on 3pm, you will have those BANKER coming in and 4PM for the UK and FRANKFURT OPEN. Then you move to 7PM for the STATES OPEN. So it is useless to stay on midnight, and it makes only unhealthy life. Just my personal opinion. I went through those time wasting of staying up at midnight once ago. +1, ideal trading hours will be from 3pm onward till 10/11pm.
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7premium
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Apr 29 2014, 02:38 PM
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QUOTE(tdoptions1689 @ Apr 29 2014, 01:22 PM) Wanna some long term trade? Put a BUY now on GBP/AUD. SL for 200 pips, targeting above 600 pips. Estimated trading time for 3-4 weeks position.  GA testing previously support turned resistance as seen on H4, am expecting a reversal, waiting for 1.80700 area to enter buy.
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7premium
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Apr 29 2014, 04:43 PM
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QUOTE(tdoptions1689 @ Apr 29 2014, 02:49 PM) Showing sign of reversal as of now, but i believe overall trend is still up, waiting for this pullback in to be over before entering buy, will look out for pin-bar at around 1.807/808 area.
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7premium
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Apr 29 2014, 08:40 PM
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QUOTE(tdoptions1689 @ Apr 29 2014, 04:51 PM) Yep, indeed will go down more, targeting 1.808 then 1.803 now, after that most likely will go UP UP n UP. More drama soon to move the price down drastically this week. haha.
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7premium
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Apr 30 2014, 03:12 PM
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QUOTE(tdoptions1689 @ Apr 30 2014, 01:09 AM) GA otw to target, 1.808 is almost certain, won't be surprised if it hit 1.803 as well. Keeping an eye for PA at these 2 key-levels before going looooong till 1.82x
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7premium
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Apr 30 2014, 03:28 PM
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QUOTE(9kingsir @ Apr 30 2014, 03:14 PM) ok... quick signal see if this works for u... EA... now at 3pm - 5pm.. u can expect a bearish area till 148600 plus 5 pip tail.. then it will rise back to 1st level 148900 plus 3-4 pip tail.. Agreed that EA is bearish for now, expecting 1.485, and a bounce from there..
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7premium
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Apr 30 2014, 04:05 PM
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QUOTE(tdoptions1689 @ Apr 30 2014, 03:53 PM) If it declined till 1.485x or below more, I will be in deep shit.  What's for sure 1.485x is a significant support, not just normal, if breached there'll be retest also. Expecting a bounce from there, PA will tell
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7premium
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Apr 30 2014, 04:06 PM
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New Member
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QUOTE(tdoptions1689 @ Apr 30 2014, 03:57 PM) +1, can consider http://www.currensee.com/ also..
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7premium
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Apr 30 2014, 04:19 PM
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QUOTE(tdoptions1689 @ Apr 30 2014, 04:07 PM) It's not unusual for price to go past key S/R level for 3hours and retrace back up in the final hour to leave a tail behind @H4.. all sorts of scenario can happen. But EA failed to break past resistance twice as seen on H1, so the downside momentum is strong at the moment. Nothing much to do I guess except to hedge or sit tight...
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7premium
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Apr 30 2014, 04:26 PM
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QUOTE(tdoptions1689 @ Apr 30 2014, 04:23 PM) Yea, around 30mins to go, enough to do spike down n up, can sing bear bear go away, come again another day.
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7premium
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Apr 30 2014, 04:36 PM
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New Member
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QUOTE(9kingsir @ Apr 30 2014, 04:30 PM) pls look at price now at 4.29pm... price linger at 148550 area.. lowest went to 148520.. anyone agree with me earlier price? I just checked H4 chart, if price doesn't bounce from 1.485, then it will bounce from 1.483. 1.485x at the moment, time will tell.
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7premium
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Apr 30 2014, 05:04 PM
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EA hitting significant support, 50pips bounce, if this momentum can hold for till this H4 candle closes, it will be a good sign to buy-buy-buyy
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7premium
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Apr 30 2014, 06:08 PM
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QUOTE(tdoptions1689 @ Apr 30 2014, 05:49 PM) Gratzz, survived the mini-storm, TP sooner or later yea
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7premium
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May 1 2014, 03:41 PM
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GU & GJ gonna do the classic fake down n UP.. let's see how it unfolds..
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7premium
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May 1 2014, 04:01 PM
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QUOTE(9kingsir @ May 1 2014, 03:52 PM) GA might go to 181240 first level.. if go down again is 181150.. give 3-5pips tail I kinda agree, watch for reversal at 1.8126 and 1.8116 levels.
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7premium
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May 1 2014, 04:35 PM
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New Member
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QUOTE(7premium @ May 1 2014, 03:41 PM) GU & GJ gonna do the classic fake down n UP.. let's see how it unfolds.. Classic move done, close long prepare to short
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7premium
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May 1 2014, 05:05 PM
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New Member
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QUOTE(chaiychong @ May 1 2014, 04:52 PM) erm.. what is "classic fake down n UP" ? sorry, i am still learning something hope can get some explanation on this  The down move is fake, to entice people to go short, so that those trades will be in red when the real move (UP) take place. Technically speaking, the move is to retest the support to make sure it's firm first before going up. Called it classic because the scenario is quite common especially before news/data release, fake up then down or fake down then up..
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7premium
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May 2 2014, 04:39 PM
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New Member
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QUOTE(tdoptions1689 @ May 2 2014, 04:09 PM) Down move may not happen anytime soon. If the H4 candle closes above 0.927 later@ 5pm, can expect 0.9295 to be tested again. For now, I will look for opportunity to long.
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7premium
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May 2 2014, 05:37 PM
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QUOTE(tdoptions1689 @ May 2 2014, 05:22 PM) Kiwi bullish, but ultimate resistance test at around 0.867-868, that's where it's heading, most likely next week. can see that kiwi gonna take a short rest before climbing higher..
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7premium
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May 2 2014, 08:11 PM
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QUOTE(tdoptions1689 @ May 2 2014, 05:48 PM) At the moment bullish still what, I believe it will be bullish till 0.867-868 area, after that correction is due  Btw, anyone else shorting EU ahead of NFP ? This post has been edited by 7premium: May 2 2014, 08:28 PM
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