https://twitter.com/#!/RichChristy
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Market Futures
http://www.bloomberg.com/markets/stocks/futures/
Europe and Asia not so good.
Futures arent looking good
http://www.bloomberg.com/markets/stocks/futures/
lines up with the camarilla long but with it over shooting it and the extreme quad tunnel i wonder if it breaks that breakout line and drops down to the L5 target
https://twitter.com/#!/RichChristy/status/144985735949332480/photo/1
Have been playing the range on NZDUSD 1hr from 7750 - 7830 for the last week. has been up and down within that range for a while. holding it short from 7860 and 7800 and this sucker just keeps falling. I think I have turned into Simples method of just holding and folding but its really hard to close positions that are up over 150 pips but at the same time i want to close them so bad.
anyone trading EURUSD and the Beast? I have shorts on both.
In this situation I would just say this in regards to AUDUSD
STAY SHORT
230 pips and counting! If i have the guts to hold where i am thinking its going? 600pips. thats ONE big trade. and to think AUDUSD use to hate me and go against me haha
Today has been one of those crazy days. it could have been good or day. im glad i stuck to my gut feeling and didnt close when things shot up.
in my opinion. USDCAD is a solid buy. my entry based on camarilla went long @ 1.008
thanks man!
I was thinking the same thing pennies. didnt think, or should say, didnt know how far wave 5 would run up to but we may have saw it this morning. could retrace a bit. maybe back to 103 but im thinking the gap is next up on the list. some are saying 1015 is next leg before a little sideways action and then down below parity
can you email me the package so i can read up on it? any indys?
As long as im in the black i am good.
shorting
audusd
eurusd
gbpusd
audjpy
long
udchf
usdjpy
eurchf (but from much lower)
DRAGHI SAYS ECB HAS NOT DISCUSSED CAPPING BOND YIELDS $$
look out below
A lot of good shorts out there. Keep your charts updated and eyes open. lots of pips to be made.
Ahhh now your the big twitter man
My EURUSD GBPUSD shorts are finally in the + side! only took 4 days of stress and worry but finally in the plus!
Went short on AUDUSD at 1.0320. Almost caught the top on that one!!
things are looking up.
Its also funny to see EURCHF going up while EURUSD going down. gotta love that.
BTW Simple. My crazy EURAUD is looking much better. only 90 pips under vs 200!! what a bad trade that was for me. will be happy to break even
Ditto that'
EURJPY is a wild one
If he is a schmuck you deff should not visit this guy.... https://twitter.com/#!/RichChristy :)
May not want to take this but I see some risk/reward on NZDUSD. I took a short on it at the top (.7820) with a stop around 7840, Just read a really interesting take on this pair on twitter by some of my buddies i follow and it does seem to make sense based on the currency pair and techs involved. risk is 20pips and reward is way more. Already up 45pips as I type this.
Loving Twitter in times like this :)
yeah just going to sit on this one. in a little deep on EU and EA but can hold through this mess if i have to.
would be nice to know about thsi stuff before it happens. :)
good thing i got out when i did!
here is an awesome example for a trade on EURAUD. I love this pair. if you overlap it with EURUSD and AUDUSD you will see why. it is always my precursor to what is going to happen with other pairs. always seems to do its thing first before the other majors do. at least thats what i notice :)
check out this chart. its saying go LONG and the stop would be below the breakout line below the long. a little bit below 1.32. i tend do go 15-20 pips below just because.
tell me what you think.....
Yes I find that it only works for me when i set it to my brokers time. FXCM provides a MT4 demo/live platform to use so its really easy to just keep it at -5 for both sundays and the rest of the week for GMT shift
once in a while. if i am up late at night i will move it to the active zone and it matches up perfectly. but i normally only trade the NY time zone and then wait for the camarilla lines to adjust accordingly. and it almost always does if you wait for it to get to the lines you need to base your trades on.
ESP if you are using the quad tunnel. also using SG's MACD settings, 5-34-34
$EURGBP approaching key 0.8520/30 support again
$EURGBP approaching key 0.8520/30 support again
im short until 9950 or 9780. stop set for 1.o1
dude its the bomb if you only want to grab 10-50 pips. i normally close after it hits the L3 or H3 lines. if its really chuggin along i will hold for the H/L5 lines and then close because it always retraces to either the 4 or previous pivot
git check out the drop box. i just threw a screen shot of my 1min chart with audusd 1min chart using camarilla. looks a little different than your chart
what gmt shift are you using?
I find time frames 5-1hr are the best. specifically 15-30min charts are awesome. 4hr charts are good when you expand the range and look at an overall picture. but if you want to use camarilla on higher time zones you have to change the levels that only reflect a 24hr period to either a weekly or monthly time zone. and then only use thr 4hr-daily charts.
i hope that makes sense
Yes that is normal. the lower time frames are the ones to keep an eye on when the forex market changes from active zone. if gives you a hit of where it will go. based on current price action and previous day levels. i find that using GMT shift -5 in all time zones is the best. you can change it to the zone that is opening at the time of the market per region but i find it harder to trade that way.
Have a look at $EURAUD and the 1HR chart with the Quad Tunnel and and TDI Indicator. It is an absolutely beauty. if you follow the rules based on the QT you knew when to go long and if you followed the divergence you would have known to go short. Its really interesting!
I am now looking at the 1HR and it is looking like its the opposite of what just happened. have a look
Have a look at $EURAUD and the 1HR chart with the QT and TDI. It is an absolutely beauty. if you follow the rules based on the QT you knew when to go long and if you followed the divergence you would have known to go short. Its really interesting!
I am now looking at the 1HR and it is looking like its the opposite of what just happened. have a look
Sorry I haven't been contributing as much these days. work has been really busy. Pennies can attest to the Information Services field and how things are crazy at times!!
I actually went short based on the divergence and CAM L3 hit at 1.006 or so. stop is conservative @ 1.015 above the fib level.
i also notice on the 1hr chart the tunnel lines are coming together real nice like which could flip the EMA196 to the bottom but may retest the EMA which may bring it back to 99 which is the L# long on the CAM. not sure but sticking with my trade style to see how it plays out
BUT then again. I ALWAYS lose with AU :) hahaha
lets just say i held and wasnt able to close when i wanted to! :)
never expected this price. maybe retest parity?
Both are essentially the same. I believe you need to enable that setting in the older one I mention. I could be wrong. Maybe I should go through both settings again. Last time I did it was no different
i dont care where it goes. as long as i am on the right side.
will keep the stop moving along with the run up
either way i am 30 pips over my limit at 98 so im happy!! sitting at 98355 right now. yeeehaaa
EURUSD is up over 100pips too so that rocks
EURCHF is chuggin along. lets hope SNB pushes this POS to 130-141 like they keep claiming. if that happens im taking a vacation :) haha