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peetee09 replied Jan 7, 2013AUD I've just closed half of long at 98, +15 from 83, if bounces from 1.05 back to 50ma could be good, watch the price action. As Arjun said "That's all you need folks, 10-15 pip per day" :-)
Another simple system - Time-Frame 15
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peetee09 replied Jan 7, 2013AUD Sorry buy at close of GREENbar0482 :-) P
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peetee09 replied Jan 7, 2013AUD continued 4 Hour nice bounce of 104000 BRN hourly holding above 200 MA and 50 MA Bounce off cand came back/corrected to test 50MA (see 15 min chart If aggressive buy at close of white bar at 1.0475 Otherwise wait for succesful test of 50MA about ...
Another simple system - Time-Frame 15
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peetee09 replied Jan 7, 2013Next one is ..... AUD Daily AUD False break out of daily channel and sharp rally back into it, currently held Large pin (80 pip odd) to test the BRN 1.4000 Above the daily 10MA and 50 MA, but caution, note some tails at the 1.0500 Positve so far....
Another simple system - Time-Frame 15
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peetee09 replied Jan 7, 2013GU continued... 4 hr and hourly below MA but still only 35 or so points from BRN 1.60 The 15 min looks like it might have already put in a double bottom (unlike the Eur which may be just doing that ala Jordfx LOL) I would stand aside for now and ...
Another simple system - Time-Frame 15
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peetee09 replied Jan 7, 2013GU Ok guys, Here's my thoughts, your input welcome and desired! :-) (I'll do two pairs) First GU Daily Note a perfect 0.618 retracement of the upwave (in an ABC correction is it quite valid to have B wave higher than A tart) Note strong support at ...
Another simple system - Time-Frame 15
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peetee09 replied Jan 5, 2013Excellent chrts thx JordFX Once the trading week starts I'll try and put up similar in a live-as-it-happens exercise. These charts and the gU case study are excellent discussion. i'm looking forward to your pointers on divergence using pa and ma. p ...
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peetee09 replied Jan 4, 2013Hi pkimnyc and Jordfx imo this is an important discussion and both sides make good points! :-) first, thx jordfx for posting the case study on GU, it is a very good example for us. Also pkimnyc thx for your clear chart earlier showing clear positive ...
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peetee09 replied Jan 4, 2013GU It's a nasty looking chart on the 4 Hr! (unless u caught the run lol) Could be the PMI (RED) due out in less than 2 hours expected 50.4. only been under 50 once in 3 yrs (2 yr ago). Not to trade the figure but timingwise be careful, and watch pa. ...
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peetee09 replied Jan 3, 2013EUR Lot of support on 4hr eur around this level (BRN, ADR low TL, S/R etc) look at the pa on 15 min for potential CT and/or set up for further short P
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peetee09 replied Jan 2, 2013Hi guys, Getting back into action! Lots of volatility so take care, but some setups forming in EUR daily among others (missed the hourly short) In the meantime, something to get the brain jump started! a spin on emmanual's tortoise and hare. Are FX ...
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peetee09 replied Dec 30, 2012Hi all! Hapy New Year! Let's make 2013 a BIG year :-) I agree totally with JordFX and Vantage views on this thread and the questions of having another trading thread. I think that it is essential to keep to Arjun's core principles on this thread and ...
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peetee09 replied Dec 21, 2012Thx BV :-) I appreciate yr contribution and consideration I concur with jordfx. This thread is not about pa but about pa within Arjun's system. We must be vigilant to focus on the system here otherwise in a years time it will be just a hodgepodge of ...
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peetee09 replied Dec 20, 2012Hi FXRobinhood I got in 57 and i got out 77 +20 On the approach to 0.618 retracement, but it was out more because of the rapid acceleration up, just to the money off the table, 0.618 could put a lid on ST and then might get back in if PA +ve. As ...
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peetee09 replied Dec 20, 2012Hi guys FXRobinhood good to see u thinking it through for yourself, keep focussed on only the BEST trades that meet all your criteria. btw where is the 200 MA on your chart, it is v useful, (see mine). (Also, if RED announcement near, take care, no ...
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peetee09 replied Dec 18, 2012Nice insight Xhale! Not a dead cat bounce but like someone dropping a basketball lol Lost all momentum P
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peetee09 replied Dec 18, 2012Aud showing signs that might move down, still as a countertrend at moment (above the 800MA P
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peetee09 replied Dec 17, 2012Thanks Ciara That's a very clear summary of what we all should be aiming for! X-Man you are the one! :-)
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peetee09 replied Dec 17, 2012Hi guys, Markets getting thin now up to Xmas, take care. They can still be volatile esp if US teeters on the cliff edge. I will be hereabouts this week and next but full steam again Jan. It is a good time to reflect on the system I feel, we need to ...
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peetee09 replied Dec 16, 2012Emmanual Good brain exercise to start the week! :-) 1 TREE (Three minus one) 2. THOU 3 Is a statement :-) P
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