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Lalu replied Jun 26, 2014Good morning Davit, NU has charted out a megafone/reverse wave triangle similar to gu at 7060. image
Davit's Confluence Trading
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Lalu replied Jun 25, 2014Well done Davit. Great trading again. All the best amigo.
Davit's Confluence Trading
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Lalu replied Jun 20, 2014Evening all, There's plenty going in in the box. Just about every swing above it lands a 1.618 ext inside it. I didn't put them all in coz it looked so messy. So I've taken the first long to get my foot in the door. Let's see where it goes. All the ...
USD/CAD
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Lalu replied Jun 19, 2014Hi ffleo, Thank you for alerting me to this pattern. I've not heard it called a 'diverging fan' before, but I think this is the one you mean. Regards image
Cable Update (GBPUSD)
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Lalu replied Jun 19, 2014Recent action has cast a shadow on my trade ideas, rightly or wrongly it's certainly so. I'm inclined to let nu go if it breaks recent high now and focus attention on gu.
Davit's Confluence Trading
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Lalu replied Jun 19, 2014Good morning amigos Here's what I see on NU as possible turning point. image
Davit's Confluence Trading
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Lalu replied Jun 17, 2014Morning Chris, Looking at cable – it took out yesterday’s range low by a pip, reversed and took out pivot and 786 by a pip. Ordinarily I would be confident that we would now be on our merry way, but with the high impact news around the corner ...
Davit's Confluence Trading
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Lalu replied Jun 17, 2014Outstanding work my friend. It's inspirational. There is a confluence of fibs etc at 9350ish so exited here too enabling me to concentrate my efforts on cable and nu. image
Davit's Confluence Trading
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Lalu replied Jun 16, 2014Good morning Davit, Many thanks for posting books. It feels like the global hackles are up again. Darkness is reaching out from Iraq. Volatile times ahead. Calm heads required. I’m still holding nu,au and gu shorts. Regards
Davit's Confluence Trading
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Lalu replied Jun 11, 2014Hi Chris, If you don't mind me asking, are you gonna look for an entry to take that potential ride up if it doesn't hit your 30 level or stand aside and wait for the sell?
Davit's Confluence Trading
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Lalu replied Jun 11, 2014So true. One of the things I love about this game is the way sentiment turns on a sixpence. A great example was the unconstrained festival atmosphere of the 1.70 cable party. It was a given. No? That sort of attitude get's punished more often than ...
Davit's Confluence Trading
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Lalu replied Jun 11, 2014Good morning Davit, Very good list. I've read all except No.4 which I began last night thanks to you and No.6 which I shall acquire. No.5 is a bit of traders bible. I understand Mark Douglas is a big fan of trading abcd's. btw AU charted a butterfly ...
Davit's Confluence Trading
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Lalu replied Jun 10, 2014Good morning Davit et al, I’m looking for the next entry on AU. There’s some confluence just above 94, as Chris pointed out, so that’s what I’ll target. I’ve been mulling over a long in EU but given the general conditions I feel that it would leave ...
Davit's Confluence Trading
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Lalu replied Jun 9, 2014In times of extreme weakness PA falls short of targets so I'll need to be prepared for lower entries if buyers aren't greedy enough. As a very good trader once told me 'you need to be rigidly flexible'.
Davit's Confluence Trading