Trading the BEST Indicator (sarcasm) - Page 2
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Thread: Trading the BEST Indicator (sarcasm)

  1. #11
    90476Option expiries for the current 1500GMT cut,
    * Euro-dollar; $1.3200, $1.3250, $1.3300(large), $1.3330(large),
    $1.3400(large), $1.3500, $1.3520
    * Dollar-yen; Y77.75(large), Y78.00(large), Y78.50, Y79.00
    * Cable: $1.5850
    * Dollar-Swiss; Chf0.9300
    * Swiss-yen; Y85.50
    * Aussie; $1.0200/05, $1.0250
    * Kiwi; $0.7850, $0.7935
    * Aussie-Kiwi; NZ$1.3160

  2. #12
    90476Fundamental levels (orders, Alternatives, technicals),
    $1.3515 Stops
    $1.3500/10 Medium Provides
    $1.3487 Monday high NY
    $1.3470 Medium offers/Tech $1.3468 61.8% $1.3550/1.3336
    $1.3450/55 Medium offers/Tech $1.3451 76.4% $1.3487/1.3336
    $1.3429 Tech 61.8% $1.3487/1.3336/Powerful Provides into $1.3430
    $1.34283 Int.Day high Europe, Asia $1.3404
    $1.3405 ***Current mkt rate 1226GMT Tuesday
    $1.3400 Medium demand
    $1.3390 Stops
    $1.3375/70 Medium demand
    $1.3336 Int.Day Reduced Europe, Asia $1.3361
    $1.3330 Strong Need on approach/T-line off $1.3212/Stops
    $1.3310/00 Medium demand/Stops
    $1.3280 Powerful demand/Stops

  3. #13
    90476Options expiry and orders touted are in line. . 1.3330 seems like a fantastic goal. If I'll be patient. . Its consolidating out a little TF trendline was broken by it.

  4. #14
    90476
    Quote Originally Posted by ;
    OK... mistakes cost money. Me squak feed is causing issues... anyway opened a trade 1.3404... and BANG Germany factory orders came in at 5.2 (expecte 0.9). . And I. Situation doesn't change. . Still Risk Away.

    Shorted it again at 1.3420. . After that push Data.

    I expect to figure out things with squak feed. . That I feel like without hands. Information is.
    Closed it in 3378. .

  5. #15
    90476 Today we had a Risk Away surroundings but price didn't create any significant losses (so far). Therefore market is somewhat not decisive. (euro and cable)

    What is intriguing about cable it likes to overshoot S/R and then pullback into the range... can not really explain this phenomena.

    Also, likes to retrace around London close. .

    Considering these details:

    last trade of the day. .

    Longed cable at 5568. Goal at 5630... Its my weakness I've troubles having decent targets. Closest supply/demand location is chosen by me.


    But lets just watch.

  6. #16
    90476 upgraded my goal to 3622 coz its own 100% extension from initial bullish wave today. . You can see that fib holded down and gave another entrance in the event that you missed the initial. Price likes the 62-79 range frequently. And if price overshoots which S/R then ratraces back to the range. . It respects as it did on gbpusd, that S/R on second bounce.

  7. #17
    90476Its a bit hectic probably to understand how these setups come up...

    I will attempt to generate a Tool Box at the first post for reference.

  8. #18
    90476
    Quote Originally Posted by ;
    Hi there,

    I do not pay for Reuters/Bloomberg. Just go to their sites and appreciate

    Although I pay for Squawk feed and bullets from Market News International.
    This http://talking-forex.com/live?code=dBQ869WseBTwk3cHwUz9 is Free of Charge

  9. #19
    90476 Waiting for news. . .probably GDP will proceed AUDUSD

  10. #20

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