- Search Forex Factory
- lemmingboiv2 replied Aug 21, 2008
When it comes to gold and oil I am looking at this as a retracement the beginning of a "C " if you will am am watching R levels coinciding with fibos closely. . . I am sure market sentiment and the media panic will help it move to at least 129.11 ...
No Brainer Trades
- lemmingboiv2 replied Aug 20, 2008
EUR/JPY — Is inevitably headed toward 165.40 which is the best place for a short evar. . . It lines up with a level not tested in a month and a 50% fib on the latest downtrend. . . $$$ Of course we are hundreds of pips away from there so the ...
No Brainer Trades
- lemmingboiv2 replied Aug 20, 2008
USD/CAD — I am loving a long within this range 104.33-1.0277 (Most specifically 3 buy orders at 104.33,103.47 [I think this one is the money] and 102.77 respectively) +Lemming
No Brainer Trades
- lemmingboiv2 replied Aug 18, 2008
EUR/JPY — I certainly hope it makes another run towards 160.96 again so I can get on the bounce train.....
No Brainer Trades
- lemmingboiv2 replied Aug 15, 2008
I have just noticed that when gold/oil breaks an S&R level in this case S. . . It shows that its general direction will be down, so this gives me a general idea that the dollar will grow stronger thats all, no edge just a part of the puzzle for me
No Brainer Trades
- lemmingboiv2 replied Aug 15, 2008
Oil/Gold/USD — So thanks to the one and only IronMan he sent me to url which has oil/gold/s&p futures on a familiar MT4 platform. . . makes it so awesome to see them in a pin bar graph rather than just the number I see on bloomberg. plus to ...
No Brainer Trades
- lemmingboiv2 replied Aug 15, 2008
True definition of no brainer. . . To all those who are just finding this thread. . . . want to know what to look for in order to hit bounces like this? Take a look at the GU on the daily If you had drawn your S&R lines you would see that 1.8511 ...
No Brainer Trades
- lemmingboiv2 replied Aug 14, 2008
Eur/usd — There goes that range bounce off 1.4755. . . . You will get another shot after it comes back off 1.4825 ish
No Brainer Trades
- lemmingboiv2 replied Aug 14, 2008
Isnt it weird that not sucking as bad as you thought you were going to is considered "good" news in todays financial times? I know I have used this before but its kind of like being the Kansas City Royals. . . . . "Come see us this year. . . sure we ...
No Brainer Trades
- lemmingboiv2 replied Aug 14, 2008
EUR/USD grinding — Im (carefully) eyeing 1.4753 as the lower bound for the latest level of S and 1.4842 for R on this slooooooowwwwwww decent towards 1.43 could grind out 2-3 bounces. . . Of course a news item or wild commodity or equity swing ...
No Brainer Trades
- lemmingboiv2 replied Aug 14, 2008
Really its just horizontal S&R lines that would normally make up a range I would be watching for a BRV No Brainer bounce (Very strong signifigance. . . . look at nov 2007-feb 2008 on the daily) However with the strength of the downtrend I was loathe ...
No Brainer Trades
- lemmingboiv2 replied Aug 14, 2008
EUR/USD has been in between 1.4935 and 1.4832 bouncing off one then the other. . . . its no 200+ pip move but I have been playing it and doing quite well. . . why wait for the upside/downside when money is to be made now?
No Brainer Trades
- lemmingboiv2 replied Aug 14, 2008
Iron-man I always wondered. . . So I love to trade AUD/JPY, do you (specifically) draw it on the previous uptrend for the daily or the 4 hr? Do you give any credence to the downtrend fibo? Or since we do not know how far the downtrend will go we ...
No Brainer Trades
- lemmingboiv2 replied Aug 13, 2008
AUD/JPY — Is doing some interesting things right now after bouncing off 93.135 yesterday heading up toward the 38 fib @ 97.516 which has some historical S&R Watch it close Since the daily trend overall is down a short could certainly be most ...
No Brainer Trades
- lemmingboiv2 replied Aug 12, 2008
AUD/USD — So along this sliding scale of awesome selling that is the AUD/USD we have hit and blasted through several historical strong levels of S&R. However there are quick 40-80 pip scalps countertrend available each time as we bounce off of ...
No Brainer Trades
- lemmingboiv2 replied Aug 12, 2008
Support and Resistance Trading PDF by Billy Ray Valentine available at any forexfactory thread near you. . . . . . +Lemming
No Brainer Trades
- lemmingboiv2 replied Aug 11, 2008
Because I SO could have picked that without this thread....... (Was that dripping with enough sarcasm for you?????) Thanks again Billy
No Brainer Trades
- lemmingboiv2 replied Aug 11, 2008
Sold @ 8940 for a hardy 80 pips..... Looking to re-enter @8878 for the next ride to 8985 +Lemming
No Brainer Trades
- lemmingboiv2 replied Aug 11, 2008
I would love to trail to that !!! But am targeting .9378 .....Not too shabby.... So Far Support is holding....trend hasnt reversed......but still holding
No Brainer Trades