The ideas that I trade by:

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v8power
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Re: double shakeout after shakeout

Postby v8power » Sun Jul 24, 2016 2:52 pm

MightyOne wrote:
v8power wrote:
Don't play with my emotions, been waiting for that new thread like.. :mrgreen:


If you see a bar chart then it is Ideas_2 :D

EURUSDM5.png


Damn I hate bar charts. So Im always afaid to ask questions cuz Im sure they are dumb, but what do the green boxes show? Price before the breakout?

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Re: double shakeout after shakeout

Postby MightyOne » Sun Jul 24, 2016 4:21 pm

v8power wrote:
Damn I hate bar charts. So Im always afaid to ask questions cuz Im sure they are dumb, but what do the green boxes show? Price before the breakout?


Is it because they are black? JK JK :lol:

The answer is 3 or so posts up:

MO wrote: On the smaller charts, M1 through H1, you can think of the congestion that forms after a breakout as the 'close'.

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Re: double shakeout after shakeout

Postby v8power » Sun Jul 24, 2016 4:25 pm

MightyOne wrote:
v8power wrote:
Damn I hate bar charts. So Im always afaid to ask questions cuz Im sure they are dumb, but what do the green boxes show? Price before the breakout?


Is it because they are black? JK JK :lol:

The answer is 3 or so posts up:

MO wrote: On the smaller charts, M1 through H1, you can think of the congestion that forms after a breakout as the 'close'.


Hahahhahaha. Ah ok. The congestion

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Re: The ideas that I trade by:

Postby v8power » Sun Jul 24, 2016 4:49 pm

Jalarupa wrote:
v8power wrote:
Jalarupa wrote:
That's what I was saying!!! :lol:

Totally in this trade... SARB due to not raise rates this week should propel this puppy north further...


Ok so Im prettys sure neither of u 2 would enter a trade based soley on a 15m chart. Care to offer what else you saw that would offer u a trade idea. Cones still haven't really clicked for me yet (in actually trades). Thanks


Look at W1 D1 H4 support... ;p


Hey one of my dozen (demo)brokers does carry this pair. I can see the hourly trade (Friday gave an awesome buy). But long term, based off D! and W I would be looking short. I would have already been building a position since about 16.2500, 15.5000.
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Re: The ideas that I trade by:

Postby Jalarupa » Sun Jul 24, 2016 5:21 pm

If you want to trade this pair as well as other ZAR pairs then have a look at my broker...

https://secure.tickmill.com/redirect/in ... 050&lang=2
Feed my will to feel this moment urging me to cross the line.
Reaching out to embrace the random.
Reaching out to embrace whatever may come.

Trade management by <<FX SYNERGY>>
<<Bitcoin Trading>>

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Re: The ideas that I trade by:

Postby v8power » Sun Jul 24, 2016 5:28 pm

Jalarupa wrote:If you want to trade this pair as well as other ZAR pairs then have a look at my broker...

https://secure.tickmill.com/redirect/in ... 050&lang=2


I was just trying to make a joke. But leave it to you to offer a helpful suggestion. Gotta love that they offer an account with a min amount of 50,000 and still 500 to 1 leverage. I wish the US had just one good retail broker.

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Re: The ideas that I trade by:

Postby MightyOne » Sun Jul 24, 2016 5:48 pm

The USDZAR is the new GBPUSD ;)

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Re: The ideas that I trade by:

Postby v8power » Sun Jul 24, 2016 5:53 pm

MightyOne wrote:The USDZAR is the new GBPUSD ;)


Ah, why did you tell me that. Now I gotta start watchin it

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Re: The ideas that I trade by:

Postby Jalarupa » Sun Jul 24, 2016 6:01 pm

Also offers a very attractive carry for shorts... With every indication of future tightening by the SARB in the months to come... Inflation in my country is going gang busters and the SARB targets a.cpi bands of between 3-6%

Current CPI is around 6.3%

Bond yields also quiet attractive which is also ZAR positive in long term... So yeah v8 I'm also long term bearish on this pair...

The caveat being that she doesn't pay nice in risk off environments, so if the Dollar rally's (or Fed hike gets priced) then it's of to the races...
Feed my will to feel this moment urging me to cross the line.
Reaching out to embrace the random.
Reaching out to embrace whatever may come.

Trade management by <<FX SYNERGY>>
<<Bitcoin Trading>>

v8power
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Re: The ideas that I trade by:

Postby v8power » Sun Jul 24, 2016 6:07 pm

Jalarupa wrote:Also offers a very attractive carry for shorts... With every indication of future tightening by the SARB in the months to come... Inflation in my country is going gang busters and the SARB targets a.cpi bands of between 3-6%

Current CPI is around 6.3%

Bond yields also quiet attractive which is also ZAR positive in long term... So yeah v8 I'm also long term bearish on this pair...

The caveat being that she doesn't pay nice in risk off environments, so if the Dollar rally's (or Fed hike gets priced) then it's of to the races...

Sounds good

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