10.6 EDSEL

Post by **zentauro67** » Mon Mar 10, 2014 6:37 pm

Fast TMA lines are very useful in ranging periods but can be misleading under strong trends. I prefer changing the period from 56 to 34 or even 20 to minimize the repainting. I mute the central line and its idiot colour reading of the trend as I have had very bad experiences following its slope. The boundaries of the band are excellent for taking profits.

Post by **nanningbob** » Mon Mar 10, 2014 10:27 pm

OK yesterday I didnt want to make CSS predictions because I wanted to see how the market was reacting to certain news. Not much happened so the trends that were happening began to pick up again.
gbp and jpy are trending down
eur, chf, and nzd are trending up

I would look for buys on the euro and chf pairs knowing that news in the Ukraine could upset the apple cart at anytime.

China news doesnt seem to have had an immediate affect on the jpy but keep that in the back of your mind.

nzd buys seem interesting and will see if it decouples from the aud for a while which does happen once or twice a year for short periods. This looks like one of them.

I am going to play with the TMA as an indi during range times. gbp/jpy and eur/nzd would be two pairs that would probably range so those will be good places to look.

look for those crosses of the gbp/usd and gbp/aud for good sell trades also.

Post by **art** » Tue Mar 11, 2014 5:05 pm

very quite here today, everyone on holiday

Post by **boldtrader** » Tue Mar 11, 2014 5:10 pm

boldtrader » Sun Mar 09, 2014 6:19 pm wrote:
trucomallica » Sat Mar 08, 2014 12:58 am wrote:Woah, I bet there'll be some huge gaps this sunday night.
Grabbed some pips on AUDUSD short, selling the upper channels. Counter traded the up-move, closed at first retest of broken support.

Nice gap down. Next down side target is 0.8995

Cheers.

AUDUSD Target just hit.. 0.8995.

Cheers.

Post by **boldtrader** » Tue Mar 11, 2014 5:11 pm

boldtrader » Sun Mar 09, 2014 6:26 pm wrote:
boldtrader » Sun Mar 09, 2014 5:19 pm wrote:
trucomallica » Sat Mar 08, 2014 12:58 am wrote:Woah, I bet there'll be some huge gaps this sunday night.
Grabbed some pips on AUDUSD short, selling the upper channels. Counter traded the up-move, closed at first retest of broken support.

Nice gap down. Next down side target is 0.8995

Cheers.

Also...I am also expecting EURJPY to retest 141.50 and 141.00, to retest those broken resistance levels. I am short from last week after closing out longs.

I am still short EURJPY..

Post by **boldtrader** » Tue Mar 11, 2014 5:21 pm

boldtrader » Tue Mar 11, 2014 1:10 pm wrote:
boldtrader » Sun Mar 09, 2014 6:19 pm wrote:
trucomallica » Sat Mar 08, 2014 12:58 am wrote:Woah, I bet there'll be some huge gaps this sunday night.
Grabbed some pips on AUDUSD short, selling the upper channels. Counter traded the up-move, closed at first retest of broken support.

Nice gap down. Next down side target is 0.8995

Cheers.

AUDUSD Target just hit.. 0.8995.

Cheers.

Bounce coming, with a trade back up to 0.9015; Will look for about 30-35 pips or so..

lionsden · Post by **lionsden** » Tue Mar 11, 2014 5:21 pm

ditto....

lionsden · Post by **lionsden** » Tue Mar 11, 2014 5:29 pm

Also short NZDJPY

Post by **boldtrader** » Tue Mar 11, 2014 5:31 pm

boldtrader » Mon Mar 10, 2014 10:41 am wrote:Hi Team,

I am enjoying the multiple markets retesting previous breakpoints (I call these MST's, short for Market Structure Trades). AUDUSD - moving to target, EURUSD( possibly about to break an H1 H/S line; While there is talk of EURUSD moving to the 1.40's level, there are breakpoints down lower,1.3825, 1.3785 and 1.3750 which will need to be retested. EURJPY moving... GBPJPY also moving to breakpoints, along with USDJPY (102.50, 102.00, 101.50).

These are also considered to be stop levels, which makes them very potent for liquidity and highly targeted.
Combined with Edsel system, is very powerful.

Lets see what happens..

Cheers

Reminder, I am seeking EURJPY 141.50 and 141.00 levels on EURJPY..; along with the other pairs/levels previously mentioned...

PIPs to all..

Cheers

sim2505 · Post by **sim2505** » Tue Mar 11, 2014 6:56 pm

For 10.4 and 10.6 system, if I understand well,

For 10.4 system, we must take care:
- CSS H4 = Currency position : Under -20 or Over 20
- CSS D1 = Strength direction + Position with others (over or under)

For 10.6 system, we must take care:
- CSS H4 = Strength direction
- CSS D1 = Strength position

For direction, the pairs we will look must be those are in opposite direction or only the direction of one currency is enough ?