This should work out nice, it might go a bit higher still, so just build this position.
Going long on this audcad, coresponding with some basic TA, AB=DE pattern
This order sits there from yesterday, it is obviously a large single buyer. Data on institutional traders from darkpoolfx.net feed.
possible scenario, 1.0994 needs to be taken out then back to that level and buy. Until major players are long ofcourse. Realtime institutional positioning: darkpoolfx.net
new major buyers just came in so i will get in again 1.4813, stop at 1.4740
ebs direct feed and buyer on 1.4848 area
major seller spotted in 95.69 area... still need to get there to open this position.
as stated in last post, i was stopped out at break even so no harm done, now we have stophunting but the major buyer sits in 181.00 area so going long there again.
Found some big buyers in 181.36, might want to go with them...
This one is a bit more risky as most positions on cadchf are short so i consider this trade higher risk, half the usual position.
Entering this trade at a level where lots of short and long stops are...
ANATOMY OF FAIL this is the indicator - web crawler - which gathers information about retail traders positions/expectations in realtime. One of many places I gather intel is tradingview forex chat room. Just DO THE OPOSITE to the trend in retail traders opinions. (shorting that bottom??? EPIC!)
109.39 is the number to short today on AAPL, yesterday with think true volume buyers didnt make it higher than average expected price (violet line) which today should serve as major resistance or eventually support if it would be broken (which I dont expect to happen).
Again, on friday most traders were buying AAPL and lost - which usually happens so I trade against them. Today good point to short AAPL would be 109 but if the price action allows I will try to buy some at 106.28.
On friday there was 49 to 28 volume ration for bulls who are betting with their profit targets on average at 115.65 which is my initial target (might change as situation unfolds). 111.33 is the average Point of Control based on my true volume calculations so this is where I want to get in but my initial trade is going to be long as soon as market opens.
204.96 short order for 8th Jan 2015 I think Iv sorted out the problems with my spreadsheets so...
Last week summary for orders posted here (non leveraged %s): 6 trades, 4 wins, 2 break even, +6.5% By the way: break even trade is when price gets to 0.7% profit after entry and stop is moved to break even point hence break even transactions.