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- 9er replied Jan 29, 2013
or not
- 9er replied Jan 29, 2013
here is another example of rejecting then retesting. Price was rejected as you can see, but is now making a move back UP to the TL. Only what I am seeing now is a possible break of the TL as it appears to be a pretty nice ABC pattern looking to ...
- 9er replied Jan 29, 2013
Simultaneous Buy and Sell stops a practice I haven't previously used I have found when using the advanced AO indicator, when price gets around the trend line 1 of a couple of things occur 1. price crosses and breaks the TL (in which case I like to ...
- 9er replied Jan 28, 2013
Apologies - I thought I posted this earlier. I placed a sell stop 122.181 took +10 at 122.081. I have already cancelled the buy stop I had in place
- 9er replied Jan 28, 2013
AO on the daily is divergent
- 9er replied Jan 28, 2013
As I painted it yesterday
- 9er replied Jan 28, 2013
EJ15M crossed TL looks to be retesting. I have buy stop in place with TP +20
- 9er replied Jan 28, 2013
Either way it doesn't matter to my trade. I closed it manually at +9
- 9er replied Jan 28, 2013
So the question remains - are we looking at an "X" to "A" or an "ABC"? My guess is ABC although argument can be made of X to A
- 9er replied Jan 28, 2013
Also notice the bearish engulfing pattern where the "3" painted on the 30M chart. Price went sideways for a bit and then down, albeit not much
- 9er replied Jan 28, 2013
That is exactly what I am watching for
- 9er replied Jan 28, 2013
Damn - it was picture perfect!
- 9er replied Jan 28, 2013
If that isn't the most perfect hanging man I don't know what is - it lined up perfectly with W3
- 9er replied Jan 25, 2013
Well I received a reprieve from school duties today. Am off for the weekend. Have a good weekend
- 9er replied Jan 25, 2013
Yup only I was dreaming about it during the last hourly candle. I have a sell stop in at 3423
- 9er replied Jan 25, 2013
Looks like you were exactly right - the size of that pinbar was suspect
- 9er replied Jan 25, 2013
Who can figure the EU anymore? Good lord - thank god for buy and sell stops!
- 9er replied Jan 25, 2013
me too - I closed manually because it approached the TZ1 and at the time you'll notice the AO was divergent. I got skeered and took my +25 to the bank. I have been wanting to get in on a W5 complete wave though. Haven't had the guts since getting ...
- 9er replied Jan 25, 2013
Thank you sir! Any input on that EU1H W5?
- 9er replied Jan 25, 2013
1. (not shown in this chart) The RSI is at 77.33 (severly overbought) 2. Price has struck R2 daily pivot and appears to reject 3. Ewaves painted completion of W5 Quandary:the size of the candle (as of now) is only 18 pips. I've seen these candles ...