I was talking about this movie - please don't end up like a guy who phucked playmate
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swing it!
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Dislikedlooks like we have seen a temporary low having reached 1.228x
next I am looking for 1.233x - 1.235x with the possibility of a new low after because...
with todays movement I am moving up a degree to look at the greater correction possibilities of 1.338x to 1.204x
that means this recent move up to 1.244x could be wave A of an ABC but I think if that is the case we need to see a lower value between 1.222x and 1.213x before taking 1.244x.Ignored
DislikedI was able to do it have a look it is 5 minute chart - even tighter SL was possible.
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DislikedI was talking about this movie - please don't end up like a guy who phucked playmateIgnored
Dislikedtight is because you wanted to take a trade above the monthly pivot..just in case it went above todays high you wont lose much but gain alot more when it rejects the monthly pivot?Ignored
Dislikedlooks like we have seen a temporary low having reached 1.228x
next I am looking for 1.233x - 1.235x with the possibility of a new low after because...
with todays movement I am moving up a degree to look at the greater correction possibilities of 1.338x to 1.204x
that means this recent move up to 1.244x could be wave A of an ABC but I think if that is the case we need to see a lower value between 1.222x and 1.213x before taking 1.244x.Ignored
Dislikedand we are geting closer to first possible buy area now - she hit 2265 to the pip.Ignored
Dislikedit formed a top - I took it and placed SL just above the place where price failed to deliver - very simple and stop can be tight like that in those kind of situations, pivots helped me to do it as well so yes rejection always play an important role.Ignored
DislikedThe traders in this movie that couldn't make the transition to electronic markets are so pathetic with their whining they make me want to vomit.
I have been interested in trading since High School... but earlier in my life these same whiners locked the public out of the markets by being the middlemen you had to go through to play the game. They made their money by sticking it to John Q Public with huge commissions, bad pit traded fills, and spreads so wide you could ride Rosanne Bar through them. That was the only edge they really had.
[b]When...Ignored
Dislikedthanks for the explanation....i'm trying to learn better entries and methods...hope you mind too much my questionsIgnored
DislikedNever been in Chicago obviously but that guy at 50 with 30 years in a pits will not make that transition ever. .Ignored
DislikedThat's why I want to see the daily close to get a better picture to form an opinion for Friday, but I think I already have it as posted above.... I don't take trades after the European equity close (I only trade EURUSD) but still... it ain't over till the fat lady sings.Ignored