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- proletary replied Jul 1, 2011
For a long term trade we've got to have a nice rejection from the utl + we've got to leave the congestion zone marked on the following chart. That's when all prerequisites will be in place for me to load a short.
- proletary replied Jun 30, 2011
Hi guys. My view on the EURUSD: Bearish tweezers in an uptrend on the 4H. The uptrend seems strong so I will avoid shorts ATM. Will wait for the first s/r around 1.4440 instead and look for a quick long. Target approx. wormboy's and cloggie's magic ...
- proletary replied Jun 24, 2011
Plus there is a supply zone that might still propell price up. I'm not in the trade becuase it would be CT. Otherwise yesterdays formation lookes quite pretty on the charts.
- proletary replied Jun 23, 2011
Yes, we are in a bear run on fiber. This is an illustration how I see what happened.
- proletary replied Jun 23, 2011
Thank You for your warm welcome! Here's my view on fiber. Overall trend on H4 is bearish. Price was rejected from S/R around 1.442 and broke the subsequent S/R above 1.43. I will try to short somwhere between 1.43 and the brown area on the attached ...
- proletary replied Jun 2, 2011
Hi shivas, I got 46,66 etc. starting from Asian low
- proletary replied Jun 1, 2011
1x1 stopped out Rats! Entered too early. Price missed my TP by a few pippetes. :|
- proletary replied Jun 1, 2011
1x12 PA pierced level with high momentum, retested and was rejected. Plus 1.4000 siren's call. And I almost forgot to add that PA made LH.
- proletary replied Dec 15, 2010
Sorry for doubleposting but the image failed to attach. There you go. You'll see it best on a H1 chart.
- proletary replied Dec 15, 2010
There it is. It's the GMT+1 version.
- proletary replied Oct 31, 2010
I asume price will go north. Reason: PB at BRN + TL This example's also giving me headaches, exactly for the same reasons - I see the same trouble areas as you, tightly packed one next to another). But I think the higher one will be more ...
- proletary replied Oct 29, 2010
Mike, I'd like to pick your brain about this trade if you don't mind. In my eyes the chart you posted misses an important PPZ (added by me in red colour). Now the BEOB you took was a fine signal, but weren't you worried that it closed just before ...
- proletary replied Jul 1, 2010
the power of confluence — I finally entered that trade we were talking abt some hours ago when I saw the PA gaining momentum. Locked in first profit @ 1.5 and set the rest to BE. Makes you wish you played it wth real money... Now I moved ...
- proletary replied Jul 1, 2010
Hi Pb. I was actually discussing that trade with Mike yesterday. url Apparently this was not a valid pinbar. That is also why I didn't enter the trade on GBP/USD. Just look at this confluence 2x fib ret + TL + 365 EMA.
- proletary replied Jun 30, 2010
Hi everbody! Currently I'm eyeing the EUR/GBP on the 4H. This just might form into a nice PB, as i see PA has bounced off the 0.82 RNB. It still has abt 15min to go until the candle is done so the chnces are good for a PB. PB would be excelent, ...
- proletary replied Jun 14, 2010
Yes I believe that PPZ are one of the strongest tools in our arsenal. It's a book you can read. I have it in my hands but I'm still illiterate. You just added to my ability to read the book. Thank you. Back to the current situation. I don't trade ...
- proletary replied Jun 11, 2010
GBPUSD BEOB — BEOB on the 4h GBPUSD. Trade Plan: short @ break of BEOB (1.4648) S/L @ 50% ret of BEOB (1.4705) TP#1 2/3 of position @ 1.4600 (beige area) setting rest to BE TP#2 1/3 letting run Comments appreciated
- proletary replied Jun 11, 2010
Rac-man meanig raczekfx? He would go for a touch trade wouldn't he? Touch trades are a no-go zone for me, at least for now. I still have to develop that specific feeling for price, call it intuition or whatever. Raczek amazed me with his trades to ...
- proletary replied Jun 10, 2010
Price stopped abt 18 pips short of 1.2150 anf retraced to the hipothetical 72 ret. Currently the PA on my feed looks like a normal retracement. Or am I missing something here... BTW GBPUSD did not follow that retrace on EU but stood still. What's ...
- proletary replied Jun 10, 2010
EURUSD 4h — Hi guys, this is my take on the EURUSD. I will be looking at PA in the blue rectangle area. Confluence of important PPZ that the last downswing broke + 32% fib ret of this swing + diagonal TL. I will consider shortong this pair IF ...