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- smogser replied May 27, 2015
What does 0.5 retracement have to do with Fibonacci series?
- smogser replied May 27, 2015
76.4% to be more precise))
- smogser replied May 19, 2015
There's in fact no difference - all indices are highly correlated. If DAX is to go down US30 will no doubt do the same - and they both are atm nearer to resistance than to support, if these things are in play (rather than sentiment). Thus I wouldn't ...
- smogser replied May 19, 2015
good job
- smogser replied May 19, 2015
True. But retracement is so much harder to play and moreover to make a constant profit! This particlular short, though has some prospect in terms, that there's no obvious support rather than 100 points below. The question is though, who'll be ...
- smogser replied May 19, 2015
I was originally shorting in the depicted area, despite that I was going to go long only. After some drawdown went out square. Shorting today is an absolutely bad idea, after a clear turn on all major time frames, hence it is advisable to look only ...
- smogser replied Apr 1, 2015
...except for such a "chicken feed" as fear to be deprived of profits and abscence of liquidity.
- smogser replied Mar 27, 2015
Back to Gartley butterflies, worked nicely on H1, didn't it? Though I ascribe a different meaning to it... A new signal appeared on M1 to sell right now 11925, but I'll be waiting till 11938 to go short.
- smogser replied Mar 26, 2015
hi, with such a dull dynamics i would say shorts soon)) SL above11745
- smogser replied Mar 26, 2015
zu Befel)) Entering long 11660 Sl 11648 TP 11737 (red horizontal line). Then the probable scenario with red lines and entrances according to the scenarios depending on dynamics.
- smogser replied Mar 26, 2015
I can only guess why you are quoting my post here))) To the point though: in one of your posts you said you place stop orders above and below the market on some levels, without further expounding on the nature of those levels (actually, I personally ...
- smogser replied Mar 26, 2015
Yea, went long 11680 and quit 11700 after reversal on M1.
- smogser replied Mar 26, 2015
Oh, I'd love to give reasoning if I could - it would have taken 150 pages to describe the approach. In fact, that's the amount of pages in my book about markets which I'm finishing (hopefully) this year.
- smogser replied Mar 26, 2015
An example of a meaningfull post would be the following: I am going to go long, folks, cause, my indicator "Gartley Pattern" tells me to do so on H1 chart. Btw, I've been studying this indicator for a long time now and must say that it gives good ...
- smogser replied Mar 26, 2015
We've held so far a fairly peacefull "fight" (have a look at some other forums - that's a nightmare what they write there), which was in no way an ego one, at least was deemed to be so. As for "pointless" - there's in fact no point in posting one's ...
- smogser replied Mar 26, 2015
doch))
- smogser replied Mar 26, 2015
You still don't see what I mean. I have no doubts you've made that trade. I doubt the reasoning behind this trade. How can you assert 11906 is a significant level, when by 11.50 CET it had not even been formed to be able to break it from the down ...
- smogser replied Mar 26, 2015
Morning, this looks much better. The only doubt is that entering with buy stop here stipulates no significant level's break out. Apart from that, if my today's planned long @11680 doesn't work out with at least 450 points of return, I don't know how ...
- smogser replied Mar 25, 2015
Charts look pretty much the same with the two of us)) But I don't see you buy stop entrance @11906, you may kill me/
- smogser replied Mar 25, 2015
Guess we are missing smth here. Today's low is 11903 and it happened at 12.55 CET. Do you mean to say that you placed your buy stop order just 3 points above as the price hit the day's low to enter long?