Short 1.4675 because the price hit the edge of my triangle on 30m.
Seems ok so far.
3 pips! Oh man I'm awesome.
Seems ok so far.
3 pips! Oh man I'm awesome.
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DislikedWell, sort of manually. I draw them on one chart then wrote scripts that let me easily manage them and apply them to other TFs (I usually have like 8 EUR/USD charts open at a time), and note why I drew it, etc.
Mostly, I got the impression those weren't the SR lines people were working with--rather Pivot/Fibonacci points, neither of which I've taken the time to learn much about yet.
That said, I would certainly appreciate the names of any scripts you've found useful for that or anything else. MT4's default interface is frankly awful in a lot of ways and I've found myself writing scripts for a number of basic things, heh. Would love to hear of any utility scripts others have found useful.
Good to know, thanks.Ignored
DislikedA lot can happen in 6 days, but if the monthly price closes above 1.4571, we'll have the holy mother of PB'sIgnored
DislikedMaybe it's too late to be asking this (like maybe I should know it already), but what do you mean by PB's?Ignored
DislikedA lot can happen in 6 days, but if the monthly price closes above 1.4571, we'll have the holy mother of PB'sIgnored
Dislikedbtw what is the best way to ID s/r ? i mean it is potentially everywhere... eg,
i am sure every 1.44 1.45 .146 etc etc is some sort of s/r perhaps even the 50s 1.445 1.455 1.465 etc soon my chart will be FULL of linesIgnored
Dislikedbut pinbar must be confirmed so u have to wait another month
last daily pinbar on eu and gold was fake.
Still anything can happen
Only Oil does matterIgnored
DislikedThere's enough Oil on the Alaskan North Slope to supply the US for the next 200 years.
You won't see Oil at 200/bbl this year or next.
Here's what a top geologist that studies oil deposits has to say.
"The most common question I get is, 'When are we going to run out of oil.' The correct response is, 'Never,'" said Eric Cheney.
"Changing economics, technological advances and efforts such as recycling and substitution make the world's mineral resources virtually infinite, said Cheney, a UW professor emeritus of Earth and space sciences."
"For instance, oil deposits unreachable 40 years ago can be tapped today using improved technology and oil once too costly to extract from tar sands, organic matter or coal is now worth manufacturing."Ignored
DislikedHere's an indicator based on fractals. The original author, BarryPip I think, is still around here somewhere.
Also sending along a pivot indi.Ignored
Dislikedhow much can we rely on the technicals in these days? There is a clear formation (ascending triangle) that forcast a brake out, but then it suddenly stops! Is it because of new from germany? I have a hard time accepting that the whole market stops at 0200 am until 0900 just because of it. If I trade by the triangle it will probably bounce off the "roof" of the triangle and then go down.. I will sit here and wait.. again..Ignored
DislikedI still expect the triangle-forecasted breakout to occur, but that stuff is necessarily inexact, and certainly not 100% anyway. I doubt we all drew it exactly the same way. I'm expecting a short breakout any time now--or well, more ideally going on now. We'll see.Ignored
DislikedNo, other words to better describe it....
dumb....stupid..... clueless......Ignored
DislikedNot necessarily another month.
If this month's bar closes as a pin, it is confirmed by a break above it which can possibly happen on the 1st of October.
Last daily pin on sept 11 has worked fine so far. Last week's bearish pin was suspect as monthly support was quite close below.
Weekly PB also playing nice so far.
The pin on gold has not yet failed either. If it takes out 920.34 it will.
I hope it does fail, will be good for the EU longsIgnored
DislikedYou can have your bear for the next few days.
As long as it closes on September 30 above 1.4571Ignored
DislikedSo where will Europe test first.. seems some big unwinding of E/J possies.
Weak yen may trigger more cross unwinding perhaps.Ignored