Look at this support on U/J.
Closed Geppy for profit until she breaks through.
B
Closed Geppy for profit until she breaks through.
B
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Dislikedtill the time bullshit says down, i will never go long on GJ
I will go long only when bullshit says upIgnored
DislikedGuys plz, this is supposed to be a documented discussion thread. Point out errors or misjudgements all you like however stay civil whenever you write anything on it. Arrogance, Gloating, Childish name calling or straight out flaming is not conducive for any constructive purposes.Ignored
Dislikedi've never seen price struggling so much with 50ema on an m5 chart... geez, i'm trying to scalp here...Ignored
DislikedDow Industrials had the worst one-day point plunge in the history of the United States of America, worse than 9/11, worse than 1987, worse than 1929. The Industrials crashed 7 percent Monday, the S&P 8.6 percent, the NASDAQ Composite diving 9.1 percent Monday.
$1.2 trillion was wiped out from the stock market Monday. The Dow Industrials lost 777.68 points, closing at 10,365.45, a new closing low for 2008. The previous worst one-day plunge in the DJIA was 684.81 points at 9/11/2001.Ignored
DislikedPanic postponed till the next session? or just giving a 'fake market confidence'?Ignored
DislikedI have a question about scalping. I am practicing, trying to learn the best strategies. I have a micro account set up for that purpose, just a couple hundred dollars, it is not an issue if I lose, this is just for practice.
What are favorite stragegies for scalping on a 1 or 5 min timeframe? I am mostly successful, but feel I am missing something particularly on the 5 min .. often it turns against my entry when it really looked like it was ready to go my way. I am trying to short or long into mini rallies on the 5' using BB and Keltner channels, RSI and generally price action. Any input??
Does candle shape have any significance on the 5' .. I would think not unless an obvious eveining or morning star .. am I wrong?Ignored
Dislikedi don't stick too many indies on 5m and 1m. this is what i use:
1) gann
2) 5sma (crossing with 50ema)
3) 50ema (s/r)
4) cci30 (above/below 100/-100 lines - respectively, cci tl breaks, and divergence)
5) TLs/Fibs/pivots
6) momentum, for mom TL breaks.
7) MACD Histogram
8) price patterns: channels, h/s, etc etc etc...
that's not a lot is it? lol
lately i've been examining a very good relationship between classic and hidden divergencies coupled with 50 ema as an S/R level. but mostly for hidden divergence.
it's not as complex as it seems, more like driving, once u get the hang of it, u can actually smoke a cig, talk on your cell, watch porn (ehm), and scalpIgnored
DislikedI'll pass on the porn .. but thanks lilmoe. I will try those indicators.Ignored
DislikedWhat do you mean by classic or hidden divergence?
What are MACD settings .. the standard 12-26-9 seem too slow for the 5 min ??Ignored
Dislikedit's scrat's (MACD adjustable) found on this thready's attachments. use default settings 5,34,9Ignored
Dislikedbtw, this 5m candle was a long scalp signal which i took targeting 15m 50ema (that's a hint of course ) i would exit, however, with profit/loss if m5 gann cross back down.Ignored