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  • #34,001
  • Aug 10, 2018 10:14am Aug 10, 2018 10:14am
H&S?? Another push?? Ata's stupid LO TL holding up the bear action

5M
chart
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TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #34,002
  • Aug 10, 2018 10:14am Aug 10, 2018 10:14am
Quoting fontu
{quote} can easily go there even though there is now signal that last leg down failed , but this last leg make other structures than a simple wave as very frequently do most time , so to down wellcome .started buying me as only one way play till next decision or loss few times to reanalysis & change or so .take care , fontu

hope to hit my target, making new low atm!!
  • #34,003
  • Aug 10, 2018 10:19am Aug 10, 2018 10:19am
Waiting to see if candle will close below cloned red TL to validate shown level as break out point, according to Ata's principle. Already scalp sold and taken profit. Played a fast one for fun. Lol
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  • #34,004
  • Aug 10, 2018 10:20am Aug 10, 2018 10:20am
Quoting Coreg2004
{quote} Super Tiger, what if I asked you to trade off of this chart with axes of time and price removed? Would you trade it differently based purely on PA (using pattern recognition) than knowing what time frame you are on?...Our thought makes us worry that we don't know everything but do we have to know all to make a sound decision? IMO no, just focus on what is in front of us. Good decision can be made based on the information at hand. {image}
I would short on that chart. If it is a larger TF, I would do it with more conviction. Now show me the bounce!
  • #34,005
  • Aug 10, 2018 10:21am Aug 10, 2018 10:21am
Quoting moneymagnet
H&S?? Another push?? Ata's stupid LO TL holding up the bear action 5M chart{image}
we're sinking to new lows

LO is great man . We've had some good calls from other traders on this thread , too bad now that they are no longer posting
  • #34,006
  • Aug 10, 2018 10:24am Aug 10, 2018 10:24am
Quoting MXT
{quote} we're sinking to new lows LO is great man . We've had some good calls from other traders on this thread , too bad now that they are no longer posting
LO is another tool I am THANKFUL Ata shared!! 14150 is supporting pretty strong at the moment. This could be a profit taking day for the big boys. Could see a bounce sometime today. We will find out!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #34,007
  • Aug 10, 2018 10:26am Aug 10, 2018 10:26am
H1 candle close below new Blue TL, currently at: 1.14255 will create a new lower breakout level to sell again.. I keep waiting to see how current candle will close.. no rush..

Stay Green
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Focus only on what truly matters!
  • #34,008
  • Edited 10:51am Aug 10, 2018 10:38am | Edited 10:51am
Hi Ata , one thing about break like today hourly 1.1463 was direct fall . I know u already said to go lower TF but until candle close the move was above 26 pips. How do u catch such fast move ? This scenario can be seen many time.
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  • #34,009
  • Aug 10, 2018 10:39am Aug 10, 2018 10:39am
Quoting MXT
{quote} we're sinking to new lows LO is great man . We've had some good calls from other traders on this thread , too bad now that they are no longer posting
Yeah man where is Teek haven't seen him in a long time
  • #34,010
  • Aug 10, 2018 10:50am Aug 10, 2018 10:50am
Soooo be honest how many users got a margin call from this drop lol
Drawdown is more important than Account Size !
  • #34,011
  • Aug 10, 2018 10:59am Aug 10, 2018 10:59am
daily low 1.1395
  • #34,012
  • Aug 10, 2018 11:03am Aug 10, 2018 11:03am
Quoting okshop
{quote} The Big boys might want to lure more weak sellers to tag the current H4 X 49 = 196 hours (1.1610 +-) possible go lower for the lure 1.15668 then spike to Tag the H4 then when all look super bull maybe the Friday CPI positioning they go for the KiLL activating the Daily SHS trigger line this for the weak buyers.
Lovely play by the Big Boys (HapPy weekend Traders)
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Self discipline It is a practice
  • #34,013
  • Aug 10, 2018 11:04am Aug 10, 2018 11:04am
Quoting Engr.trader
{quote} Revised in red...lol......looking at around 1.1250 {image}
Looks like this one was correct. I had a short get taken out by that crazy spike yesterday. I didn't short again....should have.
  • #34,014
  • Aug 10, 2018 11:07am Aug 10, 2018 11:07am
Quoting MXT
daily low 1.1395
Weekly breakout tgt 1379 , bottom circle , bounce back to 1430ish not out of the question , should be lots of profit taking on that last poke down
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  • #34,015
  • Aug 10, 2018 11:09am Aug 10, 2018 11:09am
Quoting SuperTiger
{quote} I would short on that chart. If it is a larger TF, I would do it with more conviction. Now show me the bounce!
Super Tiger, that's my argument, you had recognized the instrument and time frame and the thoughts kicked in...but when we don't assign the price tag to lost or gained pips/points we can be able to trade without fear or greed - hard to do but possible - purely on our method. Have you heard about "Turtles traders"? one set of rules ...those who were able to follow them become millionaires. Check the chart below, please, is this euro? is this 15, 60 or $H chart? A long time ago I subscribed to the theory that all is in my head...great talking to you ST.
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Always trade your own plan...I don't provide trading signals.
  • #34,016
  • Aug 10, 2018 11:12am Aug 10, 2018 11:12am
i have been watching this drop for 10 hours and still can not enter any position because no big retrace for me
  • #34,017
  • Aug 10, 2018 11:17am Aug 10, 2018 11:17am
Quoting Namelessman
i have been watching this drop for 10 hours and still can not enter any position because no big retrace for me
Donīt worry. There is always another bus. On Monday, for example.
Only real values: Valid rules, discipline and experience.
  • #34,018
  • Aug 10, 2018 11:20am Aug 10, 2018 11:20am
Quoting Namelessman
i have been watching this drop for 10 hours and still can not enter any position because no big retrace for me
there is a retracement if you follow ata's principle
  • #34,019
  • Aug 10, 2018 11:22am Aug 10, 2018 11:22am
Quoting fxmfarmer
{quote} there is a retracement if you follow ata's principle
kindly explain the principle, do i enter when at the blue cloned line or immediately the candle breaks it?
  • #34,020
  • Aug 10, 2018 11:38am Aug 10, 2018 11:38am
Is the slaughter & carnage over?....did 1.14 hold?
Is it Safe?....lol



probably not
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