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  • #64,501
  • Dec 1, 2018 1:42am Dec 1, 2018 1:42am
Quoting mrmalik1
{quote} Nice post digz thanks for that lengthy and informative post....you had to write to write a lot lol....Thanks for that really appreciate that.....seen that hour 200 and h4 200 looks great but when trading towards these moving averages what should be considered...I mean when these avgs are above the price chart they play as res and vice versa if under the candle..chart.....But price stays a lot of time away from the averages when trading towards them I mean counter trend how when and where it should be trade.....like 200ema on h4 is is above...
Now your getting into the nut and bolts of things . ON your 4 hour chart ,, your 50 ema is the same as the hourly 200? Well on the hourly the 54 Lwa or a 50 ema is the same as a M15 200 . Starting to see a theme to this yet ? lol Notice how the lower price went the smaller the patterns got . It took the weekly low ,, now all the breakout traders jump in,,,, it is dropping to worthless woo hoo hop on the train Dane ,, get on the bus Gus its toast its done ,,,, wrong ,, look at how nonchalant price went from bear flag looking patterns to bull flag just below weekly R1 . That sob was going up regardless whether powell flapped his trap or not who ever sold the weekly low took their profit at weekly r1 went to the projection and not a pip more ,, thats the kinda shit you look for at highs and lows ,, but in answer to your question ,, just the next popular chart time frame down the ema 200 ,,, next one down is the 5 min then the one min ,, remember the 13 ema I told you to put on your m15 chart runs close to where a m1 would run ,, when london sticks it above or below for the day go back and look and see what price does . Your 2 main ones are always going to be the hourly 200 ,, rough ave weekly price and the hour 4 200 rough monthly ave price ,,then obviously the daily 200 the weekly 200 and the the monthly 200
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  • #64,502
  • Dec 1, 2018 2:04am Dec 1, 2018 2:04am
Quoting digger1
{quote} Now your getting into the nut and bolts of things . ON your 4 hour chart ,, your 50 ema is the same as the hourly 200? Well on the hourly the 54 Lwa or a 50 ema is the same as a M15 200 . Starting to see a theme to this yet ? lol Notice how the lower price went the smaller the patterns got . It took the weekly low ,, now all the breakout traders jump in,,,, it is dropping to worthless woo hoo hop on the train Dane ,, get on the bus Gus its toast its done ,,,, wrong ,, look at how nonchalant price went from bear flag looking patterns to bull...
I now I have 4 Emas on my chart 13,50,200,and 800 .
13 ema in m15 is 200Ema of 1 min and 13 ema on h1 is almost 50Ema on 50ema on h1 200ema on 15m and 800 ema is 200ema h1
200ema on h1 is 50Ema of h4 and 800ema is 200 ema of h4...am I right?.....so they are floating sup and res levels on the chart....putting all the pieces of puzzle to gather with levels horizontal sup res and the weekly pivot levels will clear the picture....

Thanks and regards
MRMALIK1
  • #64,503
  • Dec 1, 2018 2:08am Dec 1, 2018 2:08am
Let ya in on a little secret ,, conversation a few weeks ago about whether a certain pattern was valid or not because it wasent text book,,believe it was around the weekly high on the big flag pattern on the left ,,, its a F^&king billions and billions dollars a day mkt with a lot of different agendas,,, there is going to be very few text book patterns .. look for the flags at big levels text book or not there in is your answer for which way you should be trying to roll ,then its a matter of rolling with it not fighting it for the day or the week etc etc ,, who gives a shit which way its going ,, its your cash machine make it work for you .
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  • #64,504
  • Dec 1, 2018 2:17am Dec 1, 2018 2:17am
Quoting mrmalik1
{quote} I now I have 4 Emas on my chart 13,50,200,and 800 . 13 ema in m15 is 200Ema of 1 min and 13 ema on h1 is almost 50Ema on 50ema on h1 200ema on 15m and 800 ema is 200ema h1 200ema on h1 is 50Ema of h4 and 800ema is 200 ema of h4...am I right?.....so they are floating sup and res levels on the chart....putting all the pieces of puzzle to gather with levels horizontal sup res and the weekly pivot levels will clear the picture.... Thanks and regards
Well just be careful when ya get them all on a chart because the smaller the time frame the busier and more congested looking things become ,, then the scaling can get one in a pinch ,, but yes you are on the right path ,, I like a 2 hour with just the main 3 and my weekly levels ,, then use different ones down from there for my scalping ,, but always aware of what london kicks off for a theme for the day
  • #64,505
  • Dec 1, 2018 2:20am Dec 1, 2018 2:20am
Quoting digger1
{quote} Well just be careful when ya get them all on a chart because the smaller the time frame the busier and more congested looking things become ,, then the scaling can get one in a pinch ,, but yes you are on the right path ,, I like a 2 hour with just the main 3 and my weekly levels ,, then use different ones down from there for my scalping ,, but always aware of what london kicks off for a theme for the day
Three main you mean 50, 200, and 800 Emas on h2 chart
MRMALIK1
  • #64,506
  • Edited 2:36am Dec 1, 2018 2:21am | Edited 2:36am
Yes that is what I mean , Your m15 you can run the hourly 200 the m15 or hourly 54 Lwa 200 and the 13 ema but on 2 hour chart it is going to be 400ema ,, 100 ema and 27 LWa

If your more comfortable with an hourly use that Mrm ,, dont worry about the 2 hour I like the 2 hour because a months worth of time fits just right on one of my monitors and its not quite as busy as an hourly ,, easy for me to see what a monthly candle is looking like as the weeks fill out
  • #64,507
  • Dec 1, 2018 2:36am Dec 1, 2018 2:36am
Quoting digger1
Yes that is what I mean , Your m15 you can run the hourly 200 the m15 or hourly 54 Lwa 200 and the 13 ema but on 2 hour chart it is going to be 400ema ,, 100 ema and 27 LWa If your more comfortable with an hourly use that Mrm ,, dont worry about the 2 hour
which moving average you use to confirm that the level is going to hold or fold on h1...........do you consider price to close under 13 ema or 50 ema on h1 and same when the reversal is on process........like bottom or peak with price action.......and pattern like M or W.

thanks and regards
MRMALIK1
  • #64,508
  • Edited 3:04am Dec 1, 2018 2:52am | Edited 3:04am
Quoting mrmalik1
{quote} which moving average you use to confirm that the level is going to hold or fold on h1...........do you consider price to close under 13 ema or 50 ema on h1 and same when the reversal is on process........like bottom or peak with price action.......and pattern like M or W. thanks and regards
The hourly 200 or weekly ave price is the main thing ,,, below it you are selling res above it you are buying sup ,, to the bigger levels below or the bigger levels above ,, when it fails one way or the other then you are going the other way using the smaller time frame averages ,, it is a weekly average ,, stand to reason above it price works on gaining levels above ,,, below it working on taking levels out below ,,, then you watch the patterns you watch price you will start to notice when the flags change directions,, How many times have you seen me post the eur really likes tagging weeky S1 a then up to weekly R1 ,, how many weeks has it done that ,,,,same shit different week,, when the hourly 200 gets above the 4 hour 200 it will do the same shit only working up . There is a reason I say that lol As of now the H4 200 is keeping it check ,, the weekly levels getting closer together , going to vacate this area soon,, gonna get above the monthly ave price or the level is going to drop ,, dont look good for up but time will tell
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  • #64,509
  • Dec 1, 2018 3:20am Dec 1, 2018 3:20am
Quoting digger1
{quote} The hourly 200 or weekly ave price is the main thing ,,, below it you are selling res above it you are buying sup ,, to the bigger levels below or the bigger levels above ,, when it fails one way or the other then you are going the other way using the smaller time frame averages ,, it is a weekly average ,, stand to reason above it price works on gaining levels above ,,, below it working on taking levels out below ,,, then you watch the patterns you watch price you will start to notice when the flags change directions,, How many times have...
ohhhhhhhhhhhhhhhhhhh yes..............got you bro.....selling below 200 ema h1 buying above in in line with patterns and weekly levels and sup and res levels

thanks and regards
MRMALIK1
  • #64,510
  • Edited 3:53am Dec 1, 2018 3:37am | Edited 3:53am
Quoting mrmalik1
{quote} ohhhhhhhhhhhhhhhhhhh yes..............got you bro.....selling below 200 ema h1 buying above in in line with patterns and weekly levels and sup and res levels thanks and regards
Pretty much it man ,, dont forget the little list of daily givens that one knows with certainty for the most part ,,, minus all the normal trading bullshit one can get sucked into ,, practice practice practice ,,,,,,its a method ,,not a system ,,, systems fail they cant help it ,,, methods improvise adapt overcome


Now for shits and giggles ,, you seen some of the projections from the charts I posted earlier ,,, well the grand puba of charts and its little projection Lots of hope being put on the ole weekly 200 but tgts deeper ,,, written in stone ,, nope ,,neckline can be tested and it all depends on the follow thru one way or the other ,,, thats why its called trading lol. Hope some of this has helped or will help you man ,, this mkts has lots for all the little guys ,, we just have to find a way to get it consistently . There is many good traders in here , a whole lot of knowledge ,, not necessarily the typical trading knowledge or typical bullshit ,, but there is some good real world trading experience in here .The mkt or the world for that matter dont owe you a thing ,, you have to take it .. Take your time you will soak enough in to tweak some things and make it help you see things the way you have too to get your share ,, may be a combination of a different things you have read here ,, but keep swinging ,, the hours spent working towards that goal will pay off man ,, And one more thing ,,, if you think of the picture on the hourly chart of what I pointed out to you about Wednesday , Thursday , and Fridays price action ,, the pattern in the bottom circle ,, how it went up to the h4 200 ,,failed miserably . Look real close at the ole grand puba and tell me what you see.
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  • #64,511
  • Edited 4:36am Dec 1, 2018 4:14am | Edited 4:36am
Quoting post
Only hope left for EU Bull is US-China trade deal, at G20, just keeping my last long for the weekend with 80 pips SL (losing that will make my week BE or ) A deal = Dollar down, Possible a Gap up next week No Deal=RIP EU (Even I will consider closing my midterm longs) Calling it a day, Green pips to all. Have a nice weekend my friends. Happy Trading
President Donald Trump said he sees “some good signs” ahead of his highly anticipated dinner Saturday with China’s Xi Jinping as the two nations seek to avert an escalating trade war.

“We’ve already spoken and we’re working very hard,” Trump told reporters Friday in Buenos Aires, when asked about his upcoming meeting with the Chinese president. “If we can make a deal, that would be good. I think they want to and I think we’d like to so we’ll see.”

Hoping for the best, if things goes wrong, below 1.13 will be looking for shorting opportunity towards 1.10

Happy Trading
Trades technical moves enforced by fundamentals
  • #64,512
  • Edited 5:03am Dec 1, 2018 4:30am | Edited 5:03am
Imagine this guy as a Trader. Be That Guy.

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Self discipline It is a practice
  • #64,513
  • Dec 1, 2018 4:38am Dec 1, 2018 4:38am
Quoting digger1
{quote} Pretty much it man ,, dont forget the little list of daily givens that one knows with certainty for the most part ,,, minus all the normal trading bullshit one can get sucked into ,, practice practice practice ,,,,,,its a method ,,not a system ,,, systems fail they cant help it ,,, methods improvise adapt overcome Now for shits and giggles ,, you seen some of the projections from the charts I posted earlier ,,, well the grand puba of charts and its little projection Lots of hope being put on the ole weekly 200 but tgts deeper ,,, written...
if you are talking about this chart which you have posted earlier price hit the WS 1 and bounced just below it.....held that level about 8-9 hrs than shift the zone quickly using the news triger and target the weekly pivot and and the next day held the level and stayed in mid of the pivot and ws1 where the 200 ema of h4 was sitting ...slowly moved down and close the week almost where it opened.............net change almost 00000
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MRMALIK1
  • #64,514
  • Dec 1, 2018 4:42am Dec 1, 2018 4:42am
Quoting mrmalik1
{quote} ohhhhhhhhhhhhhhhhhhh yes..............got you bro.....selling below 200 ema h1 buying above in in line with patterns and weekly levels and sup and res levels thanks and regards
One more for ya ,, sept the hourly did get above the 4 hour 200 ,,, look where it made it too lol,, those are some of your most powerful tools ,, you still need to pick your spots and know when the levels around them hold or fold ,, just a matter of rolling with the mkt ,, it gives you the levels and the patterns ,, just piece it together like a puzzle and you will do just fine
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  • #64,515
  • Dec 1, 2018 4:45am Dec 1, 2018 4:45am
Quoting mrmalik1
{quote} if you are talking about this chart which you have posted earlier price hit the WS 1 and bounced just below it.....held that level about 8-9 hrs than shift the zone quickly using the news triger and target the weekly pivot and and the next day held the level and stayed in mid of the pivot and ws1 where the 200 ema of h4 was sitting ...slowly moved down and close the week almost where it opened.............net change almost 00000 {image}
Thats trading ,, thats why the big money is catching them weekly little swings back and forth ,, takes a long time to travel 1000 pips one way or the other averaging 8 to 12 pips a day ,, thats why one 30 pip day trade beats the mkt by 3 lol
  • #64,516
  • Dec 1, 2018 4:47am Dec 1, 2018 4:47am
Quoting mrmalik1
{quote} if you are talking about this chart which you have posted earlier price hit the WS 1 and bounced just below it.....held that level about 8-9 hrs than shift the zone quickly using the news triger and target the weekly pivot and and the next day held the level and stayed in mid of the pivot and ws1 where the 200 ema of h4 was sitting ...slowly moved down and close the week almost where it opened.............net change almost 00000 {image}
The one comparing the monthly was this week that just closed ,, wednesday , it popped al the way to the h 4 200 ,, thursday buyers remorse ,, friday the drop the flag caught it tho as of eod Friday
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  • #64,517
  • Dec 1, 2018 4:48am Dec 1, 2018 4:48am
Quoting digger1
{quote} One more for ya ,, sept the hourly did get above the 4 hour 200 ,,, look where it made it too lol,, those are some of your most powerful tools ,, you still need to pick your spots and know when the levels around them hold or fold ,, just a matter of rolling with the mkt ,, it gives you the levels and the patterns ,, just piece it together like a puzzle and you will do just fine {image}
good one bro
MRMALIK1
  • #64,518
  • Dec 1, 2018 4:50am Dec 1, 2018 4:50am
Quoting digger1
{quote} The one comparing the monthly was this week that just closed ,, wednesday , it popped al the way to the h 4 200 ,, thursday buyers remorse ,, friday the drop
yes the trap the traders to the wrong direction and slow and steady shift the zone.........buyers remaind in the hope that it will come back but............
MRMALIK1
  • #64,519
  • Dec 1, 2018 4:55am Dec 1, 2018 4:55am
Quoting digger1
{quote} One more for ya ,, sept the hourly did get above the 4 hour 200 ,,, look where it made it too lol,, those are some of your most powerful tools ,, you still need to pick your spots and know when the levels around them hold or fold ,, just a matter of rolling with the mkt ,, it gives you the levels and the patterns ,, just piece it together like a puzzle and you will do just fine {image}
it means 200 ema is the powerful tool on h1, h4 daily and weekly where we can find the best levels in line with previous high lows.........weekly daily highs.......sup and res........and the patterns, flags h$s etc no
MRMALIK1
  • #64,520
  • Dec 1, 2018 4:55am Dec 1, 2018 4:55am
Quoting digger1
{quote} One more for ya ,, sept the hourly did get above the 4 hour 200 ,,, look where it made it too lol,, those are some of your most powerful tools ,, you still need to pick your spots and know when the levels around them hold or fold ,, just a matter of rolling with the mkt ,, it gives you the levels and the patterns ,, just piece it together like a puzzle and you will do just fine {image}
it means 200 ema is the powerful tool on h1, h4 daily and weekly where we can find the best levels in line with previous high lows.........weekly daily highs.......sup and res........and the patterns, flags h$s etc etc.....
MRMALIK1
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