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  • #27,541
  • Dec 17, 2018 6:30am Dec 17, 2018 6:30am
back to bed.. i put one at rigid R 1395, 30 pip stop. another 1355
those who can, do. those who cant, talk about those who can
  • #27,542
  • Dec 17, 2018 6:35am Dec 17, 2018 6:35am
Quoting gatorinla
strong rigid day R 1395, rigid day support 1204. 30 pips stop usually enough. today only. possible short after 1330 or 1355.. strong support this week using week pa 1260.. the week rigid support is above the day support. stop for week is not a set number.. 30/45 pips roughly. the week closed lower.. looking to long the anticipated drop using 1260 or 1204 to trigger bounce. not sure about the big wedge on usd weekly. its possible it is already in rejection progress. i will wait for 1355.. {image}
i thought 1355 or 1395.. 1352 was on the chart, but a norm at 1355 is hard to pass up. back to bed.

oh hell.. I will opt out 1355 ... pending 1395.. need some sleep
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those who can, do. those who cant, talk about those who can
  • #27,543
  • Dec 17, 2018 7:30am Dec 17, 2018 7:30am
Closed -8
  • #27,544
  • Dec 17, 2018 7:38am Dec 17, 2018 7:38am
Trump is twitting about dollar....

Donald J. Trump‏Verified account @realDonaldTrump 10m10 minutes ago
More
It is incredible that with a very strong dollar and virtually no inflation, the outside world blowing up around us, Paris is burning and China way down, the Fed is even considering yet another interest rate hike. Take the Victory!
  • #27,545
  • Dec 17, 2018 10:29am Dec 17, 2018 10:29am
Quoting Boulder
Trump is twitting about dollar.... Donald J. Trump‏Verified account @realDonaldTrump 10m10 minutes ago More It is incredible that with a very strong dollar and virtually no inflation, the outside world blowing up around us, Paris is burning and China way down, the Fed is even considering yet another interest rate hike. Take the Victory!
I left a short pending <1395>, i figure 30 pip stop is enough.. week wise >1405<area has some R 1398/1410
those who can, do. those who cant, talk about those who can
  • #27,546
  • Edited 8:34pm Dec 17, 2018 6:45pm | Edited 8:34pm
look for to long somewhere around 1331/36, and short around 1395/1403

Daily Trading Levels
Source ----------12/18/2018
RU R3 ----------1.1403
FP R3 ----------1.1395
RU R2 ----------1.1377
FP R2 ----------1.1373
RU R1 ----------1.1362
FP R1 ----------1.1359
FP PP ----------1.1336
RU S1 ----------1.1331
RU S2 ----------1.1315
FP S1 ----------1.1314
FP S2 ----------1.1300
RU S3 ----------1.1290
FP S3 ----------1.1277

instead of Swing trader levels, I will use Fibonacci PP instead
  • #27,547
  • Edited 11:26pm Dec 17, 2018 9:24pm | Edited 11:26pm
Quoting Boulder
look for to long somewhere around 1331/36, and short around 1395/1403 Daily Trading Levels Source ----------12/18/2018 RU R3 ----------1.1403 FP R3 ----------1.1395 RU R2 ----------1.1377 FP R2 ----------1.1373 RU R1 ----------1.1362 FP R1 ----------1.1359 FP PP ----------1.1336 RU S1 ----------1.1331 RU S2 ----------1.1315 FP S1 ----------1.1314 FP S2 ----------1.1300 RU S3 ----------1.1290 FP S3 ----------1.1277 instead of Swing trader levels, I will use Fibonacci...
Have a pending at
Cancelled
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A good trader follows his rules, but great trader knows when to break them
  • #27,548
  • Dec 17, 2018 10:03pm Dec 17, 2018 10:03pm
no change in yesterday's Rigid levels..
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those who can, do. those who cant, talk about those who can
  • #27,549
  • Dec 17, 2018 10:29pm Dec 17, 2018 10:29pm
Hey guys, I've put this off for too long. Help me understand some of the things going on in this thread.
It seems to me you guys are printing levels and trading as they bounce off these levels.

@gator
1)Are you using fibonacci sequences? Coz it seems like fibonacci but the numbers seem off.

2)It seems to me that you just marked 50% price points.
a)From high to low(aka strong resistance to strong support) giving you MID POINT
b)From mid point to high/low giving you S2/R2
c)From mid point to S2 giving you S1/R1

3)What time frame do you draw the levels from? Daily chart?
4)What do you consider the start and end of the day? Do you draw from asia/london/ny open?
5)Are the levels redrawn every day?

6)Can you share the custom indicator that you're using to paint the levels?

------------
@boulder
1)Seems like you are using fibonacci pivot point levels as indicated by the FP tag
2)What does the RU tag stand for?
  • #27,550
  • Dec 17, 2018 10:45pm Dec 17, 2018 10:45pm
Quoting thelws
Hey guys, I've put this off for too long. Help me understand some of the things going on in this thread. It seems to me you guys are printing levels and trading as they bounce off these levels. @gator 1)Are you using fibonacci sequences? Coz it seems like fibonacci but the numbers seem off. 2)It seems to me that you just marked 50% price points. a)From high to low(aka strong resistance to strong support) giving you MID POINT b)From mid point to high/low giving you S2/R2 c)From mid point to S2 giving you S1/R1 3)What time frame do you draw the levels...
Hi thelws,

I tried to ask the same question about a year ago, and because there's no real easy (quick) answer I did not get the response I was looking for. I totally understand why Gator/Boulder didn't have a quick answer for me -- they just told me to "keep reading."

So I did -- it will make sense to you if you just keep reading during the next few months. Slowly but surely it will make sense and you'll be able to fill in the gaps for yourself. Sorry if this isn't the answer you were looking for. Best I can do to help...
A snails pace wins the race :-)
  • #27,551
  • Dec 17, 2018 11:01pm Dec 17, 2018 11:01pm
Quoting JustPipMe
{quote} Hi thelws, I tried to ask the same question about a year ago, and because there's no real easy (quick) answer I did not get the response I was looking for. I totally understand why Gator/Boulder didn't have a quick answer for me -- they just told me to "keep reading." So I did -- it will make sense to you if you just keep reading during the next few months. Slowly but surely it will make sense and you'll be able to fill in the gaps for yourself. Sorry if this isn't the answer you were looking for. Best I can do to help... ...
I've been reading gator's posts on and off since 2010. I more or less know what is going on. I am however asking for specifics to speed up the process.
  • #27,552
  • Dec 17, 2018 11:09pm Dec 17, 2018 11:09pm
Quoting JustPipMe
{quote} Hi thelws, I tried to ask the same question about a year ago, and because there's no real easy (quick) answer I did not get the response I was looking for. I totally understand why Gator/Boulder didn't have a quick answer for me -- they just told me to "keep reading." So I did -- it will make sense to you if you just keep reading during the next few months. Slowly but surely it will make sense and you'll be able to fill in the gaps for yourself. Sorry if this isn't the answer you were looking for. Best I can do to help... ...
Inserted Video


there is a few Golden key's here. seek & u shall find
Self discipline It is a practice
  • #27,553
  • Dec 17, 2018 11:21pm Dec 17, 2018 11:21pm
Quoting thelws
Hey guys, I've put this off for too long. Help me understand some of the things going on in this thread. It seems to me you guys are printing levels and trading as they bounce off these levels. @gator 1)Are you using fibonacci sequences? Coz it seems like fibonacci but the numbers seem off. 2)It seems to me that you just marked 50% price points. a)From high to low(aka strong resistance to strong support) giving you MID POINT b)From mid point to high/low giving you S2/R2 c)From mid point to S2 giving you S1/R1 3)What time frame do you draw the levels...
no matter how you trade. look for a reason to short or long at the strong support or resistance. If you trading system agrees it may be worth a shot. Its some basic s/r.. I'm experimenting. so far my worse day was friday. It was to long 1295 area (pa went to 1268). It looks like a 30 pips stop is/was enough. other stops have been much closer. The pa usually will collapse toward the opposite S/r. Fridays would mature 139x area.. I plan to short eu there.. toward 12xx or whatever new pa shows. I will post a few other.. here is gbp
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those who can, do. those who cant, talk about those who can
  • #27,554
  • Dec 17, 2018 11:44pm Dec 17, 2018 11:44pm
1314
those who can, do. those who cant, talk about those who can
  • #27,555
  • Dec 17, 2018 11:45pm Dec 17, 2018 11:45pm
Quoting gatorinla
{quote} no matter how you trade. look for a reason to short or long at the strong support or resistance. If you trading system agrees it may be worth a shot. Its some basic s/r.. I'm experimenting. so far my worse day was friday. It was to long 1295 area (pa went to 1268). It looks like a 30 pips stop is/was enough. other stops have been much closer. The pa usually will collapse toward the opposite S/r. Fridays would mature 139x area.. I plan to short eu there.. toward 12xx or whatever new pa shows. I will post a few other.. here is gbp {image}
I look forward to your chart on EU.

As for your GBP, what you did was pick
1)1.2685 as a resistance +30 pips,
2)1.2477 as support -30 pips
to draw your STRONG SUPPORT AND STRONG RESISTANCE area.

Then the rest of the levels are based of 50%.

Did I get this right?
  • #27,556
  • Edited 3:42am Dec 18, 2018 3:21am | Edited 3:42am
Just woke up and saw a few levels printed... my long 1336 was missed by spread....just shorted 1372 to see...

Daily Trading Levels
Source ----------12/18/2018
RU R3 ----------1.1403
FP R3 ----------1.1395
RU R2 ----------1.1377
FP R2 ----------1.1373
RU R1 ----------1.1362
FP R1 ----------1.1359
FP PP ----------1.1336
RU S1 ----------1.1331
  • #27,557
  • Dec 18, 2018 3:23am Dec 18, 2018 3:23am
Quoting Boulder
Just woke up and saw a few levels printed... my long 1336 was missed by spread....just shorted 1372 to see... Daily Trading Levels Source ----------12/18/2018 RU R3 ----------1.1403 FP R3 ----------1.1395 RU R2 ----------1.1377 FP R2 ----------1.1373 RU R1 ----------1.1362 FP R1 ----------1.1359 FP PP ----------1.1336 RU S1 ----------1.1331

See what?
Fix up, trade sharp ...
  • #27,558
  • Dec 18, 2018 3:33am Dec 18, 2018 3:33am
Quoting Hickson
{quote} See what?
to see I can make 10 -20 pips for scalp...this is against H1 trend... may not work...I do have another short pending close to 1395...
  • #27,559
  • Dec 18, 2018 4:00am Dec 18, 2018 4:00am
Quoting Boulder
{quote} to see I can make 10 -20 pips for scalp...this is against H1 trend... may not work...I do have another short pending close to 1395...
In Target MPP then UP again
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A good trader follows his rules, but great trader knows when to break them
  • #27,560
  • Dec 18, 2018 4:05am Dec 18, 2018 4:05am
Quoting ill_be_back
{quote} In Target MPP then UP again {image}
Is your MPP 1346?
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