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Entry Unholy

  • #2,321
  • Edited 12:49pm Feb 7, 2019 12:29pm | Edited 12:49pm
Back above here then what opens up ,, what stopped it ,,, see where the mid point between WS1 and WS2 is lol yesterday mid and a weekly low up there ,,pretty stout res atm but haveing trouble getting half way back atm
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  • #2,322
  • Feb 7, 2019 12:31pm Feb 7, 2019 12:31pm
Quoting digger1
back above yesterdays low and todays open ,, would change things a bit for an afternoon delight trade but atm nothing has changed
Ok, let me ask it another way...im obviosuly shit at choosing entries, so what is my best starting point in this current scenario......ive got these levels now......is it (for example) if an m30 (or should it be a different time frame?) candle closes above this R line, you would look to enter a buy (s/l just below R line? Or would u wait for a pull back once it gets through the R?

same for the other way.....if an m30 candle closes below current low, only then would u look to place a sell?
  • #2,323
  • Feb 7, 2019 12:31pm Feb 7, 2019 12:31pm
if your gonna think,,,,think about what puzzle pieces or chess pieces you have ,,, dont think as in what you think the mkt is going do because you will be wrong ,,,, go by what price is telling you
  • #2,324
  • Feb 7, 2019 12:35pm Feb 7, 2019 12:35pm
Quoting Jp1
{quote} Ok, let me ask it another way...im obviosuly shit at choosing entries, so what is my best starting point in this current scenario......ive got these levels now......is it (for example) if an m30 (or should it be a different time frame?) candle closes above this R line, you would look to enter a buy (s/l just below R line? Or would u wait for a pull back once it gets through the R? same for the other way.....if an m30 candle closes below current low, only then would u look to place a sell?
I took a short from 13585 ,, took some profit with 10 ,,stp brkeve on rest ,, I will keep entering around there till I get proven wrong or bored with the eur lol,, gets above tht daily open I will have a different approach
  • #2,325
  • Feb 7, 2019 12:45pm Feb 7, 2019 12:45pm
In the mean time ,, it has been a short day and its not eod yet and it has a new low down there ,,I will sell res every time till something below is sup ,,,then same process ,, just buying support to take out next res level ,,thats trading thts it ,,thats all it is ,,, no calculating ,,formulating making awesome sounding shit up ,,the mkt gives you the levels,,, tradem ,,collect ,,rinse and repeat
  • #2,326
  • Feb 7, 2019 12:51pm Feb 7, 2019 12:51pm
Quoting digger1
In the mean time ,, it has been a short day and its not eod yet and it has a new low down there ,,I will sell res every time till something below is sup ,,,then same process ,, just buying support to take out next res level ,,thats trading thts it ,,thats all it is ,,, no calculating ,,formulating making awesome sounding shit up ,,the mkt gives you the levels tradem ,,collect ,,rinse and repeat
Makes sense when i look back with hindsight!
but say yesterday for example....there were quite a few times where the downtrend kept prodding at a level (and failed the first few times)......but if u had bought thinking support there....u would be dead, coz it eventually exploded through.....
  • #2,327
  • Edited 1:16pm Feb 7, 2019 12:55pm | Edited 1:16pm
Quoting Jp1
{quote} Makes sense when i look back with hindsight! but say yesterday for example....there were quite a few times where the downtrend kept prodding at a level (and failed the first few times)......but if u had bought thinking support there....u would be dead, coz it eventually exploded through.....
bigger charts gave us the patterns and projections down ,,sht time frame ,,sell res till levels and projections met or a level holds ,, last few days since last friday ,really, what was the 1st level to give out ,, from monday on when the 1st line in the sand gave out tht was res and it has just worked down for for 4 days now ,,
  • #2,328
  • Feb 7, 2019 12:59pm Feb 7, 2019 12:59pm
rovr,,, rollover ,,days open ,, there they are ,,think they mean any thing ?
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  • #2,329
  • Feb 7, 2019 1:02pm Feb 7, 2019 1:02pm
every day the same ,, new line asia gets their 20 25 pips ,, then frankie sends it to res london sold it off same game as going up,,, its just going down
  • #2,330
  • Feb 7, 2019 1:02pm Feb 7, 2019 1:02pm
Quoting ZenNy
{quote} ..... best was to buy at the line of the wedge.....But I bought at the break of the pause for a possible failure of it..... I am giving it enough space.....if it works (I will give it a 50% probability for a 1:2 RR) it will take a couple of days at least... done for the day. {image}
well.....I will try to get back in if I can....in the mean time I like when I make money while at sleep.....
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trading is simple but is simple is not easy.
  • #2,331
  • Feb 7, 2019 1:05pm Feb 7, 2019 1:05pm
Should say the shter time frames,,,, sell resistance whether one can see the next level or not because the chart will keep growing lol and vice versa going up ,, short time frames the bottom of chart is not the bottom and vice versa going up
  • #2,332
  • Feb 7, 2019 1:09pm Feb 7, 2019 1:09pm
Quoting ZenNy
{quote} I do not drink or smoke.....still I am more stoned then anyone else.....long 1.1333
SL to BE.....I feel there is a good chance this will go back to revisit the recent low and make a DB for a possible reversal....if it does not the better.....
trading is simple but is simple is not easy.
  • #2,333
  • Feb 7, 2019 1:38pm Feb 7, 2019 1:38pm
Quoting Jp1
{quote} Makes sense when i look back with hindsight! but say yesterday for example....there were quite a few times where the downtrend kept prodding at a level (and failed the first few times)......but if u had bought thinking support there....u would be dead, coz it eventually exploded through.....
Have to look at the clues white lines all the way down were made the day before even asia got going ,,draw your lines ,,then a big sell pattern at last weeks low yesterday ,,but this chart uo to today ,,see where last line drawn ,,all the way down one needed nothing more than a 10 pip stp for the most part no matter which true res point you chose on any day ,,look at it on cp when you get a chance ,,,,, this was up to today
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  • #2,334
  • Feb 7, 2019 1:48pm Feb 7, 2019 1:48pm
A weekly S2 area in the eur is big on its own ,, few other things there today also ,, but like every day before it this week ,,, the res level is still holding ,, may have a different approach tomorrow ,,time will tell but atm ,,nothing has changed ,,see where the day closes ,,also why ya take some profit on several and leave a few to run going with the mkt ,,your approach like many starting out is just bas akwards ,, you go underwater deeper and and deeper by fighting ,,happier than shit if ya weasel out of it for a few pips or not stung too bad ,,, just reverse and have tht money coming into acct for you,,, for YOU,,, dont use your acct for margin ,,dont fight it,,, roll with it and make YOUR acct grow
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  • #2,335
  • Feb 7, 2019 1:49pm Feb 7, 2019 1:49pm
Quoting digger1
{quote} Have to look at the clues white lines all the way down were made the day before even asia got going ,,draw your lines ,,then a big sell pattern at last weeks low yesterday ,,but this chart uo to today ,,see where last line drawn ,,all the way down one needed nothing more than a 10 pip stp for the most part no matter which true res point you chose on any day ,,look at it on cp when you get a chance ,,,,, this was up to today {image}
h

Yeh mate - see it clear as day....depressing that i miseed it all....and not only that....still sat here wih heavy losses!!

oh well - i will improve....eventually! Thanks for ur help to that cause!
  • #2,336
  • Feb 7, 2019 1:53pm Feb 7, 2019 1:53pm
Quoting Jp1
{quote}h Yeh mate - see it clear as day....depressing that i miseed it all....and not only that....still sat here wih heavy losses!! oh well - i will improve....eventually! Thanks for ur help to that cause!
Small steps ,,slowly make changes ,,get to drawing them lines ,,, wont happen over nite ,,,,but you have to start by making a few changes ,, not doing the same same ole expecting different results ,, because the results will never change unless you change a few things ,,,but then wtf do I know Im just a farmer lol
  • #2,337
  • Feb 7, 2019 2:01pm Feb 7, 2019 2:01pm
Quoting digger1
A weekly S2 area in the eur is big on its own ,, few other things there today also ,, but like every day before it this week ,,, the res level is still holding ,, may have a different approach tomorrow ,,time will tell but atm ,,nothing has changed ,,see where the day closes ,,halso why ya take some profit on several and leave a few to run going with the mkt ,,your approach like many starting out is just bas akwards ,, you go underwater deeper and and deeper by fighting ,,happier than shit if ya weasel out of it for a few pips or not stung too bad...
Tell me about it - spent all day too scared to trade eurusd (and go opposite my current posiitons), so just had to watch...and hope! joy!

did make a quick 30pips on gbpusd so every cloud!
  • #2,338
  • Feb 7, 2019 2:10pm Feb 7, 2019 2:10pm
Quoting digger1
{quote} Small steps ,,slowly make changes ,,get to drawing them lines ,,, wont happen over nite ,,,,but you have to start by making a few changes ,, not doing the same same ole expecting different results ,, because the results will never change unless you change a few things ,,,but then wtf do I know Im just a farmer lol
A farmer with 10 fx screens, a balance bigger than bill gates.....and hell, probably drink beer out of a gold tanker!!
  • #2,339
  • Feb 7, 2019 2:20pm Feb 7, 2019 2:20pm
Quoting Jp1
{quote} A farmer with 10 fx screens, a balance bigger than bill gates.....and hell, probably drink beer out of a gold tanker!!
lol,, bottles work just fine ,, or cans ha ,, Spent a lot of years getting my ass kicked like everyone does ,,, slow learner but when it finally hits you,,,hey dumbass ,, you are getting your ass kicked the exact same way every fucking time ,,how many more times is it gonna take ,,, then one starts making some changes lol ,,mkt gives me a good nut shot now and then used to be worse because I didnt use tight stps ,,it will do that and keep ya humble ,, but one can always go back and see where the mistake was made lol
  • #2,340
  • Feb 7, 2019 2:32pm Feb 7, 2019 2:32pm
Atm ,, we know what the levels are too the left ,, ones Ill be watching depending on where the new line in the sand is drawn are these marked ,,lets see how asia gets their 20 25 pips ,,dukes up traders
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