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Entry Unholy

  • #6,881
  • Edited 8:50am Apr 26, 2019 8:40am | Edited 8:50am
Quoting Rrrracer
Had a chance to peek at the charts this morning, interesting situation in the GBP... we're under the weekly/monthly averages, but stochs have flipped on all HTF charts except the daily... Edit: I'm short from the top of the spike/MM but with the situation being what it is, will look to take profits soon until some clear direction shakes loose.
I played it the other way ,, had some shorts from top of range tgting days open ,, but long from near yesterdays low ,, see if it cant get a push above this weekly level and get up there to quarterly pivot area ,,, stps in the money now ,, see what happens by days end ,if they go they go if not no biggie ,, its friday anyway , Eur similar and uscad same just upside down ,, ,,like clock work
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  • #6,882
  • Apr 26, 2019 8:52am Apr 26, 2019 8:52am
As usual ,,no break no shake ,, have to see what catches them the other way
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  • #6,883
  • Apr 26, 2019 8:55am Apr 26, 2019 8:55am
You got it right buddy, I would have done the same except I was busy staring at the back of my eyelids lol. I just took a quick scalp from the top lol... yesterday's high gave up the ghost so now I'm just sitting on my hands waiting to see what happens next...

So in situations like these, where we are under some shit but stochs have flipped.. what's your gameplan involve? Do HTF stochs trump our averages?
  • #6,884
  • Apr 26, 2019 8:56am Apr 26, 2019 8:56am
Ah may as well throw gold in there too ,,, same ole same ole
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  • #6,885
  • Apr 26, 2019 8:58am Apr 26, 2019 8:58am
Quoting digger1
As usual ,,no break no shake ,, have to see what catches them the other way {image}{image}
Got a couple of longs on eur - shall i hold them? Neevous about this being dumped again!
  • #6,886
  • Apr 26, 2019 9:04am Apr 26, 2019 9:04am
Quoting Jp1
{quote} Got a couple of longs on eur - shall i hold them? Neevous about this being dumped again!
Trail a stp ,, mine will be closed by days end no matter what should be good back to 1175 ,, thts the last quarters low ,, tht will be the the 1st area it starts getting whacked at
  • #6,887
  • Apr 26, 2019 9:08am Apr 26, 2019 9:08am
Quoting Rrrracer
You got it right buddy, I would have done the same except I was busy staring at the back of my eyelids lol. I just took a quick scalp from the top lol... yesterday's high gave up the ghost so now I'm just sitting on my hands waiting to see what happens next... So in situations like these, where we are under some shit but stochs have flipped.. what's your gameplan involve? Do HTF stochs trump our averages?
Have to watch the res areas ,, clean chart you will see them ,, long as it stays crossed it will keep working up ,,that where the shorter averages come into play lol,, m15 200 ,, 0r 50 on an hourly etc ,, thts where the follow thru will come in for the most part ,, if ? when it gets worked firmily above it
  • #6,888
  • Apr 26, 2019 9:21am Apr 26, 2019 9:21am
Quoting Rrrracer
You got it right buddy, I would have done the same except I was busy staring at the back of my eyelids lol. I just took a quick scalp from the top lol... yesterday's high gave up the ghost so now I'm just sitting on my hands waiting to see what happens next... So in situations like these, where we are under some shit but stochs have flipped.. what's your gameplan involve? Do HTF stochs trump our averages?
all those things are just tools man ,, need to kinda see the bigger picture too ,, when projections are met ,, profit is taken ,, ,,m15 with a 200 ema and a 216 weighte ,, all tht shit I repeat over and over lol,, all just pieces ,, the little list of givens ,, eod which session ,,what did london do ,, which way is the mkt really going ,its always the shoulders lol, what is there for patterns and of course some good quarterly levels ,, same ole same ole ,,,,shit aint gonna all of a sudden change how it does things ,, and even it does ,, you milk what works till it dosent ,and you will be in the right way any way ,,take the ride ,,collect, rinse, repeat ,
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  • #6,889
  • Apr 26, 2019 9:25am Apr 26, 2019 9:25am
Quite a coincidence all this shit hits at the same in something tht is random and total chaos isint it ,,,, the ole coin flip and its random my ass,,,, actually quite orderly when all said and done and shit will happen in mkt time plain and simple
  • #6,890
  • Apr 26, 2019 9:38am Apr 26, 2019 9:38am
Quoting digger1
Quite a coincidence all this shit hits at the same in something tht is random and total chaos isint it ,,,, the ole coin flip and its random my ass,,,, actually quite orderly when all said and done and shit will happen in mkt time plain and simple
man, i wish i could see things like you..........still a blurry mess to me!
  • #6,891
  • Apr 26, 2019 9:48am Apr 26, 2019 9:48am
Quoting Jp1
{quote} man, i wish i could see things like you..........still a blurry mess to me!
Lol,, I was born at nite ,, but not last nite ,, ,, quite a few years spent watching these things play out ,,,,course after dropping most of the normal bullshit trading jargon lol,, some of the simplest shit tht will make you a few shekels hasent changed ,,,,same ole same ole ,, a level and a reason to buy it or sell it ,,,the ole 70 30 ranging and trending ,, figure tht out from a quarterly down to a weekly down to a daily treat everything like tht ,, look how short the trip is across a days range most days time wise ,, then a week same thing ,, then into a quarterly ,, 3 days of shit for 1 and a half to maybe two a week of good moves ,, works like tht across the board ,dont fight it ,,find a way to roll with it ,, just a lot of little shit tht adds up when you figure out a way to put them together tht works for you .
  • #6,892
  • Apr 26, 2019 10:14am Apr 26, 2019 10:14am
the eur ,, hourly with a m15 200 and a m30 200 which is close to the weekly average ,, shits pretty measured ,, took the weekly low out after hitting last weeks high ,,take a little time and look at a clear chart here and there ,, and of course the daily chart swing highs and lows ,, along with the quarterly numbers you will see some shit ,, ,, ya know tht previous high and low thing yada yada ,,above some shit,, below some shit ,,does a level hold or fold ,, usually known after it goes trhu a level then its if it holds or not ,, thts why its always the un glamorous shoulder levels ,,never the exact high or low ,,the work is done in the trenches ,, a little practice you will start catching some very near highs and lows ,,but the money is made in the trenches ,, same ole same ole
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  • #6,893
  • Apr 26, 2019 10:16am Apr 26, 2019 10:16am
LOL for me it doesn't look like total chaos anymore for sure, everything makes sense in hindsight, just gotta work out that foresight muscle and gain enough experience to anticipate what is more likely than not.
  • #6,894
  • Apr 26, 2019 10:20am Apr 26, 2019 10:20am
Quoting Rrrracer
LOL for me it doesn't look like total chaos anymore for sure, everything makes sense in hindsight, just gotta work out that foresight muscle and gain enough experience to anticipate what is more likely than not.
Yeh same here mate - in hindsight i see everything on digs charts and on my own now.....just never have confidence when pushing that BUTTON!!!
  • #6,895
  • Apr 26, 2019 10:25am Apr 26, 2019 10:25am
2 weeks up then what happens ,, 2 weeks down ,, then what happens ,, mkt still working down no doubht ,, may pick up steam ,, may not ,,who knows ,, been doing this shit for a year now ,, till it stops it is what it is ,,if it does tgts below all mapped out from projections from the top at 1.25 ,, not easy but not the science its made out to be ,, just support and res and the chess match ,,it is played the way the powers tht be want to play it ,,,, roll with it ,, collect ,, rinse ,, repeat the mkt gives you the levels aint much to calculate or formulate lol
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  • #6,896
  • Apr 26, 2019 10:32am Apr 26, 2019 10:32am
just the standard pivots on this ,,just to make clear ,,weekly cams give ya a little more precise tgts but this could be tht flag pole ,, see what holds or folds as next week gets going and what level a projection may line up with ,,dont need to guess at it ,,,patterns will get you close and there will be a level tht sticks out like a sore thumb ,,then its a matter of playing the spike highs or lows as those stchs cross,,,, ,,but thts all next weeks shit ,, lol,, raining,, beers cold ,, been a good week ,,today put the icing on it .
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  • #6,897
  • Apr 26, 2019 10:39am Apr 26, 2019 10:39am
The 1st thing it will try and do is take this weeks fifty level out ,, there will be spikes down ,, but if it gets worked above them averages and the stochs cross ,, what do you think will happen ,,who knows if it will pull it off but those are the 1st pieces for next week ,,,,
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  • #6,898
  • Apr 26, 2019 10:53am Apr 26, 2019 10:53am
With what is there so far what could be possible if it stys above those averages ,, it will get whacked a few times but just rough playing around ,, hmmm ,, there is those unglamourus shoulders again ,, what else is around there ,, cams typical to hit a 3 level and go back to what ,, the 1st line in the sand , whats around tht shoulder level ,, , so one has already got a few pieces ,, one can watch as they play out ,, or it stys below and it it heads to the tgts below ,, see what next week brings ,, the ones tht are dropping ,, the uscad ,,usjpy etc ,, ya do the same shit only upside down , and tht is what week ends are for lol,
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  • #6,899
  • Apr 26, 2019 11:04am Apr 26, 2019 11:04am
And on the 1st tick of the mkt Sunday one will have what ,, tht 1st line in the sand for the week and all this shit starts again lol
  • #6,900
  • Apr 26, 2019 11:06am Apr 26, 2019 11:06am
Quoting digger1
And on the 1st tick of the mkt Sunday one will have what ,, tht 1st line in the sand for the week and all this shit starts again lol
open that beer and keep em coming mate....i can read this shit all day long!
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