General Trading Chat / Ideas

Quoting Capitalone1

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{quote} That is exactly what news does to our trading it can power the engine to run faster but it is not the steering or the wheel, news can be considered at some degree but not to make your decision based on the news out come because at the end of the day price will do what it want to do regardless of the news out come. I have said this number of times but only to get laughed, but is all good as long as i make a lot of money week after week that good to be man alone.

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Quoting digger1

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{quote} Hope all have been doing well ,, Oc6 ,, bound to be some resistance the 2 nd time around ,, fact remains tho the main pattern has been played and it went to its projection ,, now its above some shit lol,,, it isint being sold ,,its being bought ,, cant even get an hourly close below an m15 200 ,, its working on breaking above the neck line ,, ,,in the back and forth chess match during the day yea there is some sell patterns ,, gonna take a lot of them hourly ones to turn the tide ,, as long as above some shit they will keep getting chewed...

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Quoting Oc6oph

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{quote} I believe it was stop run on NZDUSD I got out of EURUSD just a bit ago it might go much higher so got out early went long NZDUSD at .64437 again

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Quoting digger1

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{quote} With low taken out on nzd ,, much better odds now ,, as far as wht ya believe ,, think there was some crab or cypher pattern ya was believing before ,, in the end it came down to a previous low or just beyond ,, as it always does ,, or high if going the other way ,, tht is the what we know for sure now ,, as far as the ole 8 hour ,, as always tht last little blip was a dandy ,,, now the retest of the signal line with quite the divergence ,, now it may get worked above some shit lol {image}

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Quoting Oc6oph

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{quote} Cypher but looks like a stop run to me I think I might have made mistake closing EU shorts we’ll see I guess lost a lot of money today my ears have been ringing all day from it

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Quoting digger1

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{quote} I hear ya ,, it sux man ,, as far as nzd ,, I try to look at other nzd pairs ,, the eurnzd yeilds way mor pips ,, and as far as the 8 hour stochs well much better area for shts ,, as far as what goes on in eurusd ,, sure some bleed over but its not comparing apples to apples when looking at nzd ,, 400 odd pips on nzd usd ,, 1000 some on eur nzd ,, same set ups ,,all depends on which half of the pair is driving and look there is tht previous high tht got ripped thru {image}

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Quoting digger1

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eur usd ,, up against an obvious res point ,,, tht is the draw ,, 4 hour 200 rough monthly average price ,, it is back above neckline ,, bears are trying but they aint gaining much yet ,, those are probing spikes for higher ,, chess match area ,, nobody kinged yet {image}

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Quoting digger1

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intra day ,, bulls working on nullifying tht pattern and they pretty much have ,, where things are positioned I wouldnt be holding no shts looking for a big trip down as of yet ,, nothing in the right spot,, monthly average price just the next one on the list to get above and hold,, may take a bit of a chess match {image}

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Quoting digger1

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even a lame ass 4 hour chart says one shouldnt be in love with the downside atm ,, as stated ,, nothing in the right spot ,, whats the next level above ? what pieces do I have to get where ? it isint support getting worked over currently ,,its resistance getting poked and prodded {image}

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Quoting Oc6oph

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{quote} Whys H4 lame

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Quoting digger1

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{quote} Everybody concerned with daily chart correct ? who the fuck splits something up by six to keep track of it ,, its always halfs ,, 3rds or quarters ,, its a stupid ass way to do it ,, makes one always see shit tht aint there ,,just my opinion of course ,,, theory behid it is simple ,, 14400 seconds in a way a supposed version of a day,,1440 minutes ,,its still fucking stupid lol,, just my opinion ,, you doing something on a spike on a four hour chart it is never the whole story

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Quoting fxlooser

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following this, I found a potential sell entry yesterday and today once again. Hope price will come back down soon. What is your idea? {image}

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