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General Trading Chat / Ideas

  • #8,581
  • Sep 17, 2019 12:22pm Sep 17, 2019 12:22pm
Quoting Oc6oph
{quote} I’m going to try to short at this trendline but it might go higher or not get there {image}
Im holding my long, not clear if it's breaking or bouncing through weekly open. If it folds, ill chase till resistance, if holds, will join you all the way down. What's your target?
Only an idiot knows with certainty to where the market is going.
  • #8,582
  • Sep 17, 2019 12:25pm Sep 17, 2019 12:25pm
Quoting MrBullBear
{quote} Im holding my long, not clear if it's breaking or bouncing through weekly open. If it folds, ill chase till resistance, if holds, will join you all the way down. What's your target?
ya have a couple projections ,, was wht I was getting at ,, what are they ?
  • #8,583
  • Sep 17, 2019 12:26pm Sep 17, 2019 12:26pm
Quoting digger1
{quote} wp was an area to becareful of ,, not necessarily close out ,, remeber what we were kind of looking for with the pattern ,, now its back to weekly open ,, and yes best part of day is bout over with ,,, ,,where are you looking to get too if it clears the weekly open ? {image}
What do you mean weekly pivot not necessarily close out? How will we determine if one is completely close out or not? My knowledge doesn't reach that level yet. Haha.
Only an idiot knows with certainty to where the market is going.
  • #8,584
  • Sep 17, 2019 12:35pm Sep 17, 2019 12:35pm
Quoting digger1
{quote} ya have a couple projections ,, was wht I was getting at ,, what are they ?
Todays low is 1.099x and highs 1.107× around 80pips, mid range somewhere 1.1035. We are currently at days highs but im holding coz it may pass weekly open but with tight stop loss. But waiting also to see if goes back to lows or support. Am i thinking right? What should i look?
Only an idiot knows with certainty to where the market is going.
  • #8,585
  • Sep 17, 2019 12:37pm Sep 17, 2019 12:37pm
Quoting MrBullBear
{quote} What do you mean weekly pivot not necessarily close out? How will we determine if one is completely close out or not? My knowledge doesn't reach that level yet. Haha.
well you know its a tgt ,, doesent mean its the last tgt ,, ,, just an area to be aware off ,, 3 weeks now with the weekly pivot with in 20 30 pips of each other should peek your interest just a little ,, ya have a pattern ,,, where does it go if neck line gives out ?
Attached Image (click to enlarge)
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  • #8,586
  • Sep 17, 2019 12:43pm Sep 17, 2019 12:43pm
Quoting digger1
{quote} well you know its a tgt ,, doesent mean its the last tgt ,, ,, just an area to be aware off ,, 3 weeks now with the weekly pivot with in 20 30 pips of each other should peek your interest just a little ,, ya have a pattern ,,, where does it go if neck line gives out ?{image}
Have to admit, eur and gbp look in nice areas to short, there at good levels in both....havent been trading them, but have had a swing!
  • #8,587
  • Sep 17, 2019 12:43pm Sep 17, 2019 12:43pm
you have the 4 hour 200 to deal with ,,, its poked it once ,, right back here again ,, the projections puts it above it ,, will be a scruff at it no doubt ,, few pips to get to it yet but atm all the makings of it being poked again
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  • #8,588
  • Sep 17, 2019 12:47pm Sep 17, 2019 12:47pm
Quoting digger1
{quote} well you know its a tgt ,, doesent mean its the last tgt ,, ,, just an area to be aware off ,, 3 weeks now with the weekly pivot with in 20 30 pips of each other should peek your interest just a little ,, ya have a pattern ,,, where does it go if neck line gives out ?{image}
Honestly, i really don't know. All i see is, it goes up and down few pips off pivots. I don't know what to look.
Only an idiot knows with certainty to where the market is going.
  • #8,589
  • Sep 17, 2019 12:52pm Sep 17, 2019 12:52pm
Quoting MrBullBear
{quote} Honestly, i really don't know. All i see is, it goes up and down few pips off pivots. I don't know what to look.
what do you see here ?
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  • #8,590
  • Sep 17, 2019 12:55pm Sep 17, 2019 12:55pm
put a high a low a mid point to it ,,,, where is your weekly pivot relative to this ,,
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  • #8,591
  • Sep 17, 2019 12:59pm Sep 17, 2019 12:59pm
Quoting digger1
{quote} what do you see here ?{image}
A slow uptrend perfect for scalping only.
Only an idiot knows with certainty to where the market is going.
  • #8,592
  • Sep 17, 2019 1:01pm Sep 17, 2019 1:01pm
this is the trade i posted before beditime
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people leave, but this thread will go on for ever
  • #8,593
  • Sep 17, 2019 1:01pm Sep 17, 2019 1:01pm
tht pattern gives ya a sht shoulder and a long shoulder ,, where do they go to if neck line breaks
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  • #8,594
  • Sep 17, 2019 1:01pm Sep 17, 2019 1:01pm
morning all and good evening to some
people leave, but this thread will go on for ever
  • #8,595
  • Sep 17, 2019 1:02pm Sep 17, 2019 1:02pm
Quoting digger1
put a high a low a mid point to it ,,,, where is your weekly pivot relative to this ,, {image}
Ahh, so the midpoint (weekly pivot) is still a chess match. (Point of uncertainty) did i get it right?
Only an idiot knows with certainty to where the market is going.
  • #8,596
  • Sep 17, 2019 1:03pm Sep 17, 2019 1:03pm
when do you suppose the chess match to get it there or keep it from getting there takes place ,, as far as today the best part of tht is over ,, the game is slowing down
  • #8,597
  • Sep 17, 2019 1:03pm Sep 17, 2019 1:03pm
Digger have you seen where the 1272 is if you take the bodys on monthly left
Turn your wounds into wisdom
  • #8,598
  • Sep 17, 2019 1:03pm Sep 17, 2019 1:03pm
on gold
Turn your wounds into wisdom
  • #8,599
  • Sep 17, 2019 1:04pm Sep 17, 2019 1:04pm
Quoting MrBullBear
{quote} Ahh, so the midpoint (weekly pivot) is still a chess match. (Point of uncertainty) did i get it right?
not very many weeks goes by with out it playing a part or being used and if is missed ,, draw a line ,, it will get used
  • #8,600
  • Sep 17, 2019 1:06pm Sep 17, 2019 1:06pm
Quoting digger1
when do you suppose the chess match to get it there or keep it from getting there takes place ,, as far as today the best part of tht is over ,, the game is slowing down
From the weekly open?
Only an idiot knows with certainty to where the market is going.
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