I'm in this trade already. Will exit at the trendline, then re-enter higher and target the weekly pivot.
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Keeping it Simple
- #1,641
- Dec 21, 2006 1:34am Dec 21, 2006 1:34am
- Joined Aug 2005 | Status: Novice | 1,017 Posts
Keeping it Simple
- #1,645
- Dec 21, 2006 2:18am Dec 21, 2006 2:18am
- Joined Aug 2005 | Status: Novice | 1,017 Posts
Keeping it Simple
- #1,649
- Dec 21, 2006 2:32am Dec 21, 2006 2:32am
- Joined Aug 2005 | Status: Novice | 1,017 Posts
Keeping it Simple
- #1,650
- Dec 21, 2006 2:35am Dec 21, 2006 2:35am
- Joined Aug 2005 | Status: Novice | 1,017 Posts
i think this thing has juice up, but I am getting too many conflicting signs for me to get back in one way or the other. I may have closed my long early but rather safe then sorry. I am going to bed now will trade the american session
good luck all
habeeb go easy on the medicine :-D
Can't seem to get rid of this cough. Hey Bundy, what worked for you?
I think I'm gonna breakfast now.
SweetDream$$$
Keeping it Simple
- #1,651
- Dec 21, 2006 2:57am Dec 21, 2006 2:57am
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
Can't seem to get rid of this cough. Hey Bundy, what worked for you?
I think I'm gonna breakfast now.
SweetDream$$$
What'd I do? ....LOL... waited it out.
....bloody thing. Tried a few different mixtures. ....constant sucking on caugh drops / butter menthols was all I could do.Sticking to the 4-hr chart for this pin trade. Anything lower is scary!
Bundy's status today: "Waiting..."
- #1,653
- Dec 21, 2006 3:26am Dec 21, 2006 3:26am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Speaking of 4h, I am watching to see if EJ will follow GJ suit.
GJ pins seem to work like this: make the PB, make an IB the next day, break both to confirm reversal....I for one have placed orders under the pin, eve n though it's pretty hard to guess where the real break is and how much is just the insanely large spread alone
Cable just did a 15m pin into the 1.9700-1.9720 zone I mentioned, will now watch to see if 1H / 4h confirms it. Pivot and all them EMAs is in the way though...
Also watching USDJPY with the crosses and cable, one of the two has to win out....dollar or yen....
For the cough - drink honey, it's antiseptic and helps the throat, gargle with saltwater, similiar effect. That combats the throat area, for the bronchial/lung area, try inhaling...I forgot which scent/spice/weed works for that, but I bet Accrete could help there
Other than that - apples, bananas, anything with lots and lots of Vitamins!
Oh and if you want to put the honey into hot milk, make sure it isn't hotter than 30C when you do else it destroys too much of the "good stuff" =)
GJ pins seem to work like this: make the PB, make an IB the next day, break both to confirm reversal....I for one have placed orders under the pin, eve n though it's pretty hard to guess where the real break is and how much is just the insanely large spread alone
Cable just did a 15m pin into the 1.9700-1.9720 zone I mentioned, will now watch to see if 1H / 4h confirms it. Pivot and all them EMAs is in the way though...
Also watching USDJPY with the crosses and cable, one of the two has to win out....dollar or yen....
For the cough - drink honey, it's antiseptic and helps the throat, gargle with saltwater, similiar effect. That combats the throat area, for the bronchial/lung area, try inhaling...I forgot which scent/spice/weed works for that, but I bet Accrete could help there
Other than that - apples, bananas, anything with lots and lots of Vitamins!
Oh and if you want to put the honey into hot milk, make sure it isn't hotter than 30C when you do else it destroys too much of the "good stuff" =)
Trust price. Know yourself.
- #1,654
- Dec 21, 2006 3:35am Dec 21, 2006 3:35am
- Joined Aug 2005 | Status: Novice | 1,017 Posts
For the cough - drink honey, it's antiseptic and helps the throat, gargle with saltwater, similiar effect. That combats the throat area, for the bronchial/lung area, try inhaling...I forgot which scent/spice/weed works for that, but I bet Accrete could help there
Other than that - apples, bananas, anything with lots and lots of Vitamins!
Oh and if you want to put the honey into hot milk, make sure it isn't hotter than 30C when you do else it destroys too much of the "good stuff" =)
I don't like honey (although I know it's good for you), and I completely forgot about the saltwater gargling. Thanx again
I see you've removed the pivots and EMAs from your chart, now they're out of the way
Keeping it Simple
- #1,655
- Dec 21, 2006 3:46am Dec 21, 2006 3:46am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Hehe, no prob.
I'm afraid those charts are just for illustration, the stuff I have is still cluttered
Just wanted to share another observation since Bundyraider (Bunnyraider really WOULD be funnier, although I doubt Hugh Hefner would appreciate it as much *wink*) mentioned retrace on Pin.
I think the area between the 61.8% and 78.6% is usually where things stall if you get a "deep" retrace and that usually gets you the smallest possible stop, even if the pin doesn't activate. If only 1 out of 3 work you would still end up even compared to the pin break entry as the saved pips and more pips made if it does work evens out I would hazard. This is just guessing however.
Attaching a chart to show the area, this occured quite a few times now.
I'm afraid those charts are just for illustration, the stuff I have is still cluttered
Just wanted to share another observation since Bundyraider (Bunnyraider really WOULD be funnier, although I doubt Hugh Hefner would appreciate it as much *wink*) mentioned retrace on Pin.
I think the area between the 61.8% and 78.6% is usually where things stall if you get a "deep" retrace and that usually gets you the smallest possible stop, even if the pin doesn't activate. If only 1 out of 3 work you would still end up even compared to the pin break entry as the saved pips and more pips made if it does work evens out I would hazard. This is just guessing however.
Attaching a chart to show the area, this occured quite a few times now.
Trust price. Know yourself.
- #1,656
- Dec 21, 2006 4:03am Dec 21, 2006 4:03am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Holy moly, GJ just dropped down 90 pips from that retrace entry and also went under the pin in a snap.....and look at EJ 
.....omg
Did you get in Bundy? (Hey, this also reminds me of Al...)
.....omgDid you get in Bundy? (Hey, this also reminds me of Al...)
Trust price. Know yourself.
- #1,657
- Dec 21, 2006 4:11am Dec 21, 2006 4:11am
- Joined Aug 2005 | Status: Novice | 1,017 Posts
Holy moly, GJ just dropped down 90 pips from that retrace entry and also went under the pin in a snap.....and look at EJ
Did you get in Bundy? (Hey, this also reminds me of Al...)
Keeping it Simple
- #1,658
- Dec 21, 2006 4:41am Dec 21, 2006 4:41am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
I was starting to get a bit worried 'cos cable wasn't moving, but eventually did. You guys enjoy the "funny pairs". I'm with Mike on the cable short.
But already scared of those nasty support lines etc
Trust price. Know yourself.
- #1,660
- Dec 21, 2006 4:55am Dec 21, 2006 4:55am
Hi all
I thought i would just come on and say what a geat, informative thread this is. I have re-read the whole thing a few times and each go I pick up a few more things to look out for when looking a price action, resis & supp & fibo etc in the Forex world and even looking at indices and Gold.
James16 thanks for passing down the knowledge you have acquired over the years. Hopefully when i have a bit more funds i will sign up for your private forum (a PhD studentship doesnt allow much lew-way for extra curricular spending!!! The beers & JD are still priority)
I also would like to thank mbqb11, habeeb and seeking light for putting up charts and explaining decisions on when to make a trade or exit. When you actually see why you are making such a decision it is a great help.
Happy xmas and have a great start to 2007
HoZe
I thought i would just come on and say what a geat, informative thread this is. I have re-read the whole thing a few times and each go I pick up a few more things to look out for when looking a price action, resis & supp & fibo etc in the Forex world and even looking at indices and Gold.
James16 thanks for passing down the knowledge you have acquired over the years. Hopefully when i have a bit more funds i will sign up for your private forum (a PhD studentship doesnt allow much lew-way for extra curricular spending!!! The beers & JD are still priority
)I also would like to thank mbqb11, habeeb and seeking light for putting up charts and explaining decisions on when to make a trade or exit. When you actually see why you are making such a decision it is a great help.
Happy xmas and have a great start to 2007
HoZe