12,26,9
- #1,062
- Oct 28, 2007 9:17am Oct 28, 2007 9:17am
just want to say thanks for the great analysis, i have been following for analysis very closely for past few weeks and it has helped me a lot to improve my trading skills. keep it up guys and wish u all the pips. god bless u.
regards
regards
-- 200ema/50ema still acting as R--a close above that could send it to its targets mentioned above
-- we are still below 100sma
--so we are still below 100sma,200ema,50ema 4hr--i consider this a bearish 4hr trend
--watch out for a close above 50ema/200ema to tgt 100sma as an intraday trade as long as good MM used and i SEE this as a high possibility to occur.
if we get a close below MP and that 38.2% fib (231.45)--then forget it--very unlikely !
--we are still below MACD zero line
--QQE 60 crossed/uncrosed--unclear
--QQE 5 crossed UP and above zeroline
not much else to say !!
bias for nxt week is bearish considering larger TF's although the picture is NOT CLEAR
the few possibilties--ive already explained.
we might even range this week probably upto 100sma 4hr first and then to MP and lower to 38.2% fib
OR
this 50ema/200ema 4hr holds its guard and the journey SOUTH continues.
--watch those TL's
till the new week-- enjoy life 
[/quote]
- #1,063
- Oct 28, 2007 10:40am Oct 28, 2007 10:40am
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
- #1,075
- Oct 28, 2007 8:14pm Oct 28, 2007 8:14pm
- | Commercial User | Joined Jun 2007 | 3,549 Posts
hi Hm
congrtes on the 1000 pages, but like wow, i take a week off and come back to this, your thread hsa rocketed. my last post was 344 and now were at 1063 in just over a week.
read through it and will update my first post with the lessons, can you PM me when ever you post the lesson of the week so i can keep it up to date, your pages are moving so fast - perhaps it's time to add a system page so you don't keep getting the But But but questions repeating themselves.
just thought i would add this for the newbies.
when you start out stop thinking about the money and think about the %, plan the trade and trade the plan - stick to it or you will soon lose it all.
10% a month may not seem like a lot when it's against $1000, but your account will grow steady and strong and then 10% of $100,000 makes your day.
to thoughs with confidence issues and chasing bigger pip profits - paper trade - take small trades and sensible TP, if you feel that it's going to move further write it down and see how you might have done if the trade was left open, be honest - did it make it or would you have lost.
MPP
hi Bro---good to see u back again buddy--how u been?
please feel free to add some MM rules for the tradrs in here as a guide in a nice separate post.
i do a weekly analysis every weekend and its posted b4 your post.
other small tit bits are thruout my posts during the week
time is a bit of a constraint to me--so another thread is out of the question
im managing this one ok so far--so we'll see how it goes
good to have u back
HM
- #1,076
- Oct 28, 2007 8:16pm Oct 28, 2007 8:16pm
- | Commercial User | Joined Jun 2007 | 3,549 Posts
Patience HK, direction is fine, you just entered bit too early
u could be right !--but ive got rules i follow and i had to exit--no discretion--thats how ive been profitable so far.
if i get a long signal again--ill enter--but atm--im on sidelines