DislikedPrice DOES go in any direction, even if trending nicely. It has its own squiggly way to move from one point to another, and as soon that point has been reached, it comes back again zigzagging to a lower point than the start if it's trending down, or a higher low if it intends to keep on rising. Or the inverse sometimes.
If you watch shorter timeframes, you can see that there's a decision being made almost every 10-15 pips, do we go up, let's try lower again, etc.
Support and resistances are being broken, then tested, and retested, and maybe re-broken...Ignored
- #6,404
- Feb 19, 2009 9:54pm Feb 19, 2009 9:54pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
- #6,405
- Feb 19, 2009 9:57pm Feb 19, 2009 9:57pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
BTW: Where's Gofer Pips?
- #6,406
- Feb 19, 2009 9:58pm Feb 19, 2009 9:58pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
Not sure (anyone that say they are is a fool) If it keeps doing nothing I'm out.
BTW how do you have different prices on the MMPrice indicator and chart?
- #6,408
- Feb 19, 2009 10:20pm Feb 19, 2009 10:20pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
1.2600 is too near and tempting to be left out as a retest... maybe.
BTW how do you have different prices on the MMPrice indicator and chart?
- #6,409
- Feb 19, 2009 10:27pm Feb 19, 2009 10:27pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
When I loaded the template it had that price? It stays there?
- #6,410
- Edited 10:46pm Feb 19, 2009 10:33pm | Edited 10:46pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
If the indicator is not loaded, you can simply delete the label... unless it's a goal?
Edit: I bailed out at 1.26 and am going to go cry myself to sleep over the last 20 pips I missed TP was 1.2580--I'd love to be long now but it's passed bedtime
- #6,411
- Feb 19, 2009 10:50pm Feb 19, 2009 10:50pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
- #6,416
- Feb 20, 2009 4:34am Feb 20, 2009 4:34am
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
THV3 MMPrice should be.
Have a nice rest!
I was a little dingy last night
Friday and I have a day job, so I'm not likely to take any position today. Ya'll go kill-um
- #6,417
- Feb 20, 2009 4:41am Feb 20, 2009 4:41am
...but short is here against the entry rules of THV system!?
1.) Divergence
2.) Trix Cross...
The 15 min divergence gave me an idea that I could expect may more than 8 or 10 pips...I closed 1/2 position at 17 pips.
The 5 min chart I posted only confirmed the move downwards...
What are your thoughts?
Also, Doblece had made a comment earlier that PA was too close to 1.2600 not to try and retest...I was hoping for a break of 1.26000....
May or may not get it...
ADD: I guess that support was pretty strong
Deprive a man of everything and you give him nothing to lose.
Why is against the rules...here is the 1 min Entry. The only thing I did not follow was the Coral direction. Everything else matched up.
1.) Divergence
2.) Trix Cross...
The 15 min divergence gave me an idea that I could expect may more than 8 or 10 pips...I closed 1/2 position at 17 pips.
The 5 min chart I posted only confirmed the move downwards...
What are your thoughts?
Also, Doblece had made a comment earlier that PA was too close to 1.2600 not to try and retest...I was hoping for a break of 1.26000....
May or may not get it...
Attachment
ADD:...
I am sorry, but i am new with this system - #6,420
- Feb 20, 2009 6:00am Feb 20, 2009 6:00am
- Joined Feb 2009 | Status: Trader | 1,292 Posts
Trading methods are designed to put the odds in our favor, not predicting.