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  • #521
  • Mar 16, 2009 9:15pm Mar 16, 2009 9:15pm
Quoting strat
Seems like you have the same verbose problem as me Wheelz but welcome anyway!

My charts are 00:00 EST (New York)

Rock n Roll,
Strat
I'm still confused how to set up my closing time to match yours. Sorry to camp on this issue but I think it is important.

Today you had the daily summary posted several hours before 00:00 EST.

What time EST is it when your daily candle closes?

Thanks, Wheelz
  • #522
  • Mar 16, 2009 9:47pm Mar 16, 2009 9:47pm
Hey Baba G
I like your CADJPY for a long because it looks like it is breaking through the BOSS too (the weekly20ema) and not much of a stop required (the other end of the candle the other side of the BOSS 20)

Nicola

PS Still long GBPJPY too, my target is 141.50
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy daily.gif Size: 17 KB
  • #523
  • Mar 16, 2009 10:53pm Mar 16, 2009 10:53pm
Back to E/J

Long @ 127.70, SL=200
There's a POT of GOLD at the END of the RAINBOW!!
  • #524
  • Mar 16, 2009 11:03pm Mar 16, 2009 11:03pm
Haribon, sorry for being rude, but what is your purpose behind posting these trade entries and exits? Are you trying to gain recognition when your trades workout, because you don't ever post any reasoning behind your moves. You posting your own personal trading activity on someone else's thread is pointless, especially when we don't have a clue why you did what you did.
Bang.
  • #525
  • Mar 16, 2009 11:13pm Mar 16, 2009 11:13pm
ohhh, sorry for that... i was clue less

i think i had missed somewhere here that i need to be posting the reason of my entry/exit.. but if needed be, sure do i will

yeah, i think i should make my own journal instead to record my trades.

no offense meant, cheers
There's a POT of GOLD at the END of the RAINBOW!!
  • #526
  • Mar 16, 2009 11:20pm Mar 16, 2009 11:20pm
My Trade Entry Signals:

G/J, is riding above EMA20 & SMA50 divergence, with both indicating gap's tightening towards EMA100(daily).... thats bullish for me!

E/J, is already riding above EMA100(daily), possible divergence for all three pointing upwards.... very bullish fo me!

Resistance are lurking above, but i think they will be taken out any time soon

G/J resistance @ 141.70, third assault coming on...
E/J resistance almost collapsing...

there you go
There's a POT of GOLD at the END of the RAINBOW!!
  • #527
  • Mar 17, 2009 12:27am Mar 17, 2009 12:27am
Thanks haribon.

Don't underestimate that resistance around 140ish. Its a big psycho.
Bang.
  • #528
  • Mar 17, 2009 1:17am Mar 17, 2009 1:17am
NOTED.

Thanks
There's a POT of GOLD at the END of the RAINBOW!!
  • #529
  • Mar 17, 2009 3:23am Mar 17, 2009 3:23am
Quoting AstonDan
DHLC off PPZ forming on Daily USD/CHF (GMT).

Potential short down to 61 Fib level at 1.1550, which is also a PPZ (confluence), with stop at 1.1980.

What's wrong with this? It's using the Sunday bar as half of the DHLC. In two minds about this...
Attachment
Dan,

Have you got a girlfriend in Switzerland or something? What is the fascination with USDCHF?

There are other pairs with far better set ups than USDCHF

Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!
  • #530
  • Edited 4:05am Mar 17, 2009 3:25am | Edited 4:05am
Quoting prosperous
I will attempt to go cold turkey and then perhaps join lurkers anonymous!

I enjoy your insights and your humor. This thread has been able to maintain an open and focused feel. Kudos to you. I will read all the posts and then share my thoughts in the coming days.

Cheers

Pros
Thank you, Pros

Hope you enjoy your experience here

Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!
  • #531
  • Mar 17, 2009 3:35am Mar 17, 2009 3:35am
Quoting Blackeagle
Until we learn how you are drawing S/R lines, nothing. No one came even close to the solution, because I believe no one saw 97.52 and 96.20 support levels on the chart.

Thanks for your time and insight in this thread.
Regards
I hope that's not true, Blackeagle, because it's not magic, it's NOT something I discovered, it's been out there in the open on many threads for years and now detailed by Jim and his boys on James 16.

I also know that other traders on here are now drawing their S&R - take a look at reddog19 on post #505 for example.

So your comments must mean that you are having a problem. Have you studied PPZ on James 16 and do you understand it? If so, you should be able to draw in your own S&R.

If you are still struggling send us your questions.

Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!
  • #532
  • Mar 17, 2009 3:38am Mar 17, 2009 3:38am
Quoting AminAS
Thanks G and Strat. So that last candle wasn't anything special, got it. If it is still a bullish setup, could we treat that last candle as a hammer and enter 10 pips above long with a stop below?
Measure your RISK first and then only YOU will know the answer to your question.

Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!
  • #533
  • Mar 17, 2009 3:42am Mar 17, 2009 3:42am
Quoting AminAS
I refered back to a candle pattern website and realized that a hammer has little or no upper wick. The candle we were looking at must have been a long shadow.
There is much, much more to it than that my friend. Keep looking back at charts - especially the longer time frames such as Weekly and Monthly as these tend to show up more and in classic "style".

I will go into it more later.

Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!
  • #534
  • Mar 17, 2009 3:45am Mar 17, 2009 3:45am
Quoting 4xWheels
I'm still confused how to set up my closing time to match yours. Sorry to camp on this issue but I think it is important.

Today you had the daily summary posted several hours before 00:00 EST.

What time EST is it when your daily candle closes?

Thanks, Wheelz
I did it on purpose to confuse the hell out of you!

No, I'm in China right now checking up on my business interests so I am 18 hours ahead of EST

Wait a minute - doesn't that mean I should be able to tell you what happened so that you can trade it? If only!

Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!
  • #535
  • Mar 17, 2009 3:57am Mar 17, 2009 3:57am
Quoting elitejets
Hey Baba G
I like your CADJPY for a long because it looks like it is breaking through the BOSS too (the weekly20ema) and not much of a stop required (the other end of the candle the other side of the BOSS 20)

Nicola

PS Still long GBPJPY too, my target is 141.50
Well I guess I'm the party pooper!
With my data as I see it, the BOSS price is being held back by the 20. I would want to see a STRONG close over the 20 before I put my hand in my pocket.

The Daily has got nice support from the 50 with price closing above the 20 but it's sideways for me. In these last 4 days, volume has dried up - there's no-one playing this only you guys!

There are far better pairs than this right now - are you getting desperate to trade something?

You might want to pull your stops in real tight on GBPJPY - same problem with volume.

Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!
  • #536
  • Mar 17, 2009 3:57am Mar 17, 2009 3:57am
Hi Strat,

Great thread here.... just trying to catch on/catch up.

Quick question.... a few posts back you suggested that the person remove the "volume" from the "properties" page, and then add "volume" as an indicator. My apologies if I'm missing something so basic, but would you care to explain why?

Thanks in advance.

LePip
  • #537
  • Mar 17, 2009 4:03am Mar 17, 2009 4:03am
Quoting haribon2008
My Trade Entry Signals:

G/J, is riding above EMA20 & SMA50 divergence, with both indicating gap's tightening towards EMA100(daily).... thats bullish for me!

E/J, is already riding above EMA100(daily), possible divergence for all three pointing upwards.... very bullish fo me!

Resistance are lurking above, but i think they will be taken out any time soon

G/J resistance @ 141.70, third assault coming on...
E/J resistance almost collapsing...

there you go
Thank you, haribon and thank you, AminAS for reminding everyone that we are all here to learn from each other.

While your analysis obviously works for you, I would not be able to trade off it as I need to see specific price action around support and resistance.

Thanks again.

Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!
  • #538
  • Mar 17, 2009 4:10am Mar 17, 2009 4:10am
Quoting LePip
Hi Strat,

Great thread here.... just trying to catch on/catch up.

Quick question.... a few posts back you suggested that the person remove the "volume" from the "properties" page, and then add "volume" as an indicator. My apologies if I'm missing something so basic, but would you care to explain why?

Thanks in advance.

LePip
Nicola's charts had the "standard" volume which happens when "volume" is checked on the "Properties" tab. Although the volume data is the same, you cannot change the colours or modify it so if you use the volume in the "indicators" section, you can modify it as you wish.

If it's still not clear, let me know.

Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!
  • #539
  • Mar 17, 2009 4:18am Mar 17, 2009 4:18am
Quoting strat
Nicola's charts had the "standard" volume which happens when "volume" is checked on the "Properties" tab. Although the volume data is the same, you cannot change the colours or modify it so if you use the volume in the "indicators" section, you can modify it as you wish.

If it's still not clear, let me know.

Rock n Roll,
Strat
Got it, thanks!

LePip
  • #540
  • Mar 17, 2009 4:34am Mar 17, 2009 4:34am
Hello Strat,

If your MA have crossed and prices is above them do you just wait for price to close well above a S/R area and then enter long on the high of the candle with your SL below S/R area?
Or do you wait for candlestick confirmation (hammer, bullish engulfing, any others?) before you enter on trade?

Thanks,
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