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  • #79,521
  • Mar 25, 2009 12:37am Mar 25, 2009 12:37am
Quoting Patience
Oh, I get it now. His secret weapon is Jacko.
Looks like the "secret" is out.
Not all sins are created equal
  • #79,522
  • Mar 25, 2009 12:37am Mar 25, 2009 12:37am
Quoting Ferick
Another hour another failure at 134.90. Nice.


That was good. It's hard to get "failure" or anything else for that matter out of PA that has barely moved.

No momentum is no momentum and says basically... nothing. A couple guys on big demo accounts could move the market in these conditions...
FUBAR...
  • #79,523
  • Mar 25, 2009 12:39am Mar 25, 2009 12:39am
Quoting ak4x


That was good. It's hard to get "failure" or anything else for that matter out of PA that has barely moved.

No momentum is no momentum and says basically... nothing. A couple guys on big demo accounts could move the market in these conditions...

Ummmm, now I see!....
Traders are smartasses
  • #79,524
  • Mar 25, 2009 12:39am Mar 25, 2009 12:39am
Quoting ak4x


That was good. It's hard to get "failure" or anything else for that matter out of PA that has barely moved.

No momentum is no momentum and says basically... nothing. A couple guys on big demo accounts could move the market in these conditions...
Don't make fun of demo accounts. You know, Oanda is looking out for people with big demo accounts and reverses the trend on them. It's all a conspiracy I tells ya!
Not all sins are created equal
  • #79,525
  • Mar 25, 2009 12:51am Mar 25, 2009 12:51am
Quoting Jay Walker
It's all a conspiracy I tells ya!
If we only knew.

Anyway... this chart proves one thing... Failure at M2!!!!!!

I gotta go to bed.


Gotta love that range tho. Told you it was sweet.

And yes, I'm longing the dips for whatever they get. A Pip here and a pip there and soon you Got Pips?
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FUBAR...
  • #79,526
  • Mar 25, 2009 12:56am Mar 25, 2009 12:56am
Quoting Jay Walker
"secret weapon"
hey, didn't felix have one of those? i haven't heard that phrase in a long while.. you need to get out more jay, of NK i mean.
FUBAR...
  • #79,527
  • Mar 25, 2009 12:58am Mar 25, 2009 12:58am
Quoting ak4x
If we only knew.

Anyway... this chart proves one thing... Failure at M2!!!!!!

I gotta go to bed.


Gotta love that range tho. Told you it was sweet.

And yes, I'm longing the dips for whatever they get. A Pip here and a pip there and soon you Got Pips?
I went in way to early on weakness and then price plunge down on me. So my q to you is price rising?
Forex Price Action Hacked - Price Action Rockstar
  • #79,528
  • Mar 25, 2009 1:01am Mar 25, 2009 1:01am
I see a double top on the 1hr time frame. Should be going lower I think.

Forex Factory is not allowing me to post my chart
  • #79,529
  • Mar 25, 2009 1:04am Mar 25, 2009 1:04am
Quoting ak4x
Just got on the puter tonite, sorry for the delayed reply, but seemed like a good time for a break...

To clarify... i don't adjust a fib to line up with anything other than price. the central will change everyday, but a single long term fib may be in place for days, weeks, or longer and still be "working" reliably.

I think that particular one was simply the way it worked out that day. If price is ranging ard the 50% fib for a while, it would not be uncommon for the central to converge with the 50% for a few days as well... Price can be like...
Many thanks for the explanation.
  • #79,530
  • Mar 25, 2009 1:06am Mar 25, 2009 1:06am
Quoting david_akc
So my q to you is price rising?
I don't know what it's doing. I do know it's in that range chart I've posted twice now until it breaks out one way or the other, which means it going up and down depending on when you look. btw, that green line on my 20m chart is the central pivot and you'll want to watch what price does with it... 3466. it's also the 50% of the most recent swing hi lo on the 5m charts.

I'm still anticipating a break north out of this hole, therfore I'm only going long on half the moves cuz I ain't in a counter trend mood tonite to go both ways. in fact I ain't even supposed to still be up.

stupid frankie headfakes gonna catch me in a couple minutes and then i'm in for it. gotta go.

check your chinstraps boys, she's gonna blow...
FUBAR...
  • #79,531
  • Mar 25, 2009 1:08am Mar 25, 2009 1:08am
Quoting david_akc
I went in way to early on weakness and then price plunge down on me. So my q to you is price rising?
please dont get offended when i say this...it is meant to broaden your perspective only. there are trending markets and there are ranging markets. trends can be best seen on larger timeframes. the smaller the timeframe you go on the smaller the trend becomes and given certain times of day it turns into a range.

the current market is ranging between 1.3485 and 1.3445. There is stronger support/resistance levels at 1.3515 and 1.3425...draw some horizontal lines at those levels if you are wondering why. no one knows whether we go higher from here or lower until at least that range gets broken. all we have is educated guesses based on our bias. jay thinks we hit the floor so we must bounce like a tennis ball. i think we are witnessing an iceberg's tip that is about to reveal its second side. educated guesses...no right or wrong..pa itself is talking for now..we are going...anywhere and nowhere....for now.

i highly recommend that you try to identify what the range is when the market is not showing big movements in the future...it will help in your evolution as a trader.
Different opinions highly valued, ignorant to slander.
  • #79,532
  • Mar 25, 2009 1:10am Mar 25, 2009 1:10am
Attached Image
Not all sins are created equal
  • #79,533
  • Mar 25, 2009 1:10am Mar 25, 2009 1:10am
Quoting ak4x
If we only knew.

Anyway... this chart proves one thing... Failure at M2!!!!!!

I gotta go to bed.


Gotta love that range tho. Told you it was sweet.

And yes, I'm longing the dips for whatever they get. A Pip here and a pip there and soon you Got Pips?
It has been going up since it was born.

I think we are still in the up trend that started 8 years ago or so, it was just a bounce from 1.60 - 1.23 and now we're up again.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #79,534
  • Mar 25, 2009 1:18am Mar 25, 2009 1:18am
here's a road map for the next few hours if you happen to be flying blind and got disorientated...

get your horizon back and take a few breaths and trust your instruments is what my bush pilot buddies say when they get in a mess.

do note that price will soon be rolling over the top of the 21sma (grey) and it will become support if this keeps up. 20m chart
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FUBAR...
  • #79,535
  • Mar 25, 2009 1:19am Mar 25, 2009 1:19am
Nice triangle, breakout should tell what will happen...
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  • #79,536
  • Mar 25, 2009 1:27am Mar 25, 2009 1:27am
Quoting psiholog
please dont get offended when i say this...it is meant to broaden your perspective only. there are trending markets and there are ranging markets. trends can be best seen on larger timeframes. the smaller the timeframe you go on the smaller the trend becomes and given certain times of day it turns into a range.

the current market is ranging between 1.3485 and 1.3445. There is stronger support/resistance levels at 1.3515 and 1.3425...draw some horizontal lines at those levels if you are wondering why. no one knows whether we go higher from here...
It is ok I won't be offended regardless of statement whether it is in my favour r not. Still learning.
Forex Price Action Hacked - Price Action Rockstar
  • #79,537
  • Mar 25, 2009 1:33am Mar 25, 2009 1:33am
hmmm.. not shure if fibs are correct
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those who can, do. those who cant, talk about those who can
  • #79,538
  • Mar 25, 2009 1:33am Mar 25, 2009 1:33am
can someone using jacko be kindly enough to pm me or something about how successful or not etc etc more details?

i am not being lazy.. just that any funds i have left is VERY impt.. cant really experiment anymore..
  • #79,539
  • Mar 25, 2009 1:35am Mar 25, 2009 1:35am
Quoting david_akc
It is ok I won't be offended regardless of statement whether it is in my favour r not. Still learning.
im glad...i dont mean to offend anyone with my posts but i do know sometimes i sound like a prick. then again...doesnt everyone from time to time? anyways..all im trying to do is help and post my observations from time to time...hopefully that is the intentions of everyone here (big hopes there).

i also see that your bias is north therefore your long. see..you too make educated guesses just like all of us and if a trade goes wrong..thats what stop loss is for. trust in yourself and in your judgement...if you are wrong try to figure out why. if you are right...try to figure out why. even when you win there is a lesson to be learned...the lesson of what works so you can use it again in the future. when in doubt...just be flat..no harm done...better to wait for a good entry then to let the market decide for you.

hope this helps without sounding too arrogant
Different opinions highly valued, ignorant to slander.
  • #79,540
  • Mar 25, 2009 1:36am Mar 25, 2009 1:36am
I have just taken a short at 1.3479, purely on price action off the 15 min chart.
Good Trading. (keep it simple).
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