I is not stupid. I know that fish and humans can coexist.
- #88,683
- Apr 22, 2009 10:12pm Apr 22, 2009 10:12pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Not all sins are created equal
- #88,684
- Apr 22, 2009 10:14pm Apr 22, 2009 10:14pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...
- #88,688
- Apr 22, 2009 10:22pm Apr 22, 2009 10:22pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #88,689
- Apr 22, 2009 10:31pm Apr 22, 2009 10:31pm
bro, you seem like a good guy, so it is not directed at you. but don't defend the jackholes on here. if you read my posts, you can tell i like to bust balls and have fun, but i am not mean. peace and chicken grease!
Coming from I have been, everday is not only fun but a huge bonus. Everythings seem so trivial.....Enjoy, make money and be merry but not forgetting where we came from and where we are going....
[/quote]good deal. my goal was to get rid of the yo yo's and their bs posts. mission accomplished. i love to trade, so lets get back to trading talk.
"i wake up in the morning, and i piss excellence"
- #88,691
- Apr 22, 2009 10:37pm Apr 22, 2009 10:37pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
The 1hr chart has the M3 pivot, the xx20 psych level, and the upper BB all within a few pips of each other at the 3020 level...
If it wanted to go higher on this asian almost no momentum session, it would hit the HOD from yesterday in about a dozen pips or so ((yellow bar)). Now if it broke and cleared that, I'd take some notice... trying as I type this actually, so let's see what happens... remember, we're talking the 1hr here and anything can happen in that hour, it's where it closes that tells the tale. There's 4 hourly candles from yesterday with nice long wicks, that couldn't cut it.
So do you think an almost dead asian session will push this higher than london and NY could? It's never been as simple as just drawing some lines on a chart, so that's one of the things you have to decide when you're looking at those patterns. There's always a context in there somewhere that the Market is whispering. I'm usually skeptical of late asia, pre-London moves anyway.
A flag of either kind, bull or bear is a continuation pattern. So there has to first be a move to continue relative to the TF you're looking at. It's been mostly sideways with a slight descending aspect for 16 hours now following a measly 80-100 rise, most of which was in a single hourly candle yewsterday. What's to continue at this point...?
It's easy to see things when nothing much is happening... It could go on a tear North of course, but I'd fall out of my chair if it did.
ADD: wouldn't be the first time that happened tho...
If it wanted to go higher on this asian almost no momentum session, it would hit the HOD from yesterday in about a dozen pips or so ((yellow bar)). Now if it broke and cleared that, I'd take some notice... trying as I type this actually, so let's see what happens... remember, we're talking the 1hr here and anything can happen in that hour, it's where it closes that tells the tale. There's 4 hourly candles from yesterday with nice long wicks, that couldn't cut it.
So do you think an almost dead asian session will push this higher than london and NY could? It's never been as simple as just drawing some lines on a chart, so that's one of the things you have to decide when you're looking at those patterns. There's always a context in there somewhere that the Market is whispering. I'm usually skeptical of late asia, pre-London moves anyway.
A flag of either kind, bull or bear is a continuation pattern. So there has to first be a move to continue relative to the TF you're looking at. It's been mostly sideways with a slight descending aspect for 16 hours now following a measly 80-100 rise, most of which was in a single hourly candle yewsterday. What's to continue at this point...?
It's easy to see things when nothing much is happening... It could go on a tear North of course, but I'd fall out of my chair if it did.
ADD: wouldn't be the first time that happened tho...
FUBAR...
- #88,693
- Apr 22, 2009 10:50pm Apr 22, 2009 10:50pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...
- #88,694
- Apr 22, 2009 10:50pm Apr 22, 2009 10:50pm
So do you think an almost dead asian session will push this higher than london and NY could? It's never been as simple as just drawing some lines on a chart, so that's one of the things you have to decide when you're looking at those patterns. There's always a context in there somewhere that the Market is whispering. I'm usually skeptical of late asia, pre-London moves anyway.
Could Asian session push this to 1.32...Yep sure could..Why? Cause this is Forex....When things such as this happens, eveyone crawls the net looking for why this or that move happened..usuually with red pips because they were so sure it couldnt happen...
- #88,695
- Apr 22, 2009 10:51pm Apr 22, 2009 10:51pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Not all sins are created equal
- #88,697
- Apr 22, 2009 11:01pm Apr 22, 2009 11:01pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Not all sins are created equal
- #88,700
- Apr 22, 2009 11:08pm Apr 22, 2009 11:08pm
- | Joined Aug 2007 | Status: Say what ? | 1,888 Posts
