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  • #105,081
  • Jun 3, 2009 4:46am Jun 3, 2009 4:46am
Quoting gurangax
If anyone noticed current pa is around the trendline. My perspective is not to open any trade here at the moment.

This is a great idea. So many things going on in this area (check out the 50% fib on the daily) also many other trendlines/etc...

I'm taking my 60+ pips and taking the rest of the day off unless I see a setup I can't resist...
  • #105,082
  • Jun 3, 2009 4:47am Jun 3, 2009 4:47am
Quoting Atlast
Seemed a good low risk trade.

I don't except trades from it. It is just an indicator although it is a good system it would confuse me. I'll probably trade it from my other account once I overcome this silly problem of not sticking to my system.

I want to build my retirement home with war bunker too!
  • #105,083
  • Jun 3, 2009 4:48am Jun 3, 2009 4:48am
it did breach my 1hr chart trendline lower end but its now back in trend barely.. it bounced off a fib at 4175... we breach this one with some steam will be a good sign for shorts.. we got adp i think today..should point to nfp direction..but not always right
those who can, do. those who cant, talk about those who can
  • #105,084
  • Jun 3, 2009 4:50am Jun 3, 2009 4:50am
Quoting gatorinla
it did breach my 1hr chart trendline lower end but its now back in trend.. it bounced off a fib at 4175... we breach this one with some steam will be a good sign for shorts.. we got adp i think today..should point to nfp direction..but not always right
Post a chart.

Well at least the intraday cycle didn't go to an extreme meaning that a continuation in this direction is less probable. So I might get the opportunity for a long entry at some point.
  • #105,085
  • Jun 3, 2009 4:53am Jun 3, 2009 4:53am
Quoting Larseg
It was the same trade as I said earlier -1272 bucks .... closed it...

4 days profit gone... Lovely... just F%¤&%¤& lovely...
Same shit happened to me yesterday, 2 days profit gone in 1 hour.. dont even think about it...think as if its the cost of the learning process.
"He who is well prepared has won half the battle"
  • #105,086
  • Jun 3, 2009 4:55am Jun 3, 2009 4:55am
Quoting notch
Post a chart.

Well at least the intraday cycle didn't go to an extreme meaning that a continuation in this direction is less probable. So I might get the opportunity for a long entry at some point.
ok this is the 30 min...
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those who can, do. those who cant, talk about those who can
  • #105,087
  • Jun 3, 2009 4:56am Jun 3, 2009 4:56am
Quoting gatorinla
ok this is the 30 min...

Gator,
I never could interpret the fractal arrows. What do they mean?
  • #105,088
  • Jun 3, 2009 5:00am Jun 3, 2009 5:00am
Quoting Larseg
It was the same trade as I said earlier -1272 bucks .... closed it...

4 days profit gone... Lovely... just F%¤&%¤& lovely...
best you can do it not trade today. dont chase the loss.. clear your head and come back an hour after nfp or even monday...or even take a week off.. grudge trades are lossers..
those who can, do. those who cant, talk about those who can
  • #105,089
  • Jun 3, 2009 5:01am Jun 3, 2009 5:01am
Quoting gatorinla
ok this is the 30 min...
dude, I respect your analysis, but do you really need those pivot point markers with your experience. I know it's pretty, but less clutter on an overcrowded chart. Just a suggestion, but if it's working for you, please throw my suggestion in the bin.
  • #105,090
  • Jun 3, 2009 5:03am Jun 3, 2009 5:03am
Quoting Atlast
dude, I respect your analysis, but do you really need those pivot point markers with your experience. I know it's pretty, but less clutter on an overcrowded chart. Just a suggestion, but if it's working for you, please throw my suggestion in the bin.

I thought the markers were fractals.
  • #105,091
  • Jun 3, 2009 5:03am Jun 3, 2009 5:03am
Quoting notch
Gator,
I never could interpret the fractal arrows. What do they mean?
there pretty.. .. they mean go opposite...dont trust them in lower frames.. if your gonna use them use a smaller frame for comfirmation of bigger tf.. i dont really use them.. they are late... but if your consevative on a big tf they seem to work..
those who can, do. those who cant, talk about those who can
  • #105,092
  • Jun 3, 2009 5:05am Jun 3, 2009 5:05am
Quoting gatorinla
there pretty.. .. they mean go opposite...dont trust them in lower frames.. if your gonna use them use a smaller frame for comfirmation of bigger tf.. i dont really use them.. they are late... but if your consevative on a big tf they seem to work..

Thanks.

Secondary signal has changed to long.
  • #105,093
  • Jun 3, 2009 5:08am Jun 3, 2009 5:08am
hi all. i hope u all have some good trades today.
  • #105,094
  • Jun 3, 2009 5:10am Jun 3, 2009 5:10am
Quoting gatorinla
it did breach my 1hr chart trendline lower end but its now back in trend barely.. it bounced off a fib at 4175... we breach this one with some steam will be a good sign for shorts.. we got adp i think today..should point to nfp direction..but not always right

We are about to see a classic example of why I HATE floor trader pivots!
  • #105,095
  • Jun 3, 2009 5:12am Jun 3, 2009 5:12am
Quoting Arslan
hi all. i hope u all have some good trades today.
panic caused me lock my trade..now times to think about it
- Always pray on your trading - God know the best for everyone
  • #105,096
  • Jun 3, 2009 5:14am Jun 3, 2009 5:14am
Quoting Atlast
dude, I respect your analysis, but do you really need those pivot point markers with your experience. I know it's pretty, but less clutter on an overcrowded chart. Just a suggestion, but if it's working for you, please throw my suggestion in the bin.

thats why i put up a 30 min chart.. they clutter a one hour even more.. no i dont need em but i trade more then one pair many times.. i just started running them.. the point is many times i trade other pairs and forget where im at.. these im using as a reminder or a heads up.. if i get one on the one on the 30mn chart it will be a heads up on a 1 hour chart and so on..im gonna use them for exits..
those who can, do. those who cant, talk about those who can
  • #105,097
  • Jun 3, 2009 5:15am Jun 3, 2009 5:15am
bad news expected from US 2hours from now. If so maybe will see another down pressure.
Gambling with PA
  • #105,098
  • Jun 3, 2009 5:17am Jun 3, 2009 5:17am
Quoting notch
Thanks.

Secondary signal has changed to long.
yes they show long also now..
those who can, do. those who cant, talk about those who can
  • #105,099
  • Jun 3, 2009 5:18am Jun 3, 2009 5:18am
http://www.forexfactory.com/nfs/cust...ar84527_24.gif gatorinla



You are an ugly son of a b

I'm long in eur and hurting arg!!!!
  • #105,100
  • Jun 3, 2009 5:18am Jun 3, 2009 5:18am
ready to go long
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