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Damion's Tribute

  • #181
  • Jul 14, 2009 9:08pm Jul 14, 2009 9:08pm
Quoting aftab
D liberators,

This is an example of the trade going right without looking at candle sticks.

Again this is only my opinion.

So whats your Fib level?
God's Love For You Is Sure Never You Doubt It
  • #182
  • Jul 14, 2009 9:43pm Jul 14, 2009 9:43pm
Quoting aftab
Mate,

I like this trade as much as you do. Honestly I am not trading this pair or else I would have posted a Picasso painting - my chart.

The entry and the stop is something that I have there, for people who want to trade it.

If there was an ABCD on the 4 hrs, I would have traded it a little above.

Because I do not like this trade, I would only trade it on my terms - a lower entry and lower stop loss - and hope I do not get filled. That is if I am trading it.

My profit targets are 61.8, 78.6, 127 & 161 always. Since I trade only 1 mini...
Thanks aftab. On your profit targets. Are the 61.8 and 78.6 using a Fib Extension tool, and the other two just the extended levels using Fib retracement tool?
  • #183
  • Jul 14, 2009 9:45pm Jul 14, 2009 9:45pm
Quoting Nimrod
Hi fellas,

I been away for a day and the thread is bombastically fantastic.Great to see all the analysis based on this system.Keep it up guys.I was away,with my wife in hospital in the delivery room for our 3rd child.Mike, bro its a girl.I hope she will trade ABCD as good as you guys here on day.I hope I get all the support in teaching ABCD from you guys LOL.
Sorry for that joke guys, just groggy mind and 2 hrs sleep ,talking there..., so no trade for me this couple of days.You guys have a great pip measuring and harvesting you hear.LOL.Me, I m...
Congrats Nimrod! Only 36 hours? You are hard core even checking on this thread! I have two kids and I wouldn't have been been able to think straight enough to look at this stuff.
Go get some rest
  • #184
  • Jul 14, 2009 10:03pm Jul 14, 2009 10:03pm
Quoting Nimrod
Hi fellas,

I been away for a day and the thread is bombastically fantastic.Great to see all the analysis based on this system.Keep it up guys.I was away,with my wife in hospital in the delivery room for our 3rd child.Mike, bro its a girl.I hope she will trade ABCD as good as you guys here on day.I hope I get all the support in teaching ABCD from you guys LOL.
Sorry for that joke guys, just groggy mind and 2 hrs sleep ,talking there..., so no trade for me this couple of days.You guys have a great pip measuring and harvesting you hear.LOL.Me, I...
No amount of pips can exchange the joy of having a baby. Congratulations!!! Take a good break, the market is always around for you. =D
  • #185
  • Jul 14, 2009 10:36pm Jul 14, 2009 10:36pm
Quoting D liberators
So whats your Fib level?
Hi D liberators,

Fib levels are on the chart. I use the ABCD tool mainly. I only use the Fibs to see the confluence. I have found the ABCD tool to be more reliable for me.
AFTAB Time Will Tell & Price Will Show
  • #186
  • Jul 15, 2009 2:56am Jul 15, 2009 2:56am
Quoting D liberators
So whats your Fib level?
Hi D liberators,

Here is another example. I posted this yesterday before the current price action.

If you are in this trade, you have just made twice as much more than us, even before we have taken the trade.

Again this is only my opinion.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURGBP - 15Mins.jpg Size: 121 KB
Click to Enlarge Name: EURGBP - 15Mins - Entry.jpg Size: 146 KB
AFTAB Time Will Tell & Price Will Show
  • #187
  • Jul 15, 2009 6:24am Jul 15, 2009 6:24am
Quoting aftab
Hi D liberators,

Here is another example. I posted this yesterday before the current price action.

If you are in this trade, you have just made twice as much more than us, even before we have taken the trade.

Again this is only my opinion.
Well if this is working well for you, i'll say congrats. And you must have a heart of steel to trade this way (I see this a little more risky than trading without candles, though with a higher potential: of course ''the higher the risk, the higher the potential'').

Thanks for taking time to share and explain.

I hope to be able to do a write up on the reversal candles i use and post here by the weekend.

ABCD mentallity is sure a banker in forex or market trading.


I'm watching GU on 4hr for a possible set up. ( Sorry, i'm having problems posting charts here.
God's Love For You Is Sure Never You Doubt It
  • #188
  • Jul 15, 2009 7:21am Jul 15, 2009 7:21am
Anybody looking at this one. Moved really fast.
Attached Image (click to enlarge)
Click to Enlarge Name: CAD - 15th July 2009.jpg Size: 136 KB
AFTAB Time Will Tell & Price Will Show
  • #189
  • Jul 15, 2009 8:02am Jul 15, 2009 8:02am
Nice one setting up as well.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD - 15th of July.jpg Size: 126 KB
AFTAB Time Will Tell & Price Will Show
  • #190
  • Jul 15, 2009 8:05am Jul 15, 2009 8:05am
Should fall a little bit more to get the ABCD to be valid.
Attached Image (click to enlarge)
Click to Enlarge Name: CHF - 15th July 2009.jpg Size: 135 KB
AFTAB Time Will Tell & Price Will Show
  • #191
  • Jul 15, 2009 2:18pm Jul 15, 2009 2:18pm
Will price action give us our D?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf.gif Size: 42 KB
  • #192
  • Jul 15, 2009 2:26pm Jul 15, 2009 2:26pm
Quoting aftab
Nice one setting up as well.
Nice chart. I've also drawn in a former support TL that has been broken and is showing a confluence with the resistance TL you've got. That former S should now be R on the backside. Here's what I'm seeing from the Daily.
Attached Image (click to enlarge)
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  • #193
  • Edited 2:45pm Jul 15, 2009 2:30pm | Edited 2:45pm
Quoting aftab
Anybody looking at this one. Moved really fast.
Is that a yellow TL (at least I think it's yellow... I'm color blind) that I see price is coming down to? If so, can you back the zoom out to the daily? I can't tell where that TL would have come from.
  • #194
  • Jul 15, 2009 3:05pm Jul 15, 2009 3:05pm
Thoughts on Kiwi?
Attached Image (click to enlarge)
Click to Enlarge Name: kiwi.gif Size: 44 KB
  • #195
  • Jul 15, 2009 3:59pm Jul 15, 2009 3:59pm
Quoting finswin56
Nice chart. I've also drawn in a former support TL that has been broken and is showing a confluence with the resistance TL you've got. That former S should now be R on the backside. Here's what I'm seeing from the Daily.
Thanks for that. Just added the trendline & some notes.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUD - 15th july 2009.jpg Size: 128 KB
Click to Enlarge Name: AUD - 15th july 2009 - 60 Mins.jpg Size: 133 KB
Click to Enlarge Name: AUD - 15th july 2009 - 30 Mins.jpg Size: 125 KB
AFTAB Time Will Tell & Price Will Show
  • #196
  • Edited 4:07pm Jul 15, 2009 4:03pm | Edited 4:07pm
Quoting finswin56
Is that a yellow TL (at least I think it's yellow... I'm color blind) that I see price is coming down to? If so, can you back the zoom out to the daily? I can't tell where that TL would have come from.
Sorry about that. Just could not keep my eyes open.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CAD - 15th July - Daily.jpg Size: 137 KB
Click to Enlarge Name: CAD - 15th July - Daily - 2.jpg Size: 131 KB
AFTAB Time Will Tell & Price Will Show
  • #197
  • Jul 15, 2009 4:14pm Jul 15, 2009 4:14pm
Quoting aftab
Sorry about that. Just could not keep my eyes open.
Thanks!
  • #198
  • Edited 4:23pm Jul 15, 2009 4:16pm | Edited 4:23pm
Quoting aftab
Should fall a little bit more to get the ABCD to be valid.
This one is playing out well.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CHF - 15th July 2009 - FIBS.jpg Size: 146 KB
Click to Enlarge Name: CHF - 15th July - Update.jpg Size: 163 KB
Click to Enlarge Name: CHF - 15th July - Update - 2.jpg Size: 155 KB
AFTAB Time Will Tell & Price Will Show
  • #199
  • Jul 15, 2009 4:36pm Jul 15, 2009 4:36pm
Another one I'm stalking. Great former Support level with TL and Fib confluence. I really like this one.
Attached Image (click to enlarge)
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  • #200
  • Jul 15, 2009 4:43pm Jul 15, 2009 4:43pm
Quoting finswin56
Another one I'm stalking. Great former Support level with TL and Fib confluence. I really like this one.
Your ABCD looks beautiful. Where would you place your stop should you trade it after confirmation?
AFTAB Time Will Tell & Price Will Show
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