Trade what you see NOT what you expect

I would say there is resistance turning to support here around 6550.

Thats sounds great, I am sure that once you get one you will keep going to see if you can get another,
Tell your mate to register with the http://www.usgolfregister.org/

United States Golf Register is the nation's official historical registry of holes-in-one. Our mission is to document and archive holes-in-one, and to distinguish those who have achieved this extraordinary accomplishment. Established in 1998 and headquartered in Shreveport, Louisiana, the U.S. Golf Register is the custodial body dedicated to identification, registration, and preservation of holes-in-one made in the United States.
U.S. Golf Register is devoted to preserving history with each hole-in-one, and in recording the significance of the achievement as a historical record. There are no registration fees or dues.

“With such outstanding odds against them,
every single golfer who has ever made a hole-in-one
deserves the opportunity to record their remarkable
accomplishment through an official national registry.”

—James Bowen, President US Golf Register

At last Gordon Brown decided to throw the towel in and resign.

His cabinet colleagues decided it would be a worthy gesture to name
a
railway locomotive after him. So a senior 'Sir Humphrey' went from
Whitehall to the National Railway Museum at York, to investigate the
possibilities.

"They have a number of locomotives at the NRM without names," a
specially-sought consultant told the top civil servant. "Mostly
freight
locomotives though."

"Oh dear, that's not very fitting for a prime minister," said Sir
Humphrey. "How about that big green one, over there?" he said,
pointing
to 4472.

"That's already got a name" said the consultant. "It's called
'Flying
Scotsman'."

"Oh. Couldn't it be renamed?" asked Sir Humphrey. "This is a
national
museum after all, funded by the taxpayer."

"I suppose it might be considered," said the consultant. "After all
the
LNER renamed a number of their locomotives after directors of the
company, and even renamed one of them Dwight D Eisenhower."

"That's excellent", said Sir Humphrey, "So that's settled then ..
let's
look at renaming 4472.
But how much will it cost? We can't spend too much,
given the expenses scandal!"

Well, said the consultant, "We could always just paint out the 'F'."

HAHAHA! Good one.

And hi to everyone in the thread, it's been a while since I last posted but I still keep tabs on what's going on in here. I've been focusing on using VSA with the ideas in this thread, and have found the two to work very well together.

Anyway, I'm done for today. Happy trading all.

I have a little short running to the 50 ema on the 15min. .6520 area

Hi Daffy

hi eo
booked profit @ 1.6520 from short @ 1.6585

Good job, I hope you booked some profit on your short and covered. I'm short myself from 6580, I booked alot at 6530 myself.

Excellent bro! I booked most myself already as well. I'm covered at BE on the remaining position.

Closed at 6526 thanx mostly read ur thread alot to learn but getting it

Glad it's making sense to you! We have some excellent traders in this thread and we all compliment each other nicely. Ask questions anytime!

Will do!!! Thanks for starting Ur thread I've been around starting with the original Cable update crew. Ur contributions and time put in are much appreciated. Keep up the good work.

what was your signal to short in the 6580s? Just price action on the larger time frame charts?

Thanks bro! I remember you from our original Cable crew. Got a little crazy in there, so we moved here. Glad to have you and I enjoy doing this. To me, it's my part of giving back or paying forward my knowledge that has been shared to me.

Resistance on the h4. If you remember, I said yesterday and the day before, I could see 656x and even 658x in our possible future. When my short from 6540 was stopped out at 6555, I couldn't buy the price at 6570 because that's where it was when I could of gotten in. The only way I could have gotten the long ride up from my 6540 short is if my SL was a close and reverse SL and I do that from time to time. I only had 5 lots left on the short position and my loss was less than my booked profit. I could have set my SL to buy 10 lots which would have closed out my 5 short and opened 5 long. But I didn't. It's a strategy I use from time to time, but not that often.

I'll post an h4 chart showing how I determined the 658x-662x area. Give me a min though.

Thanks very much for the explanation EO

closed my short from 1.6578 and am now long from 1.6505

Here ya go EO.