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  • #41
  • Aug 16, 2009 11:52pm Aug 16, 2009 11:52pm
Quoting Raza
..

OOPS ...Sorry forgot this is a serious trading forum... Could not help it....

158.40 is a good short term target for short lived Bull run... We can sell this again from there if everything lines up. but 153.84 first..

C' mon we have a whole week left .. you just want this to be at 150.. right away.. ?/
only if tema week breaks

just 3 pages of this thread and you already missed the post ?
  • #42
  • Aug 16, 2009 11:59pm Aug 16, 2009 11:59pm
Quoting forexlion
with tema 15 min gone, it is indeed party time for 156.307

then, tema 1 hour takes over as strong resistance zone
already europe session and gj is unable to sustain above 15 min tema, closed 2 longs in green, 2 left open
  • #43
  • Aug 17, 2009 12:05am Aug 17, 2009 12:05am
Quoting forexlion
only if tema week breaks

just 3 pages of this thread and you already missed the post ?
Just read about Tema.. from your post..

tema is good.

158 i said cause of Divergence settin up... think we need one more Small Dip!!
Markets are not Random, they are designed!
  • #44
  • Aug 17, 2009 12:07am Aug 17, 2009 12:07am
not boasting here, just keeping this post as a record for the months to come to see if i can maintain this curve for atleast 3 months
Attached Image (click to enlarge)
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  • #45
  • Aug 17, 2009 12:11am Aug 17, 2009 12:11am
Quoting Raza
Just read about Tema.. from your post..

tema is good.

158 i said cause of Divergence settin up... think we need one more Small Dip!!
good analysis bro, i appreciate it
  • #46
  • Aug 17, 2009 12:14am Aug 17, 2009 12:14am
tema 30 gave the bounce even though macd says otherwise, the range is getting tighter and tighter which means a break out is due to happen soon
  • #47
  • Aug 17, 2009 12:20am Aug 17, 2009 12:20am
Quoting forexlion
only fibs, nothing else works so neatly
Sat Shri Akaal Mr. Forexlion.

Just one question if you like to add to my knowledge.

You are of the opinion that "only fibs, nothing else works so neatly". I use several tools including 50% fibs. What makes you believe no other tools work better than fibs?

Thanks in advance.
The Thief of Wall Street
  • #48
  • Aug 17, 2009 12:27am Aug 17, 2009 12:27am
Quoting Chicky
Sat Shri Akaal Mr. Forexlion.

Just one question if you like to add to my knowledge.

You are of the opinion that "only fibs, nothing else works so neatly". I use several tools including 50% fibs. What makes you believe no other tools work better than fibs?

Thanks in advance.
well pivots are functional only when trending, in ranging you cannot depend on pivots as sure achievable levels
  • #49
  • Aug 17, 2009 12:30am Aug 17, 2009 12:30am
Quoting forexlion
tema 30 gave the bounce even though macd says otherwise, the range is getting tighter and tighter which means a break out is due to happen soon
what a breakout , nearly 80 pips

tema week pierced once
  • #50
  • Edited 1:12am Aug 17, 2009 12:36am | Edited 1:12am
Quoting forexlion
what a breakout , nearly 80 pips

tema week pierced once

Divergence on 4 hr is still hidden bearish from RSI.. I wont be buying yet.... 154.84 - 154.43- 153.88..

Hourly getting really OS.
Markets are not Random, they are designed!
  • #51
  • Aug 17, 2009 12:36am Aug 17, 2009 12:36am
Quoting forexlion
well pivots are functional only when trending, in ranging you cannot depend on pivots as sure achievable levels
Thanks for a very swift answer. This may look strange, but I use diagonal trendline (not sure if this is correct terminology) break and bounces as my key tool. However, many seasoned traders are of the opinion that TLs are least reliable. I differ with them on this, at least for now.

Your input on reliablility or otherwise of TLs will be highly appreciated.

Thanks.
The Thief of Wall Street
  • #52
  • Aug 17, 2009 1:03am Aug 17, 2009 1:03am
Quoting Chicky
Thanks for a very swift answer. This may look strange, but I use diagonal trendline (not sure if this is correct terminology) break and bounces as my key tool. However, many seasoned traders are of the opinion that TLs are least reliable. I differ with them on this, at least for now.

Your input on reliablility or otherwise of TLs will be highly appreciated.

Thanks.
one sentence

whatever works for you is the best
  • #53
  • Aug 17, 2009 1:16am Aug 17, 2009 1:16am
Good Morning!

How are you doing?

Some good moves in the 3 hours that I´ve been sleeping..
Would you mind telling me your settings for the T3ma?

Thank you.
  • #54
  • Aug 17, 2009 1:54am Aug 17, 2009 1:54am
Quoting Rednose
Good Morning!

How are you doing?

Some good moves in the 3 hours that I´ve been sleeping..
Would you mind telling me your settings for the T3ma?

Thank you.
well its 13, but to be very specific i find the mt4 version of t3ma as waste of time, its not coded as good as the marketiva chart version, hence the glaring errors in trend reading

when mt4 version gives a confirmed trade, the marketiva version says the opposite and 99% of the times the marketiva version is correct

this is the reason i coded tema, tema comes close to the marketiva version, but not exact

t3ma can really blow your account
  • #55
  • Aug 17, 2009 2:21am Aug 17, 2009 2:21am
so what is this tema? an other moving average? seems to map 1:1 to 14 exp ma...


Quoting forexlion
second bounce of tema week and a rather strong one

lets hope tema 15 min does break here

since tema is shared only on auslanco thread, so am adding it here, rest are posted hundreds of times and can be easily found.
  • #56
  • Aug 17, 2009 2:24am Aug 17, 2009 2:24am
but tema would not do that, good for you...

btw, are you still holding those longs?


Quoting forexlion
...

t3ma can really blow your account
  • #57
  • Aug 17, 2009 2:30am Aug 17, 2009 2:30am
Quoting Piglet
so what is this tema? an other moving average? seems to map 1:1 to 14 exp ma...
tema is ema of ema of ema for the given period
  • #58
  • Aug 17, 2009 2:31am Aug 17, 2009 2:31am
Quoting Piglet
but tema would not do that, good for you...

btw, are you still holding those longs?
yes, still holding the 2 longs, no reason to close them as the beast will go back sometime

but in the meantime i closed 7 trades to cater to the margin requirements of holding the longs instead of hedging them
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  • #59
  • Aug 17, 2009 2:56am Aug 17, 2009 2:56am
Quoting biz0101
Looks like you're doing very good..keep going..
yeah but the 2 longs taught me to be even more careful with entry, i should not have gone against 1 hour charts
  • #60
  • Aug 17, 2009 3:20am Aug 17, 2009 3:20am
so no SLs...

how did your zulutrade singals performed? what was your name there?


Quoting forexlion
yes, still holding the 2 longs, no reason to close them as the beast will go back sometime

...
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