Trade what you see NOT what you expect | Page 1173 | Forex Factory

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Trade what you see NOT what you expect

  • #23,441
  • Aug 20, 2009 12:37pm Aug 20, 2009 12:37pm
I am not very good at uploading these charts but thought I would give it a try.What is the easiest way to load charts guys?
Please ask questions and share your experiences with us all!
  • #23,442
  • Aug 20, 2009 12:38pm Aug 20, 2009 12:38pm
Quoting fourxtrader
Not often will you see such a congregating of
multiple ema's (6- 144) all at the same time
on consecutive tf charts (15m - 4h).

Somethin's brewin'.

Dr. D.
When you wind a spring (chart) up very tight to a
point of intolerance and turn it loose it will uncoil
with explosive energy (releasing pips everywhere).

You see this in all TF's in the markets and more
frequently on the smaller charts with smaller affects.
The winding (gathering) is more gradual but everytime
a level of unwinding (breakout) occurs relative to the TF
and predictably the result is a dynamic release of energy.

Just my observation from MMAs.

Dr. D.
  • #23,443
  • Aug 20, 2009 12:38pm Aug 20, 2009 12:38pm
I'm glad I have shit to do in my office today, this market is freakin dead atm. I'm playing some gump with the mistress, other than that, we're stuck in a range on both pairs.
Just digging in the trenches like everyone else!
  • #23,444
  • Aug 20, 2009 12:42pm Aug 20, 2009 12:42pm
looks like an ascending triangle on the 15m trying to sneak up through
'The past will always show us the future'
  • #23,445
  • Aug 20, 2009 1:20pm Aug 20, 2009 1:20pm
Since the PA /market is currently moving at
a snails pace I thought I'd share two examples
of winding of multiple moving averages (MMA'S)
then releasing with significant breakouts (1m chart).
The sharp breakouts most often occur after this
tight gathering has taken place in the MMA's.

My goal in mastering the art of PA and EO's system
should help me understand the directions of this
gathering and drawing together as I see this reflected
in MA's and the subsequent breakouts that follow.

EO has said, the price always comes back to the MA's.
I would add, to where they are congregating or gathering.

Dr. D.
Attached Image (click to enlarge)
Click to Enlarge Name: release of mma's on 1m.gif Size: 26 KB
  • #23,446
  • Aug 20, 2009 2:29pm Aug 20, 2009 2:29pm
9 ema's wound tightly and only
3 pips separating the group.

Prepare for an explosion if the
other TF's come together.

Dr. D.
Attached Image
  • #23,447
  • Edited 3:08pm Aug 20, 2009 2:52pm | Edited 3:08pm
Look at your daily chart. We've been in a consolidation phase since 6/2.
Attached Image
Hi, my name is Barry and you can keep your doctor...
  • #23,448
  • Aug 20, 2009 4:18pm Aug 20, 2009 4:18pm
Quote

I am not very good at uploading these charts but thought I would give it a try.What is the easiest way to load charts guys?

if you have a jpeg. in mt4 you can right click the chart and save chart as

so what you do (if you have a jpeg image of the chart)is...

goto http://imageshack.us/

there is a field with two button to the right of it that say cancel and browse above the field it will say upload and it will be already ticked

then click the browse button and a window will open with your computer's files and stuff.

in that window find your pictures or wherever you saved your jpeg image and doubleclick on that

then a little ways down you can click on the box that says resize, then click the dropdown window to choose the size you want it to be resized to. here's a hint, don't go any bigger than (800 x 600 for 15 inch monitor) otherwise you risk pissing off your fellow forum friends.

then right below that click start upload

after image shack has uploaded our photo a new window will appear.

scroll down towards the bottom of the page and find the window that is labeled hotlink for forums (1)

click on that field which will highlight all the text then right click it and choose copy

then when you are posting in the forum right click and select paste

when you paste that img code it will post your picture for all to see

http://img198.imageshack.us/img198/5351/fx25.jpg


hope this helps,
  • #23,449
  • Edited 5:19pm Aug 20, 2009 4:35pm | Edited 5:19pm
I think I found the software I was looking for, very good! Bit difficult at first but once you get used to it Rumus is a great charting package. Heres my current setup.
Attached Image (click to enlarge)
Click to Enlarge Name: CableSetup.PNG Size: 200 KB
I hear and I forget. I see and I remember. I do and I understand.
  • #23,450
  • Aug 20, 2009 6:01pm Aug 20, 2009 6:01pm
Seems like the daily cable chart is trying to build the right shoulder of a possible h&s pattern watch to see how the neckline holds up
  • #23,451
  • Aug 20, 2009 8:31pm Aug 20, 2009 8:31pm
Quoting tac
I think I found the software I was looking for, very good! Bit difficult at first but once you get used to it Rumus is a great charting package. Heres my current setup.
It's my software of choice!

Nice layout!
Just digging in the trenches like everyone else!
  • #23,452
  • Aug 20, 2009 8:32pm Aug 20, 2009 8:32pm
The mistress is dropping her drawers. It's bearish as all get out atm. I'm getting ready to take a roll with her playing off of prior PA on the m15.
Just digging in the trenches like everyone else!
  • #23,453
  • Aug 20, 2009 8:35pm Aug 20, 2009 8:35pm
Quoting eohater
The mistress is dropping her drawers. It's bearish as all get out atm. I'm getting ready to take a roll with her playing off of prior PA on the m15.
Here's what I'm looking for in price. Somewhere in the 5x-4x price level, if the price plays out and goes north, it will give us a pin on the h1.
Just digging in the trenches like everyone else!
  • #23,454
  • Aug 20, 2009 8:36pm Aug 20, 2009 8:36pm
Quoting eohater
The mistress is dropping her drawers. It's bearish as all get out atm. I'm getting ready to take a roll with her playing off of prior PA on the m15.
yup.....last time it started dropping like this in early asian it was cross town bus!
  • #23,455
  • Aug 20, 2009 8:37pm Aug 20, 2009 8:37pm
Quoting eohater
Here's what I'm looking for in price. Somewhere in the 5x-4x price level, if the price plays out and goes north, it will give us a pin on the h1.
Crossing that I didn't miss it when she got down to 55 on the turn of the new m15. If I did, I'll wait and see if price goes back down on the next m15 candle. I'll set the PO with SL on the other side of 43 and let it pull me in.
Just digging in the trenches like everyone else!
  • #23,456
  • Aug 20, 2009 8:39pm Aug 20, 2009 8:39pm
Quoting Shilva
yup.....last time it started dropping like this in early asian it was cross town bus!
I'd like to take her up into the 134.6x price level possible 135 for a far shot.
Just digging in the trenches like everyone else!
  • #23,457
  • Aug 20, 2009 8:43pm Aug 20, 2009 8:43pm
Quoting eohater
Crossing that I didn't miss it when she got down to 55 on the turn of the new m15. If I did, I'll wait and see if price goes back down on the next m15 candle. I'll set the PO with SL on the other side of 43 and let it pull me in.
Look at how price came out of the 5x area. We want to be one of those buyers, but now, we can be a seller if we want on the close of this m15 candle. Remember, the working h1 is bearish, but that doesn't mean it's not going to go down the wick and make us some pips and reverse for a long when we get the price we want.
Just digging in the trenches like everyone else!
  • #23,458
  • Aug 20, 2009 8:49pm Aug 20, 2009 8:49pm
Quoting eohater
Look at how price came out of the 5x area. We want to be one of those buyers, but now, we can be a seller if we want on the close of this m15 candle. Remember, the working h1 is bearish, but that doesn't mean it's not going to go down the wick and make us some pips and reverse for a long when we get the price we want.
Short at 86, looking to buy on the wick of the prior m15 candle
Just digging in the trenches like everyone else!
  • #23,459
  • Aug 20, 2009 8:52pm Aug 20, 2009 8:52pm
Quoting eohater
Short at 86, looking to buy on the wick of the prior m15 candle
SL is at 96 and I'll move it when we get closer to the close of the m15 candle or I'll be reversing my position on the wick, depends upon the price we're at and what time it is. Position might stay until 15m into the next h1 candle.

I just booked 14
Just digging in the trenches like everyone else!
  • #23,460
  • Aug 20, 2009 8:54pm Aug 20, 2009 8:54pm
I just shorted her ....6484!
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