DislikedLooks like we are going to hit M S1 at 6218, I'm bursting to exit from sells 6312!!Ignored
Darn just falling again c'est la vie.
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DislikedLooks like we are going to hit M S1 at 6218, I'm bursting to exit from sells 6312!!Ignored
DislikedTrades from today, hl's and lh's in and around key levels. I'll post the scm4 scalper that is showing the arrows in the hl, lh thread. I'm NOT using that to trade off but it does give an audible alert and gives some good heads up that a trade may be coming that is a hl/lh.
Trade today ran a little longer, Mrs V who is a strict bank them pips was tied up so I got a little more room to move than would normally be the case. Oh Frankies hour and before we'll still look to get in and out quickly.Ignored
DislikedTrades from today, hl's and lh's in and around key levels. I'll post the scm4 scalper that is showing the arrows in the hl, lh thread. I'm NOT using that to trade off but it does give an audible alert and gives some good heads up that a trade may be coming that is a hl/lh.Ignored
DislikedI had to go out so missed 2nd part of the move down. Having said that I didnt think it would go this far. Many congrats on a gr8 trade. Surprised you held on thro psychs. What was it in your reading of the market that convinced you it was going this far? I REALLY need to learn.
Moves in last couple of days tended to be stop go 25ers & daily ranges small. The news item didnt seem a big issue to me, but then again who am I to predict sentiment?Ignored
Not that long ago, a week or so, I made a very similar trade posted in vsa thread. Small bounce that fails from PROVEN supp/res area is a good trade.
Last bounce only made it to 6328, NB this from key level supported for over a month!!
Dislikedscm4 looks handy. I need an audible alert too.
I may need to understand more about the positions of arrows for hl lh as they seem offset.
After a lot of ballache with local & dest time offsets (cant figure out what they actually mean) I seem to have pp settings that now suit the platform. Hopefully I can now reduce the visual "noise" of all lines & actually rely on one.
Many thx for continued help.Ignored
DislikedFx1........Where've you been, man? Oh yeah, I forgot for a minute.....you got a new job, is that right?Ignored
DislikedI've been wondering if we'd see you again on this thread. Thanks for dropping by, mate, and I hope things are going well for you.Ignored
DislikedHi Guys.....just back home in time to pirate a few pips in the last part of the rally over a nice glass of Rioja.....it seemed rude not too.........I've no idea what started this move, but by just focusing on the Sweet Spots and the PA around them AND going with the flow there were plenty of pips to be plundered......I'd have been VERY happy with half of what I've shown......the red and green bands were obvious S/R and the grey not so obvious....somehow the 6200 level didnt seem so important
FYI, the dashed outer bands are my first level for OB...Ignored
Dislikedanother good bit of pirating. Im still trying to understand move but guess its wiped out a lot of s/l's.
16200 had been pushed thro lots during day so was pretty redundant.
'scuse my lack of knowledge on this but what is OB/OS, & how have you set these bollys?Ignored
DislikedHi - change of plans so got a couple of hours free.....I found this explaination of what triggered that move.....
Friday, August 28, 2009
EUR/USD back at previous line.
[i]The EUR/USD shot up a fair bit hours ago.
As mentioned, it is near the end of the trading week and one should expect the unexpected.
What caused the big move exactly?
[font=verdana]A rebound of oil due to rejection...Ignored
DislikedThx for info. I also found a similar explanation. Still wondering if US gvmt pumped buying of oil so stocks would rise & make it look like they are exiting recession. 300 pips seems an enormous move just to reject $70. Anyway, move on.
Thx for clarifying what is now the inverse of OB, the BO "Bleedin' Obvious"
Bollys can be useful Ive found on some commodities, esp silver as it always retraces to back inside. Similar ob/os really.
Was tempted by s star but large amount of buying in prev 2 bars just below 300 put me off.
You are right...Ignored
DislikedI hope you have a great time - I spent 4 months just up the road in Fort Lauderdale - loads going on in those areas...http://www.forexfactory.com/images/icons/icon6.gif
BTW - nice 15m shooting star off the next level - and so helpful that they spiked it up after the news for a retest......then right back to the MR1 level..... http://www.forexfactory.com/images/icons/icon12.gifIgnored
Dislikednot keen on going against trend. 5m inverted hammer down bar low vol at 9.45 back up to 25.Ignored
DislikedAh - I didnt also mention that that red spinning top over the news period also spiked down to the rising 5m 30 ema - a rather nice buy signal......http://www.forexfactory.com/images/icons/icon12.gifIgnored
DislikedHello Islander, I respect your knowledge........
Can you explain why buy signal? Sell signal makes me more sense - shooting star (it will be better with read body), near R1...... and drop to MR1.
Thank you for answer
be good
pipgameIgnored