i am hunting for a short entry closer to 5945, and i should be able to ride it down to 5770
..but i should watch n consider at 6050/60 as well 
Cable Update (GBPUSD)
- #172,221
- Edited 10:28pm Oct 1, 2009 10:14pm | Edited 10:28pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
..but i should watch n consider at 6050/60 as well - #172,223
- Oct 1, 2009 10:20pm Oct 1, 2009 10:20pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Eurycoma what, a flower or something?
This whole story sounds preatty exotic!
Have you get the extra after the massage? LOL
Hehe!
some info..and sure very energize...
as look like bear need to postpone to next week as NFP should be better ~ 180-190 number...perhaps its not hit my SL+50 with 2Xshort from 6015 yesterday n wednesday...
- #172,224
- Oct 1, 2009 10:21pm Oct 1, 2009 10:21pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
Impressive - what ema's are you using if you don't mind - thanks
Obviously it does, you would see frequent compression and separation if you used smaller ema's on smaller time frames and the magnitude of the movement would likely be relative to that size (unless there were also compressions occurring simultaneously on larger time frames). Like most trading, you search for the larger time frame set-up developing and then drill down to the smallest frame for a more precise trigger.
I happen to use these two set-ups. One has 6 ema's equally spaced between 6ema and 144ema and another platform I have 7 ema's equally spaced between 5ema and 150ema with some extras smas (dotten lines) thrown in 120, 240, 360, 480, 720 (which is 12hrs if looking at a 1m chart).
I'm in the 'discovery stage'... still getting my head around this.
There has been much written on multiple moving averages (MMAs). Daryl Guppy and Alan Hull produced separate variations of observing their behavior and repeating patterns.
I wish there was an active FF forum and some additional experienced traders who use this as a foundation and then blend in their use of other forms of analysis while keeping it a simply system. Some say they are useless. From these patterns alone, I don't see anything in their nature that predict the direction. So that could render them useless to some. Seeing this predictable patterning develop and ALWAYS an explosive relative movement to follow still makes me believe they could be very useful, expecially in filtering charts into those which are in an imminent stage of breakout. Could cut the screen time down greatly when trading multiple pairs rather than waiting for a single pair to mature to this state.
I'm realize there are experienced 'naked chart' trader who could visualize these developing patterns in other ways through candlestick behaviors or other PA, etc.
I'm just enjoying the phenomenon and keeping my day job until the 'apple falls on the head'.
Here's the most recent compression off of a 5m chart that produced ~100 pips since early in the NY session.
Dr. D.
- #172,225
- Edited 10:40pm Oct 1, 2009 10:21pm | Edited 10:40pm
- | Commercial User | Joined Mar 2009 | 2,480 Posts
Still Short on G/J 15220, 14375. Current Price 14232:
Here's what I see for continuation South. See you later, G/L
Here's what I see for continuation South. See you later, G/L
- #172,226
- Edited 10:46pm Oct 1, 2009 10:34pm | Edited 10:46pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
[quote=fourxtrader;3110722]Obviously it does, you would see frequent compression and separation if you used smaller ema's on smaller time frames and the magnitude of the movement would likely be relative to that size (unless there were also compressions occurring simultaneously on larger time frames). Like most trading, you search for the larger time frame set-up developing and then drill down to the smallest frame for a more precise trigger.
Thanks much
Thanks much
- #172,228
- Oct 1, 2009 11:06pm Oct 1, 2009 11:06pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
Still Short on G/J 15220, 14375. Current Price 14232:
Here's what I see for continuation South. See you later, G/L
BUT!
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
- #172,229
- Edited 11:44pm Oct 1, 2009 11:29pm | Edited 11:44pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #172,231
- Oct 1, 2009 11:32pm Oct 1, 2009 11:32pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
I suppose if you are still viewing the daily / weekly charts
we have the last bottom at 1.3500 and it could take another
8 months... sooner if the ema's on the daily pull tightly together.
Karmo says......'patience'.... few have it.... still not me.
These compression patterns are easy to find well after the fact
[i][color=#0000ff]but isn't that so with any system. Can a trader...
- #172,232
- Edited 11:47pm Oct 1, 2009 11:45pm | Edited 11:47pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
I suppose if you are still viewing the daily / weekly charts
we have the last bottom at 1.3500 and it could take another
Maybe months is the key.. Just need to know exactly when to flip position.
Like multi day. Like short trends to (day trading) Does not mean cable is not a b!tch right now!
and then have the confidence to enter and stay with it and not
1. Confidence
2. Entry - Entry and confidence are the ONLY reasons why my trades multi day were successful. PLUS the Charts- that's a given tho.
Edit* LDN may attempt s0mething, but I stick to my guns, not much till' NY open.
LOL- I am going deep sea diving to cut "cable" and bring this "MOFO" nAV- DOWN!!!
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
Just wanna shout out to all people here, thank you for all your shared information and point of view. It is very helpful for newbie like me or maybe some others who are just browsing this forum and watching.
I hope someday i can contribute to this forum but at the moment i am still picking up this game and learn it everyday bit by bit.
The hardest part for me is picking the entry point, it seems like i always go in at the wrong time most of the time. Yeah most and almost all of it.
Hence, i would like to make my own indicator for you guys, it called "iSuck" indicator. If i buy, you sell. If i sell, you buy. Based of my trade history, You will make a lot of money.
Cheers and God Bless You All.
^^
I hope someday i can contribute to this forum but at the moment i am still picking up this game and learn it everyday bit by bit.
The hardest part for me is picking the entry point, it seems like i always go in at the wrong time most of the time. Yeah most and almost all of it.
Hence, i would like to make my own indicator for you guys, it called "iSuck" indicator. If i buy, you sell. If i sell, you buy. Based of my trade history, You will make a lot of money.
Cheers and God Bless You All.
^^
- #172,234
- Edited 11:58pm Oct 1, 2009 11:52pm | Edited 11:58pm
- Joined Aug 2009 | Status: Patience = Simplest of all skills | 7,152 Posts
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
Indeed, entry is the most tricky part for me. At the moment, i have tried to the point i have confused myself Hahaha.
I use 1hr TF as guide and 5M TF as entry, with a few "iSuck" indicators, and kaboom it is for me.
But it is ok, i know this road is ahead of me anyway. I will keep try to learn hence i am 24/7 on this forum for the past 3 weeks already with 4 hours sleep a day.
Get rich or Die trying.
Cheers^^
I use 1hr TF as guide and 5M TF as entry, with a few "iSuck" indicators, and kaboom it is for me.
But it is ok, i know this road is ahead of me anyway. I will keep try to learn hence i am 24/7 on this forum for the past 3 weeks already with 4 hours sleep a day.
Get rich or Die trying.
Cheers^^
Two key words;
1. Confidence
2. Entry - Entry
- #172,236
- Oct 2, 2009 12:00am Oct 2, 2009 12:00am
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
step by step..remember that
Based on this chart alone which I have been
following over the past few days shows a
gathering of ema's, their compression and
a release with separation. It wasn't explosive
like I was wanting to see... but it is occuring.
Step by step.
Thanks,
Dr. D.
- #172,237
- Oct 2, 2009 12:05am Oct 2, 2009 12:05am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #172,238
- Oct 2, 2009 12:07am Oct 2, 2009 12:07am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
confusing chart
weekly not confusing .. will take time to break down...tomorrow closes under 1.5800 then that would be great
Blogging daily now at www.volume.zone
- #172,239
- Oct 2, 2009 12:22am Oct 2, 2009 12:22am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #172,240
- Oct 2, 2009 12:35am Oct 2, 2009 12:35am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
hola!
nfp
nfp
Thank You 