A young lad like myself should have the right to bank green pips on his birthday!!
morning and happy birthday!
Trade what you see NOT what you expect
- #28,783
- Jan 13, 2010 7:01am Jan 13, 2010 7:01am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Throw 1330x support turned resistance into the mix too Chris LOL
Macc
Yeah...LOL...Geezzz I missed that one...
Ghost Rider - WWTBMD?
- #28,786
- Jan 13, 2010 7:15am Jan 13, 2010 7:15am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
LOL
For the record, my 62 was at 13277 and my 1h 200sma was at 13302
Macc
Still waiting as the indexes have the EUR still rising and the YEN falling a bit.....
Ghost Rider - WWTBMD?
My 62 was 133.03. I decided to wait another 15M bar. I knew I was nervous about something. Sometimes the GUT is really important too...
Still waiting as the indexes have the EUR still rising and the YEN falling a bit.....
I think my gut would be about as successful as my brain at trading -lol- but I read a book called "Blink" by Malcolm Gladwell on first impressions/instincts which made a lot of sense to me.
Macc
- #28,788
- Jan 13, 2010 7:21am Jan 13, 2010 7:21am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
- #28,789
- Jan 13, 2010 7:24am Jan 13, 2010 7:24am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
I think my gut would be about as successful as my brain at trading -lol- but I read a book called "Blink" by Malcolm Gladwell on first impressions/instincts which made a lot of sense to me.
Macc
If this hour closes below the 50% (thus a 1H pin), it might be cause for another look. Time will tell.
Ghost Rider - WWTBMD?
- #28,790
- Jan 13, 2010 7:24am Jan 13, 2010 7:24am
I'm sure they will.Funny story while we are waiting. Last night just before midnight gmt I was deciding where to buy into g/u and had established using all our tools including fibs, pivots, and my bull flag channel bottom coinciding with the 200ema, that 1.613 would be where I needed to buy and it could be some time before it reached there, so I retired.
Before switching off, my wife looked at my 15 min chart "mess" with lines and fibs everywhere and said "can I see the chart without any lines"? After 30 seconds she suggested I should just place an order at 1.6134 -136 because that is where the support was for an obvious bounce. Nervous of leaving pending trades I declined and retired.
I think we all know the outcome of the story. Over analysing and too much precision can sometimes freeze us. I had Julia look at a number of different charts not showing the outcome and .....
you guessed it she pinpointed turning points on each of them
To the female trading goddesses on here I ponder in awe at the fantastic innate abilities you seem to have and only wish they would hurry up and telepathically transfer to me
Morning Snowmeizer. Morning Rob.
I'm sure our US cousins will shake the Mrs up a little as they join the battle.
Macc
Funny story while we are waiting. Last night just before midnight gmt I was deciding where to buy into g/u and had established using all our tools including fibs, pivots, and my bull flag channel bottom coinciding with the 200ema, that 1.613 would be where I needed to buy and it could be some time before it reached there, so I retired.
Before switching off, my wife looked at my 15 min chart "mess" with lines and fibs everywhere and said "can I see the chart without any lines"? After 30 seconds she suggested...
Quick Rob. Get your good lady to start a thread (called the Mrs & the Mrs.) for her to share her turning point calls
As you mention though, we use quite a few tools to aid us but it seems we still need to ultimately trade what (we see) price is telling us
Macc
- #28,795
- Jan 13, 2010 7:34am Jan 13, 2010 7:34am
Absolutely, trade what we see.
Still, I will try to wrap her into an EA and post on FF
And yes she is now in demo and will have a live account pretty soon I feel....
Still, I will try to wrap her into an EA and post on FF
And yes she is now in demo and will have a live account pretty soon I feel....
Quick Rob. Get your good lady to start a thread (called the Mrs & the Mrs.) for her to share her turning point calls
As you mention though, we use quite a few tools to aid us but it seems we still need to ultimately trade what (we see) price is telling us
Macc
- #28,798
- Jan 13, 2010 7:44am Jan 13, 2010 7:44am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Mine is 62 Ema and set to close price and is currently at 13277.
My 1hr 200sma is sitting where your 62 is Chris(though PippiNole has christened my charts Wal mart charts)
Macc
Ghost Rider - WWTBMD?
- #28,799
- Jan 13, 2010 7:44am Jan 13, 2010 7:44am
- | Joined Dec 2009 | Status: Dumb blonde, please be patient | 845 Posts
Mine is 62 Ema and set to close price and is currently at 13277.
My 1hr 200sma is sitting where your 62 is Chris
Macc
" When the ship starts to sink, don't just pray. JUMP "