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  • #221,861
  • Apr 7, 2010 6:06pm Apr 7, 2010 6:06pm
Quoting gatorinla
it is the fall.. i always say charts are valid until a new high/low.. well these are valid forever until 1.6034 is taken out.

we are still falling
ok, now you really keep me on my feet and busy.
  • #221,862
  • Apr 7, 2010 6:06pm Apr 7, 2010 6:06pm
Quoting pipper
What do you mean by complete Gator? Were these levels from previous time periods and current PA is respecting S/R levels?
they are old, tf does not matter with them. they dont own a watch
those who can, do. those who cant, talk about those who can
  • #221,863
  • Apr 7, 2010 6:07pm Apr 7, 2010 6:07pm
Quoting gatorinla
its just a baby one.. we posted the big one last week.. the big ones are the ones you want.
I read a bit since a week among the thread but i have to get familiar here with some new things. I appreciate every stuff posted here from you and anybody and thanks a lot for that, though I use my own mm and "system". I'm also still learning.

Baby or not is not so important for me. I just do it to learn to get even more experience and then maybe to improve my robot if there would be need for. Trading live, though and until now in profit zone and 40% this year. I guess I am not the right type of daytrader, but it can't damage anything to learn even a little bit about that.

Wish you a good one!
Sometimes I lose. Sometimes the others win.
  • #221,864
  • Apr 7, 2010 6:08pm Apr 7, 2010 6:08pm
Quoting gatorinla
they are old, tf does not matter with them. they dont own a watch
Hey Gator,

So even once complete, they are still valid until the new high/low is made?

Thanks,

Donnie
  • #221,865
  • Apr 7, 2010 6:10pm Apr 7, 2010 6:10pm
Thanks Gator!
  • #221,866
  • Apr 7, 2010 6:12pm Apr 7, 2010 6:12pm
Cool, so they are S/R Levels. I think i'll have to invest in big screens for more indepth chart anaylsis

Quoting gatorinla
they are old, tf does not matter with them. they dont own a watch
Disclaimer: Check your 1m charts
  • #221,867
  • Apr 7, 2010 6:18pm Apr 7, 2010 6:18pm
Quoting ledobedo
ya i know..i use some other method for support resistance related to fibos...so never used pivots really, just look at them sometime..i guess the hourly pivots and 4h for intraday...i m wondering what bout daily pivots?intraday as well since they re calculated based on last days prices..my support and resistance using fibos is also based on previos days high n low...
i attach 5 min chart of yesterday..red lines are the suppossed support/resistance
Yeah, I also sometimes use fibos. Plus other things to consider. The more puzzle pieces fit together, the better the r:r ratio, because the guys in the banks think the same way I guess.

Just for the record: My crazy brick drop trade now gives me an opportunity to buy a beer, but no ferrari, lol. It was not fair anyways. 0.1 pip to hit this sl and then a second later the price went 15 pips down.
Sometimes I lose. Sometimes the others win.
  • #221,868
  • Edited 6:26pm Apr 7, 2010 6:20pm | Edited 6:26pm
Once again price action return to the dark side for d night. By morning PA will returned to da pattern. Will make one more stab up possibly .3370? before starting demise to 1.3000 Closer inspection of my mumbo jumbo analysis suggests we leave this area for good by 12 pm today, although price is trying right now.

Does the new 4 hour candle start at midnight on a GMT 4hr Chart? Cause I still on the 8p Candle?
Founder of Sutherland Wave Principle
  • #221,869
  • Apr 7, 2010 6:23pm Apr 7, 2010 6:23pm
how looong...
..ok,i'm a begginer from the country that doesn't even have a law for fx trading(it's in progres)...whitch is great,becouse,there is no tax... ) ...but, for that reason, a small amount of people to this..,bank's does it,but small traders...poor...

I read this posts every day, and find it very both educational and fanny...whitch is great... )

so...my question...how long down?

best regards from Neverland
  • #221,870
  • Apr 7, 2010 6:24pm Apr 7, 2010 6:24pm
Since we are on the topic of pivot indicators and some have asked about MT4 pivot indis, here are the ones I have and what they look like on a 1H chart (monthly pivots on Daily chart):
Attached Image(s) (click to enlarge)
Click to Enlarge Name: fxi pivots.gif Size: 24 KB
Click to Enlarge Name: sdx tzpivots.gif Size: 17 KB
Click to Enlarge Name: vs_pivotsd_v4.gif Size: 17 KB
Attached File(s)
File Type: ex4 FXI Pivots.ex4   25 KB | 329 downloads
File Type: mq4 SDX-TzPivots.mq4   23 KB | 312 downloads
File Type: mq4 vS_PivotsD_v4.mq4   31 KB | 319 downloads
  • #221,871
  • Edited 6:43pm Apr 7, 2010 6:26pm | Edited 6:43pm
On a Daily Chart...
Attached Image (click to enlarge)
Click to Enlarge Name: monthly pivots.gif Size: 20 KB
Attached File(s)
File Type: mq4 MonthlyPivot.mq4   5 KB | 318 downloads
  • #221,872
  • Apr 7, 2010 6:26pm Apr 7, 2010 6:26pm
Quoting uraceulose
Hey Gator,

So even once complete, they are still valid until the new high/low is made?

Thanks,

Donnie
most i post are tiny tf..so they become useless. these are much larger so they last longer.. forever maybe, until the bull takes over. then we start at the new bottom.. they follow different paths. this pair is new. its unlike older pairs. this one can still be measured from conseption. so if we stop at a target below .8 it will just turn into a normal fib. with about 1.200 as the 50% mark.. 1.2xx falls under many targets including from oct. so it cant be random.. also euro is already in the 50% mid on many other pairs already. including eurx. its actually below. if it fails none of this will matter. if its gonna fail it will be well above 0 when it does
those who can, do. those who cant, talk about those who can
  • #221,873
  • Apr 7, 2010 6:28pm Apr 7, 2010 6:28pm
Thanks Mike, much appreciated

Quoting 2+2=4ex
Since we are on the topic of pivot indicators and some have asked about MT4 pivot indis, here are the ones I have and what they look like on a 1H chart (monthly pivots on Daily chart):
Disclaimer: Check your 1m charts
  • #221,874
  • Edited 6:42pm Apr 7, 2010 6:28pm | Edited 6:42pm
Quoting gatorinla
for euro bulls..
http://seekingalpha.com/article/1972...t-manipulation
Well, actually this goes for every currency "BULL/S". GOLD (ETF's / Futures a.k.a Paper GOLD)

manipulation, sales of real GOLD by IMF (Just in times of a "PIIGS" problems? Why? That's stupid at least) ,

everything goes just to show

that Paper currency actually have some value.. Now!??? They have other sh*t

to take care off.. NO time to pay attention for some "useless commodity".

You ain't see anything yet in terms of GOLD movements... $100+ days

coming.. Won't say much, but at least picture today $18/oz Silver

and just stick this note somewhere for 1 year.

Market should tank tomorrow, - yeah, just a feeling.. It's about time..

P.S

AUDUSD praying for help to survive at this levels... Somebody buy me

Good luck!
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #221,875
  • Apr 7, 2010 6:29pm Apr 7, 2010 6:29pm
push...push...
  • #221,876
  • Apr 7, 2010 6:30pm Apr 7, 2010 6:30pm
Quoting pipper
Thanks Mike, much appreciated
I'm not Mike (acumen) hehe, but your welcome!
  • #221,877
  • Apr 7, 2010 6:33pm Apr 7, 2010 6:33pm
Quoting Buckscoder
Yeah, I also sometimes use fibos. Plus other things to consider. The more puzzle pieces fit together, the better the r:r ratio, because the guys in the banks think the same way I guess.

Just for the record: My crazy brick drop trade now gives me an opportunity to buy a beer, but no ferrari, lol. It was not fair anyways. 0.1 pip to hit this sl and then a second later the price went 15 pips down.
lucky u man...i m on sidelines for eurusd...banking some nice pips on short eurjpy, gbpjpy..eurusd has been beating me sooo much..but breaking yesterdays low just might do it for me..but for that i wud close my eurjpy short...wonder whether its worth switching to eurusd now..plus not looking like breaking the low just yet...the fibo method is highly speculative since i have all levels on, plus all expansions both up and down..its gets messy..i m still in proccess of testing it my way..but again, more tools under the belt the better
  • #221,878
  • Apr 7, 2010 6:35pm Apr 7, 2010 6:35pm
eyes are tired from looking at screen all day. Thanks for the other indi you gave me last week too

Quoting 2+2=4ex
I'm not Mike (acumen) hehe, but your welcome!
Disclaimer: Check your 1m charts
  • #221,879
  • Apr 7, 2010 6:37pm Apr 7, 2010 6:37pm
That trendlines are active until broken makes very much sense to me:

Currencies react on a macroeconomic pattern and that always means short until very long term (historical) value of charts.

That's also why I look at this upper dw tl from 1.51 area down to the last weeks trial to break it. See it as a wall zone. As long as this wall don't breakes, the downward trend is still alive. Upmoves are only retracements then but no new singular trends. Underlying very long upwards trend still alive also, though. I guess. That's why shortselling goes fast and accumulating longs takes more time. I guess. There are several oscillators included in the price with different wave lengths.
Sometimes I lose. Sometimes the others win.
  • #221,880
  • Apr 7, 2010 6:40pm Apr 7, 2010 6:40pm
Quoting uraceulose
Hey Gator,

So even once complete, they are still valid until the new high/low is made?

Thanks,

Donnie
still working on it.. the incomplete ones yes, forever. complete ones no.. but remember targets become s/r... i dont know how long. the levels i got work better when we are in bear mode.. im sure there are bull levels. i just didnt plot them with that intention yet.. im working on it.. i do have nuetral ones from conseption plotted in a different way. im always trying to be precise.
those who can, do. those who cant, talk about those who can
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