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  • #242,881
  • May 17, 2010 1:55am May 17, 2010 1:55am
Quoting 2+2=4ex
Hello TC, according to the Sostratos chart you posted earlier, anything above 2408 is invalid for sell. I see you placed an order at 2428.
yes and I stand with the sell 2428 only because they say its invald doesnt mean anything to me. I will continue to sell every 100 to 200 pips till we are at 3500 hahahha ok thats a little to much. No I understand their reasoning of saying 2408 would make it invalid hence to pivot 2428. I have my sell there because of the pivot, should we get this high then we will bounce back from the pivot.... First we have to get above 2310 to actually get anything like a "baby bull" as fontu calls them .
Trade on your own risk Plan your trade&trade your plan dont be a
  • #242,882
  • May 17, 2010 1:55am May 17, 2010 1:55am
Quoting mahsam
Hi Fontu,

How far do u think we can fall..?? cuz I am short at 1.23 kinda cant figure out where to place my tp..?
help would be appreciated since I am a newbie

Mahsam
Nobody can know exactly but I think it should get rejection at the tops first again & all parties aggree then it go to the down to any level ,first towards 1.1630 and decisive any break direct to 0.85.
Anyway things can't be so smooth , if now try test the tops at 1.2330, 1.2456 bull can a life & easily go 1.29 to 1.31 before the real bear in mind to go to the lowest level for a short .if so will do .gap to fill for sure if really any in the system , mine see at 1,2379 .

Now price in a mini bull in the context of bear flag in the very strong bear market & so should be very difficult to have an order & stay cool . so scalping without loss .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #242,883
  • May 17, 2010 1:57am May 17, 2010 1:57am
Quoting TheLastCoke
I see a flag with a 115 pip pole with the ABCDE count completed. Can't see a triangle there.
hey coke what was ur entry or what can u recommend as an entry? Mine are 2343 and 2428 if it ever gets there. other wise eI mihgt have to put a sell atr 2300 in?
Trade on your own risk Plan your trade&trade your plan dont be a
  • #242,884
  • May 17, 2010 1:59am May 17, 2010 1:59am
Quoting Trading Cat
hey coke what was ur entry or what can u recommend as an entry? Mine are 2343 and 2428 if it ever gets there. other wise eI mihgt have to put a sell atr 2300 in?
Not touching E/U at the moment. Have mixed signals.
  • #242,885
  • May 17, 2010 2:00am May 17, 2010 2:00am
Quoting fontu
Nobody can know exactly but I think it should get rejection at the tops first again & all parties aggree then it go to the down to any level ,first towards 1.1630 and decisive any break direct to 0.85.
Anyway things can't be so smooth , if now try test the tops at 1.2330, 1.2456 bull can a life & easily go 1.29 to 1.31 before the real bear in mind to go to the lowest level for a short .if so will do .

Now price in a mini bull in the context of bear flag in the very strong bear market & so should be very difficult to have an order & stay cool ....
Add possible baby H&S on the 1M into your scenario. Question is, will it be enough to kick off continuation.
  • #242,886
  • May 17, 2010 2:02am May 17, 2010 2:02am
Quoting Trading Cat
yes and I stand with the sell 2428 only because they say its invald doesnt mean anything to me. I will continue to sell every 100 to 200 pips till we are at 3500 hahahha ok thats a little to much. No I understand their reasoning of saying 2408 would make it invalid hence to pivot 2428. I have my sell there because of the pivot, should we get this high then we will bounce back from the pivot.... First we have to get above 2310 to actually get anything like a "baby bull" as fontu calls them .
Makes perfect sense. Like your style.

EDIT: looks like baby bull might get going here. I'm deleting my limit orders and going to manually place trades as soon as 2321 and all the way up depending on how fast/slow price takes.
  • #242,887
  • May 17, 2010 2:02am May 17, 2010 2:02am
Quoting fontu
Nobody can know exactly but I think it should get rejection at the tops first again & all parties aggree then it go to the down to any level ,first towards 1.1630 and decisive any break direct to 0.85.
Anyway things can't be so smooth , if now try test the tops at 1.2330, 1.2456 bull can a life & easily go 1.29 to 1.31 before the real bear in mind to go to the lowest level for a short .if so will do .gap to fill for sure if really any in the system , mine see at 1,2379 .

Now price in a mini bull in the context of bear flag in the very strong bear...
Hi,

Hmmm so I guess having a sell limit at the 1.2335 level isint strong enough right..?

mahsam
  • #242,888
  • May 17, 2010 2:04am May 17, 2010 2:04am
Quoting cagriguler
Short @ 1.2360

SL: 1.2500
TP: 1.2260



Good Luck.
+100 pips Today
  • #242,889
  • May 17, 2010 2:06am May 17, 2010 2:06am
Quoting cagriguler
+100 pips Today
Nice one but the RR ratio ain't good
COT: The precious data ignored
  • #242,890
  • May 17, 2010 2:06am May 17, 2010 2:06am
Quoting TheLastCoke
Not touching E/U at the moment. Have mixed signals.
thanks man that is what I have all the time, but need to take action any way. I got my soldiers in position and they will get into action or not, anything is possible all the time in forex.
Thanks again and hope you didnt mind me asking before.
All the best,
Tcat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #242,891
  • May 17, 2010 2:09am May 17, 2010 2:09am
Quoting kuroro001
Nice one but the RR ratio ain't good

Attached Image (click to enlarge)
Click to Enlarge Name: Ekran Al?nt?s?.JPG Size: 58 KB
  • #242,892
  • May 17, 2010 2:09am May 17, 2010 2:09am
Quoting kuroro001
Nice one but the RR ratio ain't good
My account 50K OK!!
  • #242,893
  • May 17, 2010 2:10am May 17, 2010 2:10am
Quoting 2+2=4ex
Makes perfect sense. Like your style.

EDIT: looks like baby bull might get going here. I'm deleting my limit orders and going to manually place trades as soon as 2321 and all the way up depending on how fast/slow price takes.
nice one hope it'll work out, just put on a fibo to check how fax amx we could go up 2770 would be 61,2% 0 absolute max up. Right now I highly doubt we get to 2660(50%) from last weeks high. Well should be get above 2500 I will hedge my positions and take her up to 2660 and 2770 otherwise short her till no tomorrow
Trade on your own risk Plan your trade&trade your plan dont be a
  • #242,894
  • May 17, 2010 2:13am May 17, 2010 2:13am
Possible minute pa.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #242,895
  • May 17, 2010 2:13am May 17, 2010 2:13am
Quoting kuroro001
Nice one but the RR ratio ain't good
It's fine if he has a high enough winrate. He'd need a little less than 60% to breakeven, so 65% is okay, and 70%+ is making plenty.
  • #242,896
  • May 17, 2010 2:13am May 17, 2010 2:13am
Quoting cagriguler
+100 pips Today
Jesus Christ. I only took 60 pips.

By the way, I'm not bragging because I've had losses for a while. There's a couple of things I find funny though. After 37 books and 24 videos on trading and examining and testing ideas for 18 months, I finally decided on a method just last Friday. And the really funny thing is, some of the charts here already contain some of the methods I know I want to use. The odd thing is, if someone would have tried to convince me to consider those methods just a few days ago, I wouldn't have listened. I had to see the weaknesses of certain methods for myself to be convinced.

Since some of the charts here I think are pretty "smart", I know I'm in good company on this forum knowing at least some of you must be profitable.
  • #242,897
  • May 17, 2010 2:13am May 17, 2010 2:13am
Quoting Trading Cat
thanks man that is what I have all the time, but need to take action any way. I got my soldiers in position and they will get into action or not, anything is possible all the time in forex.
Thanks again and hope you didnt mind me asking before.
All the best,
Tcat
If I find anything relevant enough to trade it, I'll post it.
  • #242,898
  • May 17, 2010 2:14am May 17, 2010 2:14am
waiting to see what 23201 says.. may be rejection here
those who can, do. those who cant, talk about those who can
  • #242,899
  • May 17, 2010 2:19am May 17, 2010 2:19am
Quoting clambill
Flag count? Where did you read that? I read Getting Started in Technical Analysis by Jack Schwager.
Here you go. ''Flag counts by TheLastCoke''

Attached Image


#242904
  • #242,900
  • May 17, 2010 2:23am May 17, 2010 2:23am
Quoting TheLastCoke
Here you go. ''Flag counts by TheLastCoke''

Attachment

#242904
Thanks, looks pretty cool.
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