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  • #239,641
  • Jul 20, 2010 1:42pm Jul 20, 2010 1:42pm
Must go now
Catch u tomorrow
I like this Part from movie mummy
http://www.wat.tv/video/the-mummy-pr...5d_2gaf5_.html
  • #239,642
  • Jul 20, 2010 1:45pm Jul 20, 2010 1:45pm
Quoting egkid
Last drop shooting star on 15 min ,i see it as last call for long

How about a shooting star on the 1Hr. because of the time I did not want to take this short. I guess it is back down to the pivot area. Once again I will be looking to buy at a better price.

Enjoy and catch ya back here later.....
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,643
  • Jul 20, 2010 1:48pm Jul 20, 2010 1:48pm
Quoting kill56
not bad at all watch the 15290's we might retrace from here
i was wrong but it was a nice 40 pips
  • #239,644
  • Jul 20, 2010 2:41pm Jul 20, 2010 2:41pm
Too calm in this room !! lol
No Signal, No Trade. No fundamenals, No headache.
  • #239,645
  • Jul 20, 2010 2:51pm Jul 20, 2010 2:51pm
Quoting mloistianto
Bro, i dont think we will stop here.. weekly is bullish anyway..
I imagine so...that was a pretty heavy dose of venom administered in early NY trading...so yeah the effect should be somewhat longer-lasting (at least extending overnight)
Hear the music before the song is over ...
  • #239,646
  • Jul 20, 2010 3:14pm Jul 20, 2010 3:14pm
Quoting Purple
short euro from 129.05
Nice one Purple.

I can't see any support until 1.2669 where it will meet the 100 EMA. (4h chart)
After checking S/R on daily line chart, I couldn't find better place than 1.2936 for my SL

Damonl, thanks for the advice to watch this thread. I appreciate it.

Regards, Zoreli
  • #239,647
  • Jul 20, 2010 4:09pm Jul 20, 2010 4:09pm
Quoting GlobalMacro
I imagine so...that was a pretty heavy dose of venom administered in early NY trading...so yeah the effect should be somewhat longer-lasting (at least extending overnight)
Last week candle was bullish and I agree with more up move.I would like to see it at 1.5235 before I go long again.Here is my weekly chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 4hr weekly.gif Size: 19 KB
Please ask questions and share your experiences with us all!
  • #239,648
  • Jul 20, 2010 4:48pm Jul 20, 2010 4:48pm
Quoting bkg102665
Last week candle was bullish and I agree with more up move.I would like to see it at 1.5235 before I go long again.Here is my weekly chart.
Indeed. A touch again to this area and the 200ema (1.5225) before moving
upward would bring symmetry and completion to an inverted HSH formation.

Dr. D.
Attached Image
  • #239,649
  • Jul 20, 2010 5:02pm Jul 20, 2010 5:02pm
Quoting bkg102665
Last week candle was bullish and I agree with more up move.I would like to see it at 1.5235 before I go long again.Here is my weekly chart.
I think your chart is of EurJpy....
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,650
  • Jul 20, 2010 5:04pm Jul 20, 2010 5:04pm
Quoting fourxtrader
Indeed. A touch again to this area and the 200ema (1.5225) before moving
upward would bring symmetry and completion to an inverted HSH formation.

Dr. D.

Agreed you guys, but I am looking even a bit lower at 1.5210 area. Chart coming in a bit....
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,651
  • Jul 20, 2010 5:10pm Jul 20, 2010 5:10pm
daily pattern...should go to 61.8% fib??
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd dailysearch pattern2.gif Size: 45 KB
  • #239,652
  • Jul 20, 2010 5:21pm Jul 20, 2010 5:21pm
Quoting damonl
I think your chart is of EurJpy....
Yeah I took it off, dont know what I was thinking but anyway it was a good chart if you are playing eur/jpy
Please ask questions and share your experiences with us all!
  • #239,653
  • Jul 20, 2010 5:27pm Jul 20, 2010 5:27pm
Quoting zoreli
Nice one Purple.

I can't see any support until 1.2669 where it will meet the 100 EMA. (4h chart)
After checking S/R on daily line chart, I couldn't find better place than 1.2936 for my SL

Damonl, thanks for the advice to watch this thread. I appreciate it.

Regards, Zoreli
Ya, 129.36 is definately a better safer SL point, but I moved SL to BE and am letting this one float. I just hope it dosent trigger my SL before London cos it would trigger an alarm on cell making me get up at 6 in morning for london open, looking to sell again, searching for better price and things like that again.

Ideally in a perfect world, it should break yesterdays low before london open to see it go to 126.80 area straight from here. but its perfect only when noone expects it to be perfect.
  • #239,654
  • Jul 20, 2010 5:34pm Jul 20, 2010 5:34pm
Hello,

Once again, based on the weekly close, I am looking to buy dips. Will gladly take a short position however if a good opportunity comes around.

Today we saw solid support around monthly support at 1.51582 with confluence with the 100SMA 4H chart. Current 1H chart has the initial look like will have an Inverse H&S formation, but we will need to see some downward movement first for that to play out today. Who knows might just bull through, but in the way is the 100 SMA, and it won't be able to mess around with it. It will either bull through it with authority or it will come down first.

Lower target for me to take this longer is back down at the 200SMA at around 1.52100 right now.

Price action is king. Price will find solid support or resistence, decrease in volume and start looking for confluencing signals on multiple TF's.

Happy Pipin'!

I have these S/R, TL's and Channel points to keep my eye on today. Enjoy! There are more higher and lower, but these should be the points in play today.

With the weekly bullish outside bar I have trouble believing this won't at least pop it's head out above that high sometime this week, before whatever..... Just future trippin a bit with all the circles, but hey, it is fun

I have daily S/R @

1.54723
1.53520
1.52902
1.52215
1.51456
1.50986
1.50177

I have daily TL Crossings @

1.54508
1.54133
1.52691
1.52453
1.52158
1.51566

I have Daily Channel Lines @

1.51289

I have Weekly S/R @

1.57749
1.55670
1.53338
1.50644

I have Weekly TL Crossings @

1.58170
1.54853
1.52870
1.51942
1.49986
1.49436

I have Weekly Channel Lines @

1.52130


I have Monthly S/R @

1.57350
1.54040
1.51584
1.48060

I have Monthly TL Crossings @

1.57804
1.53847
1.51394
1.51180

I have Monthly Channel Lines @

None Relevant.

Attached Image (click to enlarge)
Click to Enlarge Name: h1.gif Size: 37 KB


Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 39 KB
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,655
  • Jul 20, 2010 5:35pm Jul 20, 2010 5:35pm
Quoting bkg102665
Yeah I took it off, dont know what I was thinking but anyway it was a good chart if you are playing eur/jpy

Might be worth looking at, things are getting tight up there.
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,656
  • Jul 20, 2010 6:00pm Jul 20, 2010 6:00pm
Navin is deadlier than AIDS

Everyone is in the Bull camp now
  • #239,657
  • Jul 20, 2010 6:30pm Jul 20, 2010 6:30pm
Quoting mygoldenpips
if u think i jokeing or bluffing..
here there proff..
balance now 1023.60usd..with 100usd capital
or do u need acc number and investor password to see it?
kindly PM me..
This my friend is some kick ass trading.

A lot more brass then I got...

All kudos to ya!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #239,658
  • Jul 20, 2010 7:12pm Jul 20, 2010 7:12pm
Quoting Magix
This my friend is some kick ass trading.

A lot more brass then I got...

All kudos to ya!
It is, but I would like him to use the same risk with a 10K account or more. I bet he won't.. risking 100 is one thing risking 10K or more is another.
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,659
  • Jul 20, 2010 7:17pm Jul 20, 2010 7:17pm
These time frames are showing sequential compression pattern formations. The wide array of EMA's on 15m,
30m and 1hr have been gathering into relative flat compressed formations preparatory to an imminent explosive
release should they mature.

The potential energy forming in each of the lower tf then transfers and contributes to the kinetic energy of release
of the higher tf's where upon the EMA's explode apart producing a violent and often vertical price movement.

Rarely do we see several tf's form and release in simultaneous harmony.

Almost unnoticed and often (frequently) each hour, the smallest of tf's go into compression and then release. Each
chart will go thru this energy build-up, but only release rapidly for a significant number of pips (relative to the tf)
if the compression pattern fully matures. Obviously the smallest of tf's gather, build, trigger and release multiple
times per hour; whereas, the highest tf's may require days or weeks to form (or never form) to fulfill the fullest
measure of their creation. (lol) The sec charts complete this cyclical rhythm every few minutes.

Realizing that any price movement on one tf influences the movement of EMA on another higher tf.... a sustained
direction of price movement may draw the EMA's together on some tf charts while the same movement might pull
the EMAs apart on other tf charts.

To see several tf's such as the 15m, 30m and 1h all form together into the perfect storm is seldom seen. The sum
of their energies will produce larger pip totals in price movement.

Interestingly, if a larger tf goes into compression and fully matures releasing it's energy (which is gathered and
collected from the lower tf's) it will more often produce larger pip totals than a smaller tf compression - release.
The same is true in physic where the kinetic energy of a moving object is equal to 1/2 of the mass of the object
times the square of the speed of that object. The greater the mass, the greater the energy once it comes into
motion. Consider that the larger tf's have larger mass as they have built up the collective energies from the lower
tf's. One would then suppose that the larger tf's will have greater inertia due to the greater mass once they begin
their movement. The price will continue and the momentum will be hardest to slow down.

It hard to get excited when a 5s or even 1m or 5m chart goes into compression for the relative mass is smaller
and the sustained affect on price will be limited accordingly.

To orchestrate the perfect storm would require the 1h chart to pull just enough on the 30m to draw her EMA's
further together but not become so extended that it separates itself. The two (30m and 1h) need also to drop
below the compression points so as to prevent the 15m from releasing. Actually the action sequence is really in
the reverse. The 15m needs to drop and oscillate above and below the 144ema and stay in a tight formation whilst
(learned that from the UK bretheren) the 30m and 1h continue to do their thing.

Dr. C.
Attached Images
  • #239,660
  • Jul 20, 2010 7:20pm Jul 20, 2010 7:20pm
Quoting damonl
It is, but I would like him to use the same risk with a 10K account or more. I bet he won't.. risking 100 is one thing risking 10K or more is another.
This damon, is a state of mind and I will agree, not an easy one to overcome.

Take a look at what we have seen over the last couple days, from navins gains on the year vs what goldenpips did in a night...

Surely what we are looking at is 2 extremes, but does this mean that gp couldn't be successful on another level?

I think you need to ask the same question navin asked digger, and see what is possible once you are more comfortable with the trades.

In all honesty, I am not at the digger or gp extremes but not at the nav level either...right now, comfortably somewhere in between, but growing and gaining daily.

Not telling anybody how they should trade, but will continue to encourage those who are comfortable at whatever level they are at.

It is all perspective.

What makes more sense, somebody who risks a $100 to make a $1000 or somebody who holds a $50k account to churn a couple hun in an evening.

Not for you nor I to say until or unless we are making these decisions on our own money.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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