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  • #246,021
  • Aug 16, 2010 10:15am Aug 16, 2010 10:15am
Quoting ams
not bad mate..I am also ditching it here...I've slightly better 100 :-)

I am covering here too, 15 mins from the close, we could well see a bit of profit taking here. It's been good.
  • #246,022
  • Aug 16, 2010 10:17am Aug 16, 2010 10:17am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
yup, it's profit at the end of the day not bad for few hours work..
I fee we will see 157 before the of today though but can't but bothered..


ta
ams


Quoting cloggie
I am covering here too, 15 mins from the close, we could well see a bit of profit taking here. It's been good.
  • #246,023
  • Aug 16, 2010 10:19am Aug 16, 2010 10:19am
Quoting ams
yup, it's profit at the end of the day not bad for few hours work..
I fee we will see 157 before the of today though but can't but bothered..


ta
ams

Yup, happy with the result, don't want to be greedy and it ending up in my broker's account.
  • #246,024
  • Aug 16, 2010 10:58am Aug 16, 2010 10:58am
Quoting fourxtrader
However, the 4h bubble could collapse further with a move downward which
would keep the daily in a tight compression formation for another big kaboom.
Last time the daily reached a CRS pattern, it then released for 2000 pips. (~01/21/10)

Dr. D.

Then again, here's a monthly compression chart which is primed
for a big move. Often the price will move back to the center of
the formation, either for a fakeout or for the completion of the CRS.

Dr. D.
Attached Image
  • #246,025
  • Aug 16, 2010 11:02am Aug 16, 2010 11:02am
Well leaving my stops wide wasnt so bad at all lol, wht a day hope everyone has made their pips, i am off GL
  • #246,026
  • Aug 16, 2010 11:03am Aug 16, 2010 11:03am
Here are some huge moves off of higher tf
compression patterns using the 4h and daily...
all initiated by a tight gathering of EMA's.

Dr. D.
Attached Images
  • #246,027
  • Aug 16, 2010 11:50am Aug 16, 2010 11:50am
Surprised nobody is picking a top yet, where's the fun in that?
  • #246,028
  • Aug 16, 2010 12:00pm Aug 16, 2010 12:00pm
4 a laugh 15728,15736,16054 errr...actually i'm just going with the trend, when she tops i hope i'm here to clock it. Errr.. um 16054?
All systems of divination, like music itself,work through patterns.
  • #246,029
  • Aug 16, 2010 1:13pm Aug 16, 2010 1:13pm
On all time frames, CRS: compression - release - separation of MMA (multiple moving average) patterns are occurring...
more often they are sequential wherein a lower tf, through the process of completing its cycle transfers energy to the
higher tfs. When observing this phenomenon, the first law of thermodynamic might explain and apply to the markets and
to price action as energy is neither created nor destroyed but can only be transformed from one state (or tf) to another (tf).

Under ideal conditions which is often the case on many tfs in any given session... a full gathering, compression, release,
separation and expansion of the MMAs as seen in a smaller tf chart will propel the price in a particular direction with sufficient
momentum to affect the chart pattern of an immediate higher tf. This in turn may cause another CRS pattern to fully mature
which can then release and lend or transfer its energy on further to yet another higher tf. In all cases the MMA's will respond
to the price action by either compressing or separating which could add to or negate the CRS formations on one of the higher
tfs while assisting yet another.

This transfer of energy may explains how patterns surrounding all higher tfs are built by the movements and actions occurring
in lower tfs. This is most vividly seen in consecutive tf patterns when they are in sync... each moving in harmony towards or
away from compression. A bubble that is collapsing as the move reaches an exhaustion phase comes as a result of a lower
tf reversing in it's pattern and moving in the opposite direction. A compression forming on a higher tf comes about by a lower
tf having previously formed into a compression and then released, separated and continued into expansion.

Dr. D.
  • #246,030
  • Edited 2:15pm Aug 16, 2010 1:19pm | Edited 2:15pm
salam all..
i got 4 op..
short GU,EU,AUD,NU.
GU,EU,AUD, sl now is on +ve..
waiting for NU to move SL to +ve...
hope i on there right track..

got 5 op now..
just added UCAD..
all looking great...
but still NU and UCAD sl on -ve..
still looking for right time to move sl to +ve
Revesal Trader
  • #246,031
  • Aug 16, 2010 2:31pm Aug 16, 2010 2:31pm
Are you sometimes feeling like a:

http://observateurnature.blog50.com/...ette-nt-08.jpg

LOL

GU in a no mans land!
"Flip that coin!"
  • #246,032
  • Aug 16, 2010 2:40pm Aug 16, 2010 2:40pm
Quoting Scipionz
Are you sometimes feeling like a:

http://observateurnature.blog50.com/...ette-nt-08.jpg

LOL

GU in a no mans land!
just drifting with usa market. light volume on the futures indexes
  • #246,033
  • Aug 16, 2010 4:05pm Aug 16, 2010 4:05pm
Compression - release patterns as seen here on the 5m chart
can be large enough to cause a higher tf (15m) to push past
a tight compression formation and result in a rollover pattern.

However, this same directional movement can transfer energy
up to the next higher tf (30m) assisting in its compression.

Dr. D.
Attached Images
  • #246,034
  • Aug 16, 2010 4:07pm Aug 16, 2010 4:07pm
A 5m retracement can cause another CRS pattern to
form as the cycle begins again. If the formation becomes
a tight gathering we could see another healthy move all
without another tf completing a compression pattern.

If the price remains in a range between the 144 (aqua)
EMA on the 30m and the high of the day, the 30m chart's
EMAs would continue their gathering which could produce
a larger price movement. Up off of the 5m or the 30m
would close the 1h further, down off of any of the above
would add to the compression formation on the 4h.

Dr. D.
Attached Images
  • #246,035
  • Aug 16, 2010 4:27pm Aug 16, 2010 4:27pm
Quoting fourxtrader
If the price remains in a range between the 144 (aqua)
EMA on the 30m and the high of the day, the 30m chart's
EMAs would continue their gathering which could produce
a larger price movement.... down off of any of the above
would add to the compression formation on the 4h.

Dr. D.
Ranges that would build strong CRS patterns on higher tfs.

Dr. D.
Attached Images
  • #246,036
  • Aug 16, 2010 5:37pm Aug 16, 2010 5:37pm
Anyone else seeing this possible Head and shoulders?
Attached Image (click to enlarge)
Click to Enlarge Name: H&S.png Size: 50 KB
  • #246,037
  • Aug 16, 2010 6:19pm Aug 16, 2010 6:19pm
Quoting fourxtrader
Compression - release patterns as seen here on the 5m chart
can be large enough to cause a higher tf (15m) to push past
a tight compression formation and result in a rollover pattern.

However, this same directional movement can transfer energy
up to the next higher tf (30m) assisting in its compression.

Dr. D.
Also, referred to as a 1 o'clock trade and other would be a 5 o'clock trade. Those do play out very nicely in most cases.
  • #246,038
  • Aug 16, 2010 6:55pm Aug 16, 2010 6:55pm
Quoting fourxtrader
Ranges that would build strong CRS patterns on higher tfs.

Dr. D.
The market plays no favorites.

Dr. D.
Attached Images
  • #246,039
  • Aug 16, 2010 7:10pm Aug 16, 2010 7:10pm
Quoting gilly
Also, referred to as a 1 o'clock trade and other would be a 5 o'clock trade. Those do play out very nicely in most cases.

1 o'clock and 5 o'clock angles of attack are dynamic for sure.
Show some chart examples... I'm not familiar with those terms.
Are we really talking of the same conditions that trigger such moves?

Compression patterns that play out are nice in all cases.

Dr. D.
  • #246,040
  • Aug 16, 2010 8:44pm Aug 16, 2010 8:44pm
Breaking above the open (1.5662) and a touch of the
H1 (1.5676)...
this little compression - release move off of a 1m chart
for 25 pips is a good direction for the 30m and the 1h
CRS formations, disruptive to the 5m, 15m... and is like
a gnat on an elephant for the higher tfs, 4h and daily.

Dr. D.
Attached Images
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