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  • #284,381
  • Aug 20, 2010 1:13pm Aug 20, 2010 1:13pm
Quoting rattyo
Dhead

I have a short still running from 13050 on this pair and one on cable from 15820

I see red daily candles and 2 weekly reds,,
Quite clearly rattyo, if you can understand english I was making small timeframe adjustments and retracements. If that goes against your long term assumption, it gives you know right to call me the dickhead when you have just lost 32 or more pips aganst your trend....I am here to give my opinon and my opinon only. At least some people could understand that. I don't need 10,000 posts before something should be noticed.

I am here for the social aspect and a bit of fun.
  • #284,382
  • Aug 20, 2010 1:14pm Aug 20, 2010 1:14pm
Quoting malcolmb14
not to get involved but who is talking out their arse now ?


http://www.forexfactory.com/showpost...stcount=284020

and then you say above you have a short running

Get it right ...and stop being so rude to others.

Maybe they trade a 15 min chart and nothing goes down in a straight line, most of this week i played the range in gu for a very nice week indeed.

EU came down exactly to 21 days range limit ( 160 pip off london high ) , saw stopping vol and then a shake out with volume at 1.2675 , 20 pip stop produces...
thanks Malcolm.
  • #284,383
  • Aug 20, 2010 1:14pm Aug 20, 2010 1:14pm
DX on 4h made double top And " N shape " and i don't like it, I wounder if we can go higher with DX before today close and still waiting to see e/u go down More

Any way I locked good profit and my current Position "Half of my position" SL@BE because weekend.
Was expecting 1.26 by today but seems i was wrong
  • #284,384
  • Aug 20, 2010 1:14pm Aug 20, 2010 1:14pm
why is CHF(EUR) not recovering ?
  • #284,385
  • Aug 20, 2010 1:14pm Aug 20, 2010 1:14pm
Quoting sisse
With the week ready to close I update the weekly / daily charts. I think my outlook is self explanatory.

sisse
Sisse.. I absolutely loved the charts your posted. Neat and clean charts. Love how you label your weekly candles.

*thumbs up*
  • #284,386
  • Aug 20, 2010 1:16pm Aug 20, 2010 1:16pm
easy with the language guys
  • #284,387
  • Aug 20, 2010 1:17pm Aug 20, 2010 1:17pm
chart for the valid reasons for the counter trend long that evcery one is debating

One thing i have learnt in fx , is if a pair completes its 21 day average range do not try and go agianst that trend , even if it does look sexy for a few pips.... but that is just me

The fact that the pros marked price down thru 1.2730 today by 50 pip is pretty bearish to me , they do this to lock in traders that would otherwise be tkaing profits or buying aginast them and is a sign that lower prices are yet to come .

This is all vsa mumbo jumbo ... so not sure it will make complete sense...

I will just wait till rsx turn red , with vsa sell set up to bak it up for the next 150 pip move down to complete days range ( assuming that wave 3 has started ) ... target 1.22 ish

Attached Image (click to enlarge)
Click to Enlarge Name: chart02 au.jpg Size: 162 KB







Quoting malcolmb14
not to get involved but who is talking out their arse now ?


http://www.forexfactory.com/showpost...stcount=284020

and then you say above you have a short running

Get it right ...and stop being so rude to others.

Maybe they trade a 15 min chart and nothing goes down in a straight line, most of this week i played the range in gu for a very nice week indeed.

EU came down exactly to 21 days range limit ( 160 pip off london high ) , saw stopping vol and then a shake out with volume at 1.2675 , 20 pip stop produces...
Blogging daily now at www.volume.zone
  • #284,388
  • Aug 20, 2010 1:17pm Aug 20, 2010 1:17pm
Quoting Eren10
why is CHF(EUR) not recovering ?
why did euro piss me off last week?
  • #284,389
  • Aug 20, 2010 1:19pm Aug 20, 2010 1:19pm
Quoting Eren10
why is CHF(EUR) not recovering ?
The best we can hope for is a bullish engulfing pattern to finish the week and maybe make some gains next week...its definitely one to watch.
  • #284,390
  • Aug 20, 2010 1:19pm Aug 20, 2010 1:19pm
Quoting AusPunter79
thanks Malcolm.

At the moment I have a lot of trades running. What I mean is I have no trdaes running this AM.....new trades..I day trade aswell..
rat
  • #284,391
  • Aug 20, 2010 1:21pm Aug 20, 2010 1:21pm
Quoting qwertymyfx
why did euro piss me off last week?
Because u need to do more Homework
It sometime happen to most of us
  • #284,392
  • Aug 20, 2010 1:21pm Aug 20, 2010 1:21pm
Quoting AusPunter79
all the doubters have gone quiet all of a sudden, if we push past this next resistance, there could be a move of over 50 pips up...what happened to all the negativity from earlier????

must have been the 5%.
I think you misunderstand my friend,people were not negative they were positive due to price action the main move was down.
A lot of inexperience people come here for advice.
So a counter trend move is more risky and only for experienced traders that feel lucky.
But most taking that advice even if correct would lose real money.
counter trend you need be certain were to get out.
With the trend better odds of success.
Just trying to help,happy pip farming.
making green pips large and red pips small this is my goal.
  • #284,393
  • Aug 20, 2010 1:22pm Aug 20, 2010 1:22pm
Quoting malcolmb14
chart for the valid reasons for the counter trend long that evcery one is debating

One thing i have learnt in fx , is if a pair completes its 21 day average range do not try and go agianst that trend , even if it does look sexy for a few pips.... but that is just me

The fact that the pros marked price down thru 1.2730 today by 50 pip is pretty bearish to me , they do this to lock in traders that would otherwise be tkaing profits or buying aginast them and is a sign that lower prices are yet to come .

This is all vsa mumbo jumbo ... so not...
Are the red lines showing divergence with price and volume?
  • #284,394
  • Aug 20, 2010 1:23pm Aug 20, 2010 1:23pm
Quoting rattyo
At the moment I have a lot of trades running. What I mean is I have no trdaes running this AM.....new trades..I day trade aswell..
rattyo, no hard feelings...I can forget this if your willing, I know the new guy gets the pressure when he comes along, im not here to put people down, I here for the enjoyment of trading and hopefully make a dollar or two.
  • #284,395
  • Aug 20, 2010 1:23pm Aug 20, 2010 1:23pm
Quoting malcolmb14
This is all vsa mumbo jumbo ... so not sure it will make complete sense...

I will just wait till rsx turn red , with vsa sell set up to bak it up for the next 150 pip move down to complete days range ( assuming that wave 3 has started ) ... target 1.22 ish

Attachment
What is "vsa"?
  • #284,396
  • Aug 20, 2010 1:24pm Aug 20, 2010 1:24pm
Quoting egkid
Because u need to do more Homework
It sometime happen to most of us
it was a good week and a bad week . I prefer press sell button MOnday come back collect 500 pip friday lol

this week it was buy sell buy sell buy sell .... no sleep ... alerts every 12 hrs going off .... to much chart time ...etc etc

range trading can be the easiest and the hardest things ... if you do not realize it is a range quickly.

I noted in GU thread that is was going to be an easy week on gu as it was going into that 1.5550 to 1.5650 range we had on the left side before spike up .... and it was .. just a lot of screen time
Blogging daily now at www.volume.zone
  • #284,397
  • Aug 20, 2010 1:25pm Aug 20, 2010 1:25pm
i call it chicken bone reading

Quoting Hdkr
What is "vsa"?
dreams do come true.
  • #284,398
  • Aug 20, 2010 1:25pm Aug 20, 2010 1:25pm
Quoting paul1
I think you misunderstand my friend,people were not negative they were positive due to price action the main move was down.
A lot of inexperience people come here for advice.
So a counter trend move is more risky and only for experienced traders that feel lucky.
But most taking that advice even if correct would lose real money.
counter trend you need be certain were to get out.
With the trend better odds of success.
Just trying to help,happy pip farming.
thanks paul1, at least you explained the whole picture before condeming me....I see that some advice can be taken as gospel now and I should play on the safe side of caution within this forum.
  • #284,399
  • Aug 20, 2010 1:26pm Aug 20, 2010 1:26pm
Ciao Guys,I have not posted anything for a while but it does not mean that I have not taken profit from your advice. I was sure that it would go lower, so I have a short from 2686, in the hope it reaches 2650. do you think I should get out now in order not to lose more? I do not want to keep it over the weekend, I have only bad experience to keep it over the weekend. Thanks and have a nice and relaxing weekend.
  • #284,400
  • Aug 20, 2010 1:29pm Aug 20, 2010 1:29pm
Malcom,

(since ur here) right now is a little like reading the noise but seems like a nice short setup on the 5m. very tight sl to see what it gives. end of day and week, a little bit oversold but... am taking it if my confirmation candle comes up.

hapipipin
dreams do come true.
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