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  • #316,021
  • Oct 29, 2010 1:52am Oct 29, 2010 1:52am
I haven't made any trade in last two days, because frankly I have no idea what's the overall bias. PA on 4h is ranging. Without any clear signal I'm not going to enter neither long nor short. Maybe today, last tradable day of the month, something will happen.

Until then - I'm sitting tight.
  • #316,022
  • Oct 29, 2010 1:58am Oct 29, 2010 1:58am
Quoting Pipwanderer
lets see what the hourly close will bring..closes as a bullish engulfing, longs might be in action
Not necessarily ...look a bearish engulfing candle yesterday...everyone was short after that...most of people dont wait for a confirmation and they get burned.

Even its a bullish engulfing candle, it doesnt mean it will go up...but it might
COT: The precious data ignored
  • #316,023
  • Oct 29, 2010 1:58am Oct 29, 2010 1:58am
Quoting Z3iz3i
Morning.

The range i suggested yesterday (1.3850/60 - 1.3950/60) is on play.

No point to open a trade unless seeing clear setup because swings might get you.

Battle of 1 hour close around 1.39 which should give direction with same time London open.
yes.. i'm agree
MM system the best..
  • #316,024
  • Oct 29, 2010 1:58am Oct 29, 2010 1:58am
Quoting realdestina
do you mean LONG or Short friend....
a long would of been good r/r there.. you could be at be now.. but 71 may not hold.. its a bigger # longer term then it appears. its up to the pa now. we are at a crossroad.
those who can, do. those who cant, talk about those who can
  • #316,025
  • Oct 29, 2010 1:59am Oct 29, 2010 1:59am
I smell a short set up....
Look Sharp/Trade Tight
  • #316,026
  • Edited 2:13am Oct 29, 2010 2:01am | Edited 2:13am
short 3881, sl 3905, tp 3861...
Look Sharp/Trade Tight
  • #316,027
  • Oct 29, 2010 2:02am Oct 29, 2010 2:02am
Quoting The Fool
if I know Frankie he'll try to pull us back to the whole
good boy, 1.38 on the way
"If The Fool persists in his Folly he will become wise." - William Blake
  • #316,028
  • Oct 29, 2010 2:05am Oct 29, 2010 2:05am
Quoting The Fool
good boy, 1.38 on the way

Behaving itself a bit better now TF...it does like to tease eh?
  • #316,029
  • Oct 29, 2010 2:05am Oct 29, 2010 2:05am
Quoting PayTheLimit
short 3881, sl 3905, tp 3961...
Good luck mate...hope it goes in your way
Still no trades here ...i dont like hourly PA...the last attempt to go higher is not looking good for me
I will wait for the end this new hour
COT: The precious data ignored
  • #316,030
  • Oct 29, 2010 2:05am Oct 29, 2010 2:05am
God save the Queen.
  • #316,031
  • Oct 29, 2010 2:06am Oct 29, 2010 2:06am
Quoting PayTheLimit
I smell a short set up....
I always listen to feeling indicator on the thread but Smell looks new to me
Can u post that indicator Bro
Good morning
  • #316,032
  • Oct 29, 2010 2:06am Oct 29, 2010 2:06am
Quoting kuroro001
Good luck mate...hope it goes in your way
Still no trades here ...i dont like hourly PA...the last attempt to go higher is not looking good for me
I will wait for the end this new hour
thanks, hope you see something you like K...
Look Sharp/Trade Tight
  • #316,033
  • Oct 29, 2010 2:07am Oct 29, 2010 2:07am
Eugh, flipped my position with -1 pip, going short again... I don't like this market at all tonight.
  • #316,034
  • Oct 29, 2010 2:07am Oct 29, 2010 2:07am
Quoting PayTheLimit
I smell a short set up....
Looked like a Big Ben strategy. I dont know if its valid but just 1hr close failed.
They think they are smarter than I am.
  • #316,035
  • Oct 29, 2010 2:09am Oct 29, 2010 2:09am
Quoting PayTheLimit
short 3881, sl 3905, tp 3961...
Your short tp is higher than your entry
  • #316,036
  • Oct 29, 2010 2:10am Oct 29, 2010 2:10am
Quoting egkid
New day begun
who's long and who's short i write down the names
Catch u later
Now there is a problem the guys on sideline where should i write their name
  • #316,037
  • Oct 29, 2010 2:12am Oct 29, 2010 2:12am
rejection from 61.8 fib now 38.2
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  • #316,038
  • Oct 29, 2010 2:12am Oct 29, 2010 2:12am
Quoting egkid
I always listen to feeling indicator on the thread but Smell looks new to me
Can u post that indicator Bro
Good morning
Good morning to you too. If I get a chance later I see if I can write an indicator for you. . It wont smell good though....
Look Sharp/Trade Tight
  • #316,039
  • Oct 29, 2010 2:12am Oct 29, 2010 2:12am
morning,

could be a nice buy at that area if the 4h up line of the triangle is the goal for today...


two 4h bars very negative a dozenth 1h and 15 min.. this buy is totally against price action but if confirmation comes...


Attached Image
  • #316,040
  • Oct 29, 2010 2:14am Oct 29, 2010 2:14am
Quoting egkid
Now there is a problem the guys on sideline where should i write their name
lol
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