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Price is everything

  • #4,461
  • Nov 18, 2010 11:46pm Nov 18, 2010 11:46pm
Quoting anthoniex
thanks D.O and happy pipping! Still learning how to draw Sup/Dem level properly..
simple. if price leaves an area in a strong manner that is demand/supply. if it's not obvious, it's not important.
  • #4,462
  • Nov 18, 2010 11:49pm Nov 18, 2010 11:49pm
Quoting anthoniex
Price in Action...
EU. S/R level has been taken North. retest and bounce or drop?
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  • #4,463
  • Nov 19, 2010 1:07am Nov 19, 2010 1:07am
DO, great chart again, thanks. Which TF do you tend to use for your entries?
  • #4,464
  • Nov 19, 2010 1:15am Nov 19, 2010 1:15am
Hey guys how do you do?

Remember, today is Friday Dont overtrade.
  • #4,465
  • Nov 19, 2010 1:40am Nov 19, 2010 1:40am
Quoting PhAnTi'
Attachment
sl hit exactly this night....would've been nice 35 pips....target reached after

welcome to forex : )
Hero calls followed by margin calls...
  • #4,466
  • Nov 19, 2010 1:41am Nov 19, 2010 1:41am
Quoting PhAnTi'
short gu
Attachment

target around 6005, weak support there
6052 lvl sl
sl hit , 2 pips to tight....would've been another pretty cool 30 pips.... target hit after..

en conclusio = bigger sl next time,around 2-3 pips
Hero calls followed by margin calls...
  • #4,467
  • Nov 19, 2010 1:43am Nov 19, 2010 1:43am
Quoting T@rantula
Hey guys how do you do?

Remember, today is Friday Dont overtrade.
me doing pretty well actually...

but Friday = staying whole day at the university = unavoidable no trading
Hero calls followed by margin calls...
  • #4,468
  • Nov 19, 2010 1:56am Nov 19, 2010 1:56am
Quoting redsword11
Attachment



we are traders without all the jazz

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uj hit tg
  • #4,469
  • Nov 19, 2010 1:58am Nov 19, 2010 1:58am
Quoting redsword11
Attachment




uj hit tg


red what kind of sl do u usually use? strict value? or S+R levels? prev. candle high/low ?

kindly regards
Pha
Hero calls followed by margin calls...
  • #4,470
  • Nov 19, 2010 2:03am Nov 19, 2010 2:03am
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  • #4,471
  • Nov 19, 2010 2:04am Nov 19, 2010 2:04am
Quoting PhAnTi'


red what kind of sl do u usually use? strict value? or S+R levels? prev. candle high/low ?

kindly regards
Pha


sl determined by the price structure on left
  • #4,472
  • Nov 19, 2010 2:09am Nov 19, 2010 2:09am
Quoting redsword11
Attachment
u go long when pa breaks TL and short if TL holds?

sry for those questions....just wanna improve myself
Hero calls followed by margin calls...
  • #4,473
  • Nov 19, 2010 2:12am Nov 19, 2010 2:12am
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  • #4,474
  • Nov 19, 2010 2:14am Nov 19, 2010 2:14am
Quoting PhAnTi'
u go long when pa breaks TL and short if TL holds?

sry for those questions....just wanna improve myself

will try and answer with actual trades - its all in the moment as PA develops


can't say until PA shows me something l recognise
  • #4,475
  • Nov 19, 2010 2:16am Nov 19, 2010 2:16am
i'm long usdchf...

got Support and Trendline here, RSI confirms long, lets see hows doing...

SL 2-3 pips below support, target around 30 pips

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Hero calls followed by margin calls...
  • #4,476
  • Nov 19, 2010 2:17am Nov 19, 2010 2:17am
Quoting redsword11
will try and answer with actual trades - its all in the moment as PA develops


can't say until PA shows me something l recognise
alright, looking forward to it...

charts telling us more than 1000 words
Hero calls followed by margin calls...
  • #4,477
  • Nov 19, 2010 2:24am Nov 19, 2010 2:24am
I'm off and on the way to university with my #1000 post :

happy trading to u for this Friday, see ya later bros
Hero calls followed by margin calls...
  • #4,478
  • Nov 19, 2010 2:37am Nov 19, 2010 2:37am
WTF? Bernanke News? I hope everyone had their TP and SL set for that one.
I'm out and done for the weekend. Goodluck traders. S to D and D to S.
  • #4,479
  • Nov 19, 2010 4:03am Nov 19, 2010 4:03am
Will be looking for short at supply. Expecting possible strong reject given the test.
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Don't just be a sheep : make your own idea of it.
  • #4,480
  • Nov 19, 2010 4:14am Nov 19, 2010 4:14am
Thanks Kassec, been watching this all morning so far too..
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