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  • #330,381
  • Nov 22, 2010 10:51am Nov 22, 2010 10:51am
Quoting PayTheLimit
I'm looking for a 15min close under 3633/36 to trigger the next leg lower...
s/b resistance now...
Look Sharp/Trade Tight
  • #330,382
  • Nov 22, 2010 10:52am Nov 22, 2010 10:52am
Quoting Merry
It was a Crab !

& Tp1 has been hit !


Quoting Merry
Gone Long for 120 pips !


http://cdn.forexfactory.com/images/s...m/thumbsup.gif

You keep alternating posts Long and Short and then call one a winner and ignore the other one?

At least delete one of 'm before you start to BS us here collectively, you are obviously not very bright, but you must think we have the collective IQ of rabbits.
  • #330,383
  • Nov 22, 2010 10:52am Nov 22, 2010 10:52am
Quoting Merry
It was a Crab !

& Tp1 has been hit !

What happened to this?



Quoting Merry
Gone Long for 120 pips !


http://cdn.forexfactory.com/images/s...m/thumbsup.gif
  • #330,384
  • Nov 22, 2010 10:53am Nov 22, 2010 10:53am
Quoting cloggie
You got it, still not quite sure though why you pick the bottom so early and then stare at your screen for an hour to see if it holds, wouldn't it be a lot easier and more relaxed to trade what is confirmed?
Hey Cloggie,

I managed to nab this one too @ 3601... I was also looking at 13611 though
But I find that since I'm doing this at work with prying eyes, I also have to wait time intervals of the 15min variety.

Any suggestions on what to look for in confirmation? eg. 611 broken, retested and found support at 611, then LONG @ 611 + 5 pips? Or something like that?

Cheers in advance,

Vlad
A pip is only worth it if you know how much you risked to earn it
  • #330,385
  • Nov 22, 2010 10:53am Nov 22, 2010 10:53am
Quoting cloggie
You got it, still not quite sure though why you pick the bottom so early and then stare at your screen for an hour to see if it holds, wouldn't it be a lot easier and more relaxed to trade what is confirmed?
Guess I'm afrAid I miss the move... And that I'll get a shitty entry... Guess that's stupid though! Lots of trading opportunity, need to just let things happen!
@pawpaw1000 on Twitter
  • #330,386
  • Nov 22, 2010 10:54am Nov 22, 2010 10:54am
This looks like a healthy bottom... Turned around at supply area if u look at 15m on left...

Will wait now for couple of candles to see how it reacts when low get tested again....
  • #330,387
  • Nov 22, 2010 10:55am Nov 22, 2010 10:55am
Quoting pawpaw1000
Guess I'm afrAid I miss the move... And that I'll get a shitty entry... Guess that's stupid though! Lots of trading opportunity, need to just let things happen!

So next time, don't be afraid to miss the move but add 5% of size to the confirmed move and that will more then make up for not picking your bottom exactly, trading will be more relaxed and you will end up with more profit then what you are doing now.

Every close so far on the M5+ has barely skirted 3611, so the move up from the bottom is barely confirmed, a bit too fragile for my liking. Just wait to see what the next hourly does. Keep in mind that the last bit of the hourly can always have a bit of a rally only to drop of as soon as the next hourly opens.
  • #330,388
  • Nov 22, 2010 10:58am Nov 22, 2010 10:58am
Quoting Merry
It was a Crab !

& Tp1 has been hit !

crabs, bats, butterflies....LOL I didnt know we are in a horror movie
  • #330,389
  • Nov 22, 2010 10:59am Nov 22, 2010 10:59am
Quoting cloggie
You keep alternating posts Long and Short and then call one a winner and ignore the other one?

At least delete one of 'm before you start to BS us here collectively, you are obviously not very bright, but you must think we have the collective IQ of rabbits.

I had 2 pending Orders 4 Long & 1 of them has been activated while still have my short order ( more than 150 pips in profit ) & will keep it till final Target.
  • #330,390
  • Nov 22, 2010 10:59am Nov 22, 2010 10:59am
Quoting cloggie
So next time, don't be afraid to miss the move but add 5% of size to the confirmed move and that will more then make up for not picking your bottom exactly, trading will be more relaxed and you will end up with more profit then what you are doing now.
Ahaa... Thanks cloggs! Always great to get your advice need to look into that, even if it means I trade less...

Must say. Propably would've been tempted to long off previous low had I not learnt that support usually gets tested twice at least and that ny likes to make a new high / Low ;-)

Edit: see what you mean with pa not being confirmed yet! H1 closed indecisive and M30 also didn't close as anticipated!!!
@pawpaw1000 on Twitter
  • #330,391
  • Nov 22, 2010 10:59am Nov 22, 2010 10:59am
You Gotta love , Merry !!
  • #330,392
  • Nov 22, 2010 10:59am Nov 22, 2010 10:59am
Quoting cloggie
You got it, still not quite sure though why you pick the bottom so early and then stare at your screen for an hour to see if it holds, wouldn't it be a lot easier and more relaxed to trade what is confirmed?

So we are looking a positive candle close on the 1h tf to confirm the bottom
  • #330,393
  • Nov 22, 2010 11:00am Nov 22, 2010 11:00am
Quoting pawpaw1000
Ahaa... Thanks cloggs! Always great to get your advice need to look into that, even if it means I trade less...

Must say. Propably would've been tempted to long off previous low had I not learnt that support usually gets tested twice at least and that ny likes to make a new high / Low ;-)

So you are celebrating your short from some mysterious point previously while your posted long is deep under water.

It takes all sorts I guess.
  • #330,394
  • Nov 22, 2010 11:00am Nov 22, 2010 11:00am
Cloggie , how does one know that the move is indeed confirmed?

Quoting cloggie
So next time, don't be afraid to miss the move but add 5% of size to the confirmed move and that will more then make up for not picking your bottom exactly, trading will be more relaxed and you will end up with more profit then what you are doing now.

Every close so far on the M5+ has barely skirted 3611, so the move up from the bottom is barely confirmed, a bit too fragile for my liking. Just wait to see what the next hourly does. Keep in mind that the last bit of the hourly can always have a bit of a rally only to drop of as soon as the next...
  • #330,395
  • Nov 22, 2010 11:01am Nov 22, 2010 11:01am
Quoting Pip to Pip
So we are looking a positive candle close on the 1h tf to confirm the bottom

We are this close to the hourly that a few minutes to get a confirmation there is not going to make a difference in your life.
  • #330,396
  • Nov 22, 2010 11:02am Nov 22, 2010 11:02am
Quoting cloggie
So you are celebrating your short from some mysterious point previously while your posted long is deep under water.

It takes all sorts I guess.

lol....
  • #330,397
  • Nov 22, 2010 11:02am Nov 22, 2010 11:02am
Quoting gatorinla
damn... thats a hell of a drop..!!!!!!!!!!!!! ill buy at 300
check ur daily, weekly n monthly..that is just my poor view...

anyway i will close half at 1247-1207 if it able to reach there....but be honest i just reload at every up move...

as mentioned 1387 could be the starting for everythings....however it could start from here ~ 1365 as well....

so enjoy ur trip n happy pippin...cheers
  • #330,398
  • Nov 22, 2010 11:02am Nov 22, 2010 11:02am
Quoting cloggie
We are this close to the hourly that a few minutes to get a confirmation there is not going to make a difference in your life.

yeah youre right it wont.. btw its a doji...
  • #330,399
  • Nov 22, 2010 11:02am Nov 22, 2010 11:02am
Quoting Merry
I had 2 pending Orders 4 Long & 1 of them has been activated while still have my short order ( more than 150 pips in profit ) & will keep it till final Target.
Since I have been on FF, I have failed to understand this I'm long and short business. Dont know maybe I'm a pea brain, but in my book you either short or long, period
Look Sharp/Trade Tight
  • #330,400
  • Nov 22, 2010 11:02am Nov 22, 2010 11:02am
Quoting hxKenneth
What happened to this?




#330456
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