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  • #1,521
  • Edited 1:18am Nov 29, 2010 12:56am | Edited 1:18am
Quoting justht
Yes, the 4H is still pointing down.
The trend not yet reversed however I was just looking at potential support for EU. Maybe I need to include 4H S/R in my chart as well
...don't be rigid my friend... just dance the tune of the pair... referencing is okay but if you're going to set hard rules by your indicators... then that's a different story...

to enlighten you a bit... i only use some of indicators as point of reference and nothing more... it's never been used for triggers...

... i'm not sure about others here but i cannot foretell the future price actions... i can only dance the here & now...

supply and demand... or S/R is very very useful but only to those who knows it's potency ... where price stalls... accumulation and distribution stages... they are prime in price action... for me, they're the driving force of the market....

thanks...
Success consists of going from failure to failure without loss of enthusiam
  • #1,522
  • Nov 29, 2010 1:01am Nov 29, 2010 1:01am
Quoting dongsky
...don't be rigid my friend... just dance the tune of the pair... referencing is okay but if you're going to set hard rules by your indicators... then that's a different story...

to enlighten you a bit... i only use some of indicators as point of referenc and nothing more... it's never been used for triggers...

... i'm not sure about others here but i cannot foretell the future price actions... i can only dance the here & now...

supply and deman... or S/R is very very useful but only to those who knows it's potency ......
thanks for highlighting.
actually I don't use any lines in my chart. I purely use impulsive/corrective wave to guide my trade. But philip told me to use the MAs and that has helped me a lot.

I think, the last 1 week practice has helped me and I can start to feel the dance. It's just that I don't know when to attack.
  • #1,523
  • Nov 29, 2010 1:26am Nov 29, 2010 1:26am
Morning Friends!

Hope you got your ttroops home again, Eddy.
Just stepped in from clearing out little house&ground from a lot of snow ....

Yeah - XMas is coming soon

Niels
  • #1,524
  • Nov 29, 2010 1:33am Nov 29, 2010 1:33am
Quoting justht
thanks for highlighting.
actually I don't use any lines in my chart. I purely use impulsive/corrective wave to guide my trade. But philip told me to use the MAs and that has helped me a lot.

I think, the last 1 week practice has helped me and I can start to feel the dance. It's just that I don't know when to attack.

to know when to attack is a skill that needs to learn and not something that can be achieve overtime...

to know is to feel... to pulse... is to dance the market...

sending a scout to achieve all these... remember, a scout is expendable... when correct and ridding the right trend... then have to deploy attack... attacking is also an art... you have your own mm... skews must be in a spiral... like breathing...

scale up... then... scale down... when in doubt... just position a scout... get ready to rescue when in trouble... or merely kill and sacrifice...

when right... jsut stack position....

always go with 3kingdoms... main reference for me...

more screen time of your favorite pair... stick to one pair...

... we are just piggy back ridding... the elephants

to know when to attack... is another paradox... for me
Success consists of going from failure to failure without loss of enthusiam
  • #1,525
  • Nov 29, 2010 1:35am Nov 29, 2010 1:35am
Quoting MaMood
Morning Friends!

Hope you got your ttroops home again, Eddy.
Just stepped in from clearing out little house&ground from a lot of snow ....

Yeah - XMas is coming soon

Niels
hi niels,
yep just a nick of time... nearly BE, at least manage to bring them home!

snowing there? here starts summer already... iguess 3 more weeks to go for xmas!... great.

eddy
Success consists of going from failure to failure without loss of enthusiam
  • #1,526
  • Nov 29, 2010 1:51am Nov 29, 2010 1:51am
Only 3 weeks - still need so many good ideas for presents ...

But serioulsy: Do have a long bias for EU for now?
Feeling not very confortable with that direction right now.
But charts is pointing up since early Asian session ...
  • #1,527
  • Edited 2:07am Nov 29, 2010 1:53am | Edited 2:07am
EU
sx1x3284 scout
sx3x3282
EJ
sx1x111.62
sx3x111.50
Success consists of going from failure to failure without loss of enthusiam
  • #1,528
  • Nov 29, 2010 2:01am Nov 29, 2010 2:01am
Quoting MaMood
Only 3 weeks - still need so many good ideas for presents ...

But serioulsy: Do have a long bias for EU for now?
Feeling not very confortable with that direction right now.
But charts is pointing up since early Asian session ...
yep.

hey, maybe you know somethin that i don't...
i will see... focus!!!

.... swoosh... what was that niels...
Success consists of going from failure to failure without loss of enthusiam
  • #1,529
  • Nov 29, 2010 2:01am Nov 29, 2010 2:01am
Quoting dongsky
EU
sx1x3284 scout
EJ
sx1x111.62
I see ...
  • #1,530
  • Nov 29, 2010 2:06am Nov 29, 2010 2:06am
Quoting MaMood
I see ...
whoever holding long position at the moment... they have the need to scale down exposure... i guess...
Success consists of going from failure to failure without loss of enthusiam
  • #1,531
  • Nov 29, 2010 2:09am Nov 29, 2010 2:09am
squared...
EU...3280
EJ...111.40
62pips

... need to do some errands... be back shortly... cannot leave troops unattended this time...

learned from the past mistakes...

edit: looks like forming the 5th wave of ew... maybe... i dunno
Success consists of going from failure to failure without loss of enthusiam
  • #1,532
  • Nov 29, 2010 2:30am Nov 29, 2010 2:30am
Know it's crazy but the 1st thing after my ops besides calling my lovely angel is to get my iphone & check the charts & your thread to get a feel of the mkt

Good dance Eddy! Was reading your thread again from the beginning it's amazing how much u hve improved! A source of motivation & inspiration

@ George - u r not crazy cos I hve read the printout every day from my commute to work to & fro... after u assilimate the principles the rest is all U... The mkt is your teacher not eddy, niels & definitely not me

@ Heri - S&R is never fixed we hve to anaylse the terrains with each candle forming... Pattern may mutate and as de facto motto not be rigid... We flow with PA... U already got a good grounding in mkt reading now it's a matter of factoring your own dance routine i.e. attack & rescue
We can work on that when I'm back as i need some assistance on MT4 platform too

@ Niels - cannot wait for the blockbuster release of "Romance of the 3 Fx Kingdoms"

Keep the postings coming so that i got plenty of reading materials on my bed.

Pip well guys
"Thinking Heart & Feeling Brain"
  • #1,533
  • Nov 29, 2010 3:05am Nov 29, 2010 3:05am
Quoting Sylar
Know it's crazy but the 1st thing after my ops besides calling my lovely angel is to get my iphone & check the charts & your thread to get a feel of the mkt

Good dance Eddy! Was reading your thread again from the beginning it's amazing how much u hve improved! A source of motivation & inspiration

@ George - u r not crazy cos I hve read the printout every day from my commute to work to & fro... after u assilimate the principles the rest is all U... The mkt is your teacher not eddy, niels & definitely not me

@ Heri - S&R is...

Hey Philip!
Hope you are back home soon and there is no need to check out your pain threshold atm.

Wish you all tge best!

Niels
  • #1,534
  • Nov 29, 2010 3:08am Nov 29, 2010 3:08am
Quoting dongsky
to know when to attack is a skill that needs to learn and not something that can be achieve overtime...

to know is to feel... to pulse... is to dance the market...

sending a scout to achieve all these......
I think, i have psychological barrier.
It seems it is easier to rescue than attack.
I afraid a profitable scout becomes underwater if I attack it instead of just taking profit.
  • #1,535
  • Nov 29, 2010 3:11am Nov 29, 2010 3:11am
Quoting Sylar
Know it's crazy but the 1st thing after my ops besides calling my lovely angel is to get my iphone & check the charts & your thread to get a feel of the mkt

Good dance Eddy! Was reading your thread again from the beginning it's amazing how much u hve improved! A source of motivation & inspiration

@ George...
Philip,

sure.. it's fun to trade fx
In my earlier posting I mentioned that I have psychological barrier in an attack. Not sure whether others experience this.
  • #1,536
  • Nov 29, 2010 3:23am Nov 29, 2010 3:23am
Quoting justht
I think, i have psychological barrier.
It seems it is easier to rescue than attack.
I afraid a profitable scout becomes underwater if I attack it instead of just taking profit.
if that is your comfort, then do it everytime you trade... and you will have higher success rate... in days to come...


sx1x3270
Success consists of going from failure to failure without loss of enthusiam
  • #1,537
  • Nov 29, 2010 3:28am Nov 29, 2010 3:28am
Quoting justht
Philip,

sure.. it's fun to trade fx
In my earlier posting I mentioned that I have psychological barrier in an attack. Not sure whether others experience this.
You need to force yourself to do it. A while back MaMood posted a good practical example on how to do it on FTI's thread.

This is a very crucial step in profitable trading.
  • #1,538
  • Nov 29, 2010 3:32am Nov 29, 2010 3:32am
Quoting piccolo
You need to force yourself to do it. A while back MaMood posted a good practical example on how to do it on FTI's thread.

This is a very crucial step in profitable trading.
Yes, I need to get out of my comfort zone.
I need to do the attack as it is the only way to grow.

to MaMood:
You still have the practical example?
  • #1,539
  • Nov 29, 2010 3:46am Nov 29, 2010 3:46am
squared ....3240
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Success consists of going from failure to failure without loss of enthusiam
  • #1,540
  • Nov 29, 2010 3:55am Nov 29, 2010 3:55am
bx1x3235 scout


.... we'll see if this will bounce back up... from this area...
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Success consists of going from failure to failure without loss of enthusiam
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