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  • #336,801
  • Dec 1, 2010 9:41am Dec 1, 2010 9:41am
Quoting Vladimir1987
This always happens to me i always make some profit and then blow it..
Will have to rebuilt it back.


Im looking at it now and were at demand area from 53-73 if it show some strength ill take the last trade of the day.

Careful, we are testing the support on the hourly right here. Wait for a confirmed direction, a break of the support should give you a fake 'n shake first, she didn't jump of it like a wet cat of an electric fence either. We are directionless at this time on the lower TF's after we broke the daily TL on the failure of resistance earlier. I covered at this support zone here waiting for confirmation.
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  • #336,802
  • Dec 1, 2010 9:41am Dec 1, 2010 9:41am
i was short 3123 sl be and that candle wick just hit it would have been in profit ...
oh well wait for a pull back at least
  • #336,803
  • Dec 1, 2010 9:43am Dec 1, 2010 9:43am
Quoting TudorJonesJR
yeah closed short...because of possible bounce towards 1.3091
meant 1.3076.. short again..
  • #336,804
  • Dec 1, 2010 9:43am Dec 1, 2010 9:43am
Quoting cloggie
It failed to reach the resistance on a large wicked bar, that is always a good indication to sell the cr@p out of it.
hi cloggie,

when you look at bars like what time frame do you normally use?
  • #336,805
  • Dec 1, 2010 9:45am Dec 1, 2010 9:45am
EU today
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  • #336,806
  • Dec 1, 2010 9:45am Dec 1, 2010 9:45am
Quoting cloggie
I don't mind the noobs, they are part of the fabric here and it is fun helping them out a bit, I get frustrated with the muppets spamming the thread with useless sh!t and the failed traders doing their best in dragging the noobs down with them.
There is one catch with the helping bit: unless you show a reasonably complete picture, they probably only get confused. Like today's MA story...I am sure in your head it all fits together, but honestly to me it looks like you pulled it out of a hat.

Of course, that's something you don't need to be concerned with...it is everyone's own responsibility to put the picture together, test it, and deploy if they are happy with the results.
  • #336,807
  • Dec 1, 2010 9:45am Dec 1, 2010 9:45am
Quoting cloggie
It failed to reach the resistance on a large wicked bar, that is always a good indication to sell the cr@p out of it.
waiting the whole night patiently for the entry suddenly the shoot up come and I cant be patient and enter.

So I am getting in my own way to be success again LOL.
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #336,808
  • Dec 1, 2010 9:46am Dec 1, 2010 9:46am
Quoting cloggie
Careful, we are testing the support on the hourly right here. Wait for a confirmed direction, a break of the support should give you a fake 'n shake first, she didn't jump of it like a wet cat of an electric fence either. We are directionless at this time on the lower TF's after we broke the daily TL on the failure of resistance earlier. I covered at this support zone here waiting for confirmation.
Thanks, ill better leave it for today to cool of..

See u guys tomorrow..
  • #336,809
  • Dec 1, 2010 9:46am Dec 1, 2010 9:46am
i had a post and screwed it up. im too lazy to re-write. #4 i think
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those who can, do. those who cant, talk about those who can
  • #336,810
  • Dec 1, 2010 9:49am Dec 1, 2010 9:49am
"It failed to reach the resistance on a large wicked bar, that is always a good indication to sell the cr@p out of it."

Which "large wicked bar" you mean ? Can you show me please? thanks
  • #336,811
  • Dec 1, 2010 9:49am Dec 1, 2010 9:49am
Quoting zaphy
There is one catch with the helping bit: unless you show a reasonably complete picture, they probably only get confused. Like today's MA story...I am sure in your head it all fits together, but honestly to me it looks like you pulled it out of a hat.

Of course, that's something you don't need to be concerned with...it is everyone's own responsibility to put the picture together, test it, and deploy if they are happy with the results.

Just because you don't understand the relationship of MA's with TL's does not mean I pulled it out of a hat, if you want to understand it, do a bit of research.

IF you don't like my post, I included a handy little link in my signature, you can reciprocate.
  • #336,812
  • Dec 1, 2010 9:52am Dec 1, 2010 9:52am
Quoting kocurko
"It failed to reach the resistance on a large wicked bar, that is always a good indication to sell the cr@p out of it."

Which "large wicked bar" you mean ? Can you show me please? thanks

Look at your M1 and see how the test of the hourly resistance was clearly rejected, she did not even come close and see how the 6 bars following the try gave you the signal for a short, the following test of the daily TL would have given you confidence to stay in the short and the failure of the hourly support level would have given you the first indication to cover your short.

You can now see how the hourly support is acting like a magnet to the price and there is no clear rejection of it telling you to forget about buying this one right now.

A clear break of this level will bring you to the second area of support on my earlier chart.
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  • #336,813
  • Dec 1, 2010 9:53am Dec 1, 2010 9:53am
Quoting gatorinla
i had a post and screwed it up. im too lazy to re-write. #4 i think
do you have an idea, how many times a mofu destroys a chart?
  • #336,814
  • Dec 1, 2010 9:53am Dec 1, 2010 9:53am
Quoting tjc1020
Gator,

If it bearks that do you have next stop after that right around 3034ish?
after each complete target on chart we normaly slip past the # a little.. then retrace above it.. this is normal.. the pa has marked its territory already.. like a dog pissing on a tree. it wants to go down.. the completed target # becomes st soft s/r.. the next one targets 3014..
3055 is another method.
those who can, do. those who cant, talk about those who can
  • #336,815
  • Dec 1, 2010 9:54am Dec 1, 2010 9:54am
Quoting cloggie
Just because you don't understand the relationship of MA's with TL's does not mean I pulled it out of a hat, if you want to understand it, do a bit of research.

IF you don't like my post, I included a handy little link in my signature, you can reciprocate.
It wasn't about liking or not liking your posts...I just said it may have an unwanted consequence even though it was meant well and the intention is appreciated.
  • #336,816
  • Dec 1, 2010 9:56am Dec 1, 2010 9:56am
Quoting cloggie
Careful, we are testing the support on the hourly right here. Wait for a confirmed direction, a break of the support should give you a fake 'n shake first, she didn't jump of it like a wet cat of an electric fence either. We are directionless at this time on the lower TF's after we broke the daily TL on the failure of resistance earlier. I covered at this support zone here waiting for confirmation.
Hi Cloggie,

tanks for your hints in the past, these already helped me a lot (Okay, I tried to do a little reverse engineering that you try to avoid, but i found some helpful things out of your posts - ).

BTW what colors your needles? Seems to be an indi.

Lena
  • #336,817
  • Dec 1, 2010 9:57am Dec 1, 2010 9:57am
Quoting Mr Hatch
do you have an idea, how many times a mofu destroys a chart?
early in a move this happens.. its why we get congestion.. they all over lap... just like the lower ma's... its a sausage factory.. but i had one point below the ma's.. at 3055.. so it made it a much better chance... plus the trend is down.. and that little daily 200 ma..
those who can, do. those who cant, talk about those who can
  • #336,818
  • Dec 1, 2010 9:57am Dec 1, 2010 9:57am
Quoting CandleStar
Hi Cloggie,

BTW what colors your needles? Seems to be an indi.

Lena

It is an oldfashioned stock trending system that I adopted for MT4. Not sure if something similar exists. As you can see from my charts, I don't use candles a lot, am only interested in the interim direction of price.
  • #336,819
  • Dec 1, 2010 10:05am Dec 1, 2010 10:05am
Quoting Masrim
Now it's probably going to try and "burn" the daily candle a bit, though I'm not going to play it short. I'll wait for a re-entry long lower, depending on the daily close today.
let's see how far the candle can get burnt down.
  • #336,820
  • Dec 1, 2010 10:05am Dec 1, 2010 10:05am
Quoting cloggie
Look at your M1 and see how the test of the hourly resistance was clearly rejected, she did not even come close and see how the 6 bars following the try gave you the signal for a short, the following test of the daily TL would have given you confidence to stay in the short and the failure of the hourly support level would have given you the first indication to cover your short.

You can now see how the hourly support is acting like a magnet to the price and there is no clear rejection of it telling you to forget about buying this one right now.

A...
wow thanks for complete explanation rly thanks
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