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  • #353,901
  • Dec 29, 2010 12:07pm Dec 29, 2010 12:07pm
Quoting Bles5ed
30 pips too soon, short added @3207

shorted at 1.3185... will wait for this hour close to see if i keep it... or turn long
Andreyou
  • #353,902
  • Dec 29, 2010 12:08pm Dec 29, 2010 12:08pm
first lesson: no lunch! so it's either margin call or starvation, whatever comes first!

more, more!

Quoting PipChick
LOL..ok well, your first mistake is leaving your trade and going to lunch before you are in profits with SL moved up. Just sayin..lol (no such thing as lunch when you are in a trade unless you are in profits)
dreams do come true.
  • #353,903
  • Dec 29, 2010 12:08pm Dec 29, 2010 12:08pm
Quoting Leinadgnow
sorry i didn't see your earlier post.... think it changed to the next page by the time i refreshed.. it's off fxpro ... hope that answered your question.. they have pretty decent live feed off dollar index and some good articles there.. obviously nothing to do with PA and S/R because im STILL ASKING FOR SOME HELP HERE WAVES*** hahahha .. thanks in advance guys.
Thanx ... will look after ...

Regarding your questions ... I think you should ask maybe gator ... atm he would be the only one who could give you some sufficiant hint I suppose .. if he likes to ...

Danke soweit erst mal ... but pivots are wrong ... ich bleibe dabei ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #353,904
  • Dec 29, 2010 12:08pm Dec 29, 2010 12:08pm
Quoting PipChick
So there is a stop hunt just above 3215 which may dip the price once its hit but I wont be shorting cuz there is another one just above 3273
lol why is every move a stop hunt ?

I think eu being held at 3100 area all xmas period is accumulation for a larger move up.

Saw it again during london , with all down bars having ultra high vol on 15

eu is range bound , simple as that , liekly till next week.

3080 and now top of range seems to have changed to 3250 , was 3180

My 3150 sell came into play thru london BUT 1,3110 there was massive vol on a down bar on a 15 min made me close that order and go to bed. Today on down moves thru us session has been some very nive low vol tests of the 3120 area , last one before move was a no supply at 3130 and perfect long entry
Blogging daily now at www.volume.zone
  • #353,905
  • Dec 29, 2010 12:09pm Dec 29, 2010 12:09pm
Quoting wannaberich
first lesson: no lunch! so it's either margin call or starvation, whatever comes first!

more, more!
Exactly! And...NO BIAS! Go where the price goes.
  • #353,906
  • Dec 29, 2010 12:09pm Dec 29, 2010 12:09pm
no no .. i dun need to learn how to connect trend lines.. i just want to know sorta like the background behind them .. the explaination as well as after you connect them .. how do you read them lol.. basically something along that lines.. i was taught initally to rely on indicators and i realize that is a MAJOR handicap .. i refused to learn PA and i was cocksure because my portfolio made a 25.7% return this year on my investment. but after reading snatch.. a few threads on PA and a backtesting it on my MT4 .. i have begin to be abit more enlighten.. and i realize my folly because recently i went for a short trading stint with barclay's trading under some investment event for my university ... and i realize that PA is almost everything... so yeah .. i would definitely like to learn more..
There is no royal road to anything.
  • #353,907
  • Dec 29, 2010 12:09pm Dec 29, 2010 12:09pm
Quoting wannaberich
you'll think about it and tell me? my account would apreciate it and most of all me ego would too. it's hard for me to deal with the opposite of success (can't even say the word LOL)

15m looking wedgy to u?
Wannaberich:

Do you see why I told you to wait until 2:00pm eastern - I hope you did wait. 50mins to go until decision time.
  • #353,908
  • Dec 29, 2010 12:10pm Dec 29, 2010 12:10pm
Quoting malcolmb14
lol why is every move a stop hunt ?

I think eu being held at 3100 area all xmas period is accumulation for a larger move up.

Saw it again during london , with all down bars having ultra high vol on 15

eu is range bound , simple as that , liekly till next week.

3080 and now top of range seems to have changed to 3250 , was 3180
Every move isnt a stop hunt.
  • #353,909
  • Dec 29, 2010 12:11pm Dec 29, 2010 12:11pm
Quoting Martingale
excellent RRR.

LONG!
SL = 1.3075
TP = 1.3200
bingo! last nite plan worked out!!!!! 1.3080->1.3200
  • #353,910
  • Dec 29, 2010 12:12pm Dec 29, 2010 12:12pm
Quoting PipChick
So there is a stop hunt just above 3215 which may dip the price once its hit but I wont be shorting cuz there is another one just above 3273. And the brokers have been spying on you short people and really wanna screw you up.
I prefer to think of myself as 'vertically challenged'.
  • #353,911
  • Dec 29, 2010 12:13pm Dec 29, 2010 12:13pm
another good sell point
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 37.png Size: 20 KB
  • #353,912
  • Dec 29, 2010 12:13pm Dec 29, 2010 12:13pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting PipChick
Well maybe tomorrow you will NOT have a bias and trade with the price and your nuts will magically appear for ya. LOL (im just teasing ya..tomorrow will be better for ya)
Yup, not having a bias is one of the things I've been working on, which I thought I conquered.

But for some reason when I looked at the chart, I saw these Head & Shoulders instead...







http://photogallery.sandesh.com/cms/...0_21436468.jpg

I couldn't turn short to long, it was.. just.. too.. much..
  • #353,913
  • Dec 29, 2010 12:14pm Dec 29, 2010 12:14pm
Quoting snatch
another good sell point
final sell @ 3275
  • #353,914
  • Dec 29, 2010 12:14pm Dec 29, 2010 12:14pm
Quoting apt
Yup, not having a bias is one of the things I've been working on, which I thought I conquered.

But for some reason when I looked at the chart, I saw these Head & Shoulders instead...







http://photogallery.sandesh.com/cms/...0_21436468.jpg

I couldn't turn short to long, it was.. just.. too.. much..
How did you get my pic?
  • #353,915
  • Dec 29, 2010 12:16pm Dec 29, 2010 12:16pm
Quoting PipChick
How did you get my pic?
lol? ,,,
  • #353,916
  • Dec 29, 2010 12:17pm Dec 29, 2010 12:17pm
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting PipChick
How did you get my pic?
  • #353,917
  • Dec 29, 2010 12:17pm Dec 29, 2010 12:17pm
Quoting Piters
lol? ,,,
LOL I dont know why I am being so ornery today.
  • #353,918
  • Dec 29, 2010 12:18pm Dec 29, 2010 12:18pm
Quoting Leinadgnow
no no .. i dun need to learn how to connect trend lines.. i just want to know sorta like the background behind them .. the explaination...
Markets work on supply and demand , just like anything in life.

trendlines work as it shows the bias of the buyers ( when the trend lines are up) and bias of the sellers when trend lines are down. If a buyer is willing to buy a pair at a higher price on each dip then the seller will raise their sell price , causing the buyer to buy higher.

todays up move in euro could be seen on a very subtle trend line forming before the break out

Attached Image (click to enlarge)
Click to Enlarge Name: eu 30.gif Size: 54 KB
Blogging daily now at www.volume.zone
  • #353,919
  • Dec 29, 2010 12:18pm Dec 29, 2010 12:18pm
yesterday morning i sat in front of the disaster machine (the PC) and looked at price. it was going up. then it fell almost 200 pips. so today i sit in front of the pc and look at price it was going down (from yesterday) and now we are 100 pips higher! i start to think it's not me: it's the market LOL

just kidding. now a little bit more serious: i have been thinking about always having pending longs and shorts at the levels i identify goes up i'm in, goes down i'm in... gotta try it for at least a few days.

Quoting PipChick
Exactly! And...NO BIAS! Go where the price goes.
dreams do come true.
  • #353,920
  • Dec 29, 2010 12:18pm Dec 29, 2010 12:18pm
Quoting wannaberich
first lesson: no lunch! so it's either margin call or starvation, whatever comes first!

more, more!
Why the binary choice?
I was swimming laps in my pool for about an hour last night. I had my Android phone at one end of the pool with the Simple FX Rate app opened. It gives me 1 second updates on three currencies in font large enough for me to read from 15 feet away. I have EURUSD, GPBUSD and USDJPY loaded into it.
With modern technology, there's no reason why you can't constantly monitor the markets.
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