Price is everything | Page 423 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EIP: Everything In Price (PIE) 16 replies

Everything to Nothing to get Everything? 7 replies

Price Is Everything - Lets Focus on Price and Swings 17 replies

Price is Everything (Long Term and Semi-Auto Edition) 26 replies

Everything You Wanted To Know About Electronic Trading, by Linda Bradford Raschke 0 replies

Attachments: Price is everything
Exit Attachments

Price is everything

  • #8,441
  • Feb 8, 2011 9:31pm Feb 8, 2011 9:31pm
Quoting willkohsg
thanks Red i noticed it was opposite of the PA pattern that you taught me last night , the spike south last night to deplete demand.. today was the other way round


yes, but in this case because the pole was north - its was MOST LIKELY to be clearing path north


SPIKES - are either rejection or consumption, depending on the price structure they occur within, we can determine what they are LIKELY to be


Attached Image





........ IS PA
  • #8,442
  • Feb 8, 2011 9:35pm Feb 8, 2011 9:35pm
Quoting Rufus
I am fond of fibs...It is one thing that really helps me understand price structure.
EU Finally target 2 off. Stops at BE. Now let this bugger cook till London and see what happens.

Fresh Can
Attached Image (click to enlarge)
Click to Enlarge Name: 2.8eulong61.8targets.jpg Size: 99 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #8,443
  • Feb 8, 2011 9:50pm Feb 8, 2011 9:50pm
Quoting redsword11
bought aud @ 1.01376 stops @ 1.01191

Attached Image (click to enlarge)
Click to Enlarge Name: aud.jpg Size: 47 KB




cable is going ok too
  • #8,444
  • Feb 8, 2011 9:51pm Feb 8, 2011 9:51pm
Quoting anthoniex
EURJPY
EURJPY
watching PA closely
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 30 KB
  • #8,445
  • Feb 8, 2011 10:21pm Feb 8, 2011 10:21pm
eu looks like consuming supply again in this upper 50 levels
with the spikes north on m15..

repeat the same pattern?
  • #8,446
  • Feb 8, 2011 10:25pm Feb 8, 2011 10:25pm
Quoting willkohsg
eu looks like consuming supply again in this upper 50 levels
with the spikes north on m15..

repeat the same pattern?
Also pausing at fib retracements of the last move
Attached Image (click to enlarge)
Click to Enlarge Name: 2.8eulongfib.jpg Size: 110 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #8,447
  • Feb 8, 2011 10:27pm Feb 8, 2011 10:27pm
Good morning everyone
Lets turn it a green morning
Bought some Gold @1362.9
Attached Image (click to enlarge)
Click to Enlarge Name: Gold H1.JPG Size: 96 KB
  • #8,448
  • Feb 8, 2011 10:28pm Feb 8, 2011 10:28pm
Quoting willkohsg
eu looks like consuming supply again in this upper 50 levels
with the spikes north on m15..

repeat the same pattern?
if this level holds, I think it's gonna go up again...
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 26 KB
  • #8,449
  • Feb 8, 2011 10:35pm Feb 8, 2011 10:35pm
Quoting anthoniex
if this level holds, I think it's gonna go up again...
quite right, bull flag formation on m15, should it hold above 1.3643 shld go north.
  • #8,450
  • Feb 8, 2011 10:36pm Feb 8, 2011 10:36pm
Attached Image (click to enlarge)
Click to Enlarge Name: dx.jpg Size: 39 KB



might continue south
  • #8,451
  • Feb 8, 2011 10:45pm Feb 8, 2011 10:45pm
good morning folks.happy greens.
Attached Image (click to enlarge)
Click to Enlarge Name: gu311.png Size: 36 KB
Gold Expedition Return This Year: -16.4%
  • #8,452
  • Feb 8, 2011 10:46pm Feb 8, 2011 10:46pm
morning buddy, how you doing?
do you actually EVER sleep?
Quoting redsword11
Attachment


might continue south
  • #8,453
  • Feb 8, 2011 10:47pm Feb 8, 2011 10:47pm
hi red.am i right?
Attached Image (click to enlarge)
Click to Enlarge Name: eu311.png Size: 37 KB
Gold Expedition Return This Year: -16.4%
  • #8,454
  • Feb 8, 2011 10:50pm Feb 8, 2011 10:50pm
Quoting redsword11
Attachment


might continue south

Attached Image (click to enlarge)
Click to Enlarge Name: ex.jpg Size: 130 KB




bit of a mixed picture on eu
  • #8,455
  • Feb 8, 2011 10:55pm Feb 8, 2011 10:55pm
Quoting hkkhanus
morning buddy, how you doing?
do you actually EVER sleep?


good morning
  • #8,456
  • Feb 8, 2011 11:00pm Feb 8, 2011 11:00pm
It seems the dollar index likely going to pull back tonight as you see in the chart.

For aggressive trader, I would favor long eurusd, nzdusd...but make sure scalp out with 50pips SL...I think dollar index has more room to upside once it break out its congestion area.

For me, I would prefer to short it when it pull back especially on eurusd.
Attached Image (click to enlarge)
Click to Enlarge Name: dx-1.gif Size: 33 KB
  • #8,457
  • Feb 8, 2011 11:00pm Feb 8, 2011 11:00pm
Quoting budak baru
hi red.am i right?


prices moved north from that level, thats correct


if its tested again, thats the thing -- will it hold, will it get tested ?
  • #8,458
  • Feb 8, 2011 11:10pm Feb 8, 2011 11:10pm
Quoting anthoniex
EURJPY
watching PA closely
EURJPY
source of drop
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 25 KB
  • #8,459
  • Feb 8, 2011 11:13pm Feb 8, 2011 11:13pm
Quoting redsword11
prices moved north from that level, thats correct


if its tested again, thats the thing -- will it hold, will it get tested ?
will monitor it.
Gold Expedition Return This Year: -16.4%
  • #8,460
  • Feb 8, 2011 11:55pm Feb 8, 2011 11:55pm
Closed gold
too slow

sold EJ
Bought Aud

Quoting hkkhanus
Good morning everyone
Lets turn it a green morning
Bought some Gold @1362.9
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ1.JPG Size: 109 KB
Click to Enlarge Name: AUD1.JPG Size: 120 KB
7 traders viewing now