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  • #384,501
  • Feb 11, 2011 4:13am Feb 11, 2011 4:13am
Quoting detailas
Excuse my ignorance, but why 3508 is such an important level?
My fibs, pivots and S/R levels do not include 3508 therefore has to be something else that I am missing here. Thanks for sheding some light.
just draw a line at 3508 and look to the left on H1. you cannot miss it then-
  • #384,502
  • Feb 11, 2011 4:13am Feb 11, 2011 4:13am
Quoting T@rantula
OK here....another FREE pips for you.

Tarantula is grateful today as is almost every day

Im done for this week.. Enjoy it and be careful
nice trade.. well done
  • #384,503
  • Feb 11, 2011 4:13am Feb 11, 2011 4:13am
Quoting detailas
Excuse my ignorance, but why 3508 is such an important level?
My fibs, pivots and S/R levels do not include 3508 therefore has to be something else that I am missing here. Thanks for sheding some light.
Weekly low, 200EMA on H4...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #384,504
  • Feb 11, 2011 4:14am Feb 11, 2011 4:14am
The down move is pretty strong at the moment though, would not be surprised to see it pullback then smack back down through that support.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #384,505
  • Feb 11, 2011 4:14am Feb 11, 2011 4:14am
Quoting Magix
Took a buck twenty yesterday, 203 so far today, and still bagging the last one sitting bout 295...

Plus a few cheeky trades here n there...

I am a bit behind you, only 180 on the top ones and 120-ish on the bottom set.

'twas kinda funny here how must were crying long yesterday, I love being counter to the thread, keeps the old adage alive and well.
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  • #384,506
  • Feb 11, 2011 4:15am Feb 11, 2011 4:15am
I would chase this short.... I am done with +476 pips for the week but it was a challenging week though...
  • #384,507
  • Feb 11, 2011 4:16am Feb 11, 2011 4:16am
tp there
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  • #384,508
  • Feb 11, 2011 4:16am Feb 11, 2011 4:16am
here it is.. 3511 comes
  • #384,509
  • Feb 11, 2011 4:16am Feb 11, 2011 4:16am
thanks caseyjw and mr.hatch. noted with thanks!
  • #384,510
  • Feb 11, 2011 4:17am Feb 11, 2011 4:17am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting rbbotero
Owch my friend... that's another task for me too... taking profits has been always a pain as well is always to early or too late... greed is the same problem here, but that's why we all wake up pretty early in the morning and barely sleep while learning

Yup.

The sacrifice is worth the freedom we will gain.
  • #384,511
  • Feb 11, 2011 4:17am Feb 11, 2011 4:17am
Quoting Magix
Exponential, applied to close...

The why you can find on my thread...

Pretty easy pickings on any TF...

Even check the bounce down off the 5M on EU earlier....
i have simple MA as intraday target, it is different MA in different TF... but the level is same between TF...

the idea is counting minutes in a day
which is 60x24 = 1440

so the MA is as follow
SMA 1440 on M1 chart (there is 1440 m1 bar in a day)
SMA 288 on M5 chart (there is 288 m5 bar in a day)
SMA 96 on M15 chart (there is 96 m15 bar in a day)
and SMA 48 on M30 chart (there is 48 M30 bar in a day)

and surprisingly all those sma showing the same spot (+-10pips)

PS: not trying to mentoring anyone... just sharing
Verily, in every difficulties there is relief
  • #384,512
  • Feb 11, 2011 4:17am Feb 11, 2011 4:17am
Quoting Shah22
here it is.. 3511 comes
I'm just waiting for the "told'ya"s to trickle in.
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  • #384,513
  • Feb 11, 2011 4:17am Feb 11, 2011 4:17am
Quoting Magix
Weekly low, 200EMA on H4...
tks Magix! Happy b'day man!
  • #384,514
  • Feb 11, 2011 4:17am Feb 11, 2011 4:17am
Quoting T@rantula
OK here....another FREE pips for you.

Tarantula is grateful today as is almost every day

Im done for this week.. Enjoy it and be careful
thank you, tahnk you , thank you....I've learned a lot from you since I joined here, I always go thru all the charts and timeframes when you enter a trade to see why...and it helped me. I'm still a bit late on my trades because I sometimes wiat too long for more confirmation but I'm making some 10-20 pips. Must work on letting a trade run, I still get out too early.
  • #384,515
  • Feb 11, 2011 4:17am Feb 11, 2011 4:17am
morning.
Hero calls followed by margin calls...
  • #384,516
  • Feb 11, 2011 4:18am Feb 11, 2011 4:18am
Quoting cloggie
I am a bit behind you, only 180 on the top ones and 120-ish on the bottom set.

'twas kinda funny here how must were long yesterday, I love being counter to the thread, keeps the old adage alive and well.
I just went all Ron Popiel, set it and forget it!

I don't use SLs much, but after hitting the sells, I actually threw one on, figured if it busted threw, it could keep on going...worked out nicely...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #384,517
  • Feb 11, 2011 4:19am Feb 11, 2011 4:19am
Quoting primzvicious
i have simple MA as intraday target, it is different MA in different TF... but the level is same between TF...

the idea is counting minutes in a day
which is 60x24 = 1440

so the MA is as follow
SMA 1440 on M1 chart (there is 1440 m1 bar in a day)
SMA 288 on M5 chart (there is 288 m5 bar in a day)
SMA 96 on M15 chart (there is 96 m15 bar in a day)
and SMA 48 on M30 chart (there is 48 M30 bar in a day)

and surprisingly all those sma showing the same spot (+-10pips)

PS: not trying to mentoring anyone... just sharing

I used to have the 1440 on all of my charts as well...I know the value...

Thanks...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #384,518
  • Feb 11, 2011 4:19am Feb 11, 2011 4:19am
Quoting detailas
tks Magix! Happy b'day man!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #384,519
  • Feb 11, 2011 4:19am Feb 11, 2011 4:19am
Good day!

http://gyazo.com/b4a456fc4d0dfd38f26fc24f7b43367c.png
  • #384,520
  • Feb 11, 2011 4:19am Feb 11, 2011 4:19am
Quoting Magix
Exponential, applied to close...

The why you can find on my thread...

Pretty easy pickings on any TF...

Even check the bounce down off the 5M on EU earlier....


Thanks Magix,

will read your thread. Started to read a few days back. So I choose intentionally the right one, but took the weighted price (HLC/3)


So now we are near the 200 on 4h chart. Should I expect retracement?
I have a fib fan line there also and a MMTL 1/8 at 3489
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