Catching a falling knife, no, I'm just trading the Gartley!
- #12,942
- Feb 17, 2011 9:08am Feb 17, 2011 9:08am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
- #12,943
- Feb 17, 2011 9:18am Feb 17, 2011 9:18am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
- #12,945
- Feb 17, 2011 10:28am Feb 17, 2011 10:28am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #12,947
- Feb 17, 2011 10:43am Feb 17, 2011 10:43am
- Joined Dec 2009 | Status: Trader | 2,367 Posts
I really hope you are using more than one indicator....never enter a trade based on just one .. make sure you have at least 30 on your charts...I been selling all day due the bear div on sto macd and force .. so far only lost 150 pip. I am going for my daily range of 250 pip loss
make sure you have something that look like this ok that way you will never lose...opps sorry I meant win
vsa sucks
I am changing name of thread to HARD SHYT SCUBA TRADING
Attachment
KEWL
Is the price shown anywhere?
- #12,948
- Feb 17, 2011 10:45am Feb 17, 2011 10:45am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #12,949
- Feb 17, 2011 10:45am Feb 17, 2011 10:45am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
no we do not need price .. when macd turn up buy and turns down sell .. but make sure rsi lines up lol
KEWL
Is the price shown anywhere?
Blogging daily now at www.volume.zone
- #12,951
- Feb 17, 2011 10:49am Feb 17, 2011 10:49am
- | Joined Nov 2007 | Status: Trader | 1,157 Posts
EUR/USD continue from last post.
D1:
- Confirm that there was a Test at 38%
- Next price to watch if can go up past the 23% around 1.3630 would be nice.
- See potential Long target at a longer timeframe at "SR Daily Zone" around 1.4210.
H1:
- Now you can see how that Big Red Down bar was the influence for the Range.
- Price did touch the most bottom black line, and then went up. No obvious ShakeOut on H1.
- As price break up the range and test a bit on previous resistance, now in the scenario of Long Expectation.
- EUR/USD sometimes go up slowly but steadily, so looking at it moving up in stages of those boxes, 2nd Box, 3rd Box, 4th Box, etc until a sudden big move UpThrust to show brakes or downtrend.
- The Ranging box was around 80pips. Expecting those other boxes to be around 80pips.
M15:
- See how the 1st UpThrust is just a temp down move of 70pips.
- 1st UpThrust is now the Resistance for the next break up, not ready to break up yet.
- There was a Test with Low Vol. Then a Test with High Vol that shows Real Buyers and Strength.
- Now waiting for price to come to this box bottom for a minor ShakeOut or Test around 1.3535 to go Long.
- If prices keep moving up in box stages, looking to go Long at every bottom of future boxes.
Now just need to be at the computer at the right time to catch a few good Longs near bottom of Boxes and hold for a while.
D1:
- Confirm that there was a Test at 38%
- Next price to watch if can go up past the 23% around 1.3630 would be nice.
- See potential Long target at a longer timeframe at "SR Daily Zone" around 1.4210.
H1:
- Now you can see how that Big Red Down bar was the influence for the Range.
- Price did touch the most bottom black line, and then went up. No obvious ShakeOut on H1.
- As price break up the range and test a bit on previous resistance, now in the scenario of Long Expectation.
- EUR/USD sometimes go up slowly but steadily, so looking at it moving up in stages of those boxes, 2nd Box, 3rd Box, 4th Box, etc until a sudden big move UpThrust to show brakes or downtrend.
- The Ranging box was around 80pips. Expecting those other boxes to be around 80pips.
M15:
- See how the 1st UpThrust is just a temp down move of 70pips.
- 1st UpThrust is now the Resistance for the next break up, not ready to break up yet.
- There was a Test with Low Vol. Then a Test with High Vol that shows Real Buyers and Strength.
- Now waiting for price to come to this box bottom for a minor ShakeOut or Test around 1.3535 to go Long.
- If prices keep moving up in box stages, looking to go Long at every bottom of future boxes.
Now just need to be at the computer at the right time to catch a few good Longs near bottom of Boxes and hold for a while.
- #12,954
- Feb 17, 2011 11:03am Feb 17, 2011 11:03am
- | Joined Oct 2010 | Status: Trader | 1,539 Posts
Nice one, foxy. Intel, you didn't post your youtube clip anymore. I really like them 
- #12,955
- Feb 17, 2011 11:09am Feb 17, 2011 11:09am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
was he trading naked ? in the youtube clips ...lol.. is that why you liked them so much ?
only kidding of course
only kidding of course
Nice one, foxy. Intel, you didn't post your youtube clip anymore. I really like them
Blogging daily now at www.volume.zone
- #12,957
- Feb 17, 2011 11:17am Feb 17, 2011 11:17am
- Joined Dec 2009 | Status: Trader | 2,367 Posts
was he trading naked ? in the youtube clips ...lol.. is that why you liked them so much ?
only kidding of course
......be afraid, be very afraid - #12,958
- Feb 17, 2011 11:18am Feb 17, 2011 11:18am
- Joined Dec 2009 | Status: Trader | 2,367 Posts
Nice one, foxy. Intel, you didn't post your youtube clip anymore. I really like them
- #12,959
- Feb 17, 2011 11:18am Feb 17, 2011 11:18am
- Joined Sep 2010 | Status: I'm not here... or am I? | 4,000 Posts
LOL, you beat me to it again!!
Today's zone = Tomorrow's opportunity!
- #12,960
- Feb 17, 2011 11:20am Feb 17, 2011 11:20am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone