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  • #397,701
  • Feb 28, 2011 6:57pm Feb 28, 2011 6:57pm
Im on the short side price at flat kumo on a monthly chart wich mean resistance and since we are right on it I prefer to go with the monthly resistance level.

place my stop few pip above the last high at 1.3860 on the daily.
Attached Image (click to enlarge)
Click to Enlarge Name: eur monthly.gif Size: 25 KB
  • #397,702
  • Feb 28, 2011 7:00pm Feb 28, 2011 7:00pm
Quoting knuckledrag
Maybe. I've been known to be wrong on occasion.

So given the one hour chart he posted, what would you say is the next swing high and low?

No fair looking at pivots or fibs.


Times up

try this

Attached Image (click to enlarge)
Click to Enlarge Name: 1hour.PNG Size: 53 KB
  • #397,703
  • Feb 28, 2011 7:06pm Feb 28, 2011 7:06pm
Quoting knuckledrag
Times up

try this
lol

I thought that was a rhetorical question...

I never said I agreed with the dude...I play under a different set of rules, alls I said is that if he wins more times then he loses, then following the same path to the same results is probably the best solution.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #397,704
  • Feb 28, 2011 7:08pm Feb 28, 2011 7:08pm
Quoting Magix
lol

I thought that was a rhetorical question...

I never said I agreed with the dude...I play under a different set of rules, alls I said is that if he wins more times then he loses, then following the same path to the same results is probably the best solution.

whats up
200 on 1
  • #397,705
  • Feb 28, 2011 7:10pm Feb 28, 2011 7:10pm
Quoting kill56
whats up
200 on 1
YUP YUP...

Watching like a hawk...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #397,706
  • Feb 28, 2011 7:12pm Feb 28, 2011 7:12pm
Magix ... I killed too many kittens today
Sorrie ................
  • #397,707
  • Feb 28, 2011 7:13pm Feb 28, 2011 7:13pm
Quoting aarontdang
Magix ... I killed too many kittens today
Sorrie ................


Certainly hope my kids never find out how many kittens I've killed...
Australians wouldn't give a 'Forex' for anything else...
  • #397,708
  • Feb 28, 2011 7:15pm Feb 28, 2011 7:15pm
Quoting kill56
whats up
200 on 1
Here is the area I am watching for support Killer...
Attached Image (click to enlarge)
Click to Enlarge Name: sz.jpg Size: 100 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #397,709
  • Feb 28, 2011 7:16pm Feb 28, 2011 7:16pm
Quoting aarontdang
Magix ... I killed too many kittens today
Sorrie ................
Awesome Aaron!

You have the whole week to save a few...

Sure beats the hell out of killing them just before the weekend right?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #397,710
  • Feb 28, 2011 7:17pm Feb 28, 2011 7:17pm
Quoting kickarz


Certainly hope my kids never find out how many kittens I've killed...

I keep killing them .....
I need a miracle
  • #397,711
  • Feb 28, 2011 7:22pm Feb 28, 2011 7:22pm
Quoting Magix
Here is the area I am watching for support Killer...



whats up with the fan
Attached Image (click to enlarge)
Click to Enlarge Name: 5m eur.gif Size: 15 KB
  • #397,712
  • Feb 28, 2011 7:22pm Feb 28, 2011 7:22pm
Quoting Magix
Awesome Aaron!

You have the whole week to save a few...

Sure beats the hell out of killing them just before the weekend right?

Why is GBP/USD moving up so much ?????
Is it getting ready for a big fall again???

If you let GBP/USD fall now ... I'll save more than I kill today
  • #397,713
  • Feb 28, 2011 7:23pm Feb 28, 2011 7:23pm
Quoting Magix
lol

I thought that was a rhetorical question...

I never said I agreed with the dude...I play under a different set of rules, alls I said is that if he wins more times then he loses, then following the same path to the same results is probably the best solution.

New people require a brutal honesty.

The less they know the better.

Gambling is a brutal business. Given the fact that neither of us move the market and we only speculate on the next move. I personally believe we should eliminate any BS about knowing where the market is going next.

Take your best bet and limit your losses.
  • #397,714
  • Feb 28, 2011 7:25pm Feb 28, 2011 7:25pm
Quoting bigsnowbird
I'm by no means experienced with trading but I'm trying to learn. I've attached a screenshot of the 15 min chart which to me seems like it fits a Elliot 5-3 wave. Just trying to get some input any comments would be appreciated.
this is the way i see it on that time frame .but that does not mean i m correct . i use ew to get me in low risk trades the same way fib retracment and fib targets the same way pivots do or any other system
Attached Image (click to enlarge)
Click to Enlarge Name: eur0.gif Size: 17 KB
  • #397,715
  • Feb 28, 2011 7:25pm Feb 28, 2011 7:25pm
Quoting knuckledrag
New people require a brutal honesty.

The less they know the better.

Gambling is a brutal business. Given the fact that neither of us move the market and we only speculate on the next move. I personally believe we should eliminate any BS about knowing where the market is going next.

Take your best bet and limit your losses.
  • #397,716
  • Feb 28, 2011 7:28pm Feb 28, 2011 7:28pm
Agreed!!

Quoting knuckledrag
New people require a brutal honesty.

The less they know the better.

Gambling is a brutal business. Given the fact that neither of us move the market and we only speculate on the next move. I personally believe we should eliminate any BS about knowing where the market is going next.

Take your best bet and limit your losses.
  • #397,717
  • Feb 28, 2011 7:28pm Feb 28, 2011 7:28pm
Quoting gatorinla
no st bears w/o 3801.7 mid 308.2
i just keep moving up sl just below
it didn't get its pip at 3779
3779 still valid until we make a higher high.
so a wtf, to it is possible until then
closed long.. 16+
those who can, do. those who cant, talk about those who can
  • #397,718
  • Feb 28, 2011 7:31pm Feb 28, 2011 7:31pm
Quoting gatorinla
closed long.. 16+

lol dont tell me u did not hit the head
  • #397,719
  • Feb 28, 2011 7:35pm Feb 28, 2011 7:35pm
m15
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  • #397,720
  • Feb 28, 2011 7:38pm Feb 28, 2011 7:38pm
Quoting kill56
lol dont tell me u did not hit the head
it still may work..but the last bear i got w/o a new high is 3798.5
i didn't want to give it all back. i still think 3779 will get its pip.. only a new high will invalidate it. i almost had my ducks lined
up for a short.. but it never got there.. i suspect the 42 target would have done it.. but as said, i wasn't giving it all back. i gave 14 back, that was enough.
those who can, do. those who cant, talk about those who can
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