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  • #409,461
  • Mar 18, 2011 5:26am Mar 18, 2011 5:26am
Quoting kill56
the dam boxes
Ha ... yes ... no problem ... in case of they are constructed well you can stack or pile them up for a while ...

Somehow I have got that uncertain feeling ...

We 'll pile 'em up ...

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #409,462
  • Mar 18, 2011 5:26am Mar 18, 2011 5:26am
Quoting gatorinla
break out should give 49 pips the the high at 4093.. = 4142... it agrees with the predictive from January's low at 4135.5.. close enough fo me.. 4144 is a candle close. i look to short in this area. tp on my long.. confluence with 3 things.
also 4131 is r2 monthy

4142 is a 2008 number
those who can, do. those who cant, talk about those who can
  • #409,463
  • Mar 18, 2011 5:27am Mar 18, 2011 5:27am
Quoting abajiga
My take profit is @ 1.41056! I have a long way to go ;-)
Looks like I might be done with this one soon! ;-) Looking good so far!
Time Is Money
  • #409,464
  • Mar 18, 2011 5:27am Mar 18, 2011 5:27am
Quoting T@rantula
Yes. But if EU session doesnt test it, then its a Direct rise, and I have warned about that.

( 4062)
sorry i'm a little slow this morning,,,could you explain further. thnks G.
  • #409,465
  • Mar 18, 2011 5:29am Mar 18, 2011 5:29am
Quoting gatorinla
break out should give 49 pips the the high at 4093.. = 4142... it agrees with the predictive from January's low at 4135.5.. close enough fo me.. 4144 is a candle close. i look to short in this area. tp on my long.. confluence with 3 things.
good call lst night you nailed the ty high to within a pip again...
  • #409,466
  • Mar 18, 2011 5:30am Mar 18, 2011 5:30am
hourly...bbl, good luck, PTL
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Look Sharp/Trade Tight
  • #409,467
  • Mar 18, 2011 5:30am Mar 18, 2011 5:30am
Quoting Patience
It was around midnight for me when it was tested and I'm in London. All these timezones can get a little confusing. You caught that large candle up? If so, nice one I was a little busy attending to my A/J positions. Thanks BoJ
Congrats Patience
  • #409,468
  • Mar 18, 2011 5:31am Mar 18, 2011 5:31am
Quoting gordonfx
sorry i'm a little slow this morning,,,could you explain further. thnks G.
Me too Tarantula. I'm not really understanding that one either. One pivot touch is good enough for me. I get a little nervy if it hasn't touched pivot but looking at PA this morning, it was silly of me not to have gone long before I hit the sack very early this morning.
Nothing worth having is easy.
  • #409,469
  • Mar 18, 2011 5:31am Mar 18, 2011 5:31am
Quoting jezek5
has anyone else herd any talk
about china maybe raising rates tomorrow?
rtrs - china's central bank raises required reserve ratio by 50 basis points
You can remain irrational longer than you can remain solvent.
  • #409,470
  • Mar 18, 2011 5:34am Mar 18, 2011 5:34am
Quoting pipper
Pending short 1.4109
by what reason..kindly explain ..thx
  • #409,471
  • Mar 18, 2011 5:37am Mar 18, 2011 5:37am
Quoting gordonfx
sorry i'm a little slow this morning,,,could you explain further. thnks G.
EU session usually test DPP or a lower TL during the session. Why? Because most of the time the price is RANGING not TRENDING. If we have a clear TREND such as now we should at least drop to a lower TL or fib ( usually close to DPP) and bounce from there.

As Gator said and I have agreed with him. The price wanted to test 4010 and possibly 3986 but the upside pressure is pretty strong as we also trade Friday- profit taking day.

A direct rise happens without a re test of lower confluence levels and usually is characterized with white soldiers on higher intraday timeframes whereas there is no trending conditions ( retracements) as retracements are THE PART of the trend.

A close above 4095 is needed to push the pair up to 4127.
  • #409,472
  • Mar 18, 2011 5:38am Mar 18, 2011 5:38am
pivot power on lax news day...
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  • #409,473
  • Mar 18, 2011 5:38am Mar 18, 2011 5:38am
I would but then i'd have to kill you

Gone short 1.4094.. Stop 1.4110

Quoting Maan Ch.
by what reason..kindly explain ..thx
Disclaimer: Check your 1m charts
  • #409,474
  • Mar 18, 2011 5:40am Mar 18, 2011 5:40am
Quoting pipper
I would but then i'd have to kill you

Gone short 1.4094.. Stop 1.4110

haha ok friend gud luck to you over this..
  • #409,475
  • Mar 18, 2011 5:41am Mar 18, 2011 5:41am
Quoting mercy seat
Ha ... yes ... no problem ... in case of they are constructed well you can stack or pile them up for a while ...

Somehow I have got that uncertain feeling ...

We 'll pile 'em up ...

dont u love it i dont care where it gos we might see 4250 still trading the levels
  • #409,476
  • Mar 18, 2011 5:42am Mar 18, 2011 5:42am
Quoting T@rantula
Thats why I prefer H1 close entries. Movements on m5 are the strongest 5m before and 5m after the close of h1.

If u trade m5 u can be stopped out due to volatility of 5m before/after close.
I avoid M5 at all cost. In my books M5 has only one very specific function in my trading. London open and London close.... the rest of the day I leave it for the experts to trade with it as I completely useless trading M5.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #409,477
  • Mar 18, 2011 5:42am Mar 18, 2011 5:42am
In work bro so don't have time to post at mo

Quoting Maan Ch.
haha ok friend gud luck to you over this..
Disclaimer: Check your 1m charts
  • #409,478
  • Mar 18, 2011 5:44am Mar 18, 2011 5:44am
Quoting T@rantula
EU session usually test DPP or a lower TL during the session.
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  • #409,479
  • Mar 18, 2011 5:44am Mar 18, 2011 5:44am
Quoting pipper
In work bro so don't have time to post at mo
No pblm mate go ahead..
  • #409,480
  • Mar 18, 2011 5:45am Mar 18, 2011 5:45am
Quoting FibbinArchie
good call lst night you nailed the ty high to within a pip again...
got lucky.
keep your eyes open for 4142. area. i will short with a candle. it should be a decent move. maybe 160 pips
those who can, do. those who cant, talk about those who can
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