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  • #411,261
  • Mar 22, 2011 6:07am Mar 22, 2011 6:07am
Quoting PriceVolume
Hey T....you planning on a SAR at 4280 if PA warrants it? I'll be tempted to short it if we see some decent rejection....
You wouldnt believe it but it may go to 4303 if 4280 doesnt rejects it fast. Then I will look for shorts.
  • #411,262
  • Mar 22, 2011 6:10am Mar 22, 2011 6:10am
Quoting T@rantula
You wouldnt believe it but it may go to 4303 if 4280 doesnt rejects it fast. Then I will look for shorts.
Where are you getting 4303 from T? I've got 4326 off a monthly...
  • #411,263
  • Mar 22, 2011 6:11am Mar 22, 2011 6:11am
Quoting T@rantula
You can have it on h1 also mate 9.00h candle ( london +1 gmt) closed exactly @ 4225.
Thats not a valid retrace in my books mate. I am very strict on TA when playing S/R and like yesterday although it closed down it was not in any way near H1 support at least to consider a long.

A couple of times a year when market is in extreme mode (fear of mania) I miss a few day intraday if I am not positioned before hand because of this very shallow pullbacks/retrace on an extreme slope uptrend/downtrend ... and I prefer to keep it that way .... well done on that fast entry btw.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #411,264
  • Mar 22, 2011 6:17am Mar 22, 2011 6:17am
Well, that's the discretionary nature of trading. To some people, something might be a touch of an SR point, to others, it's not.
  • #411,265
  • Mar 22, 2011 6:17am Mar 22, 2011 6:17am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
Quoting T@rantula
You wouldnt believe it but it may go to 4303 if 4280 doesnt rejects it fast. Then I will look for shorts.
that's a nice one...lols my last murrey stop is @ 1.4282 up to daily. After it's 1.4404 on weekly...imo it should not go there as then super overbought but then again this is forex so who knows...
The forex market has its own life and takes its own time.
  • #411,266
  • Mar 22, 2011 6:17am Mar 22, 2011 6:17am
Quoting PriceVolume
Where are you getting 4303 from T? I've got 4326 off a monthly...
Fib confluence (161.8) and the top of BB ( P=100)
  • #411,267
  • Mar 22, 2011 6:18am Mar 22, 2011 6:18am
Quoting farzadinio
what do you say guys?
Too tight stop we say again ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #411,268
  • Mar 22, 2011 6:19am Mar 22, 2011 6:19am
Quoting sisse
IMO, more important than the prev hourly is yst high. From a strictly TA point of view there is a new break up there.... if you buy a break on highs thats a different issue... let see if they are going to push further up before US.

sisse
oh, not to mention differing timeframes.
  • #411,269
  • Mar 22, 2011 6:20am Mar 22, 2011 6:20am
Quoting sisse
Thats not a valid retrace in my books mate. I am very strict on TA when playing S/R and like yesterday although it closed down it was not in any way near H1 support at least to consider a long.

A couple of times a year when market is in extreme mode (fear of mania) I miss a few day intraday if I am not positioned before hand because of this very shallow pullbacks/retrace on an extreme slope uptrend/downtrend ... and I prefer to keep it that way .... well done on that fast entry btw.

sisse
No worries. Draw a channel. The middle line is where it retraced and it was near 76.4 ( 4216)
  • #411,270
  • Mar 22, 2011 6:22am Mar 22, 2011 6:22am
Quoting razldazl
Yes, the last hourly bar closed very bullish...I was looking for 4280 like everyone else on the planet, so that means it will probly drop to hell what made you call yourself fishhead, its a very funny name! I must have been in a very cheery mood when I came up with my name, maybe we can swap I kind of like fishhead better...lol. Anyway good luck all
Yeah, I would've kept it but I was also worried about it testing 4202 again so I jumped at a chance to get out and so I could re-enter down there. Damn mind games.

BTW, my name is a nod to the Mon Calamari race from Star Wars. I love those guys.
  • #411,271
  • Mar 22, 2011 6:22am Mar 22, 2011 6:22am
Quoting T@rantula
No worries. Draw a channel. The middle line is where it retraced and it was near 76.4 ( 4216)
drawing a channel always helps
  • #411,272
  • Mar 22, 2011 6:25am Mar 22, 2011 6:25am
Quoting T@rantula
No worries. Draw a channel. The middle line is where it retraced and it was near 76.4 ( 4216)
I see what you mean with the channel but I am a Horizontal trader (lol) so I don't bother with verticals below daily ... but sure nice entry.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #411,273
  • Mar 22, 2011 6:25am Mar 22, 2011 6:25am
Quoting T@rantula
Fib confluence (161.8) and the top of BB ( P=100)
Thanks
  • #411,274
  • Mar 22, 2011 6:30am Mar 22, 2011 6:30am
Price reaching close to Nov high.

Any ideas?
  • #411,275
  • Mar 22, 2011 6:33am Mar 22, 2011 6:33am
Quoting qwertymyfx
Price reaching close to Nov high.

Any ideas?
Buy on dips till it gets there?
  • #411,276
  • Mar 22, 2011 6:34am Mar 22, 2011 6:34am
Quoting FishHead
Buy on dips till it gets there?
And once it gets there?
  • #411,277
  • Mar 22, 2011 6:35am Mar 22, 2011 6:35am
the new korharmonics indi at the G Y enjoy

http://www.forexfactory.com/showthread.php?t=246111
  • #411,278
  • Mar 22, 2011 6:39am Mar 22, 2011 6:39am
Quoting kill56
the new korharmonics indi at the G Y enjoy

http://www.forexfactory.com/showthread.php?t=246111
Lol, that is a hilarious thread.
  • #411,279
  • Mar 22, 2011 6:40am Mar 22, 2011 6:40am
Quoting sisse
I see what you mean with the channel but I am a Horizontal trader (lol) so I don't bother with verticals below daily ... but sure nice entry.

sisse
Thanks mate.
  • #411,280
  • Mar 22, 2011 6:43am Mar 22, 2011 6:43am
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
Quoting qwertymyfx
And once it gets there?

then hopefully back down to 4267, 4252, 4236 or 4221 / depending on how you like to trade......
The forex market has its own life and takes its own time.
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