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  • #414,461
  • Mar 28, 2011 1:13pm Mar 28, 2011 1:13pm
tell God Ive taken a crude short, what does he think!
rat
  • #414,462
  • Mar 28, 2011 1:17pm Mar 28, 2011 1:17pm
Long 1.4085.
Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.
  • #414,463
  • Mar 28, 2011 1:24pm Mar 28, 2011 1:24pm
Quoting zusch
Long 1.4085.
why ?

gold is gold.
  • #414,464
  • Mar 28, 2011 1:25pm Mar 28, 2011 1:25pm
Quoting forexcompoun
Turn your heart to Christ and function from a position of rest............
The Beastie Boys agree:

"We're just 3 M.C.'s and we're on the go
Shadrach, Meshach, and Abednego"

Uhhhh maybe.

Hit it.
  • #414,465
  • Mar 28, 2011 1:26pm Mar 28, 2011 1:26pm
Quoting SunTrader
The Beastie Boys agree:

"We're just 3 M.C.'s and we're on the go
Shadrach, Meshach, and Abednego"

Uhhhh maybe.

Hit it.

which beastie boy said LONG? Mike D, MCA or AD-Rock?
rat
  • #414,466
  • Mar 28, 2011 1:27pm Mar 28, 2011 1:27pm
Quoting sergevi
why ?

Because he bought...
  • #414,467
  • Mar 28, 2011 1:34pm Mar 28, 2011 1:34pm
Quoting sergevi
why ?

There is MAJOR support @ 1.4084 next levels of minor support are 1.4134 and 1.4184
Draw horizontal lines on these levels and see for yourself.

Happy trading!
Meshach
  • #414,468
  • Mar 28, 2011 1:35pm Mar 28, 2011 1:35pm
Does that mean when you take a bad trade you can blame it on God??

Dang, all this time blaming myself and all
Never say never.
  • #414,469
  • Mar 28, 2011 1:36pm Mar 28, 2011 1:36pm
Quoting rattyo
volume in forex is a waste of time
as far as liquidity is concerned it quite helps
  • #414,470
  • Mar 28, 2011 1:38pm Mar 28, 2011 1:38pm
Quoting forexcompoun
There is MAJOR support @ 1.4084 next levels of minor support are 1.4134 and 1.4184
Draw horizontal lines on these levels and see for yourself.

Happy trading!
Meshach
but look left..we dropped at these levels...risky in my opinion unless you a scalper
  • #414,471
  • Mar 28, 2011 1:38pm Mar 28, 2011 1:38pm
Quoting forexcompoun
There is MAJOR support @ 1.4084 next levels of minor support are 1.4134 and 1.4184
Draw horizontal lines on these levels and see for yourself.

Happy trading!
Meshach
Thank you didn't see like this.
i was just watching the rejection of daily pivot and the down trend.

i will take more care horizontal lines now.

( yes yes, i'm in a short now

thx
gold is gold.
  • #414,472
  • Mar 28, 2011 1:42pm Mar 28, 2011 1:42pm
Quoting sergevi
why ?

100ema, ds1, 2 recent price reactions at that level...

seen the beasties twice, Reading 98 and Southside 07, quality...

Inserted Video
  • #414,473
  • Mar 28, 2011 1:44pm Mar 28, 2011 1:44pm
Quoting sergevi
why ?

Bullish engulfing on 5 min, area of support, near bottom of bull flag trendline, and near 38.2 Fib of previous 240 min bar.

I'm also biased long for the week based on weekly chart.
Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.
  • #414,474
  • Mar 28, 2011 1:47pm Mar 28, 2011 1:47pm
Quoting FibbinArchie
100ema, ds1, 2 recent price reactions at that level...

seen the beasties twice, Reading 98 and Southside 07, quality...

http://www.youtube.com/watch?v=5_CUfFeNsHc
ha.. interesting, my Ds1 is at 1.4160.. but i use fibo, maybe that's why ?

but its maybe my strategie, i simply watch 200ema direction and trade of bounce at pivot or S/R lines accordingly. ( doesn't work always of course).
gold is gold.
  • #414,475
  • Mar 28, 2011 1:50pm Mar 28, 2011 1:50pm
Quoting sergevi
ha.. interesting, my Ds1 is at 1.4160.. but i use fibo, maybe that's why ?

but its maybe my strategie, i simply watch 200ema direction and trade of bounce at pivot or S/R lines accordingly. ( doesn't work always of course).
whatever gives you your edge, it's all good, we're all individuals and trade different...
  • #414,476
  • Mar 28, 2011 1:51pm Mar 28, 2011 1:51pm
Quoting FibbinArchie
whatever gives you your edge, it's all good, we're all individuals and trade different...
you're right thx

i always find funny we all see diferent things on the same chart ( i mean, same data ).
gold is gold.
  • #414,477
  • Mar 28, 2011 1:56pm Mar 28, 2011 1:56pm
what you all think?
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Learning is a Journey Not a Destination
  • #414,478
  • Mar 28, 2011 1:57pm Mar 28, 2011 1:57pm
Quoting Venice
Because he bought...
Is he probably on a MT4 criminal in which case he actually sold lol
  • #414,479
  • Mar 28, 2011 1:58pm Mar 28, 2011 1:58pm
Quoting rattyo
volume in forex is a waste of time
Time and again I have heard people make this assertion about volume. I really don't wanna have to argue with them. VSA makes alot of sense to me but since there really is no centralized exchange for FOREX, different brokers would give you different volume readings.

I came up with a beautiful way of still using volume a little bit "indirectly".
Let me explain how I do this. We can't see the wind, we can't tell where it goes or where it is coming from yet we can see its EFFECTS.

Same way, we can use the SPREAD of the candle to indirectly tell the effect of the volume. If you've ever seen a screen shot of the trade guider software, you would notice that it takes into cognizance the following parameters:
(1) Bar
(2) Close
(3) Volume
(4) Spread and
(5) Change

On my chart you would notice that I use ATR. This is simply a measure of the spread. So rather than use the volume directly, I use the spread (ATR).

Maybe I can officially launch my proprietary trading method at this juncture - MSA (Meshach's Spread Analysis).

Let's kick the volume out and create less reasons for traders to dismiss the usage of this wonderful trading technique.

I also would use this opportunity to thank Tom Williams for blessing the FOREX world with his beautiful book "Master The Markets"

Happy trading!
Meshach.
  • #414,480
  • Mar 28, 2011 1:58pm Mar 28, 2011 1:58pm
Quoting FibbinArchie
100ema, ds1, 2 recent price reactions at that level...

seen the beasties twice, Reading 98 and Southside 07, quality...

http://www.youtube.com/watch?v=5_CUfFeNsHc

I saw them at the Brixton Academy 1995 around that year
rat
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