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Price is everything

  • #13,801
  • Mar 29, 2011 9:11am Mar 29, 2011 9:11am
Quoting Venice
Hey look, pips! Well done Red. Looking to close at this supply zone or take it higher?


closed most of everything, will monitor



markets got nothing we PA traders can't read - let it fcuking try us
  • #13,802
  • Mar 29, 2011 9:11am Mar 29, 2011 9:11am
Quoting Venice
Hey look, pips! Well done Red. Looking to close at this supply zone or take it higher?

Quoting redsword11
Attachment



closed most
  • #13,803
  • Mar 29, 2011 9:12am Mar 29, 2011 9:12am
Just to add to Red's PA explanation re a possible change in momentum, the bullish oscillator divergence on t/f's to 5min implied that the selling momentum could be lessening and that if buyers were present they could overwhelm sellers...where is there the greatest chance of an imbalance of demand/supply (buyers over sellers ?) answer - at potential support - in this case a previous 1hr swing lo zone that was also the same on 4hr.

Just gotta look for the clues in PA and other tools if used.

G/L
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ex member
  • #13,804
  • Mar 29, 2011 9:12am Mar 29, 2011 9:12am
Quoting redsword11
closed most of everything, will monitor



markets got nothing we PA traders can't read - let it fcuking try us
Yup, and that just came from me looking at a 5m chart on finviz.com.

This stuff is so basic and easy... no need to make it harder then it is, because it isn't.
  • #13,805
  • Mar 29, 2011 9:14am Mar 29, 2011 9:14am
lolol, and the supply consumption begins.
  • #13,806
  • Mar 29, 2011 9:18am Mar 29, 2011 9:18am
F execution, I need more accurate chartin. Oanda isnt giving me candles anything like yours red.
  • #13,807
  • Mar 29, 2011 9:21am Mar 29, 2011 9:21am
Quoting HoyPip
F execution, I need more accurate chartin. Oanda isnt giving me candles anything like yours red.
Doesn't oanda operate on NY time?

I know mine can be slightly off too, I am GMT+2. GMT + 0 is the best as it aligns with London.
  • #13,808
  • Mar 29, 2011 9:23am Mar 29, 2011 9:23am
Quoting geniusztc
so ,,,,,where is your positions now ?


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its here now ............
  • #13,809
  • Mar 29, 2011 9:23am Mar 29, 2011 9:23am
London is gmt +1 at the moment ( = bst) New York = gmt +6 at the moment = edt (edt = est +1)

It doesn't matter what time your MT4 broker is for 1min 5min 15min 30min and 1hr candles - they should all be roughly equal - it only matters for 4hr and daily, and less imprtant I guess for weekly and monthly.

Quoting Venice
Doesn't oanda operate on NY time?

I know mine can be slightly off too, I am GMT+2. GMT + 0 is the best as it aligns with London.
ex member
  • #13,810
  • Mar 29, 2011 9:33am Mar 29, 2011 9:33am
Quoting geniusztc
so ,,,,,where is your positions now ?
Mate you can't challenging RED sorry I mean yea you can try it but....
  • #13,811
  • Mar 29, 2011 9:34am Mar 29, 2011 9:34am
This is n00barific, but does the broker time zone dictate how the candles are actually formed? Like I said, I had nothing like the art Red was displaying with those candle bodies.
  • #13,812
  • Mar 29, 2011 9:35am Mar 29, 2011 9:35am
Quoting redsword11
Attachment



its here now ............
Nice trade.

Look at the chart again and take note how they could not close a candle under that first pin Red has market.That pin held as support.

It's true, those institutional f*ckers can't hide what they are doing. It's all in the charts.
  • #13,813
  • Mar 29, 2011 9:35am Mar 29, 2011 9:35am
Quoting redsword11
added 4.369

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closed some
  • #13,814
  • Mar 29, 2011 9:36am Mar 29, 2011 9:36am
got stopped out twice before EU went up without me.

http://i54.tinypic.com/1oubli.gif
  • #13,815
  • Mar 29, 2011 9:37am Mar 29, 2011 9:37am
Quoting HoyPip
This is n00barific, but does the broker time zone dictate how the candles are actually formed? Like I said, I had nothing like the art Red was displaying with those candle bodies.
broker server time zone. The poster above me is right as well. The biggest influenced candles are 4h and daily.

All the other times are divisible into an hour and thus irrelevant.
  • #13,816
  • Mar 29, 2011 9:38am Mar 29, 2011 9:38am
Quoting geniusztc
so ,,,,,where is your positions now ?
And while this guy was busy mocking... red was making pips. lol
  • #13,817
  • Mar 29, 2011 9:39am Mar 29, 2011 9:39am
Quoting Dishwasher
Nice trade.

Look at the chart again and take note how they could not close a candle under that first pin Red has market.That pin held as support.

It's true, those institutional f*ckers can't hide what they are doing. It's all in the charts.


IN PLAIN VIEW OR HIDDEN IN PLAIN VIEW


with you my friend to the market end - bring it down, all of it



nothing less than legendary will do
  • #13,818
  • Mar 29, 2011 9:42am Mar 29, 2011 9:42am
Quoting redsword11
closed most of everything, will monitor



markets got nothing we PA traders can't read - let it fcuking try us
Hope can be PA traders same as you one day.
Today's You was Your previously Thought.
  • #13,819
  • Mar 29, 2011 9:46am Mar 29, 2011 9:46am
hi Red,
Would i be right to think of going long now at 1.4070?
We are revisiting a pivot level where we have just determined that demand exists with a larger amount of buyers than sellers?
  • #13,820
  • Mar 29, 2011 9:49am Mar 29, 2011 9:49am
Quoting justinforex
Hope can be PA traders same as you one day.

There is no other way mate. This stuff is plain as day on the charts... but yes, it does take some time to get use too.

Once you get use to seeing it and watching it, it becomes plain as day.

Like I said, experience is the key here. Keep plugging at it and don't quite. Anyone can get this, it just takes time.
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