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  • #417,241
  • Apr 3, 2011 8:33pm Apr 3, 2011 8:33pm
Quoting Magix
My offering was immediately rejected, snapping 3 digits in 4 places, removing skin and fingernails as a sign of their contempt...
Yikes! Which hand? Any loss of range of motion in the prognosis?
  • #417,242
  • Apr 3, 2011 8:33pm Apr 3, 2011 8:33pm
I dont understand anyone who doesn't believe in Support & Resistance. Did anyone else notice that PA stopped RIGHT AT the strong support @ 1.4215? I was already in a buy, then I placed a buy right at that point now just WATCH as PA soars back up!!!! The market knows EXACTLY where it's at!!!!
  • #417,243
  • Apr 3, 2011 8:38pm Apr 3, 2011 8:38pm
Quoting OldQuant
Yikes! Which hand? Any loss of range and motion in the prognosis?
It was my "Stranger" hand...

6-8 weeks of healing and I should be back to full use.

But ya know how that goes...the flesh and bones heal, but the pain always remains...

My wife viewed it in a positive light in that I wouldn't spend as much time in the forums...

I can still 1 hand peck with the best of them...she is sad...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #417,244
  • Apr 3, 2011 8:39pm Apr 3, 2011 8:39pm
Quoting TradeBugger
I dont understand anyone who doesn't believe in Support & Resistance. Did anyone else notice that PA stopped RIGHT AT the strong support @ 1.4215? I was already in a buy, then I placed a buy right at that point now just WATCH as PA soars back up!!!! The market knows EXACTLY where it's at!!!!

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trade what you see ?


ok, can do with a trader like you - got it on any instrument ?
  • #417,245
  • Apr 3, 2011 8:40pm Apr 3, 2011 8:40pm
Quoting TradeBugger
I dont understand anyone who doesn't believe in Support & Resistance. Did anyone else notice that PA stopped RIGHT AT the strong support @ 1.4215? I was already in a buy, then I placed a buy right at that point now just WATCH as PA soars back up!!!! The market knows EXACTLY where it's at!!!!
4215 strong support? Based on what premis? Price closed above 4215 on Friday for the first time since 2010... so how has is proven itself as strong support? We closed above it one day in 2010 and the next day it ran away like a scared little girl... no proven support there yet IMHO.
Today's zone = Tomorrow's opportunity!
  • #417,246
  • Apr 3, 2011 8:41pm Apr 3, 2011 8:41pm
Quoting OldQuant
Price action....
Thanks for the explanation OQ.
Just for clarification, so your trading logic is purely based on market depth (bid/ask), and regardless of the historical price movement?

After sold at 40423, do you mean you got out of it and reverse to long position at market when you said rolled the position? ( I assuming you mean 42423 if you mean for EU, coz price of 40423 was never there).

To my understanding, you are using IB, do you think the Market depth they provided has value that form the basis of trading?(obviously you already had as now). But as a decentralized market as forex, the liquidity from one broker is not representative of the whole market, and what you see in one broker's order flow might totally neutralized or overcome by contrary order flow from others.

Quoting OldQuant
If there had been trend roll happening in the 40's, it would now hand the comm back to the trend logic, long.

Edit: Went short at 593 in that 00:30-31 1M up candle.
So how do you determine if there is trend roll if you only look at Bid/Ask, unless you take consideration of price bounce of 40, keeping an eyes on support/resistance, trend line, MA, etc?
  • #417,247
  • Apr 3, 2011 8:42pm Apr 3, 2011 8:42pm
Quoting redsword11
Attachment



trade what you see ?


ok, can do with a trader like you - got it on any instrument ?
Not sure I quite understand you... I trade using S&R, trendlines, & Fibs. But I find it absolutely incredible that the market touched TO THE PIP 1.4215 before heading back up north.... happens time and again.....
  • #417,248
  • Apr 3, 2011 8:44pm Apr 3, 2011 8:44pm
Quoting Mr.Money
I'm Confused now , any opinions ?

What are you confused about?
  • #417,249
  • Apr 3, 2011 8:44pm Apr 3, 2011 8:44pm
Quoting TradeBugger
Not sure I quite understand you... I trade using S&R, trendlines, & Fibs. But I find it absolutely incredible that the market touched TO THE PIP 1.4215 before heading back up north.... happens time and again.....

can you take what you see and trade on eu to any instrument ?


would it change just because it wasn't eu?
  • #417,250
  • Apr 3, 2011 8:48pm Apr 3, 2011 8:48pm
Quoting Venice
What are you confused about?
I'm short now but i afraid it hit the 1.4215 and go up . that's why it's not clear
  • #417,251
  • Apr 3, 2011 8:49pm Apr 3, 2011 8:49pm
Quoting Magix
BlackMailer...

He had pictures of market in some comprimising positions with a goat...

You figure out the rest...

fundamental guy with a little tech. no scalper can do tt.
  • #417,252
  • Apr 3, 2011 8:52pm Apr 3, 2011 8:52pm
Quoting Magix
After 15 CM of Snow, or 6 inches for My American friends, fell on Saturday, For the greater good of my fellow city folk, I had attempted to sacrifice a hand to the snowblower gods...

My offering was immediately rejected, snapping 3 digits in 4 places, removing skin and fingernails as a sign of their contempt...

Who knew they were looking for a virgin?

Kinda dopey on the meds n beers tonight. If I don't make much sense...oh well...

Only here for the entertainment....

Kissing all your digits better....so sorry to hear that .

Thought you were making some sort of trading analogy yesterday.

Ermm ...i'll think up some entertainment... for your freindly (non Stranger hand)
All systems of divination, like music itself,work through patterns.
  • #417,253
  • Apr 3, 2011 8:52pm Apr 3, 2011 8:52pm
DX - June future.
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  • #417,254
  • Apr 3, 2011 8:52pm Apr 3, 2011 8:52pm
Quoting Mr.Money
I'm short now but i afraid it hit the 1.4215 and go up . that's why it's not clear
Very good. You have your level for the trigger.
  • #417,255
  • Apr 3, 2011 8:54pm Apr 3, 2011 8:54pm
i'm short @ 4225
  • #417,256
  • Apr 3, 2011 8:55pm Apr 3, 2011 8:55pm
Yes Venice... 1.4215 is very strong resistance.. just go to H1 & see how many times PA respected that point!

You guys think we'll see a continued uptrend to the very important 1.42800 area where 3 different lines of heavy resistance take place?
  • #417,257
  • Apr 3, 2011 8:56pm Apr 3, 2011 8:56pm
Quoting kaspopsicle
Kissing all your digits better....so sorry to hear that . ...i'll think up some entertainment... for your freindly (non Stranger hand)
I'm pretty much a live-and-let-live kind of guy, so while I do admit I wondered about your gender, in passing, it's not my business, and will think of it nevermore.
  • #417,258
  • Apr 3, 2011 8:56pm Apr 3, 2011 8:56pm
Quoting TradeBugger
Yes Venice... 1.4215 is very strong resistance.. just go to H1 & see how many times PA respected that point!

You guys think we'll see a continued uptrend to the very important 1.42800 area where 3 different lines of heavy resistance take place?
So now 4215 is very strong resistance? Before you called it strong support?
Today's zone = Tomorrow's opportunity!
  • #417,259
  • Apr 3, 2011 8:58pm Apr 3, 2011 8:58pm
We have a triangle on the 5m. Wait for this break before placing your orders.
  • #417,260
  • Apr 3, 2011 8:59pm Apr 3, 2011 8:59pm
Quoting kaspopsicle
Kissing all your digits better....so sorry to hear that .

Thought you were making some sort of trading analogy yesterday.

Ermm ...i'll think up some entertainment... for your freindly (non Stranger hand)
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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