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Price is everything

  • #14,501
  • Apr 4, 2011 11:05am Apr 4, 2011 11:05am
bought cable @6116 - tight sl - let see if it works..
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  • #14,502
  • Apr 4, 2011 11:05am Apr 4, 2011 11:05am
Quoting anthoniex
GU
AUD
PA Watch
Do you think this is an expanding diagonal on GU poised for 6225 supply area?
Shapeshift greed and catch em' off guard
  • #14,503
  • Apr 4, 2011 11:15am Apr 4, 2011 11:15am
Quoting redsword11
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further PA ...... hmmmmmm
  • #14,504
  • Apr 4, 2011 11:17am Apr 4, 2011 11:17am
one at be+1 another with 6 pips. still got one stuck at 4213.

we haven't complete a bull cycle yet. missed it by 0.3 pips. don't know it that could be called completed LOL.

also we have a small gap at 42036. if we complete the bull i will load more on the pull back (probably at the gap).

trickky...
dreams do come true.
  • #14,505
  • Apr 4, 2011 11:21am Apr 4, 2011 11:21am
Quoting redsword11
Attachment
hi red, just curious, what PA did you see in terms of the candles other than price filling the gap. if it was just the gap alone I suspect you would have just bought at the bottom of the gap. thanks.
  • #14,506
  • Apr 4, 2011 11:22am Apr 4, 2011 11:22am
Quoting redsword11
Attachment



further PA ...... hmmmmmm
When you say filling the underwick are you referring to the underwick of the bear breakout candle?
Thanks
Shapeshift greed and catch em' off guard
  • #14,507
  • Apr 4, 2011 11:23am Apr 4, 2011 11:23am
might retrace some. loading one more long if we go down.

Quoting wannaberich
one at be+1 another with 6 pips. still got one stuck at 4213.

we haven't complete a bull cycle yet. missed it by 0.3 pips. don't know it that could be called completed LOL.

also we have a small gap at 42036. if we complete the bull i will load more on the pull back (probably at the gap).

trickky...
dreams do come true.
  • #14,508
  • Apr 4, 2011 11:29am Apr 4, 2011 11:29am
EU -DAILY

This is what I got. I see few resistances near by and ould like to see 1.4250 broken and tested before it keeps going up. fwiw
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  • #14,509
  • Apr 4, 2011 11:29am Apr 4, 2011 11:29am
hello red and everybody...
Iam very much new to forex so u can call me a newbie .. i was a frequent follower on eu thread but never dared to ask anything coz instead of getting answer was sure of getting ridiculed..and now this has been the kind of thread which i was looking for ..exact my type ..only charts and explanations ..
i wud luv to have mentors like u all.. hope u wud help me in this journey and not get annoyed by my silly newbie questions ...

looking fwd to ur replies ...
  • #14,510
  • Apr 4, 2011 11:29am Apr 4, 2011 11:29am
Quoting vyder
hi red, just curious, what PA did you see in terms of the candles other than price filling the gap. if it was just the gap alone I suspect you would have just bought at the bottom of the gap. thanks.

l missed the bottom of the gap reacted too fast - no PA in particular for entry


this stuff just gaps north all the time from demand - managed risk so l am in
  • #14,511
  • Apr 4, 2011 11:32am Apr 4, 2011 11:32am
Quoting Czaray
When you say filling the underwick are you referring to the underwick of the bear breakout candle?
Thanks

refering to the underwick of the bull pin - will it gets filled by preceeding bear - then the pin would LOOK LIKE REJECTION when infact it was demand consumption ...... its not happened, its held north, so it rejection as it stands for a scalp north - not in it thou, holding cable north
  • #14,512
  • Apr 4, 2011 11:37am Apr 4, 2011 11:37am
pa is not so exciting. moved stop @be

Quoting KennyZ
bought cable @6116 - tight sl - let see if it works..
  • #14,513
  • Apr 4, 2011 11:43am Apr 4, 2011 11:43am
Quoting Czaray
Do you think this is an expanding diagonal on GU poised for 6225 supply area?
sorry giving you wrong chart earlier...
and charting a bit slow without a mouse on my laptop.
http://www.forexfactory.com/showpost...ostcount=14291
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  • #14,514
  • Apr 4, 2011 11:47am Apr 4, 2011 11:47am
take everyone's advice, read some of the articles and videos. read lots of the charts off the thread, trying things out.

comments are welcome.

Thanks
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update: the price drop it like it is hot. LOL
  • #14,515
  • Apr 4, 2011 12:06pm Apr 4, 2011 12:06pm
Quoting redsword11
Attachment



further PA ...... hmmmmmm
and you were right.
  • #14,516
  • Apr 4, 2011 12:06pm Apr 4, 2011 12:06pm
for a few pips... slipped more than i expected. still completing bull cycles (just completed another so could pull back some now, safer below 4214) but it's enough for today.

not a very clean day but still 57 pips on 9 trades, no losses.

heading home to the family...

see u guys tomorrow.
dreams do come true.
  • #14,517
  • Apr 4, 2011 12:12pm Apr 4, 2011 12:12pm
any comments welcome...
the zone which i have highlighted is a demand zone..if im not wrong so further more wht should i be looking for entry ...
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  • #14,518
  • Apr 4, 2011 12:19pm Apr 4, 2011 12:19pm
Quoting wannaberich
for a few pips... slipped more than i expected. still completing bull cycles (just completed another so could pull back some now, safer below 4214) but it's enough for today.

not a very clean day but still 57 pips on 9 trades, no losses.

heading home to the family...

see u guys tomorrow.
Cheers. Can't complain about that,for sure.
  • #14,519
  • Apr 4, 2011 12:20pm Apr 4, 2011 12:20pm
scalped for 11p...

Quoting KennyZ
pa is not so exciting. moved stop @be
  • #14,520
  • Apr 4, 2011 12:24pm Apr 4, 2011 12:24pm
Hey guys how was the day? I'm in a crappy hotel room right now, but i managed to install mt4 and a pic of long trade on loonie i took this morning before taking off.

Have I ever spoke of diagonals?

I miss posting, damn, it's addictive. Enjoy your trades fellows, trading must be fun above all.

Cheers.
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Hello.
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