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Price is everything

  • #14,921
  • Apr 7, 2011 3:46am Apr 7, 2011 3:46am
Quoting emene
Hello pipholes. One more for the archives.
It just makes so much sense!
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  • #14,922
  • Apr 7, 2011 3:57am Apr 7, 2011 3:57am
bought loony @ retest of H&S
  • #14,923
  • Apr 7, 2011 4:03am Apr 7, 2011 4:03am
Quoting redsword11
bought loony @ retest of H&S

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  • #14,924
  • Apr 7, 2011 4:31am Apr 7, 2011 4:31am
Quoting redsword11
Attachment
Buying on the Downtrend ?
  • #14,925
  • Apr 7, 2011 4:45am Apr 7, 2011 4:45am
What do you prefer ? Buying at the start of an uptrend or at the end of an uptrend ? Most traders wait for the trend to appear and jump in too late, ending up buying at supply levels.

Quoting adriann
Buying on the Downtrend ?
Hello.
  • #14,926
  • Apr 7, 2011 4:47am Apr 7, 2011 4:47am
Quoting adriann
Buying on the Downtrend ?

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  • #14,927
  • Apr 7, 2011 4:49am Apr 7, 2011 4:49am
thats true .
but on your image.

i cannot see any reason to stop downtrend yet.

coz you get selling from Support.
and your pin bar is just Short Covering. coz its on wrong place . with small tail.

so not enought power to stop downtrend.
also this downtrend is not oversold yet.
  • #14,928
  • Apr 7, 2011 4:51am Apr 7, 2011 4:51am
Quoting adriann
thats true .
but on your image.

i cannot see any reason to stop downtrend yet.

coz you get selling from Support.
and your pin bar is just Short Covering. coz its on wrong place . with small tail.

so not enought power to stop downtrend.
also this downtrend is not oversold yet.

have you sold it ?


if so, please post it
  • #14,929
  • Apr 7, 2011 4:54am Apr 7, 2011 4:54am
Quoting emene
What do you prefer ? Buying at the start of an uptrend or at the end of an uptrend ? Most traders wait for the trend to appear and jump in too late, ending up buying at supply levels.
i forgot add image so here is my reasons
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  • #14,930
  • Apr 7, 2011 4:56am Apr 7, 2011 4:56am
Quoting redsword11
have you sold it ?

if so, please post it
no coz at that bounce i was sleeping : )
so i have to be up too early
and currently iam in 3trades .
and today we have lot of NEWS so dont think i take this position either
  • #14,931
  • Apr 7, 2011 5:00am Apr 7, 2011 5:00am
Quoting adriann
i forgot add image so here is my reasons

point taken - could be a HL here

..... risk is managed stops @ 0.95811
  • #14,932
  • Apr 7, 2011 5:23am Apr 7, 2011 5:23am
e/y at demand zone
  • #14,933
  • Apr 7, 2011 5:41am Apr 7, 2011 5:41am
Quoting FOURX
e/y at demand zone
On H4, demand looks almost penetrated

But on a bounce from such a supply level, I'd personally rather look at the larger TF and await PA at the lower demand level.
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  • #14,934
  • Apr 7, 2011 5:43am Apr 7, 2011 5:43am
Quoting Ifmyante
On H4, demand looks almost penetrated

But on a bounce from such a supply level, I'd personally rather look at the larger TF and await PA at the lower demand level.
  • #14,935
  • Apr 7, 2011 5:47am Apr 7, 2011 5:47am
Understand though that I can't post any valuable views or advice regarding scalping
  • #14,936
  • Apr 7, 2011 5:52am Apr 7, 2011 5:52am
Quoting Ifmyante
Understand though that I can't post any valuable views or advice regarding scalping
Not necessary ,you can post larger TF also .

Any pair, Any TF, Welcome.
  • #14,937
  • Apr 7, 2011 6:00am Apr 7, 2011 6:00am
Quoting honeybhi
Not necessary ,you can post larger TF also .

Any pair, Any TF, Welcome.
But my FSM, this is truly the place to learn to scalp!!
This is truly the place to learn to trade. Full stop...
  • #14,938
  • Apr 7, 2011 6:06am Apr 7, 2011 6:06am
took a short after PA @ the supply, now waiting for PA at the demand for hevy longs
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  • #14,939
  • Apr 7, 2011 6:07am Apr 7, 2011 6:07am
ECOFIN Meetings.... and many other news will make the market crazy
  • #14,940
  • Apr 7, 2011 6:17am Apr 7, 2011 6:17am
Covered shorts, waiting for a move to the supply zone
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