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  • #433,301
  • May 2, 2011 3:32pm May 2, 2011 3:32pm
More downside with levels projected by mercy possible. Could get bumpy though. DX still has some wood to chop, EX right on decision point before giving it some fuel. Be careful with next hourly close. Not taking it (here and now).
  • #433,302
  • May 2, 2011 3:32pm May 2, 2011 3:32pm
Paul1: Are you around, talk to me, what's happening with the charts?
  • #433,303
  • May 2, 2011 3:35pm May 2, 2011 3:35pm
Quoting Venice
Trading 15m charts. Slow and boring
That's why i trade high TF
Now i checked my chart and my Plan time to get some sleep have work early
Cya Tomorrow.
GL All
  • #433,304
  • May 2, 2011 3:36pm May 2, 2011 3:36pm
Quoting egkid
Nope ,I don't use it
BTW: this 1.4820 will b in Play over and over just watch it.
bottom of consolidation range from 2009 high?
  • #433,305
  • May 2, 2011 3:38pm May 2, 2011 3:38pm
Quoting talentfx
See you all tonight got some fun stuff to do instead of gloating to you guys boring see ya happy trading
well done lad, you got out at break even then with your averaging?
  • #433,306
  • May 2, 2011 3:38pm May 2, 2011 3:38pm
i have a genuine question.

why or how do people trade different time frames?

i cant seem to be able to trade time frames separately.


when i look at a daily candle the price is moving the same way as the 1 minute candle. may be my brain is messed up but.

basically trading the 1 minute to me seems like trading the daily i dont understand, some people say noise or the 4hr 1hr 15 minute gives you different set ups and stuff, but to my brain

it all looks the same if price hits 1.4800 it hits the same price across all time frames.

every 5 one minute candles a 5 minute candle is formed according to open high low close of a period of 5 minutes depending on how 5 little one minute candles moved.
and every 3 five minutes a one 15 minute candle gets formed but all have the same price movement.

is there something im missing?

seems like i see the price move the same way across all time frames, just looks like the longer time frames give you a bigger picture of were price has been.
AVT INVENIAM VIAM AVT FACIAM
  • #433,307
  • May 2, 2011 3:41pm May 2, 2011 3:41pm
Quoting the redlion
i have a genuine question.

why or how do people trade different time frames?

i cant seem to be able to trade time frames separately.


when i look at a daily candle the price is moving the same way as the 1 minute candle. may be my brain is messed up but.

basically trading the 1 minute to me seems like trading the daily i dont understand, some people say noise or the 4hr 1hr 15 minute gives you different set ups and stuff, but to my brain

it all looks the same if price hits 1.4800 it hits the same price across all time frames.

every 5 one...
my take is that the higher you go the signals are more reliable, although they are less frequent...
  • #433,308
  • May 2, 2011 3:42pm May 2, 2011 3:42pm
i mean if lets say, price opened at 1.4800 and you look at the 1 hr it opened at 1.4800 and if looking at your little five minute TF the price moved to 1.4900 it closed to 1.4900 in the 4hr as well.

so this is where my confusion lies

price will read the same and will move in the same direction no matter what time frame im looking at.

am i crazy?
AVT INVENIAM VIAM AVT FACIAM
  • #433,309
  • May 2, 2011 3:45pm May 2, 2011 3:45pm
for example im trading in the five minute TF and it looks like the highest price was 1.49011 we are in a ranging market, the rejection from high was about 30 pips and its been moving down ever since 1.48263 is the current price,

below a little above the daily open price of 1.48156, no matter how much i zoom out

the numbers are all the same.
AVT INVENIAM VIAM AVT FACIAM
  • #433,310
  • May 2, 2011 3:46pm May 2, 2011 3:46pm
Quoting the redlion
i have a genuine question.

why or how do people trade different time frames?

i cant seem to be able to trade time frames separately.


when i look at a daily candle the price is moving the same way as the 1 minute candle. may be my brain is messed up but.

basically trading the 1 minute to me seems like trading the daily i dont understand, some people say noise or the 4hr 1hr 15 minute gives you different set ups and stuff, but to my brain

it all looks the same if price hits 1.4800 it hits the same price across all time frames.

every 5 one...

imho, your brain is not messed up, people say they see different setups basically due to the risk appetite their willing to risk. some regarded 100 pip as a normal range to their account and they are watching the larger time frame without giving much thought to the entry or accuracy.

a real trader should be able to watch from m1 to the d1 and know where the direction of the price is heading with regard to all the price action in his head the more u watch the price closely u will be able to memorize what the prize has been doing all night and u will recognize price actions and movement in smaller time frame with the help of larger time frames to give you a guiding light. (taking account the larger time frame pattern)
  • #433,311
  • May 2, 2011 3:46pm May 2, 2011 3:46pm
Quoting the redlion
i mean if lets say, price opened at 1.4800 and you look at the 1 hr it opened at 1.4800 and if looking at your little five minute TF the price moved to 1.4900 it closed to 1.4900 in the 4hr as well.

so this is where my confusion lies

price will read the same and will move in the same direction no matter what time frame im looking at.

am i crazy?
larger TF's slow things down for the eyes....yes it takes 5 one min candles to form one 5 min candle......but you are looking at alot of info with the one min candles...is it going up is it going down....etc....a close of a 5 min candle...a close of a 15 min candle a close of a 1 hour candle.....shows you more of an overall view of the trading for the whole time period.
I don't trust any move - when you have profit...take it.
  • #433,312
  • May 2, 2011 3:46pm May 2, 2011 3:46pm
dunno if this helps clarify... (fractals in technical analysis have a different meaning - a high bar preceded by and followed by two lower highs, reverse for bear fractal), but I think it demonstrates the concept of time frames and sub trends quite well, although could just be me...

Inserted Video
  • #433,313
  • May 2, 2011 3:47pm May 2, 2011 3:47pm
Quoting the redlion
i have a genuine question.

why or how do people trade different time frames?

i cant seem to be able to trade time frames separately.


when i look at a daily candle the price is moving the same way as the 1 minute candle. may be my brain is messed up but.

basically trading the 1 minute to me seems like trading the daily i dont understand, some people say noise or the 4hr 1hr 15 minute gives you different set ups and stuff, but to my brain

it all looks the same if price hits 1.4800 it hits the same price across all time frames.

every...
Redlion: The support and resistance points are pronounced on large time frames. Large Time frames tells you the trend direction. The larger the timeframe the larger the risk the larger the profit. The smaller the time frame, the smaller the risk the smaller the profit.

The size of your profit depends on your account size and your account size dictates the best time frame to trade.

Its alot to share, this just scratches the surface.
  • #433,314
  • May 2, 2011 3:51pm May 2, 2011 3:51pm
Quoting Faller
larger TF's slow things down for the eyes....yes it takes 5 one min candles to form one 5 min candle......but you are looking at alot of info with the one min candles...is it going up is it going down....etc....a close of a 5 min candle...a close of a 15 min candle a close of a 1 hour candle.....shows you more of an overall view of the trading for the whole time period.
hence the lower you get, the more noise, data points and degradation in signal reliability, you gotta find the right balance that suits your own psychological make-up, attention span, risk tolerance, etc. etc.
  • #433,315
  • May 2, 2011 3:52pm May 2, 2011 3:52pm
Quoting FibbinArchie
hence the lower you get, the more noise, data points and degradation in signal reliability, you gotta find the right balance that suits your own psychological make-up, attention span, risk tolerance, etc. etc.
exactly.
I don't trust any move - when you have profit...take it.
  • #433,316
  • May 2, 2011 3:53pm May 2, 2011 3:53pm
Lets range a bit...
Would love a flag to test 4772 again.
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  • #433,317
  • May 2, 2011 3:53pm May 2, 2011 3:53pm
also just found this...

http://www.investopedia.com/articles...-timeframe.asp
  • #433,318
  • May 2, 2011 3:54pm May 2, 2011 3:54pm
i dont think im making my self clear in my question.

when i look at price, i look at whats the highest the price has reached, which is in the 1.4900's or so, for the past 2 days or so the market has been ranging from 1.47600 to 1.4900's up and down it goes.

according to the overall trend which is bullish momentum seems to have been decreasing and looks like a corrective wave is underway.

the 1hr time frame i see it to give me an overall picture of what is going on today. and the daily to let me see overall market condition and range, thrust and speed of price movement.

however, my brain cant seem to separate time frames.

when i look at a 1 minute time frame price is moving in the same direction as the 5 minute/ 15 minute/ 1 hr/ 4hr/ and daily

and i see people using different time frames to enter set ups.

i only see one price movement.

that is where my question lies

i cannot seem to be able to separate time frames price seems like its moving the same way with the same speed, stalling at the same price areas NO MATTER WHAT TIME FRAME I TRADE.
AVT INVENIAM VIAM AVT FACIAM
  • #433,319
  • May 2, 2011 3:54pm May 2, 2011 3:54pm
long
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  • #433,320
  • May 2, 2011 3:56pm May 2, 2011 3:56pm
Quoting FibbinArchie
dunno if this helps clarify... (fractals in technical analysis have a different meaning - a high bar preceded by and followed by two lower highs, reverse for bear fractal), but I think it demonstrates the concept of time frames and sub trends quite well, although could just be me...

http://www.youtube.com/watch?v=gEw8xpb1aRA
FibbinArchie: WoW!!! That was excellent - very sharp, very very sharp.
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