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  • #435,481
  • May 4, 2011 2:59pm May 4, 2011 2:59pm
Quoting CandleStar
Thanks a lot for the explanatory graphic Glen, I always asked myself how you do it. But to be fair it looks a lot easier if it already happened. Might be interesting how you calculate/find them when they are in the making.
The levels will escalate in " blocks" of approximately 20 pips up or down following PA (the intraday trend) , once you have identified the first level , you can manually mark the next levels up and/or down by inserting lines spaced 20 pips apart. All it needs is to check/adjust the levels because at the end of the session , the levels may be slightly out because the beats may overrun the levels. Today the adjustment was 3 pips from LDN opening to late NY session. Some days it is a bit more but it is relatively easy to pick up and adjust. All it needs is screen time , patience and concentration.
" Never let the past hold the future to ransom "
  • #435,482
  • May 4, 2011 3:00pm May 4, 2011 3:00pm
Quoting pipper
Don't know about that... Remember Sarkozy, the French President said investors who bet against the euro will get their fingers burned. 1.50+ at least
Sarkozy pump & dump
  • #435,483
  • May 4, 2011 3:03pm May 4, 2011 3:03pm
lol the room is flat we need some action some fun a lot of blood wheres talant clogg and the rest

fibby whats up
  • #435,484
  • May 4, 2011 3:05pm May 4, 2011 3:05pm
Quoting kill56
lol the room is flat we need some action some fun a lot of blood wheres talant clogg and the rest

fibby whats up
what up kill...

talent got banned, don't know why...
  • #435,485
  • May 4, 2011 3:06pm May 4, 2011 3:06pm
Quoting Gleneagles
Yes it is achievable, I am averaging 73/day on EUR at present trading fairly conservatively from 5M TF. GBP average 68/day but I am scaling out of GBP and increasing EUR positions to compensate.
Hi Glen, I see you also from SA...which part if I may ask.
  • #435,486
  • May 4, 2011 3:06pm May 4, 2011 3:06pm
Quoting boophaty
Hello everyone im new to this thread, but not as a trader. My goal is to help some of the new traders and even learn something new. I look forward to contributing to this thread many pips to everyone!
Yes ... some senior nursing officer of baptism always welcome here ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #435,487
  • May 4, 2011 3:07pm May 4, 2011 3:07pm


Quoting chazzle
Sarkozy pump & dump
Disclaimer: Check your 1m charts
  • #435,488
  • May 4, 2011 3:09pm May 4, 2011 3:09pm
Quoting FibbinArchie
what up kill...

talent got banned, don't know why...
he must kick himself for that ' ( talent has done enough to get kicked out )

but who has this rights to ban and how this process goes on ?"
finding A M S
  • #435,489
  • May 4, 2011 3:15pm May 4, 2011 3:15pm
Quoting prashant7
he must kick himself for that ' ( talent has done enough to get kicked out )

but who has this rights to ban and how this process goes on ?"
admins can do what they want basically if he's broken posting rules or was generally being a nuisance...

I actually didn't mind him too much, hope the kid will be okay, but I think he's playing a dangerous game, selling bottoms, buying tops, over leveraging and averaging losers...

3-1 man u...
  • #435,490
  • May 4, 2011 3:17pm May 4, 2011 3:17pm
scalping mode..
small short @ 35 tf m1 m5
  • #435,491
  • May 4, 2011 3:18pm May 4, 2011 3:18pm
Quoting boophaty
Hello everyone im new to this thread, but not as a trader. My goal is to help some of the new traders and even learn something new. I look forward to contributing to this thread many pips to everyone!

plz do that we need help and how much it cost
  • #435,492
  • May 4, 2011 3:19pm May 4, 2011 3:19pm
Quoting PipChick
About HS patterns...and I dont give a horses patoot what the freaking internet says. All I can is what I have witnessed for yrs. Anyways, about the HS patterns... "USUALLY" when we are in a strong uptrend and a smaller TF chart such as the m30 to the m5 develops a HS to the downside, they usually do not complete and you get faked out..AKA LOSE PIPS. But...USUALLY when we are in a strong uptrend (as we are seeing with the EU) and price forms an invers HS, it is usually good for some nice pips and completes. Now.... lets say right now the eu daily...
I agree with you pipchick I have found if your in an uptrend you have several inverse h&s that fail and with a down trend you will have H & S's that will work..... just a loose interpertation of what you've said above.

I would also like to apoligize for my part of the bashing today,,,,I have a
'Galahad' complex and my Analyst ( Doctor type) said I should take up a hobby like Forex lol lol .....just kidding about the Doctor ..... I'm not kidding about the complex.....lol

And I've notice that you are helping others and it's refreshing and admirable quality, so thanks for helping.

G
  • #435,493
  • May 4, 2011 3:19pm May 4, 2011 3:19pm
Quoting JokerCPT
Hi Glen, I see you also from SA...which part if I may ask.
The scary part......JHB
" Never let the past hold the future to ransom "
  • #435,494
  • May 4, 2011 3:19pm May 4, 2011 3:19pm
Quoting Pipwanderer
scalping mode..
small short @ 35 tf m1 m5
perched just above the daily open gmt +1, thinking of longing it from here...
  • #435,495
  • May 4, 2011 3:20pm May 4, 2011 3:20pm
new color but not sexy
Attached Image (click to enlarge)
Click to Enlarge Name: 1h eur.gif Size: 18 KB
  • #435,496
  • May 4, 2011 3:22pm May 4, 2011 3:22pm
Quoting kill56
new color but not sexy
nah...

4-1 man u (6-1 agg), 8 mins + stoppage time left...
  • #435,497
  • May 4, 2011 3:23pm May 4, 2011 3:23pm
Quoting kill56
lol the room is flat we need some action some fun a lot of blood wheres talant clogg and the rest

fibby whats up
Hello Kill... i've no talant, blood stabilising on white wine but am usually up for a laugh. Chart to follow.

This is what happens if you leave your charts alone for a couple of weeks. The chart gremlin starts playing silly b's.
Attached Image (click to enlarge)
Click to Enlarge Name: Spot FX EUR_USD (DFB).png Size: 9 KB
All systems of divination, like music itself,work through patterns.
  • #435,498
  • May 4, 2011 3:27pm May 4, 2011 3:27pm
Quoting Gleneagles
The scary part......JHB
... I grew up in Vaaltriangle...that's scary, but I'm living in Cape Town for the past 21 years..suppose I an call myself a Capie now. Do you trade full time?
  • #435,499
  • May 4, 2011 3:28pm May 4, 2011 3:28pm
Quoting egkid
Nope ,I don't use it
BTW: this 1.4820 will b in Play over and over just watch it.
More than 2 days said so and last week i said something about it .... check it if u want ...
  • #435,500
  • May 4, 2011 3:29pm May 4, 2011 3:29pm
we are at a crusial point 1.48200 seems to be a level where price sell off at least for the time being is diminishing and if we have another retest we might possibly get out of this range and continue on the bull uptrend.

watch carefully
AVT INVENIAM VIAM AVT FACIAM
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