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  • #436,241
  • May 5, 2011 8:41am May 5, 2011 8:41am
Hi Cloggie!

Replied on you PM from yesterday. Do you get them? though you wouldn't but then I saw it was possible so I did give it a try. Very confused at the moment. For everything that I research on my todo list 2-3 new items pop up. Like when I rebuilt my house.

Figured out how you calculated the Range limits yesterday. Could it have been done on the range that we were in before the news?

Quoting cloggie
Not for me, we got a reversal in the making here, all the classic patterns are here and the fundies are helping us a bit.
  • #436,242
  • May 5, 2011 8:42am May 5, 2011 8:42am
We are most likely going to have a much needed correction to the 4529 area at the least( 4386 more than likely)


but dont worry..lol, we will be back to the 4911 again
  • #436,243
  • May 5, 2011 8:42am May 5, 2011 8:42am
Quoting gatorinla
is it gonna be a 2 humper?


it looks like it, think london will take care of it
  • #436,244
  • May 5, 2011 8:42am May 5, 2011 8:42am
Btw - my targets still remains same - 1.4 level. I believe oil will retrace to 100 area - as i mentioned before in my posts (check my thread).
  • #436,245
  • May 5, 2011 8:42am May 5, 2011 8:42am
What move? its like watching a snail
  • #436,246
  • May 5, 2011 8:44am May 5, 2011 8:44am
Quoting T@rantula
an immediate support lies @ 4676
depends on which TF we use, For me1.4622
  • #436,247
  • May 5, 2011 8:44am May 5, 2011 8:44am
Quoting Larseg
What move? its like watching a snail
Nobody knows what to do lol. You wait for me. I wait for you
  • #436,248
  • May 5, 2011 8:45am May 5, 2011 8:45am
ATR now 200+, seventh time this year....
Look Sharp/Trade Tight
  • #436,249
  • May 5, 2011 8:45am May 5, 2011 8:45am
Quoting behman8850
Where will this down train stop? Please tell me somebody where to long again?
Very simple buddy,if you only want to go long .

Wait for a higher high and enter on a retrace .

Just a simple entry tecnique .sorry i cant help further i dropped my spoon lol.
making green pips large and red pips small this is my goal.
  • #436,250
  • May 5, 2011 8:47am May 5, 2011 8:47am
Quoting paul1
Very simple buddy,if you only want to go long .

Wait for a higher high and enter on a retrace .

Just a simple entry tecnique .sorry i cant help further i dropped my spoon lol.


LOL...and the H1 aint providing that IMHO...I say lower before higher...maybe check back around London close
  • #436,251
  • May 5, 2011 8:47am May 5, 2011 8:47am
Quoting paul1
Very simple buddy,if you only want to go long .

Wait for a higher high and enter on a retrace .

Just a simple entry tecnique .sorry i cant help further i dropped my spoon lol.
Need a higher low as well.
  • #436,252
  • May 5, 2011 8:48am May 5, 2011 8:48am
Wheres Cloggie...he's about to get the 4650 I believe
  • #436,253
  • May 5, 2011 8:48am May 5, 2011 8:48am
Quoting thelws
Need a higher low as well.

Yup, the basics of trading.

Always be aware of where we are on your time frame on choice with the HH/HL and LH/LL.

Before I enter any trade, I always ask myself, am I with the trend or against it.
  • #436,254
  • May 5, 2011 8:50am May 5, 2011 8:50am
Quoting Venice
Yup, the basics of trading.

Always be aware of where we are on your time frame on choice with the HH/HL and LH/LL.

Before I enter any trade, I always ask myself, am I with the trend or against it.

Im really learning even trades I get stopped out on to search the action and place mental entry's / exits....cant stop researching
  • #436,255
  • May 5, 2011 8:51am May 5, 2011 8:51am
1.4643 for me is the next important level of support.

Com's dropping, oil dropping, gold dropping (USD +) usddx up we could be in the mist of a trend reversal or decent correction. Most gbp and eur new out of the way so tomorrows NFP is the key.
  • #436,256
  • May 5, 2011 8:51am May 5, 2011 8:51am
long at 4650 waiting for entry will watch PA, prolly gonna move stop to BE early depending on PA
  • #436,257
  • May 5, 2011 8:52am May 5, 2011 8:52am
Quoting AllyB
ditto
Frustrating.... but I am not going to file my teeth down and eat ice cream, plenty 12 pippers in the pipeline next week
" Never let the past hold the future to ransom "
  • #436,258
  • May 5, 2011 8:52am May 5, 2011 8:52am
Quoting Trims52
1.4643 for me is the next important level of support.

Com's dropping, oil dropping, gold dropping (USD +) usddx up we could be in the mist of a trend reversal or decent correction. Most gbp and eur new out of the way so tomorrows NFP is the key.
4625 looks more like it IMHO
  • #436,259
  • May 5, 2011 8:52am May 5, 2011 8:52am
Quoting cloggie
Not for me, we got a reversal in the making here, all the classic patterns are here and the fundies are helping us a bit.

Fascinating stuff....
Do your time and enjoy the ride...
  • #436,260
  • May 5, 2011 8:52am May 5, 2011 8:52am
Quoting paul1
Very simple buddy,if you only want to go long .

Wait for a higher high and enter on a retrace .

Just a simple entry tecnique .sorry i cant help further i dropped my spoon lol.
eneterlong here - allways use bollinger bands if you want to eneter at the end of deep moves - especially watch hourly charts for this - look at hourly chart - price siu deep below bb and stalling - great time to eneter long
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