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  • #442,681
  • May 16, 2011 10:19am May 16, 2011 10:19am
no you are doing great work here...

when u r here fellows scared to post nonsence.

cary on



Quoting cloggie
NAh, am the biggest @Rsehole here.
Trade what you see, Not what you think.
  • #442,682
  • May 16, 2011 10:19am May 16, 2011 10:19am
Quoting AllyB
Still doing a bit of contract trading but will revert back to dustbin trades again on Thursday
only 2 dustbins for me so far today.[/quote]

The levels from Friday still look good as Hatch pointed out. If you look back at May 6 levels, it carried forward to May 9 as well.
" Never let the past hold the future to ransom "
  • #442,683
  • May 16, 2011 10:19am May 16, 2011 10:19am
Quoting Gleneagles
LDN

GMT does not equal London time (i.e. BST) at least not during the so called summer time, where BST = GMT+1h. AFAIK October till March BST reverts back to GMT.

Which makes me think... that site I read about the fixing... I'm quite positive I read London fixing is at 15:00 GMT.

Question for all of you that are located in the BST timezone. Let's say it is December and the London fixing has just started. You look at your watch - what time do you see on it?
"Put your shoulder to the wheel!"
  • #442,684
  • May 16, 2011 10:23am May 16, 2011 10:23am
Quoting proletary
GMT does not equal London time (i.e. BST) at least not during the so called summer time, where BST = GMT+1h. AFAIK October till March BST reverts back to GMT.

Which makes me think... that site I read about the fixing... I'm quite positive I read London fixing is at 15:00 GMT.

Question for all of you that are located in the BST timezone. Let's say it is December and the London fixing has just started. You look at your watch - what time do you see on it?
The +1 was cut of in the screenshot, you are right.
" Never let the past hold the future to ransom "
  • #442,685
  • May 16, 2011 10:24am May 16, 2011 10:24am
Quoting proletary

Question for all of you that are located in the BST timezone. Let's say it is December and the London fixing has just started. You look at your watch - what time do you see on it?

4
  • #442,686
  • May 16, 2011 10:26am May 16, 2011 10:26am
Quoting cloggie
Here we go, well behaved so far. Now we need a rejection to complete the pattern, if that does not happen we are back to consolidating again. That's why I covered earlier.

These are areas where most noobs get all confused, short, ah sh!t, better buy, ah sh!t stopped, better sell again, ah sh!t, not going anywhere, what the heck am I doing wrong.

Let's see.
  • #442,687
  • May 16, 2011 10:26am May 16, 2011 10:26am
Quoting cloggie
4
Thank you. There's no better way than to ask a native.
"Put your shoulder to the wheel!"
  • #442,688
  • May 16, 2011 10:27am May 16, 2011 10:27am
eurusd long entry - lines 1, 2 and exit - lines 2, 3, short entry line 3
Attached Image (click to enlarge)
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  • #442,689
  • May 16, 2011 10:29am May 16, 2011 10:29am
Inserted Video
  • #442,690
  • May 16, 2011 10:31am May 16, 2011 10:31am
Got some harmonic ressistance area called One2One on M30.
Little bit too early for sell? Let's see.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m30.jpg Size: 95 KB
  • #442,691
  • May 16, 2011 10:32am May 16, 2011 10:32am
Quoting Gleneagles
only 2 dustbins for me so far today.
The levels from Friday still look good as Hatch pointed out. If you look back at May 6 levels, it carried forward to May 9 as well.[/quote]

i see, thanks for pointing that out .... i need to write my levels down in my trading journal and add a screen shot. would have saved me a lot of time this morning. good thing Hatch was looking out for me!
  • #442,692
  • May 16, 2011 10:33am May 16, 2011 10:33am
Quoting hindustani
don't get caught with your pants down
in 4 hours euro corrected over 200 pips, well 1 hour is done for now, but i will continue praying for those who went short then.
  • #442,693
  • May 16, 2011 10:37am May 16, 2011 10:37am
Quoting AllyB
The levels from Friday still look good as Hatch pointed out. If you look back at May 6 levels, it carried forward to May 9 as well.
i see, thanks for pointing that out .... i need to write my levels down in my trading journal and add a screen shot. would have saved me a lot of time this morning. good thing Hatch was looking out for me![/quote]

Just save the chart as a template , you can then look back at levels from previous periods.
" Never let the past hold the future to ransom "
  • #442,694
  • May 16, 2011 10:38am May 16, 2011 10:38am
Quoting cloggie
Here we go, well behaved so far. Now we need a rejection to complete the pattern, if that does not happen we are back to consolidating again. That's why I covered earlier.

These are areas where most noobs get all confused, short, ah sh!t, better buy, ah sh!t stopped, better sell again, ah sh!t, not going anywhere, what the heck am I doing wrong.

Textbook. Now we need to see if this pattern repeats in reverse, but y'all can figure that one out for yourselves, I am done for the day haven gotten my fill earlier.
  • #442,695
  • May 16, 2011 10:39am May 16, 2011 10:39am
time to make some money to buy popcorn
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 11 KB
  • #442,696
  • May 16, 2011 10:41am May 16, 2011 10:41am
Quoting cloggie
Textbook. Now we need to see if this pattern repeats in reverse, but y'all can figure that one out for yourselves, I am done for the day haven gotten my fill earlier.
Glad to see you again.

Yields back to 0.00 unch from google finance. Is google finance bonds data realtime comparing to your feed?
  • #442,697
  • May 16, 2011 10:41am May 16, 2011 10:41am
Hi all! so i am going to try trading weekly , i will take a trade a month i'm not risking much just would like to get a feel for it , i personally think the euro will hit 1.4320-80 area and bounce back eventually hitting 1.37 area .. i think Greece will cause most of this .. Any ideas were its a good price to short in your opinion .. i totally understand i may be wrong so i have my stop loss at 1.45 ish .. ANY IDEAS ? I DON'T MIND CRITICISM
  • #442,698
  • May 16, 2011 10:42am May 16, 2011 10:42am
Quoting cloggie
Textbook. Now we need to see if this pattern repeats in reverse, but y'all can figure that one out for yourselves, I am done for the day haven gotten my fill earlier.
Would the consolidation be between 4200 and 4245? On a 15 min it looks like it could head back to test the DP, if not at least 4200

I have no position, nor do I intend on one, just want to understand the movement.
  • #442,699
  • May 16, 2011 10:43am May 16, 2011 10:43am
Inserted Video
  • #442,700
  • May 16, 2011 10:43am May 16, 2011 10:43am
Quoting Gleneagles
i see, thanks for pointing that out .... i need to write my levels down in my trading journal and add a screen shot. would have saved me a lot of time this morning. good thing Hatch was looking out for me!
Just save the chart as a template , you can then look back at levels from previous periods.[/quote]

sounds like a plan. i have been just using the same template and changing lines but taking notes of major lines. a visual is much better though.
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