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  • #443,861
  • May 18, 2011 12:54am May 18, 2011 12:54am
Quoting kenfen69
The board goes nutzzz when we break out a few pips...but when we go back in range a couple... shhhhhhhhhhhhhhhhh!

Where are we going? Anyone got a few above and below to shout?
Hate when people quote themselves... just did here...

Will return with a few figs for the next few hours. Should move quick enough, though.
  • #443,862
  • May 18, 2011 12:55am May 18, 2011 12:55am
Quoting T.E.Lawrence
Once again I've traded that 1h channel, this time the breakout, +109 pips.

I already made +465 pips in 4 trades, just trading this chart.

I marked one place with a rectangle. Some time ago, there was a discussion about trading breakouts. Someone said about a 'fight', usually preceding a breakout. You can see it in the marked place.
Nice to be able to see this clearly! Congrats
  • #443,863
  • May 18, 2011 12:56am May 18, 2011 12:56am
Quoting ady_babe
OK there is a huge spike in Volume for no apparent reason... cept perhaps to grab some stops.
http://www.forexlive.com/blog/2011/0...utlook-stable/
Look Sharp/Trade Tight
  • #443,864
  • May 18, 2011 1:01am May 18, 2011 1:01am
Quoting johnnyrei
Not really atm... bought loads of silver and oil lots, currently trying out new broker on eur/usd - friend of mine put 200 bucks on it and lost 100 so he gave it to me - let's see how much I can bang from it just for the sake of it - anyway I just put that acount on my trade explorer on my profile so you can check my current positions...
Whatevs...jay rei.

I stuck with you for as long as I could...suggested the explorer (if you wanted to do such a thing)...then, watched your trade explorer blow up. Heard your tale of making 500 million killions...

Have fun...play safe...and make sure others that may follow you play safe, too.
  • #443,865
  • May 18, 2011 1:01am May 18, 2011 1:01am
Quoting PayTheLimit
http://www.forexlive.com/blog/2011/0...utlook-stable/
Stand corrected.. cheers
  • #443,866
  • May 18, 2011 1:03am May 18, 2011 1:03am
morning all, just trying to learn more, but does price normally interact with pivot points at all, cos iv got daily pivot at 1.4198 and weekly pivot at 1.4208 and monthly at 1.4581...so do i assume that with price well above those points its bullish or do i assume that price will be dragged down to those pivot points, or do i assume nothing? some advice on pivot points would be great, thank you
  • #443,867
  • May 18, 2011 1:07am May 18, 2011 1:07am
Quoting mercy seat
Yes ... of course ... and in your Home Town ... there are many Global Players ... like UBS from Switzerland for example ... and they do never think in Currency Pairs ... when they do observe the markets and take or give an order ...

Normally in Interbank Rules Purposes all so-called currency pairs are observed and ordered and rated in both ways ... inverse or mirror-inverted as well ...

We can see all instruments (more than 100 currencies) in this way of quotation (both way inverted quotation) ...

There is at least no up and/or down...
Ah ok, learn something again.
Got to salute you for doing that excel spreadsheet up.
Have been trying to figure out what it trys to say. lol
  • #443,868
  • May 18, 2011 1:13am May 18, 2011 1:13am
Quoting monkey@forex
morning all, just trying to learn more, but does price normally interact with pivot points at all, cos iv got daily pivot at 1.4198 and weekly pivot at 1.4208 and monthly at 1.4581...so do i assume that with price well above those points its bullish or do i assume that price will be dragged down to those pivot points, or do i assume nothing? some advice on pivot points would be great, thank you
Internet is fully overcrowded ... and tons of articles and books have been written about the use of PIVOTS ...

You will find some hints at BABYPIPS.COM as well ...

There are many many more useful information to get from those sites about "the use of pivots in FOREX" than anyone here could tell you about ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #443,869
  • May 18, 2011 1:13am May 18, 2011 1:13am
Quoting kenfen69
Whatevs...jay rei.

I stuck with you for as long as I could...suggested the explorer (if you wanted to do such a thing)...then, watched your trade explorer blow up. Heard your tale of making 500 million killions...

Have fun...play safe...and make sure others that may follow you play safe, too.
That's called testing the broker - otherwise I wouldn't play with 100 bucks account... anyway - if you wanna stuck - stuck - believe what u wanna - idgaf to be honest...
  • #443,870
  • May 18, 2011 1:13am May 18, 2011 1:13am
Quoting Larseg
Just annoying when morons like carol Harmer is calling bull runs and dip buying...
wow, what a babe...
Look Sharp/Trade Tight
  • #443,871
  • May 18, 2011 1:14am May 18, 2011 1:14am
Quoting monkey@forex
morning all, just trying to learn more, but does price normally interact with pivot points at all, cos iv got daily pivot at 1.4198 and weekly pivot at 1.4208 and monthly at 1.4581...so do i assume that with price well above those points its bullish or do i assume that price will be dragged down to those pivot points, or do i assume nothing? some advice on pivot points would be great, thank you
Pivot Points are nothing more than data that are conceived from events that happened in the past. In no way should events that have already occured be predictive on what the future holds.

It is totally illogical..
  • #443,872
  • May 18, 2011 1:15am May 18, 2011 1:15am
Quoting kenfen69
Where are we going? Anyone got a few above and below to shout?
Above...I've got...

1.4308 and 1.4366...

Below should be obvious, obvious...

1.4236 should stop longs...4219 at the most (stops).

South Beach!
  • #443,873
  • May 18, 2011 1:17am May 18, 2011 1:17am
Quoting johnnyrei
idgaf to be honest...
Do your thang, chicken wing.
  • #443,874
  • May 18, 2011 1:18am May 18, 2011 1:18am
Quoting gatorinla
be careful of the 15 30 60 min closes below 4267. if long.
closed below
those who can, do. those who cant, talk about those who can
  • #443,875
  • May 18, 2011 1:19am May 18, 2011 1:19am
Quoting PayTheLimit
short the mofu...bidding the lower...
added...risking the highs...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 17 KB
Look Sharp/Trade Tight
  • #443,876
  • May 18, 2011 1:20am May 18, 2011 1:20am
Inserted Video
  • #443,877
  • May 18, 2011 1:22am May 18, 2011 1:22am
Quoting kenfen69
Above...I've got...
1.4308 and 1.4366...
Below should be obvious, obvious...
1.4236 should stop longs...4219 at the most (stops).

South Beach!
This top looks like fading to me.
but I'm not on shorts just yet.
  • #443,878
  • May 18, 2011 1:23am May 18, 2011 1:23am
Quoting PayTheLimit
added...risking the highs...

My targets are 1.4225, 4200, 4170 and 4140 ...Should I use my pistol or AK-56 to reach it
  • #443,879
  • May 18, 2011 1:24am May 18, 2011 1:24am
Quoting gatorinla
closed below
In that case, is it advisable for me to put short entry order @ 1.4235 ?

Thanks
  • #443,880
  • May 18, 2011 1:29am May 18, 2011 1:29am
Quoting Miss FXCute
In that case, is it advisable for me to put short entry order @ 1.4235 ?

Thanks
No, that is support.
Sell high, buy low. You usually place shorts under supports.
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