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My trading journey

  • #3,001
  • May 26, 2011 12:53am May 26, 2011 12:53am
Quoting dongsky
which time frame you're watching??? maybe i'm wrong... be warned!!!


......

in my experience... i always look at 4hour for strong trend... and dance with 5 minutes... 15minutes for my quick reference... but just me...

at 4 hour chart looks to me a correction is overdue... and bound for south bound now... again beware... i might be wrong
I am short on this one too dongksy... Asian central banks sold EU @ 4190...but nobody really knows what they are upto so just be nimble with the info.
  • #3,002
  • May 26, 2011 12:54am May 26, 2011 12:54am
sx3x4178
Success consists of going from failure to failure without loss of enthusiam
  • #3,003
  • May 26, 2011 12:55am May 26, 2011 12:55am
Quoting eraptheman
I am short on this one too dongksy... Asian central banks sold EU @ 4190...but nobody really knows what they are upto so just be nimble with the info.
thanks for the headsup... chart will tell soon if that's true... i'm blind with fundies... just rely on my feel... 70 percent saves my ass
Success consists of going from failure to failure without loss of enthusiam
  • #3,004
  • Edited 12:59am May 26, 2011 12:56am | Edited 12:59am
Edit: it was a wrong quote. I intended to reply KingJames question..

Good question! but I think (from whatever I gathered from fti's thread) that you should not be in the analytical mode. The feel of the Price is more important. One can refer back to some amount of TA but should not make an opinion based on that. The PA should be used to make a call than the TA.

May be Dongsky 'feels' the price going down which could be some pull backs and thats what he is trading I guess. I have also observed that Dongsky is feeling the PA in advance.... i.e. he feels the PA going down and it does but after one or two upward waves. I noticed this happening in last couple of trading sessions. He also had to go in rescue mode a couple of times but after he called it a day the price did go down from his levels.

this is just my opinion, could be wrong
  • #3,005
  • May 26, 2011 12:56am May 26, 2011 12:56am
Quoting kingjames
looking @ 5min chart where you entered @ 4165...... wow i need to know what you saw

keep focus and it will come to you... be nimble!!!
Success consists of going from failure to failure without loss of enthusiam
  • #3,006
  • May 26, 2011 12:57am May 26, 2011 12:57am
Quoting dongsky
thanks for the headsup... chart will tell soon if that's true... i'm blind with fundies... just rely on my feel... 70 percent saves my ass
Thanks guys i see
  • #3,007
  • May 26, 2011 12:58am May 26, 2011 12:58am
...it's coming slowly now...

nimble... 4170 minor support...

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Success consists of going from failure to failure without loss of enthusiam
  • #3,008
  • May 26, 2011 1:00am May 26, 2011 1:00am
Quoting niksan
Good question! but I think (from whatever I gathered from fti's thread) that you should not be in the analytical mode. The feel of the Price is more important. One can refer back to some amount of TA but should not make an opinion based on that. The PA should be used to make a call than the TA.

May be Dongsky 'feels' the price going down which could be some pull backs and thats what he is trading I guess. I have also observed that Dongsky is feeling the PA in advance.... i.e. he feels the PA going down and it does but after one or two upward waves....
Success consists of going from failure to failure without loss of enthusiam
  • #3,009
  • May 26, 2011 1:01am May 26, 2011 1:01am
scaling down soon... if support will prove strong... we'll see for now

nimble
Success consists of going from failure to failure without loss of enthusiam
  • #3,010
  • May 26, 2011 1:05am May 26, 2011 1:05am
wtch this level... this is judgement day!!!

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Success consists of going from failure to failure without loss of enthusiam
  • #3,011
  • May 26, 2011 1:08am May 26, 2011 1:08am
i can hear the bears marching in????

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Success consists of going from failure to failure without loss of enthusiam
  • #3,012
  • May 26, 2011 1:08am May 26, 2011 1:08am
Quoting niksan
Edit: it was a wrong quote. I intended to reply KingJames question..

Good question! but I think (from whatever I gathered from fti's thread) that you should not be in the analytical mode. The feel of the Price is more important. One can refer back to some amount of TA but should not make an opinion based on that. The PA should be used to make a call than the TA.

May be Dongsky 'feels' the price going down which could be some pull backs and thats what he is trading I guess. I have also observed that Dongsky is feeling the PA in advance.......
thanks niksan
  • #3,013
  • May 26, 2011 1:10am May 26, 2011 1:10am
confirming the arrival of bears... rejoice!!!
Success consists of going from failure to failure without loss of enthusiam
  • #3,014
  • May 26, 2011 1:12am May 26, 2011 1:12am
scaled down...4165...

need to have shower first... and dinner time too...

leaving 2levels... to float south... with bears... i suppose!

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Success consists of going from failure to failure without loss of enthusiam
  • #3,015
  • May 26, 2011 1:46am May 26, 2011 1:46am
back!!!

hmmm... what take them so long now...

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Success consists of going from failure to failure without loss of enthusiam
  • #3,016
  • May 26, 2011 1:51am May 26, 2011 1:51am
sx5x4165

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off she goes???

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Success consists of going from failure to failure without loss of enthusiam
  • #3,017
  • May 26, 2011 2:03am May 26, 2011 2:03am
squared 4150.......

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now on the sideline...
Success consists of going from failure to failure without loss of enthusiam
  • #3,018
  • May 26, 2011 2:08am May 26, 2011 2:08am
just for fun ...

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more fun... what can i see here...???

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Success consists of going from failure to failure without loss of enthusiam
  • #3,019
  • May 26, 2011 2:16am May 26, 2011 2:16am
it's nonsense... but simply telling me short still intact...
........

but slowing down and loosing control of the game... need to be extra vigilant with your positions...
nimble!!!
Success consists of going from failure to failure without loss of enthusiam
  • #3,020
  • May 26, 2011 2:28am May 26, 2011 2:28am
bx2x4157 eu

need to feel
Success consists of going from failure to failure without loss of enthusiam
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