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  • #480,001
  • Jul 5, 2011 6:25am Jul 5, 2011 6:25am
Quoting cloggie
Come on, it's a bank holiday today.
now he tells me...
Look Sharp/Trade Tight
  • #480,002
  • Jul 5, 2011 6:26am Jul 5, 2011 6:26am
Quoting piptornado
Im not trading this, just want to have an idea what you go for in terms of cushion. I sometimes feel that I have to hit it right on the dot or it will not work. Not trying to get trade calls, just want to have a better understanding. Last thing I want is to be dependent on a service, human or machine.

The only thing I can tell you is to look at every range since inception during the London session after hitting a fairly large S/R, write each and every single one of them down ( a couple of 1,000) and see if you can find a tradeable repeatable pattern that gives you an edge over a coinflip. If you haven't done that kind of detailed indepth research, then just keep your quarter on the side of your keyboard.
  • #480,003
  • Jul 5, 2011 6:27am Jul 5, 2011 6:27am
Quoting johncen
hahaha....ya man.....But its getting weaker I think...
This time maybe we will break it....
anyway ..all sell @ BE now...safe trade always
Last trigger just about resist, sceen might move, have to watch carefully,
my bars getting cobwebs
If you are new to Forex? Say Goodbye to your account!!
  • #480,004
  • Jul 5, 2011 6:28am Jul 5, 2011 6:28am
Indices, oil and all going up ...
  • #480,005
  • Jul 5, 2011 6:29am Jul 5, 2011 6:29am
I'll try this
http://www.kikkichimoku.com/home/201...ort-su-h1.html
http://gyazo.com/0527da3f6b37afd2243df2e2d29b1b0f.png
{Promotion Removed}
  • #480,006
  • Jul 5, 2011 6:30am Jul 5, 2011 6:30am
Quoting cloggie
The only thing I can tell you is to look at every range since inception during the London session after hitting a fairly large S/R, write each and every single one of them down ( a couple of 1,000) and see if you can find a tradeable repeatable pattern that gives you an edge over a coinflip.
How many minutes do you suggest to take into consideration for each london session for this study? The whole session or just the LO?
  • #480,007
  • Jul 5, 2011 6:30am Jul 5, 2011 6:30am
Today it is quiet but at the end of the week it will get really busy. We have BOE and BCE on Thu and US Unemployment on Fri
  • #480,008
  • Jul 5, 2011 6:31am Jul 5, 2011 6:31am
Quoting johncen
hahaha....ya man.....But its getting weaker I think...
This time maybe we will break it....
anyway ..all sell @ BE now...safe trade always
closed half 10 +
Patience, Emotion Control and Discipline.
  • #480,009
  • Jul 5, 2011 6:31am Jul 5, 2011 6:31am
Quoting cloggie
The only thing I can tell you is to look at every range since 1999 during the London session after hitting a fairly large S/R, write each and every single one of them down ( a couple of 1,000) and see if you can find a tradeable repeatable pattern that gives you an edge over a coinflip.
Just read the edit of your response, and underdstand what you mean. Right now for example I can see that the dollar is gaining a bit of ground against CHF and GBP, also EURGBP is sinking a bit. The last bounce of 65 for EU was not that strong. So there is a stronger possibility that if the next try at that level happens soon, it might not hold this time. Many factors to consider.
  • #480,010
  • Jul 5, 2011 6:31am Jul 5, 2011 6:31am
Quoting cloggie
Look at uJ, 8 pips since the open.
had a GU long I let go of
  • #480,011
  • Jul 5, 2011 6:31am Jul 5, 2011 6:31am
Quoting coldrecs
The report is from June 17th ....
And You still have not read it yet, lol.
  • #480,012
  • Jul 5, 2011 6:31am Jul 5, 2011 6:31am
bbl...
Look Sharp/Trade Tight
  • #480,013
  • Jul 5, 2011 6:31am Jul 5, 2011 6:31am
Intraday TFs are kind of bottomed, so I'll start looking for longs. Watching 36 downside.
  • #480,014
  • Jul 5, 2011 6:32am Jul 5, 2011 6:32am
Nothing wrong with a tight range ...

Wer den Pfennig nicht ehrt - ist des Talers nicht wert!



;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-07-05_13h20_ EURUSD _ min020 _ (075) candle + TL + MA.PNG Size: 37 KB
Click to Enlarge Name: 2011-07-05_13h27_ EURUSD _ min005 _ (150) candle + TL + MA.PNG Size: 37 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #480,015
  • Jul 5, 2011 6:32am Jul 5, 2011 6:32am
Quoting Mr. Aldi
Indices, oil and all going up ...
Forget about 1.5 , 1.6 is in play...

Seb
  • #480,016
  • Jul 5, 2011 6:35am Jul 5, 2011 6:35am
Quoting chazzle
had a GU long I let go of

I let the news run, scalped a bit here and there on it, all crosses are a bit messy, tradeable but nothing worth holding except for uC
  • #480,017
  • Jul 5, 2011 6:39am Jul 5, 2011 6:39am
Quoting cloggie
scalped a bit here and there on it
me too - try to make myself feel better lol - current idea is MP for the short ( just scalp )
  • #480,018
  • Edited 6:51am Jul 5, 2011 6:40am | Edited 6:51am
One of the week in April..........

with 50% fib level around......
Attached Image (click to enlarge)
Click to Enlarge Name: weekly.jpg Size: 31 KB
  • #480,019
  • Jul 5, 2011 6:41am Jul 5, 2011 6:41am
Quoting gatorinla
each attempt had broken candles. once below 4465 with a close it should be a rejection for a little while in the least. 4395.8 is the level in the sequence. as was 4577 and 4521. 4465... i was hoping for a dt at 4577... the usual big rejection in the sequence is 4688.8.. u can use the mid between 4465 and 4395.8.. to c if it is working. 4430. st ... the formation suggest 4439.... if we bounce i will look to short at any of those levels. 4465 is a big short term #.. the lower +1 mofu for this move.
no close below yet
those who can, do. those who cant, talk about those who can
  • #480,020
  • Jul 5, 2011 6:41am Jul 5, 2011 6:41am
Quoting chazzle
me too - try to make myself feel better lol -

Gotta be honest, I was not expecting that PMI, and neither was the market, anyone in a long at that time should count their blessings. The market still does not trust that PMI, else we would have seen a 200+ pip day. So that's what was the decider for me to just scalp it. Am still keeping an eye on eJ, but that trade hasn't materialised yet.
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