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  • #497,721
  • Jul 24, 2011 9:41am Jul 24, 2011 9:41am
Quoting PhAnTi'
Me.
I can be a huge asshole, ask me ex-wife....
Look Sharp/Trade Tight
  • #497,722
  • Jul 24, 2011 9:43am Jul 24, 2011 9:43am
Quoting Venice

The people that play these games on-line are ridiculous. I don't have a chance.
reminds me of a game I play...
Look Sharp/Trade Tight
  • #497,723
  • Jul 24, 2011 9:43am Jul 24, 2011 9:43am
Quoting PayTheLimit
reminds me of a game I play...
Bastards!
  • #497,724
  • Jul 24, 2011 9:43am Jul 24, 2011 9:43am
Quoting PayTheLimit
I can be a huge asshole, ask me ex-wife....
we all have that issue it seems.... even my current one.
  • #497,725
  • Jul 24, 2011 9:58am Jul 24, 2011 9:58am
Quoting PayTheLimit
I can be a huge asshole, ask me ex-wife....
Hero calls followed by margin calls...
  • #497,726
  • Jul 24, 2011 9:58am Jul 24, 2011 9:58am
Quoting Venice
Alright, going to go get a few games in on Crysis 2. I need to actually spend some bit of this weekend relaxing... although, I will probably end up more stressed and pissed off...

The people that play these games on-line are ridiculous. I don't have a chance.
gl
Hero calls followed by margin calls...
  • #497,727
  • Jul 24, 2011 9:59am Jul 24, 2011 9:59am
Quoting gatorinla
trend verses trend. idiot or genius depending on the future direction. if you think a direction is the only trend in life or trading you will be wrong. trends are everywhere, not just directional. when this happens, that happens, but not always. there is a trend in direction that when "a" happens then "b" happens a large enough times to make it a trend also. so if you can figure out when "a" is happening, you can trade for "b"... and if u are wrong then you will know it early enough to...
Well explained Gator
Earlier i find it hard to understand what you're pointing at while leaving figures like 88 or 44 in your replies but now i've started figuring them at some times.
Me too working on low risk big reward trades. Last week i took few trades only & spent more time on watching PA.
Still Learning

Thanks & Regards.
Hope
  • #497,728
  • Jul 24, 2011 10:02am Jul 24, 2011 10:02am
Quoting PhAnTi'
http://www.forexfactory.com/showthre...81#post4803081

thats half the apple
those who can, do. those who cant, talk about those who can
  • #497,729
  • Jul 24, 2011 10:02am Jul 24, 2011 10:02am
currently 1.43615 on xe.com
  • #497,730
  • Jul 24, 2011 10:03am Jul 24, 2011 10:03am
perfect logic without the "follow the trend" BS....

Quoting gatorinla
trend verses trend. idiot or genius depending on the future direction. if you think a direction is the only trend in life or trading you will be wrong. trends are everywhere, not just directional. when this happens, that happens, but not always. there is a trend in direction that when "a" happens then "b" happens a large enough times to make it a trend also. so if you can figure out when "a" is happening, you can trade for "b"... and if u are wrong then you will know it early enough to have a small loss. if you are correct...
  • #497,731
  • Jul 24, 2011 10:04am Jul 24, 2011 10:04am
Quoting Venice
Alright, going to go get a few games in on Crysis 2. I need to actually spend some bit of this weekend relaxing... although, I will probably end up more stressed and pissed off...

The people that play these games on-line are ridiculous. I don't have a chance.
i never play online games & my fav series is Call Of Duty
Hope
  • #497,732
  • Jul 24, 2011 10:12am Jul 24, 2011 10:12am
Quoting needpips
currently 1.43615 on xe.com
1.4356 now...hmmmm
  • #497,733
  • Jul 24, 2011 10:19am Jul 24, 2011 10:19am
Quoting attila
perfect logic without the "follow the trend" BS....
im not against the trend theory. but its never a straight line. some had new L positions already stopped out. if your gonna long today, wait for the 4324/26 area.. limit your "what if im wrong" to a min.. if your wrong at 5 pips. you will be wrong at 10 20 100 pips. when you win after being wrong so far off.. you were lucky.. and you should fine tune your entry. if you get stopped at a few. it just part of trading. just wait for the next one. being lucky early in trading can screw up your trading forever. you will be broke before you realize you were lucky.
those who can, do. those who cant, talk about those who can
  • #497,734
  • Jul 24, 2011 10:25am Jul 24, 2011 10:25am
rite. it's never ONE thing...

Quoting gatorinla
im not against the trend theory. but its never a straight line. some had new L positions already stopped out. if your gonna long today, wait for the 4324/26 area.. limit your "what if im wrong" to a min.. if your wrong at 5 pips. you will be wrong at 10 20 100 pips. when you win after being wrong so far off.. you were lucky.. and you should fine tune your entry. if you get stopped at a few. it just part of trading. just wait for the next one. being lucky early in trading can screw up your trading forever. you will be broke before you realize...
  • #497,735
  • Jul 24, 2011 10:27am Jul 24, 2011 10:27am
Quoting gatorinla
being lucky early in trading can screw up your trading forever. you will be broke before you realize...
ain't that the truth...
  • #497,736
  • Jul 24, 2011 10:36am Jul 24, 2011 10:36am
two areas of interest to me, early....4412/21 above and 4288/4306ish below...
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 17 KB
Look Sharp/Trade Tight
  • #497,737
  • Jul 24, 2011 10:39am Jul 24, 2011 10:39am
Hi all, here's my support and resistance analysis of the Weekly(W1), Daily(D1), Hourly(H1), and 5Min(M5) charts.

Its strictly for Educational purposes only and any losses at your own risk.

Please refer to the attached charts.

Weekly

Currently Price is in an overall Weekly up channel.

However Intermediate downward
resistance is still intact and providing downward pressure on
prices.

Attempt to bring price below 1.4000
was sharply rejected.

Price is now operating in a Weekly Range of 1.5000 - 1.4000, with 1.4560
as the pivot point.

Daily

On the Daily Chart, we can see that 1.4000 was well supported, with prices below 1.4000 strongly rejected.

1.4560 is a critical pivot point. Should price breaks out of intermediate downtrend line and is able to break and hold above 1.4560, buying interest will start to come in.

Breaking of the pivot will see the market aiming for 1.4950s, which is about 390 pips away.
In other words, above 1.4560, bulls will have 390 pips of room to move prices higher.

Daily Buy: A buy can be considered above the price of 1.4560s with profit target at anywhere 1.4900s.
Buy@ 1.4572, Take Profit 1.4910-40, Stop Loss 1.4595s


Hourly
Price is in an hourly up channel.

Priced formed a minor reversal pattern against 1.4435 and currently price is in an intermediate downtrend.

Downward pressure is expected to continue for a while with minor support expected 1.4320 and critical support at around 1.4295.

In order for hourly up channel to stay intact, price must not break below 1.4295


5 min
A double top has formed against 1.4435 and more or less has reached price target at 1.43244.

General Downward pressure is still intact, while bearing in mind there are 3 levels of support at the 5 min levels.

S1 - 1.4350
S2- 1.4320
S3- 1.4292 (Critical)

Neckline of double top, at 1.4380 serves as the immediate Resistance, followed by 1.4435.

Breaking of the Downward pressure line and Immediate 5min Resistance at 1.4380 will attract a lot of buying interest.

Buy: A buy order can be placed few pips above 1.4380 ( say 1.4385), for price to target 1.4435. Stop loss will be below 1.4370s ( say 1.4366)
Buy@ 1.4380, Take Profit 1.4420s-30s, Stop Loss 1.4366

Sell: A sell order can be placed few pips below the critical support level of 1.4295 ( say 1.4288) for price to test 1.4250s.
[email protected], Take Profit 1.4255/ 1.4220s
Attached File(s)
File Type: zip 110722 EURUSD.zip   331 KB | 211 downloads
  • #497,738
  • Jul 24, 2011 10:40am Jul 24, 2011 10:40am
nice round top on the 4 h... if we stay away from the wtf spike... the rounding on a dt usually happens at the second push up. the first is usually not rounded.. this one is rounded. more clear on the day as a tweezers.
those who can, do. those who cant, talk about those who can
  • #497,739
  • Jul 24, 2011 10:42am Jul 24, 2011 10:42am
Quoting gatorinla
trends are everywhere, not just directional.
been thinking about this myself recently , wish i remembered the trend in the euro last thursday - Euro going to hell/Euro saved/Euro going to hell/Euro saved etc etc
  • #497,740
  • Jul 24, 2011 10:48am Jul 24, 2011 10:48am
Quoting chazzle
been thinking about this myself recently , wish i remembered the trend in the euro last thursday - Euro going to hell/Euro saved/Euro going to hell/Euro saved etc etc
a dying loin will still bite you till it closes its eyes.
those who can, do. those who cant, talk about those who can
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