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  • #520,661
  • Aug 11, 2011 4:19pm Aug 11, 2011 4:19pm
Something is really sitting on the bid.
  • #520,662
  • Aug 11, 2011 4:19pm Aug 11, 2011 4:19pm
Quoting cloggie
Ah, a bit of common sense.
yeah i will work that out with some practice.

I actually wanted to ask who/how started it here in this thread? Just a little history as these little stories fascinate me.
.
  • #520,663
  • Aug 11, 2011 4:20pm Aug 11, 2011 4:20pm
Quoting nasir.khan
May i ask what/where are the origins of this strategy?

Thanks.
.
Study candle stick trading, session trading and trend trading...

Sample chart, M5, showing 200EMA on M5 as current support line as well as the twice defended previous daily roll...

New support on deck and just a few pips short of Asian Previous close is todays roll over...

I sold into support on M5 and took a cheeky long for a couple of grab ass pips...

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #520,664
  • Aug 11, 2011 4:21pm Aug 11, 2011 4:21pm
Quoting OldQuant
Something is really sitting on the bid.
Dollar has finally moved to inverse correlation a bit again on the lowers. Although eur is still off.
  • #520,665
  • Aug 11, 2011 4:22pm Aug 11, 2011 4:22pm
Quoting nasir.khan
yeah i will work that out with some practice.

I actually wanted to ask who/how started it here in this thread? Just a little history as these little stories fascinate me.
.
Which little story are you referring to in particular from the quote? I'll wait to respond in detail, but I can nearly say for certain already that whatever part of it you are referring to will find no origins in this thread.
  • #520,666
  • Aug 11, 2011 4:24pm Aug 11, 2011 4:24pm
Quoting Magix
Study candle stick trading, session trading and trend trading...

Sample chart, M5, showing 200EMA on M5 as current support line as well as the twice defended previous daily roll...

New support on deck and just a few pips short of Asian Previous close is todays roll over...

I sold into support on M5 and took a cheeky long for a couple of grab ass pips...

That long was a nice one... misses and her notting hill
  • #520,667
  • Aug 11, 2011 4:25pm Aug 11, 2011 4:25pm
Quoting yoursong
Dollar has finally moved to inverse correlation a bit again on the lowers. Although eur is still off.
Looks like it's clearing the left side now. And I forgot an important start up task. I have to pay attention.

See all later.
  • #520,668
  • Aug 11, 2011 4:26pm Aug 11, 2011 4:26pm
Quoting OldQuant
Something is really sitting on the bid.
Hourly resistance...again, crucial make or break time...bust topside and we will be above previous weekly close...crushed down and we are free fall zone...
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  • #520,669
  • Aug 11, 2011 4:27pm Aug 11, 2011 4:27pm
Quoting OldQuant
Looks like it's clearing the left side now. And I forgot an important start up task. I have to pay attention.

See all later.
Yep still a bit of wood to chop for it though. eurusd + usd was beautiful on m1 though for that long. Love'em.
  • #520,670
  • Aug 11, 2011 4:28pm Aug 11, 2011 4:28pm
Quoting yoursong
That long was a nice one... misses and her notting hill
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #520,671
  • Aug 11, 2011 4:28pm Aug 11, 2011 4:28pm
Quoting OldQuant
Looks like it's clearing the left side now. And I forgot an important start up task. I have to pay attention.

See all later.
Catch you soon OQ!
  • #520,672
  • Aug 11, 2011 4:29pm Aug 11, 2011 4:29pm
Quoting kenfen69
Which little story are you referring to in particular from the quote? I'll wait to respond in detail, but I can nearly say for certain already that whatever part of it you are referring to will find no origins in this thread.
Say i come into this thread and learnt this from Magix, some time ago magix learnt it from someone and so on.............

I just wanted to know who was the first one to share/discover it.

I think i have to stop being a pain now. lol
  • #520,673
  • Aug 11, 2011 4:31pm Aug 11, 2011 4:31pm
======>Ken



dont see this one could out of the week Bar tomorrow......
  • #520,674
  • Aug 11, 2011 4:33pm Aug 11, 2011 4:33pm
Quoting OldQuant
I am thinking so, too. Restarted today just before 1400ET long at 4207. Not because I'm a raging bull, that's just what the algorithm wanted out at that particular time.

Your "eye of storm" might be apt. But ya gotta pay yo money to take yo chances.
Looks like a very good entry in my books. I was trading other instruments so didn't trade the euro this afternoon. Not in a hurry as long as is below 1.428x. I think it will hold till the Euro reports in the morning at least and even weekly close.... In any case GL managing that long I'll see tomorrow.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #520,675
  • Aug 11, 2011 4:33pm Aug 11, 2011 4:33pm
Quoting Magix
Study candle stick trading, session trading and trend trading...

Sample chart, M5, showing 200EMA on M5 as current support line as well as the twice defended previous daily roll...

New support on deck and just a few pips short of Asian Previous close is todays roll over...

I sold into support on M5 and took a cheeky long for a couple of grab ass pips...

That will help.

I never thought guys in EU thread would be so much helpful.

Ok its about candle's, trend, SR and may i say Fixing by what you mean with Daily roll defending?
.
  • #520,676
  • Aug 11, 2011 4:33pm Aug 11, 2011 4:33pm
Quoting kenfen69
Its a fine country. Toronto is a great city...world class. Weather is a bit of a killer for me, though; just not built for it. Extreme heat at one end...and mighty chilly at the other. Don't know if things are changing rapidly, but since I've been here, there has really only been two seasons.

Miss Europe, though. You have to travel pretty far here to be "somewhere else." Miss my long weekends in London, Paris, Lisbon, Barcelona, Berlin, Prague, etc, etc etc. Minor complaint, though.
Yeah last i have been to Toronto was ... ummm... "more" than a century ago Lived in Rochester/NY at that time. Travelled over with my bonkers in the head "almost bro" faking ID cards to get booze since it was 18 there and not 20something like in the US lol....
  • #520,677
  • Aug 11, 2011 4:35pm Aug 11, 2011 4:35pm
Quoting yoursong
Yep still a bit of wood to chop for it though.

+ usd hitting m15, m30, h1 resis
  • #520,678
  • Aug 11, 2011 4:36pm Aug 11, 2011 4:36pm
Quoting nasir.khan
That will help.

I never thought guys in EU thread would be so much helpful.

Ok its about candle's, trend, SR and may i say Fixing by what you mean with Daily roll defending?
.
Ohh and we locate some Stoploss zones and it gets more predictable.

Am i getting it right?
.
  • #520,679
  • Aug 11, 2011 4:36pm Aug 11, 2011 4:36pm
Quoting nasir.khan
Say i come into this thread and learnt this from Magix, some time ago magix learnt it from someone and so on.............

I just wanted to know who was the first one to share/discover it.

I think i have to stop being a pain now. lol
For the most part, it is Support to Resistance trading...not always does price do this exact same thing...there are several long days that will sell off at Roll Over and plenty of Short days that buy up @ roll over...

This happened to be a reverse trend day, where todays candle was opened higher then yesterdays...

Look at the rest of the chart. Hourly chart. Price opens at roll over and collapses on long days and buys up on short days.

Though when we are dropped into a trend, you stand a lot better chance of success with this strategy, it is not the Holy Grail...ya still gotta have yer ducks in line to know when to be buying and when to be selling...from there, where your ass is gunna be covered...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #520,680
  • Aug 11, 2011 4:37pm Aug 11, 2011 4:37pm
Quoting sisse
It seems the storm has passed (or we are in the eye of the storm). I see your daily LL/LH but also weekly is about to make a a confirmed HL tomorrow (if we don't break todays low) making 2 consecutive HL in the weekly (very compressed) but still LH by a few ticks. The TA importance of that in my view is that if monthly roll give up in this conditions we'll see a break of the triangle on the weekly.

Obviously not implying a trend up yet but at least a fresh high to burst the annoying weekly/daily range....

sisse
why not? what has changed?
those who can, do. those who cant, talk about those who can
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