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Close Price VS Median Price (or other price types) 33 replies

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  • #661
  • Aug 16, 2011 7:15am Aug 16, 2011 7:15am
Quoting wannaberich
why is the DB not valid anymore? we didn't cross below the second bottom...
maybe i m wrong but for me i always saw like that when it cross for about 4 pips like that , maybe i m wrong! For you it still valid WANNA ? check the arrow on my chart
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd long.gif Size: 21 KB
Respect and Honor !
  • #662
  • Aug 16, 2011 7:20am Aug 16, 2011 7:20am
It s pretty quiet untill now, EU move only 78 pips H to L on the daily average of about 180, maybe it s a calm before the storm !
Respect and Honor !
  • #663
  • Aug 16, 2011 7:21am Aug 16, 2011 7:21am
a DB or DT doesn't have necessarily to be to the exact pip. you should be looking for areas that are touched, rejected and then retested and (usually) rejected) stronger than on the first try.

just my 0.02$



Quoting Klaxon
maybe i m wrong but for me i always saw like that when it cross for about 4 pips like that , maybe i m wrong! For you it still valid WANNA ? check the arrow on my chart
dreams do come true.
  • #664
  • Aug 16, 2011 7:26am Aug 16, 2011 7:26am
took an AU NBT (previous signal still valid for me). will post chart. just monitoring other pairs now.
dreams do come true.
  • #665
  • Aug 16, 2011 7:26am Aug 16, 2011 7:26am
Quoting wannaberich
a DB or DT doesn't have necessarily to be to the exact pip. you should be looking for areas that are touched, rejected and then retested and (usually) rejected) stronger than on the first try.

just my 0.02$
Ok thanks WANNA for this point of view, i wiil take note about that
Respect and Honor !
  • #666
  • Aug 16, 2011 7:30am Aug 16, 2011 7:30am
Quoting wannaberich
took an AU NBT (previous signal still valid for me). will post chart. just monitoring other pairs now.
Just recall you, there is a news coming in 2 min
Respect and Honor !
  • #667
  • Aug 16, 2011 7:39am Aug 16, 2011 7:39am
closed both already. talk about quick scalp.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: forex1.jpg Size: 112 KB
dreams do come true.
  • #668
  • Aug 16, 2011 7:40am Aug 16, 2011 7:40am
also closed. profits in the next post.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: forex3.jpg Size: 120 KB
dreams do come true.
  • #669
  • Aug 16, 2011 7:44am Aug 16, 2011 7:44am
last four: + 21 + 13 + 15 + 5. could let run but it's news time so this could be just a fakie (although i think it's not)

total 79. can't complain.

out for lunch. bbl.

hapipipin

WBR
dreams do come true.
  • #670
  • Aug 16, 2011 8:54am Aug 16, 2011 8:54am
Quoting wannaberich
last four: + 21 + 13 + 15 + 5. could let run but it's news time so this could be just a fakie (although i think it's not)

total 79. can't complain.

out for lunch. bbl.

hapipipin

WBR

Congrat on your trades WBR, i m impress about your 3 MSCT trade ! Rock on
Respect and Honor !
  • #671
  • Aug 16, 2011 8:56am Aug 16, 2011 8:56am
a MSBT on GU
dreams do come true.
  • #672
  • Aug 16, 2011 8:59am Aug 16, 2011 8:59am
assuming that 80/20 rule hold, guess i'll be taking a couple of losses now. let's have them! LOL



Quoting Klaxon
Congrat on your trades WBR, i m impress about your 3 MSCT trade ! Rock on
dreams do come true.
  • #673
  • Aug 16, 2011 9:00am Aug 16, 2011 9:00am
looking good.
Attached Image (click to enlarge)
Click to Enlarge Name: forex.jpg Size: 95 KB
dreams do come true.
  • #674
  • Aug 16, 2011 9:04am Aug 16, 2011 9:04am
Quoting wannaberich
a MSBT on GU
It look more MSCT to me because the trend is N now
Respect and Honor !
  • #675
  • Aug 16, 2011 9:29am Aug 16, 2011 9:29am
but ended up with the first loss -20.

moving on.

Quoting wannaberich
looking good.
dreams do come true.
  • #676
  • Aug 16, 2011 9:32am Aug 16, 2011 9:32am
EurUsd settign up a classic mildly striking counter trend waiting for confirmation
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  • #677
  • Aug 16, 2011 9:36am Aug 16, 2011 9:36am
Hi Wanna

there was no MSBT trade on GU

if you classed the bands as mildly striking, then it could only have been mildly striking bullish

in which case a MSBT trade could only come from the lower band

in theory you could have had a MSCT trade from the upper band with that pincer like double top

is that what you meant?

Quoting wannaberich
a MSBT on GU
  • #678
  • Aug 16, 2011 9:58am Aug 16, 2011 9:58am
yup, that was not a MBST trade, as K also mentioned.

also i can't considered that we had a DT so it wasn't a decent MSCT too.

i'd just call it, in terms of the strategy at hand, a fuck up! LOL. money wise too.

would have been better trading it long as a SMBT and i'd be green on that one.

Green pips, J

Quoting jmw1970
Hi Wanna

there was no MSBT trade on GU

if you classed the bands as mildly striking, then it could only have been mildly striking bullish

in which case a MSBT trade could only come from the lower band

in theory you could have had a MSCT trade from the upper band with that pincer like double top

is that what you meant?
dreams do come true.
  • #679
  • Aug 16, 2011 10:01am Aug 16, 2011 10:01am
i made a couple of those yesterday....

Quoting wannaberich
yup, that was not a MBST trade, as K also mentioned.

also i can't considered that we had a DT so it wasn't a decent MSCT too.

i'd just call it, in terms of the strategy at hand, a fuck up! LOL. money wise too.

would have been better trading it long as a SMBT and i'd be green on that one.

Green pips, J
  • #680
  • Aug 16, 2011 10:05am Aug 16, 2011 10:05am
we need a loss once in a while just to get us back to earth.

remeber a friend telling me "a need a loss to see how i react (psycologically)" after a great stream of wins... he lost all he made on that good stream...




Quoting jmw1970
i made a couple of those yesterday....
dreams do come true.
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