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  • #381
  • Sep 12, 2011 9:55am Sep 12, 2011 9:55am
Just took this trade on oil, potential for much more of a drop imo but markets are quiet so took what was offered. Will probably drop now!
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  • #382
  • Sep 12, 2011 10:05am Sep 12, 2011 10:05am
Quoting Ultimatus
Just took this trade on oil, potential for much more of a drop imo but markets are quiet so took what was offered. Will probably drop now!
Very astute trade
  • #383
  • Sep 12, 2011 10:11am Sep 12, 2011 10:11am
Quoting Ifmyante
Very astute trade
Thanks, and I'm pleased to see it's now going up, hehe
  • #384
  • Sep 12, 2011 10:16am Sep 12, 2011 10:16am
Quoting Ultimatus
Just took this trade on oil, potential for much more of a drop imo but markets are quiet so took what was offered. Will probably drop now!
You get trolls like Alexone who can't tell his arse from his elbow and he has to shit on people to make him feel better and then you get people like Ultimatus...

He listens, he learns, he practices, he is part of the community, he posts his trades for comment or just to let people know how he's trading. He doesn't ask stupid questions, he does the research himself, he has both eyes open and he can see that trading S&D makes perfect sense.

Keep up the great work buddy! Nice trading
  • #385
  • Sep 12, 2011 10:19am Sep 12, 2011 10:19am
Quoting bbakker
You get trolls like Alexone who can't tell his arse from his elbow and he has to shit on people to make him feel better and then you get people like Ultimatus...

He listens, he learns, he practices, he is part of the community, he posts his trades for comment or just to let people know how he's trading. He doesn't ask stupid questions, he does the research himself, he has both eyes open and he can see that trading S&D makes perfect sense.

Keep up the great work buddy! Nice trading
Thanks bbakker, that means a lot to me coming from you.

(oil on it's way down again now) lol
  • #386
  • Sep 12, 2011 10:31am Sep 12, 2011 10:31am
anyone else wondering what is happening with gold?
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  • #387
  • Sep 12, 2011 10:38am Sep 12, 2011 10:38am
Get a room you two!

Quoting Ifmyante
Right back atcha

Thanks for getting involved
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Hello.
  • #388
  • Sep 12, 2011 10:40am Sep 12, 2011 10:40am
  • #389
  • Sep 12, 2011 10:45am Sep 12, 2011 10:45am
Quoting emene
Get a room you two!
Don't get so jealous honey.

I still only have eyes for you
  • #390
  • Sep 12, 2011 11:01am Sep 12, 2011 11:01am
was able to catch gold again 1.820 erea

I will post chart later.
born to speculate
  • #391
  • Sep 12, 2011 11:03am Sep 12, 2011 11:03am
Quoting emene
Get a room you two!
are you jealous

born to speculate
  • #392
  • Sep 12, 2011 11:23am Sep 12, 2011 11:23am
Gold 1M trade
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born to speculate
  • #393
  • Sep 12, 2011 4:24pm Sep 12, 2011 4:24pm
Quoting Ultimatus
anyone else wondering what is happening with gold?

hi ultimatus


my take on gold


1. a wide spread down bar on high volume , thats a sign of change in beahviour ie the first sign of weakness


2. as we rallie back to the top , volume is decreasing with this upbar on the low volume at the top// ie no demand .. and this leads to supply


3. volume increases and we have a wide spread down bar with a middle close
nothing to be concerned as the close isnt that weak ..

4. price tried rallie but with a result of a poor close and increased volume .. with volume that high and no real progress to the upside as a result , we can speak of supply rather then demand


5. as price touches a H4 demand zone volume increases and is high .. wich forms a pinbar of demand zone.. ie demand has been found (notice that the volume is rather lowish as price aproaches the demand zone) ie stopping action


6. however the resulting rallie back to top is rather a weak notice that this bar is on lower volume then the supply bars near that level.. remember we need to see demand to take out supply .. and the result is a lower high

7.notice the high volume downbar towards demand zone.. ie this is the opposite of the previous discussed bar (6) but this time the volume action is good in terms of supply coming towards to a demand zone ..



conclusion.. the market shows signs of weakness .. and no real signs of strenght(demand) yet,so to me it looks like before we see the area of 1915ish we see the daily demand area of 1733ish
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  • #394
  • Sep 12, 2011 10:16pm Sep 12, 2011 10:16pm


Quoting PrymeTyme
hi ultimatus


my take on gold


1. a wide spread down bar on high volume , thats a sign of change in beahviour ie the first sign of weakness


2. as we rallie back to the top , volume is decreasing with this upbar on the low volume at the top// ie no demand .. and this leads to supply


3. volume increases and we have a wide spread down bar with a middle close
nothing to be concerned as the close isnt that weak ..

4. price tried rallie but with a result of a poor close and increased volume .. with volume that high and no real progress to...
Hello.
  • #395
  • Sep 13, 2011 4:17am Sep 13, 2011 4:17am
Hi everyone.

Here is the latest release (http://www.tradingacademy.com/lessons/20110913/index.htm) of the selfish bastard who discloses only half of what he knows

Enjoy and keep on working hard.
Hello.
  • #396
  • Sep 13, 2011 4:22am Sep 13, 2011 4:22am
Quoting emene
Hi everyone.

Here is the latest release (http://www.tradingacademy.com/lessons/20110913/index.htm) of the selfish bastard who discloses only half of what he knows

Enjoy and keep on working hard.
For a man to give his earnings that he made on the markets from the price movements after the Japanese earthquake to the earthquake fund... how selfish is that! Now he posts articles with only half the information, what is this world coming to!
  • #397
  • Sep 13, 2011 8:58am Sep 13, 2011 8:58am
Thanks for the link! Measuring the distances between swing highs/lows is definitely something new to me... I'm gonna start observing that
  • #398
  • Sep 14, 2011 4:04am Sep 14, 2011 4:04am
a trade just taken, although still far from the amount of pips you guys score daily...
trade ended not too badly...
reason: pa emerging from daily demand from the bottom... h1 making HH and HL.. missed the best entry at the inverted H&S at the bottom of my m5 chart... saw the strong rejection and hopped on the train...

regards,
dboy
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  • #399
  • Sep 14, 2011 5:07am Sep 14, 2011 5:07am
Quoting dboywholived
a trade just taken, although still far from the amount of pips you guys score daily...
trade ended not too badly...
reason: pa emerging from daily demand from the bottom... h1 making HH and HL.. missed the best entry at the inverted H&S at the bottom of my m5 chart... saw the strong rejection and hopped on the train...

regards,
dboy
Nice work Dboy.

Tell me, do you have any problems with using Luktom on multiple charts?
I remember having some lately
  • #400
  • Sep 14, 2011 5:26am Sep 14, 2011 5:26am
Quoting Ifmyante
Nice work Dboy.

Tell me, do you have any problems with using Luktom on multiple charts?
I remember having some lately
multiple charts of the same pair? is that what you meant?
some mini inconveniences such as the lines do not stay as it is when switching tf, but overall still works okay for me..
definitely a helpful tool esp when you need to leave the screen...
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