- #20,481
- Oct 24, 2011 2:34am Oct 24, 2011 2:34am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #20,482
- Oct 24, 2011 3:40am Oct 24, 2011 3:40am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #20,484
- Oct 24, 2011 3:49am Oct 24, 2011 3:49am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #20,485
- Oct 24, 2011 3:57am Oct 24, 2011 3:57am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #20,488
- Oct 24, 2011 4:26am Oct 24, 2011 4:26am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #20,491
- Oct 24, 2011 4:35am Oct 24, 2011 4:35am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
closed most @ 1.59320
locked, may spike tg 1.59460 area
- #20,492
- Oct 24, 2011 4:38am Oct 24, 2011 4:38am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #20,494
- Oct 24, 2011 4:53am Oct 24, 2011 4:53am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
one position closed @ tg
no idea where fcuk this wants to go now, just leaving a small running
- #20,495
- Oct 24, 2011 4:58am Oct 24, 2011 4:58am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
compression getting formed at crude ..
are you already inside or looking to enter around my target area ?
will be watching price action for this gbpusd
closed out most, was in heavy
- #20,496
- Oct 24, 2011 5:17am Oct 24, 2011 5:17am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #20,499
- Edited 6:43am Oct 24, 2011 6:26am | Edited 6:43am
......... and let this be a lesson to all those who state lower tfs are noise, look @ the structure described in detail by this trader on 1min chart, once again, just stunning
ok, flags are in the direction of the trend or momentum within the particular tf whereas compression is not in the direction of the trend AFTER IT RESOLVES
so a bullflag dips and consumes excess supply above it and then resolves north, whereas a compression configuration is RISING TOWARDS SUPPLY BUT CONSUMING ITS OWN POCKETS OF DEMAND WITH UNDERSPIKES UNDERNEATH...
Man, you really are a machine! Up all night and spittin' out trades like a madman. Awesome work. I've never witnessed it first hand.
Finally got the first target and left a couple of micros before I hit the sack. I noticed the sharp reaction at the top and thought that might be it, but really wanted to see the gap filled. Oh well, still need to improve my "listening" when the market shouts something. Now I get it....finishing triangle, compression-top.
Edit: That lower tf crap never did make much sense to me, but it scared me from scalping. My opinion now is it did more harm than good. There's no reason not to take profit from the market just because it's not trending. How can a more detailed sample of the same substance be less valid? A chart is a chart is a chart, right?
Charts are limited in nature. What is the relative location?
- #20,500
- Oct 24, 2011 6:40am Oct 24, 2011 6:40am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
You went out , i came in
closed most
