Way to go Chonchy, empty that bank vault, man. 
Stay calm, be brave, wait for the signs - Jasper Friendly Bear
Cesarnc's market talk, gossips, rumours & fun
- #22,022
- Oct 31, 2011 12:08pm Oct 31, 2011 12:08pm
Price sure seems to have an affinity for that red S/R line - just can't stay away from it - must be some kind of clandistine love affair. Will the break up(down) be painfull? 
Let's ask bank robber Chonchy, he seems to have a good grip on things.
Let's ask bank robber Chonchy, he seems to have a good grip on things.
Stay calm, be brave, wait for the signs - Jasper Friendly Bear
- #22,023
- Edited 1:30pm Oct 31, 2011 12:49pm | Edited 1:30pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #22,024
- Oct 31, 2011 12:57pm Oct 31, 2011 12:57pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Price sure seems to have an affinity for that red S/R line - just can't stay away from it - must be some kind of clandistine love affair. Will the break up(down) be painfull?
Let's ask bank robber Chonchy, he seems to have a good grip on things.
.......I think it all depend on this BOJ robbers, fxhermit, yesterday they did a good number on me, I thought I was going to nail the two pairs for the prize of one analisis and boy was I wrong, I need 108 to get out now, that is a pain, I may take a loss, if it bounce off that trend red hrizontal discontinue line that you just pointed out there, the e/j should bounce up too, me think, we will see How she rolls, so far I did good on the trade from friday so you can't winn them all, can you?
The Chonchy
- #22,025
- Oct 31, 2011 1:00pm Oct 31, 2011 1:00pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Price sure seems to have an affinity for that red S/R line - just can't stay away from it - must be some kind of clandistine love affair. Will the break up(down) be painfull?
Let's ask bank robber Chonchy, he seems to have a good grip on things.
The Chonchy
- #22,027
- Oct 31, 2011 1:14pm Oct 31, 2011 1:14pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
.....this is the bothom I think for now, so let me see if i catch this pips, I took a loss with the e/j trade........let me see if i get it back with this one, away from the hit of the red doted line on the bothom of the triangle in that green inpulse candle, correct me if i'm wrong profesor FXHermit.......
The Chonchy
- #22,028
- Oct 31, 2011 1:14pm Oct 31, 2011 1:14pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #22,029
- Oct 31, 2011 1:15pm Oct 31, 2011 1:15pm
fxhermit sorry buther you but it looks like it was lost in the mail, but I wonder if those arrows you ploted on the first chart that you show me the s/r levels, is that an indi or just arrows form mt4? thanks in advance, like always at your service.......
Common settings to try are 2x18 (the one I showed on the chart), 2x13, 5x13, 4x5 (one of my favourities - but I'm an aggresive trader o.k.). Moving averages are actually meant to be curve fitted to price so just run through a few and see what gives you the best clarity for your style. Please remember, it is an indicator and as such may on more than one occassion behave like a blonde.
Stay calm, be brave, wait for the signs - Jasper Friendly Bear
- #22,030
- Oct 31, 2011 1:33pm Oct 31, 2011 1:33pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #22,031
- Oct 31, 2011 1:38pm Oct 31, 2011 1:38pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Just a generic ma cross indie (attached). As for the settings, well ... almost anything will do - just interested in an arrow away from S/R right. Depending upon your broker feed, time frame, trading style (conservative, aggressive) or whether the moon is in the seventh house and jupiter aligns with mars ....
Common settings to try are 2x18 (the one I showed on the chart), 2x13, 5x13, 4x5 (one of my favourities - but I'm an aggresive trader o.k.). Moving averages are actually meant to be curve fitted to price so just run through a few and see...
The Chonchy
- #22,032
- Oct 31, 2011 1:43pm Oct 31, 2011 1:43pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
.......well it looks like my stop is going to be hit and that monster trend line is going to be retested fxhermit..........
It may be looking for the low 38's perhaps who know, we will have to wait and see, won't we?
It may be looking for the low 38's perhaps who know, we will have to wait and see, won't we?
The Chonchy
- #22,033
- Oct 31, 2011 1:45pm Oct 31, 2011 1:45pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Price sure seems to have an affinity for that red S/R line - just can't stay away from it - must be some kind of clandistine love affair. Will the break up(down) be painfull?
Let's ask bank robber Chonchy, he seems to have a good grip on things.
The Chonchy
- #22,034
- Oct 31, 2011 1:59pm Oct 31, 2011 1:59pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #22,036
- Oct 31, 2011 2:01pm Oct 31, 2011 2:01pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #22,039
- Oct 31, 2011 2:13pm Oct 31, 2011 2:13pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
