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  • #6,941
  • Nov 16, 2011 7:06am Nov 16, 2011 7:06am
Quoting mercy seat
Currently we are at 1.3490 area ...

I do expect the mkt to move higher later ...

But that can last a while ...

All in that way as we did discuss that earlier ...

Breakpoint is daily central pivotal area ...

Still stitting at 1.3559 zone ...

Until now we have had three major moves to ride on ...



;-|
GOOD TRADING MERCY! as Always

Inserted Video
Markets are not Random, they are designed!
  • #6,942
  • Nov 16, 2011 7:09am Nov 16, 2011 7:09am
Quoting Raza
my first instinct was RIGHT..too bad took only 15 pips out of it......

What did I do...made a mistake....but it was good that I did not buy this @ 1.3523.

For now just watching..Daily target was exceeded as usual. Now looking for no brainer trade while having a tasty Coffee.
Yes, consolidating now.
  • #6,943
  • Nov 16, 2011 7:11am Nov 16, 2011 7:11am
There are many members that do look with a too keen eye if they can catch something at a single point only ... but the market doesn't want to get fenced in ...

For that reason it is more likely to make some points by using various entry levels and some various exit levels as well ...

As there are many methods to determine some levels ... and they all do have their rights to exist ...

For me it has been prooven that a mixture of some widespread and commonly used methods are made to achieve best results ...

Pivots are quite ok specially in case you talk very often with other banks counterparts ... as they do normally think in those levels and their derivations ... that avoids long debates and missunderstandings ...

Moreover it doesn't matter if we can get an entry or a target to a single pip ...

More important is that we develop our intuition to read the main sentiment of the market ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,944
  • Nov 16, 2011 7:14am Nov 16, 2011 7:14am
Quoting Raza
GOOD TRADING MERCY! as Always

http://www.youtube.com/watch?v=pyHku...cSDvkAxmkkm5Mm
Thank you ...

Schade ... unfortunately I cannot see this video ... as its transmission is obviously is surpressed in Germany because of copyright reasons ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,945
  • Nov 16, 2011 7:19am Nov 16, 2011 7:19am
Quoting mercy seat
Thank you ...

Schade ... unfortunately I cannot see this video ... as its transmission is obviously is surpressed in Germany because of copyright reasons ...



;-|
What? really!!

It was a song from Bad boys Movie 1995 called Shy guy.
Markets are not Random, they are designed!
  • #6,946
  • Nov 16, 2011 7:20am Nov 16, 2011 7:20am
Take care guys, non trading hours now. Volatility should rise in 10 mins.
  • #6,947
  • Nov 16, 2011 7:25am Nov 16, 2011 7:25am
Quoting T@rantula
Take care guys, non trading hours now. Volatility should rise in 10 mins.
Ya... I am dizzy....

Later guys.

so @ 1.3557 another POSSIBLE Bull trap...watchout guys.
Markets are not Random, they are designed!
  • #6,948
  • Nov 16, 2011 7:52am Nov 16, 2011 7:52am
Careful, news in 10 mins it may reverse afterwards.
  • #6,949
  • Nov 16, 2011 8:13am Nov 16, 2011 8:13am
Quoting T@rantula
Below 3455 short and above 3474 is long.
This is what im seeing, still we may jump up but remember stocks open in 15 mins.
  • #6,950
  • Nov 16, 2011 8:33am Nov 16, 2011 8:33am
Quoting T@rantula
This is what im seeing, still we may jump up but remember stocks open in 15 mins.
Jump and reverse, EU bound to go higher but 3595 holding it.
  • #6,951
  • Nov 16, 2011 8:49am Nov 16, 2011 8:49am
Quoting T@rantula
Jump and reverse, EU bound to go higher but 3595 holding it.
1.3595 Is the #..also 1.3444...

I wanted to short for 5 lots for scalp...by mistake entered 50....

bailed out with +10 pips

E/U in a triangle 5 min chart...usually these kind a TGs break to the upside..

on 5 min we also have a big CUP and Handle situation..that also favors the Upside..lets see whom market is fooling....

Price Violations have happened to the downside last 2 days...so Bias should be down....AND THE LEVEL IT STOPPED AT(1.3428) thats not any fib level on any of my chart....WEIRD.
Markets are not Random, they are designed!
  • #6,952
  • Nov 16, 2011 8:54am Nov 16, 2011 8:54am
Hmm ... NYSE is under pressure ...

Minus 1%

However the EURO is up ...

Mixed picture ...

But it is obviously set for further re-tests of DPP ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #6,953
  • Nov 16, 2011 8:56am Nov 16, 2011 8:56am
good afternoon
I SEE YOU !!
  • #6,954
  • Nov 16, 2011 9:08am Nov 16, 2011 9:08am
This is it guys.

Good news propel stockmarket, thus giving boost to risk on. Do you know why?

I will explain in short.

When good news hits US markets, investors put the money in stocks ( vice versa for bad news) thus creating a short term spike as there is lack of CASH liquidity which suppresses US $.
  • #6,955
  • Nov 16, 2011 9:13am Nov 16, 2011 9:13am
chart before I Sleep...
Attached Image (click to enlarge)
Click to Enlarge Name: 5 min.jpg Size: 79 KB
Markets are not Random, they are designed!
  • #6,956
  • Nov 16, 2011 9:14am Nov 16, 2011 9:14am
This is current situation.

3545 is major intraday resistance zone, while 3455 was last swing low.

If 3545 gets broken we can expect 3650 probably tomorrow. If 3455 is broken 3370 is nest stop.
  • #6,957
  • Nov 16, 2011 9:22am Nov 16, 2011 9:22am
Does anyone has a Gartley indicator...to see the max down Value could be..or is it good to Go....

Just hand made Gartley here....

Please post the gartley...there is huge $$ to be made here....

I dont wanna see people posting it after it gets to 1.50xx.
Attached Image (click to enlarge)
Click to Enlarge Name: gartley nov.jpg Size: 90 KB
Markets are not Random, they are designed!
  • #6,958
  • Nov 16, 2011 9:25am Nov 16, 2011 9:25am
Quoting Raza
Does anyone has a Gartley indicator...to see the max down Value could be..or is it good to Go....

Just hand made Gartley here....

Please post the gartley...there is huge $$ to be made here....
Attached File(s)
File Type: ex4 ZUP_v76mod4.ex4   315 KB | 504 downloads

Attached File(s)
File Type: mq4 Gartley.mq4   103 KB | 578 downloads

[ATTACH]
Attached File(s)
File Type: ex4 Gartley.ex4   159 KB | 484 downloads
[/ATTACH]

Here u go But i dont use it..
Attached File(s)
File Type: mq4 ZUP_v76mod4.mq4   356 KB | 439 downloads
  • #6,959
  • Nov 16, 2011 9:29am Nov 16, 2011 9:29am
Quoting T@rantula
Attachment
Attachment
[ATTACH]Attachment [/ATTACH]

Here u go But i dont use it..
BUT...

I cant use this I dont have MT4....

Daily looks good for this set up...4 hr seems to be ready as well..thats why I wanna see the price from gartley for max down...I have 1.3424 and 1.3404 from Fibs....

COMEON SILENT LURKERS POST SOMETHING!!!

This is one move you dont wanna Miss!!!!seriously..
Markets are not Random, they are designed!
  • #6,960
  • Nov 16, 2011 9:45am Nov 16, 2011 9:45am
Quoting Raza
Does anyone has a Gartley indicator...to see the max down Value could be..or is it good to Go....

Just hand made Gartley here....

Please post the gartley...there is huge $$ to be made here....

I dont wanna see people posting it after it gets to 1.50xx.
its a butterfly

selling should be around 1.5 if it reached there

but to get the one which is closer ,
this could be either gartley or bat .

I guess bears need to go below the last low to gain momentum , we will have bad looking chart
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: h&s.jpg Size: 71 KB
I SEE YOU !!
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