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  • #1,041
  • Edited 9:35am Nov 18, 2011 9:09am | Edited 9:35am
Quoting marionette
VennD-
what technical tools are u using - trying to figure out your charts. Andrews Pitchforks and Gann? I can see the fibs, but you had vectors of some type in a previous chart.
interesting, I am always looking to expand my knowledge base.
thx!
Hello marionette ! You are ... ? miss ... or mrs ? ... If you are a boy , pls don't ask me (kidding).

Anyway ... here it is...

Mostly use fib , Channels/ TrendLines + Candlesticks/Formations as signals.

The understanding usage of the tools are important ... what does it try to tell you .. plus ... price actions. that's all .

As time passed by ... try to identify where are the buyers/sellers or ... potential buyers/sellers.. Follow them... but ... you hv to google else where to learn.

I don't want to be anybody's teacher ...
  • #1,042
  • Edited 9:33am Nov 18, 2011 9:31am | Edited 9:33am
Somehow there's a delay in the updating of this thread. Probably need to refresh / reload frequently.

That's why Im a bit late to see your post, ... or ... the technical problem might come from my sides
  • #1,043
  • Edited 11:45am Nov 18, 2011 11:35am | Edited 11:45am
Quoting VennD
Somehow there's a delay in the updating of this thread. Probably need to refresh / reload frequently.

That's why Im a bit late to see your post, ... or ... the technical problem might come from my sides
I am really impressed how precise is your analysis ...(short 265)
There is a lot to learn ...
  • #1,044
  • Nov 18, 2011 11:57am Nov 18, 2011 11:57am
I figured a drop to at least 1.0200 (from 1.0300) was coming. This is consistent with the price behavior on the DAILY charts.

Good thing I changed my TP to slightly higher than 1.0200 ... otherwise, it might have just missed it.
  • #1,045
  • Nov 18, 2011 6:23pm Nov 18, 2011 6:23pm
weekly close above 1.02 is important for bulls. Should allow for a move to 1.05 in coming weeks
  • #1,046
  • Edited Nov 19, 2011 10:44am Nov 18, 2011 10:46pm | Edited Nov 19, 2011 10:44am
Quoting carmelo76
... ...(short 265)
There is a lot to learn ...
Not allow to pm you ... so I use this thread..

Hi carmelo76 ! First of all Im so sorry if I couldn't answer some of your qstns earlier , reasons... i might be away at that point in time , ... and I also found that there's a delay in some of the posts to be updated in U/C thread. Could be server busy... for whatever the reasons ... lets forget and forgive

Ehmmm... Im long 201 + short 275 , with the other 14 scalpers in between them , total secured +1,967 pips so far ...

U/C Power Ranger ... 5m , 15m & 30m ... for your toilet paper ...
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  • #1,047
  • Nov 18, 2011 11:16pm Nov 18, 2011 11:16pm
SS&P 500 1h ...

Do you know what ... might happen to most of the USD related pairs should it fall from that panel ?
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  • #1,048
  • Nov 19, 2011 12:11am Nov 19, 2011 12:11am
Another views... from the oil platform ... U/C 5m , 15m & 30m.
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  • #1,049
  • Nov 19, 2011 6:01pm Nov 19, 2011 6:01pm
Quoting VennD
Not allow to pm you ... so I use this thread..

Hi carmelo76 ! First of all Im so sorry if I couldn't answer some of your qstns earlier , reasons... i might be away at that point in time , ... and I also found that there's a delay in some of the posts to be updated in U/C thread. Could be server busy... for whatever the reasons ... lets forget and forgive

Ehmmm... Im long 201 + short 275 , with the other 14 scalpers in between them , total secured +1,967 pips so far ...

U/C Power Ranger ... 5m , 15m & 30m ... for...
No problem...I think pm is not allowed because I am new on the forum..anyway like I said I am a new trader and I have a lot to learn...was a thank you to share your experience...I am studying about price action right now Any advice is really appreciate thanks...
  • #1,050
  • Nov 20, 2011 7:20am Nov 20, 2011 7:20am
Quoting carmelo76
No problem...I think pm is not allowed because I am new on the forum..anyway like I said I am a new trader and I have a lot to learn...was a thank you to share your experience...I am studying about price action right now Any advice is really appreciate thanks...
Those could be your price actions . It is called ... " Fooling the markets " . If Im wrong ... I'll just admit that Im wrong . It's gonna be 'them' ... whose going to pay for me , anyway .
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  • #1,051
  • Edited 9:49am Nov 20, 2011 9:37am | Edited 9:49am
Quoting VennD
Those could be your price actions . It is called ... " Fooling the markets " . If Im wrong ... I'll just admit that Im wrong . It's gonna be 'them' ... whose going to pay for me , anyway .
Thanks...so if I am not wrong fooling market in this case means that the price is going to fall again but looks like is going to make a new Hi...is this correct?
  • #1,052
  • Edited 12:47pm Nov 20, 2011 10:44am | Edited 12:47pm
Quoting carmelo76
Thanks...so if I am not wrong fooling market in this case means that the price is going to fall again but looks like is going to make a new Hi...is this correct?
Nobody is wrong ... in a sense that ... who will get the money first ? ... that chart (post # 1050) is in 5m tf ... of course there're lots of ups and downs . yeah .... it is normal in this season ... U/C will play with the bears but sided more with the bulls . ... new high u meant ? yes of course ... but no guarantee ! I prefer consolidation to pick up more buyers/sellers ... then only ... market can hit 1.0400 ... or 1.0000 , step by step ... (I don't mind where the prices want to go).

attached : UC Daily Chart - Supply for oil is there ... very healthy ... but demands are slowing down ... could be ... because of recession/depression ... in turn causing oil prices to fall/flactuate (but not crash). (atm ... Crude $94.50 - $103.50) . I think there're billions of dollars at HOLD 3 . IF u want UC to fall ... please fork out from your pockets ... more than 'them' !

Note : 2nd chart (UC Daily) , added 2 dotted descending TLs which are important for my future trades - there're big money along the lines ... IF ... " they're " not gone yet
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  • #1,053
  • Nov 20, 2011 1:23pm Nov 20, 2011 1:23pm
I don't see people posting charts of their analysis ? So ... I won't be posting anymore charts from now on . gl !
  • #1,054
  • Edited 10:24pm Nov 20, 2011 1:50pm | Edited 10:24pm
Quoting VennD
I don't see people posting charts of their analysis ? So ... I won't be posting anymore charts from now on . gl !
Thank you ...very helpful...I am keep studying your charts...and information.
I don't have nothing to suggest but please to all the trader in this forum :
post charts ...we can learn from each other...
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  • #1,055
  • Nov 21, 2011 12:50am Nov 21, 2011 12:50am
1.03 seems too tough to break... 15min and 4hr showing some weird divergence.

Short at 1.0294.... Which I think is pretty good sl @ 1.0310 in case this pops. Since there's little news today all you have to do is watch openings.

If this pair turns down now now then the daily will follow...we've stalled here too long
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  • #1,056
  • Nov 21, 2011 1:32am Nov 21, 2011 1:32am
Might the formal revelation of the supercommittee's failure to deal with the debt issues have a large impact on the dollar today?

Even though it wouldn't come as a "shock" to investors, I'm still fearful of shorting from 1.3000 because of this.
  • #1,057
  • Nov 21, 2011 5:29am Nov 21, 2011 5:29am
not sure why anyone would go short in the face of a clear up trend( unless your guessing) with higher lows being made very regularly since the bottom was formed at 0.99.
Higher prices from here to come.
  • #1,058
  • Nov 21, 2011 6:30am Nov 21, 2011 6:30am
Quoting kibescorp
Might the formal revelation of the supercommittee's failure to deal with the debt issues have a large impact on the dollar today?

Even though it wouldn't come as a "shock" to investors, I'm still fearful of shorting from 1.3000 because of this.
Shouldn't the failure cause the US dollar to drop against the CAD?
  • #1,059
  • Nov 21, 2011 11:56am Nov 21, 2011 11:56am
Quoting adug6
Shouldn't the failure cause the US dollar to drop against the CAD?

I would think the risk-off sentiment would overpower any blow to the currency itself.
  • #1,060
  • Nov 22, 2011 7:17am Nov 22, 2011 7:17am
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happy trading
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