Islander/Medici,
Pretty much duplicated your trades you posted morning, purely off the celestial navigation of the range bars !!..
doc.
Trading Levels with WRBs
Islander and Medici trade the European open
- #3,321
- Edited 1:41pm Nov 17, 2011 1:25pm | Edited 1:41pm
- Joined Jan 2007 | Status: Trader | 11,838 Posts
- #3,322
- Nov 17, 2011 5:47pm Nov 17, 2011 5:47pm
This afternoon's session was in a ~ 40 pip range for almost 4 hours, providing some excellent range trading entries off both RBs and the normal chart.
R1 was the sell area and I held my last short expecting the Daily Pivot to get hit - my patience was finally rewarded when the 00 area support was finally broken - I opened an excellent bottle of Viņa Pomal Reserva as my just reward...
- #3,326
- Nov 18, 2011 1:33am Nov 18, 2011 1:33am
Thanks Doc, I will try that one, other one works most of the time but still stops every now and then.
The indi might be OK but the pilot is still hopeless
The indi might be OK but the pilot is still hopeless
Macca,
Hope you have tha bars functioning, here is another one I found. Cannot comment on it's fuctionality as I Have not tried it.
doc
I bet everyone's waiting for this baby to pop this morning??, Sadly I have to leave the house in the next 25mins, leave some on the table for me!!!.
Edit:- You see!!! Everytime I type I miss a move, Having to look for a pullback now..huffff.
Money grows on the tree of persistence
- #3,327
- Nov 18, 2011 1:40am Nov 18, 2011 1:40am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
GM all - I guess you guys spotted the symmetrical triangle on the 5m / 15m.....its rising lower edge provided an excellent heads up when just before FO price tested it in the confluence with todays DP and the **75 level.....good for ~40 pips to start Freaky Friday 
Trading Levels with WRBs
- #3,328
- Nov 18, 2011 1:44am Nov 18, 2011 1:44am
- Joined Nov 2008 | Status: Trader | 3,270 Posts
GM all - I guess you guys spotted the symmetrical triangle on the 5m / 15m.....its rising lower edge provided an excellent heads up when just before FO price tested it in the confluence with todays DP and the **75 level.....good for ~40 pips to start Freaky Friday
- #3,329
- Nov 18, 2011 1:54am Nov 18, 2011 1:54am
Not so strange if you consider that the RBs depend on the exact tick flow, and consequently are bound to differ between brokers.
GM all - I guess you guys spotted the symmetrical triangle on the 5m / 15m.....its rising lower edge provided an excellent heads up when just before FO price tested it in the confluence with todays DP and the **75 level.....good for ~40 pips to start Freaky Friday
- #3,330
- Nov 18, 2011 2:06am Nov 18, 2011 2:06am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Fancy triangle 
BTW, cable is this morning's star with a 65 pip range during FH....
Toppy wicks on all TFs up to 15m.....
BTW, cable is this morning's star with a 65 pip range during FH....
Toppy wicks on all TFs up to 15m.....
Trading Levels with WRBs
- #3,332
- Nov 18, 2011 2:55am Nov 18, 2011 2:55am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Two good trades so far......with higher than usual volume in FH....
Trading Levels with WRBs
- #3,334
- Nov 18, 2011 3:22am Nov 18, 2011 3:22am
- Joined Nov 2008 | Status: Trader | 3,270 Posts
Couple of good LHs after 8.30 
- #3,336
- Nov 18, 2011 4:48am Nov 18, 2011 4:48am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Couple of good LHs after 8.30
Trading Levels with WRBs
- #3,337
- Nov 18, 2011 7:30am Nov 18, 2011 7:30am
- Joined Nov 2008 | Status: Trader | 3,270 Posts
Agreed - althought I think they're HLs......later a LH ~the 3550 resiatance area showed the way down......sufficent for this morning.....
Rode that short down for 15 until it was time for shower, and then pizza and tinto lunch
- #3,338
- Nov 18, 2011 8:23am Nov 18, 2011 8:23am
- Joined Nov 2008 | Status: Trader | 3,270 Posts
Here we go again - a serious bounce at a level. Will this triple bottom reverse up to 3600-3800 before the downward journey continues?
- #3,339
- Edited 12:00pm Nov 18, 2011 9:50am | Edited 12:00pm
I should do longer-term predictions instead of short-term trading
The reversal just before NYO was at the 50% retrace of the move down from Monday's open. Later there was a double top bear flag midway between NYO and NYO2. This was at the 50% pullback of the move down from today's high and just below R2. I sold at 3579. The Dow sold off on opening which helped my trade nicely and I exited for +46 at 3533 after the bounce off R1 when the Dow also found support at 11750.
Shortly after there was another entry in a doji at yesterday's high which I left as I had to go out..
I missed all the action at FO/LO sadly due to other duties today.
Follow, don't anticipate.