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  • #10,141
  • Jan 26, 2012 4:56am Jan 26, 2012 4:56am
Quoting T@rantula


Hope you have notice the daily chart mate too........
  • #10,142
  • Jan 26, 2012 4:59am Jan 26, 2012 4:59am
Quoting Munal


Hope you have notice the daily chart mate too........
yeah munal nice work mate - (even though u talking to tata)
not going short ? i mean from what i percieve from ur chart is old sup become new res and some pivot R's as well.

not enough confluence yet?

Have I got something on my face, SOLDIER?
  • #10,143
  • Jan 26, 2012 5:01am Jan 26, 2012 5:01am
Quoting Munal


Hope you have notice the daily chart mate too........
Yes mate I have. I went with fibs and levels I projected for London session, swing 3108-3142, closed all thou 3175 was accurate to the pip.
  • #10,144
  • Jan 26, 2012 5:05am Jan 26, 2012 5:05am
Quoting bumapatria
yeah munal nice work mate - (even though u talking to tata)
not going short ? i mean from what i percieve from ur chart is old sup become new res and some pivot R's as well.

not enough confluence yet?


Hi Mate

Yeah and we have a fib level so there is some confluence but as we are in up trend for any short i will be checking small TF if there is any Reversal forming........
  • #10,145
  • Jan 26, 2012 5:07am Jan 26, 2012 5:07am
OK guys have a great day

See you latter.....
  • #10,146
  • Jan 26, 2012 5:32am Jan 26, 2012 5:32am
time projection cycle of venus and true node occured at vertical line and heres what i think is happening. but i also have pa perspective
Attached Image (click to enlarge)
Click to Enlarge Name: naked_trading.png Size: 36 KB

also a possible h/s and "ice" breaking now.
less and less buyers would look dependent on guarding a weak holders level.

sorry for the "untuk" that means "for" in english - i posted it on a local forum
Have I got something on my face, SOLDIER?
  • #10,147
  • Jan 26, 2012 5:36am Jan 26, 2012 5:36am
Quoting bumapatria
time projection cycle of venus and true node occured at vertical line and heres what i think is happening. but i also have pa perspective
Attachment
also a possible h/s and "ice" breaking now.
less and less buyers would look dependent on guarding a weak holders level.

sorry for the "untuk" that means "for" in english - i posted it on a local forum
Interesting chart...am gonna analyze it in 10 mins..
  • #10,148
  • Jan 26, 2012 5:39am Jan 26, 2012 5:39am
Ice broken - weak holders stops hunted sell stops triggered.
Attached Image (click to enlarge)
Click to Enlarge Name: stop hunt.gif Size: 13 KB
Have I got something on my face, SOLDIER?
  • #10,149
  • Jan 26, 2012 5:40am Jan 26, 2012 5:40am
closed for +20 pips. mini stop hunting run.
Have I got something on my face, SOLDIER?
  • #10,150
  • Jan 26, 2012 6:04am Jan 26, 2012 6:04am
Quoting bumapatria
time projection cycle of venus and true node occured at vertical line and heres what i think is happening. but i also have pa perspective
Attachment
also a possible h/s and "ice" breaking now.
less and less buyers would look dependent on guarding a weak holders level.

sorry for the "untuk" that means "for" in english - i posted it on a local forum
Excellent market cycle example!

Accumulation, distribution, mark up trend, reversal- 4 main cycles. Accumulation phase-consolidation before next move.
  • #10,151
  • Jan 26, 2012 6:06am Jan 26, 2012 6:06am
Quoting bumapatria
time projection cycle of venus and true node occured at vertical line and heres what i think is happening. but i also have pa perspective
Attachment
also a possible h/s and "ice" breaking now.
less and less buyers would look dependent on guarding a weak holders level.

sorry for the "untuk" that means "for" in english - i posted it on a local forum
Too good '''''
finding A M S
  • #10,152
  • Jan 26, 2012 6:08am Jan 26, 2012 6:08am
Quoting T@rantula
Excellent market cycle example!

Accumulation, distribution, mark up trend, reversal- 4 main cycles. Accumulation phase-consolidation before next move.
And dont forget that RETRACEMENT is THE PART of THE TREND ( not reversal)
  • #10,153
  • Jan 26, 2012 6:21am Jan 26, 2012 6:21am
Quoting T@rantula
And dont forget that RETRACEMENT is THE PART of THE TREND ( not reversal)
we can get pretty clueless bout trends Tata - charts manipulate (timeframes actually) manipulate our view on "trends".

to me trends are fractal - as in part of a greater retracement. lets look at it this way - overall euro dropped from around 4900 value to 2800 and below over the course of 1-2 years. the trend is down from this perspective.

now we might look like we have an uptrend - but is price really accumulating? no - not really. this seems we are still in mark down period and this uptrend is actually fractal (part of) the bearish retracement.


it really depends on which "dimension" of the different fractals ure looking at.

and i dont mean fractal indi - i mean fractal as in part of a larger whole.

and lets look at the break of the ice earlier - price made no higher high - and made a lower low than the ice. therefore we can now see the prevailing trend RIGHT at the moment is bearish.

jsut my view tho - would like reply
Have I got something on my face, SOLDIER?
  • #10,154
  • Jan 26, 2012 6:31am Jan 26, 2012 6:31am
Quoting bumapatria
we can get pretty clueless bout trends Tata - charts manipulate (timeframes actually) manipulate our view on "trends".

jsut my view tho - would like reply
here....just its so simple.

Every TF can have a trend. Even m1 chart. If you trade the particulat chart based on a particular TF,then its not so important to watch it globally because every timeframe is the dimension on its own.

So every timeframe needs to be considered a separate dimension.

HH and HL for uptrend, LH and LL for downtrend. When the price reaches particular levels it needs to retrace, thats the part of the trend. It needs to stabilize its supply/demand ratio so we have retracements and occasionally corrections.

Then when u switch to Range Bars, its even more simple
  • #10,155
  • Jan 26, 2012 6:39am Jan 26, 2012 6:39am
Quoting T@rantula
here....just its so simple.

Every TF can have a trend. Even m1 chart. If you trade the particulat chart based on a particular TF,then its not so important to watch it globally because every timeframe is the dimension on its own.

So every timeframe needs to be considered a separate dimension.

HH and HL for uptrend, LH and LL for downtrend. When the price reaches particular levels it needs to retrace, thats the part of the trend. It needs to stabilize its supply/demand ratio so we have retracements and occasionally corrections.

Then when u switch...
yeah true - one needs to view it as its own thing.

oh yeah bout the range bars u uploaded - is it a script or an expert or an indicator?
Have I got something on my face, SOLDIER?
  • #10,156
  • Jan 26, 2012 6:48am Jan 26, 2012 6:48am
Quoting bumapatria
yeah true - one needs to view it as its own thing.

oh yeah bout the range bars u uploaded - is it a script or an expert or an indicator?
modified expert, put it in experts folder. Written as a script i presumed it might work also when put in scripts. I have it in experts..
  • #10,157
  • Jan 26, 2012 6:52am Jan 26, 2012 6:52am
Quoting T@rantula
modified expert, put it in experts folder. Written as a script i presumed it might work also when put in scripts. I have it in experts..
okay thanks man
Have I got something on my face, SOLDIER?
  • #10,158
  • Jan 26, 2012 7:21am Jan 26, 2012 7:21am
3120 is support now. Major intraday support for bulls lies at 3100. Trend continuation projected to 3200, next upswing should go to 3180.

momentum and volatility needed.

Attached Image (click to enlarge)
Click to Enlarge Name: rbt1.jpg Size: 56 KB


Attached Image (click to enlarge)
Click to Enlarge Name: targ.jpg Size: 53 KB


Scaling out as it might give some retrace now. 3170-75 important
  • #10,159
  • Jan 26, 2012 7:46am Jan 26, 2012 7:46am
Quoting T@rantula
Scaling out as it might give some retrace now. 3170-75 important
Exactly 3175 rejection. If it comes to retest it again in Cross EU NY session i reckon it will be broken.
  • #10,160
  • Jan 26, 2012 7:49am Jan 26, 2012 7:49am
Quoting T@rantula
Exactly 3175 rejection. If it comes to retest it again in Cross EU NY session i reckon it will be broken.
yes ' But 1.319 to 1.32 area is important '' we may have retrace from there also for a period of time
finding A M S
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