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  • #12,181
  • Mar 5, 2012 8:06am Mar 5, 2012 8:06am
EU hourly PP 3221
  • #12,182
  • Mar 5, 2012 8:10am Mar 5, 2012 8:10am
Quoting T@rantula
Needless to say. EGkid is the best intraweek swing trader i have seen so far.
Thanks for complement i try to b but guess I'm lucky
Egkid<<Still much to Learn
  • #12,183
  • Mar 5, 2012 8:11am Mar 5, 2012 8:11am
Quoting prashant7
thanks for reminding me . was still working on the charts
Question...

I am going to be to put my neck on the line here..

How can you guess the price...without charting it...
Do you use a different system for price calculations..?

Thanks
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,184
  • Mar 5, 2012 8:17am Mar 5, 2012 8:17am
Quoting PhAnTi'

....prove me wrong
fib retracements are mathmetical ratios. projections of levels by taking 2 price points right? fib bar counting uses the fib sequence from 1 point origin. so does fib price ranges similary does the sq9. its just different "style" of level projection


speaking of which i am short on eurjpy. TL 3rd touch hidden divergence

levles are based on the sq9 90 degrees incremeents.

also 0.618 retracement noted in the area. since the low it has moved a price range of about 89 pips - (fib number)
its against my aud trade but since its at BE+1 i have nothing to worry about.

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy_short_1.png Size: 32 KB
Have I got something on my face, SOLDIER?
  • #12,185
  • Mar 5, 2012 8:19am Mar 5, 2012 8:19am
decided to close audusd for +16
Have I got something on my face, SOLDIER?
  • #12,186
  • Mar 5, 2012 8:20am Mar 5, 2012 8:20am
Quoting BlackWid0w

How can you guess the price...without charting it...
Do you use a different system for price calculations..?

Thanks
BW
Hmm I think its impossible to guess anything here...Still a good question BW.
  • #12,187
  • Mar 5, 2012 8:25am Mar 5, 2012 8:25am
Quoting BlackWid0w
Question...

I am going to be to put my neck on the line here..

How can you guess the price...without charting it...
Do you use a different system for price calculations..?

Thanks
BW


I am calculating it with fib levels on my other charts which has to be transferred and then i have to post it . needless to say one cannot blindly read charts and say this are the levels without working on it with lots of technical tools . i have a difficulty of posting from that account so i do it with my mini account charts ''''' so it takes time and mean while some times i even forget to post charts . will try to remember from now to first post chart then post the explanations and views
finding A M S
  • #12,188
  • Mar 5, 2012 8:29am Mar 5, 2012 8:29am
Quoting prashant7
I am calculating it with fib levels on my other charts which has to be transferred and then i have to post it . needless to say one cannot blindly read charts and say this are the levels without working on it with lots of technical tools . i have a difficulty of posting from that account so i do it with my mini account charts ''''' so it takes time and mean while some times i even forget to post charts . will try to remember from now to first post chart then post the explanations and views
It seems like I have got on the wrong side of you ...
No Problems will look foward to your charts...

Thanks
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,189
  • Mar 5, 2012 8:39am Mar 5, 2012 8:39am
Quoting BlackWid0w
It seems like I have got on the wrong side of you ...
No Problems will look foward to your charts...

Thanks
BW
So now i noticed this . please have a look fib 23.6 and a TL comes as resistance almost at same point and we are heading for retrace

finally some charts as demanded
Attached Image (click to enlarge)
Click to Enlarge Name: 111.GIF Size: 40 KB
finding A M S
  • #12,190
  • Mar 5, 2012 8:45am Mar 5, 2012 8:45am
Quoting prashant7
So now i noticed this . please have a look fib 23.6 and a TL comes as resistance almost at same point and we are heading for retrace

finally some charts as demanded
Prashant sorry, but...

This doesnt look good....Where is that fib going? U connected it to an empty space? How come...

I dont understand the chart...
  • #12,191
  • Mar 5, 2012 8:48am Mar 5, 2012 8:48am
Quoting T@rantula
Prashant sorry, but...

This doesnt look good....Where is that fib going? U connected it to an empty space? How come...

I dont understand the chart...
Empty space ? its from high to low buddy 1.3485 to 1.3160 thats it

for this i am not considering candle close as its below h4
finding A M S
  • #12,192
  • Mar 5, 2012 8:50am Mar 5, 2012 8:50am
Quoting prashant7
So now i noticed this . please have a look fib 23.6 and a TL comes as resistance almost at same point and we are heading for retrace

finally some charts as demanded
mybe yes... but unlikely imo buddy

from what i studied from price analysis through fib ratios 23.6 provides the least "momentum drive". The power levels are the "Golden section's" 0.382 and 0.618. and their extensions and reciprocals etc...
Have I got something on my face, SOLDIER?
  • #12,193
  • Mar 5, 2012 8:50am Mar 5, 2012 8:50am
Quoting egkid
Take care about 3233 , 3244 nice R
B back later
3233 Play nice as R
For AUD/U still 1.0670 play as good support
Time to wait to see where my 4h will close,
  • #12,194
  • Mar 5, 2012 8:52am Mar 5, 2012 8:52am
Quoting prashant7
Empty space ? its from high to low buddy 1.3485 to 1.3160 thats it

for this i am not considering candle close as its below h4
This is correct fib placement. Watch the red line. It needs to connecto to existing candle, not void space..


Where did u connect the bottom?

Attached Image (click to enlarge)
Click to Enlarge Name: fibs.jpg Size: 69 KB
  • #12,195
  • Mar 5, 2012 8:53am Mar 5, 2012 8:53am
Quoting prashant7
So now i noticed this . please have a look fib 23.6 and a TL comes as resistance almost at same point and we are heading for retrace

finally some charts as demanded
Bravo Prashant...Well done on your chart..
I have understood your level of forex...
Going to keep this simple

This is what your next post should look like:

Trade: Entry,Exit StopLoss
Chart:
Logic Behind Trade

I expect the rules to be followed 100%
Please do not post trades with target of 1000 pips targets till you think
you are personally qualified to do so..

If you want an example of a trade have a look at my yen trade
500 points it is up from my call not looked back have I taken it
Yes I have..

No Arguments required.
God Bless you and I sincearely wish you the best of luck

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,196
  • Mar 5, 2012 8:55am Mar 5, 2012 8:55am
Quoting bumapatria
mybe yes... but unlikely imo buddy

from what i studied from price analysis through fib ratios 23.6 provides the least "momentum drive". The power levels are the "Golden section's" 0.382 and 0.618. and their extensions and reciprocals etc...
I am not suggesting to take trades on sell side ? ......... just posted my views

on charts i know 23.6 doesn't provide much mm but that TL has to be seriously considered right atleast if you are on buying side
finding A M S
  • #12,197
  • Mar 5, 2012 8:59am Mar 5, 2012 8:59am
@Phanti... EJ bounced based on the level lol

just fooling with you
yes it might sound crazy but its logical.

@prashant - yeah true very true respect ur views Prashant, good warning coz EJ bounced EU also possibly bounced as well!

stop to +1.

imo price highs and lows make more definition than just a high and low. its like a "mark" that an important occurrence happened. And using natural relationships to gauge possible future levels logically IS possible.
Attached Image (click to enlarge)
Click to Enlarge Name: stop_to_+1.png Size: 37 KB
Have I got something on my face, SOLDIER?
  • #12,198
  • Mar 5, 2012 9:00am Mar 5, 2012 9:00am
Quoting T@rantula
This is correct fib placement. Watch the red line. It needs to connecto to existing candle, not void space..


Where did u connect the bottom?

Attachment
fine i got your point

that is because of urgency dude ok
done .i thought you went on to say to make it to candle close '




ok that red blink line will be drawn to 3160 ok fine
Attached Image (click to enlarge)
Click to Enlarge Name: 112.GIF Size: 36 KB
finding A M S
  • #12,199
  • Mar 5, 2012 9:05am Mar 5, 2012 9:05am
Quoting BlackWid0w
Bravo Prashant...Well done on your chart..
I have understood your level of forex...
Going to keep this simple

This is what your next post should look like:

Trade: Entry,Exit StopLoss
Chart:
Logic Behind Trade

I expect the rules to be followed 100%
Please do not post trades with target of 1000 pips targets till you think
you are personally qualified to do so..

If you want an example of a trade have a look at my yen trade
500 points it is up from my call not looked back have I taken it
Yes I have..

No Arguments required.
God...
will try and keep it simple and thanks by the way
finding A M S
  • #12,200
  • Mar 5, 2012 9:17am Mar 5, 2012 9:17am
Quoting T@rantula
This is correct fib placement. Watch the red line. It needs to connecto to existing candle, not void space..


Where did u connect the bottom?

Attachment
Hey T i think he did the same as the 1.00% and 0.00% levels but he didnt drag the points to the exact low or high but more or less on the same levels.

Have I got something on my face, SOLDIER?
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