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  • #12,621
  • Mar 9, 2012 10:51am Mar 9, 2012 10:51am
Quoting BlackWid0w
Hi Bump,

Please can you post your post stating chart reason for entry and exit

Thanks
BW
Yes pls.
  • #12,622
  • Mar 9, 2012 10:52am Mar 9, 2012 10:52am
Quoting egkid
AUD/U Will make me
I know the direction and my tp is right but the problem about this
Too much correction

From my experience i will spot on something
When i start trading i was asking like any newbie
which pair should i start and all professionals Says with ugly hard voice"Any pair all the same if u know trade one u trade the rest"

1-E/U Most trending pair
2- Each pair has his own attitude , properties
3- I think scalping is better with this type of pair with 5 min TF because has much correction like AUD/U "Maybe...
hey eg nice post... i also learnt that not everything is a united move or perfect correlation. after some learning its like u gotta treat each pair as a unique entity despite some correlations with others...

nice post!
Have I got something on my face, SOLDIER?
  • #12,623
  • Mar 9, 2012 11:01am Mar 9, 2012 11:01am
ok sure guys.. its based on the daily chart. this is snot updated as i need to update the ascii for this platform from meta manually.
Attached Image (click to enlarge)
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some usual bar counts on the daily timeframe. fibonacci sequence based - and a price retracement of a bullish swing. 38.2 and 61.8 are the fib levels i watch out for. Basically price has met with time.


i hope the concept isnt hard to grasp. i look for points i time and price to match at a level for a trade that is all.

if anything seems a mismatch or not understable please point it out

next time ill be more precise and more ethical with the thread with the "LONG at .... SL at... " process as ive been skipping o nthat recently. i gave a link to my blog and it led straight to this setup and my entries but since T wishes no links i forgot to update it just from the den .
Have I got something on my face, SOLDIER?
  • #12,624
  • Mar 9, 2012 11:07am Mar 9, 2012 11:07am
Quoting donfriday
YOU ARE NOT NEWBIE ANYMORE....YOU ARE LEGEND...
Hey
Long time not see u!! where have u been?
Hope all fine.
Thanks for the complement - still much to learn bro
  • #12,625
  • Mar 9, 2012 1:02pm Mar 9, 2012 1:02pm
Closed it: -5.
Not letting a risky countertrade over the weekend.

This market could start with a bearish gap on Sunday...

Quoting BrunargarFx
Long: 1.312
SL:1.319
Target open atm
  • #12,626
  • Mar 10, 2012 9:28am Mar 10, 2012 9:28am
Quoting bumapatria
ok sure guys.. its based on the daily chart. this is snot updated as i need to update the ascii for this platform from meta manually.
Attachment
some usual bar counts on the daily timeframe. fibonacci sequence based - and a price retracement of a bullish swing. 38.2 and 61.8 are the fib levels i watch out for. Basically price has met with time.


i hope the concept isnt hard to grasp. i look for points i time and price to match at a level for a trade that is all.

if anything seems a mismatch or not understable please point it out...
Hi bump,

I asked you the question not T, I have clearly asked you a question and you have shown me your maturity on redirection of the answer to T.

Good Luck in trading forex.
I am done with you welcome to my ignore list.

Regards
BW
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #12,627
  • Mar 10, 2012 10:21am Mar 10, 2012 10:21am
Quoting BlackWid0w
Hi bump,

I asked you the question not T, I have clearly asked you a question and you have shown me your maturity on redirection of the answer to T.

Good Luck in trading forex.
I am done with you welcome to my ignore list.

Regards
BW
"Good Luck in trading forex."
unfortunately luck does not bring success. other things do - not luck.

bye everyone TC, no more unnecessary noise to the den from my trash. not that i was much of use anyways ever since i came.

Regards:
"BUMP"


PS:
5 years.
Have I got something on my face, SOLDIER?
  • #12,628
  • Mar 11, 2012 9:20am Mar 11, 2012 9:20am
Quoting bumapatria
"Good Luck in trading forex."
unfortunately luck does not bring success. other things do - not luck.

bye everyone TC, no more unnecessary noise to the den from my trash. not that i was much of use anyways ever since i came.

Regards:
"BUMP"


PS:
5 years.
sure it does....you just need enough of it
Hero calls followed by margin calls...
  • #12,629
  • Mar 11, 2012 10:14am Mar 11, 2012 10:14am
Quoting BlackWid0w
Hi bump,

Good Luck in trading forex.

Regards
BW
Quoting bumapatria
"Good Luck in trading forex."
bye everyone TC, no more unnecessary noise to the den from my trash. not that i was much of use anyways ever since i came.

Regards:
"BUMP"
Quoting PhAnTi'
sure it does....you just need enough of it


Ok guys...

No more SUN MOON STARS, Astrological analysis here...

I sincerely dont believe in any astrological sun moon stars trading. I have been trading for a living, and i use pure price action with only a few basic indicators, and I can promise thats all u need.

I have written many times about important aspects of trading and I boldly claim that Money management and risk management are THE MOST IMPORTANT thing having in mind that u KNOW HOW TO trade and understand price action and market cycles and that you have previously had at least 3y of experience averaging at least 6h per day of non stop screening time.

One cannot become a successful trader if he isnt strong willed and persistent keeping the right MM and risk NO MATTER HOW much knowledge of the markets he has had.

I will personally again write about everything u need to become a PRO trader.

I must agree with Black Widow as we have been trading a hedge fund together and he is really a well educated guy who KNOWS how to trade and you should listen and pay attention to everything he says.


So, no MOON STARS PLANETS here anymore. Reality bites...and you need to stand with both legs on the ground....
  • #12,630
  • Mar 11, 2012 10:37am Mar 11, 2012 10:37am
Where is US in Friday move?
US Session open@3108 closed@3121
Something don't understand but i put it in back yard of my mind LOL
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  • #12,631
  • Mar 11, 2012 10:39am Mar 11, 2012 10:39am
Quoting egkid
Where US in Friday move?
US Session [email protected] closed@13121!!!
Something don't understand but i put it in back yard of my mind LOL
Yes bro very strange... Need to see Asian range on Monday.
  • #12,632
  • Mar 11, 2012 10:48am Mar 11, 2012 10:48am
Quoting T@rantula
Yes bro very strange... Need to see Asian range on Monday.
Yep , I edit the post and add chart
Will wait to see my weekly candle close
  • #12,633
  • Mar 11, 2012 2:40pm Mar 11, 2012 2:40pm
Quoting egkid
Where is US in Friday move?
US Session open@3108 closed@3121
Something don't understand but i put it in back yard of my mind LOL
G/U
It's open@5667 Closed@5670
Something going on

when my Sunday candle close will make my move.Already got a plan but
Patience no rush
  • #12,634
  • Mar 11, 2012 9:24pm Mar 11, 2012 9:24pm
USD Index.. 4 hr..Macd.. CCI ..RSI.. all probable divergs..also pink band 8008 to 8035.. contains weekly 50% and a 1618 and a 200..fibo ext...MMMM.. mite watch for EURO.. Long
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  • #12,635
  • Mar 11, 2012 9:31pm Mar 11, 2012 9:31pm
Have taken EU long at 13090,, and will look to add to if Index goes 8020..,, ish..
  • #12,636
  • Mar 12, 2012 3:03am Mar 12, 2012 3:03am
Good morning all!

Today it seems we have a continuation to the downside. Weekly chart gives us bearish signals. Sell the rallies is an option which should be exploited.

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  • #12,637
  • Mar 12, 2012 3:07am Mar 12, 2012 3:07am
Quoting danc
Have taken EU long at 13090,, and will look to add to if Index goes 8020..,, ish..
Excellent long Danc. Lower TFs are always prone to both sides. Only in the VERY STRONG intraday trend taking countertrend trades should be avoided.
  • #12,638
  • Mar 12, 2012 3:14am Mar 12, 2012 3:14am
For mid term-intraweek traders who hold the trades Id go with

E:3130-50
S:3335
Tp:2870

Bear in mind 3130 is a strong resistance zone
  • #12,639
  • Mar 12, 2012 3:23am Mar 12, 2012 3:23am
NFP Monday levels

EURUSD

BULLISH: 3113 3121 3134 3147 3160 3168
MEDIAN: 3096
BEARISH: 3078 3070 3058 3044 3031 3023

AUDUSD

BULLISH: 1.0541 1.0547 1.0557 1.0565 1.0574 1.0580
MEDIAN: 1.0529
BEARISH: 1.0517 1.0511 1.0502 1.0493 1.0484 1.0478
  • #12,640
  • Mar 12, 2012 3:24am Mar 12, 2012 3:24am
E: 3106
s: 3132
tp:3020

I have marked the swings.
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