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  • #12,941
  • Mar 16, 2012 4:25am Mar 16, 2012 4:25am
Quoting T@rantula
Its retracing now, open m15..its responding to that big bearish candle. See if it breaks it.
Bearish it seems....

BUT......

M30 has a hammer right at Support... we could be in for 1.3124 - 1.3130- 1.3140- 1.3160 and may be more..

The only untested level to the downside is @ 1.3025...It has just tested an inside support on M 30 @ 1.3072.. once above cant short this.

G/U trying to reach 1.5760 as well
Markets are not Random, they are designed!
  • #12,942
  • Mar 16, 2012 4:28am Mar 16, 2012 4:28am
Thanks everyone for your kind words.
Markets are not Random, they are designed!
  • #12,943
  • Mar 16, 2012 4:30am Mar 16, 2012 4:30am
EU 1min.. enter point and SL as per quads
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  • #12,944
  • Mar 16, 2012 4:32am Mar 16, 2012 4:32am
Quoting Raza
Bearish it seems....

BUT......

M30 has a hammer right at Support... we could be in for 1.3124 - 1.3140 and may be more..

The only untested level to the downside is @ 1.3025...It has just tested an inside support on M 30 @ 1.3072.. once above cant short this.

G/U trying to reach 1.5760 as well
Yes if it breaks 3119 3145 is next. If there is no strong momentum push I will scalp off the resistance
  • #12,945
  • Mar 16, 2012 4:35am Mar 16, 2012 4:35am
Quoting danc
EU 1min.. enter point and SL as per quads
  • #12,946
  • Mar 16, 2012 4:41am Mar 16, 2012 4:41am
S/O from the rest of position.

Will wait for another setup.
Hour close and a dip for a buy if it closes at this level or higher.
  • #12,947
  • Mar 16, 2012 4:44am Mar 16, 2012 4:44am
Just closed my possie.. plus 4,,EU i min.. Index looks to be changing direction
  • #12,948
  • Mar 16, 2012 4:46am Mar 16, 2012 4:46am
Quoting BlackWid0w
The orignal Aim for me and Nesha AKA Tarantula.

We wanted to find a group of 5 serious traders after a year of trading from this thread and get a fund up and running which is traded by just the 5 of us and take the fund to its heights.

These traders would have the same mindset but different stratergies.
For me its about the understanding of Price Action.

We are aiming for a year because we need to understand and work with these trader for the next 5 years as a minimum.

Hopefully by Junes this year we will approach the traders whom we would...
Sounds VERY exciting....
  • #12,949
  • Mar 16, 2012 4:46am Mar 16, 2012 4:46am
Quoting danc
Just closed my possie.. plus 4,,EU i min.. Index looks to be changing direction
5-10 pips scalping on 1m is ok

And still it seems like sell the rallies on longer TFs. Yesterday levels are hard to break atm.
3080-90
  • #12,950
  • Mar 16, 2012 4:57am Mar 16, 2012 4:57am
Long Cable..at 5722..note weekly PPX line and note at base.. 5600 ish many longer term pivot resistance and EXt range points..also note 4 ..4 hr bars at top end of this BIG mther candle..excites me a bit..Like a cannon primed.. better shutb up or mite put moccker on it..
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  • #12,951
  • Mar 16, 2012 5:02am Mar 16, 2012 5:02am
First i thought pivot will take care of the up move but it gave away and then wright to the pip my SL gets hit and suddenly rallies down.

Will give a sell at 3060 with a 20 pip SL, 3040 first target for partial close.
  • #12,952
  • Mar 16, 2012 5:26am Mar 16, 2012 5:26am
Most of traders says
For example
Fib is bad tool , MA is Garbage And so on
And i say each tool has it's own secrets but u have to discover if u can't that doesn't mean it's bad tool
Anyone want to see live test for MA?
  • #12,953
  • Mar 16, 2012 5:35am Mar 16, 2012 5:35am
Quoting egkid
Most of traders says
For example
Fib is bad tool , MA is Garbage And so on
And i say each tool has it's own secrets but u have to discover if u can't that doesn't mean it's bad tool
Anyone want to see live test for MA?
Hehe, i would disagree with such claims. We both know MAs are excellent tools when used properly
  • #12,954
  • Mar 16, 2012 5:37am Mar 16, 2012 5:37am
Quoting T@rantula
Excellent entry. I missed 90 was waiting for a rebound. Sell rallies has been a good option. Exactly 3056 is a place where I would scale out. If we break 3050, be prepared for lower levels.
So 3050 definitely. Look how price rebounded off 50.
  • #12,955
  • Mar 16, 2012 5:43am Mar 16, 2012 5:43am
MA are great but disregarding them if u use them can cost some...

I think i have a good chance here for the break of that physical level 50.

Above TL and a recent top.

So i think ill leave it alone for 15min if we get a push down if not then not..
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  • #12,956
  • Mar 16, 2012 5:50am Mar 16, 2012 5:50am
Took of 4/5 for 10pips wont let it go like in the morning... Where i closed only 2/5 for 15pips.
  • #12,957
  • Mar 16, 2012 5:52am Mar 16, 2012 5:52am
EUR Index.. 4 hr.. Looks like the MMMM may be working..
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  • #12,958
  • Mar 16, 2012 5:57am Mar 16, 2012 5:57am
SL to BE and S/O now.

Will be back later if i wont cycle to much

Be safe by.
  • #12,959
  • Mar 16, 2012 5:58am Mar 16, 2012 5:58am
EUUD.. 4 hr and so goes the EUUD...?? Maby??
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  • #12,960
  • Mar 16, 2012 5:59am Mar 16, 2012 5:59am
Quoting danc
EUR Index.. 4 hr.. Looks like the MMMM may be working..
Yes look at your chart. M has been valid, as it has already made a swing low. We may have another swing low in progress.
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