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  • #633,441
  • Apr 25, 2012 10:38pm Apr 25, 2012 10:38pm
Quoting ForExtraPips
That's why I don't go lower than H1 when entering a trade. I trade off the daily, and enter off the hourly.
Well, it depends... Actually the lower TFs is where you can see the trend turning.. That's where it happens.. If you want an exact entry you have to enter on the lower TFs IF the higher TF is at a point where it might have found a top/bottom. There's no way around it.. You enter and you take small bites while the higher TF is turning... then you let it run...

All right, GN all..
  • #633,442
  • Apr 25, 2012 10:44pm Apr 25, 2012 10:44pm
Quoting attila
Well, it depends... Actually the lower TFs is where you can see the trend turning.. That's where it happens.. If you want an exact entry you have to enter on the lower TFs IF the higher TF is at a point where it might have found a top/bottom. There's no way around it.. You enter and you take small bites while the higher TF is turning... then you let it run...
Thanks. Never thought of it that way. I've always been under the impression that lower time frames has a lot of noise, fake outs, etc... Also, I'm a part-time trader. When I wake up, I see what London did, then go from there. I'll put in a set and forget, then head to work. When I get home, the Asian session is the only scream time, I mean, screen time that I get. I'll scalp here and there, if I see a setup.
Time turns trend. - W.D. Gann
  • #633,443
  • Apr 25, 2012 10:45pm Apr 25, 2012 10:45pm
EU can't get through resistance, not during Asia at least
New voice message: Why are you calling me? If I need you, I'll call you!
  • #633,444
  • Apr 25, 2012 10:47pm Apr 25, 2012 10:47pm
yep thats how i do it and just picked it up that way.. great advice.

Quoting attila
Well, it depends... Actually the lower TFs is where you can see the trend turning.. That's where it happens.. If you want an exact entry you have to enter on the lower TFs IF the higher TF is at a point where it might have found a top/bottom. There's no way around it.. You enter and you take small bites while the higher TF is turning... then you let it run...

All right, GN all..
  • #633,445
  • Apr 25, 2012 10:48pm Apr 25, 2012 10:48pm
Geppy rejected utl of 1hr chanel looks like anohter dumping 50 sma holding her at moment lookig weak
If you are new to Forex? Say Goodbye to your account!!
  • #633,446
  • Apr 25, 2012 10:49pm Apr 25, 2012 10:49pm
Quoting ForExtraPips
Thanks. Never thought of it that way. I've always been under the impression that lower time frames has a lot of noise, fake outs, etc... Also, I'm a part-time trader. When I wake up, I see what London did, then go from there. I'll put in a set and forget, then head to work. When I get home, the Asian session is the only scream time, I mean, screen time that I get. I'll scalp here and there, if I see a setup.
It's true, there is noise but not when the h1 is turning from a s/r. The failed closes and/or the HH/HL are visible on m5... Now of course they can be building a retrace on m15 WITHIN a bounce on h1/h4.. but that retrace can grow into a full reverse on h1 as well.. You don't know that until H1 starts making those HH/HLs itself but by the time you and I see that it's already too late and your r:r is not worth it anymore, or your SL has to be wider...
  • #633,447
  • Apr 25, 2012 10:49pm Apr 25, 2012 10:49pm
Quoting KillerWhale
EU can't get through resistance, not during Asia at least
I wonder what London is going to do tonight. Sit and sip tea. Or get busy.
Time turns trend. - W.D. Gann
  • #633,448
  • Apr 25, 2012 10:53pm Apr 25, 2012 10:53pm
Quoting KillerWhale
EU can't get through resistance, not during Asia at least
yea asia playing very tight range, working very hard for making few pips
Mohan
  • #633,449
  • Apr 25, 2012 10:54pm Apr 25, 2012 10:54pm
Here is an example from a Cloggie post a couple days ago

"There is a new one now, 3148 (instead of 3151). 3166 has changed slightly to 3158 so there you have the latest goss. 3260 still stands. "

See what I mean about specific numbers? It's not like he has a general area in mind. He has narrowed it down to the pip, and it changes with time. Anyways, I find it intriguing.
  • #633,450
  • Apr 25, 2012 10:55pm Apr 25, 2012 10:55pm
Quoting attila
It's true, there is noise but not when the h1 is turning from a s/r. The failed closes and/or the HH/HL are visible on m5... Now of course they can be building a retrace on m15 WITHIN a bounce on h1/h4.. but that retrace can grow into a full reverse on h1 as well.. You don't know that until H1 starts making those HH/HLs itself but by the time you and I see that it's already too late and your r:r is not worth it anymore, or your SL has to be wider...
Thanks for the insight. Happy pippin'
Time turns trend. - W.D. Gann
  • #633,451
  • Apr 25, 2012 10:59pm Apr 25, 2012 10:59pm
Quoting scottymoll
Here is an example from a Cloggie post a couple days ago

"There is a new one now, 3148 (instead of 3151). 3166 has changed slightly to 3158 so there you have the latest goss. 3260 still stands. "

See what I mean about specific numbers? It's not like he has a general area in mind. He has narrowed it down to the pip, and it changes with time. Anyways, I find it intriguing.
Like I said, I don't know about his method and I think it's better to focus on our own. He is an example indeed.. Focusing on our own method is time better spent. What I can tell you is what I do.. I do run into situations like that where the levels are already on the chart BUT I also use something else that tells me which one is more important than the other... confluence of two things if you like... If the "checker" moves (and that's usually something dynamic on the chart) and starts pointing to another level, then that's the one getting more weight. Cloggie does nothing special.. He is very experienced but understand there is NO magic..

Now I really have to go get some sleep..
  • #633,452
  • Apr 25, 2012 10:59pm Apr 25, 2012 10:59pm
Quoting KiwiTrada
Geppy rejected utl of 1hr chanel looks like anohter dumping 50 sma holding her at moment lookig weak
Good
New voice message: Why are you calling me? If I need you, I'll call you!
  • #633,453
  • Apr 25, 2012 11:00pm Apr 25, 2012 11:00pm
Quoting mohan76
yea asia playing very tight range, working very hard for making few pips
Yeah but Mohan, they are not very many but very safe pips
New voice message: Why are you calling me? If I need you, I'll call you!
  • #633,454
  • Apr 25, 2012 11:03pm Apr 25, 2012 11:03pm
Quoting KillerWhale
Yeah but Mohan, they are not very many but very safe pips
yep , i have manage to full fill yesturday target , now i have to work for today target . yesterday i was scared of Ben
Mohan
  • #633,455
  • Apr 25, 2012 11:03pm Apr 25, 2012 11:03pm
Quoting KillerWhale
Yeah but Mohan, they are not very many but very safe pips
Lol, I have 4 pips in the last 50 minutes
New voice message: Why are you calling me? If I need you, I'll call you!
  • #633,456
  • Apr 25, 2012 11:03pm Apr 25, 2012 11:03pm
Only 2 possible senarios, Keep it Simple!
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #633,457
  • Apr 25, 2012 11:04pm Apr 25, 2012 11:04pm
Quoting mohan76
yep , i have manage to full fill yesturday target , now i have to work for today target . yesterday i was scared of Ben
You know when Ben talks just go long before that. You know he wants weak dollar because that is what Obama told him to want.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #633,458
  • Apr 25, 2012 11:06pm Apr 25, 2012 11:06pm
I hate Ben2

But everything is Link and Connected however

am long Target "1.3315"
If there was easy money lying around,no one would be forcing it into your
  • #633,459
  • Apr 25, 2012 11:06pm Apr 25, 2012 11:06pm
Quoting Bull_Bear
Only 2 possible senarios, Keep it Simple!
Good plan!
  • #633,460
  • Apr 25, 2012 11:10pm Apr 25, 2012 11:10pm
Quoting FXMindset
I hate Ben2

But everything is Link and Connected however

am long Target "1.3315"
Wow, scary, we're still hicking at resistance.
New voice message: Why are you calling me? If I need you, I'll call you!
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