A little late but I think I just spotted my first QM... AU 15M.
Let me know if I'm clogging up the thread with useless charts and I'll stop...
Attachment
Price is Everything Chat Room
- #3,821
- Jul 12, 2012 12:34pm Jul 12, 2012 12:34pm
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
- #3,822
- Jul 12, 2012 1:24pm Jul 12, 2012 1:24pm
If,
You have lost me here.
I saw that 1min supply which was reacted well to as already stated. Im just finding it hard to differentiate between it and the 1 min supply about an hour beforehand to the left that this area blasted through. What makes it a better demand or indication of a retracement.
:quasimodo enviroment
+ the fact that after "the blast" you see price comes up, if comes up after such big movement y can assume that there is some demand at that place. See in this way: after that y have more information to think about it.
Sometime the horizon disappear. Twitter: @_whiteout
- #3,823
- Jul 12, 2012 1:28pm Jul 12, 2012 1:28pm
You're getting there
I was looking to the past though for what would happen in the future
I'm looking for a volunteer to go thru the PA on this
If no takers, I'll try to find time to do a video on it
Sometime the horizon disappear. Twitter: @_whiteout
- #3,824
- Jul 12, 2012 1:42pm Jul 12, 2012 1:42pm
You're getting there
I was looking to the past though for what would happen in the future
I'm looking for a volunteer to go thru the PA on this
If no takers, I'll try to find time to do a video on it
Hi guys,
Ok my take, sorry for the chart it's very compact, had to use another feed as my broker has poor feed for the M1...
Mel
- #3,825
- Jul 12, 2012 1:56pm Jul 12, 2012 1:56pm
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
Hi guys,
Ok my take, sorry for the chart it's very compact, had to use another feed as my broker has poor feed for the M1...
Mel
Whiteout, by the past, I meant the recent past. Just take a look at what was going on at the top of the range, and then the bottom.
Mel, you let us know why it was an easy entry. Nicely done
- #3,826
- Jul 12, 2012 2:18pm Jul 12, 2012 2:18pm
Piece by piece it's starting to come together
Whiteout, by the past, I meant the recent past. Just take a look at what was going on at the top of the range, and then the bottom.
Mel, you let us know why it was an easy entry. Nicely done
By the top of the range, you mean, the fact that the top of the range has been tested so many times, so it was due to a break? A range will soon or later break out. You knew it would be to the upside, because of the strong weekly demand. Also there is more compression involved to the downside thn there is is to the upside...
- #3,827
- Jul 12, 2012 2:36pm Jul 12, 2012 2:36pm
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
Hello If,
By the top of the range, you mean, the fact that the top of the range has been tested so many times, so it was due to a break? A range will soon or later break out. You knew it would be to the upside, because of the strong weekly demand. Also there is more compression involved to the downside thn there is is to the upside...
Your cp into d just made it impossible to say no
- #3,828
- Jul 12, 2012 2:45pm Jul 12, 2012 2:45pm
Piece by piece it's starting to come together
Whiteout, by the past, I meant the recent past. Just take a look at what was going on at the top of the range, and then the bottom.
Mel, you let us know why it was an easy entry. Nicely done
Sometime the horizon disappear. Twitter: @_whiteout
- #3,831
- Jul 12, 2012 4:55pm Jul 12, 2012 4:55pm
- | Joined Apr 2008 | Status: J16 Turtle | 1,572 Posts
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
- #3,832
- Jul 12, 2012 5:13pm Jul 12, 2012 5:13pm
It'll be interesting to see whether it bounces from the decision point or the affirmation point here
If it reaches the upper, it'll still need alot of bear pressure to get down through the base it's forming now
Sometime the horizon disappear. Twitter: @_whiteout
- #3,833
- Jul 12, 2012 5:20pm Jul 12, 2012 5:20pm
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
to the pip; impressive as usal.
If we can just get lots more people to see how truly easy it is, we can really rip the market up
- #3,834
- Jul 12, 2012 5:28pm Jul 12, 2012 5:28pm
pretty simple stuff, eh?
If we can just get lots more people to see how truly easy it is, we can really rip the market up
, this stuff is simply too good; today this was surely one of the most popular treadh in FF.
Sometime the horizon disappear. Twitter: @_whiteout
- #3,836
- Jul 12, 2012 8:38pm Jul 12, 2012 8:38pm
pretty simple stuff, eh?
If we can just get lots more people to see how truly easy it is, we can really rip the market up
Or do they relate at all?
Maybe it just been a long day at the job I'm trying to replace, LOL.
Maybe some clues to the simplicity?
Poncho
" I can read the left side of the chart, the right side's a Bitch!
- #3,838
- Jul 12, 2012 10:32pm Jul 12, 2012 10:32pm
This room was started as a simple chatroom, but became the classroom for SD trading.
To all new traders:
If
Here are some Homework assignments to do:
1. Quasimodos (http://www.forexfactory.com/showthread.php?p=5529787#post5529787)
2. Compression (http://www.forexfactory.com/showthread.php?p=5548295#post5548295)
3. RBD and DBR (http://www.forexfactory.com/showthread.php?p=5617843#post5617843). The most basic yet most important lesson in how the market works
4. [url="http://www.forexfactory.com/showthread.php?p=5660781#post5660781"]Read...
