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  • #676,241
  • Aug 6, 2012 1:47pm Aug 6, 2012 1:47pm
Quoting almo
That is an excellent point Tom -

Assuming you start at the beginning of a 4H - assuming Close > Open on a 4 H, you *should* be seeing 1m trending higher. Its when you see 1 m start to go sideways is when everyone starts wondering "did trend stop".


Here's the kicker. What happened on the previous 4H candle? Are you higher than the entire bar, or still within it ?

That answer, will determine if your still ranging or if you have a real trend that is valid for a 4h chart

Once you go out to a daily chart, then you have to re-ask...
I picked that up from HDA who is sadly no longer part of this place
Draw your sup & res at places where significant swings happened in the past:
Weekly
Daily
H4
H1
And have lets say four charts open
1. With perma H4/H1
2. M15
3. M5
4. M1
and trade only those lines with execution from M5/M1 simple yet deadly concept, and you can hit those line up to one pip.
And when all of them dance together it is just beautiful view.
No need to be confuse about channels, ranging and stuff - trust me, run demo and test it for three months - easy peasy
Trading is not that hard it is our mind that cause all failures, emotions are deadly to any trader and hardest to master.
swing it!
  • #676,242
  • Aug 6, 2012 1:59pm Aug 6, 2012 1:59pm
Quoting fxkiller
Not straight moves at all.. forced moves.. and it should not hit more than 40.. if it goes higher than this, i will be suprised and will stay out..

looking for short scalp level from there..
same would have been very surprised to see it today.

my 35 tight stop entry was missed while napping but still have my 2417
Be hopeful in a winning position, and fearful in a losing position.
  • #676,243
  • Aug 6, 2012 2:00pm Aug 6, 2012 2:00pm
Quoting Rag2RichesFX
same would have been very surprised to see it today.

my 35 tight stop entry was missed while napping but still have my 2417
So why were you napping?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #676,244
  • Aug 6, 2012 2:01pm Aug 6, 2012 2:01pm
could see 2409 again..
  • #676,245
  • Aug 6, 2012 2:16pm Aug 6, 2012 2:16pm
Quoting attila
could see 2409 again..
And 2440 or more
New voice message: Why are you calling me? If I need you, I'll call you!
  • #676,246
  • Aug 6, 2012 2:18pm Aug 6, 2012 2:18pm
Quoting KillerWhale
And 2440 or more
has to take that first. It's only a back test of it for now...2409 keeps 2377 open below it..
  • #676,247
  • Aug 6, 2012 2:20pm Aug 6, 2012 2:20pm
Quoting KillerWhale
So why were you napping?
Because I had already traded for 10 hours and did not have any longs I was watching.

And I was damn tired

Edit: took you off ignore as I do like what you post... just be gentle.
Be hopeful in a winning position, and fearful in a losing position.
  • #676,248
  • Aug 6, 2012 2:22pm Aug 6, 2012 2:22pm
Quoting Rag2RichesFX
Because I had already traded for 10 hours and did not have any longs I was watching.

And I was damn tired
I always screw up when I'm tired. No exception. I can only trade 2-4 hours full focus. Then all goes downhill from there.. lol.
  • #676,249
  • Aug 6, 2012 2:24pm Aug 6, 2012 2:24pm
sitting around 02 from earlier..
  • #676,250
  • Aug 6, 2012 2:28pm Aug 6, 2012 2:28pm
Euro darling , slow down a little bit - nothing should be taken in hurry, if you kept climbing like that, you head might hit the wall at 24170 ... take it easy , slow down please
"It's the Margin, Stupid."
  • #676,251
  • Aug 6, 2012 2:28pm Aug 6, 2012 2:28pm
it's 2409.7 actually...
  • #676,252
  • Aug 6, 2012 2:29pm Aug 6, 2012 2:29pm
Quoting Vachus
Euro darling , slow down a little bit - nothing should be taken in hurry, if you kept climbing like that, you head might hit the wall at 24170 ... take it easy , slow down please
some ecb comments made it jump...
  • #676,253
  • Aug 6, 2012 2:33pm Aug 6, 2012 2:33pm
Quoting attila
some ecb comments made it jump...
No, its the beginning of wave 5 .. and perhaps the damn idiots will accerlarte the jump that might make it hit the wall at 170 which is create again a fucking retracement and we may landed to the Asians to take the fucking profit while i'm sleep
"It's the Margin, Stupid."
  • #676,254
  • Aug 6, 2012 2:34pm Aug 6, 2012 2:34pm
Quoting Vachus
Euro darling , slow down a little bit - nothing should be taken in hurry, if you kept climbing like that, you head might hit the wall at 24170 ... take it easy , slow down please
I was just thinking... too much hopium.

There is no wall at 2417 imo (structure wise, but there is the 13.0 fib of 1.490s to 1.2040) but @ 2430/40 yes.

A test of 1.23 would be nice. At least 1.2340
Be hopeful in a winning position, and fearful in a losing position.
  • #676,255
  • Aug 6, 2012 2:34pm Aug 6, 2012 2:34pm
Quoting Vachus
No, its the beginning of wave 5 .. and perhaps the damn idiots will accerlarte the jump that might make it hit the wall at 170 which is create again a fucking retracement and we may landed to the Asians to take the fucking profit while i'm sleep
I hope so. I want mah 2450.. lol.
  • #676,256
  • Aug 6, 2012 2:35pm Aug 6, 2012 2:35pm
Quoting attila
I always screw up when I'm tired. No exception. I can only trade 2-4 hours full focus. Then all goes downhill from there.. lol.
Haha

Eat more snacks while trading

Sleep and wake up just before you start trading (if you can)

But I am with you on being tired. It's no way to trade. If losing for the day, there is a good chance you will lose more. If winning, there is a good chance you give back your profits and kick yourself for just wasting all that time.

I do not like this hopium into NY close one bit, but am still confident in 2440
Be hopeful in a winning position, and fearful in a losing position.
  • #676,257
  • Aug 6, 2012 2:35pm Aug 6, 2012 2:35pm
Quoting Rag2RichesFX
I was just thinking... too much hopium.

There is no wall at 2317 imo (structure wise, but there is the 13.0 fib of 1.490s to 1.2040) but @ 2330/40 yes.

A test of 1.23 would be nice. At least 1.2340
I still think there will be no significant down move without 2450 and maybe 2461... Maybe from there...
  • #676,258
  • Aug 6, 2012 2:36pm Aug 6, 2012 2:36pm
2412 has just become important below it..
  • #676,259
  • Aug 6, 2012 2:39pm Aug 6, 2012 2:39pm
Quoting attila
2412 has just become important below it..
ok.. can't do it right now. 09 again.. has to stay above it if it wants to go higher...
  • #676,260
  • Aug 6, 2012 2:51pm Aug 6, 2012 2:51pm
Euro , now listen to me because its really important. Go back to 4052 or a one or two pips below. You can go back to 4020 but you don't want that. Now, their the shorters will think that you are going down and jump. You take a bit up and bit down to make them sit comfortable and go back and cracked the shit of this 24170 wall. Probably , because you have a strong head by then you can jump too 200 . Short will be fooled again and load short , take a dive down not far away from the wall 24170 and then only then we can go to at least 24400 or more ...

This the plan

Go solider
"It's the Margin, Stupid."
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