Attila,
I can see you are using boxes, is Bob Volman having an impact?
Trading is all about the ranges and what's going on inside them, regardless of TF. Where the ranges form is also critical.
- #685,681
- Aug 29, 2012 8:29am Aug 29, 2012 8:29am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #685,682
- Aug 29, 2012 8:29am Aug 29, 2012 8:29am
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
trap after trap ooh my god ...
its going to bear because MaxDoom is selling it
Be hopeful in a winning position, and fearful in a losing position.
- #685,684
- Aug 29, 2012 8:37am Aug 29, 2012 8:37am
- | Membership Revoked | Joined Jun 2012 | 1,547 Posts
Used them before as well (I'm a range freak), but he refined the approach. Much better now. Thanks.
Trading is all about the ranges and what's going on inside them, regardless of TF. Where the ranges form is also critical.
One thing if I may say, best break out (out of the range, boxes) are the one with pre-tension, where prices bounces a least a couple times between the average and the line barrier, if she print a couple of dojis before the break the better.
The one without pre-tension tend to be a tease of fail BO (but not always).
"Men who can both be right and sit tight are uncommon."
- #685,685
- Aug 29, 2012 8:39am Aug 29, 2012 8:39am
lets hope that was the last one.
its going to bear because MaxDoom is selling it
- #685,686
- Aug 29, 2012 8:39am Aug 29, 2012 8:39am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
this beast aint going down
- #685,690
- Aug 29, 2012 8:44am Aug 29, 2012 8:44am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
And here's the reason why it's stuck. There's another line on H1 before that.. It's the 46 I mentioned last night. I'll try to remove it from the chart. Maybe it'll fall..
- #685,693
- Aug 29, 2012 8:51am Aug 29, 2012 8:51am
- | Joined Jun 2012 | Status: Cogito ergo $um | 1,519 Posts
- #685,695
- Aug 29, 2012 8:53am Aug 29, 2012 8:53am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
And here's daily. That line above is 2642, my final target while above 2461... Trick is that even if h1 and h4 go down to their targets mentioned before that would put us at the open of yesterday keeping the upside 2642 open. Now, can daily take over and go straight up and finish it's cycle? Yep.. But in general it just waits for lower TFs to do their thing..
That's kind of how I'm looking at the market
That's kind of how I'm looking at the market
- #685,700
- Aug 29, 2012 8:57am Aug 29, 2012 8:57am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
That's how a break looks like on the fast chart.. Good for entry with a higher TF target in mind..
Lower highs slammed into the bottom of the range, then it's off to the target..
All right, I gave you enough goodies for today..
Lower highs slammed into the bottom of the range, then it's off to the target..
All right, I gave you enough goodies for today..