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  • #698,821
  • Sep 27, 2012 6:20am Sep 27, 2012 6:20am
Quoting tirmizi
2860 is res now man

i have been keeping my shorts from 3172 and 3150, today scalp short from 2882 with frist tp met at 2861 other at break even, my guess is we should come below 2800 today at least, prices can hold around these zone for 1 or two hours or so i guess then a big drop coming man very scary drop


now this is my view screwyou, you should trade according to to your psychological and emotional tolerance with max leverage man
hahaha now i'm long ... with this max. leverage 1:50 and max volume 0.01
  • #698,822
  • Sep 27, 2012 6:22am Sep 27, 2012 6:22am
price now rebalacning to the downside. 69 and 61 are the ranges (and 45)
Be hopeful in a winning position, and fearful in a losing position.
  • #698,823
  • Sep 27, 2012 6:25am Sep 27, 2012 6:25am
Quoting Rag2RichesFX
price now rebalacning to the downside. 69 and 61 are the ranges (and 45)
No no.

Unless at least 15m closes below 65 then it is but we dont know yet. Otherwise its a dip and sell stops trigger.

But i prefer 1hr.
They think they are smarter than I am.
  • #698,824
  • Sep 27, 2012 6:25am Sep 27, 2012 6:25am
Quoting Rag2RichesFX
price now rebalacning to the downside. 69 and 61 are the ranges (and 45)
  • #698,825
  • Sep 27, 2012 6:26am Sep 27, 2012 6:26am
Quoting Omar-Forex
exactly what i was asking for if this is demand and support indicator

but can you kindly share it ?

Thank you
Its not an indicator, its just me drawing a box freehand. Its pretty easy to draw.

Just look at the areas on your chart where candlesticks gather in a tight range, or make a new high or low and retrace. If price breaks higher, then this becomes a demand zone. If price breaks lower then this becomes a supply zone.

Then you have to work out how to trade using them.
  • #698,826
  • Sep 27, 2012 6:26am Sep 27, 2012 6:26am
Quoting screwup
hahaha now i'm long ... with this max. leverage 1:50 and max volume 0.01

and close it
  • #698,827
  • Sep 27, 2012 6:27am Sep 27, 2012 6:27am
After my stop loss was hit. I went short at the pink pivot on my chart, and ended up closing position in profit. I am doen for the day. I hate this slow movement.
Attached Image (click to enlarge)
Click to Enlarge Name: rebound.jpg Size: 110 KB
He who guess is LOST!
  • #698,828
  • Sep 27, 2012 6:30am Sep 27, 2012 6:30am
2844 has no named level
the reason of up reject is the fractal will print there is projecting a new & lower then the one before.

be prepare for shorts.
walker.

PS : for exect desecion should see the 4H bar close
  • #698,829
  • Sep 27, 2012 6:31am Sep 27, 2012 6:31am
Quoting Z3iz3i
No no.

Unless at least 15m closes below 65 then it is but we dont know yet. Otherwise its a dip and sell stops trigger.

But i prefer 1hr.
Yes yes..

it wasn't just going to keep on going

huge divergence problem

by rebalancing i didnt mean any move was over, just pulling back

kicking myself because i scalped 77 but didnt hold it long enough for a decent profit, didn't expect this much pull back though
Be hopeful in a winning position, and fearful in a losing position.
  • #698,830
  • Sep 27, 2012 6:31am Sep 27, 2012 6:31am
Quoting StopGuessing
After my stop loss was hit. I went short at the pink pivot on my chart, and ended up closing position in profit. I am doen for the day. I hate this slow movement.
I wish I did... I only have -108 on my balance
  • #698,831
  • Sep 27, 2012 6:32am Sep 27, 2012 6:32am
Quoting screwup
hahaha now i'm long ... with this max. leverage 1:50 and max volume 0.01

now scalp short at 2868 stop is 2903 target lows of the day
Learning Requires Failure
  • #698,832
  • Sep 27, 2012 6:32am Sep 27, 2012 6:32am
watch 2852 TL diagonal at 4H chart

closing below that projecting to break to 2836

walker.

Quoting stevewalker
2844 has no named level
the reason of up reject is the fractal will print there is projecting a new & lower then the one before.

be prepare for shorts.
walker.

PS : for exect desecion should see the 4H bar close
  • #698,833
  • Sep 27, 2012 6:34am Sep 27, 2012 6:34am
Quoting screwup
hahaha now i'm long ... with this max. leverage 1:50 and max volume 0.01

lock profit
Learning Requires Failure
  • #698,834
  • Sep 27, 2012 6:35am Sep 27, 2012 6:35am
new short term intraday scalping res is now 2870/71
Learning Requires Failure
  • #698,835
  • Sep 27, 2012 6:37am Sep 27, 2012 6:37am
rejection on 15 min at 50% retrace we should be heading lower again if this res holds
Learning Requires Failure
  • #698,836
  • Sep 27, 2012 6:39am Sep 27, 2012 6:39am
Those 15m and 1hr buy/sell candles closes prices are so near each other at this level that market can zig-zag so its impossible to trade right now.

I am looking that 1hr close price above (61,63), then looks for buy.
If next hour first buy is rejected at 69 or 72/73 15m basis, price is in very tricky range.

4hr BST close is current hour btw.

The same asshole who buys 1hr may just sell his 15m to fak up things.

And meantime most of retail dudes are WTF.

Today is tricky market when it comes to timing.
They think they are smarter than I am.
  • #698,837
  • Sep 27, 2012 6:40am Sep 27, 2012 6:40am
Quoting Rag2RichesFX
Yes yes..

it wasn't just going to keep on going

huge divergence problem

by rebalancing i didnt mean any move was over, just pulling back

kicking myself because i scalped 77 but didnt hold it long enough for a decent profit, didn't expect this much pull back though


They think they are smarter than I am.
  • #698,838
  • Sep 27, 2012 6:44am Sep 27, 2012 6:44am
Quoting keradk
I wish I did... I only have -108 on my balance
Sorry to hear that. I am sure you will make it back... Did you lose it on my recommendation?
He who guess is LOST!
  • #698,839
  • Sep 27, 2012 6:45am Sep 27, 2012 6:45am
Now we can see, that since the beginning of the week the price has been moving down.
Therefore, we can see, that the tendency which started last week, has been
continuing. Now the price is in the area of consolidation. If the currency pair
is able to overcome the support level 1.2817, then the price is likely to continue moving in bearish direction to the level 1.2695.
  • #698,840
  • Sep 27, 2012 6:45am Sep 27, 2012 6:45am
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