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  • #1,221
  • Oct 14, 2012 8:19am Oct 14, 2012 8:19am
Actually it is not always the case. It can break upper trend line with many traders taking long side, then it can drop back under the trend line and fall and break lower trend line and continue down.
It happens a lot. I do not say long side should not be taken, i would, but that there should be various plans. a,b,c and so forth and the most important less thinking and more executing the plan. stops should be respected and winners let run.

Quoting morob
Little upgrade of previous chart this include also probabiltity of downside

breakout.

Break of one of blue lines should give direction.

X=Y

I am not take trade on that is only for direction outlook purposes
  • #1,222
  • Oct 14, 2012 8:28am Oct 14, 2012 8:28am
son has an exam on Monday.
we are studying.

do you know in general %50 of homeworks done by parents

PS : when we done Ill be back
  • #1,223
  • Oct 14, 2012 8:31am Oct 14, 2012 8:31am
Quoting morob
Little upgrade of previous chart this include also probabiltity of downside

breakout.

Break of one of blue lines should give direction.

X=Y

I am not take trade on that is only for direction outlook purposes
shiko
  • #1,224
  • Oct 14, 2012 8:54am Oct 14, 2012 8:54am
Quoting stevewalker
son has an exam on Monday.
we are studying.

do you know in general %50 of homeworks done by parents

PS : when we done Ill be back


Are you coding his math exam ?
  • #1,225
  • Oct 14, 2012 9:13am Oct 14, 2012 9:13am
I wish I would

"Social studies"

Quoting shiko
Are you coding his math exam ?
  • #1,226
  • Oct 14, 2012 10:29am Oct 14, 2012 10:29am
ok guys

sorry for offtopic posts

start working on charts will post current outlook before open



Quoting stevewalker
I wish I would

"Social studies"
  • #1,227
  • Oct 14, 2012 10:45am Oct 14, 2012 10:45am
Hi guys!

I have been studying some charts and I did vote "short" on the poll....but if I look a little longer term they are definitely telling me 'long" ....
  • #1,228
  • Oct 14, 2012 10:54am Oct 14, 2012 10:54am
what do you mean with long/short term?

Quoting 4xPIPAHOLIC
Hi guys!

I have been studying some charts and I did vote "short" on the poll....but if I look a little longer term they are definitely telling me 'long" ....
  • #1,229
  • Oct 14, 2012 11:01am Oct 14, 2012 11:01am
Quoting stevewalker
what do you mean with long/short term?
What I mean is that anything under 4H looks short and 4H and above looks to me long......then again lets see how the market opens.....
  • #1,230
  • Oct 14, 2012 11:02am Oct 14, 2012 11:02am
ok
got it

Quoting 4xPIPAHOLIC
What I mean is that anything under 4H looks short and 4H and above looks to me long......then again lets see how the market opens.....
  • #1,231
  • Oct 14, 2012 11:03am Oct 14, 2012 11:03am
Quoting thodie
thanks walker,

thats the point. i´m not saying it goes up, i´m expecting it to do so.
In daily chart the SMA 100 routes ascending around 1.2577 in MY worst case
we have a retest of the SMA100 and then a rout to the north.

there are very similar fractals in the 3 timeframes

Let´s zoom out from 15m over 1h into daily to the big picture i may be
absolutly wrong: now you all can declare me a donk
same with mine.
that's my trades buddy.
http://i.imgur.com/Xew4R.gif
  • #1,232
  • Oct 14, 2012 11:04am Oct 14, 2012 11:04am
Hows that leg Steve....we missed you on Friday....
  • #1,233
  • Oct 14, 2012 11:07am Oct 14, 2012 11:07am
making forecast with manuplations of actual open trades will hurt you.

you must be neutral when making predictions.

market will not go your trade directions even if you open +1000 lots more.

I dont say close trades.

just forget & then think again.


Quoting hafudo
same with mine.
that's my trades buddy.
http://i.imgur.com/Xew4R.gif
  • #1,234
  • Oct 14, 2012 11:09am Oct 14, 2012 11:09am
TY

fine getting better

soon I will walk properly

Quoting 4xPIPAHOLIC
Hows that leg Steve....we missed you on Friday....
  • #1,235
  • Oct 14, 2012 11:11am Oct 14, 2012 11:11am
Quoting stevewalker
making forecast with manuplations of actual open trades will hurt you.

you must be neutral when making predictions.

market will not go you trade directions if you open +1000 lots more.

I dont say close trades.

just forget & then think again.
it's 15 lots and since last week.
  • #1,236
  • Oct 14, 2012 11:16am Oct 14, 2012 11:16am
size is not important.
desecion is.

it is better to dont post lot sizes.. you can use % risk. better

for some traders 100 $ can be big amount, for some traders 100,000 $ big amount.

so better use % risk

what I ment with +1000 lot is you can not manuplate market. surely.

so you should think neutral.


Quoting hafudo
it's 15 lots and since last week.
  • #1,237
  • Oct 14, 2012 11:19am Oct 14, 2012 11:19am
my prediction is also up

but that can change with a new printed fractal.

so better to be prepared.

Quoting hafudo
same with mine.
that's my trades buddy.
http://i.imgur.com/Xew4R.gif
  • #1,238
  • Oct 14, 2012 11:24am Oct 14, 2012 11:24am
If it closes above 2985......then it is all up......
  • #1,239
  • Oct 14, 2012 11:26am Oct 14, 2012 11:26am
monday?

Quoting 4xPIPAHOLIC
If it closes above 2985......then it is all up......
  • #1,240
  • Oct 14, 2012 11:31am Oct 14, 2012 11:31am
Quoting stevewalker
monday?
anytime..... anyday.....the close above that is important....according to "my" analysis.....(witch is not 100%... but I trust it)

Even if it gaps up there (a scenario) I will wait for the pullback and still go long....

On the fundamental side(witch I really do not care at all, I trade totally tech) there is good news from Greece....if that helps some people ....
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