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  • #707,001
  • Oct 14, 2012 8:53pm Oct 14, 2012 8:53pm
Quoting SnaveForex
i select 2908
a

It has now turned into a support. As long as pa remains above that your longs are safe. Ha Ha Ha
The Thief of Wall Street
  • #707,002
  • Oct 14, 2012 8:53pm Oct 14, 2012 8:53pm
Quoting Chicky
My number is holding, its a good resistance. A close above that would mean, bulls are in charge.
If you look more carefully, you'll see it's holding at 2913 which is a local pivot level btw (not 2917)
  • #707,003
  • Oct 14, 2012 8:54pm Oct 14, 2012 8:54pm
Quoting RWalker
If you look more carefully, you'll see it's holding at 2913 (not 2917)
...or perhaps you are using a broker located in Belize?
  • #707,004
  • Oct 14, 2012 8:55pm Oct 14, 2012 8:55pm
Oh Yeah! 1.2935 here we come.
Time turns trend. - W.D. Gann
  • #707,005
  • Oct 14, 2012 9:00pm Oct 14, 2012 9:00pm
Quoting RWalker
If you look more carefully, you'll see it's holding at 2913 which is a local pivot level btw (not 2917)
That's not fair. I am looking at my number, you look at your numbers. My number is much stronger, it just bounced off from 1.2915........ two pips from my number
The Thief of Wall Street
  • #707,006
  • Oct 14, 2012 9:01pm Oct 14, 2012 9:01pm
Quoting KiwiTrada
her hit and pierce 1st fence bro possible breather. monthly level 125 61
rest over, what about another push
If you are new to Forex? Say Goodbye to your account!!
  • #707,007
  • Oct 14, 2012 9:04pm Oct 14, 2012 9:04pm
Quoting Chicky
a

It has now turned into a support. As long as pa remains above that your longs are safe. Ha Ha Ha
You know, amusement aside, there is an interesting issue here.

I can see that as candle period is raised to 5 minutes or higher, what you are saying actually becomes plausible. The world looks very different down at the 5 second candle level than it does above: trend lines work WAY better, and other detail becomes visible.

What is your minimum candle time frame (and what charting package are you using, if I may ask?).
  • #707,008
  • Oct 14, 2012 9:04pm Oct 14, 2012 9:04pm
Quoting Chicky
That's not fair. I am looking at my number, you look at your numbers. My number is much stronger, it just bounced off from 1.2915........ two pips from my number
you both sometimes keep here argueeing the logic of potatos...this is what happens when we study price on low time frames...price still sinking and it will achieve 1.2850..
Quoting xandi
price will keep mooving inside the triangle, and Iīm pointing this "new change" on the zone...the upper line could have lowered, the previous high was only a shaddow, on 5th October, so this can be our actual picture...http://www.forexfactory.com/attachme...1&d=1350257398
  • #707,009
  • Oct 14, 2012 9:10pm Oct 14, 2012 9:10pm
Quoting ainaedil
Which 1 you use?
What do you mean?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #707,010
  • Oct 14, 2012 9:10pm Oct 14, 2012 9:10pm
Quoting KiwiTrada
rest over, what about another push
may be noda buying below 60
Mohan
  • #707,011
  • Oct 14, 2012 9:11pm Oct 14, 2012 9:11pm
Quoting xandi
you both sometimes keep here argueeing the logic of potatos...this is what happens when we study price on low time frames...price still sinking and it will achieve 1.2850..
Well, where you want to live is a matter of comfort I suppose, but the part about things being different at very low time frames: that is SO TRUE.
  • #707,012
  • Oct 14, 2012 9:14pm Oct 14, 2012 9:14pm
Uh, oh. 1.2847 or messing with us?
Time turns trend. - W.D. Gann
  • #707,013
  • Oct 14, 2012 9:14pm Oct 14, 2012 9:14pm
Quoting RWalker
You know, amusement aside, there is an interesting issue here.

I can see that as candle period is raised to 5 minutes or higher, what you are saying actually becomes plausible. The world looks very different down at the 5 second candle level than it does above: trend lines work WAY better, and other detail becomes visible.

What is your minimum candle time frame (and what charting package are you using, if I may ask?).
OK! Now seriously.

Actually I don't look at a single candle or candle formations. I condense the candle chart so much that it almost becomes a line chart. This I do to see the trend. When it starts forming a High or Low, I zoom in to see the candles in this zone.

4H and Daily for trends and 5M and 1H for candle closes.

I don't use any charting application, instead watch the quote panel for all major currencies and commodities. Mostly, not the charts but this quote panel first indicate what are key s/r levels. I move to charts after identifying the levels from the quote panel. For example, it was the quotation board that told me about 1.2958 and 1.2936 before my charts.
The Thief of Wall Street
  • #707,014
  • Oct 14, 2012 9:14pm Oct 14, 2012 9:14pm
Quoting xandi
hey snave, have you jumped the boat while falling down the river, are you backthere? roww!!!
watching this level very well....looks weak anyway next level there is 2878-74
  • #707,015
  • Oct 14, 2012 9:17pm Oct 14, 2012 9:17pm
Quoting RWalker
Well, where you want to live is a matter of comfort I suppose, but the part about things being different at very low time frames: that is SO TRUE.
yes man, but donīt forget the big picture...and for me, medium term trades are the most profitable, and Iīve been in every styles! trading in lower frames almost get you crazy!!! if you like it, hard on it!!
  • #707,016
  • Oct 14, 2012 9:22pm Oct 14, 2012 9:22pm
Quoting xandi
yes man, but donīt forget the big picture...and for me, medium term trades are the most profitable, and Iīve been in every styles! trading in lower frames almost get you crazy!!! if you like it, hard on it!!

I do.

(PS, don't lose the new avatar dude! )
  • #707,017
  • Oct 14, 2012 9:22pm Oct 14, 2012 9:22pm
Quoting xandi
you both sometimes keep here argueeing the logic of potatos...this is what happens when we study price on low time frames...price still sinking and it will achieve 1.2850..
Point noted without understanding it.


It may make an attempt at 1.2908 and 1.2936
Attached Image
The Thief of Wall Street
  • #707,018
  • Oct 14, 2012 9:23pm Oct 14, 2012 9:23pm
Quoting xandi
Short 1.2946 SL=1.2996 Medium margin used.
CLOSED 1.2896

+50 pips MEDIUM Margin Used

Update in http://www.forexfactory.com/showthread.php?t=388919 and profile.
  • #707,019
  • Oct 14, 2012 9:23pm Oct 14, 2012 9:23pm
Quoting Chicky
OK! Now seriously.

Actually I don't look at a single candle or candle formations. I condense the candle chart so much that it almost becomes a line chart. This I do to see the trend. When it starts forming a High or Low, I zoom in to see the candles in this zone.

4H and Daily for trends and 5M and 1H for candle closes.

I don't use any charting application, instead watch the quote panel for all major currencies and commodities. Mostly, not the charts but this quote panel first indicate what are key s/r levels. I move to charts after identifying...

Hmmm... we live in totally different worlds... have to think about that some.
  • #707,020
  • Oct 14, 2012 9:26pm Oct 14, 2012 9:26pm
When price closes below the 45 degree Gann bearish angle, on the D1, I'll go short with a tp @ the median price @ 1.2606.
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Time turns trend. - W.D. Gann
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