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  • #710,561
  • Oct 22, 2012 11:06pm Oct 22, 2012 11:06pm
I have long position at 1.3052. My chart shows Buy signal.
Love for all; Hatred for none.
  • #710,562
  • Oct 22, 2012 11:10pm Oct 22, 2012 11:10pm
Quoting aahmad29
I have long position at 1.3052. My chart shows Buy signal.
You might be right. But it won't be long, until you find out, that you might be wrong. 1.3044 back in play.
Attached Image (click to enlarge)
Click to Enlarge Name: umightberight.jpg Size: 78 KB
Time turns trend. - W.D. Gann
  • #710,563
  • Oct 22, 2012 11:11pm Oct 22, 2012 11:11pm
Quoting ForExtraPips
You might be right. But it won't be long, until you find out, that you might be wrong. 1.3044 back in play.
May I ask, how do you draw those lines?

SO different to mine...
Even the worst trade can close with profit. Just give it time.
  • #710,564
  • Oct 22, 2012 11:15pm Oct 22, 2012 11:15pm
Candles are dancing on Pivot Line.
Love for all; Hatred for none.
  • #710,565
  • Oct 22, 2012 11:16pm Oct 22, 2012 11:16pm
Quoting John Gray
May I ask, how do you draw those lines?

SO different to mine...
After studying up on Gann and Gann angles. I no longer have to have connect three trend lines, etc............. Just two trend lines, like with a swing low, connect the bottom two going up, and the top two going down, and go from there. Another way to get Gann angles. And, the key factor, is when one trend line in an up swing, and a trend line in a down swing, intersect, where it makes that letter X, that is key, to where price meets time. Then put a horizontal and vertical line within that X and you'll know when and where for "possible" reversal, etc.......
Time turns trend. - W.D. Gann
  • #710,566
  • Oct 22, 2012 11:18pm Oct 22, 2012 11:18pm
Price just took a nice bounce up on H1 with the 100EMA
Time turns trend. - W.D. Gann
  • #710,567
  • Oct 22, 2012 11:21pm Oct 22, 2012 11:21pm
Quoting ForExtraPips
Price just took a nice bounce up on H1 with the 100EMA
What do you think? what should be take profit for Long position?
Love for all; Hatred for none.
  • #710,568
  • Oct 22, 2012 11:21pm Oct 22, 2012 11:21pm
Quoting John Gray
May I ask, how do you draw those lines?

SO different to mine...
Another key factor when connecting those lines, like I said, is when you see other candles within that trend line piercing through it. That's a sign, an indication of bull or bear divergence, later on, down the road.
Time turns trend. - W.D. Gann
  • #710,569
  • Oct 22, 2012 11:22pm Oct 22, 2012 11:22pm
Quoting aahmad29
What do you think? what should be take profit for Long position?
My tp on my long is @ 1.3170. This is just my opinion based on trend lines.

edit: typo
Time turns trend. - W.D. Gann
  • #710,570
  • Oct 22, 2012 11:28pm Oct 22, 2012 11:28pm
Quoting ForExtraPips
My tp on my long is @ 1.3170. This is just my opinion based on trend lines.

edit: typo
My TP=1.3070 on 5 Min Chart. Lets see if there is any bounce at that position.
Love for all; Hatred for none.
  • #710,571
  • Oct 22, 2012 11:28pm Oct 22, 2012 11:28pm
Quoting aahmad29
I have long position at 1.3052. My chart shows Buy signal.
I am also put a but limit order at 1.3053, the opening gap just filled, for me it's a buy signal
  • #710,572
  • Oct 22, 2012 11:29pm Oct 22, 2012 11:29pm
Quoting aahmad29
My TP=1.3070 on 5 Min Chart. Lets see if there is any bounce at that position.
Yep. a close of 1.3066 and the high of 1.3070 is possible. GL
Time turns trend. - W.D. Gann
  • #710,573
  • Oct 22, 2012 11:32pm Oct 22, 2012 11:32pm
Quoting ForExtraPips
Another key factor when connecting those lines, like I said, is when you see other candles within that trend line piercing through it. That's a sign, an indication of bull or bear divergence, later on, down the road.
Interesting, you have done many graphs like this, and you are reputable, so I will assume it works

Thanks!
Even the worst trade can close with profit. Just give it time.
  • #710,574
  • Oct 22, 2012 11:35pm Oct 22, 2012 11:35pm
Quoting John Gray
Interesting, you have done many graphs like this, and you are reputable, so I will assume it works

Thanks!
No problem. Glad I could help.
Time turns trend. - W.D. Gann
  • #710,575
  • Oct 22, 2012 11:39pm Oct 22, 2012 11:39pm
market was ranging so tight for so long now in 1m char 1 pip bar print like a spike
Mohan
  • #710,576
  • Oct 22, 2012 11:40pm Oct 22, 2012 11:40pm
Here's what I'm looking at when I'm posting possible this and that. I know it looks ugly. But it talks to me. When you connect two candles on a swing low going up, and two candles on a swing high, going down. And where they intersect. It tells me of possible reversal points. Notice where price is at right now. Trapped between that trend line above it, and the 100EMA on the H1.
Attached Image (click to enlarge)
Click to Enlarge Name: justachart.jpg Size: 195 KB
Time turns trend. - W.D. Gann
  • #710,577
  • Oct 22, 2012 11:55pm Oct 22, 2012 11:55pm
hi guys do u think EU will close below 1.3052 in next hour
  • #710,578
  • Oct 23, 2012 12:06am Oct 23, 2012 12:06am
Quoting Hakimi
hi guys do u think EU will close below 1.3052 in next hour
What difference does it make , it was suppose to go back to 1.30435 to test it - but some h1 candles bearish showing signs they don't like to stay down there. which drive me to a subjective conslusion that more likely 1.30700 will be taken first.
"It's the Margin, Stupid."
  • #710,579
  • Oct 23, 2012 12:09am Oct 23, 2012 12:09am
Any big news today or tomorrow? My long positions are still open.

The range is so tight.
  • #710,580
  • Oct 23, 2012 12:12am Oct 23, 2012 12:12am
Quoting solsys
Any big news today or tomorrow? My long positions are still open.

The range is so tight.
lot of Flash pmi due tomorrow from china & europe also darling Draghi Speaks
Mohan
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