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  • #712,141
  • Oct 29, 2012 10:56am Oct 29, 2012 10:56am
Quoting attila
No specific one.. It's up to your preference.... 2 things are important here.. If the market is slow or turning then the lower TFs take precedence.. When it's fast and trending, forget about them and move up TFs..

When it's ranging like now, look at higher TFs... they just sit there frozen while the lower ones are moving up/down.. So there's no point of taking a SL/TP on the higher ones because we don't know which way they're gonna go (for immediate trading purposes).. Keep in mind their general direction (which is down atm) though and trade that...

Thats great Attila, thanks.

Im +37 for the day on 2 trades! Pretty slow moving day, Catch you guys tomorrow.

Happy trading.
  • #712,142
  • Oct 29, 2012 11:00am Oct 29, 2012 11:00am
Quoting attila
This might not work in the end, but it allows for a very tight SL.. had a close above, then another one with a retest of the level... We'll see how it goes.. TP is up the next level..

Attachment
that didn't work out.. ok, next.
  • #712,143
  • Oct 29, 2012 11:01am Oct 29, 2012 11:01am
b 01

stop at 2891
  • #712,144
  • Oct 29, 2012 11:03am Oct 29, 2012 11:03am
The 4hr channel is screaming down
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  • #712,145
  • Oct 29, 2012 11:03am Oct 29, 2012 11:03am
i took a short from the red line to poc, damn good trade, love this

http://img838.imageshack.us/img838/5988/45812561.gif
  • #712,146
  • Oct 29, 2012 11:04am Oct 29, 2012 11:04am
NYSE likely opens on Wednesday.
They think they are smarter than I am.
  • #712,147
  • Oct 29, 2012 11:07am Oct 29, 2012 11:07am
Quoting attila
that didn't work out.. ok, next.

Morning Attila...If it's going to move up, here's the place to do it....

That last H1 bar is a little ugly though...lol
  • #712,148
  • Oct 29, 2012 11:07am Oct 29, 2012 11:07am
Quoting BlueCirrus
Morning Attila...If it's going to move up, here's the place to do it....

That last H1 bar is a little ugly though...lol
I'm still watching that previous level there, if not I'll wait for 78..
  • #712,149
  • Oct 29, 2012 11:12am Oct 29, 2012 11:12am
spain banks hqeadline on wire , waiting for market reactions/interpretation
Mohan
  • #712,150
  • Oct 29, 2012 11:15am Oct 29, 2012 11:15am
usdchf out BE
  • #712,151
  • Oct 29, 2012 11:15am Oct 29, 2012 11:15am
this is my main chart, till it does not change direction i will continue selling bounces

http://img4.imageshack.us/img4/9128/17840610.gif
  • #712,152
  • Oct 29, 2012 11:29am Oct 29, 2012 11:29am
s/o
-10
  • #712,153
  • Oct 29, 2012 11:32am Oct 29, 2012 11:32am
i have seriously gone crazy now

http://img3.imageshack.us/img3/4412/27379424.gif
  • #712,154
  • Oct 29, 2012 11:33am Oct 29, 2012 11:33am
Buy TP 15 Pips
  • #712,155
  • Oct 29, 2012 11:33am Oct 29, 2012 11:33am
Took this short into 78.. Let's see where I can go with it.. 89 is in the way..

Attached Image
  • #712,156
  • Oct 29, 2012 11:35am Oct 29, 2012 11:35am
Unfortunately I think with the hurricane disruption this week will be sh*t, took a minor loss on a long earlier. Probably going to avoid making another trade for the rest of the week, unless we get some decent month end action. This week could be a manipulators paradise, see the spike and round trip earlier
  • #712,157
  • Oct 29, 2012 11:38am Oct 29, 2012 11:38am
Quoting hindustani
i have seriously gone crazy now
closed +5

i am done till europe open
  • #712,158
  • Edited 12:03pm Oct 29, 2012 11:50am | Edited 12:03pm
Quoting BobGnarly
Waiting to break .2882 to short

TP: .2822



Took a small short from .2998 to .2988

10 pips

Done trading for the day since im in the path of sandy -_-

Hopefully wont have to resort to trading from the generator hahaha

Hate trading on my Iphone, but ya gotta do what ya gotta do right?
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #712,159
  • Oct 29, 2012 12:02pm Oct 29, 2012 12:02pm
When levels switch round in my system, could be a break out signal with 880's as a base. Was expecting a hit on 880's then 925 3am Tomorrow.
Founder of Sutherland Wave Principle
  • #712,160
  • Oct 29, 2012 12:05pm Oct 29, 2012 12:05pm
On it's way to 1.283? Shall we see.
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