Cesarnc's market talk, gossips, rumours & fun
.......Now days? and the future is in the 5M chart or less, those high frecuency trading machines, have destroy long term trading, me think........
Sir, considering the market from Sept'12 it is swinging around avg 400 pips, I used to look at daily candle etc. but candle formation is changing quickly and in reverse order at higher tf, that's why I consider looking at lower tf which I usually do not.
In the M30, I mentioned the point of interests so PA tend to go there.
Have a green day Sir
beautiful.
Sir, considering the market from Sept'12 it is swinging around avg 400 pips, I used to look at daily candle etc. but candle formation is changing quickly and in reverse order at higher tf, that's why I consider looking at lower tf which I usually do not.
In the M30, I mentioned the point of interests so PA tend to go there.
Have a green day Sir
........nice head and shoulders forming in there.......not that I trade those but I'm only saying.......
This is the latest one on weeklies since being rejected from 1.600000.. looks like the long distance marching M/T bulls are looking for 1.40's again..
sep12 to make 400 pips it took 12 or 14 days to do that, but each day it doesn't move more than 60 or 80 pips, and that is hard to get in a longer time frame, but to each its own, i like 30M and lower no less than 5M eather, too much noise, is good only to grab a few pips in the begining of the day, when you are fresh, lets say tree or four hours, then rest and try to catch a break out, that is my day work......
I don't know about swinging but the euro dollar hasen't move more than 80 pips one way or the other in a while that I remember, now if...
Sir chonchy, you are absolutely correct on the daily movement of E/U and its avg pips, I am only trying to figure out the moves of the pair for last 3 months or so. That helps me determining proportionate Take Profit and Stop Loss Target on Intraday.
Attachment
Have you figure out where your "Seat of the Elephant" going to be in the next 3 days or so?
Interesting..it's found interest in the bottom though, so will wait until it is done
