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  • #31,141
  • Jan 18, 2013 6:17am Jan 18, 2013 6:17am
Quoting mok1one
67 traders viewing now, 23 are members: mok1one, Tuauxp, jdash, RogFx, mohammedi, CheG, bechana, suefx, Black Hole, wbh, Ironman, rungun, Iason62, Trader90, Meandi, StephanusR, zarkon, Rishit2012, Pip Singh, Aventador, gdae, Wander, Jm30

Anybody any idea of the formation ?
Any ideas? Outlooks?
In the morning I said it would go up, it went down. Now I think I should say it will go down so that it could go up.
  • #31,142
  • Jan 18, 2013 6:17am Jan 18, 2013 6:17am
Could this be a H&S with a freaky right shoulder on 5min ?
Anybody can confirm?
  • #31,143
  • Jan 18, 2013 6:18am Jan 18, 2013 6:18am
I'm expecting a target on the downside of 1.3225
  • #31,144
  • Jan 18, 2013 6:19am Jan 18, 2013 6:19am
Quoting CheG
In the morning I said it would go up, it went down. Now I think I should say it will go down so that it could go up.
Hehe
Good thinking
  • #31,145
  • Jan 18, 2013 6:20am Jan 18, 2013 6:20am
1H resting his feet on the 200MA
  • #31,146
  • Jan 18, 2013 6:24am Jan 18, 2013 6:24am
Hello Mok1 and everyone! I am waiting at this time. US news in 2 and half hours. Maybe before news we can get a better view of direction. Decide to wait and do not trade is also a desicion. Happy trading to all

Quoting mok1one
To me it looks it has based on the Daily Piv and 30min bull div creted.
1min and 5min suggest an upmove quite soon.
Waiting, when the 30min and 1H bullish divs. start to influence the price.
  • #31,147
  • Jan 18, 2013 6:28am Jan 18, 2013 6:28am
Inverse H&S forming [SHS] on 15min?
Wait, or you will be slaughtered!
  • #31,148
  • Jan 18, 2013 6:31am Jan 18, 2013 6:31am
Mayby we have to think about what Steve said yesterday.

"When London Buys, NY sells - and vica versa"

Today London Sold, So NY buys ?
  • #31,149
  • Jan 18, 2013 6:32am Jan 18, 2013 6:32am
Quoting Uturn2
Inverse H&S forming [SHS] on 15min?
Quoting mok1one
Could this be a H&S with a freaky right shoulder on 5min ?
Anybody can confirm?

Had the same question. Saw it on 5min.
  • #31,150
  • Jan 18, 2013 6:32am Jan 18, 2013 6:32am
Quoting mok1one
could you please remove SIZE script from the post.

Ty
OFC
  • #31,151
  • Jan 18, 2013 6:33am Jan 18, 2013 6:33am
Quoting XharpScalper
OFC
Ty.Appreciated.
  • #31,152
  • Jan 18, 2013 6:35am Jan 18, 2013 6:35am
Quoting Uturn2
Inverse H&S forming [SHS] on 15min?
Could be nice trigger for 30min and 1H bull divs.

15MIN left
30MIN center
5MIN right
Attached Image (click to enlarge)
Click to Enlarge Name: 15305.JPG Size: 141 KB
  • #31,153
  • Jan 18, 2013 6:37am Jan 18, 2013 6:37am
GM Team. My outlook for today, Bull Bull Bull. Buy Buy Buy.
  • #31,154
  • Jan 18, 2013 6:39am Jan 18, 2013 6:39am
Quoting IvanNC
GM Team. My outlook for today, Bull Bull Bull. Buy Buy Buy.
GM

Welcome aboard the bulltrain. Let's hope our train stays on track.
  • #31,155
  • Jan 18, 2013 6:42am Jan 18, 2013 6:42am
Quoting mok1one
Could be nice trigger for 30min and 1H bull divs.

15MIN left
30MIN center
5MIN right
I got left behind at the station!
Too busy checking my ticket [charts]!
Even had the Buy Signal.
I'll have to set a chart alert...............
Wait, or you will be slaughtered!
  • #31,156
  • Jan 18, 2013 6:45am Jan 18, 2013 6:45am
So, today I learned the bad way, to always put a pending order at least 1 pip away from where it's gonna bounce. I placed a order to buy at yesterday's high. But instead of putting it above the high, i put it at the same level. ANd then the price bounced down, and I lost some precious pips there = .

Lesson learned... the bad way ....
  • #31,157
  • Jan 18, 2013 6:46am Jan 18, 2013 6:46am
Quoting IvanNC
So, today I learned the bad way, to always put a pending order at least 1 pip away from where it's gonna bounce. I placed a order to buy at yesterday's high. But instead of putting it above the high, i put it at the same level. ANd then the price bounced down, and I lost some precious pips there = .

Lesson learned... the bad way ....
I'm learnign to deal with pending orders just this week... never used them before xD.
  • #31,158
  • Jan 18, 2013 6:50am Jan 18, 2013 6:50am
Quoting IvanNC
I'm learnign to deal with pending orders just this week... never used them before xD.
They are pain in the a* to be honest
about 2 months ago i lost 10 entries with 1-3 pips with pendings in 2 weeks. Since that i have put my pendings with 3-5 pip above/below.
Put today it happened again. Had a 1H channel line and 30min channel line @ 29. Put my order to 32 and the price came to 33.
Put luckily I missed only 10 pips with that miss and got a nice short ride from top to daily piv.
But yes. Pendings are a pain. My advice 3-5 pips from where you think it will go. 3-5 pips don't a big difference if you lose or win.
  • #31,159
  • Jan 18, 2013 6:51am Jan 18, 2013 6:51am
so 10 min to NY open. By looking the formation on 1H , my lucky guess is we go up.
But first the 1H candle has to close. Preferably around 60-62
  • #31,160
  • Jan 18, 2013 6:53am Jan 18, 2013 6:53am
i can't post my chart due my connection problem,
but above 13330 we have a bull and below that we may have a bear
You see, but you do not observe. The distinction is clear
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