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  • #25,681
  • Jan 23, 2013 3:34pm Jan 23, 2013 3:34pm
This could be the case now........
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daddybearforex. com
  • #25,682
  • Jan 23, 2013 3:34pm Jan 23, 2013 3:34pm
Quoting forexalien
I don't have time today to go into a whole book. But one of the indicators I watch is the SVE RSI I-FISH. Bottom window - Blue only indicator. I added the red boxes and black lines up and down to show distance in time. A lot of them are near equal distance, so this is the area I am studying in right now , while I am waiting for DB's books to show up in the mail.....I will add the unmarked chart also....
Is it normal for me not to understand what the hell this chart is!? Been trading for a year...
  • #25,683
  • Jan 23, 2013 3:41pm Jan 23, 2013 3:41pm
Thanks I need to brush up on my short hand on here I sort of thought there were some more no's in front of those
Quoting DaddyBear
1.0548 is the Pivot. 1.0527 is the previous low. 1.0517 is S1.
  • #25,684
  • Jan 23, 2013 4:01pm Jan 23, 2013 4:01pm
has anyone switched to 5 minute chart yet?!
  • #25,685
  • Jan 23, 2013 4:10pm Jan 23, 2013 4:10pm
Quoting maximmm
has anyone switched to 5 minute chart yet?!
yes, i see volume increase a little bit but no clear direction yet, what happened??
  • #25,686
  • Jan 23, 2013 4:15pm Jan 23, 2013 4:15pm
Quoting DaddyBear
You see trading is stressful. I need some fun and dried prunes to make my life easier.....
soak dried prunes with Gin..
eat 3pcs daily
good for health
  • #25,687
  • Jan 23, 2013 4:17pm Jan 23, 2013 4:17pm
Quoting forexalien
What do you use to take your entries? You just don't pull numbers out of your hat, I'm sure......
I now expect a big move in February - and a very peaceful January, though at slightly lower levels (in other words, we should see yet another inverse hammer on the monthly chart)
  • #25,688
  • Jan 23, 2013 4:17pm Jan 23, 2013 4:17pm
Quoting KickAss
yes, i see volume increase a little bit but no clear direction yet, what happened??
next action is 3.5hrs away
  • #25,689
  • Jan 23, 2013 4:18pm Jan 23, 2013 4:18pm
Quoting maximmm
has anyone switched to 5 minute chart yet?!
M15
http://fx1.it-finance.com/FXStreetFl...22bf4aeb8a.png
  • #25,690
  • Jan 23, 2013 4:18pm Jan 23, 2013 4:18pm
Quoting HelloOz
soak dried prunes with Gin..
eat 3pcs daily
good for health
Nice. I tried eating Gin, it's very hard to do so with a fork ^^
  • #25,691
  • Jan 23, 2013 4:20pm Jan 23, 2013 4:20pm
Quoting HelloOz
M15
http://fx1.it-finance.com/FXStreetFl...22bf4aeb8a.png
Thanks. I needed that So, based on this chart....
  • #25,692
  • Jan 23, 2013 4:21pm Jan 23, 2013 4:21pm
Quoting maximmm
Nice. I tried eating Gin, it's very hard to do so with a fork ^^
use spoon next time??
or shot glass?

http://www.newtonliquor.co.nz/shop1/...gordon_gin.jpg
  • #25,693
  • Jan 23, 2013 4:22pm Jan 23, 2013 4:22pm
Quoting maximmm
Thanks. I needed that So, based on this chart....
hopefully china data will break this to downside
  • #25,694
  • Jan 23, 2013 4:23pm Jan 23, 2013 4:23pm
Quoting HelloOz
hopefully china data will break this to downside
Yes... I think we all know that Chinese data is very likely to do that^^
  • #25,695
  • Jan 23, 2013 4:25pm Jan 23, 2013 4:25pm
ok please help me out here how did you get that time frame from that chart ,I need to learn all this.Ok the next messages answered that silly question. Just a bit confused It just cost me $31 to make $19 because of the spread opening up
Quoting HelloOz
next action is 3.5hrs away
  • #25,696
  • Jan 23, 2013 4:27pm Jan 23, 2013 4:27pm
Quoting arcticwolf
ok please help me out here how did you get that time frame from that chart ,I need to learn all this.
This is an excellent question^^

Yes, Helioz, how did you use that chart to determine such a time-specific prediction of the next possible action?!^^
  • #25,697
  • Jan 23, 2013 4:29pm Jan 23, 2013 4:29pm
Quoting arcticwolf
ok please help me out here how did you get that time frame from that chart ,I need to learn all this.Ok the next messages answered that silly question. Just a bit confused It just cost me $31 to make $19 because of the spread opening up
which charting platform do you use?
is there an option where you can choose different TF?
  • #25,698
  • Jan 23, 2013 4:29pm Jan 23, 2013 4:29pm
Quoting arcticwolf
ok please help me out here how did you get that time frame from that chart ,I need to learn all this.Ok the next messages answered that silly question. Just a bit confused It just cost me $31 to make $19 because of the spread opening up
I suggest you start off with a larger time frame and with much smaller trades (unless you have tons of money, like I do^^)
  • #25,699
  • Jan 23, 2013 4:30pm Jan 23, 2013 4:30pm
Quoting maximmm
This is an excellent question^^

Yes, Helioz, how did you use that chart to determine such a time-specific prediction of the next possible action?!^^
when i was talking about next action in 3.5h, i mean china pmi data will be released in 3.5h
lol..
  • #25,700
  • Jan 23, 2013 4:31pm Jan 23, 2013 4:31pm
Quoting maximmm
I suggest you start off with a larger time frame and with much smaller trades (unless you have tons of money, like I do^^)
added new line..
did we break down???

http://fx1.it-finance.com/FXStreetFl...82d3b50d32.png
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