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  • #755,721
  • Feb 7, 2013 2:03pm Feb 7, 2013 2:03pm
Quoting gatorinla
widening my entry and stop zone to 3418 + a few instead of 3417.. there is a flagish formation still unconfirmed there trying to build. so i will split the entry to a little higher. just trying to catch some drop momentum and the trade will risk 1/4%. i am not overlooking the norm back to 3583 before 320x . this little add is looking for bull weakness in the small charts to short. with a confirmation.. if it is a flag the red arrows show the norm target.
This is one of the most sensible posts I've seen for ages!
  • #755,722
  • Feb 7, 2013 2:04pm Feb 7, 2013 2:04pm
Quoting tarrentino
Dude, Your definition of going nuts is quite interesting - it's a dead cat bounce.

Last candle e/u and e/j formed "hammer" will be intresting will it be valid
  • #755,723
  • Feb 7, 2013 2:05pm Feb 7, 2013 2:05pm
Quoting T999
Last candle e/u and e/j formed "hammer" will be intresting will it be valid
What TF? Please don't say M1!
  • #755,724
  • Feb 7, 2013 2:06pm Feb 7, 2013 2:06pm
Quoting tarrentino
What TF? Please don't say M1!
I dont watch M1 , H1
  • #755,725
  • Feb 7, 2013 2:06pm Feb 7, 2013 2:06pm
just back and took another + 20 easy
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.gif Size: 21 KB
looking for investors . pm me
  • #755,726
  • Feb 7, 2013 2:08pm Feb 7, 2013 2:08pm
Quoting BobGnarly
Stops at +30 on the yen pairs and + 5 on Eu..... 185 pips.... target 600-750 pips, another busy day today. Good luck to the day traders!! I want to master day trading in the worst way. But I love my swing/position trading/investing.

stop triggered on EU p.o.s pointless drop oh well , the other 2 are running nicely and added an AU short at 1.03 earlier...
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  • #755,727
  • Feb 7, 2013 2:10pm Feb 7, 2013 2:10pm
Quoting T999
I dont watch M1 , H1
http://i45.tinypic.com/2n9ynid.jpg
  • #755,728
  • Feb 7, 2013 2:11pm Feb 7, 2013 2:11pm
Quoting tarrentino
http://i45.tinypic.com/2n9ynid.jpg

On my chart it looks different i have no idea how you got this
  • #755,729
  • Feb 7, 2013 2:15pm Feb 7, 2013 2:15pm
Quoting T999
On my chart it looks different i have no idea how you got this
I was looking at eurjpy.... but... if you look at your H1 charts you'll see loads of hammers which didn't ever confirm PA.... I don't think the TF is long enough for candlesticks to be meaningful and you need other supporting data to confirm a signal...
  • #755,730
  • Feb 7, 2013 2:16pm Feb 7, 2013 2:16pm
Quoting tarrentino
I was looking at eurjpy.... but... if you look at your H1 charts you'll see loads of hammers which didn't ever confirm PA.... I don't think the TF is long enough for candlesticks to be meaningful and you need other supporting data to confirm a signal...
it was strange PA action for me almost ar hour it was at 1.3390 then BAM last 7 minutes to 1.3402 and formed hammer
  • #755,731
  • Feb 7, 2013 2:19pm Feb 7, 2013 2:19pm
Quoting BellaVista
What would make you think, that it will occur. The only thing which influences the market on all TF, is something NO ONE CAN PREDICT. That is called volume. We can't see the offers, bids, or the volume hitting the market. We can try to rationalize our positions with due diligence, yet as you can see today. It fails 9/10 times. Your drawing a line down, then up. Yet it would be as if your taking this as a game. This is very serious. You have your TIME, and MONEY invested in this. Most importantly your time. Don't waste that, as you won't be able...
there is no way to determine volume in Forex. your broker and other brokers use different means to get it. there is no coordinated collection of volume statistics from a central source. your volume is what your broker says it is, that dont make it true.
there is always an equal amount of buyers verses sellers.
those who can, do. those who cant, talk about those who can
  • #755,732
  • Feb 7, 2013 2:21pm Feb 7, 2013 2:21pm
Quoting T999
it was strange PA action for me almost ar hour it was at 1.3390 then BAM last 7 minutes to 1.3402 and formed hammer
A whole 12 pips!!... it's the end of the session so I don't think much will happen until about 23,24:00 GMT - and even then it won't have much flow. If PA ticks up slowly over the Asian session they'll probably short the shit out of it at the London open. I expect all you're observing is intra day profit taking. The retrace is so pathetic it kind of tells you something.... new shorts are holding on as they think they'll be follow through tomorrow. Existing longs hoping for a retrace might be rushing for the exit tomorrow so you might see another day similar to today.
  • #755,733
  • Feb 7, 2013 2:25pm Feb 7, 2013 2:25pm
Quoting gatorinla
widening my entry and stop zone to 3418 + a few instead of 3417.. there is a flagish formation still unconfirmed there trying to build. so i will split the entry to a little higher. just trying to catch some drop momentum and the trade will risk 1/4%. i am not overlooking the norm back to 3583 before 320x . this little add is looking for bull weakness in the small charts to short. with a confirmation.. if it is a flag the red arrows show the norm target.
Gatorinla in the other way round, I am hoping 1.340x at as a support for a retest at 1.3573
Maximizing your potentials!
  • #755,734
  • Feb 7, 2013 2:26pm Feb 7, 2013 2:26pm
Quoting gatorinla
there is no way to determine volume in Forex. your broker and other brokers use different means to get it. there is no coordinated collection of volume statistics from a central source. your volume is what your broker says it is, that dont make it true.
there is always an equal amount of buyers verses sellers.
How about tick volume/frequency? More often than not it signals a reversal when it spikes.
  • #755,735
  • Feb 7, 2013 2:26pm Feb 7, 2013 2:26pm
Quoting tarrentino
This is one of the most sensible posts I've seen for ages!
if i was sensible i would do nothing and wait for 3447... then look
those who can, do. those who cant, talk about those who can
  • #755,736
  • Feb 7, 2013 2:28pm Feb 7, 2013 2:28pm
Quoting gatorinla
if i was sensible i would do nothing and wait for 3447... then look
You could wait till 1.85 based on the "pigonacci retracement" - much safer
  • #755,737
  • Feb 7, 2013 2:31pm Feb 7, 2013 2:31pm
Good for you! Man, what's your scalping strategy for this pair? Time frame + indi?
I have one as well CCI 21 (-150:0:150)+SMA 28 on M5, but yours seems to give more profitable signals.
Appreciate your response.

Quoting kbmoonshinex
just back and took another + 20 easy
Those who know don't talk. Those who talk don't know.
  • #755,738
  • Feb 7, 2013 2:34pm Feb 7, 2013 2:34pm
Quoting tarrentino
How about tick volume/frequency? More often than not it signals a reversal when it spikes.
i fart, it stinks.
but sometimes i disappoint myself.
not saying my shit dont stink. i know it does. i just dont always smell it.
those who can, do. those who cant, talk about those who can
  • #755,739
  • Feb 7, 2013 2:35pm Feb 7, 2013 2:35pm
Quoting gatorinla
i fart, it stinks.
but sometimes i disappoint myself.
not saying my shit dont stink. i know it does. i just dont always smell it.

Lol best post ever
  • #755,740
  • Feb 7, 2013 2:35pm Feb 7, 2013 2:35pm
I hope to ride this one long. Just took a EU trade.
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