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  • #796,081
  • May 9, 2013 4:57am May 9, 2013 4:57am
Quoting vankola
{quote} GM ALL! Very nice chart! Same as I see it, my bet is : first drop to 1.3130 area after a new daily high!
Let's see how many steam bulls have!
  • #796,082
  • May 9, 2013 4:58am May 9, 2013 4:58am
alright. thanks guys for the explanation
  • #796,083
  • May 9, 2013 4:59am May 9, 2013 4:59am
so many predictions here will show red today. I still hold my buy till 3350.
  • #796,084
  • May 9, 2013 5:01am May 9, 2013 5:01am
Quoting vankola
{quote} Let's see how many steam bulls have!
@1.3160 is the max IMO. Next 0,5h will tell more.
  • #796,085
  • May 9, 2013 5:02am May 9, 2013 5:02am
Quoting kuroro001
{quote} I see what you see...but i'm not buying it yet...i want lower
How do you guess if the tick volume is being represented by buyers or sellers regardless if it is a bull or bear candle? Thanks mate.
Luck has no place in trading. Leave that for the poker table.
  • #796,086
  • May 9, 2013 5:03am May 9, 2013 5:03am
Quoting De La Kritz
so many predictions here will show red today. I still hold my buy till 3350.
so you have your prediction as well.

why you think it will go up?
fokyou forexfactory
  • #796,087
  • May 9, 2013 5:04am May 9, 2013 5:04am
GOLD 4H
Breakout trade in the process?? have a look ..... Breakout areas : 1486 and 1439
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD.png Size: 20 KB
  • #796,088
  • May 9, 2013 5:05am May 9, 2013 5:05am
Quoting DNTme
{quote} so you have your prediction as well. why you think it will go up?
I dont gun for few pips.time will tell.im on my daily wave C which has waves within.there is enough consolidation to support the bullish push
  • #796,089
  • May 9, 2013 5:07am May 9, 2013 5:07am
Already bought
"You're solid gold, see you in hell"
  • #796,090
  • May 9, 2013 5:09am May 9, 2013 5:09am
While blathering about those commodities, this move is still impact of Aussie ratecut. It is actually not a small country.
"I know one thing, that I know nothing." Sokrates
  • #796,091
  • May 9, 2013 5:09am May 9, 2013 5:09am
Quoting De La Kritz
{quote} I dont gun for few pips.time will tell.im on my daily wave C which has waves within
a chart with your setup? if possible?
fokyou forexfactory
  • #796,092
  • May 9, 2013 5:12am May 9, 2013 5:12am
Quoting Pair-me-up
{quote} How do you guess if the tick volume is being represented by buyers or sellers regardless if it is a bull or bear candle? Thanks mate.
You don't know if you look at the color of the candle.

You have to look both at the volume and the PA. You can't look at the volume solely.

For example look at the 5mn chart, and look at the high of the day of the 3rd of may. There were 2 reversal candles closing in the red with higher volume...this was sellers for sure.

And the bottom of the 6th of May...Reversed bullish candle with higher volume, the candle printed a higher high and high close (than the previous candle). For sure it was buyers.
But you don't know if it is a reversal or retracement.

All this setups you will learn them with time. They are so classic, and they appear often.

Only experience and your eyes will help
COT: The precious data ignored
  • #796,093
  • May 9, 2013 5:12am May 9, 2013 5:12am
Quoting Tom_D_Trader
While blathering about those commodities, this move is still impact of Aussie ratecut. It is actually not a small country.
Not a small country, but very few people for such a big country.

I wish I lived there.
They seem to bear a relatively small part of the world's problems, same as Canada.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #796,094
  • May 9, 2013 5:14am May 9, 2013 5:14am
I think setup is still SHORT. Maybe it will come back and throw out some traders who went short after the price broke @1.3149.
  • #796,095
  • May 9, 2013 5:17am May 9, 2013 5:17am
Quoting KillerWhale
{quote} Not a small country, but very few people for such a big country. I wish I lived there. They seem to bear a relatively small part of the world's problems, same as Canada.
But Canada has another problem, it's too damn cold.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #796,096
  • May 9, 2013 5:17am May 9, 2013 5:17am
Quoting KillerWhale
{quote} Not a small country, but very few people for such i big country. I wish I lived there.
not close to my pc now but the consolidation ended yesterday when bullish breakout took place.its clear on 4hrs.another bullish surprise in the offing
  • #796,097
  • May 9, 2013 5:19am May 9, 2013 5:19am
Quoting KillerWhale
{quote} Not a small country, but very few people for such a big country. I wish I lived there. They seem to bear a relatively small part of the world's problems, same as Canada.
It's such a great place, i have been living there a year.
I don't remember hearing a lot of news from the rest of the world.
COT: The precious data ignored
  • #796,098
  • May 9, 2013 5:20am May 9, 2013 5:20am
Quoting kuroro001
{quote} You don't know if you look at the color of the candle. You have to look both at the volume and the PA. You can't look at the volume solely. For example look at the 5mn chart, and look at the high of the day of the 3rd of may. There were 2 reversal candles closing in the red with higher volume...this was sellers for sure. And the bottom of the 6th of May...Reversed bullish candle with higher volume, the candle printed a higher high and high close (than the previous candle). For sure it was buyers. But you don't know if it is a reversal or...

You are a good teacher. Not many traders in FF want to teach. A few of them just use the slang Muppet.. Which the word is slang from the old American Muppet Show. They look like people just not real.

So, a good student is a good teacher. So, I see that you are the best students, and those that can explain are still learning too.
Alright, I will start taking a closer look at tick volume. I need more quid in my account.
Luck has no place in trading. Leave that for the poker table.
  • #796,099
  • May 9, 2013 5:20am May 9, 2013 5:20am
Quoting citizen1981
I think setup is still SHORT. Maybe it will come back and throw out some traders who went short after the price broke @1.3149.
Why would smart traders being thrown out?
We're in a small ranging mode which means hold on to your trades and you can always end up in profit.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #796,100
  • May 9, 2013 5:21am May 9, 2013 5:21am
still short and probably add more again at 63/64 if i get it, usdx suggest new highs imho
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