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  • #800,341
  • May 22, 2013 1:52pm May 22, 2013 1:52pm
Quoting maximinus
{quote} It seems to me that 2788 is a very old target that remains unreached. so I'll buy at this level.
Possible...but right now no strong m5 bulls.

Only some m1 bulls trying to prevent the deep fall.

Bears want more down
COT: The precious data ignored
  • #800,342
  • May 22, 2013 1:53pm May 22, 2013 1:53pm
st pa is targeting a slightly LL.. 2795.4.. st lies.. a bounce to 2855 may happen first. atm at 2833... bounce in the 2818 area is normal
those who can, do. those who cant, talk about those who can
  • #800,343
  • May 22, 2013 1:55pm May 22, 2013 1:55pm
Quoting tomspin
{quote} how about a 100 pips SL
I don't see that as a problem since I'm looking for a couple hundred or more.
  • #800,344
  • May 22, 2013 1:59pm May 22, 2013 1:59pm
Quoting SpacyTrader
{quote} I don't see that as a problem since I'm looking for a couple hundred or more.

If you place 100 pips sl that mean you are not in the right place and not confident about your entry, this is not good RR even if you target 400 pips profit
You could have a better RR if you buy 2812 pivot with stops below yesterdays low.
This is friendly advice, in FX cutting risk is everything
swing it!
  • #800,345
  • May 22, 2013 1:59pm May 22, 2013 1:59pm
Quoting kuroro001
{quote} Possible...but right now no strong m5 bulls. Only some m1 bulls trying to prevent the deep fall. Bears want more down
Time for your longs . H1 candle ends above 28.40
  • #800,346
  • May 22, 2013 2:03pm May 22, 2013 2:03pm
Quoting tomspin
{quote} If you place 100 pips sl that mean you are not in the right place and not confident about your entry, this is not good RR even if you target 400 pips profitYou could have a better RR if you buy 2812 pivot with stops below yesterdays low.This is friendly advice, in FX cutting risk is everything
Yeah well- thanks but I think it's the right fit for my strategy. More problematic is that I just realized not all my entry criteria were actually met so exited with a few pips. Waiting a few more days I guess.
  • #800,347
  • May 22, 2013 2:05pm May 22, 2013 2:05pm
Multiday ABC completion confirmed along 2870 break on H1 / H4 basis -> next (probably last) multi day impulse down has now commenced. Targets at fresh MW lows at 2760-2780 initially, possibly 2720-40 area (to be revised, yet). That will complete FIRST MW impulse down, after which market is prone for visits well above 3000, even up to and thru 3050+ even, market will foretell upon further PA.
Patience, persistence and probabilities.
  • #800,348
  • May 22, 2013 2:05pm May 22, 2013 2:05pm
Quoting gatorinla
{quote} we went to the 2982 target.. it completed. we usually pullback soon after... 2862 is still normal before 3062.. so why not tp at target 2982 area.. instead of giving it back? and just look to L at signal and after 2862 area
watching
those who can, do. those who cant, talk about those who can
  • #800,349
  • May 22, 2013 2:06pm May 22, 2013 2:06pm
Gator,

What's your magic. I watch you know the exact timing on some things. Before I can even learn how to watch my dog make his marking patterns on the trees, I need to know where this dog park is that you make these observations. I wish I could learn this stuff that you know.

Are you saying a bounce only to 2855 or 2918? I did not know if 2818 was a typo or if you referring to a LL to 2818 and a bounce. I know you said good bounces in EU are around 40 pips so I was targeting the 2870 area.

Thanks
  • #800,350
  • May 22, 2013 2:06pm May 22, 2013 2:06pm
Quoting Ambar
{quote}Time for your longs . H1 candle ends above 28.40
5mn not ready for me...i'll wait
COT: The precious data ignored
  • #800,351
  • May 22, 2013 2:11pm May 22, 2013 2:11pm
Grr- conditions were indeed met. My rules got so convoluted it gets confusing.
  • #800,352
  • May 22, 2013 2:16pm May 22, 2013 2:16pm
Quoting IMARICH1
Gator, What's your magic. I watch you know the exact timing on some things. Before I can even learn how to watch my dog make his marking patterns on the trees, I need to know where this dog park is that you make these observations. I wish I could learn this stuff that you know. Are you saying a bounce only to 2855 or 2918? I did not know if 2818 was a typo or if you referring to a LL to 2818 and a bounce. I know you said good bounces in EU are around 40 pips so I was targeting the 2870 area. Thanks

always quote the post.
always put the lines on a chart.. it will make things easier for u
those who can, do. those who cant, talk about those who can
  • #800,353
  • May 22, 2013 2:16pm May 22, 2013 2:16pm
Seems good oportunity for going long at. 1.28400, but probably to many people are jumping in, so I stay and watch.
Stop going for the easy buck
  • #800,354
  • May 22, 2013 2:16pm May 22, 2013 2:16pm
Quoting SpacyTrader
Grr- conditions were indeed met. My rules got so convoluted it gets confusing.
Maybe you should have waited for London tomorrow to get a better signal...at least wait for the daily to turn up.
COT: The precious data ignored
  • #800,355
  • May 22, 2013 2:17pm May 22, 2013 2:17pm
Quoting kuroro001
{quote} Maybe you should have waited for London tomorrow to get a better signal...at least wait for the daily to turn up.
Yeah. It's a bit scary catching falling knives like that.
  • #800,356
  • May 22, 2013 2:24pm May 22, 2013 2:24pm
Quoting gatorinla
{quote} always quote the post.always put the lines on a chart.. it will make things easier for u
Sorry, I forgot. My problem is I have lines on my chart from 2008 when I was following you. Any number you post to watch for I add a line. I have more lines on my charts than you can imagine. It seems as if the lines change and what was once good R or S is no longer and so do you remove that line?

I went LONG at 2860 and 2840. I was looking to close out of my LONG on this bounce up but it didn't develop. Looking at closing my LONGS and taking a small loss and wait for PA to reveal if it is going LOWER. I have been watching the USDX all day and it cant seem to get above the 84.50 area again. This was sign to me EU would go higher.

I am wondering if the SPX (ES) and the EU will every go back to one goes up and the other goes down. I think you and Sisse discussed the correlation topic. As a result, I have been mainly watching USDX. It is showing me their is still SUPPLY in the 84.50 area.

I can spot support and resistance but you have key levels and numbers and there is a system you've worked hard to develop. It appears Mr. Hatch has found a way to understand some of it. I can only hope I find the dog park. Right now Im the only one pissing on trees!

Looks like a W formation in the works too.
Attached Image (click to enlarge)
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  • #800,357
  • May 22, 2013 2:26pm May 22, 2013 2:26pm
Quoting SpacyTrader
{quote} Yeah. It's a bit scary catching falling knives like that.
I've bought a bit and small too...i'm not scared

Let's see what tomorrow will be
COT: The precious data ignored
  • #800,358
  • Edited 3:26pm May 22, 2013 2:29pm | Edited 3:26pm
sub 2834 is what i see on the daily, for bears. we got 90 m left.. 2905 is good for bulls..atm at 2842
those who can, do. those who cant, talk about those who can
  • #800,359
  • May 22, 2013 2:34pm May 22, 2013 2:34pm
Quoting tomspin
{quote} If you place 100 pips sl that mean you are not in the right place and not confident about your entry, this is not good RR even if you target 400 pips profitYou could have a better RR if you buy 2812 pivot with stops below yesterdays low.This is friendly advice, in FX cutting risk is everything

Depends on your personality.... if you ask me...
  • #800,360
  • May 22, 2013 2:34pm May 22, 2013 2:34pm
Quoting IMARICH1
{quote} Sorry, I forgot. My problem is I have lines on my chart from 2008 when I was following you. Any number you post to watch for I add a line. I have more lines on my charts than you can imagine. It seems as if the lines change and what was once good R or S is no longer and so do you remove that line? I went LONG at 2860 and 2840. I was looking to close out of my LONG on this bounce up but it didn't develop. Looking at closing my LONGS and taking a small loss and wait for PA to reveal if it is going LOWER. I have been watching the USDX all day...

sp and usd went up together in norm times.. the fed crap is not normal times. its telling me, the fed is losing control..
those who can, do. those who cant, talk about those who can
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