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  • #822,041
  • Aug 6, 2013 9:51pm Aug 6, 2013 9:51pm
Quoting ffleo
{quote} i do not think this 3300 is a big fight area. there were so many pushes that stopped just at 3300. why they stopped almost exactly at the same place? if big boys fight here, the pauses should not all be at the same place. some should be higher and some should be lower. The pushes down also paused at almost the same place. they make it looks like a fight zone, actually it is not.
Yeah, I just chalk it up to summer trading. Once we get an established direction late summer I'll be more happy to get back on the swinging bandwagon.
  • #822,042
  • Aug 6, 2013 9:56pm Aug 6, 2013 9:56pm
Quoting ffleo
{quote} i do not think this 3300 is a big fight area. there were so many pushes that stopped just at 3300. why they stopped almost exactly at the same place? if big boys fight here, the pauses should not all be at the same place. some should be higher and some should be lower. The pushes down also paused at almost the same place. they make it looks like a fight zone, actually it is not.
if 3300 was defended so hard, why it was pushed through so easily in the new york session without a hard push down back? now the price just drifts around 3300 like nobody has noticed it.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,043
  • Aug 6, 2013 10:00pm Aug 6, 2013 10:00pm
Quoting ffleo
{quote} if 3300 was defended so hard, why it was pushed through so easily in the new york session without a hard push down back? now the price just drifts around 3300 like nobody has noticed it.
As attila rightfully says... we need price to feck as many people as possible first. LOL

If you want my random prediction, I'm going to say... we will form a high of sorts (were kinda doing that). So we look like it's ready to go short. Once everyone jumps on the short bus, we are going to slam to a new high. Bears are done for, and doing this makes price look like we have now created a HH. The difference here, is that we are going to slide into an old supply zone from June. This is where the real sellers are at. Now that it looks like we were going short, the new HH now makes it look like we are suppose to go long, fully setting up the market to make a new LL and destroy all bulls along the way.

So... LL to HH to LL. Those plays are great, and its the market at it's most obnoxious, and interestingly enough...most consistent.
  • #822,044
  • Aug 6, 2013 10:05pm Aug 6, 2013 10:05pm
Quoting ffleo
{quote} i do not think this 3300 is a big fight area. there were so many pushes that stopped just at 3300. why they stopped almost exactly at the same place? if big boys fight here, the pauses should not all be at the same place. some should be higher and some should be lower. The pushes down also paused at almost the same place. they make it looks like a fight zone, actually it is not.

nope, there is a difference between S/R and battle zones and players levels, it is more about "order flow"

players or big boy or whatever you want to call them, find their level, and place their order,s that can be now, last week, last month or last year etc eg sellers decide xx00 is their level of interest, as buyers push up price, when they tap this level, their orders are absorbed until sell order are gone, and price drops, this will repeat over and over at the same level, until the buy orders exceed the sell orders, this is now a battle zone, equilibrium, market needs fresh sellers to maintain the original level, ping pong ensues until winner, whoever win generally is shown by powerful drive, often taking out stops, this can accelerate and continue, or buyers can start profit taking, and pa will retrace and retest the original level, this is also normal pa, normal battling, if buyers exceed sellers this is either trend reversal or continuation, and depending what tf watching can be a considerable direction move

so, your idea for battle zone is not correct, if you cant define the difference, by the time you do, battle is actually over and pa has moved on. so if pa is sideways your best option is to sit on sidelines and wait for direction
If you are new to Forex? Say Goodbye to your account!!
  • #822,045
  • Aug 6, 2013 10:09pm Aug 6, 2013 10:09pm
Quoting Venice
{quote} As attila rightfully says... we need price to feck as many people as possible first. LOL If you want my random prediction, I'm going to say... we will form a high of sorts (were kinda doing that). So we look like it's ready to go short. Once everyone jumps on the short bus, we are going to slam to a new high. Bears are done for, and doing this makes price look like we have now created a HH. The difference here, is that we are going to slide into an old supply zone from June. This is where the real sellers are at. Now that it looks like...
yes yes this one and last post very nice, much better than my babbling
If you are new to Forex? Say Goodbye to your account!!
  • #822,046
  • Aug 6, 2013 10:13pm Aug 6, 2013 10:13pm
Quoting ffleo
{quote} i do not think this 3300 is a big fight area. there were so many pushes that stopped just at 3300. why they stopped almost exactly at the same place? if big boys fight here, the pauses should not all be at the same place. some should be higher and some should be lower. The pushes down also paused at almost the same place. they make it looks like a fight zone, actually it is not.
on larger charts it is. some dummie metioned this before we got here.
those who can, do. those who cant, talk about those who can
  • #822,047
  • Aug 6, 2013 10:19pm Aug 6, 2013 10:19pm
Quoting gatorinla
{quote} on larger charts it is. some dummie metioned this before we got here.
last time we got here before the 3417(8) drop there was hardly fight. probably this time people see it touching a falling trendline?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,048
  • Aug 6, 2013 10:37pm Aug 6, 2013 10:37pm
Still positioned short but do not like it consolidating. I'm guessing the central banks are going to be pushing the price down--at least that's my hope. I'd like to see a 100+ pip run on this.
Taigen Profit This Month: na
  • #822,049
  • Aug 6, 2013 10:42pm Aug 6, 2013 10:42pm
Quoting Taigen
Still positioned short but do not like it consolidating. I'm guessing the central banks are going to be pushing the price down--at least that's my hope. I'd like to see a 100+ pip run on this.

periods like this always have that effect. Gives you more and more time to question yourself and worry.

Stay with your plan.
Money never sleeps...
  • #822,050
  • Aug 6, 2013 10:45pm Aug 6, 2013 10:45pm
Quoting inpatient
{quote} periods like this always have that effect. Gives you more and more time to question yourself and worry. Stay with your plan.
yup protect and switch off platform your plan will be either right or wrong, watching will create imaginary problems
If you are new to Forex? Say Goodbye to your account!!
  • #822,051
  • Aug 6, 2013 10:49pm Aug 6, 2013 10:49pm
Quoting KiwiTrada
{quote} yup protect and switch off platform your plan will be either right or wrong, watching will create imaginary problems
and stress
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,052
  • Aug 6, 2013 10:55pm Aug 6, 2013 10:55pm
the monthly bars of usdjpy look bearish
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,053
  • Aug 6, 2013 10:56pm Aug 6, 2013 10:56pm
Quoting ffleo
{quote} and stress
yup stress is biggest enemy causes illness plus making mistakes, impatience to get in and impatience to get out both hurts account

aussie 1hr aussie 1hr, she is in no mans land, with equal potential for up or down, up I have august open todays open and psyc 90c, plus other shit, below is minor fences previous lows, opens etc, but the inverted H&S has played out and we now have a possible double top in place, so rather than watch every little pop / dip, I prefer to not have her up and watch another pr or good movie, instead, or have a nap, have decided a nap bbl
Attached Image (click to enlarge)
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If you are new to Forex? Say Goodbye to your account!!
  • #822,054
  • Aug 6, 2013 10:59pm Aug 6, 2013 10:59pm
Quoting ffleo
{quote} last time we got here before the 3417(8) drop there was hardly fight. probably this time people see it touching a falling trendline?

maybe that's true, maybe its not... all i know is, the bears have done all they needed to do for a large drop except -2743. and 2743 is more a medium term level
those who can, do. those who cant, talk about those who can
  • #822,055
  • Aug 6, 2013 11:11pm Aug 6, 2013 11:11pm
gone long on AU...
been there done that, Good Bye
  • #822,056
  • Aug 6, 2013 11:29pm Aug 6, 2013 11:29pm
Quoting WhiteHorse
gone long on AU...
brave man i wouldnt
  • #822,057
  • Aug 6, 2013 11:33pm Aug 6, 2013 11:33pm
Quoting nawafasad1
{quote} brave man i wouldnt
AU is still stucked in an undecisive range.
The true fact is market doesn't care, risk mgt is important.
  • #822,058
  • Aug 6, 2013 11:34pm Aug 6, 2013 11:34pm
Quoting ffleo
{quote} last time we got here before the 3417(8) drop there was hardly fight. probably this time people see it touching a falling trendline?

shit happens. we got people here going short at 3262 and saying they were long all day.. mofus are fake.. we have others here like 3300.3, and also 328x.... and a few others
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those who can, do. those who cant, talk about those who can
  • #822,059
  • Aug 6, 2013 11:35pm Aug 6, 2013 11:35pm
Quoting Ssm
{quote} AU is still stucked in an undecisive range.

At this point every thing is in an undecisive range
A good trader follows his rules, but great trader knows when to break them
  • #822,060
  • Aug 6, 2013 11:44pm Aug 6, 2013 11:44pm
usd/cad is a better set up for a buy . the buy is at 1.03557 add spread sloss 15 pips as the traingle will be invalid
Attached Image (click to enlarge)
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