{quote} What's IBM trading? As in the stock?
I want more brain power!
- #4,942
- Aug 19, 2013 12:23pm Aug 19, 2013 12:23pm
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
{quote} Im Bagging Money ???
- #4,943
- Aug 19, 2013 12:29pm Aug 19, 2013 12:29pm
{quote} Me think a proper fall is developing.eurusd will consider that top again from a number below 1.3335
.I currently have only one price mismatch awaiting clearance which is at 1.33146 and was formed by both M1 and M15 at 9.30-9.41 this morning (Alpari time). i.e. stoch reached zero but was not matched by a new semafor. This target has served me very well today but, respecting your judgement that 1.3310 is the intermediate bottom (and the fact that we are at a point of heavy resistance), I have exited most of my position in case it reaches a new high in the meantime. On past experience however, I am confident it will revisit 1.3314 in the not too distant future.
- #4,947
- Aug 19, 2013 2:23pm Aug 19, 2013 2:23pm
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
Please excuse my ignorance, but how does the phenomena help to determine something which is not otherwise available? I understand the delta is created by development of an impulsive move. Stochastic on shorter timeframe is faster i.e. gets new candle closes as old candles fall off the calculation while on higher timeframe price still works on the same candle. Consolidation zone around the divergence hot spots are likely representing support and resistance zone anyway. I have not noticed in the posted examples that the hot spots are attractive to...
{quote} lol. are you on the correct thread?
- #4,951
- Aug 19, 2013 4:11pm Aug 19, 2013 4:11pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- #4,953
- Edited 8:35pm Aug 19, 2013 7:45pm | Edited 8:35pm
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
- #4,956
- Aug 20, 2013 1:04am Aug 20, 2013 1:04am
{quote} How do you go about time projections?
The only problem is that while reading 1 post you will experience 3 new coming, LOL
But all this, all these views, questiona, answers, explanations, analysis help in understanding the principle and its application.
Time matters most
- #4,957
- Aug 20, 2013 1:56am Aug 20, 2013 1:56am
Daily chart.
Usig template from EURUSDD
When looking carefuly... I marked with red verticals three dissimilarities on the chart (didn't look for more for now).
first one 24/7, you can see that on the following day price is going where it started, it looks like similarity is back on that day also
31/7: following day price eats the low of the candle and similarity is restored on that day, but top of the candle is passed on 7/08
14/08: similarity restored on the following day, dissimilarity candle eaten.
EDIT: These candles shall be corrected after similarity is restored, could it be the like above?
There is small piece to be corrected yet, not marked here. If I'm riht we need to go for 1.34088 at least. this will also make this ZigZag looking nicer
The question is... time. it may coincide with FED statement or other interesting information finance word is waiting for, however EURUSDD presented here also some "nonsense" moves, technical corrections, probably not the case here.
Usig template from EURUSDD
When looking carefuly... I marked with red verticals three dissimilarities on the chart (didn't look for more for now).
first one 24/7, you can see that on the following day price is going where it started, it looks like similarity is back on that day also
31/7: following day price eats the low of the candle and similarity is restored on that day, but top of the candle is passed on 7/08
14/08: similarity restored on the following day, dissimilarity candle eaten.
EDIT: These candles shall be corrected after similarity is restored, could it be the like above?
There is small piece to be corrected yet, not marked here. If I'm riht we need to go for 1.34088 at least. this will also make this ZigZag looking nicer
The question is... time. it may coincide with FED statement or other interesting information finance word is waiting for, however EURUSDD presented here also some "nonsense" moves, technical corrections, probably not the case here.
Time matters most