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EURUSD

  • #828,261
  • Aug 22, 2013 3:00am Aug 22, 2013 3:00am
Quoting cdndollar
{quote} Market rarely move in a straight line.. it took the mofu bullies 2 no news days from Thursday to do the 1st touch party up at the tofu zone.. so patience & good MM is needed if one is looking for those multi-figure paydays.. anyways, as for "RULES", perhaps we are looking at the RULES through different lens as what is weakness to you may be strength to me.. no?
I agree with that statement, every single trader has a unique colored glass & sees a different picture, else there won't be a market.
  • #828,262
  • Aug 22, 2013 3:03am Aug 22, 2013 3:03am
Quoting chazzle
DX H4 H1 break and retest? would like to see a bit more of a dip to short EU {image} {image}
cable looks weaker , so shorting that instead - toward 15580
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  • #828,263
  • Aug 22, 2013 3:08am Aug 22, 2013 3:08am
Quoting chazzle
{quote} of course I do but what I was getting at was ... how do you find these levels?
With enough number of posts anyone can learn anyone else' method

How do I find them on charts? I'm not yet any good at that, I'm trying & needed help that's the reason why I asked that question in the first place.
  • #828,264
  • Aug 22, 2013 3:12am Aug 22, 2013 3:12am
Quoting cdndollar
{quote} Market rarely move in a straight line.. it took the mofu bullies 2 no news days from Thursday to do the 1st touch party up at the tofu zone.. so patience & good MM is needed if one is looking for those multi-figure paydays.. as for "RULES", perhaps we are looking at the RULES through different lens as what is weakness to you may be strength to me.. no?

okay we all gonna make money in the end...its 3 weeks price have been rejected of 1.33XX let see how this week close ...i love to buy from demand and sell supply
MY OPINION NOT FINANCIAL ADVISE
  • #828,265
  • Aug 22, 2013 3:15am Aug 22, 2013 3:15am
Quoting OfWolfAndMan
{quote} With enough number of posts anyone can learn anyone else' method How do I find them on charts? I'm not yet any good at that, I'm trying & needed help that's the reason why I asked that question in the first place.
did you ever see this? I think Ally put it together from G's posts
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File Type: pdf Gleneagles.pdf   112 KB | 572 downloads
  • #828,266
  • Aug 22, 2013 3:15am Aug 22, 2013 3:15am
cable u the best
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Click to Enlarge Name: Screenshot1.png Size: 94 KB
MY OPINION NOT FINANCIAL ADVISE
  • #828,267
  • Aug 22, 2013 3:16am Aug 22, 2013 3:16am
Quoting OfWolfAndMan
{quote} Horizontal levels 20pip apart, used mainly on EURUSD to scalp between those levels for 12, 15 or 20pips & Don't tell me you don't remember Gleneagles or AllyB.


Like this ?
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_06 Aug. 22 10.14.jpg Size: 58 KB
" Never let the past hold the future to ransom "
  • #828,268
  • Aug 22, 2013 3:18am Aug 22, 2013 3:18am
Quoting OfWolfAndMan
{quote} 3302 is a norm, I have a pending l @ 3295. Is 3380 a st bull target?
we still have yet to close outside the high sea candle... just giving more importance to the levels from that... overall, i would say the high sea candle is slightly bullish so a visit to 1.338 should be possible to test the market... so far we have mostly been below 1.33496....
it is highly likely that i'm wrong... so dont follow me!
  • #828,269
  • Aug 22, 2013 3:24am Aug 22, 2013 3:24am
Quoting Gleneagles
{quote} Like this ? {image}

That's exactly what I'm talking about.. Thanks for coming here,

Chief, I've been using your dustbin levels for a while with decent success on demo, but still not confident enough to go live
I think I'm lacking sth & I need to figure what it is & then fix it.

These are my levels for today.
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  • #828,270
  • Aug 22, 2013 3:25am Aug 22, 2013 3:25am
Quoting Gleneagles
{quote} Like this ? {image}
I knew you were there somewhere
  • #828,271
  • Aug 22, 2013 3:26am Aug 22, 2013 3:26am
Quoting OfWolfAndMan
{quote} That's exactly what I'm talking about.. Thanks for coming here, Chief, I've been using your dustbin levels for a while with decent success on demo, but still not confident enough to go live I think I'm lacking sth & I need to figure what it is & then fix it. These are my levels for today. {image}
Close enough

Use 5M chart to monitor PA , it is easier to pick up changes in PA and price patterns
" Never let the past hold the future to ransom "
  • #828,272
  • Aug 22, 2013 3:27am Aug 22, 2013 3:27am
Quoting chazzle
{quote} I knew you were there somewhere

Lurking....looking for lunch and beermoney
" Never let the past hold the future to ransom "
  • #828,273
  • Aug 22, 2013 3:32am Aug 22, 2013 3:32am
Quoting Gleneagles
{quote} Lurking....looking for lunch and beermoney
I don't think you'll have too much trouble today - post FOMC and all that
  • #828,274
  • Aug 22, 2013 3:33am Aug 22, 2013 3:33am
Quoting Gleneagles
{quote} Close enough Use 5M chart to monitor PA , it is easier to pick up changes in PA and price patterns

Okay Chief, How about intraday trends & higher TF PA like H4 closes ?
  • #828,275
  • Aug 22, 2013 3:34am Aug 22, 2013 3:34am
If we are in a downtrend then 13400 would be a 61.8% fib retrace. Any move down would confirm that thus ending wave 2 up. Current pivot point is 13369.7
  • #828,276
  • Aug 22, 2013 3:38am Aug 22, 2013 3:38am
Quoting OfWolfAndMan
{quote} Okay Chief, How about intraday trends & higher TF PA like H4 closes ?

For me it is purely short term trend and PA trading , H4 is too big , intraday trends you can pick up from PA around levels and trading
the bounces.
" Never let the past hold the future to ransom "
  • #828,277
  • Aug 22, 2013 3:40am Aug 22, 2013 3:40am
Quoting chazzle
{quote} I don't think you'll have too much trouble today - post FOMC and all that

Hope so , just looking to grab a few green ones between levels , trading EU this time of year can be a challenge
" Never let the past hold the future to ransom "
  • #828,278
  • Aug 22, 2013 3:46am Aug 22, 2013 3:46am
Quoting Gleneagles
{quote} For me it is purely short term trend and PA trading , H4 is too big , intraday trends you can pick up from PA around levels and trading the bounces.
I am now waiting for the H4 candle to close to get an overall intraday sentiment, 14mins left, Do you consider anything like that on the higher TFs?
I'm using 8pip SL & 12,15 pip TP
  • #828,279
  • Aug 22, 2013 3:56am Aug 22, 2013 3:56am
looks like 3360's will be the top for now - until 3290, after which - bul ltrend should continue again
69
  • #828,280
  • Aug 22, 2013 4:03am Aug 22, 2013 4:03am
Quoting OfWolfAndMan
{quote} I am now waiting for the H4 candle to close to get an overall intraday sentiment, 14mins left, Do you consider anything like that on the higher TFs? I'm using 8pip SL & 12,15 pip TP
3380-3385 swing level intraday for me

below bearish
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" Never let the past hold the future to ransom "
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