Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #892,481
- Apr 25, 2014 12:04am Apr 25, 2014 12:04am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
- #892,484
- Apr 25, 2014 12:09am Apr 25, 2014 12:09am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote} i'm not talking to you
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #892,485
- Apr 25, 2014 12:21am Apr 25, 2014 12:21am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #892,486
- Apr 25, 2014 12:45am Apr 25, 2014 12:45am
- Joined Jun 2010 | Status: Hello,Mr.Market | 1,806 Posts
{quote} confused.it can't break 1.3850 area.really have no idea where it will go between 1.3880 and 1.3810 range. stay out until break-through. {image}
wait.
A chart helps those who can read it.
- #892,487
- Apr 25, 2014 1:03am Apr 25, 2014 1:03am
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
{quote} Fair comments, however I really do have exams soon, may 13th is my first. And uni is quite important. But come early July I am more than happy to partake in a small traing contest, and infact quite look forward to it. But I thank you for stepping in, magix is getting rather heated and rude is his commentary. Thanks you, and I'm merely postponing it, not saying noI would say follow me on twitter as I update there as opposed to here, but I'm also stopping tweeting come Wednesday so....
- #892,488
- Apr 25, 2014 1:18am Apr 25, 2014 1:18am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #892,489
- Apr 25, 2014 1:25am Apr 25, 2014 1:25am
- | Joined Aug 2013 | Status: "Don't follow me i'm already lost " | 1,136 Posts
Re-Incarnated
- #892,490
- Apr 25, 2014 1:30am Apr 25, 2014 1:30am
- Joined Aug 2011 | Status: Trader | 4,956 Posts
{quote} Matt, I like you...not in that man love kind of way...just have read through your posts and you are not one of the people here that get on my nerves. That being said, you may take exception to my next comments as I have to use your chart as a prime example of trend lines being relatively moot... Ya see, Matt... Market is like this... Buyers support a zone by buying when price dips below or to their supported zone. Sellers support a zone by selling when price rises above or to their resisted zone... When resistance is broken, it gets tested...
Hey Magic. It's all good, I am thick skinned and appreciate any constructive criticism. I like your chart it shows the levels clearly. I basically trade with a similar idea. I am looking for the BO points which are developed during the consolidation of S/D. I am probably more aggressive trading these BO's because I am looking at what's happening in the consolidation and choose a direction earlier than most imo. It probably gives me more false leads but that is offset by better R:R. I am also cross-referencing to other currencies. The UJ broke a major 4hr TL as did the ECad, both recovered quickly however so it maybe one of the fake outs as UC is starting to climb again. (Edit: starting to drop again as about to post msg)
These are a few of the TL's I am looking at. I look for BO's and candle divergence (pa falling short from a TL on pullback/trend, a bit like a H&S though it can still be a LL or HH of the TF). The major break I saw was yesterday of the Aqua TL to the down side.
I use this strategy prob cos I can't see it too clearly so have to colour it in black and white as much as I can (I think that's a conflict of terms?). Maybe in another couple of years I will be able to see the picture more clearly without having to draw so many lines
Thanks again I appreciate your feedback
As the lights go by so too do the shadows move
- #892,491
- Apr 25, 2014 1:41am Apr 25, 2014 1:41am
- Joined Mar 2011 | Status: Bullish Behavior | 3,182 Posts
- #892,492
- Apr 25, 2014 2:06am Apr 25, 2014 2:06am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #892,493
- Apr 25, 2014 2:18am Apr 25, 2014 2:18am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #892,496
- Apr 25, 2014 2:32am Apr 25, 2014 2:32am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} me too @3830, sl moved to 3831, tp 3849
Wherever you go, there you are.
- #892,497
- Apr 25, 2014 2:35am Apr 25, 2014 2:35am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #892,498
- Apr 25, 2014 2:37am Apr 25, 2014 2:37am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #892,499
- Apr 25, 2014 2:41am Apr 25, 2014 2:41am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.