- #892,542
- Apr 25, 2014 4:38am Apr 25, 2014 4:38am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #892,543
- Apr 25, 2014 4:42am Apr 25, 2014 4:42am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #892,545
- Apr 25, 2014 4:50am Apr 25, 2014 4:50am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
{quote} Unfinished work is mostly because of the so called gap, i don't see other reasons than that IMO. What is your analysis based on ? PA ? Waves ? A run up, a fall, then another run up, if you can predict the future like that i advice you to play Lotto manATM i'm seeing too many short term sellers, i won't jump on the long train, but all the best with your trades!
Im a position builder and enter trades purely based on Failure Swings... i trade 100% TA and price action, i keep my charts clean and simple. All traders MUST have a ST,MT and LT view otherwise what is you plan and goal?
As i have posted many times before (if bothered have a look at my post: 890770)
PS: These short term seller are mainly retails traders and again i have stated that they are over powered 3 to 1 by large institutions and hedge funds.
Anyway, whatever happens profits are protected and that is key, thanks for the kind wishes for my trades, likewise!
Cheers!!
- #892,547
- Apr 25, 2014 5:00am Apr 25, 2014 5:00am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #892,550
- Apr 25, 2014 5:16am Apr 25, 2014 5:16am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} Classic breakout move volume based. Prior to the breakout above 1.3840 you had a small pin bar with increasing volume (most of the time they lead to a break up) And the next one has medium vol (nothing special about this bar)...followed by a reversal candle...actually 2 reversal candles (2 red bars with high volume). But its only m5 so i don't know if we'll go far down or stop at the breakout area. I still side with the bears though
Wherever you go, there you are.
- #892,552
- Apr 25, 2014 5:35am Apr 25, 2014 5:35am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} ok thank for sharing, I do not know much about volume in forex,. I give very detail attention to each bar in the overall contest, the bar before the pin bar, is a strong trend bar, following a pin bar at resistance (bear trapped), that trend bull bar opened at its low and closed at its hight and his length is above the average bars, now prices pulled back to the broken TL and 20 ema, which is a good place for bulls to test the recent high for partial profits….. I did not take this one because I am typing..
EU is really crap.
I'd say the week is over already, unless NY moves his ass which it does once in a month...geez
COT: The precious data ignored
- #892,553
- Apr 25, 2014 5:38am Apr 25, 2014 5:38am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #892,554
- Apr 25, 2014 5:41am Apr 25, 2014 5:41am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} Scalp is good, especially when the market is like this…..a scalp here and a scalp there, the market went nowhere (as usual) but the scalper did.
I'm checking oil to trade....that shit looks good. One trading day there is way better than a week with EU - maybe 2 !
COT: The precious data ignored
- #892,555
- Apr 25, 2014 5:47am Apr 25, 2014 5:47am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} Scalping EU only? I'm checking oil to trade....that shit looks good. One trading day there is way better than a week with EU - maybe 2 !
Done for the day…Have a great WE.
Wherever you go, there you are.
- #892,557
- Apr 25, 2014 6:01am Apr 25, 2014 6:01am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} I do not know about oil, I have not traded before, I will have a look…... certainly this eu has many levels and makes it difficult to find enough space to make profits, I also trade gu, but today news were coming out and I decided to focus only on eu, the way I trade ,one instrument is plenty, actually 3 hours on it is more than enough, need to be very vigilant, participating in ff is not the ideal. Done for the day…Have a great WE.
COT: The precious data ignored
- #892,559
- Apr 25, 2014 6:10am Apr 25, 2014 6:10am
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
