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  • #899,321
  • May 20, 2014 12:33am May 20, 2014 12:33am
Quoting KiwiTrada
{quote} good, whether it holds is no really important there is a daily rising tl she is toying with now just below 93, I think all pshyc levels should be respected not necessarily traded but wary of, im thinkig shorts from higher should be squeezed and wait, if you looking to buy rr is not so bad where she is now, stop can be pretty small, but if support does break I got chunk of fresh air below, so I am going to wait, this week is going to be good with her or kiwi, if eu ever wakes up she could even put in a decent move, yen is screwing cable up...
aussie support was at 9310, it was broken already.

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ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #899,322
  • May 20, 2014 12:42am May 20, 2014 12:42am
Quoting ffleo
{quote} aussie support was at 9310, it was broken already. {image}
s&r is always subjective, 10 people could easily have 10 different levels, certain levels are obviously stronger than others, when confluence with other indi,s then timeframes again will show different levels, if someone uses levels that work for them good, they may not work for others, different trade plan, mm, sl placement etc
I normally like to see 25% of the previous range plus retest before considering level broken, often is just a pierce, and higher timeframes it barely even registers on chart
If you are new to Forex? Say Goodbye to your account!!
  • #899,323
  • May 20, 2014 12:44am May 20, 2014 12:44am
Quoting KiwiTrada
{quote} s&r is always subjective, 10 people could easily have 10 different levels, certain levels are obviously stronger than others, when confluence with other indi,s then timeframes again will show different levels, if someone uses levels that work for them good, they may not work for others, different trade plan, mm, sl placement etc I normally like to see 25% of the previous range plus retest before considering level broken, often is just a pierce, and higher timeframes it barely even registers on chart

But I do just have a 4hr candle close below 93
If you are new to Forex? Say Goodbye to your account!!
  • #899,324
  • May 20, 2014 12:45am May 20, 2014 12:45am
AC
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Wherever you go, there you are.
  • #899,325
  • May 20, 2014 12:53am May 20, 2014 12:53am
Quoting KiwiTrada
{quote} s&r is always subjective, 10 people could easily have 10 different levels, certain levels are obviously stronger than others, when confluence with other indi,s then timeframes again will show different levels, if someone uses levels that work for them good, they may not work for others, different trade plan, mm, sl placement etc I normally like to see 25% of the previous range plus retest before considering level broken, often is just a pierce, and higher timeframes it barely even registers on chart
true. Now we need to break 9288 on daily chart and close below it. When that happens, it is high potential down hill.

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ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #899,326
  • May 20, 2014 12:58am May 20, 2014 12:58am
Quoting KiwiTrada
{quote} But I do just have a 4hr candle close below 93
hey bro why you got on the iggy of rustyliar? I often give him a hard time, but you did nothing.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #899,327
  • May 20, 2014 1:02am May 20, 2014 1:02am
price at the uppertrendline...
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Wherever you go, there you are.
  • #899,328
  • May 20, 2014 1:03am May 20, 2014 1:03am
Quoting ffleo
{quote} true. Now we need to break 9288 on daily chart and close below it. When that happens, it is high potential down hill. {image}
the current week bar is red following previous doji bar. Monthly just turned red. Good sign for bear.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #899,329
  • May 20, 2014 1:05am May 20, 2014 1:05am
Quoting Davit
{quote} He was wrong on every trade that I took Sold GU he said buy going to 1.70-1.72 Sold AU he said going to 95 NOPE Sold EU he said going to 1.40+NOPE Sold A/CHF He said going to 85 Nope wrong again Had you followed him you would of gone broke!!! To make it more comical his comical bold screaming text just shows insecurity. Not even going to post his earthquake charts
i posted to his post i am short AU at 9366 and NU at 8654 , i differ with him and he start ignoring me........ he thinks he knows everything and everyone else dont know anything.
  • #899,330
  • May 20, 2014 1:06am May 20, 2014 1:06am
Quoting milam
price at the uppertrendline... {image}
I think the line is broken. There is hardly bounce
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #899,331
  • May 20, 2014 1:10am May 20, 2014 1:10am
Quoting ffleo
{quote} hey bro why you got on the iggy of rustyliar? I often give him a hard time, but you did nothing.
I dont know and I dont care,
If you are new to Forex? Say Goodbye to your account!!
  • #899,332
  • May 20, 2014 1:10am May 20, 2014 1:10am
Quoting ffleo
{quote} I think the line is broken. There is hardly bounce
Aussie is going to lower 92xx and possibly bounce there
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #899,333
  • May 20, 2014 1:13am May 20, 2014 1:13am
Quoting razaali
{quote} i posted to his post i am short AU at 9366 and NU at 8654 , i differ with him and he start ignoring me........ he thinks he knows everything and everyone else dont know anything.
I never saw any trades orders on his charts nor live call orders.Usually posted after a move that already had taken place.
To me its just amateurish crap.Ironically anyone with brains are on ignore list.Consider it as complement
In trading, you have to be defensive and aggressive at the same time
  • #899,334
  • May 20, 2014 1:15am May 20, 2014 1:15am
Quoting ffleo
{quote} I think the line is broken. There is hardly bounce
mate......as Kiwi stated, the line is a matter of subjectivity....... anyway lets suppose everybody place it as I did......a break needs to be carefully watched....the outcome can be various: break, false break, a failure of a false break, a break pullback, false breakout with break pullback and so on and on or price could just die there, meaning that line would not have any relevance at all, so my view is to be cautious......
Wherever you go, there you are.
  • #899,335
  • May 20, 2014 1:19am May 20, 2014 1:19am
Quoting maximinus
{quote} I preferred AJ thinking that Uj will tank with, but that's not the case yet, though in free?
Finally AJ catching AU.
Don't be smart. Be rich.
  • #899,336
  • May 20, 2014 1:22am May 20, 2014 1:22am
Quoting maximinus
{quote} Finally AJ catching AU.
It is the other way around in asian session, AU catches up with AJ. I keep a close eye ob AJ. That is why I think AU will tank
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #899,337
  • May 20, 2014 1:24am May 20, 2014 1:24am
Quoting ffleo
{quote} Aussie is going to lower 92xx and possibly bounce there
i think .915 will be bounce..... but im stuck long...again..
  • #899,338
  • Edited 1:36am May 20, 2014 1:24am | Edited 1:36am
Quoting milam
{quote} mate......as Kiwi stated, the line is a matter of subjectivity....... anyway lets suppose everybody place it as I did......a break needs to be carefully watched....the outcome can be various: break, false break, a failure of a false break, a break pullback, false breakout with break pullback and so on and on or price could just die there, meaning that line would not have any relevance at all, so my view is to be cautious......
Here is a post I posted recently which is relevant

Price goes into a zone and this could be 20-60pip.As you probably noticed there is usually 3 levels of s/r every time price comes to round numbers example --3720-37-3680 support is not broken if price lingers on 3680 its still in the zone.Price breaks 3680 and goes below 3670 then we can convincingly say 37 is done.Thus process continues to 50 less important number then again to 20-0-80
This is more realistic approach and more accurate.This movement has lot to do with stops placements and major orders.

So with that in mind 9320-93-9280 is in 93 zone

As long as you got the trend ,sentiment one can trade with numbers alone without charts.just pure price quotes.
20-0-80 then 50-20-0-80 and so on.
Interestingly lot of harmonic fib numbers land on 20 and 80
In trading, you have to be defensive and aggressive at the same time
  • #899,339
  • May 20, 2014 1:24am May 20, 2014 1:24am
Quoting ffleo
{quote} I keep a close eye ob AJ. That is why I think AU will tank
AU can retrace in the early LN session and UJ tank on the same time, that's why I choose AJ, but for the LT AUD is the best candidate for short i guess.
Don't be smart. Be rich.
  • #899,340
  • May 20, 2014 1:26am May 20, 2014 1:26am
Quoting ffleo
{quote} It is the other way around in asian session, AU catches up with AJ. I keep a close eye ob AJ. That is why I think AU will tank
Quoting maximinus
{quote} AU can retrace in the early LN session and UJ tank on the same time, that's why I choose AJ, but for the LT AUD is the best candidate for short i guess.
LOL
Don't be smart. Be rich.
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