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  • #2,601
  • May 27, 2014 12:10pm May 27, 2014 12:10pm
Hi,guys. Power 1 on Dow Jones 4H.I thinks all the indexes will go south, but we'll see. I will wait for entry short at 16670-16675. Trade safe.Z
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  • #2,602
  • May 27, 2014 1:10pm May 27, 2014 1:10pm
Bearish power gold H1...added to my short...fingers crossed
  • #2,603
  • Edited May 28, 2014 4:28am May 27, 2014 1:17pm | Edited May 28, 2014 4:28am
Quoting DrPippy
Hey guys this looks like it might be good, 4H GBP/USD possible AB=CD piviot + 200 SMA {image}
=======
hi , whats ur take on short gbp/jpy shortTerm = TIA 4 ur response.
  • #2,604
  • May 27, 2014 2:01pm May 27, 2014 2:01pm
how do yu people see GOLD in Asian hours?? Short or Long?
  • #2,605
  • May 27, 2014 2:26pm May 27, 2014 2:26pm
Quoting Ramii
how do yu people see GOLD in Asian hours?? Short or Long?
I'm nursing a small short for now, have a bigger sell limit waiting upthere in 1272..The breakout of the recent consolidating triangle should lead to 125x area at least...Also, from previous experience, when gold is trending, it can easily drops like $15-20 a day for 3-4 straight days with maximum 38.2 retracement...so I think we are early in the downtrend..there is much to catch there...it may even fall to 1180 straight in a few daysThat was slightly bold view from me, take it with a pinch of salt...For me, it is about time to increase my risk exposure though...seldom see such a nice pattern Cheers
  • #2,606
  • May 27, 2014 2:39pm May 27, 2014 2:39pm
Hi guys. 5M Gartley on DAX .I know is end of the day and the market will stay open for another half hour. No new trade for me ,just want to share what I found. Trade safe.Z
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  • #2,607
  • May 27, 2014 2:43pm May 27, 2014 2:43pm
Quoting Zaho
Hi guys. 5M Gartley on DAX .I know is end of the day and the market will stay open for another half hour. No new trade for me ,just want to share what I found. Trade safe.Z {image}
thanks Zaho for this...I am already in this trade since this morning. There was pretty strong reason..see Nitsan post and subsequent reply. I am in for a longer term for this though
Cheers
  • #2,608
  • May 27, 2014 2:49pm May 27, 2014 2:49pm
Quoting Polaris4dy
{quote} thanks Zaho for this...I am already in this trade since this morning. There was pretty strong reason..see Nitsan post and subsequent reply. I am in for a longer term for this though Cheers
I am in as well. Will see what will happen tomorrow. Z
  • #2,609
  • May 28, 2014 12:57am May 28, 2014 12:57am
Quoting Zaho
Hi,guys. Power 1 on Dow Jones 4H.I thinks all the indexes will go south, but we'll see. I will wait for entry short at 16670-16675. Trade safe.Z {image}
I think there is another one like this in H8 on c oil Cheers
  • #2,610
  • May 28, 2014 1:04am May 28, 2014 1:04am
Quoting eklein
{quote} I think there is another one like this in H8 on c oil Cheers
Bullish Power or Bearish? I think you have pointed towards bearish Power. and if indexes go South then Gold will go North, just an assumption.
  • #2,611
  • May 28, 2014 1:25am May 28, 2014 1:25am
Quoting hamidshah.pk
{quote} Bullish Power or Bearish? I think you have pointed towards bearish Power. and if indexes go South then Gold will go North, just an assumption.
bearish
  • #2,612
  • May 28, 2014 2:05am May 28, 2014 2:05am
Hi guys. Color on 2H of pivot point.Hope will go down now. Any comments welcomed. Trade safe.Z
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  • #2,613
  • Edited 2:46am May 28, 2014 2:25am | Edited 2:46am
GBPUSD: Gartley plus pivot point plus 161.8 fibo plus SMA300 on H4
* tp:1.6145 sl: 1.6719

* Then Short @ 1.6145 because of a great Bearish Gartley

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If you do not know who you are, the Forex is the worst place to find you
  • #2,614
  • May 28, 2014 3:39am May 28, 2014 3:39am
http://www.babypips.com/blogs/espipi...pips%20Twitter
interesting read
  • #2,615
  • Edited 4:43am May 28, 2014 4:30am | Edited 4:43am
Any view on Gold anyone? currently trying to buy to the 38.2 or 50& fib retracement. Daily chart looks like forming a pin bar bouncing off monthly pivot S1 and weekly pivot S3...will close most of my long at 1273...
Have a really big position for sell limit at 1277 50fib retracement with tight stop and high R:R should it go there....hope it works out for today
*beware of marubozu candle on the daily chart yesterday..it is VERY strong...

Cheers
  • #2,616
  • May 28, 2014 4:57am May 28, 2014 4:57am
Quoting Polaris4dy
Any view on Gold anyone? currently trying to buy to the 38.2 or 50& fib retracement. Daily chart looks like forming a pin bar bouncing off monthly pivot S1 and weekly pivot S3...will close most of my long at 1273... Have a really big position for sell limit at 1277 50fib retracement with tight stop and high R:R should it go there....hope it works out for today *beware of marubozu candle on the daily chart yesterday..it is VERY strong... Cheers
On my chart yesterday does not look like a marubozu. It had tiny wicks on both sides. Can this still be considered a marubozu?
  • #2,617
  • May 28, 2014 5:05am May 28, 2014 5:05am
Quoting zaghloul
{quote} On my chart yesterday does not look like a marubozu. It had tiny wicks on both sides. Can this still be considered a marubozu?
yeah I think it doesn't has to be exact, basically just signifying how strong the bearish momentum is...(I am sure different broker timing will give different tail/no tail), also, gold is open basically 24x5 continuously, rather hard to define exact closing time
anyway, for others who are interested, this is a really good and rather comprehensive read for beginner http://www.forexpeacearmy.com/forex-...on-pro-banker/

pay attention to the candlestick chapter..it helps a lot
  • #2,618
  • May 28, 2014 5:08am May 28, 2014 5:08am
Quoting Polaris4dy
{quote} yeah I think it doesn't has to be exact, basically just signifying how strong the bearish momentum is...(I am sure different broker timing will give different tail/no tail), also, gold is open basically 24x5 continuously, rather hard to define exact closing time anyway, for others who are interested, this is a really good and rather comprehensive read for beginner http://www.forexpeacearmy.com/forex-...on-pro-banker/ pay attention to the candlestick chapter..it helps a lot
Its great link not only for beginners
  • #2,619
  • May 28, 2014 5:22am May 28, 2014 5:22am
Quoting vaknineyal
{quote} Its great link not only for beginners
yeah man, every once in a while I still read it so frequently...basically most of the tools are there
  • #2,620
  • May 28, 2014 5:31am May 28, 2014 5:31am
Quoting Polaris4dy
{quote} yeah man, every once in a while I still read it so frequently...basically most of the tools are there
Nice link. However, I think they stole it from babypips.com. Seems exactly like School of Pipsology (even the same fake military school theme).
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