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  • #80,181
  • Jun 20, 2014 6:47am Jun 20, 2014 6:47am
Quoting Ken A
{quote} Yes, so the perverts won't hit on me. I should probably choose a more feminine name such as Kacey?
you big flirt!!
o.k. i now pronounce you man (or woman) and wife...just don't live in russia
  • #80,182
  • Jun 20, 2014 6:52am Jun 20, 2014 6:52am
Quoting nealpek
a new area could be forming right now. if it continues lower,refer to my big mac chart!
Talking about these?
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  • #80,183
  • Jun 20, 2014 7:03am Jun 20, 2014 7:03am
i would be looking at around fib s2 and lower, waiting for another demand area to form first, as there is room for it to travel further south.
if i may be so bold, the most important thing on your chart is price, but its the least visible,just a note, all of those lines and dots and fib #'s should only at best, be used as a guide if you really feel the need. remember, no indicator ever influenced price, or made price go up or down, its really your own 'belief' that it actually works or makes a difference. if they really work,and everyone is using them, why do most traders lose money?...good luck
  • #80,184
  • Jun 20, 2014 7:08am Jun 20, 2014 7:08am
Quoting nealpek
i would be looking at around fib s2 and lower, waiting for another demand area to form first, as there is room for it to travel further south. if i may be so bold, the most important thing on your chart is price, but its the least visible,just a note, all of those lines and dots and fib #'s should only at best, be used as a guide if you really feel the need. remember, no indicator ever influenced price, or made price go up or down, its really your own 'belief' that it actually works or makes a difference. if they really work,and everyone is using...

Thanks, Still a noob and still blowing accounts! learning ... watched a few vids on supply and demand seems legit and rather less complex than the other thousands of indicators out there.
  • #80,185
  • Jun 20, 2014 7:13am Jun 20, 2014 7:13am
Quoting Arman_A
{quote} Thanks, Still a noob and still blowing accounts! learning ... watched a few vids on supply and demand seems legit and rather less complex than the other thousands of indicators out there.
it is less complex, and requires no indicators at all, other than straight lines, or rectangles. when you begin to train your eye on the true nature of how the market moves, you will discover that price can always touch some arbitrary line drawn in space. so what? focus on supply and demand areas, its the easiest and least complex method, and above all is really the secret sauce to trading...

edit:i know everyone will yell at me, but the only reason price reacts at the 25,000 different fib levels people have drawn is because the 'money' knows where these areas are, where you guys are buying and selling, and these areas are where 'they' are loading up for the pending next move. ever notice sometimes they work like a charm and other times fail miserably? why is that?... start yelling now!
  • #80,186
  • Jun 20, 2014 7:22am Jun 20, 2014 7:22am
A few possibilities?
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  • #80,187
  • Jun 20, 2014 7:24am Jun 20, 2014 7:24am
Quoting Ken A
{quote} Yes, so the perverts won't hit on me. I should probably choose a more feminine name such as Kacey?
LOL - good idea

Thats a really good idea actually ))
  • #80,188
  • Jun 20, 2014 7:26am Jun 20, 2014 7:26am
Quoting srt
A few possibilities? {image}
right on, the lower 1st scenario would be my preference, as fresh levels are very attractive...looks like it should get there, maybe not today....right at the close, lol
  • #80,189
  • Jun 20, 2014 7:35am Jun 20, 2014 7:35am
Quoting Ken A
{quote} Yes, so the perverts won't hit on me. I should probably choose a more feminine name such as Kacey?
http://www.smileyvault.com/albums/CB...imated-025.gif
Ghost Rider - WWTBMD?
  • #80,190
  • Edited 7:42am Jun 20, 2014 7:40am | Edited 7:42am
Good day AU

Intraday, I note two possible technical formations

for bulls, falling wedge present in the trend and appropriate formation but large and incomplete
for bears the potential is for the flat sided triangle

Bulls can accumulate @ .939xx level making the appropriate RR decision, bears will want the break out south of 93900 targets marked this is a high RR trade for whoever wins it

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  • #80,191
  • Jun 20, 2014 7:41am Jun 20, 2014 7:41am
Quoting albchr
{quote} {image}

Female problems , what do do eh?
  • #80,192
  • Jun 20, 2014 7:44am Jun 20, 2014 7:44am
Quoting nealpek
{quote} it is less complex, and requires no indicators at all, other than straight lines, or rectangles. when you begin to train your eye on the true nature of how the market moves, you will discover that price can always touch some arbitrary line drawn in space. so what? focus on supply and demand areas, its the easiest and least complex method, and above all is really the secret sauce to trading... edit:i know everyone will yell at me, but the only reason price reacts at the 25,000 different fib levels people have drawn is because the 'money'...

So my S&D levels looked good to you?
  • #80,193
  • Jun 20, 2014 7:47am Jun 20, 2014 7:47am
yes. when you have time, watch as many videos as you can on youtube... you'll begin 'seeing them better'
  • #80,194
  • Jun 20, 2014 7:53am Jun 20, 2014 7:53am
Quoting Feefee
{quote} Female problems , what do do eh?
Smile ... Secure in the knowledge that you'll always have the upper hand.
Ghost Rider - WWTBMD?
  • #80,195
  • Jun 20, 2014 7:54am Jun 20, 2014 7:54am
Quoting nealpek
yes. when you have time, watch as many videos as you can on youtube... you'll begin 'seeing them better'
Do you also think that the supply level around .943 I have on my chart has been tested too many times? Would it hold another test?
  • #80,196
  • Jun 20, 2014 8:01am Jun 20, 2014 8:01am
Quoting Arman_A
{quote} Do you also think that the supply level around .943 I have on my chart has been tested too many times? Would it hold another test?
in most cases, each time a level is touched, it becomes weaker. on another revisit, it would be probable that price could break through, because there are some attractive fresh supply levels within 100-150 pips or so, thats the play i'm gearing up for with this pair
  • #80,197
  • Jun 20, 2014 9:17am Jun 20, 2014 9:17am
Quoting Feefee
{quote} LOL - good idea Thats a really good idea actually ))




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  • #80,198
  • Jun 20, 2014 9:27am Jun 20, 2014 9:27am
futures didn't touch yet...
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  • #80,199
  • Jun 20, 2014 9:30am Jun 20, 2014 9:30am
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  • #80,200
  • Jun 20, 2014 9:38am Jun 20, 2014 9:38am
Quoting Arman_A
{quote} Thanks, Still a noob and still blowing accounts! learning ... watched a few vids on supply and demand seems legit and rather less complex than the other thousands of indicators out there.
Do you actually know how to calculate Fib S/R and pivot? Don't use it if you don't because useless without knowing the the reference. There're more than simple calculation to use the golden ratios to measure target but that's for another day.

See here how to calculate Fib S/R http://www.actionforex.com/markets/p...2010040952149/

Then make sure your data feed cutoff/rollover is 17:00 EST otherwise you are all alone out there.
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