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  • #261
  • Jul 16, 2014 7:40am Jul 16, 2014 7:40am
Quoting priceaction1
{quote} wow from Sweden, I was there at motala in1995. Trend, I do consider it in a loss seance not very rigid about it. there is time when price move in a direction and there is time when price move against that direction.I do trade against the so called trend too. but I know my limits.there are many other factors effecting upon trading decision.
Ok i see. How is Pakistan this time of year? 3 of my cousins are from Pakistan. My aunt moved there in the late 70s and fell in love with a dude there so she converted from Lutheranism to Islam. Then in the early 90s something like that they moved to Sweden.
My signature is: "Classified".
  • #262
  • Jul 16, 2014 11:04am Jul 16, 2014 11:04am
It's very hot out there 40C+ temperature.
don't predict direction, but dance with flow of water
  • #263
  • Jul 16, 2014 1:13pm Jul 16, 2014 1:13pm
some one ask for it so here it is. I am not using it any more bcz according to my believe price move these indicators not indicators move the price though they are good tool for possible turning of price direction at O/B and O/S.

also see. http://stockcharts.com/school/doku.p..._slow_and_full

https://charts.mql5.com/5/229/audnzd...g-point-of.png

https://charts.mql5.com/5/229/eurgbp...g-point-of.png

https://charts.mql5.com/5/229/audnzd...g-point-of.png

I have lot of these but no use, just lagging.
Attached File(s)
File Type: mq4 StochasticStack.mq4   6 KB | 448 downloads
File Type: ex4 StochasticStack.ex4   7 KB | 412 downloads
don't predict direction, but dance with flow of water
  • #264
  • Jul 16, 2014 1:31pm Jul 16, 2014 1:31pm
thank you very much PriceAction1

take care,
LoveandPeace
  • #265
  • Jul 17, 2014 3:14am Jul 17, 2014 3:14am
40 degrees, yes thats hot!

Well the reason i was asking you earlier about if you consider such a thing as the trend is this:

Attached Image (click to enlarge)
Click to Enlarge Name: Last 30 hours.gif Size: 63 KB


As seen in this from the last 30 hours of euro/usd its easier and better to sell then it is to buy. Thats what those MAs are ment to tell me. Im thinking that because of the MAs being on top, selling is easier. If MAs are below of course buying is a better idea, generally. So my question is:

Do you think there is anything to it, those MAs and the trend, or am i just fooling myself thinking selling is better and easier?
My signature is: "Classified".
  • #266
  • Edited 3:20pm Jul 17, 2014 3:06pm | Edited 3:20pm
Quoting yaed
40 degrees, yes thats hot! Well the reason i was asking you earlier about if you consider such a thing as the trend is this: {image} As seen in this from the last 30 hours of euro/usd its easier and better to sell then it is to buy. Thats what those MAs are ment to tell me. Im thinking that because of the MAs being on top, selling is easier. If MAs are below of course buying is a better idea, generally. So my question is: Do you think there is anything to it, those MAs and the trend, or am i just fooling myself thinking selling is better and easier?...
to some extended MAs helpful for possible exit or entry. but price is not slave to these MAs. she does what she want to be. It is method. and it can run. like boing 777. if the user is well tarned than he can fly. if a new person try to fly it. you know it is disaster. I am not against indicators they are use full but on must not slave to these indicators.
What I think that one master himself in any one method. which is fit to his personality. I am aggressive full leverage high volume trader. so I have to find system that fit to my style. me be it is rubbish for others.
best regards.

I am long euro@ 1.3522. with protection 1.3505 area. a 60-70 or even 100 pips move there two area are my interest areas one at 1.3670-80 and other is 1.3620. if we go above 1.3620 than is long fro me. but at present it may be retirement till that point.
one thing must be keep in mind that at present trend is down so any time it kick in so if any one want to catch this retirement must go with protection.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euro187.JPG Size: 62 KB
Click to Enlarge Name: monthly.JPG Size: 63 KB
don't predict direction, but dance with flow of water
  • #267
  • Jul 18, 2014 1:41pm Jul 18, 2014 1:41pm
euro view for next week.
wow we have very interesting formation in 4H in euro.
1 dragon fly doji!!!!
A dragonfly doji pattern is a relatively difficult chart pattern to find, but when it is found within a defined trend it is often deemed to be a reliable signal that the trend is about to change direction. traders realize that the price was sold down to unjustifiably low levels so they send the price back up to where the stock opened. The close near the day's open suggests that demand is again starting to outweigh supply.

2 doji morning star.
It is a reversal candlestick pattern which is bullish in nature and appears at the end of a down trend. It is a complex pattern made of three candlelines. The first candle is bearish in nature, the second is indecisive doji candlestick and third candle is bullish in nature.
It is so named because just like the planet mercury, which is the star of early morning, appears just before the sun rise, this pattern appears just before price rise, and it contains a doji.
3 stop loss grabber.
we know lot of stop loss was put @ 1.3505 to 1.3480 areas. and most of these are hit (myself stop out@ 1.3505.)

so we have three points to consider for next week trade.
(more to come in next post.)
Attached Image (click to enlarge)
Click to Enlarge Name: morning star..JPG Size: 48 KB
don't predict direction, but dance with flow of water
  • #268
  • Jul 18, 2014 1:57pm Jul 18, 2014 1:57pm
so what we trade.if set up.
I will go long above 1.3535 area with protection. looking 1.3575-90 area and than 1.3629.this is THE area.
I will go short if price close bellow 1.3480 area with protection 1.3505-103520 area.
If trend is to be change!!!!!! this is the point .if it did not go above 1.3629 area. short there to 1.3200 or even more down side.
if we see lethargic move till 1.3575-1.3629 area it show only correction.
good trade for all next week.
Attached Image (click to enlarge)
Click to Enlarge Name: dailyeuro..JPG Size: 64 KB
don't predict direction, but dance with flow of water
  • #269
  • Jul 18, 2014 2:26pm Jul 18, 2014 2:26pm
cable view. it speak it self.
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don't predict direction, but dance with flow of water
  • #270
  • Jul 18, 2014 3:22pm Jul 18, 2014 3:22pm
A common mistake among those who use canctes is to use a doji as
an outright buy or sell signal. This is not correct. The doji indicates, as
the japanese say, "a crossroads between the bulls and the bears." While
the doji can mean the market may reverse its prior trend, traders should
view the doji as echoing a market in transition rather than being an
outright reversal pattern. Based on this, traders should wait until the
next session or two after the doji to show them which way the market
will move.
don't predict direction, but dance with flow of water
  • #271
  • Jul 18, 2014 3:25pm Jul 18, 2014 3:25pm
A buy based on the
doji after a downtrend should have a sell stop under the doji's low
that doji become
more important as a reversal signal the more overbought or oversold the
market.
don't predict direction, but dance with flow of water
  • #272
  • Jul 19, 2014 2:21am Jul 19, 2014 2:21am
euro/usd. we have perfect doji on daily time frame too.
Attached Image (click to enlarge)
Click to Enlarge Name: perfact doji.JPG Size: 55 KB
don't predict direction, but dance with flow of water
  • #273
  • Jul 19, 2014 2:34am Jul 19, 2014 2:34am
so we have to Waite to see the morning star formation in daily time frame. so may be no trade on Monday in euro for me.
don't predict direction, but dance with flow of water
  • #274
  • Jul 19, 2014 8:42am Jul 19, 2014 8:42am
I have nick name "priceaction1" only at Forex factory. not any other site like twitter. facebook etc.
don't predict direction, but dance with flow of water
  • #275
  • Jul 19, 2014 10:17am Jul 19, 2014 10:17am
what is this!!!
Attached Image (click to enlarge)
Click to Enlarge Name: priceaction..JPG Size: 121 KB
don't predict direction, but dance with flow of water
  • #276
  • Jul 19, 2014 12:55pm Jul 19, 2014 12:55pm
wheat monthly view
Attached Image (click to enlarge)
Click to Enlarge Name: wheat.JPG Size: 62 KB
don't predict direction, but dance with flow of water
  • #277
  • Jul 19, 2014 1:04pm Jul 19, 2014 1:04pm
Quoting priceaction1
euro/usd. we have perfect doji on daily time frame too. {image}
Very good thread bro! I personally use lots of indicators, but price action still does the job too. I agree whole heartedly on some temporary buying to be expected from 1.3503 - 1.3576 zone but macro economic factors seem to favor a weaker EUR right now so ultimately still bearish i think. USD not really much stronger, so some ranging might be in the works too. We should see 1.3477 subsequently. Just my 2 cents.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 45 KB
  • #278
  • Jul 19, 2014 1:31pm Jul 19, 2014 1:31pm
Quoting LITEchild
{quote} Very good thread bro! I personally use lots of indicators, but price action still does the job too. I agree whole heartedly on some temporary buying to be expected from 1.3503 - 1.3576 zone but macro economic factors seem to favor a weaker EUR right now so ultimately still bearish i think. USD not really much stronger, so some ranging might be in the works too. We should see 1.3477 subsequently. Just my 2 cents. {image}
agree on macro economic front EURO seem weak. but at this point we may see ranging moves. as far 1.3477, I don't know what price is going to do next but what I know is that if price goes X point what do. that's why I trade on IF set up don't rigid to any fixed point. price can't move according to my wish.

If any one want to see my view on any pair, just ask here I will post my charts with view.
don't predict direction, but dance with flow of water
  • #279
  • Jul 19, 2014 2:38pm Jul 19, 2014 2:38pm
it was on another account I forget it was there.
https://charts.mql5.com/5/252/gbpusd...ernational.png
Attached Image (click to enlarge)
Click to Enlarge Name: euro trade..JPG Size: 84 KB
don't predict direction, but dance with flow of water
  • #280
  • Jul 19, 2014 2:50pm Jul 19, 2014 2:50pm
Quoting priceaction1
{quote} agree on macro economic front EURO seem weak. but at this point we may see ranging moves. as far 1.3477, I don't know what price is going to do next but what I know is that if price goes X point what do. that's why I trade on IF set up don't rigid to any fixed point. price can't move according to my wish. If any one want to see my view on any pair, just ask here I will post my charts with view.
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