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The seemingly impossible: $25-$500

  • #261
  • Edited 5:22pm Oct 28, 2014 4:02pm | Edited 5:22pm
Quoting FXyao
{quote} Phemmy, even you are thinking u are not a guru, but anyone better than me is my teacher, thanks..
U re better than me.

Just take ur time to study all my res/sup charts, u ll see clearly what I m doing!

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #262
  • Oct 28, 2014 6:52pm Oct 28, 2014 6:52pm
Quoting Opemipo
There is a very strong resistance at the indicated point. If price breaks it, then we re in for massive buy but if not we re going for massive sell. {image} Phemmy
Res at 85.696
Attached Image (click to enlarge)
Click to Enlarge Name: ny.JPG Size: 73 KB

tp and sl indicated

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #263
  • Oct 28, 2014 7:17pm Oct 28, 2014 7:17pm
How do you decide the resistance is not going to break? From what i see, it is still testing the resistance
  • #264
  • Oct 28, 2014 9:24pm Oct 28, 2014 9:24pm
i believed it cannot break the resistence for such a long time, therefore the chance to go down has higher probability. then sell short is taken, my 2 cents.
  • #265
  • Oct 29, 2014 12:53am Oct 29, 2014 12:53am
I am out on NZDCHF because a resistance has formed.
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #266
  • Oct 29, 2014 1:40am Oct 29, 2014 1:40am
Quoting Nicksdz
How do you decide the resistance is not going to break? From what i see, it is still testing the resistance
Yes u re correct, it is testing res but I felt it ll not break it.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #267
  • Oct 29, 2014 1:42am Oct 29, 2014 1:42am
Quoting FXyao
i believed it cannot break the resistence for such a long time, therefore the chance to go down has higher probability. then sell short is taken, my 2 cents.
I am glad u re following keenly.


Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #268
  • Oct 29, 2014 1:51am Oct 29, 2014 1:51am
Phemmy, one question for you. gc and gj are the same behavior, but u place buy on one while sell on the other, how u justify your decision?
  • #269
  • Oct 29, 2014 1:55am Oct 29, 2014 1:55am
sorry, i mean nj and nc.
  • #270
  • Oct 29, 2014 8:50am Oct 29, 2014 8:50am
Quoting FXyao
sorry, i mean nj and nc.
I have been very busy today that I could not monitor my trades. A lot has happened when I was away frm pc.

Thank God there is sl.

For nj and nc, I just followed what the charts say about each of them as at the time I check the pairs last.



Thanks!
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #271
  • Oct 29, 2014 8:58am Oct 29, 2014 8:58am
Res at 2.05192
Attached Image (click to enlarge)
Click to Enlarge Name: gn2.JPG Size: 94 KB

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #272
  • Oct 29, 2014 9:13am Oct 29, 2014 9:13am
Res at 1.61684
Attached Image (click to enlarge)
Click to Enlarge Name: gn2.JPG Size: 100 KB


Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #273
  • Oct 29, 2014 9:18am Oct 29, 2014 9:18am
Sup broken at 113.768
Attached Image (click to enlarge)
Click to Enlarge Name: cj5.JPG Size: 94 KB


Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #274
  • Oct 29, 2014 9:23am Oct 29, 2014 9:23am
Res tested 8 times and going south.
Attached Image (click to enlarge)
Click to Enlarge Name: cc2.JPG Size: 106 KB


Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #275
  • Oct 29, 2014 9:25am Oct 29, 2014 9:25am
Quoting Nicksdz
How do you decide the resistance is not going to break? From what i see, it is still testing the resistance
We need more in this thread for ur valuable contributions.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #276
  • Oct 29, 2014 10:07am Oct 29, 2014 10:07am
Phemmy, how your support/resistance relate to the concept of loophole? thx
  • #277
  • Oct 29, 2014 10:30am Oct 29, 2014 10:30am
Quoting FXyao
Phemmy, how your support/resistance relate to the concept of loophole? thx
Nope!


Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #278
  • Oct 29, 2014 5:50pm Oct 29, 2014 5:50pm
Phemmy, will it go up next? since it reaches the support which been visited 4 times in the past..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB
  • #279
  • Oct 29, 2014 7:16pm Oct 29, 2014 7:16pm
this is what I call abasanjo from nigeria trading stratgey. plz dont pm me for card details.
  • #280
  • Oct 30, 2014 12:58am Oct 30, 2014 12:58am
eurusd just breaks the support and moves down more..
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