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  • #121
  • Dec 16, 2014 6:15am Dec 16, 2014 6:15am
Quoting FXyao
{quote} yea, only short. thx

FXyao

That is not exactly what I said....but as always everyone needs to interpret the market in their own way.
  • #122
  • Dec 16, 2014 10:08am Dec 16, 2014 10:08am
Pullback on the 15 minute and short again.
  • #123
  • Dec 16, 2014 10:30am Dec 16, 2014 10:30am
can you say timber!
  • #124
  • Dec 16, 2014 11:47am Dec 16, 2014 11:47am
Attached Image (click to enlarge)
Click to Enlarge Name: waves.jpg Size: 88 KB

from Alien

the market is not random but anything can happen.
  • #125
  • Dec 16, 2014 11:49am Dec 16, 2014 11:49am
Attachment

time to short eur, I think about 30 pips target first.
Attached Image (click to enlarge)
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YOUR MOTHERS ASS
  • #126
  • Dec 16, 2014 4:20pm Dec 16, 2014 4:20pm
Santos, looks like you hit profit target. Good trade.
Bill
  • #127
  • Dec 16, 2014 4:31pm Dec 16, 2014 4:31pm
Quoting santos23
1574205 time to short eur, I think about 30 pips target first. {image}

You got would I'm trying get a little better at this
  • #128
  • Dec 16, 2014 7:00pm Dec 16, 2014 7:00pm
Quoting investing101
Pullback on the 15 minute and short again.
I got it today, very good.

Since
D down
4 down
1 down
so tomorrow waiting m30 to get on the top ride, probably gmt+7 place short again. 101 your method is very clear and powerful. Thx
  • #129
  • Dec 16, 2014 7:02pm Dec 16, 2014 7:02pm
Quoting FXyao
{quote} I got it today, very good. Since D down 4 down 1 down so tomorrow waiting m30 to get on the top ride, probably gmt+7 place short again. 101 your method is very clear and powerful. Thx


So your going wait for the 30 to go to overbought before taking it down
  • #130
  • Dec 16, 2014 7:02pm Dec 16, 2014 7:02pm
Quoting vspatrick
{image} from Alien
Allen, do you have mql software to be able to draw picture like this in MT4? That will be great! Thx
  • #131
  • Dec 16, 2014 7:10pm Dec 16, 2014 7:10pm
Quoting ozziedave
{quote} FXyao That is not exactly what I said....but as always everyone needs to interpret the market in their own way.
Sorry, english is not my mother language, but i think i understand what you said.

My suggestion is that 101 method has proven 98.5% (64/65) success rate in his past transactions, there maybe a better method around having higher accuracy. But i like to practice/learn and become a skilled trader like him/her. thx
  • #132
  • Dec 16, 2014 7:13pm Dec 16, 2014 7:13pm
Quoting santos23
1574205 time to short eur, I think about 30 pips target first. {image}
Very happy for you, santos..
  • #133
  • Dec 16, 2014 7:17pm Dec 16, 2014 7:17pm
Im saying so if day is down and h4 down h1 down so would I wait for 30 minutes to be overbought then take it do
  • #134
  • Dec 16, 2014 7:17pm Dec 16, 2014 7:17pm
Quoting Shai1122
{quote} So your going wait for the 30 to go to overbought before taking it down
Yes and I need more practice to confirm my point. thx
  • #135
  • Dec 16, 2014 7:23pm Dec 16, 2014 7:23pm
Quoting investing101
can you say timber!
101;

I will say it again, may be tonight(PST). Hopefully we have good luck for tomorrow. thx for ur thread.
  • #136
  • Dec 16, 2014 7:24pm Dec 16, 2014 7:24pm
Quoting Shai1122
Im saying so if day is down and h4 down h1 down so would I wait for 30 minutes to be overbought then take it do
or m15. thx
  • #137
  • Dec 16, 2014 7:43pm Dec 16, 2014 7:43pm
Quoting investing101
Pullback on the 15 minute and short again.
101;

Tomorrow usd is going to be affected by many important news, let's see how ur method will go. Since you have no time to answer my question about sl, i bet you might skip due to full confidence about ur method, am i right? What if what if. I am probably too conservative. thx
Attached Image
  • #138
  • Edited 8:53pm Dec 16, 2014 8:40pm | Edited 8:53pm
Just wanted to show everyone to be a bit cautious with the EUR. On the weekly chart we see the stoch is pointing up and just breaking the 20 level. We also have a support level at 1.2200 which appears to be holding for now.

On the daily chart notice that we have a long term down trend with a very large price consolidation range forming over the last 2 months. So it is possible we may have a correction to the upside forming. On the daily chart we see that price is starting to run into the resistance area to the upside and the stoch is overbought, >80, which means it is in alinement with the weekly stoch, but as it is overbought we may want to wait to see if we get a pullback and break of the resistance area before we consider a long trade.

I, myself would like to see a break of the resistance area and a retest before a long entry, see the red lines for the price pattern. As Christmas is fast approaching this may take some time to form a on the daily chart.
Attached Image(s) (click to enlarge)
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  • #139
  • Dec 16, 2014 9:23pm Dec 16, 2014 9:23pm
Quoting ozziedave
Just wanted to show everyone to be a bit cautious with the EUR. On the weekly chart we see the stoch is pointing up and just breaking the 20 level. We also have a support level at 1.2200 which appears to be holding for now. On the daily chart notice that we have a long term down trend with a very large price consolidation range forming over the last 2 months. So it is possible we may have a correction to the upside forming. On the daily chart we see that price is starting to run into the resistance area to the upside and the stoch is overbought,...
Dave;

I totally agreed with you, keep cautious all the time and better to try it on the demo account before actually applying it. There exists no 100% accurate trading, use it on your own risk and learn to correct it by the learned lesson. i am a beginner too. thx
  • #140
  • Dec 16, 2014 10:22pm Dec 16, 2014 10:22pm
Bro investing 101, your ideas are quite logical and appreciable. Thanks for your contribution for us.

I was wondering if any of our mates could help us by coding a simple MTF indicator like this, with value and colors indicating direction of the stochastic, and/or any other indicator along with it..

Attached Image (click to enlarge)
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