Disliked{quote} In general, there is no secret formula. In my opinion, you need at least to: - zoom your charts to higher timeframes (W1, D1, H4, H1), anything below is too noisy for beginners to understand - learn to read charts => google "candle stick patterns" and read every article about them until you remember/understand - get familiar with Support & Resistance levels + Pivots + Fibonacci replacements - imagine all the people behind the chart and try to figure out what are they thinking and going to do at the moment - avoid (do not trade) any news...Ignored
- #55,322
- Feb 2, 2015 11:02am Feb 2, 2015 11:02am
{quote} Thanks and noted you are very kind
- always be PATIENT - don't hurry, don't trade too much, just wait until you see some great setup = the right candlestick pattern at the right S/R level on the right timeframe (H1 at least)
This is the most tricky one! And the most valuable one, believe me
- #55,323
- Feb 2, 2015 11:03am Feb 2, 2015 11:03am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
Inserted Video
- #55,324
- Feb 2, 2015 11:07am Feb 2, 2015 11:07am
- | Joined Aug 2013 | Status: Trader | 1,289 Posts
@Ken A: I am the one who should learn from you ...
- #55,325
- Feb 2, 2015 11:19am Feb 2, 2015 11:19am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
- #55,326
- Feb 2, 2015 11:33am Feb 2, 2015 11:33am
- | Joined Aug 2013 | Status: Trader | 1,289 Posts
There'll be some resistance at 117.45
- #55,330
- Feb 2, 2015 12:21pm Feb 2, 2015 12:21pm
- | Joined Aug 2013 | Status: Trader | 1,289 Posts
Last post before I sleep for real 
"The market can stay irrational longer than you can stay solvent."
-- John Maynard Keynes
"The market can stay irrational longer than you can stay solvent."
-- John Maynard Keynes
- #55,333
- Feb 2, 2015 2:05pm Feb 2, 2015 2:05pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
K. M5 marubozu break. finally :/. LTL +117,23 defended.
now just m15, h1...h4, daily
now just m15, h1...h4, daily
"I know one thing, that I know nothing." Sokrates
- #55,335
- Feb 2, 2015 2:49pm Feb 2, 2015 2:49pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
Btw, have you been thinking all news whatever outcome were pro bears? Like they were looking for excuse. BoJ - expansive policy - bear. FOMC - nothing - bear. consumer spending - nothing - bear. PMI - ok that matters - big bear.
"I know one thing, that I know nothing." Sokrates
- #55,336
- Feb 2, 2015 2:50pm Feb 2, 2015 2:50pm
until we get below 117.23, I'm still looking for upper boundary of the "Range Channel"...
K. M5 marubozu break. finally :/. LTL +117,23 defended. now just m15, h1...h4, daily
- #55,337
- Feb 2, 2015 2:52pm Feb 2, 2015 2:52pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #55,338
- Feb 2, 2015 2:57pm Feb 2, 2015 2:57pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #55,339
- Feb 2, 2015 3:56pm Feb 2, 2015 3:56pm
{quote} {quote} Beer assault! Those guys here cant imagine price of beer in CZ. Just a few pips
yes but the price is sometimes same as in Germany or UK and that is shit if u know how big sallary some people have ,its sad actually .. :-)
- #55,340
- Feb 2, 2015 4:03pm Feb 2, 2015 4:03pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
NY closed, so now those Asian stocks... and more importantly RBA later. Could cause some waves. If cut rates - stocks go boom
"I know one thing, that I know nothing." Sokrates