- #997,781
- Jun 4, 2015 4:29pm Jun 4, 2015 4:29pm
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
- #997,782
- Jun 4, 2015 4:31pm Jun 4, 2015 4:31pm
- Joined Sep 2011 | Status: Trader | 6,363 Posts
A good trader follows his rules, but great trader knows when to break them
- #997,785
- Jun 4, 2015 4:50pm Jun 4, 2015 4:50pm
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
only to clarify my head, settle things down: if the support line is broken, as told before, next target will be 1.1100, at least.... this is only what im going to trade next days... I expect the next hourly candle to be little positive(white), and after we should see some retest of the support...after being definitly broken, only short to target, directly or waiting retracement and retest to the support(resistance at that time) line! trade well, all the luck, Im out for lounge zone time!{image}
- #997,788
- Jun 4, 2015 4:52pm Jun 4, 2015 4:52pm
{quote} I agree these are troubled times,but aren't forex traders paid to speculate on global chaos. Anyone saying otherwise, is like a policeman who is afraid to die. It is a work hazard we all can't trade without. On the plus side we have got the high volatility to make huge profits. In my experience i have seen Wave traders Fibo traders Orderflow traders Supply demand Indie traders. And heck even astronomical signs and smoke signal,coin toss etc and guess what in every one of the above there were successful traders. Who cares if price moved cause...
I was referencing to below post by him in blue before replying to you and him
The movement for EU , GU is accordingly. It amazes one if you see and know how
tricky these trends can be. But at the long run it ALWAYS COME BACK to correct itself. Interesting!In support of the present scenerio,i would still repeat price does what it was supposed to do its only doing it faster.
Some people call it messy times others adjust with it and accept it
My response in red to palinco about him saying trends were out of sync and that they will correct themselves.
They don't need correcting because everything has been textbook technical to this point.
Anyways.
It did what it was supposed to do,I didn't quote ,cause i did not have to(i don't need applause, but reread my post from before that 1379 high formed,I knew it would drop by 11 15 cancdle it was all factored in even before the rally happened.
. Thats the time i mean.not the price.- #997,791
- Jun 4, 2015 5:03pm Jun 4, 2015 5:03pm
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
{quote} your writing skills are awesome, i would love to read a novel of yours.
- #997,793
- Jun 4, 2015 5:10pm Jun 4, 2015 5:10pm
{quote} 1minut is laughable cause it has more information than let's say 5minute chart? Yes, it is laughable. I would show you one thread on FF from one guy using supply/demand on 1minute chart but you would probably laugh anyway. I simply showed the levels where price will react with high probability. And about 1min chart, you probably haven't seen 1min chart on 5120-by-2880 resolution haven't you? Ah yes, you don't care...
You don't need to prove anything if you know what you are doing.
- #997,797
- Jun 4, 2015 5:16pm Jun 4, 2015 5:16pm
{quote} Go apply for a job at one of the big forex banks and tell them that you specialize in 1 minute charts...I dare you. Just please make sure that you record it so we can all have a good laugh
BTW you are right about M1
- #997,799
- Jun 4, 2015 5:18pm Jun 4, 2015 5:18pm
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
