{quote} You're most welcome. The compliment is well deserved... you're ripping those trades. Piling on the positions at the exact right moment. Color me envious.
... no mate i am not psychic 
of course i go thru all the technical stuff first
- #4,881
- Jun 29, 2015 4:34am Jun 29, 2015 4:34am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
... no mate i am not psychic of course i go thru all the technical stuff first
- #4,882
- Jun 29, 2015 4:40am Jun 29, 2015 4:40am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} Hi GS Thanks for your guidance , please is it possible for you to give some more details on what you looks on 4 hr TF. If you are looking below mention points please cover below in addition to what you look. TDI Cross or Angele or Crossing of MBL, use of 50 level in TDI and MBL. PA: current or previous PA candle colour: current or previous 200 EMA Thanks MK
TDI Cross or Angele - no Angleator and i am in the dark
...PA: current or previous - static PA is one thing but i also look @ dynamic PA - this is were i make a choice on trades
PA candle colour - green if i am long
- this depends on the setup - i will look for bounces or break if there is green leading upto a long trade - bounces can be very strong cause there is momentum to the trade already200 EMA - i decide if strong or weak by looking @ recent results @ piviots
{quote} absolutely MK all important things
What you look in Angleator, in 30 min, 1 hr , 4 hr and daily.
Some time all are not in same direction than how do you take decision, I mean what TF should be in same direction.
Thanks
MK
Latest "good" news about Greece is that Greek banks will be shut closed until July 7th This prevents liquidity problem and allows measure to implement in case of Yes vote on 5th. Anticipate Euro rally starting soon since Greeks majority want to remain part of EZ.Come to think about why would they want to go back Drachmas that would be almost worthless currency. Market hype is sell Euro.I am not Price action so far has been up {image}
They also bought $15BN worth of apple computer shares some weeks ago.
The SNB controls stuff at this moment. Everything else is just lip service.
http://www.fxstreet.com/news/forex-n...8-4ed265df9821
Oh it was all with printed money. CTRL+P save us all
Mario Draghi's auto-biography will be titled "Pissing against a tsunami tide".
Best regards, Zef
- #4,885
- Jun 29, 2015 8:44am Jun 29, 2015 8:44am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #4,886
- Jun 29, 2015 8:45am Jun 29, 2015 8:45am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
GCad[Jamming with UCad 
] M30 bounce +50+50+50+50+50pips [ruff values things were jumping around] - not the best trade IMO i was very luck to get pips cause there was a lot of wicks in the way but GCad is in a nice range - broke down to the lower supp level today as called by Davit then broke back up - it is trapped b/w 4H supp&res and a sandwich D1 supp&res
] M30 bounce +50+50+50+50+50pips [ruff values things were jumping around] - not the best trade IMO i was very luck to get pips cause there was a lot of wicks in the way but GCad is in a nice range - broke down to the lower supp level today as called by Davit then broke back up - it is trapped b/w 4H supp&res and a sandwich D1 supp&res 
- #4,887
- Jun 29, 2015 8:57am Jun 29, 2015 8:57am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} Thanks GS, What you look in Angleator, in 30 min, 1 hr , 4 hr and daily. Some time all are not in same direction than how do you take decision, I mean what TF should be in same direction. Thanks MK
ok MK - lets have a look @ the best trade from the LO - ECad - of course i missed it
... just before LO you got the M30 cross/bounce and the angle was strong - straight up on Angleator [check all the usual stuff - candle size etc - important to have enough room for trade min of around 30pips to set BE]
- #4,888
- Jun 29, 2015 9:04am Jun 29, 2015 9:04am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
....then i would have to check the H4 and this is wat i saw [dotted line was entry on M30]... notice the developed bent up on the green line - this is wat i look for ... the H4 only has to move a few candles up - three candle green plz - and i will hit my PTs on M30 easy
this is wat happened to all E's and why there was no reversal - H4 arrow never pointed down - always up
... the H4 only has to move a few candles up - three candle green plz - and i will hit my PTs on M30 easy this is wat happened to all E's and why there was no reversal - H4 arrow never pointed down - always up
- #4,889
- Jun 29, 2015 9:06am Jun 29, 2015 9:06am
- Joined Dec 2013 | Status: Trader | 1,680 Posts
GCad[Jamming with UCad
Sad i'm not trying to understand PA
- #4,890
- Jun 29, 2015 9:08am Jun 29, 2015 9:08am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} very nice trading as always GS
- #4,891
- Jun 29, 2015 9:54am Jun 29, 2015 9:54am
- | Joined Dec 2014 | Status: Trader | 1,026 Posts
Positive anything is better than negative thinking.- Elbert Hubbard
- #4,892
- Jun 29, 2015 10:02am Jun 29, 2015 10:02am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #4,893
- Jun 29, 2015 1:26pm Jun 29, 2015 1:26pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
closed GC
+20 +27 +40 +87
total of 174pips
+20 +27 +40 +87
total of 174pips
In trading, you have to be defensive and aggressive at the same time
- #4,894
- Jun 29, 2015 2:07pm Jun 29, 2015 2:07pm
closed GC +20 +27 +40 +87 total of 174pips
Excellent scalping there DAVIT on today of all days. Very interesting how the fx markets played out today, giving back all the losses on the EUR overnight. And looks like closing the NY session back level with Fridays highs on some EUR pairs. What does that mean? Despite the Greek capital controls and upcoming referendum in place?
It was difficult day as there weren't or no good setups around on the M30 charts as nearly every pair was facing 200ema/weekly pivot resistance as the EUR rose after LO. However I did pick up a long on the EA this afternoon (London Session) for 60pips. Price action broke through 200ema at 1.452 after retesting and had space to move before slowing down at weekly fibo levels 1.458 and fridays highs. Have a good evening everyone.
- #4,895
- Jun 29, 2015 2:19pm Jun 29, 2015 2:19pm
- | Joined Dec 2014 | Status: Trader | 1,026 Posts
closed GC +20 +27 +40 +87 total of 174pips
Positive anything is better than negative thinking.- Elbert Hubbard
- #4,896
- Jun 29, 2015 3:33pm Jun 29, 2015 3:33pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Excellent scalping there DAVIT on today of all days. Very interesting how the fx markets played out today, giving back all the losses on the EUR overnight. And looks like closing the NY session back level with Fridays highs on some EUR pairs. What does that mean? Despite the Greek capital controls and upcoming referendum in place? It was difficult day as there weren't or no good setups around on the M30 charts as nearly every pair was facing 200ema/weekly pivot resistance as the EUR rose after LO. However I did pick up a long on the EA this...
I posted about Euro rebound here and I was long on EG closed 4 trades in profit.
I like that you keep up with fundies.Its critical to get the market sentiment correctly.60% retail was short on EU at 1.10 and that usually does not end well.Lot of accounts got busted.
We are going to have fireworks NFP on July 2nd.Buckle up
{quote} nice!!!
In trading, you have to be defensive and aggressive at the same time
- #4,897
- Jun 29, 2015 3:39pm Jun 29, 2015 3:39pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #4,898
- Jun 29, 2015 10:38pm Jun 29, 2015 10:38pm
- | Joined Dec 2014 | Status: Trader | 1,026 Posts
Positive anything is better than negative thinking.- Elbert Hubbard
- #4,899
- Jun 29, 2015 11:50pm Jun 29, 2015 11:50pm
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #4,900
- Jun 29, 2015 11:54pm Jun 29, 2015 11:54pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time