New voice message: Why are you calling me? If I need you, I'll call you!
The One: Price Action and Reaction
- #801
- Dec 31, 2015 7:23pm Dec 31, 2015 7:23pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
- #802
- Dec 31, 2015 7:24pm Dec 31, 2015 7:24pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #803
- Dec 31, 2015 7:26pm Dec 31, 2015 7:26pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #804
- Dec 31, 2015 7:28pm Dec 31, 2015 7:28pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #805
- Jan 1, 2016 4:00am Jan 1, 2016 4:00am
- Joined Jan 2009 | Status: Trader | 1,617 Posts
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
- #806
- Jan 1, 2016 10:17am Jan 1, 2016 10:17am
- Joined Mar 2008 | Status: He who believes has eternal life. | 3,764 Posts
Everyone here is showing some very good work. I want to wish you all a Happy, Healthy, and Prosperous New Year! I will back into the swing of things next week, and start to post more charts and possible trade ideas.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
- #807
- Edited 5:51am Jan 3, 2016 5:31am | Edited 5:51am
Hello
new year , old look EURUSD H4
example for looking left and see how levels are respected and repeated
Its visible how price drops down through 1.10 level with big candle and how 1.10 is tested again (1) , but price falls directly with big candle.
Such candles can only be made by SmartMoney
on M30 its clear visible
M5 see the pattern on top
after that we have two more retests , but price never reach 1.10 again.
So it falls down to new level (3), again with quick drop
This is the work of SM ,but in thin market, its clear that big boys arent interested in price over BRN levels .
Question is -- WHY ??. Need of more liquidy for further push up ? Or are the absorbing longs for down (fake breakout 3.2.15 ?)
Dont forget that market condition are showing down .
So my personal view
may be Im totally wrong, time will tell.
So everybody has to make his own analysis and his own plan - like before my featherbrained post
trade well friends
HPt
new year , old look EURUSD H4
example for looking left and see how levels are respected and repeated
Its visible how price drops down through 1.10 level with big candle and how 1.10 is tested again (1) , but price falls directly with big candle.
Such candles can only be made by SmartMoney
on M30 its clear visible
M5 see the pattern on top
after that we have two more retests , but price never reach 1.10 again.
So it falls down to new level (3), again with quick drop
This is the work of SM ,but in thin market, its clear that big boys arent interested in price over BRN levels .
Question is -- WHY ??. Need of more liquidy for further push up ? Or are the absorbing longs for down (fake breakout 3.2.15 ?)
Dont forget that market condition are showing down .
So my personal view
may be Im totally wrong, time will tell.
So everybody has to make his own analysis and his own plan - like before my featherbrained post
trade well friends
HPt
from level to level - you need mental strength to reach the summit
- #808
- Edited 4:23am Jan 4, 2016 4:13am | Edited 4:23am
- Joined Jan 2009 | Status: Trader | 1,617 Posts
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
- #809
- Jan 4, 2016 5:15am Jan 4, 2016 5:15am
- Joined Jan 2009 | Status: Trader | 1,617 Posts
HOURLY EUR/USD High for 2016 perhaps? On the other hand, could the low for the day become the bottom for 2016? Hmmm.... {image} {image} {image}
I know suggesting the high/low for 2016 is very premature
, so I'll knock it down a bit to the possible high/low for the week/month.
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
- #810
- Jan 4, 2016 9:09am Jan 4, 2016 9:09am
- Joined Jan 2009 | Status: Trader | 1,617 Posts
It appears the energy points have been the guiding force for price thus far.
Oh how I wish they all were this accurate.
Oh how I wish they all were this accurate.
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
- #811
- Jan 4, 2016 10:46am Jan 4, 2016 10:46am
{quote} Hello WR here is my view AUDUSD H4 {image} zoom out - looks like a rising wedge pattern ? "Bear" {image} regards HPT
works fine on the whole
from level to level - you need mental strength to reach the summit
- #812
- Jan 4, 2016 11:01am Jan 4, 2016 11:01am
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
Happy New Year!
2016
GBP/NZD H4
2016
GBP/NZD H4
- #813
- Jan 4, 2016 1:10pm Jan 4, 2016 1:10pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
USD/JPY Daily
- #815
- Jan 4, 2016 3:07pm Jan 4, 2016 3:07pm
- Joined Jan 2010 | Status: Primary Technical Trader | 8,593 Posts
{quote} Nice view, I thought I add my point of view for learning purposes. I am looking at adding this tool to my arsenalbut still need some more test. Comments welcome. {image}
Look for many frequencies or hits and reversals on your lines.
Trial and error. Trial and error.
Here's another variation on the same pair.
GBPNZD h4
- #816
- Jan 4, 2016 4:36pm Jan 4, 2016 4:36pm
- Joined Mar 2009 | Status: Hobby Trader | 4,477 Posts
{quote} View a pitchfork like a channel. Look for many frequencies or hits and reversals on your lines. Trial and error. Trial and error. Here's another variation on the same pair. GBPNZD h4 {image}
- #817
- Edited 11:26pm Jan 4, 2016 8:38pm | Edited 11:26pm
- Joined Mar 2008 | Status: He who believes has eternal life. | 3,764 Posts
Eurusd following down fork... more to come
Thanks to all for coming and continuing.
Many Pips and Prosperity to All in 2016
Thanks to all for coming and continuing.
Many Pips and Prosperity to All in 2016
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
- #818
- Jan 5, 2016 12:41am Jan 5, 2016 12:41am
- Joined Mar 2008 | Status: He who believes has eternal life. | 3,764 Posts
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
