Disliked{quote} Hey, this can work (it's solid valid supply zone) but you're going against the H4 direction(at this moment in time at least). I'm not saying it wont work but I would have preferred the earlier buys (once H4 had confirmed the bull action). I would then have used this zone to lighten up on longs rather than reversal. Now H4 bear PA can develop here to confirm the move but I'd like to see what that structure would look like if it forms.Ignored
- Post #4,501
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- Aug 3, 2016 1:49pm Aug 3, 2016 1:49pm
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- Post #4,502
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- Aug 3, 2016 1:58pm Aug 3, 2016 1:58pm
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{quote} i forgot to mention I tend to only take touch trades these days because of work.
Ideally trading Weekly/ Daily PA would be the solution but it's hard work (especially when the markets aren't trending).
I'm not knocking the trade. It's a valid textbook zone.
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- Aug 3, 2016 2:01pm Aug 3, 2016 2:01pm
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{quote} Yeah it's a hard situation with fulltime job. Ideally trading Weekly/ Daily PA would be the solution but it's hard work (especially when the markets aren't trending). I'm not knocking the trade. It's a valid textbook zone.
- Post #4,504
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- Aug 3, 2016 2:32pm Aug 3, 2016 2:32pm
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{quote} im expecting a retrace after the heavy up move. If you look at weekly and daily we are in daily and weekly engulf bases. We could get a reaction here although my tp is very generous i will probably lessen it.
Let's see if this one holds out.
The monthly chart is also interesting on AN for an even longer term view. Not analysed that pair for a long time.
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- Aug 4, 2016 7:39am Aug 4, 2016 7:39am
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- Post #4,506
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- Aug 4, 2016 7:48am Aug 4, 2016 7:48am
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- Aug 4, 2016 7:55am Aug 4, 2016 7:55am
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- Aug 4, 2016 2:05pm Aug 4, 2016 2:05pm
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- Post #4,509
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- Aug 4, 2016 5:25pm Aug 4, 2016 5:25pm
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Here are a few tips gained after a lot of constant screen time. Don't laugh at this. 
If you suffer from red, itchy or sore eyes there are a few things that will surely help:
Firstly a handy free application called f.lux which reduces blue light off the monitors.
https://justgetflux.com/
Another good free App to dim the screen at night is:
http://www.pangobright.com/
Also, I recommend drinking carrot juice, eating sweet potatoes and the occasional liver for the vitamin A content which I do feel like it makes a difference.
Finally, try and use dark background chart templates. It's much easier on the eye.
If you suffer from red, itchy or sore eyes there are a few things that will surely help:
Firstly a handy free application called f.lux which reduces blue light off the monitors.
https://justgetflux.com/
Another good free App to dim the screen at night is:
http://www.pangobright.com/
Also, I recommend drinking carrot juice, eating sweet potatoes and the occasional liver for the vitamin A content which I do feel like it makes a difference.
Finally, try and use dark background chart templates. It's much easier on the eye.
- Post #4,510
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- Aug 4, 2016 6:28pm Aug 4, 2016 6:28pm
- Joined Oct 2014 | Status: Member | 457 Posts
Here are a few tips gained after a lot of constant screen time. Don't laugh at this.
thanks C12, appreciate it..
- Post #4,511
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- Edited 4:18pm Aug 5, 2016 3:42pm | Edited 4:18pm
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
Looks like a missed a good NFP today.. 
I've been reading the Geppy challenge thread and interesting to see Steve Patt on there.
There was a very very good UCAD setup today. Notice how a cheeky H4/H1 demand formed off 1.30 just after spiking those lows.
After the H1 demand was successfully tested, this one was a screaming buy.
Looks good on the daily now for move higher.
I've been reading the Geppy challenge thread and interesting to see Steve Patt on there.
There was a very very good UCAD setup today. Notice how a cheeky H4/H1 demand formed off 1.30 just after spiking those lows.
After the H1 demand was successfully tested, this one was a screaming buy.
Looks good on the daily now for move higher.
- Post #4,512
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- Aug 5, 2016 3:49pm Aug 5, 2016 3:49pm
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- Post #4,513
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- Edited 4:35pm Aug 5, 2016 4:01pm | Edited 4:35pm
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
EU
You could make a number of arguments for lower TF PA and some fakout of S/R but here's the reason why it dropped at that exact location (in my reckoning).
Very bizarre how price can tap a freshly formed D1 zone to the pip but I see this happen every now and again (maybe once every month or two)
Always worth to check the daily for this type of zone. I miss these every time.....
You could make a number of arguments for lower TF PA and some fakout of S/R but here's the reason why it dropped at that exact location (in my reckoning).
Very bizarre how price can tap a freshly formed D1 zone to the pip but I see this happen every now and again (maybe once every month or two)
Always worth to check the daily for this type of zone. I miss these every time.....
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- Aug 5, 2016 4:11pm Aug 5, 2016 4:11pm
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- Post #4,515
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- Aug 5, 2016 4:30pm Aug 5, 2016 4:30pm
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Very bizarre how price can tap a D1 zone to the pip but I see this happen (usually once every month or two) Always worth to check the daily for this type of zone. I miss these every time.....
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- Aug 8, 2016 3:39pm Aug 8, 2016 3:39pm
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- Post #4,517
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- Aug 9, 2016 10:17am Aug 9, 2016 10:17am
Textbook PA, Pin on H1 and H4
Could be premature exit though ...
Could be premature exit though ...
- Post #4,518
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- Aug 9, 2016 12:49pm Aug 9, 2016 12:49pm
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Textbook PA, Pin on H1 and H4 Could be premature exit though ... {image}
- Post #4,519
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- Aug 9, 2016 5:36pm Aug 9, 2016 5:36pm
- Joined Aug 2010 | Status: Member | 1,282 Posts
Long on usdcad if we can get down to 1.3080
- Post #4,520
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- Aug 9, 2016 5:39pm Aug 9, 2016 5:39pm
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Long on usdcad if we can get down to 1.3080 {image}