Appreciation is the key to wealth and happiness
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- Oct 3, 2016 3:38am Oct 3, 2016 3:38am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,317 Posts
- Post #15,864
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- Oct 3, 2016 9:26am Oct 3, 2016 9:26am
BEOB off TL, small bag for new month{image}
same trade here due to price stepping down off trend line. Closed at BE
- Post #15,866
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- Oct 3, 2016 2:15pm Oct 3, 2016 2:15pm
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 3,674 Posts
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- Post #15,867
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- Edited 3:57pm Oct 3, 2016 3:39pm | Edited 3:57pm
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 3,674 Posts
UC: Short... 200EMA acting as dynamic Resistance level
after a while.... TS got hit... it bounces at NY Open Session Level
after a while.... TS got hit... it bounces at NY Open Session Level
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- Post #15,869
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- Oct 3, 2016 10:37pm Oct 3, 2016 10:37pm
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 3,674 Posts
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- Post #15,870
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- Edited Oct 4, 2016 12:58am Oct 3, 2016 11:39pm | Edited Oct 4, 2016 12:58am
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 3,674 Posts
Hi, I would like to ask, in this instance below, GU seems to be going into a time of pullback before plunging any lower. But when do we know when it is ready for the next dive? Do we watch the PA in the lower timeframe of H1 and M30 for bearish candles? If so, what is the highly probable bearish candles, is it bearish engulfing ones? {image}
hello birdnest...
Here is what I can see....
It is easy to see after the fact ... but try to practice more looking at historical facts already as history repeat itself from time-to-time... You'll get a hang of it or until you get accustomed of what you see on the chart. Try to go back to some of Lk's postings here on her thread, and then practice... a la Allen Iverson, I did somewhat like what he did though ; )-
Inserted Video
On the other hand.... At Daily TF, it looks like a falling wedge pattern, just stacking these odds of probabilities and confluences... then see how PA reveals itself or confirms what you have seen on your chart.
Here at M30:
Have a great day!
I'll delete this post if it went the other way around though ; )- but the above posting are just my opinion, my Big Bang probability based on my limited experience in Trading... still noobs here....
Kindest regards...
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- Post #15,871
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- Oct 4, 2016 3:06am Oct 4, 2016 3:06am
Good Morning Good people,
Here is GBPJPY H1: Divergence on Resistance + BRN+ Pivot+200EMA. Hope some body took this trade trade.
GBPJPY H1:
Thank You.
$
Here is GBPJPY H1: Divergence on Resistance + BRN+ Pivot+200EMA. Hope some body took this trade trade.
GBPJPY H1:
Thank You.
$
Newbie
- Post #15,873
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- Oct 4, 2016 3:25am Oct 4, 2016 3:25am
{quote} hello birdnest... Here is what I can see.... It is easy to see after the fact ... but try to practice more looking at historical facts already as history repeat itself from time-to-time... You'll get a hang of it or until you get accustomed of what you see on the chart. Try to go back to some of Lk's postings here on her thread, and then practice... a la Allen Iverson, I did somewhat like what he did though ; )- {image} https://www.youtube.com/watch?v=eGDBR2L5kzI On the other hand.... At Daily TF, it looks like a falling wedge...
Does anyone trade with 1 standard lot? Also, what is everyone's average pips per week?
I am struggling to get a nett of 150 - 200 pips per week.
- Post #15,874
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- Oct 4, 2016 3:47am Oct 4, 2016 3:47am
{quote} Also, what is everyone's average pips per week? I am struggling to get a nett of 150 - 200 pips per week.
i think it will make you comfort to trade everyday..
only 100 pips / week
- Post #15,875
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- Oct 4, 2016 5:23am Oct 4, 2016 5:23am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,317 Posts
Hi, I would like to ask, in this instance below, GU seems to be going into a time of pullback before plunging any lower. But when do we know when it is ready for the next dive? Do we watch the PA in the lower timeframe of H1 and M30 for bearish candles? If so, what is the highly probable bearish candles, is it bearish engulfing ones? {image}
we should look for a short off resistant which is trendline in this instant where price got rejected with a pin/long thin bodied blue APB (sign of weak bull).
Have a look at your chart where I marked 2nd arrow with a red trend line.
I would get in a short once price broke green trend line (to be safe).
The principle applies to any time frame, just need to remember to check next time frame which is D1 too
{quote} THANK YOU V2VBONI for the detailed explanation. I was super weary of selling GU just now because I saw H4 in an overbought area. But I still went ahead to catch some 50 pips before exiting. Does anyone trade with 1 standard lot? Also, what is everyone's average pips per week? I am struggling to get a nett of 150 - 200 pips per week.
Appreciation is the key to wealth and happiness
- Post #15,876
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- Oct 4, 2016 5:47am Oct 4, 2016 5:47am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,317 Posts
Appreciation is the key to wealth and happiness
- Post #15,879
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- Oct 4, 2016 11:05am Oct 4, 2016 11:05am
EJ - I didn't have time to watch it and it ended up at BE 
