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Up and under price pattern

  • #681
  • Nov 4, 2016 6:23am Nov 4, 2016 6:23am
Attached Image (click to enlarge)
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  • #682
  • Nov 4, 2016 6:33am Nov 4, 2016 6:33am
Quoting mertch
{image}
May I ask what does DM stands for?

thanks Mertch
  • #683
  • Nov 4, 2016 6:36am Nov 4, 2016 6:36am
Thank you mertch.
I have a question about that FL.
Are you considering that one because that's the DP to break origin of last move up?
Or simply because it is the most recent?
Isn't the "Don't know what's in there?" another FL that ENG the one on his left(not marked, last FTR up)?
Thank you for your time
  • #684
  • Nov 4, 2016 6:36am Nov 4, 2016 6:36am
Quoting timos
{quote} May I ask what does DM stands for? thanks Mertch
Diamond
  • #685
  • Nov 4, 2016 6:47am Nov 4, 2016 6:47am
Quoting Al3cs
Thank you mertch. I have a question about that FL. Are you considering that one because that's the DP to break origin of last move up? Or simply because it is the most recent? Isn't the "Don't know what's in there?" another FL that ENG the one on his left(not marked, last FTR up)? Thank you for your time
I consider that is FL because if you look on your left, it seems that's an S/R point, decision was made to broke those support / resistance lines.
I didn't look in that FTR/ FL and they did't get back in yet, could be FTB (first time back) for bounce, would need to look deeply what's in there.

Nice to see that you've send the question elsewhere to!

wow sorry guys, my english is so bad
  • #686
  • Nov 4, 2016 7:02am Nov 4, 2016 7:02am
Quoting Al3cs
Thank you mertch. I have a question about that FL. Are you considering that one because that's the DP to break origin of last move up? Or simply because it is the most recent? Isn't the "Don't know what's in there?" another FL that ENG the one on his left(not marked, last FTR up)? Thank you for your time
I can see something in this that way.
Some will see other things that I didn't look at.

Interpretation is part of that game, We need to draw different scenario, each of us. Then we can have different view of it.

I'm far from being god.
  • #687
  • Nov 4, 2016 7:53am Nov 4, 2016 7:53am
Quoting mertch
{quote} .. I'm far from being god.
It is another story to learn your abbreviations....
  • #688
  • Nov 4, 2016 8:33am Nov 4, 2016 8:33am
Quoting mertch
{quote} I can see something in this that way. Some will see other things that I didn't look at. Interpretation is part of that game, We need to draw different scenario, each of us. Then we can have different view of it. I'm far from being god.
I know what you're able to do and, yes, we all can have different points of view but aren't we here for this reason?
I will take a closer look to it in lower time frames and try to decipher the puzzle.
Thanks again
  • #689
  • Nov 4, 2016 9:52am Nov 4, 2016 9:52am
Quoting ruma29
{quote} It is another story to learn your abbreviations....
No more abb. , will keep it easy, sorry.

Took bounce
Attached Image (click to enlarge)
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  • #690
  • Nov 4, 2016 10:14am Nov 4, 2016 10:14am
Quoting mertch
{quote} No more abb. , will keep it easy, sorry. Took bounce {image}
Amazing

Btw,how staged seems to be???
"Arabs oil news" ->spike up & drop
  • #691
  • Nov 4, 2016 10:22am Nov 4, 2016 10:22am
Quoting timos
{quote} Amazing Btw,how staged seems to be??? "Arabs oil news" ->spike up & drop
I don't follow news
  • #692
  • Nov 4, 2016 10:23am Nov 4, 2016 10:23am
Quoting mertch
{quote} No more abb. , will keep it easy, sorry. Took bounce {image}
I'm with you
Attached Image (click to enlarge)
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  • #693
  • Nov 4, 2016 10:25am Nov 4, 2016 10:25am
Quoting Al3cs
{quote} I'm with you {image}
You've got 3pip better than me, nice catch!
  • #694
  • Nov 4, 2016 10:28am Nov 4, 2016 10:28am
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-04 16_26_12- [AUDCAD.lmx,Daily].png Size: 84 KB
  • #695
  • Nov 4, 2016 10:28am Nov 4, 2016 10:28am
Quoting mertch
{quote} I don't follow news
I know.
Just stating how the "news" "move" the markets
  • #696
  • Nov 4, 2016 10:31am Nov 4, 2016 10:31am
Quoting timos
{quote} I know. Just stating how the "news" "move" the markets
It's a big debat, but for myself, I don't believe in it. I see some accelaration when news come but I don't change my levels for good or bad news.
For the others that think news move the market, I'm ok with that.
  • #697
  • Nov 4, 2016 10:36am Nov 4, 2016 10:36am
Quoting mertch
{quote} You've got 3pip better than me, nice catch!
The problem (mine) is management (of emotions) and exit.
I hope to don't throw this one out of the window
  • #698
  • Nov 4, 2016 10:39am Nov 4, 2016 10:39am
Quoting Al3cs
{quote} The problem (mine) is management (of emotions) and exit. I hope to don't throw this one out of the window
Cover your a**, TP some and let it run. It can bounce in your face anytime. ucad has a lot of Compression to break. No warranty on it.
  • #699
  • Nov 4, 2016 10:47am Nov 4, 2016 10:47am
it is like over for today...price is dwelling few pips up , few pips down...
  • #700
  • Nov 4, 2016 10:55am Nov 4, 2016 10:55am
Quoting mertch
{quote} No more abb.
This is a self-contradiction
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