- Search Metals Mine
- 674 Results (636 Replies, 38 Comments)
- Sossos replied Sep 9, 2018
As always the market will do what it does. One of the more reliable methods that I've seen to see or find levels is with Ata's cloned trend line breakout levels. They get retested often and usually quite precisely. (It's a clue when it gets sloppy). ...
EURUSD only
- Sossos replied Sep 5, 2018
Type in KiwiOz in the search box. There 68 pages on the subject.
EURUSD only
- Sossos replied Sep 5, 2018
Don, the stop loss is essentially a function of where are you wrong. Usually it's a low/high point that occurred prior to your trade. So if your entry point is 20 ticks from that structure, also add a few ticks buffer for the spread, say now your at ...
EURUSD only
- Sossos replied Sep 5, 2018
Something like this. And I guess that would be considered support not resistance.
EURUSD only
- Sossos replied Sep 5, 2018
Ata took his trade long off the resistance point around the 1.1545 area. That was created by the prior trend line break.
EURUSD only
- Sossos replied Sep 5, 2018
Lots of Mo coming down here, not a single blue (up close) bar on the way down. I would expect at least a test of 1.1545 and maybe a closing low under 1.1555 on the hourly chart.
EURUSD only
- Sossos replied Sep 4, 2018
Hmmmm. We're under the MA, under the LO and banging the bottom where price went flat for 5 hours. I need more proof to go long. Good luck.
EURUSD only
- Sossos replied Sep 3, 2018
I'm sorry. My question was related to the drawing of the magnetic lines. But in particular when you start to project for targets. Add on. After looking at the chart for a while I see why you like the 50-55 MA, it slides into the mag line resistance ...
EURUSD only
- Sossos replied Sep 3, 2018
Do you use the same angled line to double out or do you wait for the second push (down in this case) to draw another angled line to measure the double out from the base of the prior swing?
EURUSD only
- Sossos replied Sep 3, 2018
Cool, Thanks I saw KiwiOz doing that measurement, but I missed the explanation, if he did
EURUSD only
- Sossos replied Sep 3, 2018
I'm not sure how you came to the 1.1620 number as resistance. Could you explain please?
EURUSD only
- Sossos replied Sep 3, 2018
I just hate it when such a beautiful entry gets hosed. Back to the drawing board.
EURUSD only