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  • #4,401
  • Mar 21, 2014 7:12am Mar 21, 2014 7:12am
Quoting Nitsan_Levi
{quote} I move the stop to zero...price in 15 min very confusing ...
Yes 15M is showing firm resistance so far. Looking to clear this. Not so certain ATM.
To live a successful life, we must lose our fear of being wrong
  • #4,402
  • Mar 21, 2014 7:24am Mar 21, 2014 7:24am
15M is looking nasty
To live a successful life, we must lose our fear of being wrong
  • #4,403
  • Mar 21, 2014 7:29am Mar 21, 2014 7:29am
Quoting EatPIPs
15M is looking nasty
So do u think no more bulls?
  • #4,404
  • Mar 21, 2014 7:31am Mar 21, 2014 7:31am
Quoting EatPIPs
Sorry for all the charts dudes. 1HR fib trading targets from this weeks down move. {image}
Hey bro,

You are probably over-analyzing. Your view / direction should not change every 10-15 min.
If you are working on 15m TF, before jumping to any conclusion, watch the next bar on H1 too.
That will help you hold your horses.

In the beginning of this year, you gave a great call, I ignored it. You wanted to buy, buy for this whole year.

Well, it was a GREAT CALL, no doubt about that, closing / exit was never clear though.
Hello World!
  • #4,405
  • Mar 21, 2014 7:31am Mar 21, 2014 7:31am
Quoting kirkland
{quote} So do u think no more bulls?
15M has had 3 rejections on resistance.

However 1337 has held.

Anyones game at the moment IMO.
To live a successful life, we must lose our fear of being wrong
  • #4,406
  • Mar 21, 2014 7:32am Mar 21, 2014 7:32am
Quoting Nitsan_Levi
{quote} Depending on what is more certain in speceif time I do not show you but in many deals I brought here was Also AB = CD also Fibonacci 127.2 and 161.8 and PIVOT POINT Triangle Pattern I see the distances between the moving Averages and accounting entries in the professional trades (its say to me who open in Minus and who In plus and gonna out in profit) Counting inputs and outputs is the most important Like the example I showed here once It's very complicated so I will not go into it ,I try to show you things that will be easy to do to a new...
Thanks for giving a brief overview of how you determine when and when not to trade, its appreciated, even if its beyond me.

I prefer the boiled down version that I extracted personally....ie sma crosses using multiples frames to reference, especially if it more or less arrives at the same conclusion as your TA

I havent tried this idea yet, but the concept is nice n simple, I'll try this on Monday for small positions...lets see what happens.

Cheers for your help
  • #4,407
  • Mar 21, 2014 7:33am Mar 21, 2014 7:33am
Quoting ClockTrader
{quote} Hey bro, You are probably over-analyzing. Your view / direction should not change every 10-15 min. If you are working on 15m TF, before jumping to any conclusion, watch the next bar on H1 too. That will help you hold your horses. In the beginning of this year, you gave a great call, I ignored it. You wanted to buy, buy for this whole year. Well, it was a GREAT CALL, no doubt about that, closing / exit was never clear though.
Yeah I know dude. Im not over-analyzing, i'm just thinking out loud on here.

Before I always held my trades for at least a few days to a few weeks. It worked for me.

But recently I changed my trading plan and RR on my trades to mainly intraday trading therefore I have been trading both ways as of late.

I know I shouldn't post as much as it may confuse a lot of people here.
To live a successful life, we must lose our fear of being wrong
  • #4,408
  • Mar 21, 2014 7:39am Mar 21, 2014 7:39am
Quoting EatPIPs
{quote} Yeah I know dude. Im not over-analyzing, i'm just thinking out loud on here. Before I always held my trades for at least a few days to a few weeks. It worked for me. But recently I changed my trading plan and RR on my trades to mainly intraday trading therefore I have been trading both ways as of late. I know I shouldn't post as much as it may confuse a lot of people here.
Sorry folks if I have over-posted
To live a successful life, we must lose our fear of being wrong
  • #4,409
  • Mar 21, 2014 7:42am Mar 21, 2014 7:42am
Quoting EatPIPs
{quote} Sorry folks if I have over-posted
R0fl
That was from both me and eatpips
A trade should be based on an assumption based on facts
  • #4,410
  • Mar 21, 2014 7:46am Mar 21, 2014 7:46am
Quoting EatPIPs
{quote} Yeah I know dude. Im not over-analyzing, i'm just thinking out loud on here. Before I always held my trades for at least a few days to a few weeks. It worked for me. But recently I changed my trading plan and RR on my trades to mainly intraday trading therefore I have been trading both ways as of late. I know I shouldn't post as much as it may confuse a lot of people here.
Hey EP

Your posts seem fine to me, and they contain common sense and explanation of your thoughts.

I do think though you may have been premature closing your shorts, I can see it retracing to 1312-1315 very soon...maybe lower. My long term view is Bullish however and anticipate 1420+ in the next week or so.

Once I know how to attach charts here then I'll start posting some images
  • #4,411
  • Mar 21, 2014 8:05am Mar 21, 2014 8:05am
Quoting EatPIPs
{quote} Yeah I know dude. Im not over-analyzing, i'm just thinking out loud on here. Before I always held my trades for at least a few days to a few weeks. It worked for me. But recently I changed my trading plan and RR on my trades to mainly intraday trading therefore I have been trading both ways as of late. I know I shouldn't post as much as it may confuse a lot of people here.
If something is working for you, never move on without a solid reason rather try to refine it.

If you wanna switch to a new strategy, make sure to back test it first OR better deploy it on practice account first.
Hello World!
  • #4,412
  • Mar 21, 2014 8:09am Mar 21, 2014 8:09am
Personally I appreciate your analysis Eatpips but for now it doesn't suit my personal trading plan which for example requires me to stay away from trading throughout today, now it might seem like I am missing out on some potentially good trades however keeping it this way helps me keep out the emotions. And for those newbie traders who feel like they need to trade like you despite not having the years of xperience that you do I guess by now their account balance would be suggesting otherwise.
Less is more...
  • #4,413
  • Mar 21, 2014 8:12am Mar 21, 2014 8:12am
Quoting ajantala
Personally I appreciate your analysis Eatpips but for now it doesn't suit my personal trading plan which for example requires me to stay away from trading throughout today, now it might seem like I am missing out on some potentially good trades however keeping it this way helps me keep out the emotions. And for those newbie traders who feel like they need to trade like you despite not having the years of xperience that you do I guess by now their account balance would be suggesting otherwise.
  • #4,414
  • Mar 21, 2014 8:14am Mar 21, 2014 8:14am
Quoting ajantala
Personally I appreciate your analysis Eatpips but for now it doesn't suit my personal trading plan which for example requires me to stay away from trading throughout today, now it might seem like I am missing out on some potentially good trades however keeping it this way helps me keep out the emotions. And for those newbie traders who feel like they need to trade like you despite not having the years of xperience that you do I guess by now their account balance would be suggesting otherwise.
My apologies to anyone that I may of mislead in anyway.

I'll post once a day or something as I have said many times before but failed to do!
To live a successful life, we must lose our fear of being wrong
  • #4,415
  • Mar 21, 2014 8:19am Mar 21, 2014 8:19am
Quoting EatPIPs
{quote} My apologies to anyone that I may of mislead in anyway. I'll post once a day or something as I have said many times before but failed to do!

followers can never be mislead, they don't know better
A trade should be based on an assumption based on facts
  • #4,416
  • Mar 21, 2014 8:19am Mar 21, 2014 8:19am
No hard feelings EP, everyone knows that your intentions are always positive. Kindly keep your moral up and i love your posts.
  • #4,417
  • Mar 21, 2014 8:23am Mar 21, 2014 8:23am
Quoting EatPIPs
{quote} My apologies to anyone that I may of mislead in anyway. I'll post once a day or something as I have said many times before but failed to do!
Yeah keep going buddy....sharing is part of learning from each other!
  • #4,418
  • Mar 21, 2014 8:23am Mar 21, 2014 8:23am
I think it is Ok to post many, whether eventually turn out to be right or wrong.
No one is able to 100% all the time.
Everyone has their own analysis and interpretation.
Everyone should has their own judgment and decision, not merely following other.
Whatever the outcome is, it is their own responsibility.
  • #4,419
  • Mar 21, 2014 8:23am Mar 21, 2014 8:23am
I bought at the bottom of the 2nd shoulder, holding for now, might re-buy if it breaks the 400MA and 61.8 fib.
  • #4,420
  • Mar 21, 2014 8:29am Mar 21, 2014 8:29am
Quoting Idkurv
I think it is Ok to post many, whether eventually turn out to be right or wrong. No one is able to 100% all the time. Everyone has their own analysis and interpretation. Everyone should has their own judgment and decision, not merely following other. Whatever the outcome is, it is their own responsibility.
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