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  • #14,781
  • Aug 20, 2014 4:22am Aug 20, 2014 4:22am
Quoting lorix
{quote} how are you buddy and how is ur trading going
I am still learning and in the red a lot
  • #14,782
  • Aug 20, 2014 4:25am Aug 20, 2014 4:25am
Quoting ronelprinslo
{quote} I am still learning and in the red a lot
you had the chance to close the longs that day and re-inter shorts didnt u do that?
Senior Trader Multi-Account Manager
  • #14,783
  • Aug 20, 2014 4:29am Aug 20, 2014 4:29am
Quoting lorix
{quote} you had the chance to close the longs that day and re-inter shorts didnt u do that?
Yes I did, and also have more longs waiting....
  • #14,784
  • Aug 20, 2014 4:33am Aug 20, 2014 4:33am
Quoting ronelprinslo
{quote} Yes I did, and also have more longs waiting....
may back to test the 1300 zone again, for me i wont go long ill keep shorting higher we are getting closer and closer to the end of the weekly chart triangle a major move is coming mostly to the down side i dont wanna miss this move planing to get as much as i can a good price before it happens
Senior Trader Multi-Account Manager
  • #14,785
  • Aug 20, 2014 4:37am Aug 20, 2014 4:37am
always keeping my eyes on this
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Senior Trader Multi-Account Manager
  • #14,786
  • Aug 20, 2014 4:41am Aug 20, 2014 4:41am
what do u think ?

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  • #14,787
  • Aug 20, 2014 4:42am Aug 20, 2014 4:42am
Quoting lorix
{quote} may back to test the 1300 zone again, for me i wont go long ill keep shorting higher we are getting closer and closer to the end of the weekly chart triangle a major move is coming mostly to the down side i dont wanna miss this move planing to get as much as i can a good price before it happens
Thank you, I will focus on shorts as well. Do you mainly use the weekly chart timeframe?
  • #14,788
  • Aug 20, 2014 4:43am Aug 20, 2014 4:43am
hi everyone i changed location of wave e on my possible wave structure . . looks like a good fractal
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  • #14,789
  • Aug 20, 2014 4:48am Aug 20, 2014 4:48am
Quoting ronelprinslo
{quote} Thank you, I will focus on shorts as well. Do you mainly use the weekly chart timeframe?
indeed mate
its the weekend home work always keepit loaded infront of you once you lose the feeling of the market direction back again to the chart and put a new plan again
Senior Trader Multi-Account Manager
  • #14,790
  • Aug 20, 2014 4:49am Aug 20, 2014 4:49am
Quoting selcuklu
hi everyone i changed location of wave e on my possible wave structure . . looks like a good fractal {image}
my stop is 1282 for the wave count
  • #14,791
  • Aug 20, 2014 4:52am Aug 20, 2014 4:52am
Quoting lorix
{quote} indeed mate its the weekend home work always keepit loaded infront of you once you lose the feeling of the market direction back again to the chart and put a new plan again
When and how would you use 4hour, 1hour, 30 min, 15min,10min, 5min & 1min charts?
  • #14,792
  • Aug 20, 2014 4:56am Aug 20, 2014 4:56am
Quoting ronelprinslo
{quote} When and how would you use 4hour, 1hour, 30 min, 15min,10min, 5min & 1min charts?
i look at all at the same time this is a pic of my active work screen and charts
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Senior Trader Multi-Account Manager
  • #14,793
  • Aug 20, 2014 5:07am Aug 20, 2014 5:07am
Quoting lorix
{quote} i look at all at the same time this is a pic of my active work screen and charts {image}
I see, thanks, that make sense.
  • #14,794
  • Aug 20, 2014 5:40am Aug 20, 2014 5:40am
Quoting ClockTrader
Yea, a bounce to kill the sellers, this is what I'm looking at, thats why took 2 longs with SL @ 1289, kinda risky test. At the same time I do expect stormy sessions tomorrow and day after, needless to say spikes in South will occur too, once it kools down, I'd like to buy (invest). Perhaps invest on Fri and Mon w/o SL. Too early to think on those lines.. A 10 $ fall today and 10 - 20 $ fall by weekend does not fit in my analysis. {quote}

I don't know,, i know they love to destroy people on both sides of the trade. And being that most people are long I'm more bias to seeing big spikes downward. But I also think EUR/USD is bottoming short term and USD JPY topping out , both likely to happen with FOMC. So gold shooting up on FOMC or sometime later this week would make sense to me. But before that happens maybe a nice spike downward…. till tho 1290-1293 area is nice support and could hold for sure.
  • #14,795
  • Aug 20, 2014 6:01am Aug 20, 2014 6:01am
sell limit here @ 1297
Senior Trader Multi-Account Manager
  • #14,796
  • Aug 20, 2014 6:03am Aug 20, 2014 6:03am
Could be the start of the bullish move now…… I wish all of you the best this week. Whatever you do, just manage your money properly
  • #14,797
  • Aug 20, 2014 6:03am Aug 20, 2014 6:03am
Quoting andexQ
{quote} One more leg down on H4 before actual bottom on Daily to occur.. just my opinion.

Thats it,
seem we already have it, from now PA should retest 1302.. G/L.
  • #14,798
  • Aug 20, 2014 6:09am Aug 20, 2014 6:09am
Quoting andexQ
{quote} Thats it, seem we already have it, from now PA should retest 1302.. G/L.
its very likely that this spike will turn out to be a trap so you better take care.
I recommend you read something else as this sentence is now concluded.
  • #14,799
  • Aug 20, 2014 6:13am Aug 20, 2014 6:13am
Quoting Obaidah
{quote} its very likely that this spike will turn out to be a trap so you better take care.

Always .. TY.
  • #14,800
  • Aug 20, 2014 6:15am Aug 20, 2014 6:15am
Quoting andexQ
{quote} Always .. TY.
welcome buddy ^_^
I recommend you read something else as this sentence is now concluded.
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