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9er replied Dec 6, 2012Two minutes left in this candle. A push through the 200 does not surprise me, but it occured in area that exposes my risk on the sell stop. Still cautious. I will delete previous sell stop and enter sell stop with lower risk potential
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9er replied Dec 6, 2012Can you elaborate on the crossing of the 200's? Not familiar with the EMA
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9er replied Dec 6, 2012Sure we can not use it at times. However, as I said previously I need to see some progression through the 4H chart. An argument can be made for pullback or reversal. In my experience until all time frames line up and all drop below the 200 there is ...
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9er replied Dec 5, 2012Snapshot 30M. UK is still 2.5 hours from open. As I said previously low volume has a way of killing the most perfect setups. As price moves sideways and rides the 200 upwards it pulls price farther away from my sell stop, leaving room from a break ...
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9er replied Dec 5, 2012Thanks for clarifying what Nunix said. I apologize for using the word language. What I meant by saying using the "same language" was speaking the same in terms of "style" as it applies to other pairs. Use the same "style" of trading. If you are ...
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9er replied Dec 5, 2012The 1H - Does anyone see the cute little ABCD sub-wave? This is interesting because price is sitting on S1, which coincides with the 50.0 fibo of the C to D leg, the AO does not agree as it along with price are declining. RSI swooped in 30 and has ...
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9er replied Dec 5, 20124H: Currently sitting on S1, 23.6 fibo punched, just below the 38.2 is the S2. Price is also directly inside the mouth of the alligator. The divergence was finally respected with the AO. Upward momentum is declining and the RSI has touched the 50. ...
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9er replied Dec 5, 2012Any pair you wish. My preference is the EU. Feel free to post any pair as long as we speak the same language!
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9er replied Dec 5, 2012From the broader perspective the Daily. Regardless of the breakout witnessed yesterday the daily is in a very strong uptrend. Yesterday's high fell short of a double top formation at 31255 (double top at 31385) keeping inline with the falling ...
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9er replied Dec 5, 2012Couldn't concur more. The first goal is to lock in pips when a trade triggers. The premise of my 30M sell is just that, from the 30M. As with the 5M and 15M the 30M needs to clear the same obstacle. If in fact it does, this leads directly into your ...
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9er replied Dec 5, 2012I am off to my coffee and a shower. Be back in about an hour or so. I will post my D,4H and 1H charts then. Also one last thing, the bullish butterfly on the 30M is pretty weak
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9er replied Dec 5, 2012I am going to buck the trend and start today at the 30M. Remember yesterday we needed to clear the obstacles from the 5M, 15M? The 200 was cleared at both TF's. I personally had a very nice day yesterday. But now we get to brass tacks. The 30M is ...
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9er replied Dec 5, 2012Nunix - keep in mind that the AO does lag just a bit. But your approach is spot on
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9er replied Dec 5, 2012Ozzie - love the chart and the premise! Very well spoken. Did you look to the 30M 200 approaching
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9er replied Dec 5, 2012Actually it pierced 23.6 and touched 50 then returned the call to the gartley!
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9er replied Dec 5, 2012Need everyone to remember back to when we first started this thread. The RSI has crossed below 50, so we are anticipating bearish outlook. The fact that the candles paint a bullish pattern does not in and of itself indicate a reversal. The reversal ...
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9er replied Dec 5, 2012Might be a bit premature to say this, but believe what we'll see is a retrace on the 1H (pending news) to the alligator. The current low (or the S1 level, will turn to first down fractal out of the mouth calling for a sell stop 3 pips below the S1.
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9er replied Dec 5, 2012Bullish engulfing? Then or now? The news in 9 minutes is a significant release.
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