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- Dishwasher replied Apr 3, 2011
[quote=Decimal;4518414] Hi decimal, that is similar to how I trade /es. About 4 lots should be minimum, 1-2 is very difficult. Daytrading wise, I mark the globex high and low of day then look for pivot support and resistance S1 and R2 if we are in ...
Price is everything
- Dishwasher replied Apr 3, 2011
[quote=Venice;4518328] I opened up a small forex account because I'm actually trying to move away from the futures market. Plenty of games being played there also. You are also really limited to time of day for reliable setups. If trading SP /es ...
Price is everything
- Dishwasher replied Apr 2, 2011
Just some thoughts on GBP/USD, Red and others - would love your thoughts on it also. 30min chart on Friday - touched the supply zone, and if you are scalping, a short could be taken here. However, a close up of the price action (2nd chart) looks ...
Price is everything
- Dishwasher replied Apr 2, 2011
Agree, they are very subjective and hard to trade. When you get gaps in and out of forks it seems like you have a pretty solid formation though. The supply and demand zones (and whole way of thinking about the market) Red and Sam Seiden teach are ...
Price is everything
- Dishwasher replied Apr 2, 2011
Forks used to be one of my main tools. Here is my daily.
Price is everything
- Dishwasher replied Mar 31, 2011
We can agree to disagree or whatever, but I will tell you from experience that reading these types of perma-bear or perma-bull type of websites will put a nasty kind of bug in your head. A bug that turns into a disease that will corrupt your ...
EURUSD
- Dishwasher replied Mar 31, 2011
I disagree, this site is very bearishly biased and will do harm to your trading psychology and trading account. I would advise all new traders to avoid these types of websites, they feed off of rumors and one sided reporting. News is all bullshit ...
EURUSD
- Dishwasher replied Mar 31, 2011
The levels you have make sense to me, but which ones are really important and which ones should be ignored? I would like to see price test the blue area for me to take a position long if price action gets bullish. The rally from that blue area looks ...
Price is everything
- Dishwasher replied Mar 31, 2011
There are two supply zones in the chart, the one you have marked in your chart and one right above it. The one you have marked turned out to be a trap, sucking in breakout traders to go long, and freaking out weak short sellers. Then price touched ...
Price is everything
- Dishwasher replied Mar 31, 2011
F*ckers tried to shake me out. Went to manual stop after Red mentioned the trap zones. Bought more south when it spiked the 2nd demand zone sold most into compression. Moving stops to break even on runner.
Price is everything
- Dishwasher replied Mar 30, 2011
nzdusd — NZD/USD at supply on 4 hour. Look at that spike down on the 1 min. Hey Red, didn't you say that spikes like that often happens before a trend change?
Price is everything
- Dishwasher replied Mar 30, 2011
It looks like a bunch of breakout traders might have gotten caught long. I'm keeping it small and only scalping until this zone shows us it's true hand.
Price is everything
- Dishwasher replied Mar 29, 2011
Sorry for the ignorance, but what is gbpsek? I don't seem to have access to that through my broker.
Price is everything
- Dishwasher replied Mar 29, 2011
Short USD/CHF for possible scalp. All those long tailed 15 min candles all day look like compression.
Price is everything