MORE ON THE RAT:
http://itre.cis.upenn.edu/~myl/language ... 02700.html
Remember, you are either a red rat, a green rat or a Yale student. If you do not understand why you can't switch between red and green, then you are DEFINITELY a Yale student.
Never Lose Again
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- TheRumpledOne
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- Braathen
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Id just like to say great trading everyone
jedi u r teh masta
Anyway been sick for a while.. just got back this morning.. 100 pips short on the GU.. couldnt be arsed posting pik atm.. still not feeling great
Anyway been sick for a while.. just got back this morning.. 100 pips short on the GU.. couldnt be arsed posting pik atm.. still not feeling great
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-
MO-
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- pablo101
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PTG wrote:Good stuff, pablo101 !
Where does your weekly demand originate from ?
The first zones on W1 that haven't been revited as I see them are
Supply: 1.7040-1.7310
Demand: 1.5060-1.5347 or even 1.4650-1.4842
Hi PTG,
I have a turn point on week starting from 2nd Aug. The area I marked is between 1.67207 to 1.67115.
I see this area as supply because the market significantly dropped away the following week, which I interpreted as more sellers than buyers.
Then today when the market was above this area, I saw the area as a support (demand) area and so my long trade.
I'm worried now, am I not looking at this correctly?
WAS A YALE STUDENT. Now? Let's see!
pablo101 wrote:PTG wrote:Good stuff, pablo101 !
Where does your weekly demand originate from ?
The first zones on W1 that haven't been revited as I see them are
Supply: 1.7040-1.7310
Demand: 1.5060-1.5347 or even 1.4650-1.4842
Hi PTG,
I have a turn point on week starting from 2nd Aug. The area I marked is between 1.67207 to 1.67115.
I see this area as supply because the market significantly dropped away the following week, which I interpreted as more sellers than buyers.
Then today when the market was above this area, I saw the area as a support (demand) area and so my long trade.
I'm worried now, am I not looking at this correctly?
Don't know, can't check right now. I was just wondering, it might be me who's looking at the wrong area..
Will check later today !
There's no business like [strike]show[/strike] covid19 business.
pablo101 wrote:PTG wrote:Good stuff, pablo101 !
Where does your weekly demand originate from ?
The first zones on W1 that haven't been revited as I see them are
Supply: 1.7040-1.7310
Demand: 1.5060-1.5347 or even 1.4650-1.4842
Hi PTG,
I have a turn point on week starting from 2nd Aug. The area I marked is between 1.67207 to 1.67115.
I see this area as supply because the market significantly dropped away the following week, which I interpreted as more sellers than buyers.
Then today when the market was above this area, I saw the area as a support (demand) area and so my long trade.
I'm worried now, am I not looking at this correctly?
Ah, now I see, Pablo101 !
I haven't marked it. If I would have put a zone there it would have been from 1.6534 to 1.6714 (give or take), or rather from 1.6200-ish to 1.6714. It has been bouncing up and down in that area since early June.
From the W1 and D1 perspective your trade looks like a breakout trade (to the upside) which is not high prob/low risk. Waiting for a retrace on W1 or D1 would have been.
I had marked another area from 1.6934 to 1.6989 to be the next zone on D1 that hasn't been revisited.
I think that you want to find those areas in places where a) you can collect as many bodies as possible, b) where momentum ends and turns around.
Having said that, I suppose that everyone has different views. Let me know what you think !
There's no business like [strike]show[/strike] covid19 business.
- TheRumpledOne
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