Kreslik.com - traders community since 2006

Well since Obama wants to keep enslaving us and deprive us of our rights, I guess its time to start making money with the EU again lol...gonna do more of a long term approach now....this trade is almost obvious, have had it marked for a few days http://img135.imageshack.us/img135/2148/euj1.gif Uploa...

Geez I am so hungover right now...as soon as I woke up I opened my Mt4 terminal and found a nice little surprise from yesterday...I didn't even realize I still had this open lol..might as well keep it open since hourly and daily look bearish and not work for a few days ;-) http://img573.imageshack.u...

Out BE...this thing is just playing ping pong now. Best thing to do now is to wait for a breakout, and Short or Long on retest.

Engulfed a third time...even failed to reach squiggly before engulfing, which is the same as a Higher Low

Edit: Went ahead and moved stop to BE

I lied lol...too good not to enter. Engulfed twice at squiggly, sellers so far have failed to reach demand zone at bottom, and they seem weak getting down...throwing another 5 pips out there.

Stopped out -5 right into my squiggly line...not going to re-enter but gonna keep an eye to see if my thinking was on the right track.

Blue supply zone is likely to get engulfed...I will post some charts why I took this long into a zone of sellers. Stop is only like 5 pips including spread...could very well get stopped out before it shoots up but definitely a good opportunity to get in with little risk. http://img857.imageshack.us/...

Of course, you can't trade solely based on that ever. The only reason price every moves up or down is because Supply > Demand or Demand > Supply...not because a squiggly line is touched. But, somehow squiggly lines and trend lines miraculously converge with SD zones and those trades are very high pr...

hey aj been lurking this thread for awhile now. what type of moving average do u use and what do u use it for I use a 267 Linear Weighted MA applied to the Close...when its hitting, its laser accurate when it converges with SD zones...every damn time frame. http://img202.imageshack.us/img202/2148/e...

Every cluster SD zone that price raced away from at least 2-3x the zone width has some sort of bounce...soooo easy to make pips. The areas are clear cut on the charts...the only work you have to do is figure out how you are going to enter and how many pips you have the balls to bag. Having a perfect...