Kreslik.com - traders community since 2006

Nice, well done! Wish I had 174 pips, only managed to get 50 so far, lets see what the rest of the day brings.

MO can confirm or deny the above---- thats how i understand it --- may be incorrect i haven't spent a ton of time on any of this yet Well thank you anyway. I still like an insight from other people on how they perceive this information, especially someone like you, who I consider to have a very goo...

3. Have to define, precisely, what S&R is. 4. Have to define, precisely, what average is. Each step must be precisely defined. you take a short position at 100 it goes to 50 bounces to 75 you want to short more you want your average above the bounce --- say 76 100 + x / 2 = 76 x is your entry t...

Have you figured out your entries on this?/How good are you on your entries with this? Are you watching multiple pairs? Going for more than one Weekly Crash at a time? I study the market mostly on the weekends and get a game plan for the following week. I watch about 12 pairs. I look for set ups co...

MO, I really love this method that you have laid out. It forces you to focus on S&R lines and areas. Price actions become so much meaningful when near these lines. Before I was merely watching price action letting my emotions tell me whether price was going to continue or reverse. Now I feel li...

Manta, Don't take this personally, but if I want to comb the forums 80 hrs a week and ask 500 questions a day, in my thread, then that's just what I'll do. Think of it like this, you come into my house and I irritate you...........well you can figure it out. I'm sure cfabian appreciates your concer...

Hi Pro, Thanks for the info on what indi to identify the daily high, do you find this the best one to identify the daily high/low? I agree with you on your interpretation of Mo's method, except for number 4. Mo said "Placing an average is like going back in time and entering where you would hav...

By the way guys when you say "cover" when in a trade, what exactly do you mean?

1. Close trade and enter at better price
2. Close half your trade and open in opposite direction.
3. Close your complete trade and open in opposite direction

Lol! I know what you mean Bredin, my brain has the same effect on me. After some severe brain punishment , things do start to become clearer though. You got to go through some tough times though.

Gaps are interesting. Sam Seiden spoke about gaps as the ultimate in S&D imbalance.