Key Reversal & Key Continuation Days

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

Fxforce
rank: <50 posts
rank: <50 posts
Posts: 32
Joined: Fri Feb 12, 2010 5:02 pm
Reputation: 0
Location: Kraków
Gender: Male

Postby Fxforce » Sat Nov 06, 2010 5:44 pm

Very interesting thread. Thanks FX-Jedi for your input. Will you continue it ?
In my opinion this thread is underrated and unfortunately got dead. I decided to refresh it.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
***FX-JEDI***
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Tue Jun 09, 2009 10:48 am
Reputation: 0
Location: Newcastle
Gender: Male

Postby ***FX-JEDI*** » Mon Nov 08, 2010 1:15 am

Thanks Fxforce,

I think from now on I will post all my stuff in this thread that I started,
trades, what I'm thinking etc,

Cheers
Its better to be out of the market wishing you were in,
then being in the market wishing you were out.....

User avatar
Jalarupa
rank: 1000+ posts
rank: 1000+ posts
Posts: 1141
Joined: Tue Feb 23, 2010 5:50 pm
Reputation: 2
Location: South Africa
Gender: None specified
Contact:

Postby Jalarupa » Mon Nov 08, 2010 4:16 am

Awesome FX! I'm keen to see what you see :D

The force is strong within you!
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

User avatar
***FX-JEDI***
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Tue Jun 09, 2009 10:48 am
Reputation: 0
Location: Newcastle
Gender: Male

Postby ***FX-JEDI*** » Mon Nov 08, 2010 9:04 am

Had day off work today, So got a few pips in the morning, I nearly went long where I got out just above whole number 1.6100 this morning but didn't :-(, is this level going to hold??? or is there a deeper retrace yet to be had??, had to go mow the yard so didn't really get a time to trade.

am short now tho again, see pics for reasons..
Attachments
Screenshot - 8_11_2010 , 12_53_54 PMa.png
Screenshot - 8_11_2010 , 12_53_54 PMa.png (75.93 KiB) Viewed 1915 times
Screenshot - 8_11_2010 , 12_58_29 PM.png
Screenshot - 8_11_2010 , 12_58_29 PM.png (92.21 KiB) Viewed 1915 times
Screenshot - 8_11_2010 , 7_54_42 PM.png
Screenshot - 8_11_2010 , 7_54_42 PM.png (77.31 KiB) Viewed 1915 times
Its better to be out of the market wishing you were in,

then being in the market wishing you were out.....

User avatar
***FX-JEDI***
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Tue Jun 09, 2009 10:48 am
Reputation: 0
Location: Newcastle
Gender: Male

Postby ***FX-JEDI*** » Mon Nov 08, 2010 9:16 am

:)
Attachments
Screenshot - 8_11_2010 , 8_13_35 PM.png
Screenshot - 8_11_2010 , 8_13_35 PM.png (35.27 KiB) Viewed 1909 times
Its better to be out of the market wishing you were in,

then being in the market wishing you were out.....

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
***FX-JEDI***
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Tue Jun 09, 2009 10:48 am
Reputation: 0
Location: Newcastle
Gender: Male

Postby ***FX-JEDI*** » Mon Nov 08, 2010 9:47 am

exited just above whole number 1.6100, not keen on selling into support area.. got a few pips
Its better to be out of the market wishing you were in,

then being in the market wishing you were out.....

Fxforce
rank: <50 posts
rank: <50 posts
Posts: 32
Joined: Fri Feb 12, 2010 5:02 pm
Reputation: 0
Location: Kraków
Gender: Male

Postby Fxforce » Mon Nov 08, 2010 6:06 pm

Very nice trading FX-Jedi ! I wish I could trade as you. Now I can see that you can anticipate KR on daily chart...My trades are very rare. Look for confluence as you taught (KR, SR, LT, Fibo, whole number, etc.) and now my base chart is daily. So I need perfect setups and if I get one I wait for some retracement. Unfortunately I have no patience and don't wait for confirmation on lower TF (for instance momo and ZL, rat reversal, KR) but despite of this it seems to work for me. Usually I set limit order on Fibo level or lower TF SR. SL is another Fibo level or SR. I prefer when KR or KC days are simulatenously pinbars or engulfing patterns.

I've heard about Bredin's finding about statistical daily candles making first high when they are bearish and vice versa :D .

Cheers

User avatar
bacoazul
rank: 150+ posts
rank: 150+ posts
Posts: 259
Joined: Wed Sep 30, 2009 12:31 pm
Reputation: 0
Gender: Male

Postby bacoazul » Mon Nov 08, 2010 6:19 pm

***FX-JEDI*** wrote::)

Wow man your chart looks exactly like mine.
I'm not 100% sure of how you trade, i just
trade MOMO's and higher TF's extremes,
but even the lines you draw are like mine
so i think we both are seeing the same thing.
Congratz on your trading
These are my principles. If you don't like them, I have others.

User avatar
***FX-JEDI***
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Tue Jun 09, 2009 10:48 am
Reputation: 0
Location: Newcastle
Gender: Male

Postby ***FX-JEDI*** » Tue Nov 09, 2010 10:28 am

Fxforce wrote:Very nice trading FX-Jedi ! I wish I could trade as you. Now I can see that you can anticipate KR on daily chart...My trades are very rare. Look for confluence as you taught (KR, SR, LT, Fibo, whole number, etc.) and now my base chart is daily. So I need perfect setups and if I get one I wait for some retracement. Unfortunately I have no patience and don't wait for confirmation on lower TF (for instance momo and ZL, rat reversal, KR) but despite of this it seems to work for me. Usually I set limit order on Fibo level or lower TF SR. SL is another Fibo level or SR. I prefer when KR or KC days are simulatenously pinbars or engulfing patterns.

I've heard about Bredin's finding about statistical daily candles making first high when they are bearish and vice versa :D .

Cheers


I'm sure you can, I'm not that good yet..
seems like you have it sorted out..

I am impatient also..lol which gets me into trouble...got whacked a few times around 1.6100, even when I was in a bit of profit...
looks like my Bearish HR KEYREV trade is turned out ok for at least 50pips except I got out early, ...
Just need to believe in myself a bit more...

I am long on GBP/USD now just above 1.6100
Is the up move now going to continue??... that is what I ask myself.. looking ok so far...lol
Attachments
Screenshot - 9_11_2010 , 9_21_47 PM.png
Screenshot - 9_11_2010 , 9_21_47 PM.png (46.93 KiB) Viewed 1788 times
Screenshot - 9_11_2010 , 9_09_30 PM.png
Screenshot - 9_11_2010 , 9_09_30 PM.png (67.44 KiB) Viewed 1788 times
Its better to be out of the market wishing you were in,

then being in the market wishing you were out.....

User avatar
***FX-JEDI***
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Tue Jun 09, 2009 10:48 am
Reputation: 0
Location: Newcastle
Gender: Male

Postby ***FX-JEDI*** » Tue Nov 09, 2010 10:33 am

bacoazul wrote:Wow man your chart looks exactly like mine.
I'm not 100% sure of how you trade, i just
trade MOMO's and higher TF's extremes,
but even the lines you draw are like mine
so i think we both are seeing the same thing.
Congratz on your trading


Cheers Mate,

Looks like ur smashing it.. had a quick look in Braathen Lounge..

Least I think I'm seeing something right then...

I am learning momo, higher TF extremes, get in off RAT TRADES & KEYREV candles...
Its better to be out of the market wishing you were in,

then being in the market wishing you were out.....

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”