lukx zline trading log + cfabian p.35 + adaseb p.48

[prochargedmopar]

The magenta line does look like a Z-line if you combine the candles in your head on a zoomed out chart......... Edited pic to add a couple technicals.
Wood to chop.

[es/pip]

i simply do not see the point in me trying to do this when i am trying to trade 4 pairs


my money is more important to me then making a call in real time


lol

[prochargedmopar]

Ok, fair enough.
skype and boards can be a major distraction for sure.
Then again. TRO does some great juggling in his room, but he's not normal.
LOL

[prochargedmopar]

We are all taught to be discretionary traders here.
No system, trade what you see.

The middle of a pennant usually (high probability) provides support on retest.
2 times and counting.



EU H1 chart.
Wouldn't that be sweet.
What do ya'll think??

Any predictions?



Nope, not breaking yet!

[newark18]

How do people interpret when price moves up but the only action is on the bid and not the ask? I guess there aren't a lot of aggressive buyers. But why would price keep moving up? To put up an illusion? It's happening now on GJ. My guess is that it is going to tank.

Or maybe someone wants the sellers to accumulate a position? I guess we will see.

[es/pip]

How do people interpret when price moves up but the only action is on the bid and not the ask? I guess there aren't a lot of aggressive buyers. But why would price keep moving up? To put up an illusion? It's happening now on GJ. My guess is that it is going to tank.

Or maybe someone wants the sellers to accumulate a position? I guess we will see.

forex only prints the bid

if it is trading 1.3600 x 1.3601

and you buy 1.3601

it will not print that price of 01 until the bid reaches 01

[newark18]

wha??? that's retarded and not very perceptive of me.

[es/pip]

We are all taught to be discretionary traders here.
No system, trade what you see.

The middle of a pennant usually (high probability) provides support on retest.
2 times and counting.



EU H1 chart.
Wouldn't that be sweet.
What do ya'll think??

Any predictions?



Nope, not breaking yet!

lol

i was short thinking we were going to see the 66 i was talking about earlier

all looked good till it didnt anymore

was also short the pound of the m15 and thought i had something good

and that came right back at me as well

pretty uneventful asia for me

made a few

this is what i would be looking at for the euro h1

going to sleep

[newark18]

Is weds night (EST) usually very quiet? I was expecting a little more volume than what I am seeing now.

[Humble]

Pro hope you don't mind, we all seem to draw these lines a bit different.

Interesting thing is, if we are focusing on what MO es/pip and dragon are telling us, we see that whilst they all say the same thing, they draw their lines a bit different to each other and yet they all work!