Postby cfabian » Wed Dec 23, 2009 10:08 pm
Well well well...
I've been a victim of my own. After having said those words to Pablo, I "spotted" some trades and got nothing but 50 pip loss on 2 trades.
Isn't it ridiculous? I was convinced there was no trades there, and there I go and put mi nose in just to get my ass kicked hardly. Not worth posting them as were merely stupidities trying to get some pips out of nowhere.
Shall we wait till January?
cfabian wrote:Pablo,
That set up does not look appealing to me.
Be careful with that H4, as price has already touched the zone 12 hrs ago, thus no longer valid. Price is congesting at that point, so I would wait to see some action in order to act. So, in my opinion, I would have gone to bed.
pablo101 wrote:Hi all, 2 days before Christmas! I watched 2012 in the cinema last night and it was damn depressing, but had to console myself by saying it is just a movie.
Whilst sleeping, the GU hit a H4 zline recently and I am trying to analyse what I would have done. I can see daily and H4 will close above this line so I betting longs at this point ... but of course I will trade what I see. Can someone point out if my entries for zlines are spot on or premature or too late or you wouldn't have entered? I know 15 min is more reliable than the 5 min but I made an analysis anyway to see if I'm really picking things up or if I'm way off course.
Also H4 has been crossed a few times, I like to hold for the mega pips but after the first entry I'm playing SR with the other wicks.
Here's the H4:
Here's the 5 min and 15 min, thick blue lines is for possible entries. For (8 ), I'm guessing still have to wait, hasn't finished playing out yet
WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"