ProchargedMopar's Trading Trilogy

[prochargedmopar]

UJ h4 level drawn last week, and the m5 coming in for first contact.

http://screencast.com/t/fnHTGg0V

[prochargedmopar]

Ecad h4 levels review/study.



There is a nested h1 level within the h4 level that is still holding.
Scalp level?

[prochargedmopar]

That's gotta be a loss in most peoples book.
Unless you've got option like staying power.
Seen this on a few chf pairs.

https://prochargedmopar.tinytake.com/sf ... BfMjc4ODcw

[prochargedmopar]

Strength of level?

[aliassmith]

That little red box isnt' much, Should have clear sailing to 1.4350 if this low holds.

Only looking at H1 and M15
I shorted it so it would go lower....1.3990

didn't hit my target, but I did grab some space.
You can have it back now

[prochargedmopar]

Thanks,
It did get DAMN close though.
Nice vision.

[prochargedmopar]

Question.
Why would someone who is entering the market counter trend ever NOT enter @00?

[aliassmith]

Question.
Why would someone who is entering the market counter trend ever NOT enter @00?

Why do you ask? Does your data show that most
counter trend moves begin there?

[prochargedmopar]

Question.
Why would someone who is entering the market counter trend ever NOT enter @00?

Why do you ask? Does your data show that most
counter trend moves begin there?

GU against massive down trend:


Ecad huge spike up and then back down.


What do you see? How can we use this info. for profit?

[prochargedmopar]

This was a stupid counter trend buy.
Was in a chat room and a guy pulled out the "bazooka" to get himself out of a bad
situation, figured I jump in on back side of TL hit.
Sl and trade size both small, will dump it if it breaks lows.
Can get in later easily.
Not demand should be over the low extreme instead of the compression area.
first possible real supply tapped that thing on the head like a hammer.
Dang.