Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
milliard
-
Content Count
156 -
Joined
-
Last visited
-
My god almighty, not only do we got to contend with cackling, twittering broads sashaying around the joint like it’s some kinda Milan catwalk, but I now got Tudor Jones’ latest apprentice whistling in my ear. All we require now is George W & that other clueless old fart Greenspam to pull up a seat, & we got us a full set.
-
What, you adding child minding services to our ever growing list of duties around here now Krantz? Hey kid, take your teen angst comics & candy wrappers with you next time you park your rear at an empty terminal. And what you been told about betting against dominant trends?! That’s what you get listening to a bunch of wild assed women strutting round in outfits & heels costing more than the entire national debt of Iceland.
-
:o I think you'll find the flames on here resemble the power of a $2 cigarette lighter than the ferocity of the industrial flame thrower more common on other forum playgrounds. Besides, you make some very valid points. I doubt folks could really pick too many holes in those views.
-
There are a couple pit stops ahead of the March 17 low of 95.15 where you'd definitely want to place a marker, but yeah - those area's wouldn't require attention until the initial 102.50 supports got pressured.
-
You mean below 102.50? From a purely technical perspective you can mark them up if you so wish. But prices haven’t hustled sub 102.50 since popping through in early April. That’s your initial support zone right there. I’ll worry bout the levels below that marker if & when they pressure & maybe re-test 102.50. Same as the upper ceiling at 105.50 The time to start winding in the zoom on the radar is when price successfully hurdles it. You then need to monitor the behaviour of the pullbacks to the prev resistance line to check it’s a genuine b/o candidate or not.
-
I sure haven't lost the ability to read or keep my ears open when required that's for sure. At some point I guess you need to ask yourself how much (additional info) is enough? Kinda reminds me of the old saying: "what can't speak can't lie" Each to their own.
-
If you want to stay specific to the Pound/Swiss pair regards near term potential s&r, Anna-Maria posted something towards the end of April tick boxing her next watch zone. I’ve hauled up the graph from that post to show her reasonings (looking for a higher low shoulder). Sure, it’s only her view & it’s specific for what she was looking for on that pair. But it’s important to leg in on high value/low risk if you’re seeking to get a head start on testing a zone of activity. That way, you're maximizing your potential profit if you're on the money & you got a valid (technical) reason to bail if it fails to kick. Her ‘head start’ on the value punt was back a ways at that .0155 zone & again on it’s next higher low step off .0240 (last week & yesterday) as it blipped back on the radar. If the price action conforms to the original analysis as & when it re-visits a zone of interest, then there’s no reason not to take it on. How you manage it once you’re in is down to your own personal risk/model profile, but unless price washes out or the short-end fundamentals get whacked, it’s usually best to leave it alone & allow it go about it’s business. The only other reason it'll get scratched is if it's getting batted around a tight range channel or corridor. No point in tying good money up on the half chance it'll kick on. But then, as with the risk v/s value gig, it's down to personal profiles.
-
Depends where the main vibration zones are at Aaron. Daily is the usual 1st port of call. That + your 4 hour will offer most of what you require. If you're then triggering off via a smaller frame template, it's merely a case of waiting around until a favorite bar or combination of set-up/price bar pops into view. There's no rule say's you got to execute a trade via a 1 or 4 hour bar in order to run a position through the handles. As long as the level packs muscle, it can be fired off from a 1 minute launch pad if you got a set up which signals you in.
-
Never mind GJ, just think of the flashy wheels & top floor views all that booty (bonus) will provide this year Enjoy the fabulous British sun...ooops I mean rain this holiday w/end :o
-
:o you're thanking the wrong man aren't you? Personally, the terms dominant bid/offered...support/resistance would blanket most of the scenario's discussed in relation to the charts posted here of late. Anyhow, I guess the discussion can be carried forward. Those two are well gone & undoubtedly wrestling with their 3rd jug of beer by now. It's Friday, @ 2.45 leading into a bank holiday Friday & I too have an app't in the bar before they drink it dry. Enjoy your weekends & leave a little booty for the rest of us till next week
-
Yeah I agree, she has simplified it. I think perhaps it was relayed more to draw a bit of a line than an ouright factual statement, but that can be just as dangerous as not explaining the gig fully. I wouldn't worry too much about ruffling their feathers Gamma, their skins popped out of the womb already primed with double elephant thick grade :o Nothing wrong with healthy communication. That's what forum life is all about.
-
That's it right there. Good man. Which mirrors the comments, actions & behaviour of the big sluggers in brownsfan's post.
-
Well Aaron that’s what it’s all about. Pushing the boundaries & forcing yourself out of comfort zones. The big money isn’t earned in this business by being a pussy. Sure, you got to possess a real tight template in the first place to offer the confidence & belief to hit the gas every time your analysis & research pitches a likely opportunity onto the radar. But if you don’t back your views & stick to your guns, you’re gonna miss the home runs. We don’t post graphs & examples up here to brag or wave our dicks in the air. We haul them up & post our stuff to show that if you’re prepared to roll your sleeves up & get to work, you can get the job done. If you flip back through the various posts you’ll notice a common theme from all of us. Same old set-ups & analysis, same old levels & zones, same old triggers & management etc. We don’t give a crap whether the trades get scratched/register a loss. We know that if we play our edge often enough we’re gonna hit a few decent balls & every so often we’ll crack a heavy home run. If you work your ticket often enough, & it stands up to the rigors of a changeable market, then you can pump that sucker for all it’s worth. Talking of sticking to views, that post which Tessa hauled up of Jimmy’s GBPAUD possie yesterday is a good example of taking action, backing your view (& unless events really turn sour), sticking to your guns. It sloshed around into early NY trade y’day above his entry. It printed a higher low, got pitched on the back of positive Sterling enthusiasm & away she goes up the ladder. Allows him to bank a little profit & add juice to the position. It’s now down to management. All’s he got to do is manage & trail it up to his initial target zone if it has a mind to trot. 300 pips in the green isn’t such a bad couple day’s work. But that comes from knowing exactly what he’s looking at, covering his bases & taking action. Repetative behaviour & a sound belief structure (some folks might call it adopting an action plan). That little combo will take you an awful long way up the ladder if you’ve a mind to act on it. Find a combination of tactics which suit your style & pocket. Use a sim or demo engine to practice your work to death & fine tune your strategies. Feed your stake/risk/account ratio’s in nice & steady. Compound up your stake in accordance with your a/c growth. And run your possies wherever & whenever possible (that’s the key).
-
From little acorns do big OAK tree's grow! If you got your framework & your set-ups drilled down tight, the rest is down to belief. Go get em
-
Nice Wasp. Clearer the view, the less you got to worry bout
