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G'day m8 On my worksheet, it was the high of yesterday's 14:00 to 15:00 candle. It was the high of an extended upper wick; look at the candle two hours earlier... this begins the story of the bears wrestling control from the bulls. The next hour is solidly down, then the bulls come back in a...

S/R is not a science, it's an art.... S/R is not a science, it's an art.... S/R is not a science, it's an art.... That's what you can hear all round our house... my Wife is getting sick of hearing me chanting it in my sleep :eek: It's a real struggle for a black-and-white thinker like...

Hey ESR, I'm very excited with 877.50's performance today... and what about 881.50 at 08:50 - hit it to the tick and gave us a good 4 to 5 points depending on your stop :D :D I'm gonna be too excited to sleep again.....

Howyagoin xburbx I am putting together my own worksheet before looking at ESR's so that I develop the sense for picking the levels. I then cross-reference my sheet against ESR's to check all my calculations (pivots, fibonaccis, etc) and my S/R levels. It's been a great way for me to pick up...

882.25 worked beautifully as well - textbook setup. It's like watching poetry in motion..!! :D It's already Tuesday here and I've got an early start in the morning, so I'll say good night... although I'm too excited to sleep anyway... it's like little light bulbs are switching on every day...

Some advice as well if you would be so kind ESR..... I had 865.25 as a level on my sheet (from 16 October) which worked well as solid resistance at 08:01 this morning with just 2 ticks of heat and at least 6 points profit. The candle was also well outside the BB when it hit the resistance...

G'day ESR. Is your 825 level an example of your dynamic levels which are defined and re-defined during the day? I can't see an 825 level historically, so I'm guessing you saw the solid bounce off this level at 03:12 this morning and decided to use this level in today's worksheet? Nice...

Hi ESR. I do like the sound of that... the 'analysts' on Bloomberg talk like their lives depend on it... two seconds of silence and they're gone! The ransquawk site looks pretty impressive. Assuming you use the 'equities' feed, are there any others you have found to be useful? I have made...

LOL Snaggleteefs..!! Big butts = hilariously distracting..!! :D How about this... kinda appropriate given recent events... http://au.youtube.com/watch?v=55CW4LkG0QA

In the book, "Way of the Turtle" Curtis Faith talks obout 'Recency Bias' which he defines as, "the tendancy to weigh recent data or experience more than earlier data or experience". In this thread, ESR has made the same reference - he obviously has a good understanding not only of the...

G'day xburbx. As you say, it has already been mentioned, but the most obvious things can always bear being repeated so they're not overlooked. I've read through this entire thread three times so far and, as I mentioned in a recent post, I'm still not seeing all the levels... so keep repeating...

Some nice images there ESR, very soothing. I don't have that kind of luxury: when I'm trading, I usually have one eye on my charts, and the other on Bloomberg... and with one ear on Bloomberg and the other on the Wife and Kids!! :eek:

Good point Barbeque. VAL was 3 ticks higher than the level noted. I guess this would have made the trade even more sure. Catchya, Preach :)

Aaahhhh... now I see it, thanks. I wasn't going back far enough. I also saw your 837 level a few hours earlier on the same day. Congratulations! That's pretty good going in such a short time. Obvoiusly you're providing a valuable service. As I said in a PM to you: what goes around comes...

Beautiful short at your 876.75 level as well! So… long at 841.50, taking 5 ticks of heat and picking up a nice profit; about 30 mins later, short at 876.75, again with 5 ticks of heat. Please tell me: the only 876.75 level I can see (based on a 2-week, 1-hour chart) is the high of the...

Goodonya ESR, you're a bloody champion! :) I'm learning heaps from you and all the good people on this excellent thread. Please keep up the good work! If I'd had the balls to take your 841.50 level this morning, I'd have been doing backflips! I'll get there..!! Catchya, Preach :)

FFS... what is your problem..?? We've got a person here whose stated reason for posting is to save other from having to learn the hard way. This is obviously a popular thread and plenty of people are exchanging ideas and are happily benefiting from their discussions. And I am sure there...