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and so on and so on... all as predicted... not by 10/11/5 MACD Charly; simply a question of supply and demand... while Dumb Money was being fed bad news the Smart Money was buying cheap. Nothing new under the sun, and as usual plenty of ET'ers got ready for the crash. When that comes, and it...

tired - taking a break catch ya all later/tomorrow

lol worse to come if this closes down

CF you missed the Horns of Death

oh yea - that read bad didn't lol she was watching the Euro fall out of bed on the 1 min chart well that's what I'm saying anyhow in case there's kids reading

sweet indeed - like it when my wife goes hmmmm

2 things to learn - the 5 min chart - and how a big move can turn just before the obvious place - the prior bottom. That's what I mentioned in the Stochastics thread if you read it about using a MA to predict a turn when others are expecting a double bottom/top. sweet pp here

Ok I had 4 trades at that level. A scalp and reversed then a small long and reversed. When I posted the WMA I thought that might be it but still was not sure. So I later posted that I thought is would be a scalp but it ran up well. Approaching 58 I could only type the PP and then get reversed...

eh? how'd ya do that lol

safe trade - market puffed out

58 pp

25 was actual WMA for 1 min and 32 was 5 min entry - now see it rolls over to 15 min with nice tails need 48 for 30 min

thot I would only get a scalp on the WMA horizontal from last bottom but looking good

always one pair Charly lol

btw WMA @ 26 yea you surprised me that you missed the PP long before the short but you got the vital one

Yip, we try to refine that so whatever the market we can trade but 5 min is the fallback - that's why we start with 4 simple timeframes and 5 is the lowest until those relationships are understood

guys I was in tick charts but if you just used the 5 min and a simple T/L + the most basic S&R you g ot it big - even if you missed the top/start top and btm

CF rofl EXCELLENT!

As soon as you lose sense of direction you're lost. Get out fast! Nothing wrong with sitting on the sidlines for a while/few days. As a rule: I'd never trade new charts or s/w unless everything is exactly the same to my eye as I'm used to.