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Long 713@11:35

Find that hard to do da 4th touch at the end of weak immediate channels, when there are no bearing (support) to reference..

it's not the market, it's me, not being able to see all and give myself confidence (but don't wanna see things on chart that I "want to" see, can't really express it)
 
Quote from Willleung:

RE: THOUGHT FOR THE DAY: PA IS A DERIVATIVE THAT LAGS INDICATORS!


thanks for this mighty post YH, will catch up on this this lunch close..
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Hi Willl, yea that's one for later ;)
 
Quote from yoohoo:

Hi Willl, yea that's one for later ;)
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hi YH..

thanks for that mighty contribution again..

I see a lot of things on the chart this morning, many of them proved great, not being able to operate as it should be (yet)..
 
Morning guys!

Yoohoo,

Outstanding posts (I save them locally now along with pics) and what's amazing for such long posts - perfectly understandable! You would be a great trading book author (great for the reader). :D

And what's even more amazing is that mentioned VWAP attracted me some time ago (in the end of the Winter). And I really was surprised how price tends to return to it as a mean value...

P. S. cvds was more correct in his analysis that price will creep lower.
 
I'm watching 1min for more % of time now (going to learn to read it well) and guess what? 1min based trades would be worth at least like 20 pips profit this slow morning... :p

I don't take 'em yet, but one day when ready... :D
 
Quote from CFerret:

I'm watching 1min for more % of time now (going to learn to read it well) and guess what? 1min based trades would be worth at least like 20 pips profit this slow morning... :p

I don't take 'em yet, but one day when ready... :D
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Today I've been playing around with some small scalps (sim only) just for something to think about during this low volatility. On the 1 min TF, just looking at the wave formations with a bit of confirmation from CCI has yielded some good potential trades.

I think there is a risk though of missing the big picture, spending too much time looking at the little stuff.
 
Quote from CFerret:

I'm watching 1min for more % of time now (going to learn to read it well) and guess what? 1min based trades would be worth at least like 20 pips profit this slow morning... :p

I don't take 'em yet, but one day when ready... :D
More...

morning CF,

hehehe, you counting those 4th touch at the ends of B's channel?
 
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