Intraday FX Player
- Thread starter CFerret
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While back there was a fellow named Kingfisher charging $7500 for his system. It was based on S&R taken from closing line 30&60 min reversals.
He had very, very few 1 min reversals but this was one of them.
Reckon I'm giving you about $1000 value in this chart alone.
Thing is, this is just a common symbol. Buy it elsewhere for $1 - make $1m.
He had very, very few 1 min reversals but this was one of them.
Reckon I'm giving you about $1000 value in this chart alone.
Thing is, this is just a common symbol. Buy it elsewhere for $1 - make $1m.
Quote from CFerret:
Yoohoo,
Wow, thats how good sales business is lead... Take classic candlestick reversals and sell them for $7500...
But seriously, this stuff is extremely useful around S&R...
Will, if you want I have some good candlestick charting PDFs...
CF, would like that thanks, but gonna disgest all those PA stuffs now
Food for thought,
This was such an easy call down
You didn't need to know Elliott but when you see something that looks like a clear 5 waves up - better be short and hang in there if our bigger TF's need down.
The 1 min double top started the damage. After that it was swing trading or sitting in there.
Same as I wrote earlier - if you know the direction, plan how you are going to get the best out of it according to your knowledge. Trade it or sit in but don't miss it.
You didn't need to know Elliott but when you see something that looks like a clear 5 waves up - better be short and hang in there if our bigger TF's need down.
The 1 min double top started the damage. After that it was swing trading or sitting in there.
Same as I wrote earlier - if you know the direction, plan how you are going to get the best out of it according to your knowledge. Trade it or sit in but don't miss it.
Final note for the day.
We had a 5 wave up pattern - anything else ringing alarm bells? Here's what I wrote 1st thing this morning...
"At the monent the short term pressure is to the upside inside the (1hr) box but that is a divergence against a falling CCI. That tells us a lot that PA alone can't."
I was waiting to see if you would catch on.
Look at the 4 Hr CCI and notice - it was warning of a significant top. The rising EMTL is the same as I posted last week. See how emotion closed below the horizontal?
So CCI lead the market calling for a reversal down on the 4 hr. But we called the 1 hr up today and it was so. But that was a major divergence with the 4 hr so this baby was going to reverse big style.
Now look at the daily - as I write we have a KR on the daily. Everything points to a very sweet ATM.
I am trying to give clues to get you to dig a bit deeper rather than say do this or that. I want to teach you how to see first and then fish. But right from the off today indicators were telling what would happen - the 1 hr had two moves to fulfill expectations - you got the 1 hr correct and missed the 4 hr... even though I was hinting.
Enjoy
We had a 5 wave up pattern - anything else ringing alarm bells? Here's what I wrote 1st thing this morning...
"At the monent the short term pressure is to the upside inside the (1hr) box but that is a divergence against a falling CCI. That tells us a lot that PA alone can't."
I was waiting to see if you would catch on.
Look at the 4 Hr CCI and notice - it was warning of a significant top. The rising EMTL is the same as I posted last week. See how emotion closed below the horizontal?
So CCI lead the market calling for a reversal down on the 4 hr. But we called the 1 hr up today and it was so. But that was a major divergence with the 4 hr so this baby was going to reverse big style.
Now look at the daily - as I write we have a KR on the daily. Everything points to a very sweet ATM.
I am trying to give clues to get you to dig a bit deeper rather than say do this or that. I want to teach you how to see first and then fish. But right from the off today indicators were telling what would happen - the 1 hr had two moves to fulfill expectations - you got the 1 hr correct and missed the 4 hr... even though I was hinting.
Enjoy
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