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- anderou replied Sep 30, 2010
By drawing on the larger time frames cluttering is avoided, in doing this the best and clearest ppz's are identified. what time frame your trading on is actualy the question. trading on daily's, you will be best off drawing ppz on weekly and ...
- anderou replied Sep 30, 2010
Yip this is what jim ment with his advice, draw on large time frames. this will unclutter your charts and still have the best ppz's on lower time frames.
- anderou replied Sep 30, 2010
Okay thanks for clearing that up. I do have the monthly ppz on the eu, it is just not vissible on the chart I posted. The 3700 area is definately an area of interest and that is also why I am confident that price will test this level. I thought you ...
- anderou replied Sep 30, 2010
Yip I have moved my stop close to b/e. I do not look at conventional pivot points at all, I have taken in consideration the 1.37 level though. Thanks for the heads up PB! Do you find conventional pivot points of any help? I think it overcomplicates, ...
- anderou replied Sep 30, 2010
eu trade seeing some worthwhile profits, I guess its time to post a chart hey? I took the trade on a 1hour buob yesterday, I had further motivation as the previous day formed a buob on the daily chart, trade was taken of a round number as well as a ...
- anderou replied Sep 30, 2010
Still in the eu trade. Didn't see much movement through the asian session. I am expecting a move up during today's sessions. Anyhow, what I have been seeing is that many of the trades I take off 1hour pa also come to be a setup on the 4hour, the ...
- anderou replied Sep 29, 2010
Okay guys, my eu trade is moving into some profit, will keep you updated as to what occurs into the late us and asian session. I did expect a bigger move to the upside but profit target at 1.3695 is unchanged. Strong bullish euro bias still is my ...
- anderou replied Sep 29, 2010
update- eu trade just went positive, we'll have to see if it moves higher now as there is a chance that the euro will be bought as the previous high is being taken out. I am currently looking at the 1.3695 level for tp. As for the time being I am ...
- anderou replied Sep 29, 2010
Hi, I trade pb's, buob's, beob's, double tops, double bottoms etc on lower time frames. If you have any questions feel free to ask. I would like to share ideas and show setups in the thread because then everyone benefits.. I am certain many of the ...
- anderou replied Sep 29, 2010
My eyes might start to bleed from watching the aud/usd pa. This is unchartered territory for me. I trade off 1 and 4 hour charts. And I do this well. So why mess with trading style? The au PA I am watching now is off the weekly. The question is, ...
- anderou replied Sep 29, 2010
just one question? Who has also been milking the aud/usd the last month? I have taken more than ten trades on the 1 and 4hour time frame, most being highly profitable. I am coming out of the closet, I am in love with the forex market. There, I've ...
- anderou replied Sep 29, 2010
In eu trade, off nice confluence in direction of strong euro trend, i feel good about this one, haha wait a minute, I feel good about all my trades! Will post a chart when I take profit or close with minor loss.
- anderou replied Sep 28, 2010
Haha, no don't get me wrong, I do tend to sometimes take setups with confluence but they lack in other ways, against prevailing trend etc.. These I do need to quit taking altogether, but it's really not a big issue with my trading, I am blessed with ...
- anderou replied Sep 28, 2010
Very true, thanks for the advice. I always look at daily, but will start to use monthly too. Yip I have a confluence checklist, so there will never be half arsed setups for me, lol. But great advice non the less. thanks Doug.
- anderou replied Sep 28, 2010
Yip I should start looking at weekly and monthly.. yip nothing like confluence from LARGE time frames.
- anderou replied Sep 28, 2010
Taking my previous post into account, this is more what I would see as confidence boosting chart.. Clear levels etc.
- anderou replied Sep 28, 2010
Hi everyone, On with the positive today.. I redraw all my ppz levels every sunday, beginning on the daily time frame moving down to 4hour.. I trade the 1hour but rarely use the 1hour time frame to draw ppz.. I haven't been trading gbp/jpy recently ...
- anderou replied Sep 27, 2010
Sir, with respect, you are a dickhead. If you are a loser and can't be profitable it is your own fault. Do not attack people who have no obligation to help others but still do. You are not forced to read any thread or subcribe to any service. ...
- anderou replied Sep 21, 2010
Hi Melvin, There is some traffic to the left. But what I have noticed from trading the 1 hour time frame is that price on a strong setup with lots of confluence rarely doesn't move to the next ppz. What I have started to do is close half my position ...