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- cloggie replied Sep 16, 2011
Here is the same hourly zoomed into 5, that does make today's action a little simpler. She is struggling getting to that bottom diagonal, the hourly lTL. We are now heading back to the bottom of the lower hourly channel for another test
The Really Useless Thread
- cloggie replied Sep 16, 2011
Here is my hourly zoomed into 15, what do you see? Not as noisy now is it?? Do you see how the higher TF, form nice little patterns on the lower ones?????? Right now we are deciding that lower TL on the hourly channel. The earlier rejection and last ...
The Really Useless Thread
- cloggie replied Sep 16, 2011
Pip perfect. Now see where that leads to pattern/channel wise. Based on your hourly this is not where you take a trade, untill the line has been decided. As it is on the hourly, it will take a bit of time. Look at your 30/15 and see if you can find ...
The Really Useless Thread
- cloggie replied Sep 16, 2011
That's what you do each and every morning before you start the day. If you don't have enough screens, then print them out (with charts on white background to save your cartridge) and keep them to hand. You need at least a H4/1 and M30/15 to get you ...
The Really Useless Thread
- cloggie replied Sep 16, 2011
Here you go. Ties in with what Gator just posted and why PK and I covered earlier.
The Really Useless Thread
- cloggie replied Sep 16, 2011
Here is a rough hourly chart with some lines I threw up on it. Work with it, finetune it and keep it to hand. That is your "big picture" chart, now go work on the lower TF's 30 and 15 and do the same thing. Keep an eye on how it all ties in ...
The Really Useless Thread
- cloggie replied Sep 16, 2011
I told you at the beginning of the week what my plan was for the week. That was based on the higher TF's. Nothing has changed. Now if you want to trade the lower TF's, you have 2 choices, either be darn good at countering or just ignore them and ...
The Really Useless Thread
- cloggie replied Sep 16, 2011
You got it. Never lose track of the bigger picture. Why do you think I got so many bloomin screens??????
The Really Useless Thread
- cloggie replied Sep 16, 2011
We were looking at exactly the same thing. Gave plenty of hints....
The Really Useless Thread
- cloggie replied Sep 16, 2011
Plenty of us gave you the hints, uncorrelated Gold, es/DOW risk on, EU equities coming of the low, lower TL rejection on the hourly. All was lined up, you need to keep an eye on the bigger picture, by all means use your lower TF's for the entries, ...
The Really Useless Thread
- cloggie replied Sep 16, 2011
Look on your hourly and see where that last one got rejected.
The Really Useless Thread
- cloggie replied Sep 16, 2011
No prob, keep 'm tight. On the higher TF's we are trying to turn the corner here.
The Really Useless Thread
- cloggie replied Sep 16, 2011
Careful, look at es/DOW. I am back in BTFD mode. UoM in 15
The Really Useless Thread
- cloggie replied Sep 16, 2011
And that is exactly why we are in the predicament we are in. Muppet politicians are still running the show having no clue what is really going on.
The Really Useless Thread
- cloggie replied Sep 16, 2011
You know that, I know that. Shall we have a peak over at the madhouse to count the ones that don't????? Nay, no point.
The Really Useless Thread
- cloggie replied Sep 16, 2011
Can't sell this fake below 96, not going to buy the retest either just yet.
The Really Useless Thread