- Search Energy EXCH
- terje replied Jul 22, 2009
I am learning that from you. I can see it takes a great deal of concentration to succeed here though it can be done with care and patience (as a lot of you guys do so well here). It takes guts too. Thanks for all the assistance

Trade what you see NOT what you expect
- terje replied Jul 22, 2009
great eye for detail. It is possible we could just range and bump around this broken trendline for the afternoonTrade what you see NOT what you expect
- terje replied Jul 22, 2009
4h just closed. -- just a fracction above 10sma (red line) though beneath broken trendline still
Trade what you see NOT what you expect
- terje replied Jul 22, 2009
yeah someone over the weekend (don't remember his name) pointed out hidden bearish divergence on the daily and it is still valid.
Trade what you see NOT what you expect
- terje replied Jul 22, 2009
I believe you will be right. The pattern I posted a little while ago--which I'm sorry is outside the scope of this thread really--has its opposite on my 4h to confirm a continuation down, though 40m until my 4h closes.
Trade what you see NOT what you expect
- terje replied Jul 22, 2009
I bought after the 15m harami, 374. Took off at 50ema. This 1h pattern is one of my favourite ones (depending on 1h close just now). I have highlighted it on last week's chart, we had 3 of them. It essentially consists of 2 (or so) large up candles, ...
Trade what you see NOT what you expect
- terje replied Jul 22, 2009
very nice. I am waiting to see how this 1h behaves (and my other 4h chart which closes in 35m). I've been expecting a bounce around 400 here as there seems to be a questionable tl break up hereTrade what you see NOT what you expect
- terje replied Jul 22, 2009
sorry I am late with this. My 4h closed 40m ago and, obviously, is quite bullish (piercing pattern--8h hammer?--and stochs oversold). However 16450 could be a sticking point for obvious reasons, not to mention broken trendline (which it seems to be ...
Trade what you see NOT what you expect
- terje replied Jul 22, 2009
the 1h 50sma (what some people call the 15m 200sma) has been a lot better lately.
Trade what you see NOT what you expect
- terje replied Jul 21, 2009
I didn't get any of it which is why I asked where your signal was. There were quite a few false ones up to that point, so how you managed to get it perfect, again, was interesting for me. Perhaps in time with learning EO's method I'll be more ...
Trade what you see NOT what you expect
- terje replied Jul 21, 2009
after the harami? Good job on that. There are a lot of false reversal signals on the 15m e/j up to that point.
Trade what you see NOT what you expect
- terje replied Jul 21, 2009
yes I saw that but I know you tend to watch 15m too. Didn't you enter off a smaller time frame?
Trade what you see NOT what you expect
- terje replied Jul 21, 2009
nice job. What was your short signal? I've been starting to watch e/j more and didn't see a good one to sell
Trade what you see NOT what you expect
- terje replied Jul 21, 2009
just FYI, everybody's favourite money printer will give a little talk about now...
Trade what you see NOT what you expect
- terje replied Jul 21, 2009
The Masters in the city of London and elsewhere have spoken

Trade what you see NOT what you expect
- terje replied Jul 21, 2009
I have another 4h chart which closes in 35m and will post it when completed.
Trade what you see NOT what you expect
- terje replied Jul 21, 2009
Thanks for that. We bounced (or nearly did, depending on your company charts) off a trendline from 13 July low. My working 4h has another 3 hours left but 1h was a bullish engulfing, though still below 62ema
Trade what you see NOT what you expect