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bigwal replied Nov 7, 2010yep its late here in Essex Hey,You have pointed me in the right direction tonight , thanks for that.
Price is everything
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bigwal replied Nov 7, 2010It is how we connected, come and had a look at your thread and thought.........interesting. I like someone that says it "how it is", its how you are, people can either except it or not. If your in the driving seat that is fine, but if your not, be ...
Price is everything
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bigwal replied Nov 7, 2010I know, you normally go on a rant when you have had a drink, have you ? You done it on the cable forum , then come back and apolgised. few weeks back.
Price is everything
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bigwal replied Nov 7, 2010I see the lower highs. Red, thank you for taking this time out. I does appear that some supply and demand areas are clearer than others.
Price is everything
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bigwal replied Nov 7, 2010because his tg was demand zone and he saw a pinbar in the demand area. poss reversal PA
Price is everything
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bigwal replied Nov 7, 2010Red, Your Aus/usd makes sense to me........extremes on chart, pinbar in demand area. that one is in plain view
Price is everything
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bigwal replied Nov 7, 2010hidden in plain view to me at the moment. but im in the right place to find out.
Price is everything
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bigwal replied Nov 7, 2010i can see how it played out after the fact, with this method. but im just not seeing it before the fact. And this eur/usd drop , i just didnt see it coming. But it does prove one thing, that was a hell of a move off a 5min pinbar and that your R:R ...
Price is everything
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bigwal replied Nov 7, 2010Bronxterp, That was my thoughts, we have just been talking about it. Im sure everything will become clearer soon. W
Price is everything
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bigwal replied Nov 7, 2010Global Macro — Hi Global, I will put my hands up as price has pretty much breached my 61.8% fib, i was sure it would test the highs again. I was wrong and i was quite stubbon about it. Lets see what reaction to the news will play out Monday. W
Cable Update (GBPUSD)
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bigwal replied Nov 7, 2010From what i have experienced yes. Didnt see your R:R question........ risk and reward is increased on higher t/f
Price is everything
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bigwal replied Nov 7, 2010my thoughts are higher time frames, allow more time for orders to be placed at areas of interest. do traders look up the time frames to see what they might be trading into.
Price is everything
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bigwal replied Nov 7, 2010That was my thought. With s&r levels which are similar, daily S&r is more powerful than 1hr. But the trend can effect these levels too. bullish market pulls back to support but crashes through res on its way up. Hey im new to this method and you ...
Price is everything
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bigwal replied Nov 7, 2010Red , I love your method , it makes absolute sense with supply and demand levels. Now my quest is to get my head round it. Am i right in thinking higher t/f are more important levels than lower t/f. I was looking at the 4hr, am i missing something ? ...
Price is everything
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bigwal replied Nov 7, 2010Red, I think i remember you saying this pair mirrors us index. I see a 4hr inverted hammer at supply zone. this would support my gbp/usd theory. Also im sure eur/usd is at demand level , chart to follow Thoughts
Price is everything
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bigwal replied Nov 7, 2010are we going to see price go back to supply. check out blue highlighted zones. Played between them both several times on friday, they even contained the news. W
Price is everything
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bigwal replied Nov 7, 2010thats why i post charts from ibfx not gft, cos its easy. its a whole other ball game when your not using mq4.
Cable Update (GBPUSD)