Cheers Matt... The setup was weak for me anyway. So since my initial long, I've not really liked the price action. I've actually longed/scalped it twice. So since 7am this morning, I've netted 20+ pips on 3009 and 2995. Just querying the H&S on the ...

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Hey Yelena, What's your R1 figure? Cheers!

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3009 was my number. I actually scalped a few longs to it... it all adds up. Here are the numbers I'm looking at. Of course, these are just projections... they could be completely wrong. Risking -10 only.

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It wasn't the most convincing setup, but a setup nonetheless. The 1H indicated higher closes off indecisive 4H... it pointed up. Will reload on any weakness, tight stops now.

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My view of the world: 1H is bullish. 4H seems to be reaching for recent old highs at 60-80.

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Morning all.. After a few scalps this morning, I'm long @ 14. S/L -10. I fancy 3064 ish

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My own hokey charts. The 50% is being tested. If it breaches then it could heads for either 3063 or even 3125. Another potential mid is the 1.5 from the first swing high after the drop. It has retraced and over-balanced so could reach for the 150% ...

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I quite like this.It reminds me of a special technique using Gann lines.

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Actually, I used to but I don't anymore. Something about how you seem to hone in on the mids that got me thinking about the 50% and the 1.5. It's where you anchor them that's important as it makes me want to look at the lower intervals... eg. 125/2 ...

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Cheers. I get what you mean. Thanks for clarifying.

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Hi Gator, This is an interesting question in terms of using the prices you mentioned. When a price is reached, do you stay at the same range/interval for future price projections or do you go further into a fractal of one of the intervals, as I did ...

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I've no idea... he's disappeared. I've been here in spirit. Couldn't trade and post here as too busy work wise. Got some pips but I had to work hard for them. Too much whipsaw action. So I thought I'd do some number crunching in between.

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How about these numbers? Kind of like fractal studies or Murrey Math.

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I can see this from the 4H. Fib 38.2 from last low and last hi. 15M has previous swing high at 52 and 200EMA at 42.6 If it pings this price and stays above 20 then I'll change my 15M bias to long.... but only for this time frame. 4H still says short ...

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Out -5. Remaining flat. I'll defer to 15M to give me a signal. 3 hours left to close. not sure there will be any range play today.

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It's the beauty of the market. Everyone has their own perspective. To me though there's making calls/predictions and then there's trading the trend. The latter is harder because the trend is based on time and time is relative. Eg. 1M to 15M we're up ...

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In at 27. SL 12, TP open.

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How do you mean exactly? What indicates a few hours? I may agree based on a Daily... see below, but what's to suggest a long retrace of a bear move?

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That's bloody twice now. I short... then get called into a meeting. I come out and I'm up 5 pips and decide to close. I start to process the order and I'm just +2. Anyway. I'm flat. Don't like the see-saw price action on 5M. 15M, will wait for 20-27 ...

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Yeah... the more I look at it, that seems to be an ideal level

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