- Search Energy EXCH
-
benji533 replied Sep 4, 2009Yep, it happened. ok so price pulled back, ans almost touched the resitance - rejected (shot down) and formed a pin bar. I have moved my stop a few pips above this resistance and letting it run. Ben
james16 Chart Thread
-
benji533 replied Sep 4, 2009ok it was the news that drove that 1H bar. But my point is that also if it was it. No matter what did it - price still stalled at the same support and resistance levels. It could also atall at other places. Price still does what you expect no matter ...
james16 Chart Thread
-
benji533 replied Sep 4, 2009By the way, not sure what news mean to you, but that large news bar done exactly what I have predicted one hour earlier. Check my chart with the orange prediction of where price might go. It pulled back exactly to the level I have pointed out, and ...
james16 Chart Thread
-
benji533 replied Sep 4, 2009Hey Punky and 4X=0, Not sure how much I'll use these things, but thanks for the input anyway
Benjames16 Chart Thread
-
benji533 replied Sep 4, 2009Tell you the trough - my understanding of news and reports is ZERO. How do you know when these reports get out anyway? All I see on my chart is a major round number lol. I'm still in the trade
Benjames16 Chart Thread
-
benji533 replied Sep 4, 2009ohh my goodness....crazy things happen on these levels withing seconds. Lets see how this closes. Ben
james16 Chart Thread
-
benji533 replied Sep 4, 2009Yep
But only bearish pitbull PA with the trend. Take into account it's Friday. Benjames16 Chart Thread
-
benji533 replied Sep 4, 2009Cool trade squeezy
I didn't even see this chart. Use the PPZs and round numbers in the area to manage it right. No way you get out with a loose on this
Benjames16 Chart Thread
-
benji533 replied Sep 4, 2009Hey Nasir, I am aware of the support there. Look how things line up nicely - this is not difficult. Ben
james16 Chart Thread
-
benji533 replied Sep 4, 2009Look at the image now. I am aware of that support from the left. I had enough room to move my stop to BE before it gets there - and I also know that if it breaks that support, it will become resistance and I can enjoy a nice trade to hold - my ...
james16 Chart Thread
-
benji533 replied Sep 4, 2009HAHAHA now this trade is on the right track
That PZZ should act as resistance now. hehe I like this
Benjames16 Chart Thread
-
benji533 replied Sep 4, 2009This is what I call "confluence" by my way
Breakout plus round number with the trend. Benjames16 Chart Thread
-
benji533 replied Sep 4, 2009Hey Joel, This post made me think. When we have a double top or bottom, with divergence - the example of the ball and window is very clear. Price stalled at resistance with high momentum (ball didn't break the window with full speed). So most likely ...
james16 Chart Thread
-
benji533 replied Sep 4, 2009By the way - according to rac, the both of us got a "signal" to enter exactly at the same time, but I am sure our styles are way different
this is the beauty. Benjames16 Chart Thread
-
benji533 replied Sep 4, 2009By the way, on the lower TFs there was a break out pattern, but not enough good for me. Ben
james16 Chart Thread
-
benji533 replied Sep 4, 2009Hey andrugeno, That trend line is a bit uncomfortable for me. For a trend line to be vailed IMO it needs at least 3 time to touch and reject price. Otherwise you can pull a line between every 2 points o your chart. In addition you can see that price ...
james16 Chart Thread
-
benji533 replied Sep 4, 2009Hey squeezy, I didn't take it. Here are my charts
Benjames16 Chart Thread
-
benji533 replied Sep 4, 2009Hey Joel, Sorry if it looked like a rant lol. You made a great post. It wasn't directtly to you - just wanted to make it clear in general. The beauty about PA and PPZs - it can be plaid in many ways
Keep these posts coming
Benjames16 Chart Thread