Supply/Demand, VSA, Wyckoff with Petefader - Page 101
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  1. #1001
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    Ok, now we are looking at what is likely to be an NS on the 1HR, so it really is time for longs now I think.

  2. #1002
    Join Date
    Nov 2011
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    4
    now we have a buying climax on 5M right? the price maybe will come back to the 50% fib (there is also old resistance which was broken). pls correct me if I am wrong.

  3. #1003
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    Quote Originally Posted by xnguv00 View Post
    now we have a buying climax on 5M right? the price maybe will come back to the 50% fib (there is also old resistance which was broken). pls correct me if I am wrong.
    No, there's quite a bit more to a buying climax than that, but you're on the right track, keep at it, have a good read about it in Master The Markets.

  4. #1004
    Join Date
    Oct 2011
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    Hey PPF,
    did u take that long on EU?
    if u did can u plz explain it on the 5 min chart
    thanks

  5. #1005
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    Quote Originally Posted by mndua90 View Post
    Hey PPF,
    did u take that long on EU?
    if u did can u plz explain it on the 5 min chart
    thanks
    Do you mean from the 1.3030 area? No

  6. #1006
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    Wait 'till after the new now, there may be an opportunity to go long, but I think there's more in favour of not trading than anything else.

  7. #1007
    Quote Originally Posted by purplepatchforex View Post
    Do you mean from the 1.3030 area? No
    We seem to be unable to break this new area of resistance, but there's no indication of stopping volume either.

    IMO, it looks like we are ranging and accumulating for right now. Your thoughts PPF?

  8. #1008
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    Quote Originally Posted by LATechBanjo View Post
    Your thoughts PPF?
    Pour yourself a glass of wine and chill!

    I'm done, I'll have my charts open for a bit just for observation, but otherwise, I'm done!

  9. #1009
    Quote Originally Posted by purplepatchforex View Post
    Pour yourself a glass of wine and chill!

    I'm done, I'll have my charts open for a bit just for observation, but otherwise, I'm done!
    Oh how awesome it would be to trade in Europe. 8AM here and im headed to work!

  10. #1010
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    0110 here. late nites for me, with a daytime job too. I will be happy to get rid of one of them ........ and keep the trading
    Last edited by Tassiefx; 12-17-2011 at 06:00 AM.

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