this was so much fun this morning, the forums and chat rooms were buzzing with short trades, i told shultz we going long kido, the short sellers will be bust on euro in the short term at the very least////////////here s the chart, see how we new its was long and why we did not buy into the big red candle, mixing machine…sellers got chopped up in there, came out as sausage
LOL chopped out LOL
nice
Hi C, yes but very volatile, me and Shuldz been buying the lows all day on eur usd .So SQ should pan out in the long run but for now i have been in long everytime theres a move down…so been buying the dips…different play. SQ should form eventually, but right now its ranging with expected break out as arrow head pattern and tiny feet forming
This is more complicated now!
About these chart patterns. This is more complicated now. See buying and selling on Moving averages is the part of trading like learning to drive a car, it is straight forward with practice.
However reading a trend forming early because of a shape or a slope on 2 candles way back from the day before and seeing it come into play the next day! is the part of trading in which is similar to learning traffic Flows! the more you see it the more you see the dangers and the safest route and the ability to anticipate.
Therefore the SQ is the safe bet under normal conditions but today thus far that road left some hints that SQ is not gonna be in play yet…
is it 1 and 2 wicks make a twizzer reverse signal? or can there be multiple wicks?
Do the wicks have to be very long? in my audusd picture would that constitute as 2 twizzer on the top? or too small wicks?
I like these elephant bars after a news release a lot…the 2nd bar after them seems good for at least another 20 pips I missed the first one, but the 2nd one I got.
GBPUSD121019.bmp (802 KB)
So ending this week with 100+ pips overall. Unfortunatley this MT4Pips analysis programs doesn’t work worth sh|t half the time, and hasn’t updated since a few days ago, so I’m going to try MYFXBOOK…which I started to do but I hate giving out my email so I setup a Gmail and my activation email is not coming through…so working on it… :22:
sp we using java. Mt4 sucks…i only use mt4 to run alert indicators. 2 trades on euro usd with ea. Tokyo brake sq. i watched rambo . I have got a clue about writing programs. We should all colaborate. CANT BELIEVE A ROBOT TRADED THIS…HOPE IT REMEMBERS THE 3 LAWS
100 pips is good…well done…get incorporating tokyo range. Thats the bomb…understand the last few range bound candles after new york closes and there impact on tokyo and the smiley face you end up with in the morning.
>< ^^ ^^^ ^^ ^^ >:58:
c thats perfect ^^ ^^ ^^^^ :35:
^^ ^^^ ^^ ^^ ^^
Gb entered last night, then went to bed sl 2 pips above channel. Entry on channel.
I saw this thread when it was brand new and people were flaming you for it. Just happend to see it on the “Todays Posts” page. Nice to see it is doing well. A few months ago, I got to sit in and scalp live with a guy who uses 3 moving averages not unlike this style. He uses 4 pairs and gets 50-250 pips per day. Like you he had no interest in zulu. Just happy to trade and teach. Very cool.
I traded the SQ on the EURUSD this morning and took 24 pips. Closed about 11am EDT. Looks like it will close for another trade Sunday night.
Just wanted to say hi and thanks for the info.
Whoa just saw this is my first post at Babypips! I’ve been around for years but never posted here…
THANKS FOR THE SUPPORT BUDDY… By the way your SQ worked becuase of the Tokyo range, yes keep that in mind…post 745…post charts if you can…any help any questions or sugestions i am right on it both ways I am learning to…learning never stops.