I’m not sure I follow your thoughts on this post, but I did sign up with an additional screename to prevent any future tomfoolery.
I had some kids pretend to be me on AOL back in the late nineties so that is why I do not post trades. I can’t be accused of running multiple accounts and look like a genius in whatever account that happens to be right on any given trade.
So if your posts was aimed with that in mind… my integrity prevents me from allowing it, but thanks just the same.
Pivot Support has been tested a few times already… shame its Friday this could have been a awesome setup for serious downside. The chart has the current dealing ranges noted in case you’re wondering what those levels are.
I have a limit order resting at 1.51 in the event it can break under the day’s low and cover shorts if it can reach for the next figure lower… Cable broke PDL and retested nicely… considering the daily chart may have rolled over a swing high… Im looking for further weakness but will cut bait if we trade above 1.5185
No we are shorting resistance and buying support, if it unfolds at a high or low it is merely good luck if it does, nothing more. We are just trying to position low risk trades at high probable levels markets can be reasonably expect to trade away from in the form of a reaction or bounce.
That’s why you are reading this thread right, to learn about it?
These are fractals or miniswings the Market Makers are currently dealing in. The range of the short term fractals provide clues as to where the direction could move.
Short term S&R levels is an easier way of saying it… but do you see the range the Cable has traded in on a 5 minute chart? How about that recent candle traded just a pip above the recent short term high basis 5 min chart? What do you think that was?
No I wasn’t directly referring to this, and my concerns are still very much alive, but as I’ve said I’ll leave it there for now. Just wanted to see if anyone else saw what I did, and it appears some did. People are watching this thread for different reasons!
Take a look at the Cable now… nice [B]Nestea [/B](old phrase I use to use in my chat room for plunge!)
Train your charts to the 15th and see what you find as the 1.5060 level.
See even old dogs like me don’t catch all the move. So don’t put this burden or trying on yourself… be content with any profitable trade… they are always better than a scratch or loss.
Okay let’s not refer to it as ICT’s method. I just use the tools you all have access to… nothing more. Your results are a direct result of your method… and congrates on the profitability, BTW!
Was there anyone else that had a good trade this week that stood out or a loser you learned from? Care to share?
That’s a very precise & direct response isn’t it. How would you know that? & why wouldn’t you have waited until the guy himself addressed it?
That’s not usually something anyone other than the person themself would be fully aware of.
Strange.
Nobody mentioned shady or secret postings did they??
Certainly not wrapped in “text highlights”
You know reading this post does give one the impression you either A) know me personally which is highly unlikely or B) you work with BabyPips and if so, you can show myself and you are not related in any way, no disrespect intended Trizzle… but if It was not true I would have called you on it.