GU - Fight Scene

Trading must not register on an emotional level, however experience and timing are of paramount importance :

15min range fully sighted so counter with inv to Sym discombobulated PA infrastructure.

Firstly, look for any signs of strength or weaknesses by identifying S/R and or Patts.

Secondly, identify the strategy to suit the situation.

Thirdly implement attack.

In other words 123

Day One the smart trader takes the trade.

Day Two the semi smart traders take the trade.

Day Three the suckers are in.


In Summary:

Inv, Break minor R, Traumatized S/R, 2B sup, minor cont L, Sym tri cont, Treb major R.........Capacity of attack 160 pips plus 90 pips = 250 pips utilised.

Best Regards,

Holmes.

 

 

Views: 833

Comment by Holmes on November 1, 2012 at 10:55am

Comment by Holmes on November 5, 2012 at 10:56pm

Comment by Holmes on November 15, 2012 at 11:48pm

CG=N

Comment by Peter jcp on November 15, 2012 at 11:58pm

Yes - CG = N

Comment by Holmes on November 19, 2012 at 10:10am

Glad you got that on time Peter as it proved pip perfect if there is such a term.

Best Regards,

Holmes.

Comment by pixta on November 19, 2012 at 11:15am

PERFETTO.

Comment by Peter jcp on November 19, 2012 at 12:11pm

Morning Holmes - yes hat's off to you - you got the angle of that trend line resistance spot on - WD.

I have been out this morning for about 3 hrs so have not done much trades so far. I had horizontal resistance at around 5915/6 as well - so now we are under both will be looking to see we are back with the LL's and the LH's.

Have a great week Holmes and please keep those charts rolling out ;-))

Regards 

Peter

Comment by Holmes on November 19, 2012 at 12:39pm

Thank you Pixta.

Dear Peter, One can report that detailed thoughts, information and charts will arrive through the normal channels ; 0 )

Best Regards,

Holmes.

 

Comment by Holmes on November 19, 2012 at 3:55pm

Comment by Holmes on November 24, 2012 at 4:28pm

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