USD
If we break last high (which is more likely than not) next target is around 97.00 - 98.00 area.
If we break last high (which is more likely than not) next target is around 97.00 - 98.00 area.
Disliked{quote} the count is about to get invalidated do not know what I hate more: the round about 2% I will have lost then, or that the count, which worked for a long time, gets invalidatedIgnored
Disliked{quote} Rule is: near 100 buy near 0 sell chart 1: 11 opportunities 7 OK 2 failed 1 OK, but bad R:R 1 OK but very early with draw down {image} chart 2: 30 opportunities 24 OK 5 failed 1 OK but very early {image} chart 3: 18 opportunities 12 OK 5 failed 1 indecisive {image}Ignored
DislikedRegardin what we discussed on stock markets rigged, let throw another fact in: http://www.zerohedge.com/sites/defau...20buybacks.jpg Aparently some think that surging stock markets reflect "very good economic conditions" in USA. There are hundreds of billions going into stock markets just to keep them where they are, if that money would be removed stocks would crash hard. CBs know that obviously. I was doing some rough calculations how much money is spent on yearly basis...Ignored
DislikedRegarding EUR/GBP: {quote} My mistake, I shouldn't give you green-light with this post while what I thought a bottoming process was at early stage. http://www.forexfactory.com/showthre...54#post8066354Ignored
Disliked{quote} Hi Jan, exactly agree. CB's have a history of throwing money away, as well as one can see huge stock buybacks of corporations to the wrong time. This will all end bad. Regarding the traders who try to explain the surge in stock markets by good economic conditions: I am speechless by this and totally astonished whenever it happens. Have you seen the Baltic Dry Index or the Velocity of Money lately?Ignored
DislikedRegarding EUR/GBP: {quote} My mistake, I shouldn't give you green-light with this post while what I thought a bottoming process was at early stage. http://www.forexfactory.com/showthre...54#post8066354Ignored
Disliked{quote} What gave you reason to see bottoming? There was nothing in PA so you must have been looking at something else i guess.Ignored
DislikedHi infinitus , may I ask something... Do you ever include "time" in your analysis? As far as I know EW theory includes "time" in itself, but I know nothing more than the fact that it includes "time". So based on yuour experience , do you think there are resistences of time which trigger explosive trends? In other words, have you ever found any kind of relation between the times of [consolidation duration] and [the trend duration] . Evaluating the price as (x,y) coordinates must have some advantages when compared with evaluating it just in terms...Ignored
DislikedHi infinitus , may I ask something... Do you ever include "time" in your analysis? As far as I know EW theory includes "time" in itself, but I know nothing more than the fact that it includes "time". So based on yuour experience , do you think there are resistences of time which trigger explosive trends? In other words, have you ever found any kind of relation between the times of [consolidation duration] and [the trend duration] . Evaluating the price as (x,y) coordinates must have some advantages when compared with evaluating it just in terms...Ignored
Some intelligent people in the past assumed that wat we see/feel/hear/touch,.... are just accumulated energies with different frequencies. In ancient times philosophers told that it was essential to first understand "music" in order to understand the unicers. But the word "music" in that statement was used for "frequencies". And they studied geometry just to measure the behavious of frequencies. Because they had noticed that (I do not know how they did it at those days) wat we call as "matter" nowadays strictly respects to the frequencies. In other words the whole universe is dominated by frequencies.
When we look from that perspective things becometo be meaningful. Some time ago ı had read a small article about NASA's foundings about the music of the planets in the space. the article was about diffferent musical frequencies being broadcasted by the planets in the space. there is always some kind of ambiance which carries the vibrations or the frequencies. Its like a power which can be stopped by anything. Not only the planets, even we,human beaings have our own music. Maybe thats how we communicate with people when they are far away. Anyway, I guess Gann based his perspective on such stuff (still i am at the phase of learning) and he tried to apply the basic geometric shapes to the market in order to measure the music of the market, which is a kind of frequency too, the vibrations created by the human psychology. At this point I get stuck, and cannot progress further ...
So it again comes to geometry ...
I feel as if i am on the right way, but there is something missing
The keywords dancing and dancing in my mind .... cycles,vibrations,music,geometry,ratio,fibonacci,.... and confusion !!!
When it comes to trading, "time" is just luxury... But still charming ...
Never mind ... the above written things are mostly my inner monologues...good night