DislikedIgnored
but as you say, it's rarely, if ever that neat...
http://www.forexfactory.com/showpost...stcount=370391
http://www.forexfactory.com/showpost...stcount=368787
http://www.forexfactory.com/showpost...stcount=368770
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedIgnored
Dislikedbased on ls to rs peak drawn parallel from neckline, projects the top in about another 40 or so pips, depending on when and if rs completes which is exactly where I'm getting my 3666 figure from...Ignored
DislikedIgnored
Dislikedindeed, we can analyse and forecast all we want, but ultimately the price is always right...Ignored
DislikedYet another chart, lol. Simple view, daily. Couple of observations. Since the highs back in Nov, we have had three down legs. This is the first good rally since then. Also its the first rally that has taken the highs out from the previous downleg. However, that last down move was a little sneaky, giving the bears a false breakout. So looking back a bit, the leg before that starts at 3786, that would have to be the final line in the sand for the bears. Through there though bulls will eye the 4281 swing high. Comments? PTLIgnored
DislikedOnly one bar later ... we find us below that pattern ... currently ...Ignored
DislikedIgnored
DislikedSubjective = Correct.
Worthless = In-correct.
The more eyes on certain levels, the more importance that they have.
Never forget the market is made and built by humans... Therefore... we like tops and bottoms to be logical.
Round numbers, fib lines, trend lines etc all play a part in it.Ignored
DislikedI disagree. I edited the post while you were writing yours. As soon as you try to build logic around the market you lose.Ignored
DislikedHow so? All my entries have logic, and equation of if-then and it doesn't stop just with entries, the entire trade is managed with if-then's as well until no longer applicable and the trade will be complete.
That seems pretty logically based to me, but then again... i'm no expert...Ignored
DislikedAh yes... Of course, but here's my take. I regard the market as completely random and I treat it as such. All we can do, is constrain it with whatever method we use for trading, and that has to be in stone because it's the only thing we can control. Whatever that method is, it doesn't matter.
What I was alluding to was that most people are trying to analyze to death because we want to be right more than we want to make money. We create bias in our head, and that blinds us. Point is, do YOUR analysis, don't listen to ANYONE but be ready at every...Ignored