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- Communist replied Sep 25, 2009
Miscounted the dates. Close long at 89.90, taking a loss of 137 pips. Enter short at 89.80. Target of bearish movement ends on 8th Oct 2009.
- Communist replied Sep 23, 2009
forextine, Retracement is normal in a bullish trend which will last for more than 1 month. Retracements present opportunities to add to your winning position, although it is too early to add now. Also 91.00 is a natural strong support / resistance ...
- Communist replied Sep 21, 2009
Treadline, Gann is not a strategy, it is the truth of any markets, it is about the causes for market movements or human emotions. Actually your question is another topic I will discuss later. Sorry I do not have the time to go into more details now ...
- Communist replied Sep 21, 2009
Now, something about time. You must have noticed that in my predictions, I emphasis more on time than price, as if you get in and out at the right time, you will make money, price only determines how much you will make, so it is less relevant when ...
- Communist replied Sep 21, 2009
Bullish movement started as predicted. This movement will end on around 26th Oct 2009, using 16th September 2009 as the starting date, the trend will last for 41 calendar days. With vibrational frequency of 0.25 per calendar day, price will move up ...
- Communist replied Sep 18, 2009
Dolphinepips, Please refer to post #10 about my view on fundamentals. I have no interest in this sort of stories as there is no such things as bullish or bearish news, they are relative to people's expectations and expectations change and not ...
- Communist replied Sep 16, 2009
Gratitude, My advice is to stop reading a lot of materials about Gann, but read a lot of materials by Gann. If you read and study books written by Gann maybe in 5-10 years you will realise something, maybe earlier, maybe never. Sorry I do not ...
- Communist replied Sep 16, 2009
yehhuei, There are plenty of Gann's books available on the internet, if you just google you should be able to find them. I used a link which has all the books but it doesn't work anymore.
- Communist replied Sep 15, 2009
Price is now at around 91.40, this should put you in a comfortable position to sit patiently on this trade as price is away from your entry cost. Now let’s talk about destiny and free-will. If the market can be predicted, which I hope by now you are ...
- Communist replied Sep 15, 2009
If you follow my advice, your stop-buy order should be executed at 91.27 at 8:30 am London time today, with a stop-loss order placed at 88.70. This trend I will show you how to paramid or add your winning positions and gradually push up your ...
- Communist replied Sep 15, 2009
askce, You are on the wrong path. Gann is not about drawing lines here and there, if you do not find the correct cause you have nothing. I do not know how to interpret your drawings, sorry.
- Communist replied Sep 15, 2009
anfieldkop88, Why should I trade other pairs? Afterall they are all the same, just the prices are labelled differently and vibrate at various frequencies. I couldn't be bothered to trade other pairs, or other products.
- Communist replied Sep 14, 2009
Short position was closed at 23:30 London time at 90.90 with a market order. This concludes the trade of USDJPY bearish trend and results in a profit of 92.65 - 90.90 = 175 pips, in 7 calendar days or 5 trading days, with only 1 trade. New orders ...
- Communist replied Sep 14, 2009
Now, something about logic. When I first started my uni degree courses, there is a compulsory course called logic. I was taught lots of logical deduction methods and later on in the course a programming language called prolog, which is based ...
- Communist replied Sep 14, 2009
Petero On 6th April 2009, price is ahead of time, just like what happened last Friday, it does not signal the end of the bullish trend, price is less important than time. 13th April 2009 is the end of bullish trend (actually 14th April 2009 is but ...
- Communist replied Sep 14, 2009
To SpeedoTrader Please refer to my view on fundamentals or news in previous post. I rarely read financial news unless I have to come up with a story to my credit committee for transaction approval requests. Stop reading news or listening to rumors ...
- Communist replied Sep 14, 2009
To Lycurgan Why do you think it is high? How do you define high? Everything in this world is relative so it has too be higher than what? Or is this just your feelings? You see you cannot trade based on your feelings, because the market do not care ...
- Communist replied Sep 14, 2009
To Petero You will see a more specific prediction in 2-3 days when time and price are certain. I hate to discuss what-if s, too much what-if s only show that you have no idea what is happening. Certainty will kick in soon. I do not think you ...
- Communist replied Sep 14, 2009
To FxOptimus I have no political preference, currently the communist party is ruling China, and they are making China a strong country, sure there are various problems, but I rather live with those than turning China into a huge democratic country ...
- Communist replied Sep 14, 2009
Trade for today is to lower your stop-loss order to X, then add a stop-buy entry order at Y. Calculation of X:- At the end of today (preferably after US closes), take the highest price of today, add to the lowest today and divided by two. Then add ...