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  • #1,137,921
  • Nov 11, 2017 7:14am Nov 11, 2017 7:14am
SELL
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  • #1,137,922
  • Nov 11, 2017 7:36am Nov 11, 2017 7:36am
Guys...Bitcoin is quoted every single day ?

On tradingview.com its quoted and moving down..
COT: The precious data ignored
  • #1,137,923
  • Nov 11, 2017 12:20pm Nov 11, 2017 12:20pm
Quoting kuroro001
Guys...Bitcoin is quoted every single day ? On tradingview.com its quoted and moving down..
Cryptos you can trade on the weekend as well. 24h/365 days a year
  • #1,137,924
  • Edited 11:13pm Nov 11, 2017 11:00pm | Edited 11:13pm
Quoting Not-KPMG
{quote} Where's this cheater joker Fxtyrant?? Haven't been in since September??? Anyone think he's in prison for debt or deception??
not a chance buddy, in fact making good money.
moved broker back in september because of MIFID II (like you know what that is...)
just check My myfxbook page.

have a nice day.

ps. still waiting to see how you're any better in trading.... but i guess you've put everyone on ignore because you got nothing to show for. just trash talk.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #1,137,925
  • Nov 12, 2017 9:59am Nov 12, 2017 9:59am
Quoting Jones_PL
SELL {image}
Pretty much the same chart I posted last Sunday.

Trouble is now, USDX looks bearish on weekly and E/U looks bullish on weekly - they both have clear reversal patterns. So now I am not so sure.
  • #1,137,926
  • Nov 12, 2017 11:18am Nov 12, 2017 11:18am
Quoting Starcraftmaz
{quote} Pretty much the same chart I posted last Sunday. Trouble is now, USDX looks bearish on weekly and E/U looks bullish on weekly - they both have clear reversal patterns. So now I am not so sure.
I might be wrong
SL 1.1723
  • #1,137,927
  • Nov 12, 2017 11:32am Nov 12, 2017 11:32am
it might go up until end of the year
If You Can't Join Them, Beat Them!
  • #1,137,928
  • Nov 12, 2017 11:37am Nov 12, 2017 11:37am
Quoting kuroro001
Guys...Bitcoin is quoted every single day ? On tradingview.com its quoted and moving down..
Yes, Bitcoin is quoted 24/7.
  • #1,137,929
  • Nov 12, 2017 11:38am Nov 12, 2017 11:38am
Quoting Jones_PL
SELL {image}
I'm holding my short @ 1.1650, so for the sake of myself, I hope you are right.
  • #1,137,930
  • Edited 4:54pm Nov 12, 2017 3:36pm | Edited 4:54pm
Are you tracking the EURUSD this week? Here's a technical perspective you may consider.

On the daily time frame, price action is operating in an area (bound by magenta colored horizontal lines) that has been a strong resistance zone since 2015. This zone was breached to the upside for some days in August and September 2017 but has since remained resistant. The most recent price action last week was bullish and we may expect a retest of the resistance (around 1.18645) before any southward turnaround. An ascending trendline (red colour) from the low of April 10, 2017 is acting as support. Should price action break this trendline southward, this may expose the next horizontal support around the 1.14485 area as a target of bears. Thus, it will be a good strategy to wait for price to break this support trendline southward before looking for a sell trading opportunity. Nevertheless, a rejection of the resistance line of the descending channel (navy colour) southward would offer a feasible sell trading opportunity.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #1,137,931
  • Edited 4:55pm Nov 12, 2017 3:47pm | Edited 4:55pm
I think everything closed on an extension target Friday, and high likelihood everything is gaped up vs dollar..
{Edit}looking at two possibilities now. I've already explained Euro to death and we're just waiting to see if it works.
Spam Time.
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Founder of Sutherland Wave Principle
  • #1,137,932
  • Nov 12, 2017 5:34pm Nov 12, 2017 5:34pm
Quoting suthmo
I think everything closed on an extension target Friday, and high likelihood everything is gaped up vs dollar.. {Edit}looking at two possibilities now. I've already explained Euro to death and we're just waiting to see if it works. Spam Time. {image} {image} {image}
There is a Bitcoin thread where this would be more appropriate. The volatility in Bitcoin requires a narrower focus. Trading it using charting only is like having two eyes and choosing to close one in order to see the world as we would like it rather than how it is. There are fundamental issues to grapple with regarding the hard forks which dilute the rarity of the initial construct. It may well go much higher, it may not, but the fun is best enjoyed in the thrill of surfing the wave. As Billy Connolly says in "Demands", it needs traders to stay awake.
  • #1,137,933
  • Edited 7:31pm Nov 12, 2017 6:07pm | Edited 7:31pm
Quoting Vitallica
{quote} There is a Bitcoin thread where this would be more appropriate. The volatility in Bitcoin requires a narrower focus. Trading it using charting only is like having two eyes and choosing to close one in order to see the world as we would like it rather than how it is. There are fundamental issues to grapple with regarding the hard forks which dilute the rarity of the initial construct. It may well go much higher, it may not, but the fun is best enjoyed in the thrill of surfing the wave. As Billy Connolly says in "Demands", it needs traders...
Everything is connected to everything else, it's all relative, it's all bound to the dollar, everything is reacting to everything else it's all connected and we need to discuss it. If you don't like multi pair conversation GO HANG WITH THE EURO ONLY CROWD and stop whining here. If the Admin don't want other pairs in this thread they'll let us know. We can see relative formations that give cue's to what Euro will do next. Bitcoin is doing the same thing EVERY Other chart is doing. It's flowing through the cycle in the same way everything else does. The scale and shape may be different but the internal mechanics are identical to Everything else, AND We can verify formations cues across different pairs. I don't want to switch threads every time I have something to say regarding so far 2 other pairs.

We can spend all day talking about news that we think is effecting euro, imagine that hell.

If you just can't handle a multi pair conversation there's a special place for you. We can't post here as professionals and discuss other pairs, wtf is that about? What's is the damn problem. How many times can I repeat my view of Euro? This seems childlike to me, is it just me?

Oh hey look BTC is making the same formation as EURO
Relativity

This is not just the Eur/Usd thread, this is the daddy of all trading threads, period.
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Founder of Sutherland Wave Principle
  • #1,137,934
  • Nov 12, 2017 6:24pm Nov 12, 2017 6:24pm
Quoting Dingoman-two
"HOLD THE LINE DO NOT LOOSE THE FAITH" "IT WILL FALL"

In all seriousness folks take a look at the Resistance points in detail the first is at 1.689 then the 1.700 point,

This is just pure T/A and no more,
And could be wrong, but it has not failed me that often.

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  • #1,137,935
  • Nov 12, 2017 7:52pm Nov 12, 2017 7:52pm
I was in Facebook and see a post on one of the better forex groups I'm with. Bitcoin is the hot topic right now with a bunch of traders, they asked me to do up some charts. Then I came here and F me if the topic wasn't bitcoin. So I posted, and here we are. Is there anything more to say about Euro yet? It's not doing anything we havn't discussed at length illustrated plotted, shared, what more can we say. Throws it over to the news heads. Maybe someone could elaborate exactly how news moves markets.
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  • #1,137,936
  • Nov 12, 2017 8:57pm Nov 12, 2017 8:57pm
Eur/Usd recover to 1.1650 zone from a bearish opening, immediate resistance at 1.1690, bullish trend would resume if the pair recover beyond.
  • #1,137,937
  • Nov 12, 2017 9:30pm Nov 12, 2017 9:30pm
Quoting suthmo
{quote} Everything is connected to everything else, it's all relative, it's all bound to the dollar, everything is reacting to everything else it's all connected and we need to discuss it. If you don't like multi pair conversation GO HANG WITH THE EURO ONLY CROWD and stop whining here. If the Admin don't want other pairs in this thread they'll let us know. We can see relative formations that give cue's to what Euro will do next. Bitcoin is doing the same thing EVERY Other chart is doing. It's flowing through the cycle in the same way everything...
That the forex market is linked is not lost on me, it is just frustrating to see the analysis presented without mathematical justification.

The price ratio over time can be described as a function obtained empirically by fitting a polynomial to the data. The rate of change is determined by the first derivative of the function, while the turning point (swing trade entry excluding time delay) is calculated by the second derivative of the same function. If you considered the entire time series, the least squares fit becomes an unwieldy thing with a high order polynomial necessary. The solution is to model the data in the Laplace domain. A given perturbation such as an interest rate increase is then a constant multiplied by the Dirac delta function which impacts say a group of forex pairs with a common currency basis (e.g. AUDUSD, GBPUSD, EURUSD etc). The frequency response of the normalised data (subtracting the mean from each data set) is then modelled as simply as possible (first order with time delay). The modelled subsets can then be arranged in a square matrix and an inverse Nyquist array is calculated to generate a Hermitian (self adjoint) matrix to allow us to understand the response of all associated forex pairs, so that a trade on say EURUSD can be propagated to all pairs and allow simultaneous profit harvesting.

The market fundamentals constantly adjust these relationships, so a genetic algorithm capable of including heuristics is the only way to reliably optimise the calculations and allow the system to be adaptive. Black box machine learning does not achieve the same precision.
  • #1,137,938
  • Edited 11:48pm Nov 12, 2017 11:31pm | Edited 11:48pm
Quoting Vitallica
{quote}STUFF
Nice post, stretched my brain anyway.

"It is just frustrating to see the analysis presented without mathematical justification."

I frustrate many, daily because I'm not sharing the whole story of 7th wave. The abcde formation is merely a verification of the wave count endpoint and entry zone.
I was counting the preceding wave set before that abcde appeared. I was already long at that area based on where we are in the overall count (7th wave)

"The price ratio over time, ".... This is some crazy contrivance, what's the success rate with this model!

How they think this should work vs what is? Sounds forced, over complicated way to force something to make sense.

I've just posted the chart showing 3 of the now four pairs found that are in the exact same technical position relative to the dollar. But if I hadn't pointed it out, everyone still thinks they are different.

But that's just my method do what works for you.

I don't need no stinking polynomial or derivatives function, laplace domin, or Dirac Delta, to count the main sequence.
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  • #1,137,939
  • Nov 13, 2017 12:22am Nov 13, 2017 12:22am
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  • #1,137,940
  • Nov 13, 2017 3:37am Nov 13, 2017 3:37am
Quoting suthmo
{quote} Nice post, stretched my brain anyway. "It is just frustrating to see the analysis presented without mathematical justification." I frustrate many, daily because I'm not sharing the whole story of 7th wave. The abcde formation is merely a verification of the wave count endpoint and entry zone. I was counting the preceding wave set before that abcde appeared. I was already long at that area based on where we are in the overall count (7th wave) "The price ratio over time, ".... This is some crazy contrivance, what's the success rate with this...
Eur will probably be brought down soon. There's divergence between its basket and EU, mostly because correlated markets are moving faster, but AUD, GBP, NZD will drag it down at some point.
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