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  • #1,148,581
  • Jan 31, 2019 5:07am Jan 31, 2019 5:07am
Quoting FXCyborg
{quote} I'm really sorry mate...No it's not... You only get draw-down on E.W.A when you don't read the underlining price and previous prices (history) properly. It doesn't matter if you're trading on a 1 Minute or a Monthly Compression... the draw down can be reduced as little as ONE POINT - I've done it many times. And those who I trade along side with do the same too. So I'm very sorry, you're just way off base here mate. More than you care to admit. Once you understand how to read price correctly in its truest form, you...
If you please allow me to interfere, thank you for your civil input!
Member
  • #1,148,582
  • Jan 31, 2019 5:07am Jan 31, 2019 5:07am
Quoting Stillearnin
{quote} My thoughts exactly.
I guess you don't read the posts here that much? Just ask the others here who DID read them... were you sleeping then?

I helped a guy make 6% just from showing him briefly how to execute Imbalance zones to ones advantage, and he killed it in just a few hours

ATB
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  • #1,148,583
  • Jan 31, 2019 5:17am Jan 31, 2019 5:17am
Quoting thirdforex
Short at 1.1476. SL 1.1515. TP 1.13
Closed at 1.1482. Gonna sit out and observe for now.
I wanna be a billionaire so freaking bad!
  • #1,148,584
  • Jan 31, 2019 5:24am Jan 31, 2019 5:24am
Quoting FXCyborg
{quote} I guess you don't read the posts here that much? Just ask the others here who DID read them... were you sleeping then? I helped a guy make 6% just from showing him briefly how to execute Imbalance zones to ones advantage, and he killed it in just a few hours ATB
Can you point me to the live calls you made? Because i can only find images of your 'wins', not calls. Everybody trades successfully while having 5 pip stop losses...until they start making live calls that is. That being said, there are traders that i've seen do that which i respect on this forum.
  • #1,148,585
  • Jan 31, 2019 5:27am Jan 31, 2019 5:27am
Quoting Stillearnin
{quote} Can you point me to the live calls you made? Because i can only find images of your 'wins', not calls. Everybody trades successfully while having 5 pip stop losses...until they start making live calls that is. That being said, there are traders that i've seen do that which i respect on this forum.
Maybe you overlooked - look a tiiiiiiinnnnnny bit harder... You'd have to check my profile's wall mate where I've made replies... locate the ones with images attached showing the paperclip icon.

ATB
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  • #1,148,586
  • Jan 31, 2019 5:30am Jan 31, 2019 5:30am
It's this one I believe
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  • #1,148,587
  • Jan 31, 2019 5:32am Jan 31, 2019 5:32am
Quoting FXCyborg
{quote} Maybe you overlooked - look a tiiiiiiinnnnnny bit harder... You'd have to check my profile's wall mate where I've made replies... locate the ones with images attached showing the paperclip icon. ATB
You are explaining what happened (history) and do not have one single call. Do you want me to give tech reason for why eurusd did what it did from now till back in 2015? I can do that, even if i have to invent stuff lol.
  • #1,148,588
  • Jan 31, 2019 5:48am Jan 31, 2019 5:48am
My advice for the very few who share the same view with me is to stay cam if you are long do not take profit yet the Euro bulls are still in control if you miss the trend wait for a pull back to renter long, remember Non-farm is tomorrow which is 98% likely to me negative news for dollar.

For those who are still suffering from scarping which is a psychological mental illness, my wish for you is to get well soon, Forex is too large for one to see it as a play ground where you can going in and go out as you want.

Be wise do not let today that is passing fast to end your future.

God bless all of us.
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  • #1,148,589
  • Jan 31, 2019 6:38am Jan 31, 2019 6:38am
Quoting Stillearnin
{quote} You are explaining what happened (history) and do not have one single call. Do you want me to give tech reason for why eurusd did what it did from now till back in 2015? I can do that, even if i have to invent stuff lol.

OK, what ever you say... ROTFLMAO - if your focus is like this when you approach trading mate, you'll never get off that demo account to trade live successfully.

And to prove my point further, I already gave the tech reason as to why the EUR/USD will do what I mentioned.

So I kindly ask you to pay more attention and FOCUS before trying to make me look like I'm lying... I have NO reason to misguide any of you. You seriously need to be more active in your research... my images clearly show a TICK written in red --- THAT WAS AFTER --- you need to look at the other image which shows the BEFORE.

If you are focused.. learn now to navigate a website before making assumptions


SMH
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  • #1,148,590
  • Jan 31, 2019 6:47am Jan 31, 2019 6:47am
1. ..natural retracement,
2. no breaking news
3. => bounce on 1475
Classic shit, easy money
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  • #1,148,591
  • Jan 31, 2019 6:58am Jan 31, 2019 6:58am
Quoting TudorIoan
1. ..natural retracement, 2. no breaking news 3. => bounce on 1475 Classic shit, easy money {image}
thank you,, I was wondering why this stopped at 1472....I was waiting for 1463...
  • #1,148,592
  • Jan 31, 2019 7:00am Jan 31, 2019 7:00am
Quoting Boulder
{quote} thank you,, I was wondering why this stopped at 1472....I was waiting for 1463...
Yeap, classical Fibo shit use to work if no political breaking mess...
But you might see 1463 after all
Member
  • #1,148,593
  • Jan 31, 2019 8:01am Jan 31, 2019 8:01am
Quoting TudorIoan
1. ..natural retracement, 2. no breaking news 3. => bounce on 1475 Classic shit, easy money {image}
I had the same without fibo's but using the Double Marubozu approach - ZERO draw-down However off the 30 min compression not the 15 Min. #EasyMoney
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  • #1,148,594
  • Jan 31, 2019 8:04am Jan 31, 2019 8:04am
Quoting TudorIoan
{quote} Yeap, classical Fibo shit use to work if no political breaking mess... But you might see 1463 after all
That depends on what you have your fibo's set at If you have them set to the default configuration, then yeah, they will get busted. Setting them to Banking & Harmonic levels, they tend to respect them, a LOT
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  • #1,148,595
  • Jan 31, 2019 8:07am Jan 31, 2019 8:07am
Quoting frankjibe
{quote} I'm stating the opposite actually. Market is completely unpredictable and the best approximation to that is a random walk. Lines, candles formations, "feelings" haven't proved more successful than random trading. What is funny to me is that people that are so much into "tec analysis" and that are so much into measuring and data, don't actually measure the rate of success. Generation after generation traders mimic what others have done without really understanding why. I'd challenge you doing an historical analysis of whatever makes you think...
I just checked your profile and u didn't write anything more than 1 year and u just started writing today and before 2 days

what did the members here benefit from your writing ? I don't see any calls or analysis just u keep writing small article and showing your muscles that u know better than others but we didn't see any actual benefit.

sorry to attack u in this way I rarely goes to someone profile and see what he post in the past but I was curious and I was shocked when I saw that ur last post was in July 2017

when u attack someone view and tell me I am wrong and euro will not reach 1.17 or 1.20 and if it really happened its just luck then show me what u got ? I have already post my Elliott waves analysis many many many times to prove that we are going to 1.20 its not a joke or just gambling I put much efforts in counting waves to get this result !

so If you would like to discuses something with me u can post ur chart and show us ur bearish or bullish analysis or else I will just not bother to reply back in the future
  • #1,148,596
  • Jan 31, 2019 8:11am Jan 31, 2019 8:11am
Quoting FXCyborg
{quote} I'm really sorry mate...No it's not... You only get draw-down on E.W.A when you don't read the underlining price and previous prices (history) properly. It doesn't matter if you're trading on a 1 Minute or a Monthly Compression... the draw down can be reduced as little as ONE POINT - I've done it many times. And those who I trade along side with do the same too. So I'm very sorry, you're just way off base here mate. More than you care to admit. Once you understand how to read price correctly in its truest form, you...

if you are Elliott wave trader and you tell me there is no drawdown prove it to me. how can you know if wave 2 will correct 50% fibo or 61% fibo or even 100% retracement before wave 3 take over and do the impulsive !?

if you are not Elliott wave trader and u have super secret analysis that gives u less than 10pips drawdown this would be impressive and I don't care if u nailed it many time in the past. past is past we are the present now so this is the field and we are waiting for your wonderful 10pips drawdown calls and I will be the first one who give you thumbs up for it
  • #1,148,597
  • Jan 31, 2019 8:21am Jan 31, 2019 8:21am
Quoting msniper
{quote} I just checked your profile and u didn't write anything more than 1 year and u just started writing today and before 2 days what did the members here benefit from your writing ? I don't see any calls or analysis just u keep writing small article and showing your muscles that u know better than others but we didn't see any actual benefit. sorry to attack u in this way I rarely goes to someone profile and see what he post in the past but I was curious and I was shocked when I saw that ur last post was in July 2017 when u attack someone...


No, I'm not attacking or feeling attached. I've been a long time "hobbist" trader (meaning I have a job and do this aside). I have a background on Data analysis, statistics, AI development have been reading this forum since several years ago with very little interaction

I think I made all the mistake a trader can make, until I started treating the market just like betting at the casino and applying the same mathematical model, with the difference that in Forex you CAN actually have a bit of an edge on the market...just like the house has at the casino.

The point I'm failing to convey, apparently, is that I'm not saying that you are wrong...but that statistically you have 50% chance of being right (actually a bit more because what you have defined as your target price is closer to actual price than the "others" price is) but not more than that.

I'm writing this because reading something like this 10 years ago would have saved me quite some disappointment. In general, the only thing that I really didn't like in your (and many others) post was the tone of it, very much towards a "this is SURE". I'm afraid some rookie could stumble in a post like yours and place the wrong bet or spend years trying to understand how tech analysis works just to discover it doesn't work any better thank a coin flip.

I just need one info from you: when is that we can call your prediction wrong? what is the price or time where we can say "he was wrong"? Open bets are difficult to measure and someone so much into technical analysis should be all about measuring. Give me that and I'll keep an eye on EURUSD to check. If you want to do that on regular bases, I volunteer to keep track of all you bets (I actually work for a company selling a data analysis software) so that we can come out with accurate data. I swear you if that has a positive outcome in 6 month times I'll pay you very well to teach me technical analysis.

Best of luck on you trades, I truly wish you being successful.

Cheers
  • #1,148,598
  • Jan 31, 2019 8:25am Jan 31, 2019 8:25am
Quoting frankjibe
{quote}Market is completely unpredictable
ROTFL - Sorry for laughing, the "market is completely unpredictable "? Maybe you're doing something seriously wrong? How do you think the top 1% "Predict" the market?

How do you think I predict the market, rubbing the magic ball or something?

Come on mate, that's a bit far fetched of a statement.

Granted, we can't get it correct 100% of the time - consistently.

Quoting frankjibe
{quote}
What is funny to me is that people that are so much into "tec analysis" and that are so much into measuring and data, don't actually measure the rate of success.
Say's who mate, you? that's a bold statement.

You DON'T know me, or how I think, or how I PREDICT the markets with a high degree of accuracy. That's just another unfounded bold statement of yours.

Quoting frankjibe
{quote}
Generation after generation traders mimic what others have done without really understanding why. I'd challenge you doing an historical analysis of whatever makes you think that the price will go to 1.20 (or any other value & direction)
I'll answer it for him... I'm not disagreeing with the guy, I don't think it will happen right now, but eventually it will. 1.19583 is one target...1.21269 is another target... 1.22851 is another, is on the cards some time in the future.. Why? Market Gaps can not be left open indefinitely. They have to be closed.

How do you think the market moves? By MUTUAL agreement / sentiment.

I've never gone back to my old posts here and my analysis has always been spot on!

I think you seriously need to check yourself mate - lots of your stuff is just pure unfounded statements with nothing to back it up - you think you're a guru of how others think and react... sadly, you're not.

ATB
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  • #1,148,599
  • Jan 31, 2019 8:41am Jan 31, 2019 8:41am
When we look at charts we look at the past. So we use the past to predict/know the future. It`s like just about everything in life: it works until it doesn`t.
  • #1,148,600
  • Jan 31, 2019 8:43am Jan 31, 2019 8:43am
Quoting FXCyborg
{quote} ROTFL - Sorry for laughing, the "market is completely unpredictable "? Maybe you're doing something seriously wrong? How do you think the top 1% "Predict" the market? How do you think I predict the market, rubbing the magic ball or something? Come on mate, that's a bit far fetched of a statement. Granted, we can't get it correct 100% of the time - consistently. {quote} Say's who mate, you? that's a bold statement. You DON'T know me, or how I think, or how I PREDICT the markets with a high degree of accuracy. That's just another...

ouch, this is becoming interesting.

So no, I don't know you, but you seem to be an expert. Can you please tell me how often an "head and shoulder" turns to actually deliver what it predicted in the last 10 years?
Also there is plenty of rethorical fallancies in your post (https://en.wikipedia.org/wiki/List_of_fallacies) ....i.e. you state top 1% can predict....well, if you take top 1% they beat the market by definition otherwise they will not be in the top 1%, still this is saying nothing about the effectiveness of technical analysis. Or better, it is probably support fact against it: If tech analysis would work, we'd see way more people making money with it, while you just said that's limited to 1%....man, that's even less than random trading!!

Warning: open mind, math and statistical understanding is needed to fully understand the irony above and how that smashes the several rethorical and logical fallancies in the post above.

Cheers
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