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  • #1,208,421
  • Jan 18, 2022 8:38am Jan 18, 2022 8:38am
Quoting here2there
{quote} I disagree. The lines serve as a guide. Just like your supply and demand zones serve as a guide.
But you don't know which line the market will follow.

I can draw lines with moving averages on the EUR/USD chart. 100 hour MA, 200 hour MA, 100 DMA, 200 DMA..., but it doesn't tell me where the price will go in the future. If it was that easy, then everyone would be rich.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,208,422
  • Jan 18, 2022 8:42am Jan 18, 2022 8:42am
Diagonal formation emergence activated
Founder of Sutherland Wave Principle
  • #1,208,423
  • Jan 18, 2022 8:46am Jan 18, 2022 8:46am
stop the press it's reverse symmetrical
Founder of Sutherland Wave Principle
  • #1,208,424
  • Jan 18, 2022 8:47am Jan 18, 2022 8:47am
Quoting here2there
{quote} I disagree. The lines serve as a guide. Just like your supply and demand zones serve as a guide.
They serve for one purpose, to make the chart look good and colorful. It is nothing like supply/demand.
  • #1,208,425
  • Jan 18, 2022 8:48am Jan 18, 2022 8:48am
back to 80
Founder of Sutherland Wave Principle
  • #1,208,426
  • Jan 18, 2022 8:50am Jan 18, 2022 8:50am
Quoting suthmo
back to 80
Naise
Fundamental provide Volume, Technical shows Direction
  • #1,208,427
  • Jan 18, 2022 8:51am Jan 18, 2022 8:51am
Quoting Techanalyst
{quote} They serve for one purpose, to make the chart look good and colorful. It is nothing like supply/demand.
To make it look like pro too.
Fundamental provide Volume, Technical shows Direction
  • #1,208,428
  • Jan 18, 2022 8:53am Jan 18, 2022 8:53am
we've cleared the 777s and 666s now time to say hello to the 333rds
Founder of Sutherland Wave Principle
  • #1,208,429
  • Jan 18, 2022 8:53am Jan 18, 2022 8:53am
Quoting Techanalyst
{quote} They serve for one purpose, to make the chart look good and colorful. It is nothing like supply/demand.
The problem is you are not a pattern trader, nor a true Technical Analyst. So you don't see the value in such things. As for your supply and demand zones, they are just as subjective as trend lines.
Learn from your mistakes and march on.
  • #1,208,430
  • Jan 18, 2022 8:55am Jan 18, 2022 8:55am
If you believe in following trend lines, then look at the 55 DMA and 100 DMA.

I think that if the daily candle closes under the 55 DMA today, then the bulls are done. If not, then maybe they can try to reach the 100 DMA this week or next.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2022-01-18_09-51-34.png Size: 114 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,208,431
  • Jan 18, 2022 8:56am Jan 18, 2022 8:56am
Quoting here2there
{quote} I disagree. The lines serve as a guide. Just like your supply and demand zones serve as a guide.
The red rectangles supply zone the green is demand. The white lines are trend lines, which one is accurate, could you walk us through these "reliable" trend lines?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 151 KB
  • #1,208,432
  • Jan 18, 2022 9:00am Jan 18, 2022 9:00am
Godbye 666 it was not to be
Founder of Sutherland Wave Principle
  • #1,208,433
  • Jan 18, 2022 9:00am Jan 18, 2022 9:00am
Quoting here2there
{quote} The problem is you are not a pattern trader, nor a true Technical Analyst. So you don't see the value in such things. As for your supply and demand zones, they are just as subjective as trend lines.
One thing i gotta agree alot of time MA and Fib did great job
Fundamental provide Volume, Technical shows Direction
  • #1,208,434
  • Jan 18, 2022 9:01am Jan 18, 2022 9:01am
This is pure wave principle porn right here where's the Elliott Crew?
Founder of Sutherland Wave Principle
  • #1,208,435
  • Jan 18, 2022 9:02am Jan 18, 2022 9:02am
Quoting Techanalyst
{quote} The red rectangles supply zone the green is demand. The white lines are trend lines, which one is accurate, could you walk us through these "reliable" trend lines? {image}
Sorry, but you haven't proven your point here. All you are demonstrating is you don't understand how to trade patterns. I recommend you make a request to change your username. It is deceptive for you to call yourself Techanalyst when you are nothing of the sort.
Learn from your mistakes and march on.
  • #1,208,436
  • Jan 18, 2022 9:03am Jan 18, 2022 9:03am
Quoting here2there
{quote} The problem is you are not a pattern trader, nor a true Technical Analyst. So you don't see the value in such things. As for your supply and demand zones, they are just as subjective as trend lines.
What is a "pattern" trader, and what do you mean by "true technical analyst" what is that? What value do you see in drawing trend lines on the chart?????????????????????????????????????????????????????????????
  • #1,208,437
  • Jan 18, 2022 9:03am Jan 18, 2022 9:03am
Quoting here2there
{quote} Sorry, but you haven't proven your point here. All you are demonstrating is you don't understand how to trade patterns. I recommend you make a request to change your username. It is deceptive for you to call yourself Techanalyst when you are nothing of the sort.
Answer the question.
  • #1,208,438
  • Jan 18, 2022 9:05am Jan 18, 2022 9:05am
Quoting Techanalyst
{quote} What is a "pattern" trader, and what do you mean by "true technical analyst" what is that? What value do you see in drawing trend lines on the chart?????????????????????????????????????????????????????????????
I don't use trend lines. I trade other patterns. But there are people who trade trend lines successfully. Just because you don't know how to trade a trend line, it doesn't mean they are useless.
Learn from your mistakes and march on.
  • #1,208,439
  • Jan 18, 2022 9:05am Jan 18, 2022 9:05am
49 bounce?
Founder of Sutherland Wave Principle
  • #1,208,440
  • Jan 18, 2022 9:06am Jan 18, 2022 9:06am
Quoting here2there
{quote} I don't use trend lines. I trade other patterns. But there are people who trade trend lines successfully. Just because you don't know how to trade a trend line, it doesn't mean they are useless.
How's your buy on EURUSD going so far, "technical trader" and "pattern trader"???????
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 40 KB
Click to Enlarge Name: USDCHFH1.png Size: 44 KB
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