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  • #1,218,141
  • Sep 1, 2022 7:39am Sep 1, 2022 7:39am
Quoting M3csl
{quote} unprofitable? It's been an unbelieveable cash machine of late

Yes, it's been in a down leg for over a year and people holding on to their short during that time would have made a lot of money. Anyone dipping in and out (going long or trying to go short on short time frames) would have been losing a lot of money.
  • #1,218,142
  • Sep 1, 2022 7:41am Sep 1, 2022 7:41am
The buy signal was given in July 2021, continuous profit since then.
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  • #1,218,143
  • Sep 1, 2022 7:41am Sep 1, 2022 7:41am
Unlikely .9980 would break today considering NFP is tomorrow. It might break after NFP tomorrow. But not today. Long at 0.9985 target 1.0050 for a nice scalp. SL 20 pips.
  • #1,218,144
  • Sep 1, 2022 7:46am Sep 1, 2022 7:46am
Not sure what people mean when they say EUR/USD will go higher today, it has already fallen a lot and looks like it will keep falling.
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  • #1,218,145
  • Sep 1, 2022 7:48am Sep 1, 2022 7:48am
Quoting JauntyLoon
Not sure what people mean when they say EUR/USD will go higher today, it has already fallen a lot and looks like it will keep falling. {image}
It's cause they are long and don't want to give up on their trades.
Risk Management is of utmost importance!
  • #1,218,146
  • Sep 1, 2022 9:37am Sep 1, 2022 9:37am
Hiking rates into a coming depression, Europe and the USA are hastening the 'Great Reset'.

With record debt, consumers, businesses and even government will be unable to pay interest at rates of 4% or higher.

They will be offered debt forgiveness - at a price. I.e., they will forgo ownership of any assets for the rest of their lives.

They will own nothing, and be happy!
  • #1,218,147
  • Sep 1, 2022 9:39am Sep 1, 2022 9:39am
Quoting JauntyLoon
Hiking rates into a coming depression, Europe and the USA are hastening the 'Great Reset'. With record debt, consumers, businesses and even government will be unable to pay interest at rates of 4% or higher. They will be offered debt forgiveness - at a price. I.e., they will forgo ownership of any assets for the rest of their lives. They will own nothing, and be happy!

Forgot to mention China locked down over 21 million people this morning AGAIN. That is dangerous for the world economy.
  • #1,218,148
  • Sep 1, 2022 9:44am Sep 1, 2022 9:44am
Quoting investing101
{quote} Forgot to mention China locked down over 21 million people this morning AGAIN. That is dangerous for the world economy.

Yes it's fascinating, obviously their 'vaccines' aren't working.

China wants to slowly starve and impoverish its own population to death, but I wonder why.

Maybe it's related to the chip ban the U.S. just passed
  • #1,218,149
  • Sep 1, 2022 9:46am Sep 1, 2022 9:46am
Quoting JauntyLoon
{quote} Yes it's fascinating, obviously their 'vaccines' aren't working. China wants to slowly starve and impoverish its own population to death, but I wonder why. Maybe it's related to the chip ban the U.S. just passed
I'd be crazy to buy anything but the dollar in this market
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  • #1,218,150
  • Edited 11:13am Sep 1, 2022 9:59am | Edited 11:13am
in this step, bearish target = 0.98705 (normal market)
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we just monitor the price movement, whether the target is achieved or not achieved ... but the target does not have to be achieved today
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I also didn't expect price movements to move so fast.... I suspect smart money has cost too much to absorb demand
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The Average Discount Everything
  • #1,218,151
  • Sep 1, 2022 10:11am Sep 1, 2022 10:11am
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I agree with HESRON... but taking prfts at 0.9902 IF SEEN.....is not a bad idea......

As for China you must all know that it is an American state and creation since 1945. All this fake turmoil is just a cover . China will find its population from 1.5 Billions to 100.000.000 withing 24 hours .

  • #1,218,152
  • Sep 1, 2022 10:17am Sep 1, 2022 10:17am
Quoting F.g
{image} I agree with HESRON... but taking prfts at 0.9902 IF SEEN.....is not a bad idea...... As for China you must all know that it is an American state and creation since 1945. All this fake turmoil is just a cover . China will find its population from 1.5 Billions to 100.000.000 withing 24 hours .
Politely disagree. If New York shuts down, your logic states Nebraska will pick up the slack. Simply NOT true.
  • #1,218,153
  • Sep 1, 2022 2:27pm Sep 1, 2022 2:27pm
Let's put conspiracy theories aside guys, show me the money

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You have to have an IQ higher than 90 to interact with this user.
  • #1,218,154
  • Sep 2, 2022 12:07am Sep 2, 2022 12:07am
Quoting Nordling
Let's put conspiracy theories aside guys, show me the money {image}
I'll show you something...

What it actually took to learn markets

A piece of paper flips over and on the other side of the world a new science is born.

aprx 4 years spinning chart to isolate the primary sequence

aprx 2 years isolating wave groups and matching the results with other charts and realizing all the charts isolated groups have something in common.

aprx 2 years realizing and detailing the separate sections of a complete run of 7 waves.

aprx 3 years realizing there's something called Elliot Wave principle and studying it, comparing it to the 7x7 matrix, completely re working all of EWP to reflect the 7x7 field matrix. Working out new Fibonacci laws.

Aprox 2 years studying and realizing this 7x7 system + Wave Principle = Quantum Wave Principle. Drawing new model in quantum physics and using it to verify the relationship between wave principle and quantum physics. Discovering waves form in groups of 7 divided by 3 time frames, writing the story of how quantum physics is the bedrock of wave principle.

Aprx 1 year bringing everything together. Going back to the beginning of my research and pulling in some elements that had been over shadowed while working on new discoveries.

The project has come full circle.

This is what it took to learn the market I know.
Founder of Sutherland Wave Principle
  • #1,218,155
  • Edited 1:24am Sep 2, 2022 1:10am | Edited 1:24am
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The Average Discount Everything
  • #1,218,156
  • Sep 2, 2022 2:51am Sep 2, 2022 2:51am
Quoting suthmo
{quote}I'll show you something... What it actually took to learn markets A piece of paper flips over and on the other side of the world a new science is born. aprx 4 years spinning chart to isolate the primary sequence aprx 2 years isolating wave groups and matching the results with other charts and realizing all the charts isolated groups have something in common. aprx 2 years realizing and detailing the separate sections of a complete run of 7 waves. aprx 3 years realizing there's something called Elliot Wave principle and studying...
I am glad that you found the trading style and system that works for you buddy.

It took me 4 years to understand the market, and i will probably keep learning new stuff every year. But 4 years was good enough to be profitable with 70% winrate and 1.5 risk-reward.

Every strategy is good if it is generating profits and if it's sustainable. I saw guys with %90 winrate, yet 1 loss caused them to blow their account.

So i am interested in money & sustainability, it doesn't matter if it is technical, fundamental or a quant system Nordling likes moné
You have to have an IQ higher than 90 to interact with this user.
  • #1,218,157
  • Edited 4:49am Sep 2, 2022 3:24am | Edited 4:49am
strong correction wave iv = 61.8% wave iii . wave iv = 50.0% (wave iii - wave i) .... Under normal circumstances, Wave IV should not be more than the current situation

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The Average Discount Everything
  • #1,218,158
  • Sep 2, 2022 5:12am Sep 2, 2022 5:12am
Quoting Nordling
Let's put conspiracy theories aside guys, show me the money {image}

Most traders are losing money, so they have nothing to show.

An understanding of world events will help you far better than 'technical analysis'.

EUR/USD is now consolidating once more; I stress again that the best signal to sell was given over a year ago, and since then people trying to dip in and out on short time frames have simply lost money.
  • #1,218,159
  • Sep 2, 2022 5:15am Sep 2, 2022 5:15am
Quoting hesron
strong correction wave iv = 61.8% wave iii . wave iv = 50.0% (wave iii - wave i) .... Under normal circumstances, Wave IV should not be more than the current situation {image} {image}

Elliot Wave is another unprofitable 'system' with so many exceptions and sub-clauses that it can be used to explain anything while being useless for prediction of future price action.

Even the basic underlying premise (5 waves up, 3 waves down) is false. (Extended motive waves; XYZ corrective waves - meaning there are almost always far more than five waves up and three waves down).

Endings of wave 5 can fall short of endings of wave 3. 'Corrective' wave Bs can exceed the level of the wave 5 (so that 'corrective' waves can make all-time highs or all-time lows).

Totally useless.
  • #1,218,160
  • Sep 2, 2022 5:16am Sep 2, 2022 5:16am
Quoting Nordling
{quote} I am glad that you found the trading style and system that works for you buddy. It took me 4 years to understand the market, and i will probably keep learning new stuff every year. But 4 years was good enough to be profitable with 70% winrate and 1.5 risk-reward. Every strategy is good if it is generating profits and if it's sustainable. I saw guys with %90 winrate, yet 1 loss caused them to blow their account. So i am interested in money & sustainability, it doesn't matter if it is technical, fundamental or a quant system Nordling...

Good for you. Been doing it for four years and not found any profitable system.
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