chaos is just unknown order
- Joined Jul 2011 | Status: Trader | 8,572 Posts
{quote} check now dude and learn to trade, how is it aging now?
Waiting...
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
10.7%
- Joined Jul 2011 | Status: Trader | 8,572 Posts
{quote} {image}
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
10.7%
- Joined Jul 2011 | Status: Trader | 8,572 Posts
Speaking of USD, will it rebound today for a great finish on Friday?
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
10.7%
{quote} Hey, that's exactly what I say, need to move this discussion to the Comedy section.
chaos is just unknown order
Weekly chart update and comparison to Wyckoff accumulation phases..it looks they fits so lovely {image} {image} Warning: NOT for all tastes
The impulse wave has been enhanced by the full victory of Republicans and for my pleasure the targets i was expecting have arrived quickly. More or less the chart has been updated after US election with an almost matched moves with the yellow arrows drawned at the time. the mark up after these let s say 2 years of accumulation process is ging to happend according Wyckoff theory, so i m going to extend the final target of my plan around 114 or even 120.
Most of my positions have been banked with an excellent gain but i ve left some and planning to add whenever i see an opportunity.
chaos is just unknown order
- Joined Mar 2008 | Status: Name real with real own way | 22,221 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- Joined Jul 2011 | Status: Trader | 8,572 Posts
one day you are the pigeon, next day you are the statue
That's another way of emphasizing life's unpredictability! Sometimes you're on top, making your way through life without a care, and other times you're on the receiving end of challenges and hardships. It's a reminder that fortunes can change quickly, and it's important to stay resilient and adaptable through life's ups and downs.
That's another way of emphasizing life's unpredictability! Sometimes you're on top, making your way through life without a care, and other times you're on the receiving end of challenges and hardships. It's a reminder that fortunes can change quickly, and it's important to stay resilient and adaptable through life's ups and downs.
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
10.7%
one day you are the pigeon, next day you are the statue {image} That's another way of emphasizing life's unpredictability! Sometimes you're on top, making your way through life without a care, and other times you're on the receiving end of challenges and hardships. It's a reminder that fortunes can change quickly, and it's important to stay resilient and adaptable through life's ups and downs.
chaos is just unknown order
- Joined Jul 2011 | Status: Trader | 8,572 Posts
Using two indicators to gauge price action, where MACD (1) gives a warning and PPST (2) give s a possible trade level. As we know, DXY has been ranging but with CPI news looming, could this be the premonition of a USD weak cycle?
Also, a bear flag by another analyst
Also, a bear flag by another analyst
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
10.7%
Weekly chart update and comparison to Wyckoff accumulation phases..it looks they fits so lovely {image} {image} Warning: NOT for all tastes
chart update
Note
- LPS—last point of support, the low point of a reaction or pullback after a SOS. Backing up to an LPS means a pullback to support that was formerly resistance, on diminished spread and volume. On some charts, there may be more than one LPS, despite the ostensibly singular precision of this term.
- BU—“back-up”. This term is short-hand for a colorful metaphor coined by Robert Evans, one of the leading teachers of the Wyckoff method from the 1930s to the 1960s. Evans analogized the SOS to a “jump across the creek” of price resistance, and the “back up to the creek” represented both short-term profit-taking and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up, and can take on a variety of forms, including a simple pullback or a new TR at a higher level.
source The Wyckoff Method: A Tutorial | ChartSchool | StockCharts.com
chaos is just unknown order
- Joined Jul 2011 | Status: Trader | 8,572 Posts
Using two indicators to gauge price action, where MACD (1) gives a warning and PPST (2) give s a possible trade level. As we know, DXY has been ranging but with CPI news looming, could this be the premonition of a USD weak cycle? {image} Also, a bear flag by another analyst
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
10.7%
- Joined Jul 2011 | Status: Trader | 8,572 Posts
{quote} Update on this chart... {image}
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
10.7%
- Joined Jul 2011 | Status: Trader | 8,572 Posts
Bears still in control
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
10.7%
