Too much beer drinking going on in here tongiht !!!!!!!!!
We love you too.
What else can I say? Oh yeah: Cheers!
- #6,501
- Sep 26, 2007 8:27pm Sep 26, 2007 8:27pm
- | Joined May 2006 | Status: Trade Towards the 5 ema | 2,881 Posts
- #6,503
- Sep 27, 2007 1:32am Sep 27, 2007 1:32am
- | Joined Mar 2007 | Status: Zoom out | 1,425 Posts
Seeking, I have to admit that very often I can only scratch the surface of your posts and thoughts... Unfortunately, I suppose that shows how very far behind I really am, and also in the back of my mind hoping that I will never have to make things as complicated as you do... ( yes, I know for you it is not complicated )
For now I must keep it simple... and also admit that I refuse to belive that I cannot still be profitable on simple terms...
you can, and you have done. PA can be traded (especially on a longer timeframe) with nothing else on your charts, and even ignoring the news altogether. It works, and only you know how you want to trade it. Seeking has his own special thorough complicated super sonic way of looking at things...I dont know how he does it, it makes me tired just reading what he writes
and I feel completely inadequate...but then, Im making money so I dont care! We all have our own style and method of incorporating the same information, which makes us all so interesting, be yourself tiki, youre a great guy and youre doing fine...take care, Raz ps thanks Jim!
Never say never.
- #6,504
- Sep 27, 2007 2:25am Sep 27, 2007 2:25am
- | Commercial User | Joined Jan 2007 | 1,442 Posts
Ouch. Bit of a headache this morning.
Just wanted to post a beautiful setup in the Bund yesterday. I know most of you won't be interested in this market but the purpose is to post what I consider to be an A trade.
I didn't take this but none the less it is a perfect example of strong confluence in a setup and how if you are patient you will get some absolutely incredible opportunities.
Pin bar (circled) with the nose directly on a prominent S/R level (this made me particularly confident as I have had it on my charts for some time now).
That S/R level also happened to almost directly coincide with the 23 fib of the swing down.
The nose of the pin had also found resistance from the daily 50ema.
Edit: I also just noticed that my news feed has reported "The Bunds are opening lower on Thursday...with traders citing
technical selling..." LOL... You see, the pro's like what Jim teaches, too!
Just wanted to post a beautiful setup in the Bund yesterday. I know most of you won't be interested in this market but the purpose is to post what I consider to be an A trade.
I didn't take this but none the less it is a perfect example of strong confluence in a setup and how if you are patient you will get some absolutely incredible opportunities.
Pin bar (circled) with the nose directly on a prominent S/R level (this made me particularly confident as I have had it on my charts for some time now).
That S/R level also happened to almost directly coincide with the 23 fib of the swing down.
The nose of the pin had also found resistance from the daily 50ema.
Edit: I also just noticed that my news feed has reported "The Bunds are opening lower on Thursday...with traders citing
technical selling..." LOL... You see, the pro's like what Jim teaches, too!
- #6,509
- Sep 27, 2007 4:38am Sep 27, 2007 4:38am
- | Commercial User | Joined Aug 2006 | 12,004 Posts
I know, I know, it's news...but if anyone is considering or already long USD/CAD, it may cheer you up:
DOLLAR-CANADA: Talk of decent demand in place between C$0.;9980/70, one trader reports, while another notes recent buying seen from a 'smart'
Swiss fund. Offers noted at C$1.0050/55.
and since news is saying to buy I guess I will sell if we break 1 again
- #6,510
- Sep 27, 2007 4:55am Sep 27, 2007 4:55am
- | Commercial User | Joined Jan 2007 | 1,442 Posts
jeez wiz that is crazy talk about an AHA moment (sorry couldn't resist) glad you are ok though
and since news is saying to buy I guess I will sell if we break 1 again
Please don't buy Canadian dollars...I want my AUD/CAD to carry on up...
- #6,511
- Sep 27, 2007 4:58am Sep 27, 2007 4:58am
- | Commercial User | Joined Aug 2006 | 12,004 Posts
LOL dude, well I prefer AHA moment than "sign from above".
Please don't buy Canadian dollars...I want my AUD/CAD to carry on up...
LOL bro I am sorry but I am laughing over here cause I picture you trading forex then your seat blasting back(ala the movies) your hair sticking straight up and you waking up and going "wtf I am just trying to buy the euro"
- #6,513
- Sep 27, 2007 5:25am Sep 27, 2007 5:25am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Trust price. Know yourself.
- #6,514
- Sep 27, 2007 5:49am Sep 27, 2007 5:49am
- | Commercial User | Joined Jan 2007 | 1,442 Posts
Sign from God. No forex for you! Also he wants you to live a salt, bread and water life, away from all technology. Heed the call before thou be strucketh with a bolt that ringeth true.
The modem was His warning.
- #6,516
- Sep 27, 2007 7:48am Sep 27, 2007 7:48am
- | Joined May 2006 | Status: Trade Towards the 5 ema | 2,881 Posts
- #6,517
- Edited 8:21am Sep 27, 2007 8:08am | Edited 8:21am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Well, of coarse your PM to me was correct... however I did not get to read it before I lost my Pin trade... I had already as you mentioned, moved my stop down for the day... Now GBP has gone up... But I went short again at top of the channel... with a very tight stop right above the channel line.
Considering how far we've already moved against the USD for the day I wouldn't short anything with less than a big 4h PB and even then only on break and even then I'd have doubts.
We're all victims of our convictions. I spent 2 weeks trying to go long during the sideways / move down phase and paid in time and money, and you I believe are now trying to get the market to still go down.
We both have to move past some of our own stubborness I think
Attaching a way things could have gone by taking "all setups" on daily and not playing clever(not directed at anyone!) and closing, but allowing the stop / PA dictate things.
You'll see it gets very little profit initially, but what if any of the TL had broken down? You woulda been in all the way.
This is back to our old debate of closing out early vs letting it run even on risk of +0.
Trust price. Know yourself.
- #6,518
- Sep 27, 2007 8:25am Sep 27, 2007 8:25am
- | Joined Feb 2007 | Status: POP FIAT FASCISM | 1,106 Posts
I believe it's gonna break to the upside.
Considering how far we've already moved against the USD for the day I wouldn't short anything with less than a big 4h PB and even then only on break and even then I'd have doubts.
We're all victims of our convictions. I spent 2 weeks trying to go long during the sideways / move down phase and paid in time and money, and you I believe are now trying to get the market to still go down.
We both have to move past some of our own stubborness I think
Attaching a way things could have gone by taking "all setups" on daily and not playing clever and closing, but allowing the stop / PA dictate things.
You'll see it gets very little profit initially, but what if any of the TL had broken down? You woulda been in all the way.
This is back to our old debate of closing out early vs letting it run even on risk of +0.
- #6,519
- Sep 27, 2007 8:46am Sep 27, 2007 8:46am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
(Uneducated Fundie Moment)
I've now read 6 or 7 articles citing reasons why England is in incredibly bad shape, big trouble, end of yield curve, in need of making cuts, running into housing disaster...
Should I have added 0.5% risk for every story I read onto GBPUSD longs? ;0
Well, all will be revealed in 15 minutes, I guess
Abandon all hope all ye who enter here..DJI 100 points from 14k, GJ on the brink of breaking out, EJ just under 164, EURCHF almost touching 1.66...
As usual - anything goes. Best kickoff spots for shorts, technically significant s/r borderlines for longs...what "odd" "coincidences" this market gives us
Trust price. Know yourself.
