see what i am showing you in every charts how many triangle making everday 
30 mins chart
30 mins chart
Cable Update (GBPUSD)
- #48,603
- Jan 8, 2008 6:44am Jan 8, 2008 6:44am
- | Joined Nov 2006 | Status: Seeking Light | 1,059 Posts
hope this clarifies too
.Wicked pissa
http://static.urbandictionary.com/thumbsup.gif Boston/Rhode Island speak for AMAZING.
Something that's way cool maybe tooo cool! "
...
....
- #48,609
- Jan 8, 2008 8:31am Jan 8, 2008 8:31am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
YOU are absolutely correct and you obviously know what you are doing...and i apologize .... I was thinking of trying that short myself...but then i thought better of it....just that many new people come to forex factory and Blindly follow other peoples trade calls................ and that causes PAIN! maybe somenone without understanding a chart or reasons for someones call......... Cable moving so many pips in that short a period of time....do you think maybe its dangerous to post a high risk trade call like that on a thread? just maybe there are times when that trade Backfires in a big way... maybe you inspire otheres to try to duplicate your success but without your skill and experience......worth thinking about...... good luck to you... it is far better to post a chart and analysis so all can learn from great traders like you IMO
Anyway... already 80 pips drop since that SHORT signal. Cable nearly retrace to 61.8% Fibbo from today Low and High. Better bank in the profit for capital appreciation. To BUY FROM DIP... LONG now or when 61.8% Fibbo is touched with tight SL a few pips below that fibbo....
If there's possibility for downward breakout... can place PO SELL STOP below that 61.8% Fibbo. Prepare for both possibility. Anyway... the NEWS later on will show direction.
This is my INTRADAY TRADE PLAN. Do not follow blindly.
A.Y.O.R >>> At Your Own Risk.
- #48,613
- Jan 8, 2008 9:06am Jan 8, 2008 9:06am
YOU are absolutely correct and you obviously know what you are doing...and i apologize .... I was thinking of trying that short myself...but then i thought better of it....just that many new people come to forex factory and Blindly follow other peoples trade calls................ and that causes PAIN! maybe somenone without understanding a chart or reasons for someones call......... Cable moving so many pips in that short a period of time.... IMO
The thread is a great place, but it is just infested with too many people with too many wild views on what they think cable should do and not what it is doing, all with the hope of being called good trade caller.
I do post my chart analysis here:
http://www.forexfactory.com/showpost...&postcount=210
with exact entry and exit point since Nov after I have discovered that it is time to go public and show people that it is possible to use chaos. Since then the analysis hardly go wrong. I do not feel there is any need to duplicate chart here. I do comment when I feel it is necessay.
Especially to help people put stones under or above
do you think maybe its dangerous to post a high risk trade call like that on a thread? just maybe there are times when that trade Backfires in a big way... maybe you inspire otheres to try to duplicate your success but without your skill and experience......worth thinking about...... good luck to you... it is far better to post a chart and analysis so all can learn from great traders like you
forex, commodities,
I have been sharing a lot of insight into the system but it all depends on how people take the information I am giving out.
Why I posted here today is to point people to the error in trading higher time-frame. There is big error, and many experienced long trade before me will dispute it. This error is propagated due to lack of understanding of how God arranged things in the universe. God arrange things in scale - some will call it fractal. For example our earth is such a thinly fractal not visible to naked eyes in our sub-galaxy when view from higher scale .
God also arrange systems in circles - and periods, and in pairs, and each part is similar to whole, when you take a part and divide it into two, one part of the sub division will bring fort similar two parts and exactly to the parent body. This mighty hand of God is there everywhere in forex and other markets - bulls and bears, circles, market periods, ups and lows, small time frame and higher time frame........everything just consistent with the way the rest things are in larger universe.
why you maybe thinking that it is time to go long all the way, maybe it is not yet time because it has not completed its circle. This is where people are misfiring or remain in position for too long without returning profit, yet they will claim it is better to trade on higher time frame.
I will continue to share if I feel my views will be helpful to people in understanding how God arranged things in the universe, and how he created everything in the name of our lord Jesus Christ. That understanding do not only bring wisdom but humility and appreciation of how forex works because it is a part of all things under the command of Jesus Christ!
- #48,614
- Jan 8, 2008 9:10am Jan 8, 2008 9:10am
- | Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
Thank you for your kind word. I also hold your calls and that of QS in high regards. I happen to chatted with QS privately on a few occasions I think he knows what he is doing.
The thread is a great place, but it is just infested with too many people with too many wild views on what they think cable should do and not what it is doing, all with the hope of being called good trade caller.
I do post my chart analysis here:
http://www.forexfactory.com/showpost...&postcount=210
with exact entry and exit point since Nov after I have discovered that it is time to go public and show people that it is possible to use chaos. Since then the analysis hardly go wrong. I do not feel there is any need to duplicate chart here. I do comment when I feel it is necessay.
Especially to help people put stones under or above
Contrary all my trades are low risk and high profit (+50pips) probability trades with maximum stop loss of 20pips, in case anything goes wrong. Things hardly go wrong. If it does due to human impatience, e.g. too quick to enter market you will recover the 20pips same day or next day. So you see it cannot backfire in a big way, because the system trade only on market behaviours. All levels are based on sound expected market behaviours and it work for all time frames and for all markets - stocks,
forex, commodities,
I have been sharing a lot of insight into the system but it all depends on how people take the information I am giving out.
Why I posted here today is to point people to the error in trading higher time-frame. There is big error, and many experienced long trade before me will dispute it. This error is propagated due to lack of understanding of how God arranged things in the universe. God arrange things in scale - some will call it fractal. For example our earth is such a thinly fractal not visible to naked eyes in our sub-galaxy when view from higher scale .
God also arrange systems in circles - and periods, and in pairs, and each part is similar to whole, when you take a part and divide it into two, one part of the sub division will bring fort similar two parts and exactly to the parent body. This mighty hand of God is there everywhere in forex and other markets - bulls and bears, circles, market periods, ups and lows, small time frame and higher time frame........everything just consistent with the way the rest things are in larger universe.
why you maybe thinking that it is time to go long all the way, maybe it is not yet time because it has not completed its circle. This is where people are misfiring or remain in position for too long without returning profit, yet they will claim it is better to trade on higher time frame.
I will continue to share if I feel my views will be helpful to people in understanding how God arranged things in the universe, and how he created everything in the name of our lord Jesus Christ. That understanding do not only bring wisdom but humility and appreciation of how forex works because it is a part of all things under the command of Jesus Christ!
What, send you a thousand bucks and god will send me 100,000 back ? get those on the telly all the time here
- #48,615
- Jan 8, 2008 9:13am Jan 8, 2008 9:13am
- Joined Oct 2007 | Status: Trader | 6,522 Posts
although the data is bad.. the movement is flat.. too bad..
Perhaps PRICED IN already for CABLE and FIBER
Strange. Anyway... DJI shooting UP :surprised
p/s: Remind me of the NFP last Friday... despite of the TERRIBLE data... CABLE drop down after the spike.
- #48,617
- Edited 9:33am Jan 8, 2008 9:22am | Edited 9:33am
- Joined Aug 2007 | Status: Trader | 3,135 Posts
Measure twice, cut once
I appreciate your great charts and analysis...
you have to come visit us in auslancos thread! we would love your analysis there! we look at cable uj and gj
Will there be any refreshments ? ..................
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- #48,620
- Jan 8, 2008 9:31am Jan 8, 2008 9:31am
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
Thank you for your kind word. I also hold your calls and that of QS in high regards. I happen to chatted with QS privately on a few occasions I think he knows what he is doing.
The thread is a great place, but it is just infested with too many people with too many wild views on what they think cable should do and not what it is doing, all with the hope of being called good trade caller.
I do post my chart analysis here:
http://www.forexfactory.com/showpost...&postcount=210
with exact entry and exit point since Nov after I have discovered that it is time to go public and show people that it is possible to use chaos. Since then the analysis hardly go wrong. I do not feel there is any need to duplicate chart here. I do comment when I feel it is necessay.
Especially to help people put stones under or above
Contrary all my trades are low risk and high profit (+50pips) probability trades with maximum stop loss of 20pips, in case anything goes wrong. Things hardly go wrong. If it does due to human impatience, e.g. too quick to enter market you will recover the 20pips same day or next day. So you see it cannot backfire in a big way, because the system trade only on market behaviours. All levels are based on sound expected market behaviours and it work for all time frames and for all markets - stocks,
forex, commodities,
I have been sharing a lot of insight into the system but it all depends on how people take the information I am giving out.
Why I posted here today is to point people to the error in trading higher time-frame. There is big error, and many experienced long trade before me will dispute it. This error is propagated due to lack of understanding of how God arranged things in the universe. God arrange things in scale - some will call it fractal. For example our earth is such a thinly fractal not visible to naked eyes in our sub-galaxy when view from higher scale .
God also arrange systems in circles - and periods, and in pairs, and each part is similar to whole, when you take a part and divide it into two, one part of the sub division will bring fort similar two parts and exactly to the parent body. This mighty hand of God is there everywhere in forex and other markets - bulls and bears, circles, market periods, ups and lows, small time frame and higher time frame........everything just consistent with the way the rest things are in larger universe.
why you maybe thinking that it is time to go long all the way, maybe it is not yet time because it has not completed its circle. This is where people are misfiring or remain in position for too long without returning profit, yet they will claim it is better to trade on higher time frame.
I will continue to share if I feel my views will be helpful to people in understanding how God arranged things in the universe, and how he created everything in the name of our lord Jesus Christ. That understanding do not only bring wisdom but humility and appreciation of how forex works because it is a part of all things under the command of Jesus Christ!