ok there . ......
I think I understand ..............
You are saying mainly chart the
Yen Pairs and Gbp Pairs , right ?
//////////////////////////////////////////////////////////////
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #58,221
- Jan 9, 2008 9:46pm Jan 9, 2008 9:46pm
- Joined Nov 2007 | Status: Trader | 3,060 Posts
Gbp/Usd
Here is the Gbp/Usd pair going into tomorrow's trading US Session
The Bears really put a hurting on the Bulls today.....
:
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Now we appear have some consolidation on the lower time frames
Profit taking may be a cause of some of this ranging motion
and besides , the Europeans are a sleep right now
for now , a correction End of a wave 4 looks to be in play
- See chart posted below
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Only a Probability ! ........ Not Cast in Stone !
------------------------------------------------------------
( Double click on chart to enlarge )
Here is the Gbp/Usd pair going into tomorrow's trading US Session
The Bears really put a hurting on the Bulls today.....
:- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Now we appear have some consolidation on the lower time frames
Profit taking may be a cause of some of this ranging motion
and besides , the Europeans are a sleep right now
for now , a correction End of a wave 4 looks to be in play
- See chart posted below
----------------------------------------------------------
Only a Probability ! ........ Not Cast in Stone !
------------------------------------------------------------
( Double click on chart to enlarge )
- #58,225
- Jan 9, 2008 11:03pm Jan 9, 2008 11:03pm
- Joined Nov 2007 | Status: Trader | 3,060 Posts
Ok, Da' Goods ----
I just looked at chart somewhere in this forum with an army
of oscillators on it , so many oscillators on one chart ...
Use of oscillators just ads the confusion at times
W.D. Gann is the most successful trader that ever lived
He mainly combined Time with Price and utilized Geomitric shapes
Read some of his work
He did not use any oscillators at all .......
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Now , while oscillators can definitely help to see trend
Most of the oscillators are lagging indicators
Why don't experienced traders who have heard his before , believe this ?
The only leading indicator is Candlsestick Formations
- Is a good candlestick threads around here in this forum ?
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lol an army of em eh! lol I play around with many indicators at times but do not rely on any "oscillators" or indicators.... the james 16 thread is great for price action IMO (candlesticks) just because i have indicator on my chart does not mean i trade with them...... gann sounds interesting have not learned any gann yet....hoping to learn many things from YOU!
Us Dollar
here is the Usd/Chf chart
price is flirting with this 50% retracenment line ( green color )
It doesnt matter what is being said in the News
it doesnt matter what any oscillator is saying
Price will either break through it - or stay below it
( the Gap is acting as an objective for price to reach )
--------------------------------------------------------------------
Of all the short-term charts in my possession ,
This the most valuable , at the moment
- Movement here will effect every major currency pair out there there
So I'm watch this closely .....
shhh !
---------------------------------------------------------------------
( Double click on chart to enlarge )
here is the Usd/Chf chart
price is flirting with this 50% retracenment line ( green color )
It doesnt matter what is being said in the News
it doesnt matter what any oscillator is saying
Price will either break through it - or stay below it
( the Gap is acting as an objective for price to reach )
--------------------------------------------------------------------
Of all the short-term charts in my possession ,
This the most valuable , at the moment
- Movement here will effect every major currency pair out there there
So I'm watch this closely .....
shhh !---------------------------------------------------------------------
( Double click on chart to enlarge )
lol an army of em eh! lol I play around with many indicators at times but do not rely on any "oscillators" or indicators.... the james 16 thread is great for price action IMO (candlesticks) just because i have indicator on my chart does not mean i trade with them...... gann sounds interesting have not learned any gann yet....hoping to learn many things from YOU!
- just when there are so many on 1 chart , it can be confusing
- #58,228
- Jan 9, 2008 11:25pm Jan 9, 2008 11:25pm
- Joined Nov 2007 | Status: Trader | 3,060 Posts
Us Dollar
here is the Usd/Chf chart
price is flirting with this 50% retracenment line ( green color )
It doesnt matter what is being said in the News
it doesnt matter what any oscillator is saying
Price will either break through it - or stay below it
( the Gap is acting as an objective for price to reach )
--------------------------------------------------------------------
Of all the short-term charts in my possesion ,
This the most valuable , at the moment
- Movement here will effect every major currency pair out there there
So I'm watch this closely .....
---------------------------------------------------------------------
( Double click on chart to enlarge )
love that chart... I am only just beginning to learn fibs... The only indicators I rely on are those designed by Tom Demark and only when candlsrics and PA confirm...... The reason i find them reliable is because I understand the thought(s) behind them because I read his books... his indicators are very much in sync with fibonacci numbers and s/r levels..also I read that many BIG institutions use them just like many institutions use fibonacci.... so to me they are not indicators but tools to see possiibilities .... they have helped me a lot....but I want to learn anything and everything that is useful and discard the rest of it...so i am open to criticism....matter of fact I like criticism its the only way to learn.....
I see in you chart there that you have 50 fib.... this is something i am now only beginning to learn..... nothing worthwhile is easy or quickly absorbed to me..... I try and I try to get better and then i fail and I try some more.... looking forward to learning from you a lot! thank you! 
- #58,231
- Jan 9, 2008 11:40pm Jan 9, 2008 11:40pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #58,234
- Jan 9, 2008 11:52pm Jan 9, 2008 11:52pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #58,235
- Jan 9, 2008 11:58pm Jan 9, 2008 11:58pm
- Joined Nov 2007 | Status: Trader | 3,060 Posts
Da 'goods
Go and download and see this video
http://www.pfxglobal.com/index.php?o...317&Itemid=150
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I am familiar with Tom Demarks work
He speaks of the markets making a 9 then creating an " intersection "
How come you don't post charts with the sequences on them in here ?
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3 reasons I dont usually....as u know the td seq is a trend reversal identifier..... it is NOT a signal by any means....but I have NEVER seen a trend reversal without a 9 or a 13 first....hmmmmmmmmm it becmes reliable in combination with other td methods only as td says in his book.... it becomes more reliable with more than one 9 or past 13 count...so...anyway
2. the version I have is NOT the origiinal and is not correct... (wish i had the original) it was made by an ff member and is a decent copy but fails to contain all of the td seq rules...so........
3. wouldnt want anyone mistaking ANTYHING I post as a signal and taking a trade and losing money....
but i will post from now on if u like.....
PS if you were a big instituion you COULD RELY ON TD SEQ 13 IF YOU COULD HANDLE THE DRAWDOWNS I THINK BUT NOT FOR US MEASLEY TRADERS
also i am still learning how to use the stuff in real time as its not as easy as it looks.... emotions lack of trust etc.... but her u can see an example a td 9 on uj...then a pinbar...now a td new trend with an arrow...but those td new trend just hit the upper part of its range..... its a combo of things but as it happens in real time its not so easy to trade...but i am getting better with experience.....
i will post it....
- #58,236
- Jan 9, 2008 11:59pm Jan 9, 2008 11:59pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...
- #58,240
- Jan 10, 2008 3:15am Jan 10, 2008 3:15am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
Discipline + Patience - Fear - Greed = Success