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  • #141
  • Aug 24, 2008 8:44pm Aug 24, 2008 8:44pm
I have used monthly fibonacci to get a picture of what is actually happening.

But so far so good.
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  • #142
  • Aug 24, 2008 9:04pm Aug 24, 2008 9:04pm
Quoting Blue bottle
setup failed, pls ignore this chart..
Hi Fxlion,

could you pls teach me more on this as i could not catch you...if possible pls include some template file and explain...thanks brother...

the rest,

how do u all doing???/

Add info...we are forecasting Eur/Usd will go down further
  • #143
  • Aug 24, 2008 9:15pm Aug 24, 2008 9:15pm
Quoting mohan
Hi Fxlion,

could you pls teach me more on this as i could not catch you...if possible pls include some template file and explain...thanks brother...

the rest,

how do u all doing???/

Add info...we are forecasting Eur/Usd will go down further
refer to post #139
http://www.forexfactory.com/showpost.php?p=2181656&postcount=139
  • #144
  • Aug 24, 2008 10:05pm Aug 24, 2008 10:05pm
GJ continues to remain a short this week

GU also seems to favour 8020 level.
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  • #145
  • Aug 24, 2008 10:31pm Aug 24, 2008 10:31pm
GOLD
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  • #146
  • Aug 25, 2008 12:08am Aug 25, 2008 12:08am
Quoting forexlion
refer to post #139
http://www.forexfactory.com/showpost.php?p=2181656&postcount=139

Hi Fxlion...

is this right????

When both Bull and Shit are > 0 and Bull > Shit then BullShit is LONG
:-when bull and shit are more than "0" we can enter long trade...

When both Bull and Shit are < 0 and Bull > Shit then BullShit is SHORT
:- when bull and shit less than "0" we can enter short trade....

the other things what is the purpose of the indicators on top of the screen...
BULL, SHIT and Bullshit
  • #147
  • Aug 25, 2008 2:24am Aug 25, 2008 2:24am
Quoting mohan
Hi Fxlion...

is this right????

When both Bull and Shit are > 0 and Bull > Shit then BullShit is LONG
:-when bull and shit are more than "0" we can enter long trade...

When both Bull and Shit are < 0 and Bull > Shit then BullShit is SHORT
:- when bull and shit less than "0" we can enter short trade....

the other things what is the purpose of the indicators on top of the screen...
BULL, SHIT and Bullshit
Lets say the GJ pair is expressed in xxx.xx 2 places after decimal, and both bull and shit are expressed in 4 places after decimal.

So when on a higher timeframe of 15 min or higher, either of them tries to achieve 0 or even less than 0.00xx then there is a possibility of trend reversal.

bull is taking the buying strength into consideration and shit is taking the selling strength into consideration.

higher the values compared to 0, the stronger is the trend.

if one is > 0 and the other is < 0 then it means consolidation stage and bullshit gives "no signal"

they take the current candle of the current timeframe into consideration.

so it will work on any timeframe, for any currency.

to create the perfect bullshit.
  • #148
  • Aug 25, 2008 2:34am Aug 25, 2008 2:34am
hey FXLION on the 5M chart of EU your indicator shows BULLSHIT = LONG so do shud I go long immediately?
  • #149
  • Aug 25, 2008 3:20am Aug 25, 2008 3:20am
Quoting bksujal
hey FXLION on the 5M chart of EU your indicator shows BULLSHIT = LONG so do shud I go long immediately?
Disclaimer: USE AT YOUR OWN RISK. I will advise testing on demo first.
  • #150
  • Aug 25, 2008 8:20am Aug 25, 2008 8:20am
I will love to see the performance of bullshit 1 hour before existing home sales data on GBPUSD and during the news release on a 1 hour chart or lower.

I expect substantial movement.

My first expectation is for a strong dollar, but lets see what happens.

I will do the demo test on this news event.

Its a different matter that i am holding a short since the break of 8620 support with 8020 in mind.
  • #151
  • Aug 25, 2008 8:38am Aug 25, 2008 8:38am
Overall on 1 H, bullshit is a long, but for testing, i placed a short at 1.8529 with exit at 1.8520 and a buy limit at 1.8510

I should catch the spike if there is any, and it does look as if GU will try to get back to the yearly resistance of 1.8620 to provide us a lovely shorting later.

This is on demo, on ODL platform.
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  • #152
  • Aug 25, 2008 8:52am Aug 25, 2008 8:52am
Wow !!! when Mr. BullShit says somethjing he means it.
  • #153
  • Aug 25, 2008 10:37am Aug 25, 2008 10:37am
Quoting forexlion
Overall on 1 H, bullshit is a long, but for testing, i placed a short at 1.8529 with exit at 1.8520 and a buy limit at 1.8510

I should catch the spike if there is any, and it does look as if GU will try to get back to the yearly resistance of 1.8620 to provide us a lovely shorting later.

This is on demo, on ODL platform.
Test Passed !!

GU achieved the short on the spike and also the buy limit.

Long Live BullShit.
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  • #154
  • Aug 25, 2008 1:29pm Aug 25, 2008 1:29pm
forexlion..great thread for us indians to churn the mantra and get some pips going
  • #155
  • Aug 25, 2008 7:06pm Aug 25, 2008 7:06pm
Quoting forexlion
Wow !!! when Mr. BullShit says somethjing he means it.
Hi Fxlion....

big thanks to you man..

finally i able to catch the trend..just place order when BULLSHIT given signal i.e: long/short.

last night i was place an order for EUR/USD (30M) according to BULLSHIT...and it was achived the target.

How abt the rest...
  • #156
  • Aug 26, 2008 12:30am Aug 26, 2008 12:30am
Quoting mohan
Hi Fxlion....

big thanks to you man..

finally i able to catch the trend..just place order when BULLSHIT given signal i.e: long/short.

last night i was place an order for EUR/USD (30M) according to BULLSHIT...and it was achived the target.

How abt the rest...
Sorry guys,

I have exams next week, once it over i will it a give a try..

Thank u forexlion, for the indicator and keep this thread going..good job.
  • #157
  • Aug 26, 2008 3:58am Aug 26, 2008 3:58am
Hello all indian brothers hows trading on
GOOD DAY TO YOU ALL!

I am just following my simple trades adding shorts with each retrace on GJ and getting out when i see a low formed except for the trade that i hold short from 210 with target of 190 ...

GET GOING INDIANS!
  • #158
  • Aug 26, 2008 5:32am Aug 26, 2008 5:32am
Golden Memories

http://www.forexfactory.com/showpost.php?p=2170584&postcount=55

http://www.forexfactory.com/showpost.php?p=2170043&postcount=50

http://www.forexfactory.com/showpost.php?p=2170040&postcount=49
  • #159
  • Aug 26, 2008 11:06am Aug 26, 2008 11:06am
Quoting Simpleforex
Hello all indian brothers hows trading on
GOOD DAY TO YOU ALL!

I am just following my simple trades adding shorts with each retrace on GJ and getting out when i see a low formed except for the trade that i hold short from 210 with target of 190 ...

GET GOING INDIANS!
Congrats Simple, Good Job

I love your analysis.
  • #160
  • Aug 26, 2008 1:07pm Aug 26, 2008 1:07pm
Hello brothers ,
this one looks to me quite simple
i am waiting for a monthly close on this one to enter short
what do u think?
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