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  • #45,461
  • Nov 14, 2008 9:35am Nov 14, 2008 9:35am
Quoting dwildes
Congrats to hear you are back from your losses!
Good to clear the head and re-enter strong later. Best tactic to do IMO.
Thanks.

I had a case of irrational exhuberance yesterday. It had been a profitable morning and a foolish afternoon. But hey, I suffer from irrationality from time to time. .... well I suffer from it more than I should
Redefining Reality
  • #45,462
  • Nov 14, 2008 9:44am Nov 14, 2008 9:44am
So, ak4x, your indicator says it goes to 1.45xx? Everybody long please!!!
  • #45,463
  • Nov 14, 2008 9:49am Nov 14, 2008 9:49am
Quoting ak4x
i have this great new indicator.
I've got one since a week or so, he is called pipsy and picking my ofiice window less than 5 times is short, more than 10 is long and between 5 and 10 is stand on the side.
He comes every once a while during a day, for exchange I give him some corn. I still have problems with backtesting.


Sorry took one foto away (too wide) and will get kicked in the a$$, lol
Attached Image
  • #45,464
  • Nov 14, 2008 9:54am Nov 14, 2008 9:54am
Who is good with flag patterns?
Is that a bullish flag pattern I see on the H1?
  • #45,465
  • Nov 14, 2008 9:56am Nov 14, 2008 9:56am
Quoting ak4x
i have this great new indicator. it is guaranteed to hit profit every time. it even presses the button for you.

accuracy is 100% and all you have to do is sit there and watch the pips roll in. the charts are fantastic and will reveal hidden secrets from ancient sumerian and chaldean civilaztions the big boys don't want you to know!!

best part is there are no rules, and you can do what you want. here is a screenshot of the system in action....

right before my computer exploded...

woww.. is that rainbow?
.. are u painter ? realism or abstratism ?
  • #45,466
  • Nov 14, 2008 9:56am Nov 14, 2008 9:56am
shorted the top of the 5m tl (EJ / EU) and got 71 and 52 pips in a'rd a half hour. ej chart looks the same.

2 almost identical trades , no indicators, no squiggles, just know the pair, know the trend and draw a single line on one tf, pick a conservative but realistic target and trade it.

this is a nobrainer system. let's see how many PM's I get for the indicators and stuff. of course knowin the pair and knowin the trend will take some thought..

sounds like i've got some angst goin on this morning or something...
Attached Images
FUBAR...
  • #45,467
  • Nov 14, 2008 9:59am Nov 14, 2008 9:59am
Quoting dwildes
Who is good with flag patterns?
Is that a bullish flag pattern I see on the H1?
Kinda but I don't see it playing out to be honest.
That big spike up yesterday was just to drive price back up to the trend line before another big move down. Check the daily chart and see how it touched the underside of that support line perfectly.
Attached Image
  • #45,468
  • Nov 14, 2008 9:59am Nov 14, 2008 9:59am
Quoting ak4x
i have this great new indicator..... (snip)

....right before my computer exploded...
Now that's ART.
  • #45,469
  • Nov 14, 2008 10:03am Nov 14, 2008 10:03am
Possible shampoo (H&S) on 5M, I'm out for the weekend, only watching.

Bigandrich, see your PM.
  • #45,470
  • Nov 14, 2008 10:03am Nov 14, 2008 10:03am
Quoting Jack Herer
hi, where can I find this indicator? Only found other types of fractal indicators but not the one you are using

thanks!
See attached.
Attached File(s)
File Type: ex4 Support and Resistance.ex4   2 KB | 287 downloads
Up or down, gimme a ticket
  • #45,471
  • Nov 14, 2008 10:03am Nov 14, 2008 10:03am
Quoting andys0506
Kinda but I don't see it playing out to be honest.
That big spike up yesterday was just to drive price back up to the trend line before another big move down. Check the daily chart and see how it touched the underside of that support line perfectly.
I'm not so sure. It's providing all the characteristics. Sure it's trickled down since the spike up, but nothing strong. Isn't that how it works - consolidation, then continuation?
  • #45,472
  • Nov 14, 2008 10:03am Nov 14, 2008 10:03am
Quoting cobraforex
I've got one since a week or so, he is called pipsy
Hey thanks!
Just saved it to my experts folder
  • #45,473
  • Nov 14, 2008 10:05am Nov 14, 2008 10:05am
Quoting cobraforex
Good day, everybody in green pips?

Took off yesterday night to have a break and dicided to extend it till sunday, too many screenhours this week.

Algirdas again was pretty good with his buy call near 1.259x, almost came to that point in a spike, congrats ALG.

Have a nice weekend all.
Hello Cobra,

Slow day. little green pips.
Up or down, gimme a ticket
  • #45,474
  • Edited 10:37am Nov 14, 2008 10:06am | Edited 10:37am
shorted EJ/EU at the top of the 5m tl (GY chart) and got 71 pips and 52 in a'rd a half hour.

2 trades almost identical, no indicators, no squiggles, just know the pair, know the trend and draw a single line on one tf, pick a conservative but realistic target and trade it.

this is a nobrainer system. let's see how many PM's I get for the indicators and stuff.

ADDED: posted the wrong chart for the wrong trade somehow... too many euro thingys flyin a'rd here. that's my clue to knock off and go find breakfast. just disregard this whole post..i entered on some tl somehwere, but can't find it now. that's scary actually... talk about no brains...

ADDED AGAIN: figured it out once I tracked down the right TF... bad post on my part but got confused. GY doubletapped the 5m TL and I entered (EU/EJ trades) off the 1m chart (on the close of the second GY 1m failure candle). Makes sense to me now, but not to anyone else I'm sure. That's how I've mostly been trading eu/ej for a few weeks now, but I shouldn't have posted anything like that. my bad.

My only point remains...It really was single trendline tap only entry however, just across different pairs. Thought I was losin it for a second..
Attached Images
FUBAR...
  • #45,475
  • Nov 14, 2008 10:19am Nov 14, 2008 10:19am
Quoting SpecialEd
Hello Cobra,

Slow day. little green pips.
Yeah looks like I didn't miss too much, I'm still furious for missing the big rally yesterday because of a damn package of cigarettes.
  • #45,476
  • Nov 14, 2008 10:21am Nov 14, 2008 10:21am
Quoting cobraforex
Yeah looks like I didn't miss too much, I'm still furious for missing the big rally yesterday because of a damn package of cigarettes.
One of the most expensive pack of cigarettes you've probably purchased.
  • #45,477
  • Nov 14, 2008 10:37am Nov 14, 2008 10:37am
uuuhhh..very sleepy ..
is this continuation flag .. is gonna north??
i think is not very long time to know..it gonna breakout soon..
but my eyes cannot open anymore..
well, coz today very good day ..i 'll make my last pending order for today:
buy @ 1.2640
S/L @ 1.2625
T/P @ 1.2785

lets see what happen 2morrow. g'night every one

http://img80.imageshack.us/img80/3479/euroyc0.jpg
By sed8
http://www.forexfactory.com/%5BURL=h...sed8%5B/URL%5D
  • #45,478
  • Nov 14, 2008 10:37am Nov 14, 2008 10:37am
I start to use this kind of chart few time ago, but look this Daily chart.
If the Bottom of today will be 1.2614, I think the image is telling us what will happen.

Watch Out!
Attached Image (click to enlarge)
Click to Enlarge Name: h4b6e.gif Size: 38 KB
  • #45,479
  • Nov 14, 2008 10:38am Nov 14, 2008 10:38am
Looks like flag pattern is broken upside, next maybe triangle formation and then ride up in green channel...
Attached Image (click to enlarge)
Click to Enlarge Name: 2008-11-14_1730_EU.png Size: 43 KB
  • #45,480
  • Nov 14, 2008 10:39am Nov 14, 2008 10:39am
I think US equities are telling us watch out!! Downnnn.
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