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  • #47,201
  • Nov 26, 2008 11:04am Nov 26, 2008 11:04am
http://www.forexfactory.com/showthre...26#post2377226

posted link since post is too long. that guy is trippy in his analysis...i wouldnt trust him one bit
Different opinions highly valued, ignorant to slander.
  • #47,202
  • Nov 26, 2008 11:14am Nov 26, 2008 11:14am
Quoting SunTrader
EU breaking from corelation from equities, today, looks anything but indecisive.
good point.. i was looking at it as an anomoly.. and scratching my head.. but i guess it would take big money to do that seperation. so could be more of a major shift.. either way still looking for the right short entry and things dont quite feel right at the moment.

I notice ALG is calling for a return to 1.2960 ish before heading down.

standing aside for now and keeping my eyes open
  • #47,203
  • Nov 26, 2008 11:20am Nov 26, 2008 11:20am
Quoting psiholog
http://www.forexfactory.com/showthre...26#post2377226

posted link since post is too long. that guy is trippy in his analysis...i wouldnt trust him one bit
LOL
Feels weird when things start to lose their "complicationness", huh?
  • #47,204
  • Nov 26, 2008 11:24am Nov 26, 2008 11:24am
Quoting doblece
LOL
Feels weird when things start to lose their "complicationness", huh?
yes it does...i slept until just 30minutes ago...now...im buying with half a position on this possible retracement with 100pips profit in sight...at this rate though..it may take until the final hour of ny stock market session to reach that 1.2950 again...at which point the downtrend resumes....worth doing though as that provides the perfect shorting opportunity...good observation doblece
Different opinions highly valued, ignorant to slander.
  • #47,205
  • Nov 26, 2008 11:25am Nov 26, 2008 11:25am
Quoting psiholog
http://www.forexfactory.com/showthre...26#post2377226

posted link since post is too long. that guy is trippy in his analysis...i wouldnt trust him one bit
Good job psi!
Hope you profited from it!
  • #47,206
  • Nov 26, 2008 11:28am Nov 26, 2008 11:28am
Gisele Bundchen - Predictor of Currency Movements?

What happens when supermodels try to predict currency movements? This sounds like a B-movie theme, but in reality, a year ago, it was widely reported that supermodel Gisele Bundchen would only accept payment in Euros since the U.S. Dollar was "too weak."

I thought I'd revisit one year later and see how she stacked up against the old dollar for contracts she has entered during the past year. It turns out she didn't do to well and may do well to just stick to her core competency: looking good.

Of SUPERMODELS and FOREX:

Well, in the year ago period, she lost 12% on her foray into currencies. In the six month ago period, she lost 17%. While it was the "in" thing for the Hollywood elite and Axis of evil alike to trash the U.S. Dollar in 2007, it has proven its resilience this year in the face of a global credit crisis. Sadly, much of the current malaise was exported from our border via toxic mortgage derivatives, but we're sitting pretty nonetheless compared to other currencies.
  • #47,207
  • Nov 26, 2008 11:31am Nov 26, 2008 11:31am
Quoting SunTrader
Gisele Bundchen - Predictor of Currency Movements?

What happens when supermodels try to predict currency movements? This sounds like a B-movie theme, but in reality, a year ago, it was widely reported that supermodel Gisele Bundchen would only accept payment in Euros since the U.S. Dollar was "too weak."

I thought I'd revisit one year later and see how she stacked up against the old dollar for contracts she has...
i remember someone posting this maybe it was you when pa was still over 1.4...too amusing as shes a bright light
Different opinions highly valued, ignorant to slander.
  • #47,208
  • Nov 26, 2008 12:13pm Nov 26, 2008 12:13pm
a little better analysis given current pa and not a "prediction" from 10 hours ago.

the last big move up was from 1.28 to yesterdays high. since that point we have retraced all the way to 1.2820 or so. drawing fibs from the low to high and high to low...we see where areas of overlapping fibs are. The one worth noting the most is where the 50% almost overlap as it is the area that marks the high of the left shoulder of this possible h&s pattern. we could see retracement all the way to 61.8%(current high to low fibs) though which is around 1.2980. At that point we should start going downhill. H&S patterns rules say the average move after a neckline is broken is the distance from the tip of the head to the neckline. if 1.3080 is the top of the head and 1.2800 is the neckline...that means we should be back in the 1.2450 area before the week ends. This is all assuming we are seeying h&s ....a break back above 1.3000 would null all i just said. good pippin all

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Different opinions highly valued, ignorant to slander.
  • #47,209
  • Nov 26, 2008 12:14pm Nov 26, 2008 12:14pm
Quoting SunTrader
I don't hear from him (ignore list for his bigass charts and screaming font size) unless someone refers to him. So please don't quote his post.
add my please to sun's please... that's two please's.
FUBAR...
  • #47,210
  • Nov 26, 2008 12:41pm Nov 26, 2008 12:41pm
shampoo on the 2m chart!!! omg!! did i just say that??

short from 2893 in any event. i prefer to call it the top of the retracement..

gimme M1 or gimme a slap...
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FUBAR...
  • #47,211
  • Nov 26, 2008 12:53pm Nov 26, 2008 12:53pm
Quoting ak4x
shampoo on the 2m chart!!! omg!! did i just say that??

short from 2893 in any event. i prefer to call it the top of the retracement..

gimme M1 or gimme a slap...
really? any 2nd opinons? Psi???
  • #47,212
  • Nov 26, 2008 1:03pm Nov 26, 2008 1:03pm
Quoting Epipany
really? any 2nd opinons? Psi???

could very well be if you count 1.2885 as shoulderline and 1.2870 as neckline which means this should run down to 1.2845 area before further continuation up. This is a scalper move that i employ myself plenty...not at this time though..im looking for the bigger move. Currently im looking at the 5min chart and the triangle which has taken shape..with lower wall possibly expanding over time (possibly to 1.2845 area) before pa continues up in a smoother shape to 1.2950/60. This consolidation period is good in my larger analysis as if we ran up to 1.2950 now...the right shoulder would form too soon. Forex is a world of patterns within patterns...notice the right pattern at the right time..could be very profitable..depends what you look for really

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Different opinions highly valued, ignorant to slander.
  • #47,213
  • Nov 26, 2008 1:11pm Nov 26, 2008 1:11pm
Quoting psiholog
a little better analysis given current pa and not a "prediction" from 10 hours ago.
We're indeed on the same chart. "Null" included...
Thanks for saving me quite a bunch of keystrokes
(Who's hacking whose brain?)
  • #47,214
  • Nov 26, 2008 1:14pm Nov 26, 2008 1:14pm
Quoting psiholog
could very well be if you count 1.2885 as shoulderline and 1.2870 as neckline which means this should run down to 1.2845 area before further continuation up. This is a scalper move that i employ myself plenty...not at this time though..im looking for the bigger move. Currently im looking at the 5min chart and the triangle which has taken shape..with lower wall possibly expanding over time (possibly to 1.2845 area) before pa continues up in a smoother shape to 1.2950/60. This consolidation period is good in my larger analysis as if we ran up to 1.2950...
Thanks for the response. Im looking forward to H&S
Ps. I started reading "currency trading for dummies" in hopes to one day be a Psi, Ak4x, or Cobra on this forum...

btw what broker do you use?
  • #47,215
  • Nov 26, 2008 1:14pm Nov 26, 2008 1:14pm
A little while ago I got email "Limited Edition Barack Obama Coins" now available.

So I ordered a double set right away.

The more things change (that word) the more they stay the same. Scammers/spammers are like cockroaches. Can never get rid of them.

  • #47,216
  • Nov 26, 2008 1:23pm Nov 26, 2008 1:23pm
Quoting psiholog
...possibly to 1.2845 area
Which is 5 pips above my Quarter Pivot for that M1/S1 zone... and I'm not in a hurry.

Seriously, the whole head and shoulders/shampoo reversal thing was a joke just in case that wasn't clear. Altho i see them everywhere when price is ranging cuz they're a dime a dozen doesn't mean I post them or trade them as such. A retracement is a retracement... is a retracement.

I absolutley do trade them when scalping or range trading.
FUBAR...
  • #47,217
  • Nov 26, 2008 1:26pm Nov 26, 2008 1:26pm
Quoting Epipany
Ps. I started reading "currency trading for dummies" in hopes to one day be a Psi, Ak4x, or Cobra on this forum...
on no!! the secret is out how we got this way...
FUBAR...
  • #47,218
  • Nov 26, 2008 1:31pm Nov 26, 2008 1:31pm
Quoting SunTrader
A little while ago I got email "Limited Edition Barack Obama Coins" now available.
the new coin of the realm for the new and improved Obamanation currently being staffed by either clinton or bush reruns or couldawouldashouldabeens?

i think that movie is playing on late night cable somewhere... the nickleodian channel or something.
FUBAR...
  • #47,219
  • Nov 26, 2008 1:37pm Nov 26, 2008 1:37pm
Quoting ak4x
the new coin of the realm for the new and improved Obamanation currently being staffed by either clinton or bush reruns or couldawouldashouldabeens?

i think that movie is playing on late night cable somewhere... the nickleodian channel or something.
Here, I got one for you...
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  • #47,220
  • Nov 26, 2008 1:39pm Nov 26, 2008 1:39pm
Quoting Epipany
Thanks for the response. Im looking forward to H&S
Ps. I started reading "currency trading for dummies" in hopes to one day be a Psi, Ak4x, or Cobra on this forum...

btw what broker do you use?
there are a few names you have not mentioned. Doblece, Suntrader (who doesnt share too much, that greedy @#$$@#, lol just kidding) and Acumen(back before he left us for his big boy hedgefund bussiness).

I cant speak how they learned what they know but i will tell you about me...i have not read a single book...do not have a "mentor" or anything related. All i know i learned from watching pa for countless hours every day to the point where my strategy is pretty clear cut. The only thing i have improved on is giving names to the things i see which i learned in this forums to clearly explain my observations. Before this forum if you asked me what a flag or pennant was I would be clueless as to what that is but i could point out the pattern when i saw it. The latest addition to my vocabulary is the gaps i mentioned yesterday, whether they truly are gaps or not is beyond me but these small observations are a beneficial tool. Ak4x further elaborated that what I reffered to is "common gaps". The reason for saying all this is..to get to the point where you can clearly describe what you see..you must develop your own strategy that fits you best...im not so sure reading that book will help you too much.

As far as my broker goes...i use IBFX...i will eventually switch to a real broker like deutschebank as soon as my equity allows.
Different opinions highly valued, ignorant to slander.
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