Dislikedi got that from bemac .. but this is forex... ill take my lumps and another point of view.. into account..this is what it should be about.. taken different views.. flags are pretty acurate.. im no expert cause pictures from books dont always agree with what the gurus say.. there is an art to it and im no artist..whatever way it goes not counting head fake it should be strong.. im still gonna use the lni... because of ma... it does bother me the gu is not weakening..Ignored
- #85,621
- Apr 14, 2009 6:29pm Apr 14, 2009 6:29pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
- #85,622
- Apr 14, 2009 6:32pm Apr 14, 2009 6:32pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
the BIG red and/or Green arrow to come latersit tight currently. OR if 20 pips is all ye want, goo north
Still short
Not all sins are created equal
- #85,623
- Apr 14, 2009 6:33pm Apr 14, 2009 6:33pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #85,624
- Apr 14, 2009 6:34pm Apr 14, 2009 6:34pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #85,625
- Apr 14, 2009 6:35pm Apr 14, 2009 6:35pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
- #85,626
- Apr 14, 2009 6:40pm Apr 14, 2009 6:40pm
- Joined Oct 2007 | Status: Pip Seer | 1,299 Posts
Welcome Jaywalker. May I suggest you visit http://www.babypips.com/
Pip what you see; See what you pip!
- #85,627
- Apr 14, 2009 6:43pm Apr 14, 2009 6:43pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
Who predicts things months out? Who does it, tell me who does ittt....
lol... there were peoples who had bought stock a decade ago, and today their ROI stands at a whopping 0%.
Nothing longer term here, but if you think 120-168 hours long term, dude ya are myopic.
Wonderful things happen to trades based on what may come apparent in a week or so.
I have held a trade for as long as a couple months and it did not disappoint.
No offense really to splendid M1 and M5 foot soldiers
lol... there were peoples who had bought stock a decade ago, and today their ROI stands at a whopping 0%.
Nothing longer term here, but if you think 120-168 hours long term, dude ya are myopic.
Wonderful things happen to trades based on what may come apparent in a week or so.
I have held a trade for as long as a couple months and it did not disappoint.
No offense really to splendid M1 and M5 foot soldiers
I think you know my take on long term predictions.
Hard enough most of the time to see the current live direction, let alone predict things months out.
Too many unkown variables to make it worth the time or effort.
Its all in the mind.
- #85,628
- Apr 14, 2009 6:48pm Apr 14, 2009 6:48pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
...lol... there were peoples who had bought stock a decade ago, and today their ROI stands at a whopping 0%.
. I just opened and tore off my 403(B) statement -8.7% for the quarter.The best thing is to gather your booty and head for the dark alley. Come back to explore new opportunity.
The Thief of Wall Street
- #85,629
- Apr 14, 2009 6:53pm Apr 14, 2009 6:53pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
yes my friend,
I can never and mark my words NEVER let some motley 20 something fresh business graduates manage my hard earned money and gamble it away..I would rather wake 2 hours early every morning and manage my own gig. Have done it succesfuly in past and hope to continue outperforming those jokers for years to come.
I can never and mark my words NEVER let some motley 20 something fresh business graduates manage my hard earned money and gamble it away..I would rather wake 2 hours early every morning and manage my own gig. Have done it succesfuly in past and hope to continue outperforming those jokers for years to come.
Very well said
The best thing is to gather your booty and head for the dark alley. Come back to explore new opportunity.
Its all in the mind.
- #85,630
- Apr 14, 2009 6:54pm Apr 14, 2009 6:54pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
Very well said
The best thing is to gather your booty and head for the dark alley. Come back to explore new opportunity.
booty in dark alleys will get you broke.
- #85,631
- Apr 14, 2009 7:01pm Apr 14, 2009 7:01pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #85,632
- Apr 14, 2009 7:01pm Apr 14, 2009 7:01pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
da hell booty in dark alleys will get 'em more than broke..lol esp in dark alleys of camden/newark..
Its all in the mind.
- #85,634
- Apr 14, 2009 7:04pm Apr 14, 2009 7:04pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Who predicts things months out? Who does it, tell me who does ittt....
lol... there were peoples who had bought stock a decade ago, and today their ROI stands at a whopping 0%.
Nothing longer term here, but if you think 120-168 hours long term, dude ya are myopic.
Wonderful things happen to trades based on what may come apparent in a week or so.
I have held a trade for as long as a couple months and it did not disappoint.
No offense really to splendid M1 and M5 foot soldiers
Used to trade 2 - 5 days out with Stocks sometimes longer Swing Trade Style, profitably I'll add, but I see no way to accurately do that on Forex.
Saying that just clicked on D1 on my normally M1 chart for the Euro, although it doesn't work quite as well as on a M1 chart it still works, scarey!!
D1 suggests Long on a pull back, SL @1.3070 Ouch!!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #85,635
- Apr 14, 2009 7:04pm Apr 14, 2009 7:04pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #85,637
- Apr 14, 2009 7:12pm Apr 14, 2009 7:12pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
Don't worry, I am at the other side of this loot chain
I don't care if your name is Chicky that's just wrong (another slang translation gone wrong)
- #85,638
- Apr 14, 2009 7:17pm Apr 14, 2009 7:17pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
someone told me if flag has more then 6 periods its a channel
Posted by Bemac when asked how he saw the difference between the two--> here
Funny, but I don't remember the subject of Time Frames ever coming up anywhere in that little discussion. On low TF's in ranging PA, you can find every pattern there is including encrypted messages from Aliens on how they plan to invade Earth and creatures with 3 heads and 7 shoulders, all indicating 200 pips to come, even if they're all sideways for the next 2 hours...
Regardless of the terminology someone uses, I try to remember that "Flags" imply a direction and "range" when they "breakout" ((length of the pole and all that)) and channels can be broken either direction depending on the PA signals you are able to correctly see and interpret.
Just a reminder to not get into a skewed mindset based on subtle inferences like the labeling of the thing... which can easily be totally incorrect based on someones skill level or eventually get invalidated by a technical aspect of PA at some point. But the initial expectation lingers....
For instance, "That there bear flag on the 5m chart is gonna break and go 300 pips South or I'm a Twinkie!!" instead of "That there channel on the 4hr chart may break following a rejection of the LTL and failure of the UTL and head for the next S/R level 300 pips North."
And some poor newbie is still underwater 3 days later waiting for that bear flag to break south...
Just sucked all that outa my thumb, so if you don't agree, don't worry about it. I don't listen to myself either.
FUBAR...
- #85,639
- Apr 14, 2009 7:20pm Apr 14, 2009 7:20pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
I hope we aren't talking about the same thing
(another slang translation gone wrong)
The Thief of Wall Street
- #85,640
- Apr 14, 2009 7:23pm Apr 14, 2009 7:23pm
- Joined Apr 2009 | Status: Technical Artist | 1,609 Posts
do you?
One man's taboo is another's pleasure lol
One man's taboo is another's pleasure lol
I hope we aren't talking about the same thing
(another slang translation gone wrong)
Its all in the mind.