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Popee83 System

  • #101
  • Jun 10, 2009 6:26am Jun 10, 2009 6:26am
T2 on gbp/usd hit... good luck to all who will target T3 .... i need some air now .. perhaps listen to some Katy Perry .....

Euro/usd also closing in on T2 ... wont over trade too ...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #102
  • Jun 10, 2009 7:38am Jun 10, 2009 7:38am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Thanks for the response popee83, and tracom. Yes, the chart you presented was exactly i was refring to. Coral is a very valid indicator in scalping. it represents change of trend on the relevant timeframe.

For instance now it says time for trend to change back to green soon, i think.

thanks
ams
  • #103
  • Jun 10, 2009 7:58am Jun 10, 2009 7:58am
But am out for now .......
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #104
  • Jun 10, 2009 7:59am Jun 10, 2009 7:59am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
market seems sideways on GU.....may be it's time for US open..
  • #105
  • Jun 10, 2009 8:03am Jun 10, 2009 8:03am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
yup, seems good to be out for now popee83 as traders usually prefer london time before US starts killing by tossing DJIX down up-down like a rubber ball :-)
  • #106
  • Jun 10, 2009 8:34am Jun 10, 2009 8:34am
Hey ams,

Oil has it new highs, above 71 ... bouy ... bet my theory is paying up ... CNBC guyz say sky is the limit ... some guyz in Kenya have started to included oil in their portfolio too.Talk is outrageous .. breaking of last years 150!

Gold too made a significant leap too ... I told you man ... gold and crude .. the only commodities that are glittering ..crude is called "black gold or liquid gold" down here....

I told you man .. this is my take: Socialist policies and massive government spending in the states could lead to heavy hyperinflation, sending prices through the roof and the value of the dollar through the floor.

And heard from Russia lately, bid to get into IMF safe havens and dump US treasuries ..... lol ...

The dollar is really under siege .. from all corners ... The US economy recovery is closing in swiftly .... but housing and NFP should still lag on ...


What's your take ... anybody else feel free to participate in debates ... I believe the mkts are being puppeteered.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #107
  • Jun 10, 2009 8:48am Jun 10, 2009 8:48am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I know that dollar shorting is on the cards but think for a moment about countries like china, japan and germany what will happen to them if dollar is on the floor they will literally die being exporting nations and for their own sake they will not let this happen.

US is the biggest importer in the world for these guys and I am sure that oil and gold could go up as they don't effect anyone much in a day to day life but give only benefit to jobs etc but currencies will be stable one way or another interest rate hikes or manipulation etc. It doesn't matter what people are showing, reality in politics is different always. It's like the teeth of elephant don't use the one it shows.

Imagine US producing it's own goods and all 3 major players not exporting to the US, where will they go???????
They have to buy US$ for their own sake even super currency will not save them from this if US stops buying, afterall super currency will have the super strength as well !!

If US starts producing it's own stuff, everyone is stuffed :-)


ams



Quoting Popee83
Hey ams,

Oil has it new highs, above 71 ... bouy ... bet my theory is paying up ... CNBC guyz say sky is the limit ... some guyz in Kenya have started to included oil in their portfolio too.Talk is outrageous .. breaking of last years 150!

Gold too made a significant leap too ... I told you man...
  • #108
  • Jun 10, 2009 9:07am Jun 10, 2009 9:07am
You are good ... and I like your perspective ... i guess the G20 league will start alienating the dollar slowly by slowly ... as they are doing now ... but it's a wait and see situation .. the politicians know better but they are not letting us in on their take .. genuinely ...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #109
  • Jun 10, 2009 9:26am Jun 10, 2009 9:26am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I think the future for US is to become a trader. They have blackmailed rest of the world for years being supreme importers but this time they might play diff as countries are rebelling. They might become traders of commodities like gold, oil and copper zinc or any other commo so atleast they can control them and play by diffrent rules even if IMF is involved. Mind you that IMF consist of wealthy nations which includes 3 major exporting countries :-) I would by gold and oil contracts for sure.

I beileve in g7 still rest are struggling economies...


ams




Quoting Popee83
You are good ... and I like your perspective ... i guess the G20 league will start alienating the dollar slowly by slowly ... as they are doing now ... but it's a wait and see situation .. the politicians know better but they are not letting us in on their take .. genuinely ...
  • #110
  • Jun 10, 2009 9:49am Jun 10, 2009 9:49am
Hello Pop and Tracom,

I now have your system loaded. Looks busy but interesting/informative. Will fool around with it the next 12 hours or so. Not optimum trading time, I know, but I am in down mode as we leave for 4 day weekend tomorrow afternoon. I live on east coast of USA, GMT-4 hours (EDT).

First question - Popee, how I see what you say about the dots, arrows and cog, and I see that M-Fib is usually based on yesterday's high and low, right? How does this system help you project tops, bottoms and, more importantly, tomorrow high/lows? Not sure where you're getting that on this chart, but maybe you use other tools for that.

Thanks again. I will play with it, and hopefully catch some PIPs.

Ed
Up or down, gimme a ticket
  • #111
  • Jun 10, 2009 9:50am Jun 10, 2009 9:50am
I read through the thread again and noticed the use of the following terms.

zig and zag white dot
fib cluster S

Can anyone explain how to use them in this system?

Also I noticed the following seems to be very powerful when reviewing the GBP/USD and EUR/USD pair.

"at the m5, enter only when the yellow arrow points down and the blue hollow arrow points up. Exit when shi -red/blue dot shows"

I'll need to observed this carefully on my chart more often.

Thanx
  • #112
  • Jun 10, 2009 9:51am Jun 10, 2009 9:51am
We may have already caught all the action for today, who knows - but here is a chart for Pop and Tracom to check me out on. Do I appear to have everything loaded properly?

Thanks,
Ed

P.S. That manual will come in handy. There is a lot here.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 24 KB
Up or down, gimme a ticket
  • #113
  • Jun 10, 2009 9:54am Jun 10, 2009 9:54am
Missed out on a good south on the euro/usd as well as the gbp/usd ... too bad I was already out. ...had any lack with that ride -or you were already out too? .. was a nice scalp opportunity for both m5 and m15 Tf ... yellow sidus faced south for a deep correction ....lol ....

But we cannot be greedy ... , bad e.g to the new guys ...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #114
  • Jun 10, 2009 9:58am Jun 10, 2009 9:58am
Yes all seems well on your chart ... just asking tho' you had the deep right on your face .... have you scalped it? ... that is your m5 chart i believe ...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #115
  • Jun 10, 2009 10:05am Jun 10, 2009 10:05am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Fortunately I made some pips following both thv and your template!!
I also follow dj for the direction as after US opens all relates to the dow.

ams


Quoting Popee83
Missed out on a good south on the euro/usd as well as the gbp/usd ... too bad I was already out. ...had any lack with that ride -or you were already out too? .. was a nice scalp opportunity for both m5 and m15 Tf ... yellow sidus faced south for a deep correction ....lol ....

But we cannot be greedy ... , bad e.g to the new guys ...
  • #116
  • Jun 10, 2009 10:05am Jun 10, 2009 10:05am
Quoting Popee83
Yes all seems well on your chart ... just asking tho' you had the deep right on your face .... have you scalped it? ... that is your m5 chart i believe ...
Have not made a trade with it yet. Probably want to be on M15 TF, huh? What TF do you usually use with this?
Up or down, gimme a ticket
  • #117
  • Jun 10, 2009 10:29am Jun 10, 2009 10:29am
S.ED , I use the m15 tf for refence and then scalp the m5 Tf sidus only. When the COG directions are conflicting ... I tread carefully .. but when the two Tf COGs are in tandem ... I go for the targets .. thats how I do my scalp.

Write now ... both m5 and m15 COG in tandem ... so, we look out for a retest of our supports - check out my 10-06-09 projections for Targets and Supports.... euro/usd has hit 1st support(yesterday's cluster) at 50.0 fib .. now waiting for a breach towards the 23.6 ... and i jump in ...lol ..the deep has good potential ..

Tracom is away ... missed out too .... .. mkt seems to be stalling .. so i'll waiting for a 40 pip breach ... then I jump in ....
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #118
  • Jun 10, 2009 10:55am Jun 10, 2009 10:55am
Quoting Popee83

Write now ... both m5 and m15 COG in tandem ... so, we look out for a retest of our supports - check out my 10-06-09 projections for Targets and Supports.... euro/usd has hit 1st support(yesterday's cluster) at 50.0 fib .. now waiting for a breach towards the 23.6 ... and i jump in ...lol ..the deep has good potential ..
I can see that M5 and M15 COG is in tandem. Also Coral is pointing down. Is this something you'll read as the signal that it will retrace deeper hence the potential to breach 23.6 later?

Thanx
  • #119
  • Jun 10, 2009 11:07am Jun 10, 2009 11:07am
Hi, DOVO.. .. pardon me .. I will post the manual later today with all scalping instructions .. starting with rookies Part 1.

as of now, my platform is frozen ..lol , trying to get it running ....
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #120
  • Jun 10, 2009 11:09am Jun 10, 2009 11:09am
Yea I missed it, downward move appears to be running out of steam.
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