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I'd rather make money than be right. 
- #1,181
- Jul 17, 2009 7:59am Jul 17, 2009 7:59am
- | Joined May 2009 | Status: Focus + Patience = Pip$ | 1,513 Posts
- #1,183
- Jul 17, 2009 8:05am Jul 17, 2009 8:05am
- Joined Jun 2009 | Status: Trader | 2,430 Posts
I was very convinced that uptrend will continue today. And I still think that today's drop in prices is only a retracement. All pairs are making efforts to rise back to the previous level.
I think IMF was very much guilty of what happened today with GU. And this influenced also the other pairs.
Like I have said before: this market has not got good nerves and very often needs more psychiatrists than mathematicians
One only report does not mean anything in real life or in real economy, here at Forex market it still moves things up and down. Stupid, in fact
I think IMF was very much guilty of what happened today with GU. And this influenced also the other pairs.
Like I have said before: this market has not got good nerves and very often needs more psychiatrists than mathematicians
One only report does not mean anything in real life or in real economy, here at Forex market it still moves things up and down. Stupid, in fact
- #1,184
- Jul 17, 2009 8:15am Jul 17, 2009 8:15am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Hey 4x,
Precisely!
Update to Euro/Dollar.
TP hit(only after C4 went hot)
on the sky every min. pumps up here and there
lolIt's like trading Pink Sheet pump and dump stock.. I think
better to stay off the Market on Friday.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #1,186
- Jul 17, 2009 8:22am Jul 17, 2009 8:22am
- Joined Jan 2007 | Status: Feed The Piggy With Pips! | 1,733 Posts
Dude, this thing are flying allover the place. Your starts like
on the sky every min. pumps up here and there
It's like trading Pink Sheet pump and dump stock.. I think
better to stay off the Market on Friday.
2) I have to admit, after the last couple of days of seeing good trades and being profitable, I got my @$$ handed to me today being caught short gu and ej when that rally happened. Very embarassing and humbling. Not a good way to finish the week.
Hope no one else had that problem! See ya next week!
- #1,187
- Jul 17, 2009 8:24am Jul 17, 2009 8:24am
- | Membership Revoked | Joined Apr 2009 | 1,202 Posts
Hey 4x,
Precisely!
I use it with C4 though.
Price Action just gives us an indication of where price needs to be at some point in time.
ie. someone/something "big" needs price here or there for a whole host of reasons.
Update to Euro/Dollar.
TP hit(only after C4 went hot)
Is taylor made for higher TF trading by design, but has some versatility to it.
'Red' stars are the only thing C4 will really integrate. You can leave the indi as per default of make the other colored stars the same as your chart background, as you wish.
Have been looking at it a bit myself and thanks Jacson!!!!!!!!
I find it VERY useful as it augments the 'less is more' concept. This thing is not usually going to provide 30 pip trade targets. Look at it closely. It seems to be a larger lot size, less pip target that is hit pretty damn often.
For example, as a 'red' star appears on a long move, I wait until the next long presents itself. If the target star is within 10 pips of the new signal, I go for that star. Might be wrong but that is how I am incorporating it into the method.
Opposite for a short.
Jacson, please advise if off track.
Regards.
- #1,190
- Jul 17, 2009 8:31am Jul 17, 2009 8:31am
This is a fine indi as Jacson has indicated.
Is taylor made for higher TF trading by design, but has some versatility to it.
'Red' stars are the only thing C4 will really integrate. You can leave the indi as per default of make the other colored stars the same as your chart background, as you wish.
Have been looking at it a bit myself and thanks Jacson!!!!!!!!
I find it VERY useful as it augments the 'less is more' concept. This thing is not usually going to provide 30 pip trade targets. Look at it closely. It seems to be a larger...
Precisely!
Thanks for the kind words by the way.
I hope the indi helps a few.
Have a great Friday,
J
This is a fine indi as Jacson has indicated.
Is taylor made for higher TF trading by design, but has some versatility to it.
'Red' stars are the only thing C4 will really integrate. You can leave the indi as per default of make the other colored stars the same as your chart background, as you wish.
Have been looking at it a bit myself and thanks Jacson!!!!!!!!
I find it VERY useful as it augments the 'less is more' concept. This thing is not usually going to provide 30 pip trade targets. Look at it closely. It seems to be a larger...
Both indicators shows some japanese candlestick formations, nothing more!
The red star shows a bullish or bearish outside bar (higher high / low) as the candle before. So do the other stars, eg. pinbar.
In my opinion it is only luck when this is the target, cause this is not the sense of the indicator.
But when someone has success with this, why not.
- #1,194
- Jul 17, 2009 8:45am Jul 17, 2009 8:45am
- | Joined May 2009 | Status: Focus + Patience = Pip$ | 1,513 Posts
*******************
I'd rather make money than be right.
