actually this is a quite interesting way to look at market...i am sure somebody will surely come up with some triangle analysis...try this illusion triangles
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- #126,761
- Jul 30, 2009 12:15am Jul 30, 2009 12:15am
- | Membership Revoked | Joined Oct 2008 | 2,791 Posts
- #126,762
- Jul 30, 2009 12:15am Jul 30, 2009 12:15am
- Joined Jun 2009 | Status: Trader | 1,946 Posts
Hmmm, If you say so keep me updated, it's never to late to learn something new.
For now what its saying is that the more time goes on the more PA is going to be pushed just under 4000.
The next thing it tells me is that there is potential for a serious drop after that, but an unlikely one. Whenever it shows that kind of thing, price tends to fake twords that direction anyway, and then change its course, as it just did from 4300.
So that means it shows that there should be some good selling under 4000, maybe to about 3900, but PA will correct and then range just under 4000 for a few days. After that big selling to 3750.
- #126,764
- Jul 30, 2009 12:26am Jul 30, 2009 12:26am
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Yes, those ball charts have been publicated somewhere I remember them well, that's why I didn't add a 
.
Who knows what can be done with bubbles doing a serious research?
But: I until there I will trade S&R, pivots and Fibs.
.Who knows what can be done with bubbles doing a serious research?
But: I until there I will trade S&R, pivots and Fibs.
Now this is serious.
I believe it was in July or August 2008 when I met a trader who places one or two trades a pair in a year (yes, one trade per year). He does nothing but trading - all kind of markets. The system he uses is somewhat similar to what Steve has designed. This is one reason I advised him to work this technique on higher timeframes.
Coincidently, the PA when I met him was around 1.4300 and he asked me to put a short and forget about it for months. He was expecting parity between EUR and USD. After that EURO went down to below...
- #126,765
- Jul 30, 2009 12:30am Jul 30, 2009 12:30am
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Yes, those ball charts have been publicated somewhere I remember them well, that's why I didn't add a
Who knows what can be done with bubbles doing a serious research?
But: I until there I will trade S&R, pivots and Fibs.
The Thief of Wall Street
- #126,766
- Jul 30, 2009 12:32am Jul 30, 2009 12:32am
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- #126,769
- Jul 30, 2009 1:00am Jul 30, 2009 1:00am
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Waiting for price to flirt with 1.4100, then just need to see a price action signal to tell me when to go short.
- #126,772
- Jul 30, 2009 1:11am Jul 30, 2009 1:11am
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Not understand?better not follow my analyses!doubt clearer first, risks ++
- #126,774
- Jul 30, 2009 1:16am Jul 30, 2009 1:16am
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Up or down, gimme a ticket
- #126,775
- Jul 30, 2009 1:16am Jul 30, 2009 1:16am
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"If The Fool persists in his Folly he will become wise." - William Blake
- #126,776
- Jul 30, 2009 1:17am Jul 30, 2009 1:17am
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those who can, do. those who cant, talk about those who can
