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  • #127,061
  • Jul 30, 2009 2:37pm Jul 30, 2009 2:37pm
Quoting stevefx
Oh no worries... My mind has been on circles only...
"Oh no worries" is on my list of famous Last Words...

Make sure you wear your tin foil hat if you keep on digging into this stuff. You're probably already being watched you know... by Them.

Attached Image
FUBAR...
  • #127,062
  • Jul 30, 2009 2:40pm Jul 30, 2009 2:40pm
Quoting stevefx
Ok then, here's the latest. Basically I combined Daily and 4hr analysis into one chart. So no more need for two charts. I then mapped out predicts into October.

Realize that after the Aug 14th predict, it gets kind of iffy, because I don't have recent enough price data to map the future circles with a great deal of certainty. But we'll see.
Hi Steve,

You may like to consider thses two ideas. But before that, I would like to mention that, to me, ak4x is one of the professional traders andt therefore his advises should be taken as such.

Now the first idea: You may like to select a pair with somewhat similar personality EUR/USD has, apply this this technique to historical period of time you know little about (i.e. apply retrospectively), let's say from Jan 2005 to Dec 2005 and compare your this backtest with actual results.

Second idea: You may like to flip application of your method (roll back from today to one year back) and see if results are near to actual.
The Thief of Wall Street
  • #127,063
  • Jul 30, 2009 2:48pm Jul 30, 2009 2:48pm
Quoting Chicky
Hi Steve... But before that, I would like to mention that, to me, ak4x is one of the professional traders and therefore his advises should be taken as such...
Abso lutely!!


At least don't violate Rule #1 and lose your hat.... Even little kids know that.

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FUBAR...
  • #127,064
  • Jul 30, 2009 2:51pm Jul 30, 2009 2:51pm
haha

http://www.sempanze.net/icerik/resimler/buyuk/18gp.jpg
  • #127,065
  • Jul 30, 2009 2:53pm Jul 30, 2009 2:53pm
Quoting ak4x
"Oh no worries" is on my list of famous Last Words...

Make sure you wear your tin foil hat if you keep on digging into this stuff. You're probably already being watched you know... by Them.

Attachment
lol. Yes, They are watching all of us with great amusement.
  • #127,066
  • Jul 30, 2009 2:53pm Jul 30, 2009 2:53pm
Now there's alota candle wick on these 4hrs. Appears trapped by it's own weight.
Topside down as well as bottom side up. Support @ 140 showed up as expected.
No doubt however that there's clear and present resistance outside this descending channel.
A move back between the red lines would put the 4100's back in play.
Yet again, the resistance is stiff (giggity giggity), so I don't see it yet.
I see more down and I see dead people (they were long yesterday from 142).

There's alot bearish about this display, until/unless the resistance is broken.

One notable item is the RSI climbing out of the basement.
If it could stay above 30 for a few more hours, there might be a chance for a retrace.
I just woundn't count on it yet. Not until some additional signs of strength break thru.

Holding shorts and tightening down stops. What else can you do ?
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  • #127,067
  • Jul 30, 2009 2:56pm Jul 30, 2009 2:56pm
Some interesting PA on daily that i thought i should post .. the upper trend line goes back from last summer all time high.. it may run up before it break down me think.. or continuation of the uptrend. look like a doji is forming on today candle which indicate indecision.
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"Simplicity is the ultimate sophistication" leonardo da vinci
  • #127,068
  • Jul 30, 2009 3:00pm Jul 30, 2009 3:00pm
Quoting Chicky
Hi Steve,

You may like to consider thses two ideas. But before that, I would like to mention that, to me, ak4x is one of the professional traders andt therefore his advises should be taken as such.

Now the first idea: You may like to select a pair with somewhat similar personality EUR/USD has, apply this this technique to historical period of time you know little about (i.e. apply retrospectively), let's say from Jan 2005 to Dec 2005 and compare your this backtest with actual results.

Second idea: You may like to flip application of your method...
Hi Chicky, thanks for the advice. Those things might work. I think I'll probably learn the most though by trying apply these ideas to the present
and as actual price unrolls see what went wrong where, and why. I'll be able to tune it as I am able to see what kind of results I get. It may be that its only possible for it to be relatively accurate a couple of weeks in advance, for example. Thats the kind of stuff I'm interested in learning about. Though checking with backdata would be interesting. I'll see where I can get some cheap.
  • #127,069
  • Jul 30, 2009 3:00pm Jul 30, 2009 3:00pm
The pivot point did the job today.

Bulls tried but without success.

Love those pivots.

m

PS - Chart is self explanatory. By the way... the chart should read... I'd SAY. I don't have a speech impediment... just a shitty keyboard.
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  • #127,070
  • Jul 30, 2009 3:02pm Jul 30, 2009 3:02pm
Quoting SpecialEd
Stevefx,

I was the guy who said, "you could always go back to meterology" if those patterns didn't work for Forex. I was only kidding because your analysis sounded very similar to something a weatherman would say looking at those "clouds"/circles.

I think most everyone on here appreciates creative thinking, and EVERYONE'S looking for the holy grail. When time's slow like this, like you say, it's a good time to let us see your latest. More time to review, digest and try to understand.

As I said last night, it was too much on the screen...
Thanks for the encouragement! Good luck to you also-
  • #127,071
  • Jul 30, 2009 3:06pm Jul 30, 2009 3:06pm
Quoting acumen
The pivot point did the job today.

Bulls tried but without success.

Love those pivots.

m

PS - Chart is self explanatory. By the way... the chart should read... I'd SAY. I don't have a speech impediment... just a shitty keyboard.
20 SMA(aka middle bb) is just a few pips below the pp too.
  • #127,072
  • Jul 30, 2009 3:10pm Jul 30, 2009 3:10pm
Quoting acumen
The pivot point did the job today.

Bulls tried but without success.

Love those pivots.

m

PS - Chart is self explanatory. By the way... the chart should read... I'd SAY. I don't have a speech impediment... just a shitty keyboard.
Not only did PA heed well the main pivot today (M30), but I see a number of indications why PA should start behaving bearishly (Daily).
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  • #127,073
  • Jul 30, 2009 3:12pm Jul 30, 2009 3:12pm
Quoting acumen
Love those pivots...

I don't have a speech impediment... just a shitty keyboard.
Yeah, if it's like mine, it's full of all kinds of foreign liquids containing all kinds of things from really old cream and sugar to wine and beer and hot sauce getting down into it from "back in the day" a'rd here when I had to keep a squeegee next to the monitor to see the PA.

I kinda miss old turvo putting a different spin on the news from time to time..
FUBAR...
  • #127,074
  • Jul 30, 2009 3:12pm Jul 30, 2009 3:12pm
This WILL happen, if you start trading under-capitalized.

Thanks Optimum for this great pic.

Quoting Optimum
haha

http://www.sempanze.net/icerik/resimler/buyuk/18gp.jpg
The Thief of Wall Street
  • #127,075
  • Jul 30, 2009 3:15pm Jul 30, 2009 3:15pm
Quoting ak4x
Abso lutely!!


At least don't violate Rule #1 and lose your hat.... Even little kids know that.

Attachment
Oooooooooops. I thought you were away.
The Thief of Wall Street
  • #127,076
  • Jul 30, 2009 3:22pm Jul 30, 2009 3:22pm
Quoting Chicky
Oooooooooops. I thought you were away.
I am away. Just not gone. Never Gone... ((altho some wish that were otherwise I'm sure... ))

Staying out for awhile until I see something I really like tho. Haven't had a real trade in a couple weeks weeks now. Part of my "morphing process".

Also rebuilding the puter and fixing stuff for friends and enemies. Dog Days of summer and that sort of thing...

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FUBAR...
  • #127,077
  • Jul 30, 2009 3:36pm Jul 30, 2009 3:36pm
Well this were my observations about this "Pattern"....Iīm a newbie and have not much experience maybe, this observations have been already made years ago and have already names..I really donīt know but this is just to make you understand why I answered Stevefxīs post. I got some other charts but I donīt think this is such an important thing...
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  • #127,078
  • Jul 30, 2009 3:37pm Jul 30, 2009 3:37pm
Sticking my neck out here by "suggesting", but this M15 chart showing standard Bollinger band is pinched....and with fib extensions applied to the pinch span.....shows a -424% FE target around 1.3961. This is in the area of today's S2 = 1.3968 (no telling what S2 will be when day flips over), and co-incidentally it is a nice 100 pips down from current PA. That would be a nice run for the asian session....
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  • #127,079
  • Jul 30, 2009 3:54pm Jul 30, 2009 3:54pm
Quoting traderathome
Sticking my neck out here by "suggesting", but this M15 chart showing standard Bollinger band is pinched....and with fib extensions applied to the pinch span.....shows a -424% FE target around 1.3961. This is in the area of today's S2 = 1.3968 (no telling what S2 will be when day flips over), and co-incidentally it is a nice 100 pips down from current PA. That would be a nice run for the asian session....
What kind of line do you have there, is it Moving average? Or is it some indicator? Turns green/red when crossed.
cut losses short, let profits run.
  • #127,080
  • Jul 30, 2009 4:01pm Jul 30, 2009 4:01pm
Quoting acumen
The pivot point did the job today.

Bulls tried but without success.

Love those pivots.
Hi ace,

Jhig has started a new thread re: trading off of pivots.

(Here's where I should post a link to his thread but I don't know how.)

He says:

- E/U obeys DP sometimes, but U/J and E/G do it much better.
- He say he doesn't use a chart & can trade off the pivots just from a price feed. Says charts can "cloud the mind". I thought that was kinda cool. Took a minute for it to sink in thru the clouds.

Anyway, if I had any doubts about the DP's effect on pa, then they are gone today. Thanks for bangin that drum.
"If The Fool persists in his Folly he will become wise." - William Blake
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