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  • #148,601
  • Oct 1, 2009 9:27pm Oct 1, 2009 9:27pm
Quoting Spsantos
Another catch;

There are tons of methods, DIBS and others that proved profitable in certain market conditions, in its time, the point is that there isn't a method that's continously profitable under any market conditions (there are some neural attempts, but we're early in those stages).

So the point is that every method (DIBS included) is profitable when used in the right market conditions, it's up to the trader to decide in what market condition he's in!

Bottom line is, no holy grail yet!

Choose the right weapon to fight the...
give The Koala System a chance too come on !
  • #148,602
  • Oct 1, 2009 9:29pm Oct 1, 2009 9:29pm
what do you guys think of the head and shoulders? 1.4500 seems to be strong support.
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Click to Enlarge Name: eurusd.GIF Size: 37 KB
  • #148,603
  • Oct 1, 2009 9:37pm Oct 1, 2009 9:37pm
sed34, there's a lot of down pressure imho. If 1.4500 breaks (under high volume) 1.4480 - 1.4460 should be the next step.

Watching PA in these key levels is the key imho.

Also, we're in a Friday.
Traders are smartasses
  • #148,604
  • Oct 1, 2009 9:38pm Oct 1, 2009 9:38pm
Quoting sed34
what do you guys think of the head and shoulders? 1.4500 seems to be strong support.
After head and shoulders comes knees and toes.
Not all sins are created equal
  • #148,605
  • Oct 1, 2009 9:42pm Oct 1, 2009 9:42pm
Has anyone tried to call Jays phone number? Im afraid to do it
ok Friendo? This is madness!?!? - THIS, IS, FOREX!!!
  • #148,606
  • Oct 1, 2009 9:44pm Oct 1, 2009 9:44pm
Quoting Jay Walker
After head and shoulders comes knees and toes.
you guys keep things lively in here.
  • #148,607
  • Oct 1, 2009 9:46pm Oct 1, 2009 9:46pm
it is an easy game now.. n00b can say where it is going...
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 12 KB
  • #148,608
  • Oct 1, 2009 9:46pm Oct 1, 2009 9:46pm
Quoting Liger86
Has anyone tried to call Jays phone number? Im afraid to do it
It will go to voicemail right now. But it is my real number.
Not all sins are created equal
  • #148,609
  • Oct 1, 2009 9:52pm Oct 1, 2009 9:52pm
Quoting Jay Walker
What do you mean Fool?
#147961

Looks like another dead end for her/him/whoever. Had a cool pic of Che with a big cigar in his puss. Didn't fool Fool for a minute....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #148,610
  • Oct 1, 2009 10:08pm Oct 1, 2009 10:08pm
most candles noth now 4 hour looking especially strong ...
  • #148,611
  • Oct 1, 2009 10:13pm Oct 1, 2009 10:13pm
with nfp around the corner, i am doublely cautious
  • #148,612
  • Oct 1, 2009 10:16pm Oct 1, 2009 10:16pm
When I look at dailyfx homepage, they have the countdown timer for the NFP and it says "Expected: -175k". How do you interpret this?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #148,613
  • Oct 1, 2009 10:23pm Oct 1, 2009 10:23pm
Quoting realjumper
When I look at dailyfx homepage, they have the countdown timer for the NFP and it says "Expected: -175k". How do you interpret this?
The first reaction will be "Holy $#!t holy f@#k! Holy $#!t holy f@#k! It's not -179k Hurray!"

The reaction Sunday, Monday and the following week will be "Holy $#!t holy f@#k! Holy $#!t holy f@#k! The dollar is screwed!"
Not all sins are created equal
  • #148,614
  • Oct 1, 2009 10:23pm Oct 1, 2009 10:23pm
Quoting realjumper
When I look at dailyfx homepage, they have the countdown timer for the NFP and it says "Expected: -175k". How do you interpret this?

hi it means that the estimated job loss is this amt.

anything lesser at release means good news! anything more means more folks loss jobs and things are not so good after all..

you can read about NFP at my blog... hope it helps buddy

http://www.thegeekknows.com/2009/06/...d-eur-usd.html
  • #148,615
  • Oct 1, 2009 10:24pm Oct 1, 2009 10:24pm
Quoting Jay Walker
The first reaction will be "Holy $#!t holy f@#k! Holy $#!t holy f@#k! It's not -179k Hurray!"

The reaction Sunday, Monday and the following week will be "Holy $#!t holy f@#k! Holy $#!t holy f@#k! The dollar is screwed!"
Uh huh.....but what does -175k refer to?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #148,616
  • Oct 1, 2009 10:25pm Oct 1, 2009 10:25pm
Good Morning/Evening all
The best thing that can happen to you is to find out where you're wrong.
  • #148,617
  • Oct 1, 2009 10:28pm Oct 1, 2009 10:28pm
Quoting trading801
hi it means that the estimated job loss is this amt.

anything lesser at release means good news! anything more means more folks loss jobs and things are not so good after all..

you can read about NFP at my blog... hope it helps buddy

http://www.thegeekknows.com/2009/06/...d-eur-usd.html
Hi....I understand what NFP is, I've seen the reaction a few times now, I just don't understand the number. Does it mean that less than 175,000 jobs have been lost this month or what?

Cheers
Doing what you like is Freedom. Liking what you do is Happiness.
  • #148,618
  • Oct 1, 2009 10:28pm Oct 1, 2009 10:28pm
Quoting Driver55
Good Morning/Evening all
evening over here. do you think we break 1.45 in london?
  • #148,619
  • Oct 1, 2009 10:30pm Oct 1, 2009 10:30pm
Good morning driver55.
Waiting for you this morning.
Do you think it will hit 1.46xx this morning?
5m 4H chart are going north now.

Cheers!
{Promotion Removed}
  • #148,620
  • Oct 1, 2009 10:30pm Oct 1, 2009 10:30pm
Quoting sed34
evening over here. do you think we break 1.45 in london?
If this hits 1.4555 we can start talking about breaking 1.46
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