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  • #7,501
  • Nov 11, 2009 4:17pm Nov 11, 2009 4:17pm
OMG - let it stop! those patterns need confirmation if there is any hope to be relaible as an indcation of trend reversal. Read your books! Or your charts! Why oh why are you trading counter trend in the first place?????
  • #7,502
  • Nov 11, 2009 4:21pm Nov 11, 2009 4:21pm
Quoting Bones
We can all show ISOLATED examples of ANYTHING to show it doesn't work.

There is nothing in trading which is 100% perfect.

Neither do we trade classical candle shapes, patterns and locations - we SEE BEYOND THE CANDLES

We use proven PASR methods and strategies which I have developed statistically and through spending thousands of hours, days, weeks, months, years reading charts.

Let's see, you started on Gentleman Jim's thread in January 2008!

I make a very, VERY, VERY good living trading PASR and my other methods/strategies.

Let's see, Oh, you don't even trade for a living!
15 YEARS OF PASR ON FOREX FACTORY!
  • #7,503
  • Nov 11, 2009 4:27pm Nov 11, 2009 4:27pm
let me change that
"we dont see any candles"
ill trade for a living when im ready my friend may be 5 years,not yet
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #7,504
  • Nov 11, 2009 4:27pm Nov 11, 2009 4:27pm
Quoting Bones
lol my home is actually someone else's a true gentleman (look it up),anyway don't think it would be right
Since I have been studying charts and price action many years before you started (January 2008), I bow down to your superior knowledge and wisdom.

Please kindly put your money where your mouth is and tell myself and the readers of this thread how to do this: “may be system is good but you are blinkered to actual fact of price action confined within too tight rules”

I am deadly serious! I am always looking for ways to improve my bottom line. I never stop learning. I have a very open mind so if you have something that will improve my/our trading, I am all eyes and ears, my friend.
15 YEARS OF PASR ON FOREX FACTORY!
  • #7,505
  • Nov 11, 2009 4:29pm Nov 11, 2009 4:29pm
Quoting Alexandra
OMG - let it stop! those patterns need confirmation if there is any hope to be relaible as an indcation of trend reversal. Read your books! Or your charts! Why oh why are you trading counter trend in the first place?????
LOL - always takes a lady to bring the men back to earth!
Trade less and become more profitable!
  • #7,506
  • Edited 5:01pm Nov 11, 2009 4:45pm | Edited 5:01pm
Indeed...so back to Earth - put your nickel down.......who here is buying or set to buy USDCHF on today's chart? Can it be justified?....yes.....is it proper?...perhaps......
If so, what is the target?....where does one pull the (likely) ejector seat? Is that a valid R/R?
  • #7,507
  • Nov 11, 2009 4:46pm Nov 11, 2009 4:46pm
I'am looking to go short after today's BEOB.

W/trend,fib retrace,closed below 20 on the worker, DSRI break, All the bosses are in agreement, 20 and 50 are touching on both boss and worker TF's.
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  • #7,508
  • Nov 11, 2009 4:52pm Nov 11, 2009 4:52pm
still dont know a hanging man ,or shooting star yet do ya ,anyway im outta here ,no point in carring on discussion...

Quoting strat
Since I have been studying charts and price action many years before you started (January 2008), I bow down to your superior knowledge and wisdom.

Please kindly put your money where your mouth is and tell myself and the readers of this thread how to do this: “may be system is good but you are blinkered to actual fact of price action confined within too tight rules”

[font=Arial]I am deadly serious! I am always looking for ways to improve my bottom line. I never stop learning....
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #7,509
  • Nov 11, 2009 4:59pm Nov 11, 2009 4:59pm
Quoting Bones
still dont know a hanging man ,or shooting star yet do ya ,anyway im outta here ,no point in carring on discussion...

Goodness.....he's as hard headed as a squirrel's winter meal.

That's not the point my firend!! Trust us...we know the basics.....it's the application that counts.
  • #7,510
  • Nov 11, 2009 5:00pm Nov 11, 2009 5:00pm
Quoting Bones
Originally Posted by Bones [IMG]file:///C:/Users/Robert/AppData/Local/Temp/msohtml1/01/clip_image001.gif[/IMG]
Just like this was not a shooting star ,did you see what price did

I don’t get the point you are trying to make.

You have OBVIOUSLY not read the thread to understand the method/strategy.

In accordance with the method/strategy being taught on this thread, here is how we would have traded it:

We know that Shooting Stars, Bond Shooting Stars, look a like Shooting Stars in an UPTREND are signs of PROFIT TAKING. Therefore we would have either taken profit on the close of “that” candle or put a TP stop below “that” candle.

The method/strategy being taught on here does not have us going short against the trend so we would not trade “that” candle.

The Bond Hammer two candles over would have alerted us to BUYERS still IN CONTROL.

Since the trend is still UP, since we know it was profit taking and not shorting and since we know the buyers are STILL in control, the aggressive traders amongst us would have put a BUY stop order above “that” shooting star candle. The more conservative traders would have recognized the BUEB and traded off that.

What is YOUR point?
15 YEARS OF PASR ON FOREX FACTORY!
  • #7,511
  • Nov 11, 2009 5:02pm Nov 11, 2009 5:02pm
Quoting Bones
still dont know a hanging man ,or shooting star yet do ya ,anyway im outta here ,no point in carring on discussion...
still dont know a hanging man ,or shooting star yet do ya ,anyway im outta here

Now he can't even talk properly!
15 YEARS OF PASR ON FOREX FACTORY!
  • #7,512
  • Nov 11, 2009 5:08pm Nov 11, 2009 5:08pm
let me tell you this Strat ,I knew what price was going to do before it happened ,ahead of the game ,ahead of this thread (posted real time)and I tried to give you heads up ,you do the math of how reading price is an advantage
all ive tried to do is tell a newbie that he had spotted a perfect set up and you called it BULLSHIT

why is it Bull cause you have no idea that its really FACT
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #7,513
  • Nov 11, 2009 5:11pm Nov 11, 2009 5:11pm
This is from his profile:

About Bones
Pet hate posts are:
My system is a secret its taken me years to develop
I think its going up/down statements without foundation

So here he is telling us:

“may be system is good but you are blinkered to actual fact of price action confined within too tight rules”

I politely asked him to SHOW us what he means/is talking about (put your money where your mouth is) and he runs as fast as he can for the exit!

Isn’t he doing what he “hates”?:

His system must be “secret” because he won’t tell us about it

He makes the statement: “may be system is good but you are blinkered to actual fact of price action confined within too tight rules” without foundation!

Talk about a CONFLICT OF INTEREST!
15 YEARS OF PASR ON FOREX FACTORY!
  • #7,514
  • Nov 11, 2009 5:18pm Nov 11, 2009 5:18pm
I have no secrets,if I can help I will,ask me a Q I will ans honestly

am I doing well ,well go look......
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #7,515
  • Nov 11, 2009 5:21pm Nov 11, 2009 5:21pm
Quoting Bones
I have no secrets,if I can help I will,ask me a Q I will ans honestly

am I doing welll ,well go look......
How do you do this:

“may be system is good but you are blinkered to actual fact of price action confined within too tight rules”
15 YEARS OF PASR ON FOREX FACTORY!
  • #7,516
  • Nov 11, 2009 5:23pm Nov 11, 2009 5:23pm
not a Question is it
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #7,517
  • Nov 11, 2009 5:27pm Nov 11, 2009 5:27pm
its a self explanatory statement
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #7,518
  • Nov 11, 2009 5:28pm Nov 11, 2009 5:28pm
Quoting Bones
not a Question is it
OK, let me transpose your statement into simple questions you can understand then:

“may be system is good but you are blinkered to actual fact of price action confined within too tight rules”

How and why are we blinkered to actual fact of price action?

How and why are we confined within too tight rules?

What are the tight rules we are confined in?

What is actual fact of price action?
15 YEARS OF PASR ON FOREX FACTORY!
  • #7,519
  • Nov 11, 2009 5:31pm Nov 11, 2009 5:31pm
you talk about price ,but dont actually know what your looking at ,but agree your system may save you
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #7,520
  • Nov 11, 2009 5:32pm Nov 11, 2009 5:32pm
you accept no one else's opinion
On-site guru & also FF member's' psychiatrist, when not drinking tea
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