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  • #8,921
  • Jan 4, 2010 1:41pm Jan 4, 2010 1:41pm
Anyway STRAT.....i am off to Drop my son to BIRMINGHAM UNI,and they are expecting SNOW...and you know what happens .......everything comes to a standstill.....so i want to miss all that mate..
But please let me know any PREFERED CHARTS you would like to see on THE YEARLY/ 6 MONTHLY.......i can also do quaterly as well...
AND i dont use any INDIs or such.....JUST PA on the HTF...

baz..

EURO QUATERLY....

EUR_USD Spot.png
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  • #8,922
  • Jan 4, 2010 1:50pm Jan 4, 2010 1:50pm
Quoting baz
Anyway STRAT.....i am off to Drop my son to BIRMINGHAM UNI,and they are expecting SNOW...and you know what happens .......everything comes to a standstill.....so i want to miss all that mate..
But please let me know any PREFERED CHARTS you would like to see on THE YEARLY/ 6 MONTHLY.......i can also do quaterly as well...
AND i dont use any INDIs or such.....JUST PA on the HTF...

baz..

EURO QUATERLY....

EUR_USD Spot.png
Many thanks baz. I wish I could do that.

Quarterly, Half Yearly and Yearly would be sincerely appreciated on:

AUDCAD
AUDJPY
AUDNZD
AUDUSD

CADJPY
CHFJPY

EURAUD
EURCAD
EURGBP
EURJPY
EURUSD

GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPUSD

NZDJPY
NZDUSD

USDCAD
UADCHF
USDJPY
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,923
  • Jan 4, 2010 1:52pm Jan 4, 2010 1:52pm
Quoting strat
Many thanks baz. I wish I could do that....
ok i will get them for tommorow

baz
  • #8,924
  • Jan 4, 2010 1:52pm Jan 4, 2010 1:52pm
Quoting strat
$US 2010 predictions:

[list=1][*]Marc Faber: 5-10% rise of dollar against the Euro in 2010. Marc Faber, publisher of a newsletter called “Gloom, Boom and Doom”, is a highly regarded analyst, but he isn’t always correct. In an article in Bloomberg, he says that the bearish betting on the dollar has become too crowded, and that the dollar and the stock markets will continue rallying together, as they did in December 2010 (different than the previous months).[*][b][i][font=Arial]John...
Are you adding the crystal ball methodology to your 2010 Plan or giving these guys your money so they can "invest" it?
  • #8,925
  • Edited 2:21pm Jan 4, 2010 1:53pm | Edited 2:21pm
[quote=strat;3338713]

The BOSS looks like it is respecting the confluence of 94R and the 50. Where she finds support will be key to the next move.
/quote]
Hello Strat,

What does 94R mean? 94 Resistance?
I suppose the 50 means the ma 50.

I will watch the behaviour whilst against my trendline now.

Greetz,

FP
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Posting Demo charts, mirroring some of them live.
  • #8,926
  • Jan 4, 2010 2:13pm Jan 4, 2010 2:13pm
[quote=forexpiet;3338809]
Quoting strat

The BOSS looks like it is respecting the confluence of 94R and the 50. Where she finds support will be key to the next move.
/quote]
Hello Strat,

What does 94R mean?
I suppose the 50 means the ma 50.

I will watch the behaviour whilst against my trendline now.

Greetz,

FP
What does 94R mean?

94.00 is the PRICE level and R is Resistance


I suppose the 50 means the ma 50.

Yes. Are you sure you UNDERSTOOD the thread?


“A person with good self-discipline but a poor trading method will outperform a person with poor self-discipline but the best trading method currently available.”(Larry Levin)

Any person with good self discipline will ALWAYS outperform ANYONE with poor self discipline regardless of the trading system.

I gave one of my close friends one of my top performing mechanical systems which consistently, year after year, produces triple % increases in accounts. He cannot make money with it to save his life – he has absolutely no discipline whatsoever.
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,927
  • Jan 4, 2010 3:01pm Jan 4, 2010 3:01pm
[quote=strat;3338828]
Quoting forexpiet

I suppose the 50 means the ma 50.

Yes. Are you sure you UNDERSTOOD the thread?

Hm, how can I be sure I understood the thread? I know I read it thouroughly, some of the pages I read twice or more. Now I want to put to practice what I (think) I learnt. So I'll be posting the analysis of my trades and hope to get responses. Out of what I do will be shown whether I understand the basics of the thread or not. I was pretty sure the 50 meant ma 50 but just wanted confirmation. I know though I will most likely have a lot of work to do.

Thanks,

FP
Posting Demo charts, mirroring some of them live.
  • #8,928
  • Jan 4, 2010 3:04pm Jan 4, 2010 3:04pm
[quote=forexpiet;3338885]
Quoting strat

Hm, how can I be sure I understood the thread? I know I read it thouroughly, some of the pages I read twice or more. Now I want to put to practice what I (think) I learnt. So I'll be posting the analysis of my trades and hope to get responses. Out of what I do will be shown whether I understand the basics of the thread or not. I was pretty sure the 50 meant ma 50 but just wanted confirmation. I know though I will most likely have a lot of work to do.

Thanks,

FP
Not knowing R was for RESISTANCE was the problem, not the 50.
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,929
  • Jan 4, 2010 3:11pm Jan 4, 2010 3:11pm
USDCHF today - reasons not to trade Barbwire!
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Trade less and become more profitable!
  • #8,930
  • Jan 4, 2010 3:12pm Jan 4, 2010 3:12pm
Quoting strat
For me, trading the BOSS and above, is investing (long term trading).

Look at my Post #8884 for some ideas on how to use the Yearly chart. You should be able to see how to use the Yearly information to provide LOW RISK, STRESS FREE trades on the Worker.

If nothing else, use the Yearly as your DIRECTION FINDER or GPS.
Thanks Strat, makes sense when you study it for a while. BTW, I have to stay away from Guitar Center myself. Last time I was there I left with a new to me Gretsch 6120. That money would have looked good as working capital for my business! Poncho.
" I can read the left side of the chart, the right side's a Bitch!
  • #8,931
  • Jan 4, 2010 3:20pm Jan 4, 2010 3:20pm
For those of you trading during December, how many of you were caught out with this Shooting Star?

Had it been any other time than a holiday, I would have traded this.

Looks to me like the 3 bars after it are indicative of low liquidity.
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15 YEARS OF PASR ON FOREX FACTORY!
  • #8,932
  • Jan 4, 2010 4:46pm Jan 4, 2010 4:46pm
Nice BEOB but there are a few problems..................................
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15 YEARS OF PASR ON FOREX FACTORY!
  • #8,933
  • Jan 4, 2010 4:47pm Jan 4, 2010 4:47pm
Just want to say I really enjoy reading your commentary Strat. Insightful and entertaining. Subscribed, for all that is worth. Maybe one day you can tell your grandkids "If I had a nickel for each subscriber...."
  • #8,934
  • Jan 4, 2010 4:56pm Jan 4, 2010 4:56pm
GBPJPY Worker

I wonder what our friends who insist on perfect, classic candle proportions at perfect positions make of this.
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15 YEARS OF PASR ON FOREX FACTORY!
  • #8,935
  • Jan 4, 2010 8:39pm Jan 4, 2010 8:39pm
Quoting strat
Open invitation

With the New Year and the thread 1 year anniversary fast approaching plus other new developments, now would seem a good time for all members past and present, to air their views, good and bad, of the thread.

I am not interested in thanks/kudos and such like, only positive and constructive comments – what you like, what you don’t like, what you need, what you want, what would help etc., etc.

The floor is yours – USE IT WISELY!...
Hi Strathttp://cdn.forexfactory.com/images/icons/icon7.gif

Good to know that you have a heart and foresight to evolve this thread. I do fear for the moment you decide to move beacause you find that there is not enough "inspiration" here or you.

I have to admit that I miss the opportunity to be tested in what I know and whether this knowledge is rightly applied.

During this holiday time I have reread the thread again to make sure that I know and understand the principles however with all this knowledge I am missing the opportunity to prove that what I know and understand is correct. So from my side, a exercises or tests will do me good above what I am doing now.

Earlier in the thread, when Baba G was still here you mentioned that there was plans for groups to be mentored by you and others, is this still a plan for you to do?

I gather that everyone will do different things with the information that we are getting here, but my personal goal is to master this and do it right.

My wife is trading with me and learning from me so it is a double edged sword.

Happy tradinghttp://cdn.forexfactory.com/images/icons/icon14.gif
Jideck
  • #8,936
  • Jan 4, 2010 8:56pm Jan 4, 2010 8:56pm
Quoting Grimweasel
USDCHF today - reasons not to trade Barbwire!
Hi Dannyhttp://cdn.forexfactory.com/images/icons/icon7.gif

This barbwire is very interesting, I hope for downward move to test the DSRI. I do not know whether this would be a good place to enter a sell, going into 20/50 trap but I gather that one will have momentum and PA behind (Strat mentioned some time ago that it is OK to do so) - I hope this is correct as applied here. 20 is quite flat at this time though, closest major S/R that I have is at 0.9921 so there is space to move.

Any comments?

Happy tradinghttp://cdn.forexfactory.com/images/icons/icon14.gif
Jideck
  • #8,937
  • Jan 4, 2010 9:06pm Jan 4, 2010 9:06pm
Hi all,

I'm more a "learner" (no not a lurker ) of this thread - i've always been a student of price action and this is a superb learning tool for the world !

I am posting because it never occurred to me to look at the quarterly but your recent posts got me opening my quarterlys and what a story they tell - i have attached some as per your requests, and they are really giving me an interesting picture on the USD prospects going forward.

Cheers
Mark
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPY - Spot FX USDJPY (-) 92.244 (-0.26%) Quarterly 256 5012010 15648 PM.jpg Size: 155 KB
Click to Enlarge Name: USDCHF - Spot FX USDCHF (-) 1.02913 (-0.00%) Quarterly 257 5012010 15731 PM.jpg Size: 158 KB
Click to Enlarge Name: EURUSD - Spot FX EURUSD (-) 1.44137 (-0.08%) Quarterly 258 5012010 15805 PM.jpg Size: 169 KB
Click to Enlarge Name: GBPUSD - Spot FX GBPUSD (-) 1.60942 (-0.12%) Quarterly 300 5012010 20022 PM.jpg Size: 180 KB
  • #8,938
  • Jan 4, 2010 9:50pm Jan 4, 2010 9:50pm
Quoting pipmyride
Hi all,

I'm more a "learner" (no not a lurker ) of this thread - i've always been a student of price action and this is a superb learning tool for the world !

I am posting because it never occurred to me to look at the quarterly but your recent posts got me opening my quarterlys and what a story they tell - i have attached some as per your requests, and they are really giving me an interesting picture on the USD prospects going forward.

Cheers
Mark
Wow I wish I had that kind of data. Thanks for posting it
  • #8,939
  • Jan 4, 2010 10:07pm Jan 4, 2010 10:07pm
Quoting strat
For those of you trading during December, how many of you were caught out with this Shooting Star?

Had it been any other time than a holiday, I would have traded this.

Looks to me like the 3 bars after it are indicative of low liquidity.
Hi Strat. Question on your method. Let's say the bar you mentioned has already completed. (Bar A.) It's saying that the buy orders above it (in the shadow) have been taken out, paving the way for sellers to rally. OK. At this point let's say we are on the day of Bar B. Normally you would set a sell stop at the close/low of Bar A, according to J16. Would you normally do this, OR would you wait for Bar B to complete, and set a sell stop at the low of Bar B, on the day of Bar C (if you did this then the order would never have been filled, saving you from a loss)? The reason I ask is because a shooting star by definition contains 3 bars -- the bar before Bar A, Bar A, and Bar B, and I would just like to clarify where to enter the trade if using this shooting star pattern. Thanks!
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  • #8,940
  • Jan 4, 2010 10:19pm Jan 4, 2010 10:19pm
I was looking at some charts today and noticed this.

Big boss: Showing a nice IB

Boss: Two bullish bars, after a hammer on Dec 20

Worker: BUEB on Jan 4 above the 50.

It is starting to look like to me the pull back in the major UPWARD trend is over, and this one wants to continue going up. The bars are somewhat unreliable due to the low volume over the past few weeks so ideally I would want to see a break in the minor R @.9222 with good PASR.

And add to a position if it breaks Pscho .94

Comments on my analysis is much appreciated.

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