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  • #221,881
  • Apr 7, 2010 6:43pm Apr 7, 2010 6:43pm
Quoting suthmo
Once again price action return to the dark side for d night. By morning PA will returned to da pattern. Will make one more stab up possibly .3370? before starting demise to 1.3000 Closer inspection of my mumbo jumbo analysis suggests we leave this area for good by 12 pm today, although price is trying right now.

Does the new 4 hour candle start at midnight on a GMT 4hr Chart? Cause I still on the 8p Candle?
there's a rumor of Double-no-touch (DNT) option at 1.33/1.36 so 1.33 might be defended heavily ... hence we might see your jump to .3370 ???
  • #221,882
  • Apr 7, 2010 6:43pm Apr 7, 2010 6:43pm
Quoting gatorinla
most i post are tiny tf..so they become useless. these are much larger so they last longer.. forever maybe, until the bull takes over. then we start at the new bottom.. they follow different paths. this pair is new. its unlike older pairs. this one can still be measured from conseption. so if we stop at a target below .8 it will just turn into a normal fib. with about 1.200 as the 50% mark.. 1.2xx falls under many targets including from oct. so it cant be random.. also euro is already in the 50% mid on many other pairs already. including eurx. its...
Thanks so much for the clarification. I see what you mean.

DZ
  • #221,883
  • Apr 7, 2010 6:45pm Apr 7, 2010 6:45pm
Quoting SkyzerFX
Well, actually this goes for every currency "BULL/S". GOLD (ETF's / Futures a.k.a Paper GOLD)

manipulation, sales of real GOLD by IMF (Just in times of a "PIIGS" problems? Why? That's stupid at least) ,

everything goes just to show

that Paper currency actually have some value.. Now!??? They have other sh*t

to take care off.. NO time to pay attention for some "useless commodity".

You ain't see anything yet in terms of GOLD movements... $100+ days

coming.. Won't say much, but at least picture today $18/oz Silver

and just stick...
on the other side gold is priced in paper. at times you can get more gold with paper and vice versa. not a whole lot you can do with either. when we chew on our neighbors bones. both will be worthless.
those who can, do. those who cant, talk about those who can
  • #221,884
  • Apr 7, 2010 6:51pm Apr 7, 2010 6:51pm
I just seen all the news out tomorrow at noon that ads more weight to my opinion Euro gonna drift sideways till then and then dew the bear dew.
Founder of Sutherland Wave Principle
  • #221,885
  • Apr 7, 2010 6:51pm Apr 7, 2010 6:51pm
Quoting gatorinla
on the other side gold is priced in paper. at times you can get more gold with paper and vice versa. not a whole lot you can do with either. when we chew on our neighbors bones. both will be worthless.
I know, you don't like Gold.. AS investment it's suck actually... I agree..

But in terms of value preservation (very long term vise) I thinks it's (+ -) right on the money..

While In Internet/Tech boom period of 1995-2000, who the heck needs Gold

Indeed..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #221,886
  • Apr 7, 2010 6:52pm Apr 7, 2010 6:52pm
Quoting gatorinla
this pair is new. its unlike older pairs. this one can still be measured from conseption.
Bingo bro... it always amazes me how many folks never seem to consider that...

I guess that comes from bein over a half century old, you remember when lots of stuff wasn't here yet and can better appreciate how fast New things come and go now. I grew up from crawlin age with a hi-fi the size of a refrigerator in the living room and it was still there when I left for bootcamp...

Used to play the 33's on 45 and 78 for the Alvin effect...
FUBAR...
  • #221,887
  • Apr 7, 2010 6:53pm Apr 7, 2010 6:53pm
Spin those discs

Quoting ak4x
Bingo bro... it always amazes me how many folks never seem to consider that...

I guess that comes from bein over a half century old, you remember when lots of stuff wasn't here yet and can better appreciate how fast New things come and go now. I grew up from crawlin age with a hi-fi the size of a refrigerator in the living room and it was still there when I left for bootcamp...

Used to play the 33's on 45 and 78 for the Alvin effect...
Disclaimer: Check your 1m charts
  • #221,888
  • Apr 7, 2010 6:55pm Apr 7, 2010 6:55pm
I waited on it....and took a LONG at 3329....tight stop loss...

But...it was worth the R:R.....

I know you say 3374 Gator..I will watch this level but I really have a bigger target in mind.... my FORK says at least 3600 or perhaps 3447...but your 3409 may be the Stopper!

We have Double Bottom on 1 hr with Bullish DIV! And Chf has been rejected a few times at 747
  • #221,889
  • Apr 7, 2010 6:58pm Apr 7, 2010 6:58pm
Quoting pipper
Spin those discs
50% is the pp
those who can, do. those who cant, talk about those who can
  • #221,890
  • Apr 7, 2010 6:59pm Apr 7, 2010 6:59pm
watching the 1hr Close on swisy, will post chart in a minute.. looking for drop on yoorow now, or soon when Mom picks back up.

Attached Image
FUBAR...
  • #221,891
  • Apr 7, 2010 7:00pm Apr 7, 2010 7:00pm

Quoting gatorinla
50% is the pp
Disclaimer: Check your 1m charts
  • #221,892
  • Apr 7, 2010 7:00pm Apr 7, 2010 7:00pm
Quoting ledobedo
lucky u man...i m on sidelines for eurusd...banking some nice pips on short eurjpy, gbpjpy..eurusd has been beating me sooo much..but breaking yesterdays low just might do it for me..but for that i wud close my eurjpy short...wonder whether its worth switching to eurusd now..plus not looking like breaking the low just yet...the fibo method is highly speculative since i have all levels on, plus all expansions both up and down..its gets messy..i m still in proccess of testing it my way..but again, more tools under the belt the better
Well, you have way more experience as I can see. I just try to trade on eurusd and that's it. I have most of my experience at forex from my robots. If I code a robot, I can backtest it over years in a couple of minutes. That's how I can learn fast about some coefficients of the markets. Best trailing sl for example or best risk ratio and where the noise is and how far to set a sl and so on. I do not need to check a system manually for months to see if it works. I just trade manually to learn even more about different market conditions. I wouldn't suggest any robot even not mine to anybody else, though. There is a bit more to just push the button. To know when it will work or not and so on. But I guess it's possible to make money with it, as it can all do what I would do plus it can watch 24 hours and react in milliseconds. Success is only made via a different strategy a human trader would use, though. All of my robots show this: They are way better will many small gains and higher losses. A human trader would probably get crazy over time with this strat, but a robot don't care about time, fun, emotions, a beer or that, lol.

In my robots I use only sar with different settings, fractals and a bit glue to put all that together. My lifv2 makes 300% in one year. Risk is high, though. 14% maxrisk per trade. But as it trades another way than men and shows no loss in 32 trades over 2 years I guess I can put it that high. Even 2 losses compared to that would be no big drawdown. If I get that roi over 6 years I will be passing the 2 million dollars then. 6 years later it would be a billion. Sounds crazy, I know. We'll see. :nerd:
Sometimes I lose. Sometimes the others win.
  • #221,893
  • Apr 7, 2010 7:01pm Apr 7, 2010 7:01pm
Quoting SkyzerFX
While In Internet/Tech boom period of 1995-2000, who the heck needs Gold

Indeed..
computer systems/sophisticated technology uses gold as part of their design due to its super conductivity and durability... thank gold we have computers
  • #221,894
  • Apr 7, 2010 7:02pm Apr 7, 2010 7:02pm
Quoting gatorinla
on the other side gold is priced in paper. at times you can get more gold with paper and vice versa. not a whole lot you can do with either. when we chew on our neighbors bones. both will be worthless.

My feelings exactly. If fiat money collapses, if you need to sell gold to put food on the table, who is gonna buy your gold and with what?
If only I knew then what I know now...
  • #221,895
  • Apr 7, 2010 7:03pm Apr 7, 2010 7:03pm
Quoting IMARICH1
I waited on it....and took a LONG at 3329....tight stop loss...

But...it was worth the R:R.....

I know you say 3374 Gator..I will watch this level but I really have a bigger target in mind.... my FORK says at least 3600 or perhaps 3447...but your 3409 may be the Stopper!

We have Double Bottom on 1 hr with Bullish DIV! And Chf has been rejected a few times at 747
have you ever been lied to over and over by the same person? at what point do you stop believing? how many lies does it take? well at some point nobody will believe in ecb.. via the piggs.. its getting close.. stocks are red oil/gold is dropping.. is tonight the night? get below 3292 and we may find out in hyper speed.
those who can, do. those who cant, talk about those who can
  • #221,896
  • Apr 7, 2010 7:04pm Apr 7, 2010 7:04pm
Quoting Buckscoder
[cut]
In my robots I use only sar with different settings, fractals and a bit glue to put all that together. My lifv2 makes 300% in one year
[cut]
what timeframe is the robot trading on ? does it only enter on candle close/open ? or maybe this ... what timeframe is the sar using ?
  • #221,897
  • Apr 7, 2010 7:08pm Apr 7, 2010 7:08pm
The [U.S. Dollar Index] rose above 81.70 intraday suggesting that wave 5 up from the 79.51 low on March 17 may be extending toward higher levels, above the March 25 high at 82.24. The evidence is not conclusive as of yet, because the push from the April 1 low at 80.68 is not a clear impulse pattern. But the 120-minute chart of prices (not shown) displays a series of higher highs and higher lows, which indicates the immediate trend is up, the index remains within the channel formed by the rally from the November bottom, and currency trends do tend to persist more so than equities. If prices are extending higher, the March 25 high would be wave i (circle) of 5 and the April 1 low would be wave ii (circle) of 5. This means wave iii (circle) of 5 is unfolding. As long as the dollar index remains above the April 1 low, we will give the index leeway to continue to push up in an extension of wave 5. The next "range" that prices should push to is the mid-83's, and probably higher. A break of the April 1 low would likely return the wave structure to our original assessment, that wave (2) down was underway.
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  • #221,898
  • Apr 7, 2010 7:08pm Apr 7, 2010 7:08pm
If the U.S. Dollar remains in wave 5 up then the [Euro] should also be extending, in wave 5 down. Prices bounced to the down-sloping channel line shown on the above chart, and then immediately reversed lower. The decline of the past four days has drawn the euro beneath 1.3384, which, as we noted, increases the odds that wave 5 is not yet complete. The next target range is 1.2890-1.3041, the bottom end of which is where wave 5 would equal wave 1. There is greater bearish potential. We must also recognize the sentiment picture at the present juncture. The Daily Sentiment Index (trade-futures.com) declined to just 5% bulls at the March 25 low (1.3267). As of yesterday's close it was still a relatively low 17% bulls, so the view that the euro will continue lower appears wide-spread among traders. The level of optimism suggests that we cannot be complacent about the euro's downside potential. If prices rise above the April 1 high at 1.3594, odds will like return to the side of our original wave count, that wave (2) up was unfolding.
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  • #221,899
  • Apr 7, 2010 7:11pm Apr 7, 2010 7:11pm
Quoting Alexgee
My feelings exactly. If fiat money collapses, if you need to sell gold to put food on the table, who is gonna buy your gold and with what?
Well I don't think you on target with that, dude. Gold is Gold, you won't

buy much for your Dollars then, that's for sure.. Alaskan Gold rush times...

Read Jack London ones again.. Everything could be bought for Gold, absolutely

everything, - you name it..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #221,900
  • Edited 7:24pm Apr 7, 2010 7:14pm | Edited 7:24pm
Quoting Buckscoder
Well, you have way more experience as I can see. I just try to trade on eurusd and that's it. I have most of my experience at forex from my robots. If I code a robot, I can backtest it over years in a couple of minutes. That's how I can learn fast about some coefficients of the markets. Best trailing sl for example or best risk ratio and where the noise is and how far to set a sl and so on. I do not need to check a system manually for months to see if it works. I just trade manually to learn even more about different market conditions. I wouldn't...
u probably got the experience part wrong..i m 21 dude..trading since 19, live 4 months or so...i never thought about robots, first i dun know how to code and i m here not just for the money, not even fun but the thrill i guess...if it was the money i wud have gotten out long ago since i m still running at a loss, gradually smaller loss but loss nonetheless...14% not soo high, for a robot maybe, as i said i dun know bout robots..i trade bout 20% margin per trade...very tight stops, very short term...longer term trades never worked out for me...my yen pairs missed my tp by 2 pip....and pulled back for 30% of profits..dammm..here comes another wave...
not 30% but 80%..completely forgot the news...eurojpy and gbpjpy still respections its channels though..last 5 min black candle=good candle
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