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  • #261,601
  • Jun 22, 2010 7:39am Jun 22, 2010 7:39am
For those looking to buy on the retrace, get ready ... your time is coming. H1 is see a bullish engulfed bar present. Easy reversal signals.

I'm sitting this out. I only trade with the trend on the Daily chart. You guys will see me when price continues short again.
  • #261,602
  • Jun 22, 2010 7:40am Jun 22, 2010 7:40am
Quoting Jhig
Tcat, do you pay for Sostratos? Free with the broker?
GFT just started offering free trading signals, and though they look to be dead on right, I have a hard time following anyones trading analytics.
Imho, trading calls are just BS, what would be interesting is the methodology behind them and a comparison with your own trading, but not taking these calls very seriously.
Getting it right is NOT as important as not getting it wrong.
  • #261,603
  • Jun 22, 2010 7:45am Jun 22, 2010 7:45am
Quoting mercy seat
I will reply - in Vertretung - Sostratos is only available via SAXO TRADER and it is purely meant as a suggestion for customers - who do not have the time to wait and doing own TA.
See ... my favorite time of the day is when I get to map out my own technicals. You would think executing the trade would be my favorite part of trade but its not ... thats last on the list.

Going through my technicals, I'm like a kid with crayons.

I lye on the floor with my feet swinging in the air, I organize my crayons by color in a stack next to me, I flatten out my sheet of paper by rolling my hand across it, and now I think about what to draw. Then I space out.

Good Times
  • #261,604
  • Jun 22, 2010 7:46am Jun 22, 2010 7:46am
Quoting fxswing
It's from the saxo bank trading platform, you can open a demo account to get the sostratos calls.

Thanks fxswing...
  • #261,605
  • Jun 22, 2010 7:48am Jun 22, 2010 7:48am
A good financial service must not read charts - they know their customers behaviour and positioning - and they can read IMM data and know other well known participitiants levels of entry or exit. They spend a lot of efforts in development - but do not like to share.
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #261,606
  • Jun 22, 2010 7:49am Jun 22, 2010 7:49am
Quoting fxswing
Imho, trading calls are just BS, what would be interesting is the methodology behind them and a comparison with your own trading, but not taking these calls very seriously.
That last call of theirs seems reasonable though.....their proposed entry is right on the 23.6 fib from the recent high of 2466 to the recent low of 2255. Whether or not it works out is another matter of course, but their reasoning sounds fair enough.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #261,607
  • Jun 22, 2010 7:49am Jun 22, 2010 7:49am
Quoting Jhig
For those looking to buy on the retrace, get ready ... your time is coming. H1 is see a bullish engulfed bar present. Easy reversal signals.

I'm sitting this out. I only trade with the trend on the Daily chart. You guys will see me when price continues short again.
we should break 1.2282 for more retrace to 1.2300 then 1.2325
ブードゥー教
  • #261,608
  • Jun 22, 2010 7:50am Jun 22, 2010 7:50am
Quoting Jhig
See ... my favorite time of the day is when I get to map out my own technicals. You would think executing the trade would be my favorite part of trade but its not ... thats last on the list.

Going through my technicals, I'm like a kid with crayons.

I lye on the floor with my feet swinging in the air, I organize my crayons by color in a stack next to me, I flatten out my sheet of paper by rolling my hand across it, and now I think about what to draw. Then I space out.

Good Times
Ohh - yes I understand. That sounds good.
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #261,609
  • Jun 22, 2010 7:53am Jun 22, 2010 7:53am
Cable and EU forever shorts get kick in the nuts
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #261,610
  • Jun 22, 2010 7:54am Jun 22, 2010 7:54am
Germany, France and UK all on board bank levy
  • #261,611
  • Jun 22, 2010 7:55am Jun 22, 2010 7:55am
I don't believe this.
I placed 2 orders today a buy order and a sell order.
The sell order was missed because 3 pips above todays high.
The buy order was missed because 4 pips below todays low.
  • #261,612
  • Jun 22, 2010 7:58am Jun 22, 2010 7:58am
Quoting fxswing
Not sure, but looks like the sostratos have a very low win ratio... no ?

Do they publish their methodology for the calls ?

TBH, I think they are only trend followers. Many of them make mistakes by judging intraday as a whole day trend. If are bearish in late Asia and London it doesnt necesserily mean that the ID trend would continue in NY/London crossover or just US session. They publish the information thinking the trend will be the same all day long.

I dont follow, I trade what I see, and I like it. TECHNICALS are a piece of art for me.
  • #261,613
  • Jun 22, 2010 8:00am Jun 22, 2010 8:00am
Quoting longshot_nl
I don't believe this.
I placed 2 orders today a buy order and a sell order.
The sell order was missed because 3 pips above todays high.
The buy order was missed because 4 pips below todays low.
My first buy order @ .22455 was missed too but I loaded some @.226xx, only small position
  • #261,614
  • Jun 22, 2010 8:01am Jun 22, 2010 8:01am
Quoting T@rantula
I dont follow, I trade what I see.
Interesting.. On Forex I see everything.. It was sure short just 10 min

ago and now Long.. If we all see something for sure, then we would be

a millionaires in few weeks..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #261,615
  • Jun 22, 2010 8:02am Jun 22, 2010 8:02am
Quoting mercy seat
Re-loaded at 1.2257 after unwinding previous positions near 1.227 - let's name it "jobbing"...
Unwinded it here and now at 1.2292 - ok so far - and did not last too much time
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #261,616
  • Jun 22, 2010 8:05am Jun 22, 2010 8:05am
Quoting Voodoo
we should break 1.2282 for more retrace to 1.2300 then 1.2325
Price is breaking out too close near 1.23. Anticipating a short continuation may happen near 1.2350 or 1.24
  • #261,617
  • Jun 22, 2010 8:07am Jun 22, 2010 8:07am
The one to watch is 1.2296. If it holds or is rejected as resistance then look out below...
Getting it right is NOT as important as not getting it wrong.
  • #261,618
  • Jun 22, 2010 8:12am Jun 22, 2010 8:12am
Quoting Jhig
Price is breaking out too close near 1.23. Anticipating a short continuation may happen near 1.2350 or 1.24
agree with you we will see .
ブードゥー教
  • #261,619
  • Jun 22, 2010 8:13am Jun 22, 2010 8:13am
Quoting SkyzerFX
Cable and EU forever shorts get kick in the nuts
Quoting ak4x
... OR a follow thru push lower with an initial target zone of the 4hr 50ema and middle BB down a'rd 2280/90ish

Attachment
Then PLEASE!!!! Kick me again... and again. Heck might as well go for one more while you're at it... ((add-on @ 2290... Remember that QP at 2294? ))

Attached Image


You're sounding pathetic skizzer... or maybe just frantic, I dunno. The world just won't come a'rd to your way of thinking, will it? Darn world...

"Insanity: doing the same thing over and over again and expecting different results...."
Albert Einstein
FUBAR...
  • #261,620
  • Jun 22, 2010 8:14am Jun 22, 2010 8:14am
Quoting SkyzerFX
Interesting.. On Forex I see everything.. It was sure short just 10 min

ago and now Long.. If we all see something for sure, then we would be

a millionaires in few weeks..
U need to trade what u see else ull be making losses all the time. By analyzing smartly and watching for breakouts, consolidation, indis,PA and TLs u can minimize ur losses and make profits. In order to make profit u need to lose. But its always better to cut from ur PROFIT then from ur EQUITY.

I always scale out on support, quarterpivot or resistance. Thats how u insure ur profit. For example I took a short today putting TP at 2250. I closed 1 portion of the trade at 2266 because 2262 was a strong support. 2nd part of the trade is on BE. Thus, profit is ensured. U can set trailing stop or use PSAR as a means to ensure the profit
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