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Silent Service Method

  • #10,381
  • Aug 15, 2010 6:17am Aug 15, 2010 6:17am
another possible take on E/J. Remember, we are just above 110 - a major S/R area. I am not saying that it's a long - but just to "play devil's advocate."
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  • #10,382
  • Aug 15, 2010 11:45am Aug 15, 2010 11:45am
Quoting clockwork71
I am not saying that it's a long - but just to "play devil's advocate."
I thought that was Infinity's job?

Needless to say, August is making me tired, I like to think at least one setup would show itself each week. This week? Nothing I'm interested in.
  • #10,383
  • Aug 15, 2010 3:16pm Aug 15, 2010 3:16pm
Quoting Low
I thought that was Infinity's job?

Needless to say, August is making me tired, I like to think at least one setup would show itself each week. This week? Nothing I'm interested in.
Probably not a bad idea really, since we are probably two weeks from the volume picking up.
  • #10,384
  • Aug 15, 2010 3:21pm Aug 15, 2010 3:21pm
Quoting clockwork71
Probably not a bad idea really, since we are probably two weeks from the volume picking up.
Hi Chris
How r u doing?
Mostly me 2, I guess will take some time off, Beside weather really Hot
  • #10,385
  • Aug 15, 2010 7:19pm Aug 15, 2010 7:19pm
Quoting Low
I thought that was Infinity's job?
Gotta love it -- If everyone saw things the same way the currency in question would either go to zero or...Infinity? lol!

And it's not a job... more like a pastime! (playing devil's advocate, that is..)
  • #10,386
  • Aug 15, 2010 8:56pm Aug 15, 2010 8:56pm
Quoting egkid
Hi Chris
How r u doing?
Mostly me 2, I guess will take some time off, Beside weather really Hot

The weather is hot? In Egypt?

I am doing pretty well. Just waiting for the fall, which is my favorite time of year in Ohio.
  • #10,387
  • Aug 15, 2010 11:11pm Aug 15, 2010 11:11pm
Quoting clockwork71
The weather is hot? In Egypt?

I am doing pretty well. Just waiting for the fall, which is my favorite time of year in Ohio.
Be careful, pride precedes a fall.
Position trader - Anything intraweek is just noise...
  • #10,388
  • Aug 16, 2010 5:16am Aug 16, 2010 5:16am
Quoting Arfer Daily
Be careful, pride precedes a fall.
lol.

Perhaps I should have said autumn?
  • #10,389
  • Aug 16, 2010 5:22am Aug 16, 2010 5:22am
I wake up, and it seems that there has been a little nervousness in Europe. One can only wonder what that foretells for the autumn.

Normally there is the move in late August or early September. I suppose it's possible that it is starting already. I don't know, I would still think the volume is light, but then again - there is no real way to know the volume of forex trading. (Please don't start that discussion again...)

I think watching the levels in the stock markets is probably more important now than usual. As such, here is my SP500 chart at the moment. The fib levels are from the entire move down......from 2 years ago.
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  • #10,390
  • Aug 16, 2010 5:33am Aug 16, 2010 5:33am
Hi, Clockwork!!!!!

Nice thread You have here....


Reading this with a very big interest..... I am still at the beginning, but hope - I will grasp concept soon......


Great thread about price-trading!

Thank You for your efforts!!!!!
  • #10,391
  • Aug 16, 2010 5:37am Aug 16, 2010 5:37am
Quoting dim4ik42
Hi, Clockwork!!!!!

Nice thread You have here....


Reading this with a very big interest..... I am still at the beginning, but hope - I will grasp concept soon......


Great thread about price-trading!

Thank You for your efforts!!!!!
Thanks so much for showing up!
  • #10,392
  • Aug 16, 2010 5:38am Aug 16, 2010 5:38am
Quoting clockwork71
I wake up, and it seems that there has been a little nervousness in Europe. One can only wonder what that foretells for the autumn.

Normally there is the move in late August or early September. I suppose it's possible that it is starting already. I don't know, I would still think the volume is light, but then again - there is no real way to know the volume of forex trading. (Please don't start that discussion again...)

I think watching the levels in the stock markets is probably more important now than usual. As such, here is my SP500 chart...
On my chart I'm thinking it could reach 955 or 875 before it heads up again. But who knows?
Position trader - Anything intraweek is just noise...
  • #10,393
  • Aug 16, 2010 8:49am Aug 16, 2010 8:49am
Great thread here. I am on page 115. Only 578 to go!

This thread (& J16) has made me completely rethink how I trade and has convinced me that the short timeframes are just too much pressure and hard work for me.

Hope to make a contribution here when I have something sensible to say but really appreciate the information contained here.

All the best
Matt
  • #10,394
  • Aug 16, 2010 9:08am Aug 16, 2010 9:08am
Quoting FxMatt
Great thread here. I am on page 115. Only 578 to go!

This thread (& J16) has made me completely rethink how I trade and has convinced me that the short timeframes are just too much pressure and hard work for me.

Hope to make a contribution here when I have something sensible to say but really appreciate the information contained here.

All the best
Matt

Thanks Matt, and I look forward to your insights!

Chris
  • #10,395
  • Aug 16, 2010 9:09am Aug 16, 2010 9:09am
Quoting Arfer Daily
On my chart I'm thinking it could reach 955 or 875 before it heads up again. But who knows?

Yeah, I think a "9 handle" is in the cards before it's all said and done. But.....like all things, you should do what the charts tell you - not what you think will happen.
  • #10,396
  • Aug 16, 2010 9:45am Aug 16, 2010 9:45am
Quoting clockwork71
Thanks Matt, and I look forward to your insights!

Chris
Thanks Chris,

Just as a pointer, I have my Cable weekly chart below. Have I marked the S/R levels in broadly the right areas or have I over complicated it with too many levels?

All the best
Matt
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  • #10,397
  • Aug 16, 2010 12:09pm Aug 16, 2010 12:09pm
freebie video on the front page of the website.
  • #10,398
  • Aug 16, 2010 1:26pm Aug 16, 2010 1:26pm
SSM Traders,

Just finished reading some some stuff from Jacko's thread. Someone is in real trouble. Not surprisingly, Jacko apparently has scammed his investors. You remember that guy that FF seemed to protect (taking down threads when people questioned his legitimacy?)

Lesson learned from this. Jacko said he traded $2,000/pip positions. I will stop there. I think that right there was a big red flag. If you are trading that much, what are you doing on FF soliciting for investors. Secondly, I think FF should ask anyone who claims they are trading that much to post their statement. I don't care who they are, show us the your statement.

Besides, I think the tough but safe way to trade is learn a method/strategy (Silent Service Method, or any other) and lose your money yourself. Don't give it to some guy/girl that you don't know (have never seen a picture off, never talked to) to lose your money for you. This is a dangerous sport.

I think this is a big lesson to FF owners as well as members not to give special treatment to someone just coz they have been here for long time. I feel bad for the people that lost their hard earned money .

Happy trading SSM. Let's all be careful out there.

Kulu
  • #10,399
  • Aug 16, 2010 1:37pm Aug 16, 2010 1:37pm
Quoting kulu
....Don't give it to some guy/girl that you don't know (have never seen a picture off, never talked to) to lose your money for you. This is a dangerous sport.


Kulu
But what about these guys? I think they're totally legit.

http://i37.tinypic.com/15f0tgw.png
  • #10,400
  • Aug 16, 2010 4:00pm Aug 16, 2010 4:00pm
Quoting kulu
SSM Traders,

Just finished reading some some stuff from Jacko's thread. Someone is in real trouble. Not surprisingly, Jacko apparently has scammed his investors. You remember that guy that FF seemed to protect (taking down threads when people questioned his legitimacy?)
Interesting... Will get myself caught up on reading. Looks like the un-fun begins around Here (Around post 11,203...but it may start further back)...
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