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  • #305,981
  • Oct 13, 2010 12:12pm Oct 13, 2010 12:12pm
Quoting T@rantula
lets call it sideways or a consolidation. here is another picture. We are sideways yea, but trending definition is not complete without another most important indicator. look at SMAs.

Attachment

P.S: i can say its a trend change only when a crossover on SMAs happen or/if the price reaches the bottom sma
i agree. i see the same thing the reason that i didn't take any shorts so far.
more than that I am looking for 1.363 for the price where my bull run is done.
until then i will only concentrate on longs.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #305,982
  • Oct 13, 2010 12:14pm Oct 13, 2010 12:14pm
Quoting Geppy
I don't use moving averages, they're garbage. I could find a moving average to fit any bias.
That garbage bought me AUDI A5 s-line but ok...everyone has his own method.
  • #305,983
  • Oct 13, 2010 12:16pm Oct 13, 2010 12:16pm
Quoting T@rantula
right
Exactly ..........Confirmation to view
That one of my reason i say long , PA type and what is it mean
Will explain more when we reach 1.4150
  • #305,984
  • Oct 13, 2010 12:17pm Oct 13, 2010 12:17pm
Quoting T@rantula
That garbage bought me AUDI A5 s-line but ok...everyone has his own method.
I always say that there are traders who make money on MA and some traders always looking for something special...If correctly used MAs are great help...
The Market pays you to be disciplined
  • #305,985
  • Oct 13, 2010 12:18pm Oct 13, 2010 12:18pm
Quoting Geppy
I don't use moving averages, they're garbage. I could find a moving average to fit any bias.
Really??
DO u wanna Bet?
Put ur Target and i put mine the winner get V lose no posting for 2 weeks
  • #305,986
  • Oct 13, 2010 12:22pm Oct 13, 2010 12:22pm
Quoting egkid
Really??
DO u wanna Bet?
Put ur Target and i put mine the winner get V lose no posting for 2 weeks
I've already placed my bet. As stated over and over again... I'm short.
check out my blog: forexmademillionaire dot com
  • #305,987
  • Oct 13, 2010 12:22pm Oct 13, 2010 12:22pm
I start to LV the spirit and this thread
  • #305,988
  • Oct 13, 2010 12:25pm Oct 13, 2010 12:25pm
Quoting egkid
I start to LV the spirit and this thread
ME 2 <3
  • #305,989
  • Oct 13, 2010 12:27pm Oct 13, 2010 12:27pm
Quoting T@rantula
right
like i've said yesterday.

we are out of the trend. of what was a very sharp bull trend.
we are still in an uptrend. and we can develop a new angle for a trend maybe more sustanable.

i'm working on this. where 1.38 was the new higher low. and the next higher high should be at list 1.41.

so the angle of the bull trend is changing.

of course i could be wrong and 1.4 be the top and only down from here.
but i will wait for the trend to change and then short it. but for me that's below 1.37
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #305,990
  • Oct 13, 2010 12:29pm Oct 13, 2010 12:29pm
Quoting Geppy
I've already placed my bet. As stated over and over again... I'm short.
GL
Watch out where i will close my long Bro while u r under water
BTW: If I'm wrong i will stop Trading
Now let's see time will tell
  • #305,991
  • Oct 13, 2010 12:30pm Oct 13, 2010 12:30pm
In the image we can see there is strong resistance for euro at this level 1.40

so its consolidating at this movement but we can also have some trend wise

movements as it starts
Attached Image (click to enlarge)
Click to Enlarge Name: 101013-002.JPG Size: 97 KB
finding A M S
  • #305,992
  • Oct 13, 2010 12:35pm Oct 13, 2010 12:35pm
Quoting T@rantula
lets call it sideways or a consolidation. here is another picture. We are sideways yea, but trending definition is not complete without another most important indicator. look at SMAs.

Attachment

P.S: i can say its a trend change only when a crossover on SMAs happen or/if the price reaches the bottom sma
T, what SMA's do you use? By the looks of it 50, 100 and 200? Please confirm?
Thanks,
Alex
If only I knew then what I know now...
  • #305,993
  • Oct 13, 2010 12:37pm Oct 13, 2010 12:37pm
Quoting egkid
GL
Watch out where i will close my long Bro while u r under water
BTW: If I'm wrong i will stop Trading
Now let's see time will tell
Do I agree? Honestly... couldn't care less if you stop trading or not.
check out my blog: forexmademillionaire dot com
  • #305,994
  • Oct 13, 2010 12:38pm Oct 13, 2010 12:38pm
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 73 KB
  • #305,995
  • Oct 13, 2010 12:41pm Oct 13, 2010 12:41pm
Quoting Geppy
Do I agree? Honestly... couldn't care less if you stop trading or not.
I ask if u agree about that bet but seems just Bla bla bla
Too bad seems i wasted my time
  • #305,996
  • Oct 13, 2010 12:41pm Oct 13, 2010 12:41pm
Quoting egkid
he didnt' answer ...maybe he busy
I'm sorry to tell u guys
My view didn't changed and all my long In Play
This my post when PA [email protected] today
http://www.forexfactory.com/showpost...stcount=305777

PS:Remember everyone swim his own race and depends on his TF +MM he Play

I think now too, that we at least visit 1.40 again. This upward move was not ready.

<since the triangle at 3916 it is forming a flat now. In wave C position of this flat we have subwaves a and b as zigzag, now forming subwave c which should evolve as impulse.

My fib extensions project targets of

62% = 1.3989
100% = 1.4019
162% = 1.4069
  • #305,997
  • Oct 13, 2010 12:50pm Oct 13, 2010 12:50pm
abc to form wave 2
Attached Image (click to enlarge)
Click to Enlarge Name: nawa.gif Size: 9 KB
  • #305,998
  • Oct 13, 2010 12:57pm Oct 13, 2010 12:57pm
Quoting Geppy
Long-term target is 1.33 area as stated before, yes....

So we are three......, definitely

Keep on posting. I find your opinion very usefull,

Markus
  • #305,999
  • Oct 13, 2010 12:59pm Oct 13, 2010 12:59pm
Quoting egkid
Tell me if I'm wrong
Prices move impulsively since few weeks , right or wrong?
Right and wrong.

Since the top price moves in both directions clearly corrective
  • #306,000
  • Oct 13, 2010 1:07pm Oct 13, 2010 1:07pm
Dont tell me we are going back to 1.40 again.......
Look Sharp/Trade Tight
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