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  • #318,001
  • Nov 2, 2010 10:02am Nov 2, 2010 10:02am
Quoting maurofx
No need to be sarcastic man "buddy you look like you are drawings arrows that you want to see"! I'm not playing my grey upward channel, I'm playing the retest of the brake of the blue channel. Your channel strategy (my grey one) is within a longer TF channel that has just been breached (the descending channel and the triangle formation also).
So, I believe I'mnot drawing lines I want to see.
Nice trades man!
Apologies no offence meant we may have 2 different views nice too see more than one view point happy pippin.

Was meant with best of intention .
making green pips large and red pips small this is my goal.
  • #318,002
  • Nov 2, 2010 10:03am Nov 2, 2010 10:03am
dollar index still weak imo slightly bullish on the pair...unless otherwise 4060 may be
  • #318,003
  • Nov 2, 2010 10:04am Nov 2, 2010 10:04am
Quoting druckenmillr
the Asian session could be fun as the results from the election trickle in.

stan
very good point.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #318,004
  • Nov 2, 2010 10:06am Nov 2, 2010 10:06am
Quoting paul1
Apologies no offence meant we may have 2 different views nice too see more than one view point happy pippin.

Was meant with best of intention .
Not taken pal. Your view can be right, just that I think we'll head north first. That's all. G/L!!!
  • #318,005
  • Nov 2, 2010 10:09am Nov 2, 2010 10:09am
Usdx trying excute an inverted hs at this lows & so pullback eu may not over yet , little more as expected before 3991-85 or even more , long there last perhaps .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #318,006
  • Nov 2, 2010 10:10am Nov 2, 2010 10:10am
Long. SL 3975. TP TBD.
  • #318,007
  • Nov 2, 2010 10:11am Nov 2, 2010 10:11am
Quoting druckenmillr
the Asian session could be fun as the results from the election trickle in.

stan
Well, price is certainly stalling..... London is closing and I don't see the usual activity at this time of day- So, as you say, Asia might show us more action- In general though, a LONG closing of today's bar would indicate a possible breakout of the "triangle" but I still don't see enough strength to break over 1.4154 which is my consolidation BOX 1.4154/1.3700, not even breaking over 1.4079- So I guess we are still in a sideways mode even in the midst of elections-
On the other hand, the much expected market crash to depression levels may occur after the elections and that would mean that finally they will stop containing the USD artificially and that is definitely not good for my position right now....LOL... but I'm in a position trade so I just have to seat tight and wait-
  • #318,008
  • Nov 2, 2010 10:12am Nov 2, 2010 10:12am
Quoting onemind
Its going up

I mean down

i mean up....
  • #318,009
  • Nov 2, 2010 10:15am Nov 2, 2010 10:15am
Quoting willkohsg
Hi T,
is it still a valid trade? posted 1 hour ago..
im still keeping this trade up. it is valid yes.
  • #318,010
  • Nov 2, 2010 10:16am Nov 2, 2010 10:16am
Quoting fontu
Usdx trying excute an inverted hs at this lows & so pullback eu may not over yet , little more as expected before 3991-85 or even more , long there last perhaps .
fontu
do you buy live feed of the usdx..i need a live one at least...you know where i can get it live?
  • #318,011
  • Nov 2, 2010 10:19am Nov 2, 2010 10:19am
Quoting T@rantula
How do u spot confluence? What is the basic aspect of PA trading?

Confluence backed by macd and rsi divergence are great indicators.
Posted this back in April #223252
  • #318,012
  • Nov 2, 2010 10:24am Nov 2, 2010 10:24am
Quoting moz66fx
Well, price is certainly stalling..... London is closing and I don't see the usual activity at this time of day- So, as you say, Asia might show us more action- In general though, a LONG closing of today's bar would indicate a possible breakout of the "triangle" but I still don't see enough strength to break over 1.4154 which is my consolidation BOX 1.4154/1.3700, not even breaking over 1.4079- So I guess we are still in a sideways mode even in the midst of elections-
On the other hand, the much expected market crash to depression levels may...
Of course I did not see much activity at hat time... I'm looking at my computer's clock ... not my platform's time...LOL.... is 11:23 am EST here
  • #318,013
  • Nov 2, 2010 10:28am Nov 2, 2010 10:28am
Quoting enterfx
Confluence backed by macd and rsi divergence are great indicators.
Posted this back in April #223252
Need to thoroughly read thru your post. I am not able to read it at the moment. But I will...

We need to distinguish a retracment from a reversal. And basically answer the question what a trend is?

The trend is a consecutive string of Higher highs and Higher lows or Lower highs and Lower lows. I can spot a trend on m5 m15 m30 etc...

Moreover u need to apply a correct target price depending on the setup chart where u have already spotted the trend, not on the trigger chart (if u follow the trend).

A reversal is usually a sign of trend depletion and a start of a new trend. Retracement is an ordinary pullback serving to make better entries.
  • #318,014
  • Nov 2, 2010 10:30am Nov 2, 2010 10:30am
Quoting Pipwanderer
do you buy live feed of the usdx..i need a live one at least...you know where i can get it live?
try this

http://www.netdania.com/Products/liv...Chart.aspx?m=c
" Ad praesesn ova cras pullis sunt meliora "
  • #318,015
  • Nov 2, 2010 10:31am Nov 2, 2010 10:31am
I have made many posts about trends...need to collect it and make a new thread lol
  • #318,016
  • Nov 2, 2010 10:32am Nov 2, 2010 10:32am
does any one see this has potential to go to 3780 ?

or has bears left the forum
I SEE YOU !!
  • #318,017
  • Nov 2, 2010 10:37am Nov 2, 2010 10:37am
Quoting dbfusion
does any one see this has potential to go to 3780 ?

or has bears left the forum

u will know e ans tmr
  • #318,018
  • Nov 2, 2010 10:40am Nov 2, 2010 10:40am
Quoting dbfusion
does any one see this has potential to go to 3780 ?

or has bears left the forum

1.4005

1.3981

1.3947

1.3927

R on the table 4 now

  • #318,019
  • Nov 2, 2010 10:43am Nov 2, 2010 10:43am
Quoting T@rantula
Ok now the time has come to explain something about indicators to all of u indicator followers.

Ok, first of all I dont believe in indicators. My primary method has always beenreading PA. All I need is fibos, trendlines, swing points, murrey math levels etc..

I created Black Widow system that is supposed to save time. I always analyze trend before making an entry. That analysis can take some time. With Black Widow that time is saved. Moreover Black Widow is compatible with PA trading and it should confluence with it.

There are some indicators...

..............do yourself a favour and dont trade anymore..........
  • #318,020
  • Nov 2, 2010 10:45am Nov 2, 2010 10:45am
maybe...
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