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  • #373,421
  • Jan 26, 2011 6:24pm Jan 26, 2011 6:24pm
Quoting Chicky
.
next time its "Be A Dick" day. pm me.. so i can dress for it.
those who can, do. those who cant, talk about those who can
  • #373,422
  • Jan 26, 2011 6:26pm Jan 26, 2011 6:26pm
m1
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  • #373,423
  • Jan 26, 2011 6:30pm Jan 26, 2011 6:30pm
I've seen this 8 candle trend reversal set-up before, can't remember where...
  • #373,424
  • Jan 26, 2011 6:30pm Jan 26, 2011 6:30pm
Quoting gatorinla
7 is fine.. 8 or 9 is good too.
heck no 8 is ugly 9 is horny and i am out of the blue thing
  • #373,425
  • Jan 26, 2011 6:31pm Jan 26, 2011 6:31pm
Quoting Purple
now google 'nonsense' and count the number of search results it gives you back.

This is amusing and "all that", but the 7 candle strategy is a strategy proposed by Kathy Lien. The problem is different borkers, different candle closings...

Knowledge is power...

http://www.investopedia.com/articles...n-day-fade.asp
  • #373,426
  • Jan 26, 2011 6:32pm Jan 26, 2011 6:32pm
Quoting Chicky
LOL, I am sorry. Was just enjoying.
This is entertaining. Earn, learn & fun at the same time
  • #373,427
  • Jan 26, 2011 6:32pm Jan 26, 2011 6:32pm
as stupid/weird as this may sound, you also have to feel the market, get in with it's rhythm and don't fight it. and the only way to achieve that is not to think much. leave your brain at the door some say.

hard to explain but probably some people know what I'm talking about.

Quoting andelumut
that's true brother,,,
trading is simple,,,

trading was between loss and profit,,,

everyone has analysis and a different way of seeing,,,

My advice,,: hear no evil, see no evil, trading like devil,
  • #373,428
  • Jan 26, 2011 6:34pm Jan 26, 2011 6:34pm
I think this is where it comes from...
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  • #373,429
  • Jan 26, 2011 6:36pm Jan 26, 2011 6:36pm
Getting back to the euro, I see that this is a major resistance point around this range of 1.3690-1.3720, Major supply for shorts at 1.3720,which in take means the bigs are waiting for this to hit, and possibly kill the euro back down to 1.32 before having it make another decision. The trend is always your friend, until it becomes flat, which usually signals a reversal. US data has been much better than expected, which leaves me to believe someone will eventually let go of their dollar shorts and join/make a new trend whether it be for only 5-10 days, but could very well be as volatile as this uptrend. Thats my opinion based off my research, does anybody agree or disagree to my synopsis?
  • #373,430
  • Jan 26, 2011 6:38pm Jan 26, 2011 6:38pm
Quoting attila
as stupid/weird as this may sound, you also have to feel the market, get in with it's rhythm and don't fight it. and the only way to achieve that is not to think much. leave your brain at the door some say.

hard to explain but probably some people know what I'm talking about.
I know what you mean,,
and I like your thinking,,

trading is simple, moving in step with the price, because the analysis is only an analysis
only an analysis, and I'm always wrong, don't follow me,
  • #373,431
  • Jan 26, 2011 6:38pm Jan 26, 2011 6:38pm
td http://www.forexfactory.com/showthread.php?t=224581
  • #373,432
  • Jan 26, 2011 6:43pm Jan 26, 2011 6:43pm
coffee time
  • #373,433
  • Jan 26, 2011 6:44pm Jan 26, 2011 6:44pm
Quoting kill56
heck no 8 is ugly 9 is horny and i am out of the blue thing
i dont know about 7 candle atm.. this think is making my pc squeal.. like a pig.. like its gonna blast off.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #373,434
  • Jan 26, 2011 6:44pm Jan 26, 2011 6:44pm
gonna print a new high???
  • #373,435
  • Jan 26, 2011 6:45pm Jan 26, 2011 6:45pm
Quoting kill56
coffee time
07:45 AM
  • #373,436
  • Jan 26, 2011 6:46pm Jan 26, 2011 6:46pm
don't know but i took a long to 18ish
Quoting FibbinArchie
gonna print a new high???
  • #373,437
  • Jan 26, 2011 6:48pm Jan 26, 2011 6:48pm
I am convinced we should see a move down towards 1.3662 ... or even below that again ... maybe towards 1.3633 - 1.3611 in case of an extention ...

So why not simply sell here at 1.3712 (one stake) ... at 1.3720 (3 stakes) ... at 1.3730 (6 stakes) ... at 1.3738 (10 stakes) ... at 1.3757 (20 stakes) ...

And a stop loss or even a stop reverse (80 stakes) above 1.3780 area ...


Switch off screen and not watching it ... put some convenient limit orders ... and doing some useful things elsewhere ... order some call limits ... if needed in typical areas of reaction ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #373,438
  • Jan 26, 2011 6:49pm Jan 26, 2011 6:49pm
Quoting TheGrind
This is amusing and "all that", but the 7 candle strategy is a strategy proposed by Kathy Lien. The problem is different borkers, different candle closings...

Knowledge is power...

http://www.investopedia.com/articles...n-day-fade.asp
I am pretty sure if Eur/USD reverses today it will be because Kathy Lien said they reverse after 7 days and nothing else.

I am die hard fan of this strategy and I always make money out of it. I am not challenging Ms. Kathy Lien's strategy and thank her for coming out with this wonderful strategy.

But according to poster's original post some 2-3 pages back he said tomorrow's close will be the 7th green candle, which I am saying is untrue because today's close is 7th green candle and tomorrow's close will be 8th is we get it. As simple as that.
  • #373,439
  • Jan 26, 2011 6:52pm Jan 26, 2011 6:52pm
Quoting buonvangvn
07:45 AM

3.45am need it to sleep
  • #373,440
  • Jan 26, 2011 6:53pm Jan 26, 2011 6:53pm
Quoting gatorinla
i dont know about 7 candle atm.. this think is making my pc squeal.. like a pig.. like its gonna blast off.
http://www.youtube.com/watch?v=yj4LnfkdJDM
lol it should expload
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