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  • #380,401
  • Feb 6, 2011 10:13am Feb 6, 2011 10:13am
not that nice at all. just simple facts.


Quoting PhAnTi'
lol....
nice one.
  • #380,402
  • Feb 6, 2011 10:23am Feb 6, 2011 10:23am
Quoting Dr.Geppynius
http://www.stansberryresearch.com/pr...VD/PPSIM129/PR



nice add , from porter to get some subscribers ...
  • #380,403
  • Feb 6, 2011 10:27am Feb 6, 2011 10:27am
there is enough free stuff, i've been following them since a long while without subscribing and in the big picture very valuable stuff besides all this fundamental chatter out there.

Quoting PrymeTyme
nice add , from porter to get some subscribers ...
  • #380,404
  • Feb 6, 2011 10:46am Feb 6, 2011 10:46am
Hello Trader,

the moves of the past two days ended at Friday night at a pivotal point. I pitchforked a little bit. We excactly stopped at the lower boundary of an uptrend pitchfork. This area is at the same time 38.2% retracement of the latest uptrend on a fib-fan.

Now testing both from the lower side.

In the accelerated pitchfork channel (to the downside) price is now testing the upper trendline of it.

Others came up with other trendline-support right under the actual price. All was convincing.

Can go up, can go down........

Sentiment data at Thursday indicated only 8% USD bulls left. That is the stuff trend changes are made of. COT Data suggests, that dumb money abandoned their short positions in EURUSD, right before the Euro dropped. That is what we are expecting from dumb money :-)

What we can not deny is the structure of the move down. Even when I try very hard, I can not count the drop as a corrective move. What does that mean? It means, that we will likely see another 5 wave drop after a correction to the upper side, which should lead us to around 3428, just another pivotal point. It is not onlyx the 0/8 MMTL on 4h chart with p=64, it is the area of the red wave 4 on my chart.

Looking at the 4h chart I see in this impulse down no extended wave. We should see one. So I think, that this impulse down is not done already. Either we will see an extended wave 5, or we are only on the way to build an extended wave 3. The latter case will bring us further down than the first case. When this impulse down is ready we should be at or below 3428.

When the whole wave aqua 3 is done we will be likely south of 1.18. A 162% move (compared to wave aqua 1) will bring us near 1.17. Aqua 5 will bring us eventually sub parity. But that won't be the end of the moves down in this case.

I know, I know, this is my most bearish count. There are other counts out, that see us in a kind of downsloping triangle with targets between 1.24 and (if I remember correctly 1.12).

Some people say, that with the recent move down most indicators are in oversold territory. Indicators can stay longer in overbought/oversold conditions than one can stay liquid. Take a look at the first chart at the lower part of wave orange B.
The stochs on that chart stayed over 300 pips in overbought territory. Same for RSI 14.

The absolut pivotal point for me will be the 3428 to 3306 area. When prices bounce up from here havily, the whole move down may be only a correction with new highs to come afterwards.

But this scenario is my alternative and chances right now (especially seen in light of sentiment data) favor above shown main count.

So far so good. I have to run. My girlfriend Maya will kill me with her dog Frodo when I will be to late this evening.

Catch you later or tomorrow,

best wishes,

Markus
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 02062011 4h evening main count bearish eurusd c.jpg Size: 162 KB
Click to Enlarge Name: 02052011 pitchfork.jpg Size: 186 KB
  • #380,405
  • Feb 6, 2011 10:52am Feb 6, 2011 10:52am
Quoting kill56
try this all TF"S need to change the time frame ,

i will work on the rollover
Hi Kill,

hope all is well.

What did you change in this indicator. Am asking because I use the "original".


Best wishes,

Markus
  • #380,406
  • Feb 6, 2011 11:05am Feb 6, 2011 11:05am
Quoting infinitus
Hi Kill,

hope all is well.

What did you change in this indicator. Am asking because I use the "original".


Best wishes,

Markus

hey Markus


befor it was only daily now u can use it in all TF's from m1 to monthly but u need to change the time frame as u need ,

best of luck this week lets make a green one
  • #380,407
  • Feb 6, 2011 11:09am Feb 6, 2011 11:09am
Quoting Dr.Geppynius
awesome beginnning of the day

says he who uses mt4 with a broker defined daily bar close and...now wait for it...MACD
It would be amusing if what you said actually mattered, but beings how you kinda missed the boat on accuracy, your words are more meaningless tripe...

Go and have a look at any of the charts I do post G.

And perhaps If you wanna get an understanding of how I trade, maybe take a walk through my thread.

One thing your probably not aware of, is that while I was poking brother Mal in the ribs in here, I had him on Skype, razzing his ass as well...mucking his frag count in halo, and catching up...

An observation of true daily roll is important, but being able to have a quick glance at a couple of free tools for immediate direction can make for some nice entries too...

Good luck on your week...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #380,408
  • Feb 6, 2011 11:19am Feb 6, 2011 11:19am
Quoting Magix
It would be amusing if what you said actually mattered, but beings how you kinda missed the boat on accuracy, your words are more meaningless tripe...

Go and have a look at any of the charts I do post G.

And perhaps If you wanna get an understanding of how I trade, maybe take a walk through my thread.

One thing your probably not aware of, is that while I was poking brother Mal in the ribs in here, I had him on Skype, razzing his ass as well...mucking his frag count in halo, and catching up...

An observation of true daily roll is important,...

wise man

try this still under test
Attached Image (click to enlarge)
Click to Enlarge Name: 15m eur.gif Size: 17 KB
Attached File(s)
File Type: mq4 MACD_Divergence.mq4   9 KB | 273 downloads
  • #380,409
  • Feb 6, 2011 11:21am Feb 6, 2011 11:21am
whatever

i would prefer going to the casino for bigger fun than trading crosses of historical values. that for the meaningless part

i only play real-life halo.

have a good week too, having these is part of my trading approach

Quoting Magix
It would be amusing if what you said actually mattered, but beings how you kinda missed the boat on accuracy, your words are more meaningless tripe...

Go and have a look at any of the charts I do post G.

And perhaps If you wanna get an understanding of how I trade, maybe take a walk through my thread.

One thing your probably not aware of, is that while I was poking brother Mal in the ribs in here, I had him on Skype, razzing his ass as well...mucking his frag count in halo, and catching up...

An observation of true daily roll is important,...
  • #380,410
  • Feb 6, 2011 11:27am Feb 6, 2011 11:27am
Quoting kill56
wise man

try this still under test
Nice killer, will add to a set of charts....

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #380,411
  • Feb 6, 2011 11:31am Feb 6, 2011 11:31am
Quoting Dr.Geppynius
i would prefer going to the casino for bigger fun than trading crosses of historical values. that for the meaningless part

i only play real-life halo.

have a good week too, having these is part of my trading approach


Again...missed the boat...

Lemme guess, when you're leaping over mountains and walking across water, you're also keeping eyes out for another leper colony to heal...

You truly are a god amongst men.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #380,412
  • Feb 6, 2011 11:39am Feb 6, 2011 11:39am
Quoting gatorinla
im not anticipating nothing unless shots ring out. but i got 3769.9 3752.1 3660.6 3548.1 i skipped a bunch.. #s are close indicating a sausage factory. if i get a long signal ill probably take it.
for entertainment purposes only.
those who can, do. those who cant, talk about those who can
  • #380,413
  • Feb 6, 2011 11:44am Feb 6, 2011 11:44am
Quoting mokonni
Euro has Germany, the dollar has nothing.

Nassim Taleb: Two lousy bets every investor should avoid

'Black Swan' author says steer clear of Treasuries, U.S. greenback; 'Euro has Germany, the dollar has nothing'

http://www.investmentnews.com/articl...FREE/110209947

for now the euro has germany... who's to say they won't bail out of the euro and return to their duetch mark (spelling?)

there are weaker countries in the euro stopping germany to advancing further... it may only be a matter of time... i personally think the euro is way over valued...
  • #380,414
  • Feb 6, 2011 11:45am Feb 6, 2011 11:45am
Quoting Dr.Geppynius
http://www.stansberryresearch.com/pr...VD/PPSIM129/PR
THANKS

SHAMU
New voice message: Why are you calling me? If I need you, I'll call you!
  • #380,415
  • Feb 6, 2011 11:48am Feb 6, 2011 11:48am
possibility of a drop to 3483 still exists before continuing north to 4281

i will continue holding longs and take smaller scalps as they come.

http://img411.imageshack.us/img411/2959/get.gif
  • #380,416
  • Feb 6, 2011 11:50am Feb 6, 2011 11:50am
but i am not as skilled as you when it comes to throwing poo

Quoting Magix


Again...missed the boat...

Lemme guess, when you're leaping over mountains and walking across water, you're also keeping eyes out for another leper colony to heal...

You truly are a god amongst men.

  • #380,417
  • Feb 6, 2011 11:50am Feb 6, 2011 11:50am
Quoting kill56
hey Markus


befor it was only daily now u can use it in all TF's from m1 to monthly but u need to change the time frame as u need ,

best of luck this week lets make a green one
Thanks a lot Kill :-) Great work.

What do you suggest:

on 5min TF I set it to 15,
on 15min to 60
on 60min to 240
on 240 to daily

What do you or Gatorinla think?

The last weeks I worked with the original fibospud and took a secondary fib indicator, called "fibos" additionally on each TF.

Fibospud showed the daily levels, and "fibos was set to look 64 candles back (64 because I use Murrey Math a lot, in this way they would harmonize somehow - maybe, anyway, that was my intension).

Best to you,

Markus
  • #380,418
  • Feb 6, 2011 11:52am Feb 6, 2011 11:52am
Quoting gatorinla
done... next in this order. ?????????? we did get a bounce after like we should.. #4 3752.1... after it a decent move anticipated IF we fall ...
4,5 and 6 posted// lets c if 38066 caps it atm
#377999 3rd wave completed. heres the original third chart sited in above post completed. #378333
Attached Image (click to enlarge)
Click to Enlarge Name: bear 3.PNG Size: 25 KB
those who can, do. those who cant, talk about those who can
  • #380,419
  • Feb 6, 2011 11:54am Feb 6, 2011 11:54am
http://img543.imageshack.us/img543/6856/gets.gif
  • #380,420
  • Feb 6, 2011 11:55am Feb 6, 2011 11:55am
Quoting Dr.Geppynius
but i am not as skilled as you when it comes to throwing poo
That talent is both a gift and a curse G...

Truly a craft to be done naked, no indicators needed, just a great nose for the spot, and keeping the throwing arm warmed up...

I won't tell you how, but will share a little story...

The other day, I was walking the produce aisle to augment my dinner menu. Spotted one lady breast feeding her child...All of a sudden, this old lady starts a hollering, "That's horrendous, you cannot do that in a public place"...

In retrospect, it might have been the wrong time and place to rub one out...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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