Look Sharp/Trade Tight
- #383,261
- Feb 9, 2011 12:08pm Feb 9, 2011 12:08pm
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
- #383,265
- Feb 9, 2011 12:10pm Feb 9, 2011 12:10pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #383,266
- Feb 9, 2011 12:11pm Feb 9, 2011 12:11pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Everything that has been said, will be said again, and again, and again....
A lot of times, will be preceded by, See, I told you!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #383,268
- Feb 9, 2011 12:12pm Feb 9, 2011 12:12pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
Type head and shoulders into the search string for FF and see how many hits you get..
Quite possibly one of the most overused terms that I have seen posted and I would speculate that observation of this candle stick pattern has led more traders to their demise then any other.
You called a H&S a couple weeks ago?
Geez man, you could go through every active trade thread on all pairs and shout the same thing...and follow up every couple weeks...
Wouldn't be all boasting about this as a call...
Hi Magix,
see attached doc. It is very interesting and supports your case.
Best to you,
Markus
- #383,269
- Feb 9, 2011 12:12pm Feb 9, 2011 12:12pm
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
Let me ask this. There have been about 10-12 pages of posts since I left. Is there anything worth going back and reading. Honest answer...thanks.
man what shitt u have been smoking
- #383,270
- Feb 9, 2011 12:14pm Feb 9, 2011 12:14pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #383,271
- Feb 9, 2011 12:15pm Feb 9, 2011 12:15pm
- Joined Oct 2009 | Status: Trader | 15,211 Posts
Type head and shoulders into the search string for FF and see how many hits you get..
Quite possibly one of the most overused terms that I have seen posted and I would speculate that observation of this candle stick pattern has led more traders to their demise then any other.
You called a H&S a couple weeks ago?
Geez man, you could go through every active trade thread on all pairs and shout the same thing...and follow up every couple weeks...
Wouldn't be all boasting about this as a call...
The funny bit is that his posts from the days following keep going on about how "toppy" and "overextended" it is. He was just covering his @rse, get a few posts in there for both scenarios and then quote the one that is convenient for you a few weeks later.
Nobody is falling for it though, he still can't trade.
He is so cr@p, it is not even entertaining anymore, just really sad to see someone embarrass himself over and over again publicly when he can't see himself how ridiculous he looks.
- #383,272
- Feb 9, 2011 12:17pm Feb 9, 2011 12:17pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #383,275
- Feb 9, 2011 12:18pm Feb 9, 2011 12:18pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Hi Magix,
see attached doc. It is very interesting and supports your case.
Best to you,
Markus
Will giver a read threw...
Candlestick patterns aren't my "Cup n Handle"...
Though I have an appreciation for the charting and movements, the follow up charts on pattern completions, I think that a lot gets lost in the painting of a chart...
In much the same way as I believe Trend Lines are improperly used, I have the same mind about the candles...
Great when they work out...sucks when they don't...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #383,276
- Feb 9, 2011 12:21pm Feb 9, 2011 12:21pm
- Joined May 2009 | Status: Trading, Not Posting | 2,130 Posts
Hi Magix,
see attached doc. It is very interesting and supports your case.
Best to you,
Markus
Thanks for posting this - looks like a valuable and useful document. I will read it when I get a chance.It's intriguing because I've often thought "what are the chances there are charts following a human body's extremity positioning and formation?" I mean, why don't we have a elbow and knee pattern, or, a nipples & crotch formation? What is charting all about, connecting stars in the sky? If it happens, it's by chance, and it's hugely interpretive, and at some point, it stops being a H&S. Before, during and after, one should follow S&R, fibs, TLs, MAs and PA, not imaginary human body formations.
- #383,277
- Feb 9, 2011 12:23pm Feb 9, 2011 12:23pm
- Joined Oct 2009 | Status: Trader | 15,211 Posts
It's intriguing because I've often thought "what are the chances there are charts following a human body's extremity positioning and formation?" I mean, why don't we have a elbow and knee pattern, or, a nipples & crotch formation? What is charting all about, connecting stars in the sky? If it happens, it's by chance, and it's hugely interpretive, and at some point, it stops being a H&S. Before, during and after, one should follow...
Inkblots, that's all it is. You can see any pattern if you want it desperately enough.
- #383,278
- Feb 9, 2011 12:24pm Feb 9, 2011 12:24pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
I mean, why don't we have a elbow and knee pattern, or, a nipples & crotch formation?
Traders would spend more time looking for these patterns, less time trading...
The reduction of the liquidity would surely cause the markets to collapse...
Amusing post...
I open mouth guffawed when I read it...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #383,280
- Feb 9, 2011 12:25pm Feb 9, 2011 12:25pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
Thanks Markus...
Will giver a read threw...
Candlestick patterns aren't my "Cup n Handle"...
Though I have an appreciation for the charting and movements, the follow up charts on pattern completions, I think that a lot gets lost in the painting of a chart...
In much the same way as I believe Trend Lines are improperly used, I have the same mind about the candles...
Great when they work out...sucks when they don't...
I admit: due to improperly use of the candles I killed three cats this afternoon. Does it help that I only killed them a bit? 