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  • #419,041
  • Apr 7, 2011 9:09am Apr 7, 2011 9:09am
Quoting kenfen69
Will move 300pips north in 4 hours between hours 19 and 23?

What will cause this move...and are you taking bets on that?
exhaustive moves can be very violent. The numbers are inline with one of my Elliott Wave scenarios, but 300 in 4h may be a bit to violent :-)
  • #419,042
  • Apr 7, 2011 9:14am Apr 7, 2011 9:14am
Quoting infinitus
exhaustive moves can be very violent. The numbers are inline with one of my Elliott Wave scenarios, but 300 in 4h may be a bit to violent :-)
Indeed. Will be interesting to watch. It will be a (freaky?) Friday...looming US guv shutdown. Time will tell.
  • #419,043
  • Apr 7, 2011 9:16am Apr 7, 2011 9:16am
Quoting suthmo
Have been in blackout, time wave distortion since we crossed north of 4310 yesterday. Price is converging back to my projection, lets see if it holds any merit? I'm not showing it going any lower than this closing 4Hr candle for today. It's all up from here and we'll be arriving at 4475 in aprox 23 hours. Please fasten seatbelts and leave trays tables in upright position.

From now
4250 11 hours
4190 19 hours
4475 23 hours
Temporal displacement fields and quantum waves?

Where did I put my tinfoil hat...
  • #419,044
  • Apr 7, 2011 9:17am Apr 7, 2011 9:17am
1.4209 still in my books smart money left a stop there next 16 hours
  • #419,045
  • Apr 7, 2011 9:20am Apr 7, 2011 9:20am
Quoting infinitus


Over the last weeks I have often drawn trendlines/channels which do not necessarily capture the wicks of the candles. Those trendlines then lay there, where real momentum was respected. I think that this TL are far more better than the one lying on the wicks
Yes exactly. On timeframe of H1 and above I sometimes ignore spikes when drawing a trendline and even with fib retracements too. I look at the volume to determine if the outliers really matter or not.

But to me talk of requiring trendlines to have three touches or more is silly. Why shouldn't two be good enough?

Connecting a swing low to a higher swing low plots an uptrend. Price may go on for many, many multiple of bars before another touch happens. Why wait till then to decide if the TL is valid or not??
  • #419,046
  • Apr 7, 2011 9:23am Apr 7, 2011 9:23am
Quoting SunTrader
Yes exactly. On timeframe of H1 and above I sometimes ignore spikes when drawing a trendline and even with fib retracements too. I look at the volume to determine if the outliers really matter or not.

But to me talk of requiring trendlines to have three touches or more is silly. Why shouldn't two be good enough?

Connecting a swing low to a higher swing low plots an uptrend. Price may go on for many, many multiple of bars before another touch happens. Why wait till then to decide if the TL is valid or not??
Personally, I draw my trendlines on specifically the last two fractal swings low and high. This allows me to have a consistent, constantly updating channel for the pairs. You can instantly see shifts in momentum, or if overall momentum is just simply slowing down.

I really need to write a quick indicator to do this for me. It gets really annoying on the 5m lol.
  • #419,047
  • Apr 7, 2011 9:28am Apr 7, 2011 9:28am
Quoting Venice
Personally, I draw my trendlines on specifically the last two fractal swings low and high. This allows me to have a consistent, constantly updating channel for the pairs. You can instantly see shifts in momentum, or if overall momentum is just simply slowing down.
That is another recommendation Tom DeMark makes - using what he calls the most recent TD points and what the rest of us call swing highs/lows of a strenght level of one (1 LL on either side of swing high and vice versa). Most recent history has the most bearing what price is currently doing. Not that further back doesn't have any effect. It sure does.
  • #419,048
  • Apr 7, 2011 9:29am Apr 7, 2011 9:29am

This fkn japan is the main enemy for bear.
Weeks ago we had a good position for sell, this japan tsunami + explosion kicked us and now again when bear is in strong position to break support that japan earthquake kicked up

You cannot learn better without losing
  • #419,049
  • Apr 7, 2011 9:37am Apr 7, 2011 9:37am
Quoting forexings

This fkn japan is the main enemy for bear.

Weeks ago we had a good position for sell, this japan tsunami + explosion kicked us and now again when bear is in strong position to break support that japan earthquake kicked up

Do you know what, i'm ass hole,the only thing that
i'm interested in is making money but this Japan thing
is people lives your talking about,have a think about that for a bit.

Sorry to everyone else.
You can remain irrational longer than you can remain solvent.
  • #419,050
  • Apr 7, 2011 9:39am Apr 7, 2011 9:39am
Quoting kenfen69
Will move 300pips north in 4 hours between hours 19 and 23?

What will cause this move...and are you taking bets on that?
The future is encrypted in the past. With the right pair of eyes you can decrypt and project forward price movement yet to occur. About 60% of the time I literally got a map of where price will go. My charts are rotating 3D tubes of liquid. We are talking Roswell level technology. Once I get my farm I'll release this and re define the world of trading analysis. Yes I am long a bit higher entry than I would have liked, but I'm aiming for the top and we are off.
Founder of Sutherland Wave Principle
  • #419,051
  • Apr 7, 2011 9:41am Apr 7, 2011 9:41am
Quoting forexings

This fkn japan is the main enemy for bear.
Weeks ago we had a good position for sell, this japan tsunami + explosion kicked us and now again when bear is in strong position to break support that japan earthquake kicked up

Wise man once said...

Patience is the key of success!
  • #419,052
  • Apr 7, 2011 9:45am Apr 7, 2011 9:45am
Was this mentioned already - Japan hit again:

"A powerful 7.1 magnitude aftershock has rocked a large portion of eastern Japan, less than four weeks after an even stronger quake left thousands of people dead and caused a nuclear power disaster".
  • #419,053
  • Apr 7, 2011 9:46am Apr 7, 2011 9:46am
Quoting jezek5
Do you know what, i'm ass hole,the only thing that
i'm interested in is making money but this Japan thing
is people lives your talking about,have a think about that for a bit.

Sorry to everyone else.
yea i don't care because they know only united states even the only atomic bomb burst there. if you kick them they will shake your leg

This reply just for you
You cannot learn better without losing
  • #419,054
  • Apr 7, 2011 9:47am Apr 7, 2011 9:47am
Quoting suthmo
We are talking Roswell level technology.
I'm almost afraid to ask, but what the hell is that?

Quoting suthmo
About 60% of the time I literally got a map of where price will go. My charts are rotating 3D tubes of liquid.
You make some bold predictions...I like that. But, I'm yet to see one play out like you have said. Maybe I've just seen part of the 40% that don't work out. I will continue to watch.

"...rotating 3D tubes of liquid," sure does sound fun!
  • #419,055
  • Apr 7, 2011 9:49am Apr 7, 2011 9:49am
Quoting forexings

This fkn japan is the main enemy for bear.

Weeks ago we had a good position for sell, this japan tsunami + explosion kicked us and now again when bear is in strong position to break support that japan earthquake kicked up

And clearly your the boy that can't trade.
You can remain irrational longer than you can remain solvent.
  • #419,056
  • Apr 7, 2011 9:49am Apr 7, 2011 9:49am
Quoting kenfen69
Wise man once said...

Patience is the key of success!
It's pathetic if the direction reverse only for 1 issue and happened more than once
You cannot learn better without losing
  • #419,057
  • Apr 7, 2011 9:50am Apr 7, 2011 9:50am
Quoting suthmo
The future is encrypted in the past. With the right pair of eyes you can decrypt and project forward price movement yet to occur. About 60% of the time I literally got a map of where price will go. My charts are rotating 3D tubes of liquid. We are talking Roswell level technology. Once I get my farm I'll release this and re define the world of trading analysis. Yes I am long a bit higher entry than I would have liked, but I'm aiming for the top and we are off.
Roswell UFO Technical Analysis?!?
  • #419,058
  • Apr 7, 2011 9:51am Apr 7, 2011 9:51am
Quoting jezek5
And clearly your the boy that can't trade.
ok fine, please hint me how to trade. I am a new trader
You cannot learn better without losing
  • #419,059
  • Apr 7, 2011 9:54am Apr 7, 2011 9:54am
Quoting forexings
It's pathetic if the direction reverse only for 1 issue and happened more than once
Sounds like you are out of patience. And if that is the key to success...maybe you should take a day or two off.
  • #419,060
  • Apr 7, 2011 9:55am Apr 7, 2011 9:55am
Quoting kenfen69
Bummer dude!

Where are you looking next?

The golf course today haha....just letting my D1 long play out. Will check back in to the charts later. Good luck!
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