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  • #7,061
  • Nov 17, 2011 4:18am Nov 17, 2011 4:18am
Quoting bumapatria
made anotehr easy 5 pips.


soon i will move to a more secure and better spread broker. preferabbly 1 pip spreads on majors. right now my spread is fixed 3.
Execution without any accidents or distortions and without any delays, freezing prices and or re-qoutes ... that is most important issue for a trader ...

Spread is eyecatching ... but not so important ... specially not then if you are with an finance service that has a very high tickdata-rate ... and working with multiple hubs and banking pools ...

Normally not high with online services ...

When I started to trade ... spread was fixed 5 pips on all currency pairs ... majors and minor crossies as well ...

And we were able to be succeeding with that too ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,062
  • Nov 17, 2011 4:18am Nov 17, 2011 4:18am
Quoting Raza
Take it easy Mercy!!
.........x...............x................x...................x................

We have lots of visitors here today at the bottom...
Well its good as the visitors will benefit from our trades and analysis. All good traders here..
  • #7,063
  • Nov 17, 2011 4:18am Nov 17, 2011 4:18am
Quoting bumapatria
mercy do u use elliot wave or something for such speculative style trading?

i say u got a big brain to store all that.

similar to me, people ask me why i know sometimes a litle ofeverything. price action + elliot wave + gann + planetary cycles + fibonacci + harmonics + a little fundies.

too much for a kid my age!
Mercy grabs every move in the market..His survey table forces him to take the successful trade...

If nothing works then he knows there is always Bo Diddley!
Markets are not Random, they are designed!
  • #7,064
  • Nov 17, 2011 4:21am Nov 17, 2011 4:21am
Quoting bumapatria
mercy do u use elliot wave or something for such speculative style trading?

i say u got a big brain to store all that.

similar to me, people ask me why i know sometimes a litle ofeverything. price action + elliot wave + gann + planetary cycles + fibonacci + harmonics + a little fundies.

too much for a kid my age!
Later ... later my dear ...

It's trading time ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,065
  • Nov 17, 2011 4:24am Nov 17, 2011 4:24am
Hi guys,

Elliott count update.
What to expect:
We finished big wave 1 pink. Now we are in wave 2 correction.
Currently we finished wave A green of correction, now we are working on wave B.
In this wave B we just finished impulse wave A to the downside. Now we are in complex correction area of wave B of wave B. The we suppose to expect more downside to come as we supposed to develop wave C of wave B. Then there is more upside to come as big wave C should be impulsive wave to the upside , might even end well above wave A green 1.3809.
ALTERNATIVE COUNT:
After wave 1 pink we have simple ABC correction as big wave 2 pink (retracing little above 38% of wave 1 pink).
Then we got an impulsive wave 1 to the downside as wave 1 of wave 3.
And now we are in wave 2 complex correction.

Anyway, expect more downside to come fast.
LOL

Hope it helps,
Seb
EDIT: Updated chart with alt. count on it.
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  • #7,066
  • Nov 17, 2011 4:28am Nov 17, 2011 4:28am
Quoting mercy seat
Later ... later my dear ...

It's trading time ...



;-|
Ok ... some OCO rders placed ...



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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,067
  • Nov 17, 2011 4:29am Nov 17, 2011 4:29am
awesome work flynch i suck at EW.

abcde is nice in a range and somehow now is still valid.

but bulls are being drained, and im done for the day guys! dont feel like tradingg. weird coz most profit day today....

take care spiders!
Have I got something on my face, SOLDIER?
  • #7,068
  • Nov 17, 2011 4:39am Nov 17, 2011 4:39am
When I started to trade ... there did not exist internet ...

We did not have had all those computers ... that we are used to use nowadays ...

Trading was much more costly therefore ... and even LOTS did not exist ...

Smallest Entry amount you could have been started with ... has been a million or a multiple of a million ...

That was standard ...

When I started to trade ... we have had btx later ... but commonly used or wide spread has been REUTERS and VWD and Bloomberg or Bridge Systems machines and dealing via the telephone of course ...

During those days ... I have learned to know some methods based on pivots and some very special derivates ... which do have nothing to do with Fibs or murrey or whatever ...

We had to use clumsy electronic calculators or simply a kind of abacus ... and it worked as well ...

Even much better I would like to say ... because we where forced to use our mind set ... and last but not least two eyes and precise observation ...

And demo accounts did not exist ... just for fun ... or in order to try out ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,069
  • Nov 17, 2011 4:41am Nov 17, 2011 4:41am
Quoting bumapatria
awesome work flynch i suck at EW.

abcde is nice in a range and somehow now is still valid.

but bulls are being drained, and im done for the day guys! dont feel like tradingg. weird coz most profit day today....

take care spiders!
Well done,
Take care mate.

Seb
  • #7,070
  • Nov 17, 2011 4:49am Nov 17, 2011 4:49am
Quoting mercy seat
Ok ... some OCO rders placed ...



;-|
I am flat an out of the mkt recently with various OCO orders ...

Profit stops between 1.3445 and 1.3469 has been triggered ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,071
  • Nov 17, 2011 5:04am Nov 17, 2011 5:04am
E:3467
S:3442
TP:open

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  • #7,072
  • Nov 17, 2011 5:05am Nov 17, 2011 5:05am
Quoting T@rantula
E:3667
S:3642
TP:open
typo?
Ok I will interpret that for You guys:

E: 1.3467
S: 1.3442
TP: Open
LOL
  • #7,073
  • Nov 17, 2011 5:11am Nov 17, 2011 5:11am
Quoting Flynchenberg
typo?
Ok I will interpret that for You guys:

E: 1.3467
S: 1.3442
TP: Open
LOL
haha exactly, i will correct it sorry, was too busy
  • #7,074
  • Nov 17, 2011 5:13am Nov 17, 2011 5:13am
nice 'correction'

my thoughts on USDX. its gonna drop, and bad.

not trying to scare anyone. bearish divergence too on mac-donalds.
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #7,075
  • Nov 17, 2011 5:14am Nov 17, 2011 5:14am
Quoting T@rantula
E:3467
S:3442
TP:open

Attachment
Scaling out + 20, final target 3540
  • #7,076
  • Nov 17, 2011 5:14am Nov 17, 2011 5:14am
Okay ... it is midday in good old europe ...

Time for a little rest for me ...

Currently we are trading near daily central pivotal zone again ...

But I've got that uncertain feeling ... that we have not seen the lowest of this day ...

Das ist nun einmal meine bescheidene Meinung momentan ...

See you later in NY-Session possibly ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #7,077
  • Nov 17, 2011 5:18am Nov 17, 2011 5:18am
still valid analysis
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #7,078
  • Nov 17, 2011 5:24am Nov 17, 2011 5:24am
Indeed...

I have a max of 1.38 to the upside (and then sharp reveral) but 1.365 area may prove a tough nut.
I also expect a last stop hunt for bulls today so that fits perfectly with your chart.
I have only been able to make scraps today but at least haven't lost a penny. waiting to ride the wave


Quoting bumapatria
still valid analysis
  • #7,079
  • Nov 17, 2011 5:54am Nov 17, 2011 5:54am
Quoting T@rantula
Scaling out + 20, final target 3540
BE hit +20 pips on this trade.
  • #7,080
  • Nov 17, 2011 6:21am Nov 17, 2011 6:21am
Quoting bumapatria
nice 'correction'

my thoughts on USDX. its gonna drop, and bad.

not trying to scare anyone. bearish divergence too on mac-donalds.
Do not count triangles where no triangles are.......

That will pollute your mind-setting
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