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  • #564,501
  • Nov 20, 2011 10:29pm Nov 20, 2011 10:29pm
still in the range....
nothing realli happen
Patience, Emotion Control and Discipline.
  • #564,502
  • Nov 20, 2011 10:30pm Nov 20, 2011 10:30pm
Quoting FX Babie
first you have to look at price action and its a pattern you are following wait for it to be confirmed..then look at your risk reward if its favorable then go with the trade ..and now we are in a range why is he even considering taking a trade kw/o a breakout ???? sounds abit risky..
I know what it means for every1 when u are long and/or short. But what does it mean for us when u are flat? Just jk. Mornin Babe.
  • #564,503
  • Nov 20, 2011 10:36pm Nov 20, 2011 10:36pm
Quoting FX Babie
first you have to look at price action and its a pattern you are following wait for it to be confirmed..then look at your risk reward if its favorable then go with the trade ..and now we are in a range why is he even considering taking a trade kw/o a breakout ???? sounds abit risky..
If it goes 200 pips up or 50 pips down, it won't be in a straight line. Break the 200 pip trade into three or four 50 to 60 pip trades of 1% each. If it shows a major retrace while gaining these 200 pips, chances are that you will lose only one trade on this spike. Overall balance will remain in your favor and that spike won't wash away all your profits.
The Thief of Wall Street
  • #564,504
  • Nov 20, 2011 10:50pm Nov 20, 2011 10:50pm
Still bearish, price going to 1.3164 target. According to my algorithm. Previous mayor resistance
  • #564,505
  • Nov 20, 2011 10:52pm Nov 20, 2011 10:52pm
Holy cr@p, we got an early race on our hands here. Incrediblle who has blown up his last 35 accounts and has never been profitable and FxBarbie who has never had a call right in his life.

This will be a close fought race today for the day's coveted award.

I for one will keep a close watch here in anaticipation.


So, Incredibble has now amassed 7V's, is that now a new standard of stupidity or just brown nosing the other muppets???? Seriously, could he really have found 7 members here who are even less intelligent than he is? Is there really such a thing, the interwebby surprises again. And I thought I had just about seen it all on this thread.......
  • #564,506
  • Nov 20, 2011 11:01pm Nov 20, 2011 11:01pm
Quoting cloggie
Holy cr@p, we got an early race on our hands here. Incrediblle who has blown up his last 35 accounts and has never been profitable and FxBarbie who has never had a call right in his life.

This will be a close fought race today for the day's coveted award.

I for one will keep a close watch here in anaticipation.


So, Incredibble has now amassed 7V's, is that now a new standard of stupidity or just brown nosing the other muppets???? Seriously, could he really have found 7 members here who are even less intelligent than he is? Is there really such...
Lol welcome back sir. Why no posts on Friday? Too easy of a day?
  • #564,507
  • Nov 20, 2011 11:02pm Nov 20, 2011 11:02pm
Quoting gino32
Still bearish, price going to 1.3164 target. According to my algorithm. Previous mayor resistance
something like a chart would be a nice 'algorightm' gino
Have I got something on my face, SOLDIER?
  • #564,508
  • Nov 20, 2011 11:03pm Nov 20, 2011 11:03pm
I hope EUR/USD goes up with the US grand budget deal unlikely to pass.
I'm long @1.3524
  • #564,509
  • Nov 20, 2011 11:10pm Nov 20, 2011 11:10pm
Quoting bumapatria
something like a chart would be a nice 'algorightm' gino
lets see how it goes!
Attached Image (click to enlarge)
Click to Enlarge Name: BUMA.png Size: 20 KB
  • #564,510
  • Nov 20, 2011 11:13pm Nov 20, 2011 11:13pm
Quoting cloggie

So, Incredibble has now amassed 7V's, is that now a new standard of stupidity or just brown nosing the other muppets???? Seriously, could he really have found 7 members here who are even less intelligent than he is? Is there really such a thing, the interwebby surprises again. And I thought I had just about seen it all on this thread.......

At least I thought I had found a few more additions to the "intelligently challenged" list here, funny bit was though that 6 of 'm were already on it. So got all excited over nothing really, their own posts had already included them among the others not worth reading here. So stupidity does attract stupidity, guess it all sinks to the bottom at the same rate and the same time.
  • #564,511
  • Nov 20, 2011 11:25pm Nov 20, 2011 11:25pm
Quoting bumapatria
something like a chart would be a nice 'algorightm' gino
Hi Buma

A friend of mine told me that you are a very good young trader, he also told me that you are using a specific method called "go to bed kid" in which you average a return of 5% a week.

Would you care to articulate?

I thank you in advance .

mla
"The Heart is the hub of all dances; go there and chill out"
  • #564,512
  • Nov 20, 2011 11:27pm Nov 20, 2011 11:27pm
Quoting gino32
lets see how it goes!
uhhh yeah.... uhhuh.

ill hunt ur stop... kidding.

to me i think that drop is too vertical and too violent. maybe im asking too much but it wont drop that low.

do what u think is right.

either eu shoots up now or shoots down. its on my cycle lets see wtf happens. or it just passes like an ass it already is.

here is my master chart. we might get hard retrace to 61.8 if it clears the first red line (45 angle)

Attached Image (click to enlarge)
Click to Enlarge Name: gann chart.gif Size: 39 KB


here is my other cycle chart with mirroring.
damn it so close to 144.

Attached Image (click to enlarge)
Click to Enlarge Name: hizak.gif Size: 28 KB


btw dx is in rising wedge into supply level and it seems to drop. bearish divergence for USD.


@mla,

hi, yes i make easy 5% no leverage yet so far. taking it easy. too complicated. mixed up jumbled crap. Gann, price action, s/r, cycles, planetary cycles, a sucky elliot wave noob analysis, and thats all for me. i try look for good swings. if there aint i go scalp intraday with PA easy s/r breakout retest 50%'s fake setups etc...

too long in a post mla.
Have I got something on my face, SOLDIER?
  • #564,513
  • Nov 20, 2011 11:29pm Nov 20, 2011 11:29pm
Just returned to forex. Was ill for a long time.
You cannot learn better without losing
  • #564,514
  • Nov 20, 2011 11:30pm Nov 20, 2011 11:30pm
Quoting DodieMix
I hope EUR/USD goes up with the US grand budget deal unlikely to pass.
I'm long @1.3524
I was afraid that the committee's failure would put the market into a risk-off mode, not the other way around?
  • #564,515
  • Nov 20, 2011 11:36pm Nov 20, 2011 11:36pm
Quoting bumapatria
uhhh yeah.... uhhuh.

ill hunt ur stop... kidding.

to me i think that drop is too vertical and too violent. maybe im asking too much but it wont drop that low.

do what u think is right.

either eu shoots up now or shoots down. its on my cycle lets see wtf happens. or it just passes like an ass it already is.

here is my master chart. we might get hard retrace to 61.8 if it clears the first red line (45 angle)

Attachment

here is my other cycle chart with mirroring.
damn it so close to 144.

Attachment

btw...
Buma

Thanks for your kind reply,

But what about the method named "go to bed kid" anything to say about that?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #564,516
  • Nov 20, 2011 11:37pm Nov 20, 2011 11:37pm
Quoting forexings
Just returned to forex. Was ill for a long time.
Welcome back . glad to hear you fine mate . take care of the health first .
bringing the fecky frankie now in pa ! well & good to play then also , hope not this time , previously if hitted 3491 was better chance though .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd29.gif Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #564,517
  • Nov 20, 2011 11:44pm Nov 20, 2011 11:44pm
Quoting mla
Buma

Thanks for your kind reply,

But what about the method named "go to bed kid" anything to say about that?

mla
nope not really, its a nice method. but not using it much now
Have I got something on my face, SOLDIER?
  • #564,518
  • Nov 20, 2011 11:45pm Nov 20, 2011 11:45pm
Quoting bollythehobo
With regards to Steve Nison, I recall him adamantly saying he usually doesn't even trade the hanging man and inverse hanging man. He emphasized a lot on candles as an indication of investor psychology. With the wicks being as they were on Friday, I am not sure how you are confident going bullish according to Nison's philosophy. Anyway, good luck with your week.

You make a good point. The long upper wick on Friday's candle does cause me concern. However at this stage I am only really looking for long positions. Clearly the overnight price action has been very flat and certainly there is nothing there yet that would indicate the price action will actually move to the long side. Down on the 30 minute chart and also the 15 minute chart the default Bollinger Bands (20,2) have moved in flat and tight against the price action. The default Bollinger Bands on the 1 Hour chart are moving in with the 4 Hour chart being flat like the 30 minutes and 15 minutes chart. Possibly the best course of action might be to stand aside until the market makes some determination as to the direction it make take.

The Bollinger Bands are telling me that we may see a tight range followed by a dramatic breakout. At this stage there is nothing indicating whether that breakout may be to the long side or short side. Though having said that the price action has just dropped 30 pips and that could be the start of a move to the short side.
  • #564,519
  • Nov 20, 2011 11:46pm Nov 20, 2011 11:46pm
Short from .3514, perfect signal from my TS, enjoying the ride...

Good morning everyone...
Quant Hedge Fund CEO
  • #564,520
  • Nov 20, 2011 11:51pm Nov 20, 2011 11:51pm
Quoting FXMastermind
Short from .3514, perfect signal from my TS, enjoying the ride...

Good morning everyone...
and covered at .84 for 30 green ones...

Now letīs wait for what do have Brits ready for us...
Quant Hedge Fund CEO
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