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  • #8,421
  • Dec 1, 2011 3:04pm Dec 1, 2011 3:04pm
Quoting infinitus
Hi FXcube,



And BTW, you can not leave us here alone. You are probably the only qualified shrink here (Master of Psycholgy)
Markus,

There is two of them here....


Seb
  • #8,422
  • Dec 1, 2011 3:09pm Dec 1, 2011 3:09pm
Quoting T@rantula
This is Simple anlaysis that is so obvious.

Equidistant channel and additional bullish channel make 2 way option. with clear s/r levels.

Remember this and you will be fine:

While above 3350 we are in UPTREND and the target is 3700.
Below 3370 ( 50) target is 3240.


Blue channel is equidistant channel . Look at the MOMENTUM candel. It broke UP with CBs interventions thus creating a CLEAR Bullish sub channel which has been retested.Look how price respects that. ( red sub channel where 1 support is blue top equidistant channel


This is...
As I am not thinking in grafical approach ... and only in levels ... and I just do use graphs for observation ... I would like to prefer just in Text form ...

Just as in your example ... and just the way as before ...

Specially as I want to go back to my old trading style by the time ... when no charts has been needed for me ...

I'm not using much grafic things and don't like to add things like arrows or text or something like that in charts ...

I do have my simple alert lines ... und gut iss ... sometimes I only react on accustical phenomenons ... hard to explain ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #8,423
  • Dec 1, 2011 3:10pm Dec 1, 2011 3:10pm
Quoting Flynchenberg
Markus,

There is two of them here....


Seb
Hahah, yes another one I know that. Well guys psychology is of HUGE importance in FX trading. And I mean it. HUGE. And that can be a line which separates good traders with bad psychology and so-so traders with great psychology. Guess who is more successful?
  • #8,424
  • Dec 1, 2011 3:11pm Dec 1, 2011 3:11pm
Quoting Flynchenberg
Markus,

There is two of them here....


Seb
Who is that? hehe
  • #8,425
  • Dec 1, 2011 3:13pm Dec 1, 2011 3:13pm
Quoting dbfusion
but posts like I made x amount of pips after the move happens is a big NO NO .

it doesn't contribute to anything in the thread .
no insight , no analysis and a suspicious claim with no proof .

what did you or me or any one gain if I said for example :

bought EUR @ 3453
booked 15 + pips !!

and price is already @ 3467 and was at that price 20 minutes ago ?!


this kind of posts shouldn't belong here .

but if you would say I sold EUR @ 3467 and...
Exactly and ofcourse everyone can benefit if they are on the same side and line You can count on another good traders trade ( you can actually take the trade if u agree with an entry but u didnt have time to spot it.)
  • #8,426
  • Dec 1, 2011 3:14pm Dec 1, 2011 3:14pm
Quoting T@rantula
Hahah, yes another one I know that. Well guys psychology is of HUGE importance in FX trading. And I mean it. HUGE.
I would even claim that psychology is far the most important, if a trader is not able to put oneself in another trader´s shoes, he´s not able to understand the market behavior and its irrationality.
  • #8,427
  • Dec 1, 2011 3:17pm Dec 1, 2011 3:17pm
Quoting 2046
Levels today

R3 361
R2 356
R1 352

S1 342
S2 339
S3 335
Recap from 20h ago :
Levels were based on h1 ichimoku which has shown to be out of scale for intraday. nevertheless R1/S1 were respected closely.
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  • #8,428
  • Dec 1, 2011 3:17pm Dec 1, 2011 3:17pm
Quoting mercy seat
As I am not thinking in grafical approach ... and only in levels ... and I just do use graphs for observation ... I would like to prefer just in Text form ...


;-|
Your txt looks interesting and pretty modest and its full of numbers, I would like if you could explain it a bit more thoroughly
  • #8,429
  • Dec 1, 2011 3:19pm Dec 1, 2011 3:19pm
Quoting FX-Ray
I would even claim that psychology is far the most important, if a trader is not able to put oneself in another trader´s shoes, he´s not able to understand the market behavior and its irrationality.
Yes and handling the trades, its also done by a trader's psyche.
  • #8,430
  • Dec 1, 2011 3:21pm Dec 1, 2011 3:21pm
Quoting 2046
About to end the day with a doji, with a missing US session

The falling wedge could introduce a strong bullish reversal soon. Any thoughts on this?

For Ichimoku the outlook for higher TFs is unchanged from yesterday and remains bearish.
and this is recap from Nov 24 - the last mid term outlook chart I posted, then and now..
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  • #8,431
  • Dec 1, 2011 3:25pm Dec 1, 2011 3:25pm
Quoting infinitus
Hi FXcube,

why do you want to leave? No need to write down a dissertation, but where is the gain in knowing where someone went long or short without knowing the thought process?

Had never the feeling that this place was meant to be a trading journal.

T@ra stated in the thread rules:

This thread will be for live discussion regarding the trades and setups.

Your charts and information (you gave) were very good and self explanatory.
There were a visible reasoning behind your trades. That was fine for me.

So I do not see the point why you...
See #8405

Oh sorry Markus.
So I have completely misunderstand your comment, much to my regret.
I beg your pardon!
So it's a pleasure for me to post my comments further here on board here and there.
Best wishes from Switzerland.
FXcube
  • #8,432
  • Dec 1, 2011 3:25pm Dec 1, 2011 3:25pm
Quoting mercy seat
Aha !

But we have had a closing at Friday at around 1.3233 ...


That's why ...
Hi Mercy,

well, strange, Duka has a Friday close of 32376


Hmm, think I have to telephone with them. And even FXCM has this fault.

Or do they their weekly roll at different times, like the London close?
  • #8,433
  • Dec 1, 2011 3:32pm Dec 1, 2011 3:32pm
Quoting infinitus
Hi Mercy,

well, strange, Duka has a Friday close of 32376


Hmm, think I have to telephone with them. And even FXCM has this fault.

Or do they their weekly roll at different times, like the London close?
Markus ... in your previous post you wrote Duka has had a close at 1.33093 ...

Not 1.32376 ...

Was denn nun ...?

If you put 1.32376 in that calculator ... then I think you would get a similar result as actionforex or mine ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #8,434
  • Dec 1, 2011 3:39pm Dec 1, 2011 3:39pm
Weekly closing is commonly used by NYSE close or Chicago close ...

But that makes not soo much difference then anymore ...

One or two points difference in weekly pivotal calculation only ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #8,435
  • Dec 1, 2011 3:54pm Dec 1, 2011 3:54pm

Hello T., let me address some points in red.

Hello Markus,


I can show my statement to anyone who i meet in person. Also I share myfxbook.com account with real time trades and account info which i use for solely fpr business purposes.

I do not want to share my statements with anyone - only the taxman

I trade on Mt4 and I have been trading successfully for years. I can justify all my trades and I make a living from forex market.

Maybe you can get better prices with an other platform. A pip here, a pip there, you know what I mean......

So people, if anyone wants to see my account and my trades come and meet me, dont have any problem. Others ( investors) know how I trade and they dont post here on FF.

About the thread.

The point is we can talk about analyses etc, but money is not made just thru analyses. Its all tell tales.

Everyone knows that: You can be a good analyst and a bad trader. Main problem for that is likely the bad imbalance between greed and MM

My levels I post are NOT Murray math levels. Those levels are quite more precise then Murrey Math and people who base there systems or trades on those levels thank me every day via private messages.

Many in FF claim that their levels are more precise than MM-levels. Have not run a study to prove that. One of the masters of levels, Cloggie, love him or hate him, had his levels oftentimes within 1 or 2 pips of MM. But that aside. Main point is, that MM delivers not only the levels, it delivers statistical likelihood with each level. That was my point. There are thousands levels a day which can be reached, but where is the turning point.

While i was posting on EURUSD ( i will never post on that thread again ) I met many fakes would be traders and all is BLA BLA BLA.

Here on this thread I met many real time and REAL traders which always POST a proof of their trades ( I wont name them just in case I forgot someone).

SO the forum rules are clear. Post the trades with PROOF.

If someone doesnt want to post here, i understand its ok. But this thread is and will be the place where REAL traders are and REAL traders post their REAL entries. We can talk about anything, we can analyse etc, but the main purpose of the thread is to post real time analyses and trades ( mostly intraday) so we can discuss them REAL TIME.


I dont like Mercy's way of posting lately as those were calls after the fact without any proof. I also got some complaints from the people that he is being rude and I wont tolerate this. We already spoke.

Well, Mercy has posted such a boatload of valuable information over the last months and his spreadsheet is most of the time one of the best resources one can find regarding pivot based trading.

Yes, over the last weeks it sems that he is scalping aggressively. As a scalper I am I know that it is most of the time impossible to document the trades here real time.

But as the good observer I am I can honestly state that he is not the first and only person here stating trades after the fact or without 100% proof.

But knowing Mercy for some time now I can state that he admits his losses too. There are only few who state losses here. You, Tara, are one of them too.



This is REAL TIME trading thread open for many sort of friendly conversation but we are here to make money.

I react I dont predict.

In order to react, you have to predict. My slogan is: do not count what you believe, count what you see. But it is in some kind of way wrong too.

Everytime we take a trade we weight the chances against the risk. In order to do that we have to make a prediction. Therefore we use our edges in the market: PP, TL, channels or what so ever. The prediction is: if price goes below that level it will go to that point. The reaction than is eventually a short position in this case.
  • #8,436
  • Dec 1, 2011 3:57pm Dec 1, 2011 3:57pm
Quoting 2046
same to you!

Just to clarify - I have the opportunity a few times a day to check, enter, exit and modify trades during work hours and on the way remotely. It's the extra time that I cannot afford to make meaningful contributions here.
Have to talk with your boss
  • #8,437
  • Dec 1, 2011 4:05pm Dec 1, 2011 4:05pm
Quoting Flynchenberg
Markus,

There is two of them here....


Seb



Seeeeeeeeb, did not know that piece of information.

Great, there seems to be cure for me here in this thread. Who can say he has his daily dose of two shrinks? :-)

So I have a question: How you call that desease that let me stir this pot here today?


Have you noticed my dedication to in my postings? Am I ripe for an exorcism?


Btw: miss your counts of this weirdo action as of late :-)
  • #8,438
  • Dec 1, 2011 4:07pm Dec 1, 2011 4:07pm
Quoting mercy seat
Markus ... in your previous post you wrote Duka has had a close at 1.33093 ...

Not 1.32376 ...

Was denn nun ...?

If you put 1.32376 in that calculator ... then I think you would get a similar result as actionforex or mine ...
Hi Mercy,

weekly close was 3309, but daily close on Friday was 3237

That is the problem......
  • #8,439
  • Dec 1, 2011 4:11pm Dec 1, 2011 4:11pm
Quoting Forexcube
See #8405

Oh sorry Markus.
So I have completely misunderstand your comment, much to my regret.
I beg your pardon!
So it's a pleasure for me to post my comments further here on board here and there.
Best wishes from Switzerland.
FXcube

Nooooo, maybe my fault today. Sometimes it is hard to say what one thinks and hard to think what one says :-)

I am eager to see your next chart or whatever.......


BTW: Snow in my beloved Switzerland? EURCHF back to 1.60 till first week of January (ski-time)?
  • #8,440
  • Edited 4:26pm Dec 1, 2011 4:15pm | Edited 4:26pm
Quoting T@rantula

Now I hope u have learned something
my friend
I hope I will not dissapoint you ,but nothing that you said was new for me.

I can understand your Point off view its not so much diff then mine but look there is no diff. if you can see what the volumes are and on which side ,
but in essence all matters is which side has more volume there are ways to calculate it thats all im saying and I know U have slightly diff strategy then me thats humanity in itself diff people have always diff Point off view.

btw Im following abit your trading , and youre doing great.

Cheers
aligater
born to speculate
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