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  • #573,001
  • Dec 11, 2011 9:06am Dec 11, 2011 9:06am
H&S?
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  • #573,002
  • Dec 11, 2011 9:14am Dec 11, 2011 9:14am
Quoting cloggie
This has been an interesting weekend. The UK vetoed the change...
Nice sum up.

T
"I know one thing, that I know nothing." Sokrates
  • #573,003
  • Dec 11, 2011 9:18am Dec 11, 2011 9:18am
Quoting Tom_D_Trader
Ah, tunnel analysis. Do you know Vegas Tunnel method? Quite a nice one, I have tested it. It is great but it is incredibly hard to be at computer when it reaches tunnel wall, as it gives signals three times a month.

I disagree with the keep it simple part though. I have heard this statement several times, and it is nonscence. Try to tell it to a fund manager in a bank, who has team of analytics to do maths and team of fundamental analysts to watch the news that trading is simple. It is not. It is pretty tough job in fact. Nevertheless, I acknowledge...
Look, the price point goes up and then it goes down. All the analyses in the world will not change that. Use a few indicators that works for you and then position accordingly. If you understand the patterns to a predictable degree, you should experience more wins than losses.

Most banks are not healthy and most of them have made wrong decisions based on all the analysts. It is a tough job to make money but it's not that complicated.
Taigen Profit This Month: na
  • #573,004
  • Dec 11, 2011 9:24am Dec 11, 2011 9:24am
Quoting Tom_D_Trader
Hi,

hmarket ranging down toward 1,32. Although hope is gone, new dark force of coordinated CB together with China emerged. This is signifficant threat and another coordinated intervention could provide short squeeze. So I expect ranging market down and will be watching news.

Edit: Edit for the ones who are interested in S/R system. Main lines are Turqoise. Solid lines are strongest ressistances which create zones, dotted are old ressistances which are weakening as time goes. Grey are H1 ressistances.

GL all,

Tom
please dont forget to keep things simple
there is one principle
' when a trend becomes obvoius for too many it is not a trend anymore and will certainly change soon'

'You must be the change you wish to see in the world' . Gandhi
  • #573,005
  • Dec 11, 2011 9:36am Dec 11, 2011 9:36am
Quoting Taigen
just open your account on Trade Explorer and be done with it. Then we wouldn't have to listen to what you are SAYING but what you are DOING. Cloggie and Turveyd and others of you, I would make a challenge: open your account numbers for all to see. Otherwise you guys are just blowing smoke.
one very correct post!
'You must be the change you wish to see in the world' . Gandhi
  • #573,006
  • Dec 11, 2011 9:42am Dec 11, 2011 9:42am
I don't understand how anyone who gets so riled up on an internet forum such as this could possibly be successful at forex trading. It seems like if there was anywhere one would want to keep their emotions in check, it would be in this business. All caps, huge font, changing colors....it all indicates a lack of self-control.

I save emotion for my family and my real job where I work with a bunch of idiots.
  • #573,007
  • Dec 11, 2011 9:50am Dec 11, 2011 9:50am
Quoting Tom_D_Trader
Ah, tunnel analysis. Do you know Vegas Tunnel method? Quite a nice one, I have tested it. It is great but it is incredibly hard to be at computer when it reaches tunnel wall, as it gives signals three times a month.

I disagree with the keep it simple part though. I have heard this statement several times, and it is nonscence. Try to tell it to a fund manager in a bank, who has team of analytics to do maths and team of fundamental analysts to watch the news that trading is simple. It is not. It is pretty tough job in fact. Nevertheless, I acknowledge...
KISS is subjective meaning dont keep second guessing your original educated guess in forex
  • #573,008
  • Dec 11, 2011 9:51am Dec 11, 2011 9:51am
Quoting Taigen
Look, the price point goes up ...
And the point is?
"I know one thing, that I know nothing." Sokrates
  • #573,009
  • Dec 11, 2011 9:53am Dec 11, 2011 9:53am
Quoting Taigen
just open your account on Trade Explorer and be done with it. Then we wouldn't have to listen to what you are SAYING but what you are DOING. Cloggie and Turveyd and others of you, I would make a challenge: open your account numbers for all to see. Otherwise you guys are just blowing smoke.

I will be opening a new account at the beginning of January (probably a 2k or 10k account) then you guys could see me in my successes and failures. I challenge everyone to open a Trade Explorer account. The only reason...

Yup, that is really going to improve your trading, you may actually get a few vouches from some other brownnose kids, that should add to your bottom line.

Guess you missed what I was saying in an earlier post entirely.

Nobody but a few other gambling kids is going to care. Why don't you focus on learning to trade instead and then maybe in a year or 10 you can contribute to the discussion here effectively, until then you will probably get better odds in a casino.

I sure am adding to my iggy list here in quick succession.
  • #573,010
  • Dec 11, 2011 9:54am Dec 11, 2011 9:54am
Quoting demoreal
H&S?
Good see , very possible & actually for only without intervention spikes this time or even a sky falling effects below the ground .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #573,011
  • Dec 11, 2011 9:54am Dec 11, 2011 9:54am
Quoting Nordic
I don't understand how anyone who gets so riled up on an internet forum...
Sometimes I click ignore button so fast that my mouse actually catches fire.

T
"I know one thing, that I know nothing." Sokrates
  • #573,012
  • Dec 11, 2011 9:56am Dec 11, 2011 9:56am
3395
  • #573,013
  • Dec 11, 2011 9:57am Dec 11, 2011 9:57am
... Ha! You moved, I saw you!
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"I know one thing, that I know nothing." Sokrates
  • #573,014
  • Dec 11, 2011 9:57am Dec 11, 2011 9:57am
Here's the situation on my chart as I see it
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  • #573,015
  • Dec 11, 2011 10:01am Dec 11, 2011 10:01am
Dinner time over here. My week is planned, and I got some great entertainment from a few 12 year olds with 200 dollar pocket money gambling accounts to boot, what else could a guy ask for.
  • #573,016
  • Dec 11, 2011 10:06am Dec 11, 2011 10:06am
Quoting cloggie
Dinner time over here. My week is planned, and I got some great entertainment from a few 12 year olds with 200 dollar pocket money gambling accounts to boot, what else could a guy ask for.
then you are gambling around here for so many days ' and coming days to be

right but not for $200 though ?
finding A M S
  • #573,017
  • Dec 11, 2011 10:46am Dec 11, 2011 10:46am
So I try very hard to NOT go into the weekend with open trades, but as luck would have it (and me being on the road), I went into Friday night with two open shorts on the Euro, one at 3325 and the other at 3371.

As of right now, according to xe.com we're a few pips north of 3371 at 3376. How accurate xe.com is, I'm not 100% sure. I do know there is plenty of time for the price to move prior to opening though.

That all said, I'm more bearish than ever on the Euro. The Europeans have thrown just about everything they can at it, and in true euro-diplo fashion, they talked for a long time and ultimately failed. Since this failure in Brussels, we have not seen any significant downward movement (that has stuck) in the price.

My question: is there any room for serious, consistant upward movement on the Euro given the repeated failures? Or am I reasonable in thinking we'll hit 1.30 in the near future?


This is me thinking out loud......and looking from some input from smarter folks than me.
  • #573,018
  • Dec 11, 2011 10:55am Dec 11, 2011 10:55am
Quoting Nordic

My question: is there any room for serious, consistant upward movement on the Euro given the repeated failures? Or am I reasonable in thinking we'll hit 1.30 in the near future?


This is me thinking out loud......and looking from some input from smarter folks than me.
dont ask this !

because nobody is smarter then you are if we talk about YOUR account...
'You must be the change you wish to see in the world' . Gandhi
  • #573,019
  • Dec 11, 2011 10:58am Dec 11, 2011 10:58am
Quoting Nordic
So I try very hard to NOT go into the weekend with open trades, but as luck would have it (and me being on the road), I went into Friday night with two open shorts on the Euro, one at 3325 and the other at 3371.

As of right now, according to xe.com we're a few pips north of 3371 at 3376. How accurate xe.com is, I'm not 100% sure. I do know there is plenty of time for the price to move prior to opening though.

That all said, I'm more bearish than ever on the Euro. The Europeans have thrown just about everything they can at it, and in true...

Truly from this week we should have some downfall for eurusd but this month as we don't really have much volume in their ''''' will face some serious sideways though ' i am expecting it to go south too but real volumes are required to break key levels from now on ' as this is not easy EU is giving respects to all support levels
lets hope we will find some real or good movement for this week but again i surely expect some upper spike of around 100pips anytime without any fundamental reason though ''?
finding A M S
  • #573,020
  • Dec 11, 2011 11:01am Dec 11, 2011 11:01am
Quoting phxmike
dont ask this !

because nobody is smarter then you are if we talk about YOUR account...

You're right of course, thanks for the concern. I don't trade off of anything specific I see here or anywhere else. It's just sort of a question for the masses. Just wondering if others have the same opinion.
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