I completely agree with all of your post.
This is why, as traders, we must learn to control emotion. Emotion encourages or discourages thought process for profit, or lack there of. Condition your mind on success rather than the failures and the fear of loosing... my 2 cent.
- #16,422
- Dec 28, 2011 3:59am Dec 28, 2011 3:59am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Hi Buma.. this may amaze the whole world (after Einstein Exhibit -- E=mc2)
Could u pls explain more on this a2 + b2 = c2?
a2+b2=c2 (2 is squared) is a formula to find the hypotenuse of a right triangle. a right triangle is a triangle that has a 90 degrees angle on 1 of its vertices.
http://jwilson.coe.uga.edu/emt669/st....1/image10.gif
The hypotenuse is the AB side of the right triangle. its the slanted line.
Basically by squaring one side's lengths (basde on this pic) we square AC, and CB. Lets call the AC segment A, and segment CB, C. a2 + c2 = b2.
So how can we use this to help with trading? price/time. The vertical segmnet (A) is the price value of the swing. and the time segment is (C). The hypotenuse is the Price/time value of a specifided swing.
I am still trying on how to do this with currencies, but with whole number instruments such as indices and commodites its been quite easy.
This is a way to see if price/time meet. measure 2 swings and lets say both values of the "price/time segment (hypotenuse) is both rouhly around 50 (just an example). from then u can see that Price/time was "the same" as it was before in terms of value. if it ends up being a high with the same PT value as before, if done correctly thats a short. same with a long, if price moves south and PT value is somewhere close to previous swing, thats the time to go long. its basically a Mirror cyclical behavior sort of thing.
The point of all this price/time is to know what price to get in, and what time to get in.
Have I got something on my face, SOLDIER?
- #16,423
- Dec 28, 2011 4:04am Dec 28, 2011 4:04am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
ur 2 yen is worthless
Try 2 Pound
curretn gold value somewhere at $1570 x 2 = $3140.
is my opinion really that worthless now?
Have I got something on my face, SOLDIER?
- #16,424
- Dec 28, 2011 4:09am Dec 28, 2011 4:09am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
fine... 2 troy ounces of gold.
curretn gold value somewhere at $1570 x 2 = $3140.
is my opinion really that worthless now?
dont go anywhere
If there was easy money lying around,no one would be forcing it into your
- #16,425
- Dec 28, 2011 4:12am Dec 28, 2011 4:12am
- | Additional Username | Joined Oct 2011 | 2,098 Posts
sure rekon..
a2+b2=c2 (2 is squared) is a formula to find the hypotenuse of a right triangle. a right triangle is a triangle that has a 90 degrees angle on 1 of its vertices.
http://jwilson.coe.uga.edu/emt669/st....1/image10.gif
The hypotenuse is the AB side of the right triangle. its the slanted line.
Basically by squaring one side's lengths (basde on this pic) we square AC, and CB. Lets call the AC segment A, and segment CB, C. a2 + c2 = b2.
So how can we use this to help with trading?...
Your Brain Needs To Be Used In a productive way. I look forward to your visit to Canada.
It is always nice to read your posts. Happy New Year !!!
- #16,426
- Dec 28, 2011 4:18am Dec 28, 2011 4:18am
- Joined Oct 2009 | Status: Whn Market Warms u..U keep it Kool | 6,578 Posts
sure rekon..
a2+b2=c2 (2 is squared) is a formula to find the hypotenuse of a right triangle. ....
The point of all this price/time is to know what price to get in, and what time to get in.
- #16,427
- Dec 28, 2011 4:18am Dec 28, 2011 4:18am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
"Everyone Has Relatives"
Your Brain Needs To Be Used In a productive way. I look forward to your visit to Canada.
It is always nice to read your posts. Happy New Year !!!
same on this side grandpa, hHAppy new year to you too
Have I got something on my face, SOLDIER?
- #16,428
- Dec 28, 2011 4:19am Dec 28, 2011 4:19am
- | Additional Username | Joined Oct 2011 | 2,098 Posts
- #16,430
- Dec 28, 2011 4:24am Dec 28, 2011 4:24am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
I do not smoke, do drugs, drink to excess or gamble. No woman has control over me. Why does that matter ?
It is all about strength and discipline. Buma is way smarter than I am from an intellectual point of view however I have life experience and control of my emotions and thus have discipline.
My point is that to be successful in life and in forex you need to enhance your strengths and be aware and work on your weakness.
Please do not take this post as judgmental or preaching.
It took me 67 years to reach this point of knowledge...
Yes,Smoking can kill me
If there was easy money lying around,no one would be forcing it into your
- #16,431
- Dec 28, 2011 4:25am Dec 28, 2011 4:25am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
.
If there was easy money lying around,no one would be forcing it into your
- #16,432
- Dec 28, 2011 4:29am Dec 28, 2011 4:29am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
..May be will try this in more effective way...
that would be an equilateral triangle on ur chart or something like it.
here is an example but definetly they didnt meet value wise but worked out none theless.
the best setups are around 1-4 digits away.
this one was 8 whole digits away. i didnt expect this to work out lol.
but thats how it works really.
measure tiem, measure price, square them both, add them. then u have c2 then square root it to remove the square. then thats ur price/time value of that swing.
Have I got something on my face, SOLDIER?
- #16,433
- Dec 28, 2011 4:34am Dec 28, 2011 4:34am
- | Additional Username | Joined Oct 2011 | 2,098 Posts
Me too, awaiting that time... when though? maybe somewhere in the coming year i can
same on this side grandpa, hHAppy new year to you too
I convinced them to let me go on the New York subway by myself. I have been a free spirit all my life. I have had so many adventures by just taking risks and learning from my mistakes.
Where do we plan the journey from ? Is Hong Kong far away from you ?
I will inquire on Airplane rates. Have a great new year's eve and use a condom if you go out on the town. In my day and age we had birth control pills. Has your dad explained the Bird's and the Bee's to you ?
I am just teasing you since you have learned a lot for your 14 years on earth. Maybe you have just come back from 5000 years ago many times.
I was good in maths except for Trigonometry !!!
Geometry was good as was Algebra. I love numbers and logic and most of all good common sense.
Take care and now I am off for breakfast. I went to bed near midnight and woke up near 4:00 AM EST and I am good for the 18 hours. No person can keep up with me over 40 and some under 20 as well. Life is to be lived, enjoyed and Smell The Roses !!!
The Bonds sold well in Italy with the money the ECB gave the banks. What a plan. Give the Banks 400 Billion and then the Banks leave the money with the ECB in safety and guess who buys the Bonds.
Are you paying Attention Benny ?
- #16,435
- Dec 28, 2011 4:41am Dec 28, 2011 4:41am
- | Additional Username | Joined Oct 2011 | 2,098 Posts
- #16,436
- Dec 28, 2011 4:47am Dec 28, 2011 4:47am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #16,438
- Dec 28, 2011 4:54am Dec 28, 2011 4:54am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Ask your Dad if he would like to visit Canada as you probably need to come with him at least until you reach 16 years of age. When I was 5 or 6 years old I was visiting New York for the first time with my Mom and Dad.
I convinced them to let me go on the New York subway by myself. I have been a free spirit all my life. I have had so many adventures by just taking risks and learning from my mistakes.
Where do we plan the journey from ? Is Hong Kong far away from you ?
I will inquire on Airplane rates. Have a great new year's eve and use a condom...
im in indonesia and ive travelled halfway around the world to middle east and turkey so no biggie canada is not mmuch farther in terms of time right?
Have I got something on my face, SOLDIER?
- #16,439
- Dec 28, 2011 4:56am Dec 28, 2011 4:56am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Basic chart reading shows you all. I even find this math thing a bit funny but if it works for you and you like it...go with it.
I know a guy who is multimillionaire and he trades with he's small laptop. No extra monitors, charts are clean. Nothing is exaggerated.
i dont do this on small tf's small tf's equals = SCALPING TIME!!!
i especially love scalping m15 m5 sup dem levels,
dont think i forgot ur teachings goldman. i do everything with PA FIRST and FOREMOST!
Have I got something on my face, SOLDIER?
- #16,440
- Dec 28, 2011 4:57am Dec 28, 2011 4:57am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?