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EURUSD

  • #578,981
  • Jan 2, 2012 12:29pm Jan 2, 2012 12:29pm
Quoting dean1star
says who ?? no really do u think that all indicators dont work.. think again.. hey guapa.. and happy new year
I never said so, but the day you will remove indicator on your platform and add few trend line or fib level, you will start making more money. The thing about indicator is not that they are not good. its because you will lose more than you will win with them. You really cant base your trade only upon indicators, but they can help as a support( extra information) when you will make your decision
  • #578,982
  • Jan 2, 2012 12:31pm Jan 2, 2012 12:31pm
Quoting Link
I never said so, but the day you will remove indicator on your platform and add few trend line or fib level, you will start making more money. The thing about indicator is not that they are not good. its because you will lose more than you will win with them. You really cant base your trade only upon indicators, but they can help as a support( extra information) when you will make your decision

sorry my friend but all traders are different and it works for me so so well but only on the one hour chart if that makes sense..
  • #578,983
  • Jan 2, 2012 12:32pm Jan 2, 2012 12:32pm
Quoting Link
I never said so, but the day you will remove indicator on your platform and add few trend line or fib level, you will start making more money. The thing about indicator is not that they are not good. its because you will lose more than you will win with them. You really cant base your trade only upon indicators, but they can help as a support( extra information) when you will make your decision
my system says buy on the euro so lets see bought est 30 mins ago
  • #578,984
  • Jan 2, 2012 12:33pm Jan 2, 2012 12:33pm
Its soo not cool the way people use this laughing smiley -> ( )

It's so adorable and only should be used when somethings really funny happens !!! Most people here write their bullshits and put this awesome smiley with it just to make it look cool !!!
Human
  • #578,985
  • Jan 2, 2012 12:40pm Jan 2, 2012 12:40pm
Quoting Link
I never said so, but the day you will remove indicator on your platform and add few trend line or fib level, you will start making more money. The thing about indicator is not that they are not good. its because you will lose more than you will win with them. You really cant base your trade only upon indicators, but they can help as a support( extra information) when you will make your decision
Hey , I would like to know one thing !!! How do you use fib levels ??? I have been trading for two and half years now but never understood them !!! What levels to use , when to use , Why to use ???
Human
  • #578,986
  • Jan 2, 2012 12:43pm Jan 2, 2012 12:43pm
Quoting Chanya
Its soo not cool the way people use this laughing smiley -> ( )

It's so adorable and only should be used when somethings really funny happens !!! Most people here write their bullshits and put this awesome smiley with it just to make it look cool !!!
http://www.forexfactory.com/images/s..._the_floor.gif
  • #578,987
  • Jan 2, 2012 12:46pm Jan 2, 2012 12:46pm
Right !
Human
  • #578,988
  • Jan 2, 2012 12:47pm Jan 2, 2012 12:47pm
Quoting Chanya
Ever heard of a trend line on RSI ??? Or ASI ???
What do you mean by Trend line on RSI?
  • #578,989
  • Jan 2, 2012 12:47pm Jan 2, 2012 12:47pm
http://www.mnn.com/sites/default/fil...t_main_123.jpg
  • #578,990
  • Jan 2, 2012 12:50pm Jan 2, 2012 12:50pm
Quoting Chanya
Hey , I would like to know one thing !!! How do you use fib levels ??? I have been trading for two and half years now but never understood them !!! What levels to use , when to use , Why to use ???
When you set up fibonnacci, you will realise that most of the time a trend will stop, pause or break through on these level. So sometime I use fibonacci level as take-profit or stop-loss. Other time I use it as entry point
  • #578,991
  • Jan 2, 2012 12:50pm Jan 2, 2012 12:50pm
http://imagecache2.allposters.com/im...er-Posters.jpg
  • #578,992
  • Jan 2, 2012 12:51pm Jan 2, 2012 12:51pm
There used to be time on this thread when I used to write a comment and just after 15 seconds , my comment was 2 pages old !!!! SO FAST !!!! And crappy posts were only limited to 5 percent per page !!! Now , I just sit and watch and wait and watch But Nothing !!!

Cloggie
Geppy
MLA
Tom

I miss you all !!!
Human
  • #578,993
  • Jan 2, 2012 12:53pm Jan 2, 2012 12:53pm
Quoting Chanya
Hey , I would like to know one thing !!! How do you use fib levels ??? I have been trading for two and half years now but never understood them !!! What levels to use , when to use , Why to use ???
by the way, I also use RSI, but not for trade decision. I have one RSI on my 4hour chart and it simply tell me if we are on a potential oversold market or overbought
  • #578,994
  • Jan 2, 2012 12:56pm Jan 2, 2012 12:56pm
Quoting Link
When you set up fibonnacci, you will realise that most of the time a trend will stop, pause or break through on these level. So sometime I use fibonacci level as take-profit or stop-loss. Other time I use it as entry point
Fibs let you know if the price action is a correction or a trend reversal. If the price falls beyond the 61.8 level then it's a reversal. If it hit it and then re-reverses...it was a correction that has a huge probability of continuing the original trend.
  • #578,995
  • Jan 2, 2012 12:56pm Jan 2, 2012 12:56pm
Quoting Link
by the way, I also use RSI, but not for trade decision. I have one RSI on my 4hour chart and it simply tell me if we are on a potential oversold market or overbought

So when you say you use trend lines and stuff like that , how would you figure out what level will hold and what will be broken ???
Human
  • #578,996
  • Jan 2, 2012 12:58pm Jan 2, 2012 12:58pm
Quoting werido
Fibs let you know if the price action is a correction or a trend reversal. If the price falls beyond the 61.8 level then it's a reversal. If it hit it and then re-reverses...it was a correction that has a huge probability of continuing the original trend.
It's a pattern found in nature and as we are all nature....we too follow this pattern....or so they say.
  • #578,997
  • Jan 2, 2012 12:59pm Jan 2, 2012 12:59pm
RSI is amazing for finding divergence with price action
  • #578,998
  • Jan 2, 2012 12:59pm Jan 2, 2012 12:59pm
Quoting Chanya
So when you say you use trend lines and stuff like that , how would you figure out what level will hold and what will be broken ???
I never did. I never take side. If I have a level where the market stop and start ranging, I will either chose a fib level boyond or bellow for long or short as entry point so that when there is a breakout, I will be able to catch atleast the half of the move.
  • #578,999
  • Jan 2, 2012 1:09pm Jan 2, 2012 1:09pm
Low volalities but no less turmoils with huge media propagandas like german economy booming despite ez crisis etc , gu,au bounce back alarmingly but no excuse , waiting eu back below 2925/22 , h1 /m30 close for down start again . waiting all align again .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #579,000
  • Jan 2, 2012 1:10pm Jan 2, 2012 1:10pm
There is this word I Hear so frequently ....What was that word again ...HHMMM...AAhHH... OOHH it was PRICE ACTION !!!! Can some body tell me that pattern and candle stick patterns and trend lines are known as price action or is there something more to that term as well ??? If there is , where is it taught ???
Human
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