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Spider's Den

  • #10,061
  • Jan 25, 2012 8:32am Jan 25, 2012 8:32am
easier now
Have I got something on my face, SOLDIER?
  • #10,062
  • Jan 25, 2012 8:33am Jan 25, 2012 8:33am
Quoting bumapatria
easier now
  • #10,063
  • Jan 25, 2012 8:38am Jan 25, 2012 8:38am
Thanks
I use Neowave theory (Glenn Neely's version of Elliot Wave) in Triangles, but I keep what you mentioned in my mind in regards the 2 patterns.


Quoting T@rantula
The main difference between triangle and wedge is PA pattern/wicks it forms.

From a bearish perspective the only valid triangle is DESCENDING TRIANGLE. The way it forms is with equal lows and lower highs.

RISING WEDGE is not a triangle. It forms with HH and HL, so basically those are 2 different patterns.

The way I observe it is how it reacts.
  • #10,064
  • Jan 25, 2012 8:40am Jan 25, 2012 8:40am
Quoting Kambooj
Thanks
I use Neowave theory (Glenn Neely's version of Elliot Wave) in Triangles, but I keep what you mentioned in my mind in regards the 2 patterns.
Not familiar with that m8. But classic theory separates those 2 price entities.
  • #10,065
  • Jan 25, 2012 8:44am Jan 25, 2012 8:44am
Quoting T@rantula
You know a lot for a boy of ur age

.
Hey T. you dont really believe this fella is 14 do you?.........50 posts a day
  • #10,066
  • Jan 25, 2012 8:46am Jan 25, 2012 8:46am
His got 6 versions of Triangles:

http://www.neowave.com/qow/qow-archive-16.asp

Quoting T@rantula
Not familiar with that m8. But classic theory separates those 2 price entities.
  • #10,067
  • Jan 25, 2012 8:46am Jan 25, 2012 8:46am
Quoting FOURX
Hey T. you dont really believe this fella is 14 do you?.........50 posts a day
yeah u skipped the part im homeschooled for this year - on a transition period back to my home country.



therefore i switch from ff to my online program - when im at work.

work = study and trading
Have I got something on my face, SOLDIER?
  • #10,068
  • Jan 25, 2012 8:51am Jan 25, 2012 8:51am
heres a pic of me and my bro (im on the right) when on vacation to istanbul
and no we aint twins
Attached Image (click to enlarge)
Click to Enlarge Name: me and my bro.JPG Size: 98 KB
Have I got something on my face, SOLDIER?
  • #10,069
  • Jan 25, 2012 8:52am Jan 25, 2012 8:52am
Quoting FOURX
Hey T. you dont really believe this fella is 14 do you?.........50 posts a day
haha, well how do i know that? Why not, world is full of miracles I believe he is by the way he has been talking and writing....
still good for a boy of his age.

Well when I was 14 the world was completely different entity..Now 20y later I learnt to believe.
  • #10,070
  • Jan 25, 2012 8:55am Jan 25, 2012 8:55am
Quoting Kambooj
His got 6 versions of Triangles:

http://www.neowave.com/qow/qow-archive-16.asp
Thanks mate, since I dont use any of EW theories im sticking to a classical "stock" theory of price patterns and reactions, but thanks anyway
  • #10,071
  • Jan 25, 2012 8:58am Jan 25, 2012 8:58am
Quoting bumapatria
heres a pic of me and my bro (im on the right) when on vacation to istanbul
and no we aint twins
oh.. so cute..


wonder....
how do u gonna to trade? used by other people's account? parents?
  • #10,072
  • Jan 25, 2012 9:04am Jan 25, 2012 9:04am
Quoting bumapatria
heres a pic of me and my bro (im on the right) when on vacation to istanbul
and no we aint twins
sure
  • #10,073
  • Jan 25, 2012 9:11am Jan 25, 2012 9:11am
Quoting smilemiz
oh.. so cute..


wonder....
how do u gonna to trade? used by other people's account? parents?
dad's cash

i wanted to go live and he agreed. said it would be good experience and im glad he gave me a chance. blew one acc - but this one is doing fine with 10% monthly targets. u really learn after doing such shit. and busting ur charts with lots of indicators that i dont even know formulas or whatever they were for LOL haha



lol the pic was just to prove ( if i can) that im what i say. i dont wanna lie.


okay back to trading - we had a nice fall in price as it was rising to resistance with the natural relationship of venus and true node of the moon.perhaps moon and chiron as well could be a natural ebb and flow with eurousd? still under experiemnt with this relationship tho

btw the previous relationship of ven and true node happened at 2:00 GMT -4 picked the top beautifully and the supply makes it better to trade it PA based (and remember the 4h pinbar with such high volume? that was a + as well.)

judging from an hourly look it looks to flag as this seems very weak momentum. so i think we might drop from the bear flag. but only a break of the lower TL of the flag can confirm the "flag".

then agan its so frigging late. and fomc so no additions ill take. ill stay as safe as possible by just watching and seeing on this one. but from pa perspective price tends to flag before a breakout of support/res levels. and if u see the support looks broken and now might be a flag to trap buyers maybe?





to fourx fb profile
http://www.facebook.com/profile.php?id=1273009427

(im gonna get some identity theft LOL showing all this schtuff
Attached Image (click to enlarge)
Click to Enlarge Name: i met get stopped.gif Size: 16 KB
Have I got something on my face, SOLDIER?
  • #10,074
  • Jan 25, 2012 9:19am Jan 25, 2012 9:19am
Quoting bumapatria
dad's cash

and if u see the support looks broken and now might be a flag to trap buyers maybe?
fourx fb profile
No trading before the news except when there is a strict news rule setup. The price may whipsaw before it stabilizes.
  • #10,075
  • Jan 25, 2012 9:21am Jan 25, 2012 9:21am
Quoting T@rantula
No trading before the news except when there is a strict news rule setup. The price may whipsaw before it stabilizes.
yes. exactly.

i dont trade fomc.
i can do nfp but fomc not my class yet Tata.
Have I got something on my face, SOLDIER?
  • #10,076
  • Jan 25, 2012 9:28am Jan 25, 2012 9:28am
Quoting egkid
1.30 before making new low
I have free time so i will b watching
Quoting egkid
Ok guys will take a break catch u later when PA 1.30 As i read my own chart now
we will C
1.30
  • #10,077
  • Jan 25, 2012 9:28am Jan 25, 2012 9:28am
Quoting bumapatria
yes. exactly.

i dont trade fomc.
i can do nfp but fomc not my class yet Tata.
im still developing good nfp system...will show it when its done
  • #10,078
  • Jan 25, 2012 9:31am Jan 25, 2012 9:31am
Quoting egkid
1.30


As i said 2 much for my taste. In order to continue with bearish trend price must close below else, we are back in uptrend. Price may shoot well above 3000, and that means erasing its gains.
  • #10,079
  • Jan 25, 2012 9:34am Jan 25, 2012 9:34am
whoops 3036
  • #10,080
  • Jan 25, 2012 9:35am Jan 25, 2012 9:35am
Quoting T@rantula


As i said 2 much for my taste. In order to continue with bearish trend price must close below else, we are back in uptrend. Price may shoot well above 3000, and that means erasing its gains.
Will b back under 1.30 soon
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