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  • #611,081
  • Mar 16, 2012 3:17pm Mar 16, 2012 3:17pm
cool video
There is no substitute of hard work and experience. $ € £ ¥
  • #611,082
  • Mar 16, 2012 3:17pm Mar 16, 2012 3:17pm
Quoting micho
did they teach you or did you learn from them? there is a big difference between learning from something and getting teached by someone/something

did someone come and teach you all you needed to know to be profitable???
Recorded videos of teachers teaching live sessions. I think i still have a pile of videos from elliot wave international.
  • #611,083
  • Mar 16, 2012 3:27pm Mar 16, 2012 3:27pm
If you are against the use of chart patterns because of wrong interpretation... then maybe you need to understand the price action behind the patterns...

of course there is a possibility of misinterpretation with anything in life... but the more you apply and understand the better you become...

to say outrightly that charts are useless because of misinterpretation is like saying... we shouldn't use language in case we misunderstand each other... and this is a real possibility if you are learning a foreign language... the only real solution in this case is to practise...


Quoting micho
ok check this maybe you will understand what wrong interpretation means

http://www.youtube.com/watch?v=uA8LivVLmfA
  • #611,084
  • Mar 16, 2012 3:41pm Mar 16, 2012 3:41pm
Quoting eliabreu
stop smoking man
Bom fim de semana Eli
  • #611,085
  • Mar 16, 2012 3:55pm Mar 16, 2012 3:55pm
Quoting Alec
Bom fim de semana Eli
pra voce também!
  • #611,086
  • Mar 16, 2012 3:58pm Mar 16, 2012 3:58pm
Quoting kibescorp
Reiterating this.

Continued strength in risk currencies. USD and yen to balance out and resume weakness.

NZD/USD now well on its way. Holding positions for maximum profits.

Market sentiments: still POSITIVE.

Holding EUR/JPY, NZD/USD, and AUD/USD longs over the weekend.

Account already up almost 20% thanks to these three trades.

Further upward movement expected.

Considering retirement soon.
  • #611,087
  • Mar 16, 2012 4:01pm Mar 16, 2012 4:01pm
Quoting Alec
Bom fim de semana Eli
Português a representar
Teaching while learning and learning while teaching
  • #611,088
  • Mar 16, 2012 4:07pm Mar 16, 2012 4:07pm
Quoting kibescorp
Holding EUR/JPY, NZD/USD, and AUD/USD longs over the weekend.

Account already up almost 20% thanks to these three trades.

Further upward movement expected.

Considering retirement soon.
Well done,
Is the avatar you?
Don't be a hero. Don't have an ego. Always question yourself
  • #611,089
  • Mar 16, 2012 4:20pm Mar 16, 2012 4:20pm
Quoting kibescorp
Holding EUR/JPY, NZD/USD, and AUD/USD longs over the weekend.

Account already up almost 20% thanks to these three trades.

Further upward movement expected.

Considering retirement soon.

I've followed a few of your trades and all became winners. Just wanted to thank you for your take on things.
  • #611,090
  • Mar 16, 2012 4:54pm Mar 16, 2012 4:54pm
Can't really take the credit.

I follow the experts on all the swing moves. They're the ones that know what the market is thinking. Outsmarting the market by identifying their TRUE sentiment is key.

Then again, there are often contradicting signals coming at you at once, and deciding who or what to believe at any given time can be daunting. There is a lot of analysis that must be done before blindly believing in a particular trend.

That said, I am still fairly confident that the uptrend in risk will continue, at least in the near-term.
  • #611,091
  • Edited 10:55pm Mar 16, 2012 7:16pm | Edited 10:55pm
Today was interesting, I wish I could post a chart but for whatever reason mt4 won't let me save pictures during off-market hours.

Anyways the morning started with a brief sell-off as the 1hr 18 crossed above the 1hr 45 and the 27 crossed above the flat 36. On those crosses the selling was weak. Next up was the 18 cross above 54 where again the selling was weak.

Where the selling picked up was at 4am EST as 18 was crossing back above the big 810 that it broke wednesday, and as 27 was about to cross 45. The selling here was a little stronger and it managed to go down to the spot of the cross and even got a little further to the newly uptrending 36 but that's where it stopped which was a great buy signal.

Helping price up was the 1hr 180 crossing under 540 and also we have some really big crosses coming up that might be giving price a boost.
These are the 1 year t3 moving average which will cross under the 4 year t3ma on Monday and a few days after that the 3 year will cross under the 5 year. Usually price will fight these kind of crosses so my bias for next week is long, with a few good bear days in between, unless we get some kind of bad news, but I can see any big move being intially rejected and it could be an indecision week. It'll be interesting to see how March 20th plays out.

The most recent uptrend started on January 16 which was a day after price got just pips from the never before touched weekly 360. On Jan. 16 was the same day the 1 year t3ma went completely flat from the uptrend it was on since April 2011. It was also the same day that the 6 month t3ma crossed that flat 1 year t3ma. Now the 1 year t3ma is trending down but it is still above the 2,3,4,5,6, etc years t3mas and getting ready to start crossing.
  • #611,092
  • Mar 16, 2012 7:35pm Mar 16, 2012 7:35pm
Quoting blackstar
Today was interesting, I wish I could post a chart but for whatever reason mt4 won't let me save pictures during off-market hours.

Anyways the morning started with a brief sell-off as the 1hr 18 crossed above the 1hr 45 and the 27 crossed above the flat 36. On those crosses the selling was weak. Next up was the 18 cross above 54 where again the selling was weak.

Where the selling picked up was at 4am EST as 18 was crossing back above the big 810 that it broke wednesday, and as 27 was about to cross 45. The selling here was a little stronger...
But before you decide to buy on Monday be careful because today price stopped right on its 2 week t3ma which was also right under the most recent supply zone.
  • #611,093
  • Mar 16, 2012 9:44pm Mar 16, 2012 9:44pm
Safe to say we have formed two levels for a fib retracement sometime next week, for sure 38.2 at 1.31165 and possibly back down to 50 or even 61.8 if I am lucky.
What do you guys think?

Continue down move or are we going to start a new up trend here?
All posts are my personal opinion
  • #611,094
  • Mar 16, 2012 10:07pm Mar 16, 2012 10:07pm
Quoting Rtm
Safe to say we have formed two levels for a fib retracement sometime next week, for sure 38.2 at 1.31165 and possibly back down to 50 or even 61.8 if I am lucky.
What do you guys think?

Continue down move or are we going to start a new up trend here?
Continue down move, at the very least, 50%. I'll be wearing my shorts, come Sunday.
Time turns trend. - W.D. Gann
  • #611,095
  • Mar 16, 2012 10:41pm Mar 16, 2012 10:41pm
So what you are saying is that today was pretty much just a "lets clear out all the sell order stop losses" day??
All posts are my personal opinion
  • #611,096
  • Mar 16, 2012 11:06pm Mar 16, 2012 11:06pm
Quoting Rtm
So what you are saying is that today was pretty much just a "lets clear out all the sell order stop losses" day??
Pretty much and end of week profit taking. They stopped me out. Now it's time to go for the ride down.
Time turns trend. - W.D. Gann
  • #611,097
  • Mar 16, 2012 11:48pm Mar 16, 2012 11:48pm
Quoting kibescorp
Holding EUR/JPY, NZD/USD, and AUD/USD longs over the weekend.

Account already up almost 20% thanks to these three trades.

Further upward movement expected.

Considering retirement soon.
whats ur account size beautiful?
There is no substitute of hard work and experience. $ € £ ¥
  • #611,098
  • Mar 17, 2012 12:01am Mar 17, 2012 12:01am
Quoting ForExtraPips
Pretty much and end of week profit taking. They stopped me out. Now it's time to go for the ride down.
End of week profit taking caused a 190 pip rally?
  • #611,099
  • Mar 17, 2012 1:41am Mar 17, 2012 1:41am
Quoting Rtm
Safe to say we have formed two levels for a fib retracement sometime next week, for sure 38.2 at 1.31165 and possibly back down to 50 or even 61.8 if I am lucky.
What do you guys think?

Continue down move or are we going to start a new up trend here?
wat wil happen wen market open , .. will eur/usd continue to go up or will it go down ...?? plz reply ..
  • #611,100
  • Mar 17, 2012 2:15am Mar 17, 2012 2:15am
Quoting micho
A red rose symbolizes love and compassion.
I thought it had something to do with "hitting the bottle".
New voice message: Why are you calling me? If I need you, I'll call you!
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