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  • #643,521
  • May 15, 2012 2:04pm May 15, 2012 2:04pm
Quoting BroncoCap
HDA,
Nobody is arguing that you were correct, nor that short was the easiest trade direction, nor that other's traded the long side. What some feel is that you come across as stubborn and unyielding to other points of views. I made money on the long side and the short side while you pounded the table to be short. Does that make me more right than you? No, all it means is I have a different method.
You claim to just guide/help/assist traders, but as I posted earlier, a trader holding short because HDA said so does not help said trader....
from what i see is that he is not arguing with anyone, prove his point, nor i said so. basically he is just trying to help and i see where he is coming from.
many people here are not experienced enough to trade small retraces here and there. they are thinking it's probably the smack bottom. he is just trying to guide people to the directing where the price is heading.
i'm really surprised at some people stoning him for that. listen to what he has to offer. hda can be a big help in this thread.
  • #643,522
  • May 15, 2012 2:09pm May 15, 2012 2:09pm
My ea think it will go north a bit.

I think my broker is not ECN, it won't let my ea enter long for 20 points at 1.27718 low earlier. This happened with my other broker where I trade manually, in the lower bottom it said common error. Anyone having this issues today or it just me and my connection?

PS: I also got 1 trade closed as two separate order yesterday. I am almost sure it won't open 2 trades a time.
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  • #643,523
  • May 15, 2012 2:12pm May 15, 2012 2:12pm
Quoting pkimnyc
from what i see is that he is not arguing with anyone, prove his point, nor i said so. basically he is just trying to help and i see where he is coming from.
many people here are not experienced enough to trade small retraces here and there. they are thinking it's probably the smack bottom. he is just trying to guide people to the directing where the price is heading.
i'm really surprised at some people stoning him for that. hda can be a big help in this thread.
We can quibble over semantics and motivation, I just found the post full of hubris and ego. I agree, HDA is an asset, but the problem is, he seems to force his viewpoint, and maybe it is just out of genuine care for new traders. He successfully pointed out a solid number that were going long in the face of this market--question is: is he calling them out due to care and concern, or just to show he was right and they were wrong? I read the post as "I'm right, these guys are wrong."

Secondly, I am also wary of everyone saying HDA is the greatest, as many newbies will follow him, right or wrong, and never learn to trade for themselves. If you read my first post today, I said the only way to truly learn to trade is go live and learn, make mistakes, fail, but learn how markets move, not follow others.

Anyways, no use arguing. This is not a pro-HDA or anti-HDA thread. He should continue, but understand that others will go against his preferred market direction, rightly or wrongly, just no use pointing it out...

Back to my journal,
BroncoCap
  • #643,524
  • May 15, 2012 2:15pm May 15, 2012 2:15pm
Quoting BroncoCap
HDA,
Nobody is arguing that you were correct, nor that short was the easiest trade direction, nor that other's traded the long side. What some feel is that you come across as stubborn and unyielding to other points of views. I made money on the long side and the short side while you pounded the table to be short. Does that make me more right than you? No, all it means is I have a different method.
You claim to just guide/help/assist traders, but as I posted earlier, a trader holding short because HDA said so does not help said trader. Traders must...
@BroncoCap:



You have spoken well, the underlying issue is what I shared early with megajester, where you have expounded on.


What of the traders that dont have a style and are learning and observing the others that are trading as they see fit. I am looking at the influence that those buy calls are having on traders who are confused and not sure about whats going on.

This forum is being misused for bragging and nonsensical calls which affects the psychology of other traders in the room. Others may not care how others are affected by what they do or how they do it - We SHOULD ALL CARE

Respectfully,
HDA
  • #643,525
  • May 15, 2012 2:16pm May 15, 2012 2:16pm
Today is so easy to make money. It's just sell!
Go Bears, Go!! new low level!
We will test 1.2700 soon.
  • #643,526
  • May 15, 2012 2:18pm May 15, 2012 2:18pm
Quoting pkimnyc
from what i see is that he is not arguing with anyone, prove his point, nor i said so. basically he is just trying to help and i see where he is coming from.
many people here are not experienced enough to trade small retraces here and there. they are thinking it's probably the smack bottom. he is just trying to guide people to the directing where the price is heading.
i'm really surprised at some people stoning him for that. listen to what he has to offer. hda can be a big help in this thread.
saying: do not go long go short/ short is the right way. does it help anyone here really. isnt it better to share some technical anlysis so that noobies like me could learn somthin from him in a better way? for example if i shout long here long here and by fluke it goes up 100pips, would it make me big or helpful?
  • #643,527
  • May 15, 2012 2:19pm May 15, 2012 2:19pm
this is the end of the downtrend OR we crash hard.. I hope we crash so the US will suffer by having to do more QE... hate the crooks in the states
  • #643,528
  • May 15, 2012 2:20pm May 15, 2012 2:20pm
Quoting BroncoCap
We can quibble over semantics and motivation, I just found the post full of hubris and ego. I agree, HDA is an asset, but the problem is, he seems to force his viewpoint, and maybe it is just out of genuine care for new traders. He successfully pointed out a solid number that were going long in the face of this market--question is: is he calling them out due to care and concern, or just to show he was right and they were wrong? I read the post as "I'm right, these guys are wrong."

Secondly, I am also wary of everyone saying HDA is the greatest,...
@BroncoCap:

This is KillerWhales EUR/CAD Thread

please see post

Quoting shawn3245
Ok I dont see the exact numbers that you are talking about. The numbers that I have come up with are 1.2762 and 1.2752. I didnt manually figure the numbers out but rather used a website that I found to get these numbers. I posted a link to the website a few posts ago.

Ok bare with me on the rules because Im still learning. Can you give me a clue where you started and then we can go from there. I have a 4 hour chart pulled up and the rules but I cant see where you started.

I have wrote rule #3 on the inside of the back cover and will be following...

@Shawn3245:




No Im not going to figure this out for you - Thats your home-work - I've told you so much - I've given you everything you need - all you have to do is read, obey the rule and trade it.




Im not charging you for anything - Im giving of my time free of cost - your payment is to show that you are learning - Figure it out.




READ THE RULES.




You will slowly see how the THE FOUR AGREEMENTS will begin to help your trading - Glad you caught on to Agreement #3




Im teaching you how to fish



After You get this - you wont need me again - you would have everything you need to trade the EUR/CAD and never make a LOSS




You are not paying Attention - you missed the ENTRY to go SHORT at 12 NOON EASTERN 1hr and 15mins ago - Remember, forget about the time when reading the rules - just READ THE RULE - READ THE RULES


Respectfully,
HDA
  • #643,529
  • May 15, 2012 2:20pm May 15, 2012 2:20pm
Quoting BroncoCap
We can quibble over semantics and motivation, I just found the post full of hubris and ego. I agree, HDA is an asset, but the problem is, he seems to force his viewpoint, and maybe it is just out of genuine care for new traders. He successfully pointed out a solid number that were going long in the face of this market--question is: is he calling them out due to care and concern, or just to show he was right and they were wrong? I read the post as "I'm right, these guys are wrong."

Secondly, I am also wary of everyone saying HDA is the greatest,...
right or wrong, market is down. is it a good idea to pick the bottom or just go with the flow? and how many here is trying to pick the bottom ended up losing money? some cases, without stop losses.
basically he is telling everyone stop trying to pick the bottom and just go with the flow.
trying to tell people to do the right thing is not an ego. it's a guidance.
  • #643,530
  • May 15, 2012 2:22pm May 15, 2012 2:22pm
Found first mention of greek new elections @ 13:58 gmt on twitter by a guy named:
Michael Hewson

@michaelhewson

Senior Market Analyst at CMC Markets

bleh professionals again.

Anybody got a reuters news feed or something and can tell how at what time you got the news?

Thank you.
  • #643,531
  • May 15, 2012 2:22pm May 15, 2012 2:22pm
Quoting sidhujag
this is the end of the downtrend OR we crash hard.. I hope we crash so the US will suffer by having to do more QE... hate the crooks in the states
buyign with tight stop... holding for months if trend is over.
  • #643,532
  • May 15, 2012 2:24pm May 15, 2012 2:24pm
Quoting swing 123
saying: do not go long go short/ short is the right way. does it help anyone here really. isnt it better to share some technical anlysis so that noobies like me could learn somthin from him in a better way? for example if i shout long here long here and by fluke it goes up 100pips, would it make me big or helpful?
@swing 123:

This is KillerWhales EUR/CAD THREAD

Quoting ash_k
hi HDA,
when u say eur/cad is predictible, what do u think we shud look in to predict ? the h4 time frame.and fundamentals ? right now its giving mixed signals....what do u reckon?
thanx alot
ASH

@ash_k:


To trade the EUR/CAD - you need only to focus on two Time Frames - The 4H and the 1D.


The 4H is used for entry and to make note of a change in direction.
The 1D is used for trend direction.


So the first thing you do is go to your daily chart and ascertain what the trend direction is - once you have done that then you go to the 4H to look for an entry to enter long or short depending on the direction of the daily.


Currently - the 1D is saying the trend direction is down, so you look to the 4H for sell opportunities.


On your 4H chart you will draw the support and resistance lines on the 4H and colour code those lines (BLUE) or whatever colour you like.

On the same 4H chart put also the 1D support and resistance lines on the chart and colour code those (YELLOW) or whatever colour you like.

The reason for colour coding the 4H differently from the 1D is so that if you only have 1 screen, you dont have to be switching between windows to look at the different TFs - Everything that you need to know will be on one chart for you to see at the sametime and also during high volatility we tend to get stuck looking at one TF and are unaware of what is happening on the larger TFs. So suddenly there may be a retrace and you are like - WTF only to not have seen that the market reached a 1D support or resistance point.


Having done that, at every 1D support and resistant point once the market gets there close your trade. On the EUR/CAD ALL 1D support and resistance points are respected. Thats why it is so predictable. So you know for a fact that you must exit, once it reaches the 1D support and resistance points.


Knowing this makes trading against the trend very very easy - once you reach a 1D support and resistance point close your trade and you can if you're greedy, close your trade and enter in the opposite direction for 20 to 40pips to be on the safe side.


It does not mean the trend direction has changed, you are just swing trading, that is buying support and selling resistance.


This is as clearly as I can explain its predictability, I hope I have managed to answer your question.


Respectfully,
HDA
  • #643,533
  • May 15, 2012 2:29pm May 15, 2012 2:29pm
Quoting HDA
@swing 123:

This is KillerWhales EUR/CAD THREAD




@ash_k:


To trade the EUR/CAD - you need only to focus on two Time Frames - The 4H and the 1D.


The 4H is used for entry and to make note of a change in direction.
The 1D is used for trend direction.


So the first thing you do is go to your daily chart and ascertain what...
HDA would it be better if you open your own thread as Killerwhale did then you could just post your trades and all the people that want to follow you can ...problem solved
  • #643,534
  • May 15, 2012 2:29pm May 15, 2012 2:29pm
Quoting swing 123
saying: do not go long go short/ short is the right way. does it help anyone here really. isnt it better to share some technical anlysis so that noobies like me could learn somthin from him in a better way? for example if i shout long here long here and by fluke it goes up 100pips, would it make me big or helpful?
i agree with hda with do not go long. follow the trend until it isn't. you've probably saw that million times in the txt books, yet having tough time following it

you have the direction. all you gotta do is to figure out where the entry points are. he basically cut your job and headache to 50%. that's a big help.
  • #643,535
  • May 15, 2012 2:30pm May 15, 2012 2:30pm
Quoting pkimnyc
right or wrong, market is down. is it a good idea to pick the bottom or just go with the flow? and how many here is trying to pick the bottom ended up losing money? some cases, without stop losses.
basically he is telling everyone stop trying to pick the bottom and just go with the flow.
trying to tell people to do the right thing is not an ego. it's a guidance.
pki and HDA,
Fair enough. Net-net, I don't visit forums for guidance or instruction, rather to garner ideas and see how others trade. I would never base trading decisions on what is posted here or elsewhere, those must come from within, and I just hope those that you are guiding realize that. So, guide away...I'll return to lurking, it's what I do best.

BroncoCap
  • #643,536
  • May 15, 2012 2:37pm May 15, 2012 2:37pm
Quoting BroncoCap
pki and HDA,
Fair enough. Net-net, I don't visit forums for guidance or instruction, rather to garner ideas and see how others trade. I would never base trading decisions on what is posted here or elsewhere, those must come from within, and I just hope those that you are guiding realize that. So, guide away...I'll return to lurking, it's what I do best.

BroncoCap
normally, i don't give a crap what others post their views, charts, calls. long short long long short short short but long ya-di-ya-di-ya-da.

but when good people get stoned for wrong reasons, that kind of pisses me off.
  • #643,537
  • May 15, 2012 2:40pm May 15, 2012 2:40pm
Quoting pkimnyc
i agree with hda with do not go long. follow the trend until it isn't. you've probably saw that million times in the txt books, yet having tough time following it

you have the direction. all you gotta do is to figure out where the entry points are. he basically cut your job and headache to 50%. that's a big help.
not inspiring is it?
  • #643,538
  • May 15, 2012 2:40pm May 15, 2012 2:40pm
We are at historical support how long before it blows?
  • #643,539
  • May 15, 2012 2:41pm May 15, 2012 2:41pm
Quoting megajester
HDA would it be better if you open your own thread as Killerwhale did then you could just post your trades and all the people that want to follow you can ...problem solved



@megajester:


This is from KillerWhales Thread:


Quoting kibrul
PLs HDA inform us your trading idea SL and TF for today!!!

Quoting kibrul
Dear HDA till now i m unable to get any reply from u.
...



@Kibrul:




I will never respond to any of your posts - you're not interested in learning how to trade - your interest is to be told what to trade, where to set stop loss and what is the exit.




I am not a signal service




Respectfully,
HDA


Quoting kibrul
dear HDA sir from today i promise and tell u i start learning forex rather then signal trade. tell me where to start and which website is batter to understand. i already learn a lot from babypips.com ... have u any other website preferred to learn well....
  • #643,540
  • May 15, 2012 2:42pm May 15, 2012 2:42pm
Quoting pkimnyc
normally, i don't give a crap what others post their views, charts, calls. long short long long short short short but long ya-di-ya-di-ya-da.

but when good people get stoned for wrong reasons, that kind of pisses me off.
And what was the wrong reason? I gave my opinion, you gave yours. Seems a bit off to presume one opinion is right and one is wrong. Facts yes, opinions no...but that's what makes the internet grand. People forget the difference between facts and opinions...
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