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  • #643,541
  • May 15, 2012 2:43pm May 15, 2012 2:43pm
Quoting HDA
@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....
Right I don't know if you have me on iggy if you do that is fine please somebody pass it to him:

I blew 3 accounts a tiny one (1000$) I had nobody around me and nobody kindergarden me how to draw sup & res like you did in EUR/CAD thread today. I just wanna say that I learned everything untill now by OBSERVATION and DETERMINATION, and I searched internet by myself whith nobody around me.
Forex is a one man army battle - and I am not afraid to say this - you have to be inteligent person to cope with everything.
I just wish to see your charts more often next to your number that would be awsome.
Again I have a respect for you and for others.
swing it!
  • #643,542
  • May 15, 2012 2:44pm May 15, 2012 2:44pm
Quoting swing 123
not inspiring is it?
it's your trade. it's your money. do what you wanna do.
trying to make life easier isn't really inspiring then i don't know what to say.
gl in this business.

pk out.
  • #643,543
  • May 15, 2012 2:45pm May 15, 2012 2:45pm
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...
That is a great explanation. I will keep this in mind
  • #643,544
  • May 15, 2012 2:47pm May 15, 2012 2:47pm
Quoting tomspin
Right I don't know if you have me on iggy if you do that is fine please somebody pass it to him:

I blew 3 accounts a tiny one (1000$) I had nobody around me and nobody kindergarden me how to draw sup & res like you did in EUR/CAD thread today. I just wanna say that I learned everything untill now by OBSERVATION and DETERMINATION, and I searched internet by myself whith nobody around me.
Forex is a one man army battle - and I am not afraid to say this - you have to be inteligent person to cope with everything.
I just wish to see your charts...
Exactly! Live and die based on one's own abilities. In the end, it's your (my) finger pushing buy or sell and therefore, it should be for reasons you (I) determine...
  • #643,545
  • May 15, 2012 2:48pm May 15, 2012 2:48pm
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 the...

could you give us a visual example, your chart, how to drawn the lines s/r
  • #643,546
  • May 15, 2012 2:49pm May 15, 2012 2:49pm
Quoting HDA
DO NOT BUY THE EURO

I cant sit here and watch you traders throw away your money

WHY IS YOUR BIAS TO BUY

WHY WHY WHY WHY WHY
I am not a signal service




Respectfully,
HDA

  • #643,547
  • May 15, 2012 2:51pm May 15, 2012 2:51pm
Quoting pkimnyc
it's your trade. it's your money. do what you wanna do.
trying to make life easier isn't really inspiring then i don't know what to say.
gl in this business.

pk out.
Always a good entertainment this thread is. a good time pass. I miss cloggie now. Chao.
  • #643,548
  • May 15, 2012 2:52pm May 15, 2012 2:52pm
Quoting BroncoCap
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...
you determine. i'm not going there to turn this into an argument sake of argument. i don't feel like dragging this any further.
  • #643,549
  • May 15, 2012 2:56pm May 15, 2012 2:56pm
Quoting pkimnyc
you determine. i'm not going there to turn this into an argument sake of argument. i don't feel like dragging this any further.
Can I have the last word?

"Bunny"
  • #643,550
  • May 15, 2012 2:57pm May 15, 2012 2:57pm
good distraction whilst many others getting long
Attached Image (click to enlarge)
Click to Enlarge Name: eur dailyj 7.gif Size: 18 KB
  • #643,551
  • May 15, 2012 2:58pm May 15, 2012 2:58pm
Quoting megajester
I am not a signal service




Respectfully,
HDA

@megajester:

I like you - you always make me smile - Thank You

You truly are a megajester

Respectfully,
HDA
  • #643,552
  • May 15, 2012 3:09pm May 15, 2012 3:09pm
US stocks closed lower yet USD has risen(as in lowest levels for months). Can anybody explain this?

Is euro just that weak or?
  • #643,553
  • May 15, 2012 3:16pm May 15, 2012 3:16pm
Quoting Razvan
US stocks closed lower yet USD has risen(as in lowest levels for months). Can anybody explain this?

Is euro just that weak or?
People taking money out of stocks and buying the dollar...just a guess
  • #643,554
  • May 15, 2012 3:18pm May 15, 2012 3:18pm
Quoting Razvan
US stocks closed lower yet USD has risen(as in lowest levels for months). Can anybody explain this?

Is euro just that weak or?
Investors are selling stocks and converting them into cash. Which means its more secure to them to hold dollars then stocks...

So, selling stocks is pushing the demand for dollars.
  • #643,555
  • May 15, 2012 3:21pm May 15, 2012 3:21pm
Quoting todstars2
good distraction whilst many others getting long
Hey mate,
I really don't get what you meant by "long"
Either way, if it breaks the 1.2623/1.2586 (support) then we shall see it to the next point which is ~1.2457. It is that simple. Probably retracement to some valuable fib level and then back on track to ~1.19.
In case some of you are not there yet, wait in 1H/4H for a retracement and come back to the trade (short)
There is a big RED post which articulates that.
To tomspin and others; don't believe a system, your guts and discipline will do that job, repetition, repetition and repetition... you have everything in the chart, all the harmonics, fibs, support and resistence level will do that Job. There is always a trade just don't hurry to trade one without a proper rule of engagement (ROE), before you make one, make sure you know what is your win:lose ratio (1:2 or better), don't change it, probably rings a bell, changing one constantly equals loses.
I am tired now to put some proper charting, the weekly chart is just to show the big picture, but 4H chart is a beautiful Harmonic to trade with.
Who ever tries to play with the candles now to find reversals are loosing; A candle is just a tool like and RSI, support and resistance level or any other pattern. Look at Aud/USD, GPB/USD, and Gold, they are all the same and:
GPB/USD broke a structure (support = previous resistances) today, looks good too.
Good luck
Attached Image (click to enlarge)
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  • #643,556
  • May 15, 2012 3:28pm May 15, 2012 3:28pm
Quoting Razvan
US stocks closed lower yet USD has risen(as in lowest levels for months). Can anybody explain this?

Is euro just that weak or?
It's risk OFF. Maybe you shouldn't be trading if you don't understand one of the most important things..
  • #643,557
  • May 15, 2012 3:37pm May 15, 2012 3:37pm
as I see it the short trade a bit long in the tooth.

Long above 1.26 is a no brainer until it's not and that will be when it sinks below that level(1.26).

Quoting mikeylp
Hey mate,
I really don't get what you meant by "long"
Either way, if it breaks the 1.2623/1.2586 (support) then we shall see it to the next point which is ~1.2457. It is that simple. Probably retracement to some valuable fib level and then back on track to ~1.19.
In case some of you are not there yet, wait in 1H/4H for a retracement and come back to the trade (short)
There is a big RED post which articulates that.
To tomspin and others; don't believe a system, your guts and discipline will do that job, repetition, repetition and repetition......
  • #643,558
  • May 15, 2012 3:39pm May 15, 2012 3:39pm
Quoting Razvan
US stocks closed lower yet USD has risen(as in lowest levels for months). Can anybody explain this?

Is euro just that weak or?
Risk is off the market...boy if you go play with this knife..you are fecked hard..blows account...not if you are on the right side of the trend
  • #643,559
  • May 15, 2012 3:41pm May 15, 2012 3:41pm
Shit is really starting to hit the fan in the euro zone.
  • #643,560
  • May 15, 2012 3:47pm May 15, 2012 3:47pm
Previous Accumulations began here in January 2012 and September 2010

Quoting mikeylp
Hey mate,
I really don't get what you meant by "long"
Either way, if it breaks the 1.2623/1.2586 (support) then we shall see it to the next point which is ~1.2457. It is that simple. Probably retracement to some valuable fib level and then back on track to ~1.19.
In case some of you are not there yet, wait in 1H/4H for a retracement and come back to the trade (short)
There is a big RED post which articulates that.
To tomspin and others; don't believe a system, your guts and discipline will do that job, repetition, repetition and repetition......
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