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EURUSD

  • #671,021
  • Jul 23, 2012 10:30pm Jul 23, 2012 10:30pm
Quoting KillerWhale
Me short
Me too, though a bit late this time, was only looking for the .2100
Biggest joker
  • #671,022
  • Jul 23, 2012 10:31pm Jul 23, 2012 10:31pm
Worried what's going to happen with price two and a half hours from now.
Time turns trend. - W.D. Gann
  • #671,023
  • Jul 23, 2012 10:33pm Jul 23, 2012 10:33pm
Quoting KillerWhale
Me short
Think it still wants to go up to at least 2170
  • #671,024
  • Jul 23, 2012 10:34pm Jul 23, 2012 10:34pm
Quoting ForExtraPips
Those who are unaware are unaware of being unaware. - Author Unaware
Actualy, being a bit unaware, i wanted to thank you for raising my need to be aware of the fact that i desperately need to learn advanced mathematics or i'll stay unaware of how little i know....
not to mention, poor.
Biggest joker
  • #671,025
  • Jul 23, 2012 10:39pm Jul 23, 2012 10:39pm
Quoting baron193
Actualy, being a bit unaware, i wanted to thank you for raising my need to be aware of the fact that i desperately need to learn advanced mathematics or i'll stay unaware of how little i know....
not to mention, poor.
If you're serious, read up on geometry, in regards to charts. Square, circle, triangle type thing.
Time turns trend. - W.D. Gann
  • #671,026
  • Jul 23, 2012 10:41pm Jul 23, 2012 10:41pm
Quoting ForExtraPips
Those who are unaware are unaware of being unaware. - Author Unaware
Awesome quote LOL
KEEP IT SIMPLE PIPPING
  • #671,027
  • Jul 23, 2012 10:43pm Jul 23, 2012 10:43pm
Quoting ForExtraPips
If you're serious, read up on geometry, in regards to charts. Square, circle, triangle type thing.
I AM serious! keep it all coming! i'm lapping it all up like the newby that i am.
Biggest joker
  • #671,028
  • Jul 23, 2012 10:52pm Jul 23, 2012 10:52pm
Quoting RWalker
See how little Miss EU keeps her crayon within the lines?

Attachment

Wait until Europe and London come in. She'll make crazy scribbles out to about 2170 or 80 at least I'd say. See earlier comments for explanation.
LOL, you said the same thing earlier today with your upward channel that was even steeper, and now you have a new long channel that is below the one that was broken earlier.

Ya, price stays inside trendlines and trend channels until they dont...so what?
  • #671,029
  • Jul 23, 2012 11:02pm Jul 23, 2012 11:02pm
Quoting KumoDragon
LOL, you said the same thing earlier today with your upward channel that was even steeper, and now you have a new long channel that is below the one that was broken earlier.

Ya, price stays inside trendlines and trend channels until they dont...so what?

Well, that's how it works. Trends begin and end on all timescales. Fibos exist on many timescales. The rate at which they arise and disappear is related to the timescale.

The TL system posted earlier today was one of many in process at that time, and it began and ended on its own timescale.

The unique thing about EU in this respect is how incredibly NEAT it is. You have to go down at least to 1 min candles, but if you look, you will see that it is different from AU or GY say... which are exceptionally sloppy.
  • #671,030
  • Jul 23, 2012 11:02pm Jul 23, 2012 11:02pm
Quoting jvh2811
Awesome quote LOL
Yeah i liked it too, it leaves people making quotes like this one so far behind...
"

As for me, all I know is that I know nothing."

Biggest joker
  • #671,031
  • Jul 23, 2012 11:08pm Jul 23, 2012 11:08pm
Quoting RWalker
Think it still wants to go up to at least 2170
That means more short
New voice message: Why are you calling me? If I need you, I'll call you!
  • #671,032
  • Jul 23, 2012 11:10pm Jul 23, 2012 11:10pm
Quoting KillerWhale
That means more short
Okay, I get it.
  • #671,033
  • Jul 23, 2012 11:12pm Jul 23, 2012 11:12pm
Quoting RWalker
Well, that's how it works. Trends begin and end on all timescales. Fibos exist on many timescales. The rate at which they arise and disappear is related to the timescale.

The TL system posted earlier today was one of many in process at that time, and it began and ended on its own timescale.

The unique thing about EU in this respect is how incredibly NEAT it is. You have to go down at least to 1 min candles, but if you look, you will see that it is different from AU or GY say... which are exceptionally sloppy.
And if you're not already aware, an up'trend' has to have higher highs and higher lows. Just like with a down'trend.' Lower highs and lower lows. None of this lower highs and higher lows stuff.
Time turns trend. - W.D. Gann
  • #671,034
  • Jul 23, 2012 11:15pm Jul 23, 2012 11:15pm
Stop teasing me. Drop.
Attached Image (click to enlarge)
Click to Enlarge Name: m5gann11.jpg Size: 117 KB
Time turns trend. - W.D. Gann
  • #671,035
  • Jul 23, 2012 11:21pm Jul 23, 2012 11:21pm
Quoting ForExtraPips
And if you're not already aware, an up'trend' has to have higher highs and higher lows. Just like with a down'trend.' Lower highs and lower lows. None of this lower highs and higher lows stuff.

Interesting point. I guess if the definition of trend as HH and LL (+ convers) is too pure, then it's inconsistent with the idea of a trend "system". You could say it's just semantics, but the admixture of varying timescale trends does complicate the definition. You're makin me think here...
  • #671,036
  • Jul 23, 2012 11:22pm Jul 23, 2012 11:22pm
Quoting KillerWhale
That means more short
i don't my friend , i think 70 is assassination zone any think above 72 should trigger longer term bull , my technical knowledge on long term is very limited, i hope some expert will explain
Mohan
  • #671,037
  • Jul 23, 2012 11:25pm Jul 23, 2012 11:25pm
Quoting ForExtraPips
Stop teasing me. Drop.

I don't think it's going to until it's gone up to ~2175
  • #671,038
  • Jul 23, 2012 11:26pm Jul 23, 2012 11:26pm
Quoting RWalker
Interesting point. I guess if the definition of trend as HH and LL (+ convers) is too pure, then it's inconsistent with the idea of trend "systems". You could say it's just semantics, but the admixture of varying timescale trends does complicate the definition. You're making me think about here...
Yes. That is what used to get me burned in this market. "Oh, oh, look, we're in an uptrend, baby. I'm going long." When all that it was, was a temporary spike up. Then I'd go long and get burned. But after looking at the candles, in regards to HH and HL, etc..... it has really helped me in my determination of what to do.
Time turns trend. - W.D. Gann
  • #671,039
  • Jul 23, 2012 11:31pm Jul 23, 2012 11:31pm
Quoting ForExtraPips
Yes. That is what used to get me burned in this market. "Oh, oh, look, we're in an uptrend, baby. I'm going long." When all that it was, was a temporary spike up. Then I'd go long and get burned. But after looking at the candles, in regards to HH and HL, etc..... it has really helped me in my determination of what to do.

Actually, I don't channel trade much. I use trendline sets as "respect" indicators - ie: likely spots for reversals and breakouts. (... just another form of S/R) They're like cockroaches - find one, there are probably more.
  • #671,040
  • Jul 23, 2012 11:37pm Jul 23, 2012 11:37pm
Quoting RWalker
Actually, I don't channel trade much. I use trendline sets as "respect" indicators - ie: likely spots for reversals and breakouts. (... just another form of S/R)
That's what I'm working on right now in regards to Gann's way of trading. Where price meets time type thing. This chart I'm still drawing up, not done yet. It's the same chart that I've been posting on here zoomed in. Watching the 45 degree angle thing. And how price hits it, then either bounces off the trendline or breaks through it. Knowing where to go short or long. Still experimenting with it on smaller time frames. But so far, so good. Vertical lines is where I look for possible reversals. Time to hit the sack. Good night. And GL.
Attached Image (click to enlarge)
Click to Enlarge Name: gannsquare.jpg Size: 205 KB
Time turns trend. - W.D. Gann
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