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  • #1,461
  • Jul 26, 2012 2:03pm Jul 26, 2012 2:03pm
[quote=DaddyBear;5879994]DaddyBear once said, "History repeats itself so does the Forex market." DB's view coincides with yours but without GUARANTEE. That is the major drawback of his view because of the lack of GUARANTEE.[/quote=


Fluctuation = to ebb and flow in waves............... The only way a GUARANTEE won't work is if the whole world BLEW UP and wiped mankind off the map. In that case, I would no longer be here to back up the guarantee and nobody else will be around to demand their money back. A win win situation for me.
  • #1,462
  • Jul 26, 2012 2:46pm Jul 26, 2012 2:46pm
She failed to breach 383 three times and now going above 400 again...not good for me. Maybe japan win over spain have something to do with this.
  • #1,463
  • Jul 26, 2012 2:55pm Jul 26, 2012 2:55pm
Quoting azzam
She failed to breach 383 three times and now going above 400 again...not good for me. Maybe japan win over spain have something to do with this.
azzam, don't look at small TF. When looking at a bigger picture, you get a better view.
daddybearforex. com
  • #1,464
  • Jul 26, 2012 3:22pm Jul 26, 2012 3:22pm
seriously, i know its quite early opening a short position now but i just wanna scalp. But on the on the other hand, i "think" the flat lining of the TK and KS will attract price back to equilibrium or at least test the upper kumo. I open for advice from all. still waiting on the close of the current candle
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  • #1,465
  • Jul 26, 2012 3:40pm Jul 26, 2012 3:40pm
Quoting desolar
seriously, i know its quite early opening a short position now but i just wanna scalp. But on the on the other hand, i "think" the flat lining of the TK and KS will attract price back to equilibrium or at least test the upper kumo. I open for advice from all. still waiting on the close of the current candle
If you wanna scalp, why would you use a H4 chart? What kind of scalping are you looking for?
daddybearforex. com
  • #1,466
  • Jul 26, 2012 3:48pm Jul 26, 2012 3:48pm
Scores level going into injury time ...
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  • #1,467
  • Jul 26, 2012 3:50pm Jul 26, 2012 3:50pm
Quoting DaddyBear
If you wanna scalp, why would you use a H4 chart? What kind of scalping are you looking for?
the 4hr chart was just to show the kumo and co.
  • #1,468
  • Jul 26, 2012 4:04pm Jul 26, 2012 4:04pm
Quoting desolar
the 4hr chart was just to show the kumo and co.
I used to be a fan of Ichimoku clouds but gave it up after not being able to find a reason to continue such use on my charts. Could you share your insights as to how you use it to benefit your trading?
daddybearforex. com
  • #1,469
  • Jul 26, 2012 4:15pm Jul 26, 2012 4:15pm
..ok. There are quite a few number of facts that I,ve noted that works.
Potential sell for a TK cross below the clouds and vice versa.
..Once the kumo is broken, it tends to act as a support.
..The TK and KS kinda brings price back to balance. If price moves too far too quick, there is bound to be a pullback to the TS or KS which acts as a stronger support or resistance in either case.
  • #1,470
  • Jul 26, 2012 4:25pm Jul 26, 2012 4:25pm
Quoting desolar
..ok. There are quite a few number of facts that I,ve noted that works.
Potential sell for a TK cross below the clouds and vice versa.
..Once the kumo is broken, it tends to act as a support.
..The TK and KS kinda brings price back to balance. If price moves too far too quick, there is bound to be a pullback to the TS or KS which acts as a stronger support or resistance in either case.
Are those indicators lagging or real-time?
daddybearforex. com
  • #1,471
  • Jul 26, 2012 4:30pm Jul 26, 2012 4:30pm
Quoting DaddyBear
The FIB 50.0% of July 2011 HH coincides with FIB 50.0% of Feb. 2012 HH. This means the current triangle of the larger TF is symmetric. This FIB 50.0% is the center line of this triangle and the important resistance and support of previous PA. FYI only.
Can someone translate please or at least point me in the direction where I can learn more about what is being said or the relevance?
  • #1,472
  • Jul 26, 2012 4:38pm Jul 26, 2012 4:38pm
Quoting desolar
seriously, i know its quite early opening a short position now but i just wanna scalp. But on the on the other hand, i "think" the flat lining of the TK and KS will attract price back to equilibrium or at least test the upper kumo. I open for advice from all. still waiting on the close of the current candle
Hi,
You have posted a GBP/USD chart. Can you post your AUD/USD chart please.
  • #1,473
  • Jul 26, 2012 4:41pm Jul 26, 2012 4:41pm
Quoting DaddyBear
Are those indicators lagging or real-time?
They are lagging. Would you suggest any real time indicator?
  • #1,474
  • Jul 26, 2012 4:43pm Jul 26, 2012 4:43pm
Quoting mattheweston
Can someone translate please or at least point me in the direction where I can learn more about what is being said or the relevance?
Use daily or H4/1 charts to draw some lines based on the information provided. Do your own due diligence and find the answer.
daddybearforex. com
  • #1,475
  • Jul 26, 2012 4:51pm Jul 26, 2012 4:51pm
Quoting desolar
They are lagging. Would you suggest any real time indicator?
Due to its lagging nature, I found I stayed behind the curve all the time when using Ichimoku clouds. As a small guy, in order to survive in the Forex market, I avoid using lagging indicators such as MACD, Ichimoku, long-term SMA and etc. 3-period pivot and ADX are examples of real-time indicators. you may find some other real-time indicators yourself.
daddybearforex. com
  • #1,476
  • Jul 26, 2012 4:58pm Jul 26, 2012 4:58pm
Quoting DaddyBear
Due to its lagging nature, I found I stayed behind the curve all the time when using Ichimoku clouds. As a small guy, in order to survive in the Forex market, I avoid using lagging indicators such as MACD, Ichimoku, long-term SMA and etc. 3-period pivot and ADX are examples of real-time indicators. you may find some other real-time indicators yourself.
My point is that while scalping in the Forex market, you are using lagging indicators. I am not sure how you can stay ahead of the curve.
daddybearforex. com
  • #1,477
  • Jul 26, 2012 5:04pm Jul 26, 2012 5:04pm
Not bad ended the day +1.2% after been -0.75% at one stage! today aiming for +5%
  • #1,478
  • Jul 26, 2012 5:05pm Jul 26, 2012 5:05pm
Quoting Daytrader74
Not bad ended the day +1.2% after been -0.75% at one stage! today aiming for +5%
  • #1,479
  • Jul 26, 2012 5:06pm Jul 26, 2012 5:06pm
hm
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  • #1,480
  • Edited 6:18pm Jul 26, 2012 5:47pm | Edited 6:18pm
Papa,

As per this we should hit the 1.0250 level, your FIB 50 projections, before moving further up, right?


Series of 3 wave moves highlights triangle possibility
Last 3 wave "E" leg looks like it is still to come
After "E" leg is complete, look for a breakout higher
Rough target is the width of triangle projected from base of "E"
-- IFR
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