New voice message: Why are you calling me? If I need you, I'll call you!
- #696,401
- Sep 23, 2012 12:57pm Sep 23, 2012 12:57pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
- #696,402
- Sep 23, 2012 1:08pm Sep 23, 2012 1:08pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #696,403
- Sep 23, 2012 1:27pm Sep 23, 2012 1:27pm
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
I think they are trying to push it beyond 1.3000. If they fail, it will drop like a stone, but if they succeed, it will move up in steps.
I am still not decisive which way to go, because I don't see the direction at the moment. It is still fighting the level.
You maybe right about 1.2760. MoFu is around there.
"It's the Margin, Stupid."
- #696,406
- Sep 23, 2012 2:39pm Sep 23, 2012 2:39pm
Also just thought I would post this.
Learning to find when divergence is almost guaranteed to happen before it happens has been a massive breakthrough for me.
Of course I must wait for the confirming candles and HL/LH before entering, but that's not what divergence is about. It's not so much about entries as it is knowing when the odds continue to be for the trend, or are starting to be against it.
That's all we can do to be successful traders anyway. Play the probability game. Vegas cleans up with a 1% edge over even the best of gamblers....
I would assume that professional traders would be able to take advantage of this breakthrough "AS-IS", but do you think someone could simplify it to the point where it could be used by noobi traders just looking for beer money?
...or maybe automate it and sell it?
(I'm assuming you are making some serious money with this)
- #696,409
- Sep 23, 2012 2:41pm Sep 23, 2012 2:41pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
I would assume that professional traders would be able to take advantage of this breakthrough "AS-IS", but do you think someone could simplify it to the point where it could be used by noobi traders just looking for beer money?
...or maybe automate it and sell it?
- #696,411
- Sep 23, 2012 2:54pm Sep 23, 2012 2:54pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Without VSA, you're playing checkers while the Smart Money plays chess.
- #696,412
- Sep 23, 2012 3:09pm Sep 23, 2012 3:09pm
- Joined Sep 2011 | Status: Minor crosses. Major pips. | 3,701 Posts
Time turns trend. - W.D. Gann
- #696,414
- Sep 23, 2012 3:20pm Sep 23, 2012 3:20pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #696,417
- Sep 23, 2012 3:39pm Sep 23, 2012 3:39pm
- Joined Dec 2011 | Status: Trader | 4,013 Posts
the daily and weekly look bullish.
but last week looked like a correction or at least the start of one. it started with an evening star and ended with a gravestone. ~2750 looks like a good mofu for now. I think it needs more support before another run at 32 then 34+.
but, fo now, I'm short again. gl to all.
- #696,418
- Sep 23, 2012 3:46pm Sep 23, 2012 3:46pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
what is a gravestone
These all seem to be dark sided terms............... Is there any term like dancing girl, drunk hotties? Etc.
The Thief of Wall Street
- #696,419
- Sep 23, 2012 3:50pm Sep 23, 2012 3:50pm
- | Joined Mar 2011 | Status: I have a member | 674 Posts
what is a gravestone
The book Attila recommended on friday is worth a read!
Steve Nison: Beyond candlesticks. You can find it on google.
