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EurAnalysis Kindergarten 24 replies

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  • #57,121
  • Oct 2, 2012 5:07am Oct 2, 2012 5:07am
Quoting afos
FOR WHEN YOU HAVE A FREE MOMENT...

I'VE INVESTIGATING MA'S AND EMA THIS IS A LITTLE LIGHT REVIEW FROM BBC!

http://www.youtube.com/watch?feature...&v=iOucwX7Z1HU
Excellent Share
  • #57,122
  • Oct 2, 2012 5:09am Oct 2, 2012 5:09am
Quoting Likerty
I guess that the point of precise prediction is to know immediately - is it right or wrong..
4hr candle opened at 12am est...I woke up@3:45 am est because statistics show that the next 4hr bar is going to move at least +20 pips...if 90% percent of the time each 4hr bar moves at least 20 pips I will be paying close attention to the 4hr chart and daily chart...nothing else..no indicators..why? CLUSTER....The only signal im waiting on is open and whichever way it decides to go for a few minutes and enter...There is one thing markets cannot take away from you....that 50/50 chance...
  • #57,123
  • Oct 2, 2012 5:10am Oct 2, 2012 5:10am
Quoting HombreAlto
He he Rekon, you've seen me partying before!!

BTW does the underwear pattern work on the daily timeframe? - left hand side of said garment nicely formed on the daily....
Pattern may arise in any TF, but trading on a pattern in lower TF is always has advantage and less Risk than Higher TF.
  • #57,124
  • Oct 2, 2012 5:14am Oct 2, 2012 5:14am
Quoting Likerty
I'm a scalper too but as far as for prediction of the market movement - it is always ongoing process - you wait for next m15 to close then you look for H1 to close, then you look for D1, W1 and etc.. Initial profit targets have nothing to do with the actual prediction. YOU DOUNT HAVE TO KNOW where it goes - you just need the confirmation after confirmation to either close the trades (with loss or profit) or to enter new ones.. I guess that the point of precise prediction is to know immediately if it is wrong..
yep
  • #57,125
  • Oct 2, 2012 5:18am Oct 2, 2012 5:18am
Quoting theIEguy9_09
Nothing in these markets is "that simple"...And my remarks were for traders who keep imposing their long term views on day traders...When I think of a long term trader in the FOREX...what I visualize is a clueless trader or a trader who is playing with pennies...same ole rhetoric coming from people who aren't really trading...FOREX is already manipulated and too risky..I rather get my +20 and move on to the next day because NOBODY knows where the market is going next except for the people pumping millions in this market
I am a long term trader so I guess by your definition, I am clueless and/or playing with pennies.

Nice one
Those who say it cannot be done should not interrupt those who are doing it
  • #57,126
  • Oct 2, 2012 5:19am Oct 2, 2012 5:19am
Quoting rekon67
Pattern may arise in any TF, but trading on a pattern in lower TF is always has advantage and less Risk than Higher TF.
Of course - thanks
  • #57,127
  • Oct 2, 2012 5:19am Oct 2, 2012 5:19am
Quoting PipTrapper
I am a long term trader so I guess by your definition, I am clueless and/or playing with pennies.

Nice one
Its very possible
  • #57,128
  • Oct 2, 2012 5:20am Oct 2, 2012 5:20am
Quoting HombreAlto
.. is my birthday so I thought I'd better get the drinks in.

Help yourselves, but not to the barmaid!!
Happy Birthday Hombre. I know you want the barmaid all to yourself so I promise I'll keep my hands off.

Thanks for the brew

Those who say it cannot be done should not interrupt those who are doing it
  • #57,129
  • Oct 2, 2012 5:21am Oct 2, 2012 5:21am
M15 just printed very nicely looking bearish divergence
69
  • #57,130
  • Oct 2, 2012 5:21am Oct 2, 2012 5:21am
Quoting PipTrapper
I am a long term trader so I guess by your definition, I am clueless and/or playing with pennies.

Nice one
Blimey PT have you been stringing us along all this time....
  • #57,131
  • Oct 2, 2012 5:23am Oct 2, 2012 5:23am
Quoting Likerty
M15 just printed very nicely looking bearish divergence
In that case I am going Long for 10-20 pips
  • #57,132
  • Oct 2, 2012 5:24am Oct 2, 2012 5:24am
Quoting HombreAlto
.. is my birthday so I thought I'd better get the drinks in.

Help yourselves, but not to the barmaid!!
Happy Birthday! Make sure to wear your liver armor!
  • #57,133
  • Oct 2, 2012 5:25am Oct 2, 2012 5:25am
Quoting theIEguy9_09
Its very possible
Well you're certainly entitled to your uninformed opinion. I assure you it is the furthest from the truth... at least in my case anyway.

Everybody has his or her own style of trading. Mine has worked very well for me over many years. Admittedly it is not as easy when CBs intervene and send market sentiment in the opposite direction of the underlying fundamentals. However, reality always hits home at some point.

On that note, I hope that you will live up to the spirit of this thread and refrain from mocking trading styles that do not mesh with yours.
Those who say it cannot be done should not interrupt those who are doing it
  • #57,134
  • Oct 2, 2012 5:25am Oct 2, 2012 5:25am
Quoting theIEguy9_09
Its very possible
No Jabs intended..just being real...people thought that MAGIX was a real trader and I fell victim as well...until I understood the market and watched how real traders picked him apart and he fooled thousands im sure...not saying that pip-trapper is
  • #57,135
  • Oct 2, 2012 5:26am Oct 2, 2012 5:26am
Quoting rekon67
In that case I am going Long for 10-20 pips
Not Actually, Rather I want to see the 1.2925 point first, so far it is a failure.
  • #57,136
  • Oct 2, 2012 5:27am Oct 2, 2012 5:27am
Quoting HombreAlto
Blimey PT have you been stringing us along all this time....
Apparently yes.. Shame on me
Those who say it cannot be done should not interrupt those who are doing it
  • #57,137
  • Oct 2, 2012 5:27am Oct 2, 2012 5:27am
Quoting PipTrapper
On that note, I hope that you will live up to the spirit of this thread and refrain from mocking trading styles that do not mesh with yours.
No worries here
  • #57,138
  • Oct 2, 2012 5:28am Oct 2, 2012 5:28am
Quoting theIEguy9_09
....There is one thing markets cannot take away from you....that 50/50 chance...
I think you are talking a lot of non sense in your latest posts. A couple of trues, most myths and lots of misleading comments. The last one showed it all, 50/50 ...guarantee me those odds and maximizing r:r per TF and Soros will be left behind in no time...

Nothing wrong trading a dozen ticks a day (hey whatever floats your boat...this is trading so) but you suggestion that this style is the norm among real traders and the rest of us who don't share your crumbs is not only wrong but just show your limited trading experience outside FF and online forums.

GL in your trading.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #57,139
  • Oct 2, 2012 5:29am Oct 2, 2012 5:29am
Quoting rekon67
In that case I am going Long for 10-20 pips
If now would be one of the first hours of London sesion and with momentum - why not!? But now... My fear is that any breakout can be faded lower then 10 pips, or 15 pips or wathever target is.. I dount like three Daily highs in a range of 40 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: bearish div m15 10-02.jpg Size: 246 KB
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  • #57,140
  • Oct 2, 2012 5:29am Oct 2, 2012 5:29am
Quoting Gofer Pips
Happy Birthday! Make sure to wear your liver armor!
Thank you I will be tonight.

Question for the experienced traders here, please. Is EurYen forming a H/S on the 4H TF??
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