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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #57,141
  • Oct 2, 2012 5:30am Oct 2, 2012 5:30am
Quoting theIEguy9_09
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...
trade with what you are confident with. I don't agree with you at all though. Markets constantly tell us direction it simply a matter of patience and looking at whatever time frame you trade and relate what the market is telling you.
  • #57,142
  • Oct 2, 2012 5:30am Oct 2, 2012 5:30am
Quoting rekon67
Not Actually, Rather I want to see the 1.2925 point first, so far it is a failure.
Hold that thought...I'm looking for the same level to bring my position to BE...Likerty I hope that div that u see will carry us into the 1H where we will hopefully all get are pips...
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Those that say do not know. Those that know do not say.
  • #57,143
  • Oct 2, 2012 5:31am Oct 2, 2012 5:31am
Quoting theIEguy9_09
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
Well you are more than welcome to read all my detailed daily outlooks in my blog and then you can judge for yourself.

I'm not trying to fool anyone here. If I did, I would only be fooling myself.
Those who say it cannot be done should not interrupt those who are doing it
  • #57,144
  • Oct 2, 2012 5:32am Oct 2, 2012 5:32am
Quoting Likerty
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.
Nothing wrong in it, price is near 1.2925 and it is so far a strong resistance and may attract Sellers.
  • #57,145
  • Oct 2, 2012 5:32am Oct 2, 2012 5:32am
I want a refund PT

What was wrong with Magix? I PM'ed him once and he helped me out, knew what he was talking about, never seen him BS or solicit money. What was your bad experience?
"Don't Panic..."
  • #57,146
  • Oct 2, 2012 5:33am Oct 2, 2012 5:33am
Quoting theIEguy9_09
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...
What can I say......IMO playing 50/50 chance just on a few minutes of a 4H candle is gambling.

Did the statistics wake you up?

+20 pips is nothing to a pin bar

Once you enter, are you exiting after 20 pips everytime?

A broken clock is right twice a day.

This is not the first time you have made demeaning comments to other traders.

Always have humility and understand there is more than one way to skin a cat!( sorry again catwoman)
  • #57,147
  • Oct 2, 2012 5:33am Oct 2, 2012 5:33am
Quoting sisse
I think you are talking a lot of non sense if your latest posts. A couple of trues, most myths and lots of misleading comments. The last one show 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...
This is exactly what I mean...open a trade...unless you're pumping big money into this market which your not you will not know where the market is going...you will have a 50/50 chance of getting that trade right if you keep your gains realistic...smh 10-20 pips on a lot..can you count? what is the average wage in your area?
  • #57,148
  • Oct 2, 2012 5:35am Oct 2, 2012 5:35am
Quoting HombreAlto
Thank you I will be tonight.

Question for the experienced traders here, please. Is EurYen forming a H/S on the 4H TF??
It looks like it, but until it carves out a lower high, heads down again and breaks the neckline it could also form a double top... or even a new high.
Those who say it cannot be done should not interrupt those who are doing it
  • #57,149
  • Oct 2, 2012 5:36am Oct 2, 2012 5:36am
Quoting theIEguy9_09
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
This is one thing I don't understand. I am not a trader because I don't have the skills but put real money on the line and I make my own call. Why it's important to doubt others? Unless you make your calls based on what people are saying here. Your account is the best indicator of all.
  • #57,150
  • Oct 2, 2012 5:37am Oct 2, 2012 5:37am
Quoting theIEguy9_09
This is exactly what I mean...open a trade...unless you're pumping big money into this market which your not you will not know where the market is going...you will have a 50/50 chance of getting that trade right if you keep your gains realistic...smh 10-20 pips on a lot..can you count? what is the average wage in your area?
LOL you seriously have a small mentality to understanding market movement. Chicken little mentality. You don't move the market you interpret the market. Money is a idea backed with confidence. Understand that concept.
  • #57,151
  • Oct 2, 2012 5:39am Oct 2, 2012 5:39am
Quoting Gofer Pips
What can I say......IMO playing 50/50 chance just on a few minutes of a 4H candle is gambling.
I trade once a day and load up...you cannot change statistics...what the hell do you think trading is? Your trading against people 95% of the time leaving the other 5% for news and a reason to really push the markets...this is nothing but a game with sooooo many people thinking that their so smart and intellectually above everyone else when that is just not the case...it does not take a rocket scientist to understand the markets...the problem is the 50 million indicators and setups that confuse people...FINANCIAL MARKET IS NOTHING BUT A GAMBLE..your betting against other traders if price is going to move up 20 or down 20...no need for any other thoughts
  • #57,152
  • Oct 2, 2012 5:41am Oct 2, 2012 5:41am
Quoting PipTrapper
It looks like it, but until it carves out a lower high, heads down again and breaks the neckline it could also form a double top... or even a new high.
Thanks PT, a baby to watch.

And you got the barmaid bit right!
  • #57,153
  • Oct 2, 2012 5:43am Oct 2, 2012 5:43am
Quoting theIEguy9_09
This is exactly what I mean...open a trade...unless you're pumping big money into this market which your not you will not know where the market is going...you will have a 50/50 chance of getting that trade right if you keep your gains realistic...smh 10-20 pips on a lot..can you count? what is the average wage in your area?
My friend those stats u are quoting sound generalized...My suggestion would be to run your own numbers based on back tested results! This will give u the insight & confidence I think u need to formulate a system that u will be comfortable to trade.
Those that say do not know. Those that know do not say.
  • #57,154
  • Oct 2, 2012 5:44am Oct 2, 2012 5:44am
Quoting theIEguy9_09
I trade once a day and load up...you cannot change statistics...what the hell do you think trading is? Your trading against people 95% of the time leaving the other 5% for news and a reason to really push the markets...this is nothing but a game with sooooo many people thinking that their so smart and intellectually above everyone else when that is just not the case...it does not take a rocket scientist to understand the markets...the problem is the 50 million indicators and setups that confuse people...FINANCIAL MARKET IS NOTHING BUT A GAMBLE..your...

according to you before nobody can understand the markets. So which is it? Take your 20 scared pips and stop telling others what cannot be done.
  • #57,155
  • Oct 2, 2012 5:45am Oct 2, 2012 5:45am
Quoting theIEguy9_09
I trade once a day and load up...you cannot change statistics...what the hell do you think trading is? Your trading against people 95% of the time leaving the other 5% for news and a reason to really push the markets...this is nothing but a game with sooooo many people thinking that their so smart and intellectually above everyone else when that is just not the case...it does not take a rocket scientist to understand the markets...the problem is the 50 million indicators and setups that confuse people...FINANCIAL MARKET IS NOTHING BUT A GAMBLE..your...
Yup! No need for me to read anymore! And will not waste anymore of my time responding! Welcome to the ever-growing iggy list.
  • #57,156
  • Oct 2, 2012 5:47am Oct 2, 2012 5:47am
Quoting ohenry
My friend those stats u are quoting sound generalized...My suggestion would be to run your own numbers based on back tested results! This will give u the insight & confidence I think u need to formulate a system that u will be comfortable to trade.
If I agreed with the masses I would be a loser at trading...stats? look at every 4hr bar...did it not open hit a high or low and then move to the direction +20 pips most of the time? come on now...this is why I don't post on FF anymore...I have been banned once for my charts and info...this is a pure joke
  • #57,157
  • Oct 2, 2012 5:48am Oct 2, 2012 5:48am
Quoting PipTrapper
After the regional elections which are through the month of October. I wouldn't expect any announcement until November, but maybe Islander can shed some light on that.
OK, I'm back from my trip to our village for a quick clara and a read of the Spanish papers - although I missed the Madrid one - the ABC - but the local and Catalan ones were both saying that PM Rojoy is close to asking for a bailout and implying sooner rather than later.

I'll make certain that I look at the ABC tomorrow when I take a break....
Trading Levels with WRBs
  • #57,158
  • Oct 2, 2012 5:48am Oct 2, 2012 5:48am
Quoting Gofer Pips
Yup! No need for me to read anymore! And will not waste anymore of my time responding! Welcome to the ever-growing iggy list.

yep... ignore.
  • #57,159
  • Oct 2, 2012 5:48am Oct 2, 2012 5:48am
Quoting theIEguy9_09
I trade once a day and load up...you cannot change statistics...what the hell do you think trading is? Your trading against people 95% of the time leaving the other 5% for news and a reason to really push the markets...this is nothing but a game with sooooo many people thinking that their so smart and intellectually above everyone else when that is just not the case...it does not take a rocket scientist to understand the markets...the problem is the 50 million indicators and setups that confuse people...FINANCIAL MARKET IS NOTHING BUT A GAMBLE..your...
Hello friend! How are you? It has no yield to take the crowd against you. You can say Trading is a Gamble if you have poor technical, poor fundamental and poor Sentiment otherwise it is a profession including Hot-Shot Bankers.
  • #57,160
  • Oct 2, 2012 5:48am Oct 2, 2012 5:48am
This is getting nowhere but to provoke and incite others. It's time to put a stop.
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