We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
Cable Update (GBPUSD)
- #327,962
- Oct 23, 2012 4:11pm Oct 23, 2012 4:11pm
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
OMG, you're teasing me right, are you serious??
Yeah, all expenses paid, very high profile targets and 50 percent bonus if it lasts 3 weeks.
Who first... Bernanke or King! Both lame really because they will both out of a job within 3 months.
- #327,964
- Oct 23, 2012 4:56pm Oct 23, 2012 4:56pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
I'm DEADLY serious... LOL
Who first... Bernanke or King! Both lame really because they will both out of a job within 3 months.
It's a complex job using tactics of fear, intimidation and lots of paid "volunteers".
Those 2 targets are just the start, job or no job, it's about fighting back and targeting their weakness. They don't care about words and protests, they care about their lives.
They use these tactics in the past on politicians, lets throw it back at them I say.
Come with me if you want to live....
- #327,965
- Oct 23, 2012 4:58pm Oct 23, 2012 4:58pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Does this job involve any blowing? i mean blowing shit up... okay either way i put it just doesnt sound right...
But definitely yes.
This is not an audition for a stick movie.
Come with me if you want to live....
- #327,966
- Oct 23, 2012 5:14pm Oct 23, 2012 5:14pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #327,967
- Oct 23, 2012 5:33pm Oct 23, 2012 5:33pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
http://gyazo.com/922885c19d6e05bd84e0dda92a511b06
First resistance @1.5959... will take some off here.
Come with me if you want to live....
- #327,968
- Oct 23, 2012 5:34pm Oct 23, 2012 5:34pm
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
I don't care
It's a complex job using tactics of fear, intimidation and lots of paid "volunteers".
Those 2 targets are just the start, job or no job, it's about fighting back and targeting their weakness. They don't care about words and protests, they care about their lives.
They use these tactics in the past on politicians, lets throw it back at them I say.
Yes, the bankers are increasing money supply through QE but just as they have added, they can also take it away again.
Don't get me started on politicians... self-serving short-termist political bullshitters.
Anyway, I am done. Trade well!
- #327,970
- Oct 23, 2012 5:41pm Oct 23, 2012 5:41pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
We can't solely lay the blame on the bankers. We, the people, are also to blame for accepting all this cheap credit to try and keep up with the Joneses. It was always a matter of time before the balance of power shifted from the West to the East as their general philosophy is to buy goods with saved money, whereas we like to spend it on credit... buy now, pay (through the nose) later.
Yes, the bankers are increasing money supply through QE but just as they have added, they can also take it away again.
Don't get me started on politicians... self-serving...
I don't tend to discuss politics (in a traditional way) for 2 main reasons.
1. I know or care very little for it.
2. your 2nd and 3rd last lines.
you too
Come with me if you want to live....
- #327,971
- Oct 23, 2012 10:07pm Oct 23, 2012 10:07pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
We can't solely lay the blame on the bankers. We, the people, are also to blame for accepting all this cheap credit to try and keep up with the Joneses. It was always a matter of time before the balance of power shifted from the West to the East as their general philosophy is to buy goods with saved money, whereas we like to spend it on credit... buy now, pay (through the nose) later.
Yes, the bankers are increasing money supply through QE but just as they have added, they can also take it away again.
Don't get me started on politicians... self-serving...
Clear, sound, common sense. I would recommend all of you to follow this trader..> Google .
http://www.acegazette.com/en/
All systems of divination, like music itself,work through patterns.
- #327,972
- Edited Oct 24, 2012 1:23am Oct 23, 2012 11:44pm | Edited Oct 24, 2012 1:23am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
What is the trend on the weekly? I mean, we have come from 1.53 so the trend is up right? So if you are trading with the trend... why are you shorting the shit out of it?
I am not trying to throw you off here... I am just trying to get you to think about what a trend actually is, because doesn't each timeframe have its own trend?
Oh shut up you tart
(just kidding bguguen)Cable pullbacks on longer term trends can be maddening because they go on for weeks at a time. (that's when I usually drop TF. ... it's a lot less stressful than watching 61% of profits vanish holding for that length of time).
Here's what I'm looking at on the weekly. We have some nice confluences close to where we're sitting and lower around the 50% area. Until we get a clear higher TF bounce at one of these levels, there's no reason for me to re-enter longs yet, except perhaps for a small intraday pullback on the medium term move, especially if the 1.600 handle holds as resistance. We're at the Weekly channel bottom here and near the longer term trendline, so it will be interesting to see how price reacts here.
About the other thing, I sent you a PM, but sorry I didn't reply sooner. I fell asleep after the move down which was better than watching paint dry for the rest of NY session.
Anyway, I'd like to say here that Brian is one of the traders I have respect for on this forum who actually contributes something of value, and apologize for any confusion caused by my prior, now deleted, post. (I'm much better at math than words.
)Anyway, enough said.
Back to trading.
- #327,973
- Oct 24, 2012 12:40am Oct 24, 2012 12:40am
Monthly and weekly are KING! Embrace these two timeframes because ultimately they do the driving of any currency.
I check the weekly at least 3 or 4 times a week to see the candle formation. The formation of the candle itself can tell you a lot. Some people say that you can only read a candle once it is closed, but I say different. How the candle is formed can also tell you many things. When it is a weekly candle, you have plenty of time to 'see' how the candlestick is formed. The lower the timeframe, the less time you have to analyse the formation...
deep R
oT is essential for everlasting happyness
oT is essential for everlasting happyness- #327,974
- Oct 24, 2012 1:26am Oct 24, 2012 1:26am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
- #327,976
- Oct 24, 2012 1:41am Oct 24, 2012 1:41am
- Joined Apr 2009 | Status: Know Your Wave | 2,640 Posts
- #327,977
- Oct 24, 2012 1:44am Oct 24, 2012 1:44am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Great call Tau. Well done
Lucky
All the best to you
- #327,978
- Oct 24, 2012 1:48am Oct 24, 2012 1:48am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Hey Tau,
Nicely done!
Current DX 4H for reference as well.
Appreciated - one had to go my way for a change.
Got out @ 1.5985
Now aside to see what will form today.
All the best
- #327,979
- Oct 24, 2012 1:50am Oct 24, 2012 1:50am
- | Membership Revoked | Joined Jul 2011 | 3,291 Posts
Good day to you, sir
Appreciated - one had to go my way for a change.
Got out @ 1.5985
Now aside to see what will form today.
All the best
that is what I call gambling. bullshit call. no logic to go to 1.598x. u are just lucky.