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  • #15,941
  • Edited 7:41am Nov 25, 2012 7:22am | Edited 7:41am
Quoting John Gray
Hi Daddybear haven't posted here in a long time,

Just saw your post regarding that $2000 DVD.

I'm guessing it was some cross of 2 different moving averages or something alike.

After trading for two years, I have found that no single tool works, there is no holy grail!

But using a collection of tools, having as many strings to my bow as possible, leads to success, or a better chance at it.

Forex is difficult, the point is learning process never ends, trading conditions change and the trading strategy much change accordingly.


Gray
Welcome back, John. I agree with the most part of your message except "there is no holy grail!" because I believe there is a Holy Grail.
daddybearforex. com
  • #15,942
  • Nov 25, 2012 7:29am Nov 25, 2012 7:29am
Quoting ozpips
Well as per your example of old school teaching with your Dvd and MA's. I'm sure there are many who are successful using simple techniques too and probably even more who are unsuccessful using state of the art modern teachings.

I believe the most difficult part now days is the trade management or the exit. Off course that is also where the mind and the charts and the money at stake all intertwine and you end up in a psychedelic comatosis.

And I don't care what anyone says where and when to get out is not always executed according to your plan...
Thanks for your comments. The old school teachings are based on the instructors' mindsets not the techniques. No matter how good an indicator is. When used by an old school guy, it becomes useless.
daddybearforex. com
  • #15,943
  • Nov 25, 2012 7:39am Nov 25, 2012 7:39am
CNN: Spain's next threat: Losing 20% of its economy
"Spain's Catalonia region votes; move for independence remains major debate"

This is Sunday's headlline worldwide. Is this vote going to disturb the markets? EU is Australia's second largest trade partner. Any instability in the EU region would cast shadow to her economy.

Spain has been in big trouble already. Now this issue may drive Spain off the cliff.
daddybearforex. com
  • #15,944
  • Nov 25, 2012 8:04am Nov 25, 2012 8:04am
u're welcome, just a sharing bro ( about harmonic..not more ). we're in prz...based on ratio but should watch the pa also for sure

about the yellow fireworks .... it's manual. i just wanna show my area of interest ....
platform ? standard mt4

Quoting DaddyBear
Thanks for your nice charts. One question for the USDX. Are those two yellow fireworks generated by the platform itself? Also, what platform is it?
not euphoria follower
  • #15,945
  • Nov 25, 2012 8:06am Nov 25, 2012 8:06am
Quoting DaddyBear
CNN: Spain's next threat: Losing 20% of its economy
"Spain's Catalonia region votes; move for independence remains major debate"

This is Sunday's headlline worldwide. Is this vote going to disturb the markets? EU is Australia's second largest trade partner. Any instability in the EU region would cast shadow to her economy.

Spain has been in big trouble already. Now this issue may drive Spain off the cliff.

"A strong mandate for Mas and other Catalan independence leaders from the left will undermine Rajoy's mission to persuade investors of Spain's fiscal and political stability.Spain's deep recession and high public deficit have put it at the heart of the euro zone debt crisis and the government's borrowing costs are painfully high."


http://www.cnbc.com/id/49954024
daddybearforex. com
  • #15,946
  • Nov 25, 2012 8:11am Nov 25, 2012 8:11am
Quoting iqyu5an
u're welcome, just a sharing bro ( about harmonic..not more ). we're in prz...based on ratio but should watch the pa also for sure

about the yellow fireworks .... it's manual. i just wanna show my area of interest ....
platform ? standard mt4
I used Mt4 before and couldn't make it the way shown in your charts. May be you are good in MT4 scripts coding. Although I am good in NinjaTrader and ProRealTime code writing, MT4 's language is hard to handle.
daddybearforex. com
  • #15,947
  • Nov 25, 2012 8:12am Nov 25, 2012 8:12am
Current Rate: 568/608
daddybearforex. com
  • #15,948
  • Nov 25, 2012 8:13am Nov 25, 2012 8:13am
Quoting DaddyBear
What are the top and bottom of the range?
15 pips up or down from fridays close of 1.0457
The More You Learn, The More You Earn.....
  • #15,949
  • Nov 25, 2012 8:16am Nov 25, 2012 8:16am
Quoting DaddyBear
Current tally of the poll: UP 60% vs. Down 40%
Current tally of the poll: UP 37.5%, Down 37.5% and Flat 25%
(Voting booth is located at the first page.)

http://www.forexfactory.com/attachme...1&d=1353811326
daddybearforex. com
  • #15,950
  • Nov 25, 2012 8:18am Nov 25, 2012 8:18am
Quoting forexalien
15 pips up or down from fridays close of 1.0457
So, it would be between 1.0442 and 1.0472. How did you figure out this range?
daddybearforex. com
  • #15,951
  • Nov 25, 2012 8:25am Nov 25, 2012 8:25am
Quoting DaddyBear
What is the direction of the Sunday initial move?
Note : last week open, we had a gap up of serveral pips. It took 3 days before the market came back to close that gap.
The More You Learn, The More You Earn.....
  • #15,952
  • Nov 25, 2012 8:27am Nov 25, 2012 8:27am
http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_24/11/2012_471493

'Some reports said that sources in Brussels suggested that a final decision might not be reached and that finance ministers might have to postpone an agreement until a regular Eurogroup meeting on December 3.'

I would not be surprised if euro went down 200 pips and then up 400 - as it did last time - just to mess up with traders.
  • #15,953
  • Nov 25, 2012 8:27am Nov 25, 2012 8:27am
am not the coder aniway

just user of zup indi and harmonic ratio ...
Quoting DaddyBear
I used Mt4 before and couldn't make it the way shown in your charts. May be you are good in MT4 scripts coding. Although I am good in NinjaTrader and ProRealTime code writing, MT4 's language is hard to handle.
not euphoria follower
  • #15,954
  • Nov 25, 2012 8:27am Nov 25, 2012 8:27am
Quoting forexalien
Note : last week open, we had a gap up of serveral pips. It took 3 days before the market came back to close that gap.
This Sunday the fortune may be reversed.
daddybearforex. com
  • #15,955
  • Nov 25, 2012 8:29am Nov 25, 2012 8:29am
Quoting iqyu5an
am not the coder aniway

just user of zup indi and harmonic ratio ...
Based on your charts, your take is the Aussie will drop to 1.040x level. Correct me if I am wrong.
daddybearforex. com
  • #15,956
  • Nov 25, 2012 8:30am Nov 25, 2012 8:30am
Quoting maximmm
http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_24/11/2012_471493

'Some reports said that sources in Brussels suggested that a final decision might not be reached and that finance ministers might have to postpone an agreement until a regular Eurogroup meeting on December 3.'

I would not be surprised if euro went down 200 pips and then up 400 - as it did last time - just to mess up with traders.
Agree. This may be the scenario to be played out this week.
daddybearforex. com
  • #15,957
  • Nov 25, 2012 8:32am Nov 25, 2012 8:32am
Quoting DaddyBear
Current tally of the poll: UP 37.5%, Down 37.5% and Flat 25%
(Voting booth is located at the first page.)
The Gap Up expectation is leading now.....

http://www.forexfactory.com/attachme...1&d=1353811326
daddybearforex. com
  • #15,958
  • Nov 25, 2012 8:37am Nov 25, 2012 8:37am
Quoting DaddyBear
"A strong mandate for Mas and other Catalan independence leaders from the left will undermine Rajoy's mission to persuade investors of Spain's fiscal and political stability.Spain's deep recession and high public deficit have put it at the heart of the euro zone debt crisis and the government's borrowing costs are painfully high."

http://www.cnbc.com/id/49954024
"Polls close at 1900 GMT." CNBC
It is 1200 EST. Let me see what happens after the poll closed.
daddybearforex. com
  • #15,959
  • Nov 25, 2012 8:39am Nov 25, 2012 8:39am
Quoting DaddyBear
"Polls close at 1900 GMT." CNBC
It is 1200 EST. Let me see what happens after the poll closed.
I expect the Aussie to move according to the poll result in Catalonia, Spain.
daddybearforex. com
  • #15,960
  • Nov 25, 2012 8:42am Nov 25, 2012 8:42am
Quoting DaddyBear
The gap can happen either way regardless of how Friday close is.
What creates the gap? Accounting adjustment? After hours transactions with large countries, why a split second change at the beginning of the week? Maybe it is millions of traders closing their positions at the last second before market close on friday....If this is the case, we will gap down, because if more traders wanted to continue long, then they would just wait for the market to open on sunday, wait for their favorite TF to cycle low and get back in....anyone's thoughts?
The More You Learn, The More You Earn.....
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