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  • #18,861
  • Dec 8, 2012 11:55pm Dec 8, 2012 11:55pm
Quoting maximmm
Chinese retail sales data is positive. Not sure if there'll be a gap up, but a slight move higher in the beginning of the week is possible.
Likely. But, the general direction is to be southeast on Monday. IMO
daddybearforex. com
  • #18,862
  • Dec 8, 2012 11:57pm Dec 8, 2012 11:57pm
Quoting DaddyBear
Is this the only method you use in trading?
This is 1 method. My method is a combination of ewp on 5m 15m( H1 and H4 to see bid picture), pivot points( i have a soft for that, in my chart is yellow,red, blue pivots),support and resistance.I am a daily and scalping trader.
  • #18,863
  • Dec 8, 2012 11:57pm Dec 8, 2012 11:57pm
Quoting maximmm
I am now of the opinion that aud is a good long only above 1.07 -
1,06X is not a safe level for longs - despite the year old triangle.
Man, you are really special. If you know it will hit 1,07 why let 200 pips pass by?
daddybearforex. com
  • #18,864
  • Dec 9, 2012 12:01am Dec 9, 2012 12:01am
we never know the exact ( imho ). what i did just like a modelling to see something. when we see something, it will be quite relative .. how we look an elephant
http://www.nature.com/ki/journal/v62...4493262f1b.gif

am interested when the pa is already below or above the median line, especially if the pa is already above/below the channel. once we got this...my eyes will focus in trigger line... and see how the pa react to that line. just a text book

how to draw pitchfork ? i believe u already know it mate....

in my view based on 4H based... there was potential supply already last week and it pushed the pa staying below the channel...even this's followed by bull effort to kick the bear...it's still below the channel.

by combining with harmonic concept...i already saw B point for certain pattern

http://www.trade-forex-harmonic-patt...hark-bu-be.gif

just IMHO

Quoting DaddyBear
I have found that it is hard to apply Andrew's pitchfork to the charts correctly in order to get the real view [not rear view]. How do you use pitchfork? Thanks.
not euphoria follower
  • #18,865
  • Dec 9, 2012 12:06am Dec 9, 2012 12:06am
Quoting iqyu5an
we never know the exact ( imho ). what i did just like a modelling to see something. when we see something, it will be quite relative .. how we look an elephant
http://www.nature.com/ki/journal/v62...4493262f1b.gif

am interested when the pa is already below or above the median line, especially if the pa is already above/below the channel. once we got this...my eyes will focus in trigger line... and see how the pa react to that line. just a text book

how to draw pitchfork ? i believe u already know it mate....
I know how to draw pitchfork but it does not match the trend line.
daddybearforex. com
  • #18,866
  • Dec 9, 2012 12:06am Dec 9, 2012 12:06am
Quoting DaddyBear
Man, you are really special. If you know it will hit 1,07 why let 200 pips pass by?

This has to be a joke. I know it will hit 1.07?
  • #18,867
  • Dec 9, 2012 12:08am Dec 9, 2012 12:08am
Quoting maximmm
This has to be a joke. I know it will hit 1.07?
It was not a joke. I thought you knew it's going to 1.07. Was that your joke?
daddybearforex. com
  • #18,868
  • Dec 9, 2012 12:10am Dec 9, 2012 12:10am
The only thing I know that is that everything points to a greater downside than an upside at current levels and given the lack of momentum to the north. Do I know from which exact level will aud actually plummet? Not really - though it's either from current level or a bit higher. Will I buy at current levels hoping that it will hit the level higher prior to the fall? No.
  • #18,869
  • Dec 9, 2012 12:11am Dec 9, 2012 12:11am
Quoting maximmm
The only thing I know that is that everything points to a greater downside than an upside at current levels and given the lack of momentum to the north. Do I know from which exact level will aud actually plummet? Not really - though it's either from current level or a bit higher. Will I buy at current levels hoping that it will hit the level higher prior to the fall? No.
Have you ever heard buying high and selling higher?
daddybearforex. com
  • #18,870
  • Dec 9, 2012 12:12am Dec 9, 2012 12:12am
Quoting DaddyBear
It was not a joke. I thought you knew it's going to 1.07. Was that your joke?
I said that 1.06X is not a safe level to buy - in that sense, I am going against what I've said before about 1.06X being a good buy level.

Essentially, before I even consider buying, I would need to see a significant move lower and then a very strong recovery move with good momentum.
  • #18,871
  • Dec 9, 2012 12:13am Dec 9, 2012 12:13am
Quoting DaddyBear
Have you ever heard buying high and selling higher?
The only thing I hear is the sound of my super-rocket readying for its move to the center of the earth!^^
  • #18,872
  • Dec 9, 2012 12:16am Dec 9, 2012 12:16am
I would seriously consider buying at 1.015 level in small amounts - though if that level breaks, I'd start selling once this level gets retested.

Having said that - we are currently nowhere near 1.015 - so that's all rather hypothetical.
  • #18,873
  • Dec 9, 2012 12:27am Dec 9, 2012 12:27am
Quoting HelloOz
i think you are desperate..
but i like it..
I prefer to interject a bit of humour in my posts at times. This is not common amongst traders.
  • #18,874
  • Dec 9, 2012 12:29am Dec 9, 2012 12:29am
Quoting iqyu5an
we never know the exact ( imho ). what i did just like a modelling to see something. when we see something, it will be quite relative .. how we look an elephant
http://www.nature.com/ki/journal/v62...4493262f1b.gif

am interested when the pa is already below or above the median line, especially if the pa is already above/below the channel. once we got this...my eyes will focus in trigger line... and see how the pa react to that line. just a text book

how to draw pitchfork ? i believe u already know it mate....

in my view...
Igyu I wrote these models with red in view of EWP.What do you think?
Attached Image
  • #18,875
  • Dec 9, 2012 12:35am Dec 9, 2012 12:35am
Quoting DaddyBear
I know how to draw pitchfork but it does not match the trend line.
DB I wrote these models with red in view of EWP.What you think?
Attached Image
  • #18,876
  • Dec 9, 2012 12:36am Dec 9, 2012 12:36am
hahhaa... i got what u mean ... we're already in 5 in ew right ? and going down for abc correction ??? is that bro ?



Quoting Tim_isoara
Igyu I wrote these models with red in view of EWP.What do you think?
not euphoria follower
  • #18,877
  • Dec 9, 2012 12:45am Dec 9, 2012 12:45am
Quoting iqyu5an
hahhaa... i got what u mean ... we're already in 5 in ew right ? and going down for abc correction ??? is that bro ?

Yes.
  • #18,878
  • Dec 9, 2012 12:49am Dec 9, 2012 12:49am
Quoting Tim_isoara
Yes.
I got my owns and you Will forget about if that is crab shark butterfly etc
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #18,879
  • Dec 9, 2012 12:54am Dec 9, 2012 12:54am
Quoting Tim_isoara
DB I wrote these models with red in view of EWP.What you think?
Sorry, I am not familiar with these patterns.
daddybearforex. com
  • #18,880
  • Dec 9, 2012 12:57am Dec 9, 2012 12:57am
Quoting Luis Carlos
I got my owns and you Will forget about if that is crab shark butterfly etc
Here is one http://www.forexfactory.com/showthread.php?p=6142669&highlight=bullish+pattern#post6142669
Stocktwit: LuisCarlos - twitter: @lcparodi
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