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  • #19,621
  • Dec 12, 2012 9:07am Dec 12, 2012 9:07am
the critical levels
the launchpad for the spaceship stands at 1.065
while the ground level for the super-rocket's entry into the depth of the earth stands at 1.0380
  • #19,622
  • Dec 12, 2012 9:08am Dec 12, 2012 9:08am
Quoting DaddyBear
Because, I saw you were carried to that cemetery a few months ago.
post it,when you think retracement is done
Sometimes it's better to be wrong,to learn..
  • #19,623
  • Dec 12, 2012 9:10am Dec 12, 2012 9:10am
Quoting dbutton1990
Evening Star forming on h4...this is interesting to say the least...
An Evening Star has to be confirmed after the next candle completes. I guess we will be running out of time before Ben opens his mouth today.
daddybearforex. com
  • #19,624
  • Dec 12, 2012 9:10am Dec 12, 2012 9:10am
Quoting DaddyBear
The question is which one comes first.
There is a possibility that neither 0.60 nor 1.80 will be seen in our lifetime.
Yet, if Armageddon does occur, we may see some pretty extreme levels^^
  • #19,625
  • Dec 12, 2012 9:12am Dec 12, 2012 9:12am
Quoting DaddyBear
An Evening Star has to be confirmed after the next candle completes. I guess we will be running out of time before Ben opens his mouth today.
Right. This h4 candle should close at 1pm EST. We will see what happens!
Good luck and may the odds be ever in your favor!
  • #19,626
  • Dec 12, 2012 9:13am Dec 12, 2012 9:13am
Quoting dbutton1990
Right. This h4 candle should close at 1pm EST. We will see what happens!
There is a resistance line at 1.0545. I think at this point it's retesting it. If it holds...resistance becomes support.
Good luck and may the odds be ever in your favor!
  • #19,627
  • Dec 12, 2012 9:15am Dec 12, 2012 9:15am
Quoting KiNgEdwarD
post it,when you think retracement is done
I may post it after you go to bed.
daddybearforex. com
  • #19,628
  • Dec 12, 2012 9:18am Dec 12, 2012 9:18am
Quoting DaddyBear
I may post it after you go to bed.
i'll be here,don't worry,i only sleep 3 hours out of 24
Sometimes it's better to be wrong,to learn..
  • #19,629
  • Dec 12, 2012 9:19am Dec 12, 2012 9:19am
Quoting dbutton1990
There is a resistance line at 1.0545. I think at this point it's retesting it. If it holds...resistance becomes support.
I hope it keeps falling until the Fed.
daddybearforex. com
  • #19,630
  • Dec 12, 2012 9:20am Dec 12, 2012 9:20am
Quoting KiNgEdwarD
i'll be here,don't worry,i only sleep 3 hours out of 24
Which 3 hours are you sleeping?
daddybearforex. com
  • #19,631
  • Dec 12, 2012 9:23am Dec 12, 2012 9:23am
Quoting DaddyBear
Which 3 hours are you sleeping?
no fix time,from 6am-5pm in university,then forex,if get bored,go to sleep.if not watch these shitty charts whole,sleeps the other day after coming from uni
Sometimes it's better to be wrong,to learn..
  • #19,632
  • Dec 12, 2012 9:30am Dec 12, 2012 9:30am
Quoting KiNgEdwarD
no fix time,from 6am-5pm in university,then forex,if get bored,go to sleep.if not watch these shitty charts whole,sleeps the other day after coming from uni
Is your major Forex Trading?
daddybearforex. com
  • #19,633
  • Dec 12, 2012 9:52am Dec 12, 2012 9:52am
Does anyone know of any good websites/sources of information that I can read to get more information about the following:

Fibinocci and it's applications to forex
Elliott Wave Principle
Harmonics
Drawing trendlines and channels
  • #19,634
  • Dec 12, 2012 9:54am Dec 12, 2012 9:54am
Quoting mattheweston
Does anyone know of any good websites/sources of information that I can read to get more information about the following:

Fibinocci and it's applications to forex
Elliott Wave Principle
Harmonics
Drawing trendlines and channels
Elliott Wave Principle
Key to Market Behavior

 By A.J. Frost and Robert R. Prechter, Jr.
daddybearforex. com
  • #19,635
  • Dec 12, 2012 9:57am Dec 12, 2012 9:57am
Quoting DaddyBear
Elliott Wave Principle
Key to Market Behavior

 By A.J. Frost and Robert R. Prechter, Jr.
IMO, we are trading human mentality and behaviors.
daddybearforex. com
  • #19,636
  • Dec 12, 2012 9:59am Dec 12, 2012 9:59am
Quoting DaddyBear
Is your major Forex Trading?
noo
Sometimes it's better to be wrong,to learn..
  • #19,637
  • Dec 12, 2012 10:01am Dec 12, 2012 10:01am
Quoting DaddyBear
IMO, we are trading human mentality and behaviors.
This is the reason I'd say EWP is the Law of the Markets. The market are moved by the traders' heard mentality not the fundamentals. Mastering EWP is like adding wings to a tiger.
daddybearforex. com
  • #19,638
  • Dec 12, 2012 10:10am Dec 12, 2012 10:10am
Quoting DaddyBear
This is the reason I'd say EWP is the Law of the Markets. The market are moved by the traders' heard mentality not the fundamentals. Mastering EWP is like adding wings to a tiger.
I am not Promoting EWP in any way. The fewer people use it, the more accurate it would be. However, it is an invisible element, therefore, it's hierarchical rank is highest among all elements in the charts such as candlesticks, triangles, R/S, H&S and etc.
daddybearforex. com
  • #19,639
  • Dec 12, 2012 10:17am Dec 12, 2012 10:17am
R.N. Elliot incorporated Fibonacci sequence into EWP. A lot of people are talking about Fib numbers all the time but running away from EWP. This is like the Bear looking at the Earth from the Moon.

http://www.forexfactory.com/attachme...1&d=1342456421
daddybearforex. com
  • #19,640
  • Dec 12, 2012 10:20am Dec 12, 2012 10:20am
Quoting DaddyBear
R.N. Elliot incorporated Fibonacci sequence into EWP. A lot of people are talking about Fib numbers all the time but running away from EWP. This is like the Bear looking at the Earth from the Moon.

http://www.forexfactory.com/attachme...1&d=1342456421
i believe NU is the most stubborn pair on earth
Sometimes it's better to be wrong,to learn..
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