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  • #737,161
  • Dec 20, 2012 1:37pm Dec 20, 2012 1:37pm
Quoting fxnav
Hook? He is the biggest tax and spend guy BA has.
ah
  • #737,162
  • Dec 20, 2012 1:39pm Dec 20, 2012 1:39pm
Quoting kiranitoot
A lower close today would indicate a reversal. Anyhow, I'm all bears unil next week.

I'm still good for about 80 more pips till account gets blown to bits.
it's still ranging as far as I can tell..
  • #737,163
  • Dec 20, 2012 1:43pm Dec 20, 2012 1:43pm
Quoting kiranitoot
A lower close today would indicate a reversal. Anyhow, I'm all bears unil next week.

I'm still good for about 80 more pips till account gets blown to bits.

We are dollar driven as of late, a bit of good news and the dollar will drop, equities will rally and eurusd will follow. If we do go off the cliff that will be bad news indeed all the big players will unwind their equity positions and run to the dollar increasing its price so the eurusd will go down.

The whole trading world is watching a few OAP's in the US right now for further direction.

Once the FC is behind us in the first week of Jan, normal behaviour will resume again. This week and next just trade what you hear out of the US, good news, dollar down, bad news, dollar up.
The great majority are rarely capable of thinking independently.
  • #737,164
  • Dec 20, 2012 1:44pm Dec 20, 2012 1:44pm
Quoting attila
it's still ranging as far as I can tell..
Yeah on lower tf's but I trade the daily chart.

A shooting star waiting for confirmation, an ascending triangle waiting for the last touch on the ground before launching into space, and probablya small leg D for a small elliot wave.
There is nothing in the Universe but mathematical points of force.
  • #737,165
  • Dec 20, 2012 1:45pm Dec 20, 2012 1:45pm
Quoting kiranitoot
Yeah on lower tf's but I trade the daily chart.

A shooting star waiting for confirmation, an ascending triangle waiting for the last touch on the ground before launching into space, and probablya small leg D for a small elliot wave.

Daily, weekly and monthly all want higher and are primed to run on good news, that will cause everyone to dump dollars. get a bit of good news on top of that in europe and we are looking at the high 1.30's again.
The great majority are rarely capable of thinking independently.
  • #737,166
  • Dec 20, 2012 1:47pm Dec 20, 2012 1:47pm
i smell.. inbetween days... waiting for close >33 or <32
failure is not an option.
  • #737,167
  • Dec 20, 2012 1:48pm Dec 20, 2012 1:48pm
Quoting Ken A
And where is it going from now?
- 3211 bear-side of the day and 12h closed.. if near the high bullish.. if near the middle of the high and low. its a high seas candle just like the month one. meaning wtf potential.
those who can, do. those who cant, talk about those who can
  • #737,168
  • Dec 20, 2012 1:51pm Dec 20, 2012 1:51pm
Quoting gatorinla
- 3211 bear-side of the day and 12h closed.. if near the high bullish.. if near the middle of the high and low. its a high seas candle just like the month one. meaning wtf potential.
Yeah it can go anywhere from here.
  • #737,169
  • Dec 20, 2012 1:52pm Dec 20, 2012 1:52pm
Quoting Ken A
Yeah it can go anywhere from here.

No it can't
The great majority are rarely capable of thinking independently.
  • #737,170
  • Dec 20, 2012 1:56pm Dec 20, 2012 1:56pm
Quoting fxnav
No it can't
why do you feel the need to contradict everything that ken says ?
  • #737,171
  • Dec 20, 2012 1:58pm Dec 20, 2012 1:58pm
Being one who has only read books and learned by trial & error ; I would like to thank attila and gatorinla for their assistance in helping build my oanda acct. I say this because these forums often turn into a rucus--you never know who is lurking and benefiting from your posts. Thanks a lot guys !
  • #737,172
  • Dec 20, 2012 2:00pm Dec 20, 2012 2:00pm
Quoting godrich
why do you feel the need to contradict everything that ken says ?

He is a bit of an inexperienced trader and by his own admissions has no clue how to trade the fundamentals.

Here are some of his orther posts:

Quoting Ken A
After all these years, can't say I am doing very well. Once I thought I got it, next I was hit pretty bad.
Quoting Ken A
It's the fundamental side that I don't have confidence in myself.
Quoting Ken A
I don't fully grasp the fundamental side that will affect the PA.
The danger with guys like Ken is that he has accumulated a few posts and recomendations here from others but he has no clue on how to trade and as far as I can tell is not profitable at all.


A litlle bit of knowledge is a dangerous thing and today Ken showed us all that his grasp of basic trading principles is non existent.


All this goes back to the discussion from this morning, vouches mean sod all, as a matter of fact many of the higher vouched members here have no clue how to trade.


Ken may well be a lovely guy to hang around with, but when it comes to trading he is just as lost as the majority of the others here. However he continues to make it sound like he knows it all and that I cannot accept as there are so many newer traders here who could well be persuaded by Kenny to do the wrong thing entirely.

I am all for free speech, but as long as Ken keeps posting the amount of rubbish that he does, I will continue to correct him at all times. He may actually learn something from it, wouldn't that be a wonderful thing?

I have been fairly polite to him in my posts towards him and would love it when he could admit that he is actually wrong and has learned something from this dialogue.

If Ken can't do that, then maybe, just maybe a few others will pick up a bit of knowledge from this discussion that could well set them on their way in becoming profitable, isn't that what this thread is all about?
The great majority are rarely capable of thinking independently.
  • #737,173
  • Dec 20, 2012 2:07pm Dec 20, 2012 2:07pm
Quoting fxnav
All this goes back to the discussion from this morning, vouches mean sod all, as a matter of fact many of the higher vouched members here have no clue how to trade.
I'm including myself in that group. That's why it has to be ignored until the administrators of this site find a way to improve this system or kibosh it altogether.
Not all sins are created equal
  • #737,174
  • Dec 20, 2012 2:07pm Dec 20, 2012 2:07pm
hopefully it'll move this hour with the close..
  • #737,175
  • Dec 20, 2012 2:07pm Dec 20, 2012 2:07pm
Quoting fxnav
He is a bit of an inexperienced trader and by his own admissions has no clue how to trade the fundamentals.

Here are some of his orther posts:


y.
fxnav, i want a recommendation from you if the 7 days MA will sit on 1.3165 zone at dec. 31...
I'll shop after the drop
  • #737,176
  • Dec 20, 2012 2:08pm Dec 20, 2012 2:08pm
Quoting Jay Walker
I'm including myself in that group. That's why it has to be ignored until the administrators of this site find a way to improve this system or kibosh it altogether.
Maybe we should reverse the system.. and vouch for the worst. The more vouches one has, the more he sucks.
  • #737,177
  • Dec 20, 2012 2:10pm Dec 20, 2012 2:10pm
Quoting attila
hopefully it'll move this hour with the close..
Attila, I'm on about page 29 of your posts (so I have a long way to go, I'll admit). I'm curious if you would be willing to share how many moves you caught today, especially with the current range happening?

Either way (answer or not), thanks for what you've shared.
  • #737,178
  • Dec 20, 2012 2:11pm Dec 20, 2012 2:11pm
Quoting fxnav
He is a bit of an inexperienced trader and by his own admissions has no clue how to trade the fundamentals.

Here are some of his orther posts:







The danger with guys like Ken is that he has accumulated a few posts and recomendations here from others but he has no clue on how to trade and as far as I can tell is not profitable at all.


A litlle bit of knowledge is a dangerous thing and today Ken showed us all that his grasp of basic trading principles is non existent.


All this goes back to the discussion from this morning, vouches...

fair enough and thank you for explaining your actions.

you strike me as an intelligent person and certainly a more knowledgeable trader than myself.

that being said now that you have voiced your opinion maybe its time to let it be, its starting to appear a little obsessive.

keep the good posts coming though, i enjoy reading your opinion as i enjoy reading the opinions of others, ken included. you never know, the person you least expect to help you may in fact just do so.
  • #737,179
  • Dec 20, 2012 2:11pm Dec 20, 2012 2:11pm
Quoting attila
Maybe we should reverse the system.. and vouch for the worst. The more vouches one has, the more he sucks.
I think more of a "this post is helpful" system. So instead of a vouch, there is some way to specifically spell out how many times someone else found a post to be helpful.
Not all sins are created equal
  • #737,180
  • Dec 20, 2012 2:11pm Dec 20, 2012 2:11pm
Quoting fxnav
He is a bit of an inexperienced trader and by his own admissions has no clue how to trade the fundamentals.

Here are some of his orther posts:







The danger with guys like Ken is that he has accumulated a few posts and recomendations here from others but he has no clue on how to trade and as far as I can tell is not profitable at all.


A litlle bit of knowledge is a dangerous thing and today Ken showed us all that his grasp of basic trading principles is non existent.


All this goes back to the discussion from this...
I'm pretty sure you are not ordinary member


have a good day
If there was easy money lying around,no one would be forcing it into your
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