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Aussie Trading Room and Cartoons Gallery

  • #25,041
  • Jan 19, 2013 11:07pm Jan 19, 2013 11:07pm
Quoting Mr. Scott
This is Steve Walker's showing 5 waves down. Free to go up. He is an excellent trader but recent convert to EWP. Looking forward to exchanging ideas with him as he is revamping his system and is an excellent programmer who incorporates his own ea's into wave identification and projection.

Again, looks like it should wave up to retest high based on strength of move, easy to see on daily. DB, if you look at daily you will easily see as you are excellent at EWP. His charts are busy but get point across. Hope this is helpful and answers the question....
http://www.forexfactory.com/attachme...1&d=1358540938
TL freak....too small of TF, daily looks to be getting close to (C) but not yet, other TF's are not clear........
The More You Learn, The More You Earn.....
  • #25,042
  • Jan 19, 2013 11:09pm Jan 19, 2013 11:09pm
Quoting DaddyBear
Previous downward move is not an impulsive but a correct pattern.
Yes, I agree and don't even trade EWC yet......
The More You Learn, The More You Earn.....
  • #25,043
  • Jan 19, 2013 11:10pm Jan 19, 2013 11:10pm
Quoting DaddyBear
Trading is an art but programming is not. IMO
Yuppers..............
The More You Learn, The More You Earn.....
  • #25,044
  • Jan 19, 2013 11:12pm Jan 19, 2013 11:12pm
Quoting DaddyBear
This is the Tower of Babel in case you have never seen it before.

http://upload.wikimedia.org/wikipedi...t_-_edited.jpg

Pieter Brueghel the Elder (http://en.wikipedia.org/wiki/Pieter_Brueghel_the_Elder) (1526/1530–1569)
Very Kool ! I think I have seen it on TV but in a different format, not a painting.............
The More You Learn, The More You Earn.....
  • #25,045
  • Jan 19, 2013 11:15pm Jan 19, 2013 11:15pm
Quoting mry2001
There is no fair value.

It is either a breakout or a false breakout.

I could be right if it is a real breakout. Mr. Scott wins If it is a false breakout .

A few days ago, I bought au at 1.0526 and he sold at 1.0526. LOL

Then last week I sold at 1.0520 and he bought below that.

I have a very small short position on eu and am waiting for 1.3250 to short heavily.

Check out the RSI divergence on eu daily chart. It is a clear signal.
You have not considered Ranging at these levels for several months......This is the EUR we were talking about.....
The More You Learn, The More You Earn.....
  • #25,046
  • Jan 19, 2013 11:19pm Jan 19, 2013 11:19pm
Quoting Mr. Scott
Bro, you don't follow my posts very closely. I post my trades live when I do them.

I sold at 1.054 and 1.055 on my secret mission on 1/17, covered at 1.0512. Bought in there, then out with a few pips when it did not hold.

I also posted where to buy on the last move down, before it was completed, at 1.049 level. That went all the way 1.056.

Now, I buy 1.048-49 and hold. So, risk free and looking for upside, if wrong I am out with no loss or might be willing to risk a couple of pips.

Go back and read it is all there live.

As I said I...
mry2001 was responding to me about the eur being at fair value.......
The More You Learn, The More You Earn.....
  • #25,047
  • Jan 19, 2013 11:22pm Jan 19, 2013 11:22pm
Quoting DaddyBear
The owner explained the usages of the Hell Grails. They can be used to cut the losers short.......
http://www.forexfactory.com/attachme...1&d=1358632833
Those Nut Crackers look painful................
The More You Learn, The More You Earn.....
  • #25,048
  • Jan 19, 2013 11:22pm Jan 19, 2013 11:22pm
Quoting forexalien
Yes, I agree and don't even trade EWC yet......
Are you reading the EWP book now? Hope you will gain more strength from humans' thinking.
daddybearforex. com
  • #25,049
  • Jan 19, 2013 11:25pm Jan 19, 2013 11:25pm
Quoting DaddyBear
Are you reading the EWP book now? Hope you will gain more strength from humans' thinking.
humans' thinking is an archaic relic of modern algorithmic trading; 'tis us against the machines.
Politics is the womb in which war develops.
  • #25,050
  • Jan 19, 2013 11:25pm Jan 19, 2013 11:25pm
As long as you don't stick one of your heads into it, you should be fine....

Quoting forexalien
http://www.forexfactory.com/attachme...1&d=1358632833
Those Nut Crackers look painful................
daddybearforex. com
  • #25,051
  • Edited Jan 20, 2013 9:37am Jan 19, 2013 11:26pm | Edited Jan 20, 2013 9:37am
Quoting DaddyBear
Unlike other indicators, ADX has three lines. DMIP and DMIM look like EKG or seismic chart. Due to the complex nature and directionless, most people ran away from it. Alien is an exception. He has used ADX with an out of the box approach.
Color adx D+ and D- the color of your chart background so they are invisible and then when main adx rises, look at PA for direction to simplify it......
The More You Learn, The More You Earn.....
  • #25,052
  • Jan 19, 2013 11:27pm Jan 19, 2013 11:27pm
Quoting FiatFap
humans' thinking is an archaic relic of modern algorithmic trading; 'tis us against the machines.
Welcome FiatFap. I was talking to Alien, the real Alien from the outer space. -DB-
daddybearforex. com
  • #25,053
  • Jan 19, 2013 11:28pm Jan 19, 2013 11:28pm
Quoting DaddyBear
Is there a Holy Grail? Many expensive trading DVD experts say no. But, I believe there is one for everyone if he can find it.

The reason why DVD experts say no is because they don't even believe their own DVD are good enough.
While you went to the salon DB , I went to the saloon................hehehe
The More You Learn, The More You Earn.....
  • #25,054
  • Jan 19, 2013 11:30pm Jan 19, 2013 11:30pm
Quoting DaddyBear
Is there a Holy Grail? Many expensive trading DVD experts say no. But, I believe there is one for everyone if he can find it.

The reason why DVD experts say no is because they don't even believe their own DVD are good enough.
I agree with that and there is a Holy Grail....It must be learned..........
The More You Learn, The More You Earn.....
  • #25,055
  • Jan 19, 2013 11:30pm Jan 19, 2013 11:30pm
Quoting forexalien
Color adx D+ and D- the color of your chart background so they are invisable and then when main adx rises, look at PA for direction to simplify it......
I use ADX the opposite way. I make D+ and D- thicker and brighter, so I can see them easily.
daddybearforex. com
  • #25,056
  • Jan 19, 2013 11:32pm Jan 19, 2013 11:32pm
Quoting forexalien
While you went to the salon DB , I went to the saloon................hehehe
I cannot believe an Alien and a human have the same thinking at the same time at different spaces..... I feel spooky now......
daddybearforex. com
  • #25,057
  • Edited Jan 20, 2013 10:07am Jan 19, 2013 11:33pm | Edited Jan 20, 2013 10:07am
Quoting DaddyBear
Are you reading the EWP book now? Hope you will gain more strength from humans' thinking.
HAHAHA
Like ADX I will take it and turn it into an out of box thought process again.................hehehe Books are in the mail and I should see tuesday, weds....
The More You Learn, The More You Earn.....
  • #25,058
  • Jan 19, 2013 11:37pm Jan 19, 2013 11:37pm
Quoting forexalien
I agree with that and there is a Holy Grail....It must be learned..........
It must be learned..........to know where the key is .............. to the door of the archive ........... and prepare to break in........... to grab the Holy Grail........... and run to ........... your bank vault ...........
daddybearforex. com
  • #25,059
  • Jan 19, 2013 11:38pm Jan 19, 2013 11:38pm
Quoting FiatFap
humans' thinking is an archaic relic of modern algorithmic trading; 'tis us against the machines.
Yes we must think not like Humans , but like Humans to be one step ahead in our trading.......
The More You Learn, The More You Earn.....
  • #25,060
  • Jan 19, 2013 11:40pm Jan 19, 2013 11:40pm
Quoting DaddyBear
It must be learned..........to know where the key is .............. to the door of the archive ........... and prepare to break in........... to grab the Holy Grail........... and run to ........... your bank vault ...........
The Holy Grail is not a thing...........Please repeat after me.........
The More You Learn, The More You Earn.....
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