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How to Blow $200 account using VSA---

  • #501
  • Feb 18, 2013 5:05am Feb 18, 2013 5:05am
Quoting taomql4
I don't think trading on demo is that easy . You should be Proud ...
Thank you. I try my best.

Now I don't follow fundamentals much anymore so here's another chart. It's monthly USDX. Something to ponder in between the strip clubs.
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Nothing worth having is easy.
  • #502
  • Feb 18, 2013 9:30am Feb 18, 2013 9:30am
Quoting Patience
Thank you. I try my best.

Now I don't follow fundamentals much anymore so here's another chart. It's monthly USDX. Something to ponder in between the strip clubs.
You are becoming lazy , Just like me ..lol..Always good to have both ( Fundamental & Technical Analysis ..) ..Doesn't hurt ..

with 4 candles already Gone ..
GU 1 hr Pattern Prediction from the horizontal white line ..
Looks like it might spike up , and then a downtrend for the last 4 candles ..

Anyone following the signal , Pls. always make sure to do your own analysis..

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  • #503
  • Feb 18, 2013 12:19pm Feb 18, 2013 12:19pm
Banks closed - Slow day ..( Ranging ...)

Still waiting for a move up to short the last 4 candles ( few pips ..)
..
I'm more inclined to follow the blue line ( redo ..)
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  • #504
  • Feb 18, 2013 2:30pm Feb 18, 2013 2:30pm
1 hr supply looks like a Good Place to short ..
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  • #505
  • Feb 18, 2013 5:50pm Feb 18, 2013 5:50pm
Quoting taomql4
You are becoming lazy , Just like me ..lol..Always good to have both ( Fundamental & Technical Analysis ..) ..Doesn't hurt ..
Mmmmm, I have. It can be a real grind at times.

I had Bloomberg on in the background and I heard them say that traders are the most bearish on the £ since June 2012 so I sat down and looked at the charts this evening and see that it bounced in June and July 2012 ... lol. I nipped in and out a few times with some baby positions. So much for my patience trades but at least it broke my longstanding voodoo with Cable. Have nothing open at the moment on anything on any platform. At this rate I'll be heading down the Job Centre.

My Jurik 1 hour and 4 hour charts have turned up at the moment and I noticed one of those imaginary gaps as well from yesterday.
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Nothing worth having is easy.
  • #506
  • Feb 18, 2013 6:07pm Feb 18, 2013 6:07pm
Quoting Patience
Mmmmm, I have. It can be a real grind at times.

I had Bloomberg on in the background and I heard them say that traders are the most bearish on the £ since June 2012 so I sat down and looked at the charts this evening and see that it bounced in June and July 2012 ... lol. I nipped in and out a few times with some baby positions. So much for my patience trades but at least it broke my longstanding voodoo with Cable. Have nothing open at the moment on anything on any platform. At this rate I'll be heading down the Job Centre.

My Jurik 1 hour...
I don't know If Price will get to the Gaps before it falls again( I see a dip coming..3 last candles) .. Uh oh , I think I spoke too soon ..lol - I think Price just dipped a little ..
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  • #507
  • Feb 18, 2013 7:15pm Feb 18, 2013 7:15pm
Quoting taomql4
I don't know If Price will get to the Gaps before it falls again( I see a dip coming..3 last candles) .. Uh oh , I think I spoke too soon ..lol - I think Price just dipped a little ..
Yep, definitely looking heavy. I see 65% of traders are long on it here at FF. And a mere 75% long at FXCM. It's a sell ... lol

GBPUSD - The ratio of long to short positions in the GBPUSD stands at 3.06 as 75% of traders are long. Yesterday the ratio was 2.71; 73% of open positions were long. Long positions are 21.0% higher than yesterday and 15.6% above levels seen last week. Short positions are 7.1% higher than yesterday and 3.7% below levels seen last week. Open interest is 17.2% higher than yesterday and 15.4% above its monthly average. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the GBPUSD may continue lower. The trading crowd has grown further net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias.

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Nothing worth having is easy.
  • #508
  • Feb 18, 2013 8:55pm Feb 18, 2013 8:55pm
Pattern is Complete (Well , Almost ..)

Exiting my Sell Positions . I'll get back into it , If the Pattern Prediction calls for it tomorrow..
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  • #509
  • Feb 19, 2013 6:57am Feb 19, 2013 6:57am
Nicely timed exit. I placed a sell at gap close. Thought it might spike up and then drop but it didn't and I just missed that whopping 30 pip drop. 1.55 is teflon coated.

I'm seeing/hearing quite a lot of calls for 1.38/1.40 on E/U. I can only assume they are looking at something like this chart. That would throw my monthly USDX chart out the window. I haven't traded E/U for ages either ... lol. But, just for your information, I think you already know that I usually trade A/J and I've been dabbling with AUD/CHF the last couple of weeks.

Well I can't make any money perving at charts all day long so I'm off to the Job Centre. Wish me luck!
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Nothing worth having is easy.
  • #510
  • Feb 19, 2013 9:18am Feb 19, 2013 9:18am
Quoting Patience
Nicely timed exit. I placed a sell at gap close. Thought it might spike up and then drop but it didn't and I just missed that whopping 30 pip drop. 1.55 is teflon coated.

I'm seeing/hearing quite a lot of calls for 1.38/1.40 on E/U. I can only assume they are looking at something like this chart. That would throw my monthly USDX chart out the window. I haven't traded E/U for ages either ... lol. But, just for your information, I think you already know that I usually trade A/J and I've been dabbling with AUD/CHF the last couple...
Getting better at it , Thanks ..
I Posted a chart with the Supply sit in that area , I see it took Price down Overnight ...

Good Luck with the Job Search . Hope it's temp. though , so You can get back to Perving at charts ..lol
Go get that money ...

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  • #511
  • Feb 19, 2013 9:34am Feb 19, 2013 9:34am
Quoting taomql4
Good Luck with the Job Search . Hope it's temp. though , so You can get back to Perving at charts ..lol
Go get that money ...
Errrrrr, that was a joke. For some strange reason I have easy target ringing in my ears
Nothing worth having is easy.
  • #512
  • Edited 11:56am Feb 19, 2013 11:45am | Edited 11:56am
Quoting Patience
Errrrrr, that was a joke. For some strange reason I have easy target ringing in my ears
I Figured ..lol - I almost started Crying ( Missing you , already ..)
I don't know when you are serious anymore , PPIIAACCHHEE ... .

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Wasn't expecting that BIG of a drop , but it is what it is - Took some long Positions on GU ..
I think I'll redo the Pattern Prediction again , just to be sure - Grrr , another 2 hrs ..

Still Holding My Long Positions ..
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  • #513
  • Feb 19, 2013 4:29pm Feb 19, 2013 4:29pm
Quoting taomql4
I Figured ..lol - I almost started Crying ( Missing you , already ..)
I don't know when you are serious anymore , PPIIAACCHHEE ... .

http://www.youtube.com/watch?v=MkEATnHMYIs


Wasn't expecting that BIG of a drop , but it is what it is - Took some long Positions on GU ..
I think I'll redo the Pattern Prediction again , just to be sure - Grrr , another 2 hrs ..

Still Holding My Long Positions ..

LMAO. Well it's always nice to feel appreciated.

Looks like you are flogging a dead horse with your longs. I see it's hardly moved for the last 6 hours. What are you looking for? 1.5450/60 before the next leg down? Listen to me... lol. Like I know where the market is going to go. E/U has hardly moved either. That'll teach me for not having patience.

Have a dance while you are waiting. I love this song.

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Nothing worth having is easy.
  • #514
  • Feb 19, 2013 6:39pm Feb 19, 2013 6:39pm
Quoting Patience
LMAO. Well it's always nice to feel appreciated.

Looks like you are flogging a dead horse with your longs. I see it's hardly moved for the last 6 hours. What are you looking for? 1.5450/60 before the next leg down? Listen to me... lol. Like I know where the market is going to go. E/U has hardly moved either. That'll teach me for not having patience.

Have a dance while you are waiting. I love this song.

http://www.youtube.com/watch?v=PA_NP0k-G3o

I'm still LONG , but am going to be watching those 2 supply levels to Exit ( For Pattern Completion ...) ..
Could be a long night for me ..

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Who said anything about missing You ..Puhhlease , I was drunk typing that ...
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  • #515
  • Feb 20, 2013 11:07am Feb 20, 2013 11:07am
wow ..Couldn't stay awake to take the SELL @ 1 hr Supply ....
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  • #516
  • Feb 20, 2013 11:43am Feb 20, 2013 11:43am
Quoting taomql4
wow ..Couldn't stay awake to take the SELL @ 1 hr Supply ....


I could say "yeah man, I caught that move" but the truth is I didn't. We had far more important things to do today and were standing in Tesco about the time it tanked getting a couple of ingredients for the banana cake we just cooked that's yet to be iced. Wanna slice?

I see Gold took another smacking today. Looks like $1,550 is now on the cards.
Nothing worth having is easy.
  • #517
  • Feb 20, 2013 11:50am Feb 20, 2013 11:50am
Quoting Patience


I could say "yeah man, I caught that move" but the truth is I didn't. We had far more important things to do today and were standing in Tesco about the time it tanked getting a couple of ingredients for the banana cake we just cooked that's yet to be iced. Wanna slice?

I see Gold took another smacking today. Looks like $1,550 is now on the cards.
I thought You would be all over that .. Considering your bearish tone on the Pair ..Grr , better luck next time I guess..Well , I hope Miss J knows she has cost you more than a Banana cake ..lol

Don't trade Gold much but will get into it , as soon as i get my hands around GU ..
  • #518
  • Feb 20, 2013 12:17pm Feb 20, 2013 12:17pm
Quoting taomql4
I thought You would be all over that .. Considering your bearish tone on the Pair ..Grr , better luck next time I guess..Well , I hope Miss J knows she has cost you more than a Banana cake ..lol

Don't trade Gold much but will get into it , as soon as i get my hands around GU ..
Not to worry. We had a really nice day together. Money can't replace that. I wouldn't have bet in size anyway because I'm too chicken with Cable but it's always nice to see analysis play out. I stopped chastising myself a long time ago for missed opportunities. Always another day, another dollar.
Nothing worth having is easy.
  • #519
  • Mar 1, 2013 6:33am Mar 1, 2013 6:33am
I've just been perving at charts again. I'm done for the week anyway but I've just squizzed at my monthly E/U chart again and it's dropped under the trendline. Looks like USDX was showing the way while people were still calling for 1.38/1.40.

120? We may even see 117 for this year. I'm just quickly basing this on 1.37 being the high and that E/U has a range of around 2,000 pips per year.

Just thought you might want to expand your horizons.
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Nothing worth having is easy.
  • #520
  • Mar 11, 2013 1:00pm Mar 11, 2013 1:00pm
Quoting Patience
I've just been perving at charts again. I'm done for the week anyway but I've just squizzed at my monthly E/U chart again and it's dropped under the trendline. Looks like USDX was showing the way while people were still calling for 1.38/1.40.

120? We may even see 117 for this year. I'm just quickly basing this on 1.37 being the high and that E/U has a range of around 2,000 pips per year.

Just thought you might want to expand your horizons.
Okay , Miss thang !! ..lol

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