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  • #771,161
  • Mar 13, 2013 6:41pm Mar 13, 2013 6:41pm
Quoting used
I've lost money with all the 'experts advice' on this board, so why focus on Mercy. Glean what you can from all and learn which to pay most attention to.
Just don't follow anyone, be your own expert (it will take time, no months but years) and if you are prepared to invest in that, take only the trades you "love" and forget all the others you want to take based on the urge to earn some quick money.
There are so many fishes, it won't take long to find true lovers.....
Don't be a hero. Don't have an ego. Always question yourself
  • #771,162
  • Mar 13, 2013 6:55pm Mar 13, 2013 6:55pm
Quoting SugarPink
Came on its obviously you guys don't know his system or care to know and yet are making judging on him and jumping to him... lol. go learn what he is talking about before criticizing
watched it for a few years. its like wiping your ass before you crap. it just dont make sense.
J W is not trying to win a popularity contest, he dont care. what he is trying to show you, is "after the fact changing levels" is worthless.
those who can, do. those who cant, talk about those who can
  • #771,163
  • Mar 13, 2013 7:05pm Mar 13, 2013 7:05pm
Hello all,
this is my Euro update for a new swing long about to begin. In my humble opinion if you have still swing shorts you should close them.
I don't think all the bad news about Europe automatically signify lower prices, actually the opposite. At the moment it looks like everybody is buying Dollars and selling the Euro: a good environment for a solid chart-based and rule-based analysis.

As usual, use at your own risk.

As anticipated (see the previous analysis) the Euro corrected down into the 1.2900 area, stopping today at 1.2931. I anticipate a bounce higher now from the current price level. We still don't know exactly where the bounce will come from.

Attached Image (click to enlarge)
Click to Enlarge Name: 6E_daily_trading_plan_20130314.png Size: 66 KB


I have the two scenarios below:

Scenario 1. Price is now within an area in which we could see strong participation on the upside. Above 1.3030 (based on current lows at 1.2931) the confirmation of support will come and price will start a move into the 1.4080-1.41 area. The start of the move higher could come from lower levels at 1.2915 or even 1.2840, if price dips lower.

Scenario 2. There is still a possibility price could keep moving lower past the 1.2769 and 1.2712 level (the latter ist he line in the sand). Below 1.2712 we could have a very high probable retest retest of the 1.2130 area of monthly support. However my belief is that scenario 2 has low probability at the moment.

Let me know what you think.
Thank you.
-fibstalker

PS: the video for tomorrow will shortly be on my Blog
"markets traded by programs/HFT offer a significant trading edge..."
  • #771,164
  • Mar 13, 2013 7:12pm Mar 13, 2013 7:12pm
Quoting USD-Bear
Just don't follow anyone, be your own expert (it will take time, no months but years) and if you are prepared to invest in that, take only the trades you "love" and forget all the others you want to take based on the urge to earn some quick money.
There are so many fishes, it won't take long to find true lovers.....
Whole heartedly agree
  • #771,165
  • Mar 13, 2013 7:14pm Mar 13, 2013 7:14pm
Quoting SugarPink
Came on its obviously you guys don't know his system or care to know and yet are making judging on him and jumping to him... lol. go learn what he is talking about before criticizing
Criticizing and calling someone out are very different things.

Criticizing can be constructive. There's nothing constructive about calling someone out for what he is; a fraud.
Not all sins are created equal
  • #771,166
  • Mar 13, 2013 7:16pm Mar 13, 2013 7:16pm
Quoting used
I've lost money with all the 'experts advice' on this board, so why focus on Mercy. Glean what you can from all and learn which to pay most attention to.
It's one thing to have it wrong. In fact, there's nothing wrong with that if one owns up to it.

There is something wrong with revisionism. Going back on posts and changing them to make your calls look good, that's disingenuous at best and potentially fraudulent.

If you're relying on anyone else's calls but your own, you are in the wrong forum and would recommend you check out babypips.
Not all sins are created equal
  • #771,167
  • Mar 13, 2013 7:17pm Mar 13, 2013 7:17pm
Quoting fibstalker
Hello all,
this is my Euro update for a new swing long about to begin. In my humble opinion if you have still swing shorts you should close them.
I don't think all the bad news about Europe automatically signify lower prices, actually the opposite. At the moment it looks like everybody is buying Dollars and selling the Euro: a good environment for a solid chart-based and rule-based analysis.

As usual, use at your own risk.

As anticipated (see the previous analysis) the Euro corrected down into the 1.2900 area, stopping today at 1.2931. I anticipate...
like it, just would prefer PA around 1.2880 as a starter
Don't be a hero. Don't have an ego. Always question yourself
  • #771,168
  • Mar 13, 2013 7:18pm Mar 13, 2013 7:18pm
Quoting Myo
I donīt get it. Can you elaborate what exactly Iīm supposed to see here?
He changed a sucky call for a "good" one after the fact.
Not all sins are created equal
  • #771,169
  • Mar 13, 2013 7:18pm Mar 13, 2013 7:18pm
thanks USD-Bear,
still okay for me, within parameters and tolerance. That level is also retail watched support (200-day SMA) and could help the bounce.
GL

Quoting USD-Bear
like it, just would prefer PA around 1.2880 as a starter
"markets traded by programs/HFT offer a significant trading edge..."
  • #771,170
  • Mar 13, 2013 7:22pm Mar 13, 2013 7:22pm
Quoting gatorinla
watched it for a few years. its like wiping your ass before you crap. it just dont make sense.
J W is not trying to win a popularity contest, he dont care. what he is trying to show you, is "after the fact changing levels" is worthless.
I don't give a crap one way or the other. You got that right.

But those hailing Murky as a genius have their heads so far up their asses they's licking their own tonsils. Any monkey with a keyboard and a mouse can make a call after the fact. Those hating because I call it what it is can put me on their ignore list.
Not all sins are created equal
  • #771,171
  • Mar 13, 2013 7:24pm Mar 13, 2013 7:24pm
Quoting Jay Walker
I don't give a crap one way or the other. You got that right.....
morning mr walker...have a nice day
  • #771,172
  • Mar 13, 2013 7:30pm Mar 13, 2013 7:30pm
Quoting LeeNoa
morning mr walker...have a nice day
Hello Lee.

Where about in Indonesia are you from?
Not all sins are created equal
  • #771,173
  • Mar 13, 2013 7:32pm Mar 13, 2013 7:32pm
Quoting Jay Walker
Hello Lee.

Where about in Indonesia are you from?
im from jogjakarta province, mr walker
  • #771,174
  • Mar 13, 2013 7:32pm Mar 13, 2013 7:32pm
Quoting Jay Walker
He changed a sucky call for a "good" one after the fact.
OK, the problem is, of course, that I donīt know what his post said before he edited it and my deductive skills are mediocre at best. But, since you mention a "sucky call" I suppose Mercyīs old post indicated buying at a higher level. Is that correct? If thatīs the case, so what? New post says: "Lowest entry long been 1.30630, 16 h 56 CET." Thatīs neither a lie, nor does it make you a "fraud".
  • #771,175
  • Mar 13, 2013 7:33pm Mar 13, 2013 7:33pm
excellent aussie employment data , looks election data manipulation started
Mohan
  • #771,176
  • Mar 13, 2013 7:35pm Mar 13, 2013 7:35pm
Just rode that aus/usd & eu long and man did it feel GOOD
  • #771,177
  • Mar 13, 2013 7:40pm Mar 13, 2013 7:40pm
Quoting Myo
OK, the problem is, of course, that I donīt know what his post said before he edited it and my deductive skills are mediocre at best. But, since you mention a "sucky call" I suppose Mercyīs old post indicated buying at a higher level. Is that correct? If thatīs the case, so what? New post says: "Lowest entry long been 1.30630, 16 h 56 CET." Thatīs neither a lie, nor does it make you a "fraud".
So in your view, it's ok to do the following:

 

  1. Make a call
  2. When you're wrong, go back and change the post to make it look like you were right all along


Your response is so what. Well if you feel that's an honorable thing to do, we'll have to agree to disagree. I call it BS.

Not all sins are created equal
  • #771,178
  • Mar 13, 2013 7:48pm Mar 13, 2013 7:48pm
I hate to even make a call because someone may think I know what I'm doing and most times I don't--but having said all that I just decided to go long UJ at 95.25
  • #771,179
  • Mar 13, 2013 7:50pm Mar 13, 2013 7:50pm
Quoting Jay Walker
So in your view, it's ok to do the following:

 

  1. Make a call
  2. When you're wrong, go back and change the post to make it look like you were right all along

Point is, he "didnīt change his post to make it look like he was right all along". Youīre fabricating that. Mercy Seatīs post says "Lowest entry at xxxx.xxxx". It (very obviously) implies that there have been other entries before that, which are now underwater.
  • #771,180
  • Mar 13, 2013 7:50pm Mar 13, 2013 7:50pm
Quoting used
I hate to even make a call because someone may think I know what I'm doing and most times I don't--but having said all that I just decided to go long UJ at 95.25
Whoops 95.925
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