EURUSD

If you don't mind me asking what whats your 1.30106 call based on?

lool Failed

taken an initial short below pivot on EJ will get the SL to BE soon as +20 probably

Oops, I must have missed daylight savings time change for Europe, London was starting at 3AM here after our shift and now it's back to 2 apparently. Also just opened a new long EJ @ 128.57. Targeting high.

Drop base rally demand zone on the 4 hour chart.

Good morning, or whatever you have,

after long long decision, I have decided to close partial on that UJ yesterday @ Sydney. So UJ is currently leveraged 0,4:1 and I took 4% profit. Maybe I should have waited, but that rally really was to fast and I think part of it was due to Kim and money will flow back once dust settles. Combined with profit taking we may fall down pretty fast. Dont know how deep though, since I dont understand to this pair that much.

On EU, I see Asian session finally broke 303, but we are currently running down. I am still looking for a place to reload here. and have quite a few spots I am watching. Still the same.

Good luck today,

T

I love it. Analysis spot on. Hopefully we see 128.03

E/U is dragged down by E/J and U/J, most likely G/U is next by G/J.

Morning Math - I've got S1 at 128.33? Rgds, Angus

Price Action and cycles in harmony



The pattern of price action are a good example of the cyclical nature .. For example you can see a frame that the market delivers the minimum short-term ... A hammer would be a good example ... If we go down frame to observe the breaking of the maximum of the minimum (maybe a 1/4 .. Eg H4 frame upper and lower h1) the market in sync break the resistance of the classic 123 low (pattern that is' part of the toolbox tools of the followers of Joe Ross) ... If you go down you will see the 5 on 5 waves of Mr. Elliot ... as you can see we're simply looking at the same phenomenon from different perspectives ...

For cyclic I mean as described in my post a repetitive phenomenon ... The rupture of the limitations of the previous bar of any frame in my opinion, and 'one of the most cyclical' relevant that can be observed in the market ... I am a minimalist by nature

@BloombergNews: North Korea may detonate a nuclear device as early as this week: South Korean government"

You sound excited Why not wait for a re-test...? Having said that, it looks like daily piv didn't hold at all

Interesting, Max said something like this in his post as well. My daily S1 is @128.05

gj could find support around here or then at 149,78ish

trying a short dax at 7705 , aiming for 7590...

Berlusconi says Bersani 'finally open to meeting'

i think there is something going to happen .. it can be positive

What are these "blessed" cycles purse?

These cycles are the key to creating a steady income from currency speculation.

The whole universe is cyclical, born, grow and die.

Also go to bed at night, sleep and wake up has a lot to do with these "cycles" ...

I think everything is cyclical ... that is, everything is repeated in a manner sometimes terribly

predictable.

For readers veterans of the cyclical nature of trading markets is not something new ...

To tell the truth is as old as the mountains, in fact the first great traders including the most

known Gann, Elliot and others had created theories to predict the trend

key ratios and their actions on the basis of these cyclical and repeatable manner

sometimes so regular you can pull out of the market a decent "loaf".

Many famous texts trading (some very expensive) ... argue that the interpretation

cyclical market is one of the keys to achieving success in

constantly and sustainably ... I I relate much in this way

to think, so I created my own style of trading trying to interpret and

recognize the various phases of the market.

I came to the conclusion that the cycles are formed mainly by two phases, but before

to describe these 2 steps I need to do some important details:


These cycles are not something "perfect", it is true that the Forex is one of

markets more "technical" of the Universe and therefore highly predictable ... this is due

the massive speculation made by traders around the world who have found

in the Forex market some of the most fantastic risk ratios return and therefore continue

constantly day after day to enter and exit markets for these purposes only

making precisely the speculative market "+ hot" ...

but this does not mean that every trader places a trade that is intended to produce

profit ... are trading following the cycles can be something very "exciting" ...

be a minimum to buy and ride a trend can give the aspirant

trader an adrenaline rush that can even become a vice ... then something

negative ... It takes a lot of self-control to properly handle the trading and it is not

something that you can impare overnight without the help of an expert who follows you

several days or even months ....

My personal experience has been very "lonely" in the many books that I have never

had contact with professional traders .. apart from a few posts exchanged with some

good traders and rare that you can find in various forums peering finance ... In fact, I can

assure you that my trading has been losing for many years ... there is nothing to be ashamed of.

The learning curve of trading can last for decades if you do not have good

landmarks ... un'attimino how old do you think the doctors employ

before making an intervention on a real patient ... it takes years of study, application and

patience ... trading is not very different from being a doctor to work carefully

his patient ... but this unfortunately occurs later years, if you get there.



Let's go back to the cycles, the Matryoshka is the classic Russian doll that contains another inside

which in turn contains another, and so on ...

cycles have much in common with these dolls because each cycle can be broken down

in at least two stages, which in turn can be decomposed ... in other phases always smaller

and so on ad infinitum .. consequently there is this relationship of containers and contents ...

Analogicamante looks the same as when we look at our small country

content in the region that is contained in the state which in turn is contained in the continent

which is contained in the Earth ... which is contained in the solar system which is located inside

the Milky Way ... I hope you get the idea of, from small to large ... from large to small as

has always been and always will be ....


to conclude: History repeats itself but with some inaccuracies.


In the next post ...

Gday,
nice play. Good decision bout uj. All is good till there are problems and situations when we talk about green field.

that was jsut a price level, my daily S1 is at 127.97

Mmm - even more interesting - Max's chart shows DP at 128.80 - mine shows it at 128.99. Think I'll need to check manually.

I see the logics of KIM and JPY but not the reason or if there's a good reason, just too complicated for my simple brain to understand.