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  • #29,861
  • May 16, 2013 11:15am May 16, 2013 11:15am
this is from earlier, about 2 hours ago

huge divergence on m15

the sniper entry was right at or under the red line, i saw this only in hindsight

i think its possible to see one more move down to 9800, this why i had small TP on long
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Be hopeful in a winning position, and fearful in a losing position.
  • #29,862
  • May 16, 2013 11:25am May 16, 2013 11:25am
Quoting DaddyBear
{quote} What did you mean "flat"?
Well, since I'm not blessed with "HGS" I will have to keep reading my lagging indicators LL.
You can hand some traders tomorrows Wall Street Journal and they would lose
  • #29,863
  • May 16, 2013 11:27am May 16, 2013 11:27am
Hello everybody,


I'm very sorry for asking in wrong thread, but guys what do you think about CHF/JPY? crazy monthly/weekly chart... i want to sell it now!!!
  • #29,864
  • May 16, 2013 11:29am May 16, 2013 11:29am
There are a lot of knowledge one can learn but there are something one cannot learn. Trading is an art. The methodology and old school teaching can be learned but not the art itself.

The art can only be realized through one's mind reflections and imaginations. Had Picasso learned how to paint, he would never exceed his teacher's achievement and became "Picassso".

http://upload.wikimedia.org/wikipedi...px-Stamp_P.JPG
daddybearforex. com
  • #29,865
  • May 16, 2013 11:31am May 16, 2013 11:31am
Quoting LinasPet
Hello everybody, I'm very sorry for asking in wrong thread, but guys what do you think about CHF/JPY? crazy monthly/weekly chart... i want to sell it now!!!
No idea. I stay away from exotic pairs.
daddybearforex. com
  • #29,866
  • May 16, 2013 11:36am May 16, 2013 11:36am
Quoting Tradersnest
{quote} Well, since I'm not blessed with "HGS" I will have to keep reading my lagging indicators LL.
DB's HGS cannot give a clear direction without analysis.
daddybearforex. com
  • #29,867
  • May 16, 2013 11:45am May 16, 2013 11:45am
The chapel (http://en.wikipedia.org/wiki/Chapel) of Notre Dame du Haut in Ronchamp (http://en.wikipedia.org/wiki/Ronchamp) (French (http://en.wikipedia.org/wiki/French_language): Chapelle Notre-Dame-du-Haut de Ronchamp), completed in 1954, is one of the finest examples of the architecture (http://en.wikipedia.org/wiki/Architecture) of Franco-Swiss architect Le Corbusier (http://en.wikipedia.org/wiki/Le_Corbusier) and one of the most important examples of twentieth-century religious architecture. -Wikipedia-

Le Corbusier did not learn how to design a great architecture like this masterpiece from his teachers.


http://upload.wikimedia.org/wikipedi...-_Ronchamp.jpg
daddybearforex. com
  • #29,868
  • May 16, 2013 11:48am May 16, 2013 11:48am
Quoting DaddyBear
The chapel (http://en.wikipedia.org/wiki/Chapel) of Notre Dame du Haut in Ronchamp (http://en.wikipedia.org/wiki/Ronchamp) (French (http://en.wikipedia.org/wiki/French_language): Chapelle Notre-Dame-du-Haut de Ronchamp), completed in 1954, is one of the finest examples of the architecture (http://en.wikipedia.org/wiki/Architecture) of Franco-Swiss architect Le Corbusier (http://en.wikipedia.org/wiki/Le_Corbusier) and one of the most important examples of twentieth-century religious...
Well...the eye of the beholder
You can hand some traders tomorrows Wall Street Journal and they would lose
  • #29,869
  • May 16, 2013 11:59am May 16, 2013 11:59am
By looking at M15 alone, one can get a general idea of what is going on with the Aussie in a short term context.

I don't use SMA or its crossover. But, due to their lagging natures, they can be very good hindsights for making one's trading judgment.
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daddybearforex. com
  • #29,870
  • May 16, 2013 12:20pm May 16, 2013 12:20pm
Quoting Tradersnest
Shorted 98409 with a target of 97959. Good trading to all.
closed 98170 = 20 pips.
You can hand some traders tomorrows Wall Street Journal and they would lose
  • #29,871
  • May 16, 2013 12:23pm May 16, 2013 12:23pm
Quoting Tradersnest
{quote} closed 98170 = 20 pips.
WOW, outstanding
As Above, So Below
  • #29,872
  • May 16, 2013 12:23pm May 16, 2013 12:23pm
Quoting Tradersnest
{quote} closed 98170 = 20 pips.
actually 23
You can hand some traders tomorrows Wall Street Journal and they would lose
  • #29,873
  • May 16, 2013 12:41pm May 16, 2013 12:41pm
Hey m New here ..so Hello everyone ,,
i have a question . anyone here trading on GBPAUD pair .. cos i am and according to my analysis and price action , this pair was suppose to go down this week ,, but i kept moving upward mainly cos of AUD weakness , so i did a little more analysis and found that currently its making a descending triangle formation on weekly chart , so can someone else look at that pair and tell me what they think about it ? cos m a little worried as m already going -250 pips
thanks
  • #29,874
  • May 16, 2013 1:07pm May 16, 2013 1:07pm
Quoting fani
Hey m New here ..so Hello everyone ,, i have a question . anyone here trading on GBPAUD pair .. cos i am and according to my analysis and price action , this pair was suppose to go down this week ,, but i kept moving upward mainly cos of AUD weakness , so i did a little more analysis and found that currently its making a descending triangle formation on weekly chart , so can someone else look at that pair and tell me what they think about it ? cos m a little worried as m already going -250 pips thanks
fani, welcome. I have no idea of your pair. Cannot comment on it.
daddybearforex. com
  • #29,875
  • May 16, 2013 1:09pm May 16, 2013 1:09pm
Quoting DaddyBear
{quote} fani, welcome. I have no idea of your pair. Cannot comment on it.
well you can check it , please do me a favor and check it out as i have been reading your posts and you are good . so i would really appreciate ur help
  • #29,876
  • May 16, 2013 1:10pm May 16, 2013 1:10pm
So guys, what are we thinking now? Was this recent drop the last retest before we head higher? I'm holding my longs... for now.
  • #29,877
  • May 16, 2013 1:17pm May 16, 2013 1:17pm
I am anticipating the possibility of a nice bounce off the 97950 area. Too early to tell just yet.
You can hand some traders tomorrows Wall Street Journal and they would lose
  • #29,878
  • May 16, 2013 1:54pm May 16, 2013 1:54pm
Quoting fani
Hey m New here ..so Hello everyone ,, i have a question . anyone here trading on GBPAUD pair .. cos i am and according to my analysis and price action , this pair was suppose to go down this week ,, but i kept moving upward mainly cos of AUD weakness , so i did a little more analysis and found that currently its making a descending triangle formation on weekly chart , so can someone else look at that pair and tell me what they think about it ? cos m a little worried as m already going -250 pips thanks
Well I had a look and I think you longing that pair is a wild card entry and if you have the capital to ride it out you may but it does not look to be going to turn any time soon. I am only 6 mths into this myself so I could quite easily be wrong
  • #29,879
  • May 16, 2013 2:00pm May 16, 2013 2:00pm
Quoting arcticwolf
{quote} Well I had a look and I think you longing that pair is a wild card entry and if you have the capital to ride it out you may but it does not look to be going to turn any time soon. I am only 6 mths into this myself so I could quite easily be wrong
i am not long on this pair actually i am short on this pair cos according to me this pair was moving on descending triangle pattern on weekly chart .. and i am hoping may be AUD will rebound , gain some strength ,, and pound will weaken further ,, as currently this pair is trading on 1.5560 and there is a weekly resistance at 1.5577 so it will rebound from here and again move downward .
  • #29,880
  • May 16, 2013 2:20pm May 16, 2013 2:20pm
Quoting fani
{quote} i am not long on this pair actually i am short on this pair cos according to me this pair was moving on descending triangle pattern on weekly chart .. and i am hoping may be AUD will rebound , gain some strength ,, and pound will weaken further ,, as currently this pair is trading on 1.5560 and there is a weekly resistance at 1.5577 so it will rebound from here and again move downward .
Sorry typing error change long for short in message ,the brain thought one thing and the fingers did what they wanted :-)
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