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  • #802,881
  • May 29, 2013 4:50pm May 29, 2013 4:50pm
Quoting Kingscalp
which first, 2745 or 3242? Seems like that uptrendline has lost its validity. {image}
so, try this one
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Don't give up
  • #802,882
  • May 29, 2013 4:51pm May 29, 2013 4:51pm
Quoting gatorinla
{quote} in the st dropping at 2950/51 area down to 2874 or 82 is no big surprise either before 2977
my bad... no need for 2950/51, for 2874
those who can, do. those who cant, talk about those who can
  • #802,883
  • May 29, 2013 4:53pm May 29, 2013 4:53pm
Quoting geomink
{quote} so, try this one {image}
Yes , I also had that one but would confirm the bounce from the horizontal line @ 2745.
  • #802,884
  • May 29, 2013 5:40pm May 29, 2013 5:40pm
kiwi data in 6min, aussie to follow after lunch, Im thinking kiwi has already leaked, useless pricks
If you are new to Forex? Say Goodbye to your account!!
  • #802,885
  • May 29, 2013 5:46pm May 29, 2013 5:46pm
Quoting gatorinla
{quote} if i was totally honest i would say.. "I dont read the explanations others write" i have enough time consumed on pa, on things i look at. if they have a understanding, that works for them.. that's fine.. i dont know how to define it all and dont care to try when i trade. if someone gives me a few million bucks and sits beside me in real time to write down the real rules. for a book.. i may or may not be ok with that. i have/had a signature saying "post a chart" or "dont ask me the same questions." quote the post" . i get the same...
I agree that trading is work. Therefore I try to learn as much about improving my job skills as much as possible. I do respect that if you have a nich that you worked hard to develop, then that is your fair right to keep it or have someone pay you lots of money if you agree to let them sit next to you and watch you trade.
Luck has no place in trading. Leave that for the poker table.
  • #802,886
  • May 29, 2013 5:47pm May 29, 2013 5:47pm
Quoting USD-Bear
{quote} following it too through USDOLLAR would like to see 0,9650 to fire a possible short (scalp)-shoot USDOLLAR M15:{image}
got a few heavy ones, good night!

AU M15:
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Don't be a hero. Don't have an ego. Always question yourself
  • #802,887
  • May 29, 2013 5:50pm May 29, 2013 5:50pm
I imagine myself like in the movies when it says 1 year later
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"You're solid gold, see you in hell"
  • #802,888
  • May 29, 2013 5:53pm May 29, 2013 5:53pm
Quoting gatorinla
{quote} i have/had a signature saying "post a chart" or "dont ask me the same questions." quote the post" . i get the same ones over and over. some dont realize trading is work.
You should change your sig to sth. like, 'Don't try this at home, kids.'

Don't get pulled in, buddy.
  • #802,889
  • May 29, 2013 6:01pm May 29, 2013 6:01pm
When you get that money...get a new monitor dude!
Quoting SugarPink
I imagine myself like in the movies when it says 1 year later {image}
  • #802,890
  • May 29, 2013 6:07pm May 29, 2013 6:07pm
Quoting rehorst
When you get that money...get a new monitor dude! {quote}
dat monitor! :-P ahhaa
"You're solid gold, see you in hell"
  • #802,891
  • May 29, 2013 6:32pm May 29, 2013 6:32pm
Quoting gatorinla
{quote} above 2998 myself... its not bullish below it.. its bearish near it.. and no matter how it appears. it aint broken till it breaks. after a break its probably bullish, and if you want to lose a bunch of money Long it, w/o a sl... or just wait here at 2909 for it to come back at a later time. and watch others give it all back.. the most that will happen is you will miss a trade or get a better price. the day closed above what bulls need for the candles to test 2997 area. in the st dropping at 2950/51 area down to 2874 or 82 is no big surprise...

gator.. what is st that you guys are referring to? super trend? swing trading?
it is highly likely that i'm wrong... so dont follow me!
  • #802,892
  • May 29, 2013 6:36pm May 29, 2013 6:36pm
Over the years, this is my spin:

The central banks pretty much are in control of the direction of their currency. If they need to dump or buy, they might use stories as a guise for going up or down. The reason they control it is they want their merchandise to move yet still try to keep the currency reasonably healthy. We, the retail community, consisting of 25%, can influence the move and guess where we go? Either the pivots or fib ratios.

Consumer confidence moves the USD a 100 pips. Really? It's just an excuse to move the PA. Consumer Confidence is psychobabble. It always has been.

Is there collusion? Of course. Anyone remember when the Swiss was being pushed down that their currency was too strong for their merchandise to move. What did they do? They threatened to do quantitative easing like the rest of the community of nation state's worthless currency. Since they were one of the few currencies fairly healthy, it freaked all the central banks and the swiss bumped a 1000 pips in hours.

I'm totally convinced that the flow of currency is computer programmed in order to maintain a healthy undulation. That's probably a smart move. NO ONE wants a flat currency. If Boeing sells a few planes, I'm sure that affects a given currency.

Guessing the tops or bottoms to a certainty is a worthless exercise. Try to get close--that's all you can do and factor that in your profit stop.
Taigen Profit This Month: na
  • #802,893
  • May 29, 2013 7:13pm May 29, 2013 7:13pm
Agreed. I'm not sure about computer programmed, but the banks def control things to their liking. BB obviously knows he can say the dollar is strong and push the USD 150 pips in an hour. We are just there to serve our purpose, and add liquidity. With a bit of intelligence, and due diligence we can profit from this fiasco.

I also marvel at people and their over complex trading methods. I prefer to keep it simple. TREND first, Price action second, support/resistance/fib/channel etc third. Actually- I take that back. Money management is first. You can literally trade in the red for MONTHS with solid money management -and lets face it- like attila said earlier, the market is always changing. One month can be swing- the next can be a scalpers wet dream. Agility and adaptability wins this game.

sorry- off of my soap box now.
  • #802,894
  • May 29, 2013 7:22pm May 29, 2013 7:22pm
Quoting Taigen
. Guessing the tops or bottoms to a certainty is a worthless exercise. Try to get close--that's all you can do and factor that in your profit stop.

is this not that same thing? if we widen the guess, are we still guessing the top or bottom.
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those who can, do. those who cant, talk about those who can
  • #802,895
  • May 29, 2013 7:25pm May 29, 2013 7:25pm
I admit, I'll use a trend line or two on occasion but some of these charts I see are like a spider web. Too much work. I have a few indicators that suggests turnarounds and the Bollinger Bands and I can pretty much close in the green. One thing you can always count on is the market change.

Regardless of the fiat money world we live in, I would suspect that if there was real currency trading, it still wouldn't look a lot different than it is right now.
Taigen Profit This Month: na
  • #802,896
  • May 29, 2013 7:43pm May 29, 2013 7:43pm
Quoting gatorinla
{quote} is this not that same thing? if we widen the guess, are we still guessing the top or bottom.http://youtube.com/watch?v=lV-iP1jSMlI

This guy from the video is a professional for me! One from 10000!
  • #802,897
  • May 29, 2013 7:52pm May 29, 2013 7:52pm
From the 1H 4H and daily you can see why the move down must be validated by an up to 1.2956
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  • #802,898
  • May 29, 2013 7:53pm May 29, 2013 7:53pm
Quoting EuroTrader
{quote} This guy from the video is a professional for me! One from 10000!
88 pounds of bricks aint bad.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #802,899
  • May 29, 2013 8:00pm May 29, 2013 8:00pm
Nikkie looks bouncing index well above open, yen might have bull day
Mohan
  • #802,900
  • May 29, 2013 8:02pm May 29, 2013 8:02pm
Quoting SugarPink
I imagine myself like in the movies when it says 1 year later {image}

oh it's will happen after ben announcing QE-home

QE-home => fed allow household to print up to 1k/month
Mohan
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