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  • #808,441
  • Jun 18, 2013 1:55am Jun 18, 2013 1:55am
Quoting OfWolfAndMan
{quote} What would be the 3 year old thinking now ? What if we throw in a 9 year old ?? How can that info influence our six year old's expectation for a retrace ???
Don't try to confuse the things. A three-year old can see major trend, while a six-year old can speculate moves with some degree of accuracy, a nin-year old may like only to play with his dick and this has no good influence on a six-year old.
The Thief of Wall Street
  • #808,442
  • Jun 18, 2013 2:02am Jun 18, 2013 2:02am
Quoting Pip Anon
{quote} Math can get pretty out there. In regards to algorithms, they are objective regardless of feed, etc because they do not have minds, emotions or impluses. Objectiveness is an action not requiring perceptions or thoughts. The software follows the task because that's all it can do. It doesn't care that Bernanke's tie is red on tueday oppose to yellow, or that the DOW is down 8,000 pts. Automated trading is objective by function. It is your subjectivity that decides when to turn it off or on lol. The computer is not alive.
Very true, but from that point of view, the algorithms are as objective as fibs. They are a tool, crafted in much higher detail, but dead and inanimate till given life by an operator. As objective as your car. To my knowledge (and I could be totally wrong, been ages since I delved into the algo world) these sophisticated algorithms do not try to predict price levels. Instead they react very quickly to incomming stimulus according to rules and calculations made by developers and designers. This development process was subjective though the final finished tool is a snapshot of this subjectiveness and thus itself objective, such as once a fib is placed, those levels are objective for that placement. Then when a subjective trading decision is made from reading those levels and used to trade, the trade is now an objective snapshot of the subjective decision.

Also I think there are algo systems that draw in economic data like DOW, S&P500, interest rate levels, balance of payments etc etc etc and then use those figures to weight other inputs.

This is all very interesting and I love discussing philosophy, but I think if I keep discussing this I'll end up at the subjectivity of the terms "objective" and "subjective", and for that I'd need a bottle of single malt and a cigar and I'm currently at my day job.
A journey of a thousand miles begins with a single step. Lao-tzu
  • #808,443
  • Jun 18, 2013 2:03am Jun 18, 2013 2:03am
Quoting gatorinla
{quote} plans are made. the bankers are in the war rooms.
Charles Nenner been saying this for a few years now, his war cycle model showed end of 2012 as a start of major conflict, he also pointed current top in equities by using sun activity, crazy but have a look

Inserted Video
swing it!
  • #808,444
  • Jun 18, 2013 2:05am Jun 18, 2013 2:05am
Here comes london to sell the dollar and bid up the euro?
When the facts change I change my mind, what do you do sir
  • #808,445
  • Jun 18, 2013 2:06am Jun 18, 2013 2:06am
not a LL but is was below a low at 3325... its also the first h close below (since June 10) the Lt, on the blue line.. a bounce back to it is normal for bulls or bears.
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #808,446
  • Jun 18, 2013 2:12am Jun 18, 2013 2:12am
Quoting gatorinla
not a LL but is was below a low at 3325... its also the first h close below (since June 10) the Lt, on the blue line.. a bounce back to it is normal for bulls or bears. {image}
Does this attack to 34xx. Or just search for resistance?

Attached Image (click to enlarge)
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #808,447
  • Jun 18, 2013 2:13am Jun 18, 2013 2:13am
Quoting tomspin
{quote} Charles Nenner been saying this for a few years now, his war cycle model showed end of 2012 as a start of major conflict, he also pointed current top in equities by using sun activity, crazy but have a look http://www.youtube.com/watch?v=PBlEHOs6zNI

the average was about one every 20 years in Europe. how long has it been since you could buy a new Yugo?
those who can, do. those who cant, talk about those who can
  • #808,448
  • Jun 18, 2013 2:28am Jun 18, 2013 2:28am
once again yen cross and ladies moving on sync , risk on ?
Mohan
  • #808,449
  • Jun 18, 2013 2:31am Jun 18, 2013 2:31am
BTW, Pip Anon, I like the comic in your profile pic. I think Bernanke's plan is a good one, but what we should get out of them is bacon.
A journey of a thousand miles begins with a single step. Lao-tzu
  • #808,450
  • Jun 18, 2013 2:31am Jun 18, 2013 2:31am
Quoting Chicky
{quote} Don't try to confuse the things. A three-year old can see major trend, while a six-year old can speculate moves with some degree of accuracy, a nin-year old may like only to play with his dick and this has no good influence on a six-year old.

Now those kids make perfect sense..
  • #808,451
  • Jun 18, 2013 2:36am Jun 18, 2013 2:36am
Looks like this Gartley pattern is starting to work. We just need a break of that short-term uptrend on M30.

https://pbs.twimg.com/media/BNBoZX-CAAAtKsR.png:large

https://twitter.com/AntonovTrades
  • #808,452
  • Jun 18, 2013 2:37am Jun 18, 2013 2:37am
Quoting mohan76
once again yen cross and ladies moving on sync , risk on ?
not all yet kiwi is struggling, or tardy, they all retesting now, bit early for your bull bro, if it is genuine retest of breached supports and holds, my girls is heading south, big gbp data in an hr very much a market mover, sidearms loaded and cocked
If you are new to Forex? Say Goodbye to your account!!
  • #808,453
  • Jun 18, 2013 2:38am Jun 18, 2013 2:38am
Quoting KiwiTrada
{quote} not all yet kiwi is struggling, or tardy, they all retesting now, bit early for your bull bro, if it is genuine retest of breached supports and holds, my girls is heading south, big gbp data in an hr very much a market mover, sidearms loaded and cocked
kiwi is looking yummy for a swing buy. what do you say?
  • #808,454
  • Jun 18, 2013 2:43am Jun 18, 2013 2:43am
Quoting godim
{quote} Does this attack to 34xx. Or just search for resistance? {image}

i dont know. the usdx in 2004 pointed to a 39.76 usd... that was confirmed in 2007. i dont think that will happen. we are just above that threshold from 2007 atm. at the 2008 low we were 1/4 below that threshold (before years end 1/4 above). on the bounce high after we were 1/4 above that same threshold.. since we have moved to both sides. the chart in 2004 then 2007 said lower. in 2013 with energy that may have changed. a normal move at 1/2 above that threshold is 98.31.. we were just near that threshold within 13 pips 5 days ago. i had stated 3420 was near that spot. the eu high at 3389 plus the 13 usdx pips is about 3416+ a few on the eu.. its possible the usdx has already bottomed and pairs like the eu have a few tech targets to satisfy
those who can, do. those who cant, talk about those who can
  • #808,455
  • Jun 18, 2013 2:47am Jun 18, 2013 2:47am
USDOLLAR retracing a bit:

USDOLLAR D1:
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EU not effected because of rising interest rates:

Bund H1:
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expecting accelerlating upmove in EU when USDOLLAR retrace is done (almost done imo).
Don't be a hero. Don't have an ego. Always question yourself
  • #808,456
  • Jun 18, 2013 2:51am Jun 18, 2013 2:51am
um at 3366/67...
those who can, do. those who cant, talk about those who can
  • #808,457
  • Jun 18, 2013 2:54am Jun 18, 2013 2:54am
Quoting gatorinla
um at 3366/67...
usdx bulls need to hold 81.05 with closes.
those who can, do. those who cant, talk about those who can
  • #808,458
  • Jun 18, 2013 2:58am Jun 18, 2013 2:58am
there we (might) go:

USDOLLAR M15:
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Don't be a hero. Don't have an ego. Always question yourself
  • #808,459
  • Jun 18, 2013 2:58am Jun 18, 2013 2:58am
Touched lower TL and bang! It will be 3rd wave for that TL
You cannot learn better without losing
  • #808,460
  • Jun 18, 2013 3:06am Jun 18, 2013 3:06am
Two scenarios here:
SCENARIO 1:
Wave 5 has been finished in truncaded wave five mode and now the price will be heading lower. First confirmation is 1.3286 level breakout.
SCENARIO 2:
Wave 5 has not been finished and the triangle is on the making. New high is expected if 1.3385 is broken.

Flynch
Attached Image (click to enlarge)
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