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  • #819,661
  • Jul 31, 2013 3:59pm Jul 31, 2013 3:59pm
Quoting ffleo
{quote} we are not institutional traders, we need a chart.
whatever floats your boat BRO..

dont worry..

using Indies, or charts or crystal ball.. all is there.. [if helps you to crack the code.. ]
the main tool is your BRAIN..

It doesnt matter if you are using 100 indies or naked chart..

the decision is YOURs.. and Final..
  • #819,662
  • Jul 31, 2013 4:05pm Jul 31, 2013 4:05pm
Quoting Piters
{quote} whatever floats your boat BRO.. dont worry.. using Indies, or charts or crystal ball.. all is there.. [if helps you to crack the code.. ] the main tool is your BRAIN.. It doesnt matter if you are using 100 indies or naked chart.. the decision is YOURs.. and Final..
ffleo is one of the good guys Piters.. That being said, what do you mean? You want us to use our Brain? What a novel concept.. We want it e-z.. We want to draw a stupid line and the Market better turn there or else..
  • #819,663
  • Jul 31, 2013 4:08pm Jul 31, 2013 4:08pm
70% chart . 28% fundamentally . 2% guts.
  • #819,664
  • Jul 31, 2013 4:10pm Jul 31, 2013 4:10pm
Quoting attila
{quote} ffleo is one of the good guys Piters.. That being said, what do you mean? You want us to use our Brain? What a novel concept.. We want it e-z.. We want to draw a stupid line and the Market better turn there or else..

I know he is a good guy bro..

My point is:

regardless what we are using: tools, indies, charts, maths, mofu, tofu, magic.. ect...

the final decision to take the trade or not is OURS>> including to refuse to take the trade too . or stop trading for that day if you cant see the point..
  • #819,665
  • Jul 31, 2013 4:10pm Jul 31, 2013 4:10pm
Quoting pkimnyc
{quote} lol. mate, how do you define a trend and how long do they last?

In this case the definition of trend has been referred to pretty poorly here by some self proclaimed "Experts."

Those who decided to short on the "trend line" when in fact it is not a trend line at all lol.

It is a good place to short without a doubt - technically speaking, But it is NOT a trend line. A trend is a series of higher highs or higher lows connected by two or more points on a chart of price. We do not have that here on this pair. It is ranging.

Still this IS a great place to short. However, I put more value in the double bottom than the TOP in a pennant pattern.

Clearly there are people here who think EUR/USD is in a down trend on the daily chart. Clearly it is not.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-daily.jpg Size: 154 KB
  • #819,666
  • Jul 31, 2013 4:12pm Jul 31, 2013 4:12pm
Quoting Piters
{quote} I know he is a good guy bro.. My point is: regardless what we are using: tools, indies, charts, maths, mofu, tofu, magic.. ect... the final decision to take the trade or not is OURS>> including to refuse to take the trade too . or stop trading for that day if you cant see the point..
right. not trading is also trading.
  • #819,667
  • Jul 31, 2013 4:14pm Jul 31, 2013 4:14pm
need to keep an eye on usdjpy.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #819,668
  • Jul 31, 2013 4:18pm Jul 31, 2013 4:18pm
nap time.
laters.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #819,669
  • Jul 31, 2013 4:30pm Jul 31, 2013 4:30pm
So, trading naked doesn't work, trading drunk doesn't work... and trading charts doesn't as well? My, my...
  • #819,670
  • Jul 31, 2013 4:37pm Jul 31, 2013 4:37pm
Quoting Mr Hatch
So, trading naked doesn't work, trading drunk doesn't work... and trading charts doesn't as well? My, my...

Hatch try Percocet keep me awake for long time and sober as well!!!!
very small profit I took out of this day, may be 50 pip top! But hey better then nothing!
  • #819,671
  • Jul 31, 2013 4:52pm Jul 31, 2013 4:52pm
Quoting Effex
{quote} In this case the definition of trend has been referred to pretty poorly here by some self proclaimed "Experts." Those who decided to short on the "trend line" when in fact it is not a trend line at all lol. It is a good place to short without a doubt - technically speaking, But it is NOT a trend line. A trend is a series of higher highs or higher lows connected by two or more points on a chart of price. We do not have that here on this pair. It is ranging. Still this IS a great place to short. However, I put more value in the double...
point well taken and well spoken. cheers.
  • #819,672
  • Jul 31, 2013 4:57pm Jul 31, 2013 4:57pm
Quoting gatorinla
{quote} me too, but still partial to .8xxx LT.. mofus just dont care about my plans.. lots of R here linked to .86 since this year began. {image}

a nice hh .. 3739 is valid. we didn't get a day close above 317or 20 yet. life would be easier if 3245 was hit earlier..
those who can, do. those who cant, talk about those who can
  • #819,673
  • Jul 31, 2013 5:01pm Jul 31, 2013 5:01pm
Gator, what is your levels on euraud

To load up longs ?
Intraday only.
  • #819,674
  • Jul 31, 2013 5:09pm Jul 31, 2013 5:09pm
Quoting Effex
{quote} In this case the definition of trend has been referred to pretty poorly here by some self proclaimed "Experts." Those who decided to short on the "trend line" when in fact it is not a trend line at all lol. It is a good place to short without a doubt - technically speaking, But it is NOT a trend line. A trend is a series of higher highs or higher lows connected by two or more points on a chart of price. We do not have that here on this pair. It is ranging. Still this IS a great place to short. However, I put more value in the double...

agree with you, is missing a last high and some guys here told us that but later changed they mind!?

Thank you for your help
  • #819,675
  • Jul 31, 2013 5:12pm Jul 31, 2013 5:12pm
Quoting myk
my view is we might see a retrace to 3220-3240 before heading towards 3350
seems like it was almost spot on .
MMMYYYKKK
  • #819,676
  • Jul 31, 2013 6:07pm Jul 31, 2013 6:07pm
Quoting navk
Gator, what is your levels on euraud To load up longs ?

i had been targeting 1.5002 r 5018
those who can, do. those who cant, talk about those who can
  • #819,677
  • Jul 31, 2013 6:09pm Jul 31, 2013 6:09pm
Quoting gatorinla
{quote} a nice hh .. 3739 is valid. we didn't get a day close above 317or 20 yet. life would be easier if 3245 was hit earlier..
+1

god bless you male whore...one of few, with open eyes

this forum is fucking homo if male whore is trading better than others....
do whatever the fuck you want to do !
  • #819,678
  • Jul 31, 2013 6:12pm Jul 31, 2013 6:12pm
Quoting Effex
{quote} In this case the definition of trend has been referred to pretty poorly here by some self proclaimed "Experts." Those who decided to short on the "trend line" when in fact it is not a trend line at all lol. It is a good place to short without a doubt - technically speaking, But it is NOT a trend line. A trend is a series of higher highs or higher lows connected by two or more points on a chart of price. We do not have that here on this pair. It is ranging. Still this IS a great place to short. However, I put more value in the double...
everyone entitled to find what works specifically for themselves, trends have been debated for years

"clearly it is not" is your opinion and you welcome to it

for me trends can be strengthened or weakened by checking higher timeframes
charts eu dialy and weekly

weekly just using the whiteline (and blue because that one is also relevant to the daily ) show only 3 primary trends down, up & sideways (presently) with the length of trends including the reversal patterns, rallies and dips etc etc

The sideways (ranging) trend is contained in a pretty neat triangle

daily surprise surprise within the above weekly triangle we have 4 primary trends including rallies and dips etc and another presently pa is contained within another triangle range - this could be perceived as a topping pattern mid trend aka "no-mans land"

So to say trend is up, is a little early, if pa breaks 3300 ish aka the utl of the present triangle, then make a new high then another new high where the present primary trend was halted, yes could be correct and she could start targeting the bigger weekly (white) utl

But proper range trading is sell the top / high and buy the bottom / low until breakout, so considering she is in no mans land, and near the top of her present range or reversal pattern, buying into 3300ish is very dangerous and the"trend" may not save your butt

So buyers should be patiently sitting on hand, smaller time traders could continue playing the range and bears could be trying to get in a position around 3300ish if the range top holds, there is enoughroom to the bottom and if pa breaches the ltl of the triangle and continues printing LH LL,s the present stalled up trend could be negated even more nice room to trade to the bigger weekly ltl (white) if that I breached go back to weekly chart and check possible target they are huge

so Buying into 3300 according to daily trend as "you say is UP" is very risky, not saying don't do it, but your trend argument is very weak
Clever buyer would be sitting on their hands right now. sellers would be cautious but looking for a position now or fishing
Is my weekly rave over, welcome to August ps excuse crappy art work
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU Daily 1st Aug.png Size: 28 KB
Click to Enlarge Name: EU Weekly 1st Aug.png Size: 35 KB
If you are new to Forex? Say Goodbye to your account!!
  • #819,679
  • Jul 31, 2013 6:25pm Jul 31, 2013 6:25pm
something's telling me we haven't seen the end of it (calling it "it", because I have no clue where the trend is, nor do I care).
  • #819,680
  • Jul 31, 2013 6:30pm Jul 31, 2013 6:30pm
I hope this video helps to open your eyes some more about the real world of trading.

It is in 12 parts - this video is the introduction and each part is 12 mins long.

Each part digs deeper and deeper into explain the market and trading on a whole. Its very interesting.

This video well help you to think more about what happens in the market and what could or could not be going on.

Take Care

http://www.youtube.com/watch?v=9h3lByx59ns
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