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  • #826,661
  • Aug 16, 2013 9:45am Aug 16, 2013 9:45am
Quoting MaxDoom
{quote} you too
Bastard or see you next week ?
  • #826,662
  • Aug 16, 2013 9:45am Aug 16, 2013 9:45am
Quoting mironal3x
Hey everybody, Alex the newbie here. I've been following this forum for like a week now but can't really follow you guys. The gap between our forex knowledge is too big. I am not looking for magical indicators that can give me some mad pips, but I am attracted to this subject and since I know how to read and enjoy it, maybe somebody can recommend some good books for a newbie. I've followed so far the http://www.babypips.com/school/ . Any sugestions are welcome. Thanks in advance
It would be nice if they'd moderate my post a bit faster so one can actually see it
  • #826,663
  • Aug 16, 2013 9:47am Aug 16, 2013 9:47am
what the hell with this smooth down trip... its like I gonna burn you and make a reversal at any moment so tight your ass bitch
Get Rich or Die Tryin
  • #826,664
  • Aug 16, 2013 9:48am Aug 16, 2013 9:48am
I need a little help on this one. I have some levels on my chart, which PA likes to play with a lot, when it comes near these levels almost every candle touches it, but no close below (or above). If it closes through the level, then the next candle takes it back.

eg: 3253.8 on the posted chart [h4]

What are these called? other than S/R, do these have any specialty?
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  • #826,665
  • Aug 16, 2013 9:49am Aug 16, 2013 9:49am
Quoting hoom
what the hell with this smooth down trip... its like I gonna burn you and make a reversal at any moment so tight your ass bitch
Hopefully it keeps up for another 115 pips and saves my shorts.
  • #826,666
  • Aug 16, 2013 9:50am Aug 16, 2013 9:50am
Quoting Mr Hatch
{quote} Damn, kill it off, Gator. In the end, everyone will have forgotten that he critizised pipettes for a couple of weeks now, while propagating "what's 20 pips among friends"... with billions of tick-data, I don't see the honest approach to this community anymore... computer-scientists that suddenly are generous and neglect precision? my ass...
k-means is exactly why some precision is lost in favour for classification. Each tick belongs to some center, so you can say they are "casting" votes like a General Election as to where to go... Ultimately, when there's enough votes it will go to that center.. however, the real hard part is either # of centers or value of a mean.. that is a difficult problem.. IMNSEO (in my not so expert opinion), 10 centers are rather inadequate unless he does nested classification within each cluster..
it is highly likely that i'm wrong... so dont follow me!
  • #826,667
  • Aug 16, 2013 9:50am Aug 16, 2013 9:50am
Hold on to your shorts guys.. we might see a day low : 1.3270 , 1.3260
  • #826,668
  • Aug 16, 2013 9:53am Aug 16, 2013 9:53am
Quoting aSTRONAUT
Hold on to your shorts guys.. we might see a day low : 1.3270 , 1.3260
said a random astronaut
Quote
kidding of course
Get Rich or Die Tryin
  • #826,669
  • Aug 16, 2013 9:54am Aug 16, 2013 9:54am
Hello traders!

I'm short after pinbar into supply. target is all the way down to 1.3230, ofcourse all depeneds of how 1h bars will develop, possible early exit or take half of the position and have a free trade.

@gatorinla: whats your view at ej? i still have half of the position at 51...but am very confused...if PA on hourly is like this, some kind of pinbar, i will keep otherwise close.
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less is more
  • #826,670
  • Aug 16, 2013 9:54am Aug 16, 2013 9:54am
Quoting mironal3x
maybe somebody can recommend some good books for a newbie. I've followed so far the http://www.babypips.com/school/ . Any sugestions are welcome. Thanks in advance
some people will recommend "Four elements" to you immediately.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #826,671
  • Aug 16, 2013 9:54am Aug 16, 2013 9:54am
Quoting ainaedil
{quote} Bastard or see you next week ?

Both I guess... We have a weird sense of humour...
  • #826,672
  • Aug 16, 2013 9:54am Aug 16, 2013 9:54am
Quoting CJayB
{quote} Hopefully it keeps up for another 115 pips and saves my shorts.
115pips
where is ur short?
Together We Stand !
  • #826,673
  • Aug 16, 2013 9:54am Aug 16, 2013 9:54am
Quoting flam
{quote} k-means is exactly why some precision is lost in favour for classification. Each tick belongs to some center, so you can say they are "casting" votes like a General Election as to where to go... Ultimately, when there's enough votes it will go to that center.. however, the real hard part is either # of centers or value of a mean.. that is a difficult problem.. IMNSEO (in my not so expert opinion), 10 centers are rather inadequate unless he does nested classification within each cluster..
absolutely correct.. what else can I say to people that don't know what they don't know...
  • #826,674
  • Aug 16, 2013 9:55am Aug 16, 2013 9:55am
support at 3330.
seems today will end around this level.
negative pips with my short..
Together We Stand !
  • #826,675
  • Aug 16, 2013 9:58am Aug 16, 2013 9:58am
aussie looks like it might give a crazy run today
  • #826,676
  • Aug 16, 2013 9:59am Aug 16, 2013 9:59am
Quoting flam
{quote} patternwise, you need to break 1.3325 bullish engulfing... Even if there's a evening star, it does not mean it goes south right away, just that the high of the pattern becomes an area of interest for resistance in future...

you are right bro, first tp 1.3325, second tp open, sliding sl to green pips, no risk for this
  • #826,677
  • Aug 16, 2013 9:59am Aug 16, 2013 9:59am
Quoting Mr Hatch
{quote} Well, I stopped laughing about you quite a while ago. Now it's a shell game... why bother, then? Sell pizza instead, an honest trade.
ok, there's not reason to have an argument with you anymore... you're grabbing straws here and it shows.
  • #826,678
  • Aug 16, 2013 9:59am Aug 16, 2013 9:59am
Quoting theonlyone
{quote} 115pips where is ur short?
1.3215. I rode the wave down yesterday while short, covered, and then was scalping on the bottom expecting to hit 1.32 and go long on a bounce back up.

I hit the bathroom with a position open and when I came back it was -100+ pips in the red.
  • #826,679
  • Aug 16, 2013 9:59am Aug 16, 2013 9:59am
Quoting attila
{quote} .. we can argue till blue in the face, as this is the greatest shell game ever invented..
This is probably the most perfect answer to all the arguments on here that I have ever seen.

Even between two, three or four well-respected traders, I have never read a congruence in their 'forecasts' and that is simply because the market is out there to fuck us all and so often it is a matter of picking the right shell - 'cos you followed it properly, didn't you?

Well said
  • #826,680
  • Aug 16, 2013 9:59am Aug 16, 2013 9:59am
Quoting attila
OK let me just make it clear now so I'll be the first to say it.. 3363 is NOT a swing level.. it will only retrace here.. final target from the 2754 low is 3450 and possible 3700... just as I mentioned when we were there.... go read my posts starting july 9th... when everybody was going short with gator...
ok, i just wondered if you meant today, i mean with billions of calculations you finally got to where we were 2 months back. i was questioned on time.. where is your time? when will any of this happen you post?
those who can, do. those who cant, talk about those who can
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