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  • #826,821
  • Aug 16, 2013 10:53pm Aug 16, 2013 10:53pm
Quoting BabyBrooke
Well im going to delete the post becase I don't want to get banned. thats how these +10v idiots work. they ban you if you fight them and win.
Watch & Learn BabyBrooke.. before opening your big mouth.
By the way, Have a great weekend!
  • #826,822
  • Edited 11:08pm Aug 16, 2013 10:57pm | Edited 11:08pm
Quoting Eurusdd
{quote} He is perfectly correct!!! Why? The resources needed to produce a green/red bar on any given chart are finite and so the more green bars in a row you find on your chart, the closer you are to the next red bar!!! This is not the same - in the case of H/T - with tossing a fair-coin. Each time you toss a fair coin, it is most likely that the external conditions are the same and so, you can have very long streaks of heads without getting closer to the next tail at all. the value of the next toss is independent of the previous results you got!...
didnīt know how sure was your thinking, now I know!!!!
  • #826,823
  • Aug 16, 2013 11:21pm Aug 16, 2013 11:21pm
I never carefully read what other posters write in a hurry to open my big mouth. Just glanced through the few posts and here are my royal views:

1. Accept that we cannot correctly speculate this market, no body can and nobody should be. Because price is drivin by ever changing factors. One cannot say a factor driving pa up will not be influenced by a new factor causing it to go down. To me speculation has very little use.

2. For the wisemen who accept the 1. above, the question is what to do if we don't know what will be the next move of the pa?

3. The answer to the question in 2. above is study how price behaves and play accordingly.

4. The most important part is your R:R.

One more thing......... This market is not a fuckin' coin toss. Each toss in this market is not an independent event. There is always profit taking at key levels. That's why there is a chance that next bar could be of different color.

ps. If you think your are smarter than me, read my signature.
The Thief of Wall Street
  • #826,824
  • Aug 17, 2013 12:51am Aug 17, 2013 12:51am
Quoting Alexone
{quote} I think you are trying to say 'violent'. The more violent a move is the greater the retrace it will be. Probably. Trends are a different story. Anyway, we were talking about individual bars and this discussion is pretty pointless to me as im sure is to every1 here. You are trying to convince me that a man who says 'it will rain today' and he keeps saying that for the next 20 days, and on the 21st it finally rains, the man is right no?
1 bar made of many small ones
Even the worst trade can close with profit. Just give it time.
  • #826,825
  • Aug 17, 2013 1:30am Aug 17, 2013 1:30am
Just went to Costco today to buy some imported Dutch Gouda Cheese.
I really don't understand how people can like and eat American cheese, highly processed, flavorless and tasteless.
I read somewhere you can get cancer from processed foods.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #826,826
  • Aug 17, 2013 2:05am Aug 17, 2013 2:05am
A trend on a 1min chart can be a combination of red and green bars. However, if you transform that trend into bars on a DAILY chart you may end up with just ten green bars. If those bars are all green then the color of the eleventh bar is NOT independent of the colors of these bars because of finite resources. Therefore, on the daily chart we are getting closer to a red bar and that red bar will appear as a major/minor downtrend on the 1min chart!!!
  • #826,827
  • Aug 17, 2013 2:58am Aug 17, 2013 2:58am
Quoting Eurusdd
A trend on a 1min chart can be a combination of red and green bars. However, if you transform that trend into bars on a DAILY chart you may end up with just ten green bars. If those bars are all green then the color of the eleventh bar is NOT independent of the colors of these bars because of finite resources. Therefore, on the daily chart we are getting closer to a red bar and that red bar will appear as a major/minor downtrend on the 1min chart!!!
hmm... i dont think they meant it that way...

it would be more like.. after 10 consecutive red bars, the 11th has a better chance of getting that green bar.. in this probability statement, the length of the green/red bars are not measured... you cant have 2000 red consecutive red bars dropping 0.1 pip a minute.. In theory yes, but I dont think it is likely...
it is highly likely that i'm wrong... so dont follow me!
  • #826,828
  • Aug 17, 2013 3:08am Aug 17, 2013 3:08am
Quoting KillerWhale
Just went to Costco today to buy some imported Dutch Gouda Cheese. I really don't understand how people can like and eat American cheese, highly processed, flavorless and tasteless. I read somewhere you can get cancer from processed foods.
I usually buy cheese/meat/vegetables from trustworthy resources like countrymen. They are 0% processed. Those stuff from supermarkets all taste like rubber.
And yes, most of the compounds they put in your food, like those that make it last 3-4 times more without spoiling are carcinogenic.
If you want to have more time to invest your wealth, find those unprocessed food resources.
  • #826,829
  • Aug 17, 2013 3:36am Aug 17, 2013 3:36am
Quoting mironal3x
{quote} I usually buy cheese/meat/vegetables from trustworthy resources like countrymen. They are 0% processed. Those stuff from supermarkets all taste like rubber. And yes, most of the compounds they put in your food, like those that make it last 3-4 times more without spoiling are carcinogenic. If you want to have more time to invest your wealth, find those unprocessed food resources.

Thanks for the compliment, I will make sure to tell the cheesheads here in Gouda ! Always had to bring it to the States for my friends living there, when I visited them. And you are right about all the processed food.
  • #826,830
  • Aug 17, 2013 5:46am Aug 17, 2013 5:46am
Quoting KillerWhale
{quote} That's all up to you if you don't recognize quality. Gator and Piters could very well be the top 2 traders this forum has ever seen!
Meh .. I have seen and met better traders both on this website and in real life. Dont care much about the rankings and awards..

I have posted my EURO Analysis for coming week for those who are interested here:

http://www.forexfactory.com/showthre...63#post6900163
  • #826,831
  • Aug 17, 2013 6:01am Aug 17, 2013 6:01am
1.36 here we come

the only thing that is hard for me to tell is if 1.34 will temporarily hold, and we will see another drop to 1.32/1.3250 before we blast off to 1.36

when i take a look at the weekly candles, it seems that might be the likely scenario..
Be hopeful in a winning position, and fearful in a losing position.
  • #826,832
  • Aug 17, 2013 6:28am Aug 17, 2013 6:28am
Quoting Purple
{quote} Meh .. I have seen and met better traders both on this website and in real life. Dont care much about the rankings and awards.. I have posted my EURO Analysis for coming week for those who are interested here: http://www.forexfactory.com/showthre...63#post6900163
I don't care about ranking or awards either. I think the best thing is to take everything out of the market by being smarter than the rest and not tell anyone about it and enjoy life spending your well deserved profits with family and friends.
  • #826,833
  • Edited 7:49am Aug 17, 2013 6:49am | Edited 7:49am
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  • #826,834
  • Aug 17, 2013 7:52am Aug 17, 2013 7:52am
Quoting Faller
I now truly believe that trading should be and should remain......a sole......private....and quite venture.........
  • #826,835
  • Aug 17, 2013 8:49am Aug 17, 2013 8:49am
Quoting Faller
Well..... I just got back from a day at the beach with the family - weather was perfect.....nice breeze....blue skies with sunshine.....got a little sun burn but hey....the pain makes lets you know you are still alive....... So I sit down at the computer to check the day....charts....etc....then to FF - WHOLLY FUCKING SHIT! Or so she said..... Glad I had a case of Grolsch to dip into........ I now truly believe that trading should be and should remain......a sole......private....and quite venture.......... The shit I just read through would make...

i think someone said that abandoning forums made them profitable..... i think i might do that for a while, atleast the trading threads ...............................
  • #826,836
  • Edited 12:48pm Aug 17, 2013 9:12am | Edited 12:48pm
Quoting Purple
{quote} Meh .. I have seen and met better traders both on this website and in real life. Dont care much about the rankings and awards.. I have posted my EURO Analysis for coming week for those who are interested here: http://www.forexfactory.com/showthre...63#post6900163

Hay mate..

What's wrong? .. bad day? or your PR resigned.??

I bet you ... [not using any Viagra]..

I can LAST LONGER [then you] !


Lots of love
  • #826,837
  • Aug 17, 2013 9:45am Aug 17, 2013 9:45am
my conclusion after reading this forum for 1 year:
everybody here is wrong (99 times from 100, including me).
you can't even do the opposite, because there is so much wrong, that the opposite is also wrong
you can only read here for fun - a real trader would never post here! a new trader who thinks he can learn here something.. will have a bad time.
but it's funny to read.. the old parrots yelling the same over and over again.. the 'mofu' that no one understands and thats total useless...
but it's realy fun for persons like me, that have nothing to do
failure is not an option.
  • #826,838
  • Edited 10:12am Aug 17, 2013 9:59am | Edited 10:12am
Quoting rudimente
my conclusion after reading this forum for 1 year: everybody here is wrong (99 times from 100, including me). you can't even do the opposite, because there is so much wrong, that the opposite is also wrong you can only read here for fun - a real trader would never post here! a new trader who thinks he can learn here something.. will have a bad time. but it's funny to read.. the old parrots yelling the same over and over again.. the 'mofu' that no one understands and thats total useless... but it's realy fun for persons like me, that have nothing...

i find some of the charts useful but really this site was never meant to be a trade signal service...

i just treat it as a way to learn what doesn't work


not going to lie, there are huge traders that post here (1 mil ++), but they aren't as regular as they used to be. honestly, i think very serious traders are all just much too focused on the price action to post. i know for me, that's the reason why most of my posts are on the weekend


anyone find this chart useful? imo the chart the USD is painting couldn't be much better

check out that 987 exponential close (white moving average)... being touched TO THE PIP. Fibonacci for life.

USDx weekly -- massive descending wedge pattern
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Be hopeful in a winning position, and fearful in a losing position.
  • #826,839
  • Aug 17, 2013 10:01am Aug 17, 2013 10:01am
Quoting attila
{quote} totally agree with you.. and yet so many are trying to decipher that piece of crap called mofu.. it's absolutely hilarious.. I know exactly how it works and it's totally useless just as you said.. actually it's not that useless... I use it as a counterindicator, to take the other side of gator's trade... I know when it fails, and when it does it fails with a bang.. http://www.forexfactory.com/attachme...6&d=1376526231
ok, to be fair.. it's not totaly useless and it's not so hard to find that numbers.. but it ist not the holy grail
nothing is the holy grail
the funny thing in forex .. EVERYTHING WORKS
failure is not an option.
  • #826,840
  • Aug 17, 2013 10:04am Aug 17, 2013 10:04am
Quoting rudimente
{quote} ok, to be fair.. it's not totaly useless and it's not so hard to find that numbers.. but it ist not the holy grail nothing is the holy grail the funny thing in forex .. EVERYTHING WORKS
The holy grail is the trader... many trade naked charts.. nuff said..
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