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Help Me Establish The GbpUsd After Dinner Club 40 replies

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The Club!

  • #5,481
  • Aug 22, 2013 2:01am Aug 22, 2013 2:01am
on the other hand data all green from europe
  • #5,482
  • Aug 22, 2013 2:03am Aug 22, 2013 2:03am
Quoting PipTrapper
{quote} I share that exact sentiment with you... except on higher time frames (H4 and above) I pretty much look at a much larger fractal of what you see on the smaller time frames. You see, I am too relaxed and laid back to jump in and out of trades in multiple directions on a daily basis. I choose to take a longer term approach and I use fundamental and sentiment analysis to help me get there, but never ignore the techs. If you want to simplify it, let's just say that you are a trader and I am an investor
Wherever you go, there you are.
  • #5,483
  • Aug 22, 2013 2:04am Aug 22, 2013 2:04am
Quoting Mad Russian
any body shorted , i think 1.3280 now target #1, bulls did impressed me yest
price should not fall below 3353.
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #5,484
  • Aug 22, 2013 2:06am Aug 22, 2013 2:06am
Quoting Mad Russian
on the other hand data all green from europe
Not ALL green, but looking good on the PMI figures which is only opinion based survey data... not real economic facts.
The market will trade on it, but they will pay more attention to US data because that is what matters right now as it will have a huge impact on the September Fed decision. The market is currently over speculated based on the availability of free money from the Fed. If the Fed is going to taper, that over speculation has to scale back in a big way.
Those who say it cannot be done should not interrupt those who are doing it
  • #5,485
  • Aug 22, 2013 2:07am Aug 22, 2013 2:07am
Quoting Ambar
{quote} For me, the only fact in the life is the future death. And maths. I am quite humble, and I do not know so much like you. For me, there are one mixture of methods, and this is not maths, this is Forex. If you have one method, 100% truth, you can be rich selling it. There are probabilities. I only mentioned the doble border at 32.20. I have missed that entry because I was just waken up ( summer time) and aslept. This resistance has stopped the trend in 1 hour frame. I give you facts in Ichimoku system that is one alternative that I cannot...
Ambar

"The man that knows something, knows that he knows nothing at all".
Wherever you go, there you are.
  • #5,486
  • Aug 22, 2013 2:09am Aug 22, 2013 2:09am
Quoting milam
{quote} Ambar "The man that knows something, knows that he knows nothing at all".

My favorite: "A little bit of knowledge is a dangerous thing"
Those who say it cannot be done should not interrupt those who are doing it
  • #5,487
  • Aug 22, 2013 2:14am Aug 22, 2013 2:14am
Quoting godim
{quote} Here quite disagree. I just want to clarify. I work with two-bar swing chart. New swing when there are two bars with higher highs or lower lows. The Bears reached the first bar. We need to count them one. If tomorrow they succeed with a new bottom will mark a new DownSwing. This means new bear fan, etc. For me, it (NeutralSlope) is a great success for the bears. They fought two days of it. Bulls on the move.
Interesting, but only today the low of the day before the inside bar has been reached and bounced, that could indicated that bull are looking to buy value at a better price and they are not just a few, beside seems to me that bears have not great convictions.
Wherever you go, there you are.
  • #5,488
  • Aug 22, 2013 2:16am Aug 22, 2013 2:16am
Quoting PipTrapper
{quote} Not ALL green, but looking good on the PMI figures which is only opinion based survey data... not real economic facts. The market will trade on it, but they will pay more attention to US data because that is what matters right now as it will have a huge impact on the September Fed decision. The market is currently over speculated based on the availability of free money from the Fed. If the Fed is going to taper, that over speculation has to scale back in a big way.
YOU THINK THOSE PRINTING ADDICTS WILL TAPER , ITS HARD TO BELIEVE FOR ME , BUT ITS JUST ME , lol what do i know , the like to move the market with their promise to taper i think
  • #5,489
  • Aug 22, 2013 2:16am Aug 22, 2013 2:16am
Quoting PipTrapper
{quote} My favorite: "A little bit of knowledge is a dangerous thing"
Beside, you know that I always talk BS.

Be back soon now they are calling me the cabbage is on the table.
Wherever you go, there you are.
  • #5,490
  • Aug 22, 2013 2:17am Aug 22, 2013 2:17am
Quoting milam
{quote} Interesting, but only today the low of the day before the inside bar has been reached and bounced, that could indicated that bull are looking to buy value at a better price and they are not just a few, beside seems to me that bears have not great convictions.
Excuse me while I chime in my due centisimi here
I do not think the bulls have conviction either. What we have here is a ping pong game which is very typical for August and especially so when the market does not have any idea what to do in the face of probable tapering by the Fed.

In fact if you want my opinion (you're getting it anyway LOL), that bounce at today's low was nothing more than a short covering after the green PMI numbers from germany.
Those who say it cannot be done should not interrupt those who are doing it
  • #5,491
  • Aug 22, 2013 2:23am Aug 22, 2013 2:23am
Quoting godim
{quote} I want to ask: if someone takes advantage of these posts?
Hi godim. I don't use the posts for to place specific entries but I am most certainly paying attention to the charts, the levels, & especially the time-aspect that is currently out of my realm but, as a result of your musings, is something that I intend to get to grips with in the future. Your charts are definitely making me think about my trading, please keep them up, I appreciate them very much. Cheers.
  • #5,492
  • Aug 22, 2013 2:26am Aug 22, 2013 2:26am
Quoting Mad Russian
{quote} YOU THINK THOSE PRINTING ADDICTS WILL TAPER , ITS HARD TO BELIEVE FOR ME , BUT ITS JUST ME , lol what do i know , the like to move the market with their promise to taper i think
Tapering does not mean they will stop printing. It just means they will print less.
In fact, I think they have no choice but to taper. If they do not, soon they will own 100% of all outstanding bonds and mortgage securities. That would kill the markets and will be catastrophic... which in the end means that what money is left (which will not be much) will have to find a safe haven, and I guarantee you it will not be the Euro.
Those who say it cannot be done should not interrupt those who are doing it
  • #5,493
  • Aug 22, 2013 2:29am Aug 22, 2013 2:29am
Quoting Sober_Colm
{quote} Hi godim. I don't use the posts for to place specific entries but I am most certainly paying attention to the charts, the levels, & especially the time-aspect that is currently out of my realm but, as a result of your musings, is something that I intend to get to grips with in the future. Your charts are definitely making me think about my trading, please keep them up, I appreciate them very much. Cheers.
Top of the morning Colm. Excuse the stereotype, but if you're Irish, isn't your handle a contradiction "sober"?
Those who say it cannot be done should not interrupt those who are doing it
  • #5,494
  • Aug 22, 2013 2:29am Aug 22, 2013 2:29am
PT, take a look at this week candle and last week candle , do you see anything even this week not done , but its ok
  • #5,495
  • Aug 22, 2013 2:33am Aug 22, 2013 2:33am
Quoting Mad Russian
PT, take a look at this week candle and last week candle , do you see anything even this week not done , but its ok
Yes I have been watching them with interest. In fact I commented previously on them and the july candle. All indecision candles. But that is typical for summer slow down.
Those who say it cannot be done should not interrupt those who are doing it
  • #5,496
  • Aug 22, 2013 2:40am Aug 22, 2013 2:40am
Quoting PipTrapper
{quote} Excuse me while I chime in my due centisimi here I do not think the bulls have conviction either. What we have here is a ping pong game which is very typical for August and especially so when the market does not have any idea what to do in the face of probable tapering by the Fed. In fact if you want my opinion (you're getting it anyway LOL), that bounce at today's low was nothing more than a short covering after the green PMI numbers from germany.
Bulls.

For the sake of the conversation it would be interesting to monitor the reaction of the test of the recent low, looks like the bears are very keen to see that. Lets see what will happen and hopefully we can make some green pips one way or the other.
Wherever you go, there you are.
  • #5,497
  • Aug 22, 2013 2:41am Aug 22, 2013 2:41am
1.3333-34 needs to give up and we will sink , anybody has those numbers ??
  • #5,498
  • Aug 22, 2013 2:43am Aug 22, 2013 2:43am
1.3312 my bring some buyers
  • #5,499
  • Aug 22, 2013 2:48am Aug 22, 2013 2:48am
where is Schickeria , he would say something like "" bitch time for you to drop "" lol
  • #5,500
  • Aug 22, 2013 2:49am Aug 22, 2013 2:49am
Quoting milam
{quote} Ambar "The man that knows something, knows that he knows nothing at all".
Milam, I do not to want to be pretender. Your quote is very god and I use it sometimes.For me is very good, because I said I was humble, and more humble in Forex. I think I do not know nearly anything, and I do not feel ashamed about this in Forex. ¿are you very selfish in Forex? Congratulations. I do not want to start a philosophy speaking now. I was just only trying to say that it's very difficult to keep facts and certain numbers in Forex, as 100% truth. And there are a lot of methods. I only can see a big border at 133,20, that can develope a big drop, if it's crossed.
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