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  • #838,021
  • Sep 25, 2013 1:59pm Sep 25, 2013 1:59pm
Quoting ill_be_back
{quote} Got this from one of the threads here on FF "The best that any (retail) trader can hope for is an edge, and the discipline needed to implement it. An edge is ultimately determined by how heavily/frequently a trader is net long while price is rising, and net short when price is falling. In other words, the more accurately a trader times his entries and exits relative to market reversals, the more pips he banks. Nothing (MM, R:R, perfectly disciplined execution, positive attitude, etc) can overturn this fact."
Do you consider having 5 wives an edge? I am always either net long or short.
The Thief of Wall Street
  • #838,022
  • Sep 25, 2013 2:02pm Sep 25, 2013 2:02pm
I have 3591 and 3467 next, anyone has the same?
Wherever you go, there you are.
  • #838,023
  • Sep 25, 2013 2:06pm Sep 25, 2013 2:06pm
Quoting milam
I have 3591 and 3467 next, anyone has the same?
What's the basis? Do you have a picture. Thanks.
I don't have these numbers
The Thief of Wall Street
  • #838,024
  • Sep 25, 2013 2:13pm Sep 25, 2013 2:13pm
Quoting Chicky
{quote} What's the basis? Do you have a picture. Thanks. I don't have these numbers
Sure...

It is based on how to draw fibo retracement, I nice man taught me the other day....
Attached Image (click to enlarge)
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Wherever you go, there you are.
  • #838,025
  • Sep 25, 2013 2:27pm Sep 25, 2013 2:27pm
EWT on EURUSD to test previous high on H1 Expecting this before the next big set of news.

USDJPY to test upper TL of downward channel potentially could break up the same time that EURUSD bounced off previous top (Given in the graph)
Attached Image(s) (click to enlarge)
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Even the worst trade can close with profit. Just give it time.
  • #838,026
  • Sep 25, 2013 2:31pm Sep 25, 2013 2:31pm
Quoting milam
{quote} Sure... It is based on how to draw fibo retracement, I nice man taught me the other day.... {image}
Thanks
The Thief of Wall Street
  • #838,027
  • Sep 25, 2013 5:07pm Sep 25, 2013 5:07pm
Tomorrow night i am expecting a 100 pip move up or down . I am going to sleep now
Skype: tlcodelearncircle
  • #838,028
  • Sep 25, 2013 5:10pm Sep 25, 2013 5:10pm
Quoting milam
{quote} Sure... It is based on how to draw fibo retracement, I nice man taught me the other day.... {image}
Apologies to mark on your chart. But could you have the Fib Ratio shown and from which point it's drawn for #1, 2, 3, 5 and 5?

As per standard Pivot Calculation:

DP = 1.3509
D S1 = 1.3480
D R1 = 1.3554

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  • #838,029
  • Sep 25, 2013 5:55pm Sep 25, 2013 5:55pm
Quoting Ken A
{quote} Apologies to mark on your chart. But could you have the Fib Ratio shown and from which point it's drawn for #1, 2, 3, 5 and 5? As per standard Pivot Calculation: DP = 1.3509 D S1 = 1.3480 D R1 = 1.3554 {image} {image}
sorry, I am not sure if I understand your request.

Those levels are levels drawn from the weekly in a certain way, if they are above price they suppose to act as resistance, when below they suppose act as support.
Wherever you go, there you are.
  • #838,030
  • Sep 25, 2013 6:12pm Sep 25, 2013 6:12pm
wall-mart is not showing the aud as bullish
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those who can, do. those who cant, talk about those who can
  • #838,031
  • Sep 25, 2013 6:23pm Sep 25, 2013 6:23pm
Guys, the whole night we are ranging +/-50 pips .. exploit it
Skype: tlcodelearncircle
  • #838,032
  • Sep 25, 2013 6:48pm Sep 25, 2013 6:48pm
Quoting milam
{quote} sorry, I am not sure if I understand your request. Those levels are levels drawn from the weekly in a certain way, if they are above price they suppose to act as resistance, when below they suppose act as support.
Hey that's fine, no one has to publicly disclose how they arrive at certain levels. Whatever works right?
  • #838,033
  • Sep 25, 2013 7:03pm Sep 25, 2013 7:03pm
Quoting Ken A
{quote} Hey that's fine, no one has to publicly disclose how they arrive at certain levels. Whatever works right?
No, no one needs to publicly anything if they wish not. In my case I am not sure if they work, I am still testing them and would be out of place trying to teach something that I do not understand myself, also if I may say, things when are completely given, they are not fully appreciated.

My view is to give others only clues and if they carry the right determination and passion they will follow and work hard to get it combined with their own flavour whick is indispensable.

Hope it help a bit.
Wherever you go, there you are.
  • #838,034
  • Sep 25, 2013 7:12pm Sep 25, 2013 7:12pm
Quoting milam
{quote} No, no one needs to publicly anything if they wish not. In my case I am not sure if they work, I am still testing them and would be out of place trying to teach something that I do not understand myself, also if I may say, things when are completely given, they are not fully appreciated. My view is to give others only clues and if they carry the right determination and passion they will follow and work hard to get it combined with their own flavour whick is indispensable. Hope it help a bit.
OK it's too complicated. What I was asking is where you draw point A to B to arrive at the levels you publicly published. For example below from Gator's post easier to see what he was talking about. But never mind I am not asking someone to teach me or reveal their trade secret.

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  • #838,035
  • Sep 25, 2013 7:38pm Sep 25, 2013 7:38pm
Quoting gatorinla
{quote} still make or break time LT 80.39 is a big one and also 80.05 .. http://www.forexfactory.com/attachme...6&d=1379690012 {image}

still make or break.. usd bulls held off so far.. the low was 80.38... atm 80.39 is holding
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those who can, do. those who cant, talk about those who can
  • #838,036
  • Sep 25, 2013 7:40pm Sep 25, 2013 7:40pm
Quoting gatorinla
{quote} still make or break.. usd bulls held off so far..
Yen being dumped buy dollar and Eur
  • #838,037
  • Sep 25, 2013 7:46pm Sep 25, 2013 7:46pm
Quoting Magicmen
{quote} Lost wat?

cup
Mohan
  • #838,038
  • Sep 25, 2013 7:46pm Sep 25, 2013 7:46pm
Quoting Chicky
{quote} Thanks
I're welcome.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #838,039
  • Sep 25, 2013 8:00pm Sep 25, 2013 8:00pm

Quoting Ken A
{quote} Yen being dumped buy dollar and Eur

i dont know when, if nothing changes. its looking eu bullish... i still need a pullback to Long it. 3102 is still there. i just scalp until. the usd is near 80.56... that where usd bears may show up,,
those who can, do. those who cant, talk about those who can
  • #838,040
  • Sep 25, 2013 8:10pm Sep 25, 2013 8:10pm
Quoting gatorinla
{quote} i dont know when, if nothing changes. its looking eu bullish... i still need a pullback to Long it. 3102 is still there. i just scalp until. the usd is near 80.56... that where usd bears may show up,,
If JPY is the main mover (Corporate Tax Cut) - Dollar Index or Dollar Bull should be neutralized by all the currencies in the basket as all XXX/JPY crosses are being bought so far.

Probably Crude also will see a turning point from here.
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