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  • #843,241
  • Oct 13, 2013 11:16am Oct 13, 2013 11:16am
Quoting majorusa
Let me give you a clearer picture.:nerd: {image}
You call this a clear picture?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #843,242
  • Oct 13, 2013 11:19am Oct 13, 2013 11:19am
Quoting majorusa
Let me give you a clearer picture.:nerd: {image}
If I were you, I would put a few more indicators on this chart
New voice message: Why are you calling me? If I need you, I'll call you!
  • #843,243
  • Oct 13, 2013 11:23am Oct 13, 2013 11:23am
Quoting Kanzler
{quote} Have you noticed that he doesn't use a stop loss and that his trades will always win given enough time and deep enough pockets? Risking dollars for pennies isn't a good deal. But if you like that strategy, feel free to suit yourself, I'm just dropping hints for those who actually want to have a profit at the end of the year.
never said im fond with the startegy as honestly i have no clue what all indicator are pointing to LOL, i'm just saying his trades has been successful.

Honestly i never checked his SL strategy but hey, each trader has his own style in trading and if this is suiting him and making him profitable, let it be

for my trades i always choose my trades carefuly keeping the RR in mind, but thats only me
  • #843,244
  • Oct 13, 2013 11:26am Oct 13, 2013 11:26am
Attached Image (click to enlarge)
Click to Enlarge Name: euro031113.png Size: 224 KB
twitter: @gettoefl
  • #843,245
  • Oct 13, 2013 11:26am Oct 13, 2013 11:26am
Quoting GDR3k
{quote} By having a buy or sell order just above or below the opening price of the candle at the start of the moves.
Attached Image
I mean how to tell the seller at X did not close their position at Y becoming a buyer then as seller at 1.364x for example? How can you tell?
  • #843,246
  • Oct 13, 2013 11:34am Oct 13, 2013 11:34am
Quoting KillerWhale
{quote} If I were you, I would put a few more indicators on this chart
You are right. On a second look I see that the Bulls are missing and Donchian channel is not painting. Thank you for opening my eyes man!
If you're not part of the solution then you're part of the problem.
  • #843,247
  • Oct 13, 2013 11:41am Oct 13, 2013 11:41am
Quoting KillerWhale
{quote} If I were you, I would put a few more indicators on this chart
for reals, why bears index and no bulls? maybe add a few more ichimoku clouds and zig zags... never enough zig zags.
  • #843,248
  • Oct 13, 2013 11:44am Oct 13, 2013 11:44am
Quoting Ken A
{quote} I mean how to tell the seller at X did not close their position at Y becoming a buyer then as seller at 1.364x for example? How can you tell? {image}
Y was the next level or area further down which remained untested since price moved away from it (not to mention it almost lines up perfectly with the 50% fib level from the 2750 area upto the 3450 area), the next logical target to aim for (for me) would of been the 3375 area which was the start of that downmove to just above 1.31.

An important thing to notice is exactly where price hits and reverses, it is almost always the opening price of the candle, this allows for very accurate entrys.
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  • #843,249
  • Edited 12:10pm Oct 13, 2013 11:49am | Edited 12:10pm
Quoting GDR3k
{quote} Y was the next level or area further down which remained untested since price moved away from it (not to mention it almost lines up perfectly with the 50% fib level from the 2750 area upto the 3450 area, the next logical target to aim for (for me) would of been the 3375 area which was the start of that downmove to just above 1.31.
Quoting GDR3k
{quote} Account statement I'd say, I've seen a lot of 10+ vouchers on here who really don't have a clue.


Right. I also don't know.
  • #843,250
  • Oct 13, 2013 11:50am Oct 13, 2013 11:50am
Quoting notoriouskfb
{quote} for reals, why bears index and no bulls? maybe add a few more ichimoku clouds and zig zags... never enough zig zags.
And he's using the standard version of MACD on mt4. which is completely worthless
New voice message: Why are you calling me? If I need you, I'll call you!
  • #843,251
  • Oct 13, 2013 11:51am Oct 13, 2013 11:51am
Quoting gettoefl
{image}
and?
  • #843,252
  • Oct 13, 2013 11:54am Oct 13, 2013 11:54am
Wait For An Earthquake So You Can Have Some Real

http://intradayfun.com/wp-content/up...wer-girl-2.jpg
  • #843,253
  • Oct 13, 2013 12:00pm Oct 13, 2013 12:00pm
I improved it!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdmh1clear v2.png Size: 159 KB
If you're not part of the solution then you're part of the problem.
  • #843,254
  • Oct 13, 2013 12:10pm Oct 13, 2013 12:10pm
Quoting majorusa
I improved it! {image}
i see this
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  • #843,255
  • Oct 13, 2013 12:14pm Oct 13, 2013 12:14pm
well who is buying SILVER , GOLD and COPPER ?

http://intradayfun.com/wp-content/up...and-Copper.jpg
  • #843,256
  • Oct 13, 2013 12:17pm Oct 13, 2013 12:17pm
Quoting cobracoder
well who is buying SILVER , GOLD and COPPER ? {image}
i go for copper
  • #843,257
  • Edited 12:41pm Oct 13, 2013 12:25pm | Edited 12:41pm
Quoting majorusa
I improved it! {image}

If it works for you then please add more lagging indicators....

Fact is Market Makers who move the price base their trading decisions 40% on fundamentals 16% Technicals rest momentum.
Key Moving Average 200 and simple concept of Support and Resistance and price channels.
Adding 100 lagging indicators only creates more conflicting signals resulting paralyses.

One of the best traders ever Jesse Livermore just read the levels of price if I am not mistaken coined the phrase pivots on price.
With more experience gradually traders shed indicators until chart becomes uncluttered and clear.This process takes time.

Reading again 2nd time after a year " Reminiscences of a Stock Operator" and I find gold nuggets in the book.Staff that I did not catch 1st time.
I recommend every trader to read this book more then once.
Trader who took 25k to 112k in 3 weeks and did this on many occasions.He also made serious errors losing millions and winning millions 4 times eventually succumbing to depression and suicide.Many lessons here to learn.
One of his total account blow up was following another Trader's advise trading cotton which he was bearish and after listening to this respected traders "scientific" predictions of going long he switched from short to long and kept adding to losing position until he busted millions.
Lesson learned Stick to your Trading Plan!
In trading, you have to be defensive and aggressive at the same time
  • #843,258
  • Oct 13, 2013 12:35pm Oct 13, 2013 12:35pm
Quoting Kanzler
{quote} That's not hard to do when you don't use a stop loss. You can hold your losers as long as you want and 5 years down the road it becomes another "winner". If that's what makes a guru, anybody can be one. And I'm not trolling - I have a serious problem with the way you present trading to newbies. All of it's junk and you're going to lead them down the path to financial ruin. I'm profitable and I know other profitable traders who do this for a living. We're profitable because we know where the market is likely to turn and have a risk...
When you have confidence in your chart readings, SL's are not required.

I take it you still use them.......................
The More You Learn, The More You Earn.....
  • #843,259
  • Oct 13, 2013 12:36pm Oct 13, 2013 12:36pm
Quoting fxmasterdxb
{quote} i see this {image}
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #843,260
  • Oct 13, 2013 12:42pm Oct 13, 2013 12:42pm
Quoting cobracoder
Dont drink and fly ! {image}
Inserted Video
ignore wackos and psychos, including myself. But I can't add myself to iggy
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