EURUSD

oops I am not even looking at the charts,most of the time I am looking at my feeling and price and making a trade.

Not sure if this is any interest to you guys;

Nice site, thx. I like numbers

edit: Anyway, while sharing sites, am making kind of correlation mumbo jumbo and need loads of timeseries. And while searching, I came across this one, isnt it nice? Loads and loads of beautifull timeseries downloadable to *.xls, *.csv, ...

Thread dead, so, just a joke .

Cya later,

T

a currency pair has two currencies involved. no matter how much shit you guys and myself talk about fundies and techies, there should be a rhythm cycle for the currency pair, for the healthy development of the economy of two sides. When the currency pair goes extreme to one direction, it swings back faster to the other direction. A currency pair is not a stock, it cannot go one way extremely without a strong reaction.

A currency pair is a swing pendulum.

I miss reading Sisse's posts.

OMG 8 hrs no posts new record

It's amazing that even when this thread is quiet for hours, number of visitors remain more than most threads. I don't know what these people do all this time on this thread. I too remained logged on here once for hours without posting anything but that is because I was searching for a particular chart.

WTF you 56 are doing here?

we are still in the channel,

Since its 1:30 Sat night I'll post something hopefully interesting.

I read lot about philosophy and love thinking in general.I play chess everyday at chess.com and generally I am happiest finding new insights about life and human behavior.This is why trading is so fascinating because you can lie about your life,wife,money,kids but you can't lie about your account balance.
Trading strips away everything superficial about you to bare you with all glory.
This is when you find your true character no bullshits and no escape.
Coming back to philosophy.One in particular I am fascinated Rene Descartes-giant of a thinker...gulp a successful gambler.

Rene actively questioned everything specially majority point of view.
I'll post excerpts from Zurich Axioms

René Descartes was the world's champion doubter. He stubbornly refused to believe
anything until he had verified it for himself. This was one of the traits that made him
a successful gambler-speculator. He died more than 300 years ago, but any modern
speculator can profit greatly -- as well as spend a lot of enjoyable evenings -- by
reading the works of this engagingly ugly man with the staring black eyes, the nose
like a crescent moon, and the giant intellect.
Descartes began his philosophy by doubting literally everything, including the
existence of God, man, and himself. This enraged the religious authorities of his
native France, so he fled to the Netherlands. Continuing to reject what others told
him was true, he searched for ways of discovering truth through his own senses and
experience. He finally hit upon what he considered a basic and unarguable truth:
Cogito, ergo sum -- "I think, therefore I am." Having thus satisfied himself that he
wasn't just a phantom of his own dream, he went on to verify or reject other
postulated truths. In the process he made major contributions to mathematics and
built a philosophy which, for sheer lucidity of thought, hasn't been surpassed in
three centuries. (For my money, there haven't even been any close competitors.) And
also in the process, partly as a hobby and partly because he had a taste for costly
wines and other luxuries, Descartes made a scientific study of gambling.
There were only a few loosely organized stock and commodity exchanges in existence
in the first half of the seventeenth century. Descartes was fascinated by the big,

lively market at Amsterdam, but whether he took any fliers there, and how big those
fliers were, is not known. What is known is that he often traveled to Paris, sometimes
under an assumed identity to avoid arrest for heresy, and gambled.
Various card, board, and spinning-wheel games were available, ready to take suckers'
money. Descartes enjoyed games whose outcomes, like those of modern bridge or
poker, depended not only on luck but also on mathematical computation skepticism,
rejecting all the gambling clichés and folk wisdom of the time, insisting on
establishing truth or fallacy for himself. He seems always to have gone home from
Paris richer than he arrived, sometimes a lot richer. Though his only visible means of
support through most of his adult life was a small inheritance from his father, he
died comfortably well off.
The trick, he said over and over again in any number of contexts, is to disregard what
everybody tells you until you have thought it through for yourself. He doubted the
truths alleged by self-styled experts, and he refused even to accept majority
opinions. "Scarcely anything has been pronounced by one [learned person] the
contrary of which has not been asserted by another," he wrote. "And it would avail
nothing to count votes . . . for in the matter of a difficult question, it is more likely
that the truth should have been discovered by few than by many." It was with this
perhaps arrogant and certainly lonesome view of the world that René Descartes went
to the gaming tables of Paris and walked away rich. If you would succeed as a
speculator, you could do a lot worse than to listen to the words of this hard, clear eyed
man.

I got thinking how just few months ego Aussie dollar was 87 and just about everyone ,every expert,talking heads were predicting 84 and 80. Now its 900pips above....Same thing now almost everyone forecasts Euro 1.42 and above and Cable 1.65 and above....
I am inclined to fade the majority.

big rhythm,

small rhythm

This is Caravaggio work about St Thomas: "seeing is beleving"

I am huge fan of Caravaggio .Love his work however in context of Rene Descartes "seeing is not believing" example by naked eyes moon and sun look the same size but one is enormously bigger.
Regards

I am looking at 3690-70 zone as 1st down target.
Trying 5EMA and 13EMA cross on 4h see how this unfolds.

The meaning is different from what the words describes, seeing means personal experience.

What is that indicator on the peaks,like traffic lights,I had it but after reinstall Windows I lost it..and dont remember "name"?

... simply for the sake of fading the "majority" view? Or is there another reason?

I give your mine in the mean time: 61.8 retracement of the last leg down.

cheers, I didn't see that ... short biased or are you holding?

I am on the side line,not bias, on the 4h tf there a bearish divergece on the macd line, which as already crossed below the signal line, at this point I am looking for a further PB towards the recent high if the momentum is maitained. I do not think she will is go much down, I have support @ 3694, 51 and 10.