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  • #848,821
  • Oct 30, 2013 10:10pm Oct 30, 2013 10:10pm
Quoting ffleo
{quote} it is not going to be a nose dive. check the high of 2008, 2009, and 2011. It pingponged at the high for months.

if 3491 is a norm.. then the drop to 30xx/3102 may be very fast.
those who can, do. those who cant, talk about those who can
  • #848,822
  • Oct 30, 2013 10:10pm Oct 30, 2013 10:10pm
Quoting ffleo
{quote} it is not going to be a nose dive. check the high of 2008, 2009, and 2011. It pingponged at the high for months.




Past performance is not necessarily indicative of future performance....things were different in 2008 then in 2009 then in 2011 then it is currently.

Yes I look left on the chart.....but when I try to convince myself that "hey it did this back then...therefore it should do it now..." that is when I get in trouble.

The hardest thing for a trader is to keep and open and flexible mindset.

Peace...

Faller
I don't trust any move - when you have profit...take it.
  • #848,823
  • Oct 30, 2013 10:12pm Oct 30, 2013 10:12pm
Quoting Kanzler
{quote} If it breaks the rally origin I'm going to quite trading forever lol. Seriously I have a killer position and I expect it to pay me.
We are long on the year.

Of all logic any trader should stay with, is stick with the trend, until the end.

However..this being an H4 chart and nobody calling the ole head n shoulder pattern lately, we got some time.

If support holds, we know the possibilities. If it breaks, we know the supports.

Today is no different than any other day, time frame or pair.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #848,824
  • Oct 30, 2013 10:14pm Oct 30, 2013 10:14pm
Quoting Faller
{quote} Past performance is not necessarily indicative of future performance....things were different in 2008 then in 2009 then in 2011 then it is currently. Yes I look left on the chart.....but when I try to convince myself that \"hey it did this back then...therefore it should do it now...\" that is when I get in trouble. The hardest thing for a trader is to keep and open and flexible mindset. Peace... Faller
It is not to predict. It is to be prepared for things to happen that go agaisnt me so I have a plan to handle it. I have no long positions. I hold shorts on aussie, but I have a plan if it goes up against me, and I do not want to rule out that possibility
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #848,825
  • Oct 30, 2013 10:15pm Oct 30, 2013 10:15pm
Quoting Magix
{quote} We are long on the year. Of all logic any trader should stay with, is stick with the trend, until the end. However..this being an H4 chart and nobody calling the ole head n shoulder pattern lately, we got some time. If support holds, we know the possibilities. If it breaks, we know the supports. Today is no different than any other day, time frame or pair.
See, here's where I disagree. Trend is always about getting in late and buying after price is already high and selling after it's already low. You don't buy a new TV when the price is jacked up you buy it when it's on sale. I always trade countertrend.
  • #848,826
  • Oct 30, 2013 10:16pm Oct 30, 2013 10:16pm
Quoting Magix
{quote} Ditto that my brother. I have said before and will say again, that the ability of somebody to plot a line on a chart is as relevant to market as a monkey flinging a fist full of faeces. Of course, that being said... Supply and Demand still seems pretty relevant and I am a known sucker for el hidden gappo! {image} {image}
obviously you do not know how to use trendline. Otherwise you would not discount it.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #848,827
  • Oct 30, 2013 10:18pm Oct 30, 2013 10:18pm
And just who the Eff, been huckin the V's to this thread spamming bitch?


Shameful.

It's still to the point where he dominates half the posts in a page. And given his previous track record, I'd be willing to bet that he could still stand to consolidate all of his thoughts into a single fucking post.

Jeeeeeeeeeeez!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #848,828
  • Oct 30, 2013 10:19pm Oct 30, 2013 10:19pm
Quoting ffleo
{quote} obviously you do not know how to use trendline. Otherwise you would not discount it.
They don't tell you where to place your stoploss and they're violated frequently. As a result, the objective nature of such a tool has to be assessed. Once in a while you get lucky and it works out but that's a rarity. Just keep in mind that banks don't care about making modern art, they care about filling client orders.
  • #848,829
  • Oct 30, 2013 10:24pm Oct 30, 2013 10:24pm
Quoting chazzle
{quote} here is an indy on ProRealTime to show previous day OHLC - just make \"invisible\" the levels you don't want to see - and here is an alert to trigger at all crossing of previous day high, just set a 2nd for the low {image} {image}
Thank you,... but I am on mt4..
Wherever you go, there you are.
  • #848,830
  • Oct 30, 2013 10:25pm Oct 30, 2013 10:25pm
Quoting Magix
And just who the Eff, been huckin the V's to this thread spamming bitch? Shameful. It's still to the point where he dominates half the posts in a page. And given his previous track record, I'd be willing to bet that he could still stand to consolidate all of his thoughts into a single fucking post. Jeeeeeeeeeeez! {image}

Yeah, time will never change, won't it?

It was actually me vouching him, because I see value in his postings lately.

What is the thing with constantly starting fightings?
  • #848,831
  • Oct 30, 2013 10:26pm Oct 30, 2013 10:26pm
Maybe I shouldnt have deleted that post. Could stop sooner. Trendlines are quoted by broker. Thats it

edit 4 infinitus:
Quoting infinitus
What is the thing with constantly starting fightings?
Well, its kinda fun .

one more edit: Cant find this quote, but once was said: "Traders are rough, market merciless." Its actually helpfull.
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"I know one thing, that I know nothing." Sokrates
  • #848,832
  • Oct 30, 2013 10:26pm Oct 30, 2013 10:26pm
Quoting ffleo
{quote} obviously you do not know how to use trendline. Otherwise you would not discount it.
Boy, you are quick on showing the weakness in others.. could you change a bit.... please..
Wherever you go, there you are.
  • #848,833
  • Oct 30, 2013 10:26pm Oct 30, 2013 10:26pm
Quoting Magix
And just who the Eff, been huckin the V's to this thread spamming bitch? Shameful. It's still to the point where he dominates half the posts in a page. And given his previous track record, I'd be willing to bet that he could still stand to consolidate all of his thoughts into a single fucking post. Jeeeeeeeeeeez! {image}
hey Magix, how is your health going? Your mental status going ok?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #848,834
  • Oct 30, 2013 10:26pm Oct 30, 2013 10:26pm
Present views , bull still intact & strong with great test for usdx if breaks up & hold 80 or decide the old > towards 70 , keep very low profile in the great recession > back & hold !!
http://www.forexfactory.com/showthre...99#post7060799

a very bad season for trading due more uncertainty & less people here too !!

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #848,835
  • Oct 30, 2013 10:29pm Oct 30, 2013 10:29pm
Quoting chazzle
{quote} 711 not far away ... just sayin
I just want you to be aware of it, I know you have discard it due to the BO, but in my view that would give more fuel if it turns out to be.
Wherever you go, there you are.
  • #848,836
  • Oct 30, 2013 10:30pm Oct 30, 2013 10:30pm
Quoting Kanzler
{quote} They don't tell you where to place your stoploss and they're violated frequently. As a result, the objective nature of such a tool has to be assessed. Once in a while you get lucky and it works out but that's a rarity. Just keep in mind that banks don't care about making modern art, they care about filling client orders.
No one should use trendline solely. Trendlines should be combined with other tools. When you see trenedlines meet with a fib level as well as a S/R level, you have confluence, and you enter your trade.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #848,837
  • Oct 30, 2013 10:31pm Oct 30, 2013 10:31pm
Quoting Kanzler
{quote} They don't tell you where to place your stoploss and they're violated frequently. As a result, the objective nature of such a tool has to be assessed. Once in a while you get lucky and it works out but that's a rarity. Just keep in mind that banks don't care about making modern art, they care about filling client orders.



from what I know: trading is highly subjective business, at all

especially when countertrading, isn`t it?

Have trend- and chanel lines that worked for months and years. And when they stop working, so what? In the meantime you get an edge.



Hi Kanzler,

how are things going? All well?
  • #848,838
  • Oct 30, 2013 10:34pm Oct 30, 2013 10:34pm
Quoting Tom_D_Trader
Maybe I shouldnt have deleted that post. Could stop sooner. Trendlines are quoted by broker. Thats it edit 4 infinitus: {quote} Well, its kinda fun . one more edit: Cant find this quote, but once was said: \"Traders are rough, market merciless.\" Its actually helpfull. {image}



Ha, can remember some nice bar fights here I had too. They kept me awake late in the night
  • #848,839
  • Oct 30, 2013 10:34pm Oct 30, 2013 10:34pm
Quoting milam
{quote} Boy, you are quick on showing the weakness in others.. could you change a bit.... please..
sure, i will refrain from doing that.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #848,840
  • Oct 30, 2013 10:34pm Oct 30, 2013 10:34pm
Quoting infinitus
{quote} Yeah, time will never change, won't it? It was actually me vouching him, because I see value in his postings lately. What is the thing with constantly starting fightings?
Markus...

Keep doing as you been doing, brother. All good in my books.

I threw the dude on ignore a long while back, and even now, can't stand to see half my page filled with empty ignore posts.

Between him and Robert99, or Milam, or whoever that other wanker is, really kind of detracts from the others who'd just get lost in the shuffle and might have something worth reading.

No fights, I been working hard on keeping to my own...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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