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Help Me Establish The GbpUsd After Dinner Club 40 replies

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  • #11,021
  • Nov 2, 2013 7:58pm Nov 2, 2013 7:58pm
Quoting drzakir123
i am trying to look deep inside me ,what did I see? nothing just darkness.wise people says one should work via negativa ie one should focus on the wrong things one should not do.
Good post.

Looking inside is a step forward, negativity needs to be viewed as existence, as part of life. There is not day without the night, there is not good without the bad.
Yes, viewed but not agonise so much on it, best to invest more in positivity, the mind needs peace and sits better and well over there.
Wherever you go, there you are.
  • #11,022
  • Nov 2, 2013 10:58pm Nov 2, 2013 10:58pm
Quoting infinitus
Big picture EU weekly TF with my main count {image}

even bigger picture
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  • #11,023
  • Nov 2, 2013 10:59pm Nov 2, 2013 10:59pm
EURYEN

daily EW
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  • #11,024
  • Nov 2, 2013 11:00pm Nov 2, 2013 11:00pm
EURUSD

short term EW

hourly and 4h chart
Attached Image(s) (click to enlarge)
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  • #11,025
  • Nov 2, 2013 11:04pm Nov 2, 2013 11:04pm
Quoting RamsesII
gold count and history of the count, unsure as to what level of high this is.. will let it play out before picking a side {image} {image} {image} {image}

nice counts, very good

basically same idea here at the moment
  • #11,026
  • Nov 2, 2013 11:08pm Nov 2, 2013 11:08pm
Quoting drzakir123
i am trying to look deep inside me ,what did I see? nothing just darkness.wise people says one should work via negativa ie one should focus on the wrong things one should not do.

I have worked for a couple of big American companies. They have a culture of positive thinking and such like. Only focusing on positivity.

I do think that is a fault.

When you do not think about negativity, you will be surprised when shit hits the fan.


As with all: Yin and Yang
  • #11,027
  • Nov 2, 2013 11:51pm Nov 2, 2013 11:51pm
my daily
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Wherever you go, there you are.
  • #11,028
  • Nov 3, 2013 6:05am Nov 3, 2013 6:05am
S/R-Levels

On the left side of the spreadsheet there you can see the Levels, where Volume peaked in my Market Profiles (all lookback periods set to 32).

The threshold for the peaks is defined as Volume, which exceeds the 2,5 SD of the mean of volume. In this way we get the heavy S/R.

In the middle you see the market profile charts (unfiltered, of course)


At the right side of the spreadsheet I have manually written down the S/R-levels I have found by visually inspecting the price-charts.

We can see, that the 3472 is now a very important level. A break below will likely produce a drop below 3390

Even when I set the Threshold to only 1.5 SD, I do simply not find support between 3472 and 3380


With Threshold set to 1 SD I find 3457 and 3417 as well as 3398 (all very weak support out of Market Profile perspective)
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  • #11,029
  • Nov 3, 2013 9:08am Nov 3, 2013 9:08am
@Infinitus i agree, 3470 is important one, if it breaks more fall should come. In any case i am leaning much more towards retracement up here, for at least 20 pips. Demand zone is fresh and strong and it should provide bounce. I will use 10-15 pips SL and long on 3470, hopefully currently formed demand 10 pips above gets taken out by gap becouse it would take more power on upside starting from 3470 with fresh trades.

http://prntscr.com/21no4s


Google, supply zone was formed, plus there should be some more profit taking and price should return to 1k:
http://prntscr.com/21nn71
  • #11,030
  • Edited 11:04am Nov 3, 2013 10:31am | Edited 11:04am
AU
http://prntscr.com/21oa0s

Entry area.
http://prntscr.com/21obol


CJ
http://prntscr.com/21ofok

Entry area.
http://prntscr.com/21ogp4


UC (either pullbacks or possible reversals for more downside on daily charts)
http://prntscr.com/21ojbt


US index possible reversals
http://prntscr.com/21ohho
  • #11,031
  • Nov 3, 2013 10:45am Nov 3, 2013 10:45am
Quote
China’s central bank has been buying fistfuls of euros as it accumulates a world record $3.7 trillion in foreign reserves, and its motives are not entirely friendly. So have the central banks of Russia, Brazil, and the Mid-East oil sheikdoms, all aiming to cut reliance on the US dollar, part of a $9 trillion build-up in reserves that has flooded into the euro with tidal force

Hm maybe end of USD as reserve currency in next 5-10 years? Petrodollar is somehow still in perspective (Syria defenetly showed that), but i wonder what is the second plan of "game creators". I certainly cannot see gold backed dollar, so what is it then.
  • #11,032
  • Nov 3, 2013 1:23pm Nov 3, 2013 1:23pm
Quoting janpec1000
{quote} Hm maybe end of USD as reserve currency in next 5-10 years? Petrodollar is somehow still in perspective (Syria defenetly showed that), but i wonder what is the second plan of \"game creators\". I certainly cannot see gold backed dollar, so what is it then.
From an Elliottican view/sentiment perspective, central banks are rarely doing the right thing to the right time. They are too part of crowd behavior, and have showed over and over, that they are often the last to act. Look for example at the Bank of England a few years ago buying Gold at the top, and more importantly, selling it again at the very bottom.


With all the doom-sayers for the USD, it may proof to be a good time to buy it with both hands (eventually LOL). But we play it step by step.
  • #11,033
  • Nov 3, 2013 1:23pm Nov 3, 2013 1:23pm
Quoting janpec1000
AU http://prntscr.com/21oa0s Entry area. http://prntscr.com/21obol CJ http://prntscr.com/21ofok Entry area. http://prntscr.com/21ogp4 UC (either pullbacks or possible reversals for more downside on daily charts) http://prntscr.com/21ojbt US index possible reversals http://prntscr.com/21ohho

nice analyses
  • #11,034
  • Nov 3, 2013 1:25pm Nov 3, 2013 1:25pm
BTW: Good evening everybody


Hope you all had a nice weekend. Wish you all many green pips
  • #11,035
  • Nov 3, 2013 2:02pm Nov 3, 2013 2:02pm
Quoting infinitus
BTW: Good evening everybody Hope you all had a nice weekend. Wish you all many green pips
so here it is ,i am long here in the area of 1.3480 and plan is buy more if price go down further all the way to 1.3380,so my buying binge will start at 1.3440-20 area.let see how it goes.by the way most of the trading is by my feeling for the price movement and i try not to extend my leverage to 1:3 and max is about 1:5 by the time i am fully into the position.
Allah has permitted trade and has forbidden interest [koran]
  • #11,036
  • Nov 3, 2013 2:57pm Nov 3, 2013 2:57pm
Quoting infinitus
{quote} I have worked for a couple of big American companies. They have a culture of positive thinking and such like. Only focusing on positivity. I do think that is a fault. When you do not think about negativity, you will be surprised when shit hits the fan. As with all: Yin and Yang
hey milam,PT,and infinitus btw i am not talking about positive or negative mental attitude rather what i am saying is when i look at the price and pattern ones focus should be on what one not going to do than what one going to do.below few examples
a, I am going to be rich involving in the market....this via positiva activity.
b, I am going to be rich by not blowing my account. this is via negativa activity
c,i will be rich using full leverage ...via positiva activity
d,i will keep my leverage very low to become rich... via negativa activity
So the idea is if one focus is on what not to do then one will be very robust to any kind of risk,in effect one will be ready for all the things market through at you and one will be better able to exploit all the opportunities which comes their way.thank you
Allah has permitted trade and has forbidden interest [koran]
  • #11,037
  • Nov 3, 2013 3:02pm Nov 3, 2013 3:02pm
Quoting drzakir123
{quote} hey milam,PT,and infinitus btw i am not talking about positive or negative mental attitude rather what i am saying is when i look at the price and pattern ones focus should be on what one not going to do than what one going to do.below few examples a, I am going to be rich involving in the market....this via positiva activity. b, I am going to be rich by not blowing my account. this is via negativa activity c,i will be rich using full leverage ...via positiva activity d,i will keep my leverage very low to become rich... via negativa activity...
Okay then disregard what I said as a response to your original post, but take heed of it as good advice regardless
Those who say it cannot be done should not interrupt those who are doing it
  • #11,038
  • Nov 3, 2013 3:13pm Nov 3, 2013 3:13pm
Quoting PipTrapper
{quote} Okay then disregard what I said as a response to your original post, but take heed of it as good advice regardless
oh absolutely PT.
Allah has permitted trade and has forbidden interest [koran]
  • #11,039
  • Nov 3, 2013 3:29pm Nov 3, 2013 3:29pm
Quoting drzakir123
{quote} hey milam,PT,and infinitus btw i am not talking about positive or negative mental attitude rather what i am saying is when i look at the price and pattern ones focus should be on what one not going to do than what one going to do.below few examples a, I am going to be rich involving in the market....this via positiva activity. b, I am going to be rich by not blowing my account. this is via negativa activity c,i will be rich using full leverage ...via positiva activity d,i will keep my leverage very low to become rich... via negativa activity...
Wherever you go, there you are.
  • #11,040
  • Nov 3, 2013 3:38pm Nov 3, 2013 3:38pm
quote=drzakir123;7066927]{quote} hey milam,PT,and infinitus btw i am not talking about positive or negative mental attitude rather what i am saying is when i look at the price and pattern ones focus should be on what one not going to do than what one going to do.below few examples a, I am going to be rich involving in the market....this via positiva activity. b, I am going to be rich by not blowing my account. this is via negativa activity c,i will be rich using full leverage ...via positiva activity d,i will keep my leverage very low to become rich... via negativa activity So the idea is if one focus is on what not to do then one will be very robust to any kind of risk,in effect one will be ready for all the things market through at you and one will be better able to exploit all the opportunities which comes their way.thank you
Quote
hi,
I'm somehow with you in the sense that, before entering a trade, one should think first at reasons not to enter in it.
Per aspera ad astra
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