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  • #850,421
  • Nov 5, 2013 7:33am Nov 5, 2013 7:33am
Quoting rattyo
{quote} I do the exact opposite scalptastic big stop 20-30 points 5 target at support and resistances Prices are nirmally taken through to stop retailers out the market

So far my strategy works and I am profitable.

I don`t have so much patience to wait that long I admire people who can hold their positions long term.
  • #850,422
  • Nov 5, 2013 7:35am Nov 5, 2013 7:35am
Quoting Scalptastic
{quote} So far my strategy works and I am profitable. I don`t have so much patience to wait that long I admire people who can hold their positions long term.
I may sound bold, but you should turn your admiration into the desire to acquire that habit, otherwise it will remain admiration with the only thing to admire being that others are still able to trade
  • #850,423
  • Nov 5, 2013 7:36am Nov 5, 2013 7:36am
Quoting madaneeraj
After yesterday's low (1.3440) due to fake out and taking out Stops in both direction PA is again going to test 1.3480/70 levels before moving towards upward correction. I perceive a high of 1.3587 from where it will continue its downward movement but 1.3480/70 levels first.
sounds like
Quoting weathercheck
Expect EUR/USD to bounce upward now towards close close tonight near 13580
  • #850,424
  • Nov 5, 2013 7:39am Nov 5, 2013 7:39am
That G/U is requiring patience...
Attached Image
  • #850,425
  • Nov 5, 2013 7:39am Nov 5, 2013 7:39am
1.3475
bulls buy some here. bo traders sell
  • #850,426
  • Nov 5, 2013 7:39am Nov 5, 2013 7:39am
Quoting madaneeraj
After yesterday's low (1.3440) due to fake out and taking out Stops in both direction PA is again going to test 1.3480/70 levels before moving towards upward correction. I perceive a high of 1.3587 from where it will continue its downward movement but 1.3480/70 levels first.

good stuff bro, nearly 1.3470 !
  • #850,427
  • Nov 5, 2013 7:39am Nov 5, 2013 7:39am
Quoting Mr Hatch
{quote} I may sound bold, but you should turn your admiration into the desire to acquire that habit, otherwise it will remain admiration with the only thing to admire being that others are still able to trade
why should he, perfectly alright to be a dedicated st player
Don't be a hero. Don't have an ego. Always question yourself
  • #850,428
  • Nov 5, 2013 7:44am Nov 5, 2013 7:44am
Attached Image (click to enlarge)
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  • #850,429
  • Nov 5, 2013 7:44am Nov 5, 2013 7:44am
Quoting okanemici
{quote} What for to see how rich I'm getting ? What do you suggest ?
See what I mean now?
Build good relationships with others.
  • #850,430
  • Nov 5, 2013 7:45am Nov 5, 2013 7:45am
By the way, best short now (4-6 weeks time frame) is GBP/JPY.
Build good relationships with others.
  • #850,431
  • Edited 7:59am Nov 5, 2013 7:46am | Edited 7:59am
Well I have a minor break here and targetting 1,3385.

edit: Minor, its just m15 break, need h1 confirm.
diet: H1 breaks as well... and UJ 98,2 - 98,4 S seems to be holding.
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"I know one thing, that I know nothing." Sokrates
  • #850,432
  • Nov 5, 2013 7:47am Nov 5, 2013 7:47am
Updated wavecount indicates a 4th wave triangle and new low before a larger correction


Attached Image (click to enlarge)
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  • #850,433
  • Nov 5, 2013 7:53am Nov 5, 2013 7:53am
Quoting okanemici
{quote} As you see it is not going below 1307, weekly candle looks like a big reversal but if they want to mark this down what are they waiting for, to put more people on shorts and make them profit ? What if they put people on shorts with the nice weekly candle and mark this up suddenly like they did in gbpusd audusd and audyen today as I stated ? {image} {image}

look at the calender, when is the demand for gold the highest. and no, its not December when people go to the retail establishments to buy trinkets made of gold. they make those gold trinkets before Dec. in the peak of the Asian wedding season.. kinda like now when those trinkets were already made. so if all the crap is already being made or already made. where is the demand? we had a spike in the demand of manufacturing zone (where 1362 bounce was posted in the middle of a strong bear move by me).. where is it atm... where is the trend? i dont know where its going.. i do have lots of lower targets,,
those who can, do. those who cant, talk about those who can
  • #850,434
  • Nov 5, 2013 7:55am Nov 5, 2013 7:55am
Mario Draghi: Europe is gradually recovering from crisis
  • #850,435
  • Nov 5, 2013 7:56am Nov 5, 2013 7:56am
Quoting Mr Hatch
That G/U is requiring patience... {image}

e is indicted to be the better s.. according to the eg
those who can, do. those who cant, talk about those who can
  • #850,436
  • Nov 5, 2013 8:03am Nov 5, 2013 8:03am
Quoting gatorinla
{quote} this one hit. we do have a 3457 setup . larger 3430 is a LM (3103.5/4146.9) bears need to close below 3430. we will still probably bounce after, no trajectory yet on it..

atm 3460 is the low.. this pair many times likes 2 humps.. that's why 3507 gets a bounce many times before 57, and why so many get a wtf.. s/o so close to targets.
like this current drop from near 40xx and 4146...
those who can, do. those who cant, talk about those who can
  • #850,437
  • Nov 5, 2013 8:04am Nov 5, 2013 8:04am
Quoting gatorinla
{quote} e is indicted to be the better s.. according to the eg
For the eg, I have 0.81894, with 0.83089 && 0.82263 in the way.
  • #850,438
  • Nov 5, 2013 8:06am Nov 5, 2013 8:06am
Can we remove the word correction from the trading methodology ? If i hear someone saying this word in a sentence one more time, i will throw up ...
"It's the Margin, Stupid."
  • #850,439
  • Nov 5, 2013 8:06am Nov 5, 2013 8:06am
Quoting gatorinla
. they make those gold trinkets before Dec. in the peak of the Asian wedding season.
Yup, and btw, while talking bout it, like 60% of demand for Gold comes from Jewelery sector and Like 25 - 30% of demand of Jewelry sector comes from India. Wonder when. Map is from WGC.
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"I know one thing, that I know nothing." Sokrates
  • #850,440
  • Nov 5, 2013 8:08am Nov 5, 2013 8:08am
Quoting Vachus
Can we remove the word correction from the trading methodology ? If i hear someone saying this word in a sentence one more time, i will throw up ...
Correction - vomit..

regards
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