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  • #850,621
  • Nov 5, 2013 8:32pm Nov 5, 2013 8:32pm
Quoting enterfx
{quote} That means you are one h... of a trader if you can trade that chart.......... I read your other posts. of course I do intraday and EW analyses. (also on M1) Next major move will likely be to the upside, after a new low. Looking to buy @ 3390/3420 area. TP will depend on the structure of the move.


I like you!

I really have no idea if you are right or wrong, it's just that you have said more with one sentence than have with your previous chart posted.

Do we need a new low? How Low?

How many of the 3 major trade sessions have even seen this monthly low?

Where do we go? I only have an idea, and it does conform with the basics of trading...stick with the trend. My trend just happens to fall on an M1 chart.

Kinda like a one night stand, I don't even have to remember her name in the morning!



Keep on, Keeping on!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #850,622
  • Nov 5, 2013 8:38pm Nov 5, 2013 8:38pm
Looks like there is movement in the long direction. That means I should wake up with a profit.
  • #850,623
  • Nov 5, 2013 8:40pm Nov 5, 2013 8:40pm
Quoting Magix
{quote} This may come off as a little sharpish, and you may even feel the need to defend yourself... Don't bother. What I think you should do, is bookmark this post. If you are around in a couple years, read it again. Then, when somebody else comes up with something as stupid, you pass along this same piece of advice.
I don't see what he said to deserve a response quite that harsh.
  • #850,624
  • Nov 5, 2013 8:40pm Nov 5, 2013 8:40pm
let me tell you eur usd is messy, too much shorts unloaded, short pressure is too high so correction ain't happening, my guess is that after this consolidation and order stacking we will see some good moves, probably this thursday the move will be triggered by news time.

today was only a scalp day, 10-20 pips up and same down between zones..... problem is everybody thinks this if it goes up it s just a correction.... and probably it is but forex never ceases to amaze me, trust me on this one just trade what you see
  • #850,625
  • Nov 5, 2013 8:49pm Nov 5, 2013 8:49pm
Quoting Magix
{quote} I like you! I really have no idea if you are right or wrong, it's just that you have said more with one sentence than have with your previous chart posted. Do we need a new low? How Low? How many of the 3 major trade sessions have even seen this monthly low? Where do we go? I only have an idea, and it does conform with the basics of trading...stick with the trend. My trend just happens to fall on an M1 chart. Kinda like a one night stand, I don't even have to remember her name in the morning! Keep on, Keeping on!

Based on EW analyzes we should have a new low, but we never know, do we?

post7071747

Cheers

Is that an EA you displayed results for? Impressive profitfactor if its consistent
  • #850,626
  • Nov 5, 2013 8:56pm Nov 5, 2013 8:56pm
gah cmon 1 more slight push. missed TP by .2 pip on gu... hate when that happens...
As the lights go by so too do the shadows move
  • #850,627
  • Nov 5, 2013 8:58pm Nov 5, 2013 8:58pm
looks asia trying to take out cable's 76/86
Mohan
  • #850,628
  • Nov 5, 2013 9:02pm Nov 5, 2013 9:02pm
Hello does anybody know what just happened to EUR/USD???
  • #850,629
  • Nov 5, 2013 9:03pm Nov 5, 2013 9:03pm
Quoting mohan76
looks asia trying to take out cable's 76/86
no , the coming gu news seems to be very good and someone who got his bag full of $$$ bought it in advance by 6 hours . that's it. no mistake
Get Rich or Die Tryin
  • #850,630
  • Nov 5, 2013 9:07pm Nov 5, 2013 9:07pm
waiting to see the backlash of this bo. could be serious turn down from here.
(1000+ ticks per candle)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 2.jpg Size: 207 KB
As the lights go by so too do the shadows move
  • #850,631
  • Nov 5, 2013 9:08pm Nov 5, 2013 9:08pm
Quoting Ck87
Downtrend resumes. We're going to 1.32 or lower. Any retraces should be good selling opportunities IMO. Seems a lot of shorts have covered and now are going long. The rally happened when people were overly short. Things have changed. We'll see....

Covered most of mine....(from 1.38) ...looks like we will get a bounce bfr the shtf again..keep in mind


EUR Interest Rate Decision thursday

and USD Nonfarm Payrolls friday

and the Roller coaster will be back in action...

now about going going to 1.32 or lower..i have no doubt that it will go there cnr or ltr. my Q to U is: Hw much are U willing to risk..(bfr. it goes there) or are U already in?
  • #850,632
  • Nov 5, 2013 9:14pm Nov 5, 2013 9:14pm
Quoting Kanzler
{quote} I don't see what he said to deserve a response quite that harsh.

Oh...kay.......

Let's go this way then...

It was both thought provoking and inspiring. I am not quite sure if I personally could have picked a more enlightening manner for information as profound.

My hat is off to you, sir.

Please, continue on.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #850,633
  • Nov 5, 2013 9:16pm Nov 5, 2013 9:16pm
Quoting enterfx
Is that an EA you displayed results for?

Yup.

Mindnumbing what something with zero emotion and a laggy indicator can accomplish...

Still working out the kinks.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #850,634
  • Nov 5, 2013 9:18pm Nov 5, 2013 9:18pm
Quoting Magix
{quote} Oh...kay....... Let's go this way then... It was both thought provoking and inspiring. I am not quite sure if I personally could have picked a more enlightening manner for information as profound. My hat is off to you, sir. Please, continue on.
  • #850,635
  • Nov 5, 2013 9:19pm Nov 5, 2013 9:19pm
Quoting Magix
{quote} Oh...kay....... Let's go this way then... It was both thought provoking and inspiring. I am not quite sure if I personally could have picked a more enlightening manner for information as profound. My hat is off to you, sir. Please, continue on.

Hahahah, thank you. I should keep my mouth shut
  • #850,636
  • Nov 5, 2013 9:20pm Nov 5, 2013 9:20pm
EU going up a bit but it's not caused by Euro strength, it's $ weakness
New voice message: Why are you calling me? If I need you, I'll call you!
  • #850,637
  • Nov 5, 2013 9:24pm Nov 5, 2013 9:24pm
Quoting Ck87
{quote} Hahahah, thank you. I should keep my mouth shut

No.

You Shouldn't!

Please, do not take that as an action.

You've been here for a year now, where will you be in a year from now?

Still on the receiving end? Or will you be lending what you have learned to others?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #850,638
  • Nov 5, 2013 9:25pm Nov 5, 2013 9:25pm
Quoting Kanzler
{quote}
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #850,639
  • Nov 5, 2013 9:28pm Nov 5, 2013 9:28pm
Quoting Magix
And, if you want to work with indicators...get to know their relation and how they work instead of forecasting their turns. Every Mechanic, Dentist, Doctor, Technical Analyst should know the tools of their trade before they use them. Here is an example of stochs trading the M1 time frame on the week, GU, EU, AU, EJ, UJ. (EA) {image}

http://etfhq.com/blog/2013/04/06/stochastic-oscillator/

http://etfhq.com/blog/2013/04/12/sto...-test-results/
  • #850,640
  • Nov 5, 2013 9:34pm Nov 5, 2013 9:34pm
if we break above 3505 it will be the 2nd major tl broken on my charts and could see that reversal I've been chasing for last few days.

Edit tl @1.3509
As the lights go by so too do the shadows move
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