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  • #855,861
  • Nov 24, 2013 11:03am Nov 24, 2013 11:03am
Quoting Magix
{quote} 2nd retest of the Fibo 50... Flag??? {image}
Here it is...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #855,862
  • Nov 24, 2013 11:05am Nov 24, 2013 11:05am
Quoting Magix
{quote} Ouch.... Coming into Year End, the last thing I am willing to do is try out a new pair of underwear. A clean pair...sure... A new pair...not so much!
oh did i mention the others before Friday? this includes Friday
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those who can, do. those who cant, talk about those who can
  • #855,863
  • Nov 24, 2013 11:11am Nov 24, 2013 11:11am
Quoting gatorinla
the ma's are probably turning bullish.. along with the oscillators using them. that's not a cut and dry reason. i even have symmetrical valid 40xx and 4146 targets. 3103 is still norm even with them. {image}

that lines, i just draw it about 6 hours ago.
talking about trendline.
whats your experience about line gator?
in some manual, i read that a line that more flat (near 0 degree) will have more stronger effect than nearly 45 degree? is it true?
and what about a broken trendline? is it usually still working most of the time?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #855,864
  • Nov 24, 2013 11:12am Nov 24, 2013 11:12am
Quoting Magix
{quote} 2nd retest of the Fibo 50... Flag??? {image}
Y, can be kind of a bearish flag correction within bullish cycle. Thats exactly what am looking at. This latest upmove was imo caused by the simple fact of denial of those neg rates, which were heavy market mover during second stage of correction down from 1,357 to 1,344. So imo now these highs could get retested. Gimme an hour, I will try to use power of MS paint to show you cycle am looking at .
"I know one thing, that I know nothing." Sokrates
  • #855,865
  • Nov 24, 2013 11:14am Nov 24, 2013 11:14am
Now I know MS paint analysis sucks, but this is the bearish flag within bullish cycle. To draw whole cycle will take some time, as I would like to include lots of numbers .
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"I know one thing, that I know nothing." Sokrates
  • #855,866
  • Nov 24, 2013 11:18am Nov 24, 2013 11:18am
Quoting ud1nh0
{quote} that lines, i just draw it about 6 hours ago. talking about trendline. whats your experience about line gator? in some manual, i read that a line that more flat (near 0 degree) will have more stronger effect than nearly 45 degree? is it true? and what about a broken trendline? is it usually still working most of the time?
i dont trade tl. they are there in that post to show a possible bear wedge that correlates with the 3587 area. we will not know till pa reacts there if we get there. 3560 in the st has other places tied to a LH.. we will just have to see what is going to happen.. i still scalp both ways. and also still hold some shorts..
those who can, do. those who cant, talk about those who can
  • #855,867
  • Nov 24, 2013 11:21am Nov 24, 2013 11:21am
Quoting Tom_D_Trader
Now I know MS paint analysis sucks, but this is the bearish flag within bullish cycle. To draw whole cycle will take some time, as I would like to include lots of numbers . {image}
i thought u said flat a while ago before the jump from 1.3578.
how come it become flag?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #855,868
  • Nov 24, 2013 11:27am Nov 24, 2013 11:27am
Quoting gatorinla
{quote} Friday sucked for me.. trying a new aggressive style. -5.9% on that account
The best fix for a loss is to reduce aggression.
  • #855,869
  • Nov 24, 2013 11:31am Nov 24, 2013 11:31am
Quoting ud1nh0
{quote} i thought u said flat a while ago before the jump from 1.3578. how come it become flag?

micro st bulls want 3560.. slightly longer ones want 3594... the 3594 ones usually go to 3386 before 3594.. at 3560/77 (w/o 3578) it may allow weakening. we will not go higher w/o 3578, and if we dont, 3220 has a setup, if then the next move is below 3397.. 3386 is below 3397
those who can, do. those who cant, talk about those who can
  • #855,870
  • Nov 24, 2013 11:33am Nov 24, 2013 11:33am
Helo guys,can someone explain me how can exist the eur/usd chart al the way back to 1991, when te Euro as a curency is created in 2000 or 2001, i dont get it.
  • #855,871
  • Nov 24, 2013 11:34am Nov 24, 2013 11:34am
Quoting BeginnerJoe
{quote} The best fix for a loss is to reduce aggression.

why? up 42% on that account
those who can, do. those who cant, talk about those who can
  • #855,872
  • Nov 24, 2013 11:34am Nov 24, 2013 11:34am
Euro showing strong bullish signs. 1.4 is underway..
69
  • #855,873
  • Nov 24, 2013 11:35am Nov 24, 2013 11:35am
Quoting Tibi991
Helo guys,can someone explain me how can exist the eur/usd chart al the way back to 1991, when te Euro as a curency is created in 2000 or 2001, i dont get it.
back calculated on the ccy's that existed before the introduction of the EURO. (i.e. deutsche mark, italian lira and their values weighted correctly etc etc)

Charts can go back much, much further.
  • #855,874
  • Nov 24, 2013 11:35am Nov 24, 2013 11:35am
A bit of BS from me as well

Weekly: the handle of the cup, the broken bullish trend line may have something to say.
4 hour: the cup, not handle yet.
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Wherever you go, there you are.
  • #855,875
  • Nov 24, 2013 11:35am Nov 24, 2013 11:35am
Quoting Tibi991
Helo guys,can someone explain me how can exist the eur/usd chart al the way back to 1991, when te Euro as a curency is created in 2000 or 2001, i dont get it.

it was used before between banks.
those who can, do. those who cant, talk about those who can
  • #855,876
  • Nov 24, 2013 11:37am Nov 24, 2013 11:37am
Quoting gatorinla
{quote} Friday sucked for me.. trying a new aggressive style. -5.9% on that account
Over confidence?
Wherever you go, there you are.
  • #855,877
  • Nov 24, 2013 11:38am Nov 24, 2013 11:38am
Quoting gatorinla
{quote} it was used before between banks.
this was only the case after 1999, not until 1991. ERM accounts for some until 1992
  • #855,878
  • Nov 24, 2013 11:38am Nov 24, 2013 11:38am
Quoting milam
A bit of BS from me as well Weekly: the handle of the cup, the broken bullish trend line may have something to say. 4 hour: the cup, not handle yet. {image} {image}

cup and handle have a round base.. a flat base is not a cup and handle
those who can, do. those who cant, talk about those who can
  • #855,879
  • Nov 24, 2013 11:40am Nov 24, 2013 11:40am
Quoting milam
{quote} Over confidence?

not really. doing the same trade over and over.
those who can, do. those who cant, talk about those who can
  • #855,880
  • Nov 24, 2013 11:41am Nov 24, 2013 11:41am
My prediction for EUR/USD is bearish
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