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EURUSD

  • #865,621
  • Dec 23, 2013 11:07pm Dec 23, 2013 11:07pm
12.07 EST: The show is about to begin. Just 5 more bold steps to the south. Keeping my fingers crossed.
The price will go where it has to go.
  • #865,622
  • Dec 23, 2013 11:19pm Dec 23, 2013 11:19pm
short GU 1.63494 risking 5 targeting 10…Please do not laugh..
Wherever you go, there you are.
  • #865,623
  • Dec 23, 2013 11:21pm Dec 23, 2013 11:21pm
Quoting geniusztc
No matter what advises others have,you have to have your opinion,your plan.your time frame,your reasons,and your risk. {image}
ON 1H TIME FRAME:After 11 hours,we can draw new trend line ,and new fib lines.However,move SL to 1.3690,I expect it can go to 1.3665,If i am lucky.
Attached Image (click to enlarge)
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A chart helps those who can read it.
  • #865,624
  • Dec 23, 2013 11:35pm Dec 23, 2013 11:35pm
Quoting attila
I know you don't want to hear this, 3675 might be the low of the day..
set the stop at 3676 after all.. I'll leave it running overnight if it goes anywhere.. if not I will only lose a couple of pips on this last long.. later.
  • #865,625
  • Dec 23, 2013 11:46pm Dec 23, 2013 11:46pm
Is there any artist here? I have a question regarding conart.
The Thief of Wall Street
  • #865,626
  • Dec 23, 2013 11:48pm Dec 23, 2013 11:48pm
Quoting geniusztc
{quote} ON 1H TIME FRAME:After 11 hours,we can draw new trend line ,and new fib lines.However,move SL to 1.3690,I expect it can go to 1.3665,If i am lucky. {image}

It is generally understood that proper TL is drawn from close candles not from wicks.Your entire analyses could be costly due to this simple error.
To see true price switch to line chart which is based on close price then switch back to candles.The view will be different.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #865,627
  • Dec 23, 2013 11:55pm Dec 23, 2013 11:55pm
Quoting Davit
{quote} It is generally understood that proper TL is drawn from close candles not from wicks.Your entire analyses could be costly due to this simple error. To see true price switch to line chart which is based on close candles then switch back to candles.The view will be different. Regards
There is no such thing as more PROPER XXX in technical analysis.The only thing you have is principle which you stick to.close or high/low,it doesn't matter.what matter is the probability in long term,not right or wrong this very time.

good luck.

Cai
A chart helps those who can read it.
  • #865,628
  • Dec 23, 2013 11:57pm Dec 23, 2013 11:57pm
Quoting Davit
{quote} It is generally understood that proper TL is drawn from close candles not from wicks.Your entire analyses could be costly due to this simple error. To see true price switch to line chart which is based on close price then switch back to candles.The view will be different. Regards

since when?

who set this rule?

who follows this rule?

Inquiring minds want to know........


There are many ways to skin a cat....
  • #865,629
  • Dec 24, 2013 12:01am Dec 24, 2013 12:01am
Quoting Chicky
Is there any artist here? I have a question regarding conart.

maybe she can answer
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  • #865,630
  • Dec 24, 2013 12:01am Dec 24, 2013 12:01am
Quoting geniusztc
{quote} There is no such thing as more PROPER XXX in technical analysis.The only thing you have is principle which you stick to.close or high/low,it doesn't matter.what matter is the probability in long term,not right or wrong this very time. good luck. Cai
What is the probability of me regaining my account?
if it goes to -99%, can come back to 0%, or even +99% .................. does this fall under probability study? If not, where it falls?
The Thief of Wall Street
  • #865,631
  • Dec 24, 2013 12:02am Dec 24, 2013 12:02am
Quoting milam
short GU 1.63494 risking 5 targeting 10…Please do not laugh..
Target reached.
Wherever you go, there you are.
  • #865,632
  • Dec 24, 2013 12:03am Dec 24, 2013 12:03am
Quoting infinitus
{quote} since when? who set this rule? who follows this rule? Inquiring minds want to know........ There are many ways to skin a cat....
"Yes, but your cat is still alive" from Chicky.
Wherever you go, there you are.
  • #865,633
  • Dec 24, 2013 12:04am Dec 24, 2013 12:04am
Quoting geniusztc
{quote} There is no such thing as more PROPER XXX in technical analysis.The only thing you have is principle which you stick to.close or high/low,it doesn't matter.what matter is the probability in long term,not right or wrong this very time. good luck. Cai
so true.
Wherever you go, there you are.
  • #865,634
  • Dec 24, 2013 12:10am Dec 24, 2013 12:10am
Quoting infinitus
{quote} maybe she can answer {image}

The image is more than an idea. It is a vortex or cluster of fused ideas and is endowed with energy. Ezra Pound.
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Wherever you go, there you are.
  • #865,635
  • Dec 24, 2013 12:11am Dec 24, 2013 12:11am
Quoting infinitus
{quote} since when? who set this rule? who follows this rule? Inquiring minds want to know........ There are many ways to skin a cat....
Skinning a cat is serious violation of human rights in America.
The Thief of Wall Street
  • #865,636
  • Dec 24, 2013 12:12am Dec 24, 2013 12:12am
Looks like EU might get thrown off the cliff right now.

Probably prefer shorting EJ/GJ at present moment, wouldn't mind seeing EU go back up and give another short opportunity higher
  • #865,637
  • Dec 24, 2013 12:14am Dec 24, 2013 12:14am
Quoting Ck87
Looks like EU might get thrown off the cliff right now. Probably prefer shorting EJ/GJ at present moment, wouldn't mind seeing EU go back up and give another short opportunity higher
The cliff lies near or above 1.4700
The Thief of Wall Street
  • #865,638
  • Dec 24, 2013 12:14am Dec 24, 2013 12:14am
Quoting Chicky
{quote} Skinning a cat is serious violation of human rights in America.
Humanity is the rich effluvium, it is the waste and the manure and the soil, and from it grows the tree of the arts. Ezra Pound.
Wherever you go, there you are.
  • #865,639
  • Dec 24, 2013 12:16am Dec 24, 2013 12:16am
Quoting Chicky
{quote} The cliff lies near or above 1.4700
Hahaha love the calls for 1.47 and 1.5, I believe they come from people that have made a good amount of money on the long side in recent months.

Greed is a funny thing my friend.
  • #865,640
  • Dec 24, 2013 12:23am Dec 24, 2013 12:23am
Quoting Ck87
{quote} Hahaha love the calls for 1.47 and 1.5, I believe they come from people that have made a good amount of money on the long side in recent months. Greed is a funny thing my friend.
Why are you so convinced on the way down my friend… Myself I do not mind which way she goes….
Wherever you go, there you are.
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