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Oktoberfest Nightclub

  • #2,141
  • Feb 18, 2014 2:02pm Feb 18, 2014 2:02pm
dow short @16141
fortis fortuna adiuvat
  • #2,142
  • Feb 18, 2014 2:46pm Feb 18, 2014 2:46pm
Quoting deltaone
{quote} any available information is priced in by the relevant market participants. media is just a thing to fool retails out of their money.
The biggest fooling for me are things like the media basically telling "everything is fine" after the Yellen speech. News have become a total joke to me. There are services like live squawk and stuff. Honestly, I did not know what to do with the news if I had them 10 days ago. The market does not react rational anyway. I will just use the news as a kind of catalyst now, the PA is the only thing that can tell me anything because they cannot hide it.
Fix up, trade sharp ...
  • #2,143
  • Feb 18, 2014 2:49pm Feb 18, 2014 2:49pm
closed @16141
fortis fortuna adiuvat
  • #2,144
  • Feb 18, 2014 2:51pm Feb 18, 2014 2:51pm
long @ 16147
fortis fortuna adiuvat
  • #2,145
  • Feb 18, 2014 2:53pm Feb 18, 2014 2:53pm
Quoting Hickson
{quote} The biggest fooling for me are things like the media basically telling "everything is fine" after the Yellen speech. News have become a total joke to me. There are services like live squawk and stuff. Honestly, I did not know what to do with the news if I had them 10 days ago. The market does not react rational anyway. I will just use the news as a kind of catalyst now, the PA is the only thing that can tell me anything because they cannot hide it.
mach das so, viel glück!
fortis fortuna adiuvat
  • #2,146
  • Feb 18, 2014 3:03pm Feb 18, 2014 3:03pm
closed @16127, -20...
fortis fortuna adiuvat
  • #2,147
  • Feb 18, 2014 3:12pm Feb 18, 2014 3:12pm
Quoting Hickson
{quote} Wonder if all these bad numbers that came out recently are already priced into the dollar ... looked more like they wanted to present it as not such a big thing in the media. Actually the economic numbers are frightening.
Hi Hickson,the best way to watch news is watching news one week before or two weeks before you got the actuall data. The price is allways priced in.
  • #2,148
  • Feb 18, 2014 3:21pm Feb 18, 2014 3:21pm
Quoting Hickson
{quote} The biggest fooling for me are things like the media basically telling "everything is fine" after the Yellen speech. News have become a total joke to me. There are services like live squawk and stuff. Honestly, I did not know what to do with the news if I had them 10 days ago. The market does not react rational anyway. I will just use the news as a kind of catalyst now, the PA is the only thing that can tell me anything because they cannot hide it.
this week I've read some analyzes (banks, elliott wave, etc.) a no one was right that we go upwards on EURUSD all have said that we are going down.At least we reached 1.3767 now. Elliottwave.com had this week free access and they counted the EURUSD from 1.3513 as 1-2 move with a strong wave 3 down. We pupped up now 260 Pips against their analysis. And they want 479$ per month for their service. I can only laugh about that. The best way is only to trade his own system. Maybe you catch 20 Pips and that are sure 20 Pips that you have earned. I personally give a shit on news.
  • #2,149
  • Feb 18, 2014 3:39pm Feb 18, 2014 3:39pm
Well, they just want to make money with their super duper tips. It is true, thinking by oneself is always the best. When I started to trade in November, I thought hm, maybe I can press something out of the news but quickly found out that it was mostly gambling. If the chart technically points in one direction, the data can be a trigger. But why care, if you are already in the market according to your analysis. ZEW was not the best today, EUR/USD is still bullish. So whatever news.

Put two longs on GBP/USD at 1,6668, SL 1,6592. Let us see how much sterling can rise again after this retracement. Though the daily looks a bit strange ...
Fix up, trade sharp ...
  • #2,150
  • Feb 18, 2014 3:52pm Feb 18, 2014 3:52pm
Quoting Hickson
Well, they just want to make money with their super duper tips. It is true, thinking by oneself is always the best. When I started to trade in November, I thought hm, maybe I can press something out of the news but quickly found out that it was mostly gambling. If the chart technically points in one direction, the data can be a trigger. But why care, if you are already in the market according to your analysis. ZEW was not the best today, EUR/USD is still bullish. So whatever news. Put two longs on GBP/USD at 1,6668, SL 1,6592. Let us see how much...
scroll back in my thread you can see i watched AUDUSD and posted a strong daily divergence on MACD and RSI. 2 weeks later we got some news and we popped up 400 Pips. So if you watch news two weeks before you can say what will happen @ the news. Is always the same game.
  • #2,151
  • Feb 18, 2014 3:56pm Feb 18, 2014 3:56pm
Quoting Schickeria
{quote} AUDUSD strong divergence on daily {image}
see here my chart
  • #2,152
  • Feb 18, 2014 3:57pm Feb 18, 2014 3:57pm
Quoting Schickeria
{quote} this week I've read some analyzes (banks, elliott wave, etc.) a no one was right that we go upwards on EURUSD all have said that we are going down.At least we reached 1.3767 now. Elliottwave.com had this week free access and they counted the EURUSD from 1.3513 as 1-2 move with a strong wave 3 down. We pupped up now 260 Pips against their analysis. And they want 479$ per month for their service. I can only laugh about that. The best way is only to trade his own system. Maybe you catch 20 Pips and that are sure 20 Pips that you have earned....

"En iyimser yaklaşımla haberler, bir süredir ağırlığını hissettirmekte olan kuvvetlerin gecikmiş olarak farkına varılmasıyla, trendden haberi olmayanların harekete geçmesine neden olur .... Herhangi bir haber, ya da haberler serisi, ilerlemekte olan bir trendin gerisinde yatan neden değildir" (Turkish version)

"With the most optimistic perspective , the news make those who are unaware of the real trend (which has been in progress recently) to get into action .... Some kind of data or a serie of news are not the reasons behind the progressing trend."

R.N. Elliot

I just tried to translate it fast while watching TV (I tried to find the original text , but I couldnt) I just wanted to share this quotation which basicly tells that natural cycles or lets say trends are not made by the data released. So I totally agree with you ... And it seems that Elliot also did.

Regards...
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #2,153
  • Feb 18, 2014 4:02pm Feb 18, 2014 4:02pm
Quoting Schickeria
{quote} scroll back in my thread you can see i watched AUDUSD and posted a strong daily divergence on MACD and RSI. 2 weeks later we got some news and we popped up 400 Pips. So if you watch news two weeks before you can say what will happen @ the news. Is always the same game.
How do you filter the useful information weeks before then? I guess you will not stare at bloomberg or other stuff all day. Or do you mean just general world news?
Fix up, trade sharp ...
  • #2,154
  • Feb 18, 2014 4:06pm Feb 18, 2014 4:06pm
Quoting Schickeria
{quote} 1.6855
my prediction @ 10. Jan for GU 1.6855 (has not been reached) but not bad call
  • #2,155
  • Feb 18, 2014 4:17pm Feb 18, 2014 4:17pm
Quoting Hickson
{quote} How do you filter the useful information weeks before then? I guess you will not stare at bloomberg or other stuff all day. Or do you mean just general world news?
Watch higher timeframes, search good or hard S/R Levels, divergences and watch news 2-4 weeks before. But the best analysis you get on correct charts. 99% of MT4 charts are wrong with wrong prices. And i ask you how can your fibonacci work on wrong charts ??? That is my view, and everyone can say what he want. That is really true.
  • #2,156
  • Feb 18, 2014 4:18pm Feb 18, 2014 4:18pm
I found the original text ...

Attached Image

Attached Image

Attached Image

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #2,157
  • Feb 18, 2014 4:23pm Feb 18, 2014 4:23pm
Quoting Schickeria
EURUSD {image}
this call was also not bad
  • #2,158
  • Feb 18, 2014 4:26pm Feb 18, 2014 4:26pm
Quoting selym_co
I found the original text ... {image} {image} {image}
good stuff
  • #2,159
  • Feb 18, 2014 4:33pm Feb 18, 2014 4:33pm
Quoting infinitus
{quote} just found it on duka only 1 pip gap in thin trading - for me without relevance {image}
manchmal doch :-)
Quoting Schickeria
{quote} Ich wette 1.000€ das wir dort hinlaufen {image}
  • #2,160
  • Feb 18, 2014 4:39pm Feb 18, 2014 4:39pm
Quoting Schickeria
{quote} Watch higher timeframes, search good or hard S/R Levels, divergences and watch news 2-4 weeks before. But the best analysis you get on correct charts. 99% of MT4 charts are wrong with wrong prices. And i ask you how can your fibonacci work on wrong charts ??? That is my view, and everyone can say what he want. That is really true.
Well if 99 % are wrong, how do you know your chart is right? Except you are trading on Alpari, then you know it is bullshit of course ... But I can imagine that brokers do not provide the best data ... and I already wondered about different fibos in analysis of different traders, which could explain it.
Fix up, trade sharp ...
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