NZD/CAD
Exceeded 2004 high
Watching this one as well for weakness
closer look at daily
Exceeded 2004 high
Watching this one as well for weaknesscloser look at daily
In trading, you have to be defensive and aggressive at the same time
- #3,382
- Mar 5, 2014 4:17pm Mar 5, 2014 4:17pm
- Joined Jun 2010 | Status: Trader | 3,896 Posts
{quote} ROFL -- Spoken like a TRUE..... >>>><<<<<..... Basically what you've just said.. Is that If this is not an indication of future results.. Then all the indicators and S/R and everything we do is absolutely nothing, because PAST performance is not indicative of Future results.. SO Fib retracement Garbage.. S/R Garbage.. Trend lines.. you get it lol. Because ALL of this indicators are based on PAST PERFORMANCE! So BOo on you!
Here for your viewing pleasure the dancing finger man.. I'm the backwards man the backwards man no one...
. No just kidding. But if you think about it though past performance is really not indication of future results. Yes, we do use a lot of tools to analyze past patterns to try to deduce what the future outlook would be like but when that future outlook turns out not to be what we predicted to be based on the analysis of past data, then we need to reassess and maybe take a different course of action instead of sticking to the past and say "well it's done that before there, so it should do it again here". Maybe it doesn't want to do the same thing anymore like in the past; it wants to do something else. 
Make your losses in demo. Earn your profits live.
- #3,383
- Mar 5, 2014 4:25pm Mar 5, 2014 4:25pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} I was referring to your past performance not an indication of future results
Price does have memory where TL S/R comes in but also true past performance is no guarantee.
If this was the case Liberians would of been multi millionaires
In trading, you have to be defensive and aggressive at the same time
- #3,384
- Mar 5, 2014 4:35pm Mar 5, 2014 4:35pm
- Joined Jun 2010 | Status: Trader | 3,896 Posts
{quote} I think both of you are correct. Price does have memory where TL S/R comes in but also true past performance is no guarantee. If this was the case Liberians would of been multi millionaires
Make your losses in demo. Earn your profits live.
- #3,390
- Mar 6, 2014 1:51am Mar 6, 2014 1:51am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
I do not insist on sell now.
- #3,398
- Mar 6, 2014 2:59am Mar 6, 2014 2:59am
- Joined Sep 2013 | Status: boreddddd | 3,137 Posts
{quote} man, 8287 was canceled targets
- #3,400
- Mar 6, 2014 3:06am Mar 6, 2014 3:06am
- | Joined Nov 2012 | Status: blind eyes... | 1,018 Posts
{quote} man, 8287 was canceled targets
